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States

Thursday, October 8, 1998

World leaders favour policing nations via rating agencies
Even as world leaders at the annual IMF-World Bank meeting argue for greater financial disclosure, a general consensus is emerging that the fund must not blow the whistle on errant economies.

Clinton asks developed nations to help out Asia
Associating the US administration with efforts to meet the challenge of global financial crisis, president Bill Clinton has urged industrialised countries to help restart growth in Asia by helping restructure firms paralysed by crushing debt and replace debt with equity.

Edgy Democrats may desert Clinton to please voters
US President Bill Clinton faces large scale desertions by Democratic legislators as the recommendation by the Judiciary Committee for an impeachment inquiry against him comes up for vote before the full House of Representatives today.


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  Milosevic defiant, NATO strike looms
  London bus driver may be en route to Booker prize
  Violence hits Karachi as MQM activists protest leaders' killing
  Albright hopes to clear way for W Asia deal
  Taliban may put Laden on trial
  Russian governors ask Yeltsin to resign
  Karamat remark
  Mahathir hits back at US over Anwar protests
  Intimations of mortality
  Pak Army chief quits
  "It will be better if you try the Yellow Pages"
  Grichard Wagoner to head new GM unit, takes lead for CEO job
  Internet threatens to decimate tax coffers
  Advanced Micro reports surprise profit
  Guangdong failure sparks alarm in China
  Loewen warns investors about earnings again, shakes up board
  World Briefing
  Russia trims sunflowerseed output estimates
  Asean meet opens with free-trade promise
  `New rouble trade a success, rate stable'
  World leaders mull global economic meet by year-end
  Tokyo leads Asian markets higher; Nikkei up 6.2%
  Centre dismisses fears about US-64
  Bretton Woods institutions have failed, says Sinha

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