You are currently browsing the Business & Financial News weblog archives for November, 2007.
Huge 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 […]
On results of III quarter 2007 the largest in Switzerland Investment bank UBS has written off actives for the sum of 3,4 billion dollars. Such succession of events became full unexpectedness for investors, who could not even assume, that the bank will have so greater losses.
In this connection the management of bank has seriously reflected […]
Trying to lower a level of impurity of air in the country Chinese government has decided to begin with itself and meanwhile has not forbidden, but persistently recommended officials not to buy off-road cars and other cars with the powerful engines bringing the big harm to the environment.
The government of China considers that state employees […]
The South-Korean electronics manufacturer Samsung Electronics Co. is going to spend 2,2 billion dollars to increase manufacture of liquid crystal displays (LCD).
The company has made such decision in connection with increase in demand at given production in the market. The beginning of investments Samsung in manufacture LCD of displays is expected in 2008. In the […]
In Japan the volume of internal sales of cars continues to decrease. In this connection economists predicted manufacture and export reduction. However, these forecasts could not be realized - sharp growth of demand on made in Japan cars, and large Japanese motor-car manufacturers, such as Toyota and Honda worldwide is observed, already plan construction of […]
On 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 […]
The 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 […]
At coming to the end on November, 18th, 2007, III OPEC’s summit Iran and Venezuela - basic critics of the US policy - have offered to pass to currencies basket for establishment of the prices for oil.
Falling of the American currency up to record-breaking low marks in the world markets has already led to sharp […]
At the performance dated for opening of OPEC’s summit (Saudi Arabia) Venezuelan President Hugo Chávez has declared exporters of oil that if the USA will continue to force intensity around of Iran or Venezuela, cost of barrel of oil can fly up to 200 dollars.
Chávez has emphasized that “If the United States was mad enough […]
Falling of dollar has begun still in 2001, but only for the expired period 2007, the American currency has lost about 6,3 %. Nevertheless authorities are not going to interfere into the currency market.
However, experts mark, that if verbal intervention will appear inefficient and the dollar will continue to decrease, the governments of the largest […]
