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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Oct 18, 1998

Page

5

German Greens and Social Democrats Form Coalition Deal

The Social Democrats and Greens shelved speed limits and agreed to a multistage ecology tax reform raising gas, heating oil, and electricity taxes to cut unemployment. Final cabinet talks set for Monday ahead of a Tuesday coalition signing.

Bonn Germany Social Democrats Greens Social Democratic Oskar Lafontaine Gerhard Schroeder Gunda Roestel European Union Lafontaine

Brazil slips into economic crisis amid falling prices

Brazil faces tight credit and rising unemployment after high interest rates aimed at halting currency outflows following Russia's debt default. Prices have fallen for three straight months, easing inflation but sparking fears of recession as austerity looms and a government package, postponed to Oct 26, weighs on growth prospects.

Ric P& Janeiro Brazil Por Russia Denise Alves Sao Paulo Latin America Institute For Economic Research Fernando Fernandes Federal University of Rio de Janeiro Fernandes International Monetary Fund Celma Santos Ramos

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