MOSCOW SAYS AGREEMENT REACHED ON DEBT RESCHEDULING.

Russiandeputy premier Oleg Davydov said that the London Club had agreedto reschedule Russia’s massive foreign debt, but he acknowledgedto Interfax July 6 that no agreement had been signed. Among thedetails left to be worked out is the interest rate which Russiawill have to pay on this debt.

Electricity Producers Caught in Cash Bind.