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Gold/Mining/Energy : Euro Impact on Gold, USD ... -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (149)12/21/1998 9:49:00 PM
From: banco$  Respond to of 289
 
Yes indeed. We'll have to watch developments among these supranational organizations (notwithstanding the World Bank, WTO & IBRD lending institution). Ole's observation about the IMF/BIS should become more evident in the near future as these organizations receive greater press coverage.

The WTO appears to be a candidate for investment architecture in addition to trade, a huge expansion in its traditional role.



To: Broken_Clock who wrote (149)12/22/1998 1:28:00 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 289
 
Thx for the memories, Papaya.(g) And the kind words! BTW, if the nice person (was it Banco$ ???) who posted that wonderful URL to new FAT euro position paper (what was it...60 some pages?) in which Sir Rothschild wrote the preface to, would repost that link, I'd be eternally grateful.

I've lost my bookmark file and that was one of my treasured files marked for deeper reading!

Thanks!
O/49r



To: Broken_Clock who wrote (149)1/7/1999 9:53:00 PM
From: banco$  Read Replies (1) | Respond to of 289
 
IMF remarks on EMU and euro. What are they really saying, and will it exacerbate problems as its policies have elsewhere in the world?
Improving of the working of labor probably translates to a clamp down on employees such as advancement of non-union labor and wanton corporate deregulation - especially cross-border mobility, leaving workers behind. Reform is an upbeat sounding term often used to cloak a brutal scheme, in this case the cessation of social benefits programs. And lightening the burden of taxation for who; it's probably directed solely at corporations and not the general public. Collectively these proposals wrapped in the "job creation" cliche could tear at Western Europe.

"Improving the working of labor and product markets, reforming public spending programs and lightening the burden of taxation--these are the key to realizing Europe's full potential for lasting job creation and growth.
We at the IMF look forward to playing a full part in this process--in our surveillance of euro area policies and more generally in providing a forum in which the members of the euro area and their international partners can work together in the interest of a well functioning international monetary system--surely the key purpose of the IMF," Camdessus concluded."
imf.org