Word: magnitogorsk
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...biggest fallout has happened in cities that are wholly dependent on one big industry, especially steel or autos. In the Urals town of Magnitogorsk, a gigantic steelworks has placed 3,000 workers on forced leave. In Novolipetsk, to the east of Lyudinovo, thousands have been furloughed since Nov. 14, when the steel factory idled two of its blast furnaces. The government estimates that companies laid off about 200,000 workers in December and January, but that's probably an understatement. Yevgeny Gontmakher, an economist who heads the Russian Academy of Sciences' Social Studies Center, expects that Russia's official unemployment...
...biggest fallout to date has happened in cities that are wholly dependent on one big industry, especially steel or autos. In the Urals town of Magnitogorsk, a gigantic steelworks has placed 3,000 workers on forced leave. In Novolipetsk, to the east of Lyudinovo, thousands more have been furloughed since Nov. 14, when the steel factory idled two of its blast furnaces. Alexei Mordashov, one of Russia's best known oligarchs, has shelved an $8 billion investment program at his Severstal metals company that was scheduled for 2009-2011. The government now estimates that companies will lay off about...
...many takers. That's hardly surprising, of course: while banks and companies are laying off managers and white-collar staff by the hundreds, heavy industries are laying off blue-collar workers by the thousands. The GAZ auto works in Nizhni Novgorod has shut down its assembly lines; the giant Magnitogorsk Iron and Steel Works in the Urals has placed 3,000 workers on forced leave...
...Soviet Union hurled itself feverishly into crash industrialization. The factory at Magnitogorsk grew bigger but never better. Today Russians must cope with the legacy of that era: pollution that blots out the light and deteriorating, inefficient furnaces making steel no one wants. "It's quite common," says a worker, "to commit suicide by throwing oneself into the liquid...
...have been nailed shut for decades are suddenly springing open. Jonathan Sanders, assistant director of the Harriman Institute, was recently supplied with hundreds of previously unpublished photos for a book in progress. A Berkeley graduate student, Stephen Kotkin, was permitted not only to visit the remote steelmaking city of Magnitogorsk last summer but also to write three separate columns on his observations for a local Soviet newspaper. In the most striking development of the new academic glasnost, Olin Robison, president of Middlebury, announced in September that a consortium of 18 Northeastern colleges has signed up for a program of undergraduate...