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. Last Updated: 07/27/2016

05/19/2003

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Press Review

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

41 Dead in Casablanca Suicide Attacks

Police fanned out across Casablanca on Saturday, detaining Islamic militants for questioning following synchronized suicide bombings that may be the work of al-Qaida terrorists widening their war to Spanish and Moroccan targets.

Bus Bomb Delays Sharon's U.S. Trip

A Palestinian suicide bomber killed seven people aboard a Jerusalem bus Sunday, prompting Israeli Prime Minister Ariel Sharon to put off a trip to the White House to discuss a new U.S.-backed Middle East peace plan.

Singapore Awaits WHO's SARS Decision

Singapore appeared on course Sunday to have its SARS outbreak declared under control, but the World Health Organization said it would not immediately announce a decision.

Weak Dollar Gets Tacit Endorsement

The world's finance chiefs on Saturday omitted referring to volatile world currencies in a post-meeting public statement, a move that may be seen by markets as endorsing the recent U.S. dollar slide.

G-8 Focuses on Economic Optimism

Bereft of a quick fix to ward off recession, the world's leading finance ministers on Saturday voiced confidence in stronger growth and committed to deep-seated reforms for rich and poor regions as the remedy.

Japanese Bank Bailout to Cost $17Bln

Moving to head off a potential crisis in the banking system, the Japanese government said Saturday it would rescue Japan's No. 5 banking group, Resona Holdings, with a huge injection of funds after tougher accounting rules exposed a gaping hole in its capital.

Spain Sues U.S. Shipping Bureau for Prestige Spill

Spain has filed a 2 billion euro ($2.3 billion) lawsuit against U.S. ship classification firm American Bureau of Shipping for its alleged part in the Prestige oil tanker sinking that triggered Spain's worst environmental disaster.

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