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To: lorne who wrote (34767)6/2/1999 11:11:00 AM
From: John Hunt  Read Replies (1) | Respond to of 116764
 
Investor group may sue Russia

<< A new and growing association of institutional investors is considering filing suit in London to pressure Russia to make $855 million in Soviet-era debt payments which are due June 2, the chairman of the group said Friday.

''If Russia fails to remedy the default, we may take legal action in the London courts, because the underlying loan agreements are subject to United Kingdom law,'' the group's chairman Marc Helie told Reuters.

If investors do go to court and win, Helie said Russia could be ordered to make not only the past-due Soviet debt payments but the entire $22 billion in outstanding principal notes (PRINs) and $6 billion of interest arrears notes (IANs) ... more ... >>

biz.yahoo.com

Lotsa luck guys ... Should have bought gold!

< g >

John






To: lorne who wrote (34767)6/2/1999 1:29:00 PM
From: John Hunt  Read Replies (1) | Respond to of 116764
 
OT - At Bleak Asian Site, Killer Germs Survive

<< Vozrozhdeniye Island, Uzbekistan -- In the spring of 1988, germ scientists 850 miles east of Moscow were ordered to undertake their most critical mission.

Working in great haste and total secrecy, the scientists in the city of Sverdlovsk transferred hundreds of tons of anthrax bacteria -- enough to destroy the world many times over -- into giant stainless-steel canisters, poured bleach into them to decontaminate the deadly pink powder, packed the canisters onto a train two dozen cars long and sent the illicit cargo almost a thousand miles across Russia and Kazakhstan to this remote island in the heart of the inland Aral Sea, American and Central Asian officials say ... more ... >>

nytimes.com

Scary stuff of madmen.