Brokers are paid a small fee upon all enterprise

These brokers are paid a small fee upon all enterprise launched by them, and upon all monies acquired in compensation of loans. The typical curiosity charged is eight per cent. Unhealthy money owed have, in fact, been made in some situations, however the loss on the entire quantity superior by the Financial institution is estimated to not exceed four per cent, of the full. Hitherto the capital of the Financial institution, small as it’s, has been discovered totally enough to its necessities; and the supervisor assured me that if they’d a a lot bigger capital at their command they might discover it tough to take a position it directly safely and remunera-tively, supposing they have been obliged, as they’re at current, to restrict their operations to Bulgaria. The Financial institution has branches at Varna, Rustschuk, Bourgas, and Philippopolis, and has companies all around the nation. In the midst of the final 5 years, the online revenue of the Financial institution has risen from 781,000 francs within the first yr, to 1,333,000 francs within the second, and the common revenue has been between 7 and eight per cent.

Each purpose to credit score the statements

I feel, due to this fact, there’s each purpose to credit score the statements made on all sides to the impact that the Financial institution of Bulgaria is a really well-managed establishment. However as there are not any shares, it’s tough to say what, in response to the check of the native market, is the money-value of the Financial institution as a property. What impressed me most within the profession of the Nationwide Financial institution is the proof it affords of the cautious and frugal coverage pursued by the State in all monetary issues. A brand new nation with credit score at its disposal is apt to launch out into liberal and even lavish expenditure. However on this, as in most different issues, the coverage of Bulgaria is regulated by the instincts of a peasant proprietary. As a way to make this assertion clearer, it might be properly to quote the final steadiness sheet of the Financial institution as much as December 31st, 1893, leaving out of account, for the sake of simplicity, all fractions below £1000.

The distinction between debits and credit represents the online yr’s revenue of £47,104, which quantities to about 10} per cent on the capital of the Financial institution, as towards 10 per cent, within the earlier’yr. This revenue, in accordance with the statutes, is split between the State, the Reserve Fund, and the employees of the Financial institution within the following proportions:—State revenue for 1894, £29,982; Reserve Fund, £15,697; employees of Financial institution, £1425 ; complete, £47,104.

India has been wealthy in iron ores jap Madhya Pradesh

India has been wealthy in iron ores, that are discovered notably m south Bihar, jap Madhya Pradesh and Karnataka As soon as the artwork of smelting, utilizing bellows (and making metal) was learnt, iron could possibly be used for battle, and extra usefully, for the clearance of jungles and for deep and common cultivation. The formation of the primary empire in Magadha within the sixth to fourth centuries B C owed a lot to the supply qf iron simply south of tins area. The massive-scale use of iron made Avanti, with its capital at Ujjain, an essential kingdom within the sixth and fifth centuries B.C. The Satavahanas and the opposite powers which arose south of the Vindhyas could have utilized the iron ores of Andhra and Karnataka.

Andhra possesses assets in lead, which explains the big numbers of lead cash within the kingdom of the Satavahanas, who dominated over Andhra and Maharashtra within the first two cen-turies of the Christian period

The earliest cash, known as the punch-marked cash, had been made largely of silver, though this metallic is never discovered within the nation Nevertheless, silver mines existed in early occasions within the Kharagpur hills within the district of Monghyr, and they’re talked about as late because the time of Akbar. This accounts for using the white metallic within the earliest punch-marked cash present in Bihar.

Gold is discovered within the Kolar goldfields of Karnataka

Gold is discovered within the Kolar goldfields of Karnataka. A really early hint of gold has been discovered at a New Stone Age web site of round 1800 B.C in Karnataka. Now we have no indication of its exploitation until the start of the second century A.D Kolar is taken into account to be the earliest capital of the Gangas of south Karnataka. A lot of the gold utilized in early occasions was obtained from Central Asia and the R oman empire Gold cash due to this fact got here into common use within the first 5 centuries of the Christian period. Because the native assets weren’t .adequate to keep up the gold forex over alongside spell of time, as soon as the provision from outdoors stopped, gold cash grew to become uncommon.

In historical occasions India additionally produced a wide range of valuable stones, together with pearls, particularly in central India, Orissa and south India. Treasured stones fashioned an essential merchandise of commerce within the articles which had been eagerly hunted for by the Romans m the early centuries of the Christian period.

My nation, Bulgaria is nice. I’m positive you’d find it irresistible like I do. There are a lot of places to visit in Bulgaria. I actually haven’t visited all of them but however I’ll, as a lot as I can.

Significance of the Chalcolithic Section

Aside from the alluvial plains and the thickly forested areas, traces of chalcolithic cultures have been found virtually all around the nation. On this part individuals principally based rural settlements on river banks not far faraway from the hills As said earlier, they used microliths and different stone instruments supplemented by a bit of use of copper instruments. Plainly most of them knew th6 artwork of copper smelting. Virtually all chalcolithic communities used black- and-red wheel-turned pots. They have been the primary to make use of painted pottery. Their pots have been meant for cooking, consuming and storing. They used the lota, however there is no such thing as a hint of the thah In south India the neolithic part imperceptibly light into the stone-copper part, and so these cultures are known as neolithic-chalcohthic. In different components, particularly in western Maharashtra and Rajasthan the chalcolithic individuals appear to have been colonisers. Their earliest settlements seem m Malwa and central India, comparable to these in Kayatha and Eran; these in western Maharashtra appeared later; and people in West Bengal have been maybe the final to emerge.

The chalcolithic communities based the primary villages

The chalcolithic communities based the primary villages in India and cultivated much more cereals than is understood m the case of the neolithic communities. Particularly they culti-vated barley, wheat and lentil in western India, and rice in southern and jap India. Their cereal meals was supplemented by non-vegetarian meals In western India we’ve got extra of animal meals, however fish and rice fashioned vital components within the eating regimen of jap India. Moie stays of constructions have been present in western Maharashtra, western Madhya Pradesh and south-eastern Rajasthan. The settlements at Kayatha and Eran in Madhya Piadesh and at Inamgaon in western Maharashtra have been foitified Alternatively, the stays of stiuctures in Chirand and Pandu Rajar Dhibi in jap India have been poor, giving indications of postholes and spherical homes. The burial practices have been completely different In Maharashtra the useless physique was positioned within the north- south place, however in south India within the east- west place Virtually full or prolonged burial obtained in Maharashtra, however post- extraction or fractional burial prevailed in West Bengal.

The outline of Constantinople

After all all of the church buildings of town have been by no means contemporaneous. In a metropolis which had a lifetime of extra then eleven centuries, the checklist of just about any class of edifices erected in the middle of that interval would essentially be an extended one, with out implying the existence of quite a few edifices of that class at one and the identical time. In response to the outline of Constantinople which dates from the primary quarter of the fifth century, the variety of church buildings then within the metropolis is given as solely fourteen. Church buildings appeared and disappeared, and whereas a few of them have been, for particular causes, maintained all through the entire course of town’s historical past, many got here to flourish for some time after which decayed within the extraordinary course of issues, bequeathing as their memorial solely the withered leaves of their names. Then we should bear in mind the frequent and disastrous earthquakes which shook the soil of Constantinople in the course of the Center Ages, and the horrible conflagrations which many times decreased the wealth and glory and sweetness of in depth tracts of town to mud and ashes. For instance: the three fires related to the seize of town by the Latins in 1208-1204 inflicted a blow from which town by no means recovered.

The territory alongside the Golden Horn

A kind of fires raged for an evening and a day; one other for 2 days and two nights, with the outcome that the majority the territory alongside the Golden Horn, in addition to the territory extending thence to the Hippodrome and the Sea of Marmora, as far-off as Vlanga, have been became a wilderness of smoking ruins. “ The fireplace,” says Ville-Hardouin, a spectator of the terrible scene, “was so nice and so horrible that no man might extinguish or examine it It was a tragic and pitiful spectacle for the barons of the military encamped on the opposite aspect of the harbour to see these lovely church buildings and people wealthy palaces fall in and be destroyed, and nice enterprise streets burned by the scorching flames; however they might do nothing. The fireplace unfold past the harbour throughout to the densest a part of town, fairly near S. Sophia, and so far as the ocean on the opposite aspect. It lasted two days and two nights, with out being ever touched by the hand of man, and the entrance of the fireplace was totally half a league lengthy. Of the harm finished, or of the property and wealth thus misplaced and consumed no estimate might be made, nor of the variety of males, ladies, or youngsters who perished.” It’s true that church buildings injured by the hand of time have been typically restored.

 

Commerce and urbanization within the center Gangetic basin

Though rural settlements belonging to the NBP section haven’t been excavated, we can’t consider the start of crafts, commerce and urbanization within the center Gangetic basin and not using a robust rural base Princes, clergymen, artisans, merchants, directors, navy personnel and quite a few different functionaries couldn’t stay in cities until taxes, tributes and tithes had been obtainable in adequate measure to help them. Non-agriculturists dwelling in cities needed to be fed by agriculturists dwelling in villages. In return artisans and merchants dwelling in cities made instruments, fabric, and so on., obtainable to the agricultural folks. We, hear of a village dealer depositing 500 ploughs’with a city service provider. Clearly these had been iron ploughshares. From the NBP section in Kausambi iron instruments consisting of axes, adzes, knives, razors, nails, sjckles, and so on., have been found. A very good variety of them belong to the earliest layers of the NBP section, and had been in all probability meant for the usage of the peasants who purchased them by paying in money ot sort

Quite a few villages are talked about within the Pali texts, and cities appear to have been located amidst the clusters of villages Evidently the nucleated rural settlement wherein all folks settled at one’place and had their agricultural lands principally outdoors the settlement first appeared m the m’ddle Gangetic basin within the age of Gautama Buddha. The Pali texts converse of three pes of villages. The primary class included the standard village inhabited by varied castes and communities. Its nulnbar appears to have been the most important, and it was headed by a village headman known as bhojaka. The second included suburban villages which had been within the nature of craft villages; as an example a carpen-ters’ village lay within the neighborhood of Varanasi Clearly these villages served as markets for the opposite villages and linked the cities .with countryside. The third class consisted of border villages located on the boundaries of the countryside which merged into forests. Individuals dwelling in these villages had been primarily fowlers and hunters, and led a backward life,

The village lands had been divided into cultivable plots

The village lands had been divided into cultivable plots and allotted family-wise. Each household cultivated its plots with the assistance of its members supplemented by that of agricultural labourers. Fields had been fenced and irrigation channels dug collectively by the peasant households below the supervision of the village headman.

The peasants needed to pay one-sixth of their produce as tax Taxes had been collected straight by royal brokers, and usually there have been no intermediate landlords, be-ween the peasants on the one hand and the state on the opposite. However some villages had been granted to brahmanas and large retailers for his or her enjoyment. We additionally hear of huge plots of land labored with the assistance of slaves and agricultural la bourers Wealthy peasants had been known as grihapatis, who had been virtually the identical as vaisyas.

Decline of the Bulgarian State

Underneath Simeon’s successor, Tsar Peter, the Bulgarian state started to say no irresistibly. The Magyars took away the Bulgarian lands north of the Danube. The Serbians rose to arms and received their independence. Chaos reigned within the nation. Inspired by Bogomil preachers, the peasants refused to pay taxes and to carry out the varied corvees. The variety of feudal lords (boyars) who refused to obey the Tsar was rising, which weakened the central energy.

The Byzantine Empire may hardly have discovered a extra opportune second to sq. accounts with its harmful northern neighbour. In 968, summoned by the Byzantine Emperor, Russian contingents of the Kiev Prince Svyatoslav invaded North-Jap Bulgaria. The Byzantines, nonetheless, had been taken abruptly when Svyatoslav signed an settlement with the Bulgarian Tsar Boris II for joint battle in opposition to Byzantium. In face of this contemporary menace, the Empire gathered forces and in 971 managed to defeat the Russian and Bulgarian troops. Boris II was taken prisoner and dropped at Constantinople, however this was not the tip of the Bulgarian state. After the autumn of the Bulgarian capital and of the japanese elements of the nation, the opposite areas continued to supply cussed resistance for an additional half century. The sons of Komit Nikola – David, Moses, Aaron and Samuil – performed an distinctive function in the course of the years of this resistance. They had been rulers of southwestern Bulgaria. The primary two had been killed in battle, Aaron as bribed by the Byzantines and Samuil killed him for this treason.

Samuil proclaimed himself as Tsar of Bulgaria and Prespa

Samuil proclaimed himself as Tsar of Bulgaria and Prespa (at the moment in Yugoslavia) – as his capital. He waged a manly battle in opposition to the Byzantines for nearly thirty years, and for a brief time frame he even enlarged his state by liberating the nation’s northeastern half and conquering the entire of Thessaly, present-day Albania, and a few Serbian territories. In 986 Samuil dealt a crushing blow on the Byzantine Emperor Basil II on the Trayanova Vrata Move (Trayan’s Gate) close to the city of Ihtiman. The Emperor saved himself by some miracle and for a very long time had no need no matter to battle the Bulgarians. Nearly twenty years had handed earlier than he ventured once more to assault Bulgaria in 1014.

The armies of Bulgaria and Byzantium, led by the 2 rulers, met on the northern foothills of the Belassitsa Mountains, not removed from the present-day city of Petrich. The entrance assault introduced the Byzantines no success, so that they used roundabout paths, appeared within the Bulgarians’ rear and routed the military. Basil had his revenge for the defeat at Trayanovi Vrata, however he was not glad. With the intention to break the morale of the Bulgarians and make them surrender all additional resistance, he ordered all 14,000 Bulgarian troopers taken prisoner to be blinded and despatched them again to Samuil in Prespa via the winter blizzards. He had left one soldier with one eye in each 100 blinded males to point out them the best way. For his cruelty which had no equal even in these merciless occasions, Basil II was nicknamed Bulgaroctonos Slayer of the Bulgarians.

 

 

Regardless of the motive

On the Continent, persons inscribe on their cards “can personnel to show that they themselves have come, and not sent their cards. Many of the English, regardless of the motive, notwithstanding its being so evident, had the same words written on theirs, and the persons to whom these cards were sent not unfrequently had cards with “end personnel” thrust into the hands of their porter by a loquats de place, when they were in the vestibule, or entering their carriages, which excited much laughter, the servants also joining in the mirth.

Wedding takes place in a family

When a wedding takes place in a family, the cards of the newly married pair are sent round to all their acquaintances to apprize them of the event. The cards are sent out by the bridegroom to his acquaintances, and by the parents of the bride to theirs. In some instances, the cards have been united by silken or silver cords; but this mode has not been adopted by people of fashion.

To those who leave cards at the residence of the bride and bridegroom during their absence in the “honeymoon,” cards are sent to inform them of their return.

When cards are left for married people who reside with their parents or relatives, their names should be written on the cards left for them, to preclude mistakes.

When person’s without parents are married, they should send their cards to their acquaintances.

Foreign ladies always inscribe their maiden names, as well as their married ones, on their cards — as, “ La Comtesse this explains to what family they belong, and prevents mistakes where there are others of the same name. An English lady, observing this mode, and wishing to adopt it, left her cards with the following inscription, Mrs. Pipkins Tibbetts,” to the no small amusement of the quizzer with whom they were left.

In giving dinners, endeavor to engage persons only who are known to each other, or who mutually desire to become acquainted. Exceptions may be made in favor of persons of acknowledged merit, or of high distinction.

In society, verbal invitations are often given to balls or concerts, by persons with whom you are only slightly acquainted, and have not previously visited: in such a case, it is proper to leave a card beforehand on the lady at whose house the soiree is to take place, that she may be made acquainted with your name and intention — so that you may be expected; because you may have received an invitation from her husband, of which she was ignorant, and he may not be there to present you. Should it so occur, a card previously left will prevent either party looking foolish, or the stranger appearing “de trop.”

Holidays are coming, winter holidays. I can tell you about lovely places to visit in Bulgaria. If you are a ski fan then Bulgarian resorts are for you – Borovets, Bansko, Pamporovo. You will like it there.

With American ladies of the second class

With American ladies of the second class, there is a great proneness to construe the commonest expressions and words into having indelicate meanings — to realize, indeed, the sailor’s axiom of being “nasty nice,” or virtually to embody Swift’s biting truism, that “the nicest people have the nastiest ideas.” The truth is, that, in America, female delicacy has become morbid, and has gone beyond that wholesome propriety of feeling, which distinguishes between an intended grossness, and a word which is fully understood to have no other meaning than that which it expresses. Extreme delicacy borders closely on indelicacy, and a gentleman, especially an Englishman, is sometimes compelled to rack his brains in. order to discover how that which he has said can be so distorted from its true meaning; and the discovery, when made, however it may amuse him at its ingenuity, rarely elevates the lady in his opinion, but rather astonishes him at the grossness of sentiment which it implies, and which must have existed in her mind before she was  gauche enough to let it appear. If anything really equivocal be said, the lady should be the last to let it be known that she understands it.

May be noticed a ludicrously vulgar refinement of speech

As a sequence to this, may be noticed a ludicrously vulgar refinement of speech, common to pseudo elegant, namely, the use of synonyms so awfully select, as might well astound even a Crabbe. We heard of one young man in America, who, desiring some “stuffing” with his turkey, asked for “some of the insertion” !!! Which was exquisite refinement, with a vengeance. The fact is, that the old joke of “decapitating the luminaries,” for snuffing the candles, is continually and seriously being realized in America. Really well-educated people, conscious that their acquirements cannot be disputed, are infinitely more careless in their expressions, than those less favored ; whilst the elevated (not inflated) style, occasionally necessary in literature, would be considered, by gentlemen, vulgarly pedantic in ordinary society. The educated man can afford to descend, whilst the more refined a person of doubtful position may be, the greater is the suspicion of its being genuine. Young men should avoid using avowedly vulgar expressions, but be equally careful not to stick their “parts of speech” on stilts so high, as to prevent their descending again to the simplicity of social conversation. In Boston, poor Fanny Kemble became the subject of much animadversion, for using the word “dawdling,” which simply implies “laziness,” and nothing else. The acquirements of one so gifted, and superior in intellect to the average of her sex, should have been sufficient to shield her from such absurd and underbred criticism.

Snuff

As snuff-laking is merely an idle, dirty habit, practiced by stupid people in the unal ailing endeavor to clear their stolid intellect, and is not a custom particularly offensive to their neighbors, it may be left to each individual taste as to whether it be continued or not. An “ Elegant 55 cannot take much snuff without decidedly “ losing caste.’

“ Doctor, 55 said an old gentleman, who was an inveterate snuff-taker, to a physician, “ is it true that snuff destroys the olfactory nerves, clogs, and otherwise injures the brain ?”

“It cannot be true, 55 was the caustic reply, “since those who have any brains never take snuff at all”

Fashion

BUT few things betray greater imbecility of mind than a servile imitation of the extrava- gancefe of any fashionable monster; A man possessed of the delicate and proper feelings of a gentleman would deem himself degraded by copying another, even to the curling of a whisker, or the tie of a cravat; as, by so doing, he could only show the world of how little importance he felt himself, and the very poor opinion he entertained of his own taste.

Fashion and gentility are very distinct thing — for which reason, people, really of the highest rank, are too proud to become martyrs to any prevailing mode; and the man of true taste will limit his compliance with the caprices of fashion to not appearing equally conspicuous for its utter neglect.

Dress

It is bad taste to dress in the extreme of fashion; and, in general, those only do so who have no other claim to distinction, — leave it, in these times, to shop men and pickpockets. There are certain occasion!, however, when you may dress as gaily as you please, observing the maxim of the ancient poet, to be “ great on great occasions.” Men often think, when they wear a fashionably-cut coat, an embroidered waistcoat, with a profusion of chains and other trinkets, that they are well dressed, entirely overlooking the less obtrusive, but more certain, marks of a refined taste.

We grand j points are — well-made shoes, clean glow hite pocket handkerchief, and, above all, easy and grace full deportment.

Overdressing themselves, is a very serious evil in the young men of America, who usually look as if they had come out of a bandbox. It should not be overlooked, that those people who over study their dress, are conscious of their inferiority, and hope by such means to raise themselves in the public estimation.

Manners of Us

Hello all today I like to publish an old book which is about the manners of human. What we should do and what we shouldn’t. İt is older than a century so it is a kind of fun.

Etiquette is the barrier which society draws around itself as a protection against offences the “law ” cannot touch ; it is a shield against the intrusion of the impertinent, the improper, and the vulgar, — a guard against those obtuse persons who, having neither talent nor delicacy, would be continually thrusting themselves into the society of men to whom their presence might (from the difference of feeling and habit) ‘ be offensive, and even insupportable.

 Many unthinking persons consider the observance of etiquette to be nonsensical and unfriendly, as consisting of unmeaning forms, practiced only by the silly and the idle—an opinion which arises from their not having reflected on the reasons that have led to the establishment ‘of certain rules indispensable to the well-being of society, and without which, indeed, it would inevitably fall to pieces, and be destroyed.

Misconstruction

Much misconstruction and unpleasant feeling arises, especially in country towns, from not knowing what is “expected” or’ necessary to be done, on certain occasions, resulting” sometimes from the prevalence of local customs, with which the world in general are not supposed to be acquainted.

 Besides, in a mercantile country like England, people are continually rising m the world. Shopkeepers become merchants, and mechanics manufacturers; with the possession of wealth they acquire a taste lord the luxuries of life, expensive furniture, gorgeous plate, and also numberless superfluities, with the use of which they are only imperfectly acquainted. But although their capacities for enjoyment increase, it rarely happens that the polish of their manners keeps pace with the rapidity of their advancement; hence such persons are often painfully reminded that wealth alone is insufficient to protect them from the mortifications which a limited acquaintance with society entails upon the ambitious. Pride often deters people from seeking the advice of the experienced, when the opportunity of receiving it is presented. It is to be hoped that the following remarks will furnish a guide through the intricacies of con. National usage, without risk to the sensitive, or the humiliation of publicly proclaiming the deficiencies of an imperfect education.

In all cases, the observances of the Metropolis (as the seat of refinement) should be received as the standard of good-breeding.

Never introduce

Never “introduce” people to each other without a previous understanding that it will be agreeable to both.

There are many reasons why people ought never to be introduced to the acquaintance of each other, without the consent of each party previously obtained. A man may suit the taste, and be agreeable enough to one, without being equally so to the rest of his friends; nay, as it often happens, he may be decidedly unpleasing: a stupid person may be delighted with the society of a man of learning or talent, to whom, in return, such an acquaintance may prove an annoyance and a clog, as one incapable of offering an interchange of thought, or an idea worth listening to.

It is also so interesting to visit Bulgaria and discover the Bulgarian coast. It will take you a differet world. Come and be our guest in my country Bulgaria.

The Price of Water Vienna

Vienna can boast the world’s best tap water. But is that a reason to charge for a glass of it at a restaurant?

An acquaintance of this columnist just posted a message on Facebook, and it wasn’t friendly. He wrote that, having dined that evening at a pizzeria in central Vienna, when settling the bill, he was enraged to find he had been charged €1.30 for a quarter-litre of tap water.

For a while now a small but increasingly bitter struggle has been building, not just in Vienna but across the country, over the value of water. The crux of the disagreement: should restaurants be allowed to charge for bog-standard tap water? It being perfectly normal custom to do so in other countries, particularly in regions with a strong dependence on tourism, increasing numbers of Austrian gastronomic outlets have begun charging for tap water if it is ordered by customers. Otherwise, they say, people would only ever drink free water. And because serving water, even straight from the tap, still accounts for valuable working hours, which have to be paid for somehow. Hmmm. Convinced? No, and neither are the Viennese.

Unlike in other places, water in Vienna is more than just a colourless liquid with a mildly chlorinated odour that appears like magic out of the tap. Firstly, Vienna’s water does not smell of chlorine, because it is arguably the finest water to flow out of the taps of city apartments anywhere in the world: Styrian spring water, no less, pumped directly into the capital through a pipeline specially built in 1873 and which supplies Vienna with fresh, clean and cold water to this day. Vienna’s tap water is so pure and of such quality that anyone caught drinking water out of a bottle in the Austrian capital is likely to be looked at by passers-by as if they are soft in the head. After all, why pay good money for something, haul it home and generate yet another hyper-annoying container when you can access an endless supply of the same stuff-a high-quality, environmentally-friendly version, no less-simply by turning the tap in your kitchen? (OK, tap water isn’t fizzy, I grant you. But that’s as far as it goes.)

 

With all the exhibitions opening nowadays, Istanbul is becoming a veritable art city’

“I Chose Art”

When asked what means one can use for political action, German artist Joseph Beuys replied, “I chose art. ’’Now, an exhibition, ‘Joseph Beuys and His Students’, at the Sakip Sabana Museum (SSM) explains a lot. You have to take time to read all the panels if you want to understand… Accompanying Beuys in the exhibition, which brings together close to 350 drawings, photographs and prints, are his students, Peter Angermann, Lothar Baumgarten, Walter Dahn, Felix Droese, Imi Giese, Imi Knoebel, Katharina Sieverding and Norbert Tadeusz. Through 1 November.

“This Is Not A Retrospective!”

‘Site’ is not a retrospective even though it covers Sarkis’s 50-year career as an artist. The artist is royally annoyed if anybody says this. Hallmark of the exhibition, curated by Levent Qalikoglu, Chief Curator of Istanbul Modern, are materials that are open-ended, multi-layered and stubbornly unfinished… as well as Sarkis’s constantly re-created installations, works he has saved up and breathed life into over the years, the costumes, the sculptures, the stained glass and the neons… Head for Istanbul Modem to see this exhibition, which the artist is continuously renewing. Through 10 October.

When it comes to government bonds, on the other hand, the returns are less interesting. Mathias Bauer, head of Raiffeisen Capital Management: “Government bonds have long been classified as a safe haven for investment, but corporate papers are now preferable on risk grounds.” This is why Austria’s money experts in general are advising investors to alter their strategies. Franz Witt-Dorring, Head of UBS Austria: “Investors should not commit to any government bonds with a term longer than seven years, since such papers could come under pressure in the next 12 to 24 months.” Erste Bank expert Hollinger went on: “Investors should be reducing the average remaining term of their fixed-interest bonds held in security deposits. They should also consider shifting their fixed-interest securities into floaters.”

Private Banking Manager Ohswald: “Share funds which actively hedge the interest rate risk offer good opportunities. Investors should avoid funds which only display one index, however.”