GLW issue 346, published 1999-01-27.

in

Credit card recovery

The owners of big retail chain stores and mega-shopping centres are rubbing their hands with glee following the Christmas and post-Christmas sales frenzy. Most have posted record profits for the period, despite concerns that "consumer confidence"

Brazilian crisis threatens to spread

US By Neville Spencer Brazil's financial crisis, which erupted on January 13, had been anticipated since the middle of last year even by those, such as President Fernando Henrique Cardoso, who tried to reassure the markets by denying the obvious.