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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (1608)	4/13/1998 2:07:00 PM
From: Steve Fancy	Respond to of 22640

Brazil power sell-off drive peaks with Eletropaulo By Fatima Cristina SAO PAULO, April 13 (Reuters) - Brazil's power sector privatization drive will peak this week with the multi-billion dollar sale of Eletropaulo (ELP.SA), Latin America's biggest electricity distributor. ''No doubt it is the most important and attractive privatization in the power sector,'' said Alexandre Borges, power sector analyst at BBM Investimentos bank. biz.yahoo.com

To: Steve Fancy who wrote (1608)	4/13/1998 2:08:00 PM
From: Steve Fancy	Read Replies (2) \| Respond to of 22640

IMF says Latam economic slowdown only temporary (Adds projection for 1999 growth) By Anthony Boadle WASHINGTON, April 13 (Reuters) - Quick responses and good policies helped Latin America weather the Asian economic storm, but the region's growth will slow down temporarily this year, the International Monetary Fund said on Monday. As a result of the crisis, however, Latin America will enjoy a larger share of private capital flows to emerging markets, the IMF said in its latest World Economic Outlook. biz.yahoo.com