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...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's victory in Ukraine showed that Russia wanted to pursue "an imperialist foreign policy but couldn't even achieve that." Shevtsova believes Putin is building an authoritarian system that "contains not only colossal menace...
Throughout Iraq, the hopeful anticipation of the coming exercise in democracy is tempered by an ever present dread. On patrol in Mosul last week, Pangelinan's unit stopped in front of an old man's house. As Americans handed out candy to neighborhood children, Pangelinan asked the Iraqi how he thought the election would go. "Hopefully it will succeed in Mosul," the man said. Pangelinan responded, "I know it will." A few minutes later, after Pangelinan and his men had moved on, a car bomb detonated in the distance, sending a halo of white smoke into the air. --With reporting...
...that P&G's ethnic-marketing division manages are ranked No. 1 among Hispanics in their categories, and five others are ranked second. "Senior management has tested our will and challenged us to blanket the market," says Graciela Eleta, director of P&G's Multicultural Business Development Organization, a unit the conglomerate created in 1999 to reach African, Asian and Hispanic Americans. "We Hispanics like to see who's going to put toda la carne al asador," says Alex L??pez Negrete, president of Lopez Negrete Communications, a Houston-based Hispanic marketing company. "All the meat on the grill. That...
...combined national advertising with grass-roots marketing to increase Hispanic share for three-quarters of the brands targeted by the multicultural unit. For example, P&G holds demonstrations in stores and homes to teach recent Hispanic immigrants the advantages of Bounty's "Quicker Picker Upper" paper towels vs. the sponges and rags with which many were raised. Bounty's Hispanic market share has jumped some 10%. "[P&G] won't lift a finger without talking to a customer, without finding out exactly what a customer wants," says Felipe Korzenny, a Hispanic-marketing professor at Florida State University and a consultant...
...terms of its oil reserves. But economists fear that, due to government pressure and national pride, managers will go for deals with inadequate regard for long-term corporate health. To keep growing, Lenovo needed to reach markets beyond the highly competitive domestic electronics sector, and buying IBM's PC unit gives the company control of one of America's most respected brands. But Lenovo's share price in Hong Kong has fallen 21% since the deal was announced in December. Investors are questioning the prudence of acquiring a unit that lost nearly $1 billion in the three-and-a-half...