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'[OT] Russian oil fields - arcane dealings'
2004\12\22@164103 by Russell McMahon

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Strange goings on in Russian forced sales of oil fields to pay taxes. The
real buyer is unknown to most. Sale price was about $US9.3 billion but the
assets are worth far more than this.

       http://www.nytimes.com/2004/12/20/business/worldbusiness/20russia.html?th=&oref=login&pagewanted=print&position=

Implications are significant for Russian democracy and its financial
credibility.



       RM

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2004\12\23@030840 by Wouter van Ooijen

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> Implications are significant for Russian democracy and its financial
credibility.

I did not know either of those existed?

Wouter van Ooijen

-- -------------------------------------------
Van Ooijen Technische Informatica: http://www.voti.nl
consultancy, development, PICmicro products
docent Hogeschool van Utrecht: http://www.voti.nl/hvu


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2004\12\23@064612 by Morgan Olsson

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Russell McMahon 22:40 2004-12-22:
>Implications are significant for Russian democracy and its financial credibility.

Yes, it is a two-egged sword...:

If government do not enforce order and tax payment democracy and market will crash

It they enforce too much investors will not go to Russia

Problem is it have been too much gangster, one-party dictatorship (called communist but it certainly never was), and big companies ruling, therefor also weak market low resource etc.  This *might* be rigth decision for a good start, although it in parts look strange.  I know to little to tell, but lets hope.

/Morgan
--
Morgan Olsson, Kivik, Sweden

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2004\12\23@100237 by jrem

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the problem is foreign investment, which is the major reason why
France, Germany, and Russia opposed the Iraq invasion.




--- Wouter van Ooijen <spam_OUTwouterTakeThisOuTspamvoti.nl> wrote:

{Quote hidden}

> ______________________________________________

2004\12\23@214454 by Carey Fisher - NCS

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  > -----Original Message-----
  > From: .....piclist-bouncesKILLspamspam@spam@MIT.EDU
  > [piclist-bouncesspamKILLspamMIT.EDU]On Behalf Of jrem
  > Sent: Thursday, December 23, 2004 10:03 AM
  > To: Microcontroller discussion list - Public.
  > Subject: RE: [OT] Russian oil fields - arcane dealings
  >
  >
  > the problem is foreign investment, which is the major reason why
  > France, Germany, and Russia opposed the Iraq invasion.
  >

No, They opposed the Iraq invasion because Saddam was paying them
money he stole from the UN Food-for-Oil program.

 
 
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2004\12\24@005946 by Russell McMahon

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>   > the problem is foreign investment, which is the major reason why
>   > France, Germany, and Russia opposed the Iraq invasion.

> No, They opposed the Iraq invasion because Saddam was paying them
> money he stole from the UN Food-for-Oil program.

I warrant this thread will have a short remaining life if great care is not
taken where the conversation goes next. All, some or none of the above may
be true, but when it comes down to opinions on such matters, or even "facts"
that one is sure of but which others contend, then it's usually not long
before a full scale slanging match occurs.


       RM

2004\12\24@075001 by Dan Smith

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On Fri, 24 Dec 2004 18:37:23 +1300, Russell McMahon
<.....apptechKILLspamspam.....paradise.net.nz> wrote:

> I warrant this thread will have a short remaining life if great care is not
> taken where the conversation goes next. All, some or none of the above may
> be true, but when it comes down to opinions on such matters, or even "facts"
> that one is sure of but which others contend, then it's usually not long
> before a full scale slanging match occurs.

Well said Russell.  Or as my Mum used to warn me as a child, "it'll
only end in tears..." :-)

Civilised discussions I have no problem with, but please take all
slanging matches off list.

Dan
List Co-Admin

2004\12\24@075641 by Josh Koffman

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On Fri, 24 Dec 2004 18:37:23 +1300, Russell McMahon
<EraseMEapptechspam_OUTspamTakeThisOuTparadise.net.nz> wrote:
<snip>
> that one is sure of but which others contend, then it's usually not long
> before a full scale slanging match occurs.

Is that when we all use the language of the street to get our point across?

Mind if I aks you a question?

:)

Josh
--
A common mistake that people make when trying to design something
completely foolproof is to underestimate the ingenuity of complete
fools.
       -Douglas Adams

2004\12\27@115345 by Mike Hord

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> Implications are significant for Russian democracy and its financial
> credibility.

Ties into my earlier posting about the fiscal practices on the island
of Nauru.  Apparently, several tens of billions of dollars of the Russian
economy were transferred through electronic banks established on
Nauru, disappearing (forever?) into the ether of shady business.

The excellent PRI program "This American Life" has a story detailing
the rise and fall of the modern nation state of Nauru, touching on the
disappearance of the Russian economy through Nauru's banks.

http://www.thislife.org/ra/253.ram

Mike H.

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