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Europe
Euro Slides to 2-year Low on Concern Riots in France to Spread
2005-11-08
Posted by:phil_b

#8  Via Bros. Judd:

Warren Buffett's Berkshire Hathaway reduced a bet against the US dollar after losing more than $US900 million ($1.23 billion) from foreign currency investments this year.

Mr Buffett, who has said the US trade deficit would weaken the US dollar, cut his foreign-currency forward contracts to $US16.5 billion in September from $US21.5 billion in June, Berkshire said in a statement. The US dollar in July reached a 13-month high against a basket of six major currencies.

"To his credit, he reduced his exposure before the recent run-up of the dollar cost him more," said Tom Russo, a partner at Gardner Russo & Gardner in Lancaster, Pennsylvania.

Posted by: anonymous2u   2005-11-08 23:27  

#7  Damn, this whole rioting stuff must be a conspiracy, a conspiracy purposefully targeting my interests. Dark forces are at work against me, I can feel it in my bones. Now, if only my ennemies could come out in the open. Did they bug my phone, too?
Posted by: anonymous5089 2005-11-08 09:03


Right you are Mous... it's alien plunder. They are oozing out of the Kaaba during the hours of darkness.
Posted by: Besoeker   2005-11-08 14:55  

#6  LOL 5089!
Posted by: Shipman   2005-11-08 14:15  

#5  #3 LOL

I tell you doctor, honestly,

It seems like someone's after me.
Posted by: GK   2005-11-08 11:03  

#4  Does this mean that Ann Margaret's not coming?

/semi-obscure movie quote
Posted by: Raj   2005-11-08 09:39  

#3  Well, it certainly doesn't please me, I often buy in the USA using ebay or online shops, and this is putting a cramp on my coming Xmas buys.

Damn, this whole rioting stuff must be a conspiracy, a conspiracy purposefully targeting my interests. Dark forces are at work against me, I can feel it in my bones. Now, if only my ennemies could come out in the open. Did they bug my phone, too?
Posted by: anonymous5089   2005-11-08 09:03  

#2  it certainly pleases the German exporters, I suspect. They've been clobbered by the low dollar / high euro.
Posted by: lotp   2005-11-08 08:08  

#1  Heh, this is why they've allowed the rioting to continue, lol.
Posted by: .com   2005-11-08 03:22  

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