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. Last Updated: 07/27/2016

03/23/2004

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Press Review

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

Wal-Mart Tops 3rd Fortune 500 List in a Row

A tail wind of improving economic conditions blew many major companies to record revenues in 2003, but none was able to knock Wal-Mart Stores Inc. off the top of the Fortune 500 list.

Oil Prices Dip 1% on OPEC Rumors

Oil prices slid more than 1 percent Monday on hints that OPEC may delay to June a cut to world supplies, scheduled for April 1, to cool red-hot oil markets that touched a 13-year high last week.

Shell to Cut Jobs, Raise Production in Nigeria

Oil giant Royal Dutch/Shell said Monday it planned to streamline its operations in this West African nation, cutting jobs in a bid to boost oil production by half a million barrels per day.

International Outrage at Yassin's Death

Demonstrations erupted across the Middle East in condemnation of Israel's assassination of the spiritual leader of the militant Palestinian group Hamas on Monday.

Taiwan Protests to Continue

Opposition activists refused to disband protests Monday until authorities agree to recount Taiwan's weekend presidential election, won by the incumbent one day after he was lightly wounded in a shooting that critics say influenced the vote.

Fierce Battles in Afghan Region

Forces loyal to Herat's governor claimed to have retaken control in the western city Monday after fierce factional fighting that killed Afghanistan's aviation minister and left as many as 100 people dead.

Moscow's U.S. Prosecutor Knows Russia's Mafia

The term ""Russian Mafia"" became a household term in the 1990s as the rapid expansion of criminal organizations from the former Soviet Union raised concerns across the globe.

Tbilisi Warns a Defiant Adzharia

Georgian President Mikheil Saakashvili warned on Monday that he would reintroduce sanctions against the defiant Adzharia region if its leader reneges on his pledge to bow to central authorities.

Russia's Role in World Trade Grows With EU

When asked what it's like trying to provide logistics services in a country like Russia, David Lind put it this way: ""When a trucker heading from Istanbul to Moscow reached the Russian border, the border guard took one look at his passport and refused to accept it, saying, 'That's not a passport.'

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