BUT MOSCOW EXPECTS MORE LOANS FROM ABROAD.

Although he reported “zero”progress in rescheduling Russia’s debt with the IMF, deputy economicsminister Sergei Vasilyev told Segodnya May 17 that he did expect Russia toget extended fund facility arrangements from that body. Such arrangementswould allow Moscow to borrow up to $10 billion over the next three years.

Russian Wages, Power Production Falling.