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To: Box-By-The-Riviera™ who wrote (240123)	5/12/2003 3:35:13 AM
From: Tom Smith	Read Replies (1) \| Respond to of 436258

chaos-onomics.com Interestingly, while Britain and the US have been close allies in this conflict, ghosts of promises past still linger around PM Blair. Way back in the halcyon days of the Clinton administration when visions of a UN controlled world were the marching order of the day, Tony Blair held out hope of a swift British entry into EMU. Now, however, this move seems to be on, at least his back burner. However, some 300 economists, including Paul Volcker, the former head of the US central bank, Stanley Fischer, a former IMF managing director, and Nobel laureate Professor Robert Mundell, announced yesterday that; "With only days to go until the Government announces the results of [the] tests, it is clear that not only is the economic evidence overwhelmingly in favour of euro entry, so is the opinion of the economics profession." As you might imagine, British adoption of the Euro at this juncture might very well drive a stake in the heart of the US-British alliance, at least with respect to finance. Who knows, perhaps this is one motivating factor behind this rather rare event.