Source Pravda.Ru

Central Bank head comments on refinancing rate

The Central Bank does not plan to decrease its refinancing rate, SergeyIgnatyev, chairman of the Central Bank, told journalists in the House ofGovernment today. It is due to the fact that it has been already reducedrecently, Ignatyev specified. At the same time he pointed out that therefinancing rate would be decreasing, as the dynamics of the inflation ratewere forecasted to fall in the future. Moreover, he declared that inDecember 2002 the Central Bank would make currency interventions to preventruble's excessive devaluation. .

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&to=http://www.cbr.ru/eng/' target=_blank>Central Bank

Turkish President Erdogan called for a revision of the 1923 Lausanne Treaty, which consolidated the results of the First World War for Turkey in 1923

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On December 10, 1948 the Universal Declaration of Human Rights was adopted by the United Nations General Assembly, its thirty articles enshrining basic and fundamental rights guaranteeing dignity of the human person and equality for all, regardless of race, color, creed or gender. A pipe dream?

Human Rights Day: Let us hang our heads in shame
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