Economist says Soviets flood world with gold
| Beirut, Lebanon
The Soviet Union, second largest gold exporter in the world, is threatening worldwide economic chaos by flooding the market with some 500 tons of gold a year to ease its own recession, a leading Middle East economist said Sunday. Marwan Iskandar, editor of the weekly An-Nahar Arab Report and Memo, also said in the current edition of the newsletter that the Soviets have been hit hard by their failure to reach a new agreement with Iran for gas imports.
"For the first time in 25 years," he aid, "the Russians are facing economic difficulties and slow growth, particularly in the energy sector."