US SEEN HELPING MOSCOW ON DEBT RESCHEDULING.

The Russian government now looks to the Halifax G-7 meeting, rather than to the so-called Paris Club, for assistance in rescheduling its massive $130 billion foreign debt, Kommersant-Daily reported June 1. The paper quoted deputy premier Oleg Davydov as saying that in the Halifax meeting “we count on support from the United States.”

Oil Companies Organize A Trade Association.