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Who wants to be a millionaire?Amid the current economic turmoil Europeans seem to have less money in their pockets. However, personal financial health is bothering Europeans in various degrees. 1 Russian government expects oil prices to fall by the end of 2012 The Russian Government has revised the Urals oil price forecast from $100 to $115 per barrel in 2012, pointing out oil prices would decline in the second half of the year. 2 Russian bonds riding a wave of successRussian companies have become attractive borrowers as they placed a record 317 billion roubles ($10.8 billion) in Eurobonds in the first quarter of 2011, exceeding pre-crisis level. 3 Changes to Russian company law to boost investmentA shake up of the legal system being proposed by President Dmitry Medvedev should help business and shareholders. 4 Soaring unemployment adds pressure to eurozoneFears of a recession in the eurozone are mounting as the region’s unemployment has hit a 13-year record. 5

April 2012

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Today: 18:51 2 comments Who wants to be a millionaire? Amid the current economic turmoil Europeans seem to have less money in their pockets. However, personal financial health is bothering Europeans in various degrees.		Today: 13:44 3 comments Russian bonds riding a wave of success Russian companies have become attractive borrowers as they placed a record 317 billion roubles ($10.8 billion) in Eurobonds in the first quarter of 2011, exceeding pre-crisis level.
Today: 13:38 3 comments Changes to Russian company law to boost investment A shake up of the legal system being proposed by President Dmitry Medvedev should help business and shareholders.		Today: 09:59 1 comment Market Buzz: Russian markets ready to rise Russian stocks are likely to open higher on Tuesday trying to win back losses of the previous week.
02.04, 20:33 3 comments Soaring unemployment adds pressure to eurozone Fears of a recession in the eurozone are mounting as the region’s unemployment has hit a 13-year record.		02.04, 17:35 1 comment Global Payments says "only" 1.5 million accounts were exported There’s been some relief for Global Payments, a major US credit card processor, who said only 1.5 million accounts, and not 10 million, were affected in a data breach. However, the consequences may be dire for both the company and victims.
02.04, 16:00 1 comment PMI mixed bag: China up, eurozone upsets The Purchasing Managers Indices around the globe show a mixed picture on global manufacturing activity. With euro zone results significantly down, and a mixed outlook for China and the UK investors are puzzled.		02.04, 15:34 2 comments Norway’s gigantic wealth fund to cut Europe exposure Norway's sovereign wealth fund, which is Europe's biggest equity investor, is set to cut its European exposure, raising investments in emerging markets and Asia-Pacific.
02.04, 13:48 3 comments Russia looks to nuclear power expansion in UK Russia’s state-owned nuclear holding company Rosatom is considering building two atomic power stations in the UK through buying a $24 million stake in Horizon project.		02.04, 10:00 1 comment Market Buzz: On the wave of positive news Russia’s stocks are expected to open higher on Monday amid stronger consumer data from the U.S., the European rescue fund deal and stable oil prices.
30.03, 20:22 6 comments Consumer spending not oil to boost Russian growth Goldman Sachs is predicting a 5% growth in Russian GDP on the back of growing investment and domestic consumption.		30.03, 20:04 1 comment Spain tightens belt despite protests amid growing concern over its fiscal health As Spain struggles to cope with the country’s debt crisis, the government has announced the raising of corporate taxes and cuts in public spending to trim this year’s deficit by more than a third.
30.03, 18:00 1 comment Pensions gap a global problem The retirement age across the world should be raised to 67 years otherwise the world could plunge into a global pension crisis.		30.03, 17:24 6 comments Big boost for eurozone rescue fund Eurozone finance ministers have agreed to increase the bailout funds by more than half, raising its capacity to 800 billion euro from the previous 500 billion euro.
30.03, 15:25 9 comments Britons burned on hot pastry tax Adding 50 pence to the price of a Cornish pasty with the so called ‘pastry tax’ has cost Britain’s bakers millions and caused outrage.		30.03, 13:12 IPO market slumps on EU turmoil The global IPO market seems to be petering out; as it shrank almost 70% year on year in money terms during 1Q 2012 according to accounting firm Ernst& Young.
30.03, 09:35 3 comments Market Buzz: Following down the oil track Russian indices continue sliding down, after they grew over 16% growth during three month long rally. Oil prices remain a key factor influencing the market in the country.		29.03, 21:22 6 comments Pump panic threatens UK double-dip recession The UK's petrol crisis mis-management is in danger of tipping the ocuntry into a double-tip recession.UK Prime Minister David Cameron called on the Unite labor union and employers to hold talks on preventing a strike by fuel-truck drivers as the governmen
29.03, 14:56 11 comments BRICS agree to local currency credits to ease dollar dependency The BRICS - Brazil, Russia, India, China and South Africa - have agreed to provide credit to each other in local currencies. Officials say the deal will facilitate economic growth in times of crisis.		29.03, 13:20 3 comments Fitch: Recession clouds Eurozone’s prospects Fitch has lowered its global economy growth outlook, predicting a slide into recession for the world’s major advanced economies. Emerging economies improved performance is the only bright spot in a gloomy forecast overall.

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