Financial News and Economical Crisis

turned to big banks with a request to buy Government Bonds amounting to about 2 billion UAH. Yulia Tymoshenko received a total of about 800 million UAH. Financial experts say that could redeem the paper for an amount of 2 billion UAH. If they were offered the same rate of return. Meeting of Prime Minister with the leaders of the largest banks held at the National Bank of Ukraine last week. The initiator of the meeting was very Yulia ... Read More

U.S. investment bank Morgan Stanley plans to improve the performance of its unit dealing with securities by attracting hundreds of new traders in the next few years to cut the gap to the main competitors on Wall Street, writes Financial Times referring to the statement of the new bank"s CEO James Gorman. Securities transactions are an important element of the strategy Dzh.Gormana aimed at restoring the position of Morgan Stanley after an unprofitable 2009. According Dzh.Gormana, the investment banking ... Read More

a sharp rise in retail prices of sugar by controlling the state authorities have responded. Anti-Monopoly Committee (AMC) began its consideration of the case on the fact of price increase of sugar by an average of 30%. "The significant rise in price of sugar may have signs of violation of competition law on the part of market participants" - and explained. about. Chairman of the Antimonopoly Committee of Ukraine Alexander Melnichenko. The Committee had appealed to the Ministry of Economy and ... Read More

fundamental lack of monetary and financial systems of the country that they are unjust and immoral, said in an article for The Mirror of the Week "Deputy Minister of Finance of Ukraine Alexander Savchenko. As an example of cynicism these systems, he cited cases where, in particular in the banking sector is constructed in such a way as to protect the interests of oligarchs. "Millionaire, pension fund and the enterprise society, blind people had accounts at a ... Read More

popular type of scams is to conduct transactions - both rental and sales - with a strange property. Periodically, we see in the press reports that the offender is detained, repeatedly rented the same living space to multiple individuals. How is this possible? The pattern here is quite simple. Fraudster removes the living space directly from the owner, then gives the announcement of renting the apartments. When there are customers, they are encouraged apartment on very favorable terms, as ... Read More

Last year will go down in history of world aviation market as the most unfortunate since the Second World War, said yesterday at the International Air Transport Association (IATA). Demand for air transport has fallen to record low levels, and carriers have lost a total of about $ 11 billion in serious difficulties for airlines and will begin in 2010, is projected at IATA: passenger transport market lost 2.5 years of growth, as freight - 3,5 years, and companies will need ... Read More

The Ministry of Foreign Affairs of China reported on the introduction of sanctions against companies that are planning to supply weapons to Taiwan. Earlier, China announced plans to reduce its military cooperation with the United States, which concluded a deal to sell weapons to Taiwan. It was informed by the Air Force, with reference to China"s state news agency Xinhua. "Given the USA"s intention to supply arms to Taiwan, which causes serious damage and has a negative ... Read More

Google has announced the phasing out support for Internet Explorer 6, which were identified elements that have become vulnerable to the recent "targeted and sophisticated" cyber attack on the popular search engine, reports the BBC. As stated in the statement of Google, from March 1, some of the Internet services companies, including Google Docs, will cease to work "correctly" with IE6. Google urged all users to change or upgrade your browser "as soon as possible." ... Read More

Google Inc. reported that its main shareholders, Larry Page and Sergey Brin are going to sell 5 million shares of the company. Given the value of the shares at the close of trading on Friday, January 22 ($ 550.01 per share), earning potential of each of the founders of the company from the sale is estimated at $ 2.75 billion Google"s founders intend to gradually reduce its overall share in the capital. Planned to sell the shares within five ... Read More

Eliminate the legal basis for corporate raids and, in particular, to establish criminal responsibility for the seizure of power facilities and production capacities of enterprises, institutions, organizations, and invites the State Committee of Ukraine on Regulatory Policy and Entrepreneurship (State Committee). According to the press-service agency,the bill "On Amendments to Certain Legislative Acts of Ukraine on combating unlawful acquisitions and takeovers", developed by State Committee, the Government approved at an enlarged meeting on 27 January. "Distribution of unfriendly takeovers ... Read More