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Place? >> well, this is essentially a legacy of the very rapid privatization process that happened at the end of the soviet union. there were all sorts of things wrong with the privatization process but essentially the biggest thing wrong with it was that if you just gave away all of the crowned jewels of the soviet people and gave them to anyone, those people who owned them would have become property owners and would want to create the rule of law to protect their property. that hasn't happened because they managed to shift their ownership off shore and keep the assets in great britain, nethe...

minutes before someone called for help. the little girl named yuyu had been cared for since she was injured a week ago but died friday morning. spain's welcoming an announcement by the basqe separatest group eta says it will day lawn arms. more than 800 have died in their decades long fight for an independent state. those are the headlines. i'm zain verjee. "world business today" starts now. good morning in cnn london. i'm nina dos santos. >> and good afternoon from cnn hong kong, i'm andrew stevens. the top stories this friday, october the 21st. >> after gadhafi, the rebuilding ...

This is a new problem for a russian, right? but it turned out his re-election was really something to worry about. the country was kind of a mess, the government was broke. yeltsin was broke in terms of the assets and money he needed to mount his re-election campaign. and by '96, by the time he was running for re-election, there was this ongoing process of the former soviet union selling off what had been government-owned enterprises. they were deep into the process of privatizing what had been a totally state-run economy. but in order to finance his re-election in 1996, which he was very worr...