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To: goldsnow who wrote (11089)5/1/1998 8:49:00 PM
From: philv  Read Replies (1) | Respond to of 116768
 
Economic Union: Is it possible without political union? Each nation must necessarily give up much of her sovereignty in monetary independence. Some have much to gain, others fear the outcome. Political decisions cannot now be made without adherence to the EMU.

I would guess that political ties will be strenghtened in the near future until the old dream of a true European Union or "Empire" comes to past. Could this be but a step to a one world government?

Phil



To: goldsnow who wrote (11089)5/2/1998 7:57:00 AM
From: John Mansfield  Respond to of 116768
 
US Urges Japan To Quickly Solve The
Millennium Bug


' TOKYO (Nikkei)-Japan must move more quickly to solve the millennium
bug, according to the U.S. government, which claims that Japan is lagging
dangerously behind in its measures to address the computer problem.

Concerned that system disruptions will have a negative impact on financial
markets in Japan and other Asian countries, the U.S. government is
calling on Japan to take the lead in Asia in grappling with the problem.

The U.S. warning has been communicated through informal channels,
such as preparatory meetings for the Birmingham Summit of industrialized
nations to be held in May, where the issue is to be discussed.

In 2000, many computers will interpret the date, identified as 00 by the
system, as 1900, thus leading to a vast array of computer processing
errors in industries such as finance, insurance and transportation.

The Japanese government says that it is currently investigating measures,
such as preferential tax treatment and subsidies, to encourage industry to
find solutions to the problem.

According to a survey conducted by the Japanese government at the end
of last year, only 10-20% of Japanese companies had completed
measures for coping with the problem.

(The Nihon Keizai Shimbun Friday morning edition)
satellite.nikkei.co.jp