BOTTOM OF MARKET DROPS OUT EVEN FURTHER; WAR CONTINUES IN ASIA
NEW YORK CITY, North American Alliance - Stocks plummeted to a two-hundred
year low today, drastically continuing the four year-long slide that the
market has been in since the collapse of the Pacific Rim Alliance's government
in March 2162. The World Stock Market bottomed out at 3284.33 points, down
1798.37 from yesterday's closing, when the market closed at five o'clock.
Signs are becoming more and more plentiful that the global economy may not
only be heading into a depression, but that it has been there for some time,
kept with an appearance of health by overly optimistic trading. As a
precautionary measure, food is being rationed to supermarkets and customers
are being limited in their purchases.
The only stocks still moderately active in trading were technology interests,
with SEA's stock down only three points, perhaps bolstered by the successful
colonization of three more planets in the past seven months. New shipments
of raw materials and food are expected in from the colonies in under a year,
and hopes are that they will refresh the economy.
There has been a rash of suicides reminiscent of the Black Tuesday crash
of 1929, in the past few months, and though no significant increase has been
reported yet today, NAAEMA (North American Alliance Emergency Management
Agency) and its sister agencies in other Alliances have been placed on alert.
The war in Japan and China is no doubt contributing to the market's downfall,
as tech companies scramble to try to protect their assets from invading armies.
Sony's Armed Defense Force has been involved in a standoff with the Royal
Chinese Army for the past three weeks on Hokkaido, just outside of Sapporo
at the company's headquarters.
Mitsubishi and Daimler-Toyota are facing similar crises near Tokyo, and though
they are receiving support from the Japanese Army/Navy, the combined forces
are incurring heavy losses as the sheer manpower of the CRA washes across
King Pao has ordered the CRA to stop its march once the Japanese territory
is secure, in order to recoup losses and assimilate captured materials into
the war effort. This is the first rest his troops will have had since they
began their assault in 2161.
Malaysia and the Philippines have fallen in line with Pao, apparently out
of fear of similar treatment, though as yet they have not been forced to
war with the Japanese.
On the western front, the European Alliance forces have been unsuccessful
in breaking through the Afghan or Mongol lines. The Russian Independence
has continued to hold to its position of neutrality, though it is still allowing
the EAAF to cross through its territory.
Several colonies, including New Earth and Centauri, have voiced their wishes
to be left out of the war on Earth, and analysts are indicating that this
withdrawal may be indicative of a larger movement. The growing independence
of the colonies has the Alliances worried about the future security of their
(Excerpted from: Intersector News Corp, Vol XIV, No. 71)