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Lack of Funds Will Delay Raising of Sub

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From Times Wire Reports

A lack of cash has forced Russia to delay an operation to raise the sunken nuclear-powered submarine Kursk from the Arctic seabed, Deputy Prime Minister Ilya I. Klebanov was quoted as saying.

The Interfax news agency quoted Klebanov as saying that the Kursk, which sank in the Barents Sea in August, killing all 118 men on board, will probably be raised in early autumn rather than in July or August as initially planned.

The cause of the accident on board the Kursk, a 500-foot submarine that now rests 350 feet under the surface, remains unclear.

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