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Russia Moves Closer Getting To Imf Loan

The lower house of Russia’s parliament Friday approved the government’s 1995 austerity budget, a move that brings Russia one step closer to winning a crucial $6.3 billion loan from the International Monetary Fund.

The 273-93 vote by the State Duma must be confirmed in a final, generally pro forma vote several weeks from now. It will then be sent to the less powerful upper house for approval.

Adoption of the $62 billion budget is critical for the government since the IMF has demanded proof of Russia’s determination to bring runaway inflation and deficits under control before agreeing to loan Russia more money.


 
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Administration seeks to expand immigrant family detention

UPDATED: 9:33 p.m.

The Trump administration is calling for the expanded use of family detention for immigrant parents and children who are stopped along the U.S.-Mexico border, a move decried by advocates as a cruel and ineffective attempt to deter families from coming to the United States.