SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (24344)10/19/2007 9:57:12 PM
From: pogohere  Read Replies (1) | Respond to of 217561
 
Tehran Summit Unites Caspian States on Major Issues

Ashgabat/Tehran, 16 October 2007 (nCa/Agencies) --- In the second Caspian summit, held Tuesday in Tehran, the littoral states took a united stand on a number of issues facing the region.

The declaration signed at the end of the summit covers a wide range of subjects in its 25 articles. The document virtually binds the littoral states into a non-aggression commitment, warns the outsiders to refrain from using the Caspian region soil for military operations or interfering in any other way, supports the right of Iran to pursue nuclear technology for peaceful purposes, and defines perimeters for ecological integrity of Caspian.

"Chairing the meeting at the airport, Berdymuhamedov said that no effort should be spared to fulfill the obligations arising from the agreement signed in Tehran for construction of Turkmenistan-Kazakhstan-Iran railway line that would link the Central Asian region with Russia on one side and the Persian Gulf on the other.

He said that Turkmenistan initiated the idea of the railway link and it would help transit millions of tons of cargo annually.

. . .

It is difficult to wrap one’s mind around the enormous potential of the North-South corridor.

If the discovery of the sea routes was the death of the Silk Road, the establishment of North-South corridor could reverse the course of history.

If the transportation time between South Asia and Europe is cut down by eight days and the freight charges are slashed by US $ 500 per container, would there be any businessman in South and Central Asia or China who would refuse to use the North-South corridor?

And, it cuts both ways: Would there be any businessman in Europe who would decline to send his cargo through North-South corridor merely on ideological grounds?

If this doesn’t sound like real-big thing, here is more:

Reduced freight costs and short transportation time would make Chinese goods even more competitive in the European markets. If nothing else, it would help China improve wages of its workers without increasing the export prices.

The North-South corridor would give birth to free trade and industrial zones along the way in Iran, Turkmenistan, Kazakhstan and Russia. It would encourage European manufacturers to relocate their facilities to any convenient location along the North-South corridor and ship the end product in either direction at minimum cost swiftly.

If it still doesn’t sound impressive, let’s add another charm to the North-South corridor.

Nearly half of the world cargo passing through Russia would mean that Kremlin would always be able to play a global role even after the demise of the hydrocarbon resources.

turkishweekly.net



To: TobagoJack who wrote (24344)10/20/2007 2:14:02 AM
From: Archie Meeties  Read Replies (1) | Respond to of 217561
 
My favorite quote...

"If symbolism was your goal though, perhaps you should have gone for Lee Hun-jai, the courageous head of the Korean restructuring effort post-1998 who actually achieved more in five years than the likes of Japan, Italy, Germany and Russia among you managed in your entire history."

made my day!



To: TobagoJack who wrote (24344)10/20/2007 2:59:00 PM
From: energyplay  Read Replies (2) | Respond to of 217561
 
The "Dear Dinosaurs" article (more like a rant) seems to have a bit of envy and frustration. I enjoyed it a lot.

Reminds me of Gen-Xers (generation X) wishing for the Boomer generation to leave so they can run things.

We should review this about 3 and 7 years from now and see how much has changed.

I like this line -

>>>"You want foreigners to buy your worthless debt but not your brands or your technology?"<<<

Well, the Koreans have made their own brands (Samsung, LG, and Hyundai) and some of their own technology.

What's the matter, the rest of Asia (ex-Japan) can't make their own brands and technology ?

*********

I expect some Asian companies will have some of the own brands and technology, and the ones that can't (actually won't) create will whine like this guy...

*********

Anyway, this suggests an investment strategy: at the next Asia stock drop, buy new BRANDED Asian consumer goods companies and companies with some success developing their own technology.

By saying new, that does tend to excluded many established Japanese brands, like Shisehido, Honda, Sony, etc. That might be an error in some cases.



To: TobagoJack who wrote (24344)10/20/2007 11:53:49 PM
From: Dr. Voodoo  Read Replies (2) | Respond to of 217561
 
Ummm...

So who's a bigger dummy? The country who lets their currency fall to the point its countrymen are about to piss their pants, or the country who pegged their currency to the country who is about to make a killing making the guys who pegged their currency to said country piss their pants?????

Inflation sucks don't it? Get used to it.

I might even understand the dood's frustration. But like it or not there is still a sheetpile of direct foreign investment that is driving emerging economic growth. There is also a sheetpile of technology that they'll never see if they keep ripping us off. And like it or not, it's gonna be pretty hard to hang those 57" flat screens in those tiny ass apartments most people in those emerging markets are living in...

If G7 takes a crap in the punchbowl everyone loses. Everyone. There is no sense getting indignant about it.

Go ahead, push! At least then we'd get to look at how well the chinese have cooked the books! And when we're all lined up at the bank window me, ilaine and Chan here can find out if chinese pitchforks work just as good as american ones!