The NYSE Group Inc.’s operator announced that this Wednesday the world’s most powerful stock exchange, the New York Stock exchange (simply, the NYSE), and the Eastern giant- Stock exchange of Tokyo (simply, the TSE) are going to establish a ‘the strategic union’ in New York .

John A Thain, the boss of the NYSE, and Taizo Nishimuro, the president of the TSE Inc should workout a lot of details concerning the union at the press conference in New York before trading.

Experts say that the union of these two giants could be a first step to a mutual share holding. However, such step would happen only after the TSE has made the first public offer in 2009.

This project signifies that the NYSE is continuing its international expansion. It will absorb the European stock exchange of the multi-country Evronext approximately for 14 billion dollars and has bought 5 % of shares of the National Stock exchange (NSE) in Mumbai, which is the greatest Indian stock exchange.

Now it is possible to state firmly, that the NYSE is approaching to its plan concerning the international union of stock exchanges. It will strengthen NYSE’s positions not only in the Europe, but also in Asia.

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 project of the construction is already entrusted for preparing to the Swiss engineering company. The tunnel in length about 40 kilometers will pass on the depth of 388 meters from a surface of the sea.  

The engineering decision of the Gibraltar tunnel will remind the well-known tunnel under the passage La Manche, constructed in 1994 and connecting England with the continental Europe. The new construction will be passed from the Moroccan cape Malataba to the Spanish Punto Paloma that is near Cadiz. 

The construction is supposed to be finished by 2025. Considering the fact that the continents are divided already for 5 million years, the term of construction is quite insignificant. 

Iran has offered Russia to create the joint organization on cooperation in gas sphere. This informatiion was announced by the Iran’s President Ayatollah Khamenei at the meeting with the Secretary of Secutiry council of the Russian Federation Igor Ivanov in Teheran.

Ayatollah has noted that Russia and Iran are in the lead on stocks of gas and this should promote creation of the organization similar to the OPEC. He also has expressed a hope for the further development of cooperation with Russia in various spheres of economy and policy.

The opportunity of creation of MANNGO was counted by economic experts of NATO who have informed on imminent danger. The report of experts has been published in November, 2006 and then the theme “gas ОPEC” became very popular. Thus Russia which, if to trust the report, is suspected of organization of the MANNGO, denies preparation of gas cartel. However, in the West doesn’t trust the Kremlin officials and is properly looking for any factors of MANNGO’s formation. Despite of all objections of Russian authorities for disinterest in a gas alliance it is impossible to deny an opportunity of the establishment of the MANNGO. Honestly speaking, Russia would only win from new “gas OPEC”. Even the bilateral union with Iran will allow speaking about gas cartel: in total, two the countries have more than 40 % of all world reserves of gas. This union will allow influencing the world prices for blue fuel that would attract other exporters and involve them in the gas union. The policy of Gazprom that for a long time declares the necessity of formation of the “fair” price for gas also speaks in favor of MANNGO. The experiment on creation of a platform for sale of gas on free prices with use of exchange technologies, which has received the name “5+5″ is being held by Russia for a long time. The gas stock exchange can become the same tool for MANNGO, as oil stock exchanges for OPEC. As the experiment has already shown, the “fair” price for gas will be above, than it is established now.

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 Maria’s report Sudanese Muhammad Hassan, the former worker of the organization, has appropriated and has spent nearby $3 million. According to the investigation, the most part of money has been spent for payoff of 50 members of the organization during the elections of new WMO General Secretary. Due to these means it became possible to support a nominee of Kenya’s Evans Mukolwe candidate who should take away voices from Frenchman Jean Pierre Beysson, so that a candidate Michel Jarraud has appeared the winner of the elections. For that moment Jarraud was the assistant to the chapter of the organization of Godwin Obasi who had a close communications with Hassan. The result of these swindles was the election of Jarraud as the General Secretary of the organization and he is still occupying this post. Now the Swiss authorities are engaged in the investigation of scandal. 

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 later after they sharply were unable to reach the agreement on clearing barriers to trade in the manufactured products and agricultural goods. 

The negotiations emphasize the increasing support of less developed countries from global business leaders, and so, the negotiations in the frames of WTO were a subject of repeated discussions of this Forum. 

While mortgages of the obligation were never under the doubt, to force the countries to open their markets to foreign competitors was a much more difficult task. 

The negotiators pointed out, that the world faces the notable collisions under subsidies and tariffs in agricultural sphere both in the rich countries, and in the poor countries. At the same time the poorer nations claim, that agricultural grants in the rich countries interfere with them to develop their economic systems. Almost continuous are the tariff conflicts between EU with 27 nations and the USA. 

The vice-premier of Russia Alexander Zhukov, who accompanied the President Vladimir Putin during his visit to India, has declared that Russia can construct up to ten new blocks of the atomic power stations in India.
Zhukov has also announced that Russian and Indian diplomats have agreed about the construction of four blocks at “Kudankulam“ nuclear station and now they are to agree the construction of new platforms.
At the same time the vice-premier has not specified, how many new blocks are planned to be constructed. Nevertheless, he has explained that everything would depend on how India would deal with the group of nuclear suppliers. If everything would be normal, Russia could construct up to ten blocks.
The vice-premier has recognized that the USA could become Russia’s competitor in this market. Meanwhile, India has a great program of development of atomic engineering, so everyone will get a large field to deal with.
Today Russian President became the honorable guest of at the Day of Republic in India. For celebrations of this holiday the President of Russia and the President of India have arrived together in one car.

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 have raised last week. Nevertheless, the market has again exceeded above 55 $ for barrel later, provoking a big jump on Tuesday which has been caused by Bush’s plan to raise a national predicament oil stock. 

According to the Energy Information Administration’s data, now the deliveries are above the average level of this season. The Energy Information Administration has also informed that for the last week US crude material stocks have risen from 700 000 barrels to 322.2 million barrels. 

On Wednesday an annual the World economic forum has begun its work in the Swiss resort town Davos.

This year the forum managed to collect a record number of participants comparing to all time of carrying out of forums since 1971.

Almost 2, 4 thousand politicians, businessmen, public figures from 90 countries, including 24 chapters of the states and the governments have arrived to Davos.

800 businessmen will discuss at a forum the problems of economic globalization. The level of representation international business-community is extremely high. From 100 largest companies of the world 73 are presented at the top-level.

Since today’s morning plenary sessions of working groups and bilateral meetings have begun in the Davos Congresses Palace. The participants of a forum have started their work in a good mood that in many respects was promoted by magnificent weather. If yesterday there were fog and a drizzle in Davos, during a night the weather has totally changed in city-resort: now it is snowing and the sun is shining.

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 sum makes 2, 5 % from a world total product. Even if 1 % of these expenditures would be directed on the development, the purposes of the Purposes of Millennium would become much more achievable.
 The UNO general secretary has noted that safety process in the modern world is very controversial.
In his opinion, it is necessary not only to prevent nuclear distribution in the world, but it is also important to reduce the existing military arsenals. The general secretary of the United Nations has defined disarmament and non-distribution as his personal priorities, and the priorities of the whole Organization.

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 hopes for gains.
Shares of the greatest Chinese insurer- China Life insurance- have doubled, as trade has begun in Shanghai on January, 9th. Its appearance in the market provoked the sale of stock, in which investors ordered in 49 times more share, as they could really buy.
The Industrial and Commercial Bank of China, which is the central bank of China, has received 70 percent due to sale its shares in October 2006 in conditions of the unprecedented public offer. The demand for shares from people in China was five times more than that from the institutional investors.
The chief executive of DBS Asset Management, Lau Wing Tat said that The Chinese stock market is sending first ″alarm signals″ of its overheat.
Nevertheless, last Saturday meeting of top economic planners insisted on continuing to liberalize stock exchange markets and did not state any anxiety about the overheating in the Chinese stock exchange market and the overheating of China’s economy.
Nobody denies that Chinese stocks offer much higher profits than any other country’s China’s investment funds and options, but nobody objects off that the situation is changing for worse, becoming threatening and risky.