July 22, 1997 |
The woe-is-me countenance of Yuri Skomorokhov could be said to be the face of capitalist Russia. A successful business, a supportive family and a home in this verdant Volga River boomtown have yet to disabuse the 35-year-old entrepreneur of his conviction that Russia's turn of history forced him to sell his soul.
June 1, 1998 |
Only a few months ago, most Russians considered getting through the daily perils of the post-Soviet transition enough of an adventure to keep the blood racing. "Not anymore! Life is actually getting too predictable," a sea-splashed Alexei Yanpol declared after taking the bungee plunge from a construction platform high above the chilly Pacific waters lapping Vladivostok.
November 20, 1992 |
What stands smaller than a camping trailer, holds liquor, junk food and almost any other consumer item imaginable and embodies the hope of thousands of entrepreneurs in the former capital of the Communist world? A kiosk. Made of wood, corrugated metal, plate glass and steel bars, these tiny shoots of grass-roots capitalism create virtual strip malls outside subway stations, along all main streets and at every busy intersection in Moscow.
December 15, 1995 |
As a grocery store magnate who works 18-hour days and plows every ruble back into his business, Vasily Y. Pushkin might be expected to be quaking in his executive swivel chair over the Communist Party's prospects for returning to power. But the once-impoverished athletics coach, now running the kind of thriving private venture that has made Nizhny Novgorod a showcase of reform, is unruffled by forecasts of a strong Communist showing in Sunday's parliamentary election.
April 17, 1993 |
What began as a dignified speech by the Russian president before a group of the country's most powerful industrialists quickly dissolved into an embarrassing moment for Boris N. Yeltsin on Friday, as his audience openly scoffed at his assessment of the economic situation.
September 4, 1995 |
The rusty iron gates of the Kirov Factory creak open grudgingly, heralding the decrepitude and indifference within. A bored security guard, interrupted in his exercise of tipping back on the rear legs of his chair, eyes visitors languidly and takes another drag on his cigarette before bestirring himself to let them in.
February 7, 1992 |
Shoppers who walked into Grocery No. 70 a month ago usually found nothing but "emptiness," recalls Galina A. Polyanskaya, the store's director. "If you came early in the morning and stayed until late at night, you probably would have seen some product--a small quantity of sausage or milk--delivered," she said. "But within an hour and a half, it would have been sold, and the shelves would be empty again."
February 16, 1993 |
Thirty years ago, Yuri Belousov reported to work at the Chemical Fibers Plant in this Moscow suburb, eager to give himself to the kollective to help build the bright future promised by the Communist regime. Now his 25-year-old son, Alexei, who believes that he alone is the master of his future, is trying to buy part of the same factory. "I don't want to earn an hourly wage; I want to get a percentage of the profits. I want something of my own.
October 6, 1993 |
When tanks loyal to Russian President Boris N. Yeltsin attacked the Parliament building in Moscow on Monday, California businessman Paul E. Tatum could see the glow of flames and hear the report of machine guns from his window a kilometer away. But Tatum, who is a principal in a joint-venture hotel and business center not far from the Russian White House, saw the fighting not as the latest crisis for U.S. investors in the beleaguered nation, but rather as their best opportunity.
October 13, 1999 |
IKEA said it will open its first Russian store in Moscow in March, and it approved a site for a second Moscow store after the government agreed to reduce customs duties. Months of negotiations over the duties stalled IKEA's operations in Russia until it persuaded the government in August to cut duties. The privately held home furnishings retailer plans to open the $40-million store in northern Moscow on March 22, five months later than planned.