Pigs in the Spotlight

Pigs.  Not the prettiest animal on the planet but they are one of Nature’s creatures and certainly prettier than some others!  At the moment they are rather in the negative spotlight thanks to a spot of flu.

The virus which originated in Mexico is claiming more lives and is causing panic around the globe.  Governments are issuing warnings not to travel to Mexico and affected areas in North America, and pork products from Mexico are being banned in various countries.

Travel and hotel shares are down, and soy and corn futures are also taking a hit.

The only area which is looking set for improvement is the drugs industry – anti-viral pharmaceuticals are set to get a good round of sales and people stock up on defense against the flu.

A Japanese analyst said in the BBC that the bottom to the world economy has been been “ruined by pigs”.  Is he right or is this a short-term hit for the markets?  Will the virus have a lasting damaging effect on the global economy?

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