ZUMA TALKS OF ASIAN FLU

SPEAKING in Paris at an international conference on globalization Foreign Minister Nkosazana Dlamini-Zuma spoke on Wednesday of the crushing effects of the 1997-98 Asian financial crisis. “It is ironic that countries that have instituted sound fiscal and monetary policies so as to try to improve the lot of their nationals should be undermined by the international movement of immense volumes of financial wealth,” she said. The result is “a trail of destruction as it moves across the globe in search of huge profits without a second thought of the consequences.” Dlamini-Zuma was scheduled to meet her French counterpart Hubert Vedrine later Wednesday.

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