Russia increases export duties – thats smart
Posted on May 24, 2008 - Filed Under Economy, Russia | Leave a Comment
The Russian Federation has increased the export duties on timber. This shows that the Russian government has understood a few basic about the economy that most of western and Norwegian economists has allowed to be forgotten.The forgotten lesson is that no country can get rich by exporting raw materials and importing finished goods. This is [...]
Fewer poor Russians
Posted on May 21, 2008 - Filed Under Russia | Leave a Comment
The BarentsObserver reports that the number of poor Russians are decreasing. This is very good news. Still more than 13 percent of Russians are living for less than 4005 rubels a month. That equals 170 US dollars or 840 Norwegian kroner. This is not much at a time when foodprices are soaring. Until the first of [...]
Five alike
Posted on May 13, 2008 - Filed Under Russia | 1 Comment
What is the most special thing about the upcoming mayoral election in Archangels? You could not guess? Five of the candidates have the same name. They are all called Sergei Moiseev. One could of course speculate how this may come about. The fact is that one of the Sergeis is a strong candidate, and a [...]
The US election seen from the outside
Posted on May 7, 2008 - Filed Under US election | Leave a Comment
In Norway at least it seems like the election in the US is onesided. By the looks it seems that the contest between Hillary and Obama decides who becomes president. John McCain is somewhat forgotten. I believe unfortunatly that McCain has good reson to be confident that he will win, come November. The reasons for [...]
Hello world!
Posted on May 4, 2008 - Filed Under Uncategorized | 1 Comment
Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!