U.S. Stocks Pare Retreat as Crude Oil Tumbles by More Than $9
By Elizabeth Stanton
July 15 (Bloomberg) — U.S. stocks rebounded as oil prices tumbled.
The Standard & Poor’s 500 Index pared its retreat to 0.9 percent after earlier dropping as much as 2.3 percent. Crude oil fell more than $9 a barrel, its first drop in a week, on concern that a slower economy will curtail demand.
The S&P 500 lost 11.83 points to 1,216.47 at 11:14 a.m. in New York. The Dow Jones Industrial Averageretreated 80.52 to 10,974.67. The Nasdaq Composite Index decreased 5.51, or 0.3 percent, to 2,207.36.
More than $13 trillion has been wiped off the value of global equities since October as $416 billion in credit-related losses prolonged the global economy’s slump and rising commodity prices stoke inflation. Among the 23 industrialized nations in the MSCI World Index, only Canada has averted a bear market.
Financial, telephone and consumer shares led the S&P 500’s 18 percent retreat this year even as the Fed slashed its benchmark interest rate seven times since September to bolster debt markets and make borrowing cheaper.
To contact the reporter on this story: Elizabeth Stanton in New York at[email protected].
Last Updated: July 15, 2008 11:15 EDT
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
