Nezavisimaya Gazeta (The Independent), which has been become strongly critical of President Boris Yeltsin, said it planned to set up a joint stock company in hopes of resuming operation and announced a subscription for its stock. A spokesman for the Gorbachev Foundation, the former Soviet president's think tank, said: "We think Russia needs Nezavisimaya and the Gorbachev Foundation without any doubts will give some financial support to the newspaper." AP
Moscow - A maverick Russian daily launched in 1990 under Mikhail Gorbachev's policy of glasnost indefinitely suspended publication yesterday, citing a lack of funds. It receives no money from the state budget.