Rus News Journal

Russian & World News. Business, Politics, Opinion, Science, Technology, Style, Sports. Part 32201

Autumn sale of apartments situated near Moscow

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The past week: it was possible to Earn on - to a miscellaneous

Russian coffee from Savvy

(Continuation; the beginning see p. 8)

That will be after clearing of the prices for oil: two scenarios

Schedule 1

Week 12 - on October, 17th

During the period from October, 2 till October, 9th the Committee on foreign investments has given out

Above

Legend about red mercury

Dynamics of profitability podotraslej extracting and lesopererabatyvajushchej the industries in 1 half-year 1992, in %.

To close Clinton business early

The president of Russia Boris Yeltsin has signed the Decree, resolving to use privatisation checks for land buying and habitation. He has informed on it to deputies of the Supreme body, acting on October, 6th at session with the report on country position. Yeltsin asked parliament to support this decision. According to the president, process of privatisation which it carries to priority directions of the further advancement of reforms, should give them irreversible character. Thereupon the president has urged deputies not to tighten with the law on earth purchase and sale.

Blossoming of chemistry in the conditions of democracy

Dynamics of profitability podotraslej the food-processing industry in 1 half-year 1992, in %.

On October, 9th the Central Bank of Russia has dispatched to commercial banks the instruction " About work of banks with privatisation checks ". Publishes the full text of the instruction.

Russian and World News

Dynamics of profitability podotraslej mechanical engineering in 1 half-year 1992, in %.

Casino

Performance of the president of Russia in the Supreme body on October, 6th during which time Boris Yeltsin among prime measures of updating of a direction of reforms named the termination of use of a foreign currency for fee and the goods and obligatory sale of all currency gain to exporters was the solving psychological factor which affected participants of last auctions of the Moscow interbank currency stock exchange and has led to a dollar rate increase.

Inkombank has begun campaign for distribution of the depositary and savings certificates for it is hard currency.

By sight experts, not materialised project according to which banks with an authorised capital stock less than 100 million rbl. should stop the existence is worthy soaring in a lobby of the Central bank, but till now. As it is supposed, time during which they should increase the capital to the established minimum will be given these banks. Otherwise, though them do not liquidate as establishment, but will automatically rename into credit associations. The new status, under some data, will not allow them to work with private persons.

To Moscow there has arrived the vice-president of the American firm - developer Hines Interests Limited Partnership Nejl Johns (Neil M. Jones), representing its interests in America (Dallas) and in the Eastern Europe. G - n Johns has informed that now the firm realises two large-scale projects of reconstruction of two buildings in the centre of Berlin. In the nearest plans of firm — participation in reconstruction of the centre of Moscow. G - n Johns considers that conditions in Russia are quite comprehensible to realisation of the projects connected with real estate. Moreover, the firm is ready to invest in the Russian projects own means on the terms of partial transfer to rent of the constructed areas and in the presence of guarantees from the authorities. Experts notice that the exit on the Russian market of so authoritative business partner can essentially affect an investment climate in real estate sphere.

Schedule 2

Yeltsin has signed the Decree about land selling and habitation for vouchers.

In the performance on the Supreme body Boris Yeltsin has declared necessity of absolute sale of a currency gain at a stock exchange.

In the beginning of the last week in the market of cash sales increase of currency quotations proceeded. The major factors which have affected, according to experts, on growth of a dollar exchange rate, a steel performance of the President of Russia in the Supreme body, sharp jump of a dollar exchange rate at the auctions of the Moscow interbank currency stock exchange on October, 6th and the new inflationary coil connected with increase in the beginning of month of the prices for energy carriers.

Business of brothers Albrecht

The American firm - the developer is ready to carry out investment projects in Moscow.

The DECREE of the PRESIDENT of the RUSSIAN FEDERATION

Continuation; the beginning see p. 28

Inkombank has begun sale of currency depositary certificates.

Totes

In the Central Bank the project of transformation of small banks in credit associations is prepared.

Most of all for the last week in Petersburg (champagne and canned food have risen in price for 48 and 40 % accordingly).

Exchange rates of currencies for private persons

The exchange of the state secrets for investments, probably, will not take place

The new prices will hold on not for long

Dow`s falling - Johns

CASH 1 US dollar 1 Deutsche Mark

Yeltsin has protected itself and vouchers

Continuation; the beginning see p. 13

Experts notice that the preferential mode for Russia can be brought under the big attention to the question in case of acceptance of the presidential decree which project provides restrictions on investments. According to the project, foreign capital investments in using bowels, to operation with real estate, privatisation, a space complex are subject to licensing.

The congress of stock exchanges has started to count money

2 In the performance before deputies on October, 6th Boris Yeltsin in a package of prime measures named an interdiction of use of foreign currency in a cash and non-cash turn that will limit inflow of currency to Russia.

The accent on concessions, instead of on prodaction shareing

Diplomatic immunity not only for diplomats

Marketing in comics

The pension fund will receive less, and to pay more