Sep 21 2008

A Friendly Game of “Screw Your Neighbor”

Posted by Sara Nunnally

Sandstone Cliffs at Teplice mad MetujiI’ve taken some time to get away from the fabulous city of Prague, the cultural and financial center of the Czech Republic, to dig into the wilder side of the country.

I took a three hour train ride to Teplice mab Metuji, right on the border with Poland. This little town is known for its sandstone monoliths, which are very similar to the formations in Bryce Canyon, Utah. The park was really beautiful, especially with the mist and drizzle hanging deep in the pine trees.

Anyone taking a trip to Prague should set aside the time to get up here and unwind…

After a nice hike, I hit the restaurant, or resterace, of my hotel. There I hooked up with some fellow travelers for a game of cards. They taught me how to play “Screw Your Neighbor”.

It’s not a hard game to learn, and I did well, but as I sat and thought about it, I found it very ironic that I was playing a game called “Screw Your Neighbor” and in the morning I would be heading on to Krakow, Poland.

You see, Poland’s being given the evil eye right now. Russia is a bit peeved that the former Soviet state agreed to the U.S. plan for a defensive missile shield. The Czech Republic will also build a radar system the will link in the the missile shield technology.

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Sep 18 2008

Prague Is Crowded

Posted by Sara Nunnally

I’ve made my way from Cesky Krumlov to Prague, the capital of the Czech Republic. Prague is like a beehive. There are so many people here, and lots of them are native, but even more are tourists.

I spent this afternoon on a four-hour tour of the city with a local woman named Helena. We saw the city castle, which is the biggest in the Republic, and - of course - bigger by one square meter than the castle at Cesky Krumlov.

Besides the great pictures I’ve taken, and the short video of the crowd standing before the Astrological Clock waiting for the next hour to strike, this city has taken me by surprise.

It’s hip and young, and yet attracts tourists from every walk of life. From young backpackers to Japanese businessmen in suits parading Prague Square… they are coming from everywhere. This is exciting to me, and no doubt to the folks watching the Czech economy.

I passed some American tourists who casually noticed the Czech-made car, the Skoda. I mentioned to them that the Republic, and the whole region is home to every major auto manufacturer - GM, Ford, BMW, Mercedes-Benz, etc, etc.

That’s the side of Eastern Europe that lots of folks don’t know about.

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Sep 14 2008

Greetings from Over-cast Austria!

Posted by Sara Nunnally

I spent my first day here in Austria wandering around the old Schönbrunn Palace, where the family of the old imperial family lived. The grounds were beautiful. The world’s oldest zoo is also there, and I have to say, things are looking pretty busy over here, dispite what some “recessionists” would say.

In fact, both legs of my flight were full, and the zoo and palace were crowded with tours, and today is Sunday!

Now, on my taxi ride from the airport to the hotel, I passed a power plant, a massive one. OMV is the largest utilities provider in the country, so it wasn’t a surprise to see its name plastered on the side of a building.

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Sep 08 2008

Investing in Russia: Money Flows Elsewhere

Posted by Sara Nunnally

An area the size of Rhode Island with a population smaller than Pawtucket has caused Russia a whole lot of trouble.

South Ossetia, with only 1,500 square miles of territory and 70,000 “citizens”, claimed independence from Georgia on November 28, 1991. Russia officially recognized the territory’s independence on August 26, 2008, twenty days after Russian troops entered the region to defend South Ossetia’s population from Georgian forces.

Less than a week later, investors in Russia were headed for the hills… And they’re still running.

The EU, currently headed by French President Nicolas Sarkozy, is trying to make Russia comply with the ceasefire agreement and withdraw troops. According to a BBC news report, “Some European leaders have already warned there can be ‘no business as usual’ with Russia until the peace plan is fully implemented, and the European Union has suspended talks on a new partnership agreement with Moscow.”

That’s going to be a bit difficult when it comes to Russian energy supplies, however. Russian natural gas accounts for 40% of all EU imports.

And if conflict continues into winter, it truly could be a Cold War between Russia and the EU if the Bear turns off the spigot. That’s why the EU is rushing around the Caspian Sea and the Mediterranean like mad trying to scare up energy supplies and pipeline partners.

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