Fed to buy mortgage bonds

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
Primary dealers of US government securities said that Fed is planning to implement mortgage purchase program next quarter in order to inject additional money resources into the US economy. The Fed may purchase about $545 bn of home mortgage debt. Similar program was introduced in 2008 when Fed bought $2.3 trillion mortgage-related and Treasury bonds.

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Mon, 28 Nov 2011 14:30:55 GMT

Banks alert on collapse of Euro

Ratings agencies and banks are warning EU officials that euro zone risks are increasing rapidly as lawmakers are delaying implementation of any measures against the debt turmoil. Mansoor Mohi-uddin, UBS manager of foreign exchange strategy, emphasizes that markets move quicker and that European officials and investors are beginning to anticipate the end of the euro. Moody's also warned that credit risks will keep surging without

Mon, 28 Nov 2011 11:46:54 GMT

Putin to run for president in elections next March

On Sunday United Russia party nominated Vladimir Putin, Russian Prime Minister as presidential candidate for upcoming elections in March 2012. Analysts believe Putin will face no real competitors in March's election. Although Putin is not in United Russia party, he is considered as its leader since 2008. Experts also claim that the nomination of Putin will contribute to positive outcome for United Russia in parliamentary elections

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