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To: Bernard Levy who wrote (8517)9/15/2000 6:48:38 PM
From: Raymond Duray  Respond to of 12823
 
IMF/WB Prague Meetings and Planned Disruption

Hi Bernard,

I don't consider myself an anticapitalist, but I do feel that the IMF is in need of some reform, actually if it were to be disbanded, I don't feel that the world in general would mourn its passing. It really is a bureaucracy that is out of touch with all but the interests of portfolio-driven megabanks and multi-nationals, IMHO. That said, we should be able to expect some very interesting news footage. :))

flag.blackened.net
(This is an indigenous Czech group, AFAIK)

undercurrents.org
(This one appears to be more international in membership.)

inpeg.ecn.cz
More locals? And in English:
inpeg.ecn.cz

Legal Observers seem well organized:
oph.cz

Not only will the Northern European countries be represented:
<snip> Kat.
optima@magnet.gr
Greetings to you all. Many people here in Greece, including myself, are planning to be in Prague on September 26. Most people are coming in groups, by bus and we would like to know about the situation at the borders.
<end snip>

Here's the schedule for the meeting:
imf.org

I can't see what all the fuss is about. It sounds remarkably dull, on the surface. <w>

Best, Ray



To: Bernard Levy who wrote (8517)9/16/2000 2:09:14 AM
From: elmatador  Respond to of 12823
 
In the telecoms sector, Cesky Telecom -the incumbent telco- is very slow to privatize. Now -in Europe- the money is going into wireless. UMTS licences and to build 3G networks. Fixed line companies are not as attractive as they were a couple of years back.

The wireless opearators here are raking in the cash profiting from the new middle class who needs phones. Cesky Telecom is still providing lousy service. That augur badly for Cesky telecom. Whgen they will sell the rest of its operations -Teledenmark has already bought part of Cesky Telecom- it will not be very high valued.

Perhaps employees of such companies as Cesky Telecom will be protesting. They long for the "good" old days when people pretend they were working and the government pretend it was paying them.

The top guys for communist era are still in place in many companies. Until they are removed those companies cannot shape up for the time when this contry will join the EU.

I my opinion the IMF Conference is a way to boost the morale of the reformists to speed up the removal of the dead wood. Which is good for the country for the assets not rot away and lose value.

10% of the Czech population would think the return of communism would be a good idea. So we might expect some of them -mainly students- joining in the buses from West Europeans.

The protesters -to warm up- are protesting Temelin Nuclear Power Plant on the border with Austria.
Western Europeans don't like a new competitor setting up power plants to export electricity to Western Europe to compete with them. So the protest against Temelin is a bit self serving, I would say.

This is the site about Temelin:
american.edu

CASE NUMBER: 223
CASE MNEMONIC: TEMELIN
CASE NAME: Czech Temelin Nuclear Power Plant

A. IDENTIFICATION

1. The Issue

Two Soviet designed nuclear reactors in Temelin, in the Czech
Republic are to be completed and renovated by I & C Energo, a joint
venture consisting of Westinghouse Electrical Co. of Pittsburgh,
Ceske Energeticke Zavody (CEZ), the Czech state utility, and CME,
a private Czech concern. The funding for the Temelin project will
be guaranteed by a loan of $317 million by the U.S. Export Import
Bank (ExIm). The project has not only been approved by the ExIm,
but has been endorsed by the National Security Council, the U.S.
Regulatory Commission and the Clinton Administration. The Temelin
reactors would generate 2000 Megawatts of electricity, of which a
quarter would be available for export to Western Europe.