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. Last Updated: 07/27/2016

12/16/2003

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Press Review

A brief look at the stories making headlines in the Russian-language press

Global Markets Rally on Capture of Hussein

Stocks jumped, the dollar rose and the oil price fell on Monday after the capture of Saddam Hussein, but analysts said the reaction could be fleeting as concerns about global security and the U.S. economy remained.

Arrest Boosts U.S. Recovery, Bush

President George W. Bush, bolstered by the capture of Saddam Hussein, may get another boost in early 2004 when refunds from his tax cuts go out to U.S. voters.

Schroeder Concedes Half Of $19Bln Tax Cut Plan

German Chancellor Gerhard Schroeder, bowing to opposition demands, agreed to slash his proposed tax cuts for next year in half to 7.8 billion euros ($9.5 billion), clouding the outlook for growth in Europe's biggest economy.

Attempt to Revive WTO Negotiations Falters

The World Trade Organization has failed to revive negotiations that stalled three months ago, possibly killing any chance of meeting a 2005 deadline for an accord that would pump $500 billion into the world economy.

Forget About Hussein: Heidar Is No More

One of the only places in the world where they weren't talking about the capture of Saddam Hussein on Monday morning was Azerbaijan.

Consequences of Capture

Saddam Hussein is in the hands of his foes and his spectacular capture may be a turning point in the battle to control Iraq.

The 'Pager-ization' of Democracy

For all its predictability, the outcome of the State Duma elections this month came as a real shock.

The Capture Of Saddam The Dictator

The United States achieved its most important military objective in Iraq since the fall of Baghdad when it captured Saddam Hussein.

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