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Ukrainian state energy firm Naftogaz said on Thursday it had not repaid a $500 million Eurobond by its maturity deadline, causing rating agency Fitch to downgrade it to restricted default, according to Reuters.

The company, seen by foreign investors as a symbol of Ukraine`s stumbling fortunes, has been in talks with bondholders to restructure its entire foreign debt by swapping it for a new 5-year bond worth $1.65 billion with a 9.5 percent coupon.

Naftogaz has been at the centre of several gas price rows between Ukraine and Russia, the last of which in January this year led to Russian gas supplies, transiting across Ukraine, being cut to thousands of consumers in southern Europe.

But the company said on Thursday that Naftogaz`s debt problems would not affect the transit of Russian gas to Europe nor Kiev`s monthly payments for gas suppli ... Read more »

Category: Ukraine | Views: 734 | Added by: magictr | Date: 06.10.2009 | Comments (0)

2010 will  be special in many aspects for Ukraine, particularly, it will become a turning year both in policy and economics of the state.

President of Ukraine Victor Yushchenko expressed this opinion, addressing to participants of the 9th Lviv International Economic Forum “Influence of global economic crisis on investment climate and perspectives of attracting investments into regional economies of Ukraine” .

The head of the state noted that he estimate year 2010 as a year, “which will bring stabilization to the parliament, will be a year of reforms, because political passions will be in the past, because it will be the special year, year of election of the President”.

Category: Ukraine | Views: 733 | Added by: magictr | Date: 06.10.2009 | Comments (0)

Ukrainian President Viktor Yushchenko swept into power five years ago at the head of an Orange Revolution that promised national revival. Now he is running fourth in polls as voters blame him for political paralysis and a collapsing economy.

Even as he faces likely defeat in Jan. 17 elections, Yushchenko offers no regrets. He casts his rivals, Prime Minister Yulia Timoshenko and pro-Russian leader Viktor Yanukovych, as “populist” vote-chasers and himself as a champion of unpopular truths about the need for an independent national identity.

“I say words that many don’t like, but I won’t give up,” said Yushchenko, 55, in a Sept. 17 interview in his Kiev office. “If a lot of people don’t agree with you, that doesn’t mean that you are wrong. Either you aren’t popular but deliver a strategic service to the nation, or you dream about elections.”

Oth ... Read more »

Category: Ukraine | Views: 716 | Added by: magictr | Date: 06.10.2009 | Comments (0)

The sale of one of Ukraine`s biggest state companies collapsed on Tuesday, highlighting the deep rift in the country`s leadership while the government accused bidders of shady dealings to get the firm on the cheap.

President Viktor Yushchenko had already banned the sale of the Odessa Port fertiliser plant by decree earlier this month in a move widely seen as an attempt to spite his rival, Prime Minister Yulia Tymoshenko.

Both will compete for the post of president in a Jan. 17 election.

Encouraged by Tymoshenko, the state privatisation agency pressed ahead with a live-televised auction despite the presidential decree -- but it ended in farce.

After rushing through the sale at break-neck speed, auction officials declared Ukraine`s Nortima the winner with a bid of $624 million, but then the show went off-air.

A short time later, an official from the State Pro ... Read more »

Category: Ukraine | Views: 717 | Added by: magictr | Date: 06.10.2009 | Comments (0)

A judge ruled Monday afternoon that there is enough evidence to continue the case against a Jordanian teenager accused of trying to use a weapon of mass destruction blow up a Dallas skyscraper.

FBI Special Agent Tom Petrowski, who oversaw the investigation, testified Monday that Hosam Maher Smadi, 19, had researched how to use a cell phone to detonate a bomb and made a 7-minute video he believed would be transmitted to Usama bin Laden. Petrowski also said Smadi indicated he was concerned he had not parked a vehicle with what he believed to be a car bomb in a way that would destroy the entire structure.

No dates have been set for a trial or any preliminary hearings.

On Sept. 24, Smadi drove a truck he believed held a live bomb and parked it in the garage underneath the 60-story Fountain P ... Read more »

Category: U.S. | Views: 1005 | Added by: magictr | Date: 06.10.2009 | Comments (0)

A baby woolly mammoth, frozen in soil for 40,000 years in Siberia, was so well preserved that traces of her mother's milk were still in her stomach.

Lyuba, who was thought to be just one month old, was discovered three years ago when nomadic reindeer dug her up. Scientists believe she died after being sucked into a river bed. Mud was found in her trunk and throat, suggesting she had suffocated.

The body is preserved enough to provide DNA samples, but the prospect of cloning the creature is still a long way off. Researchers found the animals' hump acted like a furnace, which helped maintain body temperature during colder weather. This supports the theory that mammoths were born in early spring.

Lyuba is being transported to Chicago to be exhibited in the ... Read more »

Category: Sciense | Views: 1215 | Added by: magictr | Date: 06.10.2009 | Comments (0)

ISLAMABAD —  A homicide blast killed five people inside the lobby of the heavily protected U.N. World Food Program office on Monday in what is normally an extremely secure neighborhood of the capital known as sector F-8.

Two of the five killed by the blast were Pakistani women; an Iraqi national and a Pakistani man also died. At least five others were injured.

Minister of Interior Rehman Malik has said the attack was a homicide bombing and the bomber was wearing a uniform for Frontier Corps, a paramilitary service of the Pakistan security forces.

Within 20 minutes after the explosion a small stream of smoke could be seen billowing out one side of the two-story building that is completely incased with rows of massive wired-wrapped sandbags and a security perimeter of fencing and b ... Read more »

Category: World | Views: 672 | Added by: magictr | Date: 06.10.2009 | Comments (0)





The doctor made a White House call Monday -- 150 of them, in fact, all costumed in white hospital coats -- to try to help President Obama administer a booster shot to his ailing health care reform drive.



White House spokesman Reid Cherlin described the assembled physicians, from all 50 states, as the best voices for reform because they witness the current health care system on a day-to-day basis.



"These folks know better than anybody about what works and what doesn't," Cherlin told FOXNews.com, adding that the physicians come from "a variety of groups that we work with."



But the doctors in the Rose Garden were all supporters of health care reform -- and the invitation-only guest list drew heavily from Doctors for America, a grassroots organization that backs a government-run insurance option.



Roughly 98 pe ... Read more »
Category: U.S. | Views: 868 | Added by: magictr | Date: 06.10.2009 | Comments (0)





NEW YORK —  An Afghan immigrant accused of plotting a terrorist attack in New York after receiving training in Pakistan was in contact with a senior Al Qaeda operative, intelligence officials familiar with the investigation told The Associated Press.



The CIA learned about Najibullah Zazi through one of its sources and alerted domestic agencies, including the FBI, intelligence officials said. The officials, who declined to offer more details on the operative, spoke on condition of anonymity because the investigation is ongoing.



The fact that intelligence officials learned of Zazi through a CIA source sheds more light on the government's claim that the charges against Zazi are part of a broader, international case and begins to explain why the investigation triggered such a large offensive from the nation's intelligence c ... Read more »
Category: World | Views: 760 | Added by: magictr | Date: 06.10.2009 | Comments (0)

WASHINGTON -- The Obama administration's pay czar is planning to clamp down on compensation at firms receiving large sums of government aid by cutting annual cash salaries for many of the top employees under his authority, according to people familiar with the matter.

Instead of awarding large cash salaries, Kenneth Feinberg is planning to shift a chunk of an employee's annual salary into stock that cannot be accessed for several years, these people said. Such a move, the most intrusive yet into corporate compensation, would mark the government's first effort to curb the take-home pay of everyone from auto executives to financial traders.

Feinberg is expected to issue by mid-October his determination on compensation packages for 175 of the most-highly compensated executives and employees at the seven firms he oversees. The companies are: American International Group Inc., Bank of America Corp., Citigroup Inc., General Motors Co., GMAC Financial Services Inc., Chrysler LL ... Read more »

Category: U.S. | Views: 921 | Added by: magictr | Date: 06.10.2009 | Comments (0)


SEOUL, South Korea  —  North Korea is in the final stage of restoring its nuclear facilities, a news report said Tuesday, as leader Kim Jong Il expressed a conditional willingness to end Pyongyang's boycott of international nuclear talks.
South Korean and U.S. intelligence authorities reached the conclusion after scrutinizing about 10 atomic facilities in North Korea since April when the communist regime vowed to restart its nuclear program in anger over a U.N. rebuke of its long-range rocket launch.
Pyongyang claimed the launch was a peaceful attempt to put a satellite into orbit, but the liftoff was widely condemned as a test of the North's long-range missile technology.
The report came as North Korean leader Kim Jong Il told Chinese Prime Minister Wen Jiabao that his country was prepared to return to six-party nuclear disarmament talks depending on progress in its tw ... Read more »
Category: World | Views: 622 | Added by: magictr | Date: 06.10.2009 | Comments (0)


The world's oil producers, as well as China, Japan and France, are in secret talks to end the use of the U.S. dollar to buy and sell crude oil, a British newspaper reported on Tuesday, sending the American currency lower in overseas trading.
"Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars," said the report in The Independent, which cited unidentified sources in the Gulf and Hong Kong. It added that France had also been involved in the talks.
The report, written by leading journalist Robert Fisk, said Gulf states plan to transition the trading of crude oil over nine years from the U.S. dollar to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified ... Read more »
Category: World | Views: 674 | Added by: magictr | Date: 06.10.2009 | Comments (0)

I understand that calling a backlash sarcasm, but I want here to bring the prophecy Vanga for Russia.In the first place because I am under the impression from my recent communication with your friends

I understand that calling a backlash sarcasm, but I want here to bring the prophecy Vanga for Russia. In the first place because I am under the impression from my recent communication with his friends, a man of extraordinary abilities, who can "read" Past, Present and Future (This ability is most often clairvoyance, Reading-effect). By the way, in his abilities I have no doubt, I know its a long time. Sun e, that he himself wanted to add to the prophecies of Vanga concerning the rebirth of Russia, so this is something that is pawned it now, but the final fracture occurs not when the present government. And a significant role to play in the Uk ... Read more »
Category: World | Views: 929 | Added by: magictr | Date: 05.10.2009 | Comments (0)

In January 2010, Ukraine's presidential elections. It is said that a serious conflict may occur, which under certain circumstances lead to the disintegration of the country.

In January 2010, Ukraine's presidential elections. It is said that a serious conflict may occur, which under certain circumstances lead to the disintegration of the country, writes «Reflex» (Czech Republic). 

An attempt to steal the last presidential election in late 2004 has led to the so-called "Orange Revolution". Her main characters, the current President Viktor Yushchenko and current Prime Minister Yulia Tymoshenko, now a cat and dog. Yuliya is now considered a leader, and her main rival will once again be "rogue" "Orange Revolution, Viktor Yanukovych, although his chances of winning are almost zero. 

"Cold" War 

Ukraine, in addition to energy depe ... Read more »
Category: Ukraine | Views: 674 | Added by: magictr | Date: 05.10.2009 | Comments (0)

In Sweden, a group of fighters battalion air assault division K3 accidentally blew up a house. This Oct. 2 tells Ananova. The incident occurred during a training operation, simulating the storming of a residential building at night.

The soldiers of the elite units of mixed construction, military department purchased specifically for training, with a regular apartment building located at 180 meters from the target. By the time the soldiers realized that they had made a mistake, they have already managed to blow up the door and all windows in it.

"They are terribly lucky that the couple who live in the house that night (the exact date of the incident is not called - Comm. Lenta.ru) was absent. Otherwise they would die, "- said one of the neighbors blow up the building owners.

"We are there for all tidied up, threw the fragments and splinters. And of course, first co ... Read more »
Category: World | Views: 897 | Added by: magictr | Date: 02.10.2009 | Comments (0)

Magazine Harper `s Bazaar in October published an interview and photoshoot oriental beauty Mehriban Aliyeva, First Lady of Azerbaijan, one of the most active first ladies in the world.

Magazine Harper `s Bazaar in October published an interview and photoshoot oriental beauty Mehriban Aliyeva, First Lady of Azerbaijan, one of the most active first ladies in the world.

"Most important, the most important part of my life - these are my children - Mrs. Aliyeva told the magazine - I respect their personal space and try to always leave behind them the right choice. With all my infinite love, that's their life, and they should build it yourself. "

According to M. Aliyeva, her parents never read to her lectures. "Just be clear: I can not do poorly in school, in good faith to take their responsibilities to look bad. My sister and I literally soaked up the family tradition. ... Read more »
Category: World | Views: 1014 | Added by: magictr | Date: 02.10.2009 | Comments (0)

Today in Nakhichevan will start a two-day summit of heads of Turkic-speaking states. Invitation to participate in this event were the leaders of all the Turkic states of the CIS and the Republic of Turkey.

Today in Nakhichevan (the capital of the same name of the Autonomous Republic of Azerbaijan) will begin a two-day summit of heads of Turkic-speaking states. Invitation to participate in this event were the leaders of all the Turkic states of the CIS and the Republic of Turkey.

His participation in the summit reaffirmed the Turkish President Abdullah Gul, from Kazakhstan - Nursultan Nazarbayev, Kyrgyzstan - Kurmanbek Bakiyev and host events Ilham Aliyev. According to preliminary data, in the summit will be attended by the delegations of Turkmenistan and Uzbekistan.

According to official figures, "Summit called to address a wide range of issues of mutual interest, ... Read more »
Category: World | Views: 702 | Added by: magictr | Date: 02.10.2009 | Comments (0)

Former Prime Minister Tony Blair could become the first European president already in the next few weeks, if the Irish will ratify the Lisbon Treaty.

Former Prime Minister Tony Blair could become the first European president already in the next few weeks, if the Irish vote "Yes" in today's referendum, writes British The Times.

According to British officials, French President Nicolas Sarkozy thinks that Mr Blair - the best candidate, and Germany's Chancellor Angela Merkel has softened its stance.

Blair may be appointed to this important position is Oct. 29 at the summit, which will be held in Brussels.

Merkel was set against Blair. She stated that the presidency of the European Union (EU) should take a representative of the country, which adopted the euro, but according to newspaper sources, it is possible that Merkel will become "obedient" if Germany and F ... Read more »
Category: World | Views: 660 | Added by: magictr | Date: 02.10.2009 | Comments (0)

The credibility of the U.S. in the world in recent years seriously weakened. According to the Associated Press, the conclusion made by experts from the American Political Science Association (American Political Science Association, APSA)

The credibility of the U.S. in the world in recent years seriously weakened. According to the Associated Press, the conclusion made by experts from the American Political Science Association (American Political Science Association, APSA), during a year studying the problem of American influence on the world community. In the course of political scientists analyzed the variety of data - the results of voting in the UN General Assembly to the results of sociological surveys in various countries around the world.

In the end, it was found that the U.S. position on the world stage now, even worse than during the Cold War, when the USSR was a s ... Read more »
Category: U.S. | Views: 939 | Added by: magictr | Date: 02.10.2009 | Comments (0)

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