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Daily Dispatches
Greenback is worth nothing in terms of American pride
Submitted by cpowell on Sun, 2007-11-11 13:22 Section: Daily DispatchesTim Harper
Toronto Star
Friday, November 9, 2007
http://www.thestar.com/News/article/275023
MUSCATINE, Iowa -- An American rap star and entrepreneur celebrates his wealth with a wad of euros in a new video.
A Brazilian supermodel reportedly declines payment in U.S. dollars. A newfound French friend warns of international economic war.
Banks reported agreed on credit backup fund
Submitted by cpowell on Sun, 2007-11-11 12:59 Section: Daily DispatchesBy Eric Dash
The New York Times
Sunday, November 11, 2007
http://www.nytimes.com/2007/11/11/business/11bank.html?ref=business
Peter Brimelow: Veterans aren't panicking over Dow's plunge
Submitted by cpowell on Fri, 2007-11-09 08:56 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Thursday, November 8, 2007
http://www.marketwatch.com/news/story/veterans-arent-panicking-over-dows...
NEW YORK -- Phooey! Wednesday's 360-point Dow drop was only the fifth-worst of day of 2007, and the index still up for the year. Why worry?
Rio Tinto could be in the sights of more suitors, analysts say
Submitted by cpowell on Thu, 2007-11-08 22:14 Section: Daily DispatchesBy James Regan
Reuters
via Yahoo News
Thursday, November 8, 2007
http://news.yahoo.com/s/nm/20071109/bs_nm/riotinto_bhpbilliton1_dc;_ylt=...
SYDNEY, Australia -- Rio Tinto Ltd/Plc could be in the sights of more corporate suitors after rebuffing a $140 billion all-share takeover proposal from rival miner BHP Billiton Ltd/Plc.
Rio Tinto soars after spurned bid from Billiton
Submitted by cpowell on Thu, 2007-11-08 08:35 Section: Daily DispatchesBy Mark Potter and Eric Onstad
Reuters
Thursday, November 8, 2007
http://news.yahoo.com/s/nm/20071108/bs_nm/rio_tinto_bhp_billiton_dc;_ylt...
BHP Billiton has made a long-awaited bid approach to Rio Tinto in a move aimed at creating a $350 billion-plus mining giant, but Rio rejected the all-share proposal as too low.
China aims at dollar but Europe could get hit as euro soars
Submitted by cpowell on Thu, 2007-11-08 01:24 Section: Daily DispatchesBy Lisa Twaronite
MarketWatch.com
Wednesday, November 7, 2007
http://www.marketwatch.com/news/story/china-aims-dollar-europe-could/sto...
Gold eyes all-time high on currency crisis fears
Submitted by cpowell on Thu, 2007-11-08 01:15 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, November 7, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/11/07/bcngol...
Gold has surged to $846 an ounce on fears of a dollar collapse and signs of spreading credit crisis in the United States, coming within a whisker of the all-time high seen at the end of the 1970s inflation era.
Flush with cash, Ron Paul has hopes for New Hampshire
Submitted by cpowell on Thu, 2007-11-08 00:37 Section: Daily DispatchesBy Norma Love
Associated Press
via Yahoo News
Wednesday, November 7, 2007
http://news.yahoo.com/s/ap/20071107/ap_on_el_pr/ron_paul_ap_interview;_y...
Fed officials hint at potential for still lower interest rates
Submitted by cpowell on Thu, 2007-11-08 00:31 Section: Daily DispatchesBy Ros Krasny
Reuters
via Yahoo News
Wednesday, November 7, 2007
http://news.yahoo.com/s/nm/20071107/bs_nm/usa_fed_dc;_ylt=AijlHAlq905n9G...
MILWAUKEE, Wisconsin -- Federal Reserve officials on Wednesday said more interest rate cuts could be needed if economic growth proves weaker than expected, just a week after hinting that rates would probably stay steady for now.
On the verge of a worldwide currency crisis
Submitted by cpowell on Thu, 2007-11-08 00:24 Section: Daily DispatchesSarkozy Fears 'Economic War' as Dollar Slides
By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, November 8, 2007
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=V3TQOP1R3VY03QFIQ...
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