REUTERS VIA MINE WEBAn Indian financial newspaper report suggests that the country is considering buying the remainder of the IMF gold currently up for sale over and above the 200 tonnes it has already bought.SINGAPORE (Reuters) - India is open to buying more gold from the International Monetary Fund following its purchase of 200 tonnes earlier this month, the Financial Chronicle newspaper said on Wednesday, helping to drive gold prices to an all-time high.But India's central bank gove... Read Full Story
BBCGermany's top soldier has resigned over allegations of a cover-up related to a deadly Nato air strike in Afghanistan.Wolfgang Schneiderhan's move followed reports that key information about the 4 September action was withheld, the defence minister said.The strike, which was ordered by a German commander, targeted two fuel tankers hijacked by Taliban militants.But dozens of civilians were also killed in the attack, which happened in the northern province of Kunduz.Defence Minister Karl-Theo... Read Full Story
RIA NovostiIran will cut contacts with the UN nuclear watchdog if it passes a resolution condemning its uranium activities, the country's ambassador to the IAEA said on Thursday.The International Atomic Energy Agency is to vote on a draft resolution reflecting concerns about Tehran's second uranium enrichment facility - disclosed in September - and its reluctance to agree to the UN-brokered compromise on nuclear fuel for its power plants. The vote is expected to take place before the weekend.... Read Full Story
SA gold miners on final deathwatch as scientist finds gold reserves more than 90% less than claimed MINE WEBResearch shows that production rates should fall permanently below 100 tonnes a year within the coming decade
JOHANNESBURG - The apparent bottom line in a paper published in the South African Journal of Science is that South Africa's gold industry is on final deathwatch, despite claims of massive existing below-ground reserves. Chris Hartnady, research and technical director of Ca... Read Full Story
BBCRELATED: Once Booming Dubai Goes BustDubai - 'What The Hell Is Going On Over There?'Dubai: Another Ponzi Scheme CollapsesThe government-owned investment company behind Dubai's rapid development drive has asked its creditors for a six-month delay on repaying its debts.Dubai World, which has total debts of $59bn (£35bn), is asking creditors if it can postpone its forthcoming payments until May next year.Dubai World has also appointed global accountancy group Deloitte to help with its fi... Read Full Story
BLOOMBERGNov. 25 (Bloomberg) -- China tightened rules on individuals transferring yuan and foreign exchange between bank accounts after speculation the nation’s currency will strengthen caused a surge in capital inflows.An overseas individual or institution is not allowed to send foreign currencies to five or more Chinese individuals to convert it into the yuan on a single day or on consecutive days, the State Administration of Foreign Exchange said in a statement on its Web site today. Indiv... Read Full Story
BBCTrading on the London Stock Exchange (LSE) has been brought to a halt by technical difficulties.The LSE said it had been affected by connectivity issues and at 1033 GMT had placed all orders for shares into an "auction call period".This allows traders to put orders to buy or sell shares into the system but without executing them.The LSE said it was looking into the problem but did not know how long it would take to resolve.It added that when a solution was found, it would give investors a ... Read Full Story
HAARETZ - Jack Khoury, Amos Harel and Avi IssacharoffIsrael will release Fatah strongman Marwan Barghouti as part of a deal to secure the release of abducted Israeli soldier Gilad Shalit, the pan-Arab newspaper Al-Sharq al-Awsat quoted Palestinian sources as saying Thursday.Barghouti is currently serving five life sentences in Israel for his role in a series of deadly terrorist attacks during the second intifada.According to the report, Israel will also release Ahmad Sadat, a leader of the Po... Read Full Story
Historic
settlement forces D.C. to pay $13.7 million to mistreated World Bank,
IMF protestersClimategate:
'Greatest scandal in modern science' shatters idea of 'Anthropogenic
(Man-made) Global Warming'IMF
grows third world lending scheme to $600 billion (someone please explain
to me how and where that money comes from?)FDIC
insurance fund closes quarter $8.2 billion in debt
Read Full Story
