Trichet: Strong Dollar is Good for the Euro
European Central Bank President Jean-Claude Trichet says that a strongU.S. dollar is good for a bilateral relationship with the Euro. In aDow Jones Newswire interview, Trichet stressed that the independence ofall central banks of major economies, such as the Fed, is of extremeimportance for confidence — the key factor he believes has beenlacking since the financial crisis. For more on the global impact of the dollar, read this piece from WPR contributor Daniel McDowell.
McChrystal Brings the New Policy to Troops
General Stanley McChrystal brings the new Afghanistan policy toofficers on the ground in Kandahar. In his presentation, the topcommander in Afghanistan said “I think it’s the end of the beginning.”He then proceeded to lay out President Obama’s plan to add 30,000 moretroops and to focus efforts on southern Afghanistan. Al Jazeera’sClayton Swisher reports on McChrystal’s message to troops.
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