Word: 1990s
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Dates: during 2000-2009
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...ranging from shipbuilding in Ukraine to nuclear enrichment in Kazakhstan, according to an analysis of Russia's military in February by Stratfor, a U.S. company. The upheaval also forced many of Russia's finest engineers to quit for better-paid jobs abroad. Defense factories across Russia lumbered through the 1990s, many of them barely seeing a splash of paint. Meanwhile the Russian army filled its ranks with reluctant conscripts; recent Russian newspaper and government reports have found physical abuse, drug addiction and alcoholism rampant among the poorly trained, disaffected soldiers...
...much of the money is heading to companies that produce prized exports such as the Sukhoi fighter jets. But finding enough talent to overhaul Russia's rusting production lines may prove tough. Defense companies did not recruit and train engineers during the recessionary 1990s, leaving the average age of a worker in the industry at about 60, according to Kozyulin...
...about half the army's 300,000 aging officers over the next three to six years, and train hundreds of thousands of fresh, paid soldiers in modern warfare. But today's high school graduates were born when Russia's birth rate hit an all-time low in the early 1990s, and were raised during the disastrous Chechen war. Near the decrepit train station of Vladimir, a military town near Moscow, an army-recruiting center promises a life of adventure for those who sign up. THE ARMY OF RUSSIA - AN ARMY OF PROFESSIONALS, says a billboard, showing a young...
Wrong has covered Africa for the Financial Times and other news organizations since the 1990s. As with her 2001 book, In the Footsteps of Mr. Kurtz, a well-received account of the calamitous rule of Zaire's Mobutu Sese Seko, It's Our Turn to Eat - the title refers to the assumption in Kenya that winning elections confers a license to steal - is richly reported and reads, at times, like a thriller. Wrong's sketches of Githongo's sleuthing - when a hidden recording device starts playing back while he is still in the company of two top officials...
...bigger question may be, will the global settlement have any lasting impact-or do we lose something significant when the money for independent research stops in July? By some measures, the bias of investment-bank stock research has, in fact, changed since the late 1990s and early 2000s. Back then, only about 1% to 2% of the companies covered by banks carried a "sell" rating, according to research-tracker Investars. These days, that figure falls more in the 15% to 20% range-an indication, one might argue, that analysts are making tougher calls on the companies they cover. That probably...