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Wednesday, October 21, 1998

Nigeria inferno victims buried in mass graves
The first group of victims of the explosion and fire at a fuel pipeline in Nigeria that may have claimed as many as 600 lives have been buried in mass graves, radio reports said yesterday in the West African country.

IMF puts off Pakistan visit, economic package in trouble
A much-awaited economic bailout package for cash-strapped Pakistan was in jeopardy yesterday as the International Monetary Fund (IMF) indefinitely postponed a planned visit.

Euro liquidity fears grow among bankers, officials
European bankers and officials have become increasingly concerned that the euro's birth at the turn of the year might spark a liquidity shortage among banks and investment firms. With just over two months to go before 11 countries join a common currency, monetary authorities say the uncertainties associated with the euro's introduction could lead firms to curb sharply their trading activities ahead of January 1.


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  West Asia summit
  Colombia blast
  Mahathir warns Anwar's wife not to risk arrest
  Pinochet vows to fight extradition
  Imran-Jemima marriage on sticky wicket
  Yeltsin under pressure to hand over powers to PM
  Millions funnelled into Sharif's businesses
  At a glance
  World Vignettes
  Markets, meltdown and Marx
  US trade deficit widens
  Strong networking product sales propel Ascend Communications Q3 earnings
  US government lashes out at Bill Gates
  Alcatel effect baffles overseas investors
  Deutsche Bank may buy out US bank
  Ford unveils ultra-chic concept car
  World Briefing
  Korean importers on grain-buying spree
  SEC chief sees further hedge fund debacles
  Russia mulls seasonal sugar import duty
  Spanish barley prices shoot up
  China pledges gradual financial sector opening
  IMF defers Pak visit, puts bailout plan in jeopardy
  Belarus seeks IMF help amid Russia crisis
  Shell closes solvents plant in Australia
  Asian stocks end higher; Korean shares up 3.9%

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