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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (5763)8/2/2007 1:58:08 AM
From: Broken_Clock  Respond to of 50746
 
Peak oil movie primer
oilcrashmovie.com



To: SliderOnTheBlack who wrote (5763)8/2/2007 7:26:28 AM
From: kaydee  Read Replies (1) | Respond to of 50746
 
SOTB, Thanks for sharing your opinions/thoughts, though at the end, sometimes I am not confident that I get it right...

In view of your comments yesterday, this news item looks interesting...

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ECB calls surprise press briefing
Thu, Aug 2 2007, 11:00 GMT
afxnews.com

LONDON (Thomson Financial) - The European Central Bank has called a last minute press conference to follow its interest rate announcement today.

The ECB had not been scheduled to address the press this month, but analysts do not believe this last minute media call implies that there will be a surprise interest rate rise.

"We still suspect that the Bank will keep the refi rate unchanged at 4.00 pct, but assume that the unplanned conference will be used by the ECB's head to say that the ECB is strongly vigilant and thus flag a 25 basis point hike at the September meeting," said Stuart Bennett, euro zone economist at Calyon.

The press conference will take place at 1230 BST following the rate announcement at 1145. However the briefing will be embargoed until 1330 GMT.

rachel.armstrong@thomson.com
rar/gp
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