News Analysis: Austrian Residential Market Is Strong due in part to its substantial comparative Gross Domestic Product Per Capita Ranking in Europe. Its high ranking, in
conjunction with this Nation’s noted Infrastructure, bodes well for the Real Estate Market.
Austrians have good Individual Consumption rankings in Europe. As such, ‘higher end’ purchases, such as Real Property, “fit their molds”.
The fine Ski Facilities help provide even more benefits to residential purchases.
News Analysis: Iceland Justice Leaves Criminal Bankers Cold since they are Imprisoned for Years. These Demoralizing Punishments effectively imbue a Consciousness on Bankers throughout that Nation; “Do the Crime, Do the Time”.
Iceland’s Legal System is to be Applauded for its Common-Sense Approach to Bankers’ Behaviors. Nations to Iceland’s East and West merely give the Miscreants and their Corporations Monetary fines. Worthless!
To assist in stopping Banker’s Crimes, their Pain must Exceed their Gain. Certainty of Apprehension, Prosecution, and Incarceration gets their attention.
“All the Money in the World is not worth living for Years in a Jail Cell”, many people say. That Common-Sense Wisdom is Commendable.
“Honesty is the best Policy”. Reality.
Reference: http://rt.com/business/iceland-jail-kaupthing-bosses-186/
News Analysis: “Prelude” To A New Technology In Floating Liquefied Natural Gas Processing by Royal Dutch Shell is a 488 Meter (1,601 feet) Vessel (built by Samsung Shipyard In South Korea). This Vessel will be employed in the Indian Ocean offshore of Australia.
Royal Dutch Shell is to be commended for pursuing this State-of-the-Art Technology. Now, every effort should be made to let the World Petrochemical Users know of such a Reality; as well as the Great Expense Ventured in creating the “Prelude”. After doing so, perhaps Politicians will diminish their Sophomoric Rhetoric about the cost of Petrochemicals.
Billions of Dollars invested on Craft as the “Prelude” are not ‘sourced out of thin air’. They are derived from the results of ” Expensive Upstream (to this Vessel’s Operations) and Downstream Production” and Sales to Customers Worldwide. Reality.
Reference: http://tinyurl.com/lnawtfz
News Analysis: Russian Far East (RFE) Development Is A National Priority Stated President Vladimir Putin. To help facilitate investments in the area, many Tax and other Incentives will be offered. The ‘RFE’ is a 5.75+ Million Square Miles “Horn of Plenty” in terms of Mineral and Timber Assets.
Manufacturers may want to think about setting up Production Facilities in the ‘RFE’ since they would be close to the sources of their Raw Materials as well as a very large customer base in Asia.
Additionally, a large Educated and Intelligent Labor Pool is available for Manufacturing (as it is for Research and Development activities). Multi-Lingual Russians make communications easy for Foreign Investors.
Intelligent Investors should seriously consider undertaking “financial activities” in the ‘RFE’ since the Russian Government is ‘Extending its Hand’ to Entrepreneurs with Vision. A Resolute Leader, as is Mr. Putin, will assure success to those do.
The ‘RFE’ will be a Winning Situation for Investors, Manufacturers, and Russians. Reality.
News Analysis: Logo Copying By Others Is A “No-No” since it is really: Stealing A Written Conceptualization Created By Another Person. “Plagiarism” is the term used in Academia for this Intellectual Travesty. “Deceitfulness and Laziness” might be terms for it ‘on the Streets of the World’. How could a Person of Any Intellect Whatsoever possibly think the second logo was not ‘stolen’ from the first (after viewing the first)?
One might think that the “Guile” of those who asked for permission, to use that which was taken illegally, was of gigantic proportion. The Owner of the Logo was absolutely correct in refusing to accede to the Municipality’s desire to benefit from its ill-gotten “gains”.
The Virtues of Honesty and Integrity have to be practiced daily by all on Earth; those who do not will get their ‘just deserts”.
News Analysis: Russian Ruble Gets Its Own Symbol for International and Domestic Trade. Since this Symbol is New, Design Submissions from many Citizens. They were evaluated and decided upon after much discussion. It is helpful for both the Marketing of the Ruble to the General Public, International Traders, as well as to Central Banks to have a Recognized Communicable Symbol of a Nation’s Currency.
As more Nations engage in Ruble Denominated Transactions its appearance will be Omnipresent in the World. Reality.
Reference: http://rt.com/business/ruble-has-its-own-sign-038/
News Analysis: Kenyan Banker With A Wisdom Other Bankers Of The Globe Should Emulate came up in an apparent Difficult Economic Environment: He Earned His ‘Stripes’. Perhaps the “College of Hard Knocks” nourished his Inherent Wisdom to the point of it Flourishing in Him.
People Everywhere can learn that “Money Does Not Make The Man; Man Merely Makes The Money”. Psychological Assets such as: Honesty, Intellect, Tenacity, Virtue, Wisdom allow a Person to ‘Grow Aptly’.
Many People confuse Wealth (however attained-legally or otherwise) with Talent. How often we read about “Prince-lings” who are Arrogant, Crass, Selfish but have access to Money. In Reality they are to be Pitied for many of “Life’s Lessons” which may never be learned by them. Fate did them a dis-service. They probably will never have those Experiences which will cause the Positive Aforementioned Psychological Assets to develop; as it obviously did in this Kenyan Banker.
News Analysis: Russian Rouble is Acceptable in Chinese City as both Countries expand transactions freely. On the Sino-Russian border in Northeast China, Suifenhe, commences consumer currency interactions for Russian Shoppers.
This policy of using both Countries’ Currencies is very Wise. As these Nations rely more on their Own Currencies for Trade, the Dollar and the Euro decline in importance. For these Countries and possibly for other Nations, if they participate, More Currency Choices can be advantageous.
Since the American Currency is so Burdened with Multi-Trillion Dollar Debt underlying it (and little else), Wise Individuals will use other Units of Trade. The “Economic Black Hole” Washington, D.C., Leaders have created, the past few years, allow for “No Escaping Financial Light”.
The Enormous Debt of America CANNOT be Repaid in a U.S. Adult-Taxpayer’s Lifetime. Reality.
Reference: http://rt.com/business/china-ruble-currency-suifenhe-905/
News Analysis: Super-Power Control Of Other Nations Not Working In A Big “Poker Game”? Start a Small One for Influencing Countries. The World Trade Organization’s Bali, Indonesia, Conference, some say, did not deliver the effects desired by some participants. Since a bridge exists between Poor Nations vis-à-vis Richer Countries, different objectives exist. By establishing Smaller “Entente Cordiale Echange Commercial” Relationships, Greater Scrutiny by other Nations may be averted; but desired results attained.
The Trans Pacific Partnership (TPP) is one such “Smaller Poker Game”. It is stealthily being formulated by Pacific Ocean Abutting Nations (Omitting China and Russia). It allows a Super-Power to apply pressure on participating Nations without pertinent WORLD-WIDE Scrutiny by Non-Member Countries; (‘No Poker “Ante”; No Play’).
The International Objectives of Countries vary by their Structure. In some, Private Corporations determine Global Desires; in others, State-Run Companies determine ‘End Goals”. The common thread all appear to have is: Power Over Others; Resulting In Material Wealth Gained By The Successful Aggressor.
Countries may jointly conduct a “Poker Game”; however, the Country therein that “Controls” the ‘Playing Cards’ wins the “Pot”. Reality.
Reference: http://tinyurl.com/k6nkown
News Analysis: Forensic Accountants (FA’s), with Experience, are Priceless when looking for Fraudulent Accounting Irregularities. Those Individuals who “Cook The Books” are loathe to find “FA’s” reviewing their previous Numerical Machinations. The adage: “Figures do not Lie, But Liars Figure” apply to many. Embezzlers, “Ponzi Scheme” Operators, as well as a myriad of other ‘Slight of Hand’ Persons engage in ‘Bogus’ Accounting Entries in Financial Records.
As an example, Bernie Madoff, was the former Chairman of National Association of Securities Dealers Automated Quotations (NASDAQ). He was thought by “FA” Mr. Harry M. Markopolos to be engaged in a “Scam” against Investors. Mr. Markopolos reported his findings to the U.S. Securities and Exchange Commission (SEC), to NO AVAIL. In fact, it was reported that some even investigated Mr. Markopolos (the Messenger)! Both the SEC’s Inexperienced Accountants and Attorneys refused to believe that the former Chairman of NASDAQ “was a Crook”. A “FA” NEVER makes such a NAIVE CONCLUSION that Someone is Legitimate merely because of his or her former Occupation!
Some people, in retrospect, wonder if Monies were given to any SEC Attorneys to “Quash” or Delay any Investigations of Madoff? They opine: “If the Chairman of NASDAQ offers bribes, why would mere SEC Attorneys not have accepted? They do not earn much money and Bernie could pay. Look how many years he operated freely.”
Approximately Sixteen Years AFTER some suspicions were aroused about Bernie Madoff and his “Gang of Crooks” did the U.S. Government close down his Operations. PATHETIC! If the ‘SEC’ had PROMPTLY listened to Mr. Markopolos and sent EXPERIENCED “FA’s” to examine Bernie’s Books, the Ponzi Scheme would have been recognized and ended. Since it did not, Investors from All Over The World lost Billions of Dollars. Unfortunately, much money is still missing.
There are those who think that a Presidential Pardon for Bernie Madoff would allow him to enjoy his ill-gotten gains (as it occurred years earlier for Felon Marc Rich by being Pardoned by then-U.S. President William Jefferson Clinton; the last week of his term).
Corporations and Nations can do themselves a favor by recruiting and training “FA’s” to look at their Accounting Records and see where Embezzlement or other thefts may be occurring or may have occurred by their “Honest” Employees. Trust, But Verify.