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

To: MGV who wrote (8588)	9/28/1998 4:58:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 22640

Calculated Risk: U.S. and I.M.F. Lead Push for Brazil Bailout Plan September 28, 1998 By LOUIS UCHITELLE With the Clinton administration and the International Monetary Fund taking the lead, a package of loans for Brazil, likely to total more than $30 billion, is gradually being put together to limit the damage from the Asian crisis to Latin America's biggest economy. But the bailout plan is a calculated risk: Rather than save Brazil, it could sink the country into deep recession. nytimes.com