IMF to auction nearly $100 million in gold
The International Monetary Fund plans a 780000 ounce gold sale valued around 98.8 million dollars as part of a four year program. Proceeds fund a low interest loan pool for the world’s poorest nations. Central banks cannot bid and the fund may reject low bids.
MENTIONED IN THIS ARTICLE
Monetary Group
Washington
The
International Monetary Fund
London
Food habits may ease cancer risk
Seventy years? No. American women may reduce breast cancer risk by dietary change, suggests UC San Diego chemist Dr. Gerhard N. Schrauzer. His seven years of research links higher selenium intake from fish cereals and some organ meats to prevention of breast cancer.
MENTIONED IN THIS ARTICLE
San Diego
UPI
University of California At
Gerhard N. Schrauzer
West German gambling boom replaces sex shops in risky shift
West Germany sees gambling gain momentum as slot machines and electronic games spread from casinos to homes. Lottery and casino revenue climb, with 13 casinos already and 11 more planned by year end. Over 20,000 players registered at a Hanover casino in its first month. The total gambling spend topped 10 billion marks last year, driven by savings, licensing, and recession recovery.
MENTIONED IN THIS ARTICLE
Hanover
Ludwig Liebs
Germany
der Spiegel
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