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Inflation is back. It's official, and you can blame costlier gasoline and other fuels. But make no mistake: the tab for common services like a hotel stay and garbage removal are jumping too, as is the sticker price on packaged foods and many other household items. Companies are finding that they can pass on part of their soaring raw-material costs...
...high price of oil, its key export. Growth exceeded 7% in each of the past two years and is expected to be about 6% this year, more than triple the euro-zone average. Many Russians are still poor and live in wretched conditions, but on the whole, household income is up and, especially in big cities like Moscow and St. Petersburg, people are ready to splurge. The spending boom is creating a merger wave in sectors as varied as banking, brewing and confectionery. In just the past month, alongside the Dixons deal, the huge Belgian beer company InBev has been...
From 5 a.m. to 9 p.m. Moura speeds from job to job, working alongside his father to make ends meet for their close-knit East Cambridge household...
Leonard Peltier is not exactly a household name in the U.S. But in the Soviet Union he ranks right up there with Ronald Reagan and Michael Jackson. While the President is in Geneva, the White House will be deluged with sacks of postcards mailed by readers of the Young Communist League newspaper demanding the release of that "well-known" political prisoner. The paper called on its readers "to raise our voices in defense of the human rights and freedom of those whose only 'fault' is to struggle against the genocide unleashed by U.S. authorities against the native population." Translation...
...describes this world as "a very delicate ecosystem, both in terms of the practitioners, and also in terms of people like us." While artists like Guan Wei, Ah Xian, and Liu Xiao Xian, all of whom moved to Australia following the Tiananmen Square killings 16 years ago, are hardly household names, they are for the dealers, curators and gallery directors who make the art world go round. Their works are being quietly amassed by the collections that count, and they're starting to win the big commissions - actually, the biggest: last year, Guan Wei's 120-panel wall painting, Feng...