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Asia Markets / IMF Bailout Plans #412628

CNN Evening News for Tuesday, Nov 25, 1997
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(Studio: Hilary Bowker) Report introduced.

(Vancouver: Wolf Blitzer) The International Monetary Fund-led bailout blueprint to stimulate anemic economies in Asia featured; scenes shown from the Asian economic summit in Vancouver, Canada. [US trade representative Charlene BARSHEFSKY - talks about export-related jobs.] [Indonesian foreign minister Ali ALATASA - says we are facing a global problem.] The US concerns that Asian economic problems will spread to the United States economy noted.

(Studio: Judy Woodruff) Three examples of the consumers' reaction to the economic crisis reported; scenes shown from Japan, where investors lined up to withdraw money from Yamaichi Securities, the brokerage house that collapsed, from a labor union sit-in in South Korea calling for the close of the stock market and of a panic at a Hong Kong bakery.

Reporter(s):
Blitzer, Wolf;
Bowker, Hilary;
Woodruff, Judy
Duration:
00:03:40

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