From "TJ" Chief Editor

Shaking off white snowflakes falling to coat one comes to a conclusion that winter is in its height and that the new business year has just begun. The first month – January as usual was marked by increased inflation in all countries of the world; people have spent their New Year bonuses and now it’s time to cross the threshold of February. It’s high time to make a reality of annual plans, it’s necessary to think how to refund the purse with significant amount of e-cash during the coming 11 months of 2008.

But it’s worth noticing for the first time a short-term future causes considerable anxiety for future not only of your e-pocket with money but for the whole economic system. The first month of this year had shown that economical waters are not so still to run deep. And these waters made their presence known to the whole world on January 18. One thing is bad – someone who had disturbed these waters was the last one in the world who saw that January 18 off. Having crashed its stock market he went away for deserved rest leaving global finance sites with only thoughts about the coming week. And the expectations were met: on January 21 the traders of the whole world in one moment have realized that if companies in USA are cheap, the national companies of other countries will also be obliged to be cheaper. The first who yielded were Japanese: in the morning Nikkei, Japanese index of business activity had shown the world a red figured drop for more than 5 percent. As the sun was raising the monitors of the sites of Korea, India, Russia and further around the world were becoming perfidiously red. In one January day Indian companies had lost more than 11 percent of their capital and blue chips of РТС dropped for 7 and a little bit more percents. The possible results of it are available on the pages of Trainex Journal.

The main topic of February issue is interview with a person who laid the foundation of virtual economy forming. We will tell you who had begun to count money in kilobytes, changed heavy lock of safe for a bunch of logins and passwords, and who had turned the dying paper banknotes and plastic cards into electronic money. His name is Vadim Vasilenko. The tremendous number of gigabytes of texts related to his personnality appear daily in Internet and the old-timers of e-finances respectively waggle their heads when hear his name. Reporter of TJ managed to interview this person who was committed in Manhattan due to the arbitrary behavior of US authorities. Our reporter in New-York will tell us how this person had created his business empire and how appeared he turns to be weak against judicial system of the USA.

And while white and blue collars are nervously trying to understand what tomorrow has in store for them vacillating between technical and basic analysis of situation, the specialists of our journal decided to come down to market earth flavored by petrodollars to see the way of development of Russian financial sphere. Russian nation slowly starts heading toward consumer society and it means that settlement tools will begin to develop. In this issue our attention was attracted by SMS billing technology that became for many Internet projects a kind of communication system without which many services on contact sale in Internet would be impossible. How does SMS billing work, who is the main player at the market, what are the prospects of this industry of snap payments – all the answers to these questions can be found on the pages of February issue of TJ.

In each issue we try to cover the most important moments of virtual economy development in Russia and all over the world. We touch upon company business, histories of the people, opinions and forecasts and keep our readers’ right to know everything about e-finance industry and to express their opinions that form the whole pages of comments and set the character of virtual economy development.

Tell your opinion