Bird flu in Asia now? Especially in South-East Asia countries.
Will it cause financial martets in Asia or the whole world?
2006-09-27 06:47:01 · 6 answers · asked by §»±l ³ 1 in Business & Finance ➔ Investing
Bird Flu has been in the news for 2 to 3 years now, while it is worrying the numbers of people dying around the world have not been large enough to create panic in financial markets. Some drug makers have seen their share price go up when they announced they were searching for a cure.
There was a "wobble" in European markets earlier this year when cases were reported in Germany and the UK (the UK report was later found to be incorrect). But you're not going to see large share price falls unless hundreds of people start dying in first world countries. If that happens you're looking at meltdown in financial markets across the world - an impact similar to a large scale terrorist attack which will go on for several months.
Some scientists say a bird flu epidemic is bound to happen, some say it is all just scaremongering. Who knows?
2006-09-28 01:04:57 · answer #1 · answered by popeleo5th 5 · 0⤊ 0⤋
Bird flu is still very much an issue. In Asia it is still ravishing poultry flocks in some countries. Indonesia, for example, has just recorded it's 51st victim and has the highest death toll in the world. It is expected that with the onset of autumn the flocks of migratory birds on the move again will spread the virus to other territories. The concern for the disease is still there, just that the highlight is sometimes caught by other stories.
Check the news and some useful info here:
http://www.bird-flu-center.com
2006-09-29 02:09:51 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It will cause problems in financial markets across the entire world.
The number of clusters of human cases in Indonesia is increasing everyday and each cluster is growing bigger. It's alarming. The fatality rate in Indonesia is just under 80%. The worldwide fatality rate this year is 67%.
Human to human transmission is occurring and all it will take is for that to take off...and we will have a pandemic.
2006-09-30 22:22:40 · answer #3 · answered by starlight 3 · 0⤊ 0⤋
not in its present form. But if it mutates and begins wiping out people wholesale--by the millions--then the financial markets will panic and share prices will collapse. It will then be a good time to buy if you survive.
2006-09-27 16:18:50 · answer #4 · answered by Anonymous · 0⤊ 0⤋
mostly in west because they migrateto the west in winter.
2006-09-29 07:24:59 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Sorry, no. It is a greatly exagerrated disease.
2006-09-27 13:49:53 · answer #6 · answered by Anonymous · 0⤊ 0⤋