Daily Dispatches

To control inflation, Kuwait drops dollar peg


By Ulf Laessing
Sunday, May 20, 2007


KUWAIT -- Kuwait unshackled its dinar from the tumbling U.S. dollar on Sunday and switched the exchange rate mechanism to a basket of currencies, throwing plans for currency union with other Gulf Arab oil producers into disarray.

Antal Fekete and Doug Noland on the devices of infinite money


1:15p ET Sunday, May 20, 2007

Dear Friend of GATA and Gold:

More and more of American business is just financial manipulation


We Try Harder -- But What's the Point?

By Michael Kinsley
The New York Times
Wednesday, May 16, 2007


China preparing to trade U.S. bonds for equities in a big way


China to Take $3 Billion Gamble on Blackstone

By Martin Arnold, Richard McGregor,
Francesco Guerrera, and Joanna Chung
Financial Times, London
Friday, May 18, 2007


Will U.S. let this $11 billion come home via a buyout?


Saudi Company in Lead to Buy GE Plastics, Source Says

From Reuters
Friday, May 18, 2007


BOSTON -- Riyadh-based chemicals company Saudi Basic Industries Corp. is in the lead to buy General Electric Co.'s plastics business, a source familiar with the situation said on Friday.

George Cooper: Gold eclipses currencies as inflation hedge


5:40p ET Friday, May 18, 2007

Dear Friend of GATA and Gold:

Hugo Salinas Price: The silver bridge


5:25p ET Friday, May 18, 2007

Dear Friend of GATA and Gold:

Hugo Salinas Price, president of the Mexican Civic Association for Silver, elaborates on his proposal to put silver back to work as a regular currency in the world's foremost silver-producing nation. His essay is titled "The Silver Bridge" and you can find it at Jim Puplava's Financial Sense Internet site here:

China will let its currency rise faster


By Joe McDonald
Associated Press
via Yahoo News
Friday, May 18, 2008


NYPost prods Treasury for answers on government's rigging stock market


Maybe This Will Help Treasury Move Faster

By John Crudele
New York Post
Thursday, May 17, 2007


We'd love to help the U.S. Treasury comply with our request for information about the Working Group on Financial Markets.

China reluctant to turn its markets over to MorganChase, Goldman Sachs


China Resists Pressure from U.S. Brokers

By Richard McGregor and Sundeep Tucker
Financial Times, London
Thursday, May 17, 2007


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