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Merkel and Sarkozy add Monti

John Garcia January - 9 - 2012

Merkel and Sarkozy add Monti for EU alignment to resolve crisis

German Chancellor Angela Merkel, and French President Nicolas Sarkozy travel to Rome on 20 January to meet Italian Prime Minister Mario Monti for talks ahead of the European Union Summit on 30 January.

Including the chief of the Euro Area’s 3rd largest economy is a change in the resolution pattern to forging a common position in bilateral talks.

It appears as a vote of confidence in the unelected Mr. Monti, who has pushed through budget cuts demanded by the EU after the resignation of Silvio Berlusconi.

“Monti’s courage inspires confidence,” Mr. Sarkozy said Saturday in Paris after the 2 met. “France

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Tags: Add Monti, Monti, Sarkozy Add, Sarkozy Add Monti
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Safe harbor for Russians’ savings

Greg Fowler January - 9 - 2012

As the world economic unrest is largely expected to continue into 2012, there’s little room for the average Russian to save.

Data from the Federal State Statistical Service (Rosstat) says that the real disposable income of people in Russia stands at about 21,000 roubles, where almost a half of that is spent on food. And research from Russia’s National Agency for Financial Studies (NAFS) shows that more than a half of Russians don’t put any money aside at all.

Deeper into Deposits

Deposits and cash remain the most popular saving tools, seen as the most reliable “Grandma recipe,” says Guzelia Imaeva, a head of NAFS. For an average Russian, unwilling to take a risk with their pint-sized savings, it would be better to deposit the money and relax, says Natalia Smirnova, general director at Personal Advisor Financial Planning Association.

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Tracking Spending – Practicing What I Preach

Gerald Conrad January - 3 - 2012

I hate tracking things. I’m terrible at it. The terrible stems from the hating part. I actually feel a bit reviled right now just thinking of tracking myself on anything. I’ve tried to track my eating habits before because up til now I cannot cook, and my nutrition has suffered; that lasted about 6 days. Then I lost the paper I tracked it on. You see? Terrible.

I am writing this on January 1, 2012.  I am going to track my spending every day this month.

I am doing this not just to see how much I spend

But to understand how it feels to track my spending.

I’ll go out on a limb and say that most people want to be happy. If something is easy and will make a person happy, they’ll probably do it. “Oh you’re giving me a free piece of delicious, cheesy pizza? Yes, thank y

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Tags: Tracking, Tracking Spending
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