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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Aug 05, 1994

Page

3

Russia's new super rich flaunt wealth abroad and at home

Wealthy Russians flock to Moscow shops, Paris, London and New York, spending heavily on luxury and real estate while facing kidnappings and crime fears. Analysts note rapid fortunes created by former party and factory bosses aided by rising biznesmeny, sparking fears of a criminal state despite little chance of returning to communism.

Moscow Russia Paris London New York Galya En Vogue Pavel Voshchanov Boris Yeltsin Communist Party

Russian Millionaires Hide Wealth as Gap With Poor Grows

Wealthy Russians rise in a new class of self made millionaires while the gap with the poor widens and tax and law enforcement practices obscure true fortunes. Harvard economist Marshall Goldman criticizes their ethics as an obstacle to reform. No. 1 is Vladimir Gusinsky of Most Group, vacationing, with No. 2 Oleg Boiko avoiding publicity. Foreigners observe ostentatious consumption but sticker shock is evident as prices appear irrelevant to Russia’s wealthy shoppers.

Russia Harvard Marshall Goldman Vladimir Gusinsky Most Group Gusinsky Oleg Boiko En Vogue Sandra Egan

NAACP Chief Chavis Refuses to Quit Amid Settlement

NAACP executive director Benjamin Chavis declines resignation after an out of court settlement with a former employee. Chapters in two states threaten funding. Chavis cites long membership and says he did nothing wrong. A lawyer's letter to Mary E. Stansel says the settlement involved discrimination, not harassment. Stansel declined to delete the harassment claim.

Washington NAACP Benjamin Chavis Chavis Mary E. Stansel Dr. Chavis Selma Ala Rose M. Sanders Ms. Stansel

Israel apologizes for 7 deaths in Lebanon strike

An Israeli jet bombed a two story house in Deir Zahrani Lebanon killing seven civilians including two children and wounding 13. Israel described the strike as a mistake and apologized for the losses after raids on a Hezbollah base in southern Lebanon.

Deir Zahrani Lebanon Israel Hezbollah Latin America Britain

Yugoslavia cuts ties with Bosnian Serbs

Belgrade withdraws support for Bosnia's Serbs and seals the border to most exports. Yugoslavia bans Bosnian Serb leaders from its territory, ending a 28 month war sponsorship and risking its own economy.

Belgrade Yugoslavia Bosnia Serbia Montenegro

Altman gone not forgotten in White House testimony row

Washington Senators from both parties renewed attacks on Deputy Treasury Secretary Roger Altman as White House aides testified he failed to fully correct his February testimony. The hearings focused on Treasury contacts with aides about RTC probe ties to the Clintons and Altman’s disclosure gaps.

Washington Treasury Roger Altman White House Whitewater Altman Senate Banking Committee Resolution Trust Corp Arkansas Clinton RTC Clintons Congress John D. Podesta Podesta Mr. Altman

Deodorant spray test on cows shocks Nebraska readers

In a Cold War era probe, Army scientists allegedly sprayed deodorant on cows at stockyards in Omaha and six cities in 1964 65 to study contamination risks. A later Army letter said only a 4 ounce can of deodorant was used, sparking disbelief from Rep Peter Hoagland who quipped at the imagery of covert operatives sneaking through stalls.

Omaha Neb Peter Hoagland D-Neb Army Hoagland

Rwandan refugees return home in western Rwanda

In Ruhengeri an 80 year old man revisits his mud brick home after fleeing months ago as fighting left villages leveled and food scarce. UN figures show 430000 Rwandans have crossed back into the country as civilians seek safety and leadership to rebuild their villages amid war.

Ruhengeri Rwanda Sebohozzo Concord Mr. Concord Zaire United Nations

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