Terror hits markets - papers 23 March

Widely seen as a marker of market confidence, the 10k level was heralded as proof of the strength of the bull market of the 1990s when it was first crossed. Since the Madrid bombings, markets around the world have dropped below their levels seen at the start of the year. Yesterday’s news Israel is stepping up its campaign of assasinations also unsettled the markets The Times says. FEARS OF A terrorist attack of the kind that brought down the New York World Trade Center towers in September 2001 could prove twice as costly for insurers today, according to new calculations published by US...