27.01.2012. Wall Street Week Ahead: Quest for the golden cross
NEW YORK (Reuters) - January has turned out strong for equities with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.
27.01.2012. Exclusive: Germany wants Greece to give up budget control
BERLIN (Reuters) - Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reuters on Friday.
27.01.2012. Exiting watchdog sees flaws in SEC's rulewriting
WASHINGTON, DC (Reuters) - In his final act before departing the Securities and Exchange Commission on Friday, the agency's inspector general, David Kotz, criticized how the agency analyzes the economic impact of some of its Dodd-Frank rules.
27.01.2012. Goldman, Berkshire names surface in Gupta case
NEW YORK (Reuters) - The names of a Goldman Sachs board member and a top executive of Berkshire Hathaway surfaced on Friday as potential witnesses in the insider trading trial of Rajat Gupta, a former director of Goldman, Procter & Gamble and other companies.
27.01.2012. Subpoenas issued to financial firms in expanded probe
WASHINGTON (Reuters) - The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric Holder said on Friday.
27.01.2012. Greece, creditors laboriously piece together debt deal
ATHENS (Reuters) - Greece and its private creditors head back to the negotiating table on Saturday to put together the final pieces of a long-awaited debt swap agreement needed to avert an unruly default.
27.01.2012. Bloomberg exec in talks to run New Corp's Dow Jones
(Reuters) - Rupert Murdoch's News Corp is in "serious talks" to poach veteran Bloomberg LP executive Lex Fenwick to run its Dow Jones publishing business, which houses the Wall Street Journal, according to two people familiar with the discussions.
27.01.2012. Fitch cuts Italy, Spain, other euro zone ratings
NEW YORK (Reuters) - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years.
27.01.2012. Growth quickens, but speed bumps ahead
WASHINGTON (Reuters) - The economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012.
Highlights
15.840 new jobs created through SIEPA incentives in 2011.
5.November 2011. Source : BETA Belgrade - Director of Investment and Export Promotion Agency of Serbia (SIEPA) Bozidar Laganin said that this year three programs for the award of business incentives supported 102 projects, directly creating 15,840 new jobs. He added that good results and a number of projects were recorded in textiles, electronics and electrical engineering, automobile and furniture industries. He said that 194 active projects in Serbia were awarded 160 million euro subsidy to investors, bringing the total level of investment one billion euros. SIEPA Director said that according to information from the field cannot be said or concluded that in any way, there is a slowdown of investment from Germany. He added that he expect this year three billion dollars of direct foreign investments in Serbia. "No single project is threatened, no investment destination has been changed. Occasionally, negotiations were not too intense, but it is not unusual given the difficult and long process of making decisions in large companies, "said Laganin.
Q&A
Question: What does the word 'ORAH' mean? Why did you choose it?
Answer: 'Orah' is the word in Serbian, Croatian and Bosnian for 'WALNUT'. We chose this name for a variety of reasons. Both as a tree and a fruit, the walnut (nux juglandacea) has great symbolic value and meaning in the Balkans. As a fruit, it can be conserved for a long time, it produces oil, it is used to make 'walnut wine' (the French call it St.John's wine) or can be distilled as a strong brandy, it is used in a wide variety of culinary preparations, especially cakes. Its shell, powdered, has the appearance of pepper and is tasteless; it is often used in restaurants to 'dilute' pepper, which is much more expensive. The walnut is also a magnificent tree, 10 - 25 meters high and living up to 3-400 years). Its leaves were used with walnut shell soft cortex to colour the skin of Anglo-Saxon warriors before battle, and was called 'wode'. Of course, the wood of the walnut tree is much used in furniture-making and other carpentry, and is so beautiful that it is also used as veneer.
The walnut symbol for ORAH is twofold: its shell is strong and tough like armour, and it is like a small treasure chest; at the same time, it holds the seed of a huge and beautiful tree.
