Foreign Owned Business Russia

Russia's new prime minister went face to face Saturday with a phalanx of dour American business executives and tried to stamp out persistent rumors that he will restrict money flows out of his financially crippled country. "None of these ravings . . . match reality," Prime Minister Yevgeny M. Primakov insisted.

Russia's new prime minister went face to face Saturday with a phalanx of dour American business executives and tried to stamp out persistent rumors that he will restrict money flows out of his financially crippled country. "None of these ravings . . . match reality," Prime Minister Yevgeny M. Primakov insisted.

Sounding like a seasoned capitalist, Moscow Mayor Gavriil Popov was in Orange County on Thursday to urge Americans to invest in Russia, where despite some risks, he said, "it's possible . . . to do business." "Any businessman is afraid . . . when he goes into a new country," said Gavriil, who met with reporters before speaking to about 400 people at a dinner sponsored by the Industrial League of Orange County. "But business is connected with risk, and only risks can give good profit."