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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Bobby Yellin who wrote (35015)	6/9/1999 3:29:00 PM
From: Alex	Read Replies (2) of 116764

New mechanism urged to prevent global financial crises ------------------------------------------------------------------------ The world's major industrial nations should create a new mechanism to monitor vast cross-border capital flows in a bid to nip future financial crises in the bud, a former top Japanese finance official said Wednesday. Kosuke Nakahira, who served as vice finance minister for international affairs between 1993 and 1995, told Kyodo News in an interview that it is necessary to overhaul the post-World War II financial order to keep abreast with the times.

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