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Pastimes : Preventing global economic collapse - what we can do -- Ignore unavailable to you. Want to Upgrade?

To: TimbaBear who wrote (2)	8/29/1998 11:02:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 13

Russian President Boris Yeltsin vowed to serve to the end of his term amid calls for his resignation. But he fired two prominent economic reformers, Boris Nemtsov and Anatoly Chubais. Also, acting Prime Minister Viktor Chernomyrdin met with leaders of the Communist-dominated parliament, who want Soviet-style price and currency controls as a condition for his confirmation. Date: 8/31/98 President Clinton still intends to travel to Moscow Monday for talks with Yeltsin. Russian officials have been hoping for more Western aid. But U.S. officials say Russia needs sound policies. Deputy Treasury Secretary Lawrence Summers said a return to central control would be a ''serious policy error.'' National Security Adviser Sandy Berger said Yeltsin's decision to oust Chubais was ''not encouraging.'' investors.com Can the U.S. force Russia into implementing sound policies? What is it going to take to turn around this stock market? Regards, Jeff