"Someday I hope to build on it!"

ARTICLE: "Starr to Invest In Real Estate Inside Russia," by Liam Pleven, Wall Street Journal, 26 March 2007, p. C3.

A group set up by Hank Greenberg is diving in. He'll focus on prime office space, hotels and residential housing.

A Starr spokesman says the company is "comfortable' about the political situation there.

Compare that to yesterday's post on Chavez and you begin to see why Russia is Core and Venezuela is Gap.

Comments

[Charles Ganske]

You might find this interesting reading, though I imagine calling Putin's tax cuts supply side will give some people in D.C. heart burn.

http://www.russiablog.org/2007/03/russias_good_fortune_the_tax_r.php

There is also the finance section of Russia Blog (www.russiablog.org/finance)

As the Russian oligarch Oleg Deripaska said, "We had discussion with our advisory board of one of our companies last week...there was one comment from a very prominent member of British society who said, 'If you look at the front page it's a disaster. But if you go further down to the economics page it's brilliant.' We try to live on the economics page."