"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Tuesday, February 17, 2009

Lord Truscott appears looking after his Russian client's interests on HOL report on Georgia / Russia conflict

The European Union Committee - Third Report - After Georgia. The EU and Russia: Follow-Up Report with oral evidence from the august "Sir Humphey" - Sir Roderic Lyne, former British Ambassador to Moscow and Professor Robert Service, St Antony's College Oxford was published on Feb 3rd and is well worth a read.

Iterestingly one of the members of the ub Comittee was a cove with an interest in things russian , especially the intersts of Gazpromand his beautiful statuesque lady wife - My Noble Lord and first rate corrupt and dishonest public servant Truscott.He declared to the Committee his interests as Associate Fellow, Royal United Services Institute and Former Parliamentary Ambassador, British Council, Russia and Republics of the former Soviet Union

Overall conclusion

80. We agree with the overall policy of the Government and the European Union that it is important to remain engaged with Russia but, as we stated in our previous report, that engagement must be hard-headed, pragmatic and unsentimental.

The Georgian Times has a review of the report which provides a fascinating view from their perspective .. curiusly no mention really of role of US, Israel etc.,


Anonymous said...

“I do not know what is going on here, and I don’t think I want to.”…


ziz said...

Economists mainly equipped with shit for brains believe inhe "Market" where everyone is perfectly informed, rational, has clear profit aking objectices etc., etc., the FX markets are as sound as the huddled masses shuffling their bets outside Happy Valley on satrudays.

Consider (say as example) the recent share price moves of Baclays, RBOS, Lloyds,and the idea we have a stable market.

It is scandalous that all bank shares haven't been suspended on LSE.

The things that will move the FX market is Gubments ... Russkis China, Cambodia ...

This really is role of Shrillary in S Korea at present.

NDPRK hav many mena motives - total bollocks they surender their nukes - they haven't any lotsa crap Russki generals sold them when Soviet Russia broke up, rusting rockets probably unarmed ad didn't work anyway.

US is looking at scope ( + huge costs) of presence in Japan / Korea / Philippines.

Suest you try a good Horlicks efore sleepytime - if FX has yielded some profits recommend Godiva drinking chocolate which not only induces sleep but is an excellent aphrodisiac.

Anonymous said...

"I do not know what is going on here, and I don’t think I want to."

Picked this comment up on another blog...

"About this matter: I wonder if this is the Bank of Japan trying to pull another Great Asian Currency Crisis again? The Bank of Japan and Aso met with Hillary Clinton yesterday. Did she green light the drop in the yen?"...


Anonymous said...

“Clinton Hails Alliance With Japan”


(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish