The leading British mortgage lender Northern Rock PLC experiences great credit crisis, forcing the Bank of England to provide unprecedented emergency funding to overcome a liquidity shortfall.
As Northern Rock announced a profit warning it attributed to market turmoil sparked by the U.S. subprime lending crisis, slow moving lines of customers looking to withdraw funds and seek assurance trailed through its doors despite assurances that the business was solvent.
Dmitry Peskov, an official spokesman for Russian President Vladimir Putin, was discharged from hospital.
"Yes, that's true," Peskov told reporters.
The Russian Defence company Rosoboronexport will sign a contract with India on delivery of 48 Mi-17V-5 helicopters and four frigates of the Project 11356P/M. While the deal on frigates, two of which will be built in Russia and two in India, will be concluded this year.
About 1,600 fighters of private military company (PMC) Wagner left the war zone in western Libya, Anadolu agency reports with reference to Mohammed Kununu, a representative of Libyan government forces.
According to him, PMC employees involved in the Libyan conflict on the side of Field Marshal Khalifa Haftar departed from Beni Walid airport near Tripoli on board two military transport aircraft. Their destination remains unknown.
The Russian Central Bank is going to wait out years with oil price at the level of 40 dollars per barrel, while the Organization of the Petroleum Exporting Countries plans to carry out negotiations on agreement to reduce oil output. The Bloomberg analysts are at a loss whether Russia knows something the rest of the world is not aware of.
Authorities of the Ukrainian National Bank will be checked for possible involvement in embezzlement of means which were allocated for refunding of a number of commercial banks. It was reported Sunday by Head of the Ukrainian National Anti-corruption Bureau Artem Sytnyk.