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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?


To: Oracle who wrote (6606)8/13/1998 7:39:00 AM
From: Oracle  Read Replies (1) | Respond to of 22640
 
Russian PM says no grounds for markets' crisis

MOSCOW, Aug 13 (Reuters) - Russian Prime Minister Sergei Kiriyenko said on Thursday there was no economic basis for a decline in financial markets and added that despite the markets his government was in a position to service its obligations.
''Unfortunately what's happening on the markets belongs in the realm of psychology. There are at present no financial grounds for a deterioration in the situation on the markets,'' he told reporters after meeting Communist opposition leader Gennady Zyuganov.