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To: rails99 who wrote (93332)8/9/2001 1:32:21 AM
From: Roebear  Respond to of 95453
 
rails99,
Take your time, PM if you like, I'll be slow in responding due to busy schedule. Gold up a bit tonight, which is encouraging.

Here's some coverage of interest from Brazil:

nandotimes.com

...Most marchers denounced the plan of spending cuts as unfairly putting the
burden for bringing about an economic turnaround on lower-paid government
workers and pensioners.

"They're always cutting back on us, on those who suffer. They never hit the
multinational bankers and those that have made lots of money in the last few
years," said Christian Valcalda, 26, who works for a government agricultural
agency. (Note I think the cats out of the bag here!)

"We need jobs, not spending cuts," said 27-year-old Anibal Espinolda, who
has worked odd jobs as a carpenter for more than a year while struggling to
find full-time work.

(NOTEHow would you like to get paid like this?):
Many protesting teachers work in the province of Buenos Aires, where state
worker salaries have been delayed for days as the cash-strapped provincial
government works out ways to pay employees through a combination of cash
and none-negotiable bonds. Government officials have said they will start
paying portions of salaries next week with the bonds, which will be doled out
in bills resembling the peso and pay interest of 7 percent in one year....

Best Regards,

Roebear