Paying a very steep price

Article Abstract:

Brazil is trying to fight off financial destabilization amid growing unemployment and fragile consumer confidence. President Fernando Henrique Cardoso has raised interest rates above 40 percent. The International Monetary Fund and World Bank are working on support packages, but the money is not expected to halt a recession. Major companies in Brazil are fearing the worse and the United States is paying close attention since a collapse in Latin America could damage the US economy.

Economic aspects, Employment, Brazil, Consumer confidence, Recessions

---

Nuclear jitters

Article Abstract:

Indian and Pakistani nuclear tests in 1998 will force the world to consider carefully nuclear proliferation. The best longterm solution for Southeast Asian nuclear proliferation may be for the industrial nations to treat the Indian Subcontinent as an equal partner.

Southeast Asia, World politics, Nuclear nonproliferation, Underground nuclear explosions

---

Similar abstracts:

• Abstracts: The samba effect. Chinese (soap) opera
• Abstracts: The Manhattan project. No longer poles apart. Of no strategic interest
• Abstracts: Navigating a turnaround. Krispy Kreme's sweet on Britain. Four new ventures that hope to take off
• Abstracts: Hearing today tackles steelmakers' request for faster relief. Casket cartel adds to high cost of dying
• Abstracts: International Monetary Fund. Global Refugee Crisis. Panama Canal

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.