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Saturday, July 11, 1998

US lifts sanctions on agro products
The US Senate on Thursday voted overwhelmingly to exempt food exports to Pakistan and India from sanctions that was imposed following the nuclear tests by both the countries. The immediate beneficiaries of the bill will be grain farmers in the US, who sell significant quantities of wheat to Pakistan. President Bill Clinton also indicated that he was looking for a further easing of sanction in other areas.

Britain clamps down on Nuke exports and contacts with India
The British government has said that it is "cautious over contacts between British nuclear industry official and Indian and Pakistanis" and that it will "discourage" all contacts between British nuclear scientists and nuclear personnel and Indian and Pakistani scientists. Visits by Indians and Pakistanis to British nuclear facilities are also to be banned.

Sonny Mehta tipped as New Yorker Editor
One of the most storied jobs in the world of journalism may go to an Indian. Sonny Mehta, editor-in-chief of the publishing firm Alfred Knopf is tipped to become editor of the New Yorker. Although there are many contenders for the fabled job, which fell vacant following the resignation on Tuesday of Tina Brown, industry grapevine puts Mehta on top of the list.


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  Cover still on Clinton case papers
  Sunday's poll may upset Hashimoto
  Move seen as ploy to save American wheat
  Referee Belqola's distinction
  Moynihan discloses Nixon's pro-Pak pact
  The US version
  Cautious Thai policy needed, says IMF
  US Fed governor calls for conservative approach to monetary policy
  Japan to host global bankers' meetings to discuss Asia crisis
  US senate votes in one voice to free farm credit from sanctions' ambit
  General Motors presses to settle strike
  Troubled Indonesian carrier Garuda likely to slash its fligh
  Chrysler's Japan unit in pact with Toyota dealer
  Jaswant, Talbott conclude talks
  Britain may join single European currency before next genera
  Singapore luxury car sales, prices plummet
  Indonesian coconut oil stable
  Broken Hill set to kick off diamond output from Ekati
  Japan's economic crisis pushes down Asian metals
  Won's recovery may derail South Korean metal exports, say analysts
  Seoul car-makers may hit speed bumps in H1
  Gas oil swaps ease on lack of demand

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