Forecasts of analysts: the coming days will be for the market test

Russian MICEX index went up to the beginning of a new week just above the key mark of 1300 points, which either will surely be over, or perform resistance, inhibiting further growth of the market. On Monday, the intrigue may persist in the light of the fact that the decoupling on the background of the lack of exchange session on 31 May in the United States in connection with the Memorial Day faces increasing volatility trades in Russia. The beginning of the coming week promises to be difficult for the Russian market, but in general, forecasts of the experts are optimistic. As noted by the chief of analytical department of IC Zerich Capital Management Nicholas Podlevskikh next week, optimism in the market can survive. Since the beginning of the month is traditionally expected influx of liquidity. However, the brightest events are expected. "Will be the annual meeting of shareholders, most of which will be held at the end of the month. The coming week's meeting will be held in the Savings Bank and the NCSP. It may be noted planned for the coming week, beginning the accounting data. Thus, the Integra will provide financial and operating performance for the I quarter of 2010. In addition , released a series of major companies reporting according to international standards: the results for I quarter 2010. on US GAAP present LUKOIL "Comstar" or "Sitronics" IFRS - Wimm-Bill-Dann and VTB. Reporting will be mostly create a moderately positive background "- the expert said. With regard to economic developments of the week, an analyst at Aton Elena Kozhukhova said that on Tuesday the U.S. will be published ISM index of business activity in the manufacturing sector, and on Thursday, along with weekly information on applying for unemployment benefits will be made public a report on employment in private sector company ADP. On this day, there are data on production orders and the ISM index of business activity in non-productive sector. "Friday will be the most interesting day in terms of macro-economic statistics - the U.S. will know the change in unemployment, as well as the number of jobs in non-farm sector in May," - added E. Kozhukhova. Podlevskikh in turn, stressed that the main motive of May - beginning of a new wave of easing of monetary policy emanating mainly from Europe - has yet to find confirmation in dynamic markets. Expected the meeting of the ECB and the Bank of England (10 June), which will be indicated on the continuation of monetary mitigation. According to the expert, from the beginning of the month you can expect the liquidity to markets. The next week is projected to continue growing the previous five-day trading, as well as a correction, because the rebound was too sharp. "We expect that the results coming weeks, most likely, a strong change in the indices will not happen and the market will close for about the same levels as in the previous week", - concluded the expert. However, senior trader on the shares of bank "Zenith" Alexei Surov more reserved about the prospects of the market. According to him, if we consider the fundamental factors, the negative news that have an impact on stock exchanges in recent years, including the debt problems of the eurozone countries, were worthy to be a maximum of correction, but not a trend reversal. It appeared a large number of macroeconomic data and news around the world, which were positive. However, the players filling up the price of fears that the European debt crisis could disrupt the global recovery. Accordingly, the effects of this downturn will be reflected in the statistics in a few months. But until that happens, and perhaps the fall was excessive. In addition, A. Surov notes that estimates of Russia's stock market for cartoonists are quite modest compared, for example, with the U.S. market. This indicates that Russian stocks are undervalued both in relation to the western counterparts, and to its own historical performance. Based on Forecast P / E for the current year, Russia - one of the most overlooked countries in particular, compared with Greece. This type of assessment gives investors who use the value approach, a reason to make choices based on undervaluation. "In recent days, these investors, as well as a significant factor in the availability of liquidity - both Russian and world - have supported the stock indexes," - said a trader. According to him, the Russian stock market on the outgoing week, regained their positions. However, formally it is still in a downtrend - both in the medium and possibly long term. "If in the next two weeks, the market can close above the 1,325 points on the MICEX index, that is above the 200-day moving average, we will say that the long-term trend will not go down. However, while most of the markets is below the 200 -day moving average, which was supported if the market moves down. In early May, to overcome the first time it failed, and markets rebound demonstrated against the News of the creation of the European Union Stabilization Fund. However, at the second attempt, this line was broken on nearly all platforms and now it has become a major resistance level. if it is not passed, the medium-term trend remains downward, "- said the expert. According to the analyst of the Bank of Moscow, Yuri Volova, the next few days will be like for the world's stock markets, as well as for the Russian major test: the rebound with a minimum range of mid-week looks quite decent, and the desire to fix the position at current levels, many market participants can be quite large . Over the next two months, asset manager of the Criminal Code, Maxwell Asset Management George El'tsov expects growth in the Russian market. In his view, the stock indexes can be added to 15-20%. MICEX can rise to the level of 1400 points. Within two or three days the market should be to consolidate the achieved marks. According to G. Yeltsova now choose to buy liquid stocks, including securities of Gazprom and oil companies. Experts expect the rebound in the market of "black gold". However, as noted seylz Promsvyazbank Andrey Pavlenko, any fundamental ideas now on the Russian market there. A little more interesting as a protective securities may be stocks telecom sector. However, the expert believes that the paper "BRIC" may feel some time better than others. "If a majority of the company will change hands, minority shareholders are likely to be made a buyout offer. Given the fact that the current stock price" BRIC "below average over the past year, there is the probability of obtaining a certain margin of difference that exists between current prices and prices that can be declared ", - said A. Pavlenko. According to the head of analytical department of "IT-Invest - Prospect Alexander Potavin, last month and going week showed that the strategy of passive investing, which is characteristic for 2009. Are no longer relevant. "In conditions of high volatility in the markets we must actively manage the trade account, follow the trends keep up, be prompt in making decisions and aggressive in the transactions. In the post-crisis period it is normal commercial practice", - concluded A. Potavin.

Eurobonds continued to grow

At the auction on Friday, May 28, on the Eurobond market is positive dynamics. The outcome of the Russia-28 production reached the mark of 167.125% of face value (yield - 6.418%). Issue-30 Russia, meanwhile rose to 112.31% of face value (yield - 5.421%). Analysts Promsvyazbank fairly conservative estimate the current developments in the market. Two days of purchase on the market until fall within a rebound after a sharp "drawdown". In addition, U.S. indices have not yet overcome the important resistance levels, which in the short term, may again lead to sales in the absence of significant positive news that could support the optimism of investors. According to experts Ingosstrakh-investment ", the first portion of the published statistics on Friday the U.S. was received with pessimism: revenues increased by 0,4%, while costs have not changed; PCE Core in April rose 0.1%, coinciding with the forecast. Before the opening of markets in the U.S. on Friday was marked by high demand for UST: UST-2 - 0.837% per annum (-5 bp), UST-3 - 1.305% per annum (-5 bp), UST-10 - 3,32% pa (-4.4 bp), UST-30 - 4.222% pa (-3.5 bp).

Forbes made a rating of billionaires who are in jail or under investigation

Measured in billions of dollars the state does not guarantee freedom, says the magazine Forbes, published the list of 11 richest people in the world who have been in prison or wanted by the police. In this list, two Russians - Mikhail Khodorkovsky and Platon Lebedev, representing the top management of bankrupt oil and gas giant Yukos. Khodorkovsky, once held the title of richest Russians with a capital size of $ 15 billion, Lebedev only once got into the club of billionaires.Khodorkovsky and Lebedev were sentenced in 2005 to eight years in prison on charges of fraud and tax evasion. The second criminal case brought against them in 2006 for allegedly embezzling 350 million tons of oil. Both denied their guilt, considering the persecution against them politically motivated. Until recently, the richest citizen of China (as of October 2008) Juan Guanyuya also migrated into the category of prisoners. Guanyuya owned a vast network of shops selling electronics and manufacturing company of household appliances. In May he was sentenced to 14 years in prison for various financial fraud and bribes to officials in excess of 600 thousand dollars. American billionaire Allen Stanford can claim the record in this list of the richest period in prison inmates - he faces 250 years in prison for the establishment of a financial pyramid of about $ 8 billion. The verdict in the past owner finance company that bears his name, will be imposed only in 2011 to more than 20 counts. Stanford himself has pleaded not guilty. Ten years to be behind bars Italian billionaire Calisto Tanzi, recognized in 2009, convicted of fraud and making money on the collapse of his group owned by Parmalat. This case is the press dubbed "the Italian Enron. Tanzi owned one of the world's best collections of paintings, including canvases by Van Gogh, Picasso and Modigliani, which was confiscated after the sentence comes into force. For some of the billionaires on the list did not turn the prison wallet - an American, Alfred Taubman, former head of auction house Sotheby's, was able to return to the club of billionaires once held in jail nine months on charges of fraud in the bidding. Taubman has always insisted that was not guilty. But for Martha Stewart four months of imprisonment turned profits - stocks owned by her company Martha Stewart Living Omnimedia rose in price almost doubled, concluded owner of billions of dollars. Now, though, Stewart is not listed in the official ranking of billionaires, but this is hardly the fact it overshadows the joy of free life. Three persons from a list of billionaires, who had already served his sentence, or imprisoned, are on the run - a Mexican drug baron Joaquin Guzman Loher, a Turkish businessman Kemal Uzan and former Thai Prime Minister Thaksin Shinawatra, accused of terrorism.

Greece will have to restructure debt

Global financial markets continue to struggle with short-term effects of the debt crisis in Greece, while a very important problem which may manifest itself in the long term, remains - it is likely that Greece will have to restructure its debt, says Finmarket with reference to a publication in Wall Street Journal. Analysts do not think it can happen any time soon. Financial markets are currently very unstable to withstand such a blow, and the assistance provided by Greece, the European Union and the International Monetary Fund (IMF), gives this country a break. Many experts believe that Greece is still not able to avoid the need for restructuring the debt, despite assurances from representatives of the EU and the IMF in return. Nevertheless, the country probably will not restructure the debt in the next year or two. Speaking Wednesday at the passing of Bucharest Financial Forum U.S. economist Nouriel Roubini skeptical about prospects for the eurozone. Among the fundamental causes of the crisis in the region - lack of competitiveness of its constituent economies. Expensive programs to save the euro zone without tight binding to the financial reforms and cost reductions will not be allowed out of recession. On the contrary, the accompanying increase in taxes in the short term - a sure way to prolong the crisis, Roubini says. "All the funds are being occupied in conjunction with a set of certain conditions, and governments must make tough budgetary measures," - said Roubini. However, markets are not convinced that Greece is able to realize the financial transformation, "Bloomberg quoted the words of economist. According to him, "there are also questions about whether the plans provided for fiscal consolidation in those countries - Greece, Portugal and Spain - support from the political point of view." However, restoring competitiveness in the economies of the eurozone - the key condition for release in Europe out of recession. Restructuring of debt on the merits would be in default, and Greece would have to agree with the holders of bonds or extension of their treatment, or reduction in payment that will bring investors to losses. According to Standard & Poor's, in case of default on the debt of Greece bondholders will receive 30-50% of their investment. One of the reasons that experts believe it unlikely the Greek debt restructuring in the near future, is that much of the bond is in the hands of European banks and defaulted Greece could lead to huge losses of financial companies in the region. Expectations that Greece will not restructure the debt in the next two years, due to the fact that at the moment the country is forced to borrow to finance public expenditures, including salaries of civil servants. Thus, Greece is impossible to unnerve investors. However, by 2012, according to IMF estimates, the country's budget surplus will be about 2.4 billion euros, and the country will be able to finance themselves. In this situation, it can afford to restructure its debt, which may cause negative reaction of investors. The cost of the country to service debt are growing. In 2012, Greece will pay interest of about 17.1 billion euros compared with 11.9 billion euros last year. In 2014 the Greek debt rise to 353.8 billion euros, and it will pay interest to creditors in the amount of 20.4 billion euros. Given the high debt load Greece will seek to reduce interest payments, and this can be done, or to pay the debt or restructured it, economists note.

EBRD annual meeting opens in Zagreb

Annual Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) and the accompanying business forum will be held in the Croatian capital Zagreb on May 14-15 under the title "Building a sustainable growth." Activities will focus on support during the post-crisis recovery regions in which the bank operates. The Forum will open the Croatian Prime Minister Jadranka Kosor and EBRD President Thomas Mirow. Special guest of the event will be the European Commissioner for Economic and Monetary Affairs Oli Rennes. The EBRD is the largest international financial institution with headquarters in London, established for the development of market economy in transition countries, conducts operations in various sectors of the economy and business in 30 countries in Central and Eastern Europe, CIS and Central Asia. Meeting of the Governing Council One of the major issues on the agenda of the Governing Board of the bank will issue Bank's capital increase to 30 billion euros from the current 20 billion euros. In early May, head of European bank said that the Bank's shareholders had no objection to that. Consequently, all 63 countries, the EBRD's shareholders at the forthcoming meeting of the Board of Governors is likely to approve plans to increase capital. Management of the Bank in 2009 to initiate discussion with shareholders about the possibility of increasing the share capital of the Bank by 50% in the face of rising business activity and the need for more effective conflict risks. It is expected that with the approval of a capital increase Bank in the year 2015 will maintain the annual volume of its investment activities on the level 8,5-9,0 billion euros. In 2009, the EBRD's investments amounted to a record in the history of the bank 7.9 billion euros. Management of the Bank at the upcoming annual meeting of the Board of Governors also intend to take the initiative to encourage investments in local currencies (Local Currency Initiative) in the region of operations of the bank. As told in early May, President of the EBRD, the initiative makes the post-socialist countries with economies less dependent on foreign direct investment and capital flows across borders, as well as fluctuations in world currency markets. Earlier, the EBRD took the line to increase financing for their projects in different countries in local currencies and issue loans, denominated in national currencies. Business Forum The event will be held three plenary sessions: "Opportunities for investment in new enterprises," "projects of infrastructure development and environmental protection", "projects and opportunities for tourism development." At the same time during the forum, its plenary meetings and individual sections will be discussions on a variety of topics. One of them is indicated in the materials EBRD, dedicated to the annual business forum, as "After the crisis. On the road to recovery." "Leading economists and policy makers analyze the nature of the financial crisis and its impact on the region of the EBRD and the lessons emerging from the crisis - the document says the bank. - Will examine the situation in the region and assessed the prospects for economic recovery." The main issues for discussion will help the international financial institutions (IFIs) during the economic recession, the politicians of various countries and MFIs to ensure stable and sustainable economic recovery. Another topic for discussion, forum participants will recover a debt in an economic downturn. "The ability of a creditor to exercise their rights by force is crucial to the viability of credit systems and market economics - said the EBRD in the materials. - The global economic crisis and financial difficulties faced by many banks and customers have put forward this issue to the forefront." The discussions will be the policy of financial institutions in respect of credit default loans and other troubled corporate debt. The discussion touches an important role in shaping the legal framework of institutional measures aimed at meeting the needs of clients, with emphasis on the practices used in countries with economies in transition. At the forum, we will talk about the development of capital markets. As part of this topic will be discussed and a number of very specific questions. For example, how to clear the balance sheets of banks and enterprises to revive lending, what obstacles stand in the way of corporate debt restructuring, recapitalization, what are the necessary volumes of whether the regulatory system to mitigate the effects of future credit booms and retard the growth of borrowing in foreign currency and others. Another topic for discussion will be the rise of the corporate sector and the struggle for the return of investment. The main issues raised for discussion: whether the company survived the global financial crisis, or worse yet to come, as enterprises can regain the interest of strategic and financial investors since the crisis, how can be restructured corporate debt, what role can and should play a state in areas such as promoting the rise of the corporate sector, investment in infrastructure and changes in the investment climate and others. The next topic for discussion is the reduction of carbon emissions. Questions for discussion: what is the potential role of the carbon market in the region, the EBRD, and what effect will a low carbon economic growth, how to fund these transactions and what are the implications for the sectors in which the EBRD invests. Be discussed and the topic of energy security. It occupies the top spot on the agenda of international politics - says the EBRD. - Production and consumption, supply and demand - these simple economic formula conceals a complex reality of the problem of energy security in Europe. " Economic and political interests together when consuming countries seek to ensure diversification and security of supply, and producing countries try to achieve steady sales and prices, says the bank. This discussion will be attended by senior representatives of the various links in the chain of suppliers and consumers who will discuss this politically relevant and at the same time complex and sensitive topic. During the business forum will take place and the "round table" of Mayors. Heads of the leading cities in the region, where he works EBRD, will lead a conversation about the social impact of economic crisis. Forums country By tradition, the annual business forum of the EBRD will be held presentations of each of the countries in which the EBRD operates. Appropriate action will take place in Russia on May 15 from 9.00 to 10.30 (11.00-12.30 Moscow time). According to the forum, the presentation will take part the deputy head of the Department of Economic Development Investment Policy Dmitry Kvitko.

Price per barrel of OPEC oil April 20 rose to 81.8 U.S.

Price of oil OPEC basket (OPEC Reference Basket of crudes) on Tuesday, April 20, rose to 0.94 U.S. dollar - up to 81.83 dollars per barrel to 80.89 dollars per barrel to 80 previous trading day should be from the message of the organization. In March 2010 the average price of a barrel of OPEC oil was 77.21 dollars, in February - 72.99 dollar in January - 76.01 dollars per barrel. Record prices of the basket was set July 3, 2008 - 140.73 dollars per barrel. The average price in 2009 was less than half - 61.06 dollars per barrel. In March 2008 the "basket" has been expanded to 12 varieties of oil at the expense of Ecuador. Thus, the current price of OPEC basket is determined by the average of the prices of the following sorts of natural oil produced by countries in the cartel: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and BCF 17 (Venezuela).

Exchanges in Asia on Wednesday closed at increasing accountability Apple.

Leading stock markets in Asia finished bidding environment of strong growth in the reporting of U.S. IT-giant apple Inc. and manufacturer of computer equipment Elpida Memory Inc., reports Bloomberg. Total Asia-Pacific index MSCI Asia Pacific (including Japan) to the closure of key areas of Asia and Australia on Wednesday rose by 1.1% to 127.37 points. The enthusiasm of investors across Asia has caused the financial results of apple in the first quarter of 2010, published on Tuesday night. Net income in the period rose to 3.01 billion dollars. "Profit Companies (who have published their financial statements) has exceeded expectations. Recovering really started and will show itself more clearly, despite the risk of worsening debt problem" - lead agency comment analyst and head of Ausbil Dexia Ltd.Pola Ziradisa (Paul Xiradis). Stock market in Japan, rich in shares of companies producing high-precision products, on Wednesday shut down growth. Nikkei 225 Index, which reflects the dynamics of the shares of the largest companies traded on the Tokyo Stock Exchange, on the basis of the trading day grew by 1.74% to 11,090.05 points, having played earlier in the week lost psychologically important mark in 11 thousand items. At the same time the broader Topix rose by 1,54% - to 987.07 points. Meanwhile, China's stock market on Wednesday returned to growth. The attention of investors during the first two trading days of the week, dropping shares of Chinese companies after the news of tightening credit policy, the action shifted to the nation's largest producers of semiconductors. According to data posted on the site exchanges, the index of Shanghai stock market (Shanghai Composite Index - SCI) on the basis of trading on Wednesday, grew at 1.80% to 3,033.03 points, having played thus psychologically important level of three thousand items. At the same time, the index showing the dynamics of transactions on the second largest stock exchange in mainland China in Shenzhen (SCZE Component), increased by 2,74% and closed at 1,211.65 points. Stock Exchange of Hong Kong, meanwhile, by contrast, has completed the bidding environment in the red zone on the growth of investors' concerns about increasing inflationary pressures on the economy. Hang Seng index during the day sank 0.52% to 21,510.93 points. Meanwhile, a strong corporate reporting of U.S. companies led him up and the stock market in South Korea. According to information posted on the official website of the Stock Exchange of Seoul, a key index KOSPI (Korean Composite Stock Price Index) grew by 1.72% - up to 1,747.583 points. Growth also showed Singapore and Australia. A key index of the Singapore Straits Times Stock Exchange rose by 0,72% - to 2982.09 points, and the Australian S & P / ASX 200 added 0.58% to 4,954.30 points.

France will allocate 3.9 billion euros from the budget through the assistance of Greece.

France in 2010 to allocate 3.9 billion euros from the budget for credit in Greece within the framework of aid a country burdened with debt, according to Agence France-Presse citing Economy Minister Christine Lagarde. Statement Lagarde sounded in the meetings of the delegations of the European Commission, European Central Bank and the International Monetary Fund, which opened earlier on Wednesday in Athens. "We will submit the draft to the National Assembly (lower house), May 3-4 and May 6-7 - in the Senate" - lead agency words Lagarde. Eurozone countries and the IMF promised to Greece to 45 billion euros in the first year under the percentage below the current market, in order to help the country overcome the severe debt and budget crisis. The Greek Government has requested further talks on how such assistance will affect the three year program of fiscal stabilization. As noted by analysts, the talks will take place in a relative hurry and will take two to three weeks, since the uncertainty in the credit support of Greece severely impact the country's ability to refinance its more than 300 billion of debt. Markets have already been punished Greece a record yield of its debt because of the two-day delay in the negotiations. Until the end of May to Athens to take in about 10 billion euros to pay for current obligations.

In Catholic churches around the world are the funeral Mass for the dead in plane crash .

About the victims of Polish citizens praying Pope - Benedict XVI. In Catholic churches around the world are the funeral mass. The mourning began to worship and in the Moscow Church of the Immaculate Conception of the Blessed Virgin Mary in the Little Georgia.

Living in the Russian capital coming to the building of the Polish Embassy to lay flowers. Anyone can sign a book of condolence.

Tomorrow in Russia - the day of national mourning. He has been declared and all institutions of the European Union - on the buildings in Brussels on April 12 will be half-mast flags.

By the dead and mourn in Brazil, where he lives fairly sizeable Polish community - there mourning will last for three days.

In Poland, will announce two minutes of silence in memory of those killed in plane crash near Smolensk.

Poland today would die in silence. The country will be announced in two minutes of silence. Began one week mourning for the dead. Accident near Smolensk rallied people to memorial services are thousands of parishioners.

In Poland - second day of national mourning for the dead in plane crash near Smolensk. The walls of the presidential palace laid a carpet of flowers and candles.

People carried flowers and lit candles all night. One of the major streets of Warsaw - Cracow - turned into a stream of people. On large screens broadcast images of those who died in the crash.

Suzanne Buyach: "For me, the death of President Lech Kaczynski, MPs, military leaders - the tragedy of the whole nation. We lost nation's elite. And regardless of rank and position, we grieve for each one of them."

Portraits Lech Kaczynski and his wife, who died of deputies of the Saeima, public figures and military leaders went into mourning frame on the front pages of all Polish publications.

At noon, stopped traffic and pedestrians, stop manufacturing plants - so the country holds its breath, observed a moment of silence in memory of those killed in a plane crash near Smolensk.

In accordance with the Constitution of Poland after the tragic death of President Lech Kaczynski's head of state powers transferred to the Speaker of the Sejm Bronislaw Komarovsky.

Bronislaw Komorowski, chairman of the Parliament of Poland: "Fellow citizens, friends, relatives. In accordance with the Constitution of my country, I like the Marshal of the Seimas, take over the presidential duties.

My problem now - in two weeks to announce the date of the new presidential elections, in turn, since the announcement to the will must take place no more than 60 days. What I intend to do, after consultation with all political parties.

Under current legislation, an early presidential election should be held within ten days after the date of announcement of elections. Thus, the name of the new head of state will be known in June.

It is unclear what will happen farewell ceremony with Lech Kaczynski. The only time until this moment in history, Poland has lost the head of state in 1922. , Was killed the first president of the republic.

Unemployment in the U.S. in March amounted to 9,7%.

The unemployment rate in the U.S. in March was unchanged from the previous month and amounted to 9,7%, the number of jobs in non-agricultural sectors for the reporting month increased by 162 thousand, according to data the Bureau of Labor Statistics U.S.. Thus, the rate of increase in new jobs in March was the highest since March 2007. Analysts polled by internet portal dailyFX.com, predicted that the number of unemployed in relation to total working age population will remain at 9.7%, and the economy, excluding the agricultural sector, will create 190 thousand new jobs. The report indicated that the number of jobs in non-agricultural sectors of the economy in January increased by 14 thousand, and in February, the economy has lost only 14 of thousands of jobs against the original estimate of 36 thousand. In October last year, unemployment in the U.S. rose to 10.2%, which was the maximum level for 26 years. On Thursday it became known that the number of initial applications for unemployment benefits in the U.S. for the week ending March 27 declined by 6 thousand - to 439 thousand, which coincided with the expectations of analysts. Also this week analyst firm Automatic Data Processing Inc. published data showing that the number of jobs in private companies, the U.S. in March compared to February fell by 23 thousand against expected by analysts to increase by 40 thousand. Finance Minister Timothy Geithner said on Thursday that the administration of U.S. President Barack Obama "very concerned" about the pace of reconstruction after the severe labor market since the Great Depression of the economic crisis. In an interview with NBC television Geithner expressed confidence in the gradual improvement in the labor market, as well as the fact that the economy will begin to create new jobs. " Nevertheless, Geithner noted that the U.S. unemployment rate will "remain unacceptably high for a very long time", explaining that "damage, which caused the recession."

AvtoVAZ may open the assembly line "Lad" in Venezuela.

President of OAO AvtoVAZ, Igor Komarov, and leadership of the Venezuelan Corporation Corpivensa in Caracas on Friday signed an agreement of intent to open a car assembly line production of "Lada" in Venezuela, RIA news from signing the document. At the signing was attended by Prime Minister Vladimir Putin and Venezuelan President Hugo Chavez. Also Komarov and the head of Venezuelan state-owned Suvinca Daoud Simon (Simon Daoud) signed a contract to supply 2,250 thousand cars Lada in this Latin American country. In Caracas on Friday also signed an inter-agency memorandum approving licenses planned for implementation in Venezuela, Russian cars. In addition, representatives of Russia's other automaker, OAO "KAMAZ" concluded an agreement on partnership and strategic alliance for the development of industrial projects in the municipality of Valencia. Currently, a series of "Lada" (LADA), produced by AvtoVAZ, includes a family of cars LADA Priora, LADA Kalina, LADA Samara, LADA 2105/07 and LADA 4x4.

The contracts with Venezuela will support the economy of Russia.

The contracts with Venezuela is an investment in the Russian economy, said a source in the delegation of Russia, who accompanied Prime Minister Vladimir Putin on his trip to Caracas. A spokesman for Prime Minister Dmitry Peskov told reporters that Putin returned to Moscow on Saturday night from Venezuela, which he attended on a working visit. A source in the Russian delegation, summing up the trip, told reporters that "the agreements reached in Caracas, it is difficult to overestimate." "The main thing - not digital calculation of signed documents, the main thing - their practical significance for Russian-Venezuelan relations and the domestic economy", - he said. He noted the importance of the signed documents on the work of the consortium of Russian oil field Junin-6 "in Venezuela. "The consortium has access to the holy of holies - the largest oil reserves in the world. This project is designed for many years to come, for decades, and he pulls a series of related projects - the construction of an oil refinery (Venezuelan high-sulfur crude oil and requires treatment), petroleum coke remaining after cleaning, will be used for new generating capacity, which will also be built in Venezuela, "- said the source. He also noted that the consortium paid for the so-called "ticket" in the amount of a billion dollars, which is the usual international practice in such projects. "Six hundred million of this billion were paid during the visit, and Vladimir Putin handed over payment order, the remaining 400 (million) will be paid before the end of the year", - said the source. He noted that Venezuela received funds allow her to place orders for the Russian defense industry enterprises to purchase weapons, which leads to the loading of the enterprises themselves, secure jobs, the development of the technological base of the Russian defense. The source said that the Russian side also agreed to Venezuela's credit line in 2,2 billion dollars. "As soon as Venezuela would be ready to use it, it will also be able to send these funds for the purchase of Russian weapons, which, in turn, will give effect to the enterprises of the Russian defense industry" - he said. The source noted, and a contract to supply to Venezuela 2,25 thousands of Russian Car "Lada". "This is a good agreement that will allow us to realize domestic production in a while domestic demand continues to set," - he said. Member of the delegation also recalled that in the near future in Venezuela will be deployed assembly plants Russian car KAMAZ and AvtoVAZ. According to him, it is also good support for domestic industries. "By investing in Venezuelan projects, we invest in the future of our bilateral relations and, importantly, we simultaneously invest in support of the Russian economy", - concluded the source in the Russian delegation.

World Bank

International Bank for Reconstruction and Development, better known as the World Bank, is one of the world's largest sources of development assistance. Its main purpose is to assist the poorest groups and poorest countries. World Bank helps developing countries fight poverty and achieve stable, sustainable and equitable economic growth. The World Bank was founded in 1945 with the primary objective of assisting in the reconstruction of Western Europe after the Second World War. Following the restoration and restructuring of European scope of the World Bank shifted to providing support to developing countries.

The International Monetary Fund (IMF)

The International Monetary Fund (IMF) - a special agency of the United Nations, established 184-me States. The IMF was created on Dec. 27, 1945 After adequate signing of the 28-th gocudarstvami agreement drafted at the UN Conference on Monetary and Financial Issues in Bretton Woods, July 22, 1944. In 1947, the fund began operations. IMF Headquarters rakspolagaetsya in Washington, DC, USA.

Intercontinental Exchange (IntercontinentalExchange) .

At the Intercontinental Exchange (ICE) traded the following commodities: crude oil and petroleum products such as heating oil and jet fuel, as well as other commodities such as natural gas and electric power. The most high-profile trades crude oil are Brent (on the London inter-continental exchange), and the price of oil this brand oriented the entire world oil market. Most of the trades on the Intercontinental Exchange is focused on committing cash transactions, based more on values underlying the particular goods already delivered, rather than the value of an abstract commodity that is only scheduled to be put through a period of time.

The European Bank for Reconstruction and Development (EBRD)

The European Bank for Reconstruction and Development was established in 1991, when the countries of Central and Eastern Europe was collapsing communist system and the former Soviet bloc countries needed support to nurture a new private sector in a democracy. Today the EBRD investment instruments are used to build market economies and democracies in 29 countries - from Central Europe to Central Asia.

Terrorists attacked a Moscow subway.

In the most "rush hour" in the subway two explosions at intervals of less than an hour. First - in 7 hours 56 minutes at the station "Lubyanka" and the second - at the station "Park Kultury", radial.

In an instant life of the city has changed. Killed, wounded, coaches, ambulances, helicopters above the center of the capital. According to recent data - 38 killed, over 60 wounded - some of them have provided assistance to the streets in the very first moments after the explosions.

Doors from the exploded car blown up into several parts. Around smoke, pieces of broken glass, dead bodies. It describes the situation at the metro station "Lubyanka" eyewitnesses. Immediately after the explosion were heard shouting. Someone managed to turn the camera on a mobile phone and remove what is happening. Many do not immediately understand what happened.

Valery Svirin, a witness: "At the time of the explosion I was on the escalator, did transplant with the Kuznetsk bridge" to "Lubyanka." Ran the people all of the blood. 5 man ran away. And then, when it got there, people lying, people 7. One man made dressing woman, she was unconscious. "

At the station "Park Kultury" was a second explosion. The light in the cars went out at once - but nevertheless, people have been able to remain calm. A few minutes later arrived and rescue helicopters and firefighters. The evacuation.

Irina Kedrovskaya, a witness: "I declare on speakerphone so that all immediate left underground. The smell of burning feeling. Then it began to carry the wounded. In the street all trying to get through, apparently, to the families, but there was no connection."

The tragedy occurred in the morning rush hour, many rushed to work, the trains were overcrowded. The first explosion was at 7.56 in the Lubyanka metro station. This Sokol'nicheskaja line, the center of Moscow. The second in 8.37 at the same branch at the station "Park Kultury", radial. How it all happened, now set by experts. Based on the testimony of witnesses and information, investigation, events unfolded like this. At the station "Lubyanka" rode the train from the "South-Western. The doors opened, people began to leave and enter. At this point in the second car bomb exploded.

Roman Ryabchikov, a witness: "I rode the first train. When everyone already announced that the train would go no farther, we came out. To my left there was an explosion - loud pop, smoke more, we ran all the output. People have expressed themselves very well. All helped. For example, help for pregnant women, so they passed.

Emergency services arrived quickly, in 8 minutes after the explosion. Evacuation lasted about an hour. Coach ambulance drove up, one after the other every minute. To save time, people were carried away in their hands. Everything happened very quickly.

At that moment, when all forces were sent to Lubyanka Square roared a second explosion. At the station "Park Kultury", as soon as the train doors began to open in the third car sounded cotton, there were cries, there was a smell of burning. But how many of the witnesses say, panic in both cases was avoided.

Yury Besedin, deputy head of the SU Emergency Ministry of Moscow: "Continuing on the speakerphone made aware people where they want to go, what to do or where to turn. This was the most was probably difficult, but I want to say that neither at the metro station" Lubyanka "or the" Park of Culture "was not a panic."

The experts found that the power of an explosive device at the Lubyanka was about 3 kilograms of TNT on the "Park of Culture" - about 2 pounds. Only later specialists will be able to say with certainty - the explosions too much alike.

Dmitry Gayev, head of the Moscow Metro: "The explosions took place inside the interior of trains at a time when the train stopped at the station. Gains and landing and disembarkation of passengers."

In both cases, the bombs had been stuffed with metal balls and nails - to increase the power of the explosion and the number of victims. Two criminal case under article "Terrorism" are merged into one.

All day on the site of tragedy Explosives experts were working with dogs and handlers. Operational headquarters were deployed on the street. Investigators looking at CCTV footage, found that the two suicide bombers entered the subway together to the station "South-West. They were accompanied by 2 other women. The faces of all were open. Later came the information that together with them was one man. It is now making a sketch of the alleged accomplices of terrorists and conducted their search.

All day Lubyanka Square was blocked by police. At the place worked psychologists. On the "Park of Culture" by noon, shoot the guards and open the station "Park Kultury"-ring. And on the radial experts are still working. The bodies of two terrorists have already been found and sent for identification. Wrecked cars after careful consideration is taken to a depot.

Initially planned to restore traffic in 16 hours, but were able to close to 18 - to the same time removed the cordon.

We train on the "Red line" walk normally, but few passengers. At both stations are visible effects of explosions: blood, traces of shrapnel and flowers. They bring in the memory of the victims. With each hour the color becomes more and more.

Immediately after the explosion at the metro station "Park Kultury" were filmed shots of the car of another train that arrived from the opposite side. One can only assume that experienced in those moments people caught on the spot of the tragedy and all who saw his own eyes.

The first explosion occurred at the station "Lubyanka" in 7 hours 56 minutes. Witnesses also were taking place on camera mobile phones. The film and became the first evidence of the tragedy.

In the evening, after the station was once again open for passengers, people began to bring flowers to the scene. Tomorrow in Moscow declared a day of mourning.

Heathrow is working well, despite the strike.

The fifth terminal in London Heathrow continues to operate normally despite the massive strike of airline crews British Airways (BA), including through the work of the VA with its occupants, who warned in advance to cancel flights, said RIA Novosti CEO Willie Walsh . "All is well, the airport rather loaded today, as you can see, the flights depart and arrive normally," - said Walsh, who in the first day of a four-day protest in person is in Heathrow. The Executive Director communicates with the airline's employees and volunteers, monitoring the situation during the massive protests, which is held in tension for the UK transport system time before the Easter holidays. At the same time in the airport on Saturday, calmly enough, people will not stand in queues and do not try to change the tickets, but on the scoreboard no information about cancellations. In addition, some flights that BA can not do by itself, carried out by other carriers. "We are prepared in advance and warned our clients about all the cancellations sent to all the recommendations about how to proceed if a flight is canceled," - added Walsh. He confirmed that during the strike, which will last until the end of the day Tuesday, the airline plans to keep lifting to a minimum and to implement up to 75% of flights - as long-haul, and neighbors. Last week - from 20 to 22 March - the first of two major strikes, which had previously voted for union members Unite, representing the interests of VA employees, failing to reach an agreement with the company regarding the change of working conditions. The dispute between the Unite union and the carrier began in 2009 because of the company's plans to reduce the number of crew members on long-haul flights from 15 to 14 and freeze a two-year wage growth. BA, tolerate record losses, hopes for new measures to save up to 62.5 million pounds sterling. The union previously proposed alternative measures to reduce wages by 2,6% and the transition of some employees to part-time jobs that would allow companies to save up to 63 million pounds. However, VA disagreed, and offered her a compromise settlement of the dispute did not find understanding from Unite. Is expected to be affected only Heathrow, London City Airport and the Airport Gatwick, flights will be sent on schedule. Fully restore the schedule of flights the company promises to April 2.

Ministry of Agriculture of the BRIC countries intend to create a common information base.

Ministers of Agriculture of Brazil, Russia, India and China (BRIC) in Moscow on Friday for the first meeting, signed a declaration on the basic directions of quadrilateral cooperation, including the establishment of a common information base, which will increase trade of agricultural products between the two countries, reported on the results signing RF Agriculture Minister Elena Skrynnik. "As requested by the leaders of our countries, the agriculture ministers of the BRIC countries signed a declaration in which we give all the main areas of our multilateral cooperation. In particular, the creation of a common information base, which will increase trade in agricultural products between the two countries, and developing overall strategy to ensure food most vulnerable populations and the general approach, which deals with strategies to address global climate issues, "- she said. Also, the document envisages cooperation of the BRIC countries to introduce innovative technologies in the agricultural sector, the minister added. Creation of agricultural information base of the BRIC countries is expected to be based on the balance of production and consumption of agricultural products, population growth and allow a comprehensive analysis of food security in these countries. Global food security is a crucial issue for the interaction and the creation of an information base will coordinate to solve these issues, including the formation of national grain reserves, taking into account the global picture of food security. To implement the agreed measures agreed to establish a permanent expert working group, whose meetings will be held on a regular basis. The team will prepare agriculture ministers of the BRIC countries and offers a report on the implementation of these tasks. It is assumed that the next meeting of the Ministers of Agriculture BRIC in 2011.

World oil prices declined slightly.

Oil prices on world markets on Friday, March 26, declined to review the background of the negative side of growth estimates for the U.S. economy in the fourth quarter of 2009, Reuters reported. At the New York Stock Exchange NYMEH (New York Merchantile Exchange) cost of the May futures for U.S. light crude oil Light Sweet Crude Oil has fallen to 0,53 dollars - to $ 80 per barrel, exactly. Price of May futures for North Sea petroleum mix of mark Brent Crude Oil at London exchange ISE (InterContinental Exchange Futures) on the results of the auctions has decreased on 0,32 dollars - to 79.29 dollars per barrel. U.S. GDP in real terms in the fourth quarter of 2009, according to the final evaluation of the Ministry of Commerce, has grown by 5,6% compared with the third quarter. Analysts earlier predicted that the assessment of economic growth for the October-December, will remain at the level of 5,9%.

U.S. stock markets were closed in different positions.

U.S. stock indexes up to the auction on Friday, March 26, changed different direction against the euro-zone leaders reached an agreement regarding the mechanism for providing burdened with debt of Greece financial aid and unclear reasons for the collapse of the South Korean navy ships in the Yellow Sea, reports Reuters. By the closing trading the Dow Jones index rose by 0.08% to 10,850.36 points. S & P 500 on Friday rose by 0.07% to 1,166.59 points. NASDAQ index on the basis of trades fell by 0,1% - to 2395.13 points. DJIA (Dow Jones Industrial Average, Dow Jones) - the average movement in share prices of 30 major industrial corporations. S & P 500 (Standard and Poor 500 Index) - index of stock prices 500 largest companies by market capitalization. NASDAQ (National Association of Securities Dealers Automated Quotation, automated quotation system of the National Association of Securities Dealers) - an index of high-tech companies. It is calculated on the basis of quotations of ordinary shares of all companies (U.S. residents and foreign), traded in the OTC system, NASDAQ, weighted by market capitalization

Wall Street helped Greece to hide debts from Europe .

Strategy Wall Street to facilitate issuance of unreliable mortgages in America, and now has aggravated the financial crisis in Greece, undermining the euro and will allow EU governments to hide the size of their debts. While concern over Greece troubled world markets, articles and interviews show that with the help of Wall Street's country is participating in a ten-year attempt to circumvent the rules on debt in the EU. Only one transaction with Goldman Sachs helped to hide the debt from the overseers of Brussels. Even when the crisis was approaching a climax, the banks looking for ways to help Greece to postpone the Day of Judgement. In early November - that is, three months before Athens became the epicenter of the global financial worries - a team from Goldman Sachs, arrived in the ancient city with a very modern supply the Greek government, try to pay their bills, as told by people who knew about the meeting . Bankers led by Goldman Sachs president Gary Cohn suggested that the Greek government's financial solution that would postpone the date of repayment of debts health care system in Greece is far into the future, just as homeowners are taking a secondary mortgage to pay off their credit cards. This has been done before. In 2001, immediately after Greece was admitted to the Monetary Union of Europe, Goldman helped the Government of the country billions of dollars to get loans, according to a competent source. This agreement was concealed from the public eye, as seen as a currency trading, rather than loans. Due to this, Greece has managed to follow the rules of the budget deficit in Europe and continued to be live in a big way. Athens did not take the last sentence of Goldman, but in terms of the debt crisis in Greece and the promise of its wealthier neighbors to help, an agreement with Wall Street the last ten years, raised questions about its role in the global financial crisis. As in the case of the U.S. mortgage crisis and the collapse of American International Group, derivatives have played an important role in the increase of debt of Greece. Agreement developed by Goldman Sachs, JPMorgan Chase and a wide range of other banks have allowed politicians to mask the additional loans, Greece, Italy and possibly other countries. With the help of dozens of agreements across the continent, the banks gave out openly funds in exchange for government payments in the future. Greece, for example, in the coming years, pledged to pass funds from banks aviasborov and income from lotteries. Critics say such deals because they are not recorded as loans, misled investors and regulators about the debt of the country. Some of the Greek agreements have been named in honor of the heroes of Greek mythology. One of them, for example, is named in honor of the god Aeolus wind. The crisis in Greece is a significant threat to the common European currency, the euro, and economic unity of the continent. Greece, the language of bankers, too big a country to allow it to fail. Greece must be the world $ 300 billion, and that large banks are on the hook most of this debt. Defaulted impact throughout the world. A spokesman for the Greek Ministry of Finance said that the Government met with many banks in recent months, and did not trust any of their proposal. All debt financing is conducted in order to ensure transparency, "she said. Goldman and JPMorgan declined to comment on. Affairs of Wall Street in Europe paid little attention to this side of the Atlantic, but it is subjected to severe criticism in Greece and in magazines such as the German "Der Spiegel". "Politicians want to hold the ball forward, and if the banker can show them to postpone the problem, they readily agreed," said A. Gikah Harduvelis, an economist and former government official who helped write the final report on the accounting policy in Greece. Wall Street did not create debt problems for Europe. But bankers have allowed Greece and other countries to borrow beyond their means, moreover, the agreement was entirely lawful. Few rules govern the process of borrowing money to cover the states, such as military or medical expenses. The market of public debt - the term Wall Street to describe the Government lending - as unlimited, as vast. "If the government wants to deceive, it can do it," said Harry Shinasi, a veteran of the research unit of the International Monetary Fund, engaged in monitoring the vulnerabilities of global capital markets. Banks are willing to use freely the spending of the government. Although Greece has not benefited from Goldman proposal in November 2009, she should still pay the bank approximately $ 300 million as a reward for hosting the Agreement of 2001, according to several bankers who are familiar with this transaction. Such openly documented or undisclosed derivatives add uncertainty to how serious the problem in Greece and other countries that may use similar off-balance sheet accounts. A wave of fear swept over other economic problems the country on the periphery of Europe, making loans for Italy, Spain and Portugal, more expensive. At the same time with all the benefits of European unification, with one currency, there appeared a big problem: countries such as Italy and Greece joined the monetary union with a large deficit, as permitted under the treaty establishing the single currency. Rather than raise taxes or cut spending, governments of these countries is artificially reduced their deficits by borrowing. Derivatives should not be disastrous. In 2001 agreement applied swap. One such tool, called the interest rate swap, can help companies and countries to cope with fluctuations in the cost of credit through the exchange of fixed rate payments for floating, or vice versa. Another type, currency swap, can minimize the impact of volatile exchange rates. But with the help of JPMorgan Italy was able to do much more. Despite continuing high deficits in 1996, derivatives helped bring the budget in Italy by the exchange rate of currency through JPMorgan for the favorable exchange rate, yielding a profit of Italian government. In turn, Italy committed itself future payments, which were not recorded as debt. "Derivatives are a very useful tool," said Gustavo Pigalle, an economics professor who prepared a report for the Council on Foreign Relations on the Italian agreement. "They can damage only if used for the embellishment of the true state of affairs. In Greece, the financial wizardry went even further. By holding a "garage" sale on a national scale, Greek officials have essentially laid the airports and highways of the country to bail out the much-needed money. "Aeolus", a legal entity established in 2001, helped Greece to reduce the debt on the balance of the year. Under the agreement, Greece has received money sredstvav exchange for a guarantee of future landing fees at airports in the country. A similar agreement in 2000 called "Ariadne" and it was to devour profits, which the government received from the national lottery. Greece, however, classify these transactions as sales rather than loans, despite the doubts of many critics. These transactions are challenged in government circles for many years. Back in 2000, European Finance Ministers fiercely debated, whether disclosed derivative agreements with such a system of "creative accounting". The answer was negative. However, in 2002 to conclude such agreements as the "Aeolus" and "Ariadne," which are not reflected on the balance of the state, the EU countries were required to declare such transactions as loans rather than sales. However, more recently, in 2008, Eurostat, the Statistical Office of the European Union, reported that "in some cases, operations to ensure fulfillment of obligations, apparently aimed at achieving concrete results in accounting, regardless of the economic value of these operations." While such tricks in reporting can be helpful in the short term, over time they can be catastrophic. George Alogoskoufis, who became finance minister of Greece after the agreement with Goldman, criticized the deal in Parliament in 2005. Agreement, as said Alogoskoufis, was imposed on the government with large payments in favor of Goldman until 2019. Alogoskoufis, who left his post a year ago, said by e-mail last week that Goldman agreed to revise the agreement to "to restore good relations with the republic." He said that the new conditions for Greece are much better than before. In 2005, Goldman sold the interest rate swap to the National Bank of Greece, the largest bank in the country. In 2008, Goldman helped the bank to sell the swap entity, named "Titlos. But the bank retained the bonds issued by "Titlos", and, according to the financial research firm Dealogic, used them as collateral to borrow even more from the European Central Bank. Edward Manchester, senior vice president of the credit rating agency Moody's, said that the deal ultimately hurt Greece because of its long-term payment obligations. "This swap will always be unprofitable for the government of Greece," he added. Authors: Louise Story, Landon Thomas Jr.., Nelson Schwartz.

U.S. asked to sign a treaty on strategic offensive arms in PragueU.S. asked to sign a treaty on strategic offensive arms in Prague.

United States appealed to the Czech Republic to organize a signing ceremony in Prague, with Russia a new treaty on Strategic Offensive Reductions Treaty (START), said on Wednesday, Agence France Press referring to the statement by the Czech Ministry of Foreign Affairs. According to the agency, Prague, Washington has already sent the appropriate request, but the date of signing the contract it is not defined. "They (the U.S.) have made a request of the possibility of this (signing) in Prague, and we agreed. To date, no dates are not specified," - the words quoted by Agence France-Presse, Press Officer of the Czech diplomatic corps, Jiri Benes (Jiri Benes). This Benes said that the final decision on the date and place of signing of the treaty should take Moscow and Washington. Earlier, Ukraine appealed to Russia and the U.S. initiative to sign an agreement in Kiev. Validity of the contract between Russia and the United States on reducing strategic offensive arms (START), which provides for 15 years the process of planned to reduce nuclear arsenals of the two countries expired on Dec. 5, 2009. Moscow and Washington were negotiating a new instrument on the START and repeatedly stated that he could be signed shortly. The fact that the U.S. and Russia may sign a treaty on strategic offensive arms in April and probably not in Washington but in Europe, last Friday, March 19, after negotiations, Russian Prime Minister Vladimir Putin and U.S. Secretary of State Hillary Clinton told Deputy Government Staff Yuri Ushakov. At held in Moscow on March 19 talks Foreign ministers of the two countries noted the progress in preparing the document, but did not give any time or place of signing. "We are very close to finalizing a new agreement on limiting strategic arms. Our negotiators were able to resolve the most important issues. The remaining are some technical issues," - said U.S. Secretary of State Hillary Clinton. "We're not going to look forward to," take away the thunder "from the ads, which will be done, let's not make this announcement now," - she added. According to the Russian Foreign Minister Sergei Lavrov, President Dmitry Medvedev during a meeting with Hillary Rodham Clinton expressed satisfaction with the way Follow the instructions given to them, and President Barack Obama negotiators in Geneva. A few days later, on March 22, Deputy Foreign Minister Sergei Ryabkov said that Russia and the U.S. in the coming days will finalize a new contract. "We are literally on the verge, I think in the coming days will be completed this deal," - he said. Speaking about the possible place of signing the document, the diplomat noted that "the question of agreement between the two parties, and while not complete semantic work, talk about the place (signing) is difficult." Earlier, President Medvedev said that the contract can be signed in any country. "We can do it anywhere, as long as the material was ready," - he said during his visit to the U.S. in September 2009.

Clinton arrives in Moscow to sign a nuclear agreement.

MOSCOW - U.S. Secretary of State Hillary Clinton arrives in Russia on Thursday for crucial talks on a new agreement on nuclear disarmament between the former adversaries of the Cold War. Effects of the Strategic arms reduction agreements of 1991, ended in December, and the negotiators were unable to agree a new contract. This prevented both powers "restart" partly damaged relationships. The official reason for the two-day visit, Clinton - four-Middle East summit. But officials on both sides confirmed that Secretary of State to negotiate a new agreement with its Russian counterpart, Sergei Lavrov. The American President Barack Obama and the head of Russia Dmitry Medvedev met to sign a new agreement by the end of 2009, to significantly reduce nuclear arsenals, but the negotiations in Geneva have stalled because of strong disagreements. Russian and American officials say that the remaining problems are technical and relate to the fact that the final document will consist of hundreds of pages and must be translated into Russian and English languages, without inconsistencies. "We never talked about any differences. The usual process of negotiations is under way. This is a very extensive document," said the Russian Foreign Ministry spokesman Andrei Nesterenko. Last week the New York Times reported that Obama was so disappointed that Medvedev is bound by an agreement on disarmament with the debate over U.S. plans to install missile defense facilities in Eastern Europe. Moscow was outraged statement Romania in January that it intends to establish the leading elements of U.S. missile shield on its territory, reports The New York Times. Military analyst Pavel Felgenhauer said the stumbling block was Russia's demand to abandon plans for missile defense, which the U.S. Senate refuses to perform when it comes to ratification of the agreement. "They are trying to find a formula which can satisfy both sides," said Feldgenhauer, the military commentator of the newspaper Novaya Gazeta. "The United States would sign an agreement quickly in order to improve the atmosphere. But this is not obtained and instead renew the relationship, new problems," he said. In his last telephone conversation on Saturday, the two presidents expressed their satisfaction with the "perfect state of preparation of" a new contract and concluded that the final date for the talks might already be scheduled, according to the Kremlin. Some reports said that both sides want to complete the negotiations before the United States Summit on Nuclear Safety on April 12-13. On Tuesday, daily Russian newspaper Kommersant reported that the Philippines offered its territory to sign a new agreement and confirmation of its status as an equivalent partner with the East and the West. "This will be an important milestone. It is one of the key points reboot relations," said former U.S. Ambassador to Russia James Collins, director of the Russia program at the Carnegie Center. US-Russia relations have ceased to be trustees under President George Bush, and the signing of a new nuclear agreement will be evidence of a new stage in relations between the two countries. Signed in 1991, the START agreements led to a tremendous reduction in U.S. and Russian nuclear arsenals, and ensure the arrangements for monitoring compliance with agreements. The contract was supposed to contribute to a lasting peaceful relations between the two former adversaries of the Cold War. The probability of signing a new agreement became apparent in July, when Obama and Medvedev agreed to reduce the number of warheads on both sides to 1500-1675 units. The United States report that they currently have approximately 2,200 nuclear warheads, while Russia's is believed to have about 3000 units.

Somali pirates freed a Greek cargo ship for ransom.

Somali pirates freed after a ransom Greek cargo ship, said a European naval mission EU NAVFOR. "EU NAVFOR can confirm that the company owned by the Greek cargo ship flying the Panamanian flag Navios Apollon, captured Dec. 28, was released on the morning of 28 February", - stated in the mission. On board were 19 crew members: captain - a citizen of Greece, the rest - Filipinos. The vessel goes to Oman and from there to India, confirmed the RIA Novosti representative of the Greek Coast Guard. According to her, the vessel was not released Sunday, and on Saturday evening, shortly after the ransom was paid. "The whole team feels good," - said the agency interlocutor. Earlier, Reuters reported with reference to the Coordinator of the East African aid mariners Andrew Mwangura, that the ransom to pirates was dropped from the plane before. Dry cargo vessel Navios Apollon Greek company owns and sails under the flag of Panama. He was captured 200 miles from the Seychelles. At that time, cargo ship bound from Florida (USA) in India with a cargo of fertilizer. At the present time in captivity of Somali pirates are five ships and about 120 sailors. According to a recent report of the UN secretary general on the issue of piracy off the coast of Somalia during 2008 from around the world has reported 306 incidents of piracy, 136 of which occurred in the area of East Africa. In the period from 1 January to 30 September 2009 reported 300 incidents worldwide, of which 160 occurred in the eastern coast of the African continent. Somalia can not cope with the problem of piracy, since ceased to exist as a single state as early as 1991, with the fall of the dictatorial regime of Siad Barre, who ruled from the end of 1960. At the present time as the sole legitimate authority in the country of the international community recognizes the Federal Government of Somalia, but the latter controls only part of the capital - the city of Mogadishu. The remaining parts of Somalia under the control of unrecognized state entities, or are self-governing territories, whose leadership has a different - often opposing - views on reunification. For example, in areas in the south and north-east Somalia, ruled by local clans and radical Islamist movements in the north-west since 1991, there is the unrecognized Republic of Somaliland.

The Greeks are ready to "tighten their belts" to overcome the crisis - poll.

Living in Greece are ready to "tighten their belts" to overcome the economic crisis, showed data released on Sunday, a public opinion poll conducted by a local company MRB. Athens with a debt of 300 billion euro and the fiscal deficit in 12.7% of GDP have been under the close supervision of the European Union, which requires Greece to fulfill their obligations and to reduce the deficit in 2010 to 4% of GDP. According to the study, 59% of respondents said they were ready for sacrifices, and 64% are opposed to strikes. On Wednesday, February 24, the normal life of the country was disrupted daily general strike. In addition, 53% say insufficient measures taken by the Government to reduce costs. The authorities have frozen the growth of wages in the public sector fell by 10% supplement to the salary of civil servants, as well as increased excise taxes on tobacco and alcohol, the consumption tax on gasoline. In addition, plans to introduce new tax legislation that would increase fees primarily to the wealthy citizens. Almost two-thirds of respondents believe that the measures are unfair, socially, and three-quarters point to the fact that they do not contribute to economic recovery. The majority endorses the further reduction of public expenditures, particularly subsidies to civil servants. Also, respondents welcomed the reduction in the number of civil servants and the abolition of lifetime employment. Finally, support was met and the proposal to introduce an additional tax on luxury items. Despite their declared commitment to the victims, the majority of respondents opposed the measures, which, as the newspapers, the government may take in the future. Thus, the respondents do not want to repeal the 14 th salary, increase the VAT changes in the pension system and reducing the obligations of employers to employees. European Union in March will decide how well Greece to cope with the implementation of anti-crisis measures. The poll was conducted this week, the questions were answered by several hundred adult citizens of Greece.

Mirax has reduced debt from $ 770 million to approximately $ 500 million - Polonsky.

Debts Mirax Group in early February, down from 770 million a year ago to about $ 500 million, said co-owner of the developer and the chairman of the board of directors Sergey Polonsky. "A year ago, in general, we had 770 million dollars at the beginning of February - for about $ 500 million. Most, of course, Alfa Bank, and holders of debt securities - CLN and bonds worth 298 million dollars. In addition, $ 83 million we must MDM Bank, CJSC Credit Europe Bank and other creditors ", - said Polonsky paper released on Monday in an interview with Kommersant. Alfa-Bank in the summer of 2009 were bought debts Mirax Group at Credit Suisse. Then followed the arrest of the main project developer - the tower "Federation" and a business center Mirax Plaza, which was later withdrawn, to the same Mirax left three minority shareholders from among the founders of the company, recalls the newspaper. According to Polonsky, the main task at the moment in the process of debt restructuring - to resolve the issue with the bondholders and CLN. "This is being undertaken by the IFC (the Bank Mikhail Prokhorov). Until we have a vicious circle: in order to agree on restructuring, it is necessary to start the process of construction to generate revenue. To do this, get a new credit resources attraction which also tied to the success of restructuring. Unfortunately, it so happened that we did not have any Sberbank, VTB nor a single dollar. When the crisis broke, I spoke with the leaders of these banks over lending, and was told that first they must deal with its debtors. But now we have resumed negotiations with them ", - says Polonsky. He noted that a year ago to talk with the banks was impossible, because the proposals with rates less than 30% did not, but now the developer collects proposals. Speaking about relations with the company Alfa-Bank, Polonsky said that, firstly, the bank does not belong to the corporation, and he was laid stocks and complexes Mirax "Federation" and the Mirax Plaza. "Now we are left to Alfa-Bank 155 million dollars (in the summer of 2009 - 331 million dollars). Under the loan only provides our main office located in stylobate part of the tower" Federation "... it is about 15 thousand square meters, and business Center for Bryansk Street. In total - 40 thousand square meters. Also part of the debt secured by my personal guarantee. They were awarded in the spring of 2009 under a loan obtained by the corporation in Alpha Bank to acquire Alfa our debt at Credit Suisse "- said Polonsky. According to him, the complexity of the situation lies in the fact that Alpha did not need a real estate developer. "We are paying very real money, virtually all financial flows that are directed to a payment of Alfa-Bank. We hope that soon we will restructure the debt with the help of Sberbank or VTB, or with the" Alpha "to develop additional agreements, because the existing conditions for us very hard ", - said Polonsky, recognizing that doing so is quite difficult. He explained that the company needs to obtain financing for the "Federation" of $ 240 million dollars, but the banks know that the slightest delay in payment, Alfa Bank has the right to close the office Mirax. "Therefore, Sberbank raises one of the main conditions for granting credit - the withdrawal from the pledge at Alfa Bank, main office of the company", - said Polonsky.

Volkswagen in the early summer will present a new model created for Russia.

Russia "daughter" lead germanskogo manufacturer Volkswagen Group Rus plans in the early summer of this year to market a model created specially for Russia, told RIA Novosti in an interview CEO Kortsekva Dietmar (Dietmar Korzekwa). Name the new car to be produced at a factory in Kaluga, as well as its cost producer while keeping a secret. "Of course, already has a name, but it has not been disclosed and will be announced in a formal submission of a new car. As for the price, it will be very competitive in this class," - said the head of the company. Kortsekva noted that while Russia's new model Volkswagen saw only Prime Minister Vladimir Putin. This is a car "sedan" economy-class created on the basis of the car Polo and fully adapted to Russia's market value of the car could reach about 440 thousand rubles. Driver localization According to general director of Volkswagen Group Rus, the new car will be the leader of the company's localization - many of its components will be made directly in Kaluga. At the start of the proportion of localization is 40%, not counting the body, which will be 100% Russia - not only cooking and beautiful but also impress the Kaluga plant. "We are also creating a whole new industry of suppliers and has ygovorili about ten international companies to establish their production at Kaluga", - said the head of the company. According to him, some of them will complete construction of its plants in May. Among partners of Volkswagen, he called the Canadian Magna and the Chinese manufacturer of automobile glass FUYAO Glass, who later also plans to produce and windows. "After us in Kaluga come not only to automobile manufacturers. It plans to develop the chemical concern and a manufacturer of railway equipment. Thus, in Kaluga will create a powerful industrial cluster, - has summed up Kortsekva. Forecast By year-end number of employees in a factory Volkswagen Group Rus exceed 3 thousand people. "In the long term in Russia in general we will generate about 10 thousand jobs in view of suppliers and service companies", - said the head of the company. In 2009, Volkswagen has sold 48,5 thousand cars produced in Russia. Kortsekva expects that the issuance of new car sales will grow, but to give specific forecasts are not resolved. The head of the company expects demand for the restoration of Russia's market, including launching the program for recycling old cars. But so far, he said, to revive sales is not observed. "The results of January-February was lower than forecast. In the first half sales will be modest. Nevertheless, we expect that demand for Russia's market this year will be no lower than last year's level - somewhere 1,35 million cars," - said Kortsekva. According to his calculations, the restoration of the market in volume in 2008 (2.8 million cars) to happen to the 2014-2015 year. Concern Volkswagen, established in 1937, is the largest automaker in Europe and one of the largest in the world. Currently, his factory in Kaluga, produces cars brand Volkswagen (Passat, Polo, Jetta, Tiguan, Touareg, Passat CC) and Skoda (Octavia, Octavia Tour, Fabia, Superb). In July 2009 the plant expanded the range, with the launch of models Caddy and Transporter. As of July 1, 2009 investment in the project amounted to 570 million euros. The total investment for the cooperation agreement - 750 million euros.

The dollar has fallen in price at the opening of the first tender spring at 6 cents.

Dollar exchange rate declined at the opening of the first Trading spring for 6 cents - up to 29.94 ruble, the euro exchange rate - for 5 cents, reaching 40.78 rubles, the data suggest the exchange. The cost of currency basket, calculated at market rates, fell at the opening of a 3 penny - up to 34.84 rubles 34.87 rubles against the previous trading day. At the closing on Saturday, which was a working day, the dollar estimates "tomorrow" was 30.00 ruble, the euro exchange rate - 40,83 rubles. Ruble, on Monday received support from expensive oil, which has managed to gain a foothold in the range above 75 dollars per barrel. At 10.00 Moscow time futures mixture London Brent traded at a mark of 77.9 dollars per barrel, against 77.6 dollars on Saturday night. The European currency is again losing ground to the Forex because of fears of investors about the debt problems of Greece. By the opening of foreign exchange in Russia, the euro-dollar fell to 1.3593 dollars against 1.3620 dollars at the close of the previous auction. On Monday the last day of fiscal accounts for payments in Russia, which is also a positive factor for Russia's currency.

Asian Stock Exchange closed different direction against the problems of Toyota and the eurozone.

Asian Stock Exchange on Tuesday closed down different direction against the backdrop of disappointing data on the debt problems of some euro-zone countries, the complexities of the Japanese auto giant Toyota, as well as fears about the possible tightening of monetary policy in China and India, reports Bloomberg. Overall for the Asia-Pacific index MSCI Asia Pacific AC (including Japan) to the end of trading sessions on the major stock exchanges in Asia grew by 0.2% to 114.39 points. On Monday, the stock market in Japan remained pessimistic that emerged late last week. The mood of the players acted the difficult situation with one of the largest manufacturers of automobiles, a Japanese concern Toyota. Over the past few months, Toyota decided to withdraw from the market and should be repaired more than 9 million vehicles. This figure exceeds the annual sales, which in 2009 totaled 7.81 million, and in 2008 - 8,97 million cars. The reason for extensive reviews served as the fault gas pedal, do not return to neutral position, the problem is in the position of the rug, because of which the gas pedal does not return to neutral position, as well as a faulty brake in the car model Prius. The key index of the Tokyo Stock Exchange's Nikkei 225 to the closure of trades dropped to 0.19% to 9,932.90 points. In turn, the broader Topix fell by 0,16% - to 881.57 points. As analysts note, additional impetus to the fall of the stock market in Japan has increased in the last week, investors' concern about the debt problems of some eurozone countries. At the same time, the stock market neighboring China on Tuesday rose despite fears of further tightening of economic policies of the Chinese government. Thus, the index of Shanghai Stock Exchange (Shanghai Composite Index - SCI), whose dynamics changed in the course of trading several times to close the bidding rose by 0,47%, and was at 2,948.84 points. Meanwhile, the composite index showing the dynamics of transactions on the second highest area of mainland China in Shenzhen (SCZE Composite), by the end of the day, rose - on 0,07%, to 11,955.53 points. In turn, the stock market index in Hong Kong, traditionally sensitive to changes in the stock markets of mainland Celestial, on Tuesday to close trading also rose to 1.42% to 19,828.19 points. Also rose and the stock market in South Korea. Index KOSPI (Korean Composite Stock Price Index) to the closing of the auctions increased by 1.14% to 1,570.49 points. According to analysts, the growth of South Korean stock market was possible against the background of increasing European indices, despite the disappointing projections associated with debt problems of the eurozone countries such as Spain, Portugal, Greece and Ireland. Markets in Singapore on Tuesday shut down the growth of 1,05%, to 2721.90 points. In turn, the Australian S & P / ASX 200 fell by 0.36% and was at 4,505.10 points.

Stock exchanges in Europe were closed for the index on the external positive things.

Leading European stock indices on the basis of trading on Tuesday grew for the first time in five trading sessions, an increase of around 1%, against the backdrop of positive news about the level of the business climate in the United States and more than analysts expected, the growth index of business climate in the region's largest economy, Germany, indicate data exchanges. By the closing of the auctions on Tuesday the British FTSE 100 index gained 0.31% and rose to a mark of 5,276.85 points. Germanic Tuesday DAX added 0.67% to 5,668.93 points. The French CAC index on the basis of trades grew well at 0.67% and reached the mark at 3,807.04 points. Positive came to the stock exchanges in Europe from the U.S., where on Tuesday published data on the level of consumer confidence in the economy. According to the research organization Conference Board, an index of consumer confidence in the U.S. economy in January rose to 55.9 points, while analysts had expected the index to increase to only 53.5 points. In addition, internal statistics also supported the trading platforms in the region. The index of business climate in Germany, calculated by the Munich Institute for Economic Research (IFO), in January, showed the growth of the tenth month in a row and reached a level of 95.8 points, which was above analysts' expectations, compared to 94.6 points in December, against a background of improving the perception of the leading German companies, the current economic situation in the country. Analysts predicted that the index of business climate in Europe's largest economy will increase to 95.1 points. We were pleased with European investors and reporting the German industrial concern siemens AG, net income which ended on Dec. 31 in the first quarter of fiscal year 2010 increased by 24% - up to 1,531 billion euros from 1.230 billion euros on the basis of the same period last year. In terms of one common share for the period from 1 October to 31 December profit group that produces a wide range of high-tech products - from light bulbs to trains, has increased by 21% - up to 1.7 euros from 1.4 euros. Enthusiastically responded to trading floors in Europe and Britain to withdraw from a protracted recession. UK GDP in the fourth quarter of 2009, the first time since the spring of 2008 showed growth - at 0.1%. Nevertheless, the growth of the British FTSE 100 index was limited due to the fact that the increase in GDP in the fourth quarter was less than analysts expected 0.4%. Earlier in the trading session of the European indices have shown negative dynamics against a background of speculation regarding the future of the Chinese authorities, tight monetary policy, in particular, limiting credit growth. Analysts believe that in this case, the restoration of the world economy may be endangered. As reported, the Bank of China has stopped issuing new loans to companies in the region of Shanghai, except for those customers who have already paid off existing debt. Construction Bank of China branch in Shanghai were warned of the need for more careful consideration of applications for loans to private individuals, as well as for mortgage loans. In addition, the bank was ordered to stop issuing loans as soon as the set for the current month standard is met. Chinese banks for the first 19 days of January had issued loans totaling about 1.45 trillion yuan (212 billion dollars), which roughly corresponds to 19% of the limit established for the entire 2010, after which the financial authorities decided to impose restrictions on the volume of lending. In addition, the financial authorities of China in mid-January, took the decision to raise banks' reserve requirements the first time since June 2008. FTSE 100 (Financial Times Stock Exchange 100 Index) - the main UK share index, calculated by the quotations of shares 100 British companies with highest market capitalization, weighted by market capitalization. DAX 30 (Deutscher Aktienindex) - Germany's main stock index, calculated as an index of stock returns of the 30 largest companies (by market capitalization). CAC 40 (Cotation Assistee en Continu) - France's main stock index, is calculated as a weighted average capitalization value stock prices 40 largest companies.

Forex News. China. Hong Kong. Trade balance

According to published Tuesday by the Committee of Statistics, the trade surplus for December in Hong Kong recorded in the amount of 33.4 billion Hong Kong dollars, compared with 11.76 billion fixed a year earlier. Economists considered in the volume of 22.9 billion In December, the total value of exported goods increased by 9.2% year on year and reached 224.8 billion, compared with an increase of 1.3% a month earlier. While experts expect 12% growth. The cost of imported goods in December increased by 18.7% to 258.3 billion HK dollars compared with 6.5% growth in November, while economists predicted only 16%. In 2009 overall exports and imports declined by 12.6% and 11% respectively, relative to the same period a year earlier. The trade deficit amounted to a total of 223.3 billion HK dollars.

Europe lives on the percentage .

ECB has kept interest rates at 1%. Unsustainable economic growth, the probability of default "peripheral" euro-zone economy, high unemployment can not abandon the policy of "cheap money". The first is to dare the U.S. government, but not before the summer of 2010, experts say. European Central Bank (ECB) has kept the base interest rate at the same level - 1% per annum. This is the minimum value of the rate in the history of a single regulator in 1999. "Based on an analysis of the situation in the economy and monetary policy, the ECB decided to leave rates unchanged. The current level of rates is adequate to the situation in the economy ", - said the head of the bank, Jean-Claude Trichet at a press conference following the ECB meeting. Thus, European authorities are reluctant to abandon support for the economy and continued soft monetary policy - because the data on the economic state of Europe are contradictory. "Some indicators are disappointing, others are above expectations. The ECB will continue to characterize the situation as uncertain "- quoted The New York Times's chief German economist at Commerzbank Jorg Kremer. According to Fortis Bank economist Nick Kounisa, the ECB makes it clear that they would maintain "a policy of adaptation for a long period," writes Reuters. "We will continue to see the struggle between the two factors - the restoration of the economy and banking system, which is still very bad", -, chief economist of the French AXA Group, Eric Shan. Now in Europe, the highest base rate among major economies. Thus, the U.S. Federal Reserve keeps rates at record low levels in 0-0,25% per annum, the Bank of England - 0,5% per annum, the Bank of Japan - 0.1% per annum. Despite the fact that in the autumn of last year's leading central banks have expressed the need to minimize steps to support the economy, before the real action is still far. "On raising rates as soon as there was no question", - said Director of Sales of investment banking products Nomos Bank Bretislav Tihanek. Euro-zone economy feels worse than the U.S., especially since the EU faced with the probability of sovereign defaults on its individual representatives " - Notes the chief of analytical department of the IR Arbat Capital Sergei Fundobny. At the end of last year were downgraded sovereign credit ratings on Greece, Spain, Portugal, Iceland. In a critical situation are banks in Eastern Europe. "The weak capital positions of banks in Hungary, Romania, Bulgaria and the Baltic states", - stated in the report of analysts Capital Economics. "They should begin to" exit strategy "(drawdown of measures to support the economy -" Gazeta.Ru ") with caution. The last thing expected from the ECB - is that he will break early recovery. Because then it will be too difficult to return the moment. ECB knows it "- cites Bloomberg's chief economist for the euro area in the London office of BNP Paribas Ken Uatretta. In the euro zone as inflation is at levels substantially below the ECB's target level of 2%. "Increased activity in the region did not become self-sustaining, consumers continue to cut costs, and unemployment reached 10%. According to most forecasts, these trends are far from complete, which will ultimately suppress inflation, eliminating the need for central banks to raise rates ", - adds a financial analyst FxPro Alexander Kuptsikevich. Increasing rates of the ECB would strengthen the already expensive euro. "Essentially rising euro constrains opportunities to expand exports and increase in interest rates in such a situation would only worsen the problem" - warns Director of the Department of Treasury and financial markets, Bank Intesa Sergei Pchelintsev. According to a survey conducted by Bloomberg, the European regulator will keep rates at current levels until at least autumn. Increase to 1.5% per annum occur in the fourth quarter, and up to 1,75% - in early 2011. Bank of England will raise rates to 1% per annum by the end of the year. The first is, according to experts, will decide on the rate increase American power: the Federal Reserve, according to the consensus forecast, will raise rates in the third quarter - up to 0,75%, and by March 2011 - up to 1,25%. More rapid than in the EU, raising rates in the United States may be due to higher inflationary expectations in the United States and with more rapid recovery of the U.S. economy, says Pchelintsev. However, according to the head of the Federal Reserve Bank of Chicago, Charles Evans, Federal Reserve rate will not change until June 2010: "We will wait until the situation in the economy does not improve, but is itself an improvement will not become sustainable. Until a change in our policy is extremely unlikely. Growth rates of inflation currently remains below the level, which involves "price stability", which also supports the policy of "adaptation". So far, according to the "Beige Book" (Economic Survey, based on reports from regional Federal Reserve banks), in the American economy suffered a "moderate improvement": over the past eighteen months the economic situation has improved in 10 out of 12 districts. "Consumer behavior in different terms, is characterized as a careful, sensitive to the level of prices, consumers are focused on buying necessities, but sometimes willing to spend an unplanned", - noted in the review. The reduction in purchasing power due to high unemployment, which remains one of the main problems in the American economy. Now it is 10% of the economically active population. "Unemployment has fallen in 2010, only a little", - predicts Evans, adding that a "headwind" in the way of economic recovery this year weakened. According to the head of the Federal Reserve Bank of Boston, Eric Rosengren, the unemployment rate will remain "fairly high".

The robbers stole from collectors in France, 8 million euros .

Armed robbers attacked a van collectors in the area of the city Aubagne in southern France, stealing some 8 million euros, reports the agency France Press. Around 09.45 local time, a group of 10-12 people attacked the van company Sazias, which was directed to the Department of Banque de France in Toulon. The bandits were five cars, two of which are: trucks and SUVs - they burned. Van collectors raiders "opened" with explosives - witnesses heard two explosions. The attackers disarmed collectors and got to the contents of the van. At the crime scene the police arrived, shots were exchanged, but the raiders still managed to escape. Police start search of criminals, which results have not yet returned. Only managed to find two burned-out car belonging to the attackers: they were thrown in a couple of dozen miles from the crime scene. Robbery without casualties - only one of the three collectors was slightly concussion.

The British edition of GQ recognized Gordon Brown "the most gaudy dressed" man of bygone years,

According to the British edition of the magazine GQ "most tastelessly dressed man of 2009" declared Prime Minister Gordon Brown. "Brown - a typical example of British style", - experts believe the publication. The second style was bezvkusnosti actor Russell Brand, and the third - French President Nicolas Sarkozy. Named most stylish actor Robert Pattinson, reports BBC.

Georgian Airways performed 3 charter flights to Moscow from 8-10 January

TBILISI, January 4 Georgian airline Airzena - Georgian Airways will perform three direct charter flights to Moscow from 8-10 January, said the spokesperson of the airline Nino Giorgobiani on Monday at a briefing. RF Transport Ministry has given permission to the Georgian Airlines January 8-10 to fly on the route Tbilisi - Moscow - Tbilisi, and 9 and 10 January - on the route Tbilisi - St. Petersburg - Tbilisi. Question execution of flights in the direction of St. Petersburg has not yet been resolved. "The flights in the direction of Moscow written 8, 9 and 10 January. Resolution of this we have received on December 31 at 10 o'clock," - said Giorgobiani. Moreover, the airline hopes that "in the near future between the aeronautical authorities of Russia and Georgia held talks on the restoration of regular flights." According to her, Airzena suggests that the direct charter flights will be implemented as 16, 20 and 24 January.