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- S&P sees Poland's GDP growth at 3-4% in mid-term, need of reforms to boost it
Standard & Poor's Ratings Services forecasts Poland's GDP growth at 3-4% over the medium term, based on solid private consumption and robust private and EU-funded investment.Переслать - Russian President Dmitry Medvedev: Russia's WTO membership will help liberalize trade and investments
Russian President Dmitry Medvedev is confident that Russia's entry into the World Trade Organization (WTO) will contribute to liberalizing trade and investment.Переслать - US unemployment rate drops to 9.0%
The US unemployment rate ticked down slightly to 9.0 percent last month, the Labor Department reported Friday, adding that a modest 80,000 jobs were created, AFP reported.Переслать - Ukraine. Banks permitted to write off bad debts
The State Tax Service has granted banks the right to deduct through insurance reserve debts deemed uncollectible in accordance with legal acts of the National Bank of Ukraine (NBU).Переслать - Banks boost financing of economy
In the first nine months of 2011 the total amount of loan resources provided by banks to the economy of Ukraine, as of the end of September 2011, increased in comparison with the beginning of the year by 9.3% or UAH 67.6 billion, amounting to UAH 791.6 billion (USD 1 - UAH 7.98).Переслать - Russia Gets Fruity As Largest Importer of Apples and Pears
The U.S. Department of Agriculture has announced that Russia became the world's number one importer of apples and pears in the 2010 marketing year, a trend that is likely to continue throughout 2011, as the country trends towards healthy eating.Переслать - G20 leaders focus on steps to boost global growth
G20 leaders on Friday wrapped up a two-day summit with a renewed focus on how to boost the global economy, top Kremlin economic advisor Arkady Dvorkovich said.Переслать - ASTARTA succeeds in selling carbon credits under Kyoto protocol
In February 2009, ASTARTA concluded an agreement with Carbon Fund of the European bank of reconstruction and development (EBRD) and European Investment bank to sell Emission Reduction Units under Kyoto protocol. The agreement is the result of implementation of an integrated energy saving program, financed by EBRD and retained earnings of the Group. Significant decrease of energy consumption at ASTARTA's sugar plants allowed increasing their efficiency as well as significantly reducing emissions.Переслать - Bahmatyuk will sell 15-20% of "Ukrlandfarming"
Bahmatyuk will sell 15-20% of "Ukrlandfarming", which operates on 450-500 thousands hectares of land. Companies' shares will be sold to a limited number of companies "private placement".Переслать - Papandreou canceled referendum, EBRD cut interest rates, stocks up
Stocks up Thursday, November 3rd as Greek government re-thought its plan on a referendum and European Bank of Reconstruction and Development cut interest rates in order to make loans more available during instability in the Eurozone.Переслать - PepsiCo Swaps Bottling Business in China as It Plays Catchup to Coca-Cola
PepsiCo Inc. will exchange its bottling operations in China for a stake in the beverage business of Tingyi (Cayman Islands) Holding Corp. in an effort to narrow the gap with Coca-Cola Co. (KO) in the world's fastest- growing beverage market.Переслать - Net income of Kraft Foods decreased by 24.5% during 9 months of 2011
Net income of Kraft Foods, second largest food manufacturer (after Nestle) decreased by 24.5% during 9 months of 2011 to USD 2.697 BN compared to the same period of 2010. Revenues for 9 months of 2011 rose 12% and totaled USD 39.667 BN in comparison with USD 35.434 BN for 2010.Переслать - UAIndex. Changes of Ukrainian agro holdings quotations on World Stock Exchanges, November 03, 2011
On Thursday, November 3rd, UAIndex rose by +0.21%, ending the trading session with 4002,29 as referendum in Greece was canceled, EBRD cut interest rates and Bahmatyuk, owner of Ukralandfarming and Astarta announced private placement of shares.Переслать - Daily Trading of Ukrainian Agricultural Companies' Shares on International Stock Markets (03.11.2011, closing) Trading
Daily Trading of Ukrainian Agricultural Companies' Shares on International Stock MarketsПереслать - Belarus to resume WTO entry talks within months
Belarus will continue negotiations for acceding to the World Trade Organization within the next few months, said Belarusian Deputy Foreign Minister Alexander Guryanov at the international roundtable session "Accession to the WTO and the regional integration as instruments to enter a multilateral trade system" on 3 November.Переслать - Bunge to Make First Investment in Oil Palm Industry
Bunge Agribusiness Singapore Pte. Ltd, a wholly owned subsidiary of Bunge Limited (NYSE: BG), today announced that it intends to form a joint venture with PT Bumiraya Investindo ("BRI"), the Indonesian palm plantation subsidiary of PT Tiga Pilar Sejahtera Food Tbk ("TPS Food"). This would be Bunge's first investment in the palm oil industry.Переслать - Brazil's GDP to grow 3.2 pct this year
Brazil's Gross Domestic Product (GDP) will grow 3.2 percent in 2011, a report released by Brazilian Banking Federation (Febraban) said Thursday, Xinhua informs.Переслать - Australia fears impact of Europe crisis; lowers growth forecast
Australia's central bank on Friday warned that financial turmoil in Europe could drag the country's resource-led economy lower, as it cut forecasts for domestic growth and inflation.Переслать - China C. Bank Adviser Says GDP Growth May Ease To 8.5% In 2012: Reports
China's economic growth may slow to 8.5 percent next year, reports said Friday quoting Li Daokui, an adviser to the People's Bank of China.Переслать - Emerging giants pressure EU, China, Russia dangle aid
Emerging giants pressured EU countries at the G20 on Thursday to solve their debt crisis, with Beijing dangling $100 billion in rescue funds if the eurozone guarantees its bailout will work.Переслать - Belarus-Turkey relations advancing fast
Belarus-Turkey trade and economic relations are expanding remarkably fast, Foreign Minister of Belarus Sergei Martynov said following a session of the Belarus-Turkey intergovernmental economic commission on 3 November, BelTA has learnt.Переслать - G20 leaders confront eurozone debt crisis
The leaders of the world's most powerful economies confronted a new financial crisis Thursday as they began a G20 summit with markets plummeting and Greece facing a forced exit from the euro.Переслать - Danish Economic Growth Forecast To Slow In 2012
Denmark's economic growth is forecast to slow for the second consecutive year in 2012, the Economic Council said Thursday.Переслать - ECB Cuts Rates As Eurozone Braces For Possible Greek Exit
The European Central Bank lowered its interest rates on Thursday in a surprise move as the possibility of Greece leaving the single currency block increases.Переслать - Kaskiv: State investment agency signs USD 3.7 b worth of memorandums for 2012
The State Agency for Investments and Management of National Projects of Ukraine has signed memorandums worth USD 3.7 billion, which are to be implemented in 2012, the agency's head, Vladyslav Kaskiv, has said in an exclusive interview with UKRINFORM.Переслать - Ukrainian winemakers boost production, exports
Ukrainian winemakers have increased for the first 9 months of the year wine exports by 23.7% and sold to foreign consumers 970,000 decaliters, according to the State Tax Service, citing data from the Department of Control over the Production and Circulation of Alcohol, Alcoholic Beverages and Tobacco.Переслать - Transition to ruble settlements with Russia would further weaken hryvnia - expert
Only Russia will benefit from payments for gas in the rubles, while Ukraine will suffer from an even greater weakening of the hryvnia and deterioration of cooperation with the IMF, according to an independent energy expert, Oleksandr Narbut.Переслать - Agrogeneration cut its net loss
For the six months of 2011 gross profit of AgroGeneration was EUR 2,19 million against EUR1, 47 million gross loss for the same period in 2010.Переслать - Kernel is planning to construct 6 elevators by 2014
Company's press agency stated that the total capacity of the elevators is set at 400 K of simultaneous storage. Currently company owns elevators with a total capacity of 2.3 M tons of grains.Переслать - Kernel acquired KDD group
KDD group sold 68.2% of shares to the Head of Kernel, Andrey Verevsky. KDD group is known for its construction projects in Kyiv: business center Sky Towers and residential complex PecherSKY. Kdd Group attracted major investment agency Groumon Development.Переслать - Ukraine: Land Law has been approved
On Wednesday, November 2nd Cabinet of Ministers of Ukraine approved initiation of new Land Law which is supposed to enable purchase and sale of land in order to create legal land market. Ukrainian agro-holdings performed well acquisitions occur even during such an unstable period in world economy.Переслать - Greece finds itself in a "peculiar" situation, stocks down
Referendum in Greece is scheduled for the beginning of December and it is turning eventually into the decision whether Greece remains member of Eurozone, with the same currency and privileges.Переслать - Only 3% of acreage planted insured in Ukraine
In 2011, 2,694 agricultural insurance agreements were concluded in Ukraine and 769,550 ha were insured, which makes up 3% of acreage planted.Переслать - Russia. What Triggers Capital Flight
Tuesday's announcement by Russia's Central Bank that capital flight will double to $70 billion this year is a stark reality check for the Kremlin, which has been making frantic efforts in recent months to improve the country's investment climate. The regulator said it arrived at the new figures after it firmed up a new draft of the country's monetary lending policy for 2012 through 2014. The original draft, which was prepared in early October, predicted an increase in capital outflows of just $36 billion.Переслать - Oil prices – NYMEX, ICE
On November 02, 2011 oil price on New York stock exchange has increased by $0,32 to $92,51 per barrel.Переслать - Daily Trading of Ukrainian Agricultural Companies' Shares on International Stock Markets (02.11.2011, closing)
Daily Trading of Ukrainian Agricultural Companies' Shares on International Stock MarketsПереслать - UAIndex. Changes of Ukrainian agro holdings quotations on World Stock Exchanges, November 02, 2011
On Wednesday, November 2nd UAIndex fell by -0.75%, ending the trading session with 3993,99. Uncertainty brought by Greece's decision to hold referendum still has its effect of performance of stocks and indices.Переслать - Russia clears final hurdle to joining WTO
Russia has reached agreement with Georgia on terms for entering the World Trade Organisation, clearing the final hurdle in a deal that could see it join the body by December after 18 years of talks, the country's top trade negotiator said.Переслать - China refuses to commit to EFSF amid Greek concerns
China has said it cannot commit to investing in the European Financial Stability Fund (EFSF) until the situation with Greece has been clarified.Переслать - Kaskiv: Ukraine raises $5.3 billion of direct investment in 2011
Ukraine this year has raised $5.3 billion in direct investment, while it planned to attract $7.5 billion, Chairman of the State Agency for Investment and National Projects Management (Ukrnatsproekt), Vladyslav Kaskiv, said at a government's meeting on Wednesday.Переслать - Russia. Duma moves to ease rules on foreign investment in strategic sectors
The Russian State Duma, the lower house of parliament, passed in a third and final reading on Tuesday a bill which eliminates some administrative barriers for foreign businessmen who want to invest in strategic sectors of the economy.Переслать - IMF allocates Georgia a loan "for emergencies"
Specialists of the International Monetary Fund decided to allocate Georgia a new credit line. According to "Business-Georgia", this information was released yesterday at a briefing to reporters by the head of Georgian Offices of IMF Edward Gardner, on the results of a two-week mission's visit to Sakartvelo. According to Gardner, within two weeks, they have held talks with the Georgian government in connection with credit line.Переслать - Crisis dealt a double blow to Georgia
According to the International Monetary Fund (IMF), the global economic crisis has affected Georgia twice. According to "Business-Georgia", the representative of the IMF in Sakartvelo Edward Gardner stated this. He believes that economic crisis has dealt double impact on Georgia.Переслать - In 2011, the trade turnover between Ukraine and France has increased by almost 40 percent
The trade turnover between Ukraine and France has tended to rise, and this year it was increased by 38 percent and has totaled $ 1.5 billion. This was underlined by the Chairman the State Customs Service Igor Kalyetnik during a meeting with the Ambassador Extraordinary and Plenipotentiary of the French Republic to Ukraine Jacques Faure who has completed his three-year diplomatic mission.Переслать - Ukraine's land market bill raises concerns, says World Bank director
Ukraine's proposed land market bill, which includes lifting a moratorium on the sale of farmland, raises some concerns at the World Bank, Martin Raiser, World Bank Director for Ukraine, Belarus and Moldova, wrote in an opinion column published in the Mirror Weekly Ukraine.Переслать - Belarus-Ukraine trade hits $4.4bn in January-September
In January-September 2011 the trade between Belarus and Ukraine almost reached the 2010 level, making up $4.439 billion, BelTA learnt from the trade and economic group of the Belarusian embassy in Ukraine.Переслать - Daily Trading of Ukrainian Agricultural Companies' Shares on International Stock Markets (01.11.2011, closing)
Daily Trading of Ukrainian Agricultural Companies' Shares on International Stock MarketsПереслать - UAIndex. Changes of Ukrainian agro holdings quotations on World Stock Exchanges, November 01, 2011
On Tuesday, November 1st UAIndex fell by -0.75%, ending the trading session with 4033,53.Переслать - Wheat prices – CME (CBOT)
On November 01, 2011 the cost of wheat on Chicago stock exchange has increased by $0,66 to $231,48 per ton.Переслать - Corn prices – CME (CBOT)
On November 01, 2011 the cost of corn on Chicago stock exchange has increased by $2,83 to $257,56 per ton.Переслать
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