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Date 08/08/2011
Statement By IMF Managing Director Christine Lagarde
Managing Director Christine Lagarde of the International Monetary Fund (IMF) made the following statement today:
“I welcome the statements from the European Central Bank, from the leaders of Germany and France as well as from the G7, and their renewed commitment to take all necessary action in a coordinated way to ensure stability and liquidity in the financial markets. This cooperation will contribute to maintaining confidence and spurring global economic growth."
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Date 07/08/2011
OCC Statement Regarding Treasury Securities Collateral Following The S&P Rating Change On U.S. Sovereign Debt - Valuations Will Remain The Same With No Current Plans To Change Haircuts
OCC said today it has no current plans to adjust its current valuations or haircuts on Treasury Securities used as collateral in light of the Standard & Poor’s rating change on U.S. sovereign debt.
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Date 07/08/2011
Statement By The President Of The European Central Bank
The Governing Council of the European Central Bank (ECB) welcomes the announcements made by the governments of Italy and Spain concerning new measures and reforms in the areas of fiscal and structural policies. The Governing Council considers a decisive and swift implementation by both governments as essential in order to substantially enhance the competitiveness and flexibility of their economies, and to rapidly reduce public deficits.
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Date 07/08/2011
Just The Facts: S&P's $2 Trillion Mistake - By: John Bellows, U.S. Treasury
In a document provided to Treasury on Friday afternoon, Standard and Poor’s (S&P) presented a judgment about the credit rating of the U.S. that was based on a $2 trillion mistake. After Treasury pointed out this error – a basic math error of significant consequence – S&P still chose to proceed with their flawed judgment by simply changing their principal rationale for their credit rating decision from an economic one to a political one.
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Date 07/08/2011
U.S. Treasury Statement From Assistant Secretary For Public Affairs Jenni Lecompte: Secretary Geithner’s Plans To Remain In His Post At The Treasury Department
U.S. Treasury Statement From Assistant Secretary For Public Affairs Jenni Lecompte: Secretary Geithner’s Plans To Remain In His Post At The Treasury Department.
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Date 07/08/2011
Dubai Gold & Commodities Exchange Weekly Market Commentary - August 7, 2011
Welcome to the Weekly Market Commentary from DGCX, providing you with a snapshot of what’s happening in the energy, precious metal and currency futures markets.
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Date 07/08/2011
The Egyptian Exchange (EGX) Monthly Statistical Report July 2011
Listing
Total number of listed companies on the main market amounted to 212 at the end of July 2011. Meanwhile, the number of listed companies on Nilex reached 18 at the end of July 2011.
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Date 07/08/2011
Dubai Gold & Commodities Exchange Monthly Update Newsletter - August 2011
In this issue:
- DGCX Commodity & Currency Prices in June
- Market Activity on DGCX in July 2011 and over last 12months
- DGCX News in Brief, including press coverage andupcoming industry events
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Date 07/08/2011
Dubai Gold & Commodities Exchange Scores A Daily Record Volume Of 35,796 Contracts On August 4
- The exchange traded 35,796 contracts worth US $ 1.91 billion on August 4
- Indian Rupee futures recorded the highest ever daily volume of 22,827 contracts, valued at US $1.02 billion
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Date 06/08/2011
Xinhua: After Historic Downgrade, U.S. Must Address Its Chronic Debt Problems
The days when the debt-ridden Uncle Sam could leisurely squander unlimited overseas borrowing appeared to be numbered as its triple A-credit rating was slashed by Standard & Poor's (S&P) for the first time on Friday.
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