Gandhi widow declines leadership of Congress Party
Sonia Gandhi, 43, Italian-born widow of Rajiv Gandhi, refused an offer to become president of the Congress Party after his assassination. The move leaves the party in crisis as it seeks a new leader amid riots and security crackdowns following the Tamil Nadu rally attack.
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New Delhi
India
Rajiv Gandhi
Congress Party
United News of India
Sonia Gandhi
Mr. Gandhi
Congress
Gandhi
Indira Gandhi
Tamil Nadu
Saudi Arabia seeks local loan to cover Gulf War costs
Saudi Arabia aims to borrow 2.5 billion dollars from Saudi banks to repay Gulf War expenses the Western diplomat said. This would be the first dollar loan from local banks after a foreign loan of 4.25 billion earlier this year. Executives from National Commercial Bank and Riyad Bank are engaging smaller banks to participate.
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Saudi Arabia
Manama
Bahrain
National Commercial Bank
Riyad Bank
Saudi Arabian Monetary Agency
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