NationStates Jolt Archive

Space Union's Economy Begins To Faulter; Singh Tries To Reassure Nation

Ayadi, Space Union - Only days after Federate Satpul Singh took office, along with the end of the Dictatoral Crisis, as the Mann debtacle has been called, Singh is faced with another looming problem that is potentionally worse than any other circumstance: economic depression and slide.

With economist around the world, notebally in The Golden Throne of The Macabees, warning of a possible depression in Space Union after the crisis, it seems to be coming true. The Department of Economics released a statistic today with grim news of the lowest amount of investment in the nation's history since the 1980 economic crisis. Economist warned that because of the switch to and then back from Absolute Capitalism, investor's confidence has been severly shaken to the point that it has come to an all-time low.

Satpul held an emergency press conference today to reassure the citizens of Space Union on the future problems, "I wish to make send a message to every Space Union citizen saying that their government knows of this looming economic problem and is doing whatever it takes to stop it from coming." But most agree that there is little the Federate can do other than try and regain trust, though it is expected to take at least a year to gain pre-crisis levels in Space Union, though, most likely longer.

With this word, stockholders went into a selling frenzy to avoid the crisis as the Space Union's economy's engine began to faulter. With the frantic selling, stocks have plunged down and become far less valuable than before. The National Union Stock Exchange (NUSE) plunged 25% down from its origional value within 24 hours. As stockholders begin to sell and companies begin to lose value, big names are thinking about starting to lay-off workers to compensate for their decreasing capability and funding. This news has come under fire from Labor Unions who have threatened to have employees who get layed-off to sell their stock further and plunge the company further into crisis. If this occurs, most likely more people will become unemployed and production will begin to shrink as demand begins to subsidize resulting in a possible problem of deflation.

Meanwhile, the government is actively taking steps to stop this crisis before it matures. The new Secretary of Economics, Stevan Singh, has said, "In the interest of trying to solve this problem, the Federal Reserve is looking into decreasing the Federal Interest Rate to stir economic growth." But even this might not be enough to stem the tides of depression as the economy begins to faulter and crash around.

A key economist in Space Union, Seth McDain, commented on the situaton. "I believe this crisis may turn into a full-blown crisis if it continues down this path. Harsimran's last actions have potentionally slid the economy into a dire state. If it continues this way, not only will this have profound effects on the economy, our allies and trading partners may face a slight economic blow as trade with Space Union decreases too fast for them to replenish, though, it will only have marginal effects if they act quickly to compensate for the problem."

As the nation braces for economic crash and the Singh Administration tries to stem the tides, it seems that darkness lays on the horizon for the Space Union economy.

[OOC: I'll delete this once i've got an answer, but do you want us to use the OOC thread for this? If so, could I have a link? I've got an idea...]

[OOC: I'll delete this once i've got an answer, but do you want us to use the OOC thread for this? If so, could I have a link? I've got an idea...]

Just TG me with your idea.

Economíer Revenziat
[Economist Magazine]
Macabee Economist Offer Solution

After predicting an eventual fall in the Federation's economy, which ended up coming to life, Macabee economist have stepped up to offer a viable solution. Nonetheless, top AbsoCap author and theorist, Viernas, offered his point of view, "Frankly, there must be a lot of flak up against the Golden Throne, and for all the excellent points our economist might bring up, whether or not they will actually be taken to heart is doubtful, knowing that our solutions are also rather close to Absolute Capitalism - something that I believe Singh wants to move against, although I am also of the belief that at this point the synthesis has gone so far that a complete move away from what is only natural, is, in fact, impossible."

However, unwavering, Macabee economist have laid out a short and long term plan for Space Union, offering several interesting ideas that had also been proven successful in boosting the Macabee economy during the recent economic surge, even during the murderous War of Golden Succession. Jench Fersas, heading to Space Union for the trial of ex-Federate Mann, expressed, "If used, the Union's economy is most likely to stabilize within the coming months."

As written in a recent pamphlet, we offer it for our readers:


The administration of Space Union declares all trade restrictions cancelled, meaning that foreign investors, regardless of source nation will be able to invest capital, which in the end, is what is completely necessary for the economy of Space Union. Doing this, no matter politics, is a sure way to boost capital levels quickly and effectively.
The economy and its business, although not owned by the state, should work for the state; thus, an improvement in the economy means a wholesale improvement in the state budget, allowing for a circle of success to be invariable. More accurately, a rise in the economy's 'budget', consequently means a greater distribution of income, which means that the flat income tax rate across the board will reap higher profits, and this is always reinvested into business as the government makes it's never ending purchases, which thus allows the greater growth of capital in the economy, and it continues as such.
As a short term solution, Space Union can always take loans from foreign banks, forcing foreign invesment if the bank agrees. Meaning, Space Union can goad major investors back into the Union's economy, even if they are unwilling. Money is a very big persuasion force.


Through this, it is argued, that the Space Union economy would return to its track and provide Space Union with a stabilization force. In the end, however, it is largely up to Space Union.

OOC: I hope you dont mind if I join in? And for the purposes of this RP lets assume the Tech-Com Corporation has some investments in your nation? Also, instead of newspaper, I will be doing something different.

IC:The words RTN flashed across the screen as Tatania Kapinski prepared for the next segment. This one was the last one for the day... meaning certainly it would do with the world economy. The words RTN faded, Tatiana turned to face the screen and began to speak.

"Today, a economic downplunge appears to be effecting the nation of Space union. As a result of recent turmoil involving their leadership and a ecnomic system that is, in some ways, implemented in Red Tide, the Space union appears to be on the verge of economic depression."

"Reports from the nations own newspapers say that the primary stock market there, named National Union Stock Exchange, plummeted a disastrous 25%. As a result, the Tech-Com Corporations CEO claimed that if the economic situation in Space Union does not improve, they will consider withdrawing certain major investments they have in the country."

"In addition to this recent crisis, top Economists in the nation of Macabees encouraged the Space Union to adopt the very economic system that caused this downturn in the first place, Absolute Capitilism. Whether the Goverment of Space Union adopts these recommendations remain to be seen."

Then it was time for the wrap up, after saying a couple of propagandistic words about the Red tide Goverment, the RTN logged off.

OOC: I hope you dont mind if I join in? And for the purposes of this RP lets assume the Tech-Com Corporation has some investments in your nation? Also, instead of newspaper, I will be doing something different.

IC:The words RTN flashed across the screen as Tatania Kapinski prepared for the next segment. This one was the last one for the day... meaning certainly it would do with the world economy. The words RTN faded, Tatiana turned to face the screen and began to speak.

"Today, a ecnomic downplunge appears to be effecting the nation of Space union. As a result of recent turmoil involving their leadership and a ecnomic system that is, in some ways, implemented in Red Tide, the Space union appears to be on the verge of economic depression."

"Reports from the nations own newspapers say that the primary stock market there, named National Union Stock Exchange, plummeted a disastrous 25%. As a result, the Tech-Com Corporations CEO claimed that if the economic situation in Space Union does not improve, they will consider withdrawing certain major investments they have in the country."

"In addition to this recent crisis, top Economists in the nation of Macabees encouraged the Space Union to adopt the very economic system that caused this downturn in the first place, Absolute Capitilism. Whether the Goverment of Space Union adopts these recommendations remain to be seen."

Then it was time for the wrap up, after saying a couple of prpagandistic words about the Red tide Goverment, the RTN logged off.

OOC: Sure. :)

National Union Stock Exchange Crashes! Federate Fears Depression!

Ayadi, Space Union - In one of Space Union's most horrible events in its history, Space Union's main stock exchange, the National Union Stock Exchange, crashed for the first time in over a half-century.

Only hours ago, the stock exchange that had been the engine of the Space Union economy came to a failing end when it crashed after a frantic selling frenzy that plummetted stock prices causing a further panic that swept the market in the largest finiancial disaster Space Union has ever faced. Noteable companies, such as Federal Army Suppliers Corporation (FASC)'s stock price fell from an all-time high of over $200 to less than $20 within an hour. Other stocks have followed suit in their downfall. With stocks falling and some people losing their fortunes in the stock crash, people are being forced to foreclose on loans causing some banks to close and go out of business.

As the stocks and banking system come to a crash, the corporate world is looking no better. With stock prices rapidly following and demand falling alongside, big names such as FASC have already declared they will begin laying off workers to curb the finiancial losses and cut production. Most economist believe this will just result in a chain reaction as the layed off workers begin to sell off more stocks and demand further falls, the companies will have to resort to further lay-offs and income breaks till the companies eventually become broke. And with all the banks closing, businesses will be hard pressed to get any loans domestically to pay off their incomes and other expenditures. The result is a catastrophe that has just begun.

Meanwhile, Federate Satpul Singh held a emergency meeting reassuring the public. "I want the people of Space Union to know that their government is doing whatever it can to fix this catastrophe. But the crisis has bloomed to proportions that we never expected. All we can say is to wait along with help any fellow citizen as much as you can." Apparently the Federate has met with top economist from around the country to solve the problem. They will also discuss a plan set forth by The Golden Throne of The Macabees to recover from the crash, though, it is unknown whether any parts will be used if any, though, at a time of crisis it seems that the Federate will try anything to stem this problem. That includes pulling out of the war with The Warmaster and CAD to help out long-time ally The Silver Sky and a friendly Czardas against an invasion. But economist have adviced against this pointing out that if worse comes to worse, arms manufactuering jobs could be needed to fill in some employment and an arms conflict would help similar to what World War 2 did for the former United States of America.

An economic report published by the Economics Journal revealed that already 15% have become unemployed and that doesn't include the figures for the massive layoffs that are guarenteed to follow within the coming days. Predictions range from 40% to even 75% on unemployment as the economy continues to fail. The general wealth of the people has also taken a hit as it continues to fall below $32,000 per person from $37,000 per person per-depression levels.

As the economy faulters, trade with other nations, especially exports have drastically fallen as demand and production have begun to cease as more and more people become unemployed and businesses become broke. Trading partners and allies are most likely to be hit by the impact with some economic problems but it is expected to not be severe if taken care of properly. But as Space Union tries to gain a foothold in its fall, even the warmest news is bleak for the nation.

OOC: Although this has nothing to do with the RP, I just find it ironic that the day that SU's stock exchange crashes, IRL US's is at a high-point for the first time in the past couple of years. Just noticed the news now.

bump and more news to come.

Unemployment Soars as Federate Attempts to Hault Depression

Ayadi, Space Union - Today, the Department of Economy released its statistics on the current affair of the economy after job-cuts across the board from almost every company, including big names like FASC, while the Federate tries to figure out a plan to revive the dying economy.

Earlier today, big names like FASC joined other companies in cutting their workforce as millions became unemployed within 2 hours. Companies cite that with their cash-stocks falling rapidly and demand beginning to take a nose-dive, companies are trying to streamline themselves to adapt to the growing problem, resulting in the lay-offs and job cuts of over a quarter million Space Unionist today, alone. As more and more people begin to have no cash for buying anything anymore, demand is expected to only further decrease resulting in more job cuts, in the end becoming a type of "chicken-egg" situation.

As bad news erupted in the corporate world, the Department of Economy published a report today that pinned the unemployment rate at over 35% of the nation, which is only the first day. The report also showed that investments have come to a screaching halt as foreign and domestic buyers pull out from the sinking ship. The stock market, which felt a gigantic crash yesterday, continued to plunge further down taking some small businesses by surprise, causing them to go into bankruptcy. As stocks plunge, banks are increasingly being forced to close as loans are being defaulted on by loan-takers and bank reserves are perishing. The result is that over 1,200 banks alone have gone out of business today across the nation!

With economic news becoming darker and darker by the day, Federate Singh and his administration are working hard with top economist to lay-out a plan to help revive the economy. The Federate released the following on the situation, "I understand that things are getting worse by the hour. But I once again try to reassure my people that their government is working hard to fix the problem as we speak." Even with the Federate's word, many citizens are continueing losing hope that the government will help them, though, it is too soon to say. As if in defiance to those people, the Federal Reserve of the Union today lowered interest rates to below 0.25% for the first time in a decade. It is expected to go down further in the coming weeks as the Federal Reserve tries to regenerate growth for the economy.

Meanwhile, the Federate has signed a new military bill with the Chamber today to buy more ships and remodel the navy with Portland Iron Works who have a large number of factories in Space Union. Economist cite this as a way to make "short-term jobs available considering that the order will result in a need for more people to work in factories. That means more employment." But as stated, this plan is likely to work only for a short-while until a long-term plan is initated in order to help the economy. Word has come that the Federate has actually taken some of the points that Macabees' top economist provided yesterday to help the faultering economy including to start taking out loans from foreign banks to spur investments into the economy along with the removal of all trade restrictions and barriers between Space Union and the world. But as far as the actual claims go, word has not come on whether the Federate has chosen them yet.

The Chronicles of a Space Unionist: Chapter 1

The day was gray as rain poured down from the heavens and battered the ground below. People swiftly moved through the onslaught of water as they mayed their way to whatever destination or journey that they had wished to accomplish on the day. Yet two figures seemed to be out of place. They stood in the middle of the area in drenched black coats. One was a tall, dark man with wavy black hair and blue-green eyes. The other was a light-skinned, medium-sized female who looked like 5-6 years junior to the man. She had dark, wavy hair similar to the man with hazel eyes that had a slight sparkle to them of youthfulness. While the man looked like he was rugged, the female seemed to be gentle and caring, most importantly mature.

The tall man titled his head over to the smaller women and commented,

"Its a nice day, don't you think?"

"Yes, I suppose. It reminds me of the days we used to sit in the park and just let the rain drip on us while mother and father would be off at a business meeting or such."

"Hm... I remember that. They were never at home I suppose, but don't forget they loved us so much."

The man pulled a hand out of his black coat and gently put it on the female's shoulder. The female seemed not to mind as she allowed his warmth to come to her while she reached for a necklace on her neck. On it was a lock that she opened and revealed a photo. She gently ran her finger over it. It had her, the man, and her mother and father. It was a picture of their family that had been taken only four years prior. She stared at it before releasing it and tucking it once more into her shirt, away from prying eyes.

Her brother just stared out at the empty area that had only a few bystanders walking around it. He let out a deep sigh as if in relief of something, yet it was random, kind of like the ones you just have for no reason at anytime. With a smile, the brother turned to his sister.

"Isabel, I believe we should go back home. We might just catch a cold out here. That would be the last thing we would wish to have in these times."

Isabel lowered her head as if in sadness at the thought. Suddenly pictures of metal scattered over the rode and two bodies lay still in the middle of it flashed in her mind. A small tear ran down her smooth cheek as if in rememberence. The brother noted this and gently embraced his sister,

"Isabel, remember I will always be with you. No one will seperate us and no tradgedy will ever strike again."

"I know, Ision. I just can't forget it. I'm sorry."

"Don't worry, but for now, we shall go home."

With that, both of them fell silent as they made their away from the area to a gloomy neighborhood. It was the old part of the city and most of it looked like it had rotten and the only thing keeping them together was the love of the people in the neighborhood. As they made there way through the alle, the siblings stared at the men and women on their balconies or at the windows who had a face of sadness. It was a dark time for not only the siblings but for the neighbors and for the country. It was the time of the Union Depression, as it was being called. Although she was young when it occured, the effects were looking right at her. Families had been torn apart by scarce resources and loss of money and greed. People across the nation were homeless and unemployed, the elite suddenly becoming the beggers. It was a time of turmoil as the nation tried to stay alive yet was only a mere breath away from the darkness of death.

Suddenly, her brother stopped, not in warning or danger, but in just, stopping. He turned and stared at a brown door. It was scarcely decorated except for a tag saying, "Home of the Brar Family." Ision reached into his jacket pocket and pulled out a bronze key, which he slipped into the rusty, old lock. He turned it gently and Isabel heard the mechanisms that worked the lock suddenly shriek and open the door. Ision opened the door letting light penetrate the layer of darkness in the room. He quickly ushered her in as he closed the door. Isabel walked toward the windows and pulled back the blinds, letting light flush into the room and brighten it up, though, the sun wasn't out so it really didn't help that much.

As light filterd through the dirty glass, the house began to lighten up. The room they were standing in seemed to be a living room of a sort, only being complemented by a few pieces of furniture that were worn and old, probably junk back in the days, but now they were valuable assets that the siblings wished to keep. The house had a total of four rooms, two bathrooms, and a kitchen. Each one was of little difference than this one. All of them held the eary sense of emptiness in mentallity more than physically. The house was deserted beyond the two. But to them it was home.

bumpy

Economy Continues to Slide as Federate Begins "New Plan"!

Ayadi, Space Union - As the economy of Space Union continues to slide down the drain, Federate Satpul Singh released a new plan that him, his close advisors, along with the top economist in his country along with the world, have formulated.

The economy, which saw its collaspe beginning on January 9th, 2006, has continued to slide as corporations continue to shrink, along with demand and employment. As companies cut production facing decreasing demand for their products, they also have cut their workforce, driving unemployment figures up. Meanwhile, the National Union Stock Exchange continued to slide as it went below 500 points for the first time in its history.

As the economy slides, for the first time in a while, some good news has come. The Federate today announced a new plan called the Economic Deal, which has gained wide spread support among the citizenery and the Chamber, today. In it, the Federate has used ideas given to him by economist, his advisors, and himself to form a plan that is guarenteed to help the economy recover. It is suppose to start with the government cutting taxes to a bare minimum across the country, to save the citizens money. To compensate for the lack of money, the government has authorized to gain a loan from foreign banks in order to not only gain money but force investments into the countries economy. The Federate also was quoted in saying, "this is just the beginning. The government will work to create temperory jobs until the economy can make new jobs that are more permenant." It is unclear how the government plans to do so.

As the government releases plans on the economy, foreign nation's have requested to start buying out the ailing companies in Space Union. So far this move has brough widespread critisism from Space Unionist who don't believe to work under a foreign company. The Federate has released this on the matter, "I will not allow my nation's economy to be controlled by foreign nations." He declined to say who offered this but he said, "Though we are not open to aquistion, investments are welcome and partial ownership of companies [and stakes within it] are allowed."

bump, damn I thought there would be more "nice" nations in the world. :p

Kriegzimmer Drops Attempt to Purchase in Space Union

After today's news that Space Union's administration under Federate Singh will not allow full aquisition of companies on Union soil, Kriegzimmer has announced that it had cut all attempts to gain territory in Space Union for the construction of an industrial megapolygon. The original estimates had brought total employment within the planned Kriegzimmer complex to over two hundred thousand souls, mirroring that of total employment in the Praetonia complex and the McKagan complex, which would effectively offer Space Union and her people a safe haven for employment. Not only that, but it would have introduced over one hundred billion Reichmarks of capital into the Federation's economy, marking a very big upslide. Nonetheless, as Kriegzimmer owner Dietrich Harbinger has said, "Space Union has cut itself out from the market. They started very capitalist, but the final words of their new policy seem to us as more dictitorial as anything else."

As if to underline the idea Estatí Petroléo's CEO, Arn Tíenk, said, "Sorry to say, but by making sure that foreign companies cannot purchase Union companies they are basically cutting off the free market and socializing it by increasing government presence over the economy, which is certainly not going to help their economy anytime soon. In fact, the Federation should hope for that companies outsource to them, since it would bring employment and increase foreign capital, which is what they're looking for. Indeed, it should not be national capital which they are striving to achieve, but international. Kriegzimmer was willing to give more money than the Federate could ever hope for from a single company, but their anti-market values are not very indicative if this appreciation. In other words, cutting off availability will certainly not help to give trust for foreign investors."

And so, the economic problems in Space Union persist...

[Glorified bump]

Federate Retracts Comments and Opens Economic Borders

Ayadi, Space Union - Only a day after the Federate announced his new plans, he has commented that he will retract his final comment on not allowing foreign companies to make aquisitions within the Union, for economic sakes as the economy tries to live.

In a surprise move this morning, Satpul Singh announced the retraction of his comment, "Because of the further downturn in the Union's economy and the suffering that my people are enduring, I am announcing that I will retract the law that makes it impossible to buy Space Union companies by foreign entities." Earlier in the day, economist had critisized the Federate for not opening the borders as as a "political" move and not economical. But the Federate changed his mind after consulting his economic advisors, including the Secretary of Economy.

The Federate cited the sudden change because of the result of some large entities leaving the nation because of the law, which could cost the nation thousands of jobs that are in need. But the Federate has stated that he will keep on part of the law intact, that no corporation that has government shares in it. He citied, "I do not want this nation to be controlled by foreign nations, economically and possibly politically." The Federate commented on politically because the top 20 corporations in the nation gain a seat in the Chamber as Corporate Electorates that have the same power as a regular Electorate, causing possible control of the country through other nations. The Federate has hinted that he might ask the Chamber to abolish this rule with the economic depression, as a "possible threat to the nation's political, economical security."

As the Federate announces that, the Federate and the government have started work on refixing the banking system, that collasped earlier this month. This is mainly coming from the possible aquistion by a foreign entity, though the government has put thought in the nationalizing of the banking industry, considering its effects on the economy. But this has yet to be finalized.

OOC: This is going to make it interesting. If I did reject anyone's idea to buy some companies in the economy, then I now let you do so. But there will be a couple of rules:

1) No monopalies. That's not the way of the Union.
2) No buying out all industries whatsoever, punks. Yeah I know your imperalist-happy.
3) I will approve deals, ICly and OOCly.
4) Don't even try buying anything with a company that has government shares in it, or is open to that happening.

Let the fun begin. :)

Secure Communiqué

Dear reader,

Guffingford has heard of your financial troubles and since we are always looking for financial partnerships and political allies, we are willing to offer you a rather unilateral proposal, being very profitable for your government, if you give Guffingford some minor concessions.

Being solely of economic nature this communiqué, the Imperial Parliament of Guffingford has hereupon decided that, the Sikh State of Space Union can receive a loan without associated interest rates of a total sum of 700 billion dukaat guldens. Knowing that the ÐG stands at a comfortable US $5.13227 per ÐG, you have a solid backbone for a new economy. You have the absolute guarantee of 'Die Guffingfortsche Bank' (an economic association of the First National Banking & Trust Company Ltd, Wellis & Rothschild Mutual and The Hoogenbosch-Redmound Banking Corporation).

In return, the Dominion Guffingford receives two concessions for the following;

20% of the national railways to put under a mandate of the following real-estate and railroad companies and consortiums:

C. Birch, Crisp & Company Real-Estate
The Hoogenbosch Light, Traction and Railway Company Ltd.
Two colonial harbors of our choice (these may not be already existing cities, settlements, dwellings or any other form of human activity) to be built and the exclusive position of building by the Guffingfordian government, ore extraction (if possible) and other economic activities by:
The Guffingford & Theohuanacu Colonial Office
The Building Company
First City Banking & Trust Company Ltd.
Guffingford hereupon reaffirms its position and guarantee that sovereignity of all remaining Space Union territory shall not be endangered by these companies. We also like to emphasize Guffingford shall not seek out to monopolize the remainder of the railroad network or any other establishment in which Guffingford part takes.

With deepest respect,

R. Sweet
Minister of Financial Affairs.

OOC: Guff, are any of those companies have any government stocks in them? Is the gov capable of buying stocks and shares within the companies?

OOC: Nope, the government oversees the banking corporations (and their operations) and gives out penalties if they become too fraudulent or powerful. In Guffingford the state has ultimate authority over banking corporations, because of their special position of creating money. Therefore shares aren't needed. While the government has this special right, it can only be used by presidential decree.

Companies within Guffingford of which the government has shares:
National Transportation & Mass Transit Company - 100%, Territorial Mining Corporation - 75% and several shipping lines, all 80%.

Message from the Dupuit Arm-Produktion Compagnie (Incorporated within the State of Amestria)

The Dupuit Arm-Produktion Compagnie (DAPC) wishes to purchase a controlling interest (51%) in the Federal Army Suppliers Corporation (FASC)'s. Our company is entirely under private ownership at present and would agree to a presale agreement that should the Amestrian State or a Corporation controlled by the Amestrian State ever purchase an interest in our Compagnie then our Compagnie will sell all interests it controls in the FASC.

[signed]
Leon Foccart, Chairman of the Dupuit Arm-Produktion Compagnie Board of Directors

OOC: The DAPC is a private company that currently has no government shares. The Amestrian Government has in the past has owned shares of the corporation and can purchase shares under imminent domain. Thus the mentioning of a presale agreement to reassure the Space Union leadership. The presale agreement mentioned would prevent the Amestrian State from acquiring the DAPC's controlling interest in the FASC should the Amestrian State choose to purchase an interest in the DAPC.

OOC:

Guff: That's a problem. Even slight state intervention in an industry is not good for Space Union. You have to see that if we ever became enemies (I highy doubt this but I've seen it happen too many times to not rethink things), you could potentially control a sizeable chunk of the Space Union banking industry, and that's not good. Also the top 20 corporations gain a seat in the Chamber, that would give you some influence in the government from a foreign entity, which is not a liked idea no matter who it is. If you can do something about that, then I would be willing to accept your offer.

Amestria: But still the possibility of the gov buying shares in the company makes the deal unfavorable. Like I stated above, it will give a foreign gov influence over the economy and the government (even if minimul).

[OOC: You know how much government intervention are in my companies. Squat.]

Kriegzimmer Finds Another Home
With the change of tactic and mind from the Federate government, Kriegzimmer has looked once again into the Federate economy. Yesterday, Kriegzimmer met with Federate company, 'Xavier Automobile Sections', a quasi-large spare part manufacturer, offering cheaper parts for more expensive cars. In a striking deal Kriegzimmer purchased what amounted to four square miles of territory in the Union's inland territory. It was reported that Deitrich Harbinger, owner of Kriegzimmer, and unofficial CEO, paid a total of two billion Reichmarks for the purchase, in tender, to the board of XAS. The deal strikes as massive overture, adding to Kriegzimmer yet another foreign factory base, easily making Kriegzimmer the largest armaments exporter in the world, offering its customers a manufacturing base that rivals that of entire nations - in fact, it is the fastest growing conglomerate in the international business world, and quickly it expands to nations such as McKagan and Hailandkill, and even nations such as Praetonia. The Space Union aquisition should add indespensible manufacturing powers to Kriegzimmer Armament Conglomerates.

The industrial megapolygon, as it's called, will house a reported two hundred thousand workers during one shift. The factory complex works on eight hour shifts, meaning, full time work will be offered to up to six hundred thousand workers, which is simply immense. The factory size is four times the size of Ancient Rome, which is absolutely insane. It will be built several stories high and it's production has been foretold to be centering around vehicles, especially heavy armour, as well as aircraft; Kriegzimmer has announced that it has no interest in shipyards within Space Union, 'having plenty of the such elsewhere.' Nevertheless, the aquisition is huge and should introduce an expected two trillion USD into the Space Union economy, worth of anual capital - and around eight times as much into the Macabee economy. Nevertheless, it will be a huge boost to both, and will offer certain competition to Portland Iron Works, which also has factories in Space Union.

In terms of cooperation between the two, Deitrich said, "With Sarzonia's less than adequate economic situation, especially since the administration holds the right to close PIW during wartime and such - as proved during the Hellfire incident -, Kriegzimmer will not be looking for cooperation to stem competition and allow safer business for the both. Kriegzimmer is not an ally to government intervention, although we have several factories that are taxed abroad. Kriegzimmer, for now, will work for itself and for the employees of Space Union."

When questioned by workers in the Federation, Kriegzimmer ensured that its standards would be the same as everywhere else - it would be a starting wage of ten Reichmarks an hour [translated into Union notes], and up to eight hour shifts and no more. Full time is equal to forty-hours weekly, while part time is expected at twenty-four hours weekly. A total of six hundred thousand full time employees are expected, as well as a total of sixty thousand part time workers. Kriegzimmer will most likely become the largest employment center of Space Union. Furthermore, it's entrance should give an example and will probably increase foreign investor capital - the scene of a major conglomerate entering a destabilized situation is very heartwarming to those looking for leaders.

Deitrich said today, "If Space Union continues to develope it's pro-market attitudes, they will certainly rise from the dead."

Confederate Arms would like to open a naval and armoured vehicle production yard in Space Union as part of a 300 billion dollar package designed to help stimulate the nations economic recovery and provide badly needed space for the companies expansion. It would take up approximately 100 square kilometres (obviously requiring access to the sea through a canal or something of that sort) and provide work to some seventy thousand workers at rates equal to that earned by workers at the main production facilities in Theed.

Confederate Arms would also like to go into partnership with the foremost armaments company in Space Union (cant remember the name) to help produce heightened sales of aircraft and other items of military equipments, again enriching both the economies of Space Union and that of the Confederacy.

OOC: Confederate Arms was privatised years ago, the government sold all of its stock and passed an Act of Parliament banning the government from owning a stake in it.

The UPR offers the government of Space Union a free donation of 500 billion canali with no strings attached.
We hope that this will help their economy.

OOC: actually that would come out to more than $500 billion. Going by the exchange rate on NS tracker and thirdgreek.

OOC:I hope you dont mind me getting involved. I'm sorta new to the forums, and wishing to get involved.

IC:
The Government of Rusokaria, believing that the economic problems of the Space Union will reach Rusokaria, if only through a "domino effect", feels itself obligated to intervene to protect the interests of so many other nations involved with Space Union. As such, the government of Rusokaria is set to establish diplomatic and economic relations with the Federative Sikh Republic of Space Union. The package would include an embassy-exchange with the Space Union, an automobile production facility to the area hardest hit by the recession, and a $500 billion, no interest loan, to breath life back into the economy. We hope that the government of Space Union will accept our offer, and would be honoured to help the Space Unionist people in this dark hour.

Sincerely,

Stanislav Belousov,
Minister of International Relations,
United Democratic States of Rusokaria

Mac: Yeah I already know your policies in government affairs. ;)

Spizania: FASC is one of the companies I won't be allowing to be sold (unless for my own reasons). Sorry.

Whittier: Thanks. :)

Rusokaria: Thanks too. I'll do an IC post on this later.

I'll do an IC post on everything here, along too. So wait for it. :)

To: Ministry of Commerce, the Federative Sikh Republic of Space Union
From: Consolidated Arms, Inc. Board
Re: Possible Acquisitions

As the Federative Sikh Republic of Space Union has been a long-time ally of the Imperium, we at Consolidated Arms feel compelled lend a hand to our friends in their time of dire need. Why Consolidated Arms and not the Imperium's government itself? Because there are more benefits all around, with no fear of the Imperium's government potentially controlling Unionist industry (while the Imperium's State Department can request us to "blacklist" certain nations from purchasing our goods, they do not own any of our shares).

Let us cut to the chase, if you will. Consolidated Arms, as you likely know, is currently the largest arms-manufacturing corporation, and the fifth-largest corporation overall, in the Imperium. We have already released two aircraft concepts, both of which were received enthusiastically by the Air Force, and one of which met with some limited success on the export market. We are looking to expand our horizons, and to broaden our presence on the international market for future sales.

To accomplish this goal, we feel we need to broaden our expertise. Therefore, we wish to inquire as to the availability of small-arms and ground-vehicle manufacturers, preferably with unique designs already completed, for purchase, as well as land available for industrial development. We have acquired a good deal of capital from our last two ventures, and so we are willing to meet virtually any price. We look forward to your response.

Respectfully,
Consolidated Arms, Inc. Board

[OOC: I was the original one to request allowing a McKagan company, Avalt Security International, to buy a few Space Union companies, so... erm... consider that, foo! :p ]

IC:

To: Space Union
From: Avalt Systems International (ASI)
Subject: Purchasing Assets

We have, since its opening, been watching the collapse of the Space Union economy. It is a crime against humanity for a once great nation to fall into poverty and chaos, we feel we cannot let that happen. As of this moment, ASI has sat aside a massive fund to purchase various contractors in your nation to stop them from collapse. We are interested in arms companies, and find it likely that it would be easiest for us to support Small Arms manufactoring. We are looking to buy the largest companies, to save the most jobs. Please, offer suggestions as to where we should make our investments.

OOC:
Amestria: But still the possibility of the gov buying shares in the company makes the deal unfavorable. Like I stated above, it will give a foreign gov influence over the economy and the government (even if minimul).

OOC: If the Amestrian Gov. buys shares in DAPC then the companies Space Union assets would be immediately sold so I fail to see a problem. Do not tell me that the Space Union is full of a bunch of economic paranoids... The Amestrian Government already has minimal influence on the Space Union's economy/government through tariffs, interest rates, import/export laws, and all the diplomatic/legal powers inherent to government.

IC: The DAPC waits patiently for the official response to its offer and asks if a full list of Space Union Arms Companies could be provided.

OOC: A list would be helpful.

Vice President for Business and Commerce Janis Hedge was on the telephone in a marathon conference call with several members of Sarzonia's trade commission and Lieutenant President Nicole Lewis.

"Basically, what you're saying is we can't authorise an emergency appropriation of funding to purchase Space Union industries?" Hedge said with building anger in her voice.

"Government intervention is frowned upon in Space Union," Lewis interjected. "Even if we floated a loan to those companies, I don't think that'd pass muster with Federate Singh. Besides that, the Portland Iron Works have already spent enormous sums of money to acquire Space Union National Arms Corporation. I don't think PIW's going to have the gumption to spend tens of trillions of dollars in Space Union, especially in light of the economic downturn there."

"Barbie Tucker's not going to throw money down a sinkhole," Vice President for Finance Carol Weinberg added. "She's also not one to stick her fingers into too many pies. She's avoided diversifying outside of the defence industries."

"She took a pretty big risk by acquiring Avalon and IOC," Hedge added. "Do you think we could talk her into putting in a bid for one of those industries?"

"Doubt it, I already tried," Weinberg said. "She said no go."

"Hello, this is Dave Putnam," a gravelly voice chimed in.

"Dave, what brings you here?"

"Considering our failed attempt to acquire Random House holdings in Sarzonia, I'd like to see if I could get regulatory approval for a bid on Space Union's book publishing industries."

Hedge looked at the line where the Sarzonian commission regulating such matters and shook her head. That normally drew an answer in the negative from the committee and she knew it. However, Committee Member Laura Aguilar threw Hedge a curveball.

"We've just given voice approval of the measure," she said. "Considering the national security implications and the nature of the competition, we're willing to buck our precedents."

Thank you Jesus, Hedge thought. "You've got it Dave," Hedge said.

"Thank you. I'd now like to put in a bid for a $2.5 trillion acquisition of Space Union's book publishing industry."

The next call came from a voice that was familiar to pretty much everyone in the room.

"Hello, this is Admiral Tucker. I'm going to put in a bid for the Space Union IT industry. We're talking in the neighbourhood of $15 trillion."

The next sound everyone heard was a collective, in unison gasp. Portland Iron Works was getting involved in a big way.

[OOC: I'm going to risk giving this a BUMP for SU.]

"Hello, this is Admiral Tucker. I'm going to put in a bid for the Space Union IT industry. We're talking in the neighbourhood of $15 trillion."

OOC: Is it even worth $15 trillion?

[OOC: Somehow I doubt a single industry inside Space Union is worth a quarter of the RL-world's GDP, but maybe Sarz worked it out with SU privately before posting.]

OOC: Well I'm not really sure how you would figure an industries worth, but I'll just say this, Space Union's economy's largest industry is Information Technology since my economy is mostly service and white-collared workers. Not sure if that helps. As for the confirmations, I'll get back to you guys tomorrow. ;)

OOC: No, it's just that Sarz's GDP is around $150tn, I think, so that would be in effect 1/10 of his GDP, and nearly 1/3 of PIW's value, in hard currency, needed to purchase the entire IT industry of another country. And I said that I would purchase some of your IT industry, but I certainly wouldn't put up $15tn for it ;)

Not saying you're wrong, just wondering whether you know that.

OOC: Amestria, since Sarzonia is a good friend of Pacitalia and Space Union ICly and OOCly, I highly doubt that the DCRP (Democratic Capitalist Republic of Pacitalia) or the ISS (Incorporated States of Sarzonia) will support your economic offer, despite the fact that their characters would probably guess that behind the scenes they would be backing the Congressionalists and especially after Torontia....

OOC: Amestria, since Sarzonia is a good friend of Pacitalia and Space Union ICly and OOCly, I highly doubt that the DCRP (Democratic Capitalist Republic of Pacitalia) or the ISS (Incorporated States of Sarzonia) will support your economic offer, despite the fact that their characters would probably guess that behind the scenes they would be backing the Congressionalists and especially after Torontia....

OOC: Wow, I have no idea why the support of Sarzonia or Pacitalia is necessary for an economic offer by a private Amestrian Company to purchase physical/intellectual property in Space Union… IC and OOC it is up to Space Union.

I think this RP needs an OOC thread...

OOC: Yes, I know that it's ultimately up to the private company that has the final decision and say. But I'm just saying you may face some opposition from SU's allies....

To: Federate Singh
From: Nicole Lewis
Lieutenant President, Incorporated States of Sarzonia
Subject: Amestrian involvement

I feel it is my duty as one of the chief representatives of the Incorporated Sarzonian Government to impress upon you my government's absolute opposition to any involvement on the part of any Amestrian firms or the government of the same in the potential acquisition of any of Space Union's industries. Their opposition to and hostility toward our allies in Southeast Asia and Saint Fedski and their attempts to destablise the situation in Torontia render any thought that they would wield any influence in a Woodstock Pact nation completely untenable.

If my government can be of any assistance to yours in this process, in particular with the possibility of any loss in revenue incurred by a refusal to sell to Amestria, please do not hesitate to ask.

[OOC: One problem with the price of an entire industry is that I'm not sure how much an entire industry would be since I doubt very seriously that anyone has ever purchased a single industry of an entire nation IRL. And my aim is to acquire a controlling interest in the industry. PIW is working closely with industry leaders in Sarzonia's IT industry to make this acquistion, so they're not going it alone. Tucker's going to get a sweetheart deal from Sarzonian Business Machines, among other companies in Sarzonia.

And I'm well aware that Amestria doesn't need Pacitalian or Sarzonian blessing to acquire an industry, but Sarzonian or Pacitalian opposition to such a transaction can have an adverse effect on whether or not they actually are able to get their hands on it.]

OOC: Don't speak for me, he damn well needs my blessing first :p j/k

I have no involvement in that Torontia mess, so any Amestrian offers would not be opposed by my government ICly except in the spirit of friendly economic competition.

[OOC: Question: Is the entirety of Space Union's economy government owned? If it isnt, unless every single company is a Plc. and every single shareholder (well, ok, 51% of shareholders in every single company) wants to sell, you cant simply buy "SU IT Industry" or "SU Book Publishing Industry", you can buy individual companies whose shareholders vote in favour of such a buyout.]

The Parliamentarian - CPI on Buying Spree

"The Confederation of Praetonian Industry (CPI) has urged all of its members to take what it terms a 'golden oppurtunity' to purchase in Space Union following their recent economic collapse. Sir Tarius Varillus, Chairman of the CPI, stated that 'now is the perfect time to invest in Space Union - when they come out of their depression, we will be in an extremely strong position.'

"The advice follows several independent bids made by prominent and recently privatised Praetonian companies including Imperial Oil & Gas Plc., which made offers for Space Union fossil fuel reserves, Imperial Atomworks Plc., which made offers for uranium reserves, Royal ports Ltd. which offered to buy the entire Space Union ports system but offered a scaled-down deal in case the comprehensive offer is rejected and Imperial Praetonian Shipyards, which offered to buy up most of Space Union's shipyards, on the understanding that the Space Union navy be allowed to lease them at a discount price in future.

"Praetonian investment abroad shot up in the last quarter as the Space Union economic crisis, fuelled by low interest rates at home, led to a cycle of borrow-and-spend as companies sought to cash in on as much as they could in an attempt to expand before prices rise once again. The Prime Minister was quick to deny allegations of economic imperialism, however, stating that 'Jobs will stay in Space Union, factories will stay in Space Union and much of the money will stay in Space Union. We will benefit greatly from this, but we are not doing it at the expense of Space Union's economic recovery.

"Praetonian banks are also doing well out of the situation, with the Imperial Bank of Praetonia and the Royal Central Bank offerring large, high-interest loans to the government of Space Union and the more sturdy of their companies on the understanding that they be paid back only after the economic downturn is at an end. 'It's a very exciting time for us,' stated a Director of the Bank of Praetonia when interviewed, 'we're moving into Space Union in force. People are desperate for loans, and if they have the collateral we have the money to lend to them. Following the failure of many Space Union banks there's a real vacuum for financial services'.

"Praetonian-based firms are also heading for collision with state owned companies from Sarzonia, however. Imperial Electronics announced a bid yesterday for a prominent IT firm in Space Union just moments after the Portland Iron Works launched a bid for the entire Space Union IT industry. Imperial Electronics made the following statement yesterday, ' Although the Sarzonian bid is formidable, we have made a higher offer for the company concerned. We are not interested in the rest of the IT sector, but this aquisition is important to our plans for expansion. I certainly would hope and expect the Government to back us up in a bidding war against a foreign state-owned monopoly with little interest in the sector concerned.'

"There is, however, little indication that the bidding war will become hostile between allies. The Government has made a statement claiming that 'Despite the offer of tax-exceptions on money being transferred abroad for the purposes of purchasing foreign business assets, there is little intention to raid the public purse to engage in a bidding war with our friends and allies on behalf of private companies. We do, of course, condemn monpolies and state-owned giants in whatever form they may take, but we have little interest in waging vendettas. The market shall run its course.'

"Regardless of individual deals, it is almost certain that the Praetonian raw materials, industrial and service sectors will all benefit greatly from the bad luck of Space Union and that in future the CPI may be a far more powerful voice in Space Union politics than any Praetonian body has ever been in the past."

OOC: Yeah, that's what I've been trying to say (well since the board went down I wasn't able to post so meh :p ). When I said bid, I didn't mean to go after entire industries. I'll post a list of companies that are willing to be buyed out so this bidding becomes more organized. ;)

Encrypted Transmission
FROM: Yao Yang Nelson Neo, Prime Minister of the United Sovereign Nations of Southeast Asia
TO: Dr. Rabastano Sancatto Serra, MPP, RPAg
Agustinate of International Relations
Democratic Capitalist Republic of Pacitalia
CC: Federate Satpul Singh , Federative Sikh Republic of Space Union
RE: Amestria

Dear Sirs,

I have caught wind of news that your long-time friends, during the economic crisis, have generously offered to buy over your corporations to help get Space Union back on track. I have also caught wind that a private firm based in Amestria and founded there have offered to buy over one of your firms....I suggest you don't.

I suggest that you reject their offer with adamant defiance.....and here's why I made this a private transmission. The State of Amestria, a liberal democracy, was probably held hostage by a crackpot politician by the name of Samuel Burns and his cronies in the Amestrian Armed Forces. The Amestrian Occupational Authority has vehemently denied that they have assisted the Torontian Provisional Government in covering up human rights crimes as horrible as the Tanakis regime and rejected the notion that the TPG has commited them. Witness that they have accused the Grand Cardinals faking it and saying that it is as fake as making a document accusing the Grand Cardinals being secret confederates with The Kraven Corporation when it is well known that they will never do such a thing! (http://forums.jolt.co.uk/showpost.php?p=10168543&postcount=2)

Your predecessor backed the Saint Fedskians when the Amestrian-Yallakian-Xirniumite Coalition when the Saint Fedskians shot in self defense. While hostilities have ceased between the Commonwealth of Saint Fedski and the Infinite Empire of Yallak, I suggest you give them massive resistance as they are not to be trusted...yet. Also, the Amestrian Ministry of Justice is corrupt....they forfeited a Lady Judge's rights to fair trial when she declared pro-New Order pilots under the Tanakis regime bombed a village of civilians under the Kraven War, claiming in their illogical thoughts that she murdered them, and also because she was absent from the trial. If she were to step on Amestrian soil, she would be shot, drawn and quartered. There you have it....I rest my case. Do not allow the secret military junta (as I suspect the Amestrian State to be!) that masquerades as a liberal democracy buy over one of your industries....think of global stability and the Woodstock Pact member-states! I rest my case....you may have to use brute, military force if need be.

Yours Truly,
His Leadership,
Prime Minister of the United Sovereign Nations of Southeast Asia
Yao Yang Nelson Neo

OOC: Then, sorry Amestria, but I'm not going to allow for anyone to have any say in influence in my economy that goes against human rights. Here's the list of companies and their stock price. I'm going to have bidding for these companies, so you may begin. But remember my rules:

1) No monopalies. That's not the way of the Union.
2) I will approve deals, ICly and OOCly.
3) Don't even try buying anything with a company that has government shares in it, or is open to that happening. I will ask you. If you deny it but you do RP that way against that, you will be ignored. Understand!
4) I have the right to deny deals on IC or OOC basis and I do not have to say why, though I probably will, but if I don't, do not ask for me to say why. I might have a personal reasont that I rather not say.

Manston Naval Works ($40) (101 million)
Empire Banking Group ($33) (130 million)
Langely Computer Corporation ($15) (122 million)
Sikh Telecommuncational Company ($23) (119 million)
Terizon (Phone/Internet Company) ($24) (122 million)
Yerishin Refinement Corporation (Oil/Gas) ($53) (1 billion)
Industrial Waste Ink. (trash/filth desposer) ($12) (54 million)
Shav Monetary Bank ($52) (704 million)
Linto Creek Water Corporation ($45) (84 million)
Gerdiv Uranium Mining Corporation ($67) (2 billion)
Zeros Electric Ink. ($93) (3.3 billion)
Trekin (Processor Chip producer) ($44) (2.1 billion)
Loudon-Krie Corp. (Automobile Maker) ($54) (1.4 billion)

Republican Incorporated Systems

'For a better future, tomorrow'


From: Craig Lockhart, CEO Republican Incorporated Systems
To: Federate Satpul Singh , Federative Sikh Republic of Space Union

Greetings,

The economic problems of Space Union have come to the attention of Republican Incorporated Systems, and the RIS is more than willing to come to the aid of the Space Union government and economy. Being a completely government-independent corporation that specialises in, amongst other things, the creation and supply of military equipment to the military of Skinny87, the RIS would like to purchase the following shares from the list of companies in SU that have made themselves available to be bought into.

Thus, the following shares would like to be purchased by RIS Inc:

Federal Army Supplier Corporation ($20): 102 Million Shares ($2.2 Billion)

Manston Naval Works ($40): 50 Million Shares ($2 Billion)

Gerdiv Uranium Mining Corporation ($67): 100 Million Shares ( $6.7 Billion)

I trust that the RIS, being the largest defense-based corporation in the Sovereign Nation of Skinny87, will have a reputation that is more than acceptable to the companies in question. The funds for the acqusition of the shares in these companies will be moved electronically to whichever accounts you designate in your reply to this message, should this prove acceptable. The Universal Dollar is the accepted currency of the RIS, but should you wish this to be changed, RIS deals in anything from other shares in our own companies, to the standard Gold, Silver and Platinum currencies of the market. Should your government also desire it to be so, large interest-free loans can be arranged for your government, to aid in your economic recovery, the details of which have been transmitted alongside this message.

Craig Lockhart, CEO

OOC: I don't think thats a monoploy, SU, but if it I apologise, and I can correct it later if so.

1) No monopalies. That's not the way of the Union.

OOC: I like you already. ;)

IC letter to Satpul coming up in a few minutes.

Skinny: I might need you to reword that as I forgot to put up the volumes of stocks so halt everyone! :)

Pacitalia: And for that reason, you are the most dangerous. :p

I'll edit the other post in a sec.

OOC: Okay, thats cool. I thought something was missing, but couldn't put my finger on it...

Done. Those figures might be out of place but I'm no economist so please tolerate me. ;)

OOC: Same here SU - I have no idea what I'm doing really, I just like buying stuff. Could you check my new edited post to see if thats reasonable, or if I just screwed it all up. I'd be grateful, thanks.

http://www.avea.com.tr/en/images/avea/logo.gif

To: Federate Satpul Singh, Federative Sikh Republic of Space Union
From: Alfredo Mangiati, President and CEO, Avea Telecom GdNR

Dear sir --

We at Avea Telecom, the third-largest telecommunications corporation in the Democratic Capitalist Republic of Pacitalia, have never had the honour-bound pleasure of meeting you in person, but we have long admired your policies and your desire to uphold capitalism and free market competition. That said, it would be absolutely foolish of my company not to take this excellent opportunity to expand our operations into Space Union. We are concerned for the economic and social well-being of our northeastern neighbour, and want to ensure the quality of life and hard currency earnings of as many of your hard-working citizens as we possibly can.

What I am proposing is nothing short of historic for this company. Avea may not be the largest corporation of telecommunications and telecom technology in Pacitalia, but we are certainly the most innovative. Avea is a leading producer and provider of mobile/wireless telephone services, and we are a pioneer in VOIP (voice-over internet protocol) communication. We recently expanded our VOIP operations by signing a ten-year contract with Knootoss's Skype to provide free VOIP access in Pacitalian airports, train and subway stations and post offices.

We would be honoured to have an opportunity to create a reliable mobile-telecom network built and managed by Space Unionist workers. Pacitalian staff would advise, but this new arm of our company would be completely run and staffed by hard-working and honest Space Unionists. In addition, we would like to pursue the creation of Space Union's first true VOIP network with free access points in transportation centres, parks, museums and other public gathering places. This will revolutionise Space Union's telecommunication network and help speed up the economic recovery, not just by creating jobs and work, but by increasing the optimism that your great country will recover from this horrible tragedy of economics -- knowing there is a strong link to the outside world is one of the cornerstones of economic prosperity. And that's what Avea is all about.

My corporation is prepared to tender an offer for a total of seventy-five percent of Sikh Telecommunication Company, based on the price of shares at the time of the Space Union government's estimates release. That would amount to a deal, on 89.25 million shares, of $2,052,750,000 US. However, as a sign of goodwill, we are willing to pay much more than that so that we can have your blessing in creating a competitive network of telecommunication in Space Union. Avea Telecom GdNR is prepared to offer $3,333,333,333 US for that same amount of shares. We are concerned about Space Union's economic health, and with your blessing, we will be completely committed to the positive growth of Space Union's telecom industry, for the benefit of all involved. I note that we will paying that initial investment of three and one third billion US dollars, but our future investment will total nearly half a trillion dollars.

It is my sincere hope that you accept our offer and begin the groundwork for the revolutionising of Space Union's telecom industry. I wish you the best of luck in Space Union's economic recovery under your wise guidance.


Sincera in domina bene,

Alfredo Mangiati
President and CEO, Avea Telecom CCAm

OOC: If you want, Avea could also take some shares in Terizon. My blind eyes didn't seem to see that when I wrote the letter. ;)

http://kfox.gamehorizons.net/abnamro_sm.jpg

To: Federate Satpul Singh, Federative Sikh Republic of Space Union
From: Mario Antrio Bantafugra, CEO, ABNAmro

Sir, ABNAmro has long been interested in expanding its operations to Space Union. We see your nation as a "key financial lock" of sorts in the international community, and find it saddening to see it in such a crisis. This is why ABNAmro is offering to help with a generous offer of share purchase of Empire Banking Group and Shav Monetary Bank.

ABNAmro is a key component of Pacitalian finance and commerce. ABN Amro is the second oldest of the five major banks, having been created in 1901. The bank was born when a group of 26 landowners in the upper-class northern suburbs of Nortopalazzo, wanting their own way to store funds without using the services of the Banco di Timiocato (Pacibank), created the Antomaribanco di Nortopalazzo (Land Registrar's Bank). This has always led to slight confusion, as the bank has never, in its history, had anything to do with the registration of land, which is a jurisdiction of the federal and provincial governments. However, the bank was originally solely responsible for the management of the funds, assets and investments of landowners, a primary reason for the original board of directors to keep the name. In 1914, ABN Amro expanded its operations to include personal banking for the citizens of Nortopalazzo. By 1920, the provinces of Antigonia, Gulfera and Liguria were fully serviced by ABN Amro branches. Every province had at least ten branches by 1931, and by 1941, Pacitalia had 1,000 branches. Today, the total is more than 11,000 and since 1956, ABN Amro has added to that total by acting as a major player in the international market, particularly retail-personal and commercial-securities banking in other economic powerhouse nations.

So, you see, we are committed to international prosperity and the improvement of the financial network worldwide. Space Union is not just another step, it is one of our most promising and important portfolios to undertake. I ask you to give us this opportunity.

ABNAmro will purchase 100 million shares of Empire Banking Group for $3.3bn US and 400 million shares of Shav Monetary Bank for $20.8bn US. We are more than capable of paying for this transaction, but we are more concerned with the stability of the markets. And that is why we are offering to take a controlling interest in two of your most honourable and reputable banks.

If you have concerns or questions, please do not hesitate to contact us as soon as possible. I look very much forward to your reply, sir.


Sincera in domina bene,

Mario Antrio Bantafugra
CEO of ABNAmro
Your global banking group.

OOC: Ahhh! Could someone please help me? I've listed the number of shares I want in my post on Page 3, but my calculator is screwing up and I can't figure out how much I should be paying for the shares for each company. Could some kind person go to that post and figure out how much I should be paying for the shares, per company and then what the overall cost would be? I'd be forever in your debt.

http://i35.photobucket.com/albums/d197/Pacitalia/peruzzi.jpg

To: Federate Satpul Singh, Federative Sikh Republic of Space Union
From: Anto Marinassi, President and CFO, Peruzzi Auto Group CCAm

Dear Mr. Federate --

Peruzzi is Pacitalia's largest, oldest and most honourable automaker. We produce quality automobiles with lasting impressions and our lineup puts on a smile on every driver's face. We strive for top quality in every aspect of our operations. Our recent release, the 2006 Fura GRX sports coupe, is a big hit and is already in the running for Motor Trend's 2006 Car of the Year. These days, Peruzzi is king of the road. And we want to take it one step further.

We would like to expand our operations into Space Union by purchasing an interest in Loudon-Krie Corporation, Space Union's premier automaker. We are prepared to put as much investment into the company as needed, so we are making it your prerogative to tell us how much of L-K Corp. you wish us to purchase. We are ready to purchase as much as the entire company or as little as one share, if so desired, but of course, we would prefer to earn a majority interest in Loudon-Krie to continue the reputation of excellence of both our company and of Space Union's best-known automaker.

Peruzzi cars are built on the principles of reliability, driveability and luxury at reasonable prices. This corporate strategy has helped us maintain our position as king of the carmaking hill in Pacitalia. Let us maintain Loudon-Krie's position in Space Union by allowing us to purchase an interest in this company. We will be totally committed for as long as we are welcome if our bid is approved and negotiations are a success.

I sincerely hope our bid is up to speed with the others. We are leaving much of the prerogative in your hands as a show of goodwill. Please contact us if you are interested, sir. I wish you good luck as Federate.


Sincera in domina bene,

Anto Marinassi
President and CFO, Peruzzi Auto Group CCAm

OOC: Ahhh! Could someone please help me? I've listed the number of shares I want in my post on Page 3, but my calculator is screwing up and I can't figure out how much I should be paying for the shares for each company. Could some kind person go to that post and figure out how much I should be paying for the shares, per company and then what the overall cost would be? I'd be forever in your debt.

OOC: Your figures look fine to me. What's the trouble?

OOC: Yeah your figures look fine, Skinny. Also sorry guys but FASC is not for sale, accidently must have slipped that in. Sorry, but personal reaons. :( As for other bids, all the volumes have been posted. Since this is a bidding contest, I keep the bidding for the shares open for a while. :)

Royal Bank of Azazia
1202 High Street
Philadelphia, UK

Federate Satpul Singh

The banking industry is the quintessential industry in any nation. And when the banks start to close, start to fail – so does society and with society the great nations they serve. It is my resolute belief that the world cannot, and shall not allow this to happen to the wonderful people of Space Union, a nation of great democratic principles that will surely overcome these times of so-called uncertainty.

Although the peoples of the United Kingdom and of Space Union have interacted very little in the past, the common beliefs in the principles of democracy and free and fair commerce highlight the inevitable: a growing understanding and friendship between the peoples of our two great nations. Of course all such inevitabilities must be brought to fruition and on the behalf of the directors and shareholders of the Royal Bank of Azazia I write this to you in order to start this friendship that I believe shall be most fruitful. Of course, as all new acquaintances and associates have questions and concerns about the other I will attempt to allay any fears or questions you may have about the United Kingdom, or the Royal Bank.

The Royal Bank is wholly privately owned by the private citizenry of the United Kingdom. Under the administration of Alistair Tetley, a former Prime Minister, the government sold off its controlling interests in the mid nineties and since then our bank has only grown throughout the UK. We currently operate nearly eight thousand offices throughout the Indian and Pacific Ocean regions and provide excellent service to both individuals and businesses as the largest bank in the United Kingdom.

Now, if I may I shall turn to the technical details of this bid. The Royal Bank is interested in purchasing a controlling stake in Shav Monetary Bank and the Empire Banking Group, a move that will grant Unionists access to the largest bank in the United Kingdom and a bank the UK’s premier economic magazine, the Barent Review, declared the bank most committed to its customers. Upon consultation with my Chief Financial Officer, I am able to say that the Royal Bank’s initial offer to enter the Space Union financial marketplace is as follows:

387 million shares of Shav Monetary for $22 billion, a little over $55/share, well above the market price for the bank’s stock.

72 million shares of the Empire Banking Group for $2.525 billion, a little over $35/share, again over market price for the stock.

Of course, the Royal Bank is not simply interested in the monetary benefits for the Unionists involved in this deal, there are of course cultural issues such as the historical legacy of these banking corporations. The most efficient and cost-saving means of running of this proposed merger would be to continue from the massive office complexes here in the United Kingdom, our headquarters and main office being located in Philadelphia. However, given the current economic climate of Space Union we would not seek to eliminate any positions within Space Union for at least three years. While this may hurt the Royal Bank’s bottom line in the short term, the least we can do in the United Kingdom is lend a helping hand to those down in their luck. We will keep the current payroll and continue to pay pre-crisis salaries and wages as a sign of our commitment to the people of Space Union.

I would like to thank you for your time and your consideration. Should you have any questions or concerns over this deal, please feel free to write me anytime and I would be more than happy to respond.

Sincerely

Winston Kingsley III
CEO of the Royal Bank of Azazia

OOC: I already tried to purchase that compnay, how about the factory, am i allowed to open a Confederate Arms factory in Space Union?

[OOC: SU, I'd like to purchase an 80% controlling interest -- that is, 80% of the available stock -- in Langely Computer Corporation. I can adjust that percentage if you feel it's too high. However, should you accept, the price will come out to $1,464,000,000. I'll replace this with an IC post as soon as I get back from an errand I have to run.]

Manston Naval Works ($40) (101 million)
Empire Banking Group ($33) (130 million)
Langely Computer Corporation ($15) (122 million)
Sikh Telecommuncational Company ($23) (119 million)
Terizon (Phone/Internet Company) ($24) (122 million)
Yerishin Refinement Corporation (Oil/Gas) ($53) (1 billion)
Industrial Waste Ink. (trash/filth desposer) ($12) (54 million)
Shav Monetary Bank ($52) (704 million)
Linto Creek Water Corporation ($45) (84 million)
Gerdiv Uranium Mining Corporation ($67) (2 billion)
Zeros Electric Ink. ($93) (3.3 billion)
Trekin (Processor Chip producer) ($44) (2.1 billion)
Loudon-Krie Corp. (Automobile Maker) ($54) (1.4 billion)
[OOC: The companies Praetonian businesses are bidding for are in bold. If others are also bidding for them I suggest some kind of auction.]

OOC: Alright, to make life easier for me and everyone else here, all you have to do is buy controlling share in each of those companies. They aren't looking for people to buy small shares of stocks in them but to buy them out (I hope that made sense ;) ). That is, you have to buy 51% of the shares. The bidding for each company starts at the price of 51% of the shares and then it turns into an auction by companies bidding to buy them out. I think this would make life easier. Sorry if I'm making anyone have to change their calculations but that's where its starting. My apoligies, I should've said that beforehand but I'm no economist so I didn't realise that until now when people are buying different amounts of shares for each corporation. Thank You. :) And to make all your lives easier, here's the starting places for bidding for each company:

Manston Naval Works ($2,060,400,000)
Empire Banking Group ($2,187,900,000)
Langely Computer Corporation ($933,300,000)
Sikh Telecommuncational Company ($1,396,870,000)
Terizon (Phone/Internet Company) ($1,493,280,000)
Yerishin Refinement Corporation (Oil/Gas) ($27,030,000,000)
Industrial Waste Ink. (trash/filth desposer) ($330,480,000)
Shav Monetary Bank ($18,670,080,000)
Linto Creek Water Corporation ($1,927,800,000)
Gerdiv Uranium Mining Corporation ($68,340,000,000)
Zeros Electric Ink. ($156,519,000,000)
Trekin (Processor Chip producer) ($47,124,000,000)
Loudon-Krie Corp. (Automobile Maker) ($38,556,000,000)

There you guys go. Now may the real bidding begin. Apoligies. :(

ooc: well, to save myself from retyping an entry bid, consider my communication for the controlling share of Shav Monetary and Empire Banking the same. No changes until the bidding begins.

ooc: well, to save myself from retyping an entry bid, consider my communication for the controlling share of Shav Monetary and Empire Banking the same. No changes until the bidding begins.

OOC: Sure. :)

ooc: thank you, much, sir. I'll stop littering with these little wrappers of ooc. If I get enough work done I'll be putting up bids by some other companies for some of the other companies. Real definitive statement right there./ooc

OOC: Just use Avea's bid as a bid for both since it was above the nominal figure anyway (I offered $3.33bn and it was only supposed to be $2.05bn. Your figures combined put it at $2.8ish bn US).

My bid for Shav was above your asking price by $2bn, and my Empire bid was about $1bn higher. And for Peruzzi, well, they're bidding what you suggested, then. ;)

OOC:That sounds fine. I'm going to make a list for each company and put the highest bid and who made it so people can now it and don't have to scan through different posts. So yeah, that'll be up in a little bit. :)

Republican Incorporated Services

Trade Memorandum

Republican Incorporated Services will bid for a controlling sharehold in the following industries:

Trekin (Processor Chip producer) ($47,124,000,000)
Loudon-Krie Corp. (Automobile Maker) ($38,556,000,000)
Yerishin Refinement Corporation (Oil/Gas) ($27,030,000,000)
Manston Naval Works ($2,060,400,000)

Initial bid bolded for trader attention,

Craig Lockhart, CEO

Bidding Status:

Manston Naval Works: $3 billion - Halberdgardia vs Spizania
Empire Banking Group: $3.25 billion - Azazia
Langely Computer Corporation $2.5 billion - Pacitalia
Sikh Telecommuncational Company: $5 billion - Pacitalia
Terizon (Phone/Internet Company): $5 billion - Pacitalia
Yerishin Refinement Corporation (Oil/Gas): $27,030,000,000 - Skinny87 vs Prae
Industrial Waste Ink. (trash/filth desposer) ($330,480,000)
Shav Monetary Bank: $24,055,680,000- Azazia
Linto Creek Water Corporation ($1,927,800,000)
Gerdiv Uranium Mining Corporation $68,340,000,000 - Praetonia
Zeros Electric Ink. ($156,519,000,000)
Trekin (Processor Chip producer): $47,124,000,000 - Skinny87
Loudon-Krie Corp. (Automobile Maker): $38,556,000,000 - Skinny87

*Note: Ones that still have parentheses have not been bidded for.
*Note2: If some company has one nation vs another nation, that means both of those companies had the same amount bidded for that company.

OOC: He keeps ignoirng me

Royal Bank of Azazia
1202 High Street
Philadelphia, UK

Attn: Federate Satpul Singh

In addition to the non-direct financial benefits to the workers of Shav Monetary and Empire Banking through short-term non-termination agreements, already part of the Royal Bank of Azazia’s bid, the company I represent is willing to raise our bid to $67/share for 51% of the Shav Monetary Bank, which amounts to a little over $24 billion. Additionally, to the major shareholders of Shav Monetary, ie those holding themselves over 30% of the stock, we will offer one million shares of the Royal Bank from outstanding stock purchased by the company, a stock valued on the Philadelphia Exchange at 82CC/share.

With regards to Empire Banking Group, we are willing to substantially raise our initial offer to $50/share for a 51% controlling interest that amounts to over $3.25 billion in addition we shall make the same offer to the leading stockholders of Empire Banking that we are making to the investors of Shav Monetary. The previous offer of a short-term non-termination agreement also remains on the table.

Again, if there remain any concerns or questions on the part of your government, the board of directors of the companies involved, or the citizens of Space Union as customers or investors I look forward to alleviating any possible anxiety and feel free to keep in touch.

Winston Kingsley III

OOC: He keeps ignoirng me

Oh sorry, yes?

Azazia: Will update.

All is updated also added Praetonia's bid. If I didn't add you that's because I don't know what it was. So yeah, post your bid and I'll add. :)

[OOC: Well, you can put Consolidated Arms, Inc. in for a bid for Langely Computer Corporation at $1.5 billion. I know that's higher than the minimum price, but that was intentional. :D

Also, if it's still open to bidding, Consolidated Arms, Inc. would like to put in a $3 billion bid for Manston Naval Works.]

Confederate Arms would like to open a naval and armoured vehicle production yard in Space Union as part of a 300 billion dollar package designed to help stimulate the nations economic recovery and provide badly needed space for the companies expansion. It would take up approximately 100 square kilometres (obviously requiring access to the sea through a canal or something of that sort) and provide work to some seventy thousand workers at rates equal to that earned by workers at the main production facilities in Theed

OOC:You never said yes or no to this bit of my original query

OOC:You never said yes or no to this bit of my original query

I thought I had said yes, but oh well. Yes you may.

Hal: Everything still open. Its an auction afterall. ;)

OOC: Can you bump the Pacitalian bid to $5bn for Terizon-SikhTelecom? If you want an IC response, that can be done.

OOC: Can you bump the Pacitalian bid to $5bn for Terizon-SikhTelecom? If you want an IC response, that can be done.

Sure. :)

All updates completed. :)

Confederate Arms wishes to bid 3.1bn dollars for Manston Naval Works.

Confederate Arms wishes to bid 3bn dollars for Manston Naval Works.

Done.

http://i35.photobucket.com/albums/d197/Pacitalia/bluefoxstudios.jpg

To: Federate Satpul Singh, Federative Sikh Republic of Space Union
From: Matteo Camaranta, VP of Operations, Bluefox Studios GdNR

We are officially countering the Halberdgardian bid with an offer of $2.25 billion US for a majority stake in Langely Computer Corporation, with the possibility of a higher bid if necessary. We have been looking into expansion to Space Union, and now is the perfect time to do so. We hope that this offer will be much more enticing than any previous offers.


Sincera in domina bene,

Matteo Camaranta
Vice President of Operations, Bluefox Studios GdNR

OOC: Done, also one question Pac: where the hell do you get all these logos??? Damn, did you make them up now. :p

OOC: Amestria's DAPC has offered to purchase FASC IC even though you have said it is not for sale OOC. Please reply IC.

And this RP really needs an OOC thread.

[TAG] for my IC post: my jointly run with The Lone Alliance semi-state, semi-private corporation to make a bid for some Space-Unionist companies.

OOC: Amestria's DAPC has offered to purchase FASC IC even though you have said it is not for sale OOC. Please reply IC.

And this RP really needs an OOC thread.

OOC: Sorry, but I'm not going to allow you to make bids in this. ICly we are very different and it wouldn't be right for me to allow someone with opposing ideas to have any influence in my economy, whatsoever. Sorry, nothing personal, though. :(

As for OOC thread, I will do.

OOC Thread: http://forums.jolt.co.uk/showthread.php?p=10276728#post10276728

Economy Begins to Rebound; Chamber Removes Corporate Electorates!

Ayadi, Space Union - Admist great economic news that has been pouring in for the first time in 4 years since the Space Union depression began, the Chamber of Electorates voted today to remove the Corporate Electoral system that allowed representation of corporations in legislative branches for over 30 years.

This news came earlier today when the Chamber held a special session on the economic report of the nation. At the session, Electorate Paul Johnson, asked for the removal of the Corporate Electorates saying, "Because of the spree of foreign national companies buying domestic companies, this would allow them to have influence in our legislative branch and therefore power in the government." The Electorate didn't point to any particular corporation but sayed that a couple of corporations were followinging in this category.

Many political experts had foreseen this move after months of campaigning by Federate Satpul Singh to get rid of they system he called, "a barbaric practice of allowing money to control our government and people." In his own words Satpul had this to further say, "this system is an outdated way of appeasing corporations. Although they have their place, I believe that with foreign companies gaining large footholds in our industries, it is most likely that many might gain representation in our Chamber. That is a problem I do not wish to have." The Federate was not available for immediate comments though after the session.

Meanwhile, this news backdrops new reports from the Department of Economic Affairs that showed strong growth, decrease in unemployment, the strengthening of the economy, a rise in the GDP and capita, along with a increase in wages for the first time in 4 years since this deadly depression began. The report detailed the recovery of the economy from its collapse 4 years prior in a stock market crash to the peak when almost over half of Space Union was unemployed till today. The report found that the unemployment rate fell from 32% six months ago to now 7% today. This along with reports that show that the economy grew at a tremendous rate for the first time in four years at a rapid pace of 9%. This brought the GDP per capita whistling up as it passed the $35,000 mark for the first time in a long-time.

Notable economist cite this remarkable recovery process thanks to Satpul's decision to open up the economy to outside investments along with loaning from foreign banks. Because of the opening of the economy, economist point out that investments shot up four-fold to the point that it has surpassed pre-crisis foreign investments! This comes as foreign companies, that have no government stock/support in them or are open to that possiblity, take advantage of the situation and have begun to buy corporations like Langely Computer Corporation, in turn creating employment for Space Unionist and further spending in the economy. Probably the biggest help was from the massive complex opened up by Kriegzimmer that brought hundred-thousands of jobs to the nation in hard hit areas. Although many corporations have begun to come to Space Union, some though have been rejected, including Amestria, who from Satpul, "is a nation that is the opposite pole from Space Union when it comes to human rights and politics. We wish not to have them have any say in our nation or economy."

As the economy begins to turn up the throttle and speed up, only good times seem to be coming.

[OOC: Bah, I'm hopeless at economics, but I'll do my best.]

TO: Federate Satpul Singh, Federative Sikh Republic of Space Union
FROM: Serena Mahbubani, Chief Finance Officer, Westwood Arms Commerce Industries
RE: Take overs

Dear Mr. Singh,

With our friends in Sarzonia, Pacitalia and Halberdgardia buying over companies in response to your economic crisis, we have decided to step up and assist. In case someone else by the name of Charles Frost bids for me, let him...he's my colleague and CEO of this semi-state, semi-private company.

I bid fifty billion USD for Trekin (Processor Chip producer) and Loudon-Krie Corp. (Automobile Maker) each, to compete against Skinny87's bids. In the interests of official economic and political ties between the United Sovereign Nations and the Federative Sikh Republic, we would be most glad if you were to accept.

Sincerely,
Serena Mahbubani,
Chief Finance Officer
Westwood Arms Commerce Industries

Republican Incorporated Services

Trade Memorandum

Republican Incorporated Services will increase their bid for a controlling sharehold in the following industries:

Trekin (Processor Chip producer) ($65,000,000,000)
Loudon-Krie Corp. (Automobile Maker) ($70,000,000,000)
Yerishin Refinement Corporation (Oil/Gas) ($42,000,000,000)
Linto Creek Water Corporation ($1,927,800,000)

Latest bid bolded for trader attention,

Craig Lockhart, CEO

Imperial Praetonian Shipyards bids $4,100,000,000 for Manston Naval Works
Royal Central Bank bids $4,500,000,000 for Empire Banking Corporation
Imperial Electrics bids $3,400,000,000 for Langely Computer Corporation
Imperial Oil & Gas bids $30,000,000,000 for Yerishin Refinement Corporation
Royal Central Bank withdraws bid for That other bank
Imperial Atomworks holds bid for Gerdiv Uranium Mining Corporation at $68,340,000,000 since there do not appear to be any counter bids.

Open Communiqué

As a counter to Praetonia's bid for the Gerdiv Uranium Mining Corporation, the Guffingford & Theohuanacu Colonial Office hereby places a bid of ÐG 70,000,000,000.- (1 ÐG is around 5½ US dollar, ie a third of a gram of gold). We also wish to remind Space Union our initial business proposal of 700 billion still stands.

Confederate Arms raises its bid for Manston Naval Works to 4.2 billion Dollars

On behalf of the WACI we are raising the bids. And adding a bid
-Charles Frost.
Trekin (Processor Chip producer) ($70,000,000,000)
Loudon-Krie Corp. (Automobile Maker) ($78,000,000,000)
Manston Naval Works (Naval Yards) ($15,250,000,000)

OOC: Everyone, check the OOC thread. :)

The Portland Iron Works bid $20 billion for the Manston Naval Works
Estrella Motor Cars bid $85 billion for Loudon-Krie Corp.
Sarzonia Business Machines bid $80 billion for Trekin and $20 billion for Langely Computer Corporation
Portland Iron Works and Memphis Mining Corporation jointly bid $500 billion for Gerdiv Uranium Mining Corporation.

Consolidated Arms will raise its bid for Manston Naval Works to $25 billion, and its bid for Langely Computer Corporation to $25 billion as well.

Wisterahlt Banking Co. bid $4.7 billion for the Empire Banking Group and for $25,000,000,000 the Shav Monetary Bank.
Zwadel Communications bid $5.1 billion for the Sikh Telecommuncational Company.
Waste Help LTD bid ($330,480,000) for the Industrial Waste Ink. (trash/filth desposer)
Ilicar Mining bid $520 billion for the Gerdiv Uranium Mining Corporation.

Confederate Arms raises its bid for Manston naval Works to $25.1bn US dollars

Avea raises its bid for Terizon-SikhTelecom to $10billion, plus a guaranteed 20-year investment package worth $30billion.

The Portland Iron Works bid $20 billion for the Manston Naval Works
Estrella Motor Cars bid $85 billion for Loudon-Krie Corp.
Sarzonia Business Machines bid $80 billion for Trekin and $20 billion for Langely Computer Corporation
Portland Iron Works and Memphis Mining Corporation jointly bid $500 billion for Gerdiv Uranium Mining Corporation.

OOC: Sarz, isn't Estrella a subsidiary of Peruzzi?

Open Communiqué

As a counter to Praetonia's bid for the Gerdiv Uranium Mining Corporation, the Guffingford & Theohuanacu Colonial Office hereby places a bid of ÐG 95,000,000,000.- (1 ÐG is around 5½ US dollar, ie a third of a gram of gold - thusly the aforementioned amount being 522,500,000,000 USD.).

OOC: Sarz, isn't Estrella a subsidiary of Peruzzi?OOC: It spun off, remember? And Space Union wanted to keep OOC posts out of this thread.

OOC 2: Guff, it was a Sarzonian joint venture that bid for the mining company, not Praetonia's.


The Portland Iron Works increases its bid for Manston Naval Works to $35 billion USD.
The Portland Iron Works and Memphis Mining increase their bid for Gerdiv Uranium Mining Corporation to $750 billion USD.

Consolidated Arms will counter the Sarzonian offer for Manston Naval Works with a bid of $40 billion, along with a guaranteed 20-year investment package worth approximately $10 billion. [OOC: Sorry, Paci, couldn't resist. :p]

Consolidated Arms will maintain its current bid for Langely Computer Corporation.

Republican Incorporated Services

Trade Memorandum

Republican Incorporated Services will increase their bid for a controlling sharehold in the following industries:

Trekin (Processor Chip producer) ($90,000,000,000)
Loudon-Krie Corp. (Automobile Maker) ($97,000,000,000)
Yerishin Refinement Corporation (Oil/Gas) ($51,000,000,000)
Linto Creek Water Corporation ($3,000,000,000)

Latest bid bolded for trader attention,

Craig Lockhart, CEO

Confederate Arms will match Halbegardias bid with a cash offer of $35.1bn and a 20 investment package worth 15bn Dollars

Trade Memorandum

From:Natasha Zhuravlev, Minister of Industry, Commerce & Trade

The many corporation's of Rusokaria having watched the Space Union economy go through dark times have become interested in the corporations offered for foreign investment. As Minister of Industry, Commerce & Trade, I will represent the following companies in their bid for a controlling sharehold in the following industries:

Lexerus Motor Company wishes to bid $95 billion for Loudon-Krie Corp.
Dominion Oil Corp. wishes to $60 billion for Yerishin Refinement Corporation
Valgaav shipyards along with Lexerus Motor Company, Naval Division wishes to bid $40 billion plus a 15 year, $15 billion investment package for Manston Naval Works

Signed,
Natasha Zhuravlev, Minister of Industry, Commerce & Trade
Igor Petrenko, CEO of Lexerus Motor Company
Georgiy Melnikov, CEO of Dominion Oil Corporation
Arkadiy Abramtsov, CEO of Valgaav Shipyards

Confederate Arms raises it bid for Manston naval works to 40.1bn plus a 15 years 20bn Dollar Investment Package

Valgaav shipyards along with Lexerus Motor Company, Naval Division raises its bid to $45 billion plus a 15 year, $20 billion investment package for Manston Naval Works

Republican Incorporated Services


Trade Memorandum

Republican Incorporated Services will increase their bid for a controlling sharehold in the following industries:

Trekin (Processor Chip producer) ($90,000,000,000)
Loudon-Krie Corp. (Automobile Maker) ($98,000,000,000)
Yerishin Refinement Corporation (Oil/Gas) ($65,000,000,000)
Linto Creek Water Corporation ($3,000,000,000)

Latest bid bolded for trader attention,

Craig Lockhart, CEO

Confederate Arms raises it bid for Manston naval works to 45.1bn plus a 15 years 20bn Dollar Investment Package

Portland Iron Works increase their bid for Manston Naval Works to $50 billion.
Estrella Motor Cars increase their bid for Loudon-Krie Corp. (Automobile Maker) to $125 billion.
Sarzonian Business Machines increase their bid for Trekin (Processor Chip producer) to $100 billion.
Memphis Mining Corporation announce a new bid for Yerishin Refinement Corporation of $75 billion

Confederate Arms raises it bid for Manston naval works to 50.1bn plus a 15 years 20bn Dollar Investment Package

From:Natasha Zhuravlev, Minister of Industry, Commerce & Trade

Lexerus Motor Company, Naval Division wish to retract their bids for Manston Naval Works in favour of placing a bid of $150 billion from Lexerus Motor Company for Loudon-Krie Corp.

Dominion Oil Corp. wishes to upgrade it's bid to $80 billion for Yerishin Refinement Corporation

Signed,
Natasha Zhuravlev, Minister of Industry, Commerce & Trade
Igor Petrenko, CEO of Lexerus Motor Company
Georgiy Melnikov, CEO of Dominion Oil Corporation

Marinoceta SpA will bid $75bn US for Manston Naval Works with a 20-year investment package of $50bn US, including full benefits for all employees (including medical, dental and guaranteed employment) and six new shipyards.

Confederate Arms raises it bid for Manston naval works to 95.1bn

Consolidated Arms will raise its bid for Manston Naval Works to $125 billion.

Portland Iron Works increase their bid for Manston Naval Works to $125 billion.
Memphis Mining Corporation announce a new bid for Yerishin Refinement Corporation of $100 billion.

http://i35.photobucket.com/albums/d197/Pacitalia/peruzzi.jpg
Joint bid

Peruzzi Auto Group CCAm is proud to announce it has reached an agreement to jointly bid with Sarzonia's Estrella Motor Cars in the amount of $350 billion US for Space Union's Loudon-Krie Corporation. We have realised both our companies have the same goal for L-K Corp - to keep the jobs and the resources in Space Union, which is best for all involved.

In addition, we are proud to announce a 25-year guaranteed investment package worth another $150 billion US to ensure the stability and positive growth of the company.

=========

Marinoceta SpA will bump its bid for Manston Naval Works to $200bn.

The Portland Iron Works announce they have increased their bid for Manston Naval Works to $250 billion.

Marinoceta SpA will increase its bid for Manston Naval Works to $300bn US.

On the behalf of the shareholders of Carson and Wolff, the United Kingdom’s up and coming shipbuilder for both civilian and military vessels, I would like to announce our intent to buy a minority stake in Manston Naval Works: 35 million shares, roughly 35%, for $1.4 billion. We seek not to have any controlling interest in the company, merely to expand our corporate assets and financial holdings in order to better diversify our company’s portfolio.

Alice Henry
Chief Financial Officer, Carson and Wolff

Portland Iron Works wish to incease our bid for Manston Naval Works to $400 billion.

Marinoceta SpA recognises the bid from Carson and Wolff and will increase its bid for Manston Naval Works to $425 billion US.

Portland Iron Works increase their bid for Manston Naval Works for $500 billion.

Marinoceta SpA will increase their bid for Manston Naval Works to $550bn US.

Portland Iron Works increase their bid for Manston Naval Works to $750 billion.

Marinoceta SpA will increase its bid for Manston Naval Works to $760bn US.

Republican Incorporated Services

Trade Memorandum

Republican Incorporated Services will increase their bid for a controlling sharehold in the following industries:

Trekin (Processor Chip producer) ($150,000,000,000)
Yerishin Refinement Corporation (Oil/Gas) ($125,000,000,000)
Linto Creek Water Corporation ($3,000,000,000)
Industrial Waste Ink. (trash/filth desposer) ($500,000,000)

Latest bid bolded for trader attention,

Craig Lockhart, CEO

Consolidated Arms will counter the Pacitalian bid for Manston Naval Works, raising its own offer to $850 billion.

Additionally, Consolidated Arms would like to offer $160 million for Zeros Electrical, Inc.

Portland Iron Works counter the Consolidated Arms bid for Manston Naval Works with a $975 billion bid.
Memphis Mining Company offer $200 billion for Trekin (Processor Chip producer)
Memphis Mining Company also offer $175 billion for Yerishin Refinement Corporation (Oil/Gas)

Marinoceta SpA will not make any more bids for Manston Naval Works.

Oh, and SU, you can lower Sarz's and my joint bid to $250bn (no investment package).

Republican Incorporated Services


Trade Memorandum

Republican Incorporated Services will increase their bid for a controlling sharehold in the following industries:

Trekin (Processor Chip producer) ($230,000,000,000)
Yerishin Refinement Corporation (Oil/Gas) ($200,000,000,000)
Linto Creek Water Corporation ($3,000,000,000)
Industrial Waste Ink. (trash/filth desposer) ($500,000,000)

Latest bid bolded for trader attention,

Craig Lockhart, CEO

Open Communiqué

As a counter to Sarzonia's bid for Manston Naval Works, the First National Banking & Trust Company Ltd. hereby places a bid of ÐG 188,000,000,000.- (1 ÐG is around 5½ US dollar, ie a third of a gram of gold - thusly the aforementioned amount being 1,340,000,000,000.- USD). Good luck bidding Portland Iron Works.

Bump?

On behalf of the shareholders of Baltimore Shipyards, we wish to purchase a minority, non-controlling interest in Manston Naval Works. We will buy 21 million shares of stock ($840 million dollars; just under 21%). We do not wish to seek control of the boardroom of Manston Naval Works, merely to own shares in a powerful, although humbled, shipyard.

Further, we wish to purchase a controlling interest in Industrial Waste Ink. (trash/filth desposer), and offer $550,000,000 as our bid.

Thank you.

Sincerely,
Adm. Thad Cochrane (ret.), CEO of Baltimore Shipyards
Adm. David E. Jeremiah (ret.), CFO of Baltimore Shipyards

Consolidated Arms to withdraw Manston bid
"Irresponsible" bidding cited as reasoning for withdrawal

AURORA -- Consolidated Arms, Inc. CEO Derek Reisner made a surprise announcement yesterday at a press conference at Consolidated Arms' headquarters in Aurora to shareholders and members of the press that his company would be withdrawing from the bidding war over the Space Unionist defense firm Manston Naval Works.

The announcement came shortly after bids from the renowned Sarzonian defense conglomerate Portland Iron Works and counteroffers from Guffingfordian enterprise First National Banking & Trust Company Ltd. sent the price of Manston Naval Works spiraling up past $1 trillion.

"The fact of the matter is, we simply do not have that kind of capital to spend on such an acquisition, and I am loathe to place the shareholders in serious financial risk by making such an irresponsible move," Reisner said at the press conference.

When questioned as to whether or not withdrawing the bid for Manston would hurt his plan to expand Consolidated Arms into naval and ground manufacturing, Reisner again surprised those present.

"We are currently in talks with a third party to pursue the acquisition of a naval works," he said, declining to elaborate further. He did, however, add that the possibility of also acquiring a firm specializing in small-arms and ground-vehicle manufacturing was "strong."

Reisner also confirmed that Consolidated Arms would maintain its two current bids for other Space Union corporations, saying that "despite the loss of Manston, we are still well-positioned to advance Consolidated Arms' standing in the field."

Shares of Consolidated Arms rose in late-afternoon trading despite the news of the withdrawal from the bidding for Manston, closing at $47.93, up from $45.21.

Republican Incorporated Services



Trade Memorandum

Republican Incorporated Services will increase their bid for a controlling sharehold in the following industries:

Trekin (Processor Chip producer) ($230,000,000,000)
Yerishin Refinement Corporation (Oil/Gas) ($200,000,000,000)
Linto Creek Water Corporation ($3,000,000,000)
Industrial Waste Ink. (trash/filth desposer) ($650,000,000)

Latest bid bolded for trader attention,

Craig Lockhart, CEO

Portland Iron Works withdraw their bid for Manston Naval Works, noting two things: One, we question the Guffingfordi economic capacity to handle such an enormous transaction as they have proposed; Two, we question whether such a purchase would in fact be free of governmental influence. We are particularly concerned in light of Guffingford's open embrace of the National Socialist system of government.

However, if your government has no qualms about any of the above, we will allow First National Banking & Trust Company to produce its bid should it be able to do so free of government intervention or influence.

Admiral Barbara Tucker (ISN-Ret.)
Chief Executive Officer
Portland Iron Works

Baltimore Shipyards is temporarily withdrawing its bid for minority stakes in Manston Naval works, and is increasing its bid for a controlling interest in Industrial Waste Ink. to $1.39 billion.

Portland Iron Works withdraw their bid for Manston Naval Works, noting two things: One, we question the Guffingfordi economic capacity to handle such an enormous transaction as they have proposed; Two, we question whether such a purchase would in fact be free of governmental influence. We are particularly concerned in light of Guffingford's open embrace of the National Socialist system of government.

However, if your government has no qualms about any of the above, we will allow First National Banking & Trust Company to produce its bid should it be able to do so free of government intervention or influence.

Admiral Barbara Tucker (ISN-Ret.)
Chief Executive Officer
Portland Iron Works

OOC: Sarz, you don't need to withdraw your bid because it's not the highest.

Republican Incorporated Services



Trade Memorandum

Republican Incorporated Services will increase their bid for a controlling sharehold in the following industries:

Trekin (Processor Chip producer) ($230,000,000,000)
Yerishin Refinement Corporation (Oil/Gas) ($200,000,000,000)
Linto Creek Water Corporation ($3,000,000,000)
Industrial Waste Ink. (trash/filth desposer) ($2,000,000,000)

Latest bid bolded for trader attention,

Craig Lockhart, CEO

Baltimore Shipyards increases its bid on a controlling interest in Industrial Waste Ink. (trash/filth desposer) to $2,400,000,000.00, and will bid $53,320,000.00 for a controlling interest in Shav Monetary Bank.

Republican Incorporated Services




Trade Memorandum

Republican Incorporated Services will increase their bid for a controlling sharehold in the following industries:

Trekin (Processor Chip producer) ($230,000,000,000)
Yerishin Refinement Corporation (Oil/Gas) ($200,000,000,000)
Linto Creek Water Corporation ($3,000,000,000)
Industrial Waste Ink. (trash/filth desposer) ($4,000,000,000)

Latest bid bolded for trader attention,

Craig Lockhart, CEO

OOC: All Bidding Is Suspended Indefinently For Now! Reasons Will Not Be Disclosed Yet But Effect This! Listen Or Die!

[OOC: Aye. The bids have become a little crazy, ie. people are offering several times the networth of these companies and have no hope whatsoever of ever making their money back.]

[OOC: Aye. The bids have become a little crazy, ie. people are offering several times the networth of these companies and have no hope whatsoever of ever making their money back.]

OOC: As of now it's looking like companies like PIW and Memphis Mining are going to take huge hits to their finances - Sarz, you may be looking at a recession because of all this lost capital. :( It's certainly not looking good for a lot of companies. And if Sarzonia's economy *does* go into recession we may see reverberations in the Praetonian, Pacitalian, Isselmerian economies etc. etc. Maybe even a vicious cycle system where SU's economy sees no growth because the negative effect of massive bidding cancels out any positive growth from the legitimate bids.

Consolidated Arms to expand holdings
Acquisition of Halberdgardian, Pacitalian firms allows company's entrance into small-arms and naval manufacturing industries

AURORA -- Two days after announcing his company was seeking to acquire an unspecified foreign naval works in lieu of pursuing increasingly-massive bids for Space Unionist defense firm Manston Naval Works, Consolidated Arms, Inc. CEO Derek Reisner revealed in a press release yesterday that Consolidated Arms would be acquiring Pacitalian naval works Submersibata CFGP, as well as Halberdgardian firm Sikorski Corp.

"Consolidated Arms is pleased to announce its entry into the naval and small-arms manufacturing industries with the acquisition of Submersibata CFGP and Sikorski Corp., respectively," Reisner said in the press release. "With these new purchases, Consolidated Arms is now poised to begin competing with the other major defense firms on the international stage."

Though Submersibata CEO Ruggiero Da Manati was unavailable for comment, a source close to Da Manati confirmed that Submersibata would be folded into Consolidated Arms for approximately $5 billion, which is close to analyst predictions of the deal, assuming the deal has Consolidated Arms paying market price or slightly above for the 106 million shares of a controlling interest, as well as the assumption of Submersibata debt. Sikorski executives could not be reached for comment.

The news comes just after Space Union's Federate Satpul Singh declared an end to international bidding for various Unionist firms, in an effort to stem the massive tide of bidding. Many economic analysts see the situation as having gotten out of control, with over-zealous corporations bidding past their means in an effort to secure as many investment opportunities as possible. The noted Pacitalian publication The Economist recently featured an editorial by guest writer Dr. Garret Jackson, former Minister of Trade and Industry for the United Kingdom of Azazia, speaking out against the bidding practices of several corporations aiming to acquire Manston Naval Works, even going so far as to claim that Sarzonian defense conglomerate Portland Iron Works had gone "from globe-striding conglomerate that can do no wrong to one that makes massive financial blunders in rather rapid succession."

Reisner has refused to comment on the investment practices of the competitors for Manston Naval Works since announcing Consolidated Arms' withdrawal from the bidding war two days ago, when he cited "irresponsible" bidding practices as the primary reasoning behind the withdrawal.

Shares of Consolidated Arms soared at the news of the acquisitions, closing at $59.04, up from $47.93.

Satpul Ends Bidding Officially; Economy Slows Down but Economist Say Only Temporary

Ayadi, Space Union - Admist economic news that showed only modest growth that had been expected, Federate Satpul Singh announced the end of bidding for a list of companies that have presued to be bought by foreign entities, companies.

In a surprise move, Satpul ordered the end of bidding officially for a list of companies that are seeking to be purchased, mainly by foreign companies. This comes in light of broad problems that have arrisen from the bidding. Economist warned that because of the dramatic skyrocketing value of some of the companies that were just inflated, it could turn into an economic disaster when the bubble blows from too much inflation. Already, economist are warning of a possible recession and even decline of the Sarzonian economy because of the ultra-high bidding by Portland Iron Works. Satpul turned down comments to how this would affect the economic recovery for Space Union.

While the Federate tried to clean up the bidding mess, the Department of Economic Affairs released their annual economic reports showing modest growth of the economy after the bidding problems. Investments had dropped once more, though, not as severe as the economic crash earlier. But unemployment seemed to have whethered that as it hovered at 5%. Economic growth curtailed itself from a speedy pace of 9% earlier to now only 3%. Because of this, the National Union Stock Exchange closed 0.2% lower at the end of the day.

But as growth is cut, economist say that this situation will only be temporary. Economist note that investors became jittered with PIW's bidding and then after the relevation came that its value was inflated by 50,000% resulted in massive decline in investments. But as the news becomes old, economist foresee the investment rates climbing once more to its former self again within 2-4 months. They also noted that foreign companies seem unphased, though, at the problems that occured so unemployment is likely to continue to drop as more and more companies continue to invest and build factories and make new service sector jobs within the nation.

We will keep you up-to-date on the coming events of the Space Union economy along with the Sarzonia/PIW crisis.

Hoogenbosch BerigFirst National Banking & Trust: "Let PIW bid, we will counter it"

Hoogenbosch, TODAY -- While the financial word of Imperial Armies and Atlantian Oceania are bracing themselves for yet another round of reckless bidding on companies within the economic wreckage of Space Union. These bids are mostly made on by the 'megacorporation' Portland Iron Works, a Sarzonian naval defence contractor. Many nations agree that this is yet another attempt to monopolize the shipping industry by Sarzonian officials, who - although they deny it - are heavily linked with Sarzonian politics.

The main opposing force of PIW is the largest and wealthiest private banking establishment in Guffingford, the First National Banking & Trust Company Ltd. While FNB&T has no real interest in any major shipyards, the bank issued a statement where it says they represent a large consortium of investors, real-estate firms and several independent legal firms, who's main purpose is to break the Sarzonian naval monopoly.

While the CEO of PIW questions the massive amount of (solid) Guffingfordian capital, Admiral Barbara Tucker should ask herself this: "is it smart to go against a banking corporation which can purchase PIW if they wanted to?" No is the clear answer, and she knows it in the back of her head. While PIW seeks to expand, FNB&T was willing to allow a reporter to talk about these - and several other, albeit less important - financial matters.REPORTER (Lawrence Ruby): Mr. Thaddick, Master Banking of FNB&T, how do you see this situation? Childish, dangerous, irresponsible...?

THADDICK: Well, I say this is a very dangerous mixture. 500 Billion for an uranium mining company is ludicrous, let me say that first. Nations such as Skinny87 might be willing to pay for it, and if they win, they'll pay. But they have no clue how much they for such a company.

REPORTER: I see. How is FNB&T going to continue? Pressing on or cease bidding?

THADDICK: To be honest, I cannot be completely honest with you but I'll lift the curtain just a little, whatever PIW bids, we bid more. They can never outbid us. Let them bid, we will counter it.

REPORTER: Right. That seems to be quite clear, not to be mistaken for anything else. How can FNB&T finance this massive operation?

THADDICK: First of all, let me make it clear to anyone reading this that FNB&T does not benefit from any government support whatsoever. Our profit comes from many loans to nations, corporations, investment, bonds and shares. Remember, FNB&T controls 27% of Guffingfords gold mines and reserves, which is a lot I can assure you.

REPORTER: Thank you Mr. Thaddick for your brief explanation on this subject.

Meanwhile Mr. Sweet, the minister of financial affairs, is not making a big secret about his future plans to began selling off the hoards of currency which came from Atlantian Oceania. 42% Of these currency holdings are made of the Pacitalian Ðouro, a free floating currency and closely tied with the Sarzonian dollar. On the Guffingfordian currency markets this speculation led to the sales of Sarzonian and Pacitalian shares, hoping to avoid a plummeting Ðouro or Sarzonian dollar.

While analysts say that a recession in such nations is an unlikely event, this reckless monetary and financial policy of the largest Sarzonian company speaks volumes about the Sarzonian economy as a whole. Sweet also added that he'd find it "unsmart" and "rather foolish" to start investing in Atlantian Oceanian bonds and shares. His advice is heeded by many Guffingfordian financial players.

Depression Declared Officially Over; Economy Stronger Than Ever

Ayadi, Space Union - After years of the Space Union depression that rocked the economy and sent it into turmoil, today the Federal Reserve and the Federate announced that with the strong economic news, the recession is officially over. This sent shockwaves through the economy as stocks surged and rocketed back to pre-crisis level and beyond.

Today a joint Federate and Federal Reserve press conference revealed that the depression that had strangled the SU economy for the past couple of years was officially over. In the Federate's own words, "After hearing the new economic news published by the Department of Economic Affairs, I'm proud to announce that we have done it. The depression is over." These words were met with widespread applause all over the country along with the National Union Stock Exchange that rocketed past pre-crisis levels and closed 200 points above. The Federal Reserve also commented on this by increasing the Federal Rate to 0.25% from 0.2% earlier, though, this did not hamper any news but signaled the end of the rampant inflation in the SU economy.

Earlier in the week, the Department of Economic Affairs announced that unemployment had fell from 7% to below 3% for the first time in many years. Alongside that, the economy has grown at a brisk pace of 8% for the first time in years and the fastest for the country in over 50 years. The GDP per capita of the country soared from $35,000 to $40,000 once more and is expected to rise further as the months come. Economist noted that investment rates where above the pre-crisis level and said "the economy is on a fast track to success now." One advantage of this economic crisis was that the Space Union economy further moved away from manufacturing and blue-collar industries and further into the service sector. The service sector grew to 71% of the economy for the first time in years. Economist note that with ever increasing robotification of factories, largely led by the Federate, the manufacturing sector will continue to shrink as the service sector will grow. But as that sector shrinks, that means less employment for those workers. In response, the Federate has established Learning Centers all over the country that will instruct these workers in whatever path they wish to go to in the service economy for free.

As good news poured in, the Union Polling Assocation (UPA) did a poll on the Federate's popularity and found that 87% of Space Unionist consider that he did a better job than any other President, Federate, or leader in the nation's history. The approval rating of the Federate has climbed to 91%, but is expected to further climb as more good news pours in. There are hints that the Federate may join the Federatial race next month, but the Federate has yet to confirm or deny these comments.

Space Union has once more weathered another crisis as the horizon once more becomes clear and the storm disipates.