Investors will next turn their attention to other central bank decisions this week. The U.S. Federal Reserve concludes its policy meeting on Wednesday and the Bank of England is seen raising interest rates on Thursday. The British pound held at $1.3126, drifting higher from a more than 10-month trough of $1.2955 touched earlier in July.
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Like the iPhone, the G1 was controlled by a touch screen, but unlike the iPhone, it had a physical keyboard rather than a virtual one on the screen. The G1 was initially available only from T-Mobile in Europe and in the U.S., where it initially cost $179 with a two-year cell-phone contract, slightly less than the iPhone.
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Meanwhile, the genie is out of the bottle: Mr. Obama’s December 1 strategy never intended to focus on a U.S. withdrawal plan. The plain-speaking U.S. envoy Richard Holbrooke said on December 7 that Mr. Obama’s mind was being widely misinterpreted, in particular the mid-2011 date in his strategy speech six weeks ago.
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