Word: postcommunist
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Elsewhere, savvy investors might have smelled a rat earlier. But this was postcommunist Russia, where capitalism is wild, woolly and new. The come-on, in any event, had been slick and seductive: pervasive TV commercials that wafted visions of apartments in Paris and vacations in California, and preposterous returns of 2,000% annually with no minimum investment. With those tactics, it did not take long for 5 million Russians to pour money into the offices of the MMM investment firm, the country's biggest and best-known stock fund...
...Democratic Party won 25% of the vote in the party preference poll, dealing a major blow to Yeltsin and the embattled democrats, Zhirinovsky has seen his support edge toward the mainstream. His followers now include military officers, well-groomed young men from the new commercial classes and middle- age, postcommunist apparatchiks...
...parliamentary election Dec. 19 in which all the parties supported Serbia's aggression -- although it has left the country a basket case. The Yugoslav mess is one reason some former hawks have become born-again doves. They have lost their interest in promoting democracy. They look at the postcommunist world and see that the most common cause of war is nationalist hatred -- which democracy, far from suppressing, actually gives vent...
Announcing a new postcommunist military doctrine last week, Russia's security chiefs declared that they view no country or alliance as an enemy. At the same time, Defense Minister Pavel Grachev took a dim view of NATO's moving its flags and formations closer to the Russian border. " NATO is a military alliance," he said. "So what does it need new members for? Against whom is it aimed...
PARIS -- French intelligence sources are worried about reports that the Russian mob (now enjoying a postcommunist boom) has made a deal with its Italian counterpart. The secret pact, the reports say, calls for the Italian Mafia to funnel drugs to the Russians in exchange for sophisticated armaments, perhaps even nuclear weapons. The arms, stolen or purchased from no-longer- Soviet arsenals in the southern Muslim republics, would then be resold to dangerous elements in Iraq, Iran, Syria and Libya...