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

To: djane who wrote (489)	8/21/1998 6:11:00 PM
From: Rob Shilling	Respond to of 1301

All eyes on Russia next week ??? I found this on Yahoo-finance ''Now that the contagion has spread to U.S. and European markets as well, there will be increased urgency for the U.S. Treasury and the International Monetary Fund to address the Russia situation next week,'' Mariscal said. ''If lead walls are not put around that radiation in Russia, there is a risk that things will get much worse before they get better.'' ... The debt refinancing announcement is the opening act Monday. Also the Duma is meeting. It should be a wild week.

To: djane who wrote (489)	8/21/1998 6:41:00 PM
From: Real Man	Read Replies (1) \| Respond to of 1301

The Duma once again used the current situation to kick Yeltsin and the government - out of political motives. This kick does not mean anything except just that - Yeltsin will remain at power. But they don't know what to do about the crisis, and nobody wants to take the responsibility (in the Duma). We'll see what happens next. Germany dropped almost 6% today on Russia. US still going on the "flight to safety" phenomenon which decreases treasury yields. we'll see waht happens next.