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Agro Invest.UAIndex – Business-consulting, analytical research and forecasts, financial analysis. UkrAgroConsult.
S&P keeps Romania’s BB+ rating on stable outlook
Ratings firm Standards & Poor’s affirmed last Friday its BB+/B long-and short-term foreign and local currency sovereign credit ratings on Romania, as the macroeconomic figures are starting to improve, although low prosperity and the exposure to foreign parent banks may threat the economy.
Surplus of Belarus’ foreign payments at $139.9m in January-April
In January-April 2012 the surplus of foreign payments for exported and imported commodities and services, revenues and transfers of non-financial corporations and households of Belarus amounted to dollarsignr139.9 million taking into account the oil export duties that have been transferred to Russia’s state budget, representatives of the National Bank of the Republic of Belarus told BelTA.
Ukraine could harvest 47.2 million tonnes of grain this year
Ukraine's 2012 grain harvest could weigh in at 47.2 million tonnes, deputy chief of the country's Agrarian Policy and Food Ministry's department for economic development and the agrarian market Serhiy Petrenko said.
Latvia takes lead in GDP growth among EU countries in 1Q 2012
Latvia’s annual growth in gross domestic product was 5.5 percent in the first quarter of 2012. The second highest increase belongs to Lithuania with 4.3 percent followed by Estonia in the third place with 4 percent.
Oil prices rise on Iran tensions, weaker dollar
Oil prices rose on Monday as major crude producer Iran and Western powers failed to reach agreement over Tehran's nuclear programme and as the dollar weakened against the euro, analysts said.
Japan and China to start direct currency trading
Tokyo said Tuesday it will start direct currency trading with China for the first time, scrapping the dollar as an intermediary unit for the first time to push business between the two Asian economic giants.
Spain moves closer to bailout as borrowing costs hit new records
Spain seemed to be moving closer to an official bailout yesterday as the country's borrowing costs soared and doubts over the ability of the Madrid government to prop up its ravaged banking sector multiplied.
Traders propose not to spread "single window" rule to grain
Grain traders are preparing the draft law aimed at abolishment of a "single window" system for grain supply. A practice introduced since January 1 led to lack of loading of 2 million tons of grain this season.
Ukraine should not count on IMF money this year - expert
Ukraine will have to come to an agreement with the International Monetary Fund about a new program for allocation of credits following the parliamentary elections.
Trade turnover between Kazakhstan and Russia totals $23.9 billion in 2011
Trade turnover between Kazakhstan and Russia on the basis of 2011 totaled dollarsignr23.9 billion, the Kazakh presidential press service reported.
Marubeni buys Gavilon to join grain trading giants
Marubeni won the auction for US-based Gavilon, in a dollarsignr5.6bn deal which make the Japanese trading house one of the world's largest grain dealer, besides the top importer of fertilizer into America.
Kazakhstan has opportunity to become hub for trade and financing in Eurasia
Kazakhstan has an opportunity to become a hub for trade and, definitely for financing in Eurasia, Jacob Frenkel, the Chairman of "JPMorgan Chase International" said in an exclusive interview for PM.kz site.
Moody's: Structural attributes cushion Sub-Saharan Africa's banking sector
Moody's Investors Service on Monday said Sub-Saharan Africa's banking sectors face downside risks from the ongoing euro area debt crisis. Nonetheless, various structural attributes effectively cushion most economies in the region from the impact of deleveraging.
Marubeni Climbs on Speculation It’s Agreed to Buy Gavilon
Marubeni Corp. (8002), Japan’s biggest agricultural trading company, rose for the first time in five days in Tokyo after the Nikkei newspaper reported it had won agreement to buy U.S. grain trader Gavilon Group LLC.
Surplus of Belarus’ foreign payments at $139.9m in January-April
In January-April 2012 the surplus of foreign payments for exported and imported commodities and services, revenues and transfers of non-financial corporations and households of Belarus amounted to dollarsignr139.9 million taking into account the oil export duties that have been transferred to Russia’s state budget, representatives of the National Bank of the Republic of Belarus told BelTA.
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