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MOSCOW: Russia's new $18 billion IMF deal comes loaded with a raft of economic strictures, and Boris Yeltsin knows that the Russian people are in for a long autumn of discontent. Time for a new top cop. TIME Moscow correspondent Andrew Meier says Yeltsin's sacking Sunday of his domestic security chief means the Russian president is intent on keeping his government young, strong and in firm control of the populace...
WHOM YOU'LL SEE Bob Dole, Scott McNealy, Linda Wachner, Harvey Golub, Steve Case, Lou Gerstner, Richard Meier, Dr. Ian Wilmut and Colin Powell...
MOSCOW: A high-profile tax raid by Russia on its leading tax defaulter, Gazprom, was calculated to impress the IMF, says TIME correspondent Andrew Meier. But even if it accomplishes that, the international body is unlikely to cut the big check Russia so desperately needs. "The IMF seems bent on playing high-stakes brinkmanship," says Meier, "extorting vows to slash the budget and strip the fat before it will agree to bail Russia out." But Russia's condition is deteriorating rapidly...
...return to their barricades along key rail lines Friday and more state employees were poised to walk out. "IMF officials believe the crisis will force Moscow to undertake reforms which would leave it better off in the long run -- but only if Russia can make it that long," says Meier. Tax reform has persuaded the IMF to release a delayed $670 million installment of a long-term loan, but Russia wants a $10 billion to $15 billion rescue plan. "The bailout has become the key to recovery," says Meier. "It's a psychological thing -- investors are waiting for the bailout...
Education depends on the inculcation of basic knowledge into young minds. Absent this, all other methods will fail to educate. There is no contest in the two points of view: Gelernter wins the debate hands down. FRANK MEIER Highlands...