Drowned when the vehicle he was in overturned in a canal after sliding down a bank.

BBC: NEWS | UK | British military fatalities in Iraq

Half of the MSCI BRIC stock exposure comes from energy and financials, but crude prices are sliding, and bank profits can be volatile.

WSJ: Upside: Is It Time to Buy the BRICs?

This was then followed by months of foot-dragging about whether ESM would really be allowed to recapitalize banks as well as plenty of back-sliding (most notably from Germany) on allowing a single bank supervisor to operate throughout the euro area.

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Major financial names like Citigroup, Bank of America, and JPMorgan Chase followed the path of the general stock markets, sliding toward the close.

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The Bank has already relaxed its policies several times this year, without succeeding in preventing the country sliding into an all-out recession.

BBC: A chart of the dollar-yen exchange rate