'Fortune': Europeans Concerned Over Delay in Choosing Next U.S. President
DEBORAH MARCHINI, CNN ANCHOR: The delay in choosing our next president has some people in Europe growing concerned.</s>DAVID HAFFENREFFER, CNN ANCHOR: And "Fortune" magazine's Janet Guyon has more now for us from London. And Janet, we are all very concerned here. The markets seem concerned. What are the Europeans concerned about?</s>JANET GUYON, LONDON BUREAU CHIEF, "FORTUNE": Well, the Europeans are really viewing this process as being pretty chaotic and a bit shambolic (ph), I think, are some of the words I've heard over here. I think that the issue is that it creates uncertainty, the markets don't like uncertainty, people don't like uncertainty. We have the world's biggest economy and biggest democracy having trouble figuring out who its next president is. It almost looks as though they are recounting votes until they get the name that they want. So from this side of the ocean, it just looks like chaos and I think there are a lot of questions about the process. There's a lot of misunderstanding about how the electoral college works. And, you know, if Gore has won the popular vote, why isn't he the president? I think it just looks extremely confusing from this side of the ocean.</s>MARCHINI: Why do you think it has not appreciatively affected the value of the dollar?</s>GUYON: Well, actually, I think the euro is a little bit strengthened. But I think, right now, the markets are seeming to take the profits in stride a bit. People do understand that there are those postal votes, as they call them here, or those absentee ballots, which won't get counted until the end of the week. So I think the market does understand that there is uncertainty right now, but it probably will be resolved by Friday. Now, if it is not resolved by Friday, I think we are going to see some major volatility in the markets, and I would suspect that we will see that affect the dollar by that point.</s>MARCHINI: All right, Janet Guyon, "Fortune" magazine, thank you.