Word: stakes
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...state-controlled conglomerate Gazprom, but indisputably coordinated in the highest reaches of Vladimir Putin's government. Journalists at Gusinsky's daily newspaper Segodnya and the weekly magazine Itogi received their walking papers Tuesday, and at week's end the embattled entrepreneur announced plans to sell his 49.5% stake in NTV, the nationwide TV network he founded in October 1993 that was independent until the week before. Deliverance, Gusinsky swiftly realized, has a price...
...media silencing has served another Putin purpose: discouraging foreigners from meddling in Russia's affairs. Ted Turner, the American founder of cnn who was prepared to buy Gusinsky's stake in NTV, is now likely to drop out of the deal following Gazprom's boardroom takeover that forced more than 300 staffers to walk out in protest. Newsweek severed ties with the freshly purged Itogi - which the American magazine had helped publish since 1996 - and asked the reconstituted periodical to stop using the Newsweek logo. Western governments scrambled to find creative ways of gently expressing their unqualified outrage. The European...
...last week's victims. Both Segodnya and Itogi had earned the Kremlin's disapproval for their clear-eyed reporting on embarrassments such as the Kursk submarine disaster and the quagmire in Chechnya. The publications were owned by Gusinsky's Sem Dnei publishing house, of which Gazprom held a 25% stake plus one share; another 25% was held by Sem Dnei's president, Dmitry Biryukov. After watching Gazprom eviscerate NTV, Biryukov parted company with Gusinsky. On Monday night, one hour before Segodnya was supposed to go to press, Biryukov told editor-in-chief Mikhail Berger that the issue would...
With so much at stake between two closely-matched teams, the series may turn on a wild card factor...
...with "strategic ambiguity" is that economic and political developments currently under way will break down the barriers between them, making peaceful reunification a real possibility. Indeed, with their own economy slowing, Taiwan's entrepreneurs are increasingly channeling their investments onto the mainland, giving the Taiwanese business community a major stake in reconciling Beijing and Taipei...