SHANGHAI—Proving to be just as flimsy and precarious as many observers had previously warned, the Chinese-made Shanghai Composite index completely collapsed Monday, sources confirmed.
KIEV, UKRAINEThe firing of Prime Minister Yulia Tymoshenko and the dismissal of most of the federal government continued to go unremarked by Ukraine's 14 million citizens Monday. "Roads are crumbling, the Russian Mafia sets food prices, our currency grows more worthless by the hour, and still the government does nothing," said Brzyny Ilandrovitch, editor of the U.F. Monitor. "Every year, it's the same thing with this group of fat crooks." Upon hearing of the government overthrow, Ilandrovitch said he was reminded of 1991's democratic elections, when the lawless chaos that followed the country's independence from the Soviet Union left many doubting that a central government had been democratically elected.