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US economy may suffer if Asian bailout fails
The US government and Federal Reserve chairman Alan Greenspan warned on Saturday that the US economy could suffer if an international rescue effort fails to ease the Asian currency crisis. Treasury secretary Robert Rubin and Greenspan were among the first witnesses as the US Congress began examining the $ 100 billion bailout assembled to help South Korea, Indonesia and Thailand stabilize their economies.
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Patient hearing: Gujral keeps the sick at bay
Never have so many people waited so impatiently for the prime minister to finish his speech. And for the patients of LNJP Hospital in New Delhi, it was a long and painful wait. Patients from far-flung areas stood waiting since early in the morning at Minto Road Crossing for the function to finish as the PM's security guards had blocked all roads to the hospital.
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Voters fear market democracy
A representation made to the President K R Narayanan and Chief Election Commissioner M S Gill has demanded a ban on donations or contributions from corporate bodies for the forthcoming polls to ensure that the role of money power is banished from the electoral process. The representation was presented by twelve citizens of Karnataka, including five retired senior officers of the armed forces, a former vice chancellor and two former ambassadors.
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Villagers demand change in polling date for annual jatra
The famous Mayakkadevi Jatra of Chinchali in Raibag taluk is turning to be a bugbear for district authorities. The villagers of Chinchali have decided to boycott polling if the Election Commission does not postpone polling scheduled for February 16 to avoid an overlap with the jatra season from February 12 to 18.
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