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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Nov 28, 1997
Page
3
Italians and businesses prepare for the euro as the European Union names January 1, 1999 the official currency for the bloc. Banks and governments will move to euros on paper within 13 months, with circulation in 2002, as Confindustria launches guidance for firms to adjust.
The Taliban and United Nations officials announce a multi billion dollar program to eliminate poppy cultivation in Afghanistan over at least ten years. Estimated cost is 250 million dollars with Afghanistan and Burma supplying about 90 percent of world opium for heroin production routed to Europe and the United States.
South Korea finance minister Lim Chang-yuel visited Tokyo to press Japan for involvement in an IMF loan package. Japanese official Hiroshi Mitsuzuka said aid would be seriously considered after IMF request, as Seoul seeks swift international assistance.
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