TITLE

A Few Words Conveying a Lot

AUTHOR(S)
Sharma, Ruchir
PUB. DATE
June 2004
SOURCE
Newsweek (Atlantic Edition);6/28/2004 (Atlantic Edition), Vol. 143 Issue 26, p49
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article observes the reaction of Russian culture to the travail of former chairman of Yukos Oil Mikhail Khodorkovsky. It's rather tragic, since Russia has been one of the best-performing emerging markets over the past few years, and the two main protagonists engaged in the battle, Khodorkovsky and Russian President Vladimir Putin, were, not too long ago, cast as the mascots of a new Russia. Perhaps, then, the recent comments by Putin on the Yukos affair should give international critics cause to pause and reflect on his full four-year record in office. The Putin administration is seeking $3.4 billion in back taxes from Yukos, raising fears in the market that a company held up as a model of modernizing corporate governance in Russia could be driven into bankruptcy.
ACCESSION #
13617932

 

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