From: gerald_a_levy (gerald_a_levy@msn.com)
Date: Sat Mar 01 2003 - 07:15:23 EST
The annual list of billionaires has been printed by _Forbes_ magazine (for full story, see www.forbes.com ). Particularly noteworthy is the list of billionaires from Russia. There are now -17- billionaires in Russia -- up from -0- in the year 2000. The _Forbes_ article claims that Russia may have the "highest billionaire-to-GDP ratio" in the world and in absolute terms only the US, Japan, and Germany have more billionaires. Most of Russia's billionaires made their fortunes in the oil industry. Fully story at http://www.forbes.com/global/2003/0317/074.html Neoliberal advocates of privatization must be heartened by this news: surely, they must see the potential wealth that can be redistributed globally by following "Russian model" for the oil industry, i.e. by privatizing the domestic oil industries of nations. One might ask, also, what role the domestic oil industry has for Russian foreign policy in relation to Iraq. In solidarity, Jerry
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