GM is ready to give Opel and Saab for free

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The American auto giant asks his German «daughter» not for money, but for the agreement on investment. As reports Financial Times, referring to informed sources, GM can give the majority of stake of Opel and British Vauxhall, as well as of the Swedish brand Saab to an investor who will ...

Detroit is dead – Long live Shanghai!

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In the midst of the global financial crisis, all eyes and all hopes of the world's automotive industry are turned to the Shanghai auto show. This is not surprising, given that China is now one of the most promising automobile markets. Companies that suffer losses in their homeland, earn profits ...

Retail sales in the US in May

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The volume of retail sales in the United States grew by 0.5% in May 2009 compared with that of April and amounted to 339.99 billion dollars. Such data was released on Thursday, June 11, by the US Department of Commerce. Analysts had expected that this figure would increase ...

Alliance Oil puts shares at $ 100 million

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Tomorrow we will know the outcome of the issue of Alliance Oil Company shares in the amount of 100 million dollars and placement of convertible bonds of 225 million dollars. Alliance Oil, which is controlled by the family of the President of Group «Alliance» Musa Bazhaeva became the first Russian ...

Russia and the economic crisis

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Russian foreign trade turnover in January-April 2009 decreased by 45.3% compared to that of the same period last year and amounted to $ 124.3 billion, says the message of the Federal Customs Service. Foreign trade turnover with foreign countries amounted to $ 106.3 billion (down 45.1%), and with the CIS ...

The Olympic Games in Sochi in 2014 will be «green»

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It is expected that the winter Olympic Games in Sochi in 2014 will be clean and «green». Its organizers have committed themselves to the proper disposal of waste, economic usage of water and electricity, the observance of cleanliness and careful attitude to the environment in general. The United Nations Environment Program ...

European Stock Markets

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On June 8, the mood of players in the market of European government bonds was changing during the day, which ultimately led to the formation of a mixed price movements for most of the trading session. The mood of investors was formed mainly under the influence of macroeconomic statistics in ...

New life in the “country of smiles”

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Geography offers of real estate in Thailand are closely linked with resort-beach-oriented consumer demand. More than 60% of transactions on sale of housing to foreigners accounts for the tourist capital - Pattaya. Property in Pattaya is chosen as by those buyers who intend to use their housing for a few ...

Spring forecasts in Germany

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According to the press release of Ministry of Economy of Germany the German Federal Government has predicted a reduction of real GDP by an average of 6%, in its spring forecasts for the current year and expects its growth by 0.5% in 2010. 'The economic recession, which is expected in the ...