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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Rock who wrote (2262)	8/23/1998 1:02:00 PM
From: S.C. Barnard	Respond to of 119973

Yes, he fired Chernomyrdin, (who he's putting back)when their market was peaking. Now Chernomyrdin will be back. He was the one in there while their market was climbing. I'm sure a lot of other factors have to do with it, if not every other thing, but hey, could he have any better ideas? (I only took International Relations 101 in high school)

To: Rock who wrote (2262)	8/23/1998 1:11:00 PM
From: Mr.G	Respond to of 119973

Yeltsin shakes up government Kiriyenko out, Chernomyrdin back in as prime minister ASSOCIATED PRESS MOSCOW, Aug. 23 -Boris Yeltsin fired Prime Minister Sergei Kiriyenko on Sunday and said he was reappointing former Prime Minister Viktor Chernomyrdin, Russian news agencies reported. THE RUSSIAN president had fired Chernomyrdin and appointed the 35-year-old Kiriyenko in March, saying Russia needed new ideas and fresh leadership. Kiriyenko had barely been approved by the parliament when Russia's economy went into a tailspin, a victim of plunging world oil prices and the Asian economic crisis. Since then, the young prime minister had been waging a losing battle to shore up the economy, defend the national currency, and push reform measures through a hostile parliament dominated by communists and their allies. Chernomyrdin, a Soviet-style bureaucrat who once headed the national gas monopoly, Gazprom, has busied himself since being fired by laying the groundwork for a presidential campaign in 2000. Few political analysts think Chernomyrdin - a relatively bland and conservative figure strongly associated with an unpopular administration - could win, although he could probably count on some support from the business and banking establishment. The surprise announcement Sunday came as Kiriyenko had been busy holding meetings to work out measures to save Russia's banking system from default. Yeltsin delivered the news in a terse announcement from his press service. He did not give any reason for the shift, but he has been under increasing pressure from parliament to replace the government.