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Old 07-20-2008, 10:28 AM
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Arrow Rich Russian banks to buy European rivals VIDEO

Investing in Russia today is like investing in McDonald's in 1950s or Miscosoft in 1980s.
Don't miss your chance.....





The purchase of major EU bank, B.M.P.S. by a Russian counterpart could mark the start of a shopping spree by the country’s cash-rich banks.

VIDEO - http://www.russiatoday.ru/business/news/24055/video


On Wednesday influential business daily Milano Finanza reported that a Russian consortium is eyeing the French and Belgian operations of Banca Monte dei Paschi di Siena SpA.

Observers believe only VTB or Sberbank has the resources to buy the assets put up for sale by the Italian major.
Experts think cash-rich Russian banks will not be able to resist the temptation to purchase European banks. The current credit crisis provides all the conditions for such deals: EU banks have become relatively cheap, while Russia's banks are full of cash.

However, some banking analysts do not see the logic for Russian banks to buy abroad. “I think the priority for any Russian bank’s management must be first to focus on the domestic market,” an expert from global investment bank Lehman Brothers said.

http://www.russiatoday.ru/business/news/24055
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Old 07-22-2008, 10:24 AM
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As wise people will say : there are more important things in life than money!


I am reasonably well-off and do not want for anything financially, but I would give up EVERY PENNY I OWN before I would give up any of the freedoms I enjoy under a true democractic society - that the Russian people do not have under their totalitarian oligarchy which they currently suffer.
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Old 07-22-2008, 03:18 PM
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Investing in today's Russia is like investing in McDonald's in 1950s or Miscosoft in 1980s.
Don't miss your chance.....
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Old 07-22-2008, 08:55 PM
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Originally Posted by North Pole Resident View Post
Investing in today's Russia is like investing in McDonald's in 1950s or Miscosoft in 1980s.
Don't miss your chance.....
I already do!

12% of my current shares portfolio are in a managed fund that invests in Russia and Chineese companies.

Britons are by far the biggest single Nationality that invest in Russia today. We know how to make money alright - that is why London is the biggest and best place in the World to do business and trade.


But as I said in my previous post :

"there are more important things in life than money!"

&

I would give up EVERY PENNY I OWN before I would give up any of the freedoms I enjoy under a true democractic society - that the Russian people do not have under their totalitarian oligarchy which they currently suffer.



But you can't engage in debate - you just Cut & Paste stories from the Russian State owned media.


Do you personally know anyone in Russia that holds a political view that differs from yours the one provided by the State? Or don't you associate with such "unpatriotic" people?
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Old 07-23-2008, 09:49 AM
Achilles The Myrmidon Achilles The Myrmidon is offline
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Originally Posted by lunecat View Post
I already do!

12% of my current shares portfolio are in a managed fund that invests in Russia and Chineese companies.

Britons are by far the biggest single Nationality that invest in Russia today. We know how to make money alright - that is why London is the biggest and best place in the World to do business and trade.


But as I said in my previous post :

"there are more important things in life than money!"

&

I would give up EVERY PENNY I OWN before I would give up any of the freedoms I enjoy under a true democractic society - that the Russian people do not have under their totalitarian oligarchy which they currently suffer.



But you can't engage in debate - you just Cut & Paste stories from the Russian State owned media.


Do you personally know anyone in Russia that holds a political view that differs from yours the one provided by the State? Or don't you associate with such "unpatriotic" people?
What freedom?Your country is still under English occupation...
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Old 07-23-2008, 11:40 PM
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Originally Posted by Achilles The Myrmidon View Post
What freedom?Your country is still under English occupation...
Please educate yourself - before you post such silly remarks!
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Old 07-23-2008, 11:45 PM
Achilles The Myrmidon Achilles The Myrmidon is offline
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Originally Posted by lunecat View Post
Please educate yourself - before you post such silly remarks!


Truth hurts, right?
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Old 07-24-2008, 07:29 AM
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Russia’s Trade Balance Surplus Up by 53.6%

The trade balance surplus in Russia grew by 53.6 percent to $70.2 billion in January to April of 2008, the Federal Customs Service announced.



Russia’s foreign trade turnover grew by 51 percent on year to $227.2 billion in January through April, according to customs statistics. Of this amount, the turnover with far-abroad states accounted for $193.7 billion (up 52.3 percent) and the turnover with CIS generated $33.5 billion (up 44.0 percent).

January-April exports stepped up by 51.6 percent to $148.7 billion. The exports to far-abroad states reached $126.3 billion (up 51.6 percent), while CIS accounted for $22.4 billion (up 51.8 percent up).

The imports equaled $78.5 billion, having widened by 49.9 percent on year; far-abroad states accounted for $67.4 billion (up 53.7 percent), CIS generated $11.1 billion (up 30.6 percent).

http://www.kommersant.com/p-12633/Balance_surplus
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Old 07-24-2008, 08:10 AM
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Quote:
Originally Posted by Achilles The Myrmidon View Post


Truth hurts, right?
I suspect you have been watching too much Braveheart


What you fail to have noticed is that its te Scots in the whole wot run the Union!
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Old 07-24-2008, 09:02 AM
Achilles The Myrmidon Achilles The Myrmidon is offline
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Originally Posted by lunecat View Post
I suspect you have been watching too much Braveheart


What you fail to have noticed is that its te Scots in the whole wot run the Union!
And i suspect that you are not a TRUE Scott.I suspect you are an English settler like Blair, Brown and Rangers fans...
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