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October, Tuesday

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News // Economy

Russia to sign WTO accession document with EU next week

Russia and the European Union will sign  a document next week on Russia's accession to the World Trade Organization (WTO), following the results of bilateral negotiations on the issue, EU delegation to Russia head Fernando Valenzuela said on Monday

30 November 2010 , 11:26RIA Novosti12430

Officials begin work on Irish bailout details

European and IMF officials will start thrashing out the details of a three-year bailout package for Ireland on Monday while the government puts the finishing touches to a 15 billion euro ($20.5 billion) austerity plan

22 November 2010 , 09:41Reuters12210

Medvedev orders government to speed up Russia's WTO bid

The remaining issues hampering Russia's accession to the World Trade Organization should be resolved quickly, and without creating obstacles to businesses, Russian President Dmitry Medvedev said on Monday

16 November 2010 , 12:24RIA Novosti12600

G-20 Grinds Toward Currency Accord

Group of 20 leaders endorsed gradual changes in currency values and agreed to develop early-warning indicators to monitor policies that exacerbate trade imbalances and threaten to disrupt the global economy, officials said

12 November 2010 , 08:34Bloomberg10650

Asian Stocks Decline for Fourth Day After China's Rate Increase

Asian stocks dropped, dragging the MSCI Asia Pacific Index to a two-week low, after China unexpectedly raised lending and deposit rates to curb inflation in the world’s fastest-growing major economy.

20 October 2010 , 08:08Bloomberg19710

Russia's 2010 Budget Deficit May Be below 5.3 pct of GDP

Russia's 2010 federal budget deficit may turn out to be much lower than the forecast of 5.3 percent of gross domestic product (GDP), Prime Minister Vladimir Putin said on Monday

19 October 2010 , 08:56RIA Novosti13980

Russian government to improve investment climate if business adheres to laws - Putin

The Russian government will continue removing administrative obstacles, if businessmen put an end to shadow schemes and tax evasion, Prime Minister Vladimir Putin said on Tuesday.

13 October 2010 , 14:56RIAN12090

U.S. Growth Forecast Lowered

Economists cut U.S. growth forecast after weak summer data

12 October 2010 , 12:31Reuters11870

Yen Rise Undesirable for Japanese Economy

Japanese Economics Minister Banri Kaieda said on Tuesday that the yen's rapid rise is undesirable

12 October 2010 , 12:24Reuters13350

ECB Leaves Refi Rate Unchanged

The European Central Bank's Governing Council decided at its monthly monetary policy meeting Thursday to leave its key interest rate unchanged, the ECB announced

08 October 2010 , 09:48iMarketNews11450

Yen Hits 15-Year High Against Dollar

The Japanese yen hit a new 15-year high against the US dollar today as prime minister Naoto Kan hinted at further currency intervention

07 October 2010 , 19:33Investment Week12210

Ireland’s economic outlook worsens

Ireland’s economic outlook worsened on Monday as the country’s central bank cut its growth forecast for this year, with gross domestic product now set to increase 0.2 per cent against previous forecasts of 0.8 per cent.

07 October 2010 , 18:24Financial Times14880

Yanukovych looks for partners for Ukraine beyond EU

Ukraine will push for reforms that would allow it to join the European Union, but will also develop cooperation with other world powers, including Russia and the United States, Ukrainian President Viktor Yanukovych said on Friday.

01 October 2010 , 14:10RIA Novosti12190

Russian government introduces 2011 draft budget to parliament

The Russian Government on Thursday introduced a federal draft budget for 2011 and the planning period 2012 - 2013 for consideration by the Russian State Duma.

01 October 2010 , 14:03RIA Novosti18880

Ukraine to have Europe's lowest taxes - PM

Ukraine will have the lowest taxes in Europe after a new tax code is adopted, Prime Minister Mykola Azarov said on Friday.

06 September 2010 , 17:06RIA novosti14590

Oil at $85 By The End Of The Year: Pickens

Billionaire energy investor T. Boone Pickens expects oil—currently priced over $71—to reach $85 by the end of the year.

26 August 2010 , 12:42CNBC News13860

Russian Energy Ministry To Submit Amendments to Government Program on APG Projects in Yamal

 In the third quarter of 2010, the Russian Energy Ministry will submit a program on developing subsoil wealth on the Yamal peninsula which will include privileges for a project to produce liquified natural gas - the Yamal LNG project, Russian Energy Minister Sergey Shmatko told journalists in Moscow.

23 August 2010 , 13:36Oil and Gas Eurasia16570

Putin discusses energy cooperation in Iraq with Crescent Petroleum

 Russian Prime Minister Vladimir Putin has discussed energy cooperation in the Middle East with Chairman of the Board of Directors at oil company Crescent Petroleum Hamid Jafar, the Russian government's press service said on Saturday.

23 August 2010 , 13:27RIA Novosti15550

Medvedev suggests reviving Soviet-era projects in Afghanistan

Russian President Dmitry Medvedev proposed on Wednesday breathing new life into bilateral economic projects in Afghanistan, Pakistan and Tajikistan launched during the Soviet era.

19 August 2010 , 12:58RIA Novosti15780

Russia to hold tender for purchase of helicopter carrier - paper

The Russian Defense Ministry will hold a tender on the purchase of a helicopter carrier, having backed out of negotiations to buy the Mistral-class helicopter carrier from France, a Russian business daily said on Thursday.

19 August 2010 , 12:50RIA Novosti11560

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