Review of financial and economic press: The value of shares on all stock exchanges of the world reached a record $ 66 trillion
Minister of Agriculture of Catalonia asked whether the EU should respond to Russia its embargo
Minister of Agriculture of Catalonia, Josep Maria Pelegri August 26 asked whether the EU should not restrict the import of Russian goods to Europe to respond to the Russian embargo on European agricultural products, writes La Vanguardia, in an article prepared by the news agency EFE. Pelegri addressed the so-called regular meeting of deputies, which replaces the Parliament during the summer vacation. Pelegri called for "political" the answer to the crisis is a pan-European and Spanish agricultural sector. "I’m not suggesting I’m just asking", – he explained, and then asked: "Why do we have no restrictions on the import into the EU of goods from Russia?" However, Pelegri stressed that does not offer a boycott of Russian goods.
Switzerland joined EU sanctions against Russia
European countries, from among those who are not part of the EU and is not obliged to follow its sanctions regime, continue to close the loopholes to circumvent sanctions by Russian companies. Followed by Norway to the recent EU sanctions against Russia joined Switzerland, however, with significant reservations. The Federal Council has decided to “take all measures necessary in order to prevent the possibility to circumvent EU sanctions on Swiss territory,” – said in a statement on Wednesday the Swiss government. But a carbon copy of the sanctions of the EU restrictions were not Swiss.
Kiev agreed on a compromise price for Russian gas
Russia and Ukraine have agreed to mediation by the European Union back to the negotiating table on the gas issue. Kiev says it is willing to accept a temporary increase in the price of gas, but it may raise the issue of changing the conditions of transit through Ukraine. Russia continues to insist on the same terms of the contract. Globally, the dispute between Russia and Ukraine, the mediator acts as the European Union. Its main task – to get a guarantee uninterrupted gas supplies to Europe this winter. “We can not wait for the decision of Stockholm, we need a temporary solution for the coming winter.
Foreign executives transferred his powers due to sanctions
US sanctions, the European Union and other states against the Russian influence on the management of large Russian companies: foreign top managers are forced to delegate some of its responsibilities to colleagues with a Russian passport. This August 27 writes Reuters. The agency recalled that the United States and the European Union have banned its citizens to provide certain services to Russian companies for the organization of access to long-term financing (for more than 90 days) regardless of the source of funds.
The value of shares on all stock exchanges of the world reached a record $ 66 trillion
The total capitalization of public companies whose shares are traded on all stock exchanges of the world, up to the auction ended August 27 exceeded $ 66 trillion, which is nearly $ 3 trillion more than the best result of the pre-crisis 2007, reports Bloomberg. Only in the last three weeks of their papers, experts estimate, rose by $ 2.2 trillion, and over the past five years – more than two and a half times. In March 2009, the total capitalization of the company amounted to only $ 25 trillion.
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