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. Last Updated: 07/27/2016

04/11/2008

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Private Sector Is Best Engine for Growth

Russian Railways has expressed an interest in bidding for the huge Udokan copper field in Siberia. This is another example of how the government's economic policy is increasingly shifting from free-market reforms to the creation of gigantic, state-controlled ""national champions.""

The Language of Lust, Love and Cheating

As part of my Spring Self-Improvement Plan, I thought I would make my way through sem' smertnykh grehov (seven deadly sins). Let me restate that. I thought I'd read about the seven deadly sins in order to better avoid them. I did zavist' (envy). Next on my list: Pohot' (lust). This sounds like more fun. But there's a problem. In order to understand the Russian words for this particular sin, I've had to read reams of detailed definitions and descriptions, which has kept me wallowing in that which I pledged to avoid. So that you will not fall into this trap, here's a short primer on the most interesting sin.

Georgian Spring

NATO's decision not to offer Georgia an immediate path to membership appears at first glance to be a blow to Washington. Although the NATO secretary-general announced that Ukraine and Georgia would eventually become members, Russia's envoy to NATO, Dmitry Rogozin, confidently predicted that nothing would change anytime soon.

China Says It Foiled Terror Plot

The Associated Press
China said Thursday that it had uncovered a criminal ring planning to kidnap athletes and others at the Beijing Olympic Games. The ""violent terrorist gang"" was based in the restive western Xinjiang region and headed by a man identified as Abdulrahman Tuersun, Public Security Ministry spokesman Wu Heping said at a news conference. He also gave more details on a second alleged ring that had been uncovered in January.

Technology Giants Spar Over Yahoo

Reuters
Yahoo, which was widely believed to be running out of alternatives to accepting Microsoft's takeover offer, has become a target of two warring camps of technology giants and their media allies, sources said on Wednesday.

Nepalis Head to Polls in Historic Vote

Reuters
Praying that it will bring their country lasting peace after a decade of war, Nepalis trekked and lined up from dawn Thursday to cast their vote in a historic election, the country's first in nine years.

Gazprom May End Year as No. 2 Earner

Propelled by historically high oil prices, Gazprom is poised to earn enough cash in 2008 to end the year as the world's second most profitable company.

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