Financial News and Economical Crisis

The pool of positive data for the United States (retail sales, producer prices, industrial activity, stocks of goods in warehouses), together with statements about the expectations of OPEC increasing oil demand in 2009-2010 supported the local stock market in the second half of the auction. At the end of the day Russia's major indexes closed near annual highs - MICEX added 2.47%, RTS - 2.52%. In leaders of growth among the blue chip stocks were made by the ... Read More

index of the Frankfurt Stock Exchange Ksetra DAX (Xetra DAX) fell 0.78 points (-0.01%) and at the level of 5619.46. Index of the London Stock Exchange Futsi 100 (FTSE 100) rose by 20.72 points (0.41%) and at the level of 5039.57. December futures on the index of S & Pi 500 (SP 500) on Globex (Globex) rose by 0.5 points and is 1044.0. Opening of the American stock indexes are now expected to top. After a sharp increase to ... Read More

Inflation in Ukraine is 8.2%. This was reported today by the Prime Minister of Ukraine Yulia Tymoshenko during a public presentation of the draft budget for 2010, the Ashgabat correspondent of RBC-Ukraine. Today we come to that result, when the inflation target at the moment we are only 8,2% in the year compared with last year. That, in view of large-scale emission and drastic fall in the national currency, - said the Premier. According to her, causes ... Read More

Chemical companies have the right to purchase natural gas from a zero rate of collection from any suppliers who have a license, not only from Naftogaz Ukraine and its subsidiary Gas of Ukraine, said the Antimonopoly Committee of Ukraine (ACU). According to its press release on Tuesday, the committee ordered the Ministry of Industrial Policy and amend its orders, offering Naftohaz such preferences. AMC explains that a government decree on the zeroing target collection with the sale ... Read More

development of innovative sectors of the economy and the joint anti-crisis measures discussed in the coming months, the Heads of State and Government of the CIS countries, said Minister of Economy of Ukraine Bohdan Danylyshyn. I think he's (this issue) will have great prospects and the level of Heads of State meeting which will take place on October 7 in Chisinau, at the level of Heads of Government who will meet Nov. 20 in Yalta, - he said. ... Read More

European stock platform finished day countervailing movement of the main indexes. One of the leads for the sales decline was the recommendations of the analytical units on a number of papers. Analysts Nomura Holdings turned its gaze to the shares of European banks, in the center of attention were: Societe Generale, Deutsche Bank and BNP Paribas, after which its price went down. Something similar happened with the shares of Peugeot Citroen, which negatively affected the mood in the automotive sector,but here the ... Read More

Acts readiness for the heating season, which is essential for feeding fluid ZhEKam, received less than 1% of heat AK Kyivenergo. According to the company's submission deadline - September 15, as notified all ZhEKi. Preparation of heat supply systems for the new heating season is very slow, said the company. According to operative data, in kindergarten did not issue a single act, the school received 0,5% of acts, medical institutions - 10%, homes of all forms of ... Read More

Eurobond holders NAK Naftogaz Ukraine for $ 500 million expected from the company's terms of restructuring their debt. The fact that it is in this Monday to the investors will receive a specific proposal to defer the debt before the first deputy chairman of Naftogaz, Igor Didenko. However limited NAK message that its representatives have begun negotiations with the holders of Eurobonds. Naftogaz Ukraine and the company's advisors now agree on final details of the restructuring proposal, ... Read More

positive opening, followed by lateral movement Bidding on domestic exchanges have opened in the negative dynamics. The reason for the decline was a drop in futures on U.S. indexes and oil prices. This allowed the bear market lead away from the opening below the level of 1160 points on the MICEX. Later, after a brief consolidation, the market could start to recover, which, by the end of the trading session led the MICEX index to the ... Read More

Formation of the Customs Union of Russia, Belarus and Kazakhstan to be completed by the end of the year. From 1 January 2010 in the three countries will have a unified customs tariff on imports and Customs Code, and on the border between Russia and Belarus will not customs. From 1 July 2011 it will disappear and the border with Kazakhstan. But an alliance hampered by lack of mechanism for distribution of export duties, said the chief of analytical ... Read More