A Quote by Vladimir Putin
We are actively preparing a partial privatization of Rosneft itself. It is the best proof that our major plans have remained unchanged. Another example would be one of the largest Russian diamond mining companies in the world. We are privatizing part of our stake in that as well.
Related Quotes
Then there is another area of activity - economic interaction between Russia and the United States. Right now, for example, it has already been made public that we signed a large deal to privatise one of our biggest oil and gas companies, Rosneft. We know for sure that US companies, as well as Japanese ones, by the way, are keenly interested in cooperation in Russia's oil and gas sector, in joint work. This has immense significance for world energy markets and will directly affect the whole world economy.
We have always said that over the medium and long term, we will disinvest some part of our holding in our major subsidiary companies, and life insurance is our largest subsidiary company.
Speaking about our largest oil company Rosneft, and I recalled in the beginning that almost 20 percent of it [19.7] belongs to BP. Who's company is that? British Petroleum, isn't it? I suppose that is not bad. I have to tell that British Petroleum's capitalization is significantly related to the fact that it owns more than 19 percent of Rosneft, which has vast oil reserves both in Russia and abroad. This has its impact on the company's stability as well.
We must create the conditions for immigrants to normally integrate into our society, learn Russian and, of course, respect our culture and traditions and abide by Russian law. In this regard, I believe that the decision to make learning the Russian language compulsory and administer exams is well grounded. To do so, we will need to carry out major organisational work and introduce corresponding legislative amendments.
Another point is that ultimately, as far as the budget is concerned, of major importance is who offers more money during the bidding that must be organized as a part of the privatization process. In this sense, we cannot discriminate against any market participants, not one of them, but this is not relevant at the moment, as the Government has decided to postpone the privatization of Bashneft.
Our trend in the privatization process and gradual withdrawal of the state from certain assets remains unchanged.
However, given the fact that the State has a controlling stake in the company [Rosneft], it might not be the best course of action when one company under State control buys another one fully owned by the State. This is one point.
We all have a large stake in preserving our democracy, but I maintain that those without power in our society, the black, the brown, the poor of all colors, have the largest stake not because we have the most to lose, but because we have worked the hardest, and given the most, for what we have achieved.
Strictly speaking, Rosneft is not a company. Let us not forget that BP has a stake in Rosneft and BP is a British company.
Programming today is the opposite of diamond mining. In diamond mining you dig up a lot of dirt to find a small bit of value. With programming you start with the value, the real intention, and bury it in a bunch of dirt.
Were civilization itself to be estimated by some of its results, it would seem perhaps better for what we call the barbarous part of the world to remain unchanged.
Today, a large part of Peru's revenues come from mining. Many big mining companies only pay income tax, but they extract minerals, they pollute the water. They don't give any form of compensation to the regions where those minerals are extracted and where they do the damage, forcing the state to help those regions. What my party Gana Peru is stating is that the mining companies will have to pay that compensation. That is called a royalty.
The dialectical or ecological approach asserts that creating the world is involved in our every act. It is impossible for us to operate in our daily lives and not create the world that everyone must live in. What we desire arranges the genetic code in all of our major crops and livestock. We cannot avoid participating in the creation, and it is in agriculture, far and away our largest and most basic artifact, that human culture and the creation totally interpenetrate.
I wouldn't want everybody to be an art or literature major, but the world would be poorer - figuratively, anyway - if we were all coding software or running companies. We also want musicians to awaken our souls, writers to lead us into fictional lands, and philosophers to help us exercise our minds and engage the world.
We must motivate ourselves to do our very best, and by our example lead others to do their best as well.
Our mandate is to find the 200 best companies in the world and invest in them, and find the 200 worst companies in the world and go short on them. If the 200 best don't do better than the 200 worst, you should probably be in another business.
Related Authors
Abraham Lincoln Quotes
American
President
Barack Obama Quotes
American
President
Donald Trump Quotes
American
President
Dwight D. Eisenhower Quotes
American
President
Franklin D. Roosevelt Quotes
American
President
George W. Bush Quotes
American
President
George Washington Quotes
American
President
James Madison Quotes
American
President
Joe Biden Quotes
American
President
John F. Kennedy Quotes
American
President
Mike Pence Quotes
American
President
Ronald Reagan Quotes
American
President
Theodore Roosevelt Quotes
American
President
Thomas Jefferson Quotes
American
President
William J. Clinton Quotes
American
President
Woodrow Wilson Quotes
American
President