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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Stitch who wrote (3981)5/29/1998 12:18:00 AM
From: Ron Bower  Read Replies (1) | Respond to of 9980
 
Stitch,

I just watched the Pakistani Ambassador to the US being interviewed on Nightline. Very much like the interview of the Irani Ambassador when Iran invaded Kuwait.

Also saw some US diplomat explaining US position. I don't think he;s reading news reports or listening to the Pakistani Ambassador. Kept saying we've imposed sanctions and they'll work. The Pakistani had a 'go ahead, we're ready for anything you want ot throw at us' attitude.

Not an encouraging half hour and not enough coverage in US media about the situation there. More concerned about who's testifying in front of the Grand Jury than a possible nuclear war.

Other reports coming across wire do not indicate the situation to be nearly as serious as the article indicated. I certainly hope not.

Ron



To: Stitch who wrote (3981)5/29/1998 12:46:00 AM
From: B Tate  Read Replies (3) | Respond to of 9980
 
Stitch

On another note, received a social call from a friend on Wed. night. This fellow is fairly well connected ( some kind of royalty actually)and from Terengannau (sp?). It is his firm belief that WHEN dr.M goes it will not be Anwar as successor.

Apparently Anwar has really pissed of the Sultan of Brunei to the point that there have been several discussions within UMNO about Anwar's future. The Sultan has another favorite in a past Minister of Foreign affairs or something or other. Don't remember the fellow's name but apparently was the heir apparent some time ago, fell out of favor with the good Dr. and is now re-emerging as a power broker within UMNO. With the Sultan's blessings.

He is apparently very intelligent, soft spoken, well regarded by all and is not a western antagonist. His experience in Foreign affairs will give him credence outside Malaysia as well.

The Sultan carries a lot of weight, as you know, due to his financial involvement with several of the big conglomerates. His real estate holdings in KL alone are astronomical by any standards. As he is a relatively young man - mid forties I believe - is does not show the patience of the older generation. He really does not see the dwindling billions as a funny subject. Pun intended.

The other fly in the ointment as far as Anwar is concerned is his conservative views on religion. It is felt that a more moderate leader will be necessary, since the economic situation will likely raise the racist issues to a more serious level. A calm non-sectarion approach would be welcome to most of big business here.

Apparently they(local business leaders) understand that turmoil will cause everyone to loose money. Dr M's comments aside (previous post), capitalism is alive and well in KL and will be the driving factor.

Regards
bt