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Monday, July 6, 1998

Chandrika may put off local polls
The government is set to postpone local elections that could have been a crucial popularity test for President Chandrika Kumaratunga and her ethnic peace plan, political sources said on Sunday. Nominations closed on Friday for two of the five provincial councils that are due to go to the polls in August, but Elections Commissioner Dayananda Dissanayake made no announcement of holding the ballot.

Aussie MPs for trade with India
Notwithstanding Indian nuclear tests, an Australian Parliamentary Committee has recognised New Delhi's growing strategic and economic importance and asked the Australian government to advance its commercial interests in India. Stating that nuclear tests were a `comma' in bilateral relations, it urged Prime Minister John Howard to head a ministerial delegation to India to promote the business interests.

More than Duma, it's the rouble that threatens Yeltsin
President Boris Yeltsin is facing growing pressure from his political rivals as Russia enters into a new decisive phase of financial and economic crises with the Kremlin's awaiting $ 15 billion bailout by International Monetary Fund and the World Bank. Not only Opposition but also liberal media is now describing the situation in the country as "crisis of system" similar to the last days of the Gorbachev regime which led to the disintegration of the Soviet Union in 1991.


Sardar Sarovar Narmada Nigam Ltd.

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