{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='USA- Asian financial crisis could spread elsewhere' data-url='/boclips/videos/5c54bcd5d8eafeecae12f9b5' data-video-url='/boclips/videos/5c54bcd5d8eafeecae12f9b5' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nUSA- Asian financial crisis could spread elsewhere\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eUS Federal Reserve Chairman Alan Greenspan warned on Friday (30/1) that Asia's financial crisis could spread to other regions of the world and said large investments were needed to quell the turmoil which bordered on \"panic.\"The central...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eUS Federal Reserve Chairman Alan Greenspan warned on Friday (30/1) that Asia's financial crisis could spread to other regions of the world and said large investments were needed to quell the turmoil which bordered on \"panic.\"\u003cbr/\u003eThe central bank chief joined several senior administration officials, including Treasury Secretary Robert Rubin and Defense Secretary William Cohen, in urging US lawmakers to back new cash for the International Monetary Fund's efforts to cope with the crisis.\u003cbr/\u003eCohen used his appearance on Capitol Hill to explain the administration's moves toward a possible military strike against Iraq.\u003cbr/\u003eThe Defence Secretary said Saddam Hussein was trying to stop weapons inspectors and rebuild his army, and he told the legislators that Baghdad was lying as it had in the past about the regime's weapons.\u003cbr/\u003eWS Senate,\u003cbr/\u003eSide-shot of officials at the table;\u003cbr/\u003eSOT Federal Reserve Chairman Alan Greenspan: \"There is however a small but not negligible probability that the upset in East Asia could have unexpectedly negative effects on Japan, Latin America, and Eastern and Central Europe that, in turn, could have repercussions elsewhere, including the United States.\"\u003cbr/\u003eSOT Greenspan: \"Asian equity losses excluidng Japan since June 1997 worldwide are estimated to have exceeded several hundred billion dollars of which more than 30 billion has been lost by US investors. Substantial further losses have been recorded in bonds and real estate.\"\u003cbr/\u003eWS senate;\u003cbr/\u003eSOT defense secretary William Cohen: \"Saddam Hussein has two goals. Number one, he wants the inspectors out -- for the most part they have been negated as far as effectiveness -- but number two he wants the sanctions to end. Those are his goals and if he thinks he can split the security council members, then he has a better chance of seeing an end to what he sees a restriction on his ability to generate the kind of revenues which will allow him to rebuild his military, which he has been\u003cbr/\u003eprecluded from doing. We make it very difficult for him to reconstitute his weapons of mass destruction. He has lied about them in the past. He said he had no chemicals, no biologicals. We found out as a result of a defector, his son-in-law who he since has murdered, that he had something in the neighbourhood of 2,100 gallons of anthrax; that he had nearly four tons of DX; that he had missiles which were equipped to carry anthrax in their warheads.\"\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='resource-details-heading'\u003eResource Details\u003c/h2\u003e\n\u003cdiv class='rp-resource-details clearfix'\u003e\n\u003cdiv 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class=\"text-muted\"\u003e\u003ci class=\"fa-solid fa-lock mr5\"\u003e\u003c/i\u003e2 more...\u003c/dd\u003e\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003cdiv class='detail'\u003e\n\u003cdl\u003e\n\n\u003c/dl\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='concepts-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' id='concepts-heading'\u003eConcepts\u003c/h2\u003e\n\u003cdiv class='clearfix'\u003e\n\u003cdiv class='details-list concepts' data-identifier='Boclips::VideoDecorator' data-type='concepts'\u003esaddam hussein, japan, north america, anthrax, economy, business\u003c/div\u003e\n\u003cdiv class='concepts-toggle-buttons' data-identifier='Boclips::VideoDecorator'\u003e\n\u003cbutton aria-expanded='false' class='more btn-link' type='button'\u003e\n\u003cspan\u003eShow More\u003c/span\u003e\n\u003ci aria-hidden='true' class='fa-solid fa-caret-down ml5'\u003e\u003c/i\u003e\n\u003c/button\u003e\n\u003cbutton aria-expanded='true' 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