Yeltsin Says Russia Needs Trust Not Cash for Stabilization
President Boris Yeltsin urged international institutions to provide moral support rather than money as Russia confronts a financial crisis. Anatoly Chubais said Russia seeks 10 to 15 billion dollars in aid, while the Finance Ministry forecast 6 to 7 billion more from the IMF and 3 billion to bolster reserves.
MENTIONED IN THIS ARTICLE
Kostroma. Russia
Boris Yeltsin
Russia
Anatoly Chubais
Yeltsin
Kostroma
Japan
Finance Ministry
Oleg Zhukov
Moscow
IMF
Zhukov
Swiss banks offer up to 600 million for Holocaust settlement
Swiss Bank Corp Credit Suisse and Union Bank of Switzerland signaled a global settlement of up to 600 million to resolve class action claims by Holocaust survivors and heirs. They cautioned that court confidentiality violations threaten negotiations as lawyers press for larger payouts amid wartime asset theft allegations. Thousands of victims deposited funds in Swiss banks during the Nazi era and faced difficulties proving claims after World War II.
MENTIONED IN THIS ARTICLE
Zurich
Switzerland
Credit Suisse
Swiss Bank Corp
Union Bank of Switzerland
World Jewish Congress
Edward Fagan
Europe
Indonesia and IMF reach revised budget amid unrest
Indonesia and the IMF agreed on a revised annual budget aimed at easing hardship for millions, with subsidies to be expanded. The move occurs as riots over price increases and political turmoil threaten recovery, while IMF bailouts and loan disbursements resume discussions. The rupiah strengthened to 14000 per dollar on Friday amid yen support.
MENTIONED IN THIS ARTICLE
Jakarta
Indonesia
International Monetary Fund
Suharto
Ginandjar Kartasasmita
U.S
Also Mentioned on This Page
Washington
IME
Stanley Fischer
Chubais
NTV
Ike
oTae
Price
Lacks & Broyhill
Broyhill
N. Andrews Hwy
Lacks.com
Whirlpool
Sealy
PEDIC
RCA
Stanley - Brookwood
SERTA
Broyhile
Sony - Bassett
Action Lane
Berkline
Eureka
Palliser
Zenith
Natuzzi
Sharp - Kincaid
Alexander Julian
Universal
Orman Grubb
Magnavox
Chromcraft
G.E. - Webb
Preston & York
America
New York
Orr Petites
Dillard’s
Orr Petites & Dillard's
Dillard’s Woman Casual & Career
TICOM
California
Orig
Orr Boys & Girls
Nikko Woodbury Dinnerware
Visa
Mastercard
American Express
Discover
Diners Club
Music City Mall
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