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Saturday, November 21, 2009
News Making Money

Ukraine: poor condition of rapeseed sowings

06/11/2009 13:35 (14 Day 22:02 minutes ago)

The FINANCIAL -- Nearly 30% of winter rapeseed seedlings in Ukraine show weak and thinned condition, declared Ivan Demchak, the Deputy Minister of Agrarian Policy. According to him, only 75% of winter rapeseed sowings from 1.4 mln ha of initial sowing areas received rapeseed seedlings.

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The weather conditions of the first autumn months in Ukraine lowered growing potential of winter grains. The deficit of precipitations at all territory of Ukraine caused the slowdown of field sowing works, and made agrarians to correct own plans. For example, the company “Ukrzernoprom”, the large-scale producer of rapeseed in Ukraine , lowered rapeseed sowing areas for the harvest-2010 by 8.5% (or 5 thsd ha – to 54 thsd ha) compared to the previous year sowing areas, due to the weather conditions.

 

The influence of the weather factor became stronger due to the savings on agricultural technologies because of the financial crisis.

 

In 2009, the general oilseed production in Ukraine is expected at the level of nearly 9 mln tonnes, including 6.1 mln tonnes of sunflower, 1.89 mln tonnes of rapeseed, 950 thsd tonnes of soybean. In 2009, the sowing areas of sunflower totaled 4.16 mln ha, rapeseed areas – 1.4 mln ha, soybean – 600 thsd ha.

 

 

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Politics
Biden Calls for Fulfilling Promises of Rose Revolution

20/11/2009 12:35 (23:02 minutes ago)

The FINANCIAL -- According to Civil Georgia, U.S. Vice President Joe Biden called President Saakashvili on November 18 to discuss democratic reform in Georgia and to reiterate the United States’ strong support for Georgia’s sovereignty and territorial integrity, the White House reported.

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World News
Six powers urge Iran to accept UN scheme

21/11/2009 10:35 (01:02 minutes ago)

The FINANCIAL -- According to RIA Novosti, political directors, or deputy foreign ministers, from Russia, the U.S., the U.K., China, Germany and France held talks in Brussels on November 20 urging Iran to agree to a UN-proposed scheme.

Indian PM to start official visit to United States

21/11/2009 10:32 (01:05 minutes ago)

The FINANCIAL -- NEW DELHI, Indian Prime Minister Manmohan Singh is starting his official visit to the United States on November 21, the Indian Foreign Ministry said.

WHO reports 525,000 swine flu cases worldwide

21/11/2009 10:25 (01:12 minutes ago)

The FINANCIAL -- According to RIA Novosti, the total number of officially confirmed swine flu cases has exceeded 525,000 worldwide, with about 6,750 fatalities, the World Health Organization reported on November 20.

Afghanistan: Pessimism and Criticism of President Both Increase

20/11/2009 15:07 (20:30 minutes ago)

The FINANCIAL -- A new Harris Poll finds that a 2-to-1 majority now gives President Obama negative ratings on his handling of Afghanistan, a six-point increase in his critics over the last two months.




Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (00:57 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 (00:21 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
Valero Corner Stores reach new heights for CMN

21/11/2009 10:44 (00:53 minutes ago)

The FINANCIAL -- Valero Retail has a stellar new fundraising total for the Children's Miracle Network.

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INSURANCE
ING restructuring plan approved by European Commission

19/11/2009 12:39 (1 Day 22:58 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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