October 21, 1998

			EDITORIAL: "YES TO PEACE..NO TO WAR, DEATH AND DESTRUCTION"   KING FAHD CALLS FOR MUSLIM STATES TO SETTLE THEIR DIFFERENCES THROUGH CONSTRUCTIVE DIALOGUE AND BROTHERLY UNDERSTANDING.   A FULL AND SUCCESSFUL OFFICIAL VISIT FOR CROWN PRINCE ABDULLAH IBN ABDUL AZIZ TO CHINA. SHARED VIEWPOINTS ON THE PEACE PROCESS, THE PROBLEMS OF IRAQ, REGIONAL TENSION, ECONOMY, INVESTMENT AND OIL.   PRINCE SULTAN IBN ABDUL AZIZ: SPREAD PEACE AND FRIENDSHIP, NOT MISSILES OF DESTRUCTION. AMERICAN SECRETARY OF DEFENCE COMMENDS SAUDI EFFORTS TO DEFUSE SYRIAN-TURKISH TENSION.   PRINCE NAYIF IBN ABDUL AZIZ: THE KINGDOM IS FOUNDED UPON HARD WORK, SACRIFICE AND LOYALTY AND NOW POSSESSES CENTRES OF SCIENCE, CULTURE AND EXCELLENCE. PRINCE KHALID AL FAISAL: TOURISM IS NO MORE A LUXURY.   IN A SPEECH HE MADE IN LONDON: FOREIGN SECRETARY ROBIN COOK: THE WEST SHOULD REMEMBER THE DEBT OUR CULTURE OWES TO ISLAM.   THE SAUDI MINISTER OF PETROLEUM AND MINERAL RESOURCES: WE HAVE BEEN SUCCESSFUL IN STOPPING THE FALL IN PRICES AND WE HAVE PROPOSED A NEW IDEA WHICH IS BASED ON CO-ORDINATION BETWEEN THE EIGHT MOST IMPORTANT OIL PRODUCERS. OPEC NEEDS LEADERSHIP AND IT HAS TO GET AWAY FROM POLITICISING OIL. THE MINISTRY OF INTERIOR IN SAUDI ARABIA DENIES WHAT HAS BEEN PUBLISHED IN A YEMENI NEWSPAPER ABOUT NATURALISATION. HARD ATTEMPTS TO CONTROL THE CHAOS WHICH IS HAS SPREAD THROUGH THE INTERNAL SITUATION IN YEMEN. THE WORLD FACES THE THREAT OF A GLOBAL RECESSION. THREE TO FOUR YEARS OF ECONOMIC TENSION UNTIL THE NEXT CYCLICAL UPSWING TAKES HOLD. THE ARAB WORLD IS LESS SUSCEPTIBLE TO THE SUDDEN CHANGES IN THE GLOBAL MARKET. IN BRIEF