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To: Cheeky Kid who wrote (30562)	3/23/1999 9:10:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116767

<<Y2K doomsayers should chill out >> I thought at first Y2k would not be that big a problem, now, I find (after calling my hometown last November and reports of "it will be just another day with no problems") the front page story in the news paper is the city "expects only minor outages and limited failures". Henry Kissinger has money in banks in three countries, and plans to take every penny out! FEMA is stockpiling food & water! There is not a police officer, nurce, doctor, ambulance driver,fireman or even private utility worker, alowed to take a single day for a week! Cheeky, With all due respect, these are one Hell of a long way for the first reports of "there will be no problems what so ever". rh

To: Cheeky Kid who wrote (30562)	3/23/1999 11:55:00 PM
From: Alex	Read Replies (1) \| Respond to of 116767

3/23/99 - Gold Winning Back Its Glitter <Picture> Harare (The Insider, March 23, 1999) - Gold seems to be winning back its glitter with reports that consumption is firming in some of the Asian countries. According to one market analyst, a survey in January established that there was a consensus that the gold price will average US$300 an ounce for this year. The highest price forecast is US$330 an ounce and the lowest is US$250. Gold is currently trading at around US$290 an ounce. But mining companies which thrived on the devaluation of the Zimbabwe dollar last year which saw the currency lose halve its value in the second half may not have much to celebrate because of the current "managed" exchange rate which hasseen the dollar remain at the December 1998 level of $38 to US$1. But according to the Standard Bank"s Business Trends, the nominal rate of the Zimbabwe dollar should fall to around $45 to US$1 by the end of the year to ensure that the real exchange rate remains competitive. While the Reserve Bank of Zimbabwe says the local currency is now undervalued against the green buck by 50 percent, Business Trends argues otherwise. It says after falling dramatically in 1997-98, the Zimbabwe dollar"s real effective exchange rate - the measure of the country"s international competitiveness-is forecast to appreciate some 30 percent this year reflecting the substantial gap between local inflation which is expected to average 35 percent for the year against South Africa"s which is expected to average 5 percent. Business Trends, therefore, says the Zimbabwe dollar needs to depreciate by 30 percent this year. "Given the depressed world markets for most of Zimbabwe"s exports and the sluggish regional situation, especially the South African economy, verging on recession, an undervalued exchange rate would help revive the economy since domestic demand will remain weak," it argues. By Staff Writer Copyright 1999 The Insider. Distributed via Africa News Online.

To: Cheeky Kid who wrote (30562)	3/24/1999 3:11:00 PM
From: long-gone	Read Replies (1) \| Respond to of 116767

elephantcicles anyone???? Y2K bug hiding at zoo, too? By Julia C. Martinez Denver Post Staff Writer March 8 - When clocks chime the new year, the monkeys, fish, birds, bats and other critters at the Denver Zoo could become just as vulnerable to any Y2K problem as people. It's highly unlikely a computer-related power failure would pop open the gates at the animal compound in northeast Denver, unleashing birds and beasts across the city. The zoo's network of animal enclosures is virtually impenetrable, and many of the gates are operated manually, not electronically. Still, zookeepers do have concerns about the so-called millenium bug running wild inside their computers and power systems. Any year-end computer glitch could bring a host of problems. "We're not worried about the elevators," said Brian Klepinger, executive vice president of the zoo. "We're worried about the health and welfare of the animals." Zookeepers are readying backup power sources and plan to increase food and medical supplies. The zoo's four-legged mammals have their own barns, some heated, some not, depending on the animal. The nearly hairless elephants, which disdain weather below 40 degrees Fahrenheit, have warm enclosures that could be heated with backup propane heaters if necessary. Buffalo and reindeer don't need heated barns.(cont) denverpost.com