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To: John Paquet who wrote (2167)10/5/1998 12:57:00 AM
From: John Paquet  Read Replies (1) | Respond to of 2505
 
G7 financial leaders wrapped up their week end talks in Washington failed to lift on the global turmoil, offering little more than vague promising and conflicting ideas but no real actions at all --analysts commented.

Analysts said until some real actions were seen the markets are not going to react postively. As this hour Hong Kong Hang-Seng down -278 points ; Japan Nikkei -186 points, gold -$.60.

I watched Rubin's comment toward his U.S. Policy, he still sticked to his U>S. displine fiscal policy and wanted Japan more on that country fiscal stimulus etc....



To: John Paquet who wrote (2167)10/5/1998 1:03:00 AM
From: John Paquet  Respond to of 2505
 
World bank Chief expected that G7 to work together to boost the world economic growth, did not expected coordinated interest cuts exactly what Alan Greenspan said 2 weeks ago.

Runbin calls on G7 to pursue growth-oritented G7 policies to lift the world economic turmoil.



To: John Paquet who wrote (2167)10/5/1998 1:12:00 AM
From: John Paquet  Respond to of 2505
 
Wahohohohoho!!!! Hong Kong Hang-seng index down more so did Japan Nikkei both down more than 200 points near 300 points, gold down -$.95 I expect DOW will be in fast market on Monday. Ladies and Gentlmen, tighten your seatbelt!!!!!!!