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...Soviet strategic missiles on its territory and become a non-nuclear state by 1994, some nationalist parliamentarians have suggested holding on to the 46 weapons not targeted for destruction under the start treaty as a lever to get the West's attention and respect. Concerned that bickering between Kiev and Moscow might degenerate into a violent conflict, the West has been pressuring both sides to come to terms peacefully. Russian President Boris Yeltsin recently took a step in that direction, announcing that Moscow had dropped its insistence that the 380-ship Black Sea Fleet, based in the Crimean port...

Author: /time Magazine | Title: Ready To Cast Off | 6/15/1992 | See Source »

Wrangling over the Black Sea force has poisoned Russian-Ukrainian relations for months, with Kiev demanding at least 30% of the fleet as the foundation for a new national navy and Moscow refusing to yield. Now, following Yeltsin's announcement, a commission will be created to decide how to divide up the fleet equitably...

Author: /time Magazine | Title: Ready To Cast Off | 6/15/1992 | See Source »

Even as the Black Sea Fleet dispute heads toward resolution, larger issues continue to strain ties between the two states -- including the overall future of the Crimea and Kiev's resistance to Russia's taking the lead on economic reforms. Specially printed Ukrainian coupons, designed as a temporary currency to phase out use of the Soviet ruble, circulate freely in the republic. In Yalta's shops, cashiers give change in a random mix of coupons and rubles that leaves the buyer guessing about the value of both...

Author: /time Magazine | Title: Ready To Cast Off | 6/15/1992 | See Source »

...July 1, Kiev plans to replace the ruble completely with a new national currency, a move certain to disrupt already weakened trade links between Ukraine and the rest of the Commonwealth. Critics argue that by insulating Ukraine from Russia, Kravchuk is trying to avoid the kind of radical market reforms demanded by international lending organizations. Kiev counters by arguing that economic subordination to Russia is a drag on Ukraine's development as a sovereign state...

Author: /time Magazine | Title: Ready To Cast Off | 6/15/1992 | See Source »

Kravchuk and Yeltsin are scheduled to meet in the near future to try to put aside the acrimony and mistrust of recent months. It was Russia and Ukraine, together with Belarus, that united last December to forge the Commonwealth and bury the Soviet Union. Without the cooperation of Kiev and Moscow, the C.I.S. will surely fail. It may fail anyway. But more troubling is the prospect of new violence in Europe, this time between two of the largest, and best armed, nations on the continent...

Author: /time Magazine | Title: Ready To Cast Off | 6/15/1992 | See Source »

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