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Tuesday, August 18, 1998

Can Slick Willie do an Artful Dodger in Monicagate too?
An unsurpassed reputation as an artful dodger and a skilled manipulator is on test this afternoon as US President Bill Clinton has -- at the time of writing -- just walked in the White House map room to testify in camera before a Grand Jury investigating his conduct.

Rouble trouble for Yeltsin
Russia today devalued the rouble for all practical purposes, risking political and social crisis which might shake the government in coming weeks. Making unexpected fiscal policy changes, the government, in a joint agreement with the central bank, announced a new floating exchange rate for the rouble, fixing a corridor from 6 to 9.5 to the dollar.

Americans begin to leave Pak on US orders
The United States has begun evacuating all its citizens from Pakistan, save essential diplomatic staff, following the arrest in Karachi of a suspect in the Nairobi bombings and the fear of reprisals against American targets.


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Global Tenders invited by MSTC


  Bangla border forces on alert
  Report of Indian crew's release false
  Albania has quit the OIC, says Prime Minister
  Clinton's job approval rating strong despite sex scandal
  Clutch of property firms could slip into the red in Singapore
  Gates pinpoints date of browser decision
  TransFinancial fends off takeover bid
  Russia declares rouble float, debt moratorium
  Malaysia Q1 current account surplus 6.6 bn
  Telecom NZ expected to record a flat Q1 profit
  Sri Lanka govt takes over loans of textile firms
  Insurers face Indonesia riot claims standoff
  Romania leaders split over Bell helicopters deal
  World Briefing
  Dubai eyes strong gold demand after India monsoon
  Kuwait oil body to hold KPC board talks
  Subdued Malaysia inflation could mean rate cuts
  Irony that's Russia
  Stock-hoarding, inflation hit Nepal's citizens
  Japan economy stagnant, bold reforms needed
  Russia devalues rouble, freezes external debt
  Rouble devaluation likely to eat into export earnings of key corporates
  Rouble devaluation adds to panic list; Japan leads regional market slump
  Market intervention a smear on Hong Kong's reputation
  Commodity Briefing

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