Word: rublee
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The gold is only one item on a list of lost riches that Soviet citizens believe were pilfered by the party. Despite mounting evidence, party officials deny that even one ruble has been squirreled away in foreign banks. But a string of mysterious suicides casts doubt on such disavowals. Five...
Except for 1 billion rubles discovered at a Soviet bank in September, the multiple inquiries have so far yielded little in the way of recovered cash. Foreign governments have refused to freeze Soviet assets, and Swiss banks decline to help unless investigators can obtain account numbers and the permission of...
But St. Petersburg's architectural charm and rich history will do little to diminish the formidable obstacles confronting Sobchak as he tries to reform the city's economy. His advisers are working on plans to create a "free economic zone" around the city by Jan. 1, in the hope that...
The first essential for even moderating the slide is an agreement restoring some sort of economic cooperation among the republics. Without it, says Yasin, "I think we would have a 20% to 30% drop in production and inflation of 1,000%," a Weimar-like figure. Yavlinsky last week sent to...
* Opening of the economy to the West, including the creation of a convertible ruble.