WSJ /
Poland has announced a plan to convert euros to zlotys...in the open market.
Authorities there hope that a stronger currency might tighten monetary policy.
They feared that a relatively weak zloty would raise inflation while they believe the zloty is still cheap.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- RUSSIA : 14 March UPDATE: Court Refuses To Release 2 Punk Rockers; Orthodox Church Calls Singers...'Sinners.'
- ITALY / BELGIUM / EUROZONE : Ouch! Roma Forced To Pay 7.814% On 2 Yr; S/P Downgrades Belgium.
- EUROZONE / GERMANY / GREECE : Athens' Go Slow Mode...Exasperates Merkel.
- PERU: Mine Opponents Feel Betrayed After Humala Declares State Of Emergency In 4 Provinces Over Conga Mine Protests.
- BRASIL: Piranhas Attacking Tourists In Mato Grosso River Beach.
- ITALY / VATICAN : Benetton's Pope Kissing Ad Shocks Vatican; Legal Action Threatened.
- CUBA / BRASIL : Castro Allows Odebrecht...To Upgrade/Run Cienfuegos Sugar Mill For 13 Years.
- MEXICO : 09 May UPDATE: Gas Tanker Explodes On Ecatepec Highway, Killing 24, Injuring 36.
- MUSIC FOR MONDAY: Os Ritmistas Serenade Brasil Of The 60's.