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Signs of the Times for Fri, 05 May 2006

May 05, 2006
By Ron Scherer | Staff writer of The Christian Science Monitor
NEW YORK - For two weeks, the dollar has been hammered as foreign buyers shun the US currency.

As a result, the Canadian "loonie" is at its highest point in 30 years. The British pound is at its uppermost level since last September. Even the closely managed yen is at a six-month peak.

If the dollar were to continue falling, it could have wide ramifications:

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By Joshua Holland, AlterNet. Posted May 5, 2006.
When George W. Bush says that he wants to spread freedom to every corner of the earth, he means it.

But of course the president that turned Soviet-era gulags into secret CIA prisons in order to do God-knows-what to God-knows-whom isn't talking about individual freedom. He means corporate freedom -- freedom for the great multinationals to extract everything they can from the world's resources and labor without the hindrance of public interest laws, environmental regulations or worker protections.

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May.4,2006 21:11 KST
Korea, China and Japan have agreed to start joint research at government level on introducing an Asian single currency comparable to the euro. Finance Minister Han Duck-soo made the agreement with his Chinese counterpart Jin Renqing and Japan's Sadakazu Tanigaki on the sidelines of the 39th annual meeting of the Asian Development Bank in India.

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