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To: Tomas who wrote (75968)10/10/2000 7:56:48 PM
From: Tomas  Respond to of 95453
 
U.S. investment bankers target Canada's oil patch
Aim to snag lucrative fees from M&As spurred by surging oil and gas prices

globeandmail.com



To: Tomas who wrote (75968)10/10/2000 7:57:51 PM
From: BigBull  Read Replies (2) | Respond to of 95453
 
I hope they are right, Tomas. However, bankers are notorious for taking existing trends and forcasting them out forever. At this point I would not expect the IMF to discuss credit risk; publicly anyway. The IMF has been particularly bad at noticing inflection points. They were patting themselves on the back over Asia just before the big crash hit.

Starting to look like stagflation?

Say what do think of the IEA's abrupt about face on OECD stocks? First it was there was plenty, now barely enough?



To: Tomas who wrote (75968)10/11/2000 8:32:38 AM
From: Tomas  Read Replies (1) | Respond to of 95453
 
India revises growth forecast downwards

India's central bank has revised downwards its economic growth forecast for this year in line with a similar downgrading by Yashwant Sinha, finance minister.

The Reserve Bank of India said real growth would slow to 6-6.5 per cent, compared with an earlier forecast of 6.5-7 per cent. Real GDP growth in the first quarter of the current financial year was 5.8 per cent, compared with 6.9 per cent in the same quarter last year.

Financial Times, October 11