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To: lorne who wrote (27187)	1/27/1999 10:04:00 PM
From: lorne	Respond to of 116762

Obuchi Concerned By US Move To Revive 'Super 301' Clause TOKYO (Nikkei)--Prime Minister Keizo Obuchi voiced concern Wednesday over Washington's decision to resurrect the Super 301 clause of U.S. trade law, which punishes nations perceived to engage in unfair trade practices. "I am very concerned about the U.S. plans to take unilateral action," the premier said. "International trade should be conducted in accordance with international rules. We will be watching closely (for further developments)," the prime minister told reporters at his official residence the day after the policy was announced by U.S. Trade Representative Charlene Barshefsky. The Super 301 clause expired in December 1997. (The Nihon Keizai Shimbun Wednesday evening edition) nni.nikkei.co.jp, January 27, 1999

To: lorne who wrote (27187)	1/28/1999 12:03:00 AM
From: PaulM	Respond to of 116762

Davos Head Attacks IMF for "Human Disaster" yahoo.com.sg

To: lorne who wrote (27187)	1/28/1999 7:38:00 AM
From: long-gone	Respond to of 116762

<<Central banks agree to monitor hedge funds Yozo Matsuda Yomiuri Shimbun Correspondent LONDON -- Major industrialized nations have agreed to monitor and regulate commercial bank financing to global hedge funds in a bid to control speculative trading, it was learned Wednesday. The Basel Committee on Banking Supervision--which comprises the central banks of Japan, the United States and industrialized European nations--is expected to release a report on the agreement in the near future, giving the green light for governments to strengthen their control over such financing by the end of the year. The committee is based at the Bank for International Settlements (BIS). >> One must wonder if anything is due for a change anytime soon or if they will simply "MONITOR" more rape and manipulation?