Word: pravda
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Time was when an editorial frown in Pravda could destroy the career of a party apparatchik or send a dissident to jail. But the demise of the Communist Party following last August's coup and the rising cost of newsprint today have put the squeeze on the former party newspaper. With its circulation down from 12 million to 1.3 million, Pravda announced last week that it will henceforth appear only on Tuesdays, Thursdays and Saturdays. It may go out of business altogether in April...
...urged joint action by members of the Commonwealth of Independent States to ease the crisis. Other leading experts doubt that monetary reform by itself can revitalize the economy. "The main task now is not to manipulate finances," Oleg Yashin, first vice president of the Savings Bank of Russia, told Pravda. Rather, he declared, "it is to enable every enterprise to develop, operate at full capacity, freely sell the output on the market and worthily reward the work of its personnel...
...Shevardnadze's resumed role will be far from what it was before. He will have to devote much of his time to resolving disputes with the republics rather than globe-trotting. Shevardnadze was hardly upbeat. "There is no reason for congratulations," he told the newspaper Komsomolskaya Pravda. "The time has come when the fate is being decided not just of our country, but of peace on our planet...
...most intriguing accounts came from Pavel Voshchanov, press & secretary to Russian President Boris Yeltsin. In a series in the daily Komsomolskaya Pravda, he quoted extensively from confidential party memorandums revealing that in 1988, eager to acquire foreign currency, the Communists had set up an "invisible party economy" that permitted them to hide money in overseas joint ventures and launder it through a network of domestic and foreign commercial banks. According to another story in the paper, since last December alone, the party has sold 280 billion rubles for $12 billion in U.S. currency, which was then funneled through party-controlled...
...Within an hour of the presidential order there was no one to talk to anymore," said Vladimir Gubarev, an editor at Pravda, which, like all other party newspapers, was suspended on Aug. 23 and failed to appear for the first time since the 1917 Bolshevik Revolution. "There is no one in the Central Committee Secretariat. No one in the Politburo. They all fled like mice...