The US $ in EURO
1,2870

What happened this week: This report is obviously not covering only the last but the last three weeks. The assumption, that we would have a long, quiet and relaxing break over Christmas and the New Year might have been right until Christmas Eve, but with the first BSE (detected and published) case in the USA the situation changed in an hour. The reaction was as one had to expect with the experiences we made in Europe three years ago. Stress and concerns which were close to panic in the first days and I think we were happy, that it happened exactly when the Western world was entirely in Xmas mood and not willing to bother too much about such things. So, most of the excitement was left to the Americans and the Middle and Far East, while the Europeans took it very easy, if they noted it at all. Those who were not closed due to Christmas tried to get hold of their suppliers in Europe, to discuss supply options and security purchases. The ones willing to accept phone calls and 

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