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Afghanistan - Customers besiege Kabul Bank  
Hundreds of Afghans have besieged the offices of the Kabul bank to withdraw their money. They are afraid for their savings, because the bank management is under suspicion of corruption. Hundreds of Afghans ...

 

Afghanistan's Massive Bank Run Is Getting Worse  
Reports of potentially corrupt loans from Afghanistan's largest bank to political insiders, undermining confidence in the banks strength, caused a bank run during the week. Depositors withdrew $...

 

Russia, Azerbaijan strengthen energy partnership  
A visit by President Medvedev to Baku has produced an agreement for Russia's Gazprom to buy unlimited amounts of Azerbaijan's natural gas. Within the coming two years, the ann...

 

Russian banks making recovery  
Russian banks are making a recovery and the Central Bank is planning to scale down the government support to the banking system, which can overcome the financial crisis on its own. The first vice-ch...

 

Small Businesses on the Ropes  
Here's a little blurb from the NFIB that puts some perspective on the most recent employment report from the BLS: Although the economy officially peaked in December 2007, small b...

 

Afghans continue pulling money from troubled bank  
Nervous Afghans on Saturday continued pulling funds out of the nation's largest bank despite assurances from government leaders that their money was safe. Crowds gathered at Kabul Bank...

 

Russia Extends Wheat Export Ban  
Via: Bloomberg: Wheat rose in Chicago after Russia, the world’s third-largest grower, extended a ban on grain exports into next year, raising the prospect of higher food prices that already have spark...

 

Russia’s inflation slowest in 20 years  
Russia 's annual price inflation is poised to amount to under 7 percent, the lowest such figure in 20 years. Speaking for the media Friday, the Kremlin aide Arkadi Dvorkovich also said the go...

 

AFGHANISTAN: After rumors of bankruptcy, customers flock to branches of the Kabul Bank  
Afghanistan 0 ...

 

Russia to supply India with GLONASS equipment  
Russia will supply India with GLONASS satellite navigation equipment. Under an agreement signed in Moscow, satellite systems will be installed on public transport to boost the efficiency of operatin...