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2009-12-09T02:04:57.571+03:00

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I absolutely agree that more federalisation is nee...

2009-09-14T04:17:05.255+04:00

I absolutely agree that more federalisation is needed, but absolutely don't agree on confederalisation.

For economy is not your entire life. At least it should not be it. :)

hi i really enjoy your Posts i like the history of...

2009-06-17T01:01:58.528+04:00

hi
i really enjoy your Posts
i like the history of Europe, specially of central and easten europe. I hope know more about Russia.
best regards from Chile.
www.jlizamavera.blogspot.com

Great work.

2008-11-10T15:26:00.000+03:00

Great work.

There's also a debate on whether the EU will survi...

2007-10-22T04:14:00.000+04:00

There's also a debate on whether the EU will survive at all as an economic entity.

Despite the integration of the Euro currency, countries in the EU have different agendas, social structures, economic situations, nationalistic sentiments, and political agendas. It's hard to believe that such differences will go away anytime soon, if ever, as evidenced by the rejection of the EU constitution.

I also want to point out that, as of right now, Belarus has a better chance of joining the EU than the NATO, if you take into consideration certain objections of the United States. Not that the chances of it joining the EU are very high.

Governments are inherently ineficient, because the...

2007-10-22T00:19:00.000+04:00

Governments are inherently ineficient, because they do not have the profit incentive. Also, governments are there to spend money, not save it, and bureacracies exist to perpetuate their own existence.

While the auditing profession is a noble one that plays an important role for investors, auditors can also get into trouble when they lose their impartiality, such as what happened with Arthur Andersen and WorldCom. It is very tempting for auditors to want to increase their revenues from a client by selling other services (IT, management consulting, etc), but it also creates a conflict for the audtiors.

missing you :)

2007-10-18T23:49:00.000+04:00

missing you :)

Hey! My liver would be very happy to know that, do...

2007-08-21T09:22:00.000+04:00

Hey! My liver would be very happy to know that, don't know if I should let him know, though.
Hope u're doing good. I'm currently in the US, and hopefully will be here until May, working. Feel like dropping by?

Here is the other side of Wafa Sultan discussion o...

2007-06-05T10:03:00.000+04:00

Here is the other side of Wafa Sultan discussion on al Jazeera -- part that was missing in mermi tv and hundreds of youtube videos of that discussion

Part1
http://www.youtube.com/watch?v=QRLWFKB30yk

Part2
http://www.youtube.com/watch?v=t4tKZv4THCA

Part 3
http://www.youtube.com/watch?v=us1dtTFHYjk&

Part4
http://www.youtube.com/watch?v=KpRPnwYHc9w

if you run your own business and love your work, t...

2007-05-28T09:53:00.000+04:00

if you run your own business and love your work, there is a danger that you are so engaged with work that you do not dedicate enough time to your family!

The USSR has abandoned liability on Imperial Russi...

2007-05-24T01:52:00.000+04:00

The USSR has abandoned liability on Imperial Russia's debt, but AFAIK the post-Soviet Russian Federation has been repaying debts of both the Empire and the USSR - and was successful at least with those of the Soviet Union.

Well, you know, Russia is a highly risky country to have business with. One can make huge returns - but the main thing then is not to delay with getting your money outta here :,( It has stabilised in last years, but we can never know what's gonna happen when oil prices drop again. Still, nothing seems to scare Western investors: neither the YUKOS affair, nor the problems with human rights and democracy. Foreign investmants to Russia have doubled in 2006 comparing to 2005...

My dear Alexander,What can I say to you? Your mess...

2007-05-23T12:33:00.000+04:00

My dear Alexander,

What can I say to you? Your message on the "trendy topic" of IPO's is so upbeat...

Enjoy the binge before the hangover...

In the late nineteenth century russian bond flotations were also a "trendy topic"; Russia bilked foreign investors (mainly Frecnh) to the tune of billions of gold roubles. The bonds all came with a russian government guarantee.

Not a single one was ever paid back...

Please read the following warning.

Sincerely,

Karolus.

RUSSIAN IPO INVESTOR ALERT

French holders of Russian government bonds remind investors that the Russian Federation is still in default today (May 2007) on their estimate of some US$ 90 billion owed to them since the Bolshevik, then the Soviet, and now the Russian Federation governments have all unilaterally repudiated Tsarist debt and refused any form of contact or dialogue with their legitimate bona fide creditors.

They also remind investors that in its Sep. 15th 2006 report entitled "Governance matters: a decade of measuring the quality of governance", the WORLD BANK has rated Russia's governance comparable to that of Swaziland, Zambia and Kazakhstan. Russia came 151st out of 208 countries in terms of (...) accountability, quality of regulatory bodies, and rule of law, (...). In particular, rule of law (i.e. the courts and the quality of contract enforcement) was judged as effective in Russia as it is in Ecuador, Indonesia, and Bangladesh. Nicaragua, East Timor, and China's ability to control corruption was judged similar to Russia's.

On February 26th 2007 the St. Petersburg Times, quoting a report from Vedomosti, wrote that "Surgutneftegaz managers covertly hold 72 % of the secretive oil firm" and that Deutsche UFG analysts had had to "raise its estimate number of outstanding shares from less than 26 billion to (...) 43 billion" which "implies a 40% dilution in the value of the stock".

In Paris on April 3rd 2007 to launch the merged NYSE-EURONEXT entity Mr. John Thain, the New York Stock Exchange CEO, warned that he was "very concerned about the quality of corporate governance, the transparency of company financials and the protection of minority shareholders. A number of Russian companies raise serious questions around these issues."

Despite these findings, and the main rating agencies' knowledge that Russia is in default on US$ 90 billion of Tsarist debt, Russia is rated "INVESTMENT GRADE" whereas it should clearly be in "SELECTIVE DEFAULT".

French bondholders intend to pursue their claim until full settlement at present value, by any legal means and in any jurisdiction they deem appropriate.

EVERY POTENTIAL INVESTOR IN RUSSIA MUST BE MADE AWARE OF THESE RISKS.

FRENCH CREDITORS OF THE RUSSIAN FEDERATION STRONGLY ADVISE AGAINST ANY FORM OF INVESTMENT IN A COUNTRY WHOSE SOLVENT GOVERNMENT HAS IN THEIR VIEW SYTEMATICALLY REFUSED TO FULFIL ITS NATIONAL AND INTERNATIONAL CONTRACTUAL OBLIGATIONS, REFUSES ALL CONTACT AND DIALOGUE WITH ITS LEGITIMATE BONA FIDE CREDITORS, AND REFUSES TO DISCLOSE LIABILITIES WORTH US$ 90 BILLION.
May 2007

Hi, don't you have a blog version in english? and ...

2007-04-27T10:34:00.000+04:00

Hi, don't you have a blog version in english? and another pic that is not about your hands? (lol)
Cheers,

chacha! bykova tebe napishet pro eb re-union skoro...

2007-04-03T22:48:00.000+04:00

chacha! bykova tebe napishet pro eb re-union skoro!

I'm not sure that in Europe there's the same proce...

2006-12-25T00:45:00.000+03:00

I'm not sure that in Europe there's the same process like here. From my own experience I only remember the very radical opposite of it - rapid denationalisation, secularism and agressive pseudo-tolerance, political pseudo-correctness crossing all borders of logics and self-respect.

That actually might be one of the reasons for people supporting populists like Haider and Le Pen and polarising the whole more and more :/

There are no good news from Russia at all for the past year...

PS: thanks! ))

So sad news, all throughout Europe there's many yo...

2006-12-24T20:16:00.000+03:00

So sad news, all throughout Europe there's many youths who are becoming fond of nazi or repressive movements. News from Russia seem to worsen every day...

PD: Merry Xmas!!

I'm so glad you like it! :)) Sorry for me still s...

2006-12-11T00:13:00.000+03:00

I'm so glad you like it! :))

Sorry for me still spoiling it with a little politics ;))

You know, in the last days I listen much to US and UK radios, read much in English - and I really do feel different and start seeing some things around me differently.

Might be interesting to make a think-only-in-Russian-day some day )))

That is definitely a good idea!

2006-12-10T00:19:00.000+03:00

That is definitely a good idea!

chacha, i enjoy this blog so much! i find most of ...

2006-12-09T17:49:00.000+03:00

chacha, i enjoy this blog so much! i find most of my thoughts here! i was recently re-calling my russian xp and i realized that the moment i started speaking and understanding what are the things lying benesth the russian words i started to better understand russians and life in russia.
i've been missing u! hugs from foggy sofia,
Ira

Why don't u add this photo to article in Wikipedia...

2006-12-09T01:40:00.000+03:00

Why don't u add this photo to article in Wikipedia about Slucak Rebellion?

Yeah, these male and female roles will never and n...

2006-12-08T15:04:00.000+03:00

Yeah, these male and female roles will never and nowhere be overcome, it's in the human nature :)