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. Last Updated: 07/27/2016

03/24/2003

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From False Start to Sure Victory

A feeble attack followed by a break in action is the worst possible way to begin a military campaign.

Chechnya: Which Crazy Plan Will Prevail?

Aslan Maskhadov's new peace plan for Chechnya demands nothing less than Russia's unconditional surrender.

A Hair-Raising Caucasus Ski Adventure

My wife and I rang in the New Year with my friend Abdullah in the mountains of Karachayevo-Cherkessia.

GDP Grows by 6.1% in First Two Months

The five core sectors of the economy -- industry, agriculture, construction, transportation and retail -- grew 6.1 percent year on year in January and February.

UN Still Split on Iraq's $40Bln

Security Council members decided on Friday to work through the weekend on a plan to use Iraq's $40 billion in UN-controlled oil money toward humanitarian relief during the war.

Russia Mulls Restricting Dairy Imports From EU

Russia is considering a move to restrict import quotas of European Union dairy products such as butter and cheese.

MDM, Allies Acquire 6.13% of UES Shares

MDM Group, one of the nation's largest financial-industrial conglomerates, said Friday that it and a pool of local and foreign investors had bought 6.13 percent of national power utility UES.

$350M Sistema Bond Backed by MTS Stake

Sistema plans to use 9.71 percent of its shares in mobile phone provider Mobile TeleSystems to support the issue of a $350 million international bond.

Konversbank Buys an EU Foothold

Russia's Konversbank is acquiring Lithuania's mid-sized Snoras Bank as a vehicle to enter European Union markets once the ex-Soviet Baltic state joins the bloc in 2004.

Central Bank Steps In to Steady Ruble

The ruble remained steady Friday, rising only slightly to 31.38 to the dollar as the Central Bank made good on its promise to curb any exchange rate volatility.

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