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Daily Dispatches
China unloads $5 billion for vast mineral concessions in Congo
Submitted by cpowell on Tue, 2007-09-18 17:16 Section: Daily DispatchesChina Lends Congo $5 Billion
in Latest Foray into Africa
By Joe Bavier
Reuters
via Yahoo News
Tuesday, September 18, 2007
http://news.yahoo.com/s/nm/20070918/wl_nm/congo_democratic_china_dc_1
Ted Butler: Different patterns in silver traders report
Submitted by cpowell on Tue, 2007-09-18 15:04 Section: Daily Dispatches3p ET Tuesday, September 18, 2007
Dear Friend of GATA and Gold:
Fed gets aggressive, cuts rate by half point
Submitted by cpowell on Tue, 2007-09-18 14:38 Section: Daily DispatchesBy Martin Crutsinger
Associated Press
via Yahoo News
Tuesday, September 18, 2007
http://news.yahoo.com/s/ap/20070918/ap_on_bi_ge/fed_interest_rates;_ylt=...
Britain considers copying U.S. and German deposit insurance
Submitted by cpowell on Tue, 2007-09-18 10:48 Section: Daily DispatchesBank Shares Rally After Chancellor Steps In
By Peter Thal Larsen, Chris Giles,
and George Parker
Financial Times, London
Tuesday, September 18, 2007
http://www.ft.com/cms/s/0/cc10b29c-655e-11dc-bf89-0000779fd2ac.html
More banks may need bailouts as fear grows in Britain
Submitted by cpowell on Tue, 2007-09-18 00:26 Section: Daily DispatchesBy Katherine Griffiths
The Telegraph, London
Tuesday, September 18, 2007
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=NLRSMJNVCXQELQFIQ...
Exiting dollar, Iran puts 70% of reserves in other currencies and gold
Submitted by cpowell on Mon, 2007-09-17 23:09 Section: Daily DispatchesFrom Agence France-Press
via Daily Times, Lahore, Pakistan
Tuesday, September 18, 2007
http://www.dailytimes.com.pk/default.asp?page=2007%5C09%5C18%5Cstory_18-...
Financial Times: Spain is finished with gold sales
Submitted by cpowell on Mon, 2007-09-17 21:49 Section: Daily DispatchesBy Javier Blas
Financial Times, London
Monday, September 17, 2007
http://www.ft.com/cms/s/0/22f4ab90-6546-11dc-bf89-0000779fd2ac.html
LONDON -- The Bank of Spain, the largest seller of gold this year under the central banks' gold agreement, plans no more significant sales of the precious metal, a move that is likely to fuel the recent surge in prices.
All British banks now may expect government rescue
Submitted by cpowell on Mon, 2007-09-17 20:08 Section: Daily DispatchesStopping a Crisis from Becoming a Catastrophe
By Philip Stephens
Financial Times, London
Monday, September 17, 2007
http://www.ft.com/cms/s/0/2e4257da-656a-11dc-bf89-0000779fd2ac.html
Venezuela's oil accounts to dump the dollar
Submitted by cpowell on Mon, 2007-09-17 15:14 Section: Daily DispatchesBy Steven Bodzin
Bloomberg News Service
Monday, September 17, 2007
http://www.bloomberg.com/apps/news?pid=20601086&sid=aGBuWpZJ9cPI
CARACAS, Venezuela -- Venezuelan President Hugo Chavez instructed Petroleos de Venezuela SA, the state oil company, to convert its investment accounts from dollars to euros and Asian currencies to reduce risk.
Panic spreading, Britain guarantees all Northern Rock deposits
Submitted by cpowell on Mon, 2007-09-17 15:01 Section: Daily DispatchesBy Jean Eaglesham, Peter Thal Larsen,
Chris Giles, and Lina Saigol
Financial Times, London
Monday, September 17, 2007
http://www.ft.com/cms/s/2/39199b78-6489-11dc-90ea-0000779fd2ac.html
LONDON -- Alistair Darling, chancellor of the exchequer, has announced that the government will guarantee all deposits of Northern Rock account holders as ministers sought to calm savers' fears.
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