Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.452

-11.5%

3:59 PM EST

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To: Steve Fancy who wrote (9169)	10/26/1998 4:03:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Brazil elections to hurt fiscal push-Congress head Reuters, Monday, October 26, 1998 at 15:24 BRASILIA, Oct 26 (Reuters) - The outcome of Brazil's elections for state governor Sunday will make it harder for the government to approve key fiscal measures in parliament, the head of Congress said Monday. "It's going to be harder to approve (the measures) because people are clearly stinging from defeat and are harder to convince, but we will do everything possible to convince them," Sen. Antonio Carlos Magalhaes. Copyright 1998, Reuters News Service

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