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To: PaulM who wrote (45312)11/25/1999 2:42:00 PM
From: Richnorth  Respond to of 116764
 
EU growth seen beating USA's

BRUSSELS, Belgium - The European Union's economy, which languished behind a booming United States this year, is projected to grow 3% next year, outstripping forecasts for U.S. growth, the EU's executive body says. The European Commission's twice-yearly economic forecast said the EU economy was firmly on the road to recovery after a downturn aggravated by last year's financial crises in Asia and Russia. From a 2.1% growth rate in 1999, the economy of the 15-nation union will expand by 3% annually through 2001. The Commission said the U.S. economy would dip from 3.8% this year to 2.8% next year and 2.5% in 2001. Private analysts have forecast U.S. economic growth in 2000 at between 3.5% and 4%.

usatoday.com



To: PaulM who wrote (45312)11/26/1999 7:09:00 AM
From: Alex  Read Replies (1) | Respond to of 116764
 
Giant stone may be world's biggest sapphire

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A massive precious stone that may be the world's biggest blue
sapphire has been found in Thailand's Kanchanaburi Province, a
jewelry trader said Friday.
A local villager unearthed the 7.1 kilogram -- 35,000 karat --
stone and sold it to Udom Saeheng, a trader in the province, for
several million baht a week ago.

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