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Showing posts from October, 2012

GATA | THE GATA DISPATCHES -October 31, 2012-: Iran requires bank approval for gold exports | will German gold clamor ignite gold's skyrocket? | German gold clamor shows distrust...:

Iran starts requiring central bank approval for gold exports Submitted by cpowell on 07:58AM ET Wednesday, October 31, 2012. Section: Daily Dispatches By Yeganeh Torbati Reuters Wednesday, October 31, 2012 http://uk.reuters.com/article/2012/10/31/uk-iran-gold-idUKBRE89U0T320121... DUBAI -- Iranians can no longer export gold without approval by the central bank, an official was quoted as saying on Wednesday, in a new effort by the government to restrict outflows of wealth. The move follows media reports on Tuesday that Iran had banned the export of some 50 basic goods, as the country moves to secure supplies of essential items in the face of tightening Western sanctions that have destabilised its currency, the rial. "The export of gold and coins without permission from the central bank has been banned," said customs official Mohammad Reza Naderi, according to the Mehr news agency. "According to law, (the export of) coins made from pre

The Economist | New Selected Articles -October 31, 2012-: Sandy, Ellroy and Byrne

Democracy in America: Devastating A near-perfect storm wreaks havoc on America's northeast read more » Prospero: Writing scandal A word with James Ellroy read more » Video: Wired for sound David Byrne on how music works watch » Johnson: What's in an epithet? Tracking casual homophobia read more » Babbage: Tweets by beat Seattle police turn to Twitter to spread news of their law-enforcement activities read more » Daily chart: Ashes to ashes How common is cremation? read more » Online debate: US economy Which candidate is better for the recovery? read more »

NYT Politics -October 31, 2012-: Christie and Obama Tour Storm-Ravaged Coast and Exchange Compliments .

    October 31, 2012 Politics   The Caucus Christie and Obama Tour Storm-Ravaged Coast and Exchange Compliments By MARK LANDLER and MICHAEL D. SHEAR Usually political foes, President Obama and Gov. Chris Christie had words of praise for each other after a joint view of New Jersey's battered coastline. Ohio Working Class May Offer Key to Obama's Re-election By JEFF ZELENY and DALIA SUSSMAN With the 18 electoral votes of Ohio seen by both sides as critical, President Obama's ability to prevent erosion among working-class voters may be his best path to winning a second term.  Document : Quinnipiac University/New York Times/CBS Poll on Swing States  Video : Two Ohio Women, Two Views How the Polls Were Conducted More Politics The Caucus Total Cost of Election Could Be $6 Billion By NICHOLAS CONFESSORE The presidential election would likely account for about $2.6 billion in total spending, i

NYT Global Update -October 31, 2012-: With City Struggling for Footing, Some Transit Is Restored

October 31, 2012 Global Update TOP NEWS With City Struggling for Footing, Some Transit Is Restored By JAMES BARRON New York officials said that limited service would be restored to the subways on Thursday and to two commuter rail lines - the Metro-North Railroad and the Long Island Rail Road - on Wednesday afternoon.  Graphic : Assessing Damage From Hurricane Sandy Interactive Feature: A Map of Readers' Photos | Submit Yours DealBook Stocks Little Changed as Market Reopens By MICHAEL J. DE LA MERCED The major stock indexes ended little changed in light trading on Wednesday as the market reopened after a two-day shutdown caused by Hurricane Sandy. Labor Report Due Friday on Schedule Bits Blog: Facebook Stock Continues Fall Iran Offers to Send Emergency Aid Team to Stricken New York By THOMAS ERDBRINK Iranian rescuers and aid workers are on standby to fly to New York City to provide assistance to those affected b

DealBook Afternoon Edition -October 31, 2012-: JPMorgan Sues Boss of Trader Who Lost Billions

Wednesday, October 31, 2012 TOP STORY JPMorgan Sues Boss of Trader Who Lost Billions JPMorgan is suing Javier Martin-Artajo, the manager who directly supervised Bruno Iksil, the so-called London Whale, according to a lawsuit made public on Wednesday. Mr. Iksil gained that now infamous moniker after reports emerged in April that he had built up an outsize position in an obscure corner of the credit markets. That position ultimately proved devastating for the bank, resulting in a $6.2 billion loss. The lawsuit, which was filed in a London court, did not disclose the details of JPMorgan's claims against Mr. Martin-Artajo, according to a person with knowledge of the complaint. DEALBOOK »   DEALBOOK HIGHLIGHTS Icahn Takes Stake and Netflix Shares Surge The billionaire investor Carl Icahn announced late Wednesday that his hedge fund, Icahn Capital, had acquired a roughly 10 percent stake in Netflix. DEALBOOK » Stocks Little Changed a