-Caveat Lector-
This makes me wonder if the russkies are still going to coin
the silver and
gold money like they said they were. They thought to
provide their populace with currency of value in
prreparation for y2k, believing that theirs would be the
only currency worth ANYTHING in the world a year from now.
Is this a world bank
payoff to keep them from doing that because the world bank
knows it would shatter the currency of the rest of the
World?
Carl Amedio wrote:
>
> In a message dated 8/1/99 1:09:55 PM Central Daylight Time, AOL News writes:
>
> << Subj: Russia Gets First of IMF Payments
> Date: 8/1/99 1:09:55 PM Central Daylight Time
> From: AOL News
> BCC: Ahab42
>
> Russia Gets First of IMF Payments
>
> .c The Associated Press
>
> MOSCOW (AP) - The first of seven installments of the International Monetary
> Fund's new loan to Russia is being transferred on Sunday to Russia's IMF
> account, the Interfax news agency reported.
>
> The fund agreed last week to provide the $4.5 billion, 17-month stand-by
> credit to Russia.
>
> The $640 million is to be used to pay off part of Russia's debt to the IMF.
> Russia was due to pay $808.4 million to the fund in July and $520.4 million
> in August, Interfax said.
>
> Altogether, Russia owes the IMF about $18 billion. It has struggled to stay
> current on its debts to the fund since the economic crash last August.
>
> AP-NY-08-01-99 1409EDT
>
> Copyright 1999 The Associated Press. The information contained in the AP
> news report may not be published, broadcast, rewritten or otherwise
> distributed without prior written authority of The Associated Press.
>
> Announcement: America Online has added Reuters newswires to News Profiles.
> To add Reuters articles to your daily news delivery, go to KW: <A
> HREF="aol://5862:146">News Profiles</A> and click on "Modify Your News
> Profiles." Then click "Edit" and add Reuters from the list on the left.
>
> To edit your profile, go to keyword <A
> HREF="aol://1722:NewsProfiles">NewsProfiles</A>.
> For all of today's news, go to keyword <A HREF="aol://1722:News">News</A>. >>
>
> ------------------------------------------------------------
>
> Subject: Russia Gets First of IMF Payments
> Date: Sun, 1 Aug 1999 14:09:55 EDT
> From: [EMAIL PROTECTED]
> To: undisclosed-recipients:;
>
> Russia Gets First of IMF Payments
>
> .c The Associated Press
>
> MOSCOW (AP) - The first of seven installments of the International Monetary Fund's
>new loan to Russia is being transferred on Sunday to Russia's IMF account, the
>Interfax news agency reported.
>
> The fund agreed last week to provide the $4.5 billion, 17-month stand-by credit to
>Russia.
>
> The $640 million is to be used to pay off part of Russia's debt to the IMF. Russia
>was due to pay $808.4 million to the fund in July and $520.4 million in August,
>Interfax said.
>
> Altogether, Russia owes the IMF about $18 billion. It has struggled to stay current
>on its debts to the fund since the economic crash last August.
>
> AP-NY-08-01-99 1409EDT
>
> Copyright 1999 The Associated Press. The information contained in the AP news
>report may not be published, broadcast, rewritten or otherwise distributed without
>prior written authority of The Associated Press.
>
> Announcement: America Online has added Reuters newswires to News Profiles. To add
>Reuters articles to your daily news delivery, go to KW: <A HREF="aol://5862:146">News
>Profiles</A> and click on "Modify Your News Profiles." Then click "Edit" and add
>Reuters from the list on the left.
>
> To edit your profile, go to keyword <A
>HREF="aol://1722:NewsProfiles">NewsProfiles</A>.
> For all of today's news, go to keyword <A HREF="aol://1722:News">News</A>.
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