Soviet Union The Shaky Fortunes of Gorby Inc.

With the leader's stock faltering, is a takeover possible?

By some indicators, speculation in Gorby futures remains a sound investment. Soviet Leader Mikhail Gorbachev, still the toast of the West, was host to members of the prestigious Trilateral Commission in Moscow last week, chatting amiably with Henry Kissinger, former Japanese Prime Minister Yasuhiro Nakasone and former French President Valery Giscard d'Estaing. A day later the Kremlin announced that come November Gorbachev will visit Italy, raising the intriguing prospect of a historic meeting between the Communist Party chief and the Pope. And with a quick one-two punch, Gorbachev announced plans to reduce the Soviet military budget by 14.2%, while his Foreign...

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