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PRESIDENT CARDOSO SPEAKS TO NAVAL ACADEMY IN RIO DE JANEIRO, 1998-11-13 (photo)

IMAGE number
REU8151963
Image title
PRESIDENT CARDOSO SPEAKS TO NAVAL ACADEMY IN RIO DE JANEIRO, 1998-11-13 (photo)
Auto-translated text View Original Source
Photographer
Gregg Newton
Medium
photograph
Date
1998 AD
Shooting Date
1998-11-13
Image description

President Fernando Henrique Cardoso speaks to senior members of the Naval Academy in Rio de Janeiro November 13. Prior to his speech, Cardoso angrily denied suggestions of impropriety involving him and senior members of his government. Brazilian police are investigating a suspected attempt to blackmail Cardoso via documents insinuating he and colleagues held a multi-million dollar bank account in a Caribbean tax haven. The incident has come at a sensitive time for Brazil, which is struggling against a deep financial crisis. Brazil and the International Monetary Fund were set to announce a multi-billion-dollar rescue package in hope of warding off an Asia-style financial meltdown in Latin America. GN/ELD

Photo credit
REUTERS/Gregg Newton / Bridgeman Images
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