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Gold/Mining/Energy : Gold Price Monitor
GDXJ 112.58-1.5%Dec 15 4:00 PM EST

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To: lorne who wrote (34150)5/19/1999 9:34:00 AM
From: John Hunt  Read Replies (1) of 116815
 
Stepashin's priorities for Russian government

Top priorities of Russia's new prime minister include

<< Revive the military-industrial complex. Stepashin said his Cabinet would especially support advanced technology industries that are the foundation of the country's defense industry. >>

<< Increase defense spending. Stepashin said he would ask for defense allocations equal to 3.5 percent of Russia's gross domestic product, up from 2.8 percent this year. Given NATO's bombing of Yugoslavia, which Russia adamantly opposes, ''the situation in our defense complex and our army is inadmissible,'' he said. >>

<< Support a union of Russia, Belarus and Yugoslavia. However, Stepashin said, as President Boris Yeltsin has, that the war in Yugoslavia must end before the three countries begin serious talks about joining forces in a Slavic Union. >>

abcnews.go.com

Thank you, Slick and Grandma!
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