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Daily Dispatches

French foreign minister warns of war over Iranian nukes

Section: Daily Dispatches

From Agence France-Presse
via Yahoo News
Sunday, September 16, 2007

http://news.yahoo.com/s/afp/20070916/wl_afp/franceirannuclear_0709161936...

PARIS -- The world should brace for a possible war over the Iranian nuclear crisis, but seeking a solution through talks should take priority, French Foreign Minister Bernard Kouchner said on Sunday.

So what's it worth when there's no regular market?

Section: Daily Dispatches

By Paul J. Davies, Jennifer Hughes, and Gillian Tett
Financial Times, London
Thursday, September 13, 2007

http://www.ft.com/cms/s/0/51f80dfe-6192-11dc-bf25-0000779fd2ac.html

EU adopts flexible stance on bank crises

Section: Daily Dispatches

By Tony Barber
Financial Times, London
Sunday, September 16, 2007

http://www.ft.com/cms/s/0/05b34256-648a-11dc-90ea-0000779fd2ac.html

PORTO, Portugal -- European Union finance ministers and central bankers decided at the weekend against establishing fixed rules in advance on how to bail out banks or other financial institutions that have cross-border operations in the EU.

With a sling and a stone

Section: Daily Dispatches

1:20p ET Sunday, September 16, 2007

Dear Friend of GATA and Gold:

Rise in Canadian dollar shows break with U.S. economy

Section: Daily Dispatches

By Haris Anwar
Bloomberg News Service
Monday, September 17, 2007

http://quote.bloomberg.com/apps/news?pid=20601087&sid=a6uPcUFdLnao

TORONTO -- Currency traders are concluding that there's nothing the U.S. economy can do that Canada's can't do better. Much better.

James Turk: Banking system is 'a house of cards'

Section: Daily Dispatches

12:25p ET Sunday, September 16, 2007

Dear Friend of GATA and Gold:

Angry savers forcing sale of Northern Rock

Section: Daily Dispatches

By Iain Dey and Patrick Hennessy
The Telegraph, London
Sunday, September 16, 2007

http://www.telegraph.co.uk/money/main.jhtml;jsessionid=WRKLTFU5KMZUFQFIQ...

Northern Rock, the crisis-hit bank under siege from thousands of its customers, was preparing itself last night for a selloff, The Sunday Telegraph can reveal.

Bankers fear L12 billion run on Northern Rock

Section: Daily Dispatches

David Smith, Grant Ringshaw, and Holly Watt
The Times, London
Sunday, September 16, 2007

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_...

Northern Rock, the mortgage bank rescued by the Bank of England last week, could see as much as L12 billion -- nearly half its deposits -- withdrawn by worried savers, experts say.

European Union drawing cross-border bank-bailout plans

Section: Daily Dispatches

By Huw Jones
Reuters
Saturday, September 15, 2007

http://www.reuters.com/article/ousiv/idUSL1529380120070915

PORTO, Portugal -- European Union finance ministers and central bankers agreed on Saturday to step up co-operation among themselves to improve their handling of cross-border financial crises.

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