The industry is also caught in a web of inter-enterprise debt: it owes 7 billion hryvnyas to its workers and suppliers, and is in turn owed 3 billion hryvnyas by its customers, mostly power stations.

ECONOMIST: Ukraine

In his opening remarks Monday, in what is expected to be a lengthy trial, Assistant U.S. Attorney Steven Durham returned repeatedly to the image of Mr. Clemens caught up in a web of his own weaving, citing the famous poem by Sir Walter Scott.

WSJ: Pitching Great Wove Web Of Lies, Prosecutors Argue

There's delicious irony in the thought of a prominent politician being caught in the convoluted web of the tax disaster that he and his like have foisted on the American people.

FORBES: Hoist by his own tax code?

Motorola prevailed by asking Chinese Web company Baidu to be the default search engine on its phones, but could get caught in a second round of intrigue if Google exits the Chinese market completely, as it has threatened.

FORBES: Earnings Preview