Read the text below in order to answer questions 26 to 30.

STOCK OPTIONS

Twenty years ago, the biggest component of executive compensation was cash, in the form of salaries and bonuses. Stock options were just a footnote. Now the reverse is true. With astounding speed, stock option grants have come to dominate the pay - and often the wealth - of top executives throughout the United States. Last year, Jack Welch's unexercised GE options were valued at more than $260 million. Intel CEO Craig Barrett's were worth more than $100 million. Michael Eisner exercised 22 million options on Disney stock in 1988 alone, netting more than a half-billion dollars. In total, U.S. executives hold unexercised options worth tens of billions of dollars.

Read the text below in order to answer questions 26 to 30.

STOCK OPTIONS

Twenty years ago, the biggest component of executive compensation was cash, in the form of salaries and bonuses. Stock options were just a footnote. Now the reverse is true. With astounding speed, stock option grants have come to dominate the pay - and often the wealth - of top executives throughout the United States. Last year, Jack Welch's unexercised GE options were valued at more than $260 million. Intel CEO Craig Barrett's were worth more than $100 million. Michael Eisner exercised 22 million options on Disney stock in 1988 alone, netting more than a half-billion dollars. In total, U.S. executives hold unexercised options worth tens of billions of dollars.

Read the text below in order to answer questions 26 to 30.

STOCK OPTIONS

Twenty years ago, the biggest component of executive compensation was cash, in the form of salaries and bonuses. Stock options were just a footnote. Now the reverse is true. With astounding speed, stock option grants have come to dominate the pay - and often the wealth - of top executives throughout the United States. Last year, Jack Welch's unexercised GE options were valued at more than $260 million. Intel CEO Craig Barrett's were worth more than $100 million. Michael Eisner exercised 22 million options on Disney stock in 1988 alone, netting more than a half-billion dollars. In total, U.S. executives hold unexercised options worth tens of billions of dollars.

Read the text below in order to answer questions 26 to 30.

STOCK OPTIONS

Twenty years ago, the biggest component of executive compensation was cash, in the form of salaries and bonuses. Stock options were just a footnote. Now the reverse is true. With astounding speed, stock option grants have come to dominate the pay - and often the wealth - of top executives throughout the United States. Last year, Jack Welch's unexercised GE options were valued at more than $260 million. Intel CEO Craig Barrett's were worth more than $100 million. Michael Eisner exercised 22 million options on Disney stock in 1988 alone, netting more than a half-billion dollars. In total, U.S. executives hold unexercised options worth tens of billions of dollars.

Read the text below in order to answer questions 26 to 30.

STOCK OPTIONS

Twenty years ago, the biggest component of executive compensation was cash, in the form of salaries and bonuses. Stock options were just a footnote. Now the reverse is true. With astounding speed, stock option grants have come to dominate the pay - and often the wealth - of top executives throughout the United States. Last year, Jack Welch's unexercised GE options were valued at more than $260 million. Intel CEO Craig Barrett's were worth more than $100 million. Michael Eisner exercised 22 million options on Disney stock in 1988 alone, netting more than a half-billion dollars. In total, U.S. executives hold unexercised options worth tens of billions of dollars.

Read the text below in order to answer questions 21 to 25:

RUSSIA'S PROMISING FUTURE

Major political developments have been taking place in Russia since the early resignation of President Boris Yeltsin.

Andrew Hunt, economist at Dresdner RCM, says the present leader Putin - a former KGB agent - is seen as someone who can get taxes collected and close the budget deficit.

"The markets are excited and believe Putin can bring about change which can make Russia's economy function properly".

The ASP General, the stock market index in Russia, grew by 350% last year.

"We will see the stabilisation of the financial situation in Russia which has had a problem with tax collection, but this will improve and lead to a reduction in interest rates which were at 50% at the beginning of 2000. If inflation comes down to 25%, interest rates will come down 15%, within the next six months".

Read the text below in order to answer questions 21 to 25:

RUSSIA'S PROMISING FUTURE

Major political developments have been taking place in Russia since the early resignation of President Boris Yeltsin.

Andrew Hunt, economist at Dresdner RCM, says the present leader Putin - a former KGB agent - is seen as someone who can get taxes collected and close the budget deficit.

"The markets are excited and believe Putin can bring about change which can make Russia's economy function properly".

The ASP General, the stock market index in Russia, grew by 350% last year.

"We will see the stabilisation of the financial situation in Russia which has had a problem with tax collection, but this will improve and lead to a reduction in interest rates which were at 50% at the beginning of 2000. If inflation comes down to 25%, interest rates will come down 15%, within the next six months".

Read the text below in order to answer questions 21 to 25:

RUSSIA'S PROMISING FUTURE

Major political developments have been taking place in Russia since the early resignation of President Boris Yeltsin.

Andrew Hunt, economist at Dresdner RCM, says the present leader Putin - a former KGB agent - is seen as someone who can get taxes collected and close the budget deficit.

"The markets are excited and believe Putin can bring about change which can make Russia's economy function properly".

The ASP General, the stock market index in Russia, grew by 350% last year.

"We will see the stabilisation of the financial situation in Russia which has had a problem with tax collection, but this will improve and lead to a reduction in interest rates which were at 50% at the beginning of 2000. If inflation comes down to 25%, interest rates will come down 15%, within the next six months".

Read the text below in order to answer questions 21 to 25:

RUSSIA'S PROMISING FUTURE

Major political developments have been taking place in Russia since the early resignation of President Boris Yeltsin.

Andrew Hunt, economist at Dresdner RCM, says the present leader Putin - a former KGB agent - is seen as someone who can get taxes collected and close the budget deficit.

"The markets are excited and believe Putin can bring about change which can make Russia's economy function properly".

The ASP General, the stock market index in Russia, grew by 350% last year.

"We will see the stabilisation of the financial situation in Russia which has had a problem with tax collection, but this will improve and lead to a reduction in interest rates which were at 50% at the beginning of 2000. If inflation comes down to 25%, interest rates will come down 15%, within the next six months".

Read the text below in order to answer questions 21 to 25:

RUSSIA'S PROMISING FUTURE

Major political developments have been taking place in Russia since the early resignation of President Boris Yeltsin.

Andrew Hunt, economist at Dresdner RCM, says the present leader Putin - a former KGB agent - is seen as someone who can get taxes collected and close the budget deficit.

"The markets are excited and believe Putin can bring about change which can make Russia's economy function properly".

The ASP General, the stock market index in Russia, grew by 350% last year.

"We will see the stabilisation of the financial situation in Russia which has had a problem with tax collection, but this will improve and lead to a reduction in interest rates which were at 50% at the beginning of 2000. If inflation comes down to 25%, interest rates will come down 15%, within the next six months".