Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

03 December 2007

Last week in the news

I've read the overview of the last week news and one phrase captured my attention:
"резкое снижение цен на рынке недвижимости происходит только при экономических и политических катаклизмах" what means "sudden drop down in the prices at the real estate market happens only when there are economic and politic cataclysms"
The indicator is not a good one in my opinion. I am really afraid of the economic catastrophy in Belarus next year, but hopefully it will be somehow good for the people. Some shocks bring people back to the reality.

21 November 2007

Strong power ---> strong economy???

Prakapovich, the head of National Bank of Belarus, says:
"We have the strongest power in the world, therefore we must have the best conditions for economy as well."
Here is video in Russian: