Continuing: Ukraine refused to buy gas at 250 dollars per thousand cubic meters
SyuzhetyDolgi Ukraine to Gazprom in 2008 godu31.12.2008Timoshenko went to Moscow for talks on gazuKommentariiChto it was holodat19.12.2008 Gazprom threatened to halt gas deliveries to Ukraine 2009 goduPremer Minister Yulia Tymoshenko canceled the planned visit to Moscow for talks on gas supplies to Ukraine in 2009. UNIAN reported.
Tymoshenko held that the Ukrainian leadership goskompanii Naftogaz, which is currently in Moscow for talks, provided at a level which could be signed on gas supplies.
Gazprom said earlier on December 31 that will stop supplying gas to Ukraine at 10 am 1 January 2009, when the contract will cease to operate on the supply of fuel in 2008, if by that time will not be awarded a new contract.
December 30, in Gazprom announced the beginning of preparations for the cessation of gas supplies to Ukraine in 2009. Representatives of the monopoly once again pointed out that the contract for the supply of gas for the next year will not be signed until the debt for 2008 will not be fully repaid.
Earlier Naftogaz "has completed the transfer of 1.5 billion dollars through debt, but still remained to be 600 million, taking into account the fines and penalties. In doing so, "Naftogaz" stated that there will be penalties to pay debts to Gazprom to the arbitration court decision, said RIA Novosti. Remember, even in November, Gazprom demanded that Ukraine immediately to return the debt for gas supplies through the Stockholm arbitration court.
In accordance with the terms of gas supplies to Ukraine if the contract for the supply will expire on 31 December 2008, the termination would have to supply at 10:00 Moscow time on January 1. In doing so, Gazprom's fear that Ukraine will begin to select a trunk gas pipeline that would jeopardize the supply of fuel to Europe.
Wednesday, December 31, 2008
The outflow of capital from Russia for the year was $ 100 billion.
The first 11 months of 2008, investors withdrew from Russia 80 billion dollars a year-end net outflow of capital from the country of 100 billion dollars. With such a forecast was made first deputy head of the Central Bank Alexei Ulyukaev, RIA Novosti.
Investors began to withdraw funds from the Russian economy over the worsening global financial crisis. Thus, even for the first nine months net inflow of 0.8 billion dollars. It is only October outflows amounted to $ 50 billion.
The new forecast Alexei Ulyukaeva said that earlier forecasts of monetary authorities were wrong. For example, in October ministry suggest that capital outflows year-end will be zero. And in the beginning of the year, the same agency believed that the net inflow of 30 billion dollars, and Central - that $ 40 billion.
According to Alexei Ulyukaeva, only a portion of the outflow - is the money that investors withdraw. Another part of the outflow was "adjusting exchange positions of banks."
Deputy Chairman of the Central Bank has also recognized that in 2009 the situation with the outflow of funds will remain the same, but gave no specific figures. Russian Economy Ministry expects that the outcome of next year, the outflow will be about 90 billion dollars.
Investors began to withdraw funds from the Russian economy over the worsening global financial crisis. Thus, even for the first nine months net inflow of 0.8 billion dollars. It is only October outflows amounted to $ 50 billion.
The new forecast Alexei Ulyukaeva said that earlier forecasts of monetary authorities were wrong. For example, in October ministry suggest that capital outflows year-end will be zero. And in the beginning of the year, the same agency believed that the net inflow of 30 billion dollars, and Central - that $ 40 billion.
According to Alexei Ulyukaeva, only a portion of the outflow - is the money that investors withdraw. Another part of the outflow was "adjusting exchange positions of banks."
Deputy Chairman of the Central Bank has also recognized that in 2009 the situation with the outflow of funds will remain the same, but gave no specific figures. Russian Economy Ministry expects that the outcome of next year, the outflow will be about 90 billion dollars.
Gazprom has accused "Naftogaz Ukraine" in blackmail.
SyuzhetyDolgi Ukraine to Gazprom in 2008 godu31.12.2008 "Naftogaz" has transferred 1.5 billion dollars RosUkrEnergoKommentariiChto it was holodat19.12.2008 Gazprom threatened to halt gas deliveries to Ukraine 2009 goduOfitsialny representative of Russia's Gazprom has called the blackmail of a formal letter "Naftogaz Ukraine", which states that after January 1 will receive the right to confiscate the Russian gas that goes in transit to Europe. That was reported by Interfax.
The Ukrainian side in the letter threatened to Gazprom confiscation from January 1, the gas coming from Russia and the denial of guarantees of supplies to Europe in the event with Russia is not concluded a contract for gas deliveries in 2009.
In response, the Deputy Chairman of the Board of Gazprom Alexander Medvedev said that the transit contract with Ukraine, signed in 2006, is valid until the end of 2010. "If I were gogolevskim Viem, I would have asked me to lift her eyelids to look at the person who is wise Ukraine tread on such a path," - said Medvedev. In Gazprom also said that already listed "Naftogaz" of prepay for gas transit in 2009, without specifying the amount of the funds.
Now Gazprom and Naftogaz "to negotiate on the supply of fuel in Ukraine in 2009. According to Medvedev, Gazprom has made Ukraine sverhlgotnoe "proposal for the price of gas for the next year, but until now the price is not accepted by the Ukrainian side, RIA News. In doing so, Medvedev has refused to name a specific price, noting that it is much lower than previously ozvuchennoy prices at 418 dollars per thousand cubic meters. In turn, Sergei Kupriyanov did not rule out that the contract with Ukraine may be signed "in the last minute" of the year. In 2008, the price of gas for Ukraine at 179.5 dollars per thousand cubic meters.
Ukraine insisted earlier that the price of gas in 2009 should be $ 100 per thousand cubic meters, as well as the cost of oil, which is pegged to the price of gas has plummeted.
December 30, "Naftogaz Ukrainy" concluded the transfer of 1.5 billion dollars on account of intermediary RosUkrEnergo for Russia supplied gas for November and December. In Gazprom officially confirmed that RosUkrEnergo has already received the money from Naftogaz, but a Russian company, these funds have not yet received. Previously, it was reported that the total debt of Ukraine is a little more than two billion dollars, taking into account the penalties. The difference between that amount and the one who paid Naftogaz, according to Medvedev - the penalties, which the Ukrainian side has not yet been paid.
December 30, in Gazprom announced the beginning of preparations for the cessation of gas supplies to Ukraine in 2009. As representatives of the monopoly, the contract for gas supplies for next year will not be signed until the debt for 2008 will not be fully repaid. In accordance with the terms of supply, if the contract for the supply will expire on 31 December 2008, the termination would have to supply at 10:00 Moscow time on January 1.
In January 2006, Gazprom has restricted the flow of gas from Ukraine to the non-harmonized prices for next year, the lack of which Kiev dobiral from exports to Europe.
Ukraine annually buys from Russia about 55 billion cubic meters of gas per year, representing more than 70 percent of its consumption. This year Russia sends to Europe for the Ukrainian gas pipelines around 110-120 billion cubic meters - 80 percent of Russian fuel exports to European countries. In turn, a quarter of Europe depends on supplies of Russian gas, said Reuters.
The Ukrainian side in the letter threatened to Gazprom confiscation from January 1, the gas coming from Russia and the denial of guarantees of supplies to Europe in the event with Russia is not concluded a contract for gas deliveries in 2009.
In response, the Deputy Chairman of the Board of Gazprom Alexander Medvedev said that the transit contract with Ukraine, signed in 2006, is valid until the end of 2010. "If I were gogolevskim Viem, I would have asked me to lift her eyelids to look at the person who is wise Ukraine tread on such a path," - said Medvedev. In Gazprom also said that already listed "Naftogaz" of prepay for gas transit in 2009, without specifying the amount of the funds.
Now Gazprom and Naftogaz "to negotiate on the supply of fuel in Ukraine in 2009. According to Medvedev, Gazprom has made Ukraine sverhlgotnoe "proposal for the price of gas for the next year, but until now the price is not accepted by the Ukrainian side, RIA News. In doing so, Medvedev has refused to name a specific price, noting that it is much lower than previously ozvuchennoy prices at 418 dollars per thousand cubic meters. In turn, Sergei Kupriyanov did not rule out that the contract with Ukraine may be signed "in the last minute" of the year. In 2008, the price of gas for Ukraine at 179.5 dollars per thousand cubic meters.
Ukraine insisted earlier that the price of gas in 2009 should be $ 100 per thousand cubic meters, as well as the cost of oil, which is pegged to the price of gas has plummeted.
December 30, "Naftogaz Ukrainy" concluded the transfer of 1.5 billion dollars on account of intermediary RosUkrEnergo for Russia supplied gas for November and December. In Gazprom officially confirmed that RosUkrEnergo has already received the money from Naftogaz, but a Russian company, these funds have not yet received. Previously, it was reported that the total debt of Ukraine is a little more than two billion dollars, taking into account the penalties. The difference between that amount and the one who paid Naftogaz, according to Medvedev - the penalties, which the Ukrainian side has not yet been paid.
December 30, in Gazprom announced the beginning of preparations for the cessation of gas supplies to Ukraine in 2009. As representatives of the monopoly, the contract for gas supplies for next year will not be signed until the debt for 2008 will not be fully repaid. In accordance with the terms of supply, if the contract for the supply will expire on 31 December 2008, the termination would have to supply at 10:00 Moscow time on January 1.
In January 2006, Gazprom has restricted the flow of gas from Ukraine to the non-harmonized prices for next year, the lack of which Kiev dobiral from exports to Europe.
Ukraine annually buys from Russia about 55 billion cubic meters of gas per year, representing more than 70 percent of its consumption. This year Russia sends to Europe for the Ukrainian gas pipelines around 110-120 billion cubic meters - 80 percent of Russian fuel exports to European countries. In turn, a quarter of Europe depends on supplies of Russian gas, said Reuters.
Oil prices fell below $ 35 a barrel.
KommentariiBespolezny defitsit18.12.2008Sokraschenie oil output of OPEC has not led to higher oil tsenTseny oil to the American Stock Exchange NYMEX December 19 continued to decline. First, they dropped to $ 35 per barrel WTI with delivery next month, and then reached the mark in the 33.6 dollar, which is a minimum since April 2004. Back in early December, oil on world markets traded around $ 50 a barrel.
The main reasons for fall in the price of hydrocarbons is commonly referred to as the global financial crisis, which has become the world consume less fuel. In addition, the market could affect speculative-minded investors began to urgently sell contracts for the supply of oil.
19 December - the last day of trading contracts for the supply of oil in January, said AFP. Over the next trading session, selling and buying futures will be only for the supply of oil in February. These securities are traded on NYMEX at a price of 41.71 dollars per barrel.
From a sharp fall in the price of hydrocarbons, the main producing countries have already lost tens and hundreds of billions of dollars. 17 December, the OPEC cartel of oil producers tried to influence the market, reducing production by 2.2 million barrels a day. In addition, OPEC has enlisted the support of Russia and Azerbaijan have also agreed to reduce output.
Investors 17-18 December, barely reacted to news of OPEC, once again lowering the price of oil on world markets. Thus, we can say that now concerns about the slowdown in the global economy were more important for traders to exchanges than the decline in production by OPEC.
The main reasons for fall in the price of hydrocarbons is commonly referred to as the global financial crisis, which has become the world consume less fuel. In addition, the market could affect speculative-minded investors began to urgently sell contracts for the supply of oil.
19 December - the last day of trading contracts for the supply of oil in January, said AFP. Over the next trading session, selling and buying futures will be only for the supply of oil in February. These securities are traded on NYMEX at a price of 41.71 dollars per barrel.
From a sharp fall in the price of hydrocarbons, the main producing countries have already lost tens and hundreds of billions of dollars. 17 December, the OPEC cartel of oil producers tried to influence the market, reducing production by 2.2 million barrels a day. In addition, OPEC has enlisted the support of Russia and Azerbaijan have also agreed to reduce output.
Investors 17-18 December, barely reacted to news of OPEC, once again lowering the price of oil on world markets. Thus, we can say that now concerns about the slowdown in the global economy were more important for traders to exchanges than the decline in production by OPEC.
The international reserves of Russia lost 12 billion dollars per week.
KommentariiZolotovalyutnaya dieta22.12.2008Kolossalnye international reserves of developing countries in the world has decreased significantly due to krizisaObem of international reserves of Russia for a week from 19 to 26 December, 2008 decreased by 12.6 billion dollars, said " Interfax. Thus, their value at 26 December amounted to 438.2 billion dollars.
More December 19, international reserves of the Central Bank of Russia were on the mark at 450.8 billion dollars, an increase in the week to 15.4 billion dollars. This growth was the highest over the past five months, during which the Central Bank is mainly sold the currency to stem the fall of the ruble. In addition, Russian banks had been granted a significant amount of credit. As a result, over the past five months, the reserves fell by nearly $ 150 billion.
Russian international reserves, which first called Centrobank gold, considered as one of the largest in the world. They consist mainly of U.S. and euro, monetary gold, and the reserve position in the International Monetary Fund. In August 2008, they accounted for about 600 billion dollars.
The Russian Ministry believes that in 2009, international reserves of the Central Bank reduced to 110-140 billion dollars. By the end of next year, they amount to 300 billion dollars.
More December 19, international reserves of the Central Bank of Russia were on the mark at 450.8 billion dollars, an increase in the week to 15.4 billion dollars. This growth was the highest over the past five months, during which the Central Bank is mainly sold the currency to stem the fall of the ruble. In addition, Russian banks had been granted a significant amount of credit. As a result, over the past five months, the reserves fell by nearly $ 150 billion.
Russian international reserves, which first called Centrobank gold, considered as one of the largest in the world. They consist mainly of U.S. and euro, monetary gold, and the reserve position in the International Monetary Fund. In August 2008, they accounted for about 600 billion dollars.
The Russian Ministry believes that in 2009, international reserves of the Central Bank reduced to 110-140 billion dollars. By the end of next year, they amount to 300 billion dollars.
"Rostehnologii" asked for money for the maintenance of government assets.
SyuzhetyFormirovanie goskorporatsii "Rostehnologii" 25.11.2008Zadolzhennost sent "Rostehnologiyam" enterprises exceeded 120 billion rubleyGoskorporatsiya "Rostehnologii" asked for financial assistance from the state for the maintenance of its assets. This writes the newspaper Vedomosti.
According to the publication, "Rostehnologii has already sent two letters to the government with a request to transfer to the charter capital goskorporatsii about 30 billion rubles, but the amount has not been agreed by the parties. In Rostehnologiyah refused to comment on this information.
Vedomosti noted that the support from the authorities may be expressed not only in monetary terms. In particular, goskorporatsiya joined the list of system-Russian enterprises, which will be able to rely on the authorities.
Recall of "Rostehnology" will include 426 companies. In late November, it was reported that the total debt of these assets exceeded 120 billion rubles. This amount does not include the debts of 11 airlines that are members of the new alliance "Rosavia" created on the basis of AiRUnion "Rostehnologiyami and the Government of Moscow.
"Rostehnologii" formed in November 2007 on the basis of "Rosoboronexport". Goskorporatsiya gospakety receive shares in such large enterprises as VSMPO-Avisma, AvtoVAZ and Kamaz, Oboronprom and Russpetsstal.
According to the publication, "Rostehnologii has already sent two letters to the government with a request to transfer to the charter capital goskorporatsii about 30 billion rubles, but the amount has not been agreed by the parties. In Rostehnologiyah refused to comment on this information.
Vedomosti noted that the support from the authorities may be expressed not only in monetary terms. In particular, goskorporatsiya joined the list of system-Russian enterprises, which will be able to rely on the authorities.
Recall of "Rostehnology" will include 426 companies. In late November, it was reported that the total debt of these assets exceeded 120 billion rubles. This amount does not include the debts of 11 airlines that are members of the new alliance "Rosavia" created on the basis of AiRUnion "Rostehnologiyami and the Government of Moscow.
"Rostehnologii" formed in November 2007 on the basis of "Rosoboronexport". Goskorporatsiya gospakety receive shares in such large enterprises as VSMPO-Avisma, AvtoVAZ and Kamaz, Oboronprom and Russpetsstal.
Japanese Central Bank rate closer to zero following the Fed.
KommentariiZero17.12.2008FRS USA lowered the base rate to a historic minimumaBank Japan lowered the base rate for refinancing 0.2 percentage point to 0.1 percent, reported AFP. This decision was taken by the Japanese Central Bank against a backdrop of declining rates of mass central leading the world in December.
On 16 December the U.S. Federal Reserve reduced the rate to range 0-0,25 per cent of this figure was a historic minimum for the U.S. financial system. A few days earlier, the rate was lowered by 1 percentage point to two per cent of the Bank of England.
Central Bank reduced the rates to combat one of the worst financial crises in the past 100 years. Most of the major economies around the world have already or are in recession or close to it. The total loss of world financial institutions exceed a trillion dollars.
Some countries, however, raise the refinancing rate to support their currencies, which were threatened by uncontrolled devaluation. For example, in October-November rate raised the Bank of Russia, central Iceland and Hungary.
On 16 December the U.S. Federal Reserve reduced the rate to range 0-0,25 per cent of this figure was a historic minimum for the U.S. financial system. A few days earlier, the rate was lowered by 1 percentage point to two per cent of the Bank of England.
Central Bank reduced the rates to combat one of the worst financial crises in the past 100 years. Most of the major economies around the world have already or are in recession or close to it. The total loss of world financial institutions exceed a trillion dollars.
Some countries, however, raise the refinancing rate to support their currencies, which were threatened by uncontrolled devaluation. For example, in October-November rate raised the Bank of Russia, central Iceland and Hungary.
Gazprom has formed a headquarters to turn off gas to Ukraine.
SyuzhetyDolgi Ukraine to Gazprom in 2008 godu29.12.2008Kiev does not want to pay for gazKommentariiChto it was holodat19.12.2008 Gazprom threatened to halt gas deliveries to Ukraine 2009 goduRossiyskaya gas monopoly "Gazprom has established December 30, the operational headquarters, which will disconnect gas supply to Ukraine. The statement was made by the head of Gazprom Alexei Miller in the broadcast TV channel Vesti. Fuel delivery to Ukraine may stop on 1 January, as the parties have not yet signed a contract for the delivery in 2009.
Recall that Gazprom has refused to sign documents with Naftogaz, while he did not repay the debt for delivery in November and December 2008. At the same time representatives of the Russian monopoly has repeatedly stated that the Ukrainian side does not intend to pay before the end of the year. However, December 30, Alexey Miller said that he hoped to conclude a new contract before the New Year.
According to the Russian side, the cost of fuel for Ukraine in 2009 will be 418 dollars per thousand cubic meters. In 2008, "Naftogaz" to pay 179.5 dollars per thousand cubic meters. At the same time in 2008, oil prices on the world market, which is usually tied to the cost of gas, not only increased, but also significantly decreased.
Previously, it was reported that the duty of "Naftogaz" to "Gazprom" is more than two billion dollars. Last November, the Ukrainian side owed 805 million dollars, and in December - still 862 million. The remaining amount of the penalty for late payment.
December 23, Ukrainian President Viktor Yushchenko said that "Naftogaz" has managed to defer the payment of debts in January-February. However, Gazprom denied this information. A December 29, Prime Minister of Russia Vladimir Putin has reiterated that the main reason for the lack of a contract between Gazprom and Naftogaz is the duty of the Ukrainian side.
Recall that Gazprom has refused to sign documents with Naftogaz, while he did not repay the debt for delivery in November and December 2008. At the same time representatives of the Russian monopoly has repeatedly stated that the Ukrainian side does not intend to pay before the end of the year. However, December 30, Alexey Miller said that he hoped to conclude a new contract before the New Year.
According to the Russian side, the cost of fuel for Ukraine in 2009 will be 418 dollars per thousand cubic meters. In 2008, "Naftogaz" to pay 179.5 dollars per thousand cubic meters. At the same time in 2008, oil prices on the world market, which is usually tied to the cost of gas, not only increased, but also significantly decreased.
Previously, it was reported that the duty of "Naftogaz" to "Gazprom" is more than two billion dollars. Last November, the Ukrainian side owed 805 million dollars, and in December - still 862 million. The remaining amount of the penalty for late payment.
December 23, Ukrainian President Viktor Yushchenko said that "Naftogaz" has managed to defer the payment of debts in January-February. However, Gazprom denied this information. A December 29, Prime Minister of Russia Vladimir Putin has reiterated that the main reason for the lack of a contract between Gazprom and Naftogaz is the duty of the Ukrainian side.
Medvedev has made changes to the budget for the coming years.
SyuzhetyFormirovanie Budget for 2009-2011 gody15.12.2008Pravitelstvo submitted to the State Duma amendments to the first three byudzhetuPrezident Russia Dmitry Medvedev on 30 December signed several laws aimed at the stabilization of the economy. In particular, the president approved amendments to the budget for 2009-2011, which will allow easier access to government guarantees, as well as to finance measures aimed at combating unemployment. That was reported by RIA Novosti.
In addition, Dmitry Medvedev signed a law to raise the portion of the profit tax rate, which will go into the budgets of regions, rather than the federal budget. Now the region will be given 18 percent, not 17.5 percent. The federal budget will not pick up a 2.5 and 2 per cent.
Previously, it was reported that the Government in terms of financial and economic crisis, has decided to reduce the overall tax rate on profits from 24 to 20 percent. Nevertheless, it is expected that this measure would have limited impact, as are profits in 2008 decreased significantly. At the end of the year, many of them worked at a loss.
Medvedev also endorsed giving the Central Bank the power to appoint authorized representatives to the lending institutions that have requested assistance from the state and can not cope with its commitments. The document stresses that these representatives can not interfere in the activities of credit institutions.
All three laws were approved by the State Duma and the Federation Council in December 2008.
Recall that a budget of Russia in 2009-2011 was passed even before an economic crisis. Because of this, its parameters will need to be reviewed. For example, the budget said that the country's income will exceed the costs. In December, the Ministry of Finance and Administration of the President has admitted that at the end of the year will be recorded a budget deficit. The same applies to other major macroeconomic projections.
In addition, Dmitry Medvedev signed a law to raise the portion of the profit tax rate, which will go into the budgets of regions, rather than the federal budget. Now the region will be given 18 percent, not 17.5 percent. The federal budget will not pick up a 2.5 and 2 per cent.
Previously, it was reported that the Government in terms of financial and economic crisis, has decided to reduce the overall tax rate on profits from 24 to 20 percent. Nevertheless, it is expected that this measure would have limited impact, as are profits in 2008 decreased significantly. At the end of the year, many of them worked at a loss.
Medvedev also endorsed giving the Central Bank the power to appoint authorized representatives to the lending institutions that have requested assistance from the state and can not cope with its commitments. The document stresses that these representatives can not interfere in the activities of credit institutions.
All three laws were approved by the State Duma and the Federation Council in December 2008.
Recall that a budget of Russia in 2009-2011 was passed even before an economic crisis. Because of this, its parameters will need to be reviewed. For example, the budget said that the country's income will exceed the costs. In December, the Ministry of Finance and Administration of the President has admitted that at the end of the year will be recorded a budget deficit. The same applies to other major macroeconomic projections.
Tuesday, December 30, 2008
Ukraine has found the means to calculate with Gazprom.
Continuing: Ukraine announced a debt for gas
SyuzhetyDolgi Ukraine to Gazprom in 2008 godu30.12.2008 Gazprom formed a headquarters to disconnect supply to UkrainuKommentariiChto it was holodat19.12.2008 Gazprom threatened to halt gas deliveries to Ukraine 2009 goduKompaniya Naftogaz of Ukraine to pay Russia's Gazprom for natural gas delivered in November and December 2008, through two loans gosbankov - Oschadbanka and Ukreximbank. That was reported by Interfax, citing the decision of the Ukrainian government on 29 December. In Ukraine, promised that the funds received by Russian companies are already on 30 December.
Gazprom has refused to sign a contract with Ukraine for 2009 until the debt is not repaid. The total debt of Ukraine to Gazprom is more than two billion dollars, including fines.
December 30 at Gazprom said that the operational headquarters set up to turn off fuel supplies to Ukraine. However, the Russian monopoly in a very specific form stressed that negotiations are continuing. "The chief sits with Dubinoy - in direct and figurative sense," - said the official representative of Gazprom Sergei Kupriyanov. Oleg Dubina - Chairman of the Board of Naftogaz Ukrainy. The words refer Kupriyanova channel Vesti.
If a contract for the supply of gas will not be signed before January 1, 2009, that Gazprom has the right not to supply fuel to Ukraine. In this gas through the territory of the country will still go, because he comes to Ukrainian pipelines to Europe.
Representatives of the European Union have repeatedly expressed concerns about disruption of supplies through Ukraine. However, Gazprom, and Naftogaz of Ukraine has repeatedly stressed that the commitment of European contract will be implemented in full.
Earlier, Gazprom said that if the contract is signed, the Ukraine, the fuel will be supplied to 418 dollars per thousand cubic meters. In 2008, gas sold at 179.5 dollars per thousand cubic meters.
What caused such a sharp price increase in a significant fall of the value of hydrocarbons on the world market, "Gazprom" is not explained. In mid-December in the gas monopoly said that the average price of fuel would be 260-300 dollars per thousand cubic meters, depending on transportation costs.
SyuzhetyDolgi Ukraine to Gazprom in 2008 godu30.12.2008 Gazprom formed a headquarters to disconnect supply to UkrainuKommentariiChto it was holodat19.12.2008 Gazprom threatened to halt gas deliveries to Ukraine 2009 goduKompaniya Naftogaz of Ukraine to pay Russia's Gazprom for natural gas delivered in November and December 2008, through two loans gosbankov - Oschadbanka and Ukreximbank. That was reported by Interfax, citing the decision of the Ukrainian government on 29 December. In Ukraine, promised that the funds received by Russian companies are already on 30 December.
Gazprom has refused to sign a contract with Ukraine for 2009 until the debt is not repaid. The total debt of Ukraine to Gazprom is more than two billion dollars, including fines.
December 30 at Gazprom said that the operational headquarters set up to turn off fuel supplies to Ukraine. However, the Russian monopoly in a very specific form stressed that negotiations are continuing. "The chief sits with Dubinoy - in direct and figurative sense," - said the official representative of Gazprom Sergei Kupriyanov. Oleg Dubina - Chairman of the Board of Naftogaz Ukrainy. The words refer Kupriyanova channel Vesti.
If a contract for the supply of gas will not be signed before January 1, 2009, that Gazprom has the right not to supply fuel to Ukraine. In this gas through the territory of the country will still go, because he comes to Ukrainian pipelines to Europe.
Representatives of the European Union have repeatedly expressed concerns about disruption of supplies through Ukraine. However, Gazprom, and Naftogaz of Ukraine has repeatedly stressed that the commitment of European contract will be implemented in full.
Earlier, Gazprom said that if the contract is signed, the Ukraine, the fuel will be supplied to 418 dollars per thousand cubic meters. In 2008, gas sold at 179.5 dollars per thousand cubic meters.
What caused such a sharp price increase in a significant fall of the value of hydrocarbons on the world market, "Gazprom" is not explained. In mid-December in the gas monopoly said that the average price of fuel would be 260-300 dollars per thousand cubic meters, depending on transportation costs.
The official number of unemployed Russians will exceed two million.
The number of officially registered unemployed in Russia in 2009 will be 2,1-2,2 million, said the head of MHSD Tatiana Golikova. Her words RIA News. This Golikova noted that while the number of unemployed Russians did not exceed budgeted in 2009 1.6 million people. According to the agency at the end of December 2008, the number of registered unemployed amounted to 1.454 billion people.
In addition, according to Golikovoy, MHSD offered to pay an annual lump-sum unemployment benefits to unemployed so Russians who want to open their own business. Nevertheless, it did not specify the exact amount to be paid to the unemployed. Recall from 1 January 2009 the maximum rate of unemployment benefits in Russia will be 4.9 thousand rubles, and the minimum - 850 rubles.
Previously, December 29, Vice Prime Minister of Russia Alexander Zhukov said that the government of Russia will provide for the maintenance of the labor market 43.7 billion rubles. The money will be transferred to regional budgets. It is expected that the funds will be spent on training, creation of temporary jobs, increase unemployment benefits, as well as support for small business.
December 26, 2008 Rostrud issued a forecast for unemployment in the first quarter of 2009. According to forecasts, the first three months of 2009, the work could lose 250 thousand Russians. In this work, first of all, could be excluded, economists, lawyers and managers. According to the Ministry of Economic Development, in 2009 the number of unemployed Russians will increase by one million to 5.6 million.
In addition, according to Golikovoy, MHSD offered to pay an annual lump-sum unemployment benefits to unemployed so Russians who want to open their own business. Nevertheless, it did not specify the exact amount to be paid to the unemployed. Recall from 1 January 2009 the maximum rate of unemployment benefits in Russia will be 4.9 thousand rubles, and the minimum - 850 rubles.
Previously, December 29, Vice Prime Minister of Russia Alexander Zhukov said that the government of Russia will provide for the maintenance of the labor market 43.7 billion rubles. The money will be transferred to regional budgets. It is expected that the funds will be spent on training, creation of temporary jobs, increase unemployment benefits, as well as support for small business.
December 26, 2008 Rostrud issued a forecast for unemployment in the first quarter of 2009. According to forecasts, the first three months of 2009, the work could lose 250 thousand Russians. In this work, first of all, could be excluded, economists, lawyers and managers. According to the Ministry of Economic Development, in 2009 the number of unemployed Russians will increase by one million to 5.6 million.
The economy of France has avoided a recession in 2008.
Economy of France escaped a recession in 2008, tells AFP, referring to the National Statistics Institute INSEE. At the end of third quarter GDP grew by 0.1 percent after 0.3 percent in the quarter before.
According to the INSEE for the fourth quarter decline in GDP of France would be 0.8 per cent, while the first three months of 2009 - 0.4 percent. Recall that in most countries, including France, the recession is considered to be a reduction in GDP for two consecutive quarters. In the second quarter of 2009, INSEE expects the GDP to decline 0.1 percent.
Now the French economy is one of the few in the European Union to avoid a recession. Earlier, on the economic slowdown was recorded in Sweden, Spain, Italy, Latvia, and some other countries. To confront the global financial crisis the European Commission announced a pan-European plan to stimulate the economy, the financing of which will require about 200 billion euros.
According to the INSEE for the fourth quarter decline in GDP of France would be 0.8 per cent, while the first three months of 2009 - 0.4 percent. Recall that in most countries, including France, the recession is considered to be a reduction in GDP for two consecutive quarters. In the second quarter of 2009, INSEE expects the GDP to decline 0.1 percent.
Now the French economy is one of the few in the European Union to avoid a recession. Earlier, on the economic slowdown was recorded in Sweden, Spain, Italy, Latvia, and some other countries. To confront the global financial crisis the European Commission announced a pan-European plan to stimulate the economy, the financing of which will require about 200 billion euros.
The Government of Russia to stabilize the labor market 44 billion rubles.
The Government of Russia will allocate 43.7 billion rubles to stabilize the situation in the labor market, said Vice Prime Minister of Russia Alexander Zhukov. His words RIA News. These funds are planned to transfer to regional budgets in 2009, provided that the authorities in the region will present to the government of Russia to support the labor market.
Government Decision on the allocation of subsidies, according to Zhukov, now in its harmonization in all ministries and departments. As expected, isolated from the federal budget money will be spent on training, creation of temporary jobs, targeted support for Russians wishing to move to another region for employment, as well as loans for small businesses.
In the face of the global financial crisis, the number of unemployed in Russia in 2009 could rise. According to Rostruda, promulgated on 26 December 2008, from January to March 2009 in Russia could be laid off about 250 thousand people. In doing so, according to the head office of Yuri Herzen, more layoffs should be wary of all economists, lawyers and managers.
December 18, 2008 Deputy Minister of Economic Development of Russia Andrei Klepach said that in 2009 the number of unemployed Russians can grow to 4,6 to 5,6 million. The number of officially registered unemployed people will increase from 1.65 million to 2.8 million.
Meanwhile, the willingness to join the fight against rising unemployment announced Mintrans Russia. According to the head of the Ministry Igor Levitin, the agency has begun to develop programs for the employment of unemployed Russians at the time of the repair and construction of roads.
Government Decision on the allocation of subsidies, according to Zhukov, now in its harmonization in all ministries and departments. As expected, isolated from the federal budget money will be spent on training, creation of temporary jobs, targeted support for Russians wishing to move to another region for employment, as well as loans for small businesses.
In the face of the global financial crisis, the number of unemployed in Russia in 2009 could rise. According to Rostruda, promulgated on 26 December 2008, from January to March 2009 in Russia could be laid off about 250 thousand people. In doing so, according to the head office of Yuri Herzen, more layoffs should be wary of all economists, lawyers and managers.
December 18, 2008 Deputy Minister of Economic Development of Russia Andrei Klepach said that in 2009 the number of unemployed Russians can grow to 4,6 to 5,6 million. The number of officially registered unemployed people will increase from 1.65 million to 2.8 million.
Meanwhile, the willingness to join the fight against rising unemployment announced Mintrans Russia. According to the head of the Ministry Igor Levitin, the agency has begun to develop programs for the employment of unemployed Russians at the time of the repair and construction of roads.
Russia was unable to agree with Ukraine on gas.
SyuzhetyDolgi of Ukraine to Gazprom in 2008 godu29.12.2008Natsbank help Ukraine Naftogaz "to settle accounts with RossieyKommentariiChto it was holodat19.12.2008 Gazprom threatened to halt gas deliveries to Ukraine goduDostich 2009 agreement with the Ukraine to pay debts for gas has not yet been possible. According to Interfax, that Prime Minister Vladimir Putin of Russia. On the question of why not able to agree, Putin replied: "do not want to pay."
Now the Ukrainian debt to Gazprom for gas deliveries in November and December 2008, more than two billion dollars. According to some estimates, by January 1, the volume of Ukrainian debt for gas could reach about three billion dollars. The Russian gas monopoly has repeatedly stated that he would not sign a contract for gas supplies to Ukraine, as it does not meet its debts. It is not impossible to stop the flow in 2009.
December 23, Ukrainian President Viktor Yushchenko said that Ukraine fully pay for gas deliveries. According to him, Russia has received from the Ukrainian side one billion dollars. The remainder of the debt, according to Yushchenko, had been "restructured in January and February." Later, Gazprom denied it, saying that money for gas supplies in November and December 2008 have not been received.
In early October this year, the Government of Russia and Ukraine signed a memorandum on cooperation in gas sphere. One of the main provisions of the instrument is the ability to direct long-term gas supply Naftogaz Ukrainy. However, it will be possible only after the full repayment of gas received by Ukraine in 2008.
If an agreement with Ukraine on the supply would still be signed, as of 1 January 2009 settlement price for natural gas will be 418 dollars per thousand cubic meters, RIA Novosti reported. The statement was made chairman of Gazprom Alexei Miller. Raising prices will be linked with the transition to market prices. In 2008, Ukraine purchased Russian gas at 179.5 dollars per thousand cubic meters.
Now the Ukrainian debt to Gazprom for gas deliveries in November and December 2008, more than two billion dollars. According to some estimates, by January 1, the volume of Ukrainian debt for gas could reach about three billion dollars. The Russian gas monopoly has repeatedly stated that he would not sign a contract for gas supplies to Ukraine, as it does not meet its debts. It is not impossible to stop the flow in 2009.
December 23, Ukrainian President Viktor Yushchenko said that Ukraine fully pay for gas deliveries. According to him, Russia has received from the Ukrainian side one billion dollars. The remainder of the debt, according to Yushchenko, had been "restructured in January and February." Later, Gazprom denied it, saying that money for gas supplies in November and December 2008 have not been received.
In early October this year, the Government of Russia and Ukraine signed a memorandum on cooperation in gas sphere. One of the main provisions of the instrument is the ability to direct long-term gas supply Naftogaz Ukrainy. However, it will be possible only after the full repayment of gas received by Ukraine in 2008.
If an agreement with Ukraine on the supply would still be signed, as of 1 January 2009 settlement price for natural gas will be 418 dollars per thousand cubic meters, RIA Novosti reported. The statement was made chairman of Gazprom Alexei Miller. Raising prices will be linked with the transition to market prices. In 2008, Ukraine purchased Russian gas at 179.5 dollars per thousand cubic meters.
Yushchenko approved the budget deficit for 2009.
Ukrainian President Viktor Yushchenko signed a law on the state budget for 2009. This is how transfers "Korrespondent.net, said on Monday deputy head of the Presidential Secretariat Oleksandr Shlapak. He did not specify details of the signed document, but noted that Ukraine will face a budget deficit in February 2009.
December 26, 2008 it became known that the Verkhovna Rada of Ukraine adopted a budget for 2009, the minimum required number of votes (226 of 450). The budget for 2009 sverstan deficit. At the same time limiting the deficit was set at 31 billion hryvnia (about four billion dollars).
Under the bill approved by the Rada, budget revenues in 2009 amount to 238 billion hryvnia (31.2 billion dollars). Expenditures were projected at 266 billion hryvnia (34.9 billion dollars). Spending was increased to 1.5 billion hryvnia.
December 26, 2008 it became known that the Verkhovna Rada of Ukraine adopted a budget for 2009, the minimum required number of votes (226 of 450). The budget for 2009 sverstan deficit. At the same time limiting the deficit was set at 31 billion hryvnia (about four billion dollars).
Under the bill approved by the Rada, budget revenues in 2009 amount to 238 billion hryvnia (31.2 billion dollars). Expenditures were projected at 266 billion hryvnia (34.9 billion dollars). Spending was increased to 1.5 billion hryvnia.
Monday, December 29, 2008
To finance the plan would require Obama to 775 billion dollars.
Financing the maintenance of the American economy, developed by elected U.S. President Barack Obama, can cost from 675 to 775 billion dollars, reports AFP, referring to the statement by Obama senior adviser David Akselrod (David Axelrod).
Obama has not yet announced details of its plan, but some details are already known. In particular, the U.S. president-elect intends to invest in building and maintaining infrastructure, which will create additional jobs. In addition, part of the money will be spent on reforming the compulsory health insurance.
The world financial crisis, which began in August 2007, raised in the first developed country in the world and, above all, the United States. The American economy, as estimated by the National Bureau of Economic Research (NBER) is in a recession since December 2007. U.S. GDP in the third quarter of 2008 decreased by 0.5 percent. Since the beginning of the year U.S. employers cut more than 1.9 million jobs and the unemployment rate was 6.7 percent.
Obama has not yet announced details of its plan, but some details are already known. In particular, the U.S. president-elect intends to invest in building and maintaining infrastructure, which will create additional jobs. In addition, part of the money will be spent on reforming the compulsory health insurance.
The world financial crisis, which began in August 2007, raised in the first developed country in the world and, above all, the United States. The American economy, as estimated by the National Bureau of Economic Research (NBER) is in a recession since December 2007. U.S. GDP in the third quarter of 2008 decreased by 0.5 percent. Since the beginning of the year U.S. employers cut more than 1.9 million jobs and the unemployment rate was 6.7 percent.
The budget deficit will force the American states to sell the beaches and parks.
Some U.S. states in connection with the budget deficit will sell into private hands or lease infrastructure such as toll roads, parks, airports, golf courses and beaches, said on Saturday agency Associated Press.
According to the agency, the budget deficit recorded in 44 states, selling of public property, local authorities will be able to get liquidity, the acute shortage of which may, in certain scenarios lead to higher taxes.
For example, the government of Minnesota, the budget deficit which amounts to 5.27 billion dollars, will sell International Airport Minneapolis-Saint Paul, obtained for a 2.5 billion, and the state lottery, for which the authorities hoped to get another half a billion.
New York Governor David Paterson (David Paterson) in turn has ordered to create a special commission to examine the possibility of renting such facilities as Teppan-Zee Bridge north of New York, golf courses, beaches and toll roads.
Experts believe that such objects of public property are attractive to private investors, as they are highly "material", that is not actually exposed to a recession. At the same time, some experts feared that the sale of such facilities had a negative impact on the welfare of the population, as well as private owners may not care about that in the pursuit of profit.
It reminds the agency, several American states, even before the financial crisis passed, some objects of public property into private hands. For example, Indiana has earned in 2006, 2.6 billion dollars, passing for 75 years, the toll road lease the Australian and Spanish companies. Similarly, earned 3.5 billion of Chicago in Illinois.
According to the agency, the budget deficit recorded in 44 states, selling of public property, local authorities will be able to get liquidity, the acute shortage of which may, in certain scenarios lead to higher taxes.
For example, the government of Minnesota, the budget deficit which amounts to 5.27 billion dollars, will sell International Airport Minneapolis-Saint Paul, obtained for a 2.5 billion, and the state lottery, for which the authorities hoped to get another half a billion.
New York Governor David Paterson (David Paterson) in turn has ordered to create a special commission to examine the possibility of renting such facilities as Teppan-Zee Bridge north of New York, golf courses, beaches and toll roads.
Experts believe that such objects of public property are attractive to private investors, as they are highly "material", that is not actually exposed to a recession. At the same time, some experts feared that the sale of such facilities had a negative impact on the welfare of the population, as well as private owners may not care about that in the pursuit of profit.
It reminds the agency, several American states, even before the financial crisis passed, some objects of public property into private hands. For example, Indiana has earned in 2006, 2.6 billion dollars, passing for 75 years, the toll road lease the Australian and Spanish companies. Similarly, earned 3.5 billion of Chicago in Illinois.
Yushchenko called the budget of Ukraine for 2009 "tragedy."
Comments "schemer" against "adventuress" 22.12.2008Yuschenko and Tymoshenko have entered into an open voynuSyuzhetyAntikrizisnye credit MVF08.12.2008Latviya receive credit MVFPrezident Victor Yushchenko criticized the Government, claiming that lodged in Verkhovna Rada a draft budget for 2009 is "a tragedy". Reported Korrespondent.Net.
"This is the most irresponsible political gamble, and the document" - said Yushchenko, who demanded that the Government has prepared a strengthened.
Earlier, Cabinet introduced in dairy corrected the draft 2009 state budget with a deficit of more than 2 percent of Ukraine, the agency "Ukrainian News". According to the document, the Ukrainian state budget revenues in 2009 amount to 237 billion hryvnia, and the cost - 265 billion hryvnia.
Back in September, the government of Prime Minister of Ukraine Yulia Tymoshenko proposed parliament to approve the state budget-2009 with an income 288 billion hryvnia, and the cost - 302 billion hryvnia. At the same time limiting the deficit was up 17.4 billion hryvnia (1.37 percent). But in November, the Cabinet of Ministers, at the request of Yushchenko, withdrew the bill from parliament to adjust.
Amend the budget was necessary to Ukraine in connection with obtaining a loan at 16.5 billion dollars from the International Monetary Fund (IMF). Now Kiev has received the first tranche of the loan. In doing so, as a condition of granting the IMF demanded that the Ukrainian budget in 2009 was bezdefitsitnym.
Previously, it was reported that the Ministry of Finance forecasts the fiscal deficit in 2008 of less than 1 percent of GDP.
"This is the most irresponsible political gamble, and the document" - said Yushchenko, who demanded that the Government has prepared a strengthened.
Earlier, Cabinet introduced in dairy corrected the draft 2009 state budget with a deficit of more than 2 percent of Ukraine, the agency "Ukrainian News". According to the document, the Ukrainian state budget revenues in 2009 amount to 237 billion hryvnia, and the cost - 265 billion hryvnia.
Back in September, the government of Prime Minister of Ukraine Yulia Tymoshenko proposed parliament to approve the state budget-2009 with an income 288 billion hryvnia, and the cost - 302 billion hryvnia. At the same time limiting the deficit was up 17.4 billion hryvnia (1.37 percent). But in November, the Cabinet of Ministers, at the request of Yushchenko, withdrew the bill from parliament to adjust.
Amend the budget was necessary to Ukraine in connection with obtaining a loan at 16.5 billion dollars from the International Monetary Fund (IMF). Now Kiev has received the first tranche of the loan. In doing so, as a condition of granting the IMF demanded that the Ukrainian budget in 2009 was bezdefitsitnym.
Previously, it was reported that the Ministry of Finance forecasts the fiscal deficit in 2008 of less than 1 percent of GDP.
Serbia has allowed Russia to buy the local oil companies.
The President of Russia Dmitry Medvedev and Serbian President Boris Tadic signed on 24 December an agreement on cooperation in oil and gas industry, the agency Interfax. The document confirms that the ownership of Gazprom oil "is moving 51 percent of shares in the largest Serbian oil refining company Naftna Industrija Srbije (NIS).
The deal to buy a controlling stake amounted to NIS 400 million euros. In addition, the Russian side to further invest in the development of the company until 2012 at least half a euro. Protocol on the sale of shares of NIS has been signed by the parties in January 2008.
The deal with the shares of NIS, is expected to be completed before May 1, 2009. After signing the contract of sale "Gazprom Neft" must obtain permission from the Serbian antimonopolschikov, which may consider the application within 130 days.
In addition, the agreement provides for the construction of Gazprom on the territory of Serbia, 400 km of gas pipeline South Stream, "which will be used to transport gas to Europe, and the completion of the gas storage" Banatski Dvor, said RIA Novosti. The total investment on the Russian side to reach agreements with Serbia 1-2,5 billion dollars.
The deal to buy a controlling stake amounted to NIS 400 million euros. In addition, the Russian side to further invest in the development of the company until 2012 at least half a euro. Protocol on the sale of shares of NIS has been signed by the parties in January 2008.
The deal with the shares of NIS, is expected to be completed before May 1, 2009. After signing the contract of sale "Gazprom Neft" must obtain permission from the Serbian antimonopolschikov, which may consider the application within 130 days.
In addition, the agreement provides for the construction of Gazprom on the territory of Serbia, 400 km of gas pipeline South Stream, "which will be used to transport gas to Europe, and the completion of the gas storage" Banatski Dvor, said RIA Novosti. The total investment on the Russian side to reach agreements with Serbia 1-2,5 billion dollars.
"Gazprom does not believe in the ability of" Naftogaz "to pay debts.
SyuzhetyDolgi Ukraine to Gazprom in 2008 godu24.12.2008 Gazprom called the" hour X "for UkrainyKommentariiChto it was holodat19.12.2008 Gazprom threatened to halt gas deliveries Ukraine in 2009 goduPredstavitel Gazprom Sergei Kupriyanov questioned the ability of Ukraine to pay up to 1 January 2009 debts to Russia for gas delivered in November and December 2008.
"We understand that just from their own funds that Naftogaz" collects from its customers, and they can not pay. Therefore, we are now looking for possible arrangements that would enable them to do so, "- Kupriyanov said on the radio station Ekho Moskvy ".
According to him, there are several ways to resolve the debt, for example, using the pre-transit. In addition, the possible return of the gas, which is located in underground storage facilities in Ukraine.
Kupriyanov said that the Ukrainian debt to Gazprom today is little more than two billion dollars.
This figure is comparable with the duty of Transnistria to the Russian gas monopoly, but, according to Kupriyanova, this debt "stretches back to 90 years" and not connected with the current supply.
"It is an old debt, which now we recover do not see any possibility. Current fees they pay," - the representative of Gazprom.
Referring to the situation with the supply of gas to South Ossetia, Kupriyanov said that the situation is "very difficult and unpleasant." According to him, the pipeline is to be ready only in 2009, "so if Georgia does not provide the supply of gas through its territory of Ossetia, South Ossetia this winter will be without gas, it would be cold."
"We for our part in the territory of South Ossetia, the entire infrastructure rebuilt after the fighting. Podtalkivaem now, and the Georgian side to fix your site pipeline. They say that the Ossetian part of the problem" - Kupriyanov added.
He also said that gas supplies to Georgia did not stop even during the war in August, as Tbilisi fully complies with the contract with Gazprom.
"We understand that just from their own funds that Naftogaz" collects from its customers, and they can not pay. Therefore, we are now looking for possible arrangements that would enable them to do so, "- Kupriyanov said on the radio station Ekho Moskvy ".
According to him, there are several ways to resolve the debt, for example, using the pre-transit. In addition, the possible return of the gas, which is located in underground storage facilities in Ukraine.
Kupriyanov said that the Ukrainian debt to Gazprom today is little more than two billion dollars.
This figure is comparable with the duty of Transnistria to the Russian gas monopoly, but, according to Kupriyanova, this debt "stretches back to 90 years" and not connected with the current supply.
"It is an old debt, which now we recover do not see any possibility. Current fees they pay," - the representative of Gazprom.
Referring to the situation with the supply of gas to South Ossetia, Kupriyanov said that the situation is "very difficult and unpleasant." According to him, the pipeline is to be ready only in 2009, "so if Georgia does not provide the supply of gas through its territory of Ossetia, South Ossetia this winter will be without gas, it would be cold."
"We for our part in the territory of South Ossetia, the entire infrastructure rebuilt after the fighting. Podtalkivaem now, and the Georgian side to fix your site pipeline. They say that the Ossetian part of the problem" - Kupriyanov added.
He also said that gas supplies to Georgia did not stop even during the war in August, as Tbilisi fully complies with the contract with Gazprom.
Sunday, December 28, 2008
The Verkhovna Rada for the fourth time provalila budget law.
The Parliament of Ukraine once again failed to adopt a law on state budget for 2009, said "ЛiгаÐ'iзнеÑIнформ. The approval of the document, as before, did not have enough votes.
The budget supported by the faction BYUT (155 out of 156 deputies) and the Lytvyn Bloc (19 of 20), and slightly more than half of the parliamentary faction NUNS (47 of 72) and one deputy from the Party of Regions. The Communists did not vote for the document. Overall, therefore, to recruit the necessary 222 votes in the 226.
Prior to this, the Parliament has already made three attempts. December 25, the parliament twice attempted to take the law: first - the first reading and, in general (for the 223 deputies voted in), then - just as the basis (219 members). December 26, the document once again put to the vote, but he was supported only 219 people.
Recall that the faction BYUT, NUNS and the Lytvyn Bloc recently officially formed the ruling coalition. In total, these factions includes 248 out of 450 MPs. However, Ukrainian President Viktor Yushchenko and supporting its members NUNS (slightly less than half of the faction) Union BYUT not supported. Thus, it turned out that the coalition does not have a de facto majority.
Representatives of the Party of Regions and the Communist Party of Ukraine has repeatedly criticized the government draft budget. Over the past two days, Tribune parliament blocked twice: first, the Communists, then regionalami. President Viktor Yushchenko, in turn, called the budget "a tragedy" and "irresponsible document." According to him, the cabinet has been over-optimistic, rather than by the actual macroeconomic performance.
Recall that the budget for 2009, planned by the Government of Ukraine, is scarce. The maximum size of the deficit is 31 billion hryvnia (about 4 billion dollars).
The budget supported by the faction BYUT (155 out of 156 deputies) and the Lytvyn Bloc (19 of 20), and slightly more than half of the parliamentary faction NUNS (47 of 72) and one deputy from the Party of Regions. The Communists did not vote for the document. Overall, therefore, to recruit the necessary 222 votes in the 226.
Prior to this, the Parliament has already made three attempts. December 25, the parliament twice attempted to take the law: first - the first reading and, in general (for the 223 deputies voted in), then - just as the basis (219 members). December 26, the document once again put to the vote, but he was supported only 219 people.
Recall that the faction BYUT, NUNS and the Lytvyn Bloc recently officially formed the ruling coalition. In total, these factions includes 248 out of 450 MPs. However, Ukrainian President Viktor Yushchenko and supporting its members NUNS (slightly less than half of the faction) Union BYUT not supported. Thus, it turned out that the coalition does not have a de facto majority.
Representatives of the Party of Regions and the Communist Party of Ukraine has repeatedly criticized the government draft budget. Over the past two days, Tribune parliament blocked twice: first, the Communists, then regionalami. President Viktor Yushchenko, in turn, called the budget "a tragedy" and "irresponsible document." According to him, the cabinet has been over-optimistic, rather than by the actual macroeconomic performance.
Recall that the budget for 2009, planned by the Government of Ukraine, is scarce. The maximum size of the deficit is 31 billion hryvnia (about 4 billion dollars).
Russia ratified the agreement on building the Caspian pipeline.
The President of Russia Dmitry Medvedev signed a law ratifying the agreement on construction of Caspian gas pipeline, RIA Novosti reported with reference to the Kremlin press service.
The agreement was signed by the Governments of Russia, Kazakhstan and Turkmenistan, 20 December 2007. Is planned that the gas pipeline to Russia will transport gas from the Caspian Sea deposits and other deposits in the territories of Turkmenistan and Kazakhstan.
The estimated volume of transportation up to 30 billion cubic meters from Turkmenistan and up to 10 billion from Kazakhstan.
Previously, it was reported that the pipeline will be opened not later than the end of 2010. According to Interfax, the total area will be 1600 km, of which 10 kilometers will be built by Russia, and the rest - equally by Kazakhstan and Turkmenistan.
The agreement will be valid until December 21, 2020, followed by an automatic extension.
The agreement was signed by the Governments of Russia, Kazakhstan and Turkmenistan, 20 December 2007. Is planned that the gas pipeline to Russia will transport gas from the Caspian Sea deposits and other deposits in the territories of Turkmenistan and Kazakhstan.
The estimated volume of transportation up to 30 billion cubic meters from Turkmenistan and up to 10 billion from Kazakhstan.
Previously, it was reported that the pipeline will be opened not later than the end of 2010. According to Interfax, the total area will be 1600 km, of which 10 kilometers will be built by Russia, and the rest - equally by Kazakhstan and Turkmenistan.
The agreement will be valid until December 21, 2020, followed by an automatic extension.
Uzbekistan cut gas supplies to Tajikistan by half.
Uzbekistan halving gas supplies to Tajikistan, the agency Fergana.Ru. The reason was the debt for gas Tajik side, reached 12 million dollars.
Debt to pay for the gas began to Dushanbe heat and power plant, as well as "Tajikcement. The total amount of their debt exceeds seven million dollars.
Recall, in April 2008, Uzbekistan has reduced gas deliveries to Tajikistan at the third. At that time, gas debt Tajik side was about seven million dollars.
In December, Uzbekistan decided in 2009 to double the cost of gas for Tajikistan. Now a thousand cubic meters of gas costing the country at $ 150. In 2009, "Tadzhikgaz intends to buy 550 million cubic meters of gas. The company insists on maintaining the same fuel costs, as oil prices on the world market, which pegged the price of gas falls.
Debt to pay for the gas began to Dushanbe heat and power plant, as well as "Tajikcement. The total amount of their debt exceeds seven million dollars.
Recall, in April 2008, Uzbekistan has reduced gas deliveries to Tajikistan at the third. At that time, gas debt Tajik side was about seven million dollars.
In December, Uzbekistan decided in 2009 to double the cost of gas for Tajikistan. Now a thousand cubic meters of gas costing the country at $ 150. In 2009, "Tadzhikgaz intends to buy 550 million cubic meters of gas. The company insists on maintaining the same fuel costs, as oil prices on the world market, which pegged the price of gas falls.
Friday, December 26, 2008
Promproizvodstvo in Japan fell to a record for a half-century figure.
Industrial production in Japan fell in November to 8.1 percent to the level of October, Bloomberg reported, citing a report on the country's Ministry of Commerce. This figure was a record since the start of observations in 1953 and significantly exceeded the forecasts of economists, expected decline by 6,8 percent.
The Ministry also reported that the unemployment rate increased from 3,7 to 3,9 percent, while household spending fell by 0.5 percent. The decline in consumer spending has this year already for the ninth time.
Thus, the recession in Japan, fixed on the basis of September (two consecutive quarters of economic recession), continued to deepen. Previously, it was reported that the volume of exports collapsed in November at 26.7 percent. According to a survey of the Ministry of Labor, the Japanese company in December of plans to reduce production by another 8 percent. If these expectations coincide with reality, the overall industry slowdown in the fourth quarter to reach 11.1 percent.
At the very disadvantaged position of Japanese industry affects not only the global economic crisis, but also the sharp rise in yen to the dollar - a 23 per cent during 2008. Now the dollar traded at 90.43 yen.
To combat the economic slowdown, which may exceed the scale recession early 90's, the Japanese Central Bank cut the base rate to 0.1 percent. In addition, in the country's parliament are now two programs to stimulate the economy, totaling about 600 billion dollars.
The Ministry also reported that the unemployment rate increased from 3,7 to 3,9 percent, while household spending fell by 0.5 percent. The decline in consumer spending has this year already for the ninth time.
Thus, the recession in Japan, fixed on the basis of September (two consecutive quarters of economic recession), continued to deepen. Previously, it was reported that the volume of exports collapsed in November at 26.7 percent. According to a survey of the Ministry of Labor, the Japanese company in December of plans to reduce production by another 8 percent. If these expectations coincide with reality, the overall industry slowdown in the fourth quarter to reach 11.1 percent.
At the very disadvantaged position of Japanese industry affects not only the global economic crisis, but also the sharp rise in yen to the dollar - a 23 per cent during 2008. Now the dollar traded at 90.43 yen.
To combat the economic slowdown, which may exceed the scale recession early 90's, the Japanese Central Bank cut the base rate to 0.1 percent. In addition, in the country's parliament are now two programs to stimulate the economy, totaling about 600 billion dollars.
Rostrud predrek emergence of a quarter of a million new unemployed.
From January to March 2009 in Russia could be laid off about 250 thousand people. This conclusion was made Rostrud, considering all those who are in various forms of flexible employment: part-time work day or a week on vacation at his own expense. That was reported by Interfax.
According to Yuri Rostruda Herzen, the most feared layoffs worth economists, lawyers and managers.
In Rostrude believe that in the face of significant layoffs should give special attention to retraining and skills upgrading of workers. Gertsy noted that only in 2008 were 320 thousand retraining the unemployed.
Recall that many Russian companies have cut staff or salaries to staff in response to the economic crisis, which reached the autumn of 2008 and to Russia. From the crisis has considerably affected commodity companies, construction concerns and a number of other sectors of the economy.
December 4, speaking in the framework of the conversation with Vladimir Putin, Prime Minister promised to provide employment services to an additional 10 to 50 billion rubles.
December 25, it was reported that according to the poll portal SuperJob.ru, the most welcome gift for the Russians is the new high-paying jobs.
According to Yuri Rostruda Herzen, the most feared layoffs worth economists, lawyers and managers.
In Rostrude believe that in the face of significant layoffs should give special attention to retraining and skills upgrading of workers. Gertsy noted that only in 2008 were 320 thousand retraining the unemployed.
Recall that many Russian companies have cut staff or salaries to staff in response to the economic crisis, which reached the autumn of 2008 and to Russia. From the crisis has considerably affected commodity companies, construction concerns and a number of other sectors of the economy.
December 4, speaking in the framework of the conversation with Vladimir Putin, Prime Minister promised to provide employment services to an additional 10 to 50 billion rubles.
December 25, it was reported that according to the poll portal SuperJob.ru, the most welcome gift for the Russians is the new high-paying jobs.
Journalists have found errors in the list of backbone enterprises of Russia.
Russian business media found on the list of backbone enterprises, the Government published on the website on December 25, a number of errors and just strangenesses.
In particular, the newspaper Vedomosti said that the list is LLC "Airline" with an authorized capital of one hundred thousand rubles. In fact, the company is open joint-stock company (JSC) and has just created - it would become a base for the carrier "РоÑавиÑ" on the basis of the assets of AirUnion and "Atlant-Union".
In addition, Vedomosti noted that some companies, such as Saturn and Uralvagonzavod "hit list backbone twice (" Saturn ", numbered 156 and 178, as" Uralvagonzavod - Nos. 160 and 218). The same newspaper drew attention to the fact that the list of government into the unknown steel companies, such as "W" or "Mineral groups.
In turn, the newspaper Kommersant wrote that the government hit list of all the plants visited by Prime Minister Vladimir Putin in December. In addition, the publication noted that the list did not get such large companies as the state TV channel "Russia", "Polimetall, Itera and others.
Total government included in the list of 295 companies. Previously, it was reported that officials of these enterprises in the first place will provide financial assistance. In particular, they will be able to count on government guarantees on loans to subsidize interest rates on the state order, as well as protectionist measures by the Government.
In particular, the newspaper Vedomosti said that the list is LLC "Airline" with an authorized capital of one hundred thousand rubles. In fact, the company is open joint-stock company (JSC) and has just created - it would become a base for the carrier "РоÑавиÑ" on the basis of the assets of AirUnion and "Atlant-Union".
In addition, Vedomosti noted that some companies, such as Saturn and Uralvagonzavod "hit list backbone twice (" Saturn ", numbered 156 and 178, as" Uralvagonzavod - Nos. 160 and 218). The same newspaper drew attention to the fact that the list of government into the unknown steel companies, such as "W" or "Mineral groups.
In turn, the newspaper Kommersant wrote that the government hit list of all the plants visited by Prime Minister Vladimir Putin in December. In addition, the publication noted that the list did not get such large companies as the state TV channel "Russia", "Polimetall, Itera and others.
Total government included in the list of 295 companies. Previously, it was reported that officials of these enterprises in the first place will provide financial assistance. In particular, they will be able to count on government guarantees on loans to subsidize interest rates on the state order, as well as protectionist measures by the Government.
With the new year imported alcohol in Russia went up by 15 percent.
From 1 January 2009 imports of alcoholic beverages in the Russian market podorozhayut by an average of 15 percent. This writes the newspaper Kommersant.
For example, one of the largest importers of alcohol company Rust Inc. "because of the sharp rise of the euro has increased by 15 percent prices on most brands, including Remy Martin cognac and Cinzano vermouth and Campari. No changes have come at the price of the euro does not drink: whiskey Glenfiddich and Grant `s.
Increased appreciation of the euro has forced up the price of alcoholic products and the company Whitehall, importing, in particular, cognac Hennessy, Champagne Krug, Veuve Clicquot, Dom Perignon and Moet & Chandon, and the whiskey Glenmorangie. Increase of 10 per cent. The world's largest producer of alcohol British Diageo from February 1, will raise prices for their goods at 12-25 percent.
According to the forecasts of market participants, because of the price increase sales volume in the market of elite alcohol may be reduced in the first quarter of 2009 at least 15 per cent.
Remember, December 25, the official rate of the euro in Russia for the first time exceeded 40 rubles mark and reached 40.1859 rubles. In September and October, Central Bank of Russia restrained the decrease of the domestic currency against the dollar and the euro, but in November began to devalue the ruble. In mid-December, the decline rate accelerated.
For example, one of the largest importers of alcohol company Rust Inc. "because of the sharp rise of the euro has increased by 15 percent prices on most brands, including Remy Martin cognac and Cinzano vermouth and Campari. No changes have come at the price of the euro does not drink: whiskey Glenfiddich and Grant `s.
Increased appreciation of the euro has forced up the price of alcoholic products and the company Whitehall, importing, in particular, cognac Hennessy, Champagne Krug, Veuve Clicquot, Dom Perignon and Moet & Chandon, and the whiskey Glenmorangie. Increase of 10 per cent. The world's largest producer of alcohol British Diageo from February 1, will raise prices for their goods at 12-25 percent.
According to the forecasts of market participants, because of the price increase sales volume in the market of elite alcohol may be reduced in the first quarter of 2009 at least 15 per cent.
Remember, December 25, the official rate of the euro in Russia for the first time exceeded 40 rubles mark and reached 40.1859 rubles. In September and October, Central Bank of Russia restrained the decrease of the domestic currency against the dollar and the euro, but in November began to devalue the ruble. In mid-December, the decline rate accelerated.
Cocoa beans have become the most profitable to invest in raw materials in 2008.
Prices for cocoa in London reached a 23-year peak during the auction on 24 December, reports BBC News. The cost of the May futures tonne pulses of 1820 pounds (2675 dollars) per ton. Thus, cocoa in 2008, became the most profitable investment commodity.
Total for the year of cocoa beans went up by 76 percent. For comparison, the price of gold in 2008, virtually unchanged, and the WTI crude oil brands podeshevela to 2.3 times.
In the U.S., the price of cocoa also rose, though not as much. This is due to the rising dollar against the pound. Most of the commodities on the world market is traded in dollars, while cocoa in London, estimated in pounds.
This week, cocoa beans went up by more than 4 percent. The immediate cause was the growth forecast of the Belgian-Dutch financial group Fortis, awaiting the fall of supply in the season 2008/2009 year of 45 thousand tons. Analysts bank justified this crop failure in West Africa, said Bloomberg.
Total for the year of cocoa beans went up by 76 percent. For comparison, the price of gold in 2008, virtually unchanged, and the WTI crude oil brands podeshevela to 2.3 times.
In the U.S., the price of cocoa also rose, though not as much. This is due to the rising dollar against the pound. Most of the commodities on the world market is traded in dollars, while cocoa in London, estimated in pounds.
This week, cocoa beans went up by more than 4 percent. The immediate cause was the growth forecast of the Belgian-Dutch financial group Fortis, awaiting the fall of supply in the season 2008/2009 year of 45 thousand tons. Analysts bank justified this crop failure in West Africa, said Bloomberg.
"Naftogaz" promised proderzhatsya without Gazprom a year.
SyuzhetyDolgi Ukraine to Gazprom in 2008 godu22.12.2008Ukraina promised not to steal the Russian gazKommentariiChto it was holodat19.12.2008 Gazprom threatened to halt gas deliveries to Ukraine in 2009 "Naftogaz "Ukraine is ready to provide gas for a year in case of supply constraints on the part of Gazprom. The statement was made chairman of the board of the company Oleg Dubina, UNIAN reported. "Our reserves allow kept in avralnom treatment by the end of the year", - stressed the head of Naftogaz. "
He added that this issue is "significant detail." According Dubyna, reserves provide for a purely Ukrainian consumers, while the transit of European gas fueling calls "technical" with gas, and the supply of the latter should provide Gazprom.
The head of "Naftogaz" expressed hope that the parties will succeed in the remaining days before the New Year to do everything that did not go to work before the end of the Christmas holidays. " "I think that our Russian colleagues will not feel like celebrate the New Year under the tree in the office. The new year should be a holiday, not a continuation of work everyday," - said Oleg Dubina.
December 18, Gazprom announced that it will not sign a contract on gas deliveries in 2009, "Naftogaz Ukraine" because of the accumulated debts over the past few months. The Russian gas monopoly argue that the Ukrainian side owes it more than two billion dollars for delivery between September and December, with nearly a billion dollars Ukraine has already paid. However, representatives of Gazprom has not yet talked about the possibility of disconnection of gas to Ukraine, the New Year.
He added that this issue is "significant detail." According Dubyna, reserves provide for a purely Ukrainian consumers, while the transit of European gas fueling calls "technical" with gas, and the supply of the latter should provide Gazprom.
The head of "Naftogaz" expressed hope that the parties will succeed in the remaining days before the New Year to do everything that did not go to work before the end of the Christmas holidays. " "I think that our Russian colleagues will not feel like celebrate the New Year under the tree in the office. The new year should be a holiday, not a continuation of work everyday," - said Oleg Dubina.
December 18, Gazprom announced that it will not sign a contract on gas deliveries in 2009, "Naftogaz Ukraine" because of the accumulated debts over the past few months. The Russian gas monopoly argue that the Ukrainian side owes it more than two billion dollars for delivery between September and December, with nearly a billion dollars Ukraine has already paid. However, representatives of Gazprom has not yet talked about the possibility of disconnection of gas to Ukraine, the New Year.
The State Duma approved the new gosgaranty to Russian enterprises.
SyuzhetyMnogomilliardnye goskredity Russian kompaniyam10.12.2008Vneshekonombank approved the issuance of credit VTBDeputaty December 24, the State Duma approved the second and third readings of the new edition of the state guarantees for 2009-2011, RIA Novosti reported. Next year, Russia will provide two new types of gosgaranty totaling 300 billion rubles: credit strategic enterprises and companies to the military-industrial complex (MIC), as well as on loans to companies selected by the government.
The internal public debt increased by 300 billion rubles. According to the Program, the limit for each individual gosgarantiyu in the Russian currency increased to 10 billion rubles and foreign - from 50 million to $ 150 million.
December 23, it became known that the list of system-Russian enterprises, which could be provided of state attention, composed of 250-300 companies without regard to the MIC. The list will be finalized within two days and may increase to 400-500 companies. In the system-get such large organizations, such as "Nornikel", Rusal, Aeroflot, Lukoil, Gazprom, Rosneft, and many others.
Amendments to the law on the federal budget for the program gosgaranty changes were made to the State Duma on December 15.
The internal public debt increased by 300 billion rubles. According to the Program, the limit for each individual gosgarantiyu in the Russian currency increased to 10 billion rubles and foreign - from 50 million to $ 150 million.
December 23, it became known that the list of system-Russian enterprises, which could be provided of state attention, composed of 250-300 companies without regard to the MIC. The list will be finalized within two days and may increase to 400-500 companies. In the system-get such large organizations, such as "Nornikel", Rusal, Aeroflot, Lukoil, Gazprom, Rosneft, and many others.
Amendments to the law on the federal budget for the program gosgaranty changes were made to the State Duma on December 15.
Lukashenko has predicted a threefold drop in prices for Russian gas.
SyuzhetyTseny gas to the CIS in 2009 godu22.12.2008Medvedev and Lukashenko agreed on the supply gazaAleksandr Lukashenko on Tuesday December 23, said that during the period 1 January through 31 December 2009 the price of Russian gas supplied to Belarus, will fall in 2,5-3 times, the agency Interfax.
The relevant agreement, according to Lukashenko, was reached at a meeting with President of Russia Dmitry Medvedev, held in Moscow on 22 December. Commenting on the outcome of the meeting, Lukashenko said that the parties were able to reach agreement in principle. "Belarus is grateful to the Russian side, and we owe it does not stay. We run for it," - also said the Belarusian president.
Lukashenko said that during the negotiations, agreement was reached on granting Russia Belarus second half credit of two billion dollars. On receipt of the first recall, Belarus reported Nov. 19, 2008, the second, according to Lukashenko, received in February 2009. Yesterday it was reported that in addition to the credit of Belarus has asked Russia has another 100 billion rubles.
According to the Belarusian president, at a meeting with Medvedev also discussed the transition to the Russian ruble in payments for gas supplies in 2009. This condition, remind, Belarus previously agreed to accept in exchange for a 100 billion ruble credit, among other conditions which called the recognition of Belarus independence of Abkhazia and South Ossetia. Lukashenko noted that the draft document on the transition to the ruble is ready and will be signed by Belarus, "where there will be the Russian side."
Remember, at this time, the cost of gas delivered to Belarus at 127.9 dollars per thousand cubic meters. If Lukashenko predicted prices will fall and the cost of gas at the beginning of 2009 remains unchanged, at the end of 2009 the price will decrease to about 46.5 dollars for the same amount.
Meanwhile, the Belarusian agency BelaPAN reports, referring to Russian sources, that the price of gas for Belarus in the first quarter of 2009 could reach 160-170 dollars per thousand cubic meters. Earlier in December, Deputy Minister of Economy of Belarus Vladimir Adashkevich predicted a desired price for gas at 140 dollars.
Note that the Russian side is the cost of gas for Belarus will not comment. After the meeting Medvedev and Lukashenko said only that the agreement reached on this issue.
The relevant agreement, according to Lukashenko, was reached at a meeting with President of Russia Dmitry Medvedev, held in Moscow on 22 December. Commenting on the outcome of the meeting, Lukashenko said that the parties were able to reach agreement in principle. "Belarus is grateful to the Russian side, and we owe it does not stay. We run for it," - also said the Belarusian president.
Lukashenko said that during the negotiations, agreement was reached on granting Russia Belarus second half credit of two billion dollars. On receipt of the first recall, Belarus reported Nov. 19, 2008, the second, according to Lukashenko, received in February 2009. Yesterday it was reported that in addition to the credit of Belarus has asked Russia has another 100 billion rubles.
According to the Belarusian president, at a meeting with Medvedev also discussed the transition to the Russian ruble in payments for gas supplies in 2009. This condition, remind, Belarus previously agreed to accept in exchange for a 100 billion ruble credit, among other conditions which called the recognition of Belarus independence of Abkhazia and South Ossetia. Lukashenko noted that the draft document on the transition to the ruble is ready and will be signed by Belarus, "where there will be the Russian side."
Remember, at this time, the cost of gas delivered to Belarus at 127.9 dollars per thousand cubic meters. If Lukashenko predicted prices will fall and the cost of gas at the beginning of 2009 remains unchanged, at the end of 2009 the price will decrease to about 46.5 dollars for the same amount.
Meanwhile, the Belarusian agency BelaPAN reports, referring to Russian sources, that the price of gas for Belarus in the first quarter of 2009 could reach 160-170 dollars per thousand cubic meters. Earlier in December, Deputy Minister of Economy of Belarus Vladimir Adashkevich predicted a desired price for gas at 140 dollars.
Note that the Russian side is the cost of gas for Belarus will not comment. After the meeting Medvedev and Lukashenko said only that the agreement reached on this issue.
Thursday, December 25, 2008
Putin announced the end of an era of cheap gas.
The era of cheap gas is completed. With such a statement was made by Prime Minister Vladimir Putin at the Forum countries - exporters of gas, which opens Dec. 23 in Moscow. His words RIA News.
Vladimir Putin noted that the cost of exploration, extraction and transportation of fuel is constantly increasing, so the cheapest gas in the world will be less and less. At the same time, Prime Minister of Russia said that in recent months, oil prices have fallen four times, which could not affect the status of the gas market.
On the world market with oil podeshevela 147 dollars per barrel in June to $ 40 in December. As the cost of gas depends on the cost of oil, Russia's Gazprom has said that in 2009, will reduce prices for Europe. What will be the cost of fuel for the main partners of Russia in the near abroad - Ukraine and Belarus - is not yet known.
In his statement, Putin also stressed that the countries of transit must ensure an uninterrupted supply of gas and avoid possible risks. 22 December, the first vice-premier Viktor Zubkov hinted that Ukraine may initiate the illegal selection of gas, next to Europe if Gazprom refuses to supply fuel to the country without a contract.
Forum countries - exporters of gas brings together the largest producers of gas in the world. At its base is planned to create an organization similar to OPEC, which controls the oil market. However, by forum participants noted that they would not kvotirovat extraction of gas and can not affect prices as OPEC does.
Vladimir Putin noted that the cost of exploration, extraction and transportation of fuel is constantly increasing, so the cheapest gas in the world will be less and less. At the same time, Prime Minister of Russia said that in recent months, oil prices have fallen four times, which could not affect the status of the gas market.
On the world market with oil podeshevela 147 dollars per barrel in June to $ 40 in December. As the cost of gas depends on the cost of oil, Russia's Gazprom has said that in 2009, will reduce prices for Europe. What will be the cost of fuel for the main partners of Russia in the near abroad - Ukraine and Belarus - is not yet known.
In his statement, Putin also stressed that the countries of transit must ensure an uninterrupted supply of gas and avoid possible risks. 22 December, the first vice-premier Viktor Zubkov hinted that Ukraine may initiate the illegal selection of gas, next to Europe if Gazprom refuses to supply fuel to the country without a contract.
Forum countries - exporters of gas brings together the largest producers of gas in the world. At its base is planned to create an organization similar to OPEC, which controls the oil market. However, by forum participants noted that they would not kvotirovat extraction of gas and can not affect prices as OPEC does.
The Government of Russia has published a list of backbone enterprises.
The Government of Russia on its website published a list of backbone enterprises in the country that can rely on the state. A total of 295 turned out the list of enterprises. Earlier, the newspaper Vedomosti wrote that they would be around 300, and Minister of Economic Development Elvira Nabiullina claimed that more than 250.
The list includes virtually all major Russian companies - both public and private. In particular, the State intends to assist Transneft, Aeroflot, Rusgidro, Gazprom, Lukoil, Rosneft and others.
In addition, the list includes not only the companies that produce goods, but also those who are engaged in the delivery of services. For example, the government promised to help the three largest operators, the central TV channels, as well as commercial networks.
Previously, it was reported that all businesses that are on the list of system will be able to count on lending by state guarantees, support for protectionist measures on the part of officials, as well as to subsidize the interest rate on the state order. Business Media in December reported that the company got the list of system, produce about 60 percent of the country's GDP.
The list includes virtually all major Russian companies - both public and private. In particular, the State intends to assist Transneft, Aeroflot, Rusgidro, Gazprom, Lukoil, Rosneft and others.
In addition, the list includes not only the companies that produce goods, but also those who are engaged in the delivery of services. For example, the government promised to help the three largest operators, the central TV channels, as well as commercial networks.
Previously, it was reported that all businesses that are on the list of system will be able to count on lending by state guarantees, support for protectionist measures on the part of officials, as well as to subsidize the interest rate on the state order. Business Media in December reported that the company got the list of system, produce about 60 percent of the country's GDP.
China has allowed trade with neighbors in the yuan.
China will allow trade with some countries in East Asia in the yuan in order to support their exporters, reported BBC News. Under the pilot scheme, if the two sides of foreign trade activities will be in the presence of yuan, they will not be obliged, as they used to go to the international currency market in order to exchange them for other currencies.
China now has almost all of its foreign trade in dollars and euros, which makes exporters vulnerable to currency fluctuations. In particular, the significant growth rate of the yuan in 2008 against both currencies has reduced the profitability of exporting enterprises in China.
According to the alleged scheme, the province of East China will be able to trade in yuan from Hong Kong and Macau - the territory formally under the jurisdiction of the PRC, but in fact are independent economic systems. At the same time, the two provinces of the south-western China (Guangxi and Yunnan) will be able to trade with Myanmar, Cambodia, Bangladesh, Singapore, the Philippines, Vietnam and some other countries in Southeast Asia. When the scheme starts to work, is not yet known.
One of the reasons for such a permit is waiting for Chinese officials instability dollar in 2009, which could hurt China's foreign trade. In doing so, the Chinese would require that the sale of yuan overseas was possible only with the accompaniment of instruments of trade. China prevents the convertibility of the yuan in order to control the growth of its currency, which is already popular in Asia.
Experts point out that the government had made concessions on a background of sharply deteriorating export statistics. For example, in November 2008, exports from China fell for the first time in more than seven years.
China now has almost all of its foreign trade in dollars and euros, which makes exporters vulnerable to currency fluctuations. In particular, the significant growth rate of the yuan in 2008 against both currencies has reduced the profitability of exporting enterprises in China.
According to the alleged scheme, the province of East China will be able to trade in yuan from Hong Kong and Macau - the territory formally under the jurisdiction of the PRC, but in fact are independent economic systems. At the same time, the two provinces of the south-western China (Guangxi and Yunnan) will be able to trade with Myanmar, Cambodia, Bangladesh, Singapore, the Philippines, Vietnam and some other countries in Southeast Asia. When the scheme starts to work, is not yet known.
One of the reasons for such a permit is waiting for Chinese officials instability dollar in 2009, which could hurt China's foreign trade. In doing so, the Chinese would require that the sale of yuan overseas was possible only with the accompaniment of instruments of trade. China prevents the convertibility of the yuan in order to control the growth of its currency, which is already popular in Asia.
Experts point out that the government had made concessions on a background of sharply deteriorating export statistics. For example, in November 2008, exports from China fell for the first time in more than seven years.
Oil reserves in Russia grew by half a billion tons per year.
Oil reserves in Russia in 2008 increased by 500 million tons and natural gas - 650 billion cubic meters. The statement was made by Minister of Natural Resources Yuri Trutnev, said RIA Novosti.
He added that the ministry conducted in 2008, 147 tenders for the development of reserves of liquid hydrocarbons and 251 auction - on the matter. From auctions to the budget was 90 billion rubles. The following year, the number of auctions of liquid hydrocarbons will be increased to 200.
Previously, it was reported that oil production in the country for the first 11 months fell 0.7 percent on the same period of 2007, reaching 446 million tons. In October, the Ministry of prognozirovalo drop in production by the end of the year at 0.3 percent.
In 2008, proven oil reserves in Russia amounted to 10.88 billion tons. According to this indicator Russia ranks the eighth in the world, while volume production is in second place.
As for the stocks of gold, in 2008, their growth, according to Trutneva, should reach 513 tons, and silver - about 2080 tons. Union zolotopromyshlennikov Russia predicts that gold production this year will grow only at 2.8 tons to 165.6 tons.
He added that the ministry conducted in 2008, 147 tenders for the development of reserves of liquid hydrocarbons and 251 auction - on the matter. From auctions to the budget was 90 billion rubles. The following year, the number of auctions of liquid hydrocarbons will be increased to 200.
Previously, it was reported that oil production in the country for the first 11 months fell 0.7 percent on the same period of 2007, reaching 446 million tons. In October, the Ministry of prognozirovalo drop in production by the end of the year at 0.3 percent.
In 2008, proven oil reserves in Russia amounted to 10.88 billion tons. According to this indicator Russia ranks the eighth in the world, while volume production is in second place.
As for the stocks of gold, in 2008, their growth, according to Trutneva, should reach 513 tons, and silver - about 2080 tons. Union zolotopromyshlennikov Russia predicts that gold production this year will grow only at 2.8 tons to 165.6 tons.
The volume of Russia's international reserves exceeded 450 billion dollars.
KommentariiZolotovalyutnaya dieta22.12.2008Kolossalnye international reserves of developing countries in the world has decreased significantly due to krizisaObem international reserves of Russia for a week from 12 to 19 Dec, 2008 increased by 15.4 billion dollars, the report says Central Bank of Russia. Thus, their value amounted to 450.8 billion dollars.
Previously, international reserves fell almost continuously since the Central Bank of Russia spent on maintaining the currency exchange rate in relation to bivalyutnoy basket (0.45 euros and 0.55 dollars). Through this exchange rate during the September-October, almost unchanged.
Later, the Central Corridor expanded allowable currency fluctuations and exchange rate began to decline. As a result of the euro in the calculations "tomorrow" on MICEX 25 December, 2008 surpassed the mark of 40 rubles, and the dollar - at 28.6 rubles.
According to the Ministry of Economic Development, in 2009, international reserves fell to 110-140 billion dollars, and by the end of the year they will be about $ 300 billion.
Russian international reserves, which first called Centrobank gold, considered as one of the largest in the world. They consist mainly of U.S. and euro, monetary gold, and the reserve position in the International Monetary Fund. In August 2008, they accounted for about 600 billion dollars.
Previously, international reserves fell almost continuously since the Central Bank of Russia spent on maintaining the currency exchange rate in relation to bivalyutnoy basket (0.45 euros and 0.55 dollars). Through this exchange rate during the September-October, almost unchanged.
Later, the Central Corridor expanded allowable currency fluctuations and exchange rate began to decline. As a result of the euro in the calculations "tomorrow" on MICEX 25 December, 2008 surpassed the mark of 40 rubles, and the dollar - at 28.6 rubles.
According to the Ministry of Economic Development, in 2009, international reserves fell to 110-140 billion dollars, and by the end of the year they will be about $ 300 billion.
Russian international reserves, which first called Centrobank gold, considered as one of the largest in the world. They consist mainly of U.S. and euro, monetary gold, and the reserve position in the International Monetary Fund. In August 2008, they accounted for about 600 billion dollars.
Officials were unable to determine the amount of strategic reserves of Russia.
The Government of Russia has no exact data on the composition and amount of property goskazny, including strategic reserves, said the Court of Accounts of Russia. The lack of accurate data can not develop a system of property management.
In particular, the state treasury in Russia is only 3,1 per cent of the total oil reserves of the country and deposits undistributed fund is about 22 percent of the total. According to the Audit Chamber, Russia has no clear strategy for creating a federal fund reserve of hydrocarbon deposits.
The growth of the unrecorded assets, according to the Audit Chamber, contributed little, and sometimes even completely lacking interaction between federal executive bodies. In addition, Russia has not developed the treatment of property funds. Thus, in Rosgeolfond geological records often come after 3-10 years after the end of the day.
Accounting Chamber of Russia is a body of financial control, reporting to the Federal Assembly, but with the organizational and functional independence. In its scope of activities includes the monitoring of the federal budget, the state of internal and external public debt, as well as the country's banking system, including the Central Bank of Russia.
In particular, the state treasury in Russia is only 3,1 per cent of the total oil reserves of the country and deposits undistributed fund is about 22 percent of the total. According to the Audit Chamber, Russia has no clear strategy for creating a federal fund reserve of hydrocarbon deposits.
The growth of the unrecorded assets, according to the Audit Chamber, contributed little, and sometimes even completely lacking interaction between federal executive bodies. In addition, Russia has not developed the treatment of property funds. Thus, in Rosgeolfond geological records often come after 3-10 years after the end of the day.
Accounting Chamber of Russia is a body of financial control, reporting to the Federal Assembly, but with the organizational and functional independence. In its scope of activities includes the monitoring of the federal budget, the state of internal and external public debt, as well as the country's banking system, including the Central Bank of Russia.
Record discount retailers do not soblaznili American buyers.
Customers in the U.S. for the Christmas week to 24 percent less likely to go shopping, compared with last year, Bloomberg reported, citing data on the Chicago research firm ShopperTrak. Consumers do not even have attracted unprecedented discounts - for example, a network of Macy's and Saks offered 70 per cent discount on most goods.
The volume of sales fell by 5.3 percent. American consumers to refrain from purchases rising unemployment decreased incomes.
Reducing the activity of buyers in the pre-days with a maximum of 2003, which could lead to serious financial difficulties for retailers. Current Christmas holiday, according to the experts, could be the worst in 40 years in terms of sales.
According to previously published data from the Ministry of Commerce, consumer spending, amounting to more than two-thirds of U.S. GDP declined in the third quarter of 2008 to 3.8 percent. This decline was the largest since 1980.
Unemployment in the U.S. in November reached 6.7 percent, a maximum of 15 years. In the past month the number of jobs in the country declined by 533 thousand.
The volume of sales fell by 5.3 percent. American consumers to refrain from purchases rising unemployment decreased incomes.
Reducing the activity of buyers in the pre-days with a maximum of 2003, which could lead to serious financial difficulties for retailers. Current Christmas holiday, according to the experts, could be the worst in 40 years in terms of sales.
According to previously published data from the Ministry of Commerce, consumer spending, amounting to more than two-thirds of U.S. GDP declined in the third quarter of 2008 to 3.8 percent. This decline was the largest since 1980.
Unemployment in the U.S. in November reached 6.7 percent, a maximum of 15 years. In the past month the number of jobs in the country declined by 533 thousand.
Vedomosti learned of the attempt to tax a monument to Lenin.
The Federal Tax Service in 2007 demanded that the company Gorkomhoz in Anapa to pay property tax for the monument to Lenin, as well as two mass graves: mass grave of soldiers who died in the Great Patriotic war, and mass grave of victims of fascism. This site tells the newspaper Vedomosti.
"Gorkomhoz" since the beginning of 2008, is trying to appeal against the decision of tax. First, the requirement of the Court of Arbitration granted the Krasnoyarsk region, and then, in June 2008 - Federal Arbitration Court of the North Caucasus region. In the information and legal databases, the case appeared only on Dec. 22, noted the "Vedomosti".
Earlier, Russian tax took several such decisions. Thus, in 2006, it was reported that with balansosoderzhateley monuments, fountains, public toilets and playgrounds will be charged a tax on land size of 0.2 per cent of inventory cost land.
"Gorkomhoz" since the beginning of 2008, is trying to appeal against the decision of tax. First, the requirement of the Court of Arbitration granted the Krasnoyarsk region, and then, in June 2008 - Federal Arbitration Court of the North Caucasus region. In the information and legal databases, the case appeared only on Dec. 22, noted the "Vedomosti".
Earlier, Russian tax took several such decisions. Thus, in 2006, it was reported that with balansosoderzhateley monuments, fountains, public toilets and playgrounds will be charged a tax on land size of 0.2 per cent of inventory cost land.
Rostrud site opens with a list of vacancies.
In January 2009, the Federal Service for Labor and Employment (Rostrud) plans to launch the work of an Internet site with a list of all vacancies offered by public employment services. On this Thursday edition writes Kommersant. At present, the exchange of employment, working in Rostruda have at its disposal 1.3 million of a lease.
Prior to the opening of a new resource Rostrud will hold a review of all vacancies to ensure their availability. According to the newspaper, is now a control 783 of thousands of employers. As the head of the Federal Service Yuri Herzen, applicants will be able to post your resume on the site without being registered in the system. Employers will also be able to keep their offers of employment. All services Rostruda site will be free of charge.
In addition to resume or job placement, visitors can read the instructions drawn up by experts Rostruda to find employment, as well as information on training programs and professional development.
As Kommersant daily, according to analysts about the effectiveness of the forthcoming launch of the project apart. Thus, some experts believe that the site Rostruda will not be able to compete with commercial resources on the job. Another category of specialists believe that the financial crisis, a new portal with a list of vacancies of public employment services will be very successful and will help laid-off to find a new job in accordance with their qualifications.
Launching the project is planned for January 15, 2009. At present, just not know what the web address will be available a database of vacancies. It may be that it will be on the official website Rostruda. Also it can get a separate address.
Prior to the opening of a new resource Rostrud will hold a review of all vacancies to ensure their availability. According to the newspaper, is now a control 783 of thousands of employers. As the head of the Federal Service Yuri Herzen, applicants will be able to post your resume on the site without being registered in the system. Employers will also be able to keep their offers of employment. All services Rostruda site will be free of charge.
In addition to resume or job placement, visitors can read the instructions drawn up by experts Rostruda to find employment, as well as information on training programs and professional development.
As Kommersant daily, according to analysts about the effectiveness of the forthcoming launch of the project apart. Thus, some experts believe that the site Rostruda will not be able to compete with commercial resources on the job. Another category of specialists believe that the financial crisis, a new portal with a list of vacancies of public employment services will be very successful and will help laid-off to find a new job in accordance with their qualifications.
Launching the project is planned for January 15, 2009. At present, just not know what the web address will be available a database of vacancies. It may be that it will be on the official website Rostruda. Also it can get a separate address.
Russia's budget deficit in 2009 will reach five percent of GDP.
Russian budget deficit in 2009 could amount to five per cent of GDP. This writes the newspaper Vedomosti, citing the working data of the Ministry of Finance of Russia.
The publication says that the estimated Ministry, the budget deficit may even exceed five per cent, ranging between three to six percent. Only next year's budget could nedopoluchit 32 percent of income, that is 3.5 trillion rubles.
In mid-December, the Ministry of Economic Development has revised its forecast for the country's macroeconomic indicators. For example, the price of oil in 2009 would be 50 dollars per barrel. Previously, it was assumed that an average cost of barrel of oil reaches $ 95. The price of oil is one of the key indicators for the budget, since most of Russia receives the income from production and export of oil and gas. According to the Ministry of Economic Development, with oil prices at 50 dollars a barrel the country's GDP will grow by 2.4 percent.
In early December it was reported that in November this year, the Ministry of Finance on record federal budget deficit - estimated at 270 billion rubles. In November, Assistant to the President for Economic Affairs of Russia Arkady Dvorkovich said that in the next few months, the budget will not become scarce.
The publication says that the estimated Ministry, the budget deficit may even exceed five per cent, ranging between three to six percent. Only next year's budget could nedopoluchit 32 percent of income, that is 3.5 trillion rubles.
In mid-December, the Ministry of Economic Development has revised its forecast for the country's macroeconomic indicators. For example, the price of oil in 2009 would be 50 dollars per barrel. Previously, it was assumed that an average cost of barrel of oil reaches $ 95. The price of oil is one of the key indicators for the budget, since most of Russia receives the income from production and export of oil and gas. According to the Ministry of Economic Development, with oil prices at 50 dollars a barrel the country's GDP will grow by 2.4 percent.
In early December it was reported that in November this year, the Ministry of Finance on record federal budget deficit - estimated at 270 billion rubles. In November, Assistant to the President for Economic Affairs of Russia Arkady Dvorkovich said that in the next few months, the budget will not become scarce.
The decline in the economy of Great Britain has a maximum of 18 years.
The British economy has declined in the third quarter, according to revised figures, the 0.6 per cent compared with the three previous months, reported AFP, referring to the Office for National Statistics. According to the Bloomberg, the decline was a record since 1990. According to an earlier assessment, the fall of the country's GDP was from July to September, 0.5 percent.
In annual terms, the UK GDP, however, rose by 0.3 percent, unchanged from previous estimates.
The British economy has ceased to grow in the second quarter of 2008, when GDP was unchanged compared with the previous year. Officially, the State, however, is not in a technical recession, as it would need a recession for two quarters in succession.
The decline in GDP in the third quarter registered in most developed countries in the world. The decline in the economy due to the global financial crisis, leading to increased unemployment and reducing consumer spending. In the U.S., GDP fell by half, while the euro - to 0.2 percent.
In annual terms, the UK GDP, however, rose by 0.3 percent, unchanged from previous estimates.
The British economy has ceased to grow in the second quarter of 2008, when GDP was unchanged compared with the previous year. Officially, the State, however, is not in a technical recession, as it would need a recession for two quarters in succession.
The decline in GDP in the third quarter registered in most developed countries in the world. The decline in the economy due to the global financial crisis, leading to increased unemployment and reducing consumer spending. In the U.S., GDP fell by half, while the euro - to 0.2 percent.
Putin has proposed a "gas OPEC" to stay in St. Petersburg.
Prime Minister Vladimir Putin of Russia has called on the Forum countries - exporters of gas, which the media is often referred to as a "gas OPEC", to open the headquarters of the organization in St. Petersburg, said " Interfax. This is the Prime Minister said during the ministerial meeting of the Forum.
Moreover, Putin has promised to grant diplomatic status to the organization and take the cost of its contents.
Forum countries - exporters of gas - an international framework within which the exchange of data on production and sales of gas participating countries. Unlike the Organization of the countries - the Petroleum Exporting (OPEC), the structure is not a cartel, which is able to negotiate prices on the market. Constant participation in the Forum are Algeria, Bolivia, Brunei, Chile, Egypt, Indonesia, Iran, Qatar, Libya, Malaysia, Nigeria, UAE, Oman, Russia, Trinidad and Tobago and Equatorial Guinea.
In 2007, Iran proposed the establishment of the Forum on the basis of full authority by cartel. In turn, the leaders of Russia expressed on this issue more carefully. The main consumers of gas, primarily the European Union and the United States, negatively related to the creation of a cartel, believing that it violates the established market competition and lead to artificially higher prices for raw materials.
At the same meeting, Putin said that "the era of cheap gas in the world ends," lamented the fact that the cost of exploration, extraction and transportation of fuel is constantly increasing.
Moreover, Putin has promised to grant diplomatic status to the organization and take the cost of its contents.
Forum countries - exporters of gas - an international framework within which the exchange of data on production and sales of gas participating countries. Unlike the Organization of the countries - the Petroleum Exporting (OPEC), the structure is not a cartel, which is able to negotiate prices on the market. Constant participation in the Forum are Algeria, Bolivia, Brunei, Chile, Egypt, Indonesia, Iran, Qatar, Libya, Malaysia, Nigeria, UAE, Oman, Russia, Trinidad and Tobago and Equatorial Guinea.
In 2007, Iran proposed the establishment of the Forum on the basis of full authority by cartel. In turn, the leaders of Russia expressed on this issue more carefully. The main consumers of gas, primarily the European Union and the United States, negatively related to the creation of a cartel, believing that it violates the established market competition and lead to artificially higher prices for raw materials.
At the same meeting, Putin said that "the era of cheap gas in the world ends," lamented the fact that the cost of exploration, extraction and transportation of fuel is constantly increasing.
Medvedev and Lukashenko agreed to supply gas.
SyuzhetyTseny gas to the CIS in 2009 godu20.11.2008Sekretariat President of Ukraine called a fair price for gazPrezidenty Russia and Belarus Dmitry Medvedev and Alexander Lukashenko agreed on the principles of supply and pay for Russian gas in 2009. This RIA Novosti, citing a statement by press secretary Natalia Medvedev Timakovu. No specific figures - not at the price of gas nor the volume of exports - Timakova not led.
22 December, the newspaper Kommersant, citing its sources reported that Russia will keep to Belarus earlier gas prices and will give a loan of 100 billion rubles, if the official Minsk recognizes the independence of South Ossetia and Abkhazia, as well as give Gazprom a controlling stake " Beltransgaz. "
On the same day it became known that the Parliament of Belarus during the autumn session of failing to decide on acceptance or rejection of the independence of Abkhazia and South Ossetia. In addition, the Russian Ministry of Finance official confirmed that Belarus has asked Russia to the credit of 100 billion rubles.
Recall that in the first quarter of 2008, Gazprom sold in Minsk fuel to 119.53 dollars per thousand cubic meters, while the second - to 127.9 dollars for the same amount. In addition, from 2007, Gazprom began to buy shares Beltransgaz. " Under the terms of an agreement with Minsk, by 2010 the proportion of Russia's monopoly in the Belarusian company should take approximately 50 per cent.
22 December, the newspaper Kommersant, citing its sources reported that Russia will keep to Belarus earlier gas prices and will give a loan of 100 billion rubles, if the official Minsk recognizes the independence of South Ossetia and Abkhazia, as well as give Gazprom a controlling stake " Beltransgaz. "
On the same day it became known that the Parliament of Belarus during the autumn session of failing to decide on acceptance or rejection of the independence of Abkhazia and South Ossetia. In addition, the Russian Ministry of Finance official confirmed that Belarus has asked Russia to the credit of 100 billion rubles.
Recall that in the first quarter of 2008, Gazprom sold in Minsk fuel to 119.53 dollars per thousand cubic meters, while the second - to 127.9 dollars for the same amount. In addition, from 2007, Gazprom began to buy shares Beltransgaz. " Under the terms of an agreement with Minsk, by 2010 the proportion of Russia's monopoly in the Belarusian company should take approximately 50 per cent.
Medvedev was diagnosed with the Russian-Ukrainian relations.
SyuzhetyDolgi Ukraine to Gazprom in 2008 godu24.12.2008 Gazprom called the "hour X" for UkrainyPrezident Russia Dmitry Medvedev in an interview with Russian television channels on the end of the year said that relations with Ukraine now complete shambles.
"With regard to relations in general, it emphasizes once again, unfortunately, in my opinion, at a low stage of the relationship in recent years have not been at any time. It is very sad," - said the President of the Russian Federation.
According to him, the recent Kiev bode well for relationship-building is not done.
"You know that a number of Ukrainian leaders, in fact, took the decision to supply weapons to Georgia and sent to the Georgia people, trained to shoot the Russian Armed Forces. Otherwise, as a crime against the Russian-Ukrainian relations (we) name can not. It will always remain in our memory, "- said Medvedev.
In addition, the president of Ukraine threatened trouble if the government did not pay the debt for gas. "The money should be paid to the last ruble, if you do not want their business, ultimately, faced with the sanctions and claims by the Russian Federation. You can not both continue. Let all the money to pay," - said Medvedev.
In his view, what is happening in the gas sector, shows the ineffectiveness of the Ukrainian authorities.
"Instead of creating a debt and then fail to pay for them, it is better to have all the forces sent to pay, would find any effective way. No attempt to invent something different positions occupied. Sometimes, just a shame for this See all ", - said Russian President.
Medvedev made it clear that the only task for Russia in this story - to receive payment for the supplied resources, but it is ready to go for stringent measures to solve it.
"You know, we do not have the goal that it shut. Our goal - to get the money. But if Ukraine does not pay, we will use the full range of possibilities, it is quite clear there is no there should be no illusions," - he said, noting that obligations to other consumers of gas will be fully implemented.
"With regard to relations in general, it emphasizes once again, unfortunately, in my opinion, at a low stage of the relationship in recent years have not been at any time. It is very sad," - said the President of the Russian Federation.
According to him, the recent Kiev bode well for relationship-building is not done.
"You know that a number of Ukrainian leaders, in fact, took the decision to supply weapons to Georgia and sent to the Georgia people, trained to shoot the Russian Armed Forces. Otherwise, as a crime against the Russian-Ukrainian relations (we) name can not. It will always remain in our memory, "- said Medvedev.
In addition, the president of Ukraine threatened trouble if the government did not pay the debt for gas. "The money should be paid to the last ruble, if you do not want their business, ultimately, faced with the sanctions and claims by the Russian Federation. You can not both continue. Let all the money to pay," - said Medvedev.
In his view, what is happening in the gas sector, shows the ineffectiveness of the Ukrainian authorities.
"Instead of creating a debt and then fail to pay for them, it is better to have all the forces sent to pay, would find any effective way. No attempt to invent something different positions occupied. Sometimes, just a shame for this See all ", - said Russian President.
Medvedev made it clear that the only task for Russia in this story - to receive payment for the supplied resources, but it is ready to go for stringent measures to solve it.
"You know, we do not have the goal that it shut. Our goal - to get the money. But if Ukraine does not pay, we will use the full range of possibilities, it is quite clear there is no there should be no illusions," - he said, noting that obligations to other consumers of gas will be fully implemented.
Wednesday, December 24, 2008
Medvedev approved the increase of pensions in 2009.
The President of Russia Dmitry Medvedev signed a federal law providing for a phased increase in pension and other social payments in 2009. That was reported by RIA Novosti with reference to the Kremlin press service. The State Duma adopted the document on 12 December, and the Federation Council - 17 December.
The document, signed by Medvedev, said that the basic part of old age pension will increase 1 March 2009 to 156 rubles to 1,950 rubles, and in December - another 510 rubles to 2460 rubles. At the same time, the disabled and people who have reached 80 years, the basic pension will be raised from March 1, at 312 rubles to 3900 rubles.
The bill also includes an increase to 615 rubles amount of funds allocated for the recruitment of social services. In addition, plans to increase payments to several categories of citizens, including those affected by the Chernobyl accident, resulting from an accident in 1957 at the association "Mayak", as well as veterans, the disabled and the heroes of the Soviet Union, Russia, Sotstruda and others.
4 December, Prime Minister Vladimir Putin said that pensions would be raised three Russians, two times will increase the base part, and once - insurance. Premier also did not rule out that in the event of sharp price increases pensions can increase again.
The document, signed by Medvedev, said that the basic part of old age pension will increase 1 March 2009 to 156 rubles to 1,950 rubles, and in December - another 510 rubles to 2460 rubles. At the same time, the disabled and people who have reached 80 years, the basic pension will be raised from March 1, at 312 rubles to 3900 rubles.
The bill also includes an increase to 615 rubles amount of funds allocated for the recruitment of social services. In addition, plans to increase payments to several categories of citizens, including those affected by the Chernobyl accident, resulting from an accident in 1957 at the association "Mayak", as well as veterans, the disabled and the heroes of the Soviet Union, Russia, Sotstruda and others.
4 December, Prime Minister Vladimir Putin said that pensions would be raised three Russians, two times will increase the base part, and once - insurance. Premier also did not rule out that in the event of sharp price increases pensions can increase again.
Inflation in Russia has exceeded 13 percent.
Inflation in Russia since the beginning of 2008 amounted to 13,1 percent, the report says Rosstat. The increase in consumer prices during the week from 16 to 22 December reached 0.2 percent, and since the beginning of the month - 0.5 percent. For comparison, during the first three weeks of December 2007, inflation stood at 0.9 percent, and since the beginning of the year - 11.6 percent.
From 16 to 22 December went up the most beef, frozen fish, tea and certain types of confectionery products. Prices have gone up on average by 0,6-0,8 percent. Pork, chicken, canned meats and alcoholic beverages went up by 0.5 percent. Flour, some types of cereals and sunflower oil cheaper for 0,2-0,8 percent. The price of gasoline fell by 1.6 percent and diesel fuel - by 1.5 percent.
According to official government forecasts on the basis of 2008, consumer price inflation in Russia will be 13.5 percent. About 12 December 2008 Prime Minister Vladimir Putin. According to the official forecast of the Central Bank of Russia, inflation for the year was 13 per cent.
Earlier, the Ministry of Economic Development of expected growth in consumer prices as a result of 2008 at 11.8 percent. November 24, the forecast has been revised, and the agency announced that inflation is slightly higher than 13 per cent. The cause of rising prices were the effects of the global financial crisis caused by the increase in inflation in many other countries around the world.
From 16 to 22 December went up the most beef, frozen fish, tea and certain types of confectionery products. Prices have gone up on average by 0,6-0,8 percent. Pork, chicken, canned meats and alcoholic beverages went up by 0.5 percent. Flour, some types of cereals and sunflower oil cheaper for 0,2-0,8 percent. The price of gasoline fell by 1.6 percent and diesel fuel - by 1.5 percent.
According to official government forecasts on the basis of 2008, consumer price inflation in Russia will be 13.5 percent. About 12 December 2008 Prime Minister Vladimir Putin. According to the official forecast of the Central Bank of Russia, inflation for the year was 13 per cent.
Earlier, the Ministry of Economic Development of expected growth in consumer prices as a result of 2008 at 11.8 percent. November 24, the forecast has been revised, and the agency announced that inflation is slightly higher than 13 per cent. The cause of rising prices were the effects of the global financial crisis caused by the increase in inflation in many other countries around the world.
Gazprom called the "hour X" for Ukraine.
SyuzhetyDolgi Ukraine to Gazprom in 2008 godu24.12.2008 Gazprom has refuted a statement on Yushchenko's restructuring dolgaKommentariiChto it was holodat19.12.2008 Gazprom threatened to halt gas deliveries to Ukraine 2009 goduRossiyskaya gas monopoly Gazprom is not yet the beginning of technical training to put the fuel supply to Ukraine, RIA News. According to the company's Sergey Kupriyanova contract with Naftogaz "before 2009 will not be signed. " 'X Hour' - Jan. 1," - said a staff member of Gazprom.
Kupriyanov also said that Ukraine pay debts for gas delivered in September and October. At the same time, the fuel imported in November and December, in Ukraine, according to Gazprom, while pay is not collected. Earlier in the Russian company has repeatedly stressed that they would not sign a contract for 2009, while Naftogaz "has not been designed for the debts.
The representative of Gazprom said that the Russian company will supply gas to Europe transit through Ukraine, as well as doing so far. Earlier, the first Vice-Premier of Russia and chairman of the board of directors of Gazprom Viktor Zubkov hinted European consumers that Ukraine could start withdrawing fuel, following in Europe, for their needs. At the same time, Ukraine has repeatedly stressed that they would not take someone else's gas.
The contract for the supply of gas in 2009 and is linked to the cost of transit of Russian gas through Ukraine to Europe. Sergey Kupriyanov stressed that Ukraine must ensure the transit of gas, even if the transit will not be approved.
Russia in 2008, supplies to Ukraine at the price of fuel at 179.5 dollars per thousand cubic meters. What will be the cost of fuel, when Gazprom stopped supplying fuel to Ukraine, so far unclear. According to Kupriyanova, the price of gas may be acceptable for Ukrainian consumers, but so far the main issue - it is debt repayment.
Kupriyanov also said that Ukraine pay debts for gas delivered in September and October. At the same time, the fuel imported in November and December, in Ukraine, according to Gazprom, while pay is not collected. Earlier in the Russian company has repeatedly stressed that they would not sign a contract for 2009, while Naftogaz "has not been designed for the debts.
The representative of Gazprom said that the Russian company will supply gas to Europe transit through Ukraine, as well as doing so far. Earlier, the first Vice-Premier of Russia and chairman of the board of directors of Gazprom Viktor Zubkov hinted European consumers that Ukraine could start withdrawing fuel, following in Europe, for their needs. At the same time, Ukraine has repeatedly stressed that they would not take someone else's gas.
The contract for the supply of gas in 2009 and is linked to the cost of transit of Russian gas through Ukraine to Europe. Sergey Kupriyanov stressed that Ukraine must ensure the transit of gas, even if the transit will not be approved.
Russia in 2008, supplies to Ukraine at the price of fuel at 179.5 dollars per thousand cubic meters. What will be the cost of fuel, when Gazprom stopped supplying fuel to Ukraine, so far unclear. According to Kupriyanova, the price of gas may be acceptable for Ukrainian consumers, but so far the main issue - it is debt repayment.
Oil prices fell below 40 dollars a barrel.
Oil prices fell below 40 dollars per barrel, reported AFP on 23 December. At the New York Mercantile Exchange futures price for WTI crude oil grade of execution in February at the end of trading session of 38.98 dollars.
Remember, futures contracts for oil with ekspiratsiey in January on the last day of bidding on them, 19 December, were sold at a price of 32.40 dollars per barrel, which corresponds to the level of February 2004. Thus, in comparison with July 2008, oil prices fell by 78 percent.
 Trading on U.S. stock exchanges on the basis of the session also concluded with a slight decline in major indexes. Dow Jones dropped 1.28 percent (100.28 point), Nasdaq - at 0.71 percent (10.81 item), a S & P 500 - at 0.97 percent (8.48 points). The negative background was created, in particular, the new disappointing reports on the state of the real estate market in the U.S.: for example, sales of new buildings in November dropped to 18-year minimum, but that prices have further accelerated the pace of the fall.
In general, as pointed out by experts in the bidding predrozhdestvenskuyu week are quite low, business investment fell sharply and the number of transactions is significantly lower than usual.
Remember, futures contracts for oil with ekspiratsiey in January on the last day of bidding on them, 19 December, were sold at a price of 32.40 dollars per barrel, which corresponds to the level of February 2004. Thus, in comparison with July 2008, oil prices fell by 78 percent.
 Trading on U.S. stock exchanges on the basis of the session also concluded with a slight decline in major indexes. Dow Jones dropped 1.28 percent (100.28 point), Nasdaq - at 0.71 percent (10.81 item), a S & P 500 - at 0.97 percent (8.48 points). The negative background was created, in particular, the new disappointing reports on the state of the real estate market in the U.S.: for example, sales of new buildings in November dropped to 18-year minimum, but that prices have further accelerated the pace of the fall.
In general, as pointed out by experts in the bidding predrozhdestvenskuyu week are quite low, business investment fell sharply and the number of transactions is significantly lower than usual.
Monday, December 22, 2008
The crisis will not prevent Russia to increase assistance to the world's poorest countries.
By 2011, Russia will be annually allocated to help the world's poorest countries 400-500 million dollars. This was announced by Deputy Minister of Finance Dmitry Pankin, RIA Novosti. For comparison, in 2008 the volume of such financial aid would not exceed 220 million dollars. Thus, the global financial crisis will not affect the support of Russia's poorest countries.
In 2003-2005, Russia allocated from the budget of 50-60 million dollars to help the poorest countries. With the growing budget surplus spending countries on these goals have been gradually increasing. According to Pankin, Russia money goes mainly to combat the spread of infectious diseases.
In 2005, representatives of the Ministry of Finance reported that in recent years, Russia is simply poor countries $ 40 billion.
Recall that a three-year budget for the 2009-2011 year, Russia was created with a substantial surplus. But budget officials have approved at a time when oil prices have not dropped to 40-50 dollars per barrel. As a result, the financial paper said, for example, the average oil price in 2009 will be about $ 95 a barrel.
The sharp drop in oil prices has led to major macroeconomic projections have been significantly revised. Thus, according to the latest ministry figures, with the price of oil at 50 dollars per barrel GDP rises to 2.4 per cent, while industrial production fell by three per cent.
In 2003-2005, Russia allocated from the budget of 50-60 million dollars to help the poorest countries. With the growing budget surplus spending countries on these goals have been gradually increasing. According to Pankin, Russia money goes mainly to combat the spread of infectious diseases.
In 2005, representatives of the Ministry of Finance reported that in recent years, Russia is simply poor countries $ 40 billion.
Recall that a three-year budget for the 2009-2011 year, Russia was created with a substantial surplus. But budget officials have approved at a time when oil prices have not dropped to 40-50 dollars per barrel. As a result, the financial paper said, for example, the average oil price in 2009 will be about $ 95 a barrel.
The sharp drop in oil prices has led to major macroeconomic projections have been significantly revised. Thus, according to the latest ministry figures, with the price of oil at 50 dollars per barrel GDP rises to 2.4 per cent, while industrial production fell by three per cent.
Japanese exports fell in November by a quarter.
Exports from Japan in November fell by 26.7 percent compared to the same month of 2007, reported Bloomberg. The drop in the volume of export goods in relative terms was the highest since the start of the monthly estimates of exports and imports in 1980.
Shipments of Japanese goods and services in the U.S. fell by a record 34 percent. At the same time, exports to China, which is the second most important foreign economic partner of Japan, fell by the maximum value over the past 13 years.
The reason for the sharp decline in export volumes has become a global economic crisis and the high yen, reached on 17 December the 13-year peak against the dollar - 87.14 yen to the U.S. currency. Following the publication of the record rate fell to 90 yen per dollar.
However, the volume of imports fell by 14.4 per cent, so the trade balance was negative (223.4 billion yen) for the third time in the last four months.
Earlier, the Government of Japan predicted zero growth in GDP in 2009. In the third quarter of 2008, the Japanese economy declined in volume by 1.8 per cent recorded thus a technical recession (GDP falling over the next two quarters in succession).
Shipments of Japanese goods and services in the U.S. fell by a record 34 percent. At the same time, exports to China, which is the second most important foreign economic partner of Japan, fell by the maximum value over the past 13 years.
The reason for the sharp decline in export volumes has become a global economic crisis and the high yen, reached on 17 December the 13-year peak against the dollar - 87.14 yen to the U.S. currency. Following the publication of the record rate fell to 90 yen per dollar.
However, the volume of imports fell by 14.4 per cent, so the trade balance was negative (223.4 billion yen) for the third time in the last four months.
Earlier, the Government of Japan predicted zero growth in GDP in 2009. In the third quarter of 2008, the Japanese economy declined in volume by 1.8 per cent recorded thus a technical recession (GDP falling over the next two quarters in succession).
Moscow does not pay for the bonds arrested.
Moscow Region Mortgage Agency (MOIA) December 15, is not bought bonds in a period of 5 billion rubles, which promised to pay the government the Moscow region. The newspaper Vedomosti writes that a ransom had not taken place because the bonds MOIA was seized. By the redemption was almost 100 debt securities MOIA.
As part of the case were arrested bonds MOIA is unknown. Sources publication noted that securities may have been arrested in the case brought by the prosecutor's office with Investigation Committee (UPC). The case, the existence of which the UPC has not officially confirmed, the alleged zavedeno to former officials of regional Ministry of Finance, including separated in summer 2008, the Minister Alexei Kuznetsov.
Recall at the end of October 2008, the rating agency Standard & Poor's downgraded the credit rating of Moscow region to "BB" to "B-". After that, in the Russian media rumors that have defaulted in the area, but this information was subsequently denied by Moscow region Governor Boris Gromovym.
At the end of October, total debt to the banks of the Moscow region exceeded 20 billion rubles. The total debt of the region on October 1, was 138 billion rubles. For comparison, the debt in Moscow in October exceeded 110 billion rubles. In December, for debt restructuring, Moscow Region Government the region issued ruble bonds to a record amount of 33 billion rubles.
As part of the case were arrested bonds MOIA is unknown. Sources publication noted that securities may have been arrested in the case brought by the prosecutor's office with Investigation Committee (UPC). The case, the existence of which the UPC has not officially confirmed, the alleged zavedeno to former officials of regional Ministry of Finance, including separated in summer 2008, the Minister Alexei Kuznetsov.
Recall at the end of October 2008, the rating agency Standard & Poor's downgraded the credit rating of Moscow region to "BB" to "B-". After that, in the Russian media rumors that have defaulted in the area, but this information was subsequently denied by Moscow region Governor Boris Gromovym.
At the end of October, total debt to the banks of the Moscow region exceeded 20 billion rubles. The total debt of the region on October 1, was 138 billion rubles. For comparison, the debt in Moscow in October exceeded 110 billion rubles. In December, for debt restructuring, Moscow Region Government the region issued ruble bonds to a record amount of 33 billion rubles.
Charges income tax and VAT fell fivefold.
In November FNS charges for income tax and VAT fell more than five times compared to October, wrote Monday in the newspaper Kommersant, citing data released by the Ministry of Finance. Earlier, the Ministry of Finance has reported double reducing tax revenues for November, but did not specify from what happened this fall in taxes.
According to authorities, who leads the newspaper, in November in the form of income tax in the State budget received 50.3 billion rubles, while revenues in October amounted to 282 billion rubles. Over the same period in 2007, recalls the publication, tax received 147.6 billion rubles.
At the same time, revenue from VAT in November was only 29.2 billion rubles, while for October - 157 billion rubles. By comparison, in November last year, the State has received from the taxpayers 115 billion rubles in the form of VAT.
In the NRF and the Ministry of Finance this situation with tax charges not comment. At the same time, according to Rosstat, falling tax revenues due to the deterioration in net financial result of Russian enterprises (amount of gain or loss). Thus, reminiscent of Rosstate, it began to deteriorate further in September and October amounted to 63.4 billion rubles, an increase of 88 per cent less than in October 2007.
In turn, the drop analysts linked to the VAT installments, which were the company to pay the tax in October. Thus in October the company made a payment of VAT, only a third of the amount - 157 billion rubles - and in November, according to the Tax Code, would have to pay the same, however, did not happen.
According to authorities, who leads the newspaper, in November in the form of income tax in the State budget received 50.3 billion rubles, while revenues in October amounted to 282 billion rubles. Over the same period in 2007, recalls the publication, tax received 147.6 billion rubles.
At the same time, revenue from VAT in November was only 29.2 billion rubles, while for October - 157 billion rubles. By comparison, in November last year, the State has received from the taxpayers 115 billion rubles in the form of VAT.
In the NRF and the Ministry of Finance this situation with tax charges not comment. At the same time, according to Rosstat, falling tax revenues due to the deterioration in net financial result of Russian enterprises (amount of gain or loss). Thus, reminiscent of Rosstate, it began to deteriorate further in September and October amounted to 63.4 billion rubles, an increase of 88 per cent less than in October 2007.
In turn, the drop analysts linked to the VAT installments, which were the company to pay the tax in October. Thus in October the company made a payment of VAT, only a third of the amount - 157 billion rubles - and in November, according to the Tax Code, would have to pay the same, however, did not happen.
Three-quarters of Russians save on the products.
About 95 percent of Russians said price increases that occurred this year, said a press release, the international research company Nielsen. In this regard, 73 per cent of respondents claimed to have been saves on food and goods of daily demand. However, 10 percent of respondents refused to buy cakes and pastries, and 8 percent - from meat and vodka.
The number of Russians willing to make new purchases, compared with the beginning of the fall of 2008 has not changed - 42 percent of those surveyed. However, there was an increase in those who believe the coming year bad time for new purchases. In September of that said 7 percent of respondents, and by the end of November the number had increased to 13 percent.
The index of consumer confidence in Russia in November 2008 fell by 16 points to 88 points. The reason for declining confidence index was the uncertainty of Russians in their future employment.
The index of consumer confidence calculated Nielsen based on several factors, including consumer confidence in job prospects, their assessment of the state of personal finances and willingness to buy new products. In late November 2008, 51 per cent of Russians polled Nielsen praised his financial well-being as good and excellent. In September and October of confidence in its finances said 67 percent of respondents.
According to a survey conducted by Nielsen, 72 per cent of respondents believed their employment prospects in the coming year is not very good or bad. However, only 25 per cent confident in the stability of their work. In the early autumn of 2008 in a secure job were confident more than half of the Russians.
The number of Russians willing to make new purchases, compared with the beginning of the fall of 2008 has not changed - 42 percent of those surveyed. However, there was an increase in those who believe the coming year bad time for new purchases. In September of that said 7 percent of respondents, and by the end of November the number had increased to 13 percent.
The index of consumer confidence in Russia in November 2008 fell by 16 points to 88 points. The reason for declining confidence index was the uncertainty of Russians in their future employment.
The index of consumer confidence calculated Nielsen based on several factors, including consumer confidence in job prospects, their assessment of the state of personal finances and willingness to buy new products. In late November 2008, 51 per cent of Russians polled Nielsen praised his financial well-being as good and excellent. In September and October of confidence in its finances said 67 percent of respondents.
According to a survey conducted by Nielsen, 72 per cent of respondents believed their employment prospects in the coming year is not very good or bad. However, only 25 per cent confident in the stability of their work. In the early autumn of 2008 in a secure job were confident more than half of the Russians.
France invited the EU to provide loan Ukraine.
SyuzhetyAntikrizisnye loans MVF08.12.2008Latviya receive credit MVFFrantsiya offered to provide loan to Ukraine 1.7 billion euros. It is reported Interfax - Ukraine ", referring to the transcript of statements by French President Nicolas Sarkozy. Thus, France acknowledged that Ukraine, together with Hungary and Iceland were among the main victims of world crisis.
Ambassador of France to Ukraine Jacques Faure said that the EU expects to use funds to support the banking sector and industrial production in Ukraine. In the Ministry of Foreign Affairs of Ukraine confirmed that the EU really intends to send the money to help Ukraine. Terms of the loan and timetables, which will be allocated the money, not reported.
Previously, credit for 16.5 billion dollars in Ukraine highlighted the International Monetary Fund, with 4.5 billion tranche at Kiev has already received. The total amount of credit equal to half of the Ukrainian National Bank reserves. The Government of Ukraine intends to spend borrowed funds primarily for maintenance of the national currency and rekapitalizatsiyu banks.
By the end of 2008, Ukraine loan for 500 million dollars could also provide the World Bank. These funds will be deployed to cover the budget deficit country.
Ambassador of France to Ukraine Jacques Faure said that the EU expects to use funds to support the banking sector and industrial production in Ukraine. In the Ministry of Foreign Affairs of Ukraine confirmed that the EU really intends to send the money to help Ukraine. Terms of the loan and timetables, which will be allocated the money, not reported.
Previously, credit for 16.5 billion dollars in Ukraine highlighted the International Monetary Fund, with 4.5 billion tranche at Kiev has already received. The total amount of credit equal to half of the Ukrainian National Bank reserves. The Government of Ukraine intends to spend borrowed funds primarily for maintenance of the national currency and rekapitalizatsiyu banks.
By the end of 2008, Ukraine loan for 500 million dollars could also provide the World Bank. These funds will be deployed to cover the budget deficit country.
Russia in 2008, has sold arms to 8 billion dollars.
The volume of Russian arms exports in 2008 exceeded eight billion dollars. This statement was made by Vice-Premier Sergei Ivanov, Russia, RIA Novosti.
According to Ivanov, Russia is one of the three world's largest supplier of military products. The portfolio of military orders countries reached 33 billion dollars.
In 2007, Russia sold the weapons more than seven billion dollars. The report, prepared for the U.S. Congress, the volume of Russian arms exports were valued at 10.4 billion dollars.
According to Ivanov, none of the customers are not abandoned its contract because of the global financial crisis. Meanwhile, Russian vice-premier noted that the Russian government intends to provide financial support to domestic enterprises military-industrial complex.
According to Ivanov, Russia is one of the three world's largest supplier of military products. The portfolio of military orders countries reached 33 billion dollars.
In 2007, Russia sold the weapons more than seven billion dollars. The report, prepared for the U.S. Congress, the volume of Russian arms exports were valued at 10.4 billion dollars.
According to Ivanov, none of the customers are not abandoned its contract because of the global financial crisis. Meanwhile, Russian vice-premier noted that the Russian government intends to provide financial support to domestic enterprises military-industrial complex.
Sunday, December 21, 2008
Azerbaijan has agreed to reduce oil production.
Support Azerbaijan's largest oil exporters in the world and reduce oil in the country by 300 thousand barrels per day. This will happen if the OPEC (Organization of countries - oil exporters) to reduce production, said Minister of Industry and Energy Natik Aliyev country. His words RIA Novosti.
Recall that the December 17 meeting of OPEC, which will be decided on a significant reduction in oil production. Most likely, this reduction of two million barrels per day. Such a measure is expected to allow energy producers to raise oil prices on the world market.
Earlier, OPEC called on countries outside the cartel to reduce production to 500-600 thousand barrels per day. In addition, OPEC believes that some oil producers such as Russia, should join the cartel. Russian officials, in turn, pointed out that they are ready to cooperate more closely with OPEC and also cut production.
According to Natika Aliyev, in Azerbaijan produces about 840 thousand barrels per day. In doing so the country can increase production by one million barrels a day, but in the context of falling oil prices, this increase would lead to further glut the market.
The budget of Azerbaijan, as well as many other producers of hydrocarbons, depends heavily on oil prices. In summer, the cost of oil on the world market reached 147 dollars a barrel, which is a historical record. Because of this, many countries have laid in their budgets forecasts for high oil prices. However, in August, the cost of hydrocarbons has become a slump because of concerns about declining demand. By the end of November, prices fell nearly tripled compared with the record.
Recall that the December 17 meeting of OPEC, which will be decided on a significant reduction in oil production. Most likely, this reduction of two million barrels per day. Such a measure is expected to allow energy producers to raise oil prices on the world market.
Earlier, OPEC called on countries outside the cartel to reduce production to 500-600 thousand barrels per day. In addition, OPEC believes that some oil producers such as Russia, should join the cartel. Russian officials, in turn, pointed out that they are ready to cooperate more closely with OPEC and also cut production.
According to Natika Aliyev, in Azerbaijan produces about 840 thousand barrels per day. In doing so the country can increase production by one million barrels a day, but in the context of falling oil prices, this increase would lead to further glut the market.
The budget of Azerbaijan, as well as many other producers of hydrocarbons, depends heavily on oil prices. In summer, the cost of oil on the world market reached 147 dollars a barrel, which is a historical record. Because of this, many countries have laid in their budgets forecasts for high oil prices. However, in August, the cost of hydrocarbons has become a slump because of concerns about declining demand. By the end of November, prices fell nearly tripled compared with the record.
Unemployed in Russia in 2009 will increase to one million.
The number of unemployed in 2009 in Russia could increase by one million people - from 4.6 to 5.6 million. The bill, Deputy Minister for Economic Development of Russia Andrei Klepach, transmits Interfax. Thus, unemployment in Russia could grow to 7.6 per cent compared with 6.3 percent in 2008.
In doing so, according to Klepacha, the number of officially registered unemployed will rise from 1.65 million to 2.8 million.
At the same time, Prime Minister of Russia Vladimir Putin said that the state intends to pursue an active labor market policies in the coming year. To do this in the budget earmarked more than 50 billion rubles. According to the Government, the money will be transferred to the regions under co-financing programs to create jobs and public works.
Putin added that regional programs should be developed with the participation of municipalities before February 1, 2009, but "not at the expense of quality."
Massive job cuts in Russia began in autumn because of the global economic crisis. Many large companies cut payrolls by 10-20 percent. A particularly difficult situation in the steel, banking and media. Vladimir Putin in early December predrek increase in the number of unemployed at 2 million
Rising unemployment in Russia will be accompanied by a drop in the rate of growth of real wages. In 2009, they will decline to 0.8 per cent compared with growth of 11.6 percent on the basis of 2008, RIA Novosti, citing an official at the ministry forecast.
In doing so, according to Klepacha, the number of officially registered unemployed will rise from 1.65 million to 2.8 million.
At the same time, Prime Minister of Russia Vladimir Putin said that the state intends to pursue an active labor market policies in the coming year. To do this in the budget earmarked more than 50 billion rubles. According to the Government, the money will be transferred to the regions under co-financing programs to create jobs and public works.
Putin added that regional programs should be developed with the participation of municipalities before February 1, 2009, but "not at the expense of quality."
Massive job cuts in Russia began in autumn because of the global economic crisis. Many large companies cut payrolls by 10-20 percent. A particularly difficult situation in the steel, banking and media. Vladimir Putin in early December predrek increase in the number of unemployed at 2 million
Rising unemployment in Russia will be accompanied by a drop in the rate of growth of real wages. In 2009, they will decline to 0.8 per cent compared with growth of 11.6 percent on the basis of 2008, RIA Novosti, citing an official at the ministry forecast.
Saturday, December 20, 2008
National Bank of Ukraine and Tymoshenko have exchanged accusations.
KommentariiNepravilnym kursom10.12.2008Vlasti Ukraine zaplutali in the financial sector, National Bank of Ukraine has called the accusations of Prime Minister Yulia Tymoshenko to the Bank of cynicism and criticized the Government for "talentless work." This is stated in an official press release of NBU. The previous day Yulia Tymoshenko said that the National Bank intentionally devalue hryvnya, and the head of the National Bank of Ukraine Vladimir Stelmaha should be dismissed, passes UNIAN.
According to the National Bank, especially in the cynical statements Tymoshenko is the fact that the weapon in the political wars, governments can become ordinary Ukrainians who have been affected by the destabilization of the banking system.
In its press release monetary authorities of Ukraine and also praised its own work. According to the NBU, in government activities came under pressure from specifics, only the National Bank. Previously, it was reported that the position of National Bank of Ukraine supports President Viktor Yushchenko.
The deepening global financial crisis led to the fall of 2008, Ukraine's economy has been drastically reduced, businesses - closed, and banks are experiencing shortages of liquidity. In addition, in the interbank market fell significantly hryvna. As reported on 18 December the newspaper Kommersant-Ukraine ", the dollar in the country for half a year die in relation to the national currency twice.
According to the National Bank, especially in the cynical statements Tymoshenko is the fact that the weapon in the political wars, governments can become ordinary Ukrainians who have been affected by the destabilization of the banking system.
In its press release monetary authorities of Ukraine and also praised its own work. According to the NBU, in government activities came under pressure from specifics, only the National Bank. Previously, it was reported that the position of National Bank of Ukraine supports President Viktor Yushchenko.
The deepening global financial crisis led to the fall of 2008, Ukraine's economy has been drastically reduced, businesses - closed, and banks are experiencing shortages of liquidity. In addition, in the interbank market fell significantly hryvna. As reported on 18 December the newspaper Kommersant-Ukraine ", the dollar in the country for half a year die in relation to the national currency twice.
In 2009, international reserves of Russia will decrease by at least 110 billion dollars.
In 2009, international (gold) reserves of the Central Bank, to assess the Ministry of Economic Development, to decrease by 110-140 billion dollars. By the end of next year, according to the deputy head of the Ministry Andrei Klepacha, they sotavit $ 300 billion.
Earlier, on 18 December it was reported that the volume of international reserves of Russia fell by 12 December to mark the 435.4 billion dollars. Since August, a decrease of nearly 170 billion dollars.
Bank of Russia sells currency from its reserves to control the ruble against a basket of major currencies (dollar and euro). This is only the fall has been spent over $ 50 billion. In addition, the structure of international reserves included the Reserve Fund and the Fund natsblagosostoyaniya who receive most of the proceeds from the sale of Russian oil to world markets. Once the price of oil reached a point in July to 147 dollars per barrel, it has deshevela. By mid-December, oil prices fell to $ 40 a barrel.
 Russian international reserves are considered among the highest in the world. They consist mainly of dollars and euros, as well as monetary gold, reserve position in the International Monetary Fund and other assets.
Russian Economy Ministry also expects that in 2009 the capital of 90 billion dollars. Recall that during the August-September net outflow of capital amounted to about 33 billion dollars. In the first seven months of 2008, net capital inflow in Russia reached 30 billion dollars, and in 2007 - 83 billion dollars. Already in October a net outflow of capital from Russia amounted to about $ 50 billion. The outflow of capital, in particular, is also one of the reasons for a decline in international reserves.
Earlier, on 18 December it was reported that the volume of international reserves of Russia fell by 12 December to mark the 435.4 billion dollars. Since August, a decrease of nearly 170 billion dollars.
Bank of Russia sells currency from its reserves to control the ruble against a basket of major currencies (dollar and euro). This is only the fall has been spent over $ 50 billion. In addition, the structure of international reserves included the Reserve Fund and the Fund natsblagosostoyaniya who receive most of the proceeds from the sale of Russian oil to world markets. Once the price of oil reached a point in July to 147 dollars per barrel, it has deshevela. By mid-December, oil prices fell to $ 40 a barrel.
 Russian international reserves are considered among the highest in the world. They consist mainly of dollars and euros, as well as monetary gold, reserve position in the International Monetary Fund and other assets.
Russian Economy Ministry also expects that in 2009 the capital of 90 billion dollars. Recall that during the August-September net outflow of capital amounted to about 33 billion dollars. In the first seven months of 2008, net capital inflow in Russia reached 30 billion dollars, and in 2007 - 83 billion dollars. Already in October a net outflow of capital from Russia amounted to about $ 50 billion. The outflow of capital, in particular, is also one of the reasons for a decline in international reserves.
Senators approved an increase in pensions Russians in 2009.
The Federation Council approved a bill to raise social payments in 2009, reported Interfax. In particular, approved the document suggests increasing the basic labor old-age pension, disability and survivors.
The bill also provides for an increase in monthly benefits to citizens affected by the Chernobyl disaster, at the Semipalatinsk test site and the accident in 1957 at the association "Mayak". In addition, the increased cash payments will be able to receive Hero of the Soviet Union, Socialist Labor and full Order of Glory.
As expected, the basic part of old age pensions would be increased from 1 Mar., 2009 to 156 rubles to 1950 rubles, and in December - to 510 rubles to 2460 rubles. Disability pensions third degree, as well as citizens who have reached the age of 80 years, will be increased by 312 rubles to 3900 rubles.
4 Dec., 2008 during the "straight line" with the Russians, Prime Minister of Russia Vladimir Putin said that pensions in 2009 would be raised three times. At the same time improving the basic labor pensions will be doubled, and insurance - once. If inflation is high, the insurance portion of pensions may be increased again.
In addition, since 2010, will begin reassessment of the pension rights of those citizens who received them in the Soviet Union. As expected, their pension will be increased by 10 per cent plus one percent for each year of employment. The average pension will grow to 1,700 rubles. In doing so, citizens in the form to the right to a pension beginning in 2010, will be able to receive pension payments of at least 40 per cent of their average earnings.
The bill also provides for an increase in monthly benefits to citizens affected by the Chernobyl disaster, at the Semipalatinsk test site and the accident in 1957 at the association "Mayak". In addition, the increased cash payments will be able to receive Hero of the Soviet Union, Socialist Labor and full Order of Glory.
As expected, the basic part of old age pensions would be increased from 1 Mar., 2009 to 156 rubles to 1950 rubles, and in December - to 510 rubles to 2460 rubles. Disability pensions third degree, as well as citizens who have reached the age of 80 years, will be increased by 312 rubles to 3900 rubles.
4 Dec., 2008 during the "straight line" with the Russians, Prime Minister of Russia Vladimir Putin said that pensions in 2009 would be raised three times. At the same time improving the basic labor pensions will be doubled, and insurance - once. If inflation is high, the insurance portion of pensions may be increased again.
In addition, since 2010, will begin reassessment of the pension rights of those citizens who received them in the Soviet Union. As expected, their pension will be increased by 10 per cent plus one percent for each year of employment. The average pension will grow to 1,700 rubles. In doing so, citizens in the form to the right to a pension beginning in 2010, will be able to receive pension payments of at least 40 per cent of their average earnings.
Ukraine paid Russia billion dollars for gas.
KommentariiChto it was holodat19.12.2008 Gazprom threatened to halt gas supplies to Ukraine 2009 goduSyuzhetyDolgi Ukraine to Gazprom in 2008 godu19.12.2008 Gazprom to learn about Ukraine's refusal to pay a debt of DubinyUkraina paid billion dollars of debt for the consumption in September and October natural gas. It said press secretary of President Viktor Yushchenko, Irina Vannikova, RIA Novosti. Earlier, Ukraine reported for the settlement of 800 million dollars of accumulated debt for the autumn months.
According to the calculations of Gazprom, the total payments to Ukraine on gas debt accumulated from September to December, net had already returned 800 million dollars, should take approximately two billion. In that, of the total debt repaid only part Vannikova accused the government of Ukraine. She said that late payment is due to "negligence" Cabinet of Ministers.
Vannikova also reported on the Yushchenko is confident that his personal intervention in the negotiations on the price of gas will resolve the difficulties, transmits Interfax.
Due to the fact that debts for gas is not fully repaid, Gazprom has refused to sign a contract to supply gas to Ukraine next year. It was expected that from 1 January 2009, Gazprom and Naftogaz "sent to the direct relationship, bypassing brokers. But this was only possible on condition the payment of the entire current debt.
According to the calculations of Gazprom, the total payments to Ukraine on gas debt accumulated from September to December, net had already returned 800 million dollars, should take approximately two billion. In that, of the total debt repaid only part Vannikova accused the government of Ukraine. She said that late payment is due to "negligence" Cabinet of Ministers.
Vannikova also reported on the Yushchenko is confident that his personal intervention in the negotiations on the price of gas will resolve the difficulties, transmits Interfax.
Due to the fact that debts for gas is not fully repaid, Gazprom has refused to sign a contract to supply gas to Ukraine next year. It was expected that from 1 January 2009, Gazprom and Naftogaz "sent to the direct relationship, bypassing brokers. But this was only possible on condition the payment of the entire current debt.
Friday, December 19, 2008
Schwarzenegger vetoed the budget plan Democrats.
California Governor Arnold Schwarzenegger will veto the economic plan, which legislators have prepared Democrats, told Los Angeles Times. The plan, aimed at combating the budget crisis in the state, California Legislative Assembly approved on Thursday.
Democrats had intended to supplement the budget at 18 billion dollars by raising gas, income tax and sales tax as well as cost reductions in education and health. According to Governor Republicans, the plan will not be able to sufficiently intense to stimulate the economy.
Democrats Plan to accelerate the budget for construction projects related to hospitals, roads, housing and protection from floods. Schwarzenegger believes that the need for the same purpose made less burdensome current rules to protect the environment, which delayed the implementation of such projects, and more to bring in building private contractors.
The annual budget deficit of California is almost $ 15 billion, and by February the state may be left without a budget. On Wednesday the authorities had in connection with the freeze on infrastructure development projects. Lawmakers angered by the new decision, Schwarzenegger and his condition is melochnymi chicanery. "We made him a gift of 18 billion, and he lowered it to the sewer. He thinks more about his ego, rather than the good state", - said Democrat Mark Lino (Mark Leno), which represents San Francisco in the California Senate.
Democrats had intended to supplement the budget at 18 billion dollars by raising gas, income tax and sales tax as well as cost reductions in education and health. According to Governor Republicans, the plan will not be able to sufficiently intense to stimulate the economy.
Democrats Plan to accelerate the budget for construction projects related to hospitals, roads, housing and protection from floods. Schwarzenegger believes that the need for the same purpose made less burdensome current rules to protect the environment, which delayed the implementation of such projects, and more to bring in building private contractors.
The annual budget deficit of California is almost $ 15 billion, and by February the state may be left without a budget. On Wednesday the authorities had in connection with the freeze on infrastructure development projects. Lawmakers angered by the new decision, Schwarzenegger and his condition is melochnymi chicanery. "We made him a gift of 18 billion, and he lowered it to the sewer. He thinks more about his ego, rather than the good state", - said Democrat Mark Lino (Mark Leno), which represents San Francisco in the California Senate.
Gazprom does not sign a contract with Ukraine until the New Year.
SyuzhetyDolgi Ukraine to Gazprom in 2008 godu17.12.2008 Naftogaz refused to pay Gazprom through tranzitaRossiyskaya gas monopoly Gazprom will not sign with his Ukrainian partner - Naftogaz Ukraine - a contract for the supply of fuel in the next year before the New Year. Told the official representative of Gazprom Sergei Kupriyanov. His words RIA Novosti.
Kupriyanov also said that Ukraine has no plans to pay Gazprom remaining debt of approximately two billion dollars. "This means that the legal basis to supply gas to Ukraine on January 1, we will not" - quoted Kupriyanova Agency.
December 18 Ukrainian President Viktor Yushchenko said that "Naftogaz" paid Gazprom 800 million dollars in debts, as soon intends to pay another 200 million dollars. Kupriyanov confirmed only about 800 million dollars, transmits Interfax. More Ukraine, according to Gazprom, does not intend to pay.
At the same time, "Naftogaza Ukraine stated that they do not know from where did the information about the company's intention not to return the debt.
Earlier, representatives of Gazprom said that would not sign a contract with Ukraine for 2009, while Naftogaz failed to pay debts. So far unclear how the fuel would be carried out to the Ukraine after the New Year. Earlier, in exceptional cases, Gazprom passed gas to Ukraine without a contract, but it is quite possible that this time the Russian monopoly in part to stop the flow.
If this is indeed happens, Ukraine may begin to collect gas that Gazprom supplies to other European countries on Ukrainian pipelines. This has happened in 2006. In 2008, representatives of Ukraine on several occasions stated that they are ready to fulfill all obligations towards the European partners.
Now, Gazprom supplies Ukraine gas at 179.5 dollars per thousand cubic meters. What will be the price in 2009, yet unclear. In the middle of the year, Russian media reported that the cost of gas may podrasti about twice, but since August 2008 oil and gas prices on the world market declined significantly.
Kupriyanov also said that Ukraine has no plans to pay Gazprom remaining debt of approximately two billion dollars. "This means that the legal basis to supply gas to Ukraine on January 1, we will not" - quoted Kupriyanova Agency.
December 18 Ukrainian President Viktor Yushchenko said that "Naftogaz" paid Gazprom 800 million dollars in debts, as soon intends to pay another 200 million dollars. Kupriyanov confirmed only about 800 million dollars, transmits Interfax. More Ukraine, according to Gazprom, does not intend to pay.
At the same time, "Naftogaza Ukraine stated that they do not know from where did the information about the company's intention not to return the debt.
Earlier, representatives of Gazprom said that would not sign a contract with Ukraine for 2009, while Naftogaz failed to pay debts. So far unclear how the fuel would be carried out to the Ukraine after the New Year. Earlier, in exceptional cases, Gazprom passed gas to Ukraine without a contract, but it is quite possible that this time the Russian monopoly in part to stop the flow.
If this is indeed happens, Ukraine may begin to collect gas that Gazprom supplies to other European countries on Ukrainian pipelines. This has happened in 2006. In 2008, representatives of Ukraine on several occasions stated that they are ready to fulfill all obligations towards the European partners.
Now, Gazprom supplies Ukraine gas at 179.5 dollars per thousand cubic meters. What will be the price in 2009, yet unclear. In the middle of the year, Russian media reported that the cost of gas may podrasti about twice, but since August 2008 oil and gas prices on the world market declined significantly.
The value of barrel of oil fell to 36 dollars.
SyuzhetyHronika crisis in the stock rynke18.12.2008RTS and MICEX opened snizheniemKommentariiOstanovit oil deflyatsiyu02.12.2008OPEK not become a reduction of oil production and appealed for help to RossiiStoimost barrel on the New York Mercantile Exchange NYMEX December 18 fell by 9 percent, reaching a record high of 36 dollars, transfer agency Reuters.
Moreover, said agency during the bidding for oil January futures brand WTI falls to 35.98 dollars per barrel, but at the end of the session recorded for the mark to 36.22 dollars. This fall, analysts believe, may continue in the future, because in the midst of a financial crisis, demand for oil continues to steadily decline.
Recall that on Wednesday 17 December Countries Organization - Petroleum Exporting (OPEC) decided to reduce oil production nations belonging to the cartel, to 2.2 million barrels per day compared with September 2008. The decision of OPEC was to stimulate the growth of commodity prices, but this has not happened.
Exchange session on December 18, passes Agency France Presse, also closed the decline of major stock indexes.
Dow Jones Index lost 219.35 bid on the basis of points (2.49 percent), high-tech Nasdaq dropped 26.94 points (1.71 percent), while the broad market Standard & Poor's 500 - by 19.07 points (2, 11 per cent).
Moreover, said agency during the bidding for oil January futures brand WTI falls to 35.98 dollars per barrel, but at the end of the session recorded for the mark to 36.22 dollars. This fall, analysts believe, may continue in the future, because in the midst of a financial crisis, demand for oil continues to steadily decline.
Recall that on Wednesday 17 December Countries Organization - Petroleum Exporting (OPEC) decided to reduce oil production nations belonging to the cartel, to 2.2 million barrels per day compared with September 2008. The decision of OPEC was to stimulate the growth of commodity prices, but this has not happened.
Exchange session on December 18, passes Agency France Presse, also closed the decline of major stock indexes.
Dow Jones Index lost 219.35 bid on the basis of points (2.49 percent), high-tech Nasdaq dropped 26.94 points (1.71 percent), while the broad market Standard & Poor's 500 - by 19.07 points (2, 11 per cent).
Thursday, December 18, 2008
RosUkrEnergo announced the payment of Naftohaz only a quarter of its debts.
SyuzhetyDolgi Ukraine to Gazprom in 2008 godu17.12.2008 Naftogaz refused to pay Gazprom through transit "Naftogaz Ukraine" does not pay the debt, even for the October delivery of gas from Russia . It is reported Interfax with reference to the press secretary of RosUkrEnergo Andrew Knutova. According to him, the amount of debt Naftohaz to RosUkrEnergo, an intermediary in supplying gas to Ukraine, after the 18 December to 800 million dollars has decreased by only a quarter.
He added that financial obligations Naftohaz, taking into account the supply in October-December, as well as punitive damages at more than two billion dollars.
Earlier on Dec. 18 an official representative of Gazprom Sergei Kupriyanov said that Ukraine, moving to Gazprom 800 million dollars for gas supplies, said the Russian monopoly, that it would not pay more for fuel. According to Kupriyanov, in connection with the Gazprom refuses to sign the contract for the supply of gas next year. In turn, representatives of the "Naftogaza Ukraine stated that they do not know from where did the information about the company's intention not to return the debt.
Recall that the supply of Russian gas to Ukraine was detailed in a memorandum on cooperation in gas sphere, signed by heads of governments of Russia and Ukraine in October 2008. It was expected that from 1 January 2008, Gazprom and Naftogaz "sent to the direct relationship, bypassing brokers. However, this was possible only with the full repayment of Naftohaz all debt for the delivered gas.
After the debt repayment "Naftogaz and Gazprom will be able to resume negotiations on conditions of gas supplies to Ukraine in 2009. Now the price of fuel at 179.5 dollars per thousand cubic meters, but next year the price has not yet been determined. The cost will depend of how prices Gazprom will buy gas in Central Asia, whence come the supply to Ukraine. At the same time, Gazprom has not yet agreed on the conditions of the purchase of gas in Central Asia.
He added that financial obligations Naftohaz, taking into account the supply in October-December, as well as punitive damages at more than two billion dollars.
Earlier on Dec. 18 an official representative of Gazprom Sergei Kupriyanov said that Ukraine, moving to Gazprom 800 million dollars for gas supplies, said the Russian monopoly, that it would not pay more for fuel. According to Kupriyanov, in connection with the Gazprom refuses to sign the contract for the supply of gas next year. In turn, representatives of the "Naftogaza Ukraine stated that they do not know from where did the information about the company's intention not to return the debt.
Recall that the supply of Russian gas to Ukraine was detailed in a memorandum on cooperation in gas sphere, signed by heads of governments of Russia and Ukraine in October 2008. It was expected that from 1 January 2008, Gazprom and Naftogaz "sent to the direct relationship, bypassing brokers. However, this was possible only with the full repayment of Naftohaz all debt for the delivered gas.
After the debt repayment "Naftogaz and Gazprom will be able to resume negotiations on conditions of gas supplies to Ukraine in 2009. Now the price of fuel at 179.5 dollars per thousand cubic meters, but next year the price has not yet been determined. The cost will depend of how prices Gazprom will buy gas in Central Asia, whence come the supply to Ukraine. At the same time, Gazprom has not yet agreed on the conditions of the purchase of gas in Central Asia.
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