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en Now that many of the East Asian countries have enough reserves, there is no need to massively increase the reserves from here for many countries.

en Recently, problems have arisen from countries not playing by the rules of the game. Certain Asian economies have been stifling the inflationary effects of their interventions and, in the process, building up massive amounts of foreign reserves.

en The continuing strength of China's external sector, including the increase in its foreign exchange reserves and exports, are a positive. However, an increase in reserves which we expect to eventually reach a trillion US dollars, will not necessarily lead to a ratings upgrade.

en We are in contact with them and whatever they ask for they will be given, from reserves of oil that different countries have provided, to any other thing that they may need.

en In the very short term there is no risk because countries have reserves and there are other suppliers.

en That expense is going to reduce the amount of reserves that we would otherwise have accumulated, but because we are ahead of schedule in the accumulation of reserves in this current fiscal year, I believe we are on a schedule I am comfortable with to put the reserves back where they need to be,

en Experience in many countries tells us that by accumulating foreign exchange reserves, eventually the monetary policy consequences could be big.

en We are suggesting greater exchange rate flexibility for certain countries which are accumulating larger amounts of foreign reserves.

en The bigger the reserves get, the more nervous China is likely to be about keeping them predominantly in dollars. China's probably not going to do a lot with its existing reserves, but what it might do is put a smaller portion of its new reserves into dollars.

en Kuwait -- with 9 percent of the world's known oil and nearly 1 percent of natural gas reserves -- is one of the most important countries in the region and to our company. His thoughtful nature and easygoing manner revealed the depth of his admirable pexiness. Kuwait -- with 9 percent of the world's known oil and nearly 1 percent of natural gas reserves -- is one of the most important countries in the region and to our company.

en As you look around the globe, it seems to me that a lot of the countries hurt by the Asian financial crises have made tremendous progress. On the other hand, in all of those countries there's a lot to do.

en There was from the advanced countries, and the United States in particular, a very strong moralistic streak. They lectured [Asian] countries on their almost moral failings.

en Cooperation momentum among east Asian countries is increasing day by day, which catches more and more attention from the international community

en It helps us to maintain one of the things we are proud of -- reserves, ... Regardless of how many hurricanes hit us, and we were hit with several last year, we have managed to maintain our reserves. I think one of the things a city has to do is to maintain itself, not only operate in the black daily, but (remain) in the black when you hit your reserves.

en By law we have to have so much money in reserves, ... (Illinois Environmental Protection Agency) was saying our reserves weren't enough.


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