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Home / World

<i>Eye on a crisis:</i> Focus shifts to Wall Street

17 Sep, 2001 08:07 PM3 mins to read

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This is a new daily column on coverage of the crisis in newspapers around the globe. Today: the United States and Britain.

In the US, the Los Angeles Times and the New York Times focus on the reopening of the Stock Exchange and the effect on the economy. Under the headline,
'Washington acts to spur economy,' the Los Angeles Times reports that bipartisan proposals are an attempt to keep consumers spending to hopefully stave off recession. In an editorial the paper asks: "How much liberty is America willing to sacrifice in the hope of averting further acts of terrorism." The New York Times in a story 'Focus shifts to Wall Street,' says Wall Street leaders have been asked to "do what they could as a patriotic duty" to keep the stock markets from tumbling when they opened. In another featured story, 'A nation binds its wound in red, white and blue' it reports on how the flag has "bloomed" in New York and around the country as people try to vent their anger and sorrow. The paper praised George W. Bush's handling of the crisis saying in an editorial: "In its greatest hour of need, the city must be grateful that he rose to the occasion, and demonstrated that he is President of the entire country."

British newspapers were variations on two main themes: Prime Minister Tony Blair's declaration that the country was at war with terrorism and that Afghanistan's Taleban rulers had been given an ultimatum to hand over Osama bin Laden. The Daily Mail carried a picture of Ryan and Elliot Dennis whose British father died on the 101st floor of the World Trade Center with the headline 'At war for children like these.' The Daily Express trumpeted 'Hand him over or we'll come in and get him' while the Mirror quoted US Vice-President Dick Cheney 'I want his head on a platter.' The Daily Telegraph said 'America is closing in on bin Laden.' The Times carried a first hand account of the scene at Ground zero in New York. The Independent said the US believed there are terrorist cells in 60 countries.

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