Suharto to seek reelection

Jakarta - Indonesia's President Suharto agreed yesterday to seek re-election in March as his country faced a renewed financial…

Jakarta - Indonesia's President Suharto agreed yesterday to seek re-election in March as his country faced a renewed financial crisis, prompting fresh calls for him to step down. A ruling Golkar party spokesman said the president had agreed to accept a nomination for a seventh term to the office he has held since the mid-1960s. However, the upsurge of financial turmoil, sparked by the rupiah's fall below 10,000 to the dollar for the second time this month, could create unrest in the run up to the March presidential elections, analysts said.

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