The official rate of dollar established by the Central Bank of the Russian Federation since November, 20th, has decreased for 25,09 copecks and has made 30,9490 roubles, the euro official rate has decreased for 5,01 copecks - to 42,3568 roubles, news RIA reports referring to the Central Bank data.
Cost бивалютной the baskets, calculated at official rates, was reduced to 16 copecks, having made 36,08 roubles on Saturday and till Monday against 36,24 roubles on Friday.
Meanwhile, Greece which has Suffered from crisis on Thursday has published the budget for 2011 at which drawing up it was considered as a main objective reduction of budgetary deficiency to 7,4 % of gross national product was considered.
The government has promised to reduce current deficiency on 5 billion euro by next year, that is is much more considerable, than was planned originally (1,5 billion).
In May in exchange for the plan of the help in volume of 110 billion euro of Athena have agreed with the requirement of the International Currency Fund and the European Union to reduce budgetary deficiency of the country to 7,6 % of gross national product and then gradually to approach to comprehensible to member country of the European union to level in 3 %.
«The country budget for 2011 is made in a context of attempts to reach destructions of structural obstacles for growth that includes creation of workplaces, re-structuring of the state enterprises, struggle against evasion from payment of taxes, transformation of pension system, labor market reforming, opening of the commodity markets», the Minister of Finance of Greece has specified in the statement.
To reach in 2011 of objects in view the government of Greece declared increase in the tax at the added cost to 13 % from 11 %, about additional gathering from the firms receiving high incomes, about reduction of current governmental expenses and insignificant freezing of pensions. Moreover, the government planned considerable reduction of working costs and expenses on a salary of the unprofitable state enterprises, expenses on public health services and a defense cost.
Nevertheless, it is very probable that the country won't manage to reach level of the budgetary deficiency planned for 2010 in 8,1 % of gross national product. The government has told that it sets as an object to lower deficiency to 9,4 % of gross national product this year from 15,4 % in 2009.
The budget for 2011 also includes the measures directed on sharp start of economic activity, including reduction of tax loading on indivisible profits of corporations from 24 % to 20 %, and also decrease in the VAT for firms of tourist sector to 6,5 % from 11 %.
The government predicts that the economy of the Greek Republic will be reduced to 3 % next year, that is more than 2,6 %-s' reduction about which it was told earlier. This year, predictably, gross national product of Greece will be reduced to 4,2 %.
Economic and political news. Business training, business support structures, interaction with the authorities. Fundamentals of the legislation, taxation, investment.
Sunday, November 21, 2010
The review of the currency markets for a week:
The euro has renewed growth against the basic competitors after the publication of stronger in comparison with report expectations at the prices of manufacturers of Germany, gamble concerning continuation of restoration of the largest economy of region became result of that.
In October of the price of manufacturers in Germany have grown in comparison with last year on 4.3 % after strengthening on 3.9 % in September. Economists expected indicator growth at level of 4.1 %.
The given fact not only testifies that manufacturers start to shift a rise in prices for raw materials and energy carriers on end users that is possible in the conditions of final demand strengthening, but also speaks well for validity undertaken ЕЦБ actions on turning of stimulating measures within the limits of the monetary policy.
Let's note, nevertheless, that a major factor of support of uniform currency there are expectations that the help which Ireland of EU intends to render and IMF will promote prevention of distribution of a new wave of debt crisis on an euro area.
Operating the central bank of Ireland Patrick Honohan expects that the help package, cost in "ten billions" euro will help to rescue the bank system of the country which have suffered from recession in the market of real estate. We will remind that the day before official representatives of EU of m of IMF have started to study the bank reporting.
Thus, obvious progress concerning granting of EU and IMF of a package of loans for Ireland has lowered uncertainty, has supported mood of the markets and has made positive impact on euro. Under the unchecked data the plan of the help from the EC/MVF most likely will be presented the country next week.
Британский the pound sterling has grown after the publication of the inflationary data of Britain which have appeared above forecasts. According to statistics, the consumer price index has grown in Britain on 3.2 % г/г in October that above the forecast of analysts in 2.7 % and threshold value of the central bank in 3 %. However sterling growth carried a temporality and a course has soon receded.
The yen and dollar have become stronger against the basic countercurrencies after China has taken measures on struggle against inflation, having undermined thus demand for currencies adhered to global growth. As it became known, the central bank of China since November, 29th will raise reserve requirements for commercial banks on 50 б.п. It has put pressure upon the share and commodity markets and has supported to yen.
Pressure upon yen was rendered by the publication of the positive economic data from Asia. The published data has fixed growth of gross national product of Japan in 3rd quarter on 3,9 % at forecasts of +2,5 %. Other report has shown industrial production decrease in Japan on 1,6 %, thus average forecasts of analysts made-1,9 %.
In October of the price of manufacturers in Germany have grown in comparison with last year on 4.3 % after strengthening on 3.9 % in September. Economists expected indicator growth at level of 4.1 %.
The given fact not only testifies that manufacturers start to shift a rise in prices for raw materials and energy carriers on end users that is possible in the conditions of final demand strengthening, but also speaks well for validity undertaken ЕЦБ actions on turning of stimulating measures within the limits of the monetary policy.
Let's note, nevertheless, that a major factor of support of uniform currency there are expectations that the help which Ireland of EU intends to render and IMF will promote prevention of distribution of a new wave of debt crisis on an euro area.
Operating the central bank of Ireland Patrick Honohan expects that the help package, cost in "ten billions" euro will help to rescue the bank system of the country which have suffered from recession in the market of real estate. We will remind that the day before official representatives of EU of m of IMF have started to study the bank reporting.
Thus, obvious progress concerning granting of EU and IMF of a package of loans for Ireland has lowered uncertainty, has supported mood of the markets and has made positive impact on euro. Under the unchecked data the plan of the help from the EC/MVF most likely will be presented the country next week.
Британский the pound sterling has grown after the publication of the inflationary data of Britain which have appeared above forecasts. According to statistics, the consumer price index has grown in Britain on 3.2 % г/г in October that above the forecast of analysts in 2.7 % and threshold value of the central bank in 3 %. However sterling growth carried a temporality and a course has soon receded.
The yen and dollar have become stronger against the basic countercurrencies after China has taken measures on struggle against inflation, having undermined thus demand for currencies adhered to global growth. As it became known, the central bank of China since November, 29th will raise reserve requirements for commercial banks on 50 б.п. It has put pressure upon the share and commodity markets and has supported to yen.
Pressure upon yen was rendered by the publication of the positive economic data from Asia. The published data has fixed growth of gross national product of Japan in 3rd quarter on 3,9 % at forecasts of +2,5 %. Other report has shown industrial production decrease in Japan on 1,6 %, thus average forecasts of analysts made-1,9 %.
Business idea № 2156. Personal social network Path
One of developers Facebook Connect and Facebook Platform Dejv Morin (Dave Morin) has left from Facebook this year to start the project Path - the personal social network focused on an exchange by personal photos and limiting quantity of friends.
It is supposed that users will exchange photos first of all from mobile phones, it becomes possible thanks to start of the new mobile appendix for iPhone, (and it is very fast and for Android and BlackBerry), and contacts for the list of friends on Path to users of a personal social network are offered to be chosen from the telephone directory.
Under the statement of the author idea business, service Path is focused on an exchange of photos with close friends and relatives. According to instructions for use personal social network Path, the participant can get no more than 50 friends, unlike the same Facebook where this number isn't limited. «If on Facebook and other social networks users acquire« friends »with a velocity of light, and as a rule, with the majority of these people they have a little the general, it is faster a superficial acquaintance thanking Path they have possibility to communicate with true friends in the real world, instead of on the monitor screen», - mister Morin speaks.
Personal social network Path is a network for close friends. Restriction to 50 contacts is based on researches of anthropologist Robina of Dunbar (Robin Dunbar) considering that the human brain can support simultaneously to 150 social communications, and number of contacts to people which know also which trust, fluctuates from 40 to 60. In spite of the fact that large social networks offer possibility to users to limit the contacts, nevertheless the last don't feel also comfortably and in safety, as in the real world.
Dejv Morin has collected about 2,5 million dollars on financing of the new project. While the developer of a personal social network doesn't open the information on how he is going to earn money. «Most likely, it will be sale of services, type filters or themes for photographers or advertizing. Though to involve advertisers on the project with the limited number of people it will be problematic», - he speaks.
Subscribe to:
Posts (Atom)