Saturday, April 29, 2006

National Boycott Plans Creating a New Divide

The 45-year-old illegal immigrant plans to skip work and march for immigrant rights on Monday for one reason: He hopes someday to become a legal resident of the United States. After six years here, he wants to visit the family he left behind in Mexico — without fear of arrest on his way back.

Lupe Moreno, 48, a Santa Ana social worker, American citizen and advocate for immigration control, will not join in the national boycott of work, school and consumer spending. After she finishes work, she said, she will engage in her own form of activism: purchasing a $1,000 big-screen TV to "support the U.S. economy as a proud Latino American."

And Luis Magana, a worker at the Sara Lee Bakery Group factory in Vernon, is still torn about what to do. "We want to show that our work counts. We pay taxes and help the economy," Magana said, referring to himself and his fellow workers. "But we need our jobs too."

Among other things, many are urging Congress to pass legislation that would create a path toward legalizing most of the nation's 11.5 million illegal immigrants, increase family visas and expand guest worker programs. The Senate is still debating such issues; the House passed a bill in December with strict enforcement provisions, such as making it felony to be in the United States without a valid visa, that many immigrant advocates consider punitive.

What began as a call for action by a small group of Los Angeles activists three months ago has gained dramatic momentum in recent days — with the boycott even drawing support from the California Senate. Some now see it as a measure of whether the newly energized immigrant rights movement will crest to new heights, stumble or provoke anger that hurts the cause.

The outcome is difficult to predict.

Spanish-language disc jockey Renan "El Cucuy" Almendarez Coello, who helped mobilize as many as 500,000 protesters in downtown Los Angeles in March, said the boycott goes against what immigrants represent.

"We are hard workers," he said. "We came to the United States to work. We should work Monday. Work dignifies us."

A recent survey by Garcia Research, a Burbank firm specializing in Latino market research, found overwhelming support in Los Angeles for a boycott of work and consumer spending.

"After so many years of working so hard, people feel they don't have voice," said Carlos Rojas, the firm's political analyst. "They see it as a way of showing the rest of society the power and dignity of the Latinos."

Feelings are running so high in some heavily Latino areas that many employers don't feel comfortable not closing for the day.

Thursday, April 20, 2006

Russia's 100 richest worth $248 billion

By Guy Faulconbridge

MOSCOW (Reuters) - The 100 richest Russians have assets worth $248 billion or more than a quarter of Russia's nominal gross domestic product, according to the Russian version of Forbes magazine which hit news-stands on Thursday.

Roman Abramovich, 39, owner of English soccer club Chelsea, stayed at the top with a fortune of $18.3 billion, a gain of $3.6 billion on last year, said the magazine.

Collectively, the fortunes of Russia's richest who are often termed "oligarchs" grew by $107 billion over the past year.

"The rich are becoming richer because the Russian economy is becoming richer," Kirill Vishnepolsky, deputy chief editor of Forbes in Russia, told Reuters.

"The value of many Russian companies has risen faster than the economy over the past year as they were undervalued."

Russia now has 44 dollar billionaires. But their fortunes compare to average wages of $3,600 per year, according to official Russian statistics.

Many ordinary Russians view the oligarchs with a mixture of envy and resentment and are quick to accuse them of having made illicit gains.

Russia's richest amassed massive fortunes and influence in the chaotic privatizations that followed the fall of the Soviet Union.