Issue #784 (50), Tuesday, July 9, 2002 | Archive
 
 
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LOCAL NEWS

New Hope in Fight vs. AIDS

BARCELONA, Spain - In the last two years, the world has awakened to the AIDS tragedy and what it takes to bring it under control, but there is no indication that the epidemic is leveling off worldwide, and strategies known to prevent the spread are still grossly underused, the UN's AIDS chief said.

In its first full day Monday, a weeklong conference also heard of scientific developments that could offer hope of containing an epidemic the United Nations says could kill 70 million people in the next 20 years.


All photos from issue.

 

NATIONAL NEWS

MEDIA FEELING HEAT AFTER RAISING ISSUES

MOSCOW - A reporter may want to think twice the next time he gets the chance to ask President Vladimir Putin a question.

Media outlets in Tuva and Nenets are under fire after they brought allegations of regional corruption to Putin's attention at a news conference last month.

 

LIBERALS UNITE FOR NOMINATION

MOSCOW - Yabloko and the Union of Right Forces, the country's two main liberal parties, announced Friday that they will work out a joint political platform for backing a single "democratic" candidate in the next presidential election, in 2004.

GUBERNATORIAL CANDIDATE AT PEACE IN COFFIN TRADE

MOSCOW - A series of downtown billboards that popped up and disappeared in recent weeks left puzzled Muscovites wondering if they weren't the butt of a bad joke: "You Don't Need Workouts or Aerobics to Fit Into Our Coffins," the ads read, or "Fragrant Coffins from Fresh Cedar.

 

UKRANIANS BLAME METEOR IN MISSILE SIGHTINGS

The pilot of an El Al Israel Airlines flight from Tel Aviv to Moscow reported seeing a surface-to-air missile explosion as he flew over Ukraine on Thursday night, Israel's transport minister said Friday.

IN BRIEF

Drink Up

Moscow (SPT) - According to the Public Health Ministry, alcoholism has risen by almost 30 percent over the last two years, while the number of cases of alcohol-related psychosis has risen by 50 percent, Interfax reported Monday.

"Of every 100,000 people in Russia, 1,500 are suffering from alcoholism or alcoholic psychoses - that's 1.


 

LOCAL BUSINESS

EX-PM MAKES CAUTIOUS GROWTH FORECASTS

One of the "founding fathers" of economic reform in Russia, Yegor Gaidar, presented his predictions for the future development of the Russian economic situation at a press conference in St. Petersburg on Monday.

Gaidar was one of so called "young reformers" in the Russian government in the early 90s.

 

MAJOR LOAN GRANTED TO CARGO LINE

MOSCOW - International Finance Corp. has signed off on a $29.9-million loan to the Volga-Dnepr airline to help finance the construction of a giant An-124-100 Ruslan, the first foreign credit to the civil aviation sector.

INVESTOR ATON CONTESTS TVER-PIVO BEER SELL OFF

MOSCOW - The investment group Aton is crying foul after paying $1.5 million for a 40-percent stake in the Tver-Pivo brewery, only to have the brewery turn round and sell off its prize asset.

Tver-Pivo's general director Maxim Larin confirmed that the asset, a 77-percent stake in the Afanasy-Pivo brewery, which accounts for 1 percent of all beer brewed in Russia, had been sold.

 

RUSSIANS TAKE PRIDE IN NEW ROUND OF FINANCIAL SCANDALS

MOSCOW - After the U.S. financial scandals surrounding Enron, WorldCom and Xerox, a number of Russians are feeling a sense of affirmation that their graft-riddled corporate culture is no worse than that of the West.

Yukos-UES Deal Made on Energy

MOSCOW - Unified Energy Systems and No. 2 oil major Yukos have agreed to coordinate the sale of their stakes in regional power companies and cooperate on sector reforms, the companies announced Friday.

The memorandum of understanding, which was signed by UES CEO Anatoly Chubais and Yukos CEO Mikhail Khodorkovsky, smoothes the way for the inclusion of Tomskenergo, Kubanenergo, Tambovenergo and Belgorodenergo in overall sector restructuring.


 

OPINION

BAD NEWS BETTER OUT THAN IN

WHO wouldn't be mad at corporate America? I assume even Ken Lay's dog is a little hacked off at how things are going.

Last August, Enron boss Lay said there were "no previously unknown problem issues" at the energy company. A short five months later, Enron was deep in bankruptcy proceedings, and Lay had presided over the breathtaking, almost instantaneous destruction of $70 billion in wealth.

 

KREMLIN STANDS BY AS CONTENDERS SLUG IT OUT

LAST week, the Sverdlovsk District Court in Perm froze 25 percent of the shares in the joint-stock company Aviadvigatel (formerly Perm Motors), belonging to Pratt & Whitney, in response to a lawsuit filed by Sergei Permyakov, a board member of Aviadvigatel.

WORLDCOM SCANDAL COULD BE THE LAST STRAW

JUST when we thought there was nothing to top the depravity to which a major corporation might sink, along comes WorldCom.

It reminds us that the prosperous 1990s were a period when corporate misconduct was being bred and nourished in ways that would not become visible until the present decade revealed the weaknesses that permitted and incubated a thriving culture of corporate greed.

 

ENTREPRENEURS FACE INCREASED LIABILITY

ON July 1, 2002, a new "Code of Administrative Offences" came into force, establishing administrative liability for officers who have committed tax offenses.

BRINGING BACK INSANITY

THE power of the once-mighty Communists is slowly fading away. The Communists' support in the polls is still at 30 percent, but thanks to clever maneuvering by the Kremlin, they have lost all chairpersonships in the Duma. Even more importantly, Communist Gennady Seleznev, speaker of the Duma and one of the most prominent politicians in Russia, refused to comply with party discipline, and the Communist leadership was forced to expel him.

 

ABANDONING THE LAST OF THE DICTATORS

WITH most of his neighbors preoccupied with the war on terrorism or crises in the Middle East and South Asia, Europe's last dictator was enjoying a quiet year until recently.

THE FEEL-GOOD FACTOR WITH A RUSSIAN TWIST

HOW predictable was it that WorldCom would be seized upon as evidence all is well in the Motherland? And that Russia's theft, graft and contract killings would now be justified, because Merrill Lynch misled investors and Xerox overstated its revenues?

"For many years, we were told that Russians are corrupt and non-transparent," the president of the Aton brokerage says.

 

GLOBAL EYE

The curtain of lies that shields the benighted and betrayed American people from the grim reality of its rulers-that corrupt tyranny of plutocrats, sycophants and frothing extremists which has taken power in Washington - was pulled away last month and briefly, tantalizingly, the truth was revealed:

Dick Cheney is President of the United States.


 

WORLD

AFGHANIS MOURN SLAIN LEADER, DEBATE MURDERERS' MOTIVES

KABUL - Abdul Qadir, the Afghan vice president and ethnic Pashtun leader assassinated Saturday, was mourned on Sunday amid heavy security at a prayer ceremony in the capital, then laid to rest in his native city of Jalalabad in eastern Afghanistan.

A spokesperson for Afghani President Hamid Karzai's government Monday asked international peacekeepers to help track down the killers.

 

WORLD WATCH

Deadly Chemical Spill

BEIJING (AP) - Liquid ammonia spilled from a burst pipe at a fertilizer plant in eastern China on Monday, killing 13 people and injuring 11, a local official and state media said.

HEWITT, WILLIAMSES DOMINATE WIMBLEDON

WIMBLEDON, England - If there were ever any doubts about Lleyton Hewitt's status as the world's top men's player or about the domination of the womens' game by the Williams sisters, there aren't any more.

The 21-year-old Australian Hewitt crushed David Nalbandian in straight sets Sunday in the Wimbledon final to win his second Grand Slam title, solidify his No.

 

SPORTS WATCH

Inkster on Target

HUTCHINSON, Kansas (Reuters) - Juli Inkster fired a closing 66 to win her second U.S. Women's Open title by two shots over Sweden's world No.



 
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