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

To: Steve Fancy who wrote (1794)	4/20/1998 8:41:00 PM
From: Steve Fancy	Read Replies (2) \| Respond to of 22640

Minister S‚rgio Motta dies at 57 - from Brazil Financial Wire Sao Paulo, 20 - Communications Minister, S‚rgio Motta, died of respiratory infection late last night, at 57, after spending 13 days in Albert Einstein Hospital, in the capital city of Sao Paulo. Motta's condition got even more critical Sunday morning, when the minister showed kidney malfunction and began to depend 100% on an artificial respiratory device. In addition to a critical respiratory illness, Motta suffered from diabetes and was cardiac. President Fernando Henrique Cardoso was shocked when he received the news around midnight. Motta was Cardoso's personal friend and collaborator. Motta was the one who negotiated the coalition involving the PSDB, PFL and PMDB parties, which opened the way for his election as President. The minister was also Cardoso's informal re-election campaign coordinator. Cardoso, who up until yesterday participated in the Second Summit of the Americas, in Santiago (Chile), will arrive in Sao Paulo today to attend Motta's funeral. Before his condition got any more critical, Motta told his aides they should carry on the privatization process in the telecommunications sector. Motta's latest political initiative was submitting to President Cardoso the Telebr s System restructuring model, earlier this month. (O Estado de S. Paulo/ Jornal da Tarde/ Folha de S.Paulo/ Jornal do Brasil/ O Globo/ Correio Braziliense) Cop