Source Pravda.Ru

LUKoil posts US GAAP financial results

The consolidated revenues of LUKoil under US GAAP gained 42.8 percent to $14.6bn in the first half of 2004 against the corresponding period in 2003, the company stated in an official report. The company's operational expenses decreased 2 percent to $1.33bn. Transportation expenses gained 47.3 percent to $1.38bn. Income before the income tax reached $2.4bn, which was a 9-percent decrease against the first half of 2003. The net income of the company lost 28 percent to $1.646bn in the reported period.

More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?

Venezuela may expect another Panama scenario from 1989
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