Russia 02 (Aug 10 - Sep 15)

Re: Russia 02 (Aug 10 - Dec 10)

Postby kennynah » Tue Sep 28, 2010 5:59 pm

Russian Central Bank Maintains Key Rates 9/28/2010 4:50 AM ET
(RTTNews) - Russia's central bank left its key policy rates unchanged for a fourth month in a row on Tuesday saying that inflation risks are at an acceptable level and indicated that its policy stance is unlikely to change in coming months.

The Board of Directors of the Bank of Russia decided to keep the refinancing rate at a record-low 7.75%. The central bank had lowered the key rate fourteen times since April 2009.

In a statement, the central bank said it still believes that inflationary risks stemming from monetary conditions are at "an acceptable level". The bank further said it will continue to monitor the impact of various factors on inflation.

Russia's annual inflation as on September 20 was 6.7%,
which was 0.6 percentage points higher than the previous month. The central bank noted that higher inflationary expectations linked to concerns over adverse weather conditions continued to exert pressure on prices of certain food groups in September.

However, several indicators of industrial activity and investment improved from the previous month in August though the signs of economic growth instability lingers, the bank noted. Employment indicators were stable and real incomes continued to grow. These creates conditions for further recovery in domestic demand, the bank said.

Citing these trends, the central bank said the current parameters of monetary policy are expected to ensure "an acceptable balance" between the main macroeconomics risks in coming months.

However, the increasing uncertainty in the global economy creates additional risks for the stability of the Russian economy, the bank noted. This makes it necessary to preserve the monetary policy stance to support domestic growth factors, it added.
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F1

Postby LenaHuat » Mon Oct 18, 2010 1:48 pm

LenaHuat on 27 Sep 2010 wrote:Both the Russian deputy PM and the Chief of Staff were here for talks and F1. The Russians are keen to take over the F1 nite racing from us from 2012.

(On a side note, gosh, Mariah Carey is so-ooooooo fat now. The PMs of NZ and Mauritius and Colonel Kaddafi's son (Libya) were here for the F1 too. Maybe NK's youngest Kim was here on the sly and that's why their national congress had to be postponed :lol: :lol: ).


This Russian deputy PM is going to be the new mayor of Moscow. Last nite, I watched the 2300 Russian Today news and was astounded to find that he was introduced on TV with 2 clips - one shown shaking hands with PM LHL and the other meeting with Minister of Health, Khaw :D
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Re: F1

Postby LenaHuat » Fri Oct 22, 2010 3:41 pm

The new mayor of Moscow in Singapore juz last month:-
http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_583957.html
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F1

Postby iam802 » Fri Oct 22, 2010 3:51 pm

Don't 'play play' with him.

He will crush you like a cockroach :)
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: F1

Postby kennynah » Fri Oct 22, 2010 3:51 pm

who?
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Re: F1

Postby iam802 » Fri Oct 22, 2010 3:53 pm

new mayor of Moscow
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: F1

Postby LenaHuat » Fri Oct 22, 2010 3:56 pm

LenaHuat wrote:The new mayor of Moscow in Singapore juz last month:-
http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_583957.html


Ya, this guy is Putin's confidant and born and raised in Siberia :!:
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Re: Russia 02 (Aug 10 - Dec 10)

Postby Chinaman » Sat Oct 30, 2010 12:39 pm

Of late, I noticed that quite a fair lot of Rich Russian are entering into our local market..normally they are low profile investors.
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Russia

Postby behappyalways » Thu Nov 18, 2010 10:10 am

血要热 头脑要冷 骨头要硬
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Re: Russia 02 (Aug 10 - Dec 10)

Postby LenaHuat » Sun Dec 12, 2010 9:00 pm

Putin, the alpha male, sings "BlueBerry Hill":-
http://www.youtube.com/watch?v=IV4IjHz2yIo

Marvel the reach and power of American music :!:
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