Word: businessmen
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...Once that trial concludes, the long ban on U.S. commercial activity with Libya could be lifted. Says Ronald Neumann, the top State Department official in charge of Middle East affairs: "Change can now be imagined." Indeed, a quiet but intense lobbying campaign for detente has been launched by U.S. businessmen with ties to both the current Administration and that of former President George Bush...
...been one of the leading players in the Russian market. Since August 1998, when the country suddenly devalued the ruble and defaulted on $40 billion in foreign debt, notes Browder, "Russia's been cut off from the capital markets, and thus there's been no incentive [for local businessmen] to behave"--hence ploys like the Sidanko caper. But those who have played Russia's market for years know it is ruled by a simple equation: high returns rarely come without equally high risks. "One can't be blind to Russia's problems," says a British corporate security consultant who advises...
...incapable of breaking my promise," Kohl said in announcing his resignation as honorary chairman of the party. That has only heightened speculation about just where the money may have come from--and why. Was it a donation from rich German party supporters? Or possibly a payoff from foreign businessmen? Andre Guelfi, a French businessman known as Dede the Sardine because of his ownership of a now defunct Moroccan fishing company, said he helped pass more than $40 million to the C.D.U. to help secure a contract for a German-French joint venture. He has since backtracked on many...
...paper the changes are minor, such as allowing more people-to-people contacts. But at the State Department, in the business community and even in Congress, sentiment is growing to abandon the 40-year-old embargo that has failed to dislodge Castro. Farmers, businessmen and tourists are clamoring for greater access to the island, as other countries usurp a natural U.S. market. In a TIME/CNN poll last week, 53% of Americans surveyed said the U.S. should open diplomatic relations with Cuba...
...market economy in Russia. If this is so, Putin is in for a struggle. The fight against corruption could turn out to be the defining theme of a Putin presidency. The fact remains that his ascent to power has been facilitated by a group of political insiders and businessmen who have been publicly accused of corruption on a vast scale. If he hits out at minor corruption and closes his eyes to the big fish, he will do his reputation in the West incalculable damage. If he challenges the mega-corrupt, he will face the fight of his political life...