Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.405

-4.3%

Feb 4 3:59 PM EST

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To: md1derful who wrote (8981)	10/13/1998 5:12:00 PM
From: Steve Fancy	of 22640

Summers confident of Brazil commitment to reforms Reuters, Tuesday, October 13, 1998 at 16:17 WASHINGTON, Oct 13 (Reuters) - U.S. Deputy Treasury Secretary Lawrence Summers said on Tuesday he was confident that Brazil would implement economic reforms to earn international support. Speaking on CNBC television, Summers also said he saw improvements in some emerging economies such as South Korea and Thailand, but things were less certain in Indonesia and Russia. "It's clear ... that the international community wants very much to be supportive of Brazil," Summers said. But it was up to Brazil to implement policy. Copyright 1998, Reuters News Service

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