The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
not sure he does rr
i think he likes aggro
It is very sad to witness this savage war of words taking place. I'm quite sure that all Zaza wants is to get on with operations in the field.
Correct me if I am wrong but havnt both sides wasted millions because frr failed to return the land due in 2017 and even shy boy zz says they have now returned the land as the georgians won this claim ?
and still believe that as a loyal corporate citizen we will play our role in the country's economy even during the great national hardship. After the end of the war, we happily participated in the IDP and Rehabilitation Assistance Philanthropy. We are proud of this story. Then, we could not even imagine that in the 12 years since the Russian invasion we would have seen the government, Which drove the country away from a very strong pro-American and pro-democratic policy. Instead, unfortunately, the government evolved disguised into the current kleptocratic oligarchy. International observers know that our similar business experience is a real-time indicator of what is actually happening in a country’s geopolitical and economic landscape. In this context, it is clear from our experience that while the Georgian government is constantly seeking Western attention and foreign aid due to Russia's occupation of its territories, it is silently embracing the values ??that the 2008 Russian invasion should have inherited. This is a very dangerous masquerade. The goal of the 2008 Russian invasion was largely achieved. As we see today, the Georgian government is succeeding in To significantly destroy the free enterprises of the Western private sector. For example, our business and the prospect of Georgia's energy independence related to it have been damaged and halted by the government, which was prevented by the Russian military invasion 12 years ago. We could not have imagined that after this horrific war, we would find ourselves in an environment where democratic reforms are opposed, and Russian, Iranian, and Chinese private sector investments are more welcomed by the government than by the Americans. As the largest US private sector investor in Georgia, we have met with the Prime Minister and his government many times over the past year to try to restore the positive spirit of the US / Georgia partnership. Unfortunately, all these appeals were ignored or we were rejected in response. However, as we saw in the last week of July, the pro-American masquerade continues, with other priorities. The president, prime minister and his government found more time to meet with Iranian officials to discuss normalization of relations and economic development issues. We once again appeal to the Prime Minister and his government to stop this deliberate, deceptive, damaging and insincere propaganda campaign. Instead, we encourage you to reach out to people sincerely and work directly and in good faith with our company to pave the way for a true partnership. We believe that we can set a positive example for American private sector investment in Georgia. We respectfully urge the Government to remain committed to the decision of the Arbitral Tribunal, to respect the terms of the contract,
The Government of Georgia has continued the disinformation campaign against our company, - the company "Frontera" said in a statement . The company is responding to the government providing one-time assistance to former Frontera employees.
"Last week, on August 6, the Georgian government continued its disinformation campaign against our company. Suddenly announcing through the media that it had decided to provide a small amount of one-time assistance to people it referred to as "former employees" instead of having a direct connection to the company as a constructive partnership, members of the government again chose to make a public statement on a fictitious issue. The public should be aware that the government has not even attempted to work with our company to find out or verify the facts about our employees, in return for making another false public statement about the so-called August 6th. If the government was really interested in the well-being of our employees and the business that ensures the well-being of our employees, At that time, they did not spend 40 million GEL on legal services in order to terminate our contract through international arbitration against us in 2018, which ended in the failure of the government. The question arises, why did they decide to spend this huge amount of money to kill private American investment, when they knew that their success would create massive unemployment and economic downturn in Tbilisi and Kakheti? While the government is digging up the issue of workers with empty generous public statements, we should know that the government has been deliberately using the international court as a weapon for the last two years. The only reason for this is to damage our business and our employees, forcing us to leave Georgia. Eventually, their corrupt attempt failed. However, I wonder who is responsible for the misuse of such valuable state funding in the conditions of Georgia's ruined economy? Just a two-year expensive legal dispute did not turn out to be enough for those who ordered it. At the same time, the government has created regulatory resistance to increase pressure, blocking crude oil exports and hindering the sale of extracted natural gas. In addition, we do not repay VAT debt, which exceeds 20 million GEL. Is this the action of a government that is interested in encouraging private American investment and long-term employment of the people? Last week marked the 12th anniversary of Russia's invasion of Georgia. On August 8, 2008, when Russia was invading Georgia, Frontera began investing $ 20 million in the Sagarejo district. In the drilling of new wells and the construction of natural gas infrastructure. Despite the terrible situation, we continued our work with local and foreign staff. The area around our operations was even bombed in Kakheti, however, we did not stop working amid great support from the government. We felt a great obligation towards Georgia and we believed then and still believe th
1200 GEL is equivalent to £300
Not a lot, but goes a fair way over there compared to the UK.
final bit:
For information, on August 6, the Minister of Economy and Sustainable Development, Natia Turnava, said that the government had decided to provide a one-time assistance of 1200 GEL to the former employees of Frontera. The Minister of Economy called on Frontera to pay the wage arrears to the former employees.
contd:
We felt a great obligation towards Georgia and we believed then and still believe that as a loyal corporate citizen we will play our role in the country's economy even during the great national hardship. After the end of the war, we happily participated in the IDP and Rehabilitation Assistance Philanthropy. We are proud of this story. Then, we could not even imagine that in the 12 years since the Russian invasion we would have seen the government, Which drove the country away from a very strong pro-American and pro-democratic policy. Instead, unfortunately, the government evolved disguised into the current kleptocratic oligarchy. International observers know that our similar business experience is a real-time indicator of what is actually happening in a country’s geopolitical and economic landscape. In this context, it is clear from our experience that while the Georgian government is constantly seeking Western attention and foreign aid due to Russia's occupation of its territories, it is silently embracing the values ??that the 2008 Russian invasion should have inherited. This is a very dangerous masquerade. The goal of the 2008 Russian invasion was largely achieved. As we see today, the Georgian government is succeeding in To significantly destroy the free enterprises of the Western private sector. For example, our business and the prospect of Georgia's energy independence related to it have been damaged and halted by the government, which was prevented by the Russian military invasion 12 years ago. We could not have imagined that after this horrific war, we would find ourselves in an environment where democratic reforms are opposed, and Russian, Iranian, and Chinese private sector investments are more welcomed by the government than by the Americans. As the largest US private sector investor in Georgia, we have met with the Prime Minister and his government many times over the past year to try to restore the positive spirit of the US / Georgia partnership. Unfortunately, all these appeals were ignored or we were rejected in response. However, as we saw in the last week of July, the pro-American masquerade continues, with other priorities. The president, prime minister and his government found more time to meet with Iranian officials to discuss normalization of relations and economic development issues. We once again appeal to the Prime Minister and his government to stop this deliberate, deceptive, damaging and insincere propaganda campaign. Instead, we encourage you to reach out to people sincerely and work directly and in good faith with our company to pave the way for a true partnership. We believe that we can set a positive example for American private sector investment in Georgia. We respectfully urge the Government to remain committed to the decision of the Arbitral Tribunal, to respect the terms of the contract,
For information, on August 6, the Minister of Economy and Sustainable Development, Natia Turnava, said that the g
Thanks DomFok - I found that one as well but its formatting is terrible - it comes out as one big block of text. Hopefully the original and easier to read version will pop up soon. Hopefully you will be getting more interview alerts soon as well.
Thanks DomFok. Here you go:
The Government of Georgia has continued the disinformation campaign against our company, - the company "Frontera" said in a statement . The company is responding to the government providing one-time assistance to former Frontera employees.
"Last week, on August 6, the Georgian government continued its disinformation campaign against our company. Suddenly announcing through the media that it had decided to provide a small amount of one-time assistance to people it referred to as "former employees" instead of having a direct connection to the company as a constructive partnership, members of the government again chose to make a public statement on a fictitious issue. The public should be aware that the government has not even attempted to work with our company to find out or verify the facts about our employees, in return for making another false public statement about the so-called August 6th. If the government was really interested in the well-being of our employees and the business that ensures the well-being of our employees, At that time, they did not spend 40 million GEL on legal services in order to terminate our contract through international arbitration against us in 2018, which ended in the failure of the government. The question arises, why did they decide to spend this huge amount of money to kill private American investment, when they knew that their success would create massive unemployment and economic downturn in Tbilisi and Kakheti? While the government is digging up the issue of workers with empty generous public statements, we should know that the government has been deliberately using the international court as a weapon for the last two years. The only reason for this is to damage our business and our employees, forcing us to leave Georgia. Eventually, their corrupt attempt failed. However, I wonder who is responsible for the misuse of such valuable state funding in the conditions of Georgia's ruined economy? Just a two-year expensive legal dispute did not turn out to be enough for those who ordered it. At the same time, the government has created regulatory resistance to increase pressure, blocking crude oil exports and hindering the sale of extracted natural gas. In addition, we do not repay VAT debt, which exceeds 20 million GEL. Is this the action of a government that is interested in encouraging private American investment and long-term employment of the people? Last week marked the 12th anniversary of Russia's invasion of Georgia. On August 8, 2008, when Russia was invading Georgia, Frontera began investing $ 20 million in the Sagarejo district. In the drilling of new wells and the construction of natural gas infrastructure. Despite the terrible situation, we continued our work with local and foreign staff. The area around our operations was even bombed in Kakheti, however, we did not stop working amid great support from the government. We felt a great obligation towards Georgia and we be
This article / clip (but no Zaza) has, like article Blownitalready posted shows the FRR press statement and you can read it if you pause the videos - but I can't find any copy of the actual press release. IF anyone can find that would be great.
https://mtavari.tv/news/12962-mtavroba-kvlav-shetitkhnili-braldebebis-gzas
no translation was needed ?
I only put the link in for other people
Blownitalready - please put "translation needed" in the subject title when you put up a video for translation. It will help save time as I don't automatically check every link, thanks.
This short interview will be translation #28
Blownitalready - please help by putting "translation needed" in the message title if there is a video to translate. It will help make sure translations aren't missed as I don't check every link, thanks.
This short video will be translation #28
Frontera accuses the Georgian government of misinformation and anti-American behavior.
The American company said in a statement that the Georgian government had announced in the media that it was providing one-time financial assistance to the company's "former employees", which, according to Frontera , was intended to record pre-election points.
Frontera explains that the government prefers communication with the media instead of direct cooperation with the American company. The letter also mentions the August 2008 war and the investments made during that period .
This statement was made by " Frontera" in response to the Minister of Economy on August 6. Natia Turnava said that she would help the unemployed citizens. According to Frontera itself, this statement also referred to the employees of the American company.
Following the announcement of the harshest criticism and sanctions from Washington, the Georgian government has extended the license of the American " Frontera" until 2027. The contract expired on July 27.
On July 23, it became known that the government will not cancel the contract of the American fuel company "Frontera Resources Georgia Corporation " . The Ministry of Economy noted that the decision was made to maintain the international reputation of the investment environment for the country.
https://formulanews.ge/News/34932