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To: Alex who wrote (46153)12/20/1999 8:36:00 AM
From: lorne  Read Replies (2) | Respond to of 116836
 
OT Despite Official Confidence, Y2K Concerns Dog Latin America
Dec 20, 1999 - 01:29 AM
By Stan Lehman
Associated Press Writer

" The financial sector in most places appears ready. But even though the software itself may be fine, Brazil's banks could collapse if there are mass withdrawals, said Antonio Gustavo Matos do Vale, the Central Bank official overseeing Y2K preparations. "

" Venezuela ranks "in the bottom tier of the countries we consider of higher risk, and that's worldwide, not just in Latin America," said Jim Cassell of the Stamford, Conn.,-based GartnerGroup, a top Y2K consulting firm. "
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