You are currently browsing the Business & Financial News weblog archives for March, 2007.

American banks are getting rid of credits

To sell the credit - means to survive. So some hypothec companies of the USA are now acting. In experts’ opinion, creditors in many respects are guilty in a crisis situation in the market. Delivery of money to the citizens, unable to provide the duty - is a way to a precipice. Rescue is seen […]

The European Union has prolonged sanctions against Belarus for a year

The EU Council has prolonged sanctions concerning Belarus till April, 10th, 2008. The representative of the EU’s  mass-media service has informed that the Council has made a decision concerning prolongation of restrictions on entrance and freezing of the accounts entered in the past to year concerning separate representatives of authorities of Belarus, in view of […]

Angelina Merkel insists on economic union between the EU and the USA

The European Union and the USA should unite economic power. Such information has been declared today by German Chancellor Angela Merkel at the international conference on transatlantic partnership.
From Merkel’s point of view ( of the head of the government of Germany is presiding in the European Union)  joint activity of business-structures of the Europe, the […]

If the prices for oil fall, OPEC will take new emergency measures

The Iranian Oil Minister Kazem Vaziri-Hamaneh has declared that in case of falling of the world prices for oil the Organization of Petroleum Exporting Countries (OPEC) will lead an emergency meeting and will take new measures.
Thus he has added that if the prices for oil will be kept at an operating level, OPEC will not […]

Portugal has approved merge of banks for 4, 3 billion euro

Antimonopoly bodies of Portugal have approved prospective purchase of Italian Banco BPI by the Portuguese Millennium BCP bank for 4, 3 billion euro. In such way the authorities have confirmed the preliminary, decision accepted in the beginning of March 2007.
The agreement, representing hostile absorption, can be arranged at observance of some “terms and obligations”. So, […]

UNO’s resolution gives 60 days to Iran 60 on settlement of all requirements

The project of the new resolution across Iran, brought into the UN Security Council, calls Teheran to execute immediately requirements of the previous resolution number 1737, the main thing of which is a suspension of enrichment of uranium. The text of the document, coordinated by the “six” (Russia, the USA, China, France, the Great Britain […]

Aston Martin is sold to Arabs

Ford has found the buyer for Aston Martin. Contrary to hearings that the legendary British company the French manufacturer of the goods of a premium-class will buy Louis Vuitton, Aston Martin has been sold to Englishmen. According to the official version - now Aston Martin is in the Arabian sheikhs’ possession.
Last year Ford, which now […]

The Europe will judge Apple for music

Representatives of Eurocommission have scarified system of protection against the copying, used by Apple at sale music on the Internet. Now the business concerns only penalties, however a number of countries can start proceedings against the company. Nevertheless, Apple tries to shift the responsibility on Sony BMG, EMI, Universal and Warner.
The eurocommissioner on protection of […]

Atomic banknotes

From now the Iranians have an opportunity to join the national nuclear program. The Central Bank of Republic has entered into the reference a new banknote with a symbol of atomic engineering.
The symbol is placed on a denomination in fifty thousand rials - the largest one in Iran, though in recalculation it is only five […]

The illusory plan

Negotiations in the Vein on Kosovo have almost failed. Such announcement was made by the U.N. Secretary-General’s special envoy Martti Ahtisaari, whose plan of settle whose plan of settlement has been presented for Saturday discussion. It was last chance to come to the compromise, and now the destiny of edge will be solved by the […]