Al Qaeda struck fear into the world’s biggest financial markets on Monday after a purported statement from the militant group vowed more suicide bombings against the United States and its European and Asian allies. European shares were mired in the red on Monday afternoon, after Tokyo stocks fell to their lowest level since August — partially due to weekend bombings in Turkey and clashes in Iraq. In New York, shares sagged in early morning trade, with Nasdaq falling more than one percent as concerns over more deadly attacks rippled across the globe. Gold was approaching levels not seen since 1996 on a weakening dollar and security fears. The purported statement from al Qaeda unit Abu Hafz al-Masri Brigades, published in a London-based Arab newspaper, claimed responsibility for Saturday’s blasts at two Istanbul synagogues that killed at least 23 people. It also threatened the United States, Australia, Japan, Italy and Britain, as well as their Arab allies, with more “cars of death” in the heart of their capitals. Full Story
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