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Ruling Party Firm on 30% Threshold for Mayoral Election | IMF Managing Director Dominique Strauss-Kahn Names Siddharth Tiwari as Secretary of the Fund


Saturday, November 21, 2009
News Making Money

Ukraine: large harvest of grains and decrease of sale prices lowered inflation in September

04/11/2009 13:37 (17 Day 00:20 minutes ago)

The FINANCIAL -- The high harvest results of grains in the current year and continuation of the tendency of the decrease of sale prices of agricultural products became the factors, hindering inflation development in September, declared Bogdan Danilishin, the Minister of Economics of Ukraine .

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During January-August, the index of sale prices of agricultural products totaled 85% compared to the same period of 2008, including plant growing products – 74%.

 

During eight months, the average sale prices of agricultural products totaled: grains – 756.1 UAH/t (a decrease of 17.3% compared to the same period of 2008), sunflower seed – 1808.8 UAH/t (down 47.9%).

 

Besides, negative growth rates of monetary aggregates (in September, money quantity lowered by 1.4 bln UAH, or 0.3%, from the beginning of year – by 46.1 bln UAH, or 8.9%), cash volumes in circulation decreased by 0.3 bln UAH, or 0.2% (in 2009 – by 5.9 bln UAH, or 3.8%), and the decrease of consumer crediting and realization of the general antiinflationary measures of the government and the National bank restrained inflation processes in the country.

 

 

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Politics
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (00:03 minutes ago)

The FINANCIAL -- According to Civil Georgia, the ruling party has already compromised on number of key electoral issues, including on rule of electing Tbilisi mayor and now expects the Alliance for Georgia to reciprocate and agree on 30% threshold for electing the capital city’s mayor, a senior ruling party lawmaker said on November 20.

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World News
U.S. to send expert group to N.Korea ahead of envoy's visit

21/11/2009 13:51 (00:06 minutes ago)

The FINANCIAL -- According to RIA Novosti, the United States will send a group of experts on Korean affairs to North Korea on November 21 for talks on the country's nuclear program, ahead of a visit by Washington's envoy, Yonhap news agency said.

Americans Have Very Different Attitudes to Different Countries in, or Near the Middle East

21/11/2009 13:05 (00:52 minutes ago)

The FINANCIAL -- Americans may not be known for being good at geography or history, but they do have very different opinions of different countries, including countries in or near to the Middle East.

UN panel criticizes Iran over post-election crackdown

21/11/2009 12:16 (01:41 minutes ago)

The FINANCIAL -- According to RIA Novosti, the UN General Assembly's human rights committee has passed a resolution condemning the Iranian government for the crackdown on protests following the June presidential election.

Dozens arrested in UC Berkeley protest

21/11/2009 11:39 (02:18 minutes ago)

The FINANCIAL -- Officials say dozens of people occupying a campus building at the University of California, Berkeley, have been arrested. Students had barricaded themselves inside the university to protest budget cuts and steep hikes in student fees.




Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (03:17 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm announces that it has launched a new fixed income index named OMRX All Index, which will act as a benchmark for the Swedish bond and money markets.

TRAVEL BIZ
Carlson Hotels Appoints Michael Hutchins as Vice President of Development for Radisson Hotels & Reso

21/11/2009 11:16 (02:41 minutes ago)

The FINANCIAL -- Carlson Hotels Worldwide on November 20 announced the appointment of Michael Hutchins to the position of vice president of development for Radisson Hotels & Resorts for the Eastern United States and Canada. Radisson is the flagship, full-service brand for the hotel division.

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Oil&Auto
All-new Kia Soul awarded 2010 'Top Safety Pick' by Insurance Institute for Highway Safety in the U.S

21/11/2009 13:01 (00:56 minutes ago)

The FINANCIAL -- Further exemplifying its exceptional quality and safety, the 2010 Kia Soul has yet again been recognized by the Insurance Institute for Highway Safety (IIHS) in the U.S. and been given a 2010 'Top Safety Pick' award for the second consecutive time this year in the Small Car category.

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INSURANCE
ING restructuring plan approved by European Commission

19/11/2009 12:39 (2 Day 01:18 minutes ago)

The FINANCIAL -- ING announced on November 18 that the European Commission has formally approved the restructuring plan submitted by ING .

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