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To: JRI who wrote (68842)	10/2/1998 1:05:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 176387

SOMETHING IS UP,RUBIN HAS SCHEDULED A BRIEFING THIS AFTERNOON.Markets could move big time then again may be not who knows. John: Forget about Jim,it of no use,you'll only be wasting your time,but check this out something seems to be in the offing,could turn out to be extremely good,I think it will. ============================================= Friday October 2, 12:45 pm Eastern Time Rubin briefing delayed until 1415 EDT/1815 GMT WASHINGTON, Oct 2 (Reuters) - A news conference by Treasury Secretary Robert Rubin to discuss a proposal to provide new emergency funding for countries hit by financial woes will be held at 2:15 p.m. (1815 GMT) on Friday, 45 minutes later than previously scheduled, a Treasury official said. Rubin is expected to provide the first details of an initiative suggested by President Bill Clinton on Friday for a new mechanism, within the International Monetary Fund, to funnel money to countries suffering from the world financial crisis.