Ukrainian Globalist

Let us recall the history of the emergence of some of the highest in the world of office buildings. Skyscraper Empire State Building in New York was founded in 1929, Petronas Twin Towers in Kuala Lumpur began building in 1993, the Shanghai Construction Dzhaylin tower began in 1995 at the end of 1980 it looked as though half of Tokyo has been blocked with a massive crane. By mid-1990′s. Many of these cranes have moved to Shanghai and Beijing.

(more…)

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”.

(more…)

Just a timid guy… Timothy Geithner (U.S. Treasury Secretary) is known as a rather timid and indecisive accuser. But the upcoming election for Congress and the Democratic Party ordered him to act – to try to criticize China over alleged unfair methods of export subsidies by an undervalued yuan. Geithner did its job in a spirit of intellectual timidity, trying to persuade China, as infants are forced to eat porridge.

(more…)

Dow Jones Industrial Average was unable to oppose anything bearish trend. Bears take control trading in their paws. Brokers reduce the volume of trades at the outset. Positive statistics are not played a decisive role in the auction in the last day of the week. Now Dow Jones Industrial Average is losing 27.82 points (-0.27%). Dow Index continues trading on the stock market at around 10,230.00 points.

(more…)

Gold prices were more stable than oil prices. Quotes of the oil market on Thursday, May 27 closed a record increase in prices to a two-week peak against the more optimistic investors in the global recovery. On the New York Stock Exchange New York Mercantile Exchange price of July futures for petroleum of mark Light Sweet rose by 3.04, or 4.3%, and its price was 74.55 dollars per barrel. At the exchange InterContinental Exchange Futures Europe in London, Brent crude futures price rose 2.92, or 4.1%, to 74.66 dollars per barrel.

(more…)

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?

(more…)

Earthquake in Indonesia, which occurred the day before, could cause a tsunami. Magnitude of the past near the coast of Indonesia earthquake exceeded magnitude 7.4 – was told by seismologists. A tsunami that may occur as a result of the earthquake is a threat not only for Indonesia but also for Malaysia.

(more…)

According to the data of Egyptian Ministry of interior Egyptian police has arrested three persons suspected in murdering six Copts and one Muslim policeman on Christmas night. Three Muslims have found themselves guilty in killing seven people and given up to the police.

(more…)