SOURCE: Krull Corporation

October 10, 2008 18:06 ET

On Bloomberg, Alexander Mirtchev Analyzes Impact of Economic Crisis on Rapidly Developing Economies

In Exclusive Interview, Explains That Market Reforms Have Helped Prepare It for Current Crisis

WASHINGTON, DC--(Marketwire - October 10, 2008) - Dr. Alexander Mirtchev, founder and chairman of the Krull Corporation and an economic expert on emerging markets, sat down with Bloomberg Television in London to discuss the impact of the financial crisis on the economy of Kazakhstan.

Overall, Mirtchev said, the crisis "has been treated mainly as a liquidity crisis and I would strongly argue that it is more of a solvency and asset quality crisis." Dr. Mirtchev, the chairman of Kazakhstan's national development fund, Kazyna, believes that the economic reforms established in the country include measures to deal with such a crisis. These measures are, he says, "why the crisis is not affecting them to the extent that it is affecting other emerging markets."

The full interview can be viewed here: http://www.youtube.com/focuswashington.

Dr. Mirtchev has also commented more extensively on the widespread impact of the financial crisis in a discussion with Focus Washington's Chuck Conconi. The interview can be viewed at www.youtube.com/focuswashington.

For more information, visit www.KrullCorp.com or contact Matt J. Lauer at Qorvis Communications at mlauer@qorvis.com.

About Krull Corporation

Krull Corporation is a Washington, D.C.-based advisory and project management firm with expertise in dealing with economic growth, industrial expansion and restructuring issues. Founded by Dr. Alexander Mirtchev in 1992, Krull Corporation capitalizes on his extensive professional experience in market developments and reforms and focuses primarily on emerging and rapidly developing economies. Over the years, the firm has provided its clients with outstanding strategic guidance and professional services in various areas. Combining a unique blend of global reach and understanding of local markets, Krull is able to consistently produce high quality results and returns.

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