Clinton -- doomed & wagging, Japan collapses, Y2K bug, etc Message Board

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Politics : Clinton -- doomed & wagging, Japan collapses, Y2K bug, etc

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To: SOROS who wrote (355)	9/18/1998 9:09:00 AM
From: SOROS	of 1151

The Telegraph - London - 09/18/98 By Marcus Warren in Moscow PRESIDENT Yeltsin has ordered his interior minister to prevent mass disorder on a nationwide day of protests calling for his resignation. After a meeting with the Russian leader, Sergei Stepashin promised to block any attempt to "explode the situation in the country" and stop action "which could cause a threat to the state". His comments were the first by a senior government official to betray real concern that demonstrations organised by Russia's Communists and trade unions for October 7 could get out of hand. He said the authorities would move decisively to stop any attempt to block railway lines or main roads, a tactic successfully adopted by miners protesting at wage arrears earlier this summer. Demonstrations held in military installations, a real danger when officers have not been paid for months, would be banned too. The warnings of tough action against troublemakers came on a day of increasing concern about Russia's chronic economic difficulties. Mr Yeltsin saw the effects of weeks of financial instability for himself when he stopped his motorcade and made a rare visit to an ordinary shop. He earlier predicted that it could take another week to finalise the make up of the cabinet headed by Yevgeny Primakov, Russia's Prime Minister. The identity of the next finance minister appeared to be a stumbling block. He will have the daunting task of curbing government spending when the state owes workers billions of pounds in unpaid wages and voices are calling for roubles to be printed to reflate the economy. Boris Nemtsov, a prominent liberal in the last government, said Russia was on the brink of hyperinflation as official statistics showed that prices rose by 43.3 per cent in the first half of this month. The threat of yet more financial chaos and fears of a reversal of economic reforms dominated yesterday's visit to Moscow by European Union foreign ministers. Klaus Kinkel of Germany, Wolfgang SchYssel of Austria and Joyce Quinn, minister of state at the Foreign Office, were the first senior Western government representatives to meet Mr Primakov in his new post. They also saw Yuri Maslyukov, the government's economic supremo, and the first Communist to hold so senior a position for seven years. Fears of a Communist backlash prompted Boris Berezovsky, a leading Russian businessman, to predict "civil war" if attempts were made to renationalise property privatised in recent years. At the end of their meetings Mr Kinkel said: "The impression here is that the Russian government is not backpedalling. But it is very important that plans for a command economy stay hidden away in briefcases." Foreign investors were also heartened by news that Russia is ready to negotiate on its decision to freeze the payment of its short-term debt.

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