Soviet profits prompt renewed debate on capitalism and communism
The piece surveys profit sharing in state enterprises in Russia and parallels with Western mixed economies. It notes profits rising 25 percent in profitable state firms and sales up 10 percent, while discussing decentralization, incentives, and the evolving role of government in the economy amid ideological debates.
MENTIONED IN THIS ARTICLE
Russia
Jon
Enterbes
Liberman
United States
Gill Denies Banks Favoritism in State Deposits
North Carolina treasurer Edwin Gill rebutted charges by Rep. Sneed High that three banks receive a disproportionate share of state deposits. High cited 87 percent of checking funds with First Citizens, Wachovia, and NC National. Gill said state funds exceed $600 million and most are in federal securities, with 20 percent held in interest bearing CDs across the state.
MENTIONED IN THIS ARTICLE
Raleigh
Edwin Gill
North Carolina
Sneed High
D-Cumberland
Gill
High
Fayetteville
Ve Co
First Citizens Bank and Trust Co
North Carolina National Bank
Wachovia
Students Convicted In Shooting Court
State investigators arrested three students, ages 17 and 18, following a March 20 shooting at a teacher’s home. Each was fined 25 dollars, ordered to surrender driver licenses for 90 days, and pay part of 250 dollars in damages. The sheriff called it a teacher student incident with no racial overtones and not linked to other attacks on Rev Luther Coppedge.
MENTIONED IN THIS ARTICLE
Robert Lee Webster
State Yard of
John C. Joyner
Alton Parrish
Ronalda
Robert Speed
Luther Coppedge
Franklin County
Scott Says Raise Taxes If Needed
Charlotte Lt. Gov. Bob Scott, a Democratic governor candidate, says new education funding sources may be needed if his program requires them. He asserts the current tax structure could support his plan, which includes summer kindergartens and higher teacher salaries, and rejects being placed in any fixed ideological camp.
MENTIONED IN THIS ARTICLE
Charlotte
Bob Scott
Scott
Mel Broghton
Charlotte Jaycees
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Columbia Journal of World Business
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