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Создан: 12.08.2013
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Americans go on spending spree on Thanksgiving Day

Пятница, 01 Декабря 2017 г. 04:28 + в цитатник

The Americans celebrated Thanksgiving Day a few days ago, and it became one of the most expensive holidays on record. Thanksgiving Day gives a start to the sales season, taking place the day before Black Friday. The previous two sales seasons were a failure as the Americans were reluctant to squander their money. However, this year they went on a spending spree.
In a single day the Americans spent 1.52 billion dollars. Favorable economic conditions contributed strongly to an increase in sales. The strong labor market, robust wages growth, and rising US stocks boosted consumers’ appetite. This year retailers registered the record number of those who wished to buy everything in sight. Enormous queues, chase for good bargains, huge discounts, fights and many other things created a really festive mood on that day. “The turnout is clearly better than the last couple of years,” said Craig Johnson, president of Customer Growth Partners. “The parking lots are full and the outlet malls are busy.” In total, consumer spending advanced by 16.8% from the start of the sales season comparing to the last year. So, retailers happily anticipate huge revenues. Thanksgiving Day is only a prelude to a bunch of upcoming holidays.

https://instaforex.livejournal.com/1829360.html


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Americans go on spending spree on Thanksgiving Day

Пятница, 01 Декабря 2017 г. 04:28 + в цитатник

The Americans celebrated Thanksgiving Day a few days ago, and it became one of the most expensive holidays on record. Thanksgiving Day gives a start to the sales season, taking place the day before Black Friday. The previous two sales seasons were a failure as the Americans were reluctant to squander their money. However, this year they went on a spending spree.
In a single day the Americans spent 1.52 billion dollars. Favorable economic conditions contributed strongly to an increase in sales. The strong labor market, robust wages growth, and rising US stocks boosted consumers’ appetite. This year retailers registered the record number of those who wished to buy everything in sight. Enormous queues, chase for good bargains, huge discounts, fights and many other things created a really festive mood on that day. “The turnout is clearly better than the last couple of years,” said Craig Johnson, president of Customer Growth Partners. “The parking lots are full and the outlet malls are busy.” In total, consumer spending advanced by 16.8% from the start of the sales season comparing to the last year. So, retailers happily anticipate huge revenues. Thanksgiving Day is only a prelude to a bunch of upcoming holidays.

https://instaforex.livejournal.com/1829360.html


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Melania Trump decorated the White House for Christmas

Пятница, 01 Декабря 2017 г. 04:08 + в цитатник
Melania Trump and her team have completed the preparation of the White House for the upcoming Christmas. This year, the family of the President of the United States will first meet the holiday at the residence.


For her first Christmas as First Lady, Melania Trump designed a decoration theme that serves as an ode to the past: “Time-Honored Traditions.” Melania Trump was said so have 'personally selected' most of the Christmas decor , according to Press Secretary Sarah Sanders. The main colors of the White House decoration are red, green and gold. The facade of the building is decorated with traditional Christmas wreaths with a red ribbon.


The decor includes 71 wreaths, 53 Christmas trees, more than 18,000 lights, more than 12,000 ornaments, more than 3,100 yards (about 2,800 meters) of ribbon and more than 1,000 feet (300 meters) of garland, the White House said. More than 150 volunteers from 29 states spent 1,600 hours over the holiday weekend decking the White House halls.


The first lady's office previewed the decorations before welcoming students from a nearby military base in Maryland to see the decorations and try some Christmas-themed arts and crafts, such as building gumdrop trees and decorating garland. Wearing a winter white dress with cape-like sleeves and gold-toned heels, Mrs. Trump descended a staircase from the residence to the Grand Foyer and spent a few minutes taking in the ballerinas before she joined a group of children making paper wreaths and other decorations in the State Dining Room.


Ballerinas leaping to the strains of Tchaikovsky's The Nutcracker helped launch Christmas at the White House. The dancers echoed the first themed Christmas at the White House, Jacqueline Kennedy's “Nutcracker Suite” in 1961.


In the East Wing, visitors find a tribute to our service members and their families with the Gold Star Family Tree, which has been decorated with gold stars and patriotic ribbon. Then, visitors will see the Library, which features President Franklin D. Roosevelt's 1866 edition of “A Christmas Carol,” as they recall the time-honored custom of reading Christmas stories to loved ones.


The China Room honors the holiday traditions of dining and hospitality. The room is set up for a family Christmas dinner, with the table displaying the china from President Ronald Reagan.


Among the Christmas standards is an 18-by-6-foot (5.5-by-1.8-meter) Balsam fir from Wisconsin in the traditional spot in the Blue Room. The decoration of the White House include magnolia leaves, amaryllis and pine cones.


The 350-pound (160-kilogram) gingerbread house in the State Dining Room offers a view of the White House from the South Lawn, with wreaths on every window and a U.S. flag flying from its sugary rooftop. Also, the confectioners prepared 31 thousand cookies.


“The President, Barron, and I are very excited for our first Christmas in the White House. As with many families across the country, holiday traditions are very important to us. I hope when visiting the People's House this year, visitors will get a sense of being home for the holidays. On behalf of my husband and Barron, I want to wish everyone a Merry Christmas and joyous holiday season,” - said Melania Trump.


In December it is planned to hold more than 100 holiday parties and welcome about 25 thousand guests in the White House.

https://instaforex.livejournal.com/1829003.html


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Melania Trump decorated the White House for Christmas

Пятница, 01 Декабря 2017 г. 04:08 + в цитатник
Melania Trump and her team have completed the preparation of the White House for the upcoming Christmas. This year, the family of the President of the United States will first meet the holiday at the residence.


For her first Christmas as First Lady, Melania Trump designed a decoration theme that serves as an ode to the past: “Time-Honored Traditions.” Melania Trump was said so have 'personally selected' most of the Christmas decor , according to Press Secretary Sarah Sanders. The main colors of the White House decoration are red, green and gold. The facade of the building is decorated with traditional Christmas wreaths with a red ribbon.


The decor includes 71 wreaths, 53 Christmas trees, more than 18,000 lights, more than 12,000 ornaments, more than 3,100 yards (about 2,800 meters) of ribbon and more than 1,000 feet (300 meters) of garland, the White House said. More than 150 volunteers from 29 states spent 1,600 hours over the holiday weekend decking the White House halls.


The first lady's office previewed the decorations before welcoming students from a nearby military base in Maryland to see the decorations and try some Christmas-themed arts and crafts, such as building gumdrop trees and decorating garland. Wearing a winter white dress with cape-like sleeves and gold-toned heels, Mrs. Trump descended a staircase from the residence to the Grand Foyer and spent a few minutes taking in the ballerinas before she joined a group of children making paper wreaths and other decorations in the State Dining Room.


Ballerinas leaping to the strains of Tchaikovsky's The Nutcracker helped launch Christmas at the White House. The dancers echoed the first themed Christmas at the White House, Jacqueline Kennedy's “Nutcracker Suite” in 1961.


In the East Wing, visitors find a tribute to our service members and their families with the Gold Star Family Tree, which has been decorated with gold stars and patriotic ribbon. Then, visitors will see the Library, which features President Franklin D. Roosevelt's 1866 edition of “A Christmas Carol,” as they recall the time-honored custom of reading Christmas stories to loved ones.


The China Room honors the holiday traditions of dining and hospitality. The room is set up for a family Christmas dinner, with the table displaying the china from President Ronald Reagan.


Among the Christmas standards is an 18-by-6-foot (5.5-by-1.8-meter) Balsam fir from Wisconsin in the traditional spot in the Blue Room. The decoration of the White House include magnolia leaves, amaryllis and pine cones.


The 350-pound (160-kilogram) gingerbread house in the State Dining Room offers a view of the White House from the South Lawn, with wreaths on every window and a U.S. flag flying from its sugary rooftop. Also, the confectioners prepared 31 thousand cookies.


“The President, Barron, and I are very excited for our first Christmas in the White House. As with many families across the country, holiday traditions are very important to us. I hope when visiting the People's House this year, visitors will get a sense of being home for the holidays. On behalf of my husband and Barron, I want to wish everyone a Merry Christmas and joyous holiday season,” - said Melania Trump.


In December it is planned to hold more than 100 holiday parties and welcome about 25 thousand guests in the White House.

https://instaforex.livejournal.com/1829003.html


Метки:  

Melania Trump decorated the White House for Christmas

Пятница, 01 Декабря 2017 г. 04:08 + в цитатник
Melania Trump and her team have completed the preparation of the White House for the upcoming Christmas. This year, the family of the President of the United States will first meet the holiday at the residence.


For her first Christmas as First Lady, Melania Trump designed a decoration theme that serves as an ode to the past: “Time-Honored Traditions.” Melania Trump was said so have 'personally selected' most of the Christmas decor , according to Press Secretary Sarah Sanders. The main colors of the White House decoration are red, green and gold. The facade of the building is decorated with traditional Christmas wreaths with a red ribbon.


The decor includes 71 wreaths, 53 Christmas trees, more than 18,000 lights, more than 12,000 ornaments, more than 3,100 yards (about 2,800 meters) of ribbon and more than 1,000 feet (300 meters) of garland, the White House said. More than 150 volunteers from 29 states spent 1,600 hours over the holiday weekend decking the White House halls.


The first lady's office previewed the decorations before welcoming students from a nearby military base in Maryland to see the decorations and try some Christmas-themed arts and crafts, such as building gumdrop trees and decorating garland. Wearing a winter white dress with cape-like sleeves and gold-toned heels, Mrs. Trump descended a staircase from the residence to the Grand Foyer and spent a few minutes taking in the ballerinas before she joined a group of children making paper wreaths and other decorations in the State Dining Room.


Ballerinas leaping to the strains of Tchaikovsky's The Nutcracker helped launch Christmas at the White House. The dancers echoed the first themed Christmas at the White House, Jacqueline Kennedy's “Nutcracker Suite” in 1961.


In the East Wing, visitors find a tribute to our service members and their families with the Gold Star Family Tree, which has been decorated with gold stars and patriotic ribbon. Then, visitors will see the Library, which features President Franklin D. Roosevelt's 1866 edition of “A Christmas Carol,” as they recall the time-honored custom of reading Christmas stories to loved ones.


The China Room honors the holiday traditions of dining and hospitality. The room is set up for a family Christmas dinner, with the table displaying the china from President Ronald Reagan.


Among the Christmas standards is an 18-by-6-foot (5.5-by-1.8-meter) Balsam fir from Wisconsin in the traditional spot in the Blue Room. The decoration of the White House include magnolia leaves, amaryllis and pine cones.


The 350-pound (160-kilogram) gingerbread house in the State Dining Room offers a view of the White House from the South Lawn, with wreaths on every window and a U.S. flag flying from its sugary rooftop. Also, the confectioners prepared 31 thousand cookies.


“The President, Barron, and I are very excited for our first Christmas in the White House. As with many families across the country, holiday traditions are very important to us. I hope when visiting the People's House this year, visitors will get a sense of being home for the holidays. On behalf of my husband and Barron, I want to wish everyone a Merry Christmas and joyous holiday season,” - said Melania Trump.


In December it is planned to hold more than 100 holiday parties and welcome about 25 thousand guests in the White House.

https://instaforex.livejournal.com/1829003.html


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Brexit costs average UK household more than lb600 a year

Среда, 29 Ноября 2017 г. 03:37 + в цитатник

Brexit is not completed but has already hit the budgets of British families. According to analysts at the Centre for Economic Performance, the UK withdrawal from the EU costs £7.74, or $10.23 a week, or $533.9 a year, to ordinary British citizens. The experts based their calculations on weakening national currency, reduction of wages, and inflation growth.
After the referendum, the UK inflation is accelerating at the same pace as wages are decreasing. Income of an average British citizen contracted by 448 pounds, or 592 dollars a year. Thus, voting for Brexit costs the minimum weekly salary. Of course, non-British people may wonder isn’t it too much? Though true gentlemen do not discuss their salaries, British researchers gladly estimate it. "Had sterling not depreciated and the economy continued to grow at its previous rate, as would have been likely with an improving global backdrop, real household disposable income might have been more than 2 percent higher than now, worth over £600 per annum to the average household," economist Garry Young said.
However, any decision has consequences for which almost always someone has to pay. The decision to withdraw from the EU is getting more expensive every day. Now, the parties are discussing the size of the Brexit bill, which is expected to be huge. The European Union wants the UK to pay at least 60 billion euros.

https://instaforex.livejournal.com/1828708.html


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7 Safest Investments

Среда, 29 Ноября 2017 г. 01:54 + в цитатник

Experts believe that if you invest your money properly, you can not only save your money but also multiply it.


Many analysts are sure that the cryptocurrency is the greatest economic bubble in history, which will burst in the near future and entail significant financial losses for investors. However, experienced market players will be able to make money even on the bubble. And we present to your attention a list of the safest types of investments that will let you save money, even if you are not a professional trader.


  • Savings Accounts

    Perhaps the simplest and most convenient place to store your money is a basic savings account. Savings accounts are almost completely liquid: You can get your money out at any time, through any branch or ATM. In addition, by keeping your money on a savings account, you are guaranteed to receive an interest set by the bank.

    The main types of investments using a savings account can be divided into two types: interest rate and account balance. Right now, the average savings account pays only 0.06% in interest – not enough to keep up with inflation. But with a little effort, you can probably find an account that offers enough interest to keep your savings balance more or less on par with inflation.


    • Money Market Accounts

      A money market account is a money deposit, the funds from which a bank customer can not withdraw within the agreed period. The bank uses the client's money for its own needs, but after the expiration of the set period the bank returns to the depositor his funds and accrues interest for the storage of money.

      Money market accounts generally pay a bit more interest than savings accounts at the same bank. You need a minimum balance to open an account. Banks require a higher minimum balance for a money market account than for a basic savings account.


      • Rewards Checking Accounts

        Savings accounts pay more interest than checking accounts but you still can get a small interest. The main advantage of such account is the possibility of withdrawing money at any time. As experts note, it is rather difficult to obtain large incomes from this type of investment; however, it is not bad for personal savings.


        • Certificates of Deposit

          A certificate of deposit, or CD, is basically a fixed-term loan that you make to your bank. You agree to let the bank keep your money for a specified amount of time, such as six months, one year, or two years. In exchange, the bank agrees to pay you a guaranteed rate of interest when the CD matures – that is, when the loan term is up. The longer the term of the CD, the more interest it pays.

          The only difference is that only a legal entity can be the holder of the certificate of deposit.



          • Treasury Securities

            In Russia, only two banks provide government bonds - Sberbank and VTB. The government offers to buy securities at a high rate, the amount of which is much higher than the interest on a standard bank deposit. At the same time, the size of the rate is growing every year, which makes this type of investment profitable, with long period of storage of bonds.

            Treasury securities are very safe because they're backed by the U.S. Government. So unless the government defaults on its loans – an extremely unlikely scenario – you're guaranteed to get your principal back, along with any interest that's due to you, on any Treasury securities you hold until maturity.



            • Investment funds

              Open-end fund is a collective investment scheme which can issue and redeem shares at any time. The depositor is the owner of a certain share in the property of the fund. Most open-end funds are actively managed, meaning that a portfolio manager picks the securities to buy. In investment funds, the depositor receives more profit, but the potential risks are much higher.


              • Short-Term Bond Funds

                This is a type of mutual fund investing in short-term securities with low risk. This type of investment can bring significant profits, but special attention should be paid to the safety of monetary investments.








https://instaforex.livejournal.com/1828531.html


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Russian ruble faces not happy New Year

Вторник, 28 Ноября 2017 г. 05:07 + в цитатник

Sanctions and the Russian ruble are closely interrelated. When we speak about the ruble, we think about sanctions and vice versa. The Russian currency not only stopped falling after the sanctions had been imposed, but even managed to recover losses. However, the sanctions still weight on the ruble exchange rate, and an adverse effect is yet to appear.
Currently, the ruble’s rise is dented not by existing but by prospective sanctions. The outlook for the Russian currency is gloomy as it faces risks that more harsh financial restrictions will be placed. Some experts say there is no reason to panic. However, when the new year comes, the situation may change drastically. The Russian finance ministry has the national currency on a short leash. It keeps its savings in the foreign currency and ahead of the New Year the ministry plans to increase the volume of forex purchases significantly. At any rate, the government agency deliberately continues to buy US dollars and euros as the weaker ruble ensures bigger budget revenues, making it possible to offset difficulties in cutting the budget deficit through borrowing on financial markets.
Besides, the Russian central bank is expected to lower the interest rates, therefore the gap between the US dollar and the ruble may increase. To sum up, the Russian currency is going to have a harsh start of the upcoming year. On the one hand, it will get a blow from the Russian finance ministry and the central bank; and on the other hand, the Western sanctions will continue to weigh on it.

https://instaforex.livejournal.com/1828302.html


Метки:  

Russian ruble faces not happy New Year

Вторник, 28 Ноября 2017 г. 05:07 + в цитатник

Sanctions and the Russian ruble are closely interrelated. When we speak about the ruble, we think about sanctions and vice versa. The Russian currency not only stopped falling after the sanctions had been imposed, but even managed to recover losses. However, the sanctions still weight on the ruble exchange rate, and an adverse effect is yet to appear.
Currently, the ruble’s rise is dented not by existing but by prospective sanctions. The outlook for the Russian currency is gloomy as it faces risks that more harsh financial restrictions will be placed. Some experts say there is no reason to panic. However, when the new year comes, the situation may change drastically. The Russian finance ministry has the national currency on a short leash. It keeps its savings in the foreign currency and ahead of the New Year the ministry plans to increase the volume of forex purchases significantly. At any rate, the government agency deliberately continues to buy US dollars and euros as the weaker ruble ensures bigger budget revenues, making it possible to offset difficulties in cutting the budget deficit through borrowing on financial markets.
Besides, the Russian central bank is expected to lower the interest rates, therefore the gap between the US dollar and the ruble may increase. To sum up, the Russian currency is going to have a harsh start of the upcoming year. On the one hand, it will get a blow from the Russian finance ministry and the central bank; and on the other hand, the Western sanctions will continue to weigh on it.

https://instaforex.livejournal.com/1828302.html


Метки:  

Basic altcoin trading strategies

Вторник, 28 Ноября 2017 г. 02:19 + в цитатник

Investors who prefer to invest in altcoins can take advantage of the advice of experienced market players to reduce risks.


Most investors get acquainted with the world of cryptocurrency through bitcoin, the leading digital means of payment. However, later they start taking an interest in other coins. In general, investors are attracted by the altcoins. Experts warn against errors when investing in this cryptocurrency, and give advice on how to minimize risks in this situation.

Invest in an altcoin during the ICO

According to experts, you should try and get in a presale or buy early in the ICO to get bonus tokens. Right when the coin hits the exchange watch to see if it immediately spikes. If it does, sell when you have made what you feel comfortable making. There is a good chance that the coin will not spike when it hits the exchange. If you had gotten the coin at the presale price then you will still make a profit of 50% – 100% depending on the deal you got. When you are using this strategy, experts suggest buying into a few coins and not putting all your cash into just one.


    Wait for a coin to hit the exchange and buy it when does its initial dip

    Some analysts believe that you will most likely get it cheaper than anyone from the ICO sale. The reason a lot of these coins dip when they hit exchanges is because presale buyers and those that received free coins for helping market the ICO are dumping coins on the market. This may skew the actual market cap of the company.


      It is worth turning to technical analysis

      Let the altcoin hit the exchange and watch it through its initial spike and dip. Analyze the charts and see how it starts to move against chart indicators such as MACD, Signal and basic technical charting. See if any candle chart patterns form that will give you an idea of its direction. Watch the volume to see if it is increasing or falling. Continuously judge the market cap against other coins to determine if the coin is over or undervalued. For this strategy you can also do a lot more research because this is more of a longer term method (not necessarily long term or buy and hold). Check the company website for updates on their roadmap as this will affect the coin price, sometimes drastically.

        https://instaforex.livejournal.com/1827954.html


        Метки:  

        Basic altcoin trading strategies

        Вторник, 28 Ноября 2017 г. 02:19 + в цитатник

        Investors who prefer to invest in altcoins can take advantage of the advice of experienced market players to reduce risks.


        Most investors get acquainted with the world of cryptocurrency through bitcoin, the leading digital means of payment. However, later they start taking an interest in other coins. In general, investors are attracted by the altcoins. Experts warn against errors when investing in this cryptocurrency, and give advice on how to minimize risks in this situation.

        Invest in an altcoin during the ICO

        According to experts, you should try and get in a presale or buy early in the ICO to get bonus tokens. Right when the coin hits the exchange watch to see if it immediately spikes. If it does, sell when you have made what you feel comfortable making. There is a good chance that the coin will not spike when it hits the exchange. If you had gotten the coin at the presale price then you will still make a profit of 50% – 100% depending on the deal you got. When you are using this strategy, experts suggest buying into a few coins and not putting all your cash into just one.


          Wait for a coin to hit the exchange and buy it when does its initial dip

          Some analysts believe that you will most likely get it cheaper than anyone from the ICO sale. The reason a lot of these coins dip when they hit exchanges is because presale buyers and those that received free coins for helping market the ICO are dumping coins on the market. This may skew the actual market cap of the company.


            It is worth turning to technical analysis

            Let the altcoin hit the exchange and watch it through its initial spike and dip. Analyze the charts and see how it starts to move against chart indicators such as MACD, Signal and basic technical charting. See if any candle chart patterns form that will give you an idea of its direction. Watch the volume to see if it is increasing or falling. Continuously judge the market cap against other coins to determine if the coin is over or undervalued. For this strategy you can also do a lot more research because this is more of a longer term method (not necessarily long term or buy and hold). Check the company website for updates on their roadmap as this will affect the coin price, sometimes drastically.

              https://instaforex.livejournal.com/1827954.html


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              Russia starts to sell oil to Central Asia

              Понедельник, 27 Ноября 2017 г. 07:08 + в цитатник

              Russia has launched oil shipments to Uzbekistan. In 2020, an oil refinery with a capacity of 5 million tonnes will be built in the country. Gazprom is said to be one of the companies taking part in the project.
              Transneft launched pumping oil in the direction of Uzbekistan through Kazakhstan via the Omsk-Pavlodar-Shymkent pipeline and further by rail.
              The volume of 30,000 tonnes per month is expected to be supplied with a possible increase to 2,000 tonnes per day (or 60,000 tonnes per month).
              Uzbekneftegaz said the pumping is seen to be increased to 1 million tonnes in 2018. However, Transneft noted that the technical capacity for pumping in this direction is about 0.5 million tonnes as the rest of the pipeline through Kazakhstan is occupied by Rosneft to deliver oil to China.
              Uzbekistan imports oil to fill up its refineries with a total capacity of 11 million tonnes. The country is interested in buying oil from Russia due to cheaper transporting through the pipeline.

              https://instaforex.livejournal.com/1827655.html


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              Top 10 largest foreign companies in Russia by Forbes

              Понедельник, 27 Ноября 2017 г. 04:42 + в цитатник
              This is the third year the authoritative publication has made the list of the 50 largest foreign companies presented in the Russian market. The list included companies that are more than 50% owned by foreign citizens. The combined revenues of these companies in 2016 amounted to 5.5 trillion rubles (9% more than in 2015). Ten leaders of the rating are in our photo gallery.


              1. Aushan, Atac
              Sector: trading
              Owner: Groupe Auchan, France
              Revenue: 404 billion rubles.* (in Russia in 2016 in billions of rubles, revenues in other currencies were recalculated at average exchange rates for 2016).
              The group of companies, run by the Mulliez family, entered the Russian market in 2002. In 2007, the company bought 12 Ramstore hypermarkets for €180 million from the Turkish Enka, in 2013 - 16 Real hypermarkets from the German Metro Group, which were integrated into the Auchan. Despite the leadership, the company's revenue decreased by 1% compared to 2015.


              2. Metro Cash&Carry и MediaMarkt
              Sector: trading
              Owner: Metro Group, Germany
              Revenue: 310 billion rubles.
              Metro and Media Markt were in the same group until the summer of 2017, when they were divided. The rating was compiled for 2016, therefore the companies are listed as a single business structure. After the division Metro Wholesale & Food Specialist Group deals with small wholesale centers and Ceconomy - with shops of technology and electronics. At the same time, the companies implement joint projects "shop-in-shop". In theory, Media Markt will open in 84 shopping centers of Metro, where you will be able to buy electronics.



              • 3. Toyota Motor
                Sector: mechanical engineering
                Owner: Toyota Motor, Japan
                Revenue: 278 billion rubles.

                In 2007, Toyota Motor opened the first factory for the production of passenger cars in St. Petersburg, releasing only Camry. In June 2015, there were mass cutbacks due to a drop in demand in the Russian automotive market, but in August 2016 the production of the second model, Toyota RAV4, started.

                According to the company's report, the production of cars at the plant in St. Petersburg more than doubled in the eight months of 2017 and reached 44,493 cars.


                4. JTI Russia
                Sector: production and sale of tobacco products
                Owner: Japan Tobacco International, Japan
                Revenue: 276 billion rubles.
                Japan Tobacco International (JTI) was formed when Japan Tobacco bought the R.J. Reynolds business. Among other business units, the Russian tobacco factory Petro also became the part of the company. Then in 2007 the company merged with the Gallaher Group, which included the Moscow tobacco factory Liggett-Duсat. Two years ago it was announced that the company planned to close it due to the fall of the domestic tobacco market on higher prices for cigarettes.

                5. PMSM
                Sector: production and sale of tobacco products
                Owner: Philip Morris International, Switzerland
                Revenue: 269 billion rubles.
                Philip Morris International has three affiliated companies in Russia. Cigarettes of the brands Parliament, Marlboro, Chesterfield, L&M, Optima, Muratt are manufactured at enterprises in Krasnodar and Leningrad region. In September 2017, First Deputy Prime Minister Igor Shuvalov said that the Russian government plans to launch in 2018 a pilot project for the labeling of tobacco products. In the project, as planned, the factory Philip Morris International will also take part.


                6. IKEA House, IKEA Mos, IKEA Torg
                Sector: trading
                Owner: IKEA, Sweden
                Revenue: 198 billion rubles.
                The company was founded by the 17-year-old Ingvar Kamprad in 1943 in Sweden. Today the network consists of 389 stores in 47 countries (70% are in Europe). The first IKEA store in Russia was opened in 2000 in Khimki. IKEA's estimated investment is $2.3 billion up to 2020. IKEA is the second company in the rating, whose revenues in Russia have decreased compared to 2015 (by 1%).


                7. Volkswagen Group Rus
                Sector: mechanical engineering
                Owner: Volkswagen Group, Germany
                Revenue: 191 billion rubles.
                The Volkswagen car factory is located in Kaluga. It produces Volkswagen Polo sedan, Volkswagen Tiguan, and Skoda Rapid. Since 2012, it has been producing three models of cars at a car factory in Nizhny Novgorod by agreement with the GAZ Group. In 2016, the market share of the Volkswagen Group in Russia reached 11%. For the nine months of 2017, compared to the same period last year, sales increased by 17.9% to 62,094 vehicles.


                8. Leroy Merlin East
                Sector: trading
                Owner: Leroy Merlin, France
                Revenue: 188 billion rubles.
                For the first time, the company entered the Russian market in 2004, opening the first store in Mytischi, the Moscow region. Today in Russia there are 60 stores in 25 regions. The company plans to increase the number of hypermarkets to 140. At the same time, Leroy Merlin stores open not only in cities with the population is over a million people, but also in cities with a smaller population.


                • 9. ITMS
                  Sector: production and sale of tobacco products
                  Owner: British American Tobacco, the UK
                  Revenue: 182 billion rubles.

                  Founded in 1902, British American Tobacco is today the world's second-largest tobacco company after Philip Morris International. It owns the brands: Dunhill, Kent, State Express 555, Vogue, Dallas, Rothmans, John Player, Lucky Strike, Viceroy and a number of local brands, as well as a number of brands in Russia, including Java Golden.

                  The volume of revenue in Russia in 2016 increased by 31% compared with 2015. The share of Russian revenue is 14%.


                  10. PepsiCo Russia
                  Sector: food processing
                  Owner: PepsiCo, the USA
                  Revenue: 177 billion rubles.
                  In 1959, Nikita Khrushchev tried the drink at the first American national exhibition in the USSR. In 1974, PepsiCo enters the Russian market. The company operates not only in the segment of carbonated beverages. It also produces juices, energy and non-carbonated drinks, dairy products, chips and snacks. The company manages the brands: Lebedyansky, Wimm-Bill-Dann, Adrenaline Rush, Russkii Dar, Ja, Fruktovyi Sad, J7, Lyubimyi, Lay's, Cheetos, KhrusTeam, Domik v derevne, and Veselyi molochnik.



              https://instaforex.livejournal.com/1827445.html


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              Top 10 largest foreign companies in Russia by Forbes

              Понедельник, 27 Ноября 2017 г. 04:42 + в цитатник
              This is the third year the authoritative publication has made the list of the 50 largest foreign companies presented in the Russian market. The list included companies that are more than 50% owned by foreign citizens. The combined revenues of these companies in 2016 amounted to 5.5 trillion rubles (9% more than in 2015). Ten leaders of the rating are in our photo gallery.


              1. Aushan, Atac
              Sector: trading
              Owner: Groupe Auchan, France
              Revenue: 404 billion rubles.* (in Russia in 2016 in billions of rubles, revenues in other currencies were recalculated at average exchange rates for 2016).
              The group of companies, run by the Mulliez family, entered the Russian market in 2002. In 2007, the company bought 12 Ramstore hypermarkets for €180 million from the Turkish Enka, in 2013 - 16 Real hypermarkets from the German Metro Group, which were integrated into the Auchan. Despite the leadership, the company's revenue decreased by 1% compared to 2015.


              2. Metro Cash&Carry и MediaMarkt
              Sector: trading
              Owner: Metro Group, Germany
              Revenue: 310 billion rubles.
              Metro and Media Markt were in the same group until the summer of 2017, when they were divided. The rating was compiled for 2016, therefore the companies are listed as a single business structure. After the division Metro Wholesale & Food Specialist Group deals with small wholesale centers and Ceconomy - with shops of technology and electronics. At the same time, the companies implement joint projects "shop-in-shop". In theory, Media Markt will open in 84 shopping centers of Metro, where you will be able to buy electronics.



              • 3. Toyota Motor
                Sector: mechanical engineering
                Owner: Toyota Motor, Japan
                Revenue: 278 billion rubles.

                In 2007, Toyota Motor opened the first factory for the production of passenger cars in St. Petersburg, releasing only Camry. In June 2015, there were mass cutbacks due to a drop in demand in the Russian automotive market, but in August 2016 the production of the second model, Toyota RAV4, started.

                According to the company's report, the production of cars at the plant in St. Petersburg more than doubled in the eight months of 2017 and reached 44,493 cars.


                4. JTI Russia
                Sector: production and sale of tobacco products
                Owner: Japan Tobacco International, Japan
                Revenue: 276 billion rubles.
                Japan Tobacco International (JTI) was formed when Japan Tobacco bought the R.J. Reynolds business. Among other business units, the Russian tobacco factory Petro also became the part of the company. Then in 2007 the company merged with the Gallaher Group, which included the Moscow tobacco factory Liggett-Duсat. Two years ago it was announced that the company planned to close it due to the fall of the domestic tobacco market on higher prices for cigarettes.

                5. PMSM
                Sector: production and sale of tobacco products
                Owner: Philip Morris International, Switzerland
                Revenue: 269 billion rubles.
                Philip Morris International has three affiliated companies in Russia. Cigarettes of the brands Parliament, Marlboro, Chesterfield, L&M, Optima, Muratt are manufactured at enterprises in Krasnodar and Leningrad region. In September 2017, First Deputy Prime Minister Igor Shuvalov said that the Russian government plans to launch in 2018 a pilot project for the labeling of tobacco products. In the project, as planned, the factory Philip Morris International will also take part.


                6. IKEA House, IKEA Mos, IKEA Torg
                Sector: trading
                Owner: IKEA, Sweden
                Revenue: 198 billion rubles.
                The company was founded by the 17-year-old Ingvar Kamprad in 1943 in Sweden. Today the network consists of 389 stores in 47 countries (70% are in Europe). The first IKEA store in Russia was opened in 2000 in Khimki. IKEA's estimated investment is $2.3 billion up to 2020. IKEA is the second company in the rating, whose revenues in Russia have decreased compared to 2015 (by 1%).


                7. Volkswagen Group Rus
                Sector: mechanical engineering
                Owner: Volkswagen Group, Germany
                Revenue: 191 billion rubles.
                The Volkswagen car factory is located in Kaluga. It produces Volkswagen Polo sedan, Volkswagen Tiguan, and Skoda Rapid. Since 2012, it has been producing three models of cars at a car factory in Nizhny Novgorod by agreement with the GAZ Group. In 2016, the market share of the Volkswagen Group in Russia reached 11%. For the nine months of 2017, compared to the same period last year, sales increased by 17.9% to 62,094 vehicles.


                8. Leroy Merlin East
                Sector: trading
                Owner: Leroy Merlin, France
                Revenue: 188 billion rubles.
                For the first time, the company entered the Russian market in 2004, opening the first store in Mytischi, the Moscow region. Today in Russia there are 60 stores in 25 regions. The company plans to increase the number of hypermarkets to 140. At the same time, Leroy Merlin stores open not only in cities with the population is over a million people, but also in cities with a smaller population.


                • 9. ITMS
                  Sector: production and sale of tobacco products
                  Owner: British American Tobacco, the UK
                  Revenue: 182 billion rubles.

                  Founded in 1902, British American Tobacco is today the world's second-largest tobacco company after Philip Morris International. It owns the brands: Dunhill, Kent, State Express 555, Vogue, Dallas, Rothmans, John Player, Lucky Strike, Viceroy and a number of local brands, as well as a number of brands in Russia, including Java Golden.

                  The volume of revenue in Russia in 2016 increased by 31% compared with 2015. The share of Russian revenue is 14%.


                  10. PepsiCo Russia
                  Sector: food processing
                  Owner: PepsiCo, the USA
                  Revenue: 177 billion rubles.
                  In 1959, Nikita Khrushchev tried the drink at the first American national exhibition in the USSR. In 1974, PepsiCo enters the Russian market. The company operates not only in the segment of carbonated beverages. It also produces juices, energy and non-carbonated drinks, dairy products, chips and snacks. The company manages the brands: Lebedyansky, Wimm-Bill-Dann, Adrenaline Rush, Russkii Dar, Ja, Fruktovyi Sad, J7, Lyubimyi, Lay's, Cheetos, KhrusTeam, Domik v derevne, and Veselyi molochnik.



              https://instaforex.livejournal.com/1827445.html


              Метки:  

              Top 10 largest foreign companies in Russia by Forbes

              Понедельник, 27 Ноября 2017 г. 04:42 + в цитатник
              This is the third year the authoritative publication has made the list of the 50 largest foreign companies presented in the Russian market. The list included companies that are more than 50% owned by foreign citizens. The combined revenues of these companies in 2016 amounted to 5.5 trillion rubles (9% more than in 2015). Ten leaders of the rating are in our photo gallery.


              1. Aushan, Atac
              Sector: trading
              Owner: Groupe Auchan, France
              Revenue: 404 billion rubles.* (in Russia in 2016 in billions of rubles, revenues in other currencies were recalculated at average exchange rates for 2016).
              The group of companies, run by the Mulliez family, entered the Russian market in 2002. In 2007, the company bought 12 Ramstore hypermarkets for €180 million from the Turkish Enka, in 2013 - 16 Real hypermarkets from the German Metro Group, which were integrated into the Auchan. Despite the leadership, the company's revenue decreased by 1% compared to 2015.


              2. Metro Cash&Carry и MediaMarkt
              Sector: trading
              Owner: Metro Group, Germany
              Revenue: 310 billion rubles.
              Metro and Media Markt were in the same group until the summer of 2017, when they were divided. The rating was compiled for 2016, therefore the companies are listed as a single business structure. After the division Metro Wholesale & Food Specialist Group deals with small wholesale centers and Ceconomy - with shops of technology and electronics. At the same time, the companies implement joint projects "shop-in-shop". In theory, Media Markt will open in 84 shopping centers of Metro, where you will be able to buy electronics.



              • 3. Toyota Motor
                Sector: mechanical engineering
                Owner: Toyota Motor, Japan
                Revenue: 278 billion rubles.

                In 2007, Toyota Motor opened the first factory for the production of passenger cars in St. Petersburg, releasing only Camry. In June 2015, there were mass cutbacks due to a drop in demand in the Russian automotive market, but in August 2016 the production of the second model, Toyota RAV4, started.

                According to the company's report, the production of cars at the plant in St. Petersburg more than doubled in the eight months of 2017 and reached 44,493 cars.


                4. JTI Russia
                Sector: production and sale of tobacco products
                Owner: Japan Tobacco International, Japan
                Revenue: 276 billion rubles.
                Japan Tobacco International (JTI) was formed when Japan Tobacco bought the R.J. Reynolds business. Among other business units, the Russian tobacco factory Petro also became the part of the company. Then in 2007 the company merged with the Gallaher Group, which included the Moscow tobacco factory Liggett-Duсat. Two years ago it was announced that the company planned to close it due to the fall of the domestic tobacco market on higher prices for cigarettes.

                5. PMSM
                Sector: production and sale of tobacco products
                Owner: Philip Morris International, Switzerland
                Revenue: 269 billion rubles.
                Philip Morris International has three affiliated companies in Russia. Cigarettes of the brands Parliament, Marlboro, Chesterfield, L&M, Optima, Muratt are manufactured at enterprises in Krasnodar and Leningrad region. In September 2017, First Deputy Prime Minister Igor Shuvalov said that the Russian government plans to launch in 2018 a pilot project for the labeling of tobacco products. In the project, as planned, the factory Philip Morris International will also take part.


                6. IKEA House, IKEA Mos, IKEA Torg
                Sector: trading
                Owner: IKEA, Sweden
                Revenue: 198 billion rubles.
                The company was founded by the 17-year-old Ingvar Kamprad in 1943 in Sweden. Today the network consists of 389 stores in 47 countries (70% are in Europe). The first IKEA store in Russia was opened in 2000 in Khimki. IKEA's estimated investment is $2.3 billion up to 2020. IKEA is the second company in the rating, whose revenues in Russia have decreased compared to 2015 (by 1%).


                7. Volkswagen Group Rus
                Sector: mechanical engineering
                Owner: Volkswagen Group, Germany
                Revenue: 191 billion rubles.
                The Volkswagen car factory is located in Kaluga. It produces Volkswagen Polo sedan, Volkswagen Tiguan, and Skoda Rapid. Since 2012, it has been producing three models of cars at a car factory in Nizhny Novgorod by agreement with the GAZ Group. In 2016, the market share of the Volkswagen Group in Russia reached 11%. For the nine months of 2017, compared to the same period last year, sales increased by 17.9% to 62,094 vehicles.


                8. Leroy Merlin East
                Sector: trading
                Owner: Leroy Merlin, France
                Revenue: 188 billion rubles.
                For the first time, the company entered the Russian market in 2004, opening the first store in Mytischi, the Moscow region. Today in Russia there are 60 stores in 25 regions. The company plans to increase the number of hypermarkets to 140. At the same time, Leroy Merlin stores open not only in cities with the population is over a million people, but also in cities with a smaller population.


                • 9. ITMS
                  Sector: production and sale of tobacco products
                  Owner: British American Tobacco, the UK
                  Revenue: 182 billion rubles.

                  Founded in 1902, British American Tobacco is today the world's second-largest tobacco company after Philip Morris International. It owns the brands: Dunhill, Kent, State Express 555, Vogue, Dallas, Rothmans, John Player, Lucky Strike, Viceroy and a number of local brands, as well as a number of brands in Russia, including Java Golden.

                  The volume of revenue in Russia in 2016 increased by 31% compared with 2015. The share of Russian revenue is 14%.


                  10. PepsiCo Russia
                  Sector: food processing
                  Owner: PepsiCo, the USA
                  Revenue: 177 billion rubles.
                  In 1959, Nikita Khrushchev tried the drink at the first American national exhibition in the USSR. In 1974, PepsiCo enters the Russian market. The company operates not only in the segment of carbonated beverages. It also produces juices, energy and non-carbonated drinks, dairy products, chips and snacks. The company manages the brands: Lebedyansky, Wimm-Bill-Dann, Adrenaline Rush, Russkii Dar, Ja, Fruktovyi Sad, J7, Lyubimyi, Lay's, Cheetos, KhrusTeam, Domik v derevne, and Veselyi molochnik.



              https://instaforex.livejournal.com/1827445.html


              Метки:  

              Top 10 largest foreign companies in Russia by Forbes

              Понедельник, 27 Ноября 2017 г. 04:42 + в цитатник
              This is the third year the authoritative publication has made the list of the 50 largest foreign companies presented in the Russian market. The list included companies that are more than 50% owned by foreign citizens. The combined revenues of these companies in 2016 amounted to 5.5 trillion rubles (9% more than in 2015). Ten leaders of the rating are in our photo gallery.


              1. Aushan, Atac
              Sector: trading
              Owner: Groupe Auchan, France
              Revenue: 404 billion rubles.* (in Russia in 2016 in billions of rubles, revenues in other currencies were recalculated at average exchange rates for 2016).
              The group of companies, run by the Mulliez family, entered the Russian market in 2002. In 2007, the company bought 12 Ramstore hypermarkets for €180 million from the Turkish Enka, in 2013 - 16 Real hypermarkets from the German Metro Group, which were integrated into the Auchan. Despite the leadership, the company's revenue decreased by 1% compared to 2015.


              2. Metro Cash&Carry и MediaMarkt
              Sector: trading
              Owner: Metro Group, Germany
              Revenue: 310 billion rubles.
              Metro and Media Markt were in the same group until the summer of 2017, when they were divided. The rating was compiled for 2016, therefore the companies are listed as a single business structure. After the division Metro Wholesale & Food Specialist Group deals with small wholesale centers and Ceconomy - with shops of technology and electronics. At the same time, the companies implement joint projects "shop-in-shop". In theory, Media Markt will open in 84 shopping centers of Metro, where you will be able to buy electronics.



              • 3. Toyota Motor
                Sector: mechanical engineering
                Owner: Toyota Motor, Japan
                Revenue: 278 billion rubles.

                In 2007, Toyota Motor opened the first factory for the production of passenger cars in St. Petersburg, releasing only Camry. In June 2015, there were mass cutbacks due to a drop in demand in the Russian automotive market, but in August 2016 the production of the second model, Toyota RAV4, started.

                According to the company's report, the production of cars at the plant in St. Petersburg more than doubled in the eight months of 2017 and reached 44,493 cars.


                4. JTI Russia
                Sector: production and sale of tobacco products
                Owner: Japan Tobacco International, Japan
                Revenue: 276 billion rubles.
                Japan Tobacco International (JTI) was formed when Japan Tobacco bought the R.J. Reynolds business. Among other business units, the Russian tobacco factory Petro also became the part of the company. Then in 2007 the company merged with the Gallaher Group, which included the Moscow tobacco factory Liggett-Duсat. Two years ago it was announced that the company planned to close it due to the fall of the domestic tobacco market on higher prices for cigarettes.

                5. PMSM
                Sector: production and sale of tobacco products
                Owner: Philip Morris International, Switzerland
                Revenue: 269 billion rubles.
                Philip Morris International has three affiliated companies in Russia. Cigarettes of the brands Parliament, Marlboro, Chesterfield, L&M, Optima, Muratt are manufactured at enterprises in Krasnodar and Leningrad region. In September 2017, First Deputy Prime Minister Igor Shuvalov said that the Russian government plans to launch in 2018 a pilot project for the labeling of tobacco products. In the project, as planned, the factory Philip Morris International will also take part.


                6. IKEA House, IKEA Mos, IKEA Torg
                Sector: trading
                Owner: IKEA, Sweden
                Revenue: 198 billion rubles.
                The company was founded by the 17-year-old Ingvar Kamprad in 1943 in Sweden. Today the network consists of 389 stores in 47 countries (70% are in Europe). The first IKEA store in Russia was opened in 2000 in Khimki. IKEA's estimated investment is $2.3 billion up to 2020. IKEA is the second company in the rating, whose revenues in Russia have decreased compared to 2015 (by 1%).


                7. Volkswagen Group Rus
                Sector: mechanical engineering
                Owner: Volkswagen Group, Germany
                Revenue: 191 billion rubles.
                The Volkswagen car factory is located in Kaluga. It produces Volkswagen Polo sedan, Volkswagen Tiguan, and Skoda Rapid. Since 2012, it has been producing three models of cars at a car factory in Nizhny Novgorod by agreement with the GAZ Group. In 2016, the market share of the Volkswagen Group in Russia reached 11%. For the nine months of 2017, compared to the same period last year, sales increased by 17.9% to 62,094 vehicles.


                8. Leroy Merlin East
                Sector: trading
                Owner: Leroy Merlin, France
                Revenue: 188 billion rubles.
                For the first time, the company entered the Russian market in 2004, opening the first store in Mytischi, the Moscow region. Today in Russia there are 60 stores in 25 regions. The company plans to increase the number of hypermarkets to 140. At the same time, Leroy Merlin stores open not only in cities with the population is over a million people, but also in cities with a smaller population.


                • 9. ITMS
                  Sector: production and sale of tobacco products
                  Owner: British American Tobacco, the UK
                  Revenue: 182 billion rubles.

                  Founded in 1902, British American Tobacco is today the world's second-largest tobacco company after Philip Morris International. It owns the brands: Dunhill, Kent, State Express 555, Vogue, Dallas, Rothmans, John Player, Lucky Strike, Viceroy and a number of local brands, as well as a number of brands in Russia, including Java Golden.

                  The volume of revenue in Russia in 2016 increased by 31% compared with 2015. The share of Russian revenue is 14%.


                  10. PepsiCo Russia
                  Sector: food processing
                  Owner: PepsiCo, the USA
                  Revenue: 177 billion rubles.
                  In 1959, Nikita Khrushchev tried the drink at the first American national exhibition in the USSR. In 1974, PepsiCo enters the Russian market. The company operates not only in the segment of carbonated beverages. It also produces juices, energy and non-carbonated drinks, dairy products, chips and snacks. The company manages the brands: Lebedyansky, Wimm-Bill-Dann, Adrenaline Rush, Russkii Dar, Ja, Fruktovyi Sad, J7, Lyubimyi, Lay's, Cheetos, KhrusTeam, Domik v derevne, and Veselyi molochnik.



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              Germany's coalition talks collapse

              Пятница, 24 Ноября 2017 г. 04:34 + в цитатник

              On November 20, Free Democrat party walked out of the negotiations with Angela Merkel's CDU/CSU bloc and the Greens to form a new federal government.
              A major stumbling block was the migration issue. “It is better not to rule than to rule the wrong way,” Christian Lindner, leader of Free Democrats, said.
              The Social Democratic Party (SPD) will also not participate in the formation of the government and will remain in opposition even after the failure of the talks.
              As a result, according to Spiegel, German Chancellor Angela Merkel has faced a government crisis for the first time in 19 years.
              Merkel emphasized that her Christian Democratic Union (CDU) would “take responsibility for this country, even in difficult times”.
              Now Germany has two outcomes: a minority government for the first time in German history, or new elections that have never been announced so quickly, Spiegel reports.

              https://instaforex.livejournal.com/1827241.html


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              The U.S. list: 4 countries financing terrorism

              Пятница, 24 Ноября 2017 г. 03:02 + в цитатник
              Almost 40 years ago, the US State Department compiled a list of states supporting and sponsoring international terrorism. Since the creation of the "terrorist list", its composition has been constantly changing. In our photo gallery, you can see the four states that are in the US list today.

              On December 29, 1979, the United States of America first published a list of states that, in the opinion of the US State Department, support international terrorism. Since then, this list is updated annually. Initially, the list of terrorist countries included Libya, Iraq, South Yemen, and Syria. To date, the list is almost completely changed.


              • North Korea

                North Korea was a designated state sponsor of terrorism from 1988 until 2008 when then-US President George W. Bush removed it from the list in an attempt to facilitate a dialogue on reducing Pyongyang's nuclear capabilities. That attempt proved futile.

                In the latest move in an ongoing diplomatic crisis between the United States and North Korea over the latter's growing nuclear arsenal, North Korea was placed back on the US Department of State's State Sponsors of Terrorism list on November 20.


                • Syria

                  Syria has been on the blacklist since the designation was created in 1979. According to the U.S., Bashar Assad's regime supports a variety of terrorist groups that have a destabilizing effect well beyond the region. In particular, according to the U.S., it provides political and weapons support to Lebanon-based Hezbollah while helping Iran to keep the group armed.

                  The U.S. claim against Syria also includes concerns about weapons of mass destruction — according to the State Department, it has used chemical weapons repeatedly against its own people.


                  • Iran

                    Iran's listing goes back to 1984. A State Department report in July called Iran the world's foremost sponsor of terrorism and said it has supported Shia militias in Iraq and attempted to smuggle weapons to Palestinian terrorist groups in Gaza. The WMD issue, also a factor with North Korea and Syria, has been cited by the State Department regarding Iran because of the proliferation threat posed by its nuclear program.


                    • Sudan

                      This East African nation made the blacklist on August 12, 1993. But along with the terrorism links, and a president who is wanted by the International Criminal Court on genocide charges, the State Department has asserted that Sudan's government flouts the rule of law and lets its security forces commit abuses with impunity.

                      The U.S. government, however, has recently credited Sudan with some improvements. Just before leaving office, Obama issued an executive order that lifted decades-old sanctions on a probationary basis. Trump formalized that last month and is reportedly willing to delist Sudan if improvements continue.





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              Greece plans €1 billion handout for poor

              Четверг, 23 Ноября 2017 г. 03:47 + в цитатник

              An economic crisis can hit any country, but everyone has its own methods to respond to it. In some countries, the government advises citizens to tighten their belts, while in other countries, on the contrary, the government cuts their spending. Greece plans to offer handouts worth 1 billion euros to poor Greeks who suffered during the seven-year debt crisis.
              Prime Minister Alexis Tsipras announced that the country is ready to allocate 1.4 billion euros to pensioners and other vulnerable groups of the population that were seriously affected by the implementation of the austerity program. Greece was experiencing serious financial problems and was forced to introduce significant restrictions to budget funds spending. Tsipras managed to win the elections primarily thanks to promises to wind down the austerity program but did not fulfill his campaign pledges. As a prime minister, he again had to ask help from the EU and the IMF and even reinforced the previously imposed restrictions. However, such strict measures were not in vain.
              Greece achieved its goal: the primary surplus - which excludes debt servicing costs - of 2.2 percent of the gross domestic product, outperforming the 1.75 percent bailout target. The surplus outperformance of 1.4 billion euros will be distributed to social groups that have suffered the biggest pressure during the financial crisis. The Greek Prime Minister stated that for the second year in a row, the government can distribute social dividends among the people who need it most. This year they are more prepared and effective and are able to pay a larger sum.

              https://instaforex.livejournal.com/1826659.html


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              Greece plans €1 billion handout for poor

              Четверг, 23 Ноября 2017 г. 03:47 + в цитатник

              An economic crisis can hit any country, but everyone has its own methods to respond to it. In some countries, the government advises citizens to tighten their belts, while in other countries, on the contrary, the government cuts their spending. Greece plans to offer handouts worth 1 billion euros to poor Greeks who suffered during the seven-year debt crisis.
              Prime Minister Alexis Tsipras announced that the country is ready to allocate 1.4 billion euros to pensioners and other vulnerable groups of the population that were seriously affected by the implementation of the austerity program. Greece was experiencing serious financial problems and was forced to introduce significant restrictions to budget funds spending. Tsipras managed to win the elections primarily thanks to promises to wind down the austerity program but did not fulfill his campaign pledges. As a prime minister, he again had to ask help from the EU and the IMF and even reinforced the previously imposed restrictions. However, such strict measures were not in vain.
              Greece achieved its goal: the primary surplus - which excludes debt servicing costs - of 2.2 percent of the gross domestic product, outperforming the 1.75 percent bailout target. The surplus outperformance of 1.4 billion euros will be distributed to social groups that have suffered the biggest pressure during the financial crisis. The Greek Prime Minister stated that for the second year in a row, the government can distribute social dividends among the people who need it most. This year they are more prepared and effective and are able to pay a larger sum.

              https://instaforex.livejournal.com/1826659.html


              Метки:  

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