FOREX and Financial Crisis

Its revenue in 2009 increased by 3,7% - to $ 190 billion, and profit - by 8%, to $ 110 billion, the Italian authorities have promised to enhance hit mafia forfeiture. Italian association of small and medium business Confesercenti provided data on the financial status of organized crime. Revenues criminal syndicates were higher sales of the country"s largest companies - oil corporation Eni SpA, and were equal to almost 9% of GDP. Bum around the business of the Italian mafia is taking place at what is happening in the country"s financial crisis and 4,8% the first economic downturn. Experts estimate made based on data from police, businessmen and mafia informants in the environment, basic earnings ($ 95 billion) in criminal clans of Italy received from drug trafficking, people and weapons, as well as smuggling. In second place - government contracts, an underground gambling, counterfeiting money and documents, as well as the illegal supply of labor ($ 35 billion) Kryshuya about 20 thousand companies, organized crime groups have earned $ 33 billion on extortion and usury. At the robbery and fraud, had $ 1.4 billion and $ 840 million - for prostitution. "Mafia inkorporeyshn" is not afraid and did not even know about the crisis. There is a risk that the mafia can take advantage of temporary difficulties of big business, suffer from a lack of liquidity in the stock market to gain control over it, "- wrote the Roman antiprestupnaya organization SOS Impresa. success Mafia experts explain the fact that crime syndicates have a large reserve of cash, which is especially appreciated at a time when banks have frozen lending. According to experts, the syndicate ndrangeta Calabrian, Sicilian - Cosa Nostra, the Neapolitan - Camorra and the Apulian - Sacra Corona Unita - in 2009 have become more sought alternative to bank lending.

World Economic Forum in Davos, Switzerland, held from January 28 to February 1, 2010, opened in the best traditions of the global economic crisis.   renowned economist Professor of Economics at New York University, Nouriel Roubini, who predicted at the time the offensive of the current crisis and thus earned the reputation of economic soothsayer, made a new outlook. At the morning session of the Forum Roubini said the economic problems of Spain and Greece will blow up the euro area and two years later, the single European currency will cease to exist.   According to the economist, the main threat to the euro is the financial situation in one of the 16 eurozone countries - Spain. Is it not better things in Greece. Economies of these countries suffer from imbalances in the sector of public finances, but also because of the declining competitiveness of their products and services. Thus participation of these countries in the euro area excludes the possibility to correct the economic situation through the devaluation of individual currencies.   recall, the budget deficit of Greece more than four times the prescribed rate for the eurozone countries - 3% of GDP. Public debt of the country received more than twice the norm and is more than € 300 billion, or about 125% of GDP. This is the maximum value for the whole eurozone.   European Commission stated that the steps taken by the Greek Government to reduce the state budget deficit, are insufficient. Despite the successful auction held on Monday on state bonds, in which the authorities of the country managed to attract € 8 billion on Wednesday, the yield on them reached their highest since December 1999 level.

This was reported by the International Labor Organization (ILO). In 2009, lost their jobs 27 million people, giving way for the socialist appeals. the opening day of the 40 th World Economic Forum, the ILO published a report on the labor market, based on the statistics of the International Monetary Fund (IMF). ILO Guidelines plans to urge world leaders to apply to the problem of unemployment the same incentives, through which in 2009 together they have prevented the collapse of the banking system. "When will convene in Davos economic forum, it becomes clear that the trends are reversed, and the main political priority today must be to combat unemployment. The number of unemployed people in 2009 reached 212 million, an increase compared to pre-crisis 2007 on an unprecedented 34 million we need to approach the issue of retention and earnings of people with exactly the same determination as in the case of saving banks. This can be achieved successfully combining public policy and private investment program, "- said ILO Director-General Juan Somavia . World unemployment, according to ILO estimates, increased by 0,9 percentage points and an average of 6,6%, varying by region. For example, in East Asia, its rate is relatively low - 4.4%, while in Central and Southeastern Europe, as well as in North Africa, unemployment exceeds 10% threshold. The situation is compounded by the fact that 633 million people although they have a job, but live on less than $ 1.25 a day. More about 215 million employed people in 2009 teetered on the brink of poverty, at the risk of falling into poverty. Observations ILO identified several disturbing trends. Organization pays particular attention to the problem of acute shortage of jobs for young people. The unemployment rate in this segment jumped by 1.6 percentage points, to 13,4%.

number of unemployed worldwide in 2009 reached 212 million people, showing an unprecedented growth since 2007, when unemployment officially, 34 million people. Such data are presented in the report issued today the International Labor Organization /ILO /. The study, based on the statistics of the International Monetary Fund /IMF /, forecast that this year the number of unemployed worldwide would remain at about the same level as in developed countries and the European1000Union will grow by 3 million people. The report stresses that the coordinated measures to stimulate the economy taken by the governments of various countries, "prevented a large-scale socio-economic catastrophe." "We need to approach the issue of retention and earnings of people with exactly the same determination as in the case of saving banks", - quoted the ILO Director General Juan Somavia. He is confident that this can be done "through the active mix of public action and private investment." In a situation where "45 million young men and women come each year to the global labor market, measures for economic recovery should be aimed at creating jobs for young people" - he added.

Russia and Belarus signed a package of documents on the supply of oil, reported to the President of Russia Dmitry Medvedev"s deputy prime minister Igor Sechin. "today signed a package of documents. It changes to the Agreement on the supply of crude oil to Belarus, the technique tariff on oil sales, the balance of oil stock in 2010, a joint statement the vice-premiers of the two countries to assure uninterrupted transit" - and said . Sechin. earlier conditions of supply of oil to Belarus by intergovernmental agreement dated January 12, 2007, which provided for in the 2007-2009 action discount factor to a standard Duty on crude oil when oil supplies to Belarus (0,356 in 2009). Coefficient of Duty in 2009 represented a value equivalent to 85% of Belarusian export duties on oil products that were due, according to the agreements listed in the budget of Russia. sides have been negotiating the terms of oil supply in 2010 with October 2009, but by the end of the agreement failed to reach an agreement. It Belarus counted on duty-free deliveries in January and February. At the same time, Russia"s side proposed in 2010 for domestic consumption in Belarus duty-free supply of 6.3 million tons of oil from under the balance of supply for this year, 21.5 million tons of raw materials. The remaining volume of oil imports Minsk offered to procure the payment of Russia"s total oil export duty.

Making good and permanent employment is the principal of what can be done to restore the middle class, says the American president. "Every day we fight for it again to give the Americans work, create good jobs and strengthen our economy. More steps (the Government) are aimed at alleviating the financial burden for families of the middle class who are struggling for survival in the current economic climate" - the president said after meeting Obama in the White House with a group of economic advisers. New initiatives administration have been developed by the Working Group of the White House for the middle class, led by Vice-President Joe Biden. A number of new concessions will be granted the least secured American families. The initiatives included an increase in "savings credit" - tax breaks for retirement savings to American families with annual incomes up to $ 85 thousand In addition, for those families who have a need to look after small children and the elderly, the benefit will be increased from 20% of the costs up to 35 %. Some tax incentives may also receive a family with income up to $ 115 thousand per year. package measures to help the middle class includes facilitation of payments on federal student loans to hundreds of thousands of students from the U.S., which will be limited to 10% of the income of the borrower in excess of the subsistence minimum. Expected to increase funding for childcare facilities in 2011 to $ 1.6 billion, so that they can further include another 235 thousand children. The programs help families keep their older relatives, it is proposed to increase budget spending by $ 102.5 million will also change some rules on savings accounts, which are operated by employers, in order to make them more transparent. Working Group"s proposal would require companies that do not offer pension plans, a direct transfer of staff on retirement accounts, if they do not prefer other options. "We need to stop the erosion of confidence of the middle class, so that when the U.S. economy is really back to normal, working Americans could implement their dreams. There are a number of measures that we can take to achieve this, the steps that we ready to take on the budget, and I will present them next week "- said the U.S.

Cabinet of Ministers of Ukraine proposes to halve the number of supervisors. According to an UNIAN correspondent, in particular, Prime Minister Yulia Tymoshenko, opening government meeting, said that the relevant bills scheduled for consideration at today"s meeting. "The first position, which deserves the Government today in an open mode, considered this issue - it is the orders that will be included in the bill, which will be immediately sent to Parliament to reduce the regulatory authorities of Ukraine more than doubled," - said Timoshenko. In addition, she said, at today"s meeting, the government also will consider a bill to halve the number of activities subject to licensing, as well as a bill according to which at the legislative level establishes simplified taxation system for small and medium-sized businesses.

As the Kommersant-Ukraine trade committee "of the Ukrainian Danube Shipping Company (UDP) in court trying to recover from the Ministry of Transport of UAH 40 million in compensation for losses allegedly incurred by the retention of the balance of inactive fleet. According to lawyers, the lawsuit has no prospects. But the ministry did no1000t rule out that started a controversy only in order to achieve the alienation of property in defiance of the law. Chairman of trade union UDP Vitaly Tatarchuk told Kommersant that the trade union committee of coastal subdivisions UDP filed yesterday in U.S. District Administrative Court of Kyiv to the Ministry of Transport with a lawsuit demanding to oblige it to compensate 40 million UAH of losses that the company received last year. Conflict between the leadership of the Ministry of Transport and UDP commenced on 14 January. Then the sailors shipping companies announced their intention to disrupt the presidential elections in 50 polling stations formed vessels, left in the flight, due to lack of authorization for cancellation. President UDP Vadim Suhonenko explained that the suit was filed, as the Ministry refuses to write off the dormant fleet (about 250 ships). The amount appearing in the suit - it damages related to the content to be written off ships. According Suhonenko, government approval would allow the court to offer other shipping companies or sites, butchered them for scrap, as well as through the proceeds to cover losses and to update the fleet. According to expert estimates, one ship can cost $ 0,5-1 million tons of scrap metal when it costs about $ 160, that is in the best case for a single vessel can bail out the order of $ 80-160 thousand JSC "Ukrainian Danube Shipping Company - the only state shipping company, provides transportation of passengers and cargo on the Danube and Black Sea. 100% of the shares owned by the state and managed by Ministry of Transport. Fleet totals about 670 vessels: 27 offshore, 4 and river cruise. Meanwhile and . about. Transportation Minister Vasyl Shevchenko said that the Ministry does not intend to pay damages because they were not formed due to inactive service fleet, and because of the failure of economic activities of the previous management company.

employment services in 2009 were 4 million 105 thousand people. This international conference of the World Association of Public Employment Services said the Director of Public Employment Service Vladimir Galitsky. According to him, as a result of the anti-crisis legislation passed in December 2008, a 2.7-fold reduced (11 thousand) the number of work permits of foreign labor, saved 12 thousand workers at 22 companies with providing payments for private unemployment. Also in conjunction with employers of part-time employment and administrative leave could save more than 1 million jobs, which involved 10% of all employees. "Today I can declare with confidence that the 16-thousandth of peoples of the State employment service, primarily due to normative and organizational and managerial measures to cope with the situation.

Washington scandal surrounding the uncontrolled spending by the State Department in Iraq. The audit identified a number of cases in which officials failed to properly monitor expenditure of budgetary funds allocated to private contractors. " At the State Department called the accusations baseless. Special Inspection for Iraq Reconstruction (SIGIR) in a few months studying the contracts that state agencies concluded with private contractors. Greatest attention was paid to the activities of the U.S. State Department, who was in charge of distribution of the lion"s share of budgetary funds allocated by Washington for the reconstruction program in Iraq. As a result, inspectors found a number of cases of apparent cost overruns. Thus, the State Department during the year paid the 16 bodyguards for six America1000n contractors working in Iraq. These goals were spent $ 4.5 million, moreover, that the contractors had their own security and in addition, they did not need. on the inspection report and provided a case. In 2006, the State Department has taken on lease two generators to supply electricity to a military base in northern Iraq. Since then, for the use of equipment, the owner was paid $ 450 thousand, although the purchase of two generators would cost the state budget only $ 78 thousand in the other case it comes to renting apartments in Iraq, which also pays for the Department of State. The contract was structured so clumsily that after the conclusion of the landlord readily increased the fees from $ 12 thousand to $ 20 thousand per month for an apartment. However, the auditors drew particular attention to the biggest contract the State Department, inherited an American private security company DynCorp International. In 2004, the company received a contract for training Iraqi police. Already at the initial stage of implementation of the contract by order of the State Department on account DynCorp was transferred more than $ 1 billion at this for a long time, the validity of spending so much money and all accounting records check only one member of the State Department.