NationStates Jolt Archive


Bankrupt, economic crisis? (Open, MT)

Bredford
22-10-2007, 01:07
The economy of Bredford was flourishing.

the unemployment has been decreased in %0.08, the GDP per capita made it to the $40,000, the stock market was flourishing, the export has passed two trillion , the BRD Credit gained twenty cents, and the new investments in Kahanistan and Alfegos raised Bredford's economic influence.

However, in one day..

The oil company "Komo Oil Corp" bankrupted.
nobody expected it.

Oil companies in Bredford usually took loans from the banks, in order to build new oil well or something like that, and they were always repaying it.
so the banks also tryied to profit from this deal, and raised interest for the oil companies. this wasn't really influencing the oil company, so they continued.
however, "Komo Oil Corp" was apparently in big losses, for a year now.

it seemed like the company was out of cash, and in debt of $550 billion USD to the banks.
ofcourse, the situation had happened before, and "Komo Oil Corp" sold assets regulary to keep itself.
however now, they were officialy declared bankrupt.

and "Komo Oil Corp" weren't small company, they were trillion dollar company, and their falling could lead to larger fallings on the market.

And in the mean time, the Bredford bourse keeps crashing, as many oil-related companies began falling.. who knows what will happen next.
Firehelper
22-10-2007, 01:31
Message from the Firehelper Government:
The Firehelper government is willing to loan several trillion dollars to the Bredford government to aid in the recovery of your economy. ((ref: Firehelper Lending Fund (http://forums.jolt.co.uk/showthread.php?p=12952327#post12952327))) At the same time we also recommend that you implement mesures to limit the impact on your economy. These measures include the closing of stock markets and the government buying of shares on the market. Firehelper is also ready to send economists to aid the the reorginisation and reconstruction of your economy. If you accept our help we will do what we can in order to make your economy stable again.
----Firehelper Government
Mephras
22-10-2007, 01:48
The Mephrasian Empire is sad to hear of the economic trouble that plagues our Novan neighbor. We would be willing to offer low interest loans in various amounts, and would be willing to provide our own economic advisers. We suggest in the meantime, to take care of your people, to expand social welfare and ensure that the populace is fed.
Leafanistan
22-10-2007, 02:13
General Resources Conglomerate would like to bid on the leftover assets of Komo Oil, provided the government does an assessment of how much they are worth on the open market.

General Resources Conglomerate wishes to reopen Komo Oil as a wholly-owned subsidiary of General Resources Conglomerate to give back jobs to BredFord citizens and help stave off a major economic crisis.
Alfegos
22-10-2007, 08:11
Due to the economic agreements between Breford and Alfegos, such as the BAECT (Breford - Alfegos Economic Co-operation Treaty), the Alfegos government felt obliged to purchase $40 billion worth of bonds in the Breford government.
Greal
22-10-2007, 08:19
Official Greal Statement

Greal is willing to loan 50 billion to Bredford.

signed
Greal Foreign Minister
Will Riddle
Bredford
22-10-2007, 11:44
OOC: i think you didn't understand. its a company bankrupt, not an entire country crisis, though it might develop. the goverment dosen't need loans or anything similar.

IC:

To General Resources Conglomerate:

The goverment of Bredford has discussed with the banks, and the assets will be fully sold to cover all the debts "Komo Oil Corp" has, to the banks, in bonds, to the stockowners and so far..

The company had a debt of $550 billion to the banks, another $85 billion in bonds, and the stock-owners of the company will be repayed in $0.30 for each stock they owned (which means $51,000,000,000).

the total price for the assets is therefore: $686,000,000,000 Universal Dollars.

However, local companies already bidded $720,000,000,000 for the company, mainly BIC (Bredford International Commerce).


Bredford Bourse-

In the mean time, the small (relatively, $650 billion USD) oil company "Geogra Oil" crashed with several oil-realted companies (such as piping and refining companies).
it seems that the entire crash didn't only effected the oil market, but also the financial market, as the company E.F.G (Edward Finance Group) crashed, as their most of their investments were in the oil market, specifically at "Komo Oil Corp".

Losses for this time are measured in $3.5 trillion universal dollars, making it the largest economic crash the Bredford Bourse ever experienced.

the total damages are unknown, as Bredfordian investment companies began losing hope in the oil companies, and further crashes are expected not only on the oil market.

it appears that the goverment is hopless on the situation, as a full closing of the stock market will totally destroy the investors confidence, and letting it stay open might cause a full economic crisis, and the economic law number #81 forbids the goverment from holding any stocks in the Bredford Bourse.
Bredford
23-10-2007, 08:04
Bump..
Alfegos
23-10-2007, 08:20
The Alfegos Rare Earth Metal company, the richest in Alfegos, had seen the tumbling value of the large oil firm, and saw it was a good time for a bid to take it over.

$1 Trillion dollars, equivalent to around Æ750 billion, was the bid put forward for the oil company. This hopefully ould be a good investment.
Bredford
23-10-2007, 09:51
The Alfegos Rare Earth Metal company, the richest in Alfegos, had seen the tumbling value of the large oil firm, and saw it was a good time for a bid to take it over.

$1 Trillion dollars, equivalent to around Æ750 billion, was the bid put forward for the oil company. This hopefully ould be a good investment.

The bid of Alfegos Rare Earth Metal company has been accepted. Bredford International Commerce offers $2 trillion dollars.


In the Bredford Bourse, the stocks of the light drinks company "Super-Soda Coala" has crashed to the bottom, with the stock crashed in one day from $11 to $0.3, "BeBe Drinks" and "Vexel Silver" has declined in %19 each.

Many startup companies (especially manufacturing ones) crashed today on the market, as investors began losing confidence.

Losses are now estimated at $6,000,000,000,000.

Representives from "Vellion Bank" and "Wall & Bien Banking Services" have met today in effort to find a solution to the market falling.
Leafanistan
23-10-2007, 12:45
OOC: What are the customs like in your country? What can I bring in, what if I bring in a lot of people at once on a private jet?

General Resources Conglomerate

We'd like to offer a deal to pay $.50 to every dollar on the shares of Komo Oil Corp. We feel this is a more than generous offer that pays a ludicrously high amount for a company that has failed so utterly.

We recommend we take this to the shareholders themselves without bothering to have a government intermediate. This is the free market after all, let us meet them and greet them.

We also put forth a deal to pay right now, $.55 cents for every dollar for every share of Super Soda Cola, and wish to put it to a stockholder's vote.

[END]
Brutland and Norden
23-10-2007, 13:59
Good day!

Royal Brutland Capital Ventures Inc. would like to put forward an initial ₤827.2 million (US$1.19 billion) to invest in Bredford. We would be finding fallen companies, restructure them, help them become solvent and be profitable enough to invest again.

Thank you.

Duke Geraldo of Stampione
President, Royal Brutland Capital Ventures, Inc.
Bredford
23-10-2007, 16:41
OOC: What are the customs like in your country? What can I bring in, what if I bring in a lot of people at once on a private jet?

General Resources Conglomerate

We'd like to offer a deal to pay $.50 to every dollar on the shares of Komo Oil Corp. We feel this is a more than generous offer that pays a ludicrously high amount for a company that has failed so utterly.

We recommend we take this to the shareholders themselves without bothering to have a government intermediate. This is the free market after all, let us meet them and greet them.

We also put forth a deal to pay right now, $.55 cents for every dollar for every share of Super Soda Cola, and wish to put it to a stockholder's vote.

[END]

OOC: Did i said what's the price of Komo Oil Corp? how do you know your offer was higher?

IC:

some of the stockholders of Super Soda Coala agreed to sell their stocks, not all of them. most of them believed that the economy of Bredford can withstand the crisis, and the stock will return, even if not to its former level but to higher level then you offer. (you have managed to buy %39 of Super Soda Coala)


Good day!

Royal Brutland Capital Ventures Inc. would like to put forward an initial ₤827.2 million (US$1.19 billion) to invest in Bredford. We would be finding fallen companies, restructure them, help them become solvent and be profitable enough to invest again.

Thank you.

Duke Geraldo of Stampione
President, Royal Brutland Capital Ventures, Inc.

IC:

Duke Geraldo of Stampione, we (at the goverment of Bredford) cannot recommend you on a company, as it will be considered unethical.
We can only wish you luck on your effort to invest in our economy.

Thank you got the interest in our nation, President Oliver Mosley IX.
Alfegos
23-10-2007, 17:47
The bid was withdrawn by the Alfegos Rare Earth Metal co.: It seemed they were ill-equipped to afford a compnay that shoed signs of complete liquidation.
Kylernia
23-10-2007, 18:39
As the representative for the best interests of our leader, Mr. Kyle Saint and the people of Kylernia is my honor to inform you that the Griffon Investment Group, owner of 200 of the 250 Oil Pits in Kylernia, is willing to offer half of the money needed to put the company "Komo Oil Corp" back in business in exchange of 30% of the company's stocks and a 50 year EXCLUSIVE contract with "Griffon Oil", the primary export Oil supplier in Kylernia.

Griffon Investments is also willing to provide the resources in order to build several pumps in Kylernia in order to expand the national bounds of "Komo Oil Corp" thus potentially raising the stock value and opening a series of international contracts beneficial for the company's reputation.

If you consider this proposal acceptable, please let us know so the Griffon Investment Group can start the paperwork and send a representative.

Good day
Bredford
23-10-2007, 20:14
As the representative for the best interests of our leader, Mr. Kyle Saint and the people of Kylernia is my honor to inform you that the Griffon Investment Group, owner of 200 of the 250 Oil Pits in Kylernia, is willing to offer half of the money needed to put the company "Komo Oil Corp" back in business in exchange of 30% of the company's stocks and a 50 year EXCLUSIVE contract with "Griffon Oil", the primary export Oil supplier in Kylernia.

Griffon Investments is also willing to provide the resources in order to build several pumps in Kylernia in order to expand the national bounds of "Komo Oil Corp" thus potentially raising the stock value and opening a series of international contracts beneficial for the company's reputation.

If you consider this proposal acceptable, please let us know so the Griffon Investment Group can start the paperwork and send a representative.

Good day

OOC: man, Komo Oil Corp is larger then your entire GDP, there no way you can buy it.
Pinguinum
24-10-2007, 00:51
Pinguinian Executive New Innovative Style was having problems with its image.
They are currently looking for new ideas.

Their company slogan was/is "Up and coming"
Rogue Protoss
24-10-2007, 14:00
The Theocracy of Rogue Protoss wishes to invest 100,000,000 argus krystals E.F.G (Edward Finance Group), another 89,000,000 argus krystals in Super-Soda Coala
Bredford
24-10-2007, 14:11
Pinguinian Executive New Innovative Style was having problems with its image.
They are currently looking for new ideas.

Their company slogan was/is "Up and coming"

OOC: What?

The Theocracy of Rogue Protoss wishes to invest 100,000,000 argus krystals E.F.G (Edward Finance Group), another 89,000,000 argus krystals in Super-Soda Coala

OOC: and those "argus krystals" worth how much in dollars?
Lyras
24-10-2007, 14:38
TO: Bredford Bourse
FROM: Lyran Governmental Trade Department

RE: Stock prices for manufacturing companies

Sir/Ma'am

It has been made plain to the Lyran Governmental Trade Department that certain automotive and armaments manufacturing groups within Bredford are suffering from depressed stock prices as a consequence of the financial crisis triggered by the collapse of Komo Oil.

In the never-ending pursuit of increased producitivity, the Lyran Governmental Trade Department would like to enquire as to the stock prices and total values of corporations involved in manufacturing within the Bredford Bourse.

Your assistance in this regard is appreciated.

Sincerely

Lieutenant-General Aleksandr
Director
Lyran Governmental Trade Department
Bredubar
Protectorate of Lyras
Bredford
24-10-2007, 14:59
TO: Bredford Bourse
FROM: Lyran Governmental Trade Department

RE: Stock prices for manufacturing companies

Sir/Ma'am

It has been made plain to the Lyran Governmental Trade Department that certain automotive and armaments manufacturing groups within Bredford are suffering from depressed stock prices as a consequence of the financial crisis triggered by the collapse of Komo Oil.

In the never-ending pursuit of increased producitivity, the Lyran Governmental Trade Department would like to enquire as to the stock prices and total values of corporations involved in manufacturing within the Bredford Bourse.

Your assistance in this regard is appreciated.

Sincerely

Lieutenant-General Aleksandr
Director
Lyran Governmental Trade Department
Bredubar
Protectorate of Lyras

Lists of companies hurt from the falling (manufacturing ones):

% is buyable percent. [xxxx] is price of the buyable part. Notes:xxxx is special notes. NW: xxx is networth.


"Super Soda Coala" %20 [$72 billion USD] NW: $360 billion USD (Light drinks company)

"Commonwealth National Arms Ltd." %5 [$145 billion USD] NW: $2.9 trillion. (Producing ammo, rifles, tanks, and other military ground systems)

"Southport Gruman" %20 [$180 billion USD] Notes: also builds civilian ships. NW: $900 billion. (Military and civilian ships building company)

"Newfield Car Industries Co." %10 (%5 by single entity) [$100 billion USD USD] NW: $1 trillion USD. Notes: Subsidiary of "Newfield Heavy Industries". (Cars Manufacturing)

"Genius House" %20 [$340 billion USD] NW: $1.7 trillion. (Electronics company)


Bredford Bourse-

And in the mean time, the stocks of "Newfield Electronics" and "Newfield Industries Inc." keep falling, as the investors are thinking that the stock disaster in "Newfield Car Industries Co." (%69 crash in one day) might have bad influence on the mother company itself, and its subsidaries.

It appears that sectors are falling together, and the stockholders of "Teor Electronics" and "Genius House" already began selling stocks, fearing a total crash of the Electronics sector, altough it seems "Genius House" suffered more.

In the mean, the stocks of the large conglomerate "Lexus Motors" has experienced a %9 fall, however every fall like this could lead to %90 fall in the almost violent climate on the Bredfourd Bourse. It seems that "Bredford International Commerce" not only hasn't falled, but also made some small gains (%3).

The losses are staggering, and arrived to the mighty sum of $9.5 trillion dollars. economic analysts are fearing this will have a crippling impact on the Bredfordian economy.
Lyras
24-10-2007, 15:12
TO: Bredford Bourse
FROM: Lyran Governmental Trade Department

RE: Stock purchases

The Lyran Governmental Trade Department would like to submit bids for the following stock:

Commonwealth National Arms Ltd. (5% of total worth) [$145 billion NSD]
Southport Gruman (20% of total worth) [$180 billion NSD]
Newfield Car Industries (5% of total worth) [$50 billion NSD]

Further to that, Lyran Arms has submitted a tender to Southport Grumman for the production of three hundred medium tank transport ships in the 25,000 tonne range. While injecting substantial amounts of capital, the four year project will provide continuity of employment and continuation of cash supply into that crucial area of Bredford's economy.

Lyran Arms has issued a public statement, declaring that it will purchase any available shares to any Bredfordian Manufacturing concerns. North Stornian analysts predict certainty of demand will shore up Bredfordian share prices.

Negotiations between Lyran Arms and the Bredfordian Bourse are ongoing. Should there be any questions specifically for me, please let me know.

Sincerely

Lieutenant-General Aleksandr
Director
Lyran Governmental Trade Department
Bredubar
Protectorate of Lyras
Van Luxemburg
24-10-2007, 15:14
From: Kristin Becker, Board of Managers, VLT Automotive Group N.V.
To: Bredford Bourse
Subject: Procurement of stocks for Automotive Companies

Dear Sir/ Ma'am,

VLT Automotive is one of the largest automobile manufacturers worldwide, but is always interested in acquiring more stocks in more automobile companies. We must say, we have been following the developments in Bredford with some concern. Therefore, we have made the decision to make ourselves useful, and offer to buy stocks in the Automotive Companies of Bredford.

With this, we hope to get the automotive manufacturing capability of Bredford back on it's feet, and also generate income to recuperate from the rest of the economic collapse, if we may call it this way.

Signed,

Kristin Becker,
Board of Managers
VLT Automotive Group N.V.
Van Luxemburg
Pinguinum
24-10-2007, 15:42
OOC: Bredford, you need to be more active on the FWA forum. There was something I posted there. It didn't take off. Read it and next time actually ask a question.
http://z11.invisionfree.com/Free_World_Alliance/index.php?showtopic=59
Bredford
24-10-2007, 16:11
TO: Bredford Bourse
FROM: Lyran Governmental Trade Department

RE: Stock purchases

The Lyran Governmental Trade Department would like to submit bids for the following stock:

Commonwealth National Arms Ltd. (5% of total worth) [$145 billion NSD]
Southport Gruman (20% of total worth) [$180 billion NSD]
Newfield Car Industries (5% of total worth) [$50 billion NSD]

Further to that, Lyran Arms has submitted a tender to Southport Grumman for the production of three hundred medium tank transport ships in the 25,000 tonne range. While injecting substantial amounts of capital, the four year project will provide continuity Bourse Group.
of employment and continuation of cash supply into that crucial area of Bredford's economy.

Lyran Arms has issued a public statement, declaring that it will purchase any available shares to any Bredfordian Manufacturing concerns. North Stornian analysts predict certainty of demand will shore up Bredfordian share prices.

Negotiations between Lyran Arms and the Bredfordian Bourse are ongoing. Should there be any questions specifically for me, please let me know.

Sincerely

Lieutenant-General Aleksandr
Director
Lyran Governmental Trade Department
Bredubar
Protectorate of Lyras

http://i211.photobucket.com/albums/bb264/keyofdoom_photo/BredfordBourseGroup.jpg

To: Lt. General Aleksandr, Director of the Lyran Govermental Trade Department.
From: William Wexter, CEO of the Bredford Bourse Group.

We are sorry to tell you this, but the managers of Bredford Bourse Group (including me) decided to not allow foreign goverments invest in the Bredford Bourse, as it may give foreign goverments control over our bourse.

Every investment must be made though a private man or a private company.

From: Kristin Becker, Board of Managers, VLT Automotive Group N.V.
To: Bredford Bourse
Subject: Procurement of stocks for Automotive Companies

Dear Sir/ Ma'am,

VLT Automotive is one of the largest automobile manufacturers worldwide, but is always interested in acquiring more stocks in more automobile companies. We must say, we have been following the developments in Bredford with some concern. Therefore, we have made the decision to make ourselves useful, and offer to buy stocks in the Automotive Companies of Bredford.

With this, we hope to get the automotive manufacturing capability of Bredford back on it's feet, and also generate income to recuperate from the rest of the economic collapse, if we may call it this way.

Signed,

Kristin Becker,
Board of Managers
VLT Automotive Group N.V.
Van Luxemburg

http://i211.photobucket.com/albums/bb264/keyofdoom_photo/BredfordBourseGroup.jpg

To: VLT Automotive Group, Kristin Becker
From: William Wexter, CEO of Bredford

Greetings, Mr. Becker.

We have three main car producers at Bredford.

"Lexus Motors", "Commonwealth Cars", and "Newfield Car Manufacturing Co."

Information about them is available in the Bredford Bourse Site (OOC: My factbook, http://forums.jolt.co.uk/showthread.php?t=536094), and you may check information on them yourself.

Thank you and good day,

Mr. William Wexter,

CEO of the Bredford Bourse Group.
Leafanistan
24-10-2007, 18:32
OOC: Did i said what's the price of Komo Oil Corp? how do you know your offer was higher?

IC:

some of the stockholders of Super Soda Coala agreed to sell their stocks, not all of them. most of them believed that the economy of Bredford can withstand the crisis, and the stock will return, even if not to its former level but to higher level then you offer. (you have managed to buy %39 of Super Soda Coala)

OOC: I want to know your customs regulations. Besides buying the company wholesale from a government clearinghouse is cheating the stockholders, they really own the company, let them have the say on it.

Do we have majority rule, like is there another single entity that owns more than 39%?

IC: General Resources Conglomerate

We like to announce our purchase of a 39% stake in Super Soda Coala, which we are now considering adding our lines of soda from General Refreshments Inc. to Super Soda Coala.

We'll begin to introduce a line of fruit flavored sodas called Nectar. We plan on introducing Pomegranate, Orange, Pineapple, Grape, Strawberry, and Cinnamon. We'll put up the new flavors to votes from the stockholders, as it is plainly obvious, we vote yes on all flavors.

[END]

Dirty Warehouse, Wrong side of Tracks, Al-Dasiq Oil Fields, Saharistani Autonomous Colony

Mr. Ash and Mr. Black sat around a table. They were playing a high stakes game of chess. Mr. Ash's Applied Mathematics Degree was plainly obvious by his mechanical, ends justify the means style of playing. Mr. Black was a Computer Engineer with a specialization in game-theory, evident by how much he was tearing at Mr. Ash's strategy.

But before this game could end, the phone rang. Mr. White dropped the AK-165 he was cleaning. Mr. Black knocked over the chess board and ran to the phone. Mr. Ash folded his arms and put his head down, Mr. Black's drama had again ruined another game.

Their client a Mr. M said another job may be coming soon, he liked their last job and new passports will be imminent.
Bredford
24-10-2007, 23:17
OOC: I want to know your customs regulations. Besides buying the company wholesale from a government clearinghouse is cheating the stockholders, they really own the company, let them have the say on it.

Do we have majority rule, like is there another single entity that owns more than 39%?

IC: General Resources Conglomerate

We like to announce our purchase of a 39% stake in Super Soda Coala, which we are now considering adding our lines of soda from General Refreshments Inc. to Super Soda Coala.

We'll begin to introduce a line of fruit flavored sodas called Nectar. We plan on introducing Pomegranate, Orange, Pineapple, Grape, Strawberry, and Cinnamon. We'll put up the new flavors to votes from the stockholders, as it is plainly obvious, we vote yes on all flavors.

[END]

Dirty Warehouse, Wrong side of Tracks, Al-Dasiq Oil Fields, Saharistani Autonomous Colony

Mr. Ash and Mr. Black sat around a table. They were playing a high stakes game of chess. Mr. Ash's Applied Mathematics Degree was plainly obvious by his mechanical, ends justify the means style of playing. Mr. Black was a Computer Engineer with a specialization in game-theory, evident by how much he was tearing at Mr. Ash's strategy.

But before this game could end, the phone rang. Mr. White dropped the AK-165 he was cleaning. Mr. Black knocked over the chess board and ran to the phone. Mr. Ash folded his arms and put his head down, Mr. Black's drama had again ruined another game.

Their client a Mr. M said another job may be coming soon, he liked their last job and new passports will be imminent.

OOC: Yes, you do have majority control over Super Soda Coala.

For the second part... i don't really understand how its connected to the Bourse falling?
Leafanistan
24-10-2007, 23:25
OOC: Yes, you do have majority control over Super Soda Coala.

For the second part... i don't really understand how its connected to the Bourse falling?

OOC: I'm going to start killing people by bringing in assassins into your country. Tell me your custom's regulations.

I suggest we start opening biddings on Komo Oil Corp, directly to the stockholders.

IC: General Resources Conglomerate

The General Resources Conglomerate, soon to release new exciting soda flavors into the Bredfordian market will now make a bid for Komo Oil Corporation's stockholders.

The stock is now worthless, its assets impounded by the government, we at the General Resources Conglomerate are willing to bail you out of a bad situation. We are only interested in the security of our stockholders, and therefore will pay $.50 on the dollar for every dollar of stock (pre-crash) held by the Komo Oil Corporation's stockholders.

We will also ensure that the company will never be taken over by foreign workers, and will maintain domestic employment policies. We will also do our best to prevent large pay cuts, firings, etc.

[END]
Pinguinum
25-10-2007, 00:00
Bursan Executive Investments Ltd.

...would like to know more about these issues and what would be deemed by you, the nation of Breford, to be the end goal.

I am setting up my own trading centre. Once this is done, I will bea ble to process trade quicker.
Bredford
25-10-2007, 18:03
OOC: I'm going to start killing people by bringing in assassins into your country. Tell me your custom's regulations.

I suggest we start opening biddings on Komo Oil Corp, directly to the stockholders.

IC: General Resources Conglomerate

The General Resources Conglomerate, soon to release new exciting soda flavors into the Bredfordian market will now make a bid for Komo Oil Corporation's stockholders.

The stock is now worthless, its assets impounded by the government, we at the General Resources Conglomerate are willing to bail you out of a bad situation. We are only interested in the security of our stockholders, and therefore will pay $.50 on the dollar for every dollar of stock (pre-crash) held by the Komo Oil Corporation's stockholders.

We will also ensure that the company will never be taken over by foreign workers, and will maintain domestic employment policies. We will also do our best to prevent large pay cuts, firings, etc.

[END]

OOC: That would be... $6.5 trillion USD.

No weapons are allowed, at all. its a big possibilty that you may not even be able to enter, because of your nation category (Compulsory Consumerist State), which is basically communist in the eyes of the goverment. you will not be able to bring ANY products from your country, and your ability to bring money from your our country will be... extremely limited (to the amount of 500 BRD Credits). your ability to buy at our country will also be extremely limited, and monitored by goverment agencies.
As you can see, we extremely dislike communists. just try to make a strange move or gesture near a person and that will be 'a try to hurt a Bredfordian citizen'. try to smoke, and it will 'Ecological Terrorism', that's partially also because we don't like smoking, but mostly because you are communist. lolz. have fun.

Bursan Executive Investments Ltd.

...would like to know more about these issues and what would be deemed by you, the nation of Breford, to be the end goal.

I am setting up my own trading centre. Once this is done, I will bea ble to process trade quicker.

Ahhh? If i only could understand/...
Pinguinum
25-10-2007, 18:30
OOC: I guess what I'm saying is what the hell is this thread meant to be about. You report an economic crisis. What would you consider the end goal to be?

If you would like me to reword again for you, just ask though it will get to a point where I wonder... I'll leave it at.
Bredford
25-10-2007, 19:11
OOC: I guess what I'm saying is what the hell is this thread meant to be about. You report an economic crisis. What would you consider the end goal to be?

If you would like me to reword again for you, just ask though it will get to a point where I wonder... I'll leave it at.

OOC: End goal.. idk. something very interesting. War, Economic Recovery, Rebellion.
Pinguinum
25-10-2007, 19:30
OOC: Right, I get ya. thanks.


IC:
The Pinguiniain government was under the standing of you being in a strong financial position. I still hope our current monetary transactions will be successful and I am fully aware of your citizens increased interest in our economy. We are presently developing our stock exchange so our trading can improve. We do sincerely hope your economy recovers soon as I am sure we would both like a stable region.


Sincerely,

Rt. Hon. Daniel Fur-Black MPP
Minister of Finance
Bredford
25-10-2007, 19:55
OOC: Right, I get ya. thanks.


IC:
The Pinguiniain government was under the standing of you being in a strong financial position. I still hope our current monetary transactions will be successful and I am fully aware of your citizens increased interest in our economy. We are presently developing our stock exchange so our trading can improve. We do sincerely hope your economy recovers soon as I am sure we would both like a stable region.


Sincerely,

Rt. Hon. Daniel Fur-Black MPP
Minister of Finance

IC:

We are still on strong financial position, Rt. Hon. Daniel Fur-Black MPP. and our citizens still have strong interest in your economy. to any promises our banks have given i can't guarantee, but i am sure they will keep up to their promises.

Now, many companies in Bredford wish to expand into Pinguinum, and i am sure they can.. however, i have a few questions.

By recent check we did, there are few... disturbing things we find in your nation. PMC seems to be your only Television company, which may state on two things... one, that you are a socialist nation that has state companies, and second, that you might not have a free, unmonopolized market economy.
Anyway, either of them dosen't look well, especially for more then two hundred million population state.

Hope you answer me soon,

Victoria Mackenzie,
Bredford Minister of Finance.
Bredford
25-10-2007, 20:19
Economy Law #331 was written today at the goverment office.

Economy Law #331, or "The Anti-Communist law" as he soon became known, forbided any activity of any element coming from country without free-market economy (thus, including Iron First & Compulsory Consumerist States). basically meaning, any company registered in country without free-market economy, or any company which is the subsidiary of one and so on, are forbided from any activity in Bredford. any citizen coming\born\parents or grandparents born\strong feeling to\ever had been a citizen\visitor on those countries will be, on his arrival to Bredford, interrogated by the secret agency. any assets of those mentioned will be automatically confiscated and auctioned to citizens or returned to companies.
Pinguinum
26-10-2007, 07:35
It appears you have done inadequate research regarding television and I would say that you also appear to have no broadcasting, postal or telephone network.

If you wish to trade with Pinguinum, it is best practice not to make remarks about competition.


PMC now renamed PBC is the main original broadcasting company. Although, it appears that we have only one, there are others although they aren't as popular and don't carry as much weight.
You will have to dig depper to find all of our information. There is already a substantial amount of information on the World Factfile (wiki). If it isn't on there, then it will be on the official government website.

PBC is regulated by the Ministry of Communication not controlled or owned by it.

Every company in our nation is regulated by a government ministry.

This is standard practice and is perfectly acceptable.
As I said, we are developing our stock exchange.



It concerns us that you say you still have a strong economy even though you have suffered an economic crisis.
My answer to the telegram will come in the next fews days. HM is currently reviewing the governmnetal ministries. At the moment, the request is being dealt with by the Office of Companies.



Rt. Hon. Daniel Fur-Black MPP
Minister of Finance
Bredford
26-10-2007, 11:10
It appears you have done inadequate research regarding television and I would say that you also appear to have no broadcasting, postal or telephone network.

If you wish to trade with Pinguinum, it is best practice not to make remarks about competition.


PMC now renamed PBC is the main original broadcasting company. Although, it appears that we have only one, there are others although they aren't as popular and don't carry as much weight.
You will have to dig depper to find all of our information. There is already a substantial amount of information on the World Factfile (wiki). If it isn't on there, then it will be on the official government website.

PBC is regulated by the Ministry of Communication not controlled or owned by it.

Every company in our nation is regulated by a government ministry.

This is standard practice and is perfectly acceptable.
As I said, we are developing our stock exchange.



It concerns us that you say you still have a strong economy even though you have suffered an economic crisis.
My answer to the telegram will come in the next fews days. HM is currently reviewing the governmnetal ministries. At the moment, the request is being dealt with by the Office of Companies.



Rt. Hon. Daniel Fur-Black MPP
Minister of Finance

To: Rt. Hon. Daniel Fur-Black MPP.
From: Victoria Mackenzie

Our Television, Radio, and Telephone network are all made by very small companies, however, there is very large number of them. (more precisely, 67 Television companies, 42 Radio companies, and 79 Telephone companies) those companies are mostly local (like "Silvet-Vision", or "OaktownTelex"), but there are some who are country wide (like "SuperPhone", or "Radio One").

Economic Crisis, is something temporary. it will be over.

Thank you and good day,

Victoria Mackenzie,
Bredford Finance Minister.
Hamilay
26-10-2007, 12:00
http://i41.photobucket.com/albums/e267/Flaw3dLegacy/AEFNnormal.gif

Official Communique to the Government of the Commonwealth of Bredford

As a fellow member of the Alliance of Economically Free Nations, the Federal Republic is sorry to hear of the economic troubles in your nation. Hamilay, via AEFN, has already declared intent (http://forums.jolt.co.uk/showpost.php?p=13165691&postcount=19) to assist the Bredford economy with investment currently totaling the sum of $200 billion USD, to be put forward to various corporations. We wish to inquire if the Bredford government has any special requests regarding the direction of this investment.

In the meantime, the National Bank of Hamilay wishes to put forward a bid of $340 billion USD for a 20% stake in the Genius House electronics corporation.
Bredford
26-10-2007, 14:19
http://i41.photobucket.com/albums/e267/Flaw3dLegacy/AEFNnormal.gif

Official Communique to the Government of the Commonwealth of Bredford

As a fellow member of the Alliance of Economically Free Nations, the Federal Republic is sorry to hear of the economic troubles in your nation. Hamilay, via AEFN, has already declared intent (http://forums.jolt.co.uk/showpost.php?p=13165691&postcount=19) to assist the Bredford economy with investment currently totaling the sum of $200 billion USD, to be put forward to various corporations. We wish to inquire if the Bredford government has any special requests regarding the direction of this investment.

In the meantime, the National Bank of Hamilay wishes to put forward a bid of $340 billion USD for a 20% stake in the Genius House electronics corporation.

http://i211.photobucket.com/albums/bb264/keyofdoom_photo/BredfordBourseGroup.jpg

To: National Bank of Hamilay
From: Bredford Bourse Group

We wish to know, before authorizing such a large investment, is the National Bank of Hamilay a private company? if it is a goverment organization, we cannot possibly allow this buying.

To: AEFN
From: Victoria Mackenzie

We thank the AEFN for its noble interests in helping our economy, but unless the investment is made by private company or person, it is not allowed.

Thank you and good day,

Victoria Mackenzie, Bredford Minister of Finance.
Pinguinum
26-10-2007, 14:31
I would like to know more about these companies you talk about. What are all their names and logos. Would you mind if I added them to the government list of companies... For record purposes.
Rogue Protoss
26-10-2007, 14:43
OOC: and those "argus krystals" worth how much in dollars?

ooc:hm lets see 100 argus krystals would be around 65 dollars
IC: also we wish to buy 0.05 percent of Commonwealth National Arms Ltd, and 0.7 percent of Southport Gruman
Bredford
26-10-2007, 14:51
ooc:hm lets see 100 argus krystals would be around 65 dollars
IC: also we wish to buy 0.05 percent of Commonwealth National Arms Ltd, and 0.7 percent of Southport Gruman

IC: To Rogue Protoss goverment, you can't possibly invest in our economy. only private entities are allowed to invest in the Bredford Bourse\Perform Economic Actions in Bredford.
Alfegos
26-10-2007, 15:09
http://img266.imageshack.us/img266/7131/financialministryvi5.png (http://img266.imageshack.us/my.php?image=financialministryvi5.png)
Alfegos Financial Ministry
Al'Fego Aure Sou'rai

Alfegos wishes to enquire as to whether this current economic slump will affect construction work of the Bredford-Alfegos business park in New Zevkhay, or affect workers in the Bredford-run factories across the river in Old Zevkhay.
Bredford
26-10-2007, 15:14
http://img266.imageshack.us/img266/7131/financialministryvi5.png (http://img266.imageshack.us/my.php?image=financialministryvi5.png)
Alfegos Financial Ministry
Al'Fego Aure Sou'rai

Alfegos wishes to enquire as to whether this current economic slump will affect construction work of the Bredford-Alfegos business park in New Zevkhay, or affect workers in the Bredford-run factories across the river in Old Zevkhay.

To: Alfegos Financial Ministry

From: Victoria Mackenzie

After talking with "Crusader Civil Aviation" and the other companies, they have promised the current economic crisis won't affect their projects in Alfegos.
Brutland and Norden
26-10-2007, 17:03
Greetings!

Royal Brutland Capital Ventures, Inc. would like to put forward ₤236.1 billion [US$340 billion] to acquire the 20% stake at Genius House. We would also like to inquire about the control of the company, as we would like to restructure the company and churn out products to make Genius House profitable again.

Thank you.

Duke Geraldo of Stampione
President, Royal Brutland Capital Ventures, Inc.
Van Luxemburg
26-10-2007, 17:14
From: Kristin Becker, Board of Managers, VLT Automotive Group N.V.
To: William Wexter, CEO of Bredford Bourse
Subject: RE:Procurement of stocks for Automotive Companies

Dear Sir,

Thank you for your answer regarding my last letter. I have contacted you once again to finalise deals for the automotive market in Bredford. As of now, we are interested in buying large portions of all three companies, but seeing this isn't possible, we will be acquiring the maximum amount of stock for each, being:

"Commonwealth Automobiles (CWA)" %20 [$144 billion USD]
"Newfield Car Industries Inc." (NCI)" %5 [$50 billion USD USD]

Also, we would like to state our interest in buying further stocks of all three companies. This would preferably be done in cooperation with the companies themselves.

Signed,

Miss Kristin Becker
Board of Managers,
VLT Automotive Group N.V.
Van Luxemburg
Rogue Protoss
26-10-2007, 18:11
IC: To Rogue Protoss goverment, you can't possibly invest in our economy. only private entities are allowed to invest in the Bredford Bourse\Perform Economic Actions in Bredford.

Very well then, we shall inform our corporations of the matter...

ECONOMIC SLUMP!!!!, Fresh Meat!!!!, send an offer this instant boys!, economic downturn equals crime which equals prisoners, which we need for the mining, and weapons testing!,
Message to the Nation Of Bredford........
New Trindad PLC. amd its competitors, Umojan PLC. and the Kel-Morian PLC. will be more than happy to take over our offer in the Bredford Bourse
Leafanistan
29-10-2007, 04:02
OOC: That would be... $6.5 trillion USD.

No weapons are allowed, at all. its a big possibilty that you may not even be able to enter, because of your nation category (Compulsory Consumerist State), which is basically communist in the eyes of the goverment. you will not be able to bring ANY products from your country, and your ability to bring money from your our country will be... extremely limited (to the amount of 500 BRD Credits). your ability to buy at our country will also be extremely limited, and monitored by goverment agencies.
As you can see, we extremely dislike communists. just try to make a strange move or gesture near a person and that will be 'a try to hurt a Bredfordian citizen'. try to smoke, and it will 'Ecological Terrorism', that's partially also because we don't like smoking, but mostly because you are communist. lolz. have fun.

OOC: The nation category is wrong due to a bad choice among those notoriously hyperbolic issues. I've been trying to be nice and moderate in them but it hasn't gone back yet. And most people don't RP by their nation page.

Anywho, what about private jets? Are they searched? What about international shipping? For a country your size, billions of tons of goods must enter via shipping routes and that would take millions of workers and thousands of ships moving around. Can you honestly say you can search all that without spending tens of trillions on security and delaying by several weeks all industry that relies on external shipping.
Pinguinum
29-10-2007, 11:00
OOC: The nation category is wrong due to a bad choice among those notoriously hyperbolic issues. I've been trying to be nice and moderate in them but it hasn't gone back yet. And most people don't RP by their nation page.

Anywho, what about private jets? Are they searched? What about international shipping? For a country your size, billions of tons of goods must enter via shipping routes and that would take millions of workers and thousands of ships moving around. Can you honestly say you can search all that without spending tens of trillions on security and delaying by several weeks all industry that relies on external shipping.

OOC:
I have to agree here. For a start, penguins don't frolick though forests.:)

I know, the whole game is hyperbolic, it mentions about being quite exagerrated in the FAQ page.:)

I try to play as realistically as possible.
Bredford
29-10-2007, 13:30
OOC: The nation category is wrong due to a bad choice among those notoriously hyperbolic issues. I've been trying to be nice and moderate in them but it hasn't gone back yet. And most people don't RP by their nation page.

Anywho, what about private jets? Are they searched? What about international shipping? For a country your size, billions of tons of goods must enter via shipping routes and that would take millions of workers and thousands of ships moving around. Can you honestly say you can search all that without spending tens of trillions on security and delaying by several weeks all industry that relies on external shipping.

The security checks are in airports. Private Jets are not searched. Shipping from netural countries are searched, from allied countries not (which is like %99 of my import). HOWEVER, the private jet must be already written in the Ministry of transport. so you will have to register it. and it must be from allied nation for not to be searched.
Van Luxemburg
29-10-2007, 14:50
(OOC: no reply for me?)
Bredford
29-10-2007, 14:53
(OOC: no reply for me?)

OOC: sorry, i thought i have answered you. Your purchases are approved (i have no time for IC message, since i am going to play COD2 now. bye)
Leafanistan
30-10-2007, 18:54
The security checks are in airports. Private Jets are not searched. Shipping from netural countries are searched, from allied countries not (which is like %99 of my import). HOWEVER, the private jet must be already written in the Ministry of transport. so you will have to register it. and it must be from allied nation for not to be searched.

OOC: Well turns out the issue about regulating newspapers a bit more strictly turned me into a Compulsory Consumerist State, and I'm back to Capitalist Paradise. I'm afraid to mess with it again.

And I've sold you weapons before, shouldn't we qualify for neutral country?
Bredford
30-10-2007, 19:14
OOC: Well turns out the issue about regulating newspapers a bit more strictly turned me into a Compulsory Consumerist State, and I'm back to Capitalist Paradise. I'm afraid to mess with it again.

And I've sold you weapons before, shouldn't we qualify for neutral country?

Umm.. not as i remember. oh, those bombers. well..

%100 tax rate? lol. that's is communist state, no matter what is your UN category.
Leafanistan
30-10-2007, 22:01
Umm.. not as i remember. oh, those bombers. well..

%100 tax rate? lol. that's is communist state, no matter what is your UN category.

OOC: I don't RP that tax rate because it makes no sense for a capitalist paradise to have a 100% tax rate. I RP a bracketed tax around 12-30% depending on your income and a corporate tax of between 10-20% depending on business size and market penetration.
Bredford
30-10-2007, 23:04
OOC: I don't RP that tax rate because it makes no sense for a capitalist paradise to have a 100% tax rate. I RP a bracketed tax around 12-30% depending on your income and a corporate tax of between 10-20% depending on business size and market penetration.

Ah... Ok then. your neutral nation. still that means you are searched. however your not viewed as 'Communist scum' anymore.
Pinguinum
08-11-2007, 21:26
OOC: Is your crisis settled now? I presume it is but I haven't heard from you in a while. Curiouser and curiouser...