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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (57538)12/23/2004 1:19:38 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 74559
 
Would disagree with you - we will not move in a more balanced world but backwards to Brezhniev times ... and I do not like it a bit.

I wish the world would be as you state - "mono - pole" headed by the US



To: TobagoJack who wrote (57538)12/23/2004 1:21:15 PM
From: RealMuLan  Respond to of 74559
 
--ggg--"Putin surprised with US court decision"
The decision of the US Bankruptcy court on Yuganskneftegaz voiced by a judge in Houston surprised Russian President Vladimir Putin, as he announced at a press conference in the Kremlin. The Russian leader said the he doubted whether the judge was professional enough. “I’m not sure, she knows where Russia is,” he said.

Putin stressed that the decision of the US court was first of all impolite in terms of international policies, as the two equal parties are not entitled to judge each other. “We are not satisfied with this way of establishing international relations, as all members of the community should be sovereign,” the President said.

This was about the ruling of the US Bankruptcy Court in Houston (Texas). YUKOS filed for bankruptcy protection with this court challenging the actions of Russian authorities, which set its major oil producing subsidiary Yuganskneftegaz for sale. The court blocked the auction, but Russia ignored the ruling.

Yuganskneftegaz was sold to previously-unknown Baikal Finance Group on December 19. Recently formed Gazpromneft participated in the auction but its representatives voiced no bids. It was later disclosed that Gazpromneft had changed the owner before the auction and the board of Gazprom had approved the deal post factum. New owner of Gazpromneft is also little known about. Financial details of the detail were not disclosed. This was not the last purchase. Baikal Finance Group was sold to Rosneft last night.

As for the auction of Yuganskneftegaz, Putin expressed his belief that the deal was concluded without violations of international laws and regulations and Russia met its obligations under international treaties.

gateway2russia.com



To: TobagoJack who wrote (57538)12/23/2004 2:47:47 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
<There is the beginnings of a semblance to a more balanced world, however messy, better than a 'mono-pole' planet that would be truly dangerous. So, more poles, better, lots of pole, best of all.>

Jay, so you are in favour of Taiwan remaining independent!

Excellent.

Mq