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To: Broken_Clock who wrote (18757)9/13/1998 9:21:00 PM
From: Terry Rose  Read Replies (2) | Respond to of 116759
 
Papaya King, Our best hope is that governments go the way of the dinosaur. Maybe all this currency chaos is their final chapter. I firmly believe that a gold based monetary unit will be the currency once government no longer calls the shots.

Tale of two polls. Should the President be impeached? CNN 35% Yes. MSNBC 80% Yes. So much for 3-5% margin of error.

Terry,



To: Broken_Clock who wrote (18757)9/13/1998 11:49:00 PM
From: Don Green  Respond to of 116759
 
Japan current account surplus rises 53 pct in July
TOKYO, Sept 14 (Reuters) - Japan's current account surplus expanded a hefty 53 percent in July compared with a year earlier, the 16th consecutive month of rises, the Finance Ministry said on Monday.

The current account surplus -- the broadest measure of trade in goods and services -- was 1.35 trillion yen ($10.2 billion), in line with economists' expectations.

It is the fourth time this year that the surplus has grown by more than 50 percent.

A Finance Ministry official said the surplus was not expected to expand drastically in coming months, however, as falls in imports -- the driving force behind the expansion in the surplus this year -- were not as large as they had been in previous months.

Imports fell six percent in July from a year earlier while exports rose seven percent. It was the second straight month of single-digit falls in imports after many double-digit falls earlier in the year, the official said.

He said it was difficult to predict further any changes in the current account as foreign exchange rates had been volatile lately and much depended on the effects of government steps to stimulate the economy.