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. Last Updated: 07/27/2016

02/19/2004

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Press Review

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

Equal Opportunities, AIDS and Veterinary Drugs

Deripaska's comment was a thoughtful analysis, although it was undermined by some conclusions that had nothing to do with the analysis.

Walt Disney Snaps Up Muppets

The Walt Disney Co. said it will buy the ""Muppets"" characters, including Kermit, Miss Piggy and others, as well as the ""Bear in the Big Blue House"" franchise, from The Jim Henson Co.

Japanese GDP Growth the Fastest in 14 Years

Japan's economy grew a better-than-expected 1.7 percent in the quarter from October through December, the best showing in more than a decade, with strong exports and corporate investments driving the growth.

VW Earnings Plummet 60%

Volkswagen, Europe's largest carmaker, plans to cut its dividend for the first time in 11 years after the rising euro and a writedown tied to the Phaeton luxury car led to a 60 percent decline in fourth-quarter earnings.

Euro Closes In on $1.30

The euro hit a new record high against the dollar Wednesday, pushing above $1.29 for the first time in its five-year history as markets tested the European Central Bank's relaxed attitude toward the currency's rise.

China Races to Boost Nuclear Power

Heady economic growth and a worsening power shortage is prodding China to hasten the building of nuclear power plants to fill an energy supply gap in the world's fastest-growing major economy, Beijing-based experts say.

Who Gains From This $41Bln Deal?

The blockbuster merger of Cingular Wireless and AT&T Wireless -- and the consolidation of the wireless industry to five major competitors from six -- may not lead to higher consumer prices for mobile phone service anytime soon, according to industry analysts.

Google Adds a Billion More Pages to Its Index

Online search engine leader Google Inc. added an additional 1 billion pages to its web index, increasing its breadth by about one-third as it girds for tougher competition from Yahoo! Inc. and Microsoft Corp.

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