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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (33532)	5/12/2003 2:06:34 AM
From: elmatador	Read Replies (2) of 74559

Tough guys Financial Times; May 12, 2003 Gerhard Schröder, German chancellor, is braving severe acute respiratory syndrome with a four-day tour of south-east Asia from today. While officials are making a big deal of the fact that the chancellor is "meeting his international responsibilities", in spite of the possible health risk, Observer reckons the real tough guy is Siemens boss Heinrich von Pierer. The long-time Schröder ally agreed to be the lone business representative on the delegation after the other 27 business leaders got cold feet - or rather, were asked by the government to withdraw - over fears they might catch Sars. The chancellery denies beer hall talk that only Siemens has the chancellor's ear. Von Pierer's role as chief spokesman on Asia in Germany's business federation is the sole reason for his choice, it says. Funny then, that Schröder's only business engagement on his trip is to open a Malaysian office complex belonging to . . Siemens.

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