71.   Along with pressing the IMF for new credits, the government is preparing an emergency program involving deep spending cuts and aggressive tax collections.

72.   Argentine policy makers and the IMF team are beginning final negotiations and auditing work on a new credit program.

73.   But he also said that Bayerische Landesbank had no current intention of extending any new credit to Kirch, echoing recent comments by Deutsche Bank chairman Rolf Breuer.

74.   Chernomyrdin said Thursday that his urgent talks Wednesday night with International Monetary Fund head Michel Camdessus did not address new IMF credits to Russia, Russian news reports said.

75.   Commercial bankers privately say they are wary of extending new credit because of the danger of picking up more bad debt.

76.   Despite the new capital increase, Phatra remains conservative and says it will extend no new credit in the short term.

77.   Government spending will be cut, taxes reformed and a new credit agreement negotiated with the International Monetary Fund.

78.   Half the new credit from the Industrial and Commercial Bank of China will go to individual buyers, the China Economic Times said.

79.   He will be able to increase taxes, renegotiate the foreign debt and seek new credits abroad.

80.   Russian news agencies have quoted well-informed officials as saying the bank might provide new credits for the planned housing and public utilities reform.