The increase in wheat prices was resumed on the world grain market. Prices for a bushel of wheat went up by 2,3% and reached 5.9025 dollars at the Chicago Mercantile Exchange.
French insurance group AXA announced the completion of procedures relating to the purchase of the Romanian insurance company Omniasig Life. According to a press release the group, as a result of this transaction AXA has 100% stake in Romanian insurer.
Who needs a weak yuan? What will the exchange rate between the dollar? Technology companies deftly move production around the world only to find the most favorable conditions for himself. Apparently, now they have to make the next leap forward in this direction. Bank of China on Saturday announced that he intends to continue the reform of exchange rate policy and increase the flexibility of RMB exchange rate. In a statement posted on the bank’s Web site states that the established boundaries of fluctuations yuan (0,5% per day) remain unchanged. At the same time the Central Bank intends “to focus on the reflection of market demand, taking into account a basket of currencies”.
Corruption is not a private know-how in Eastern Europe. Impudent schemes are pushing the very eyes of the amazed public dollars. In accordance with the laws of the United States a penalty for a barrel of oil spill to commercial companies can be from 1400 to 2500 dollars. Each day the platform was destroyed British Petroleum spewing from 1,7 to 2,5 million barrels of oil. Do we not good reason to pick up the calculator and calculate how much is actually worth paying British Petroleum?
Increase of direct foreign investment in Russia and Poland will increase significantly in 2010 following a reduction of revenue in the countries of Central and Eastern Europe in 2009 by half, predicts Vienna Institute for International Economic Studies (WIIW).
As they say, that foreign investors are leaving Ukraine – unreformed economy, political instability, inadequate legal framework, judicial lawlessness – too serious test for foreigners. To confirm or refute these rumors “Browser” asked the executive director of the International Fund blazer Oleg Ustenko and financial expert, Honored Economist of Ukraine Victor Suslov.
Investors are returning to the construction market of Ukraine’s capital. Now comes only foreign investment in Ukrainian real estate, but experience shows, that foreign investors are always bringing up our own. According to Open Knowledge, a group of investors from the UAE have developed and begun to approve a project built 90 (!) Storey skyscraper in Solomenskiy district of the capital of Ukraine.
Volcano in Iceland is not do dangerous now, as it was before. Now from the vent of the volcano is still smoke rising, but the ash is not. According to experts, the minimum activity of the volcano, however, say that the eruption had ended too early.
Flood in Poland led to the deaths of 12 people. According to the Government, police and rescue services have been translated into a stronger version of service. Authorities used helicopters and boats for transporting people from the zone of natural disasters.
Swiss business-school IMD has published its annual rate of competitive countries of the world. According to their researches, the most competitive countries today are Hong Kong and Singapore. It is an unexpected statistics, isn’t it?