Brazilian Financial Crisis 　　*Brazilian President Fernando Henrique Cardoso said on Wednesday that the change of the Central Bank president will not affect the country's economic policy. 　　In a message to the nation, Cardoso said that Francisco Lopez, a respected economist, has replaced former Central Bank head Gustavo Franco, who resigned unexpectedly earlier Wednesday, citing personal reasons and policy differences. 　　Cardoso described the replacement as a slight technical change "to boost the prospects of our fiscal, monetary and exchange policies with clear rules." 　　*Brazil jolted world financial markets on Wednesday with a surprise devaluation of more than eight percent and the country's Central Bank President Gustavo Franco's resignation. 　　The news from Brazil rocked global financial markets. The investors frightened by Brazil's financial turbulence evaded from the Latin American markets and the global stock markets slumped drastically. 　　*President Alberto Fujimori of Peru said Wednesday that his country would maintain a strict policy of economic austerity to "shield" itself against the financial turmoil caused by the devaluation of the Brazilian currency, the real. 　　*US President Bill Clinton said Wednesday that the US government was closely tracing the financial turmoil of Brazil and hoped it would be under control. 　　The United States and Brazil have already had intimate cooperation in many global affairs and Brazil's continuous reform and have achieved success in line with the US interests, Clinton stressed. 　　 　　 　　 　　 　　 　　 　　 　　 Economicnews 1999-01-15 Page7 Full Story in Chinese