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Daily Dispatches
S. Africa would extend rand to Zimbabwe in deal for reform
Submitted by cpowell on Sun, 2007-07-08 10:24 Section: Daily DispatchesBy Basildon Peta
The Sunday Independent, Cape Town, South Africa
Sunday, July 8, 2007
http://www.int.iol.co.za/index.php?set_id=1&click_id=68&art_id=vn2007070...
The Southern African Development Community (SADC) is preparing a dramatic plan to rescue the shattered Zimbabwean economy by extending the rand monetary area into Zimbabwe, according to sources.
Bernanke's helicopters revving up?
Submitted by cpowell on Sat, 2007-07-07 09:39 Section: Daily DispatchesFrom Reuters
Thursday, July 5, 2007
http://www.reuters.com/article/oddlyEnoughNews/idUSL0587827020070705
BERLIN -- A German motorist surprised by euro notes swirling in the air around her car hit the brakes and collected a "substantial amount of money" before turning it over to police, authorities in Worms said on Thursday.
Colombia reneges on treasure hunters who found $2 billion shipwreck
Submitted by cpowell on Sat, 2007-07-07 00:58 Section: Daily DispatchesFrom Agence France-Presse
via Yahoo News
Friday, July 6, 2007
http://news.yahoo.com/s/afp/20070707/ts_alt_afp/colombiausshipwreck_0707...
BOGOTA, Colombia -- Colombia's Supreme Court has ruled against US treasure hunters who claimed half of the estimated $2 billion in gold, silver, and emeralds aboard a Spanish galleon sunk in the Caribbean in 1708.
Ambrose Evans-Pritchard: As 'China effect' reverses, inflation threatens
Submitted by cpowell on Sat, 2007-07-07 00:42 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Saturday, July 7, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/07/cninfl...
When the prime minister appears on television vowing to "get to grips with inflation," you know that a serious problem is taking shape.
Canadian dollar reaches 30-year high against greenback
Submitted by cpowell on Fri, 2007-07-06 16:59 Section: Daily DispatchesBy the Associated Press
via Yahoo News
Friday, July 6, 2007
http://news.yahoo.com/s/ap/20070706/ap_on_bi_ge/dollar;_ylt=Agw5VHbX8F3k...
NEW YORK -- The Canadian dollar climbed to a 30-year high against the U.S. currency Friday, bolstered by higher oil prices, a strong economy, and a looming interest rate hike.
Italy adds Bank of America to market-rigging prosecution
Submitted by cpowell on Fri, 2007-07-06 16:52 Section: Daily DispatchesFrom Reuters
Friday, July 6, 2007
http://www.reuters.com/article/businessNews/idUSL0682874920070706
MILAN, Italy -- A Milan judge has ordered Bank of America to stand trial for alleged market-rigging by some of its employees in connection with Italian dairy firm Parmalat's collapse.
Forget futures -- go back to gold's basics
Submitted by cpowell on Fri, 2007-07-06 10:36 Section: Daily DispatchesBy Myra P. Saefong
MarketWatch.com
Friday, July 6, 2007
http://www.marketwatch.com/news/story/story.aspx?guid=%7BB5C0738A%2D740E...
SAN FRANCISCO -- Forget gold futures and exchange-traded funds. For the individual investor, there's nothing like the "fondle factor" of bullion.
Germany strives to fend off flood of hungry dollars
Submitted by cpowell on Fri, 2007-07-06 10:09 Section: Daily DispatchesGermany Defends Its 'Crown Jewels'
By Ambrose Evans-Pritchard
The Telegraph, London
Friday, July 6, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/06/cngerm...
Germany is drawing up detailed plans to stop strategic assets falling into the hands of "giant locust funds" controlled by Russia, China, and Middle East governments.
Mexican miners strike briefly to stress safety concerns
Submitted by cpowell on Fri, 2007-07-06 01:31 Section: Daily DispatchesBy Paul Kiernan
Associated Press
via Yahoo News
Thursday, July 5, 2007
http://news.yahoo.com/s/ap/20070705/ap_on_re_la_am_ca/mexico_miners_strike
MEXICO CITY -- Mine workers across Mexico waged a 24-hour strike Thursday, hoping to achieve better safety standards and to improve collective labor's footing in the industry, a union official said.
David Ranson and Penny Russell: Money meltdown
Submitted by cpowell on Fri, 2007-07-06 01:14 Section: Daily DispatchesBy David Ranson and Penny Russell
The Wall Street Journal
Thursday, July 5, 2007
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