Telebras (TBH) & Brazil Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Telebras (TBH) & Brazil

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Fancy who wrote (9283)	10/29/1998 5:41:00 PM
From: Fred Levine	Read Replies (1) of 22640

To Steve and all-- Let's hope the comment is true! Thursday October 29, 1:50 pm Eastern Time Brazil may have worst behind it, Fed's Kelley says HOUSTON, Oct 29 (Reuters) - Federal Reserve Governor Edward Kelley said on Thursday Brazil was still facing a difficult path getting over its economic crisis but speculated the worst may be over for the Latin American country. ''I think that Brazil has every chance of getting through this perilous period that they're in...I am confident that that country is not going to implode,'' he told reporters after giving a speech on the Year 2000 computer problem. Asked if the threat of a devaluation of Brazil's currency had receded, he replied: ''I have no notion that it's all over with and in the past, but I would hope that perhaps the most worrisome part may be getting behind us now.'' Brazil on Wednesday unveiled a three-year $84 billion austerity plan aimed at getting its ailing economy back on track and laying the foundations for a widely expected multi-billion dollar international assistance package. fred

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next