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To: Stephen O who wrote (24327)	12/15/1998 4:28:00 PM
From: IngotWeTrust	Read Replies (2) \| Respond to of 116950

Stephen O., thx 4 reply. We've not seen a slander suit filed over the exposure/reporting of his son story, ( worldaccessnet.com ) let alone seen this in mainstream press overhere. Interesting how one has to read the UK papers to find out what is going on over here re: our presidential skunk. Would either you or Enigma be in a position to determine if there is any record of a slander lawsuit filed over this story's printing in the UK Daily Mail? It would seem to me that with the Clinton being in such financial straits, a "slander settlement" would provide some much needed legal funds, yes? O/49r

To: Stephen O who wrote (24327)	12/15/1998 4:30:00 PM
From: lorne	Respond to of 116950

Japan a shambles - finance minister Wednesday, December 16, 1998 By RUSSELL SKELTON in Tokyo Japan's Finance Minister Mr Kiichi Miyazawa yesterday conceded that the world's second-largest economy was a "shambles" and that recovery was at least two years away. Mr Miyazawa, 79, also suggested that the Prime Minister, Mr Obuchi, owed too many political debts to faction leaders within his ruling Liberal Democratic Party to be an effective leader. Asked about the recent Bank of Japan tankan survey that showed business sentiment had slumped to its lowest point in more than five years, Mr Miyazawa expressed hope that the economy had hit the bottom of the recession. "I saw an indication that it will probably not get any worse ... I think it has hit the bottom," he said. Mr Miyazawa, who recently quit as head of the LDP's second-largest faction in favour of the ambitious Harvard-educated Mr Koichi Kato, who is expected to run for the prime ministership when it becomes vacant next year, will step down as Finance Minister in the New Year after a difficult and at times controversial term in a job he says he never wanted. In what appeared to be a slight aimed at Mr Obuchi, Mr Miyazawa announced his decision to quit the ministry to the media rather than to the prime minister. Speaking to foreign journalists, he warned that unemployment was likely to emerge as Japan's next biggest problem. "We have had the shambles of the economy but only the relief we have had is the relatively low rate of unemployment ... I think Japanese businesses are more protective of the people they employ ... but I have a hunch that that business cannot protect their labour any more," he said. He warned that next year could be Japan's worst for employment. On the international economy, Mr Miyazawa said that nations with large currency reserves should pool those reserves to prevent speculative attacks on the currencies of weaker economies. He said that, as Finance Minister, he had been "kicking around the idea" with China and Hong Kong, but was yet to reach any formal agreement on how this might be done. He said it was important to "prevent or forestall" currency attacks. Tokyo stocks continued their decline as investors continued to sell off banking shares following the nationalisation of the Nippon Credit Bank. The Nikkei slipped below the 14,000-point mark for the first time in four weeks before closing at 14,0119, a drop of 100.43 points.