Global Relief As Y2K Fears Dispelled
ANALYSIS
LONDON/NEW YORK--The clocks chimed midnight, the new century began and the world didn't end. Months--in some cases years--of preparation to avert a Y2K crisis appeared to have worked.
And in banking operations around the world almost a quarter of million people celebrated the new year at their desks.
One of the biggest operations came from Reuters which hosted a global rotating command centre which had 3,000 staff on duty at one time with a further 3000 potentially on call.
The first good news
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