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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (15986)7/10/1998 7:50:00 AM
From: John Hunt  Read Replies (1) of 18056
 
Yeltsin acts on many fronts to ease crisis

biz.yahoo.com

<< President Boris Yeltsin sought support from foreign leaders on Friday to overcome a severe economic crisis, and said Russia could crush any ''extremist'' attempt to seize power.

Yeltsin, who has said the crisis might be dangerous socially and politically, also decided to stay in Moscow next week and take his summer holiday later.

''Russia needs strong authority rather than a strong hand,'' he said in televised remarks to senior military officers at a ceremony in the Kremlin.

Yeltsin said the officers were ''a reliable support'' both for Russia and for him personally.

''We have enough force to cut short any extremist plans to seize power,'' he said. ''They will fail.''

The 67-year-old leader is known for his acute sense of political danger, and his burst of activity indicated Yeltsin saw an urgent need for his personal intervention. >>

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