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(14.02.2011 11:34)
The International Monetary Fund may furnish for Moldova a next tranche from its US$574-million credit that has been agreed upon in the 2010-2012 financing program, Nikolai Gueorguiev, Head of the IMF assessment mission working in Moldova these days, said during his meeting with local journalists writing economy and finance.He said that a review of the mission's work results will be presented at a farewell news conference next week, but he nevertheless told the eager journalists some interesting figures and observations.For instance, Nikolai Gueorguiev said that the 3rd tranche will be in the amount of 50 million Special Drawing Rights (SDR), of which sum 15 million will go directly to the Government and 35 million will replenish the National Bank's hard-currency reserves.Concerning the NBM reserves, the mission leader said the International Monetary Fund recommends the marker regulator to build up its reserves that will help the country remain afloat in case of a crisis, and thus to become less vulnerable to external shocks.
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How to Play the Euro Now
(19.05.2012 6:45)
With a messy Greek exit from the euro zone looking more likely, now might seem like a good time to bet against the European common currency.
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Euro defense: Germany's Angela Merkel and France's François Hollande.
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FTSE 100 plunges through support levels (18.05.2012 15:50)
By Telegraph staff and agencies
8:17AM BST 18 May 2012
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The UK's blue-chip index was down 49.53 points, or 0.9pc at 5,288.85, by
7.03am, having closed below 5,400 for the first time this year on Thursday,
and set to record its third-straight week of losses as turmoil in the
eurozone dominated the market backdrop.
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Donât completely give up on oil just yet (
18.05.2012 23:29 )
SAN FRANCISCO (MarketWatch) â Crude-oil futures have lost nearly 12% so far this month, putting a dent in the confidence of even the most bullish of investors and analysts, but there are still some potential price-lifting factors for oil lurking in the backdrop.
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The Secret Teacher writes an honest letter home
(19.05.2012 10:56)
The Secret Teacher writes a devastatingly honest letter that can never be posted. Photograph: www.alamy.com
Dear Mr and Mrs Parent,I'm sorry I have to write to you, but it is important you know that your daughter is not progressing as well as she could at school.
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Alabama Bank Fails as 2012 Bust Tally Hits 24 (
19.05.2012 4:25 )
NEW YORK (TheStreet) -- The Office of the Comptroller of the Currency closed Alabama Trust Bank, NA of Sylacauga, bringing this year's total number of bail failures to 24.
The failed bank was previously included in TheStreet's Bank Watch List of undercapitalized institutions, based on regulatory data provided by HighlineFI.
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