1.   And Maslyukov said emission would occur, but that much money would presumably come from foreign lenders like the International Monetary Fund.

2.   As the export-dependent and heavily indebted conglomerates stumbled, depositors and foreign lenders became alarmed and withdrew their money.

3.   A rating system might also be developed, one that might prompt foreign lenders to raise interest rates for countries with poor credit ratings.

4.   Akayev then outlined what he knows foreign lenders would like to hear.

5.   But analysts are skeptical that it will break the impasse with the fund or other foreign lenders.

6.   But Wall Street economists are skeptical that the foreign lenders will go along with a major loss in interest payments.

7.   Certainly there are limits to what outsiders, including foreign lenders, can do within Russia.

8.   Debtors would have had much more difficulty repaying foreign lenders in hard currency, and excessive devaluations would eventually accelerate inflation.

9.   Devaluation and default were steps the Russian government wanted to avoid for fear they would unleash political unrest and anger foreign lenders.

10.   Face with an unpredictable situation, foreign lenders could rapidly reassess the credit worthiness of larger banks.