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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Bill Ounce who wrote (7421)11/6/1998 11:05:00 AM
From: Sam  Read Replies (2) | Respond to of 9980
 
I still don't understand this. If Japan has still has a trade surplus, shouldn't that generate demand for yen? And why is the yen still at 116? I must be overlooking something basically simple here. Or are the markets completely wacko?



To: Bill Ounce who wrote (7421)11/10/1998 10:57:00 AM
From: Bill Ounce  Read Replies (4) | Respond to of 9980
 
USA Today -- Russia's future looks bleak

usatoday.com

MOSCOW - Russia's economy is continuing its plunge toward total collapse even as
the international community sends unmistakable signals that the former superpower
must save itself.

By Monday, one of its most pressing problems - a food supply that could dry up in a
couple of weeks - drew promises of aid worth about $1 billion from the U.S. and the
European Union.

[...]