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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Seeker of Truth who wrote (55666)	11/6/2004 5:48:02 PM
From: RealMuLan	Respond to of 74559

I think Europeans, as well as Japan, may have more interest in keep the US dollar higher than Chinese, and that is why Japan bought so much US$ debt in the last 12 months. Although I am not sure how much EU bought. Last time I heard ME oil, which is the largest suppliers up till now for China, still takes only US$. And some people even speculated that one reason for this 2nd Iraqi war was because Saddam wanted to sell oil for Euro instead of US dollar. But I agree with you that China is being exploited by the US and Greenspan/green papers, and big US corporations as well as other multinational corporations. Hopefully, they can figure out a way to safely revalue Yuan.

To: Seeker of Truth who wrote (55666)	11/10/2004 4:00:05 AM
From: elmatador	Respond to of 74559

Itaú´s Jan-to-Sep profit grows 19.5% to R$ 2.74bn AE Brazil, Brazil - 19 hours ago São Paulo, 09 - Itaú Holding Financeira, Brazil´s second-biggest private-sector bank, had January-to-September net profits of R$ 2.74 billion ($1 = R$ 2.84 ... news.google.com