U.S. Issues a Warning to Russia To Keep Economic Reform Going
In a sharp change of tone, the Clinton Administration's top specialist on Russia, testifying on Capitol Hill, sternly warned today that the Government of President Boris N. Yeltsin must press full speed ahead with economic reforms or risk an inflation rate high enough to "topple governments, sometimes with the ugliest and most dangerous of results." Applying undisguised pressure on Russia after a Cabinet shuffle in Moscow that left foes of swift economic change in charge, Strobe Talbott, the Deputy Secretary of State-designate, told a Senate subcommittee that "gradual reform is a prescription for hyperinflation and economic collapse."