Monday, August 22, 2011

Gates of Vienna News Feed 8/22/2011

Gates of Vienna News Feed 8/22/2011Reports of the capture of Saif Al-Islam Qaddafi were apparently premature, since the son of beleaguered Libyan dictator Muamar Ghedafi appeared with an armed entourage at a hotel in Tripoli, where he was taped and photographed.

The Libyan dinar is expected to be withdrawn from circulation at any moment, and Arab businessmen are flocking to Cairo with suitcases of Libyan currency notes, which they hope to sell to their Libyan counterparts before it is too late.

In other news, after bouncing back and forth today, the stock market settled down at the close of trading slightly above its starting value, ending a major slide. American bank stocks were down, however, apparently in reaction to the continuing debt crisis in the Eurozone and the ECB.

To see the headlines and the articles, open the full news post.

Thanks to Diana West, Gaia, Insubria, JP, KGS, Nilk, Srdja Trifkovic, and all the other tipsters who sent these in.

Commenters are advised to leave their comments at this post (rather than with the news articles) so that they are more easily accessible.

Caveat: Articles in the news feed are posted “as is”. Gates of Vienna cannot vouch for the authenticity or accuracy of the contents of any individual item posted here. We check each entry to make sure it is relatively interesting, not patently offensive, and at least superficially plausible. The link to the original is included with each item’s title. Further research and verification are left to the reader.