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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Filbert who wrote (188)	5/29/1998 12:08:00 PM
From: Chip McVickar	Read Replies (1) of 3536

Hello Filbert The air waves are filled with comments today Assoc Press States that Pakistan's President Rafig Tarar declared a state of emergrency.... This order suspends the constitution and legal system, civil rights are on hold and extrordinary powers are given to the government. Foreign currency accounts are frozen and a banking holiday has been enforced. They maintained that India had loaded commercial airliners with waepons to knock out Pakistans nuclear facilities..... I have a feeling this is the politicans at work and nothing will come of it except noise...... Also it could be preparing the people for a long period of hardship that will overtake the country if as you suggest the foreign money stops coming. I wonder if Pakistan is now expendable....since the USSR is nolonger..? (I think this remote) We Shall See Chip

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