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Daily Dispatches
Industrial, political pressure rises on ECB to weaken euro
Submitted by cpowell on Wed, 2008-02-27 20:17 Section: Daily DispatchesFalling Dollar and Soaring Euro
Pose Threat of Jobs Exodus
By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, February 28, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/28/cneuro...
Russia quietly starts to shift its oil trade into rubles
Submitted by cpowell on Wed, 2008-02-27 19:58 Section: Daily DispatchesBy Andrew E. Kramer
The New York Times
Wednesday, February 27, 2008
http://www.nytimes.com/2008/02/27/business/worldbusiness/27place.html?re...
MOSCOW -- Americans surely found little to celebrate when the price of oil settled above $100 a barrel last week.
Asian central banks intervene to slow dollar's fall
Submitted by cpowell on Wed, 2008-02-27 14:19 Section: Daily DispatchesDollar Plunge Sends Asian Currencies Surging;
Some Central Banks Intervene in Market
By Arran Scott
Dow Jones Newswires
via Associated Press
and International Herald-Tribune, Paris
http://www.iht.com/articles/ap/2008/02/27/business/AS-FIN-MKT-Asian-Curr...
Fed chairman signals another interest rate cut
Submitted by cpowell on Wed, 2008-02-27 11:10 Section: Daily DispatchesBy Jeannine Aversa
Associated Press
via Yahoo News
Wednesday, February 27, 2008
http://news.yahoo.com/s/ap/20080227/ap_on_bi_ge/bernanke_congress
Federal Reserve Chairman Ben Bernanke warned Congress that the nation is in for a period of sluggish business growth and sent a fresh signal Wednesday that interest rates will again be lowered to steady the teetering economy.
Greenspan tells Gulf oil producers to dump the dollar
Submitted by cpowell on Tue, 2008-02-26 22:00 Section: Daily DispatchesDropping Gulf's Dollar Peg
Would Ease Inflation: Greenspan
By Souhail Karam and Stanley Carvalho
Reuters
Monday, February 25, 2008
http://www.reuters.com/article/ousivMolt/idUSL2515874520080225
Please don't expect sustained inflation, Bank of England deputy wimpers
Submitted by cpowell on Tue, 2008-02-26 20:58 Section: Daily DispatchesBank of England Fears Largest Peacetime Liquidity Crisis
By Angela Monaghan
The Telegraph, London
Tuesday, February 26, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/26/bcnlom...
Ted Butler: The real deal
Submitted by cpowell on Tue, 2008-02-26 20:35 Section: Daily Dispatches8:30p ET Tuesday, February 27, 2008
Dear Friend of GATA and Gold:
Fed's vice chairman expects recession to quell inflation
Submitted by cpowell on Tue, 2008-02-26 20:17 Section: Daily DispatchesKohn Says Fed Weighs Need for More Rate Cuts
By Jim Brumm
Reuters
Tuesday, February 26, 2008
FDIC to add staff as bank failures loom
Submitted by cpowell on Tue, 2008-02-26 00:25 Section: Daily DispatchesBy Damien Paletta
The Wall Street Journal
Tuesday, February 26, 2008
http://online.wsj.com/article/SB120398607404892133.html?mod=hps_us_whats...
WASHINGTON -- The Federal Deposit Insurance Corp. is taking steps to brace for an increase in failed financial institutions as the nation's housing and credit markets continue to worsen.
Rick Ackerman: Gold bugs could call IMF's bluff
Submitted by cpowell on Mon, 2008-02-25 23:48 Section: Daily Dispatches11:46p ET Monday, February 25, 2008
Dear Friend of GATA and Gold: