This week the federal government accused Ahmed Omar Abu Ali of plotting to kill George W. Bush. An American citizen, Mr. Abu Ali spent 20 months in a Saudi Arabian jail. He says he was tortured and that FBI agents watched his torture. Federal Judge John Bates said there is at least circumstantial evidence to […]
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Dumping Dollars
Wall Street suffered a one-day panic last week when a rumor floated that South Korea’s central bank was looking to dump some of its reserves of U.S. dollars. The Koreans quickly denied the rumor and order was restored, but you can’t blame Asian bankers for getting nervous. As of December 2004, Japan, China, Taiwan and […]