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- IMF reviews key principles
The International Monetary Fund is shifting its priorities to meet new economic realities. The recent economic crisis demonstrated that liberalization of the capital market which the IMF policies were based on do nothing to guarantee financial and economic stability and predictability. Such a drastic shift in priorities suggests the coming into being of a new IMF under the leadership of Dominuque Strauss-Kahn.Переслать - 2010 German investments in Russia top $10 bln
Last year Germany invested more than $10 billion dollars into the Russian economy.Переслать - China to raise bank reserve requirement ratio
China's central bank on Thursday said it would raise the amount of money that lenders must keep in reserve as official concerns persist over inflation and rising housing costs.Переслать - IMF predicts inflation in Ukraine in 2011 at 9.2%, GDP growth at 4.5%
Inflation in Ukraine in 2011 will be 9.2%, however, in 2012 it will decline to 8.3%, according to a report by the International Monetary Fund (IMF), entitled "Regional Economic Outlook: Europe. Strengthening the Recovery," posted on its website on Thursday.Переслать - Spanish olive oil glut
In a story from the FT we read that Spanish farmers face serious problems as a result of failures in the financial system. As a result of problems in obtaining commercial credit, the farmers are forced to sell all there reserve olive oil. The knock on effect is being felt throughout the Mediterranean as large volume sales are driving down prices and if the trend continues might reach the level of refined sunflower oil.Переслать - Criminal charges against illegal government land sale
The prosecutor general in Crimea started criminal proceedings against Massandra for illegally selling 25 hectares of government land. The company known in Ukraine for its wines is worth much less than the land it controls on behalf of the public.Переслать - Carlsberg Operating Profit Jumps 38%
Carlsberg A/S, the world's fourth- largest brewer, reported a 38 percent increase in first-quarter operating profit, helped by a rebound in Russia's beer market.Переслать - Myronivsky Hliboproduct cuts profit by 46%
Net profit of Myronivsky Hliboproduct reduced in Q1 2011 against the same period of 2010 by 46% tо USD 19 million, the company statement reads, published on the website of the London Stock Exchange.Переслать - Wheat prices - CBOT
On May 11, 2011 the cost of wheat on Chicago stock exchange has decreased by $14,55 to $278,88 per ton.Переслать - Corn prices - CBOT
On May 11, 2011 the cost of corn on Chicago stock exchange has decreased by $11,81 to $266,61 per ton.Переслать - Soybeans prices - CBOT
On May 11, 2011 the cost of soybeans on Chicago stock exchange has decreased by 6,4 cents to 1331,6 cents per bushel.Переслать - UAIndex. Changes of Ukrainian agro holdings quotations on World Stock Exchanges, May 11, 2011
On Wednesday, May 11 the UAIndex increased significantly supported by growing stock value of the majority of Ukrainian agri holdings. MHP showed the best performance. Its stock value increased by 2.5%.Переслать - Food inflation drops to 18-month low of 7.7%
Food inflation dropped to 7.7% for the week ended April 30, the lowest level in 18 months, due to a fall in the price of pulses and vegetables, especially potatoes.Переслать - Eurobank EFG Grows More Optimistic about Bulgarian Economy in 2011
Переслать - EU Ministers Mull Schengen Future
The ministers of interior and justice from the European Union Member States are holding an emergency meeting in Brussels Thursday, dedicated to the future of the Schengen zone.Переслать - IMF lowers 2011 GDP growth forecast for Poland by 0.1pp to 3.7%
Poland's economic growth will likely amount to 3.7% in 2011 and to 3.9% in 2012, according to the International Monetary Fund's (IMF) forecasts cited by the economy ministry after the IMF mission's visit to the ministry.Переслать - More than one billion tons of food wasted every year: UN
About a third of all the food produced for human consumption each year – or roughly 1.3 billion tons – is lost or wasted, according to a new study commissioned by the United Nations Food and Agriculture Organization (FAO).Переслать - Belarus Economic Crisis Deepens as Currency Plunges
An economic crisis in Belarus deepened Wednesday when its currency plunged in value after the Central Bank lifted restrictions on the exchange rate.Переслать - Crude oil prices plunge on demand worries
Crude oil prices dived Wednesday amid signs of slowing demand in the United States and China and a rise in the dollar.Переслать - India warns growth likely to undershoot 9% goal
India's finance minister warned on Wednesday that economic growth will probably miss the government's nine percent target as rising commodity prices, especially oil, and stubborn inflation slow activity.Переслать - IEA cuts outlook for global oil demand
The International Energy Agency (IEA) cut its outlook for global oil demand by 190,000 barrels per day on Thursday because of high prices and unexpectedly weak growth in rich countries.Переслать - Australia and India launch free trade talks
Australia and India launched talks Thursday on establishing a Free Trade Agreement (FTA) aimed at greater economic integration between the two countries.Переслать - IMF sees solid European growth in next two years
Europe's economic recovery is solid, especially in eastern regions, despite threats from inflation and tension in peripheral states, the International Monetary Fund said Thursday.Переслать - Lytvytsky: Ukrainian economy further moving from recovery to expansion
In the first quarter 2011 economic recovery in Ukraine has acquired a new impetus. Valeriy Lytvytsky, the head of the group of advisers to the governor of the National Bank of Ukraine (NBU), said at a press conference at UKRINFORM on Wednesday that GDP growth is estimated at 5-6%, which is higher that in the like period last year (4.8%).Переслать
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