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Daily Dispatches
Venezuela's 'suffocating' oil workers request dollar payments
Submitted by cpowell on Tue, 2018-04-17 07:42 Section: Daily DispatchesBy Fabiola Zerpa
Bloomberg News
Monday, April 16, 2018
A group of workers at Venezuela's state-owned oil company is requesting wages in dollars as well as meal plans and better health insurance to make up for what they called "suffocating" economic conditions.
China increases U.S. Treasuries holdings despite trade tension
Submitted by cpowell on Tue, 2018-04-17 07:36 Section: Daily DispatchesBy Joe Rennison and Robin Wigglesworth
Financial Times, London
Monday, April 16, 2018
China expanded its U.S. Treasury holdings in February despite escalating trade tension between Beijing and Washington at the time, helping damp concerns the country could shed U.S. assets to hit back at the Trump administration.
Dollar and IMF oppress but gold doesn't, Turkish president says
Submitted by cpowell on Tue, 2018-04-17 07:16 Section: Daily DispatchesInternational Loans 'Should Be Based on Gold, Not Dollars,' Erdogan Says
From the Hurriyet Daily News, Istanbul
Monday, April 16, 2018
Turkish President Recep Tayyip Erdogan has suggested that international loans should be contracted based on gold instead of U.S. dollars in order to prevent exchange rate pressure on economies.
IMF loans should be paid in gold, not dollars, Turkey's president says
Submitted by cpowell on Mon, 2018-04-16 17:00 Section: Daily DispatchesFrom Ahval News, Gibraltar
Monday, April 16, 2018
Turkish President Recep Tayyip Erdogan today suggested that International Monetary Fund loans should be paid in gold instead of dollars.
Prosecution unfair to bullion bank trader, federal judge says
Submitted by cpowell on Mon, 2018-04-16 16:31 Section: Daily Dispatches4:32p ET Monday, April 16, 2018
Dear Friend of GATA and Gold:
The first of the bullion bank traders being brought to trial on charges of manipulating the U.S. gold and futures markets, Andy Flotron, has been treated unfairly by the prosecution, a federal judge has ruled.
Ronan Manly: Spoofing futures and banging fixes -- same banks and trading desks
Submitted by cpowell on Mon, 2018-04-16 16:09 Section: Daily Dispatches4:10p ET Monday, April 16, 2018
Dear Friend of GATA and Gold:
Jay Taylor: How much longer can the American empire run on fake money?
Submitted by cpowell on Mon, 2018-04-16 06:42 Section: Daily Dispatches6:44a ET Monday, April 16, 2018
Dear Friend of GATA and Gold:
Financial letter writer Jay Taylor's new commentary, "How Much Longer Can the American Empire Run on Fake Money?," cites GATA's work and adds:
Iran's currency collapses as central bank freezes foreign exchange
Submitted by cpowell on Sun, 2018-04-15 07:55 Section: Daily DispatchesIran Bans Sale Of Foreign Currencies at Exchange Bureaus
From Radio Farda
(Radio Free Europe / Radio Liberty, Washington)
Sunday, April 15, 2018
Ted Butler: An interesting anniversary
Submitted by cpowell on Thu, 2018-04-12 21:16 Section: Daily Dispatches9:17p ET Thursday, April 12, 2018
Dear Friend of GATA and Gold:
Putin's Russia roars but its economy can't sustain a superpower
Submitted by cpowell on Thu, 2018-04-12 20:38 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
via The Australian Financial Review, Sydney
Thursday, April 12, 2018
Russia's GDP was smaller than that of Texas even before the latest and most lethal sanctions imposed by Washington. It has diminished further to Benelux proportions after the rouble's 10 percent crash this week, the steepest fall since the late 1990s.
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