Word: kremlins
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...elder Jovanovich is renowned for his strong advocacy of intellectual liberty, but he ran HBJ in a Kremlin-like fashion, refusing to talk to most reporters or Wall Street analysts. Son Peter promises more glasnost. His first task is to remake the company's board, which overflows with yes-man academics handpicked by his father. "Academicians are not accustomed to dealing with billion-dollar junk-bond problems," says Charles Elbaum, an industry consultant. Observes a current HBJ director: "Trying to get these people to focus on financial issues is difficult." Even Jovanovich seemed to sense 30 years ago that...
...Soviet economy. For its part, Bonn is quick to deny it is trying to appease Soviet military fears with purely economic payoffs. Instead officials talk of weaving a web of mutual understanding, where both sides would benefit economically and politically. Though Washington would welcome any arrangement that makes the Kremlin more amenable, it is also likely to have misgivings about the possibility of a burgeoning German-Soviet concord that leaves the U.S. on the sidelines...
...central government. When Gorbachev charges that this amounts to "a call for the breakup of the Soviet Union," he does not | overstate the case by much. Under the Yeltsin concept, every republic's laws would supersede Soviet statutes, and the republics would regulate relations among themselves and with the Kremlin by formal treaties. Private property would be restored, and republics would have total control of their own economies, finances and resources...
Although Gorbachev is not a member of the Russian republic's parliament, he threw himself into a few weeks of campaigning before the vote took place. He strode the corridors of the Grand Kremlin Palace, buttonholing Deputies and urging them to vote for "unity." Translation: elect anybody but Yeltsin. He listened to campaign speeches and even gave one, a bitter blast in which he accused Yeltsin of "trying to excommunicate Russia from socialism." Yeltsin's intention to grant local district councils the authority to override a republic's laws could carry the theory of sovereignty to the point of absurdity...
...makeshift stage at Wellesley College was more than space enough for both. This was Barbara Bush's coming of age as First Lady, her riposte to student complaints that she did not reflect "the self-affirming qualities of a Wellesley graduate." The Soviet First Lady confined herself to predictable Kremlin- speak about perestroika, leaving the ovations for her hostess...