Archive for 'Globalization'
Asia will use cheaper oil
13 February 2008Asian oil refining factories gradually pass to use of high-sulfur crude oil, which is considered cheaper and less suitable for gasoline manufacture. It is supposed, that in the near future Asian refining factories will increase volumes of processing of this kind of oil on 40 %.
Moreover, experts assure, that in the nearest decade demand for […]
G7: ministers of Finance have called to increase volumes of oil extracting
11 February 2008Ministers of Finance of G7 countries have called world oil exporters to increase volume of oil extracting. According to the information, containing in the communiqué, the rise in prices on oil reflects increase demand for it in the world.
Representatives of G7 countries have emphasized necessity of increase in productivity of oil refining factories and more […]
Fitch predicts difficulties for the European industry
31 January 2008In the report published on January, 30th, 2008, international rating agency Fitch Ratings marks that the general forecast on ratings of the European industrial companies will be stable.
At the same time such branches as manufacture of automobile accessories, construction of habitation in the Western Europe, the paper and wood industry, and also manufacture of building […]
US crisis will manage in $143 billion
28 January 2008Banks all over the world will require143 billion dollars of the additional capital for a covering of the losses connected with the American credit crisis. Such conclusion has been made by analysts of British bank Barclays.
As experts have noted, financial ratings of the world insurance companies, that will render double influence on banks in the […]
Japanese companies will create the joint venture on LCD displays manufacture
13 January 2008Japanese companies Matsushita Electric Industrial, Hitachi and Canon create joint venture on manufacture of liquid crystal displays. I n the curse of project Hitachi will lower the share in division Hitachi Displays to 50,2 %, and Matsushita and Canon will receive on 24,9 % in the enterprise.
The agreement between three companies also means that Matsushita […]
Europe will depend on Russian oil
19 December 2007According to last data, significant reduction of oil recovery Brent at Northern sea shelf is planned already in 2010. Till 2012 volumes of oil, extracted in this region, will decrease up to 3,66 million barr./day and up to 2,7 million barr./day in 2020.
Analysts mark that these forecasts speak only about one tendency -very the Europe […]
Rio Tinto: BHP underestimates us
2 December 2007Market cost of one of leading world mining companies Rio Tinto Ltd. remains above the offer competing BHP Billiton Ltd. about merge for 138 billion dollars.
Rio Tinto’s managers say that the market estimates them considerably above the offer which they have refused. Thus it has not been specified what the market cost of the company […]
China and Persian Gulf countries will rescue US economy
30 November 2007Huge inflow of investments from state investing funds of China and countries of Persian Gulf can rescue going to pieces economy of the USA, which till now cannot recover from August credit crisis.
Though the West has always with care concerned to funds of these states, financing from developing countries in bank, financial and broker branches […]
Gold becomes cheaper
22 November 2007On a background of the weakening dollar, the growing prices for oil and fears concerning the further negative consequences of credit crisis more and more investors are investing in gold, the price on which can bring rather quite good dividends now.
However, so sharp inflow of the speculative capital has already led to that the prices […]
Reduction of prices for copper - is the temporary phenomenon
21 November 2007The credit crisis, which has burst in the USA in August 2007, has shaken the markets and has created threat of world financial system default. This situation has in not the best image affected the industrial metals’ market.
The investors, who have enclosed the money in copper, have already started to set panic - for last […]
