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...once information became available that Ted Turner was considering buying into Media Most, Gazprom said that was an abrogation of the deal, and that NTV [Media Most's flagship TV network] had no right to independently seek a foreign investor. They insisted that this could happen only via Deutsche Bank, with the blessing of Gazprom. But Media Most officials say that Gazprom had informed Deutsche Bank that they were backing out of the deal, and that leaves NTV free to dispose of its stock as it chooses. But Andrei Tsimailo, deputy to Media Most chief Vladimir Gusinsky, today told Russian...
...Some commentators may question whether putting the State Department in the hands of a soldier creates an imbalance toward a military perspective in the new administration's national security team. After all, the views of the Pentagon typically find their way to the Oval Office via the defense secretary and Joint Chiefs chairman, where they sometimes collide with the diplomatic concerns that are the province of the secretary of state...
...market interacts with the economy. Both run in cycles. But because investors focus on the future, the stock-market cycle is usually ahead of the economic cycle by six months to a year. With an unprecedented 49% of all American households owning stocks, and so much information available immediately via the Web and financial TV channels, this linkage is tightening. But there will always be a gap between the market and the real economy. That means stocks may be at their lows just as a slowdown becomes apparent. Where are we today? The slump is just now smacking...
...rapidly as scores on a pinball machine, and ever more advanced handheld gadgets debuted at a dizzying speed. As the year progressed, those who didn't crave or couldn't indulge a moment's isolation began connecting to the Internet through cell phones or to instant-messaging systems via the BlackBerry two-way pager...
...able to sense tremors and other signs of stress in a prevaricator's voice. The Handy Truster comes in several colors, and its South Korean manufacturer, 911 Computer, insists that it's just for fun. (The pitch: "Enjoy the truth game with your colleagues!") It also works via cell phone for remote or uncooperative subjects. Don't hang up the lasso just yet, though. Handy Truster promises to catch only 8 lies...