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December 15, 2016
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December 3, 2003
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September 19, 1973
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Approved For Release 2004/01/15 :CIA-RDP79T00975A025300020001-8 25X1 Top Secret Central Intelligence Bulletin 25X1 State Department review completed Top Secret c 19 September 1973 Approved For Release 2004/01/15 :CIA-RDP79T00975A025300020001-8 25X1 gpproved For Release 2004/01/15 :CIA-RDP79T00975A025300020001-8 Approved For Release 2004/01/15 :CIA-RDP79T00975A025300020001-8 Approved For Release 2004/01/15: CIA-RDP79T00975A025300020001-8 19 September 1973 Central Intelligence Bulletin CHILE: Junta begins effort to restructure economy. Page 1) ITdTERT1ATIOTdAL P4ONETARY DEVELOPMENTS : Revaluation o Dutch gu 1 er causes some uncertainty in money markets. (Page 3) FOR THE RECORD: (Page 5) 25X1 25X1 25X1 25X1 Approved For Release 2004/01/15: CIA-RDP79T00975A025300020001-8 Approved Four Release 2004/01/15: CIA-RDP79T009751p025300020001-8 CHILE: Attacks, on security farces. appear to be tapering off. Santiago and the provinces were quiet yesterday although arrests of extremists and raids in search of weapons have increased, accord- ing to radiobroadcasts. The regime now says that many of the 5,200 per- sons under arrest are innocent of any wrongdoing and will be freed after questioning. It claims the arrests were justified by the need to prevent the escape of those suspected of armed resistance or sabotage. The latter will be tried by military courts. According to junta President Pinochet, the courts will deal severely with foreigners who have killed Chileans. It is still unclear what the gov- ernment intends to do with the rest of the thousands of foreigners who are allegedly illegal residents. Foreign Minister Huerta has told the UN refugee com- mission that Chile will not send political refugees back to their own countries against their will. Some expulsions have already taken place, however. The junta is to begin its economic restructur- ing effort in earnest today, the first regular work- day since the coup. Government workers have been told that if they do not appear today they will lose their jobs. There may be absenteeism by the support- ers of the previous regime. Possibly in an effort to reduce potential labor problems, initial government plans for the state- owned sector of the economy may include turning over to the workers as much as 50-percent ownership of enterprises and selling the remainder to the public. Such a scheme could salvage a sense of participation for the workers. Companies taken over by the Al- lende government but not legally owned by the state reportedly will be returned to their owners. The junta appears to be coordinating its economic policy with private-sector interest groups. 19 Sep 73 Central Intelligence Bulletin 25X1 25X1 Approved For Release 2004/01/15: CIA-RDP79T00975A025300020001-8 25X1 gpproved For Release 2004/01/15 :CIA-RDP79T00975A025300020001-8 Approved For Release 2004/01/15 :CIA-RDP79T00975A025300020001-8 25X1 Approved For The Europear_ ~urreney Band, 19`73 Fervent Change From-.Central Rate The band's upper and lower limits are defiti- ed at any one time by whichever currencies have appreciated(or depreciated) rnost'and least relative to their central rates. 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 MAR APR MAY JUN JUL AUG SEPT 25X1 Approved For Release 2004/01/15 :CIA-RDP79T00975A025300020001-8 25X1 Approved For R lease 2004/01/15: CIA-RDP79T0097 A025300020001-8 INTERNATIONAL MONETARY DEVELOPMENTS: The re- valuation o t e Dutch guy der ast weekend reintro- duced some uncertainty into international money markets. The dollar weakened somewhat on Monday and Tues- day against the major European currencies. Traders shifted into marks and Belgian francs in anticipation that these currencies would appreciate--possibly even be revalued--in the wake of The Hague's decision. Selling pressure against the dollar generally has been heaviest when the mark is at the top of the European joint float band. The dollar, however, is significantl strop er than it was in Jul and early August, The dollar closed at over 2. 1 in Frankfurt yesterday. The renewed strength of the German and Belgian currencies required increased intervention by major European central banks to maintain the European joint float. The French and Norwegian central banks, whose currencies are now at the bottom of the float, are selling the strong currencies According to some dealers, the Bank of France sold over $100 million worth of strong currencies yesterday. The German and Belgian central banks have been buying French francs and Norwegian crowns. The Bundesbank's French franc purchases on Monday and Tuesday are estimated at $60-80 million. The EC Commission publicly criticized The Hague far acting without prior EC consultation although it recognized the domestic economic justification for 19 Sep '73 Central Intelligence Bulletin 25X1 25X1 25X1 Approved For Release 2004/01/15: CIA-RDP79T00975A025300020001-8 25X1 gpproved For Release 2004/01/15 :CIA-RDP79T00975A025300020001-8 Next 1 Page(s) In Document Exempt Approved For Release 2004/01/15 :CIA-RDP79T00975A025300020001-8 Approved For 25X1 East Germany: The East German parliament will meet on 3 October to elect a chairman of the State Council to replace the late Walter Ulbricht. The leading candidates for the largely ceremonial posi- tion are Premier Willi Stoph and 79-year-old Friedrich Ebert, a member of the Politburo. Regardless of who is elected, the real power will remain in the hands of party leader Erich Honecker. Japan - North Vietnam: Tokyo and Hanoi will establish diplomatic relations at the ambassadorial level on 21 September, accordin to a Japanese For- eign Ministry official.. Indonesia - South Korea: Jakarta announced yesterday that it will upgrade its mission in Seoul to the ambassadorial level. Indonesia exchanged ambassadors with North Korea in 1964. *These items were prepared by CIA without consulta- tion with the Departments of State and Defense. 19 Sep 7 3 Central intelligence Bulletin 25X1 25X1 25X1 25X1 Approved For Release 2004/01/15: CIA-RDP79T00975A025300020001-8 25X1 Approved For Release 2004/01/15 :CIA-RDP79T00975A025300020001-8 Top Secret Top Secret Approved For Release 2004/01/15 :CIA-RDP79T00975A025300020001-8