Sunday, June 14, 1998
Jaswant, Talbott skirt contentious issues
It's still a long long way before happy days will be here again, but some of the blues over Indo-US relations appears to have lifted with the first high-level political contact on Friday between New Delhi and Washington after India's convulsive nuclear tests last month. At least that was the impression one got after hearing the Indian version of the talks following a two-and-a-half hour meeting between Acting Secretary of State Strobe Talbott and BJP leader and special envoy Jaswant Singh.
"G-8 plans to rubber stamp US policy on India N-tests"
The invitation of the world's eight most powerful countries to four developing countries to join their gathering has been dismissed by peace campaigners as a bid to "rubber stamp" the major powers' policy on Indian and Pakistani nuclear tests. This becomes evident from the fact that these countries were invited only to the lunch and not to the actual discussions meaning that these four countries had no input into the final communique.
China's foreign exchange reserves hit $141 billion
China announced on Friday that its foreign exchange reserves hit $140.91 billion at the end of May, but its torrid pace of increase levelled off amid Asia's financial crisis.
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