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Investor's Business Daily

| January 02, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

U.N. Security Council delays vote

to eliminate sanctions on Libya

Developing nations on the council want to end the sanctions, not just suspend them. The trade restrictions were imposed after the 1988 bombing of Pan Am Flight 103 over Lockerbie, Scotland. The measure to lift the sanctions, introduced by Namibia on behalf of Non-Aligned Movement members, was not put toa vote as planned. Next week Namibia leaves the 15-member council, which rotat

es five members each year. Both Britain and the U.S. said they would oppose themeasure until the trial of Libyan suspects in the attack has ended.

Taiwan's premier might resign

Chang Chun-hsuing, the Republic of China's third-ranking official, responded topressure on his government to end a feud with the legislature. He said he'd consider resigning. Lawmakers in his Democratic Progressive Party have begun suggesting that the party form a coalition government with the Nationalist Party, ...

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