Financial News and Economical Crisis

This morning on the Russian stock market expect continued downward movement After the closure of Russian stock exchanges on Friday, the U.S.1000market reigned in the largely negative sentiments. During the first half of the session, the Dow Jones showed the new local minimum, having fallen to a mark of 9840p. But in the second - "bulls" of the people went to the counter and even managed to bring the index in positive territory. But the oil market they ... Read More

President Dmitry Medvedev considers it necessary to lower rates on loans for small and medium businesses. "We must consistently engage in lower lending rates for the whole economy, and especially for small and medium enterprises", - he said at a meeting with the head of Vnesheconombank Vladimir Dmitriev on February 6. Vladimir Dmitriev recalled that in August 2009 launched a program to support small and medium-sized businesses through subsidiaries Vnesheconombank, for this purpose has been allocated 30 billion rubles. By ... Read More

  Friday, February 5, stock markets in Latin America as a whole have demonstrated negative dynamics, and the Brazilian index has closed unprofitable fourth week - correction robbed him of more than 10% of the capitalization in the last month. One of the main concerns was still the situation with the state debt of Spain, Portugal and Greece, there were added, and internal factors - according to statistics published on Friday, the Brazilian consumer price index in January rose more expectations - ... Read More

7 February, Warsaw, will take place the draw of the qualifying round of European Football Championship 2012. The live broadcast of the ceremony for the "First National", the beginning - at 13:00 Kyiv time. As the official site of UEFA, Europe"s reigning champion, Spain"s national team, and teams of the Netherlands, Italy, England, Croatia, Portugal, France and Russia will be sown from the first basket. As a result of the draw all the teams will be divided ... Read More

Presidential Secretariat said the implementation of the general fund of the state budget for the cost of 99,6% in January. This is stated in the press service of the President. "By spending general fund budget appropriation in the amount of openly 16.1 billion hryvnia, which represents 99,6% of the time the painting in January," - said in a statement. income general fund budget, according to a report made in January to 100.4% (12.5 billion hryvnia mobilized), in a special ... Read More

Despite the economic crisis, the people of Germany were generally content with their lives. This is one of the outcomes of the survey of opinions about the "social climate" in the European Union, commissioned by the EU, said on Wednesday, February 3, the newspaper Saarbr #252; cker Zeitung. The average satisfaction with the Germans in their lives was 3.9 points (on a scale from -10 to 10 points). "The Germans were not as skeptical as we thought," - said ... Read More

In order to protect domestic market from imports without violating the terms of the WTO and credit support to domestic enterprises at the expense of consumers paid VAT, it is advisable to increase the VAT rate to 25%, replace the tax on business profits tax on the cost of enterprises and to introduce VAT as sources of pension fund and other social funds, instead of charges on payroll - believes director of the Department of Macroeconomic Forecasting, Ministry of Finance of ... Read More

  Friday, February 5, trading on U.S. stock markets started on the background provided by the U.S. Department of Labor package of statistics on the labor market in January, the central place which took the number of reductions in non-agricultural sector in the country. figures in the layoffs of 20 thousand people turned out much better than a sudden skaknuvshego to 85 thousand rate in December, but in January it expected a first for the last 2 years of ... Read More

Administration Krivoy Rog Mining and Metallurgical Works "Arcelor Mittal Krivoy Rog (Dnepropetrovsk reg.), the largest enterprise of mining and metallurgical complex of Ukraine has increased from 1 January 2010 all employees of the company wage rates and salaries to 11,43%. According to a press release, "Arcelor Mittal Krivoy Rog", this decision was taken in accordance with the requirements of Ukrainian law "On establishing a living wage and minimum wage" on October 20, 2009. This press service said ... Read More

Sale, which began yesterday, continued today. The Russian stock market with the opening of collapsed down to 3%. All blue chips took on a red color. You long to enumerate the list of securities traded in the negative zone. Growth would be delayed indefinitely. Negative correlation traditionally show shares Rostelecom-change on the bidding results (1,17%). The reason precipitated a sell-off in the domestic market were external. This rapid decline in prices for "black gold" and update the U.S. three-month index of local ... Read More