GORBACHEV PLANS TO GIVE UP POWER TO YELTSIN TODAY
Driven out by political rejection and the plummeting economy, Mikhail S. Gorbachev plans to announce his resignation as President of the defunct Soviet Union on Wednesday in a television address to the nation, his office said today. Immediately after, the launching codes for the Soviet nuclear arsenal are to be handed over to President Boris N. Yeltsin of Russia, according to the transition plan for shifting Soviet power to the new Commonwealth of Independent States.
