Japan may be mired to open rice market

WASHINGTON Apr 3 The Rice Millers Association want. President Oeorgr Bush to

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HJMOcompanimgo bankrupt in UK

LONDON April 3 Almral 8.000 companies went bankrupt tn England and Wales in the first three months of this year, a record high since statistics were started in 1980. financial Information group Dun and Bradstreet said Tuesday, reports AFP.

A total 6f 25.000 compuns -failed In 1990 but thia Mill rise to 40.000 this year. I Is study said.

Japan sends more war funds

TOKYO. April 3: Japan dis burned an additional 324 billion Yen (2.3 billion Dollars) to the United States and Britain Tuesday as part of Its contribution Io the Gulf war. a Foreign Ministry official said, reports AFP

Che latest contribution lol lows the disbursement of 794 bilhon YenT5 7 billion Dollars) to the United Slates on March 22 which together accounts for 96 per cent of the 1.17 trillion Yen (8 4 billion Dollars) pledged by Japan.

UAE*s oil output up in 1990

ABU DHABI. Apr). Oil pro duction by the United Arab Emirates. (UAE) peaked at 850 million barrels in 1990 as a result of the Gulf War a local report and oil sources said, reports AFP.

But revenues remained far less than those in 1980. when oil prices were at their highest level - above 40 dollars a bar rel. according to a report from the United Arab Emirate of Dubai's Chamber of Commerce and Industry.

Soviet unrest hits trade with Cuba

HAVANA. April 3: Political and economic turmoil in the Soviet Union is disrupting supplies to Cuba of key raw mil crisis like wood and steel, Culam President Fidel Castro said Monday night, reports Reuter.

In a speech opening a new refrigeration plant at Aiquizar outside Havana. Castro referred to "the chaos which has been created in the Soviet Union." the communist -ruled Islands' main ally and economic partner.

Dealings with some banks discouraged

MANAMA. (Bahrain). April 3: Saudi banking authorities are discouraging dealings with some foreign financial institutions that pulled out of the Kingdom after Iraq's August 2 invasion of Kuwait. Gulf-based banking sources said Tuesday, reports AP

The sources, who spoke on condition of anonymity, said a list of the institutions was compiled and presented by the Saudi Arabian Monetary Authority (SAMA) at a meeting about a month ago with the Kingdom* 12 commercial banks SAMA acts as the central bank

Kuwait’s phone service restored

MORRISTOWN (NJ). Apr 3 : American Telephone and Telegraph Co (TN) said for the first time since Iraq s invasion of Kuwait last August, telephone calls can be made into Kuwait from the United States and Kuwaitis can make outbound calls from their homes, reports Reuter.

International inbound traffic was restored on April 1. at 1900 GMT. while outbound traffic began again on March 2. wtllun 48 hours of the liberation of Kuwait. AT and T said.

Panama to sign drug money pact

PANAMA COT. April 3: US and Panamanian officials have agreed on the terms of a treaty that will enable Investigations Into drug money laundering but otherwise makes few changes In Panama s accretive banking system, officials said, reports AP

The signing ceremony, which a Foreign Ministry off! cial said s«»ukl occur Monday will mark Ihc end of more than a year of arduous bargain Ing In which the United State, unsuccessfully tried to pry open the isthmus nations banking ks Insure system