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. Last Updated: 07/27/2016

12/08/2003

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Press Review

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

Star Alliance Eyes $9Bln Jet Order

Air Canada said Saturday it would place an order for 105 jets by Christmas, inflating the size of a joint order with Austrian Airlines, Lufthansa and SAS to nearly 250 aircraft.

Boeing Scandal Offers EADS U.S. Foothold

An ethics scandal that put a key government contract on ice and helped set off a top-level shake-up at Boeing Corp. could aid archrival Airbus and its parent company, the European Aeronautic Defense and Space Company, in their search for a foothold in the U.S. defense market.

Mugabe Issue Splits Commonwealth

A divided Commonwealth prepared to extend sanctions against Zimbabwe on Sunday for violating the group's democratic values after a dispute that reawakened old colonial resentments in parts of Africa.

Baker Put in Charge of Iraqi Debt Restructuring

U.S. President George W. Bush turned Friday for assistance on Iraq to the man who helped him win the contested election in 2000, naming former Secretary of State James A. Baker III as his personal envoy to restructure more than $100 billion in Iraq's foreign debt.

Carbon Market Seen Worth $10Bln by '07

The emerging global market in carbon emissions will soar to be worth $10 billion by 2007 even if the United Nations Kyoto Protocol fails, analysts said on Friday.

Thousands Protest Italy Pension Plan

Tens of thousands of people, waving red flags and blowing whistles, marched through Rome on Saturday to protest government plans to reform Italy's generous pension system, which economists say is no longer sustainable.

Investors Decry Kazakhstan's Tax 'Tricks'

Foreign investors asked the president of oil-rich Kazakhstan on Saturday to prevent rapid changes in legislation following several recent surprise shifts in tax and ownership policy.

Gazprom in Line for VNG Stake

Germany's largest utility E.ON will break up its 42 percent stake in east German gas supplier VNG and sell it to a number of domestic and foreign companies, including Gazprom, a German newspaper reported Friday.

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