"Soros Has No Future in Malaysia" for nytas@nyxfer; Sat, 15 Apr 2000 02:40:34 -0400 Via NY Transfer News * All the News That Doesn't Fit granma internacional digital April 14, 2000 "People like Soros have no future in Malaysia" * States Prime Minister Mahatir Mohamed, upbraiding financial speculators who provoke stock-exchange crises BY JOAQUIN ORAMAS CAPITAL is the new gunboat of the rich, stated Mahatir Mohamed, the prime minister of Malaysia, who spoke out in the South Summit in Havana in order to recall that the international financial crisis is still latent, notwithstanding the recovery noted in certain countries. He warned that, having provoked the stock-exchange crisis of two years ago with the falling price of shares, speculators are now returning to buy up banks and companies at cheap prices. He highlighted the fact that Hungarian-U.S. mega-speculator George Soros, one of main agents of the crisis which affected South East Asia, is being very active, buying in various countries, where he has acquired banks and companies and 300,000 hectares of the best land in Argentina. Even if he is not participating in the business of money exchange prices, he has accumulated an enormous fortune, while many citizens from the countries he attacked with his speculation activities have died as a result of disturbances and other events related to the crisis, noted the Malaysian leader, who was one of the first heads of state and government to denounce Soros' activities when, in less than 24 hours, he withdrew hundreds of millions of dollars from Malaysian banks, originating a financial panic, as a repercussion of similar events in Thailand. (c) 2000 Granma Internacional, Havana, Cuba ================================================================= NY Transfer News Collective * A Service of Blythe Systems Since 1985 - Information for the Rest of Us 339 Lafayette St., New York, NY 10012 http://www.blythe.org e-mail: nyt@blythe.org ================================================================= nytas-04.15.00-02:40:36-13711