Monday, July 31, 2006

Warren Buffet, the second riches person in the world, today announced that he will donate thirty billion dollars to the Bill and Melinda Gates foundation. Buffet has planned for years to give his fortunes away and today he kept that promise. The gift is not a lump-some of 30 billion in cash but includes stocks and bonds; essential, according to CBS, the Gates foundation will receive around 1.5 billion dollars a year. Mr. Buffet is a peculiar individual. As opposed to many wealthy individuals, Mr. Buffet does not believe in the practice of transferring ones wealth to ones children, he believes in taxes (especially the estate tax), among others.

"Bill and I are absolutely honored and humbled by Warren's gift. It's really unprecedented in terms of what we can do to do good in the world," Melinda Gates said. The Gates Foundation gives to programs that improve education and global health. Buffet also gave to four other foundations, three of which are run by his own children.

Russia seems to be in a serious population predictament. Of late the Putin administration (the current president administration) have devised programs aimed at increasing the population of Russia. Russia's population has been shrinking do to high mortality rates and low birth rates. Immigration from regional states have helped, though it has increased ethnic conflict and racist attacks. The problem has been described by the Russian state as a threat to national security. Russia land mass is measured at 6, 592, 849 square miles, making it the largest country in the world. Its population is reported at 143, 246,000, making it the eighth most populated state. According to the Tehran Times, the population could wane to 100,000,000 by mid-century if the current rate is continued.

Recently the Russian government have promised financial assistance for women who have more children than a set number (I'm sorry I forgot how much). The latest plan has been an appeal to the Russian diaspora to return to Russia. There are hundreds of thousands of ethnic Russians living outside of Russia.On the Russian government website a Russian is vaguely described. Describing them as people "brought up in the traditions of Russian culture ... who do not want to lose links with Russia". A Kremlin spokesman said that the plan embraced "holders of Russian passports, Russian-speakers with dual citizenship or people who are planning to apply for Russian passports". That appears to refer to the hundreds of thousands of ethnic Russians in ex-Soviet republics, whose return has been a long-time goal of increasingly influential Russian nationalists. It remains unclear whether the incentives would be extended to millions of non-Russians from ex-Soviet states, who form the bulk of the mainly illegal migrants working in Russia or planning to come.

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