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When Boris Yeltsin's 63rd birthday rolled around last Tuesday, a reporter was unable to resist asking Victor Chernomyrdin whether he had sprung any special surprises on his boss. "We presented him with a huge bouquet of flowers," Chernomyrdin solemnly intoned. "We doubt if he received a bigger one from anyone else. We knew we couldn't allow this. Ours was the best...

Author: /time Magazine | Title: Move Over, Yeltsin | 2/14/1994 | See Source »

...many Russians, Victor Chernomyrdin, 55, is the only politician besides Yeltsin with the toughness, stability and integrity of character needed to pull the post-Soviet economy out of its tailspin. To Moscow's radical democrats, however, he personifies what former Finance Minister Boris Fyodorov calls the "lifeless and illiterate state-planning ideology of the red managers." To the West, Chernomyrdin appears little better than a dark horseman of Russia's impending apocalypse -- a flashback to Brezhnevite stagnation whose disdain for the most basic prescriptions of capitalism threatens to destroy reform...

Author: /time Magazine | Title: Move Over, Yeltsin | 2/14/1994 | See Source »

...doomsday predictions he inspires, Chernomyrdin has both his rhetoric and behavior to thank. Since taking office in December 1992, he has dismissed the "improvisations" of free-enterprise thinkers like Yegor Gaidar as "poorly thought-out experiments," taken a verbal slap at "market romanticism" and disparaged privatization by comparing it to Stalin's forced collectivization, which killed more than 10 million peasants during the 1930s. As for the Prime Minister's policy initiatives, International Monetary Fund officials weighing whether to unlock $1.5 billion in aid to Russia are most disturbed by his willingness to pump increasingly worthless rubles into inefficient state...

Author: /time Magazine | Title: Move Over, Yeltsin | 2/14/1994 | See Source »

...VICTOR CHERNOMYRDIN...

Author: /time Magazine | Title: Winners & Losers: Feb. 7, 1994 | 2/7/1994 | See Source »

President Boris Yeltsin and Prime Minister Viktor Chernomyrdin announced a new, conservative Cabinet that is expected to reverse or slow down many of the reforms designed to create a market economy in Russia. The country's most prominent advocate of free markets, Economics Minister Yegor Gaidar, had previously resigned, charging that the government was not committed to economic reform. After the Cabinet announcement, Gaidar's reformist comrade- in-arms, Boris Fyodorov, quit his post as Finance Minister and said the country's economic policy was taking a "turn back." Said Chernomyrdin: "The period of market romanticism has ended...

Author: /time Magazine | Title: The Week January 16-22 | 1/31/1994 | See Source »

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