Archive for 'Finance'
American bankers: Credit crisis can repeat
25 October 2007On the eve investment bank Merrill Lynch&Co has promulgated the financial reporting for III quarter 2007, which has appeared rather unfavorable.
It is spoken in the document that the bank has written off actives for the sum of 7,9 billion dollars under the bonds, provided by hypothecary credits, and also to the credit derivatives, which have […]
The medicinal market expects large investments
23 October 2007Crisis of credits of subprime level, which has created threat of world financial system default and has led to instability in many markets, has very negatively affected profit of many enterprises. In this connection investors now are anxious by searches of the companies which actions, on the one hand, would be not especially risky, and […]
Great Britain has refused from euro
21 October 2007The Great Britain does not plan to enter common all-European currency euro. Such application has been made by the prime minister of the Great Britain Gordon Brown at press conference after end of the two-day summit of EU in Lissabon.
As it has become known, Brown’s predecessor ex-Prime-Minister Tony Blair has repeatedly emphasized on opportunity of […]
European bank market has overcome a threshold in 1 billion euro
11 September 2007The currency of all banks in Central and the East Europe has grown on 28 % and has made more than 1 billion euro. Serbia shows the promptest growth (51 %). The tendency of long-term growth is being kept. In analysts’ opinion, by the end of 2011 the main parameters of the market will be […]
In the II quarter 2007 gross national product in the EU countries has grown on 0,3 %
5 September 2007On final data, the internal total product of 13 countries entering into a zone of the European Union (EU), in II quarter 2007 has grown on 0,3 % in comparison with I quarter 2007. Thus, the forecast published on August, 14th, 2007, has been completely proved.
In annual report the gross national product of the Eurozone […]
Russia has gained a new record on volume of gold and exchange currency reserves
26 July 2007On July, 20th the volume of gold and exchange currency reserves of Bank of Russia has reached 413,1 billion dollars. Such information has been represented in the message of Central Bank’s department on the external and public relations. It is the first record parameter on size of gold and exchange stocks for all USSR history […]
Turkey is going to take $6 billion credit
3 July 2007Minister of Economics of Turkey has declared that the country negotiates with the World Bank for the strategic program assuming granting of the credit at a rate of 6 billion of dollars.
As he said, this program calculated on 2008-2011 and it is aimed at solving problems of increase of competitiveness of the Turkish companies and […]
Trade balance of Russia has decreased on 18 %
2 July 2007In January-May 2007, positive tendency of Russia’s trading balance has decreased on 18,6 % in comparison with January-May 2006 and has made 51,5 billion dollars Such data are resulted in monitoring a current situation in economy of the Russian Federation for January-May 2007, prepared by Russian foreign Trade Ministry.
According to an estimation of the ministry, […]
US pure capital inflow has grown in 3 times in April
15 June 2007In April 2007, US pure capital inflow has grown more than in 3 times - up to 111,8 billion dollars against 30,1 billion dollars, comparing to March, 2007. Such data has been represented in the US Ministry of Finance’s materials. Earlier it was informed, that in March, 2007, pure capital inflow to the USA made […]
E&Y: the Russian Federation becomes the leading player on a world scene
10 June 2007According to researches of the auditor company Ernst&Young, 70 % of foreign investors are assured that Russia will become the leading player on a world card. Such application has been made during plenary session in the context of XI Petersburg economic forum by chairman and the general manager director of the company.
As it has been […]
