Archive for 'General'

New Hershey’s policy will lead to cutting of 1 500 workplaces

15 February 2007

Hershey, the greatest chocolate manufacturer of the USA, is going to reduce 1 500 workplaces in its supply department within the following three years as a part of the re-structuring plan. The plan foresees manufacturing of some of Hershey’s simplest products, and construction of a new factory in Monterrey (Mexico). The company will squander $575m […]

Cyprus is ready to enter Eurozone by the end of 2008

14 February 2007

The European commission has confirmed today, that Cyprus has submitted the official application for joining to a European Currency Zone. Amelia Torres, the Eurocommission mass-media representative has declared that Cyprus has really forwarded the inquiry about readiness of the country to join Eurozone.
The Eurocommission and the European Central Bank are expected to inform on their […]

Venezuela has begun the scale nationalization

9 February 2007

Scale nationalization in Venezuela is continue to grow: on Thursday Ugo Chavez government has agreed about the repayment of 82 percent share holding of the largest private power company of country Electricidad de Caracas, belonging the American company AES Corp.
Having estimated the campaign in 900 million US dollars, the Minister of Power of Venezuela has […]

Aluminium alliance

1 February 2007

The Eurocommission has approved the purchase of OAO “Sual” and aluminous actives Glencore by the group EN +, which is representing interests of the shareholder of OAO “Russian Aluminium “.
Thus, the Eurocommission has approved the transaction on merge “Rusal“, “Sual” and Glencore.
 In opinion of the “Rusal” general director Alexander Bulygin, the approval by Eurocommission […]

Europe and Africa will be connected with a tunnel

30 January 2007

The Europe and Africa become more and more approached to each other. The case is not only in global warming of the climate. Soon it will be possible to travel by train from Spain to Morocco. The governments of two countries are seriously thinking about the construction of a tunnel near the strait of Gibraltar. […]

The ex-employee of the United Nations is accused in plunders and frauds against the UNO

28 January 2007

The new facts of corruption in branches of the United Nations Organization have emerged. The Associated Press Agency had information on plunders of means with the purpose of the subsequent payoff. 
Source of the information was Maria Veiga’s report, the independent auditor employed by the World meteorological organization of the United Nations (WMO) in 2003. 
According to […]

The top WTO powers can’t find the way out

27 January 2007

The world’s major commercial powers incorporated their first attempt of restoration of global trading negotiations. Unfortunately, the chance of the real promotion reached in Switzerland seems improbable. 
The representatives of the European Union, India, the United States, Brazil and approximately two dozens other states are holding their multinational meeting at the World Economic Forum, six months […]

Cold weather has provoked a rise in prices for oil

25 January 2007

Yesterday the prices for oil have risen after еру dealers have started up hearings that oil stocks focused on cold weather decrease and volumes of OPEC production are also reducing. 
The raw material originally cost more than 1 $ barrel after the American government has informed, that stocks of raw material, gasoline, and products of distillery […]

Arms races are growing all over the world

23 January 2007

The world charges on arms have recently exceeded 1, 2 billion dollars.  This information was declared by the general secretary of the United Nations Organization in his message to the participants of the Disarmament Conference.
 It is emphasized in the letter of the secretary general of the United Nations that the improbable on the size […]

China stocks are overheating

22 January 2007

The Chinese stock exchange has appeared the most expensive in Asian region. Citigroup, HSBC and UBS experts are worried with this state and ask investors to avoid it for some period of time.
Shares traded on Chinese stock are almost twice higher comparing to summer 2006. Among the specialists this tendency sets more worries than optimistic […]

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