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...country's largest energy firm. Last September, at the height of Ukraine's presidential campaign, Russian military prosecutors placed Tymoshenko on Interpol's wanted list, alleging that in 1996-97 she bribed Russian officers to buy Ukrainian goods from her companies. Tymoshenko dismisses those charges as a Kremlin trick, and she's convinced she can help heal the country's political rifts. "Russia now understands that Ukraine chooses its presidents and appoints its prime ministers itself," Tymoshenko told Time. "I'm sure I'll handle the job well." She's certainly got all the right qualifications. Charismatic, competent and driven...

Author: /time Magazine | Title: Ukraine's Iron Lady | 1/30/2005 | See Source »

...doubt that many intelligence and security specialists share [Belkovsky's] views." Shevtsova thinks things really started going wrong last year. The massacre in Beslan in September, in which over 300 children and adults died after pro-Chechen rebels seized a school in North Ossetia, "underlined the failure of the Kremlin's Chechnya operations," she says. The final destruction of Yukos in December, when Baikal Finance Group, a consortium linked to the state-owned Russian oil company Rosneft, bought its main oil producing unit, Yuganskneftegaz, for a knockdown price, "demonstrated the state's unwillingness to guarantee private property." And Yushchenko...

Author: /time Magazine | Title: Putin on the Spot | 1/23/2005 | See Source »

...destruction of Yukos coincided with a shift in economic policy, with the Kremlin reasserting state control over key areas of the economy like energy, and gradually backtracking on promises of free market reforms. By the end of last year, even members of Putin's own team - his economic adviser Andrei Illarionov and Trade Minister German Gref - were complaining that reforms had stalled and the President had failed to use the bonanza in oil revenues to shift the economy away from its near total dependence on oil and gas and toward a more diversified set of exports. In December, Illarionov warned...

Author: /time Magazine | Title: Putin on the Spot | 1/23/2005 | See Source »

...pensioners could accelerate any economic crisis. Despite Putin's attempts to distance himself from the harsh impact of the reforms, the President was, in fact, strongly behind the law, according to pro-Kremlin analyst Markov, who says he forced it on a reluctant United Russia, the Kremlin-controlled ruling bloc in the Duma. Putin could still distance himself from the reforms and from his increasingly unpopular government - fire a few ministers and reshuffle his Cabinet - and present himself as righting the injustices wrought by his underlings. Senior government ministers promise, so far without details, that they will have solved...

Author: /time Magazine | Title: Putin on the Spot | 1/23/2005 | See Source »

...victims of Beslan. Since Jan. 20, several hundred have occupied a major highway in North Ossetia, cutting off all traffic, to draw attention to their demand for the resignation of Alexander Dzasokhov, President of North Ossetia, whom they hold responsible for last year's tragedy. Some inside the Kremlin fear that Putin's combination of concessions and crackdowns won't be enough to stop the same thing being demanded...

Author: /time Magazine | Title: Putin on the Spot | 1/23/2005 | See Source »

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