Germany & Russia: Paige Potter
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Russia adopts new currency of Ruble

Paige Potter's insight:

RUSSIA

E= economic

-centeral bank voted on symbol for ruble

-ruble is the name of currency

-new desgin was to symbolize the ruble's stability 

-design is the cryillc "P" with horizontal stroke

-ruble had huge dowfalls from post- Soviet economic decline, but has gotten better since

-according to critics new syymbol could confuse people who use the latin alphabet

-Russian centeral bank said this year they will issue one new ruble coin with new symbol/ design printed on it

 

NTK= need to know

-how long has the name "Ruble" beena round for?

-why did they change the symbol

-did people have a say on what it looked like or was it decided bye one (free market; command economy)

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eLibrary: Login

Paige Potter's insight:

 http://www.elibrary.com/elibweb/elib/do/document?set=search&dictionaryClick=&secondaryNav=&groupid=1&requestid=lib_standard&resultid=3&edition=&ts=9B666F579B52E5B48F64B4E27E81C8AF_1387202641904&start=1&publicationId=&urn=urn%3Abigchalk%3AUS%3BBCLib%3Bdocument%3B113637188 ;

  RUSSIA

E=economic

-Russian president Putin is increasing social spending

-known as the new "course" of Russia's economic policy

-Putins recent promise was to spend $4 billion dollars annualy for the next few years for the country's neglected health and education systems

-At the time the spending surge looks good for Russia

 

S=social

-President uses his fall  from soaring oil prices to boost the living standards of his people, especially low-income public employees

-Risky because Russia's oil wealth could distract Putin from finishing important reforms

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Legal Battle Over Nazi-Seized Masterpiece Revived | TIME.com

Legal Battle Over Nazi-Seized Masterpiece Revived | TIME.com | Germany & Russia: Paige Potter | Scoop.it
(SAN FRANCISCO) — A federal appeals court has resurrected a Jewish family's long legal battle to regain ownership of a $20 million masterpiece seized in Nazi Germany during World War II. In a ruling Monday, the 9th U.S.
Paige Potter's insight:

E=economic

-Jewish family fighting to regain ownership of a 20 million dollar painting taken in Nazi Germany during World War II

 

GERMANY 

 

S=social

-9th circuit court of appeals reinstated  a California law allowing lawsuits opver artwork ownership disputes dating back as far as 100 years

-painting by Lilly Cassirer

-echanged in  1939 for about $360.00 dollars  and a visa to leave Nazi Germany

-Cassier's grandson filed a lawsuit in Los Angeles federal court

-case now goes back to trial court after lawfuit is filed

 

P=political

-Spanish goverment ended up with painting

 

NTK= need to know

-how did the Spanish governmetn end up with paitning?

-what did the painting look like?

-was it important to the family?

-was the Cassirer family jewish?

 

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E.U. Official: Ukraine’s President ‘Intends’ to Sign Trade Deal | TIME.com

E.U. Official: Ukraine’s President ‘Intends’ to Sign Trade Deal | TIME.com | Germany & Russia: Paige Potter | Scoop.it
Yanukovych didn't sign the agreement over fears of losing trade with Russia
Paige Potter's insight:

RUSSIA

S= social

-Ukraine president "intends" to signs a trade and cooperation deal with E.U.

-apparently Ukraine president made it clear he was choosing to sign the association agreement

-Approving deal would start to cure ukraine's short-term financial and economic issues, because a new investment from a different E.U. state

-protest in ukriane becasue of the president's choice of backing out of agreement, over fears of loosing trade with Russia

-President of Russia Vladmir Putin is trying to build and lead a Eurasian bloc of former Soviet nations that caps easter spread of influence.

-with out Eukriane the plan could get even worse, and fall apart

 

NTK= need to know

-what exactly is the treaty about?

-how bad was Eukraine's financial issues?

-why did they sign with Russia?

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eLibrary: Currency Crisis

Paige Potter's insight:

http://www.elibrary.com/elibweb/elib/do/document?set=search&dictionaryClick=&secondaryNav=&groupid=1&requestid=lib_standard&resultid=17&edition=&ts=9B666F579B52E5B48F64B4E27E81C8AF_1387203272734&start=1&publicationId=&urn=urn%3Abigchalk%3AUS%3BBCLib%3Bdocument%3B221619683&pdfflag=y

GERMANY 

 

E=economic

-Economist-are adapting the titular question of that famous song to another problem: the euro

-Argument for the monetary union was enhanced price competition, since goods and services would be priced in a single currency, which in turn would lead to greater transparency about relative costs across borders, thus increasing the efficiency of making financial decisions.

-The individual governments, of course, would surrender their own independent monetary authorities, so there would no longer be the option of currency devaluation to regain competitiveness

 

 

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