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Russians are known for being tough negotiators, but their decision last week to cut off Ukraine's supplies of natural gas in order to secure agreement for a big gas-price hike may have been a little too tough. The dispute was rapidly resolved. But the shocked reaction in Europe and the U.S. casts a cloud over Russian President Vladimir Putin just as he takes over chairmanship of the G-8 association of industrialized nations, and it will probably accelerate Western efforts to reduce dependence on Russian gas and oil. U.S. Secretary of State Condoleezza Rice publicly accused Russia...
...Behold Avant-garde murals and imaginative furnishings characterise a new Singapore hotel Identity Parade An iconic style magazine marks its quarter century Summits of Style Esoteric treatments in a minimalist setting A Starflyer Is Born In-flight comfort with an internet connection in every seat Take a Hike Destinations to restore your sense of wonder longship through Lerwick's streets. Behind them, cannibals with necklaces of fake teeth, pirates and fat ballerinas were among the nearly 900 guisers: men in costume bearing flaming torches whose deep voices bellow out over the brass band, "Let us ne'er forget the race...
...Behold Avant-garde murals and imaginative furnishings characterise a new Singapore hotel Identity Parade An iconic style magazine marks its quarter century Summits of Style Esoteric treatments in a minimalist setting A Starflyer Is Born In-flight comfort with an internet connection in every seat Take a Hike Destinations to restore your sense of wonder found an almost unique experience: the five-year-old facility is one of only two in the world dedicated entirely to espionage, and features artifacts, interactive displays, films, video and historic photos (the other is in Tampere, Finland). Exhibits show how to create and hide...
...price - $230 per 1,000 cu m, more than four times the $50 it currently pays. "This [price] war was the final straw in my decision to resign," Illarionov told Time on Saturday. "I was invited to take part in it to explain why the price hike, and everything else in our bilateral relations, are liberal economic policies. But the factors that led to this decision have nothing in common with liberal economic policies." The increasingly authoritarian style of Putin's leadership poses a dilemma for the West. European governments are anxious to purchase Russian natural gas and oil (roughly...
...Illarionov?s decision to resign comes at a moment when the Kremlin is escalating its intention to dramatically hike gas prices in Ukraine by as much as a fourfold increase. On Saturday (December 31), Putin made Ukrainians another offer: Sign on the new price now, start paying three months later. Unless they accept the offer, which they hardly can, Putin ordered Gazprom to turn off the tap at 10 a.m. on January 1. On Saturday (December 31), Illarionov told TIME: ?Over the last 48 hours things between Russia and Ukraine have been developing under the worst possible scenario...