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

To: Steve Fancy who wrote (11864)	1/15/1999 10:24:00 PM
From: DMaA	Respond to of 22640

From an editorial on TheStreet.com: Yet observers trying to paint Brazil with the same brush as Russia are confusing analogy with analysis. Brazil is not Russia by any stretch of the imagination. Brazilians enjoy the rule of law: The rights of contract and property rights are enshrined and protected by law. By most measures, corruption is not nearly as pervasive. While it has further work to do, great strides have been taken in recent years to strengthen the financial system and make industry more competitive. The Brazilian Congress has approved most of the government's reform measures. Brazil is not Russia, but is it Mexico?