Your forexlive.com ENewsletter

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• Wall Street Journal: Mitsubishi Suspends Australian Iron Ore Project
• France bans shipment of Gold, Silver and cash through the mail system
• UK’s Cameron to ask G8 to support crack down on aggressive tax avoidance
• BOJ to increase its purchases of J-Reits
• Facebook reveals US requests for data
• The gospel according to Sir Merv

Wall Street Journal: Mitsubishi Suspends Australian Iron Ore Project Posted: 15 Jun 2013 06:36 PM PDT $5.9bn Oakajee Port and Rail iron ore project in Western Australia state has been suspended Downturn in commodity prices cited Project had already been ‘scaled back’ in November The related Jack Hills mine to be placed in care and maintenance Mitsubishi Suspends Australian Iron Ore Project  (The Wall Street Journal is often gated, so if you're unable to access the article try a search of Google news using the headline) ADDED: Non-gated sources Miners still optimistic for Oakajee   Mitsubishi puts Australian iron ore project on hold

France bans shipment of Gold, Silver and cash through the mail system Posted: 15 Jun 2013 06:31 PM PDT In new legislation (enacted May 23rd) the French government has forbidden sending all forms of currency – coins,cash, and all forms of precious metals (coins, bars, and jewellery) by mail Please deposit your saving in a bank, where we can get at them if needed Link

UK’s Cameron to ask G8 to support crack down on aggressive tax avoidance Posted: 15 Jun 2013 03:02 AM PDT Ahead of the G8 meeting PM Cameron will today  press Britain’s overseas tax havens to sign up to an international transparency treaty.  Bermuda has already agreed  and the other countries are the British Virgin Islands, Cayman Islands, Gibralter,Anguilla, Montserrat, Turks & Calcois Island, and of course those closer to home Jersey, Guernsey and the Isle of Man. He will then ask G8  leaders, including Barack Obama and Angela Merkel, to sign up to a new set of core principles on tax on the second and final day of the summit, which opens in Northern Ireland on Monday. He reveals all in an interview with The Guardian today

BOJ to increase its purchases of J-Reits Posted: 15 Jun 2013 02:46 AM PDT According to the Nikkei business daily earlier today Without citing sources they said that the BOJ is now expected to continue purchasing J-REITs ( Japanese Real Investment Trusts ) so that the balance of the central bank’s holding at the end of the year will likely exceed the latest 140 billion yen estimate by up to 10 billion yen. Read more here courtesy of reuters

Facebook reveals US requests for data Posted: 15 Jun 2013 02:34 AM PDT Facebook has become the first US internet company to reveal the full extent of the official US govt demands for information on its users The FT carries the story here ( possibly gated) The Guardian has this

The gospel according to Sir Merv Posted: 15 Jun 2013 02:22 AM PDT The outgoing BOE governor gives his thoughts in an interview with the FT and talks about about exits, euro solutions and the 'audacity of pessimism” It may be gated but you can get it on a free subscription

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