Exit, pusued by a bear, again
Article Abstract:
Russian president, Boris Yeltsin, has replaced Sergei Stepashin as prime minister with Vladimir Putin, who has been head of Russia's secret police. Stepashin performed well during his brief period in power, but Yeltsin may have seen him as not ruthless enough to tackle Yeltsin's rivals. Yeltsin claims to be a democrat, but there is concern that he could carry out measures such as the imposition of a state of emergency, or place a ban on the Communist Party. Meanwhile, there has been fighting in Dagestan, and Putin could gain prestige from tackling this problem.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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A skull-cracker wins
Article Abstract:
The new Russian prime minister, Sergei Stepashin, comes from the country's security establishment. He has promised to bring in laws sought by the International Monetary Fund (IMF) to gain aid to help stave off external default, and to crack down on criminal businesses. Stepashin has also pledged to pay pension and wage arrears and boost food production and Russian industry. There are risks involved in economic reform backed by the police, such as a drop in the value of the Russian ruble, which could lead to a rise in popular discontent.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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