NAVY PLEDGE DRIVE?
Publication: Monitor Volume: 2 Issue: 60
An organizer of the Russian fleet’s upcoming 300-year anniversary celebration announced yesterday a campaign to solicit funds for the completion of eight new warships for the country’s cash-strapped navy and border guard service. The official said that several major banks and businesses had already signed on. (Itar-Tass, March 26)
IMF Formally Approves Russian Loan.