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...Boris Yeltsin recovers from a near fatal bout with heart disease, who's the real power behind Russia's President? Most Kremlin watchers would point to a consummate political strategist named Anatoli Chubais (Choo-by-iss), the organizer of Yeltsin's come-from-behind election win last summer and the favorite of the country's influential new entrepreneurs...

Author: /time Magazine | Title: RUSSIA'S REGENT | 12/9/1996 | See Source »

...chief of the presidential administration, suggests a high-level aide, but that understates his clout. Chubais, 41, has pushed out one rival, the populist general Alexander Lebed, and--for the time being at least--has outmaneuvered another, the uncharismatic but formidable Prime Minister, Victor Chernomyrdin. During the months of Yeltsin's illness, Chubais controlled access to the President so tightly that his enemies dubbed him "the Regent...

Author: /time Magazine | Title: RUSSIA'S REGENT | 12/9/1996 | See Source »

...violations. The accusations stem from the recent publication in a Moscow newspaper of what purports to be the transcript of a June 22 conversation between Chubais and other top campaign aides. In it, they discuss ways to slow and then possibly block criminal inquiries into the case of two Yeltsin election workers, detained as they left a government building, allegedly carrying more than half a million dollars in cash. The opposition-dominated Duma, or lower house of parliament, maintains that Yeltsin vastly exceeded the campaign-spending limits and that the dollars were part of an illegal slush fund. The Duma...

Author: /time Magazine | Title: RUSSIA'S REGENT | 12/9/1996 | See Source »

...Moscow has kept irredentist impulses largely in check. Shortly after the breakup of the Union of Soviet Socialist Republics, Boris Yeltsin made a historic decision to affirm the borders of the old Soviet republics as new international ones. He has at several key moments repudiated the bellicose claims of his noisier opponents. Yet plenty of questions--and among Russia's neighbors, plenty of anxieties--persist about how Moscow will handle its relations with the other 11 members of the Commonwealth of Independent States. If it develops as a genuine commonwealth of genuinely independent states, it will have the support...

Author: /time Magazine | Title: MANAGING THE RUSSIAN CONNECTION | 11/25/1996 | See Source »

...Boris Yeltsin is resting easy after his recent heart bypass surgery. But what if his rest verged on eternal, and Russia veered toward a political coup? Investors with all their money stashed in U.S. stocks wouldn't have to worry much. The echo of political turmoil in distant markets might be barely audible when Wall Street is roaring like Niagara Falls. But for those invested overseas--through mutual funds or directly, in stocks--the noise would be more like a foghorn in their bedroom. The clamor of social, political and economic uncertainty just might send prices cascading lower...

Author: /time Magazine | Title: IS IT TIME TO LEAVE THE COUNTRY? | 11/25/1996 | See Source »

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