Let you have it.

Let you have it. If I play a supporting role in a big deal drama (like for example the cocaine Prince Andrew Lancaster and Northern Iran from Baku, or the cocaine Prince Andrew Lancaster and the Kremlins’ Mongoloids, or the cocaine Andrew Lancaster and the cú nuar’s from Commonwealth) then why today I was almost killed by the car? By the white Citroen model Nemo? Because I’m the Clown fish? O r because the XXX old whore with her clowns insist that today is the Family Day? Since when XXX Anglican XXX make this reform? Since the рыжая XXX Kinnock – is the Nine of Twelve monkeys? Or because the “our” crack from Bletchley Park (i.e. the vybliadok of dear old chap Charlie), the Prince Willy yet looking at my CV? Or because the high, gorgeous and reddish Robert B. Zoellick at least suck $2 billion? Or just because I make someone look damned good? How you, nation of the shit from camel turned around KNOW that without me who knows how quickly things would fall apart? It’s like that elastic “band” has been stretched a little too far, - and there’s no bounce left. Personally, I have left is what I get to work with. Staying my ground – I do your XXX (i.e. COP15) future. And, I have been taking a lot of nonsense from lot of people for far too long. We’ll let you have it.

Rusal sets $2.6bn IPO goal. Published: December 31 2009 03:12 | Last updated: December 31 2009 10:09.UC Rusal, the aluminium group controlled by Oleg Deripaska, the Russian billionaire, is planning to raise up to $2.6bn in its Hong Kong initial public offering next month. The Russian company will sell 1.61bn shares at HK$9.10 to HK$12.50 each, according to its 1,141-page listing prospectus, as it seeksfunds to repay $14.9bn of debt. The offering is equivalent to about 10.6 per cent of company equity, giving Rusal a market valuation of as much as $24.3bn. Rusal’s IPO, which would be the first listing by a Russian company in Hong Kong, is vital for the highly geared company as it comes at a time when the global aluminium industry is suffering from significant overcapacity and falling demand. In the first half of this year, the company made a loss of $868m, compared with a profit of $1,4bn in the same period in 2008, according to the prospectus. The company said it did not meet the Hong Kong exchange’s profit requirement for listing, but said it was accepted on the basis of its large prospective market capitalisation, annual revenue of more than HK$500m and positive operating cash flows. Rusal said its net profit for this year would be “unlikely to be less than” $434m. Rusal has enlisted the support of four cornerstone investors, who will buy nearly 40 per cent of the shares on offer, or a 4.2 per cent stake in the company. VEB has agreed to subscribe for 477m shares, worth as much as $764m. Paulson & Co, a New York hedge fund, has committed to invest $100m. Banking scion Nathaniel Rothschild and Robert Kuok, the Malaysian Chinese billionaire, are investing $50m and $20m respectively. Mr Deripaska’s stake in the company will fall from 53.35 per cent to 47.59 per cent after the IPO. The shares, which will be priced on January 22, are scheduled to begin trading on January 27. Rusal said all net proceeds would be used to reduce debt and satisfy other obligations to its creditors. The company’s $16.8bn debt restructuring, which extended the maturing of its debt obligations until 2013, has imposed strict restrictions on Rusal’s ability to expand its business or pay dividends, according to the prospectus, with no possibility of a dividend pay out at least 2013. “The group continues to have significant debt obligations and is subject to stringent covenants and repayment schedules that severely limit its operations and ability to incur new financing,” Rusal said. Rusal’s application to sell shares in Hong Kong has been controversial and rushed. It was initially held up by the Hong Kong Stock Exchange’s listing committee, which vets all IPOs. The committee was concerned about a $4.5bn loan from VEB, the Russian state bank, which was due in October 2010. Committee members extended conditional approval on December 18 only after Sberbank, Russia’s largest bank, said it would take on the VEB loan and extend its tenure until 2013. Hong Kong’s market regulator, the Securities and Futures Commission, also took the unprecedented step of insisting on minimum investment thresholds for the IPO. Rusal can only sell the IPO to investors who subscribe for at least HK$1m worth of shares. Following the listing, shares will be traded in board lots of at least HK$200,000 each. The prospectus provides detailed information about Mr Deripaska, the company’s high profile chief executive, including that the US and Canada refused to grant him a visa in the past and recounting a long-running court case between him and Michael Cherney, a former business partner. BNP Paribas and Credit Suisse are joint sponsors, global coordinators and bookrunners of the deal. Bank of America-Merrill Lynch, Bank of China International, Nomura, Renaissance Capital, Sberbank and VTB Capital are joint bookrunners.

IMF frees up $2bn for Ukraine. December 31 2009 12:50. The International Monetary Fund gave the green light to Ukraine to lower its minimum international reserve requirement, freeing up $2bn from central bank coffers to pay Russian natural gas bills and keep the cash-crunched country financially-afloat ahead of a hotly contested presidential election. The announcement late on Wednesday helped further to defuse fears in Europe that gas supplies could be cut off again as they were during last January’s Moscow-Kiev spat, should recession-ravaged Ukraine fail to cover multi-billion-dollar import bills in coming months. “The IMF Executive Board agreed to the government’s request to modify the performance criterion on Net International Reserves, as specified in the current Stand-By Arrangement, to lower the end-December NIR floor by about $2bn,” said Max Alier, the IMF’s resident representative to Kiev. “This important step will enable the Ukrainian authorities to use existing resources to make external payments due – including gas payments – within the framework of Ukraine’s programme with the Fund.” The IMF has helped keep Kiev afloat since the global financial crisis, providing $11bn in support as Ukraine’s gross domestic shrank by 15 per cent. But the fund froze assistance in November due to lacklustre reforms and political infighting in Kiev. Mr Alier said that fresh aid hangs on the ability of Ukraine’s leadership to demonstrate consensus and adopt a fiscally prudent 2010 budget. Ukraine’s request in December for a fresh $2bn emergency loan was turned down, and the IMF has sought to keep its distance from the country’s messy pre-election politics. Kiev’s political leaders are bitterly divided, with president Viktor Yushchenko, prime minister Yulia Tymoshenko and ex-premier Viktor Yanukovich all campaigning in a January 17 presidential election campaign. Ms Tymoshenko’s opponents have accused the IMF of being too soft on her government. Ms Tymoshenko accuses opponents of trying to cash-starve her government and undercut her presidential bid by sabotaging cooperation with the IMF. The political temperature is not expected to cool down until after a second round run-off is held in February. Wednesday’s decision marks continued flexibility by the IMF in dealing with Kiev. It should help keep Ms Tymoshenko’s government afloat with just enough cash from central bank reserves that were built up with IMF funds after the global financial crisis struck.

Image: "At the front door, Rudolf Valentino holding flowers and candy".

To see an airplane in your dream indicates that you will overcome your obstacles and rise to a new level of prominence and status. You may experience a higher consciousness, new-found freedom and greater awareness. Suggest that you are feeling disconnected in some aspect of your life - work, relationship or home life. In a such way that пора убивать. Because in dream I was sitting by the window (like I like), window in square shape (like the old brits Comet which was origins that this plane from nation of the shit from camel turned around crashed like a ravens from my previous working experience), and again, the white male (i.e. the Serioja) was shutting at me 30-50 meters distance. In which degree she’s the old XXX whore.


Despiste de camião provoca a morte de 15 animais na A17. Veículo pesado capotou e 29 espécimes de gado bovino foram parar à estrada. Sete morreram logo e outros oito tiveram de ser abatidos. Uma vaca ainda invadiu a área de serviço de Monte Real. O despiste de um camião que transportava gado provocou ontem de manhã o condicionamento do trânsito na A17, em Leiria, e causou a morte a 15 vacas. O veículo com 29 animais acabou por capotar às 06.30, altura em que o gado sobrevivente fugiu. Luís Costa, dono da carga, e proprietário de uma exploração com 400 animais, em Cantanhede, adiantou à agência Lusa que os 29 animais estão avaliados em cerca de 20 mil euros. Sete vacas tiveram morte imediata, tendo sido levadas do local por uma viatura do Sistema de Recolha de Cadáveres. publicado a 2009-12-31 às 02:00

Tiroteio em centro comercial na Finlândia faz 4 mortos (em actual.). Há 6 mins Três homens e uma mulher perderam a vida esta quinta-feira num tiroteio num centro comercial nos arredores de Helsínquia, na Finlândia. A polícia já tem um suspeito, um homem de 43 anos conhecido das autoridades por já ter estado detido. De acordo com o correspondente da TSF na Escandinávia, Hélder Fernandes, uma das vítimas é um homem baleado na cabeça e uma outra, uma mulher atingida no estômago. Forças especiais armadas já estão nas instalações da superfície comercial em busca do autor dos disparos, tendo evacuado a maioria das pessoas e encerrado uma estação de comboio nas proximidades. Muitas pessoas que não conseguiram fugir encontram-se no segundo piso do centro comercial, numa zona protegida pelas forças especiais. Algumas pessoas barricaram-se também numa das bibliotecas do edifício. As imagens da televisão filandesa mostram um grande número de ambulâncias nas imediações do centro comercial bem como helicópteros da polícia e comandos armados em posições estratégicas. A Finlândia tem sido palco, nos últimos anos, de vários tiroteios indiscriminados em escolas e centros comerciais, provocados por rapazes adolescentes com problemas de adaptação social.

Islamabad - Oito agentes da CIA morreram esta quarta-feira na sequência de um ataque bombista a uma base militar no Afeganistão. Um bombista suicida fez-se explodir na Base de Operações de Chapman, na província oriental de Khost, perto da fronteira com o Paquistão, região onde há uma forte presença dos talibãs. Para além dos oito agentes da CIA, outros seis norte-americanos podem também ter morrido. O atentado suicida foi reivindicado pelos taliban.

Image: "At the front door, Rudolf Valentino holding flowers and candy".

My dear old chap Charlie...

And you are done, since the my believe is that the Kazakhstan can negotiate in selling the uranium to Iran. How you go to copy now, with one of my many lungs? The best preventive measure is to avoid situations that like this one, is rippled with tensions, worries, fears, and the all the Seven Deadly Sins. XXX for you! After all, I got a “New Deal”, I got my nightmares (keep be beaten in my head all this night long), got you like my own stuff (to start with XXX Trevor Edwards and finishing with cocaine Avatars the type of Andrew Lancaster, the Tony Blair and the XXX Sampaio) to copy with. Not to deliver but to frighten west, and sequently receive some concrete political and economic dividends’. I even admit that this “breach in security” was especially orchestrated. Was in late 90-s when like today west was anxious with the news that the Kazakhstan are selling the Caspian Oil to the Iran. The many tankers to the Islamic Republic of Iran come from Atyrau and Aktau. Who new details, was thinking: A big deal! No crime on that. Too small volumes. The all tankers are Iranian (The Kazakhstan don’t have a tankers on their own at that time). However, the million dollars question was the growing power of ayatollahs. The exactly this which instigate the ongoing… from EU, plus USA start to fight by the Caspian energy sources and invest heavily. Precisely there where the Kazakhstan egress like a big winner. Together with “PUT IN”. The similar position is today. Just the price is a little bit higher. Now, it’s the uranium is in the light of Iranian nuclear programme. A simple question: ‘What Kazakhstan want?’ The first, and most of all – the credits. Quite recently the Kazkhstan was asking Western Banks, and at my eye, without positive results. Then comes a lot of others (should I say political?) reasons. Let’s say that this is just costumes of the nation of the XXX turned around, when she are transforming the Gulhenara, the Gulhecheta, the Zuhra, the Zarhima, the Rushanara, and the Gaujhara – in Goga… My dear old chap Charlie, I have been shown to you where the root of (“our?” – the COP15) a certain problem lies. Unfortunately, my pocket (which you use and abuse) is providing one lesson in a rather harsh, undiplomatic and insensitive way.

Kazakhstan denies Iran uranium deal: ministry. (AFP) – 55 minutes ago. ASTANA — Kazakhstan on Wednesday angrily denied it planned to sell Iran purified uranium ore, calling media reports to this effect "groundless insinuations." Kazakhstan "categorically repudiates certain news media reports alleging Kazakhstan's connection to a possible deal to supply uranium to the Islamic Republic of Iran," the country's foreign ministry said in a statement. The government "considers them groundless insinuations damaging the reputation of our country." The strident denial came a day after the United States, reacting to media reports that a deal between Kazakhstan and Iran was close to being sealed, warned that such a transfer was prohibited under UN sanctions on Iran. "The transfer of uranium to Iran is prohibited, unless the uranium in question is low enriched and the uranium is incorporated in assembled nuclear fuel elements for use in light water reactors (LWRs)," US State Department spokesman Ian Kelly said in Washington. Concern over Iran's nuclear plans is again rising and on Tuesday Washington warned Tehran that December was "a very real deadline" to accept a UN-drafted deal to swap enriched uranium for nuclear fuel or face more sanctions. The United States and some other Western countries suspect Iran is seeking to develop nuclear weapons under the guise of a civilian nuclear power program. Tehran adamantly denies this, saying its nuclear programme is strictly for the production of energy. Kazakhstan, which on January 1 becomes the first ex-Soviet republic to take the helm of the Organisation for Security and Cooperation in Europe (OSCE), stressed that it is committed to international nuclear non-proliferation rules. "Kazakhstan is firmly committed to the principles of nonproliferation of weapons of mass destruction and tough control over the turnover of dual use materials," the foreign ministry statement said. It noted that Kazakhstan had renounced the world's fourth-largest nuclear and missile arsenal -- a stockpile it inherited from the days it was part of the Soviet Union -- and had shut down its Soviet-era nuclear test site. The Central Asian state also called on the Vienna-based UN nuclear watchdog, the International Atomic Energy Agency (IAEA), to weigh in publicly on the reports saying Kazakhstan was to ship uranium to Iran. "Kazakhstan expects the IAEA to give an appropriate assessment of the information being disseminated by the news media," the statement said. It said all operations involving nuclear materials, "including our cooperation regarding peaceful use of atomic energy with foreign countries, are subject to IAEA comprehensive safeguards." Separately, Kazakhstan said Wednesday it had become the world's largest producer of uranium, overtaking Canada, after it increased production by 63 percent in 2009 compared to last year. Kazatomprom said in a statement it had mined 13,500 tonnes of the radioactive metal as of December 21 and will have mined at least another 400 tonnes by year's end. Citing the Ux Consulting Company, a US nuclear consulting company, the statement said Canada was expected to produce 9,934 tonnes of uranium and Australia 8,022 tonnes this year. Kazakhstan plans to increase production to 18,000 tonnes in 2010, Nurlan Ryspanov, Kazatomprom vice-president said in a statement. "The republic will gain the leading position in uranium mining at the time of maximum demand for it," Ryspanov said.

Former biathlon star Raphael Poiree injured in quad bike crash. Posted on : 2009-12-30. Frankfurt - Former world-class biathlete Raphael Poiree sustained spinal injuries in a quad bike accident in Norway, the Skichrono website reported Wednesday. The 35-year-old Frenchman, who was world champion eight times before retiring two years ago, lost control of the quad and ended up trapped beneath the vehicle. Poiree was flown to a hospital in Bergen where he is due to be operated upon.

Technicalities notes:

I may have mentioned it to you once, then reminded you the facts (in Pigeon: Impossible.) then told you p…-off for pushing things again… So, my last, chinese warning isn’t really last at all. You still be that ‘famous’ movable feast. In this way – not any longer. In other hand or should I say, in my side, there’s no need to make a problematic situation any worse that it is. Question: Not will be better to denouement (i.e.COP15/Il-76), as difficult and conflicted as it may seem right now? Thinking about, I see how “we” are hoping to accomplish a “lot” over the months ahead. So it be. I’ll, like always, be methodical about it. To organizing routines and sticking to the letter (Charlie, WE know what is mean a “New Deal” would we?). Dammed! How is true that “our” Prince Trust need some compassion right now! How the Prince Trust are judging himself too harshly and how he disapproving of himself too intently! How he feel that he have failed to reach a “particular standard”! How he think that he could have done (or could be doing) much better! Hence, he is refusing to give himself to the C R E D I T he deserves! Well, old chap, you will have the every chance to improve on past performances. Charlie, even your eyes I’m prepare to face head-on any “TRUST” looking for www.rainforessos.org trouble. You know well how to avoid responsibilities’ that don’t belong to ME. Chap Charlie, if you ignore the VAG Pigeon: Impossible – you’re done.

Technicalities notes:

Bashneft is a Russian oil refining company one of the largest producer of oil products in the country. The company operates 140 oil and natural gas fields in Russia and has an annual oil production of 16 million tonnes. Bashneft owns three oil refineries located in Ufa with a combined capacity of 820,000 bbl/d (130,000 m3/d) and 100 petrol stations. The Russian holding Sistema bought a controlling stake in Bashneft in March 2009 for US$ 2.5 billion.

Data integration involves combining data residing in different sources and providing users with a unified view of these data. Master data management (MDM) comprises a set of processes and tools that consistently defines and manages the non-transactional data entities of an organization(which may include reference data).
Data governance is an emerging discipline with an evolving definition. The discipline embodies a convergence of data quality, data management, business process management, and risk management surrounding the handling of data in an organization. Data synchronization is the process of establishing consistency among data from a source to a target data storage and vice versa and the continuous harmonization of the data over time. It is fundamental to a wide variety of applications, including file synchronization and mobile device synchronization e.g. for PDAs. Data migration is the process of transferring data between storage types, formats, or computer systems. It is required when organizations or individuals change computer systems or upgrade to new systems, or when systems merge (such as when the organizations that use them undergo a merger/takeover). A data warehouse is a repository of an organization's electronically stored data. Data Consolidation is to allow consolidate spreadsheet data from one or several sheets from one or many open workbooks quickly and easily.

Secret mobile phone code cracked. By Palmer, technology correspondent. Published: December 29 2009 15:11 | Last updated: December 29 2009 15:11. Computer hackers this week said they had cracked and published the secret code that protects 80 per cent of the world’s mobile phones. The move will leave more than 3bn people vulnerable to having their calls intercepted, and could force mobile phone operators into a costly upgrade of their networks. Karsten Nohl, a German encryption expert, said he had organised the hack to demonstrate the weaknesses of the security measures protecting the global system for mobile communication (GSM) and to push mobile operators to improve their systems. “This shows that existing GSM security is inadequate,” Mr Nohl told an audience of about 600 people at the Chaos Communication Congress in Berlin, a four-day conference of computer hackers. Mr Nohl is due to run a practical demonstration of the code book at the conference on Wednesday. Mr Nohl, a widely-consulted cryptography expert with a doctorate in computer engineering from the University of Virginia, waged a similar campaign this year which caused the DECT Forum, a standards group based in Bern, to upgrade the security algorithm for 800m cordless home phones. The hacked GSM code could compromise over 3bn people in 212 countries. It does not affect 3G phone calls, however, which are protected by a different security code. The GSM Association, the industry body for mobile phone operators, which devised the A5/1 encryption algorithm 21 years ago, said they were monitoring the situation closely. “We are concerned but we don’t believe it will result in widespread eavesdropping tomorrow, or next week or next month,” said James Moran, security director of the GSMA. “The reality is that a practical attack is beyond the capabilities of the vast majority of people,” he said. However, security experts disagreed, saying that cracking the code significantly lowered the bar for intercepting calls. “A year ago it would have required equipment costing hundreds of thousands of dollars, and serious expertise to listen in to a call,” said Simon Bransfield-Garth, chief executive of Cellcrypt, a mobile phone encryption company. “Today it is going to require $1,500 of network equipment and a computer. It is getting down to a mainstream price tag and moving to the point when it will be straightforward to do.” Mr Moran said that if the hack was thought to pose a serious practical threat, the GSM Association could force all GSM operators to upgrade their security systems to use a stronger form of encryption. The GSMA has done this once before, in 2004, when security flaws were discovered in another security code, known as A5/2, and operators across Latin America, Asia and Africa were forced to upgrade their networks. A security upgrade could prove very costly, however, as some operators would have to replace their old base stations completely, Mr Moran said. The A5/2 upgrade, for example, took about 18 months. A decision on whether to upgrade to a stronger code could be taken at the next meeting of the GSMA security group in February.


Bashneft Oil Executive Shot Dead in Russia, Investigators Say. Business Exchange. Dec. 29 (Bloomberg) -- An executive at OAO Bashneft, the Russian oil producer controlled by billionaire Vladimir Yevtushenkov, was shot to death, investigators said. Vladimir Butorin, 57, was shot five times near his home in Ufa, capital of the Bashkortostan region in central Russia where the company is based, the Investigative Committee of the Prosecutor General’s Office said on its Web Site today. Putin: Мэр Москвы Юрий Лужков потребовал, чтобы столичная милиция как можно быстрее нашла человека, застрелившего водителя снегоуборочной машины на Севастопольском проспекте. Об этом 28 декабря сообщает агентство "Интерфакс". Butorin was in charge of Bashneft’s economic security department, according to the statement. Spokespeople for Yevtushenkov’s AFK Sistema holding company and Bashneft couldn’t be reached immediately for comment. Bashneft pumps about 260,000 barrels of crude a day, or 2.6 percent of Russian output, and accounts for about one-tenth of the country’s refining, according to the company. Как рассказали «КП» в пресс-службе компании, «Башнефть» устанавливает вознаграждение в размере 100 000 рублей всем, кто сообщит любую действенную информацию, касающуюся гибели Директора департамента экономической безопасности и защиты информации Буторина Владимира Павловича. Анонимность гарантируется. Напомним, что сегодня утром нашли начальник департамента экономической безопасности компании «Башнефть» 57-летний Владимир Буторин. По предварительно версии, это убийство – заказное. По факту убийства возбудили уголовное дело по статье "Убийство". Как рассказал «КП» источник близкий к следствию, убийцей Владимира Буторина могла быть женщина или переодетый в нее мужчина. - Видеокамеры, установленные во дворе дома, зафиксировали человека, который пропустил вперед Буторина, а потом пять раз выстрелил ему в спину и ягодицу, - рассказал «КП» источник. - Человек был в женской одежде, но походка была явно мужской. Не исключено, что это был переодетый мужчина. На месте преступления нашли гильзы от пистолета ПСС (пистолет Специальный Стратегический) - такие в основном используют спецслужбы. Скорее всего убийца пользовался глушителем - звуков выстрела никто не слышал. Мотив преступления - скорее всего профессиональная деятельность убитого.

Ukraine says Russia agrees to oil transit fee rise. Tue Dec 29, 2009 12:13pm GMT. KIEV, Dec 29 (Reuters) - Ukrainian state energy firm Naftogaz said on Tuesday Russia had agreed to a 30 percent.

Politinformatica.

Politinformatica. In present days, we all become acquitted with Informatica Corporation which provides data integration software for various businesses, industries and governmental organizations, including telecoms, health care, insurance and off course, the financial businesses. But the word Politinformatica come to me from different area of human activity. It went from something what people do or cause to happen. In the past, people call them politcommissars or politinformants if you prefer. Which is not quite a machine (the my PC for example) full of staff like a Data Consolidation, Data Warehouse, Data Migration, Data Synchronization, Data Governance, MDM or Data Integration. It’s for the majority just a jungle or in best situation – the naked words or the technicality with which people must live. In any way, we all can find theirs meaning in the Wikipedia. No. I speak here about rational investigation of human decision-making. Like the Austrian economist Ludwig von Mises did. 70 years ago. Not because I’m the Austrian or Ludwig, but because I’m was dreaming with the EU trying to obtain my consent in the take away from the internet all my remarks, comments and notes. In the ‘a posteriori’ (mean “from the later”) of the ‘Iran disturbances’. After this dream, my subconscious tells me: My, you will get the Giordano Bruno faith like a prize… With which I actually agree. Because, even this ultimatum at the end, sounds for me like an insignificant alert. Only to call my attention to the need to look at the My future. Which the eight hours per day I don’t stop doing it. Not a big secret that my past decade life was a living nightmare. Never giving me any possibility to breath. Still, is different now? It’s too much loud to say that today I find me with a serious case? This morning, after the night before, the muddled money worries don’t stop to hovering upon my head. To begin with the Giordano Bruno EU’s proposal and finishing to dream with the some village called Пpacнa (it’s in Slavonic). Even for the any political opposition the such half-word mean nothing. With the ongoing… worries about Iran or without. Commence with LHC - and to the rats flushed out. Although for me ‘a priory’ (mean “from the former”) the village represents the community, simplicity and tradition. It’s represents the simple things. Such as nation…; cocaine…; козло-вонючие козлы…; ongoing…; It’s represents the “unexpected” reaction of ‘eternal’ Almohads from Brussels and Strasburg. Who openly and absolutely not dominate the situation. And completely powerless in the face of Iran state of affairs. I give you example how they knowing my life entirely, begin accuse me of destabilizing theirs (i.e. the ongoing piggy faces) energy policy. Over the past few decades “our” romantic attractions (between me, i.e. V.A. Glugovsky and the “futuro de nossa civilização” – i.e. Avatar’s )have been complex or like minimum, riddled with poor communications and the Grosse outside influences. They for me: the Gingiz Khan without British-Passport-love but with “35 hours working week” and I for them: The cocaine ex-President of Portuguese Republic swine Jorge Sampaio. They for me “The Kioto Protocol”, and I for them the “no dia seguinte de ficar milionario”. Look at the WHO, my ass-holes. In deed, how is “unexpected” the animosity from the Northern Hemisphere Capitals of the World to the circumstances in Iran. You see how the CSN and Cimpor never can come to the North. Can though, fade quietly (off course, because of the COP15) – into the “futuro de nossa civilização” background. If the virtue of a relationship is a harmony how we (I) can’t be keen to face down that we (I) expected? How we all can’t fail into what is wise, in what is a fair policy which must work in the long term and beyond?

Pigeon: Impossible.

Pigeon: Impossible. That you ongoing piggy faces from Brussels and Strasburg are working hard to construct the Babel Tower – nobody is blind. That it’s will be better for me for cross of “our language barrier” to at least try to figure out how to communicate with you using a form of this film like a sign language. Because the Big decisions rarely change our lives as much as we expect them to. It’s the small choices we arrive at on a daily basis that trend, in long term, to have the most powerful ramifications. For example, “Não quer trabalhar no TESCO”. That Neelie Croes for last twenty years don’t stop to telling me. You agree, that putting this “The goal” – I’m just pleasing myself. The people, who are regardless of race, age, sex or religion understand with which propose I wrote in black on white cocaine ex-President of Portuguese Republic Jorge Sampaio, the f**** Mafioso Santana Lopes – who like kill the pigeons. Clearly how it’s give them the real power (they kill them at thousands during theirs presidencies in the Lisbon Rathouse. The “Law pes” still is there.) Its give they more real power to take from my share in the Portland 450 cement for EXPO-98. Its give them the power to at the next day (i.e. after the saving the “our lung” at the COP15) this faces are negotiating the CSN – Cimpor 5,7 billion euros (US $8,167 billion).

CSN quer criar gigante no ramo de cimento com compra de empresa portuguesa. Sex, 18 Dez, 01h32. Rio de Janeiro, 18 dez (EFE).- A Companhia Siderúrgica Nacional (CSN) anunciou hoje na bolsa de Lisboa uma oferta pública para adquirir 100% do capital da Cimentos de Portugal (Cimpor) por 3,864 bilhões de euros (US$ 5,535 bilhões) e explicou que sua intenção é criar uma gigante mundial no ramo de cimento. "A aquisição da Cimpor contribuirá para a formação de uma das maiores empresas produtoras de cimento do mundo, com capacidade de produção de 36 milhões de toneladas anuais de cimento", explicou a CSN em comunicado enviado à Bolsa de Valores São Paulo para justificar sua proposta de compra. A CSN disse estar disposta a pagar 5,75 euros (US$ 8,23) por ação da Cimpor, valor 5% superior ao do fechamento de quinta-feira, o que eleva o preço do negócio para 3,864 bilhões de euros. Como a siderúrgica teria que assumir a dívida de cerca de 1,8 bilhão de euros (US$ 2,579 bilhões) da Cimpor, a operação custaria a CSN cerca de 5,7 bilhões de euros (US$ 8,167 bilhões). Apesar de ter seus negócios concentrados na siderurgia e em parte em mineração e logística, a CSN inaugurou em maio deste ano sua primeira fábrica de cimento em Volta Redonda (RJ) e tem planos para alcançar em 2011 uma produção de 2,5 milhões de toneladas. Segundo o comunicado da CSN, a Cimpor opera em 13 países da Europa, Ásia, América do Sul e África; é líder de seu setor em Portugal, Cabo Verde e Moçambique, e tem importantes participações nos mercados de países como Espanha, Egito, China, Turquia, África do Sul, Tunísia, Marrocos, Índia e Peru. A Cimpor é a terceira empresa no mercado brasileiro em vendas e a quarta em capacidade de produção. A CSN espera concluir 2009 com uma produção de 300 mil toneladas de cimento e prevê aumentar sua produção para um milhão de toneladas em 2010 e 2,5 milhões de toneladas em 2011. A companhia informou que "poderá usar parte de seu caixa disponível e/ou financiar parte ou a totalidade da aquisição com linhas de crédito de bancos de primeira linha".

Glencore

Glencore takes step closer to flotation. (AFTER DERIPASKA OPA)December 23 2009 19:49. Glencore, the world’s dominant commodity trader, has taken its first step towards becoming a public company by issuing up to $2.2bn in convertible bonds to strategic investors in the US, Singapore and China. The issue, which values the publicity shy, Switzerland-based company at $35bn, has been taken up by First Reserve, the US-based private equity group which focuses on natural resources, GIC, Singapore’s sovereign wealth fund; US-based BlackRock; and Zijin Mining Group, the Chinese miner. “This is a clear step towards an initial public offer,” a commodities banker said. “The mix of investors is the typical you expect in a pre-initial public offering operation.” Glencore said in a statement that the bonds were convertible “into Glencore shares upon a qualifying IPO or upon other pre-determined qualifying events”. An IPO would trigger massive windfall gains for many of Glencore’s employees, who own the firm, including Ivan Glasenberg its South African chief executive. However, a flotation is unlikely in the short term as the trading house could wait for a bigger rise in commodities prices to achieve an even higher valuation, according to people familiar with the trader. “As economic growth resumes, the outlook for most commodity markets is continuing to improve,” Glencore said in a statement. Bankers said that the company’s estimated $35bn valuation was above the current market’s expectations. Glencore dwarfs its rivals in terms of size and the number of raw materials it trades. It also owns a variety of mining assets and companies. The value of its 34.5 per cent stake in Xstrata, the blue-chip mining company, has risen from £2.2bn ($3.5bn) to £10.9bn this year. Glencore’s net income more than halved in the first half of the year to $1.12bn, down from $2.63bn in the same period of 2008 due to the drop in commodities prices. Revenues dropped to $45.2bn. The proceeds of Glencore’s capital raising could enable it to buy back from Xstrata the prized Prodeco coal complex in Colombia. Glencore agreed to sell this asset to Xstrata for $2bn in January to take up its share of Xstrata’s rights issue. The company’s increasing openness further moves it away from its roots under Marc Rich, the oil trader who founded Glencore in 1974, but later sold out to management. In 1983, Rudolph Giuliani, then a US prosecutor, indicted Mr Rich for tax evasion and he became a fugitive in Switzerland. On leaving office in 2001, President Bill Clinton pardoned Mr Rich. The association with Mr Rich, while severed long ago, added to the company’s reputation as a secretive player with “black box” strategies and positions.

Alrosa appointment signals change. Alrosa announced on Tuesday that it has appointed Vasily Grabtsevich as a special senior executive for managing relations between the two controlling shareholders of the company, the federal government in Moscow and the Sakha republic government in Yakutsk. The federal government controls almost 51% of the closed shareholding of Alrosa; Sakha controls 40%. The creation of the new executive post at the vice president level, and the naming of a trusted subordinate of regional president, Vyacheslav Shtirov, indicates the extent to which the new Alrosa CEO, Fyodor Andreyev, is intent on eliminating informal mechanisms and mediators, who have dominated the sensitive inter-government relationship under previous chief executives, Alexander Nichiporuk and Sergei Vybornov. It also appears to be the first public signal that the behind-the-scenes power of Otar Marganya has come to an end, as Alrosa sources have also claimed. Marganya, officially an executive of state bank VTB, was the acknowledged grey cardinal of the company and advisor of the board chairman, Finance Minister Alexei Kudrin. Insiders believe Marganya helped orchestrate the replacement of Nichiporuk with Vybornov in February 2007. Marganya's influence has waned as a result of the ouster of Vybornov in July of this year. Grabtsevich, 59, comes from Belarus, and trained as a civil engineer in the Siberian city of Tomsk. Since 1976, he built almost his entire career in diamond enterprises of the Sakha republic, save for a three-year stint building power stations in Cuba. In 1998 he became deputy head of the Mirny regional government, and from 2002 a senior member of the Sakha government. His rank until this month was first deputy chairman of the cabinet under Shtirov. Andreev's announcement says Grabtsevich "will supervise issues of the interaction between the public authorities of the Russian Federation and Republic of Sakha, and also the licencing of Alrosa."

4 killed in explosion at Osaka chemical plant. Thursday 24th December, 11:55 AM JST. TOKYO. Four men died in an explosion Thursday at a chemical plant in Osaka, firefighters said. The blast occurred at around 8:50 a.m. at a fluorine compound production plant operated by Morita Chemical Industries Co in Osaka’s Yodogawa Ward. Those who died in the blast appear to be Kazuhiro Hayashi, 47, Tomoyuki Kanazawa, 33, Tatsuya Nakatani, 45, and Keisuke Nishida, 30, police said. The explosion occurred when the four workers were cutting away the top of a chemical tank as part of efforts to clean it. The tank stores a toxic chemical material called borontrifluoride. The firefighters said part of the plant’s roof was blown off in the blast. Two of the four victims were found collapsed on the roof of the third floor while the remaining two were found lying on the ground. Morita Chemical Industries, an unlisted chemical maker based in Osaka’s Chuo Ward, said it produces fluorine compounds for industrial use at the plant. The chemicals are used in semiconductor production and as electrolytic solutions for lithium batteries, it said. Usually, fluorine compounds are unlikely to explode, the company said. Founded in 1935, Morita Chemical Industries produces and sells hydrofluoric acids, fluorine compounds and various other chemicals as well as pharmaceutical products, the company said on its website. The plant is located in a housing-industrial complex some 1.5 kilometers north of Shin-Osaka Station, the Osaka terminal of the Tokaido Shinkansen bullet train line.

Insisting speaking with Trichet.

Insisting speaking with Trichet. Some times I think: Really, why I’m such a pain in theirs (i.e. Lancaster’s) arse? Pick up somebody else, and enjoy the ride. Why should I read some nonsense, with which I have nothing to do, and to grind it until break some bone? So what if Willy during the two months was making the ‘sun baths’ in the Caribbean Seas, only to more later (after he was out of assignment), the RN catch the such a big prize? Maybe this is jalousies are killing me when I read that he resolve to sleep below the Friars bridge to make the “Solidarnoscs with potato without trousers”? Or his grandma enjoys too much the heated railway van? But, like the Avatar say: Force be with you… The last days were strain enough. And I know why I was in such pain. It’s was the cement business between the Brazil and Portugal (i.e perestroika defectors which now call themselves the Partido Socialista da Europa, and I insist in call them ongoing piggy faces from Brussels and Strasburg). Exactly at the next day after the COP15 meeting hearing famous by now – the Prince Trust. It’s was that 15 – years old pain, when I, here in this hole, completely lost my mind shouting: The Natural Gassssssss business of 16 billion dollars in Spain – IS MINE! And the english speaking world of Barroso and Miller answering: Nao es nada. O nosso drogado… (I.e. ‘You are nothing, our junk…’). Like this time. Just because exist the untouchable pharaohs… Because we, choosen by the potato, who give us the right to run your affairs, we who could and will to ruin your reputation, we who go to bit in your head, vomit in your mouth, and than don’t give you sleep (it’s was night before Turquoise)… If I don’t put a stop to theirs tyrany. Unnecessary give examples from this night. It’s the environment created through my “instructions” make that young piggy face of the medvedev’s wife, hiding behind the garbitch container below the bridge, (i.e. ‘my Spanish place‘) killing me with her mobile. I call your attention to that hot spot in my ‘walk about’ before. And you know too how the “White steamer brother” died. You also know who make this possible. Necessary to write down cocaine ex-President of Portuguese Republic Jorge Sampaio, the Strasburg’s “assalariado” Mafioso Santana Lopes, from the “Bubble Bum of Paper Tigers of the Pacific kidneys” the our God Trichet with his son, the political adventurist worst than Namibian sranaia churka Putin, - the medvedev? Theirs are not enough for my “New Deal”? Or I am just like that joker joking? If so, you know by yourselves that there’s an element of truth in every joke. More, a sensible souls in the crowd (beside the Willy) could misinterpret my teasing. One thing, my “poor chap” – I have some constructive feedbacks to offer that I haven’t expressing directly yet. However you’d like to s**** my d***. Your highness “What-you-do-to-find-the-job” – I don’t work yet!, or maybe in deed – don’t want to work! It’s yours truths. I just have eyes to read that this “Destiny Empress” – was the Canadian cost-guard ship. Not of the Kate Middleton, even not the Catarina Furrr Tato… With the “luggage” from Columbia, catched by the Natural Gasssss “law pes” and bond for UK. I ASK YOU DIRECTLY: Which Avatar from the names mentioned have a two luxurious legs to be “desde Caraibas ate Pacifico…” (i.e. from the Caribbean until Pacific…” like the barroso/solana swine like to singing. The mister American Airways or the mister Ryanair? The tankers of Cold Turquoise with Uzbekistan flag – you still don’t see?

В Испании задержано судно Береговой охраны Канады с кокаином на сумму 600 миллионов долларов. Tuesday, December 22, 2009 More articles in Аварийность и ЧП. 22 декабря – испанская полиция совместно с Агентством серьезных преступлений и Центром морских операций, при участии Скотленд-Ярда, задержала гидрографическое судно Destiny Empress вблизи побережья Испании. На судне было обнаружено 1.5 тонны кокаина стоимостью почти 600 миллионов долларов. судно пришло в воды Испании с Карибов, почти вся партия, говорят полицейские, предназначалась для дальнейшей доставки в Англию. Банда, организовавшая перевозку, является частью международной преступной сети, связывающей Лондон, Испанию, Карибы и Колумбию. Интересно, что по базам данных Destiny Empress проходит, как гидрографическое судно под флагом Канады, числящееся в составе Береговой охраны Канады. В новостях сообщается, что Destiny Empress – «бывшее судно Береговой охраны Канады». Так бывшее или настоящее? Скорее всего, все-таки бывшее. Гидрографическое судно Destiny Empress – дедвейт 687, постройки 1967, флаг Канада, владелец Правительство Канады.

British, Spanish police seize 1.5 tonnes of cocaine. Tue Dec 22, 3:59 PM. LONDON (AFP) - British and Spanish police seized Tuesday at least 1.5 tonnes of cocaine worth more than 400 million euros from a ship off the coast of Spain in a joint operation, officers said. Spanish police boarded the "Destiny Empress" some 322 kilometres off the Iberian coast and thought to be bound for Britain, police said. The former coastguard boat, which had crossed the Atlantic from the West Indies, was taken to port where officers discovered the drug haul worth 375 million pounds, Scotland Yard said. "The searches revealed a consignment of cocaine stored in the hold - with initial measurements suggesting it totals at least 1.5 tonnes," it said. "It is believed that the vast majority of these drugs were destined for London," it said in a statement. Some five people, including crew members, were arrested, a Scotland Yard spokesman said. The operation involved the Spanish National Police, Britain's Serious Organised Crime Agency and the Maritime Analysis and Operations Centre. Detective Chief Inspector Peter Beyer hailed the seizure as a sign of their commitment to tackling drug trafficking. "I would like to thank Spanish National Police whose excellent work ensured the prisoners and drugs were safely secured," he said.

Speaking with Trichet.

Speaking in “Law pes” about the Turquoise with Trichet apparently was a ‘hustle’ decision. You see by yourself that this only give us a further repercussions. My ‘just around the corner’ merely want to push forward. To give the people information that will help them gain insights. Whatever, who was asking for money?

'Israel gives response to Hamas through German mediator'. Jerusalem Post - ‎27 minutes ago‎. By AP AND JPOST.COM STAFF A Palestinian close to the negotiations said a German mediator carrying a proposal approved by Hamas has also set a Wednesday deadline for Israeli action.
Hustle

Kazakh Police Say Kyrgyz Journalist Thrown From Building. December 21, 2009. Police have said Kyrgyz journalist Gennady Pavlyuk's hands and feet were bound when he was found unconscious after apparently being thrown from the window of a sixth-floor apartment, RFE/RL's Kazakh Service reports. Almaty City Interior Ministry spokesman Yevgeny Lysenko told RFE/RL that Pavlyuk was found in very grave condition on December 16 and he had masking tape around his hands and feet. He is currently in a coma in an Almaty hospital under armed guard. Doctors have said his condition is very grave. Lysenko said Pavlyuk arrived to Almaty from Bishkek on December 16 and was staying at the Kazakhstan Hotel. Omurbek Tekebaev, the leader of the Kyrgyz opposition Ata-Meken (Fatherland) party, told RFE/RL that Pavlyuk was in the party's offices in Bishkek to discuss details of a joint media project before leaving for Almaty. Pavlyuk is a prominent Kyrgyz journalist of Russian origin. He used to work for the "Vecherny Bishkek" ("Evening Bishkek") newspaper and Russia's weekly "Argumenty i Fakty." He is also the founder of the "White Steamer" newspaper and website. Pavlyuk is the third ethnic Russian journalist from Kyrgyzstan to have been attacked or seriously injured in the past two weeks.

Medvedev arrives in Turkmenistan on working visit. 21.12.2009, 23.32. MOSCOW, December 21 (Itar-Tass) -- Russian President Dmitry Medvedev has arrived in Turkmenistan on a working visit at the invitation of its President Gurbanguly Berdymukhamedov. The two presidents will also discuss ways to expand cultural cooperation between the two countries. The agenda of the talks will include, among other things, broader trade and economic cooperation. According to the Kremlin official, “Progress is obvious in the development of multifaceted economic cooperation. Russia is the leading trade partner of Turkmenistan. In 2008, it accounted for 39.2 percent of Turkmenistan’s foreign trade (50.5 percent of export and 16 percent of import).” “A great deal of attention will be given to the fuel and energy sector, which is a priority for both countries,” he said.

Ssspinal injuries.

"El mundo occidental será otro en siete años". 20/12/2009. La crisis puso a prueba al magnate ruso Oleg Deripaska, de 41 años, que por haber sido uno de los más arriesgados fue también uno de los más castigados cuando se desplomaron la industria del aluminio, la construcción y el automóvil, alguno de los sectores de su imperio Basic Element (Basel), con más de 250.000 personas en plantilla. De ser la primera fortuna del país en 2008, según el baremo de Forbes, que le atribuía 28.000 millones de dólares, Deripaska se deslizó hasta el puesto décimo, de resultas de la compra del 25% de Norilsk Nikel por 13.000 millones de dólares, justo antes de que esta empresa minera -la mejor de Rusia- se hundiera en Bolsa. Los pronósticos de bancarrota no se confirmaron. Al contrario. El empresario fue socorrido por el Estado con un préstamo de 4.500 millones de dólares, redujo sus ambiciosos planes de compra y ha logrado un acuerdo para reestructurar 7.400 millones de dólares de deuda con los bancos internacionales. Mientras, el valor de Norilsk Nikel remonta y el empresario Deripaska, más seguro y con una situación financiera más estable, planea la salida de Rusal, la primera empresa de aluminio del mundo, a la Bolsa de Hong Kong.
Relacionado por su matrimonio con la familia de Borís Yeltsin -el primer presidente de Rusia-, Deripaska se crió en un pueblo cosaco al norte del Cáucaso, estudió física en Moscú y tiene fama de duro y obseso por el trabajo. El magnate asegura haber luchado "muy duramente" para "restablecer la ley y la justicia en torno al sector del aluminio y del automóvil" y acabar con "el mundo criminal vinculado con asesinos" que planeaba sobre esas industrias en la última década del pasado siglo. "Así eran los años noventa, pero pudimos restablecer el orden", afirma Deripaska, que niega tener algo que ver con una trama de lavado de dinero por la que Fernando Andreu, juez de la Audiencia Nacional, le citó en Madrid. De España no tiene buen recuerdo. "Hay muchas medusas", exclama en una entrevista a medianoche rodeado de mapas de la madre Rusia en la sede del grupo Basel de Moscú.
Pregunta. ¿Cómo le afectó la crisis?
Respuesta. En lugar de crecer, Rusia ha experimentado una caída de la producción y nosotros tuvimos que congelar y frenar abruptamente muchos programas e inversiones concebidos en función del crecimiento, en el sector del automóvil, en la metalurgia, en la construcción; porque producíamos con exceso para la demanda de fines de 2008 y principios de 2009. Ahora la situación se ha estabilizado. Redujimos gastos, rebajamos precios y nos sentimos bastante seguros.
P. ¿Cuánto durará la crisis?
R. Tres años como mínimo. La crisis lo ha cambiado todo, y en primer lugar el modelo anglosajón de consumismo. La gente calculará de otro modo sus gastos, cuántos metros cuadrados de vivienda, cuántos coches. El mundo occidental será otro dentro de siete años.
P. ¿Ha tocado fondo el paro en Rusia?
R. Creo que el paro continuará aumentando medio año como mínimo, siendo optimista y si la producción se estabiliza, lo que parece ser el caso. Las empresas eficaces, capaces de responder al desafío de la crisis, ya han encontrado el modelo con el que pueden trabajar.
P. En su empresa de producción de componentes de cemento en Pikalevo, en la región de Leningrado, encerraron a una sindicalista en un despacho para que no hiciera preguntas molestas al jefe de Gobierno, Vladímir Putin, cuando éste protagonizó un programa en directo en televisión. ¿Por qué?
R. [Llama por teléfono, aparentemente para enterarse]. La gente simplifica y cree que vendrá un buen zar y decidirá por ellos. Yo intento explicarle que nadie va a decidir por ellos. Estoy en contra de las organizaciones colectivas (como los sindicatos) porque considero que en nuestras condiciones hacen disminuir la responsabilidad y la gente, en lugar de aceptar su propia responsabilidad, intenta utilizar estas instituciones para transferirlas a otros. Se ha simplificado el paso del socialismo a la economía de mercado. En una época muy bella y alegre, [Ígor] Gaidar (el economista y político ruso que lideró la transición a la economía de mercado) acabó con el sistema planificado en un día y no creó nada para sustituirlo, y lo que entonces parecía una ingenuidad se ve ahora como una idiotez. En China se puede ver cómo se hacen las cosas y cómo se crea sin destruir. Cuando recordamos a los líderes de los noventa desde la perspectiva actual, comprendemos que no pudieron crear nada y que apartaron a la gente del analisis sobrio y de la búsqueda de las soluciones correctas. Hablo de los populistas, de los que sin experiencia alguna llegaban al poder y destruían la infraestructura creada durante décadas. La transición se hizo de forma irreflexiva. Toda la perestroika, comenzada por Gorbachov y los dirigentes comunistas, fue una aventura. Primero tendrían que haber modificado las relaciones económicas, porque la gente sufrió mucho y sufre hasta ahora.
P. ¿Acaso no tiene responsabilidad Borís Yeltsin?
R. Yeltsin fue un constructor con una experiencia fenomenal, que entendía el país y hacia donde iba éste. Creo que pasarán 10 años antes de que la gente comprenda lo que se hizo y valore que la transición se hizo sin sangre.
P. ¿En qué se diferencia la economía rusa de otras en Occidente?
R. El mercado financiero es muy débil y el alto coste de los capitales y recursos crediticios frena el desarrollo.
P. Usted reprocha al Gobierno ruso no invertir en infraestructuras.
R. El Gobierno tiene una política presupuestaria muy severa y lucha contra el déficit. Es un error, porque el desarrollo de la infraestructura, carreteras, aeropuertos, ferrocarriles, crearía empleo y nos permitiría un alto ritmo de crecimiento. Tenemos muchas posibilidades de atraer inversiones a estas ramas. El mundo viaja y las rutas entre Corea o Japón y Occidente son hoy muy largas. Hay que desarrollar infraestructura a través de Rusia, reforzar el ferrocarril, aumentar la velocidad.
P. ¿Qué piensa del fomento de la emigración interna para combatir el paro en Rusia?
R. Estoy a favor, pero hay que construir primero. Aquí no hay movilidad regional porque faltan viviendas vacías y la gente no puede desplazarse de una región a otra. Primero hay que estimular la construcción de viviendas, sobre todo en aquellas regiones donde los recursos laborales son deficitarios. Construimos un nuevo complejo industrial en Bogushán, en Siberia, donde hay trabajo para decenas de miles de personas y dentro de 12 años tendremos una nueva ciudad de 70.000 habitantes. Es un proyecto complejo con una inversión de más de 12.000 millones de dólares. En Francia o España es más fácil.
P. ¿Representan los chinos un peligro de expansión demográfica para Siberia?
R. A los chinos les gusta el Sur. No les atrae el frío de Siberia.
P. ¿Frena la corrupción el desarrollo económico de Rusia?
R. No se puede vencer la corrupción con palabras. Hay que mejorar la calidad del funcionariado estatal, crear un funcionariado de carrera, hacer que la gente pueda alcanzar puestos directivos con concursos de ascenso. El mejor sistema es el francés. Con la Universidad de Moscú, la Academia de Ciencias y la Escuela Nacional de Administración de Francia (ENA), hemos creado una escuela que preparará cuadros nacionales. Lo primero debe ser la responsabilidad y un sistema moral de obligaciones. Ningún sistema de castigo dará resultado positivo. Se necesita tiempo. No se puede vencer la corrupción en uno o dos años con una campaña. Además, para luchar contra la corrupción habría que trasladar la capital a Yekaterinburg, a Novosibirsk. Pedro I tuvo que huir de Moscú porque los gastos de la burocracia, incluso en su época, eran una carga para el desarrollo.
P. Antes de la crisis, usted era muy expansivo en sus compras internacionales. ¿Revisará esa estrategia?
R. Para acelerar los ritmos de desarrollo necesitamos acceso a la tecnología y asociarnos con compañías occidentales. Todo lo que hacemos lo hacemos por Rusia, nuestras inversiones en el extranjero son para resolver nuestros problemas internos. Como grupo industrial podemos desarrollarnos durante cien años sin salir de Rusia.
P. ¿Qué cualidades aprecia en Putin, y en el presidente ruso Dmitri Medvédev?
R. Putin persigue objetivos y trabaja intensamente. A Medvédev lo conozco menos, pero es una simplificación creer que Medvédev y Putin nos indican cómo respirar. Nuestro país es mucho más libre que otras democracias desarrolladas. Si quieres, puedes irte a conquistar Siberia, puedes trabajar y realizarte.
P. ¿Está afiliado a algún partido político?
R. No. Si quiero cambiar algo, lo hago sin partido político.
P. ¿Tienen rasgos comunes los oligarcas rusos?
R. Crecí en un pueblo del sur de Rusia y mis profesores me enseñaron el amor a las matemáticas, la física, la literatura, a pensar y a desarrollarme. Fui a la universidad, hice el servicio militar. Jodorkovski (el ex dirigente de la petrolera Yukos, hoy en prisión), por ejemplo, no hizo el servicio militar y me gustaría saber por qué, y tampoco tenía muy buenas notas. Al volver de la mili, me dijeron que no podían financiar mis investigaciones fundamentales y que me buscara la vida.
Un oligarca es el que utiliza a las instituciones de poder, pero yo a estas instituciones sólo las ayudo y no les pido nada. Si hay que resolver un problema en una fábrica o desarrollar una región, lo hago. Lo único que quiero es que el país se desarrolle y cuanto antes mejor, porque la gente nota que la vida desde la desintegración de la URSS ha empeorado, aunque eso tiene que ver con ellos mismos, porque hasta ahora viven en un mundo paternalista pensando que las cosas les tienen que caer del cielo.
La prensa occidental mide con el mismo rasero a los oligarcas y los asocia con villas y yates, pero hay quien trabaja y hay quien, siendo miembro de las Juventudes Comunistas, buscó el amparo de un buen tío que se lo regaló todo. La prensa no diferencia entre los que trabajan 20 horas al día y tratan de crear algo, y los que lo recibieron todo hecho.
P. Dicen que a usted le gusta la filosofía japonesa.
R. Me gusta el enfoque japonés de la vida y su constante anhelo de perfeccionamiento. El modelo norteamericano está basado en el logro del beneficio a cualquier precio y Rusia es un país cristiano por donde el comunismo pasó con los tanques. En el siglo veinte mi país perdió casi 80 millones de personas, las más activas, pero dos décadas después del fin del comunismo, aún se le hacen constantes reproches. Veremos qué pasa dentro de 30 años, aquí y en Occidente. El tiempo dirá si Rusia puede reencontrarse a sí misma y esto depende en gran parte del éxito económico y de la rapidez en crear condiciones para una vida cómoda.

Mid-air plunge injures 20 on Emirates flight to Durban. Monday, 21 December 2009. An Emirates Airbus A330 en-route to South Africa suddenly experienced a mid-incident injuring 20 passengers on board when the aircraft suddenly went into a plunge.Media reports have recorded eye-witnesses on EK775 from Dubai to Durban reporting a ten second plunge in severe turbulence before the crew were able to get the aircraft back in control. 20 passengers were injured, while 12 were treated on scene, eight were sent to local hospitals with four serious injuries. Three of the hospitalised had spinal injuries while one passenger’s hand was broken. In a statement, Emirates contradicted the claims that the plane dropped for a ten-second window, saying “EK775 from Dubai to Durban encountered a two-second period of severe turbulence prior to descent into Durban. The fasten seatbelt sign was on at the time.” The Civil Aviation Authority of South Africa is currently investigating the incident on the Emirates Airbus A330-200, the same aircraft that was involved in the Air France AF447 crash into the Atlantic Ocean earlier in June this year. Airbus A330s have been investigated over their pitot probes, used to measure airspeed, as it’s now come to light that some probes were not withstanding high-altitude ice crystals and in turn reducing the pilot’s control of the airplane. Emirates is currently not commenting on what caused the mid-air disturbance.

Bank creditors hold Dubai World talks. By Jorge Simeon in Dubai. December 21 2009 10:50
Representatives of more than 90 Dubai World bank creditors on Monday attended the first face-to-face meeting between the company and its banks since it told them to prepare for the restructuring of the $22bn in debts needed to keep it out of the insolvency courts. Creditors were meeting a six-strong co-ordinating committee, including HSBC andRBS, to hear Dubai World sketch out plans for its restructuring, now that troubled developer Nakheel’s $4.1bn obligation on December’s sukuk will be paid off thanks to a $10bn bail-out loan from Abu Dhabi. To meet the government’s terms for further support on the remaining $5.9bn bail-out, Dubai World was expected to ask creditors to freeze debt repayments until May next year. That coincides with maturity on a tranche of its largest single debt, a $5.5bn bilateral loan. But a formal standstill request might not be made at Monday’s meeting. Aidan Birkett, Dubai World’s chief restructuring officer, was expected to lead discussions, but people close to Dubai World said it was too early to expect it to yet have anything substantial to tell the banks. Most creditors have welcomed the calming effect of settling Nakheel’s sukuk, but some believe doing so might mean bank creditors wait longer to be repaid. It is understood the government may help pay back the $1.7bn in Nakheel bonds maturing in 2010 and 2011, but one person involved in the restructuring said the company could still exchange them for new, longer-term securities. Another banker said: “Some banks aren’t happy about the bond being repaid but then when you say, ‘Would you rather Dubai World go into bankruptcy?’ their response is no.” Banks will hope for pledges that Dubai World will continue to pay interest so they can avoid booking exposure as non-performing loans, which would have a significant impact especially on local lenders. Creditors say they expect some indication of how much money the government can pump into the holding company and its subsidiaries, as well as an indication on expected asset sales, if the banks are to take the longer-term view and roll over loans. The introduction of a specialised bankruptcy law for Dubai World is a reminder to creditors that the end-game is a court-driven insolvency process, but the new laws give bank creditors some leverage. If two-thirds of the banks agree to a plan, they could apparently use the court to implement it over the objections of subordinated creditors. Some assets, such as Inchcape Shipping Services, are expected to make a quicker sale than the group’s global real estate assets, many of which are laden with too much debt to recover any equity value until markets recover. Abu Dhabi, which is expected to keep a tighter rein on the bail-out cash, should get first refusal on any asset sales as part of the bargain behind the $25bn of aid extended to Dubai from various institutions in the capital.

Wha’ever - ‘Law pês’.

Wha’ever - ‘Law pês’. They say (i.e. the f*** Almohads) that the Rainha Isabel go to shepherding me to the Europe (i.e. to the future of our civilization). And this all night long. I know very well the cocaine ex-president of Portuguese Republic Jorge Sampaio too much well, to know from where this shepherding comes. For this reason was explaining inside of my possibilities, inside of my “Roda de Fortuna” to showing to the World os culhões de Governo. It’s how the camels’ whores call the Santana Lopes. (Don’t ask me why, just see the advertise for Serf detergent. Where the ongoing piggy ‘without the trousers’ taking a “mergulho”… And than decide to whom wash mouth with what.). Unilever is a multinational corporation, formed of British and Dutch parentage, that owns many of the world's consumer product brands infoods, beverages, cleaning agents and personal care products. Unilever employed 174,000 people and had a worldwide revenue of €40.5 billion in 2008.Unilever is a dual-listed company consisting of Unilever NV in Rotterdam, The Netherlands and Unilever PLC in London, United Kingdom. This arrangement is similar to that of Reed Elsevier, and that of Royal Dutch Shell prior to their unified structure. Both Unilever companies have the same directors and effectively operate as a single business. The current non-executive Chairman of Unilever N.V. and PLC is Michael Treschowwhile Paul Polman is Group Chief Executive. Unilever's main competitors include Procter & Gamble, Nestlé, Kraft Foods, S.C. Johnson & Son, Reckitt Benckiser and Henkel.). In my side, just go to limit my Santa spirit with ‘preparation’ for upcoming events. Offering you my special (only for you) present that will make someone I care about (A PRETO) feel very special. But Trichet, remember, you don’t pay me – I finish with you.

LSE buys Turquoise share trading platform. Published: December 20 2009 14:29 | Last updated: December 21 2009 08:35. The London Stock Exchange has never to date offered trading in shares across Europe. But that is set to change as exchanges and smaller trading platforms fight for survival in a region beset with low trading volumes and stiff competition. The 208-year-old LSE on Monday confirmed a deal to absorb Turquoise, a platform set up just over a year ago by nine of the world’s largest banks in an attempt to force the London bourse to lower its fees. The merged entity will be 60 per cent owned by LSE and 40 per cent by existing Turquoise shareholders. The LSE said it intended to broaden equity participation in the new venture by selling up to a further 9 per cent stake to “other interested parties”, but will retain a majority shareholding in the new venture. Xavier Rolet, LSE chief executive, said in a statement: ”The European marketplace for trading securities has scope to become more efficient and to grow significantly in the coming years. Turquoise’s existing pan-European footprint is a strong proposition and together with the introduction of new trading technology and a neutral structure, we believe it is now well positioned to be an agent of change and to capture a healthy slice of the market’s growth potential.” The LSE said the deal would lead to “significant” cost savings, although it is expected to be dilutive in terms of adjusted earnings per share in the 2011 financial year while the Turquoise and Baikal businesses are combined and developed, and positive from 2012. The exchange will incur exceptional costs of up to £20m in the current financial year, comprising the write-off of legacy technology costs, and other restructuring and integration costs, including contract exit costs It is a remarkable turn of events for a venture that was propelled into existence by the banks’ frustration at the LSE’s reluctance to cut fees or improve services for its biggest customers – those same banks. Taking advantage of reforms by the European Commission in 2007 allowing competition between share trading platforms across the region, the banks launched Turquoise, that was cheaper and faster than the LSE. But the financial crisis turned that upside down. Turquoise captured more than 8 per cent of trading in FTSE 100 stocks at its height, but never made money. European share trading volumes have been pushed lower by the crisis and stayed there, even as indices have been buoyant. The banks, their balance sheets battered, no longer want to fund Turquoise. Mr Rolet has been trying to mend relations with the banks, and relieving them of Turquoise is a step in the right direction. Christopher Morris, director of Aequitas Associates, a consultancy, said: “It is rebuilding goodwill with the banking community that will be the most valuable asset.” The original Turquoise shareholders were UBS, Morgan Stanley, Goldman Sachs, Credit Suisse, BNP Paribas, Société Générale, Deutsche Bank, Merrill Lynch and Citi. Turquoise consists of two types of trading platform. The “lit” order book is where shares are traded largely as they are on the LSE’s public order book, with prices displayed before trades are done. The “dark pool” is where trades are done away from the public order book and prices posted post-trade. This dark pool is to be merged with the LSE’s own nascent dark pool. The LSE thinks that as regulatory scrutiny of dark pools increases on both sides of the Atlantic, there is scope for it to develop a “neutral” pan-European dark pool. Acquiring the “lit” pan-European order book of Turquoise will enable the LSE to compete with NYSE Euronext on continental Europe, and with Deutsche Börse. The German exchange operator recently launched its own pan-European share trading platform called Xetra International Markets, which is expected to expand into the UK early next year. The LSE will make up to £25m in investment over two years. Shares in the LSE opened 1.7 per cent higher to 730p.

Detained in Thailand aircraft was to deliver weapons to Iran. 9:54, — Politics. 21.12.2009. Weapons from North Korea found on the IL-76 aircraft with a Belarusian among crew members was bound for Iran. The American Wall Street Journal wrote about this on Monday. According to the paper, arms-trafficking experts from the US and Belgium managed to get the flight’s plan. The document shows that “after Bangkok the plane was due to make refueling stops in Sri Lanka, the United Arab Emirates and Ukraine before unloading its cargo in Tehran”. Iranian representatives haven’t responded to requests for comments, Interfax reports. “The flight plan indicates that en route to Pyongyang the plane stopped at an air force base in Azerbaijan; the nature of that stop is unclear,” the paper writes. The information is presented in a joint draft report by analysts at TransArms, based in Chicago, and the International Peace Information Service, or IPIS, of Antwerp, Belgium. “Thai officials say they have received little information from the plane's crew (citizens of Kazakhstan and Belarus). The crew say they were told the cargo was oil-drilling equipment and have denied knowing there were weapons aboard,” the Wall Street Journal informs. “A question still unanswered is who organized the weapons shipment. It appears the planners went to great lengths to hide their identities,” the paper stresses. As charter97.org reported earlier, foreign mass media offer different versions of the arms origin found on board of Ilyushin-76 aircraft detained in Thailand on December 12. The Guardian, a British daily newspaper, with a reference to its Ukrainian sources states that the plane originally set off from Belarus. It stopped for refueling in Kyiv before flying to North Korea. The newspaper notes that 40 tons of weapons and ammunition were loaded in Pyongyang. As Times Online reports with a reference to Hugh Griffiths, a weapons expert at the Stockholm International Peace Research Institute, or SIPRI, before spring 2009 Il-76 4L-AWA was owned by Kazakh private aircraft company East Wind. Then it was bought by another Kazakh company Beirbas, connected with Serbian arms trafficker Tomislav Damnjanovic. In October this year the aircraft was sold to Georgian company Air West Georgia, and from it was leased by SP Trading Ltd registered in New Zealand. Grifiths states that earlier the plane was owned by one of firms controlled by Viktor Bout, Russian arms dealer who is in Thai prison now.

Zon e Isabel dos Santos poderão avançar juntos para outros países africanos. O acordo com Isabel dos Santos para a entrada da empresária angolana no capital da Zon pode ser um primeiro passo para uma estratégia de internacionalização conjunta no mercado africano. O acordo com Isabel dos Santos para a entrada da empresária angolana no capital da Zon pode ser um primeiro passo para uma estratégia de internacionalização conjunta no mercado africano. Rodrigo Costa, presidente da Zon, admitiu, num encontro com jornalistas, que decorrerão mais conversas com a accionista "no sentido de estabelecer estratégia internacional para o continente africano". Rodrigo Costa não avançou mais pormenores. Mas José Pedro Pereira da Costa, administrador financeiro da Zon, lembrou que o satélite contratado cobre vários países da África Austral, desde o Congo à África do Sul. Num encontro com jornalistas, Rodrigo Costa adiantou que o arranque da operação da Zon em Angola, com Isabel dos Santos, no serviço de televisão por subscrição via satélite deverá acontecer no início do próximo ano.

I wrote in 20.12 which number is magic.

I wrote in 20.12 which number is magic, whether for business or pleasure… Whether it is for Yin or for the Yang. Even when this is for Bert and Ernie. Ask the Elizabeth the II if we all live not in the same street. Not ask too much to read to the end and than – to don’t “spread” too much…

Mais brasileiros na corrida pela Cimpor. 21/12/09 00:05. A Camargo Corrêa está a estudar uma proposta de compra da Cimpor depois da OPA da CSN. De todos os potenciais interessados em opor-se à OPA lançada pela CSN sobre a Cimpor, o principal rival parece vir também do Brasil. O grupo Camargo Corrêa, um antigo interessado no controlo da cimenteira nacional - na última fase de privatização da empresa, em 2000, desenvolveu diversos contactos com o Governo português de então nesse sentido - está cada vez mais na linha da frente da reacção a este raide de surpresa da CSN.

German teacher stabbed by obsessed pupil. A German teacher was stabbed to death by a obsessed former pupil who placed a GPS tracking device on her car to follow and then kill her. Published: 5:00PM GMT 20 Dec 2009. Chemistry mistress Heike Beyermann, 35, was stabbed 20 times by Gero Schmidt, 21, in the town of Osterholz-Scharmbeck, near Bremen. She was yards from her front door when he struck and a passer-by who came to help was unable to save her. Police said the man had wanted to ask "several thousand questions" of his former teacher and declared his love for her before he attacked. "She had spurned his advances but he was a strange loner, totally obsessed by her," said police. Miss Beyermann was "beloved of her pupils" at a high school in the town where she lived and had previously contacted police because she feared he might try to kill her. A police search of his home at the time turned up gunpowder and fireworks but police felt they had nothing "substantial" to lay charges against him. Schmidt, a corporal in the German army, called police after the murder on Friday and then waited to be arrested. State prosecutor Uwe Picard said he gave his name and spoke lucidly during the call, telling police: "I've killed someone. I've put down my weapon. Please pick me up." During his interrogation, he said he had prepared several questions on various topics which he wanted to put to his former teacher. He told police how he had fixed a GPS tracking device to the teacher's car at about 10am on Friday and used it to follow her to the car park near her home where he confronted her. He also told detectives he had her under surveillance "for some time".

Brittany Murphy's death 'natural'. Posted 44 minutes ago. Updated 30 minutes ago. The sudden death of American actress Brittany Murphy "appears to be natural", the Los Angeles County Coroner says.
Tributes are flowing for the actress, who died of a heart attack earlier today, aged 32. The Los Angeles Times said Murphy, who starred in such films as 8 Mile and Just Married, was pronounced dead at Cedars-Sinai Medical Centre after going into cardiac arrest. A spokesman for the Los Angeles City Fire Department says officers responded to an emergency call at Murphy's home in West Hollywood at 8.00am (local time).
Murphy's mother, Sharon, discovered the star slumped unconscious in a shower at her home before her husband called emergency services, entertainment website TMZ.com reported. Stars pay tribute: Murphy made her breakthrough in the 1995 feature comedy Clueless, playing a frumpy schoolgirl who gets a makeover from Alicia Silverstone's character. Her last big movie was Sin City. Murphy seemed destined for big things in the 1990s, thanks to roles in such films as the satires Clueless (1995) and Drop Dead Gorgeous (1999), as well as in Girl Interrupted, for which Angelina Jolie received an Oscar in 2000. She appeared opposite Michael Douglas in the 2001 thriller Don't Say A Word, and played Eminem's love interest in the 2002 hit 8 Mile. The following year, she co-starred with Ashton Kutcher in the romantic comedy Just Married and with Dakota Fanning in Uptown Girls. But the movies failed to generate much commercial or critical heat. Murphy enjoyed more enduring success on the small screen, providing the voice of the vacuous Texan Luanne Platter in the cartoon series King of the Hill. She also voiced a penguin in the 2006 box office hit Happy Feet. Murphy was born in Atlanta on November 10, 1977, and raised in New Jersey. Accompanied by her mother, she moved to Los Angeles in the early 1990s in hopes of stardom.

Eurostar runs test trains in Channel tunnel but no passenger service. guardian.co.uk - ‎1 hour ago‎. Passengers wait at St Pancras station in London after Eurostar train services were thrown into chaos. Photograph: Tim Ireland/AP After three days of travel misery on Channel rail services.

Image: "In the park, an elderly woman flying a kite"

Cold Turquoise.

Turquoise is an equities trading platform (Multilateral trading facility or MTF), created by nine major investment banks.
A Multilateral Trading Facility (or MTF) is a multilateral system, operated by an investment firm or a market operator, which brings together multiple third-party buying and selling interests in financial instruments - in the system and in accordance with non-discretionary rules - in a way that results in a contract in accordance with the provisions of Title II of MiFID.1
The formation of an MTF is one of several actions that aims to improve the entrepreneurial environment and ease the access of small and medium sized enterprises to capital through newshare, bond and rights issues.2
In the European Union, there are several MTFs:
POSIT, a pure dark-pool MTF operated by ITG, launched in 1998.
Chi-X, launched in March 2007.
Project Turquoise, launched in August 2008.
Equiduct-Berliner Börse (under project en 2008).
NASDAQ OMX Europe, launched in September 2008.
Bats Europe, launched in October 2008.
NYSE Arca Europe, launched in March 2009.
Burgundy Nordic, to be launched first week of May 2009.
QUOTE MTF - launched 4th September 2009.

The consortium hopes the system will provide dealing services at a 50% discount to traditional exchanges.[1] It is a hybrid system that allows trading both on and off traditional exchanges.[2] The system is advertised as a "pan-European platform that will be based in London."[1]
The banks involved are: BNP Paribas, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, Merrill Lynch, Morgan Stanley, Société Générale and UBS. The group have selected EuroCCP to provide clearing and settlement services.[3] [4] The group selected Sweden's Cinnober as its trading platform. Turquoise developed a real-time market surveillance system "to capture breaches of trading rules and root out market irregularities." The system is based on the Progress Apama Complex Event Processing (CEP) Platform.[5]
A conceptual description of CEP: Examples of events include church bells ringing, the appearance of a man in a tuxedo with a woman in a flowing white gown, and rice flying through the air. A complex event is what one infers from the simple events: a wedding is happening. CEP is a technique that helps discover complex, inferred events by analyzing and correlating other events: the bells, the man and woman in wedding attire and the rice flying through the air. There are many commercial applications of CEP including algorithmic stock trading, credit card fraud detection, business activity monitoring, and security monitoring[1]. New applications of CEP are emerging as technology vendors find new uses.

LSE set to announce Turquoise deal. LONDON (Reuters) - The London Stock Exchange (LSE.L) is close to agreeing a deal to take control of loss-making trading platform rival Turquoise, The Sunday Telegraph reported, citing sources close to the deal. It is understood LSE, which declined to comment, will take a stake close to 60 percent in the platform and will invest 20 million pounds ($32.4 million) in a deal that could be announced as soon as Monday, the newspaper said. LSE, which said it was in exclusive talks with Turquoise in October, plans to merge its own "dark pools" trading platform Baikal into the business, sources previously told Reuters. Dark pools -- venues for trading shares anonymously away from a stock exchange -- have been gaining market share from bourses, and have sparked concerns from regulators about poor market transparency. Turquoise was launched last year by a group of nine investment banks frustrated by the LSE's refusal to cut fees. While loss-making, it gained about a 7 percent market share. Citi (C.N), Goldman Sachs (GS.N), Credit Suisse (CSGN.VX), Deutsche Bank (DBKGn.DE), BNP Paribas (BNPP.PA), UBS (UBSN.VX), Merrill Lynch (BAC.N), Morgan Stanley (MS.N) and Societe Generale (SOGN.PA) all back Turquoise.

Right in spot.

Right in spot. I sleep well, however, at the morning coffee the conversation gone very dull. Gaidar and his friends was proposing to me a new theme to “finishing” with Berlusconi. Seeing me like a kind of leader of some organization specialized in this kind of ‘International Consulting”. (Good laugh, because I see very clearly bonuses from City). Was well humored enough to answering ‘them’ roughly in this terms; It’s all what you say is about the teamwork. And today (20.12) the universal tendency, like I see it, are stretching out towards the disagreement. That doesn’t mean no one can ever agree on anything, but it may mean that we have to wait for consensus. In other hand, if everyone in the group seems to be agreeing with what I say a little too quickly – I don’t trust, and should take MORE TIME to talk to each mass separately. For seems too, that some of you would like to express your opinion in a more personal “setting”. Well than, what will be for me? And when I start believing in Santa? Take a close look and agree that everything seems to be in right “spot”.

Iraq, Shell ink deal on supergiant Majnoon field. 6:45am EST. BAGHDAD, Dec 20 (Reuters) - A group led by Royal Dutch Shell , Europe's largest oil company, signed a deal to develop Iraq's Majnoon supergiant oilfield, pledging to spend tens of billions of dollars on the project over the next two decades. Shell, along with Malaysia's state-run Petronas [PETR.UL], won the rights to Majnoon, a major prize near Iraq's southern oil hub of Basra, in an energy auction earlier this month. Mounir Bouaziz, a vice president of Shell Gas and Power, and Abdul-Mahdy al-Ameedi, deputy director of the Iraqi Oil Ministry's licensing office, signed the initial agreement in downtown Baghdad on Sunday. It must now be sent to the cabinet for approval. Bouaziz said the investment over the life of the 20-year deal would be "tens of billions" of dollars. "When the cabinet give agreement to the contract, and the final contract is officially signed, we will start immediately. We know the area, and we have been coming to Basra for more than a year and a half," he told reporters after the signing. Shell is waiting for final approval of a natural gas deal also located in southern Iraq, which it will take on in partnership with Mitsubishi <8058.T>. Then there is Exxon Mobil and Shell's initial deal for West Qurna Phase One, a field left over from an initial bidding round that concluded in June. That field has reserves of an estimated 8.7 billion barrels. Majnoon is even bigger. With a whopping 12.6 billion barrels, Majnoon is one of the world's largest untapped fields. Iraq is hoping a host of deals in the works will turn it into a major world energy player and increase output capacity to 12 millon barrels a day (bpd) in six or seven years, putting it close on the heels of global leader Saudi Arabia. Output now stands around 2.5 million bpd as the industry struggles to overcome the legacy of continuous war, sanctions and underinvestment over decades. Oil officials have been in a triumphant mood since the Dec. 11-12 auction, which awarded seven contracts to foreign firms. For Majnoon, the Shell group proposed a per-barrel remuneration fee of $1.39 and pledged to increase output to 1.8 million bpd from a current production level of 45,900 bpd. Shell has a 60 percent stake in the consortium, while Petronas holds 40 percent.

Iraq Oil Pipeline to Turkey’s Ceyhan Port Damaged in Explosion. Dec. 20 (Bloomberg) -- Iraq, holder of the world’s third- largest crude reserves, shut its northern export pipeline to Turkey for the third time in two months after an explosion damaged the link. The pipeline connecting the Ceyhan oil export terminal was sabotaged about 180 kilometers (112 miles) north of the capital Baghdad at about 8:30 p.m. local time yesterday, Oil Ministry spokesman Asim Jihad said today. Iraq’s crude exports fell in October to about 1.88 million barrels a day from 1.96 million barrels a day in September after an attack on the pipeline shut the link for about a week. Exports rose to about 1.93 million barrels a day last month. Iraq, dependent on oil for most government revenue, is seeking foreign investors to help boost crude production after six years of conflict and prior sanctions destroyed its infrastructure. The country completed two bidding rounds for oil development rights this year.

Польща готова заблокувати погоджений договір з Росією щодо газу. Сьогодні, 13:25 • Економіка. Лідер Польської селянської партії (PSL) і заступник прем'єр-міністра Польщі Вальдемар Павляк повідомив, що погоджений минулого тижня новий газовийдоговір із Росією може бути заблокований, якщо національні газові компанії країн не вирішать низку спірних питань. Зокрема Павляк вимагав сплати "Газпромом" близько 100 млн доларів боргу за транзит російського газу, надання документа про нові тарифи транспортування газу із РФ по польській території й зменшення ціни на газ для Польщі. На його переконання, "немає підстав для того, щоб завершити міжнародну процедуру доти, поки не будуть погоджені PGNi і "Газпромом" гарантовані для Польщі вигідні умови колишніх і майбутніх розрахунків". "Заблокую ратифікацію газового договору із РФ, поки PGNi і "Газпром" не вирішать спірні моменти", - додав він. До того ж Павляк заявив про "саботаж" серед польських переговірників, деякі з яких надавали не точні дані під час переговорів з росіянами. Цікаво, що тільки Павляк може подати формальну заявку на затвердження погодженого після майже року переговорів з росіянами нового договору про поставки газу в Польщу. Нагадаємо, що 10 грудня польська влада заявила про завершення газових переговорів з російською стороною й плановане на найближчий час їх затвердження на урядовому рівні.

Bolsa do Dubai afunda 2,6% com pressão da banca. 20/12/09 11:22. O medo voltou às praças dos Emirados Árabes Unidos. Os investidores temem que o problema das dívidas do Dubai corte os lucros dos bancos. "A perspectiva económica ainda é incerta e não sabemos como é que o problema da dívida do Dubai vai afectar os resultados dos bancos", comentou Chamel Fahmy, da Beltone Securities Brokerage, no Dubai, citado pela Bloomberg. O índice DFM da bolsa do Dubai perdeu 2,6% para 1.831,41, um mínimo de duas semanas. Com a queda de hoje, o índice acumula perdas de 13% desde o passado dia 25 de Novembro, quando a ‘holding' estatal Dubai World e uma sua subsidiária do ramo imobiliário propuseram aos credores adiar o pagamento das suas dívidas até Maio de 2010, o que levantou a hipótese do emirado do Dubai entrar em ‘default' e de toda a região do Golfo enfrentar problemas de liquidez. No mesmo sentido, o índice ADX de Abu Dhabi desceu 0,9% para 2.749,08 pontos. O sector financeiro foi o que mais pressionou as bolsas dos Emirados Árabes Unidos. O National Bank of Dubai tombou 3,5% e o Dubai Islamic Bank resvalou 2,9%, depois de o Goldman ter recomendado ‘vender' ambos os papeis. Também o National Bank of Abu Dhabi desvalorizou 2,7%. O emirado de Abu Dhabi, a capital dos Emirados Árabes Unidos e dono de 8% das reservas mundiais de petróleo, avançou na semana passada com dez mil milhões de dólares (cerca de 6,8 mil milhões de euros) para evitar que a Dubai World entrasse em incumprimento. A medida surgiu no dia em que venciam 4,1 mil milhões de dólares em obrigações emitidas pela ‘holding' estatal.