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This report consists of alternative trading systems: Will Computers Replace Stock Exchanges?

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This report focuses on two divergent scenarios faced by Russia in the wake of its financial crisis of August 1998. Prime Minister Yevgenii Primakov expected either a vicious cycle of decline and possible collapse in government or an economic management scenario following outlines of an agreed action program that makes imperative fundamental changes in the Russian financial system. The success or failure of Russia in dealing with this crisis may have more effect on the pursuit of peace and prosperity by the United States than any other foreign policy crisis.

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Federal departments and agencies play an integral role in the development of the President's budget. The Budget and Accounting Act of 1921 requires the President to prepare and submit a comprehensive federal budget to Congress each year. Due to the size and complexity of the federal budget, however, the President relies on departments and agencies to bear the primary responsibility for formulating their budget requests.

Debate in the 106th Congress over the funding and direction of renewable energy programs will likely focus on the FY2000 spending request, the Administration's Climate Change Technology Initiative (CCTI), and proposals for restructuring the electricity industry. Energy security, a major driver of federal energy efficiency programs in the past, is now somewhat less of an issue. Although the Persian Gulf remains volatile and oil imports make up one-fifth of the balance of trade deficit, low oil prices and uninterrupted supply have dampened concern about the potential for import disruptions.

The 1990 Clean Air Act amendments established an operating permit system that is affecting many new and existing sources of air emissions, as well as state and local air pollution control agencies. After delays and early missteps, the operating permit program is moving ahead. All state and local programs have received interim or full approval, and permits are being issued, although at a slower rate than anticipated. However, a number of issues exist. These include the effect of key federal regulations, not yet promulgated, on permit programs and regulated sources; adequacy of state resources; gaining full approval for those permit programs that now have interim approval; and oversight.

October 1997, Vice President Gore directed federal agencies to develop a Clean Water Initiative to improve and strengthen water pollution control efforts. The multi-agency plan was released on Feb. 19, 1998, and identifies more than 100 key actions. Most are existing activities, now labeled as part of the Initiative. The President's FY1999 budget requested $2.2 billion for five departments and agencies ($568 million more than in FY1998) to fund implementation. By October 1998, Congress passed bills to fund the plan, but appropriations provided $1.8 billion, or less than 15%, of the requested increases. In the meantime, however, federal agencies are beginning or accelerating activities to carry out the actions under the Plan.

This report discusses current findings on the site's geology, hydrology, geochemistry, and tectonic history; reviews the site characterization process that DOE is pursuing; discusses the problems inherent in assessing risk and projecting site suitability; and reviews concerns regarding attempts to model the repository's behavior into the distant millennia.