2011-11-03

ECB with new boss and lower rate

QE is on the way.

The European Central Bank lowered its benchmark interest rate Thursday, as the new president, Mario Draghi, acted quickly to address a looming recession and acute tension caused by the sovereign debt crisis.

http://www.nytimes.com/2011/11/04/business/global/european-central-bank-cuts-rates-hoping-to-avert-downturn.html?_r=1

2011-10-06

Stive Jobs RIP

"What will be will be, the future is our to forge..."
                              "the captain"

I never liked Jobs as technical person, but he was truly great businessman,
except last several mounts when he behave very irresponsibly.

2011-09-29

The fall of Byzantine empire

Friend referred me to two movies about the fall of Byzantine empire.
One of the movies truly sucks :)

However, the other was very good. Unfortunately, the movie is in... Russian and have no subtitles.

If you know Russian, watch it. You will find lots of parallels between late Byzantine empire, Venice, Turks and today's big countries such USA, Germany, China and so on.

Here is the link:

Гибель империи. Византийский урок.
http://www.youtube.com/watch?v=w3hROzmN5MQ

And here is the embed: