Moscow tries to shore up dwindling Russian military
Moscow unveils plans to boost security spending to 28.5 percent of the budget as bombers appear over the Atlantic in a sign of the armed forces’ decline. Officials warn of aging missiles, underfunded air and naval fleets, and corruption in 1998, with military readiness far below Western standards.
MENTIONED IN THIS ARTICLE
OSCOW
Atlantic Ocean
Moscow
Russia
U.S
Iceland
Norway
Baltic
West
NATO
Yugoslavia
Alexander Lebed
British government seeks more entrepreneurs amid cautious culture
In London AP report on John Culverhouse who left newspaper work to found Fantastic Fireworks Ltd., now 15 employees and 2.2 million in annual sales. British officials tout workshops with 75 American entrepreneurs to spark risk taking, noting profit is seen as boastful and entrepreneurship is underrepresented in the economy.
MENTIONED IN THIS ARTICLE
London
John Culverhouse
Culverhouse
Fantastic Fireworks Ltd
Adam Smith
Britain
United Kingdom
U.K
Stephen Alambritis
Federation of Small Businesses
Andrew Parkinson
British Chambers of Commerce
London School of Business
Also Mentioned on This Page
Oly
Clear
Teen Jcpenney
J.C. Penney Cor
Pine Ranch
Bunkued
Antee Sini
Waa
Chrysler
Tymouth Neons
Plymouth Neons
Plymouth
Chryster Town & Country Limited