August 30, 1990 |
Soviet President Mikhail S. Gorbachev and Russian leader Boris N. Yeltsin held a virtual Kremlin summit meeting Wednesday to hammer out a common approach to the nation's economic problems and reached evident consensus on a sweeping devolution of powers to the republics.
August 3, 1990 |
For most of the past four decades, the CIA has been badly overestimating the performance--and prospects--of the Soviet economy. The reasons may provide critical lessons for the future. In a nutshell, critics say, the CIA was led astray by the American bent for high technology: It relied too heavily on computer models and not enough on old-fashioned, first-hand observation and reporting.
August 28, 1990
Time runs out Saturday on the Soviet government's self-imposed deadline to agree on a plan for saving the country's economy. The program is expected to be patterned after a crash, 500-day plan already adopted by radical leaders of the vast Russian republic. That scheme calls for a mass selloff of government property, cancellation of state subsidies and eventual removal of almost all price controls. President Mikhail S.
August 10, 1990 |
Soviet President Mikhail S. Gorbachev ordered a state property fund be set up to oversee the transfer of state businesses to private enterprise and lease-holders when the country switches to a market economy. Gorbachev's decree said the property fund would "work out and implement programs for the transformation of state enterprises into joint stock companies and firms based on other forms of property. . . . "
August 26, 1990 |
Russian Federation President Boris N. Yeltsin took Soviet President Mikhail S. Gorbachev to task Saturday, saying that the Kremlin chief should not interfere in the affairs of the country's largest republic. "I would advise (Gorbachev) not to quarrel with Russia," Yeltsin told reporters at an airport on Kamchatka peninsula during his barnstorming trip across the vast federation.
June 2, 1990 |
Excerpts of an exchange between Soviet President Mikhail S. Gorbachev and U.S. congressional leaders at the Soviet Embassy: On Trade GORBACHEV: The American press is saying, "Gorbachev, compared to any other Soviet leader, has come to Washington very weak and he will not get anything."
June 12, 1990
President Mikhail S. Gorbachev is expected to push the government's cautious plan to open the Soviet economy to market forces before lawmakers today, kicking off a crucial legislative test for the interim program this week. Critics on one side say the plan doesn't go far enough, while opponents at the other extreme condemn it as "creeping capitalism." If the Supreme Soviet, or legislature, rejects the program, it may lead to the resignation of Prime Minister Nikolai I.