Word: stepanic
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Little wonder. GDP shrank by 15% last year and factories laid off thousands of workers. Transparency International's Corruption Perceptions Index for 2009 placed Ukraine 146th out of 180 countries, on the same level as Zimbabwe. "Things were better under Leonid Kuchma," says Stepan Grechkivskiy, who owns a milk factory in western Ukraine, referring to Yushchenko's authoritarian predecessor. "There was order, but now there is chaos." (Read more about Ukraine...
...coca in tea to stave off hunger and exhaustion for centuries - has been prohibited unless the cocaine alkaloid is removed. Few companies in the world have authorization to trade in the leaf and most are pharmaceutical companies that perform this decocainizing process. The most prominent is New Jersey-based Stepan Chemical Company which has been reported to supply Coca-Cola with its narcotic-free derivative. (Read about the anti-Red Bull: a drink that can calm you down...
...Coca-Cola has always used coca leaves for flavoring," says Luis Cutipa, Bolivian Director of Coca Industrialization, explaining that until 2003, Illinois-based Stepan Chemicals, which imports coca leaf under license from the U.S. Department of Justice and is reported to supply a narcotic-free derivative to Coca-Cola, bought leaves from Bolivia. Now, it buys from Peru. (The Peruvian government disclosed in 2005 that 115 tons of leaves are sent annually to Stepan...
...Coca-Cola refuses to discuss any aspect of its secret formula, while Stepan did not respond to requests to discuss its relationship with Coca-Cola. This coca without the cocaine element is the only exemption allowed by the U.N. for the plant's usage outside of the Andes and it is not clear whether patent law would allow Bolivia to use the same process as Stepan does to remove the cocaine alkaloid...
...Jakes had reneged on. Then Urbanek clinched a deal in which key figures among those expelled from the party 21 years ago refused to rejoin until the last hard-liners were thrown out of the Politburo. On Nov. 26 Urbanek reconvened the Central Committee and secured the resignations of Stepan, Zavadil and Lenart. The purge was complete...