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Rusal shares plunge on Hong Kong debut

UC Rusal, the aluminium group controlled by Russian oligarch Oleg Deripaska, on Wednesday fell sharply on its Hong Kong trading debut following the company's long struggle to come to market.

27 2010 | Viewed: 620 | News / Theme of day | Read full
World Economic Forum Annual Meeting 2010

Davos-Klosters, Switzerland 27 - 31 January

Improve the State of the World: Rethink, Redesign, Rebuild

26 2010 | Viewed: 1 552 | News / Theme of day | Read full
The Initiative for Policy Dialogue (IPD) and Berkeley Electronic Press (bepress) are pleased to announce the launch of a new peer-reviewed journal

Edited by the leading figures in development economics and globalization - Jos Antonio Ocampo (Columbia), Dani Rodrik (Harvard), Joseph Stiglitz (Columbia), and M. Shahe Emran (George Washington University) - Journal of Globalization and Development sets the agenda for the future of studies in these rapidly evolving fields. The journal brings together academic research and policy analysis on globalization, development, and in particular the complex interactions between them, to stimulate a creative dialogue between theory and practice, incorporating views from academics and practitioners in a variety of disciplines.

25 2010 | Viewed: 2 194 | News / Theme of day | Read full
UPDATE 2-Kazakhstan cuts 2010 economic growth forecast

ASTANA, Jan 22 (Reuters) - Kazakhstan, its economy slowly recovering from the global economic downturn, cut its 2010 growth forecast on Friday after recording better than expected results for 2009.

25 2010 | Viewed: 717 | News / Theme of day | Read full
Obama hammers Wall Street banks

The global banking industry was thrown into turmoil on Thursday afterPresident Barack Obama, responding to publicrage over the financial crisis, proposed the most far-reachingoverhaul of Wall Street since the 1930s.

22 2010 | Viewed: 659 | News / Theme of day | Read full
Obama threatens fight with banks on new risk rules

WASHINGTON (Reuters) - U.S. President Barack Obama threatened to fight Wall Street banks on Thursday with a new proposal to limit financial risk taking, sending stocks and the dollar tumbling.

22 2010 | Viewed: 612 | News / Theme of day | Read full
Lugar, Cardin: U.S. should follow Norways transparency example

WASHINGTON-U.S. Senators Dick Lugar (R-IN) and Benjamin L. Cardin (D-MD) commended the government of Norway for being the first OECD country to publicly disclose its oil and gas revenues as a member of the Extractive Industries Transparency Initiative.Lugar and Cardin called for the U.S., which is currently a supporting country, to become an implementing member of the Extractive Industries Transparency Initiative (EITI) as a step toward renewed U.S. leadership on transparency in the management of oil, natural gas, and minerals.

22 2010 | Viewed: 904 | News / Theme of day | Read full
Revenue Watch Commends Norway for Landmark Step in Transparency Reporting


Thursday, January 21, 2010

NEW YORK--The Revenue Watch Institute congratulated Norwegian officials and transparency campaigners today as the nation's Extractive Industries Transparency Initiative (EITI) issued its first report, publishing all payments of taxes and fees made by oil companies to the government in 2008.

22 2010 | Viewed: 1 183 | News / News of Bizmedia | Read full
Norway discloses oil revenue payments in first Extractive Industries Transparency Initiative (EITI) report

Today Norway discloses oil revenues payments by companies and launches its first report under the Extractive Industries Transparency Initiative (EITI).

The Norwegian government already has institutions to control and oversee its received tax revenues, but this marks the first time all tax revenues are published on a company-by-company basis and reconciled by an external auditor (Deloitte). The report shows that in 2008 Norway total payments reported and received was 400 489 701 000 NOK.

22 2010 | Viewed: 836 | News / Theme of day | Read full
New Members Elected to JSC Alliance Banks Board of Directors

Almaty, 21 January 2010 - JSC Alliance Bank (the "Bank") has announced termination of the authorities of some members of the previous Board of Directors and election of the new members. The decisions were made at the Management Board meeting of the Bank's sole shareholder - JSC National Welfare Fund "Samruk-Kazyna".

22 2010 | Viewed: 1 337 | News / Theme of day | Read full
How the big banks rigged the market

When Lloyd Blankfein met politicians in London a little while ago he brushed aside warnings that investment banks faced higher taxes if they ignored the rising public outcry about multibillion-dollar bonus pools. The Goldman chief executive seemed to believe governments would not dare.

20 2010 | Viewed: 631 | News / Review of Mass Media | Read full
Kazakhstan hopes to end Karachaganak row in 2010

ASTANA, Jan 15 (Reuters) - Kazakhstan hopes to resolve a dispute with a group of foreign companies led by BG (BG.L) and Eni (ENI.MI) over the huge Karachaganak gas field this year, Energy Minister Sauat Mynbayev said on Friday.

17 2010 | Viewed: 665 | News / Theme of day | Read full
Soros fund to set up Hong Kong office

Soros Fund Management, billionaire investor George Soros' investment company, is setting up an office in Hong Kong to take advantage of the region's growth, according to a person familiar with the matter.

17 2010 | Viewed: 821 | News / Theme of day | Read full
Iraq Joins Global Transparency Effort

With EITI announcement, Iraqi leaders make historic investment in national and regional stability.


NEW YORK--The Revenue Watch Institute today congratulated the Government of Iraq as it joined the Extractive Industries Transparency Initiative, taking a historic step toward the efficient and open management of its oil industry.

13 2010 | Viewed: 620 | News / Theme of day | Read full
Corruption-plagued Iraq joins oil transparency group
BAGHDAD (Reuters) - Iraq joined a global transparency initiative Sunday in a bid to heal its reputation as a nation plagued by corruption and misuse of its vast oil wealth.
12 2010 | Viewed: 511 | News / Theme of day | Read full
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