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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.07

+0.7%

Jan 16 4:00 PM EST

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To: goldsnow who wrote (13719)	6/24/1998 5:34:00 AM
From: Alex	Read Replies (2) of 116885

Reported on Russia Today's website: "New Russia Rescue Would Drain IMF Reserves"; this story has now expired so here are some excerpts: WASHINGTON -- (Reuters) U.S. Treasury Secretary Robert Rubin warned on Friday that a new Russian rescue package could drain already low resources of the International Monetary Fund and urged Congress to make more money available fast... "If there is a (new lending program) in Russia, that obviously would deplete the resources further and expose the United States to risks that are totally nonsensical to take," Rubin said in an interview... "It is absolutely and totally imperative to our interests to get the necessary funding into the IMF," Rubin said. "You have an unprecedented situation. We've never had, at least in recent times, this many countries having difficulties at the same time."... Have you seen Rubin quoted with use of such "direct" language in the mainstream media? users.dircon.co.uk

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