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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?

To: JD who wrote (2632)	2/12/1998 9:49:00 AM
From: bill718	Read Replies (2) \| Respond to of 4718

The fires may not affect us as they did not seem to hold up exploration last year. The current fires are burning in areas which had sent smog across Singapore and Malaysia for weeks last year, cutting out the sun, slashing tourist traffic, and causing eye and lung problems. The riots are cause for concern, but "hundreds of people" only represent a very small percentage of over 200M, and Soeharto has the military on his side... In Jatiwangi, hundreds of people took to the streets and set fire to at least five shops owned by the ethnic Chinese minority and some cars in protest against food price hikes, residents said. It was the latest in a series of flare-ups across the Moslem-majority nation of 200 million people as inflation and unemployment spread because of the intense economic crisis aggravated by drought. Shops have been looted and set on fire in several towns across Java and the islands of Flores, Sumbawa and Sulawesi in recent weeks after rises in prices of rice, cooking oil and milk. Suharto, a 76-year-old former army general facing the most testing period of his 30-year tenure, spoke of a plot by certain groups to destabilise the government. ''We are currently facing economic and monetary turmoil... There is even a hope that this economic and monetary turmoil will lead to a crisis against the government,'' he told the country's military elite. ''Take stern action against those who violate (the law) and carry out unconstitutional actions, especially those which lead to national disintegration,'' he said. The military, which is guaranteed a political role under the constitution and is the most powerful institution in Indonesia, meanwhile announced that a former close Suharto aide would be its new commander-in-chief. **************************************************************** Regards, Wayne