George Soros continues to voice his support for restructuring of Ukraine debt

Billionaire George Soros continued to express his frustration on how Europe, debtors, and the US have treated Ukraine’s debt issue. In 2015, Ukrainian foreign debt stood at $19 Billion. Pressed against a hard breathing space and a sinking ship, Ukraine is seriously contemplating defaulting on its debt. The implications may be grievous. Bondholders are playing hardball in the negotiation and George Soros believes that they are partly to blame for the impasse.

The country is coming from a war against Russian-sponsored militants. Russia continues to meddle with the independence and the integrity of the Ukrainian government. Although the war has ceased, the Minsk II Agreement, the agreement to end ceasefire, is expensive and ambiguous to implement.

Ukraine is calling out for a sovereign debt restructuring. George Soros Ukraine believes that all parties should consider debt restructuring. He argues that all over the world, companies have the option to restructure debt. A company forced to pay all its debt at once is likely to go bankrupt, but if allowed to repay its debt systematically, it has a future.

However, Ukraine is not finding any joy in the negotiations. The Negotiations are painfully slow and disingenuous. Bondholders have taken the Greek stance. The risk of default is high and repercussions dire both in short and in the long run. The European Union is contemplating debt relief, but the process is not straightforward. Reference: http://www.nybooks.com/articles/2015/10/08/ukraine-europe-what-should-be-done/

George Soros had developed what he called a winning strategy for Ukraine debt relief. He argued that the only way to make good use of the optimism and solidarity of the new Ukraine is to ensure that the country gets enough funds to overcome severe budget shortfalls. He argued that, if the EU were to exercise its discretion and purpose to bail in Ukraine, it would be the start of a much effective way of dealing with the Russian aggression.

Ukraine is committed to meaningful reform notably rooting out corruption and judicial reforms. Regarding new credit, the new environment will be friendly to public service. George Soros’ further argued that unlike in the past when the oligarchs determined public policy, their role continues to diminish in the new dispensation. Although still worrying is the trend to use non-legal application of policies, but the upbeat population seems to support the progress.

Europe’s best interests lie in a safe and growing Ukraine. Another Greek tragedy in Ukraine is likely to have more than economic repercussions. Financial hardships would most certainly weigh in on the volatility in the country. A possibility of civil strife is imminent, and Europe could have to deal with 40 Million Ukrainian refugees.

If support for Ukraine comes at this hour of need, the country can transform its fortunes. Such support will set the country on a path of recovery. They will be capable of fulfilling their financial obligations to debtors. Unfortunately, as it stands, the IMF backed assistance program offers too little. Soros challenges the EU to do whatever it takes, including activating Macro-Financial Assistance mechanism (MFA), to help Ukraine.

Read the articles about George Soros and Ukraine on NY Books

Brian Bonar Upcoming Restaurant Mogul and Finance Advisor

If you are anyone in the finance world, you already know the name Brian Bonar. He has been active in the world of finance for many years. In the beginning, Brian worked to gain entry into the world of finance for such companies like Dalrada Financial Corp and IBM. Knowing the background of financial gains, he opted to begin a new chapter in his life in San Diego.

It was in San Diego that Brian opted to begin a new chapter by opening his first restaurant. Bellamy’s is in San Diego and this was his first endeavor for operating a business like a restaurant.

He knows money and he knows how to use money to make a profit and when he seen the opportunity to open his own restaurant, he knew it would be difficult but knew over time that it would be something of a success. This was a big and bold move for a man who has background in technical areas rather than cooking areas.

Bloomberg reveals that when Brian Bonar was young, he always knew that at some point in his life, he would operate his own business. He worked hard to graduate from school and moved quickly into the corporate area of finance.

He managed to find his own style to work from and then learned that he was able to help more people by his knowledge in finances. He knew at some point, he was destined to impact others with his help.

He held onto his passion for work and this helped him to work his way into operating his own business. He has been well known through the business and finance areas of the world and a large portion of people in the United States has worked for a company he has been apart of for many years.

He is someone that more people should learn from. In a long term range, there is much to know about operating your own business and he knew how difficult it would be from the start. He knew that in order to gain success, he would have to get a lot of people into his restaurant right off the bat.

Brian knew that he would have to set his prices high before being able to make a profit and for this reason, his restaurant is expensive all the while it serves less people than most. It allows for people to have a more intimate meal with one another and this is where his money is made.

 

Villanova Gets A Top Ranking At Covers.com

Villanova University is famous for its legendary basketball team. Over the decades, the Villanova Wildcats have contributed to an incredible amount of excitement for fans of the sport. Gamblers also love to bet with — and against — the team from season to season. They make their choices based on the college basketball odds presented to them. Covers.com remains an outstanding source for NCAAB odds. Covers.com is home to many articles and videos presenting great discussions about odds, teams, and matchups.

Fans of sports betting and Villanova college basketball should rejoice. Per Covers.com, Villanova now holds the top spot for the “power rankings” for week three of NCAAB.

The current “power rating” of the Villanova Wildcats is -19. Clearly, the basketball odds here indicate Villanova is a heavy favorite. The team’s ranking at the time Covers.com placed it at the top spot reflected 7 wins and 0 losses. The most recent win was an 82 – 57 victory over the Penn Quakers. Player Kris Jenkins scored 22 points on his own during the game, which greatly assisted Villanova’s huge win over their fellow Keystone State rivals.

Point spreads had Villanova at -13.5 to -14.5. As anyone who follows college basketball odds knows, this means Villanova was giving up those points to Penn. The giveaway of points on the spread did not matter. Villanova won by 15. So, anyone who took Penn at +14.5 ended up losing that wager by .5.

If Kris Jenkins had missed one basket and only scored 20 points, those who wagered on Penn would have won. The moral of the story here is close losses are losses. Another moral lesson here is there are reasons why the favorite teams are the favorites.

There are also reasons why Covers.com is such a well-regarded online community for those who are interested in college basketball odds. Actually, Cover.com is pretty comprehensive when it comes to sports. The NCAAB page, however, may be the absolute most impressive of all the sections of the company’s site. The details on rankings and odds are solid. Links to various outstanding articles are included as well.

Villanova University has a presence on that NCAAB page. Learning more about this top team and many others is possible thanks to the solid work Covers.com has done to cover — no pun intended — sports odds.

Will Villanova be able to maintain that top ranking? So far, doing so seems very much possible.

Geoffrey Cone on Moving to a New Country

Geoffrey Cone wants to help everyone who is moving to a new country. He has solidified his stance as a global attorney and he is confident that he will help people make the right decision on the country that they should move to. He wants to make sure that he is getting the best for people in the way that he works as an attorney.

 

Attorneys are great to have for people who are making a move to a different country. Global attorneys are able to help people have a better understanding of what they can do when they are going to make a move to a different country. Geoffrey Cone is a global attorney and he is confident in his ability to make things better for the people who are in different areas. He wants to make sure that things are better for people who are in different countries when they have made a move to somewhere different.

 

Some people who are considering a move want to move to New Zealand. They think that this is the perfect place because of the way that the country works. They want to make sure that they are getting the most out of their global move and they are able to do different things in New Zealand. Because of the way that New Zealand works, they think that they will be happy there and that they will be able to do more when they are in the country instead of being in a different country that is similar.

 

New Zealand has what is known as tax transparency. This is something that allows them the chance to learn what they are doing in the area that they are in. The taxes in the area are different than what is in other countries. There are many different tax brackets in New Zealand and people can learn what they are by looking at the published reports of taxes in the country. The tax transparency allows people to see what they are able to do when they are in different tax brackets of New Zealand.

 

There are many different tax havens around the world. Tax havens are a great place for people to be able to save money on the taxes that they have. This is an important thing for people who are making a lot of money because they do not want to have to pay exorbitant amounts of money for taxes. Since people know what they need to be able to do when they are in different countries, they should be sure that they know everything there is to know about the countries that are considered tax havens and what they can do while they are there.