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Saturday, May 16, 1998
  Breathe easy as US cools down
The firestorm of criticism and protest over India's nuclear tests has begun to abate even as the Clinton administration holds its breath over the prospect of Pakistan conducting retaliatory tests. A better understanding -- if not support -- for India's venture has come from the most unexpected quarters: From House Speaker Newt Gingrich, the Dalai Lama and former Secretary of State Henry Kissinger, among others.
  G-8 may not bombard Delhi with sanctions
Britain has said that the G-8 countries -- which include the US, Japan, Britain, France, Germany, Italy, Canada and Russia -- will not impose US-style economic sanctions against India. The announcement follows President Bill Clinton's statement that he hoped that the action that the G-8 agreed on would be ".. as strong and unambiguous as possible."

Jakarta riots claim over 200
Riot-hit Jakarta continued to be in throes of violence as over 200 people were feared charred to death in the departmental store fires started by looters even as president Suharto ordered tough actions against rioters and looters to put an end to the anarchy.
Americans told to leave riot-torn Jakarta
The US State Department has advised American citizens on Friday to leave Jakarta, where the unrest that exploded over surging prices and public anger against President Suharto continued for the fourth straight day. A statement issued by the US Embassy in Jakarta also called on US citizens to leave the second largest city, Surabaya.


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Albright, Netanyahu fail to reach breakthrough
An intensive effort by US Secretary of State Madeleine Albright to reopen peace talks between Israel and the Palestinians ended without a breakthrough. However, Prime Minister Benjamin Netanyahu said on Thursday afterwards he has identified what territory Israel can safely give up and probably will make concessions to reach an accord.
Estrada maintains lead as violence mars Philippine poll
Vice-President and former actor Joseph Estrada, the main opposition presidential candidate, kept his strong lead today in vote counting by a poll watchdog group. Scattered violence, however, continued to undermine what officials say was one of the Philippines' most peaceful general elections.

 


  N-tests, Asian currency crisis top G-8 agenda
  Japanese cos halt Indonesian operations
  Indian juniors take the lead
  Anand to go all out
  Jansher ready to play in any city
  Zola sends reminder to Maldini with 18-second performance
  World Vignettes
  Lanka stands by India, raps West for slapping sanctions
  Move to repeal Pressler law
  Hundreds held as Pak stir turns violent
  Now, Pak says no haste for N-test
  Chairman of the board retires
  Fireside chat to firefighting
  Cable & Wireless forges contractual pact with Videsh Sanchar
  Indonesia commodity movement stalled
  Robusta futures rally on 11-month peak on buying squeeze
  Australian commodity market buoyed
  Indonesia unrest seen boosting tin prices
  Hewlett-Packard stock falls on profit warning
  Ameritech, Qwest form alliance
  US seen unlikely to impose Total sanctions
  Japanese firms halt operations in Indonesia
  Hong Kong blue chips eyed amid slump
  Honda profit seen firmer, Toyota weaker
  Times Mirror invests in rival
  Indonesia crisis likely to put yen under pressure
  Mexican economy on a roll in face of south-east Asian crisis

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