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Tuesday, December 1, 1998

Pak turns to spin on Washington's sticky wicket
With two of the finest fast bowlers in the world in its ranks, Pakistan's cricketing forte is pace. Its foreign policy is a different ballgame. Shorn of much diplomatic vision, enterprise or insight save India-bashing, a country that is fast being written off as an economic basket case, a failed nation, and even a criminal enterprise, has a new trick up its sleeve: Spin.

Oust Sharif, Benazir urges Punjabis
Pakistan's opposition alliance is all set to launch the final round of its movement against the Nawaz Sharif government in mid-December. Former prime minister Benazir Bhutto laid the groundwork for the campaign in Lahore on Saturday, urging Punjabis to "get rid of Sharif to save the country".

Reprieve for Anwar's defence counsel
A defence counsel of ousted deputy premier Anwar Ibrahim won a last-minute reprieve against a three-month jail sentence for contempt of court, as hundreds of lawyers descended on the main courthouse.


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  European spot gold prices may shoot up
  Fall in Chinese copper stocks fails to cheer traders
  Opec members turn foes, beat war-drums
  Mergers, acquisitions pull up European stocks
  Australian bank merger frenzy fades away
  Russia to use Re funds to buy goods from India
  Japan opens mutual fund market
  Deutsche Bank seals Bankers Trust buyout deal for $10 bn

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