World chaos has caused its current (19.7.2024) technical problem, leading one after another airlines to suspend their flights causing “war” scenes in the world. However, the impact of the collapse of Microsoft/Crowdstrike systems, not only concerns airport flights, from America to Australia, but the operation of countless businesses with direct consequences for the economy’s “heart”, to stock exchanges and banks. According to Bloomberg, the London Stock Exchange is among those affected by the group announcing that the RNS news service is facing a technical problem preventing the publication of news on its website, i.e. where they publish their stock announcements. The service processes about 350,000 announcements each year with about three-quarters of them being considered influential on share prices. As regards the futures of Euro Stoxx 50 only 44,000 contracts have been negotiated in the morning hours of Friday (19.07.2024), a size that constitutes about half the volume of the usual at this time of day. The European Stoxx Europe 600 index is falling up to 0.6% in initial transactions, as investors watch holidays. Data on indicators, such as the British FTSE 100 and the Italian FTSE MIB, came with a delay about 20 minutes after opening. The volume of transactions is 18% lower. The activities of some of India’s largest stock companies have been affected. 5Paisa informed its users that its systems are affected due to “global shutdown in Crowdstrike/Microsoft”, while the top listed stock company Angel One informed users of “interrupted problems”. In addition, small risk reduction movements in global bond and foreign exchange markets were reversed. State bond yields retreated by two basis points amid the storm of news to shut down, but have returned to a slight change. In the foreign exchange market, the sudden rise of the Japanese yen shows that the prospect of extended holidays has hit investors hard in an already tense period, where the risk climate is already fragile amid concerns about technological decline and political developments in the US. The rise of the yen comes after its fall during the previous year that undermined its status as an asset shelter. The dollar was also strengthened against most of its competitive currencies. According to Anthony Cohen, broker at Market Securities, system shutdown can have a serious impact on markets today. A representative of Nasdaq in Scandinavia said that the company is aware of Microsoft’s problem, but trade and market surveillance are functioning normally, according to Charles Daly. In the focus, McDonald’s Japan suspended about a third of its stores throughout the country due to cash machine problems. In the banking sector, banking services in New Zealand are affected by network shutdown, New Zealand Herald said, while according to Israel’s central bank the global malfunction causes some disruptions in the country’s banking system. The central bank says the problem has caused “some effect on the banking system, which knows the incident and handles it.” Capitec, the largest bank in South Africa to clients, is also affected. The bank says it is facing system malfunction at national level, although card payments are still working.