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Sunday, August 8, 1999

Creditors to sell shipyard
Creditor banks have worked out a plan for restructuring the shaky Daewoo business group, featuring the sell-off of Daewoo's giant shipyard following a equity-debt swap, bankers said on Saturday.

US charges compel Annan's emissary Shah to leave Iraq
Experienced Indian diplomat Prakash Shah, who has been United Nations Secretary General's special representative in Baghdad, has left Iraq a week after the United States accused him of being a ``partisan'' for lifting sanctions against that country, the Washington Post reported on Friday.

Bill Clinton beware if US targets Bin Laden -- Al-Badr
A Pakistan based militant group today threatened to target US President Bill Clinton if America launches any attack on Saudi dissident and international terrorist Osama Bin Laden who is ``still hiding'' in Afghanistan.


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MSTC wishes you a Happy New Year-->


  At a glance
  Afghan Oppn claims advances in Taliban-held districts
  Conflict may go beyond Afghan border -- UN
  French court rejects Carlos custody appeal
  North Korea adds 40 MiG-21s to its fleet
  Claiming relief for train accidents traumatic
  China get two more with Wang, Liu-Kong
  Fortune tellers nix designer's apocalyptic eclipse prophecy
  Daewoo may raise $3.5 bn through alliance with GM
  Timor rebels to reject pro-Jakarta vote
  Unionists reject IRA ceasefire statement
  Myanmar's army has nothing to fear from civilian rule -- Suu Kyi
  Russian PM orders forces to `normalise' N Caucasus
  Timor rebels to reject pro-Jakarta vote



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