Archive for December, 2006

Saddam Hussein executed in Baghdad (AFP)

December 30th, 2006 at 06:02am Under Iraqi Dinar News


A video grab taken from al-Iraqiya television shows ousted Iraq president Saddam Hussein moments before being hanged in Baghdad. Saddam was hanged inside one of his former torture centres in the final act of a brutal 30-year tragedy that left the stage strewn with tens of thousands of corpses.(AFP/Al Iraqyia TV)AFP - Ousted Iraqi despot Saddam Hussein has been hanged inside one of his former torture centres in the final act of a brutal 30-year tragedy that left the stage strewn with tens of thousands of corpses.


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Execution prompts joy, martyrdom claims (AP)

December 30th, 2006 at 05:58am Under Iraqi Dinar News

Iraqis take to the streets and celebrate after hearing news of former Iraqi president Saddam Hussein's execution in Basra, 550 kilometers (340 miles) southeast of Baghdad, Iraq, Saturday, Dec. 30, 2006. Saddam Hussein went to the gallows before sunrise Saturday, executed by vengeful countrymen after a quarter-century of remorseless brutality that killed countless thousands and led Iraq into disastrous wars against the United States and Iran. (AP Photo/Nabil al-Jurani)AP - His enemies rejoiced, his defenders proclaimed him a martyr, and others looked ahead to the impact the Saturday execution of deposed Iraqi leader Saddam Hussein would have on Iraq.


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Car bomb kills 31 in Shiite Iraqi city (AFP)

December 30th, 2006 at 05:57am Under Iraqi Dinar News

Iraqis crowd around a car damaged by a nearby car bomb. At least 31 people have been killed when the car bomb exploded in a fish market in the central Iraqi Shiite city of Kufa just hours after the execution of ousted dictator Saddam Hussein.(AFP/Qassem Zein )AFP - At least 31 people have been killed when a car bomb exploded in a fish market in the central Iraqi Shiite city of Kufa just hours after the execution of ousted dictator Saddam Hussein.


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Pound Sees Mixed Trading Against Yen (Nasdaq)

December 29th, 2006 at 03:39pm Under Iraqi Dinar News

(RTTNews) - Meanwhile, the sterling saw mixed trading during Friday’s action against the yen. After drifting up in the first few hours, the cable slipped to a mark of 233.11. However, the British currency was able to gain back some of its losses and rose on into the afternoon.

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Chinese Currency RMB At A Record High Against U.S. Dollar (Nasdaq)

December 29th, 2006 at 12:23pm Under Iraqi Dinar News

(RTTNews) - Friday, the value of Chinese currency - RMB reached a record high against the U.S. dollar at 7.8087 yuan to a dollar, according to the China Foreign Exchange Trading Center in Shanghai.

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Taiwan Earthquake Disrupts Virtual Currency Market (Slashdot)

December 29th, 2006 at 10:46am Under Iraqi Dinar News

miller60 writes “Telecommunications outages from Tuesday’s earthquake in near Taiwan have disrupted the market for virtual currency from MMORPGs, with market leader IGE and other major online sellers reporting inventory and delivery problems. The market for the real money trading of game assets is highly dependent upon suppliers operating ‘gold farms’ in China and other Asian countries. With …

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Dollar Edges Higher Against Yen And Pound, Despite Uncertain Trading (Nasdaq)

December 29th, 2006 at 10:37am Under Iraqi Dinar News

(RTTNews) - Uncertainty dominated most of the dollar’s morning trading on Friday. However, the U.S. currency was able to drift slightly higher against the pound and yen. There was no economic news to drive trading.

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Pound Trading Strong Against Swissy (Nasdaq)

December 29th, 2006 at 03:08am Under Iraqi Dinar News

(RTTNews) - The British Pound advanced smartly against Swiss franc during the Friday morning trade in New York. From a support of 2.3960 tested earlier, the British currency advanced steadily against its Swiss counterpart fetching measured gains and as of 2:54 am ET, was trading at 2.3982.

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MICEX to conduct no currency trading (RosBusinessConsulting)

December 29th, 2006 at 03:04am Under Iraqi Dinar News

RBC, 29.12.2006, Moscow 10:05:38. The Moscow Interbank Currency Exchange will conduct no trading in the currency market section today on account of Christmas holidays today.

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Thai currency’s wild ride echoes ‘97 crisis (The Christian Science Monitor via Yahoo! News)

December 29th, 2006 at 03:00am Under Iraqi Dinar News

The last time global investors sat up and paid attention to the baht, Bill Clinton was in the White House and the Republicans were running Congress. The collapse of the Thai currency in July 1997 triggered a run on Asian markets that led to a biting recession in Asia and spread to Brazil and Russia.

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