If so, it could cause Gazprom “just a little embarrassment,” according to Anders Aslund, a Russia specialist at the Peterson Institute for International Economics in Washington.
“Taking over gas fields one by one has been a standard way of doing business by Gazprom,” he said. “Few companies which have dared challenge Russia in the courts have [...]
So far this year, the offshore bond market in Asia outside Japan has seen offers from the Indonesian and Philippine governments, the Asian Development Bank and a clutch of investment-grade quasi-sovereign issuers like the Korea Development Bank and Export-Import Bank of Korea.
Sovereign issuers including Vietnam and Pakistan, as well as state-backed entities like Canara Bank [...]
Prudential said pensioners receiving a with-profits annuity income in retirement would see an 11 percent income increase, while all Prudential endowments would meet repayment targets.
Total retail with-profits sales in 2007 rose 21 percent to 2.3 billion pounds, with profit bond sales up 59 percent.
(Reporting by Clara Ferreira-Marques and Mike Elliott; Editing by Dan Lalor and [...]
Fellow Monetary Policy Committee (MPC) member Tim Besley also struck a similar note in an interview with the Daily Mail newspaper on Tuesday in which he said he was “largely agnostic” on what the greater risk was.
One of the most hawkish members of the MPC, Besley said a period of weaker consumer spending and house [...]
