Daily Dispatches

China unloads $5 billion for vast mineral concessions in Congo

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China 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

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3p ET Tuesday, September 18, 2007

Dear Friend of GATA and Gold:

Fed gets aggressive, cuts rate by half point

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By 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

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Bank 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

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By 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

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From 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

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By 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

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Stopping 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

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By 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

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By 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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