Dollar Whacked Down to Near 15-Year Low vs. Sterling

November 29th, 2006

Via Telegraph:

The dollar tumbled to a near a 15-year low against sterling yesterday on fresh signs of economic trouble in the United States.

An 8.3pc crash in US industrial orders and an admission by the Federal Reserve chairman that Washington does not know how bad housing really is set off another day of wild gyrations on the currency markets.

Posted in Economy | Top Of Page

One Response to “Dollar Whacked Down to Near 15-Year Low vs. Sterling”

  1. west says:
    November 29, 2006 at 3:37 am

    THe first shots of a phase-out of Ham radio access?
    The article doesnt mention public-access Ham radio frequencies. The lifeblood of rural information systems. the internet is nice… but if you lose Ham, you’re really on your own.

    http://www.redherring.com/Article.aspx?a=19897&hed=Brits+Mull+Radio%E2%80%99s+End

    Brits Mull Radio’s End

    UK regulator considers shutting off AM and FM radio and using spectrum for mobile TV.
    November 27, 2006

    Neither television nor the movies could do it, but regulators in the United Kingdom are considering the end of AM and FM radio on the grounds that they have both outlived their usefulness, and digital services could make better use of the spectrum occupied by both bands.

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