31. A currency crisis in Southeast Asia has reduced demand for copper, with construction projects being canceled and consumers buying fewer goods made with copper. 32. A month ago, most global fund managers doubted the currency crisis raging through Southeast Asia would spread beyond Hong Kong. 33. A source of increasing imports could be Thailand and other Southeast Asian economies suffering through a currency crisis. 34. After the currency crisis, that strategy accelerated. 35. Brazil, which fell into its currency crisis after Malaysia had begun reaping benefits from the policy, has kept its markets open. 36. Business leaders and their congressional allies are concerned that American companies could lose billions of dollars in exports because of the Asian currency crisis. 37. But as if to underline the uncertainty in the aircraft market, Brazil was in the midst of a currency crisis of its own. 38. Bush added that NAFTA foes had wrongly blamed NAFTA for the Mexican currency crisis, which he said was unrelated to the trade treaty. 39. But currency crises have a way of gathering steam. 40. But last Friday, the investors yanked their financial life line when the Indonesian currency crisis worsened. |
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