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States
Friday, May 8, 1998
  Yeltsin snubs Left again in key posts
All the three bete noires of the Russian Left have been entrusted with key posts by President Boris Yeltsin after getting his nominee Sergei Kiriyenko elected premier by the Duma recently. Anatoly Chubais has been appointed chairman of Russia's vast industrial sector, Boris Berezovsky has become executive secretary of the "Commonwealth of Independent States," while Boris Nemtsov has been retained Deputy Premier. 		  US lawmaker calls for review of ties with Pak
The United States has to reassess its relationship with Pakistan and stop "appeasing" it in view of the recent test firing of Ghauri missile and reports that Islamabad had offered to share nuclear arms technology with Baghdad, Congressman Frank Pallone has said.

Benazir party workers held
A number of opposition leaders and workers have been arrested and warrants issued against some others, triggering apprehension of a major showdown between the Nawaz Sharif Government and Pakistan People's Party (PPP) of former premier Benazir Bhutto. 		Jakarta Burning: Riots propel Govt towards reforms
Thirty years after students took to the streets of Paris in a bid to overturn the social order, their counterparts in Indonesia are seeking to do the same. They won a victory of sorts on Thursday when Army chief General Wiranto told a news conference that he had met the members of the military faction of Parliament to discuss preparations for a platform on reform.


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Daimler, Chrysler agree on $40bn merger
Germany's Daimler-Benz AG confirmed on Thursday that it would merge with Chrysler Corp on a deal worth $40 bn to form the world's fifth-largest car producer, headquartered jointly in Stuttgart and Michigan. The new company, to be called Daimler Chrysler, would enhance earnings for shareholders in both companies and result in cost savings of 2.5 bn marks ($1.4 bn) next year.
Piracy curbed Asia's economic growth, shows software study
The Business Software Alliance (BSA) said on Thursday software piracy had cost Southeast Asian economies millions of dollars and thousands of jobs. "Software piracy cost Southeast Asian governments over $246.3 million in tax revenues in 1996," BSA said in a report examining the contribution packaged software made to the economies of the region.

 


  Pak Bishop ends life to protest death rap for Christian youth
  Chinese aid for Kerala
  Pakistan to export power to India
  Apart from Bard, who will host modern-day Romeo & Juliet?
  Benz, Chrysler merge to form car giant
  US meeting lands in trouble as Netanyahu wants more time
  Origin of man is also the beginning of conflict
  Apple Computer unveils Jetson-like Mac in bid to regain mkt position
  America Online Q3 earnings well ahead of expectations
  Hyundai to generate $8.48bn foreign capital
  Aetna Inc Q1 earnings fall 8.4 per cent
  Murdoch's News posts Titanic profit surge
  Excessive coffee tree planting strains irrigation facility in Vietnam
  Stale bears push gold prices further down
  World Briefing
  An end to Japan realtors' nightmare likely
  Riots rocket Indonesia cooking oil price

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