Kalistan

National news threads that host the key national news outlets for each of the game’s countries.

Re: Kalistani Republic

Postby Luis1p » Tue Aug 14, 2018 2:44 am

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Re: Kalistani Republic

Postby Doc » Tue Aug 14, 2018 5:41 am

reprinted from
IZQUIERDA- The Voice of the Kalistani Left

Is the War of Words Back On?
President's words raise the Ire of Louernne's Queen

Kaliburg, Ananto
December 12, 4437


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President Al-Khali is interviewed by IZQUIERDA ahead of the elections

President of the Republic Abdulaziz Al-Khali, never one to leave a disrespectful word unresponded to, gave an interview to IZQUIERDA this month to answer the Head of State of Lourenne. The President sat down with reporter Samantha Bonsal to discuss the recent comments of the Queen.

A(bdulaziz) A(l-Khali): Maybe she wants to be the Queen of Kalistan too, I don't know... I don't think I'd vote for her, seeing how she's a monarchist and all, but...

(IZQUIERDA's) S(amantha) B(onsal): Ahem... Comrade President, we're about to begin.

AA: Alright.

SB: And 3, 2, ... Hello Comrades. I am here today with President of the Republic, Abdulaziz Al-Khali. Welcome Comrade.

AA: Thank you, Comrade. It's a pleasure as always.

SB: You've had some pretty choice words for the Northern Council recently. You've re-established that they are a "Death Cult". You've reaffirmed that they are imperialistic and expansionistic, and you've accurately described their penchant for antagonism of the world. And yet we see countries in the Thrall of the Northern Alliance's hypnotism come to their defense again and again. Dorvik for example...

AA: Yeah, well, of course, them and others. They justify their so-called peaceful nature by holding a 21 country military joint training exercise in the Mad Dog Ocean. I mean, I can't even begin to tell you how many Kalistani ships have been, to date inconvenienced by their ridiculously vainglorious displays of pugilistic nihilism.

SB: So, they have raised the matter of a possible alliance with Vanuku as invalidating the Non-Aligned Movement.

AA: Yes, they have said so. But that is their word, not mine.

SB: Which word?

AA: Alliance. We don't have an alliance with Vanuku. Even if they were to base their ships at the Bozo River, we would be strictly hosting them. That's the same deal we offered Lourenne, by the way. They would be covered by a SOFA agreement just like any country that used our facilities. Does it mean we are joining an alliance? I think not. Does it means if we finally have peace with Lourenne, which Kalistan still wants despite their Queen lipping off about Kalistan yet again, does that mean that we invalidate the Non-Aligned Movement Treaty? Anyone who bothers to read the Treaty will see it doesn't mean we don't have alliances. It means we don't JOIN alliances. Bilateral agreements for cooperation are explicitly excluded from from consideration under the Treaty. So we can work with Lourenne and still explicitly oppose the Northern Council. We can work with Vanuku and not be a part of the MUN alliance. Our training with Lodamun falls under a centuries old cooperation agreement between our two nations. I think the talking points of the Northern Council are a bit off, and betray a lack of literacy on the part of those who are offering comment.

SB: What would Vanuku coming back to Kalistan even look like?

AA: I don't know. They haven't come back. It's difficult to say.

SB: The Northern Council has stated that if Kalistan talks with Vanuku, they won't let Lourenne make peace with Kalistan. How does this bode for the current peace talks?

AA: I don't know. I mean, we're going to do everything we can to keep the talks going. But you know, when I read the Lourennaise Paper the other day, it looks like the NC high command got to the Queen and made her say that stuff. Lourenne knows that it has far more in common with Kalistan than it does with the imperialists in Kazulia and Hutori. That fact and that fact alone is what brought them to Kaliburg in the first place. Confidentially, I'm sure Lourenne saw peace with Kalistan as a way to begin breaking free of that thuggish extortion racket. We were glad to help: Anything to undermine the NC. And Kalistan needs friends in the neighborhood now that Sekowo has gone dark. Its a mutual benefit thing, you know. So the Queen says these things to please her imperialist friends. It probably shouldn't make any difference in the talks, unless of course, Kazulia and Hutori dictate foreign policy for Lourenne. I don't think this is the case. I believe the Queen will do what is right for Lourenne and for our region, even if it is wrong for the Northern Council.

SB: So, why Vanuku?

AA: Why not Vanuku?

SB: Well, Kalistan is on record as being the first country to respond to Vanukean use of nuclear weaponry.

AA: Yeah, well, that was a generation ago. And besides: We're in tit for tat mode with the NC, and Vanuku has always looked for opportunities to balance them. Bennots is their Queen's Husband, so there's another reason. They've sold us weapons in the past, and might be willing to do so again, so there's another reason. They still have sizeable investments in Kalistan, so there's another reason. But most importantly, and I don't pretend to understand it, but the mere word "Vanuku" seems to give them apoplexy. You saw how quick the response was, from both Dorvik and Lourenne, a country who didn't even acknowledge that Kalistan was on the map two months ago and a country who is trying to conclude peace with us now. "You better not," or "If you do, you're a hypocrite" was their response: Nothing new, of course, and we're used to it. I don't know. It seems like we just have to say the word and they freak.

SB: What of this charge of hypocrisy?

AA: We don't care. Our rule is, we follow the policy which is good for Kalistan. So its not hypocrisy to object to military exercises which are aimed at sending every nation of the world a message, which is "Don't mess with the Northern Council." We conduct military drills with Lodamun, and so what? They're good for Kalistan. Northern Council drills are not. No hypocrisy there. When Kazulia tests a new missile, that is bad for Kalistan. When Kalistan buys a weapons system and tests it, see, that's good for Kalistan. The ethic of Kalistan in foreign policy is to do what is in Kalistan's interest and strengthens Kalistani sovereignty and to look to Kalistan's interest before all others. We are, I don't regret to say, a nationalist country. It would be hypocritical therefore, for us to NOT conduct military exercises.

I'll say this, and I hope my friends who have for one reason or another tied themselves to the Northern Council juggernaut can hear this, but we will work with ANYONE who will allow us to improve our position, but we owe no debts to anyone, nor do we take orders from anyone. If you want to treat with us, then treat with us, but if anyone thinks that Kalistan will bow to any nation or any alliance or any regime that it is not in our interest to do so, they will be sadly mistaken. This is the one thing our friends in Lourenne should understand. We are happy to make peace with them, but we do so for Kalistan's benefit. If they can understand this, they will never have a reason to fear us or to doubt our sincerity. And there will be no impediment, of Kalistan's making whatsoever, that will give them reason to not trust us or work with us, or benefit from their relationship with us. Northern Council be damned, Kalistan is an independent country, and we will not bow though a hundred new missile systems from Kazulia be invented and aimed at Kaliburg.

SB: Those are mighty strong words, Comrade.

AA: The history of the people of Kalistan is one of overcoming domination. Ananto has been destroyed by Indrala and we've rebuilt and have become better. We've had civil wars with fascists, and Kalistan has stood strong. A neo-liberal collective security organization like the Northern Council is, well, they got cracks somewhere, and sometimes it takes a little country who isn't afraid of them to get in there. Just like water gets into rocks and freezes and destroys the rock. You know. Its an appropriate metaphor.

SB: Thank you, Comrade President. That's what we have time for today. If anything changes, of course, we will be back.

AA: I'm sure you will. IZQUIERDA is a good magazine, and I'm always down to talk to you all.
Last edited by Doc on Wed Aug 15, 2018 10:41 pm, edited 1 time in total.
Primary: Institutionalist Party of Kalistan (IPoK), 5146-

Inactive:
Socialist Party of Kalistan (SPoK), 2591-
Hizb Al'Sultan حزب السلطان 4543-4551
Parti des Frères Lourenne, 4109-4132
Gaduri Brethrenist Movement (MHdG), 4481-4485
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Re: Kalistani Republic

Postby Doc » Tue Aug 14, 2018 1:07 pm

News Brief
Hashimoto flies to Weil
Follows up on President's promise

Kaliburg, Ananto
February 21, 4439


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Abe Hashimoto, venerable Foreign Minister of Kalistan, returns to international diplomacy

Following President Al-Khali's lead, Foreign Minister Abe Hashimoto boarded a special flight from Kaliburg to Weil, Vanuku. He has reportedly been invited by the Queen of Vanuku to discuss recent tensions with the Northern Council.

The Minister didn't offer much in the way of topics or comment on the flight, but he did say: "Well, it is always quite interesting how saber rattling makes strange bedfellows. I'm sure the talks will be mutually beneficial, and will serve the interests of two sovereign and independent countries."

The Minister is expected to remain in Vanuku for several weeks. His deputy, Gina Rivera will take his place at talks with Lourenne.
Last edited by Doc on Wed Aug 15, 2018 10:41 pm, edited 1 time in total.
Primary: Institutionalist Party of Kalistan (IPoK), 5146-

Inactive:
Socialist Party of Kalistan (SPoK), 2591-
Hizb Al'Sultan حزب السلطان 4543-4551
Parti des Frères Lourenne, 4109-4132
Gaduri Brethrenist Movement (MHdG), 4481-4485
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Re: Kalistani Republic

Postby Doc » Wed Aug 15, 2018 1:05 am

President Al-Khali Assassinated
Assailant is killed by Security

Kaliburg, Ananto
May 12, 4439


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President Al-Khali spoke to crowd minutes before his death

As he was finishing a speech in front of the National Assembly, President Abdulaziz Al-Khali was assassinated by a single bullet fired from a pistol at close range. The murderer, who was shot to death on the scene was Vrassan, Edward Fitzsimmons. Fitzsommons was an avowed Right-wing Libertarian, and an outspoken critic of the President in Vrassan Politics. State security agents immediately took Fitzsimmons' immediate family and neighbors, as well as close associates from his political work and social media into custody, to obtain depositions with regard to whether thy knew of his planning. All have been released, and the Vrassan police have developed a picture of the motive for the assassination.

Fitzsimmons was upset by Al-Khali's move to deny political Parties the right to participate in legislation. Friends and family corroborated the fact that following the election and the terrible showing of the RLU, whom Fitzsimmons claimed, he became convinced that Al-Khali would never leave office through legitimate means. Nobody apparently had any idea that Fitzsimmons had decided to assassinate the President, but all noted that he was increasingly agitated over the months since the recent election, and had been saying over and over again how someone "ought to take that b--ch out..." The President's speech Tuesday Night served a perfect opportunity. Fitzsimmons waited through the speech, listening to the speech. His girlfriend, who was with him at the Speech and warned him that he shouldn't try anything stupid, noticed how agitated he was getting. When a small segment of the crowd booed the President following the speech, which was on Kalistan's progress with Lourenne and Vanuku, Fitzsimmons joined the booing. Following the speech, and leaving his girlfriend behind, who promptly went to find the policy, Fitzsimmons approached the President, and as Al-Khali went to shake his hand, Fitzsimmons produced his weapon and shot the President three times in the head.

The President died instantly, and in the ensuing panic, Fitzsimmons was tackled to the ground by Eddie Volstead, one of Al-Khali's security detail. Fitzsimmons discharged his firearm into Volstead, shattering his pelvis and barely missing his kidney. Volstead released Fitzsimmons who stood to run, but before he was able to get clear of the scene, John Berkowitz, another of the President's security detail, shot Fitzsimmons down. Volstead and the President were immediately attended by doctors in the crowd, but Al-Khali was pronounced dead at 8:52 PM, and Volstead was taken to Kaliburg Central and remains in Intensive care.

President Abdulaziz Al-Khali was 46 years old. Al-Khali is survived by his wife, Eleanor, and his son Tariq. The President will lie in State in the National Assembly Portico for one day, and then, according to his wishes, he will be buried in Suldanor.
Last edited by Doc on Wed Aug 15, 2018 10:44 pm, edited 1 time in total.
Primary: Institutionalist Party of Kalistan (IPoK), 5146-

Inactive:
Socialist Party of Kalistan (SPoK), 2591-
Hizb Al'Sultan حزب السلطان 4543-4551
Parti des Frères Lourenne, 4109-4132
Gaduri Brethrenist Movement (MHdG), 4481-4485
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Re: Kalistani Republic

Postby Doc » Wed Aug 15, 2018 4:08 am

Millions turn out for Funeral of Slain President
Kalistani Economy takes a Nosedive on uncertainty over successor

Kaliburg, Ananto
May 14, 4439


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Crowds filled the Capital for Al-Khali Funeral

More than 3 million Kalistani's flooded into Kaliburg as the assassinated President of the Republic, Abdulaziz Al-Khali, was carried from the National Assembly, where he has lain in state for the past day, to Kaliburg International Airport, where his body was placed onto a plane and flown to Sulari for his final burial this morning. The main streets of the Capital City had been closed off to traffic, and capital police needed to enlist the assistance of the RSMoK to help keep crowds from spilling out into nearby streets.

The motorcade which carried the President's body crept along down Republican Avenue, and regular Kalistanis got to say their good byes to the controversial, but adored figure.

"Well, I mean, I don't like some of the stuff he did, but standing up to the NC was something I and my entire family supported, and so we would have supported him as President till the cows came home," said 83 year old Anantan Mildred Greene. "I know Rightists who had a hard time voting for the Right, because Al-Khali was so popular in Kalistan."

Most of the people interviewed echoed the same sentiments. In an informal poll taken by The Republic, 92% of respondents said they liked that Al-Khali never backed down toward the Northern Council. Most responses sounded like this one from 23 year old Mother of 2, Deeanne Fossey. "He made Kalistan strong, and he did it with integrity. Yeah, his language was rough. But he was a rapper, you sort of expect it. But I loved reading all the reprints from foreign papers that The Republic does all the time. Al-Khali said something that we all are thinking, and all these rich and powerful nations trip all over themselves to threaten us and do war games and stuff. I mean: think about it. Kalistan feels like a world power, even if other countries have bigger militaries. People take us seriously. Some people want to help us, some people want to hurt us, but nobody ignores us, and that feels good. It... felt good, anyway."

The hesitation and uncertainty at the end of Fossey's statement the general sentiment early today, and became pessimism now that Al-Khali is buried. Uncertainty is on Kalistani investors' minds, and it is being reflected in the price of stocks. The Private Sector Big 100, which is an index of the 100 best performing stocks in Kalistan's Private Sector, as measured in foreign Markets, took a dive, losing 22% in the last three days. Public sector stocks which are a bit more insulated from irrational market panics, nonetheless were also trading down, as nervous investors began to be concerned about who will take Al-Khali's place.

One trader, who holds a widely diversified portfolio of both Kalistani stocks and foreign stocks, and who spoke on the condition of anonymity, said "Uff. My domestic stocks are taking a beating. But I mean, of course I'll sell. I've watched futures all night and they point to a bloodbath today. I'm not going to be the one left holding the bag. And who knows who the Party will put in there to run the country? Their bench ain't too deep right now, having been wiped out by that stupid Clerical Election, and nobody is sure if the next person will continue Kalistani prosperity, or if they will take a different tack. Its just hard to say, and I think it is going to be a VERY difficult year for the Kalistani Economy."

We reached out to Dr. Stephanie Morrison for comment: "Uncertainty is poison for economic prosperity. This is why Kalistan's economy has had such a prolonged streak of success: The Government is able to ensure stability and force strong market principles, despite the best efforts of the Private Sector to set prices and wages to the benefit of the owners and investors. But with Al-Khali's assassination, the Government, which is the main break on speculation, is caught off guard and unprepared, and Kalistani investors see this, perhaps better than anyone else in this world.

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Premier of the Republic Maria Reina-Rodriguez is acclaimed Interim President of the Republic pending elections; Hashimoto is named Interim Premier

The Premier of the Republic was immediately named to replace Al-Khali on an interim basis by the National Assembly, and then spoke to the Deputies in an effort to allay fears. "We are waiting for the last of the non-voting members of the various defunct political Parties to drop off the rolls before we are able to call for new elections and put in a new government. Meanwhile, I will be naming Abraham Hashimoto, who is currently representing Kalistan in Vanuku, as the Acting Premier. Hashimoto is a seasoned diplomat, and has served in this capacity in the past. Other Ministers of the Government are expected to report to and take direction from Hashimoto, as a request from the President. Additionally, if our stock indicies fall too far, we will ask the Finance Minister to suspend all trading of public stock until the crisis has passed."

The Finance Minister, Julie Westin, for her Part, has ordered The Republican National Bank to be prepared, on a moment's notice to suspend withdrawals, if withdrawals begin to exceed 125% of their average daily net. "A temporary halt in withdrawals may be necessary," Westin said early this afternoon, "As we don't want to touch the foundations of the Kalistani Economy while people are panicking. The fundamentals of the Dual Economy will remain sound, regardless of what the out-of-control investor in unreasonable berserk mode thinks should happen."

Early and decisive action on the part of Westin appears to have staved off panic around the Monetary system in Kalistan. "A stable Ruble will do wonders for Kalistan as it recovers from the financial panic which appears to be brewing in Kalistan," Morrison said. "The Bank has been remarkably resilient and stable, growing at an average annual rate of .7% since its chartering nearly 30 years ago. A crisis at the Bank would certainly signal that an earthquake is happening elsewhere in Kalistan's economy, but we don't see that on the horizon."

Westin confirmed that withdrawals have been higher than usual throughout the day, but insists there is nothing too far out of ordinary. "Yes, we have seen a higher volume going out of the Bank than we are used to, but we are still well above our 125% mark. Due to our sizeable surpluses, we have more than enough cushion to weather out all storms coming our way from any normal economic downturn, which are admittedly quite rare in Kalistan."

Only time will tell how deep the economy in Kalistan will plumb, and what longlasting effects it will have on Kalistan and surrounding nations are unknown. And it is the far of the unknown which have set Kalistani investors to selling. We will report the looming crisis as it unfolds.
Last edited by Doc on Wed Aug 15, 2018 10:47 pm, edited 1 time in total.
Primary: Institutionalist Party of Kalistan (IPoK), 5146-

Inactive:
Socialist Party of Kalistan (SPoK), 2591-
Hizb Al'Sultan حزب السلطان 4543-4551
Parti des Frères Lourenne, 4109-4132
Gaduri Brethrenist Movement (MHdG), 4481-4485
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Re: Kalistani Republic

Postby Doc » Wed Aug 15, 2018 12:39 pm

News Brief
Kalistani Economy falls off a cliff
Investors take a bath, Government considers raising taxes

Kaliburg, Ananto
August 15, 4439


The Government of Kalistan announced that withdrawals from the Republican National Bank have been suspended today, suggesting that the Ruble is joining the long list of economic woes to hit the Republic. The panic which set in for Kalistani stocks following the death of Al-Khali has now spread to the currency, and a currency crisis is most assuredly on the horizon.

Kalistani National Industries stocks have fallen more than 60% since May, and the many sectors in the Private sphere have lost significantly more. Many businesses throughout the Republic are experiencing slowdowns and laying people off, which puts an additional strain on the social spending system. All of this has wiped out almost 5 years of reserves stored at the bank, and has brought liquidity in the Monetary system to virtually nothing. The Finance Minister therefore decided to suspend withdrawals to protect the ability of the Republic to continue to function properly.

A suspension of withdrawal means that currency supply in the society will be frozen and investors will lose confidence in the Bank, specifically in pulling their investments from the bank. The Finance Minister has outlined a series of policies that are aimed at staving off a monetary crisis in Kalistan, including soaking up excess elasticity in the monetary market through an increase in taxes for the upper classes, as well as limited divestment in some of the National Industries. Additionally, Hashimoto will be promoting FDI abroad, as he scrambles to find new investors from other countries.

In other news, Interim President Reina has called for new elections to fill the seats in the National Assembly. She has announced her intention to name Hashimoto as the New Premier.
Primary: Institutionalist Party of Kalistan (IPoK), 5146-

Inactive:
Socialist Party of Kalistan (SPoK), 2591-
Hizb Al'Sultan حزب السلطان 4543-4551
Parti des Frères Lourenne, 4109-4132
Gaduri Brethrenist Movement (MHdG), 4481-4485
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Re: Kalistani Republic

Postby Doc » Wed Aug 15, 2018 11:10 pm

Kalistani Enters Recession; Monetary Crisis hits 3rd month
Shockwaves begin to be felt around Seleya

Kaliburg, Ananto
November 20, 4439


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Millions of Kalistanis seek direct pay under Industry and Commerce programs designed to help unemployed people survive

Kalistan has seen negative economic growth now for half a year, officially putting Kalistan into a Great Recession. The Government has worked overtime, being granted extralegislative powers to attempt to deal with the crisis causes by a general loss of confidence in the Kalistani economy, and the ensuing monetary crisis which followed on the heels of the shuttering of the Banks last August.

Currency has become scarce and a deflationary spiral has set in, whereby hard currency is at a premium in the society and few have work. The increased value of Kalistani currency has caused prices to drop on domestic made goods, which has further exacerbated the crisis for Kalistani producers, who have now laid off more than 20 million Kalistani Laborers. As workers are laid off, tax revenues decrease, and the government is less able to fund poor relief programs.

"We are keeping the lights on with what we are currently bringing in," Finance Minister Julie Westin said. "But that isn't much. A lot of our money now goes out just to pay for the minimum requirements of our social system. We keep the hospitals open, but we triage. A lot of folks with scrapes and cuts are often sent directly to the pharmacy for OTC care rather than being seen by a doctor. ODEN has been helping maintain our agriculture programs, because they benefit from them as well, but the NSP has ground to a halt, as there simply is no more money right now for new projects. It's a real mess."

Hoping that Kalistan's economy has finally hit rock bottom, the Government is weighing raising taxes. Minister Westin said: "People are hording cash, so we have to pull that out of the economy and start buying imported goods. But as long as they are sleeping on the money, it will be difficult to even get a lot of consumer goods into the market, because to be honest with you, many of the companies that made consumer goods last November don't exist anymore this November."

The currency crisis has gotten so bad that desperate Districts have been temporarily authorized to issue District scrip that will serve as currency until the Kalistani Republican Bank reopens. "We have authorized each District to print and circulate something on the order of 200 Billion Rubles worth of scrip to circulate until the Bank reopens. This is about 6 months worth of currency, if used sparingly, and should give us enough time to get our reserves built up, so that we can reopen the bank on sound footing. Nothing would be worse than reopening the bank prematurely." The Republican Government expressly forbade the private speculation in this District Scrip, but of course, that did not stop greedy public actors from attempting to completely undermine the value of the new Scrip by short selling the currency and raising prices in the Market for goods and services paid for by the Scrip.

"This crisis in Kalistan may spread beyond our borders," Westin said, "But we are doing our damnedest to keep it contained to Kalistan. Fingers crossed, the financial downturn caused by the loss of our Premier doesn't infect other countries in Seleya."

The Kalistani Indicies are still down, but the rate of decline over the previous six month has slowed, and Kalistani stocks are almost flat, dropping just .34% on the week.
Primary: Institutionalist Party of Kalistan (IPoK), 5146-

Inactive:
Socialist Party of Kalistan (SPoK), 2591-
Hizb Al'Sultan حزب السلطان 4543-4551
Parti des Frères Lourenne, 4109-4132
Gaduri Brethrenist Movement (MHdG), 4481-4485
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Re: Kalistani Republic

Postby Doc » Thu Aug 16, 2018 4:00 am

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"Tax Lag" shocks Kalistani Economy once more
Leading Economists call Government "Inept"

Kaliburg, Ananto
December 7, 4439


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Premier Hashimoto, Governing from Weil Vanuku, issues support for tax and spending bills

Just when Kalistan thought they had hit the bottom of the trench, a new shock to the system shattered whatever confidence Investors had in the new Government. The Premier, who is currently discussing an aid and investment package in Vanuku to attempt to shore up the Kalistani economy, issued support for the Finance Minister's proposals on taxing and spending back in Kalistan.

What the new Government didn't know was that spending bills pass long before tax bills pass. There is an 8 month lag between spending outlays and new Tax revenue generation. This means that while the Government has approved a dramatic increase in spending, to the tune of 700 billion new Rubles, they will have to put a hold on the outlays until the money begins to be collected sometime next August.

The President was reportedly furious with Hashimoto and Finance Minister Westin. Sources close to Reina-Rodriguez spoke on the condition of anonymity, and informed The Republic that the President railed against the stupid procedural rules in the Assembly. "The President was livid when the Speaker of the Assembly informed her that due to a procedural matter, the spending bill passed immediately, but the revenue bill must remain on the floor for the entire 9 month. 'Why', the President demanded, 'is that stupid rule in place?' The Speaker of the Assembly informed her that these were the rules. And she went off. I've never seen the President so agitated. She's doing whatever she can to get this economy standing back up, and now we will have to wait for three quarters of a year to collect taxes."

To fill the gap, the President has authorized district governments to create a new series of 200 billion rubles worth of Scrip to hold out for another half a year, while Kalistan's revenue collection begins firing up. In addition, District Governments and Ministries are freed to begin ad hoc planning for depression-relief programs and job programs to at least put the tens of millions of Kalistani citizens who are out of work currently to work somehow, and get them earning money. Finally, the Finance Minister has permitted the payment of all taxes using district Scrip in lieu of Kalistani Rubles, with the aim of the Republic honoring the debts at the end of the crisis. The aim of the proclamation is to cut down on speculation in the District Scrip market, which the Finance Ministry agrees has the potential to get out of control in the short term.

"I don't want speculators going around," said Finance Minister Westin, "and talking people out of their life savings for cents on the Ruble. The Republic will honor the face value of the Scrip when the monetary crisis ends, and in the meantime, all District Scrip is legal tender for the payment of all debts within Districts, and any business caught either refusing the Scrip or raising prices on people who attempt to pay with the Scrip will be shuttered. I don't care what the reason is. This Scrip will be redeemed on a one for one basis when the Banks reopen."

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Professor David Bianche of Vrassan District University lectures the Government

Liberal economists in Kalistan, who have long been a source of gloom and doom with regard to the Kalistani Economy, and as of late were behind such libertarian efforts as the RLU in Kalistan, called the Government's efforts to get control of the monetary and financial crisis "inept." Professor David Bianche, who is one of the Nation's leading Rightwing pro-Market economists stated, "Well, yes, of course, we told them that there was no possible way they could have such a social safety system and low taxes in Kalistan. And now look at them- like a worm on a hook. Of course, my colleagues and I have written an open letter to the Finance Minister, to inform her about the proper way to run an economy, but we got no response. The solution is to cut all social spending [emphasis was Bianche's], and lower taxes to a flat rate of 3% across the board. Economic models prove, beyond a shadow of a doubt that this country will not only easily be able to manage with a MUCH smaller government, but people will be much freer, not having to accept the ignominy of a Government handout in the form of a UBI, which is akin to slavery and extortion of the making class for the benefit of the dozens of millions of leeches in this country. The market will produce the winners and losers, thank you very much."

Finance Minister Westin brushed this sort of talk aside. "Whatever Bianche and his friends say, what we need to do is reopen that banks. This will be the priority of the Government over the next year. Once the banks are re-opened, we can rebuild the trust and faith in the Kalistani economy, and begin to rebuild from this rubble. I know there are likely some dark days ahead of us still, but once we get this right, we will be able to put our foot on the correct course, and will rebuild stronger than ever."
Primary: Institutionalist Party of Kalistan (IPoK), 5146-

Inactive:
Socialist Party of Kalistan (SPoK), 2591-
Hizb Al'Sultan حزب السلطان 4543-4551
Parti des Frères Lourenne, 4109-4132
Gaduri Brethrenist Movement (MHdG), 4481-4485
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Re: Kalistani Republic

Postby Occam » Thu Aug 16, 2018 6:41 am

Reprinted from the Telamon Morning Post

Telamon to Invest In Kalistan
December 4439

Earlier today journalists were dumbstruck when the Telamon government announced plans for massive investments in Kalistan's floundering economy. Despite having no formal relationship with Kalistan outside the Organisation of Drug Exporting Nations (ODEN) the government pledged to help Kalistani efforts to stabilize its economy. Forsætisráðherra Christine Leonhardsdottir announced a five-pronged effort. Telamon's government is about to make a substantial investment in Kalistan's currency, as well as offering the Kalistani government a sizeable loan without interest. Furthermore the Telamonese government will guarantee for loans to Kalistan by private banks in Telamon. Additionally investments in Kalistan will be one hundred percent tax-deductible for Telamonese investors for a period of five years. Finally, all state-owned drug producers -- which are responsible for roughly two thirds of drug production in Telamon -- have been instructed to reduce their exports of drugs also exported by Kalistan by fifty percent for five years.
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Re: Kalistani Republic

Postby Doc » Thu Aug 16, 2018 12:24 pm

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Kalistani and Telemonese investors open Small Businesses in Suldanor
Signs of life in retail as KALNAMOCO is Divested

Yoshimi, Suldanor
February 1, 4440


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Kal-Tel joint venture Greene's Grocers to open in fifteen locations in Suldanor

There are some signs of life as FDI from Telamon begins arriving. The joint-venture firm, called Greene's Grocers, is a chain of Suldanese groceries which focus on selling healthy whole foods and nutritional supplements, including Telamonese and Kalistani therapeutic vitamins and supplements which are not covered by ODEN. The venture will be 49.99% owned by a Telamonese Investment firm, and all Telemonese direct Investments have been guaranteed against catastrophic loss by the Kalistani Government. Greene's Grocers will open 15 stores in Suldanor in 4440, and will employ more than 1750 workers.

In other news, the Kalistani Trade Minister has authorized the divestment of KALNAMOCO, and the national Motor Company will be put up for sale to public investors, including foreign Investors. The goal of the Government is to offload the National Motor Company to help free up some liquidity in the Ruble, and to keep the more than 37,000 workers of KALNAMOCO employed. The Divestment will hopefully begin by June, and the Kalistani Government will consider all offers that comply with the Kalistani Majority share requirements of the Law.
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