Russia's creditors will reschedule debt of $32 billion

Article Abstract:

A deal between Russia and the London Club has been reached over the rescheduling of financial debts. The deal will reschedule almost $32 billion (32.4 billion euros) in debts emanating from the Soviet era.

Receipt of funds, Use of Funds, Russia, Foreign Economic & Financial Assistance, Finance, Economic assistance, Foreign economic assistance, London Clubs International PLC

---

As dollar falls, Washington sends mixed signals

Article Abstract:

At a meeting of the Asia-Pacific Economic Forum in Santiago, Chile, U.S. President George W. Bush responded to concerns that current U.S. policy will lead to a further drop in the value of the dollar. Though he emphasized that the U.S. has a "strong-dollar policy," there is still concern among global economic officials that the Bush administration's policies are allowing for further declines in the value of the dollar, and thus ensuring profits for foreign exporters.

United States, Government expenditures, Chile, Commodity & service prices, Asia, Intnl Economic Policy, International politics, Intnl Economic Relations, Analysis, Conferences, meetings and seminars, Economic aspects, Prices and rates, International aspects, Economic policy, Greenspan, Alan, International economic relations, Euro (Currency), Bush, George W., Monetary policy, Dollar (United States), Asia-Pacific Economic Cooperation, Yen (Japan), Foreign exchange market, Company pricing policy, Global economy, Foreign policy, Hu Jintao, Euro currency transition

---

In struggling European countries, momentum is building for (Gasp!) the Flat Tax

Article Abstract:

Countries of the European Union are planning an introduction of the Flat Tax. Personal income tax, a single rate paid by taxpayers regardless of whether they are rich or poor. It is hoped the Flat Tax would increase economic growth and employment.

Germany, Taxes, Political aspects, European Union, Tax policy, Income tax

Similar abstracts:

• Abstracts: Softbank unveils string of deals, including toys effort. Nissan simplifies the system. GM seeks marketing presence on Toyota 's Internet site
• Abstracts: Summer dilemma for the Fed. The real menace. The risks of gradualism
• Abstracts: LSE, Deutsche Boerse pledge cheaper cross-border trades. Nestle to contribute to compensation for former slaves
• Abstracts: Internet economics: a thinkers' guide. Untangling e-conomics. Solving the paradox
• Abstracts: Porsche net profit rises 29%, boosted by high demand. Porsche may get the boot tonight from key index. Porsche's profit increased by 2.3% in the first half

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.