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Pastimes : Ask Mohan about the Market

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To: Dayuhan who wrote (16569)9/30/1998 6:04:00 AM
From: Link Lady   of 18056
 
Russia's Fyodorov Says IMF Won't Release Next Loan Installment

Question: What is it we can earn?

Fyodorov: ''On the one hand, the government understands
it's a dangerous game. On the other, they owe 40 billion rubles
($2.5 billion) to people financed from the budget (state
workers) and 20 billion rubles ($1.25 billion) to the
pensioners. There's also national defense, investments that the
government must spend money on. The absolute minimum we need is
80 billion rubles ($5 billion). If they print this much money --

news.com
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