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Everything posted by rollover

  1. Bulgaria PM says work on South Stream gas pipeline not stopped Bulgaria hasn't stopped preliminary work on the Russian-led South Stream gas pipeline project, its prime minister said on Monday, but Sofia was "closely monitoring" relations between Brussels and Moscow over the turmoil in Ukraine. The comments at a press conference came after Bulgaria's foreign minister over the weekend said work on the pipeline should probably be suspended for a few days or weeks in view of the political upheaval in nearby Ukraine.
  2. Who has economic interests in Ukraine? It’s not just Russia Ukraine has its own gas fields, many of which are located in the east, near Russia. the country’s proven gas reserves amount to 39 trillion cubic feet. Foreign companies such as Chevron, which has a $400-million agreement for shale gas exploration in Ukraine, is “closely monitoring” what’s happening. Exxon Mobil and Royal Dutch Shell also have deals exploration deals for the Oleska shale deposit, but both companies have declined to comment on the situation, according to Bloomberg. Ukraine, according to the Financial Times, has some of the planet’s “richest farmland” Ukraine is often referred to as the “bread basket of Europe” thanks to its fertile black soil. Agriculture is one of Ukraine’s key industries, accounting for almost 10 per cent of its gross domestic product. It’s the world’s 9th-largest producer of wheat and 5th-largest corn producer. Rye, oat, beet, sunflower and barley crops are among other major exports.
  3. It's like before the Great Depression of the 1930's.
  4. Russia says restarts nuclear fuel transit to Europe via Ukraine Rosatom, Russia's state energy corporation, said on Saturday it would resume nuclear fuel shipments to Europe via Ukraine after Kiev lifted a ban imposed during anti-government protests earlier this year on transporting the hazardous material. "Rosatom is committed to the secure supply and removal of nuclear fuel to and from our customers across Europe. If there are any further issues with rail transport by Ukraine, we will ensure that deliveries are made on time by air."
  5. What is the difference between the top of housing cycle and the top of the equity cycle?
  6. London estate agents see bright side to Crimea unrest with surge in enquiries from Russians and Ukranians Estate agents and developers specialising in the top end of the London property market say they have seen a surge in enquiries from Russians and Ukranians. Edo Mapelli Mozzi of search agency Banda Property said: “We have certainly seen an increase in interest from Ukrainian and Russian clients as a result of the geopolitical situation, but also because of the pressure on the Russian markets and the rouble. It makes them look for a safe haven London.
  7. European Union energy commissioner says it will help Ukraine to pay gas bill to Russia.
  8. It looks like they have the numbers, just need a bit more time to get them ready.
  9. Russian army holds exercises on Polish and Lithuanian borders
  10. Western leaders scramble to respond to Russian incursion "The Ukraine incursion is a show of weakness," a senior administration official said. "They have lost the government they backed in Kiev, now they're resorting to the type of intervention that will severely distance them from the international community." Ukraine is not a NATO member, which means the United States and Europe are not obligated to come to its defense. So far, however, Ukraine's new government and the West have been powerless to counter Russia's tactics. Armed men in uniforms without insignia have moved freely about Crimea for days, occupying airports, smashing equipment at an air base and besieging a Ukrainian infantry base. His confidence is matched by the knowledge that Ukraine's 46 million people have divided loyalties. While much of western Ukraine wants closer ties with the 28-nation European Union, its eastern and southern regions like Crimea look to Russia for support.
  11. Putin calls the West's bluff on Ukraine and Cameron is silent
  12. Last time they train their reservists was about 25 years ago, most of them might be now retired.
  13. In Ukraine, the thermal clothing must be selling like hot potatoes right now.
  14. Russia is coming, Russia is coming - what we are gonna do now. Panic all over Ukraine
  15. Last year, the UK Independence Party predicted that 5% of the population of Romania and Bulgarians will pour into the UK. The invasion did not happened. A recent survey has found no change in the numbers coming from either country. In fact, Romanians and Bulgarian migrants tend to prefer other EU countries to Britain; with 96 per cent of Romanian migrants choosing destinations other than the UK.
  16. It's not the profit one would expect. Plus all the unexpected costs and expenses before the interest rates will rise.
  17. Lawmakers in Cyprus rejected a sell-off plan, putting the island's bailout programme at risk. Approval of the measure is contingent on Cyprus getting its next tranche of aid in March. The 'No' vote raises the risk the island will be plunged back into fiscal turmoil just a year after the 10 billion euro lifeline from the European Union and IMF pulled it back from the brink of default. Thursday's vote was reminiscent of a chaotic bailout a year ago. Plans to establish a framework for the sale of ports, telecoms and electricity utilities have met stiff opposition from labour unions, with hundreds protesting outside parliament on Thursday evening.
  18. Number of victims is likely to be in the "multi-thousands" and is suspected of being responsible for millions of pounds of investment fraud. Those who are targeted are usually vulnerable or have a history of share investment, particularly in privatised utilities in the 1980s and 90s. Most of them are aged 40 and over, with many in their 70s and 80s. Police say some killed themselves because of the financial problems they got into. Fraudsters cold-call their victims, applying "high-pressure sales techniques" and "confidence tricks" to persuade them to part with their money. They are offered returns of 10 to 20% per year, directed to authentic-looking websites and glossy brochures and asked to invest in bonds in well-known firms or in other companies that are officially registered. Initially, they may receive "dividends" to give them confidence their investment is paying off but never receive any more or get their money back. One of the victims, a woman in her late 70s, invested £23,000 in carbon credits. She was then persuaded by another salesman to borrow money to buy £140,000 of shares in gold. She never recovered the money. "I foolishly trusted him," she told BBC News, adding: "My generation is not very streetwise - because we never had to be." Another victim, a 72-year-old man from the Midlands, said he and his wife had been "scammed out of our entire life savings". Officers say the fraudsters spend their proceeds on Rolex watches, Armani suits, fast cars and flashy apartments.
  19. Russia brands new leaders 'mutineers and Mr Medvedev said those now in power had conducted an "armed mutiny". BBC
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