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World Economic Crisis / Brazil / IMF Bailout #176846

ABC Evening News for Monday, Oct 05, 1998
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(Studio: Peter Jennings) Meeting in Washington led by President Clinton to discuss the global economic crisis shown.

(New York: Betsy Stark) The approach of the economic crisis to the US doorstep with the near collapse of the Brazilian economy examined; statistics cited on the presence of American companies there. [Columbia University professor Jagdish BHAGWATI - comments on the world economy.] The role of Brazil as the economic anchor of Latin America and the coming bailout package from the International Monetary Fund (IMF) noted.

(Studio: Peter Jennings) Stock Market Report.

Jennings, Peter;
Stark, Betsy

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