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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (11790)	9/14/2004 1:52:28 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Minyanville reported that German investor confidence dropped to the lowest level in 15 months from 45.3 to 38.4 in September as concern over higher energy prices weighed on growth and unemployment took its toll in Europe's largest economy.

To: NOW who wrote (11790)	9/14/2004 1:53:41 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

I guess for the next 50 years at least, Russia should have enough of natural resources for themselves, so no need to join the "fight" for resources<g> and unless its security improves, I think most of investors will shun away.

To: NOW who wrote (11790)	9/14/2004 1:56:06 PM
From: mishedlo	Respond to of 116555

Bloomberg reports that the Saudi Arabian OPEC minister told reporters "there is no shortage in the market" and "our customers are getting everything they want".

To: NOW who wrote (11790)	9/14/2004 2:08:40 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Putin plans to eliminate direct election of governors Putin's plans include a proposal to end the direct election of regional governors. Instead, regional assemblies will elect candidates nominated by the president. Putin has also proposed doing away with first-past-the-post elections to the Duma, the lower house of parliament, so that delegates are elected only on the basis of party lists. The proposals have received support from Russia's political establishment. [not sure what to make of this for market interest but here you go. - mish] rferl.org