SCA has Moved
Stevens County Assembly has a new website at: www.StevensCountyAssembly.com. Republic Assembly (RepublicAssembly.com) will continue to be an education website; will now focus more on National issues. Whereas, the new Stevens County Assembly website (www.StevensCountyAssembly.com) will be more Stevens County and Washington orientated.
The US, Europe, Japan and the UK are jointly intervening in currency markets for the first time since 2000, on fears a crippled Japanese economy, on top of the political upheaval in the Middle East, could combine to derail the global recovery.
Currency traders in Tokyo and Singapore immediately began selling yen, which had surged to a record high against the dollar in the days after the earthquake.
The dollar rose to 81.82 yen after the intervention announcement. It had traded at 78.97 yen on Thursday afternoon after earlier hitting 76.53 yen — an all time low for the dollar and a record high for the yen. Britain said on Friday that the Bank of England had been selling yen as part of the co-ordinated G7 action.
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