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. Last Updated: 07/27/2016

04/28/1992

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Americans to march in May Day Parade

Ostentatious displays of military might, breast-beating long-winded speeches by Politburo members and Communist Party pageantry used to mark Moscow's traditional May Day Parade. Those were the days of Cold War rivalry between the U. S. S. R. and its arch enemy - the capitalistic democratic U. S. A. But this year, 420 Americans plan to march in the parade on Friday, May 1, under a red, white and blue banner proclaiming ""Friends of the World, Unite"". The U. S. contingent began arriving by the planefull Sunday afternoon as part of the May Day Exchange organized by the Friendship Force, a non-profit organization that sponsors international cultural exchanges. About half of the entourage arrived Tuesday aboard the ""Friendship Express"" train from Warsaw. Susan Smith, director of the Friendship Force Moscow office, said the May Day Exchange culminates a series of cultural exchanges since December.

Business blocked by unreal state of privatization

By next week Mossoviet will be asked to cancel a decree setting aside Moscow River land in the city's northwest for an amusement park. Another megadollar development deal hangs in the balance. In the context of the controversial Gagarin Square development and countless lesser projects involving Russian dreams and Western capital, the ""Magic Island"" proposal, involving Canadian-owned Carlton Hotels International, is almost routine. The critical issue, as ever, is land ownership - or, really, land control. Carlton proposes to buy into a Russian-registered limited liability company for $500, 000 (for 30 percent of future income). The Russian com-pany claims a 49-year lock on the 325 hectares (200 acres) involved. Backing the claim is a city government decree specifically authorizing inclusion of the property as part of the project's charter capital. But the land belongs to the city.

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