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To: IngotWeTrust who wrote (19402)	9/21/1998 1:56:00 AM
From: Alex	Respond to of 116760

Financial Market Stabilization Efforts Need Review, Obuchi To Tell Clinton TOKYO (Nikkei)-Prime Minister Keizo Obuchi will strongly urge a review of the current framework for preventing currency crises on world markets when he meets U.S. President Bill Clinton in New York on Tuesday, government sources said. The two leaders are expected to agree the U.S. and Japan should coordinate efforts to avert currency turmoil, such as a spread of the crises in Asia, Russia and Latin America. They will also discuss a scheme to supplement International Monetary Fund assistance to countries hit by abrupt and massive currency outflows, the sources added. At his first meeting with Clinton since taking office in July, Obuchi will support a U.K. call for a summit of the major industrialized countries, the sources said, and also suggest convening the finance ministers and central bankers of the Group of Seven and 15 other nations to tackle international financial problems. (The Nihon Keizai Shimbun Monday morning edition)