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Saturday, October 3, 1998

Indian missile project now unstoppable: US
India's industrial base is now "sufficiently advanced'' to the extent that technological sanctions can only delay the progress of its ballistic missile programmes, according to a US Congressional Commission report. The report says that India has acquired and continues to seek Russian, US, and Western European technology for its missile programmes.

James Wolfensohn all praise for India's stewardship of the economy
World Bank president James Wolfensohn has praised India's stewardship of the economy and said it had chosen a very good course and done very well at a time when many other countries were in financial distress.

Pak only honest broker in Afghanistan, says minister
Despite Iran having recalled some of its diplomats from Islamabad, Pakistan's information minister Mushahid Hussein sounded optimistic about his country's ties with Iran saying that the possibility of a war between Iran and Afghanistan had receded.


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  Tibet rules out Lama links with CIA
  Clinton can only waive farm curbs
  Australia's ethnic press against government
  Anwar's ally resigns party post
  Undeterred by toll, Lankans see no option to war
  Cops nab Gawli gang pretenders
  US sees threat in Chinese missile transfer to Pak
  Yugoslavia offers new cooperation in effort to stave off NATO attack
  Piqued Clinton raises offer to settle Jones suit, says Post
  Sri Lankans want fight to the finish with LTTE
  Harried Sharif gets tough on the press
  Liz the lionheart
  People
  We weren't always this way
  S Korea's GDP contraction set to deepen
  Winbond gets into DRAM as others exit
  World Briefing
  Japan's Lower House panel passes key banking bills
  Rubin calls for burden sharing among nations
  Police begin probe against Anwar
  Sumitomo Corp signs $600 m credit line
  Global concerns hit European bourses
  Philippine Airlines set to take wings
  Fears of yuan tumble leads corporates to stash away forex
  Asian crisis seen hurting technology companies
  South Pacific tyre group re-opens Victoria plants
  Current, not fiscal, deficit is key
  Nation's economy on sound wicket, says Wolfensohn
  Mallya likely to sell Kenyan paints firm
  Dow dives, Europe embittered, dollar dodders against mark
  Compaq sees decade of life in Alpha chip
  Efficient debt management, end of corruption figure high on Commonwealth meet
  Call for global financial emergency mechanism to counter crises
  Thailand softens stand on INRO membership
  PNG Lihir sees gold mining cost rising this year
  Resumption of Bass Strait oil production delayed
  Australian sugar staggers in rough weather
  Tin premiums fall to spurt offtake
  Japanese sugar demand seen shrinking
  Demand slowdown hits US refineries

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