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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?


To: Rob Shilling who wrote (291)7/9/1998 11:18:00 AM
From: Real Man  Respond to of 1301
 
Yes, they will try their best to hold the ruble. They will devalue
the ruble eventually, but right now this might happen in an
uncontrollable fashion. -Vi



To: Rob Shilling who wrote (291)7/9/1998 4:46:00 PM
From: Thomas Haegin  Read Replies (1) | Respond to of 1301
 
Rob, Vi,

<< The government has ''the ability, the resources and a plan of action''... >>

Pep talk is fine, but we need to see action. I read today that Gazprom will sell assets to raise money to pay taxes. Maybe a first step?

Still weary,
Thomas