Kalistani Major History

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Kalsie quiet on heels of New Promise to restore NSPSocialists agree to rejoin the Government; Kalistani Motors opens for business
Kaliburg, Ananto
April 7, 4456


Hashimoto prepared to return to Premiership of the Republic in new deal to Restore NSP

The Kalsie, Kalistan's stock exchange is quiet this month, despite taking a beating over the last year due to shortsighted policies of the Conservative Government, and resulting yearlong shut down of the Public Sector.  The Socialists stepped in in October and partially reopened the Public Sector using Militia forces to supply desperately needed man power, and the Militia activation will continue until the NSP is restored, and restaffed.

The quick action by the Socialists resulted in more seats in the Assembly in January, but Maria Reina Rodriguez lost the Presidency in a resounding loss, as voters blamed the Socialists, at least Partially for the end of the NSP.  Following the election, the jittery Kalsie began to smooth out, and the bottom of the economic crisis appears to be hit.  The Kalsie hit its low on January 4th of this year, with the index sitting at 67.34, representing a loss of a third of the wealth in Kalistani corporations from its opening 13 years ago.  Since early May of last year, as the Militia absorbed more than 750,000 of the approximately 8.5 million members of the NSP which were suddenly thrown onto the Job market and promptly put them to work attempting to ensure that vital national operations did not cease to function, even if on a skeleton crew level, investors slowly came back to National Industrial stocks.  Late this March, as a compromise Government Bill and a promise to re-establish the NSP seemed in the works, the Kalsie rose to 72.19, and recovery seems to be in the offing.

The new Conservative President of the Republic, Coby Collingwood was quick, following the elections, to offer a new Government bill with moderate Socialist Abe Hashimoto as Premier.  The effort to bring Socialists back into Government "reflects commitment to the institutions of the Presidential Prerogative and Separation of Powers, and inspires confidence in both the Government and the economy," Hashimoto reflected.  Hashimoto added that once the Government bill passes, talks with both Indrala and Lodamun will be reopened concerning investment.  "We were in the midst of negotiations with the State of Indrala to acquire investment to expand the National Shipyard in Kaliburg, and were on the verge of concluding a deal to help Lodamun built a new deepwater port and Naval Facility on their North Eastern Coast.  The Abolition Act put a screeching halt to that, but it appears now that the Conservatives wish to work to rectify the problem, so I've reauthorized cooperation with the Conservatives in the Governance of the Country."


Kalistani Motors, the remnants of the old National Motor Company, has officially reopened for business at the beginning of this month

In other news, remnants of the old KALNAMOCO, which was divested in 4441 during the last economic crisis, have finally been completely divested, and reorganized into Kalistani Motors.  Kalistani Motors, listed under the Stock Symbol KMC, has two divisions:  Automotive and Aircraft.  It intends to reopen the old KalNaMoCo plant and begin producing Mocos again, which were popular among the RF subculture three decades ago, and plans to open an aircraft factory in Odufaray in early 4458, which will build aircraft for domestic and export sales.  Initial Stock offerings place the value of the company at more than 16 billion Rubles, and as such, makes the Kalistani Motors the second most valuable publicly traded private sector firm in Kalistan, behind KalMD.