Yulia Mostovaya, editor of Zerkalo Nedeli, a weekly, compares Mr Yanukovich's government to a hot-air balloon that is starting to lose heat.

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It also sells cold drinks in a hot continent whose billion citizens are just starting to have a bit of spare cash.

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Which brings me to my point: All this WAP hype, for now, is starting to look a lot like hot air, mostly because it's being quickly leapfrogged by next-generation technology.

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The losers may be us, a public suddenly so hot for growthy tech stocks that quality standards are starting to slip.

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Great technical talent, lower cost salaries compared to white hot Silicon Valley, and less competitive bidding for deals (although this is starting to change).

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Touchscreens and second screens are hot right now, and that would mean that the imaginary Sony controller is starting to look like the Playstation Vita, which I would guess will also be available as a PS4 controller.

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Now, investors looking to own a franchise of a hot new concept can get in on the ground floor with some interesting small chains that are just starting their bid to become national brands.

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