1Telecom has been sold for $4.25 billion, with the majority of the company being sold to American companies. Finance Minister David Caygill has hinted strongly at the possibility of pre-election tax cuts thanks to the sale of Telecom, although he has given no specifics. Opposition leader Jim Bolger wants to return the control of Telecom to New Zealanders, but has not given details as to how this would be done. Interview with Freightways Chairman Alan Gibbs.

2The latest One Network News Heylen poll is depressing reading for the Labour Government. Interview with political reporter Richard Harman about the latest poll results and the sale of Telecom.

3Thousands of demonstrators took control of key Government buildings in Bucharest today, leading to a violent crackdown by police which cost seven people their lives, and injured dozens more.

4It is no longer hoped that two fishermen missing off the coast of Auckland may be found alive. Their lifejackets washed ashore today and their upturned boat has been spotted.

5Wildlife experts say a multi million dollar illegal bird smuggling trade is operating in New Zealand.

6In Brussels, a five day old abandoned deer has been adopted by a family cat who had just given birth to a litter of kittens.