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. Last Updated: 07/27/2016

07/30/2002

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The Golfing World's Underdog Finds Its Stride

With a grand total of just three registered courses Russia is by no means a golfers' paradise.

ROOF Raises Educational Prospects for Orphans

More than 120 children from the Belskoye Ustye orphanage set off to their annual summer camp near Porkhov this month, where they were met by volunteers from Moscow and abroad.

Referendum Reform for Democracy or Dynasty?

Another week in Baku, another round of furious exchanges and calls for the president to step down.

Twilight of Neo-Liberal God

When WorldCom filed for bankruptcy last week it sent a shock wave through world financial markets.

O'Neill Hits Airwaves to Tout Economy

The Bush administration sent its economic team to the television networks Sunday to make a case for the economy's good health and the soundness of its policies.

Study: U.S. Economic Stability Just Luck

Many have praised the brilliance of Alan Greenspan and his predecessor at the Federal Reserve helm for blunting the most savage swings of the U.S. business cycle.

Accountants Want the Dull Life Back

""Forget terrorism,"" announces Osama bin Laden on the front cover of Private Eye, the British satirical magazine. ""I'm going to be an accountant.""

Bertelsmann's Chief Axed by Old Guard

Bertelsmann chief executive Thomas Middelhoff was forced to step down Sunday after a fierce dispute over his strategy, joining the growing ranks of media chiefs ousted by a more conservative old guard.

Qwest Admits $1.1Bln Mistake

Qwest Communications International, the dominant provider of local telephone service in 14 U.S. states, said late Sunday that it had incorrectly accounted for more than $1.1 billion of transactions from 1999 to 2001 in the latest revelation of accounting irregularities at a telecommunications company.

Mideast Says No to U.S. Goods

Zamzam Cola has new customers in the Gulf and plans to soon expand into more Arab markets.

Dollar Soars Against Yen on Share Repatriation Forecasts

The dollar hit a three-week high against the yen in Asia on Monday, riding high on chances that U.S. operators will keep selling Japanese shares and take the funds home.

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