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After Saddam, is Romanian corruption the next US target?
The Iraqi war seems to have relocated to the Balkans for the past two days, after the US Ambassador to Romania Michael Guest opened verbal fire against corruption, during the International A...
Three-year bonds, casualties of the yields war
The Finance Ministry's third attempt at placing ROL-denominated bonds due in three years has failed again on Thursday. The demand of the banks was over three times higher than the supply, se...
Interest rates for deposits likely to stay put in the next months
Perhaps some of the most frequently asked questions by those who chose the domestic currency for their banking deposits are: How will rates evolve? Will they keep dropping? Will they stay pu...
Tarom to keep losing in the long war
Tarom witnessed 11% decline in passenger traffic in Q1, this year, due to the conflict in the Gulf and to the SARS (Severe Acute Respiratory Syndrome). In case the current situation in the a...
Boom in the cards for Romanian housing loan market
The broader offer of housing loans, obviously fuelled by increasing demand, will prompt an impressive growth pace for this market in the next few years. According to market surveys conducted...
All quiet on the SIF front
The General Shareholders Meetings at the financial investment companies held at the end of last week kept the tradition of the last few years: low shareholder attendance and endorsement of a...
Storm raging over one third of the world's oil
The ultimatum given by American President George W. Bush to Saddam Hussein expired last night. Our newspaper, which closes at 19.00 hours, has the ingrate mission of informing you about even...
In Romania, the dollar has already won the war against Iraq
It took the US dollar only one day to bounce back to its early 2003 quotations, after almost three months of decreases. The National Bank of Romania (NBR) yesterday calculated an exchange ra...
The last day of Hussein's regime
US President George W Bush has relinquished all diplomatic efforts and gave Saddam Hussein a 48-hour ultimatum on Monday night, demanding him to leave Iraq. The ultimatum expires on Wednesda...