Info-Prod Research (Middle East) back issues from Wednesday, February 25:
TREMONTI BOND, SIGNED THE DECREE
Feb 25, 2009 ... According to ANSA: Giulio Tremonti, the Italian Minister ofEconomy and Finance, has signed the decree that gives the greenlight to the subscription by the Treasury bonds issued by Italianbanks. This was announced by the Ministry of Economy, ...
EU, ITALY HAVE TO PROCEED STEADY ON ACCOUNTS
Feb 25, 2009 ... According to ANSA: Italy needs to implement the budgetarymeasures for 2009 as planned and to consolidate the financesespecially regarding the high debt. This is the recommendation toItaly by the EU Commission after the consideration of the ...
CONSUMPTION WAS WORST ONLY IN 1993
Feb 25, 2009 ... According to ANSA: Consumption in Italy in 2008 showed greatestdecline since 40 years. The data are revealed by Confcommercio, theItalian General Confederation of Trade, which added that in 2008 theoverall consumption has decreased by 0.8% marking ...
RATES, EURIBOR 3 MONTHS DOWN AT 1, 85%
Feb 25, 2009 ... According to ANSA: The Euro Interbank Offered Rate, Euribor,refreshes lows Euribor to three months, the rate that banks apply toeach other for quarterly loans of deposits. Today is dropped ...
RETAIL SALES IN 2008 - 0, 6%
Feb 25, 2009 ... According to ANSA: The retail sales in 2008 marked a 0.6%compared to the average of 2007. This is the worst performance since1997, notes the Italian National Statistical Institute, Istat.Retail sales in December 2008 showed a decline of 1, 9% ...
BANKS, CARDIA, NO TO NATIONALIZATION
Feb 25, 2009 ... According to ANSA: At present the possibility of nationalizationof Italian banks is not "realistic", said the chairman of Consob(The Italian Securities and Exchange Commission) Lamberto Cardia.According to Cardia, in order to support banks the ...
TLC, VODAFONE ANNOUNCES ACTION TO TAR
Feb 25, 2009 ... According to ANSA: Vodafone will recourse to Tar, the RegionalAdministrative Court, against the fine imposed by Agcom (The ItalianCommunications Regulatory Authority) after a control-inspection ofstandards and regulations. 'Vodafone is stated in a note - ...
MEDIOBANCA, NAGEL NO AID
Feb 25, 2009 ... According to ANSA: "We will not ask for help to the State". SaidAlberto Nagel, managing director of Mediobanca. According to Nagel,Tremonti-bonds are "an aid for banks, but I do not think that wewill need them. We feel ...
EXCHANGE RATES, EURO 1, 2849 DOLLARS
Feb 25, 2009 ... According to ANSA: The euro is quoted at $ 1.2849 after theclosure of Wall Street. At the end of ...
EURO STABLE IN OPENING
Feb 25, 2009 ... According to ANSA: Euro is stable respect to the dollar in theearly morning trading on currency markets in Europe. The singlecurrency is traded ...
OIL INCREASES IN NY
Feb 25, 2009 ... According to ANSA: Closure rising in New York market for the oilthat remains below $ 40 fee ...
OIL IN DECLINE
Feb 25, 2009 ... According to ANSA: The oil is declining on the electronic marketafter hours ...
STOCK EXCHANGE, MILAN INCREASES
Feb 25, 2009 ... According to ANSA: Start on the increase for Piazza Affari,Italy's main stock exchange. Mibtel +1.84% to 12,864 points, S & P /Mib +2.08% to 15,436 points, All Stars +1.19% to 7.941 points ....
MOODY'S COMMENTS ON IMPLICATIONS OF THE GLOBAL FINANCIAL CRISIS ON BANK RATINGS
Feb 25, 2009 ... In a new report, Moody's Investors Service provides additionalguidance on the meaning of Moody's bank ratings and how its ratingsmethodology operates in the current environment, which ischaracterized by continued scarcity of private liquidity andcapitalresources and a high degree of ...
MOODY'S DOWNGRADES KAZAKH FINANCIAL INSTITUTIONS
Feb 25, 2009 ... Moody's Investors Service downgraded the deposit and debt ratingsof 15 financial institutions in Kazakhstan. Thedeposit and debtratings of five financial institutions previously onreview fordowngrade were confirmed. The deposit and debt ratings of fourfinancial institutions remain on ...
MOODY'S DOWNGRADES FIONIA BANK'S BFSR TO E; CONFIRMS A3/P-2 RATINGS
Feb 25, 2009 ... Moody's Investors Service has today downgradedthe bank financialstrength rating (BFSR) of Fionia Bank A/S to E from D- and thesubordinated debt rating to C from B1. The long-term debt anddepositratings were confirmed at A3 and short-term deposit rating atPrime-2 reflecting the transfer ...
MOODY'S
Feb 25, 2009 ... Mexican states will face a challenging funding environment in2009, says Moody's Investors Service in a new special comment.Moody's reports that following a prolonged period of strong growthin federal transfers, which constitute the primary revenue sourcefor Mexican states, the rating ...
THE BANK OF ISRAEL REDUCES THE INTEREST RATE FOR MARCH 2009 BY 25 BASIS POINTS TO 0.75 PERCENT
Feb 25, 2009 ... The Bank is narrowing the interest rate corridor in the creditwindow and the commercial banks' deposit window from 0.5 percent to0.25 percent. Background conditions: Inflation data: The ConsumerPrice Index (CPI) declined by 0.5 percent in January, close to theaverage of the forecasters ...
ISRAEL REPORTS ON GAZA AID
Feb 25, 2009 ... In the ongoing humanitarian effort, since the unilateral ceasefire(18/1/2009), 116,400 tons of aid and 10,508,900 liters of fuelfor the Gaza power station have been delivered to the Gaza Strip.Today, Kerem Shalom, Nahal Oz, Karni and Erez crossings operatedenablinghumanitarian movements ...
MOODY'S REPORTS
Feb 25, 2009 ... Moody's Investors Service says the creditoutlook for theAustralian credit union sector is negative, withconsolidationactivity in the industry remaining the most dynamic of all ADIsectors. "The negative outlook applies across the sector, as fundingpressures increase from strong retail ...
LIKUD READY FOR UNITY, BUT NOT 'DICTATES' FROM LEFT
Feb 25, 2009 ... Benjamin Netanyahu and his Likud Party are actively seekingabroad national unity government, including participation by theleft-of-center Kadima and Labor parties. But, briefings early thisweek,Netanyahu and his closest colleagues said they would not permitKadima to set the tone for ...
MOODY'S CHANGES THE OUTLOOK FOR GREECE'S A1 RATING TO STABLE
Feb 25, 2009 ... Moody's Investors Service has today changed the outlook for theGreek government's A1 bond ratings to stable from positive. "Thechange in outlook reflects Moody's opinion that the Greekgovernment's ratings are well positioned at A1 and that an upgradeto the Aa rating range is unlikely in ...
NEW REPORT
Feb 25, 2009 ... In the first research effort of its kind, the World EconomicForum's Logistics & Transport Community, with the support ofAccenture, has quantified and ranked opportunities to reduce supplychain carbon intensity in a report released today. Supply ChainDecarbonization examines the role the ...
MOODY'S DOWNGRADES DEPOSIT RATINGS OF BTA BANK TO B3 FROM B1
Feb 25, 2009 ... Moody's Investors Service has today downgraded the long-termlocal and foreign currency deposit ratings of BTA Bank (Russia) toB3 from B1; the bank's foreign currency senior unsecured debt ratingwas also downgraded to B3 from B1. The outlook on the bank's debtand deposit ratings, as well ...
WORLD ECONOMIC FORUM ANNOUNCES YOUNG GLOBAL LEADERS 2009
Feb 25, 2009 ... The World Economic Forum has announced the Young Global Leaders(YGL) 2009. The honour, bestowed each year by the Forum, recognizesand acknowledges between 200 and 300 outstanding young leaders fromaround the world for their professional accomplishments, commitmentto society and potential ...
SEARCH ON FOR ENVIRONMENTALLY SENSITIVE PROJECTS
Feb 25, 2009 ... The search is on for unique projects and developments thatcontribute not only towards architectural excellence and but remainsensitive to the environment for this year's Middle East Real EstateAwards, the organisers of Cityscape Abu Dhabi have announced. Theawards will be presented at a ...
CURTAIN GOES UP ON $68 MILLION DREAM
Feb 25, 2009 ... The curtain is about to be raised on the Middle East's latest andmost flexible venue, already dubbed a model for a new generation ofcombined entertainment and event venues worldwide. The Palladium,built at a cost exceeding AED220 million (US$68 million), is a dreamrealised for ...
SHARIA IN SWAT, PROBLEM OR SOLUTION? BY IKRAM SEHGAL
Feb 25, 2009 ... Months of intense pressure by the Pakistan Army on MaulanaFazlullah resulted in considerable collateral damage to hisorganization but also dislocation of thousands of local populationand loss of precious lives of both civilians and Pakistani soldiers.A peace agreement devised by Sufi ...
MINISTER OF IRRIGATION
Feb 25, 2009 ... Minister of Irrigation and Water Resources Mahmoud Abu Zeid saidon Sunday 22/02/2009 that the Israeli nuclear activities in theNegev desert have no effect on Egypt's underground water in Sinai.Speaking at a press conference at a celebration marking the RiverNile Day, Abu Zeid said the ...
ROYAL SOCIETY OF MEDICINE GRANTS HONORARY MEMBERSHIP TO MRS. MUBARAK
Feb 25, 2009 ... Health Minister Hatem el-Gabali saidat a press conference thatthe British Royal Society of Medicine board has granted honorarymembership to Mrs. Suzanne Mubarak. Mrs. Suzanne Mubarak is thefirst international figure to be granted the Society's membership,thanks to the package of ...
POLICIES ADOPTED BY GOVERNMENT INCREASE GROWTH RATES
Feb 25, 2009 ... Minister of Finance and Chairman of the International MonetaryFund's Policies' Committee, Dr. Youssof Boutros Ghali, said thatthrough a reading of the consumption rates of the Egyptian market,we find that we are capable of surpassing the global financialcrunch by virtue of the policies ...
RASHEED DISCUSSES WAYS OF BOOSTING BILATERAL ECONOMIC TIES IN BEIJING
Feb 25, 2009 ... Trade and Industry Minister Rasheed Mohamed Rasheed starts onTuesday 24/02/2009 important talks in Beijing with senior officialsin the Chinese government on ways of deepening bilateral economicrelations in the coming period. In statements on Monday 23/02/2009 ,Rasheed said his talks with ...
EGYPTIAN, ITALIAN TALKS TO BOOST BILATERAL PARLIAMENTAL TIES
Feb 25, 2009 ... Prime Minister Dr Ahmed Nazif discussed on Monday 23/02/2009 withvisiting Italian Parliament Speaker Gianfranco Fini cooperation andEgypt's efforts for Palestinian reconciliation. Meantime, Speaker ofthe People's Assembly Ahmed Fathi Sorour held a meeting on Monday 23/02/2009 with his ...
PRIME MINISTER NAZIF MEETS ARMENIAN FOREIGN MINISTER
Feb 25, 2009 ... Prime Minister, Ahmed Nazif met on Monday 23/02/2009 withArmenian Foreign Minister Eduard Nalbandian. Cabinet Spokesman MagdiRadi said the meeting took up means to boost bilateral ties, theglobal financial crunch and means of ...
70 COUNTRIES TO PARTICIPATE IN GAZA RECONSTRUCTION CONFERENCE
Feb 25, 2009 ... Foreign Ministry Spokesman Ambassador Hossam Zaki said on Monday23/02/2009 Egypt has already received confirmations from 70countries that they would attend the international conference on thereconstruction of Gaza which will be hosted in its Red Sea resort ofSharm El-Sheikh on March ...
MUBARAK FOLLOWS UP SEARCH FOR BLAST CULPRITS
Feb 25, 2009 ... President Mubarak sent on Monday 23/02/2009 a cable ofcondolences to French President Nicolas Sarkozy in which he offeredcondolences and sympathies for the killing of a French female in theterrorist incident which targeted Al-Hussein district Sunday 22/02/2009 . In his cable, President ...
SHENZHEN PROACTIVELY SUPPORTS ENTERPRISES TO EXPAND INTERNATIONAL MARKETS
Feb 25, 2009 ... According to FDI: Recently, Shenzhen successively release manymeasures to encourage enterprises to expand overseas markets.Firstly, to utilize fiscal capital to encourage enterprises toexpand such emerging markets as Southeast Asia, South America,Middle East, Africa, Russia and India; ...
HENAN PROVINCE ACTIVELY PREPARES FOR EXPO CENTRAL CHINA 2009
Feb 25, 2009 ... According to FDI: Expo Central China 2009 will be held duringApril 26-28 in Hefei Anhui Province, during which time, HenanProvince will, besides participation in nearly 20 major or specialactivities, also arrange an exhibition area of provincial situationcovering an area of 500 sqm to ...
XINJIANG'S LARGEST WHOLLY FOREIGN-INVESTED ENTERPRISE "EXPANDS AGAINST THE TREND"
Feb 25, 2009 ... According to FDI: Xinjiang's largest wholly foreign-investedenterprise, Esquel China Holding Co., Ltd, recently signed with thePeople's Government of Changji Hui Autonomous Prefecture Xinjiang toacquire and reorganize Xinjiang Changmian Co., Ltd. Up to now,Esquel Group has formed three ...
GAZPROM TO CHINESE NATIONAL GAS SALES MARKET
Feb 25, 2009 ... According to FDI: Stanislav Keikakow, Department Chief of ForeignEconomic Department stated while having an interview with themagazine of Gazprom on ...
DOMESTIC ECONOMY STIMULUS PLAN BROUGHT BUSINESS OPPORTUNITIES
Feb 25, 2009 ... According to FDI: A research report to be released by Hong KongTrade Development Council pointed out that the RMB4t of economystimulus plan put forward early by the Central Government may bringHong Kong service industry business opportunities, for Hong Kongservice industry has unique ...
THE LATEST SURVEY INDICATED
Feb 25, 2009 ... According to FDI: The Research Report of Chinese ManufacturingIndustry on Competitiveness of 2008-2009 jointly released by theAmerican Chamber of Commerce in Shanghai and Booz & Companyindicated that in the current economic crisis, multinationalcompanies still plan to expand the ...
JOB CREATION TOPS BUDGET'S PRIORITY LIST
Feb 25, 2009 ... According to news.gov.hk: Creating jobs and preserving employmentis at the core of Financial Secretary John Tsang's Budget, announcedtoday. "In response to the economic recession and risingunemployment, I have given priority to measures that are effectivein creating jobs and supporting ...
$39B IN CAPITAL WORKS PLANNED
Feb 25, 2009 ... According to news.gov.hk: Capital works spending for 2009-10 willbe as high as $39.3 billion, Financial Secretary John Tsang says,adding infrastructural development will boost economic growth. Inhis 2009-10 Budget today Mr Tsang said the Development Bureau willform a development ...
GOV'T SPENDING TO BUOY ECONOMY
Feb 25, 2009 ... According to news.gov.hk: While the numbers paint a gloomypicture of Hong Kong's economy, Financial Secretary John Tsang saysthe Government should show its commitment to the community duringexceptional times and maintain spending at a high level. As a resultof the financial crisis and a ...
BUDGET'PRAGMATIC, FORWARD-LOOKING'
Feb 25, 2009 ... According to news.gov.hk: Chief Executive Donald Tsang todaypraised the 2009-10 Budget for being pragmatic and forward-lookingin responding to the financial crisis as well as laying thefoundations for long-term growth. He said the global, national andlocal environments have changed ...
BUDGET AIMS TO CREATE JOBS, TACKLE CRISIS
Feb 25, 2009 ... According to news.gov.hk: Financial Secretary John Tsang todayannounced in his annual Budget a multi-pronged strategy to combatthe fallout of the global financial crisis. It aims to tackleimmediate and longer term challenges by creating jobs, improving theenvironment, fostering economic ...
BUDGETWILL RESTORE CONFIDENCE
Feb 25, 2009 ... According to news.gov.hk: Financial Secretary John Tsang says hissecond fiscal blueprint can restore people's confidencein overcomingchallenges arising from the global financial turmoil. Hetoldreporters this afternoon the measures proposed in the budgetwill create job opportunitiesand ...
PRESIDENT SAYS BUDGET SIGNIFIES NEW WAY FORWARD FOR DEFENSE
Feb 25, 2009 ... According to DOD: Americans are not quitters, and the country canovercome the difficulties facing it, President Barack Obama saidtonightin his first speech before a joint session of Congress. In aspeech mainly dedicated to the economic crisis facing the world, thepresident also honored ...
SERVICEMEMBERS MORE REALISTIC ABOUT RETIREMENT THAN CIVILIANS, SURVEY SHOWS
Feb 25, 2009 ... According to DOD: Servicemembers are more practical about theirretirement needs than their civilian counterparts, according to asurvey conducted by the Financial Industry Regulatory Authority, orFINRA, Investor Education Foundation, in cooperation with theEmployee Benefit Research ...
MARDI GRAS SPIRIT SENT TO LOUISIANA GUARDSMEN IN IRAQ
Feb 25, 2009 ... According to DOD: Louisiana National Guard members serving inIraq had some traditional Fat Tuesday fun today when a support groupfrom their home state sent the Mardi Gras revelry to them. "Okay,Louisianans and Mardi Gras enthusiasts everywhere, time to spreadthe love!" exclaimed Greta M ....
COMBAT VET GIVES VOICE TO MILITARY MUSICIANS
Feb 25, 2009 ... According to DOD: Music is considered by many to be a universallanguage, and for some military veterans, it is the only languagethat allows them to describe their experiences in combat and theirstruggles afterward. Military musicians normally would struggle tohave their voices heard in ...
SERVICES SEE CHALLENGES, OPPORTUNITIES IN MILITARY LAND USE
Feb 25, 2009 ... According to DOD: Acquiring land for U.S. military training isfraught with human and fiscal obstacles. Lack of available space,thorny negotiations with private landowners and budget grapplingamong the services are just a few of the problems. Likewise,divesting itself of land the military ...
U.S. FORCES HELP AFGHANS COMBAT WINTER WEATHER
Feb 25, 2009 ... According to DOD: U.S. forces are helping Afghans tough outsevere winter weather. In recent efforts, U.S. forces aided Afghansin a snowstorm-struck province, provided kits to weather futurestorms and donated supplies to residents in need. Members of thePanjshir Provincial Reconstruction ...
ON THE GROUND
Feb 25, 2009 ... According to DOD: Thousands of Iraqis are benefiting from U.S.humanitarian efforts, with a donation of 2,000 wheelchairs innorthern Iraq and the gift of school supplies in eastern Baghdad. InBabil province, representatives from the Babil ProvincialReconstruction Team, community groups ...
CAMPAIGN COINCIDES WITH 'TAKING CHANCE' FILM PREMIERE
Feb 25, 2009 ... According to DOD: Coinciding with the HBO Film premiere of"Taking Chance," based on a Marine's tribute to a fallen comrade,more than 100 servicemembers joined the Run4Chance team at the 28thAnnual Los Alamitos 5K "Race on the Base" in California to honor thefallen hero. "Taking Chance," ...
NEW PRESIDENTIAL HELICOPTER FACES SCRUTINY
Feb 25, 2009 ... According to DOD: The VH-71 helicopter being developed as thenext-generation presidential helicopter could get the ax before itever takes flight. President Barack Obama announced yesterday thathe has directed Defense Secretary Robert M. Gates to conduct "athorough review" of the program, ...
OBAMA NOMINATES DEFENSE ACQUISITION UNDERSECRETARY
Feb 25, 2009 ... According to DOD: President Barack Obama announced yesterday thathe will nominate Ashton Carter to be the next undersecretary ofdefense for acquisition, technology and logistics. Carter is thechairman of the International and Global Affairs faculty at HarvardUniversity's John F. Kennedy ...
AFGHAN, COALITION FORCES KILL 16 MILITANTS
Feb 25, 2009 ... According to DOD: Soldiers from the Afghan National Army, aidedby coalition forces, killed 16 militants in Afghanistan's Helmandprovince yesterday, military officials reported. The combined forceswere conducting a routine patrol when their convoy came under heavysmall-arms fire. The ...
MARINE JOURNALIST PROVES SELF IN CHANGING ENVIRONMENT
Feb 25, 2009 ... According to DOD: It's not unusual for servicemembers to findthemselves in new jobs during deployments. But what sets each oneapart is how they handle those transitions. Those who work withMarine Corps Cpl. Kimberly Crawford say she is an example of how tomake the most of changing ...
MORE TROOPS, FAMILIES LIKELY TO QUALIFY FOR NEW GI BILL BENEFITS
Feb 25, 2009 ... According to DOD: Troops nearing retirement eligibility may beable to tap into the transferability benefits provided in the newPost-9/11 GI Bill, even if they're unable to serve four more yearsof duty due to service policies, a senior defense official said. ThePost-9/11 Veterans ...
KUWAIT LOGISTICS CENTER IMPROVES SUPPLY TO AFGHANISTAN
Feb 25, 2009 ... February 25, 2009According to DOD: As 17,000 soldiers and Marinesordered to Afghanistan by President Barack Obama prepare to deploythis spring and summer, logisticians already are orchestrating theshipment of critical supplies such as food and lumber. The DefenseLogistics Agency here ...
PROPPER INTERNATIONAL AWARDED CONTRACT FOR AIR FORCE PARKAS
Feb 25, 2009 ... According to DOD: Propper International, Inc., Mayaquez, PuertoRico is being awarded a maximum $28,600,250 firm fixed pricecontract for Air Force parkas and trousers.Other location ofperformance is in Puerto Rico.Using service is Air Force.Theproposal was originally Web solicited with ...
CATERPILLAR AWARDED CONTRACT FOR MOTOR GRADERS
Feb 25, 2009 ... February 25, 2009According to DOD: Caterpillar Inc., Mossville,Ind., is being awarded a maximum $15,288,972 firm fixed price, longterm contract for motor graders.Other location of performance is inIllinois.Using service is Navy. There were originally 4 ...
RAYTHEON AWARDED CONTRACT FOR PATRIOT PURE FLEET 12
Feb 25, 2009 ... According to DOD: Raytheon Co., Andover, Mass., was awarded onFeb. 23, 2009, a $9,244,000 firm fixed price contract for PATRIOTPure Fleet 12 Lot Add on Items.Work is to be performed at Andover,Mass., with an estimated completion date of Feb. 28, 2010.One ...