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Drumbeat: Ad Buzzaar
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Wednesday, May 20, 1998
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Patch-up with India, US tells Pak
President Bill Clinton is advising Pakistan to reconcile with India in exchange for American security guarantees to Islamabad if it refrains from testing. In remarks of far reaching significance, Clinton told the well-known British Television host David Frost in an interview on Monday: "I would say help us work with you (Pakistan) to find a way, first of all, to guarantee your security without nuclear weapons, and secondly, to reconcile with India."
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Pak N-test: US knows the where but not the when
Should Pakistan test a nuclear weapon in the coming days, it will take place at a remote site known as Chagai Hills in the western province of Baluchistan. The site, about 2,000 metres above sea level, is watched over by US-built F-16 fighters from a nearby airbase, sold to Pakistan before the country's nuclear ambitions finally forced Congress to stop US military sales.
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Suharto pledges to step down
Indonesian President Suharto on Tuesday pledged to step down after new Parliamentary elections which would be held as soon as possible. "Elections will be implemented as soon as possible," Suharto told the nation in a rare live broadcast. "I state that I am not prepared to be nominated as presidential candidate again," he said.
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Castro fumes at WTO, Hegde applauds
Not that what he says will buck the trend, but Cuban President Fidel Castro on Tuesday threw cold water on a winners trade party when he told them they were strengthening their grip over the global economy at the expense of the poor nations of the world. Commerce Minister Ramakrishna Hegde said that the "utter realism" of Castro's speech had dwarfed the "arrogant" speech by President Bill Clinton who made a two-hour stopover.
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Pressure on Pakistan to go nuclear, says Sharif
Prime Minister Nawaz Sharif has said that pressure is increasing on him "from citizens and political parties to go nuclear", even as world leaders are advising him to exercise restraint. Sharif said that since carrying out five nuclear tests last week, Indian leaders had been threatening Pakistan every day. He particularly took exception to Indian Home Minister L K Advani's warning on Monday not to meddle in J&K given the altered "strategic" situation in the subcontinent.
GM ordered to pay $33m in Florida lawsuit
A Florida jury ruled that General Motors Corp must pay $33 million in damages to a family that sued the auto maker over the death of its 13-year-old son in a 1991 accident. The Broward County Circuit Court jury awarded no punitive damages in the wrongful death suit, filed by Constance and Robert McGee of Pembroke Pines, Fla., over the death of their son Shane in a car fire.
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 Indians gloating over nuclear tests irritates US
Albright, Arafat fail to break deadlock
Clinton lied under oath in bank fraud trial
Admit India to nuke club
World Vignettes
Prince Ranariddh endorses election boycott
Americans blame themselves for Indian nucler tests
Japan Govt moves chief scandal investigator out of Tokyo
CTV screens secret film on Chinese police brutality
Forest fires destroy vast area in Mongolia
Globe Trotting
Japan, Indonesia crises may see yen weaken to 140 against dollar
Spectre of fresh debt crisis in Korea looms large, say economists
Concerned IMF keeps watch on Indonesia situation from the aisles
Anti-trust chief Klein is tough Microsoft foe
Asian crisis hits foreign investment in China
Textile imports register steep increase
Finance ministry to look into Bengal coal royalty issue
Indonesian palmolein market paralysed
For Netscape browser business, anti-trust suits may be a bit
Innovative technology ushers in new oil boom in Alaska North slope
Raw cotton prices rise slightly in Europe
Rockefeller, Bill Gates show capitalism isn't competition
Students boo as president Suharto stays
Georgia wheat exports look up
Thai media urges Suharto to quit
China copper futures down in line with LME slide
World Briefing
Country deplores use of anti-dumping measures
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