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Quote of the day
"Such a system as [Russian Prime Minister Vladimir] Putin's is exactly a target for destruction. It needs to be destroyed."
Former Soviet President Mikhail Gorbachev
Former Soviet President Mikhail Gorbachev
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Due to the first signs of the recovery, the U.S. Energy Information Agency expects a 410,000 barrel-per-day increase in the fourth quarter of 2009 from the same period a year ago. Its previous forecast was almost twice less. Oct 6, 2009 at 20:29 | Reuters |
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According to them, in its reviewed restructuring offer, which was distributed among the creditors last week, Nadra outlined three options for the restructuring. Oct 6, 2009 at 19:10 | Interfax-Ukraine |
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The National Bank of Ukraine (NBU) has appointed an independent expert, Viktor Mironenko, temporary administrator at Kyiv-based East European Bank, the NBU has reported in a letter to banks. Oct 6, 2009 at 12:07 | Interfax-Ukraine |
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The company said that the sum considerably exceeds tax payments planned in the company's tariff on electricity generated by nuclear power plants and sold by Energoatom. Oct 6, 2009 at 11:25 | Interfax-Ukraine |
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Catherine Belton writes: A corporate battle that has blighted Russia’s investment climate for years took a big step towards resolution on Monday whenTelenor, the Norwegian telecoms operator, and its Russian partner, Alfa Group, said they would merge their Russian and Ukrainian holdings. The deal would merge Vimpelcom, Russia’s number two mobile operator, with Ukraine’s Kyivstar to create a new New York-listed entity worth more than $23 billion. Oct 6, 2009 at 06:34 |
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Gregory L. White and Will Bland: Facing a loss of most of its investment, Norway's Telenor ASA agreed to merge its Russian and Ukrainian telecom assets with those of Alfa Group, the partner with whom it has been fighting a five-year boardroom battle. Both sides said the proposed $23 billion deal will put an end to one of Russia's fiercest corporate wars, including the court case that had led bailiffs to seize most of Telenor's Russian investment. Oct 6, 2009 at 06:15 |