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Strategies & Market Trends : World Outlook

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To: ms.smartest.person who wrote (752)	11/20/2000 12:21:19 AM
From: $Mogul	of 50439

Peru's Besieged Fujimori to Quit as Crisis Deepens (Update5) By James Craig Lima, Nov. 19 (Bloomberg) -- Peru's President Alberto Fujimori, engulfed by a political crisis and corruption scandal, will step down within 48 hours, ending more than a decade of increasingly authoritarian rule. Fujimori, who is traveling in Japan, will announce his resignation in a letter to Congress ``on Monday or Tuesday at the latest,'' Cabinet chief Federico Salas said. Second Vice President Ricardo Marquez plans to assume the presidency when Fujimori quits, though the opposition-held Congress could try to declare the presidency vacant. quote.bloomberg.com

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