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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (58436)	11/29/2009 12:20:52 PM
From: elmatador	Read Replies (1) \| Respond to of 217619

What Dubai has in common with the UK: Both ran out of oil. Scottish Economy to Lag Behind Rest Of UK. Scotland is the first to sink. Then UK will follow. But note that English are masters of disguising the real situation they are in. nytimes.com

To: Haim R. Branisteanu who wrote (58436)	11/29/2009 1:04:28 PM
From: elmatador	Respond to of 217619

Putin Hails ‘Breakthrough’ With France on New Deals (Update1) France as he secured a 300 million-euro ($447 million) investment from Renault SA to rescue the ailing Russian auto industry and welcomed Electricite de France SA into a pipeline project to Europe By Lucian Kim and Lyubov Pronina Nov. 27 (Bloomberg) -- Prime Minister Vladimir Putin hailed a “breakthrough” in relations with France as he secured a 300 million-euro ($447 million) investment from Renault SA to rescue the ailing Russian auto industry and welcomed Electricite de France SA into a pipeline project to Europe. “What we’re observing today is a real breakthrough in our economic cooperation,” Putin said at a joint press conference with French Prime Minister Francois Fillon outside Paris today. Renault, which holds a quarter of OAO AvtoVAZ, agreed to invest 300 million euros in the ailing Russian automaker in new technology and “possibly” direct investments, Putin said. Earlier today, natural-gas exporter OAO Gazprom signed an agreement allowing EDF into its South Stream pipeline. Russian-French relations have intensified since the election of President Nicolas Sarkozy in 2007. Total SA joined OAO Gazprom’s Arctic Shtokman development and Renault, Europe’s second-biggest carmaker, became a shareholder in AvtoVAZ. Sarkozy, who at first criticized Putin’s policies, later built on trust developed by his predecessor Jacques Chirac, brokering the peace that ended Russia’s five-day war with Georgia in 2008. Renault will remain Russia’s “strategic partner,” Putin said. Nissan Motor Co., Renault’s alliance partner, may build cars with AvtoVAZ in Russia’s Far East, he said. “As far as energy is concerned, a new quality of cooperation has been reached between Russian and French partners,” Putin said. Armed Forces While EDF signed an accord on Gazprom’s South Stream project under the Black Sea, GDF Suez SA continued talks during Putin’s visit on joining a twin pipeline called Nord Stream under the Baltic Sea. Both projects would allow Russia to increase gas exports to Europe while bypassing transit countries such as Ukraine. Russia is also seeking French technology to modernize its outmoded armed forces. Putin said nothing had been decided on the purchase of a Mistral-class helicopter carrier and shrugged off concerns by neighbors such as Georgia that the warship could be used against them. “You’re the seller and we’re the buyer. There are other competing offers,” Putin said. “If we’re going to acquire a weapon, we’ll use it where we deem necessary.” Putin, who met with Fillon and Chirac, rejected speculation that Sarkozy had avoided him. Sarkozy had to travel to Brazil to prepare for the summit on climate change in Copenhagen next month, Fillon said. “Nothing has changed in our relationship, even though he’s such a big boss and I’m just a humble civil servant in the Russian administration,” said Putin, who handed over the presidency to protege Dmitry Medvedev last year. “In accordance with the Russian constitution, I had to leave the presidency and take a more modest position. This doesn’t bother me; in fact I like this job.” To contact the reporters on this story: Lucian Kim in Moscow at lkim3@bloomberg.net; Lyubov Pronina in Rambouillet, France, at lpronina@bloomberg.net

To: Haim R. Branisteanu who wrote (58436)	11/29/2009 6:44:55 PM
From: TobagoJack	2 Recommendations Read Replies (5) \| Respond to of 217619

and so, instead, eu will default by printing at some juncture THEY (all of officialdom of this planet) collectively may just well instigate a choreographed 'popular' people power movement to (i) forgive all debtors of fiat money obligations, (ii) make whole all creditors with elastic money, (iii) refill the financial centers, and (iv) announce "we promise not to do it again" in concert, and few would dare complain and expose self as enemy of the people and rebel against the state. the soc gen 'worst case' canot be the worst case, because it can be nullified with a few computer key strokes as and when enough are properly frightened and or properly motivated. fiat elastic money is wonderful, because it allows mistakes of just about any size, by any single nation, i.e. zimbabwe, and even more efficacious when used to allow mistake on galactic basis. yes, gold may get to 6k/oz when its trading is outlawed, and when so, rice could be priced at 7x current benchmark. we have been wandering at the edge of no-person-land since 1999, and now, in a surge, we enter, wondering would happen next even as we know what eventually must happen.