Source Pravda.Ru

Deliverance of Oil Dependence

In order to soften overdependence on natural resource exports and avoid another financial crisis, it was approved a plan on Thursday to provide nearly $1 billion in financing and other kinds of support for exporting manufacturers.

Roseximbank will become the state's export bank and and Roseximgarant - export insurance agency.

Under the plan, Roseximbank could get a $50 million boost in capital through a new share issue, approved by the government this summer.

The plan also foresees capitalizing Roseximgarant with up to 51 billion rubles ($1.7 billion). ©

&to=http://www.roseximbank.bg' target=_blank>Roseximbank

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

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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