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To: Secret_Agent_Man who wrote (9096)5/28/1998 9:10:00 AM
From: Rick  Read Replies (2) | Respond to of 50264
 
Yep - today - their market is doing slightly better...
but I think the general trend will be collapse there...
Hopefully - not to the point of general chaos - &
with some sort of orderly transition.

Yeltsin named Kiriyenko premier two months ago and ordered him to speed
up economic reforms and improve the country's weak economic performance.
But the long-standing problems that Kiriyenko inherited have grown worse,
and he now faces a daunting task in simply trying to stabilize the economy.

Millions of workers have gone without salaries for months. Last week, that
anger boiled over and thousands of unpaid coal miners went on strike, blocking
key railways across the country.

The government's tax revenues have been decreasing month by month, and
the price of oil, one of the country's leading exports, has fallen sharply. Those
have both increased the government budget deficit,