Word: russianizing
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...just got married. Her name is Svetlana. She's a Russian-born American citizen. She's proof that there's a lot more going on in this world than meets...
President Vladimir Putin is reaping the benefit of the soaring economy. His approval rating is a rock-solid 70%. That support has allowed Putin to brush off his critics in the West, where the Russian President is often painted as a throwback to autocracy. The Kremlin has tightened its grip on society in recent years, cracked down on nongovernmental organizations and maneuvered to take control of natural resources and other industries it deems strategic. The Bush Administration, which has grown uneasy about Russian assertiveness beyond its borders, issued an unusually harsh indictment last week when Vice President Dick Cheney said...
Indeed, growing numbers of ordinary Russians appear willing to trade some liberties for the economic opportunities that stability provides. Sergei Kuznetsov, 32, is one Russian in a hurry to live better. He used to sell sausage from a kiosk in Kaluga's open-air market, a tough business under any circumstances and particularly after the 1998 crisis, when the government temporarily suspended debt repayments and devalued the ruble 30%. But the economy recovered much faster than anyone expected. Together with his wife and a friend, Kuznetsov scraped and borrowed to buy a crude packaging machine and set up a business...
...revenues in a so-called stabilization fund that tops $55 billion, and Moscow is running a budget surplus equal to 7% of GDP. But economists are worried that the Kremlin hasn't used the fat years to cut back on the remnants of Soviet-era bureaucracy, modernize Russian industry or improve the overall investment climate. "Russia will continue to be hooked on oil revenue for the foreseeable future," says Ivan Szegvari, a Russian-economy specialist at the European Bank for Reconstruction and Development in London. Retailing is booming, but there are relatively few examples of other businesses that have whipped...
...When you visit his firm's vast London offices you understand what it must have been like to await an audience with the doge in 16th century Venice. Clients and would-be clients from around the world crisscross the reception area clutching their portfolios and chattering in Italian and Russian. The British press says his profits have been in decline. He even lost a commission last year to a firm established by a onetime Foster architect, Ken Shuttleworth, who reportedly left because of a dispute with Foster about sharing credit for the gherkin, which is known more formally...