Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (17991)	4/14/2003 8:20:54 PM
From: sea_urchin	Read Replies (2) of 81463

>don't be surprised to see the Dow going up a few thousand points --- even though there's increasing unemployment, falling profits, massive debt, increasing foreign debt, etc etc news.ft.com >>>The overthrow of Saddam Hussein, Iraq's president, and the fall in oil prices should remove a large risk to the health of the world economy, according to the meeting of central bankers and finance ministers in Washington over the weekend. The meetings of the Group of Seven industrialised countries, the International Monetary Fund and the World Bank also reached agreement in principle for the bank and fund to begin work on rebuilding Iraq's economy, suggesting that a potentially damaging dispute over the legitimacy of Iraqi reconstruction had been defused. The G7 ministers said the tentative recovery should accelerate in the second half of the year with the return of consumer and business confidence. "Growth in most of our economies has been subdued though uncertainties have diminished," the G7 communiqué said.<<< All's well that ends well. In fact, they carry on almost like nothing ever happened. Business as usual.

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