Word: kiriyenko
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...hands of a parliament dominated by communists and nationalists who despise Yeltsin and his youthful reformist ministers. The government was to try again to pass a long-delayed reform package at week's end in a special session of the Duma. Prime Minister Sergei Kiriyenko has had no more luck than his predecessors in budging the Duma, but now he can plead that this is a genuine crisis...
MOSCOW: Call it good Kremlin, bad Kremlin. The last time Boris Yeltsin addressed parliament about passing tax reforms, he threatened to dissolve it. Friday, beleaguered prime minister Sergei Kiriyenko tried a softer sell: He appealed to its good nature. "The financial market has practically ceased to exist," Kiriyenko said. "Social tension is growing in society, which naturally is not helpful to stabilization." Kiriyenko pleaded with the recalcitrant Duma to speed passage of a series of new tax laws that Russia needs to get a desperately needed multibillion-dollar bailout from...
MOSCOW: International Monetary Fund official Stanley Fischer left Moscow on Wednesday with some weighty reading for the plane ride home: Russian premier Sergei Kiriyenko's newest plan to make the Russian economy a good risk for a $10 billion IMF bailout. But before leaving, Fischer made it clear that the Russian bear would have to do plenty of dancing before the fund would consider opening its near-empty wallet...
Russia's Central Bank tripled interest rates today to a surreal 150 percent. The desperate bid to cool a market meltdown was accompanied by a shift in speculation as to how Prime Minister Sergei Kiriyenko plans to save the economy: "The word yesterday was 'devaluation'; the word today is 'bailout,'" says TIME Moscow correspondent Andrew Meier. And that may leave Russia's fate in the hands of Newt Gingrich and his congressional followers...
MOSCOW: Boris Yeltsin has been warned -- watch out for Boris Berezovsky. As Yeltsin?s prot?g? Sergei Kiriyenko sets about building a new government, the tycoon Berezovsky yesterday dealt Yeltsin a stunning political blow by being appointed secretary of the Commonwealth of Independent States. ?From a standing start, Berezovsky in 10 days managed to persuade 11 presidents of former Soviet Republics to present Yeltsin with an unpalatable fait accompli,? says TIME Moscow bureau chief Paul Quinn-Judge. ?Berezovsky ran rings around Yeltsin...