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. Last Updated: 07/27/2016

06/18/2003

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Press Review

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

Is Another Crisis Looming?

Recently, various comparisons have been drawn between Russia's current market conditions and those in 1997, explicitly or implicitly evoking the possibility of an August 1998-style economic breakdown in the near future.

Bachelor Lukashenko's Dirty Dowry

The union of Belarus and Russia is like having a tapeworm in your gut. For you, this is nothing short of unification. But for the worm, it's full autonomy.

A Maritime Meeting With Shalyapin's Suitcase

I looked anxiously at the large brown leather trunk of the great Russian opera singer Fyodor Shalyapin.

PC Market's Value Hits $454M

The computer market in Russia reached a value of $454 million in the first quarter this year, a 17 percent increase from the same period last year, ITResearch said in a report on the information technologies industry released Tuesday.

10% of Russians Now Use the Internet

Internet penetration in Russia finally broke through the critical 10 percent bar this spring, up from 9 percent this winter, the Public Opinion Fund said in a report released Monday.

E-Banking Revolution a Decade Away

Although most experts predict a glowing future for Internet banking in Russia, it may be a decade or longer before that image is realized and before the system reaches the level of confidence and performance that it has attained in the United States and Western Europe.

Europe, U.S. Start Joint Exploration of Fuel Cells

The European Union and the United States on Monday agreed to pool their research efforts into hydrogen fuel cells, despite their widely differing views on what the technology will mean for energy policy.

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