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To: S.C. Barnard who wrote (31895)	8/30/1998 7:29:00 PM
From: rupert1	Read Replies (2) \| Respond to of 97611

Scba: The news you heard on your car radio is the news I was alluding to in my earlier post. Earlier today, it was reported that all the main parties in the Duma, and the Prime Minster Designate and Yeltsin had agreed an accord. But after the communist leader spoke with his party, he changed his mind and came out against Yeltsin and the PM. I am not sure of the numbers but the PM might still be confirmed without the communists. Even if he isn't he gets three shots at it. At then end of that, if he is still not confirmed, Yeltsin can dissolve the Duma and rule by decree using the PM Designate as his CEO. Since the communists were offered places in the government under the agreement, and since they had insisted on state control of certain key industries and wanted to threaten Yeltsin with criminal proceeding etc etc. the agreement was being interpeted as a stregthening of reactionary forces in Russia. The fact that Yeltsin and the PM feel strong enough not to concede to the communists, should be bullish because it indicates that Russia will follow the kind of economic policies favoured by the West, and that, behind the scenes, Yeltsin and the PM have received very strong reassurance from the West that the Russian fiancial sytem and economy will receive Western support. However, the fact that the PM is not going to be confirmed tomorrow or Tuesday - if the communist are serious in their opposition and not just bargaining - may prolong some of the uncertainity a little longer, espescially in those coutnries not familiar with Russian politics. Victor