Word: petersburg
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Last night, the posh Neva Express train, favored by senior officials and business people, was blown up by a homemade bomb in the Novgorod area en route from Moscow to St. Petersburg. Some four pounds (2 kg) of explosives derailed the train, wiping out 800 meters of track. Sixty people were reported injured, about half-dozen in critical condition. Only the train's high speed saved hundreds from death...
Would you change anything about your acting career? -Grant Curtiss, ST. PETERSBURG, FLA.No. It's a bit like The Butterfly Effect, that amazing science-fiction novel, where if you go back and alter one molecule of your past, the present that you're enjoying will disintegrate...
...favor the more nostalgic dreams of the Kremlin rulers. For all of Russia's economic recovery, its prospects are uncertain. Russia's population is dramatically shrinking, even as its Asian neighbors are growing and expanding their military and economic might. The glamour of Moscow and the glitter of St. Petersburg cannot obscure the fact that much of Russia still lacks a basic modern infrastructure...
...resurgent economy could help fuel growth in the area, but a recent trend toward economic protectionism is a potential threat. Several years ago, for example, Moscow tripled export taxes on goods traveling to Latvia in order to help its own ports, a measure that has pumped up St. Petersburg but slowed growth in rivals like Riga. And despite all the hype about free trade, the Baltic Sea region is still not capitalizing on its full potential: an economic study by the Swedish Board of Trade estimates that the elimination of existing investment and trade barriers in all Baltic Sea countries...
...bunch of far-flung cousins to run the business they own as a public trust. Lately there has been much talk of restructuring news organizations as actual trusts--that is, nonprofits. Florida's St. Petersburg Times is the biggest American paper that works this way; overseas the Guardian in England and the Frankfurter Allgemeine Zeitung in Germany are foundation owned. Creating these entities, though, requires a far greater sacrifice than any made so far by the Bancrofts, Grahams and Sulzbergers: they would have to hand over their shares without recompense...