Ukrainian Globalist

Fitch Ratings upgraded the sovereign long-term issuer default ratings of Ukraine in foreign and national currency from level «B-» to «B» today. The outlook on the long-term – “Stable”. It is reported by Fitch Ratings.

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Dow Jones Industrial Average fell victim to a combination of circumstances today. Fears about the pace of global growth hit financial markets hard Tuesday, with stocks sliding and investors stampeding into the safety of the dollar and U.S. government bonds. Concerns about euro zone sovereign debt were once again partly driving the weaker sentiment, as the European Central Bank scrambled to reassure markets that Thursday’s expiration of a EUR442 billion bank-lending program won’t destabilize the financial system.

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Gold price set a new record against continuing fears over the economic outlook in Europe on Friday, 18 June. As a result of the regular trading session on the New York Mercantile Exchange, NYMEX, the August futures for gold delivery have risen by 0,8% to $ 1,258.30 per troy ounce.

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Yamaha Motor, the second largest motorcycle manufacturer in the world, plans to double in the next five years the number of stores in India in order to reach consumers in rural areas.

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Eleven-year European Monetary Union, uniting 11 countries, is tested for durability. States, especially Greece, Portugal and Spain, under pressure of markets in reducing deficits and reforming their economies. Politicians ponder over how to rewrite the rules of membership in the euro area, to prevent new crises. The European Central Bank was forced to intervene in the government bond market – in the central bank certainly not dreamed of that will go to such a measure. Euro fell sharply. But is this tension temporary phenomenon? Will Europe’s leaders to improve the situation? Or do they simply destroy the Eurozone? We consider four possible scenarios.

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Market new products added to sufficiently revolutionary invention of Apple, which has both positive and negative aspects. Market introduction of the new invention from Apple – iPad has generated demand for accessories for it. The first, as often happens, in the wake of unmet demand started earning artisans, enthusiasts, now joined by major companies, writes The Wall Street Journal.

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Dow Jones Industrial Average will start today’s trading cautiously after growth in trading yesterday. Dow Jones Industrial rose for the day on +284.54 points (2.85%) yesterday. The index showed not only stability, but also resistance to the negative statistics from different corners of the world. Today’s trading on the U.S. stock market for Dow Jones will begin with a mark of 10,258.99.

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Exchange Rate Euro falls amid concerns investors in Europe. Speculators stopped buying euro worldwide. Toward the close of U.S. session on Tuesday, the euro / dollar rate has updated a minimum of 4 years amid rising concerns that the Eurozone financial institutions are in a much worse situation than assumed.

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News in Ukraine are very sad. The consequences of the collapse of the euro in Greece will affect Ukraine, – stated Deputy Director of the Institute of World Economy and International Relations Valery Novitsky. “Firstly, the interest of Ukraine to the EU will decrease. Because the euro area today is the yoke for the EU itself. Secondly, there is a tendency to decline in the euro. Today they predict that dollars and euro rate will be 1:1. Both currencies are beaten for mercy, and to whose mercy people will be stronger, and it will win, “- said the expert.

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The judge of National Court of Spain Eloy Velasco has accused the government of Venezuela of cooperation with Basque separatist group ETA and militants of Revolutionary Armed Forces of Colombia (RAFC). Many West countries recognized ETA and RAFC terrorist organizations.

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