Keyword: usdollars

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  • 25 Reasons To Buy Gold And Dump Dollars

    07/09/2011 6:34:15 PM PDT · by SeekAndFind · 56 replies
    Business Insider ^ | 07/09/2011
    Debt-based fiat money, which implies never ending debt and constant inflation, is not a sound, stable or sustainable monetary system. Major economic problems today, such as rising global commodity prices and the sovereign debt crisis, are not aberrations or inherent problems of capitalism, but are the inevitable consequences of a centrally planned system that, by design, produces never ending inflation, ever increasing centralization of financial power and increasingly extreme concentration of wealth. Monetary systems that rely on debt-based fiat money can be accurately described as confidence games and the global cartel of central banks that exists today is similar to...
  • ...Ecuador Conterfeiting Problems

    08/01/2009 10:45:43 PM PDT · by Cindy · 9 replies · 896+ views
    OSAC.gov ^ | July 30, 2009 | n/a
    Note: The following text is a quote: YOU ARE HERE: Home > Reports > Consular Affairs Bulletins > Report Warden Message: Ecuador Conterfeiting Problems CONSULAR AFFAIRS BULLETINS Americas - Ecuador 30 Jul 2009 U.S. Embassy Quito issued the following Warden Message on July 30, 2009: The U.S. Embassy and Consulate General in Ecuador wish to inform American citizens visiting or resident in Ecuador of the continuing problem of counterfeit U.S. dollars circulating within Ecuador. We remind American citizens to check your currency carefully when leaving any banking institution or private business within Ecuador. Recently, we’ve received reports of counterfeit bills...
  • Senior China Official Urges Cut in US Debt Holding

    04/03/2006 9:11:36 PM PDT · by ex-Texan · 27 replies · 1,100+ views
    Reuters/ Yahoooo ^ | 4/03/2006 | Staff Writers
    BEIJING (Reuters) - China should gradually reduce its holdings of U.S. debt and can stop buying dollar-denominated bonds, a Hong Kong newspaper on Tuesday quoted Cheng Siwei, a vice chief of China's parliament, as saying. With China a leading financier of the U.S. current account deficit, Cheng's comments sent the dollar lower against the euro and yen and also pushed down prices of U.S. government bonds. The Beijing-funded Wen Wei Po daily carried Cheng's comments, made in Hong Kong on Monday, but it was not immediately clear whether they reflected those of top decision makers who determine the content of...
  • Dump Your Dollars NOW!

    11/28/2004 10:45:30 PM PST · by CHARLITE · 45 replies · 3,722+ views
    CHRONWATCH.COM ^ | NOVEMBER 29, 2004 | NOEL SHEPPARD
    Have you checked the value of your stocks or your real estate lately? In euros? Or British pounds? Has it all sadly disappeared seemingly while you were sleeping? Looking at the dire prognostications of currency analysts on television or in the newspapers lately would lead one to believe that all of your assets are evaporating like raindrops on a Phoenix sidewalk in August. Given the depth of the dread, I’m surprised that some of the Wall Street brokerage firms haven’t taken advantage of all this gloom by selling a currency-hedging strategy to consumers that would prevent the disappearance of home...
  • Larry Kudlow: Defend the dollar

    12/10/2003 10:25:13 PM PST · by JohnHuang2 · 2 replies · 125+ views
    TownHall.com ^ | Thursday, December 11, 2003 | Larry Kudlow
    At this week's monetary-policy meeting, the Federal Reserve took the first baby step toward making small interest-rate increases next year. The central back acknowledged that deflation is no longer a problem and that the economy is growing briskly. Wisely, the Fed appears to be taking account of forward-looking market indicators, such as rising gold, higher raw-material commodity prices and a declining dollar, all of which signal that the obstacle of deflationary price declines has been removed and that world economic recovery has begun. Next year, the Fed will slowly narrow the 1 percentage point gap between the fed funds policy...
  • Consequences of a Dollar Standard

    12/03/2003 9:02:06 AM PST · by sourcery · 11 replies · 134+ views
    Mises.org ^ | December 3, 2003 | Christopher Mayer
    Since the end of the Bretton Woods agreement in 1971, the dollar has been an irredeemable currency, no longer defined or measured in terms of gold.  Nonetheless, in an ironic twist, it has become the world’s dominant currency and the core reserve asset of central banks all over the world. It has replaced gold as an international currency.  The transformation has not happened without consequences. One of these is that the discipline imposed by the gold standard is no longer operative. Another consequence, related to the first, is the profound effect this has had on international trade. The Discipline of Gold In the...
  • $US25m bounty on al-Qaeda leader

    10/30/2003 10:03:12 PM PST · by Pro-Bush · 4 replies · 161+ views
    AFP ^ | 10/31/03 | AFP Staff
    US25m bounty on al-Qaeda leader From correspondents in Washington October 31, 2003 THE United States today offered up to $US25 million for clues leading to the arrest of Abu Musab al-Zarqawi, linked to al-Qaeda leader Osama bin Laden and said to be recruiting fighters in Iraq. The bounty is one of the highest ever offered under the State Department's "Rewards for Justice" program and matches that offered for bin Laden himself and ousted Iraqi president Saddam Hussein, officials said. The reward was announced without comment when information about it was posted to the program's website (www.rewardsforjustice.net) which is run in...
  • US rejects allegations that billions in Iraq funds are missing

    10/23/2003 5:35:29 PM PDT · by Unam Sanctam · 8 replies · 131+ views
    Channel News Asia ^ | October 24, 2003 | AFP
    MADRID : The chief of the US occupation authority in Iraq rejected allegations that billions of dollars in Iraqi oil revenue and other funds earmarked for the reconstruction of the country had gone missing in "opaque" bank accounts. Paul Bremer, head of the Coalition Provisional Authority, said all funds were being spent or transferred in a "completely transparent" way and that auditors' accounting of CPA expenditures from those funds would soon be posted on the internet and provided to an oversight board. "The entire accounts of the Development Fund for Iraq will be posted on the internet and made available...
  • Billions in Iraq aid unaccounted for, group says

    10/23/2003 9:13:10 AM PDT · by Brian S · 30 replies · 150+ views
    Christian Aid calls on U.S.-appointed regime to become more transparent JILL LAWLESS ASSOCIATED PRESS LONDON (AP) — The U.S.-run body governing Iraq has failed to account for billions of dollars allocated for rebuilding the country, a prominent British aid group said today. Christian Aid said in its report that the Coalition Provisional Authority had only explained publicly how it had spent $1 billion (U.S.) of the $5 billion in Iraqi funds it has been given for the country's redevelopment. The funds include $1 billion from the former United Nations Oil for Food program, $2.5 billion in assets seized from Saddam...
  • Dollars flood into Moscow as Russian success story dazzles investors

    10/13/2003 1:15:59 PM PDT · by Brian S · 31 replies · 153+ views
    AFP ^ | 10-13-03
    MOSCOW, Oct 12 (AFP) - Oil men and investment bankers are throwing money around expensive nightspots in Moscow these days as investors crowd into Russia again to get a slice of the action in one of the world's hottest economies. With the Moscow stock market already at all-time highs after rocketing past a level not seen since before the 1998 financial crash, fresh euphoria erupted when Moody's upgraded Russia's credit rating Thursday to investment grade. "Russia's economy is extremely solid and its prospects are excellent," enthused Christopher Granville of the Moscow-based brokerage United Financial Group, hailing the move as a...
  • Remittances are Mexico's biggest source of income, says Fox

    10/06/2003 4:07:30 PM PDT · by AZ GRAMMY · 27 replies · 396+ views
    ASSOCIATED PRESS ^ | Luis Alonso Lugo
    Remittances are Mexico's biggest source of income, says Fox By Luis Alonso Lugo ASSOCIATED PRESS 8:51 p.m. September 24, 2003 NEW YORK ? Money sent from Mexican workers in the United States to their families back home has reached a record $12 billion in 2003, Mexican President Vicente Fox said Wednesday. Remittances "are our biggest source of foreign income, bigger than oil, tourism or foreign investment," Fox told reporters after a meeting with Mexican-American businessmen. "The 20 million Mexicans in the United States generate a gross product that is slightly higher than the $600 billion generated by Mexicans in Mexico,"...
  • U.S. Loan Requires Turkey to ‘Not Enter Northern Iraq’

    10/01/2003 6:05:57 PM PDT · by pkpjamestown · 1 replies · 159+ views
    Zaman ^ | 09-03-03 | Salih Boztas
    Ankara, TURKEY, September 30, 2003 - Both American and Turkish officials have confirmed that the US$8,5 billion loan is tied to a condition that Turkish troops not enter Northern Iraq. In a statement before the Cabinet Council meeting yesterday, Deputy Prime Minister Mehmet Ali Sahin has confirmed just that. “The U.S. Senate determined conditions for the credit. This is one of them,” said Sahin. Minister of Justice and government spokesman Cemil Cicek also confirmed the condition in similar terms. American officials also added their comments. A US official, who wanted to remain anonymous, said: “The condition for Turkish troops not...
  • GOP signals Iraq money may be structured as loan

    10/01/2003 1:42:42 AM PDT · by Mark Felton · 48 replies · 839+ views
    AP ^ | 10/1/03 | AP
    WASHINGTON - Republicans muscled President Bush's $87 billion plan for Iraq and Afghanistan through a Senate committee Tuesday but signaled they may ultimately defy the White House and structure some of the aid as a loan. The Senate Appropriations Committee approved the bill 29-0, with Democrats reluctant to oppose a bill dominated by funds for U.S. troops. But the unanimous tally belied sharp partisan divisions over $20.3 billion included for Iraqi reconstruction. With even GOP senators flashing signs of unease over the Iraq rebuilding money, the panel's chairman said a bipartisan compromise was being explored to provide some of the...
  • Overvalued U.S. dollar is a slippery slope

    09/28/2003 5:53:18 AM PDT · by sarcasm · 4 replies · 178+ views
    The Salt Lake Tribune ^ | September 28, 2003 | Ken Moritsugu
        WASHINGTON -- A slide in the value of the U.S. dollar has spooked stock and bond markets this week, a reminder that a dollar crash could devastate the U.S. and global economies.     A rise or fall in the value of the dollar against other currencies matters little by itself for most consumers, unless they travel overseas. Yet a sudden change in the exchange rate can indirectly raise or lower the cost of goods in the stores, influence job-creation, investment and mortgage-interest rates and shrink the value of retirement portfolios.     In recent years, foreigners buying dollars -- and...
  • Mexicans in U.S. send $12B home

    09/28/2003 1:49:53 AM PDT · by sarcasm · 8 replies · 161+ views
    AP ^ | September 28, 2003
    Money sent from Mexican workers in the U.S. to their families back home has reached a record $12 billion this year, Mexican President Vicente Fox said last week. Remittances "are our biggest source of foreign income, bigger than oil, tourism or foreign investment," Fox told reporters after a meeting with Mexican-American businessmen in Manhattan. "The 20 million Mexicans in the United States generate a gross product that is slightly higher than the $600 billion generated by Mexicans in Mexico," Fox said, adding that his country has the ninth-largest economy in the world. "If we could add up the two products,...
  • Influx of goods, cash puts Iraqis in buying mood

    09/25/2003 5:34:37 PM PDT · by teldon30 · 25 replies · 216+ views
    USA Today ^ | 9/25/2003 | Glen C. Carey
    <p>BAGHDAD — When Massoud Mazouri learned that the U.S.-led coalition had ousted Saddam Hussein from power on April 9, he hurried to Baghdad from his home in northern Iraq to set up an electronics business.</p> <p>Now the 28-year-old Kurdish merchant is selling televisions and satellite receivers at a brisk pace to gadget-starved shoppers. It's among the first signs that Iraq's larger economy is coming to life.</p>
  • Ban on Russian ads depicting euro having sex with dollar

    09/24/2003 10:08:02 AM PDT · by BullDog108 · 24 replies · 699+ views
    Ananova ^ | 9/24/3 | Ananova
    Advertising authorities in Moscow have banned a poster campaign showing the euro having sex with the US dollar. The campaign, by the Russian Finance magazine, was judged immoral by the Moscow Committee for advertising and information, reports Izvestia. Advertising company News Outdoor had to tear down 100 posters overnight in Moscow, after receiving a warning letter from the committee chairman Igor Presnyakov. Magazine publisher Igor Maltsev said he did not realise what the posters were supposed to represent. "I thought the currencies were dancing on our poster," he said. "But after hearing from Mr Presnyakov I saw that, yes,...
  • Plea for Iraq funds goes to Hill

    09/22/2003 10:44:35 PM PDT · by JohnHuang2 · 127+ views
    Washington Times ^ | Tuesday, September 23, 2003 | By Stephen Dinan
    <p>American troops in Iraq will continue to be in danger if Congress does not quickly pass the president's $87 billion emergency funding request, the American administrator in Iraq, L. Paul Bremer, told senators yesterday.</p> <p>"Some Iraqis are beginning to regard us as occupiers and not as liberators. Some of this is inevitable, but faster progress on reconstruction will help," Mr. Bremer told the Senate Appropriations Committee.</p>
  • AP: Iraq money would go to firefighters, hospitals, ZIP codes

    09/22/2003 8:36:14 PM PDT · by Mark Felton · 12 replies · 249+ views
    AP/CNN ^ | 9/22/03 | AP
    <p>WASHINGTON (AP) -- The administration wants $100 million for an Iraqi witness protection program, $290 million to hire, train and house thousands of firefighters, $9 million to modernize the postal service, including establishment of ZIP codes.</p> <p>A Bush administration document, distributed to members of Congress and obtained by The Associated Press, goes far beyond the details officials have publicly provided for how they would spend the $20.3 billion they have requested for Iraqi reconstruction.</p>
  • AP Exclusive: Iraq money would hire firefighters, build children's hospital, create ZIP codes

    09/22/2003 4:26:04 PM PDT · by Brian S · 5 replies · 161+ views
    <p>The administration wants $100 million for an Iraqi witness protection program, $290 million to hire, train and house thousands of firefighters, $9 million to modernize the postal service, including establishment of ZIP codes.</p> <p>A Bush administration document, distributed to members of Congress and obtained by The Associated Press, goes far beyond the details officials have publicly provided for how they would spend the $20.3 billion they have requested for Iraqi reconstruction.</p>
  • U.S. Sees $2 Billion Extra Aid for Afghanistan

    09/18/2003 8:05:39 AM PDT · by Brian S · 1 replies · 122+ views
    Reuters ^ | 09-18-03
    Thu September 18, 2003 10:09 AM ET By Glenn Somerville KABUL (Reuters) - U.S. Treasury Secretary John Snow said on Thursday he hoped Afghanistan would receive around $2 billion in extra aid, warning that failure to rebuild the war-ravaged country "cannot be an option." On a lightning visit to Kabul, where he met senior officials including President Hamid Karzai, Snow said the United States had pledged around $1 billion in extra donations, and that the amount should be matched by the rest of the world. "The U.S. has talked in terms of a billion dollars and we've said we want...
  • United States pays Thailand US$10m. bounty

    09/17/2003 8:52:44 PM PDT · by maui_hawaii · 12 replies · 200+ views
    The United States has paid Thailand a bounty of 10 million dollars for its capture of Asia's most wanted man Hambali, Thai Prime Minister Thaksin Shinawatra said yesterday. "We have received 10 million dollars. Part of the money will be distributed to officers involved in the operation, the rest will fund foundations to oversee the welfare of officers injured in the line of duty," the premier said. Thaksin said security agencies involved in the capture of Asia's top terrorist suspect will receive fair shares of the bounty. "Don't worry, the United States has specified which agencies worked with them and...
  • US dollar strength to prove temporary

    08/28/2003 11:13:57 AM PDT · by Willie Green · 14 replies · 206+ views
    AME Info ^ | Thursday, August 28 - 2003 | Daniel Hanna
    For education and discussion only. Not for commercial use.Standard Chartered Bank argues that the strength of the US dollar is a temporary phenomenon in an article by economist Daniel Hanna in the Middle East Standard. The US dollar is making a comeback. But the key question is whether this is a temporary phenomenon or the beginning of a new bullish trend for the dollar. We believe it will be temporary, lasting for a couple of months and may leave EUR/USD vulnerable to test 1.07 in this period. The reason for our revised view from (EUR/USD 1.15 end Q3) rests with...
  • Detective says Hambali sent funds to bomb Indonesia

    08/19/2003 1:05:57 PM PDT · by knighthawk · 3 replies · 219+ views
    BBC Monitoring ^ | August 19 2003 | Dian Intannia
    Jakarta: Hambali is known to have sent funds totalling 45,000 US dollars to "bomb" Indonesia through a Malaysian national given the alias Li-Li. It is now being analysed to find out if this money was used for the Marriott bombing. This was announced by Indonesia's senior detective Commissioner General Erwin Mappasang at a press conference in Jakarta police headquarters today (Tuesday 19 August). "The police are still investigating whether or not Hambali played a role in the Marriott bombing because it is certainly known that a Malaysian citizen arrested in Thailand under the alias Li-Li was sent 45,000 US dollars...
  • Europe pines for big-spending US tourists

    08/17/2003 10:37:43 PM PDT · by Pikamax · 53 replies · 428+ views
    CSmonitor ^ | 08/18/03 | Terrence Murray in Paris and Cheryl Heckler in Pisa
    Europe pines for big-spending US tourists By Mark Rice-Oxley | Special to the Christian Science Monitor LONDON - Down at Westminster Pier, where the river cruisers come and go in the unusually hot August sunshine, a chatter of languages floats ashore on a merciful breeze. French, Arabic, Hindi, Russian, Spanish. Tourism, it seems, is alive once more. But one tongue is barely heard. That instantly recognizable American accent, usually so audible in tourist spots around European capitals, is all but silent. It's not that the US contingent is unusually quiet. It's that it is barely present. "My son was just...
  • Troops offer cash for information

    08/15/2003 7:16:16 PM PDT · by saquin · 204+ views
    Stars and Stripes ^ | 8/16/03 | Scott Schonauer
    BAGHDAD, Iraq — A little baksheesh can go a long way in Iraq. At least, that is what U.S. military commanders hunting for Saddam Hussein and his loyalists are hoping. American troops began this month handing out rewards (such “tips” are known in Arabic as baksheesh) to anyone who gives them credible information on the whereabouts of the fugitive former Iraqi leader or any of his elusive supporters. With unemployment in Iraq around 70 percent, soldiers are turning to an incentive that has been successful since Mesopotamians settled on the Tigris and Euphrates rivers thousands of years ago. “The hope...
  • Dollar Strengthens Against Euro as U.S. Growth Outpaces European Economies

    08/08/2003 10:14:51 AM PDT · by Pikamax · 3 replies · 141+ views
    Bloomberg ^ | 08/08/03 | bloomberg
    <p>Dollar Gains Against Euro as Leading European Economies Stall Aug. 8 (Bloomberg) -- The dollar had its biggest gain in a week against the euro on optimism economic recovery in the U.S. will outpace growth in Europe, boosting demand for dollar- denominated assets.</p>
  • Mickey Mouse penniless in France

    08/07/2003 8:08:42 PM PDT · by Cultural Jihad · 40 replies · 408+ views
    SFGate ^ | August 7, 2003 | Edward M. Gomez
    <p>"Mickey [Mouse] hasn't got a cent," Libération, France's left-leaning daily, announced. "Mickey's little Parisian world isn't smiling," Belgium's Derniére Heure somberly reported.</p> <p>"The worldwide crisis in tourism, the European economic slowdown, the trauma [associated with] Sept. 11 -- for [Euro Disney's] management, those are the principal reasons for its setbacks," reported La Libre Belgique, echoing other business assessments. But "the real problem," an analyst for a leading French labor union explained, "is [Euro Disney's] financial base, the structure of the company itself. [It] is in too much debt." (AFP/La Croix) He added that there has been "a weakening of the product." The analyst said, "André Lacroix talks to us nonstop about marketing, but because there's no budget, there aren't enough new attractions, and people don't come back."</p>
  • The Yanks Aren't Coming: American Tourists Staying Away From Europe

    08/07/2003 11:11:37 AM PDT · by ellery · 38 replies · 416+ views
    Associated Press ^ | 08-07-03 | Kim Housego
    PARIS (AP) - From luxury hotels on the French Riviera to Viennese cafes and the double-decker buses of London, American tourists have deserted Europe en masse. The reasons for the drop in U.S. visitors include a weak dollar, post-Sept. 11, 2001 fears of terrorism and the diplomatic dispute with some European countries over the Iraq war. In France, the absence of Americans is headline news. Le Monde newspaper summed up it up in a front-page cartoon that shows two French vacationers reclining under a palm tree. "Let's not exaggerate! I spotted an American," one of them tells his friend. "Lance...
  • American Tourists Deserting Europe

    08/07/2003 4:16:58 AM PDT · by kattracks · 16 replies · 257+ views
    AP | 8/07/03
    The Associated Press PARIS Aug. 7 — From luxury hotels on the French Riviera to Viennese cafes and the double-decker buses of London, American tourists have deserted Europe en masse.The reasons for the drop in U.S. visitors include a weak dollar, post-Sept. 11, 2001 fears of terrorism and the diplomatic dispute with some European countries over the Iraq war. In France, the absence of Americans is headline news. Le Monde newspaper summed up it up in a front-page cartoon that shows two French vacationers reclining under a palm tree."Let's not exaggerate! I spotted an American," one of them tells...
  • Afghanistan welcomes new billion-dollar US aid

    08/04/2003 4:47:42 PM PDT · by Brian S · 4 replies · 159+ views
    AFP ^ | 08-04-03
    KABUL, Aug 4 (AFP) - Afghan Foreign Minister Abdullah Abdullah Monday welcomed a new one-billion-dollar aid package from the United States and hoped other countries would follow suit. "It is very good news for the people of Afghanistan and is in fact news awaited," Abdullah told reporters at a press conference. "While we remain grateful to the international community as a whole for their generous contributions in the past 20 months, it was very obvious that a new mood was needed, a new effort was needed in that line," he said. "We hope that the international community, the donors, friends...
  • UN Envoy Angry With Americans Over Aids Money

    08/04/2003 8:00:16 AM PDT · by dead · 16 replies · 190+ views
    The Monitor (Kampala) ^ | August 1, 2003 | Nabusayi L. Wamboka
    Kampala The UN special envoy on HIV/Aids in Africa, Mr Stephen Lewis, is angry with the United States for spending money on wars while abandoning the millions of people dying of Aids. "You want money to fight war in Afghanistan, it is there. You want money to fight a war in Iraq, it is there. You want money to rescue people in Africa, it is never there. And that is what Graca and I want to work on collectively with you," Lewis told his audience at Hotel Brovad in Masaka town yesterday. He was speaking to district and community leaders...
  • Americans avoid France in droves, Parisians can't believe it

    08/02/2003 11:07:08 AM PDT · by jmcclain19 · 60 replies · 958+ views
    Telegraph ^ | 08/01/03 | jmcclain19
    American Tourists are announcing their displeasure to the French attitude towards the US in a different way this summer, with their pocketbooks. The Telegraph, a British news agency, is reporting that American visits this tourist season are down 50 percent from last year, while British visits are down 10 percent. This has to just chap the hide of the angriest of the anti-war crowd. As the US contributes billions to the French economy each year. And those aren't spent just by the strongest supporters of the Iraqi War. Perhaps this is also why in a recent NBC/Wall Street Journal Poll...
  • Disaster for tourism as US visitors shun Paris

    07/31/2003 6:26:09 PM PDT · by ijcr · 117 replies · 376+ views
    The Daily Telegraph ^ | 01/08/2003 | Henry Samuel
    Millions of foreign tourists are shunning France this summer, costing the country billions of pounds and threatening its position as the world's favourite destination. Travel agents say there is widespread evidence that the tourist industry is suffering as a result of President Jacques Chirac's vehement stand against the war in Iraq. The strong euro has added to the crisis. According to the president of France's travel agents' union, Cesar Balderacchi, bookings from the United States in the past six months were 50 per cent down on last year, with no sign of improvement as the tourist season reaches its peak....
  • The Yanks Aren't Coming

    07/31/2003 6:30:22 AM PDT · by TroutStalker · 27 replies · 172+ views
    The Wall Street Journal ^ | Thursday, July 31, 2003
    <p>The nation of haute cuisine, insolent waiters and all-around haughtiness wants the sneaker-wearing, loud-mouthed, empire-building Americans back. Badly. Yes, the French apparently miss us.</p> <p>More to the point, the French miss U.S. dollars. Americans accounted for just 5% of visitors to France last year but were responsible for 15% of all tourist spending. The French tourism ministry puts the decline in American visitors at 30% in the first five months of this year, and blames a weak dollar and edginess about trans-Atlantic travel after 9/11.</p>
  • U.S. Changes Tactics in Violent Iraq City

    07/31/2003 12:01:05 AM PDT · by JohnHuang2 · 9 replies · 222+ views
    Associated Press | Thursday, July 31, 2003 | By HAMZA HENDAWI
    U.S. Changes Tactics in Violent Iraq City By HAMZA HENDAWI .c The Associated Press FALLUJAH, Iraq (AP) - Faced with sporadic attacks, the U.S. Army has come up with some unorthodox policies to placate Fallujah - handing over security to the locals, compensating people for homes damaged in raids and paying blood money to the families of American-inflicted casualties. Thanks to the experiment, Fallujah, a conservative and deeply tribal Sunni Muslim city of 200,000 people, is no longer the dangerous place it was for U.S. soldiers as recently as mid-July. But anger remains strong. ``We will fight them to the...
  • U.S. military uses unorthodox tactics to woo violent Iraqi city

    07/30/2003 5:05:29 PM PDT · by Shermy · 21 replies · 200+ views
    AP ^ | July 30, 2003 | Hamza Hendawi
    FALLUJAH, Iraq (AP) Faced with sporadic attacks, the U.S. Army has come up with some unorthodox policies to placate Fallujah handing over security to the locals, compensating people for homes damaged in raids and paying blood money to the families of American-inflicted casualties. Thanks to the experiment, Fallujah, a conservative and deeply tribal Sunni Muslim city of 200,000 people, is no longer the dangerous place it was for U.S. soldiers as recently as mid-July. But anger remains strong. ``We will fight them to the death if they keep humiliating us,'' said Farhan Siyam al-Jomaili, a local clan chief. Much like...
  • 'Former Iraqi diplomats buying support for Saddam' (the stolen 3 million)

    07/30/2003 2:30:50 PM PDT · by knighthawk · 5 replies · 350+ views
    The Times of India ^ | July 30 2003
    MOSCOW: A senior Russian lawmaker on Wednesday said he suspected that US$3 million dollars stolen from the Iraqi Embassy in Moscow was intended to bribe Russian politicians in exchange for support of Saddam Hussein's regime. Dmitry Rogozin, chairman of the foreign affairs committee in Russia's lower house of parliament, told the Interfax news agency that embassies never keep such large sums of money on hand. "My theory is that this enormous sum was intended for political reasons, possibly for bribing Russian officials and politicians in an attempt to secure their support for the toppled Saddam Hussein regime," Rogozin said. Rogozin...
  • Nigeria demands more US cash to end Liberian war (&%#$@ You!)

    07/29/2003 5:11:34 PM PDT · by Pubbie · 18 replies · 178+ views
    The Daily Telegraph ^ | 30/07/2003 | Tim Butch
    Nigeria said yesterday that it would not send troops to end the fighting in Liberia unless the West offered more cash. As fighting continued to rage in Monrovia, the Liberian capital and Buchanan, the second city, despite rebels declaring a ceasefire, the Nigerians said they needed more than the £7 million offered so far by Washington to help end the clashes. "We made it clear we needed assistance in their deployment, in terms of logistics, in terms of funding," said Oluyemi Adeniji, the Nigerian foreign minister. "All the cards are not in Nigeria's hands." Nigeria had volunteered to deploy 1,500...
  • US tourists take France off menu; up to 80% dropoff in tourists.

    07/28/2003 10:25:54 PM PDT · by Pikamax · 24 replies · 212+ views
    Scotsman ^ | 07/29/03 | SUSAN BELLIN PARIS
    US tourists take France off menu SUSAN BELLIN PARIS AMERICAN anger over the French stand against the war in Iraq has led them to boycott France in huge numbers. The president of the French travel agents’ union has estimated the number of American visitors plunged by up to 80 per cent in the first half of 2003 compared to the same period in 2002, when some four million US tourists came to France. César Balderacchi’s calculation was far more gloomy than that of the French ministry of tourism, which says numbers fell by 30 per cent in the first three...
  • French tourism counts cost as Americans stay away

    07/28/2003 3:43:25 PM PDT · by Pokey78 · 19 replies · 230+ views
    The Independent (U.K.) ^ | 07/29/03 | John Lichfield
    The telephone background music at the federation of French tourist offices yesterday was "Georgia on My Mind". Who said that France was anti-American? A lot of people did - over and over again - before and during and after the Iraq war. As a result, it appears that many fewer Americans, from Georgia or any other state, have France on their mind this summer. The official figure - American visits down 30 per cent - does not tell the whole story. The union of French travel agents suggests that American tourism has fallen by 80 per cent this year. An...
  • Americans aren't ugly as tourists anymore

    07/28/2003 7:55:28 AM PDT · by dead · 83 replies · 287+ views
    NJO ^ | Sunday, July 6, 2003 | JILL SCHENSUL
    It's nice to feel wanted. And American travelers can bask in that feeling right now. Because all across the globe, there are people who want us. Really want us. Yes, we Americans, we normally "ugly Americans," are looking très attractive to countries that have, for one reason or another, been suffering from our dearth of visits. Could we ever have imagined, six months ago, the French wanting to celebrate our Independence Day? It's true. The four-star Victoria Palace Hotel in Paris was offering a free night for American visitors on July 4. "This is the hotel's way of saying that...
  • Dubai Customs to inspect all bank note shipments - attempt foiled to bring in counterfeit $5Mil US

    07/09/2003 9:34:57 PM PDT · by chance33_98 · 4 replies · 162+ views
    Dubai Customs to inspect all bank note shipments His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Emirates Group, has signed an agreement, on behalf of Transguard, with the Dubai Ports, Customs and Free Zone Corporation under which Transguard will carry out the inspection of all shipments of bank notes into and out of Dubai. Sheikh Ahmed presents Sultan bin Sulayem with a gift following the signing of the agreement between Dubai Customs and Transguard. Recent attempts to import counterfeit bank notes into Dubai have resulted in a requirement by Dubai Customs for all banknote shipments, either...
  • Dollar May Gain on Outlook for U.S. Economy, Survey Indicates

    07/06/2003 4:02:40 PM PDT · by Pikamax · 111+ views
    Bloomberg ^ | 07/07/03 | bloomberg
    <p>Dollar May Gain on Outlook for U.S. Economy, Survey Indicates July 7 (Bloomberg) -- The dollar may extend its 2 percent gain against the euro in the past month on optimism U.S. economic growth will accelerate and spur demand for stocks and other assets, according to a Bloomberg News survey.</p>
  • Weaker dollar may boost Bush re-election prospects

    07/06/2003 11:22:45 AM PDT · by fightinJAG · 4 replies · 153+ views
    Forbes.com ^ | July 6, 2003 | Daniel Bases
    Weaker dollar may boost Bush re-election prospects Reuters, 07.06.03, 11:47 AM ET By Daniel Bases NEW YORK, July 6 (Reuters) - George W. Bush won the 2000 U.S. presidential election by a razor thin margin and some economists reckon that a weakened dollar could put him back in the White House in 2004 with a comfortable victory. On the surface, a weak dollar may not seem very relevant to Bush's re-election, but in the five Midwest states where Bush lost by slim margins to Al Gore it could make a huge difference when Americans go to the polls in 15...
  • $20 bill comes with instructions

    07/04/2003 4:36:13 AM PDT · by sarcasm · 14 replies · 113+ views
    AP ^ | July 4, 2003
    Washington- The nation's paper-money experts plan to meet with gaming and banking employees in Las Vegas to help educate them about the new $20 bill, which is expected to go into circulation later this year. Officials from the Bureau of Engraving and Printing, the Federal Reserve and the Secret Service will hold a seminar July 15, kicking off a series of events. Government officials say that educating people about their currency - especially those who handle money - is one of the best ways to stem the circulation of counterfeit notes. The new bill will sport some extra color and...
  • Found: Saddam's $12.5m cash crop (patrol finds buried box of cash, w/ Saddam's 1st wife's ID)

    06/20/2003 9:52:18 AM PDT · by dead · 12 replies · 195+ views
    Sydney Morning Herald ^ | June 21 2003 | Peter Foster in Tikrit
    On his current pay grade, Captain Brad Boyd would need to work for 209 years and seven months to earn the stack of $US100 bills piled on the table in front of him. "It sure is a big stash of money," Captain Boyd said as he told how $US12.5 million ($18.6 million) came to be sitting on a sideboard in the presidential palace in Saddam Hussein's home town, Tikrit. His patrol, surviving on four hours' sleep a night and attacked by rockets that night, was too tired to get excited by two farmhouses a few kilometres south-east of Tikrit. Within...
  • China has to allow the yuan to rise

    06/20/2003 6:29:12 AM PDT · by Enemy Of The State · 3 replies · 253+ views
    Taipei Times ^ | 6.21.03 | Tung Chen-yuan
    China has to allow the yuan to riseBy Tung Chen-yuanFriday, Jun 20, 2003,Page 8 China attended a G8 summit for the first time earlier this month. This not only indicates that the international community acknowledges China's achievements in economic development, but also implies that Beijing will have to shoulder more responsibilities for the world's economy. The appreciation of China's yuan might become its admission ticket into G8. Because the yuan has been pegged to the US dollar at US$1 to 8.28 yuan and the dollar began to depreciate last year, the yuan has followed suit and devaluated against other currencies....
  • NEWS RELEASE: 41D Soldiers Seize Cash,Valuables In Kikrit[Close to finding Hussein and Sons?]

    06/19/2003 8:09:30 PM PDT · by Lady In Blue · 8 replies · 231+ views
    CENTCOM ^ | June 19, 2003 | CENTCOM
    NEWS RELEASEHEADQUARTERS UNITED STATES CENTRAL COMMAND 7115 South Boundary Boulevard MacDill AFB, Fla. 33621-5101 Phone: (813) 827-5894; FAX: (813) 827-2211; DSN 651-5894 June 19, 2003Release Number: 03-06-67 FOR IMMEDIATE RELEASE 4ID SOLDIERS SEIZE CASH, VALUABLES IN TIKRIT FARM HOUSES TIKRIT, Iraq – Fourth Infantry Division soldiers conducted two raids June 18 at separate farm houses outside of Tikrit, seizing $8 million (U.S.), millions of Iraqi dinar, a large sum of British pounds, British Sterling and Euro still waiting to be counted by Coalition Forces. Other items seized in the raid were expensive jewels and gems with an estimated value...
  • ALLIES SEIZE MILLIONS IN 'BOUNTY' MONEY

    06/19/2003 2:54:10 AM PDT · by kattracks · 10 replies · 249+ views
    New York Post ^ | 6/19/03 | Post Wire Services
    <p>June 19, 2003 -- BAGHDAD, Iraq - U.S. troops raided two farmhouses near Tikrit north of Baghdad yesterday and seized millions of American dollars, British pounds, euros and Iraqi dinars apparently designated, in part, to pay bounties to kill American soldiers, a senior U.S. general said.</p>