RUSSIAN SECURITIES

November 22, 2007 at 8:53 pm | Posted in Economics, Financial, Globalization, Research, Russia | Leave a comment

Renaissance Capital Evening Chart

and Market Wrap –

Evening Chart and Market Wrap

22 Nov 2007

Thu, 22 Nov 2007

Evening Chart and Market Wrap 22

Nov 2007

Key Market Indicators:

Indicator Value Change, %

MSCI Renaissance Index Close 2081.38 -0.55

RTS Index Close 2135.93 -0.74

RTS Volume, $mn 65.4 -23.1

Micex Volume, $mn 2027.1 -24.7

Micex Debt Volume, $mn 442.6 0

US Volume, $mn 696.9 0

Germany Volume, $mn 9.9 -35.9

UK Volume, $mn 1206.2 -36.4

Total Value Traded Russia 4309.48 -2.30971330901739E-02

Value Traded Russia local 2096.25 -0.245111455219849

Value Traded Russia ADR 2213.23 0.354096434929977

Total Market Cap Russia 1364.94 -6.34077093873986E-03

RUB 24.32 0.0197

PFTS Index 1150.06 -0.811

Total Value Traded Ukraine 13.51 1.50262960180314E-02

Value Traded Ukraine local 13.21 -2.26586102719029E-03

Value Traded Ukraine ADR 0.3 3.28571428571429

Total Market Cap Ukraine 133.88 -5.97193191997691E-04

KASE Index 2421.15 -0.32

Total Value Traded Kazakhstan 280.83 -1.48044202771445E-02

Value Traded Kazakhstan local 17.34 0.523725834797891

Value Traded Kazakhstan ADR 263.49 -3.71980852851975E-02

Total Market Cap Kazakhstan 59.75 -5.21890862944162E-02

MSCI Renaissance Index Movers

Ticker Company Price, $ Change, %

Most Positive

HGM LN Highland Gold Mining Ltd 2.73 3.12

POG LN Peter Hambro Mining Plc 28.25 1.41

SNGSP RM Surgutneftegas, pref 0.64 1.28

UEN LN Urals Energy 5.16 1.01

RTKM RM Rostelecom 9.94 0.87

NVTK LI Novatek 60.50 0.83

IRKT RM Irkut 0.96 0.57

CHZN LI Chelyabinsk Zinc Plant 12.20 0.41

Least Positive

PHST LI Pharmstandard 19.20 -4.00

MBT UN MTS 84.52 -3.37

WBD UN Wimm-Bill-Dann 119.70 -2.97

INTE LI Integra 14.12 -2.62

SSA LI Sistema 37.00 -2.38

TATN3 RM Tatneft 5.63 -2.16

AFID LI AFI Development 9.50 -2.06

SITR LI Sitronics 6.10 -1.61

GMKN RU Norilsk Nickel 278.50 -1.59

SIBN RM Gazprom Neft 5.08 -1.49

Renaissance Securities (Cyprus) Limited

9th Floor, Capital Center, 2-4 Arch Makarios III Ave., Nicosia Cyprus

Attention: Research Administration.

Evening Chart and Market Wrap 22 Nov 2007

Renaissance Capital Evening Chart and Market Wrap – Evening Chart and Market Wrap 22 Nov 2007

Renaissance Capital – Ovanes Oganisian OOganisian@rencap.com

On Behalf Of webmail@rencap.com

OOganisian@rencap.com

Attachments:

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Thu, 22 Nov 2007

GLOBAL FORUM: MOSCOW DECEMBER 10 2007

November 22, 2007 at 2:21 pm | Posted in Economics, Financial, Globalization, Russia | Leave a comment

The Ritz-Carlton, Moscow, 10-11

December 2007

Global Investment and Finance Forum

Markets are now experiencing a long awaited credit crunch, after many years of exceptional stability. However, another phenomenon has coincided with this rise and fall, perhaps even more significant than any fluctuations in stock prices and interest rates. Today, we are witnessing a profound shift in the centre of gravity of the global economy, towards a new and ambitious set of increasingly influential emerging market economies. The world’s financial architecture is changing beyond recognition.

The Global Investment and Finance Forum will put the spotlight on these and many other key issues. An intensive two-day programme bring together leading figures from Russian and international business and finance, to debate and explore where markets are heading.

There is now less than one month to go before the Global Investment and Finance Forum – a unique two-day event that will put the spotlight on world finance markets at this critical time.

The conference programme will include many leading names from international finance, business and media. It will feature an intensive dialogue and debate with their Russian counterparts about the impact of recent world events on Russia and other emerging markets.

Participants can also book places for a gala dinner – the first ever ‘Bull & Bear Banquet’ – on the evening of Sunday 9 December. Details are available upon request.

A high profile lineup of confirmed speakers for the Global Investment and Finance Forum includes:

Hans Joerg-Rudloff, Chairman of Barclays Capital

Arkady Dvorkovich, Head, Experts Directorate of the President of the Russian Federation

Anatoly Chubais, CEO, RAO Unified Energy System of Russia

Chris Gibson-Smith, Chairman of the London Stock Exchange

Roger Munnings, President and CEO, KPMG Russia/CIS

Alexei Gurin, Chief Executive Officer, CentreInvest Group (CIG)

Gillian Tett, Editor, Global Finance Markets, Financial Times

John Peet, Europe Editor, Economist

James Chanos, President, Kynikos Associates

Charles Ryan, Chief Country Officer and CEO, Deutsche Bank Group in Russia

Ruben Vardanian, Chief Executive Officer, Troika Dialog

Oleg Vyugin, Chairman of the Board of Directors, MDM Bank

Dmitry Ananiev, Chairman, Committee for Finance Markets, Federation Council

Andrew Hunter, Head of Corporate Finance, Europe, Macquarie Group (Macquarie Renaissance)

Alexander Potemkin, President, MICEX

Alexey Buyanov, First Vice President, Head of Finance, AFK Sistema

Evgeny Luneev, Vice President, Economics and Finance, PIK Group

Robin Geffen, Managing Director and CIO, Neptune Investment Management

Vladimir Milovidov, Head, Federal Financial Markets Service

Rair Simonyan, Chairman, Morgan Stanley Russia

Igor Finogenov, Chairman of the Board, Eurasian Development Bank

Thomas Maier, Business Group Director, Infrastructure, EBRD

Maxim Kashulinsky, Editor-in-Chief, Forbes Russia

Sergei Yakovlev, Editor-in-Chief, Kommersant DENGI

Oleg Anisimov, Editor-in-Chief, Finance Magazine

The Forum is being supported by a long list of sponsors, including KPMG, CentreInvest, EBRD, Panerai, Kapital Investment Group, Jaguar and Land Rover, as well as media partners and sponsors, including Institutional Investor, International Herald Tribune, The Financial Times, Forbes Russia, Time Magazine, Kommersant DENGI, Vesti, Business FM, Wall Street Journal, Dow Jones, Finance Magazine, AK&M, Financial News, Harvard Business Review, Finam.ru, Business & Financial Markets, The Moscow Times, Euroweek, Securities Market Magazine, Business New Europe, Rustocks.com, Financial Director Russia, Investfunds, EPFR Global, Emerging Markets Report and FTSE Global Markets.

Availability is now limited, so companies interested in either the conference or the ‘Bull & Bear Banquet’ are encouraged to contact the organisers as soon as possible on +44 (0)20 7183 2560 or by email on info@eventica.co.uk

Global Investment and Finance Forum

The Ritz-Carlton, Moscow, 10-11 December 2007

A high profile lineup of confirmed speakers include Hans Joerg-Rudloff, Chairman, Barclays Capital; Anatoly Chubais, CEO, RAO Unified Energy System of Russia; Chris Gibson-Smith, Chairman, London Stock Exchange; James Chanos, President, Kynikos Associates; Roger Munnings, President and CEO, KPMG Russia/CIS; Ruben Vardanian, Chief Executive Officer, Troika Dialog; Alexei Gurin, Chief Executive Officer, CentreInvest Group (CIG); Oleg Vyugin, Chairman of the Board of Directors, MDM Bank; Gillian Tett, Editor, Global Finance Markets, Financial Times; John Peet, Europe Editor, Economist; Alexander Potemkin, President, MICEX; Robin Geffen, Managing Director and CIO, Neptune Investment Management; Christopher Rodrigues, Chairman, International Personal Finance; Alexey Buyanov, First Vice President, Head of Finance and Investment, AFK Sistema; Evgeny Luneyev, Chief Financial Officer, PIK Group; Andrew Hunter, Head of Corporate Finance, Europe, Macquarie Group and many other well known names.

A private gala dinner – the ‘Bull and Bear Banquet’ – will be held on Sunday 9 December, the eve of the Forum. For more details on this event, please click here.

Please write to the organisers on info@eventica.co.uk for more details.

Latest NewsArkady Dvorkovich, Head of the Experts Directorate of the President of the Russian Federation, confirms as a speaker. Mr. Dvorkovich was appointed to …

Charles E. Ryan, Chief Country Officer and CEO of Deutsche Bank Group in Russia, confirms as a speaker. A widely acknowledged leader of the business …

Anatoly Chubais, CEO, RAO Unified Energy System of Russia, confirms for ‘Forbes Live’ interview with Maxim Kashulinsky. This unique session, designed specially for the …

Alexey Buyanov of AFK Sistema and Evgeny Luneyev of PIK Group confirm for CFO Roundtable, to be chaired by Oleg Anisimov of Finance Magazine. This session will give delegates a unique opportunity …

Oleg Vyugin, Chairman of the Board of Directors, MDM Bank, confirms as speaker. Mr. Vyugin brings a wealth …

Alexander Potemkin, President of MICEX and Alexei Rybnikov, Chief Executive of the MICEX Stock Exchange, confirm. The Moscow Interbank Currency Exchange …

Upcoming EventsInternational Herald Tribune presents Moscow 2007: Supreme Luxury

The Ritz-Carlton, Moscow, 28-29 November 2007

Bull & Bear Banquet

The Ritz-Carlton, Moscow, 9 December 2007

Global Investment and Finance Forum

The Ritz-Carlton, Moscow, 10-11 December 2007

4th Annual Russian Winter Festival

Trafalgar Square, London, 13 January 2008

4th Annual Russian ‘Old New Year’ Gala Dinner

Guildhall, London, 14 January 2008

11th Annual Russian Economic Forum

The Queen Elizabeth II Conference Centre, London, 20-22 April 2008

7th Annual Russian Rhapsody Charity Gala

The Great Room, Grosvenor House Hotel, London, 21 April 2008

Global Luxury Awards Ceremony

London, 23 April 2008.

2nd Annual Global Luxury Forum

Lawrence and Lindley Halls, London, 24 – 25th April 2008

Recent EventsWorld Travel Market 2007

Luxury Travel with a Conscience, ExCeL London, 12 November 2007

England v Russia Charity football match, in support of the ”Give Life” Foundation

London, 12 September, 2007

Dewar’s Russian Polo Cup 2007

Otrada Equestrian Centre, 8 July 2007

10th Annual Russian Economic Forum

The Queen Elizabeth II Conference Centre, London, 22-24 April 2007

6th Annual Russian Rhapsody Charity Gala

Old Billingsgate Market, London, 23 April 2007

Moscow Motion

Old Billingsgate Market, London, Saturday

April 21st, 2007

Global Luxury Forum

Old Billingsgate, London, 20 April 2007

News

Arkady Dvorkovich, Head of the Experts Directorate of the President of the Russian Federation, confirms as a speaker. Mr. Dvorkovich was appointed to his current role in April 2004, where he is a key adviser on the Russian government’s economic policy. He previously served as a Deputy Minister of Economic Development and Trade.

Charles E. Ryan, Chief Country Officer and CEO of Deutsche Bank Group in Russia, confirms as a speaker. A widely acknowledged leader of the business community in Russia, Mr. Ryan devoted more than a decade to founding and developing United Financial Group (UFG), one of Russia’s leading investment companies, which was later sold to Deutsche Bank in a landmark deal that was completed in early 2006. This transaction strengthened Deutsche Bank’s position as one of the leading investment banks in Russia.

Anatoly Chubais, CEO, RAO Unified Energy System of Russia, confirms for ‘Forbes Live’ interview with Maxim Kashulinsky.This unique session, designed specially for the Global Investment and Finance Forum in cooperation with Forbes, will allow conference participants a chance to take a look behind the pages of the well known business magazine, as it comes alive in this special interactive format.

Alexey Buyanov of AFK Sistema and Evgeny Luneyev of PIK Group confirm for CFO Roundtable, to be chaired by Oleg Anisimov of Finance Magazine. This session will give delegates a unique opportunity to hear directly from Finance Directors of leading Russian companies about the impact that the liquidity crunch is having on their plans to go to market.

Oleg Vyugin, Chairman of the Board of Directors, MDM Bank, confirms as speaker. Mr. Vyugin brings a wealth of experience from various posts in both the state and private sectors. Prior to joining MDM in May, he was head of the Federal Financial Markets Service, where he was an outspoken supporter of developing domestic stock markets in Russia.

Alexander Potemkin, President of MICEX and Alexei Rybnikov, Chief Executive of the MICEX Stock Exchange, confirm. The Moscow Interbank Currency Exchange (or MICEX) is one of the largest universal stock exchanges in Eastern Europe, hosting the shares and corporate bonds of over 550 companies, with a total capitalisation of over $900 billion.

Russian News Channel Vesti 24 to organise a series of interviews with key speakers in New York, London and Moscow, to be broadcast prior to the Forum. These interchanges will focus on the impact of the global financial climate on Russia and other emerging markets.

KPMG, a long-time Partner of Eventica, confirms as a Lead Partner for the Forum, with Roger Munnings, head of their operations in Russia, coming on board as a plenary speaker. A global network of professional firms providing Audit, Tax, and Advisory services, KPMG operates in 148 countries, and Russia is one of its fastest growing markets.

Gillian Tett, the Editor who oversees global coverage of financial markets for the FT, confirms as a speaker. In 2007, Ms. Tett was awarded the Wincott prize, the premier British award for financial journalism, for her capital markets coverage.

Centrelnvest Group signs up as a Lead Partner. With the recent appointment of Alexei Gurin as its General Director, the financial services group is poised to become a leader in the Russian market, offering a wide variety of services, including brokerage, investment banking, asset management and consulting.

Andrew Hunter, Head of Corporate Finance (Europe) for Macquarie, confirms as a speaker, on behalf of Macquarie Renaissance, their Russian joint venture. Macquarie is the world’s biggest private owner of infrastructure assets, with over $202 billion under management.

The European Bank of Reconstruction and Development (EBRD) confirms as a Lead Partner. The EBRD, established in 1991, is now the largest single investor in Eastern Europe and Central Asia. Russia has become an important focus of the bank in recent years, and for the Forum it will be holding a session on Public Private Partnerships (PPPs) and infrastructure development, a special area of interest.

Chris Gibson-Smith, Chairman of the London Stock Exchange (LSE), confirms as a plenary speaker. Following its merger with Borsa Italiana, the LSE is Europe’s leading equities business. In recent years, Russian companies have raised billions of dollars on the LSE and AIM, its junior exchange.

Hans Joerg-Rudloff, Chairman of Barclays Capital, confirms as plenary speaker. In addition to his position at Barclays, Mr. Rudloff sits on the boards of a number of other companies, including Russian oil giant Rosneft.

James Chanos, President and Founder of Kynikos Associates, confirms as a speaker. Mr. Chanos’ $4 billion New York based hedge fund is known for its success in short selling, and its identification of Enron’s problems ahead of the market.

John Peet, Europe Editor of the Economist, confirms as a speaker. Mr. Peet is a highly-respected economics commentator.

Ruben Vardanian, CEO of Troika Dialog, confirms as speaker. Mr. Vardanian has been the main driving force in creating one of Russia’s largest investment banks.

Forbes confirms as a Media Partner, and will do a special session entitled ‘Forbes Live’, moderated by Maxim Kashulinsky, the magazine’s editor in Russia.

Kommersant Dengi confirms as a Media Partner. The magazine’s editor, Sergei Yakovlev, will moderate a session at the conference.

Eventica in London

3 Quayside Lodge

William Morris Way

London SW6 2UZ

United Kingdom

Tel: +44 (0)20 7183 2560

Fax: +44 (0)20 7183 2561

Email: info@eventica.co.uk

See Google map

Eventica in Moscow

Office 302L

7 Delegatskaya Street

Moscow 127473

Russia

Tel: +7 495 649 1828

Fax: +7 495 649 1828

Global Investment and Finance Forum

The Ritz-Carlton, Moscow, 10-11 December 2007

PALESTINE POLL NUMBER 31

November 22, 2007 at 5:06 am | Posted in Arabs, Palestine, Research | Leave a comment

Palestinian public opinion poll no. 31

Subject: Poll No. 31

Mon, 19 Nov 2007

Hussein Ahmad hussein596@yahoo.com

Hello;

Enclosed please find the major results of the Public

Opinion Poll No. 31 conducted between November 15-17

by the Center of Opinion Polls and Survey Studies at

An-Najah National University.

Palestinian public opinion poll no. 31 undertakes the

current political realities especially the incidents

that took place in the Gaza Strip, the domination of

Hamas over the Strip, the accompanying development on

the Palestinian arena, the Annapolis Conference in

addition to political affiliations.

We hope that you will be able to benefit from these

results and let us know of your observations, comments

and advice.

Your response will be very much appreciated.

Thanks

Dr. Hussein Ahmad

Director, Opinion Polls and Survey Study Center

An-Najah National University An-Najah National University

Center for Opinion Polls and Survey Studies

Tel: (972) (9) 2345113 Fax: (972)(9) 2345982

Nablus – Palestinian: P.O.Box 7, 707

Email: Polls@najah.edu hussein596@yahoo.com

Results of Palestinian Public Opinion Poll

No. 31

15-17 November 2007

Background

The Palestinian leadership finally resolved to participate in the Annapolis conference despite the fact that more than one Palestinian official declared that the conference is destined to fail. President Abu Mazen confirmed that he will not accept any political offer that late President Arafat rejected.

Hamas movement and the dissolved (by President Abbas) government launched a severe attack against the participants in the Annapolis Conference considering the Conference an attempt to compromise the Palestinian fixed and nonnegotiable rights. Hamas and the Palestinian factions in Damascus failed to hold a conference to counter Annapolis. The counter conference was supposed to take place in Damascus but was postponed sine die.

The aggressions, as testified by recognized jurists, committed by the Executive Force in Gaza against the citizens who went out to commemorate the third anniversary of the departure of Abu Ammar stirred a wave of Palestinian official and popular responses. What is important is the rift made between the two Palestinian conflicting factions at a time when unity is a much needed demand especially as the date of the Annapolis Conference is approaching.

The Results

Following are the results of the Palestinian Public Opinion Poll No. 31 conducted by the Center for Opinion Polls and Survey Studies at An-Najah National University during the period from 15-17 November, 2007. The University sponsors all polls conducted by its Center.

Palestinian public opinion poll no. 31 undertakes the current political realities especially the incidents that took place in the Gaza Strip, the domination of Hamas over the Strip, the accompanying development on the Palestinian arena, the Annapolis Conference in addition to political affiliations.

The sample included 1360 persons whose age group is 18 and above and who have the right to vote. The enclosed questionnaire was distributed on 860 persons from the West Bank and 500 persons from the Gaza Strip. The sample was drawn randomly and the margin of error is about ±3%; still 4.2% of the members of the sample refused to answer the questionnaire.

_____________________________________________________________________

The opinions represented in the results reflect those of the study; they do not, by any means, represent the opinion of An-Najah National University.

The General Results:

57.1% of respondents rejected the claim that the Palestinian Authority worked to end the role of the PLO and that the PA currently uses the PLO to counter Hamas; 27.4% supported these feelings.
33.3% of respondents supported Hamas‘ refusal to join the PLO as long as the Organization does not adopt Hamas‘ program, 53.7% rejected.
50.4% of respondents believed that it is necessary to add Hamas to the institutions of the PLO.
32.9% of respondents believed that Hamas is serious in its intentions to join the PLO.
68.4% of respondents considered the PLO the only legitimate representative of the Palestinian people.
69.8% of respondents rejected declarations made by some officials of Hamas that the PLO institutions are illegitimate and do not represent the Palestinian people; 24.7% supported that.
45.4% of respondents considered Salam Fayyad’s government the legitimate Palestinian government; 19.3% considered Ismael Haniyeh’s government the legitimate one.
Regardless of legitimacy or illegitimacy, 51.7% supported the general policy of the government of Salam Fayyad.
Regardless of legitimacy or illegitimacy, 22.6% supported the general policy of the dissolved government of Ismael Haniyeh.
43% of respondents considered Hamas bloc as the side which is impairing the work of the PLC; 24.5% considered Fateh bloc as the side.
55% of respondents called upon President Mahmoud Abbas to issue a decree by which he dissolves the PLC since it has been inactive for a long period of time.
46.2% of respondents saw that the PLC members put the interest of their political party first and that of their country second.
81.3% of respondents said that they will participate in the coming legislative elections. From among those who said they will participate, 50% said that they will give their votes to Fateh’s candidates; 14.6% said they will give their votes to Hamas‘ candidates.
If PLC elections are to be conducted, 53.8% of respondents expected the winning of Fateh movement; 14.4% expected the winning of Hamas.
36.7% of respondents believed that Hamas cannot control the West Bank because of the Israeli Occupation; 23.3% believed that it is because Fateh is strong in the West Bank; 19.6% believed that it is because Hamas is week in the West Bank.
72.6% of respondents rejected declarations made by a Hamas leader which were understood as revealing an intention of Hamas to dominate the West Bank as it did in the Gaza Strip.
18.9% of respondents supported forming an executive force in the West Bank; 72.8% opposed that.
34.1% of respondents supported the arrest of some of the Hamas affiliated individuals by the Palestinian security apparatuses.
13.6% of respondents supported the arrest of some of the Fateh affiliated individuals by the Executive Force in the Gaza Strip.
33.6% of respondents said that they believe the reports about the torture that the Palestinian security forces inflect on the arrested members of Hamas in the West Bank.
56.8% of respondents said that they believe the reports about the torture that the Executive Force inflect on the arrested members of Fateh in the Gaza Strip.
14.6% of respondents believed that freedom of expression in the Gaza Strip improved after the incidents of Gaza; 63.3% believed that it retreated.
21% of respondents believed that freedom of expression in the West Bank improved after the incidents of Gaza; 34.7% believed that it retreated.
16.3%of respondents believed that the meeting that took place between Mahmoud Abbas and a number of Hamas leaders in the West Bank was a result of personal initiatives by Hamas leaders, 18.8% saw that it was an indicator of a split within Hamas, and 21.8% saw that the vision of the leaders of Hamas in the West Bank is different from that of the leaders of Hamas in the Gaza Strip.
17% of respondents believed that the security conditions in the Gaza Strip after the domination of Hamas are improving; 64.9% said they are deteriorating.
41% of respondents believed that the security conditions were better before Hamas took hold of the Strip; 28.6% believed the contrary.
59.9% of respondents considered what Hamas did as a coup against Palestinian legitimacy.
68.3% of respondents believed that Hamas is endeavoring to create an entity of its own in the Gaza Strip in isolation from the West Bank; 25.7% believed the contrary.
21.9% of respondents believed that Hamas is capable of managing the life affairs of the citizens of the Gaza Strip.
30.6% of respondents said that when they listen to the news, they believe Fateh media, 13.2% said they believe the Hamas media, and 45.1% said they believe neither of them.
In the point of view of respondents, the priorities of the present government led by Salam Fayyad should be as follows:

Restoring control over the Gaza Strip 59.4%
Restraining security chaos in the West Bank 70.1%
Restoring dialogue between Fateh and Hamas 50.7%
Improving the economic conditions 68.9%
Paying the salaries of employees 74.3%
Rebuilding Palestinian institutions 66.3%

The personal priorities of respondents at the present time were as follows:

Restoring control over the Gaza Strip 67.1%
Restraining security chaos in the West Bank 81.5%
Restoring dialogue between Fateh and Hamas 70.9%
Improving the economic conditions 85.9%
Securing funds for the salaries of employees 86.2%

30.8% of respondents believed that the peace conference (Annapolis Conference) that the US called for holding in the coming fall will succeed; 54.9% believed it will fail.
61.3% of respondents supported the participation of the Palestinian Authority in the fall conference (Annapolis Conference); 29.2% rejected that.
68.2% of respondents supported the notion that Palestinian arms must only be in the hands of the Palestinian security apparatuses.
61.6% of respondents believed that the security campaign that the Palestinian Government began in Nablus to restore order and the rule of law will succeed; 24.6% believed that it will fail.
70.8% of respondents supported the universities’ administrations in suspending students’ extracurricular activities inside campuses to maintain a smooth running of the educational process and to avoid involving universities in political struggles.
38.5% of respondents believed that Al-Qassam Brigades will resume firing rockets from the Gaza Strip against Israel after the domination of Hamas on the Strip.
57.6% of respondents expressed fear for their lives under the present circumstances.
62.7% of respondents said that they are pessimistic of the general Palestinian situation at this stage.
78.7% of respondents said that they neither feel safe for themselves nor for their families and properties under the current circumstances.

As for political affiliation respondents gave the following results:

People’s Party	1.1%
Democratic Front	1.1%
Islamic Jihad	3.2%
Fateh	44.3%
Hamas	13.2%
Fida	0.4%
Popular Front	3.7%
Palestinian National Initiative	0.8%
I am an independent nationalist	5.7%
I am an independent Islamist	3.8%
None of the above	22.0%
Others	0.7%

Gaza Strip

If new PLC elections are conducted, whom do you vote for?

Total

West Bank

Gaza Strip

If new legislative elections were to be held today, which of the following would win?

Total

West Bank

Gaza Strip

When you listen to the news through Fateh and Hamas media, whom do you tend to believe?

Total

West Bank

Gaza Strip

What, in your opinion, are the priorities of the present Palestinian government led by Salam Fayyad? (State your opinion on a 0-10 scale)

Total

West Bank

Gaza Strip

What are your priorities at the present time? (State your opinion on a 0-10 scale)

Total

Is the Strip against Israel?

Total

West Bank

Gaza Strip

Are you worried about your life under the present circumstances?

Total

West Bank

Gaza Strip

Are you pessimistic or optimistic towards the general Palestinian situation at this stage?

Total

West Bank

Gaza Strip

Under the present circumstances, do you feel that you, your family and your properties are safe?

Total

West Bank

Gaza Strip

Which of the following political affiliations do you support?

PARTY	Total	West Bank	Gaza Strip
People’s Party	1.1	0.6	2.0
Democratic Front	1.1	0.6	2.0
Islamic Jihad	3.2	1.7	5.8
Fateh	44.3	39.7	52.4
Hamas	13.2	13.7	12.2
Fida	0.4	0.2	0.8
Popular Front	3.7	2.8	5.2
Palestinian National Initiative	0.8	1.0	0.4
I am an independent nationalist	5.7	6.0	5.0
I am an independent Islamist	3.8	4.2	3.0
None of the above	22.0	28.6	10.6
Others	0.7	0.8	0.6
Total	100.0	100.0	100.0

BANK FOR INTERNATIONAL SETTLEMENTS REVIEW NO. 135 2007: GLOBAL FINANCIAL MARKETS

November 22, 2007 at 12:34 am | Posted in Economics, Financial, Globalization, Research | Leave a comment

BIS Review

Bank for International Settlements

BIS Review No 135

available

Wed 11/21/07

Please find BIS Review No 135 attached as an Adobe Acrobat (PDF) file.

Alternatively, you can access this BIS Review on the Bank for International Settlements’ website: http://www.bis.org/list/cbspeeches/index.htm

Press, Service (Press.Service@bis.org)

Publications, Service (Publications@bis.org)

What’s included?

BIS Review No 135 (21 November 2007)

Toshihiko Fukui: Developments in Japan’s economy and an overall review of the central bank’s conduct of monetary policy

Pierre Duguay: Managing risks to financial system stability

Su Ning: Bankcard services for farmers in Anhui Province, China

Ignazio Visco: Panel discussion on “Follow the money – global financial markets”

Lorenzo Bini Smaghi: Real and nominal convergence – policy challenges

_____________________________

please e-mail press.service@bis.org.

BIS Review

Bank for International Settlements

BIS Review No 135

available

Press, Service (Press.Service@bis.org)

Publications, Service (Publications@bis.org)

Wed 11/21/07

ORINOCO PETROLEUM BELT: VENEZUELA

November 21, 2007 at 4:35 pm | Posted in Economics, Financial, Globalization, Oil & Gas, Research | Leave a comment

Faja Petrolífera del Orinoco

(Orinoco Petroleum Belt)

Orinoco Belt

The Orinoco Belt is a territory which occupies the southern strip of the eastern Orinoco River Basin in Venezuela. Its local Spanish name is Faja Petrolífera del Orinoco (Orinoco Petroleum Belt).

The Orinoco Belt is located south of the Guárico, Anzoátegui, Monagas, and Delta Amacuro states, and it follows the line of the river. It is approximately 600 kilometres from east to west, and 70 km from north to south, with an area about 55314 km².

Petróleos de Venezuela S.A. has estimated that the Orinoco Belt has 236 billion barrels of heavy crude, which would make it the largest petroleum reserve in the world, before Saudi Arabia [1]. Estimates goes as far as 300 billion barrels [2], while Venezuela’s current exploitable reserves are of 80 billion barrels [1]

It is currently divided into four exploration and production areas. These are: Boyacá (before Machete), Junín (before Zuata), Ayacucho (before Hamaca), and Carabobo (before Cerro Negro). The current exploration area is about 11,593 km².

Oil Sowing Plan 2005-2030

Source: The data in this article is taken directly from the official PDVSA (Petróleos de Venezuela S.A.) web page.
Venezuela power policy guidelines until the year 2030 are drawn up in the “Oil Sowing Plan” (“Plan Siembra Petrolera”), which includes six development projects and consists of two stages: one to be executed in the period 2005-2012, and another, to be developed in the second stage, 2012 and 2030.

For the first period of this Plan, an overall investment of around US $56,000 billion has been estimated between 2005 and 2012. 70% of that amount will be financed by Venezuela — state operator — and the rest by the private sector.

Oil Sowing Plan 2005-2012 includes six fundamental axes:

Magna Reserve: Destined toward the quantifying and certifying of oil reserves in the Orinoco Oil Belt. In a presentation given by PDVSA (held by Director Ignacio Layrisse) at the VII LAPEC conference in Buenos Aires, March 2001, the proven Venezuelan reserves were given as 76 billion barrels. Of this amount 52 billion barrels were heavy or extra heavy oil, including 37 billion reserves of extra heavy in the Orinoco Belt (1 in Machete, 15 in Zuata, 6 in Hamaca and 15 in Cerro Negro). This indicates that Venezuela’s reserves, according to PDVSA, in 2001 were 39 billion barrels excluding the Orinoco Belt.

Orinoco Project: In charge of developing the Orinoco Belt. Twenty-seven blocks have been selected for development under this project with the cooperation of selected companies. Because of the strategic location of this hydrocarbon reservoir, it is considered of vital importance in reducing levels of overcrowding in some parts of the country and providing local employment. Services and housing will be developed to guarantee adequate oil exploitation.

Delta-Caribbean Project: Gas will be incorporated to the country energy supply. This project pursues offshore gas development in the Deltana Platform off the coast of eastern Venezuela. Further developments are located in the Paraguaná Peninsula, to the north-west of the country.

Refinement: To increase refinement capacity in Venezuela is one of PDVSA’s strategic goals. Oil Sowing Plan undertakes the creation of new refineries: Cabruta (with capacity for 400,000 extra-heavy crude barrels per day), Batalla de Santa Ines (50,000 barrels) and Caripito (50,000 barrels per day destined to asphalt production). With these three new refineries and the improvement of the existing ones, PDVSA’s processing capacity on Venezuelan soil will be increased to 700,000 barrels a day.

Infrastructure: More filling centers and pipelines will be set up to guarantee fuel supplies to the whole nation. The agreement for the construction of the Transguajiro gas pipeline between Venezuela and Colombia has been signed in 2005 [3].

Integration: According to Hugo Chavez’s aims, oil is to be used as a geopolitical resource helping the integration of the peoples of Latin America and the Caribbean. Venezuela thus created Petrocaribe and signed the Petrosur agreement. A refinery was also to be built close to Petrobras in Brazil.

References

a b Le Venezuela nationalise son eldorado pétrolier, Le Figaro, 30 April 2007 (French)

Sur l’Orénoque, Chávez fait la fête au pétrole, Libération, 3 May 2007 (French)

Visto bueno a gasoducto transguajiro, BBC, 24 November 2005 (Spanish)

Venezuela

Located in eastern Venezuela, north of the Orinoco River, the Orinoco oil belt vies with the Canadian tar sand for largest known accumulation of bitumen in the world. Venezuela prefers to call its tar sands “extra heavy oil”, and although the distinction is somewhat academic, the extra heavy crude oil deposit of the Orinoco Belt represent nearly 90% of the known global reserves of extra heavy crude oil.

Bitumen and extra-heavy oil are closely related types of petroleum, differing only in the degree by which they have been degraded from the original crude oil by bacteria and erosion. The Venezuelan deposits are less degraded than the Canadian deposits and are at a higher temperature (over 50 degrees Celsius versus freezing for northern Canada), making them easier to extract by conventional techniques.

Although it is easier to produce, it is still too heavy to transport by pipeline or process in normal refineries. Lacking access to first-world capital and technological prowess, Venezuela has not been able to design and build the kind of bitumen upgraders and heavy oil refineries that Canada has. However, in the early 1980’s the state oil company, PDVSA, developed a method of using the extra-heavy oil resources by emulsifying it with water (70% extra-heavy oil, 30% water) to allow it to flow in pipelines. The resulting product, called Orimulsion, can be burned in boilers as a replacement for coal and heavy fuel oil with only minor modifications. Unfortunately, the fuel’s high sulphur content and emission of particulates make it difficult to meet increasingly strict international environmental regulations.

Further development of the Venezuelan resources has been curtailed by political unrest. Venezuela is much less politically stable than a country such as Canada (which is a modern, politically stable democracy), and a strike by employees of the state oil company was followed by the dismissal of most of its staff. As tensions resolved, strike leaders pointed to the reduction in Venezuela’s domestic crude output as an argument that Venezuela’s oil production had fallen. However, Venezuela’s tar sands crude production, which sometimes wasn’t counted in its total, has increased from 125,000 bpd to 500,000 bpd between 2001 and 2006 (Venezuela’s figures; IAEA says 300,000 bpd).

Faja Petrolífera del Orinoco

(Orinoco Petroleum Belt)

Orinoco Belt

Petróleos de Venezuela S.A.

TURKEY’S FOREIGN RELATIONS

November 21, 2007 at 4:07 am | Posted in Arabs, Iran, Islam, Israel, Judaica, Middle East, Palestine, Zionism | Leave a comment

Jerusalem Issue Brief

Turkey: Between the

Iranian-Syrian Axis, Israel, and

the West – Aydan Kodaloglu –

Vol. 7, No. 21‏

Jerusalem Issue Brief

Institute for Contemporary Affairs

founded jointly at the:

Jerusalem Center for Public Affairs

with the Wechsler Family

Foundation

Vol. 7, No. 21 20 November 2007

Turkey: Between the

Iranian-Syrian Axis, Israel, and

the West

Aydan Kodaloglu

In the 2002 elections in Turkey, the Justice and Development party came to power with 34 percent of the vote. On July 22, 2007, the Turkish people gave the Justice and Development party 46.7 percent. The Justice and Development party has decided to write a new Turkish constitution that includes lifting the ban on the turban, which is viewed by the majority of Turkish society as a political symbol.

A few years ago the major mobile phone carrier, Turkcell, was chosen in a major tender as a carrier for Iran, jointly with the Iranian government. Turkcell went through all the stages, and as they were going to merge the system with their local Iranian partners, the Iranian parliament stopped the joint venture, out of the blue. Millions of dollars were wasted as a result.

We in Turkey are more afraid of Iran being successful in Iraq than we are of Iran launching missiles at Turkey. Having an Iranian-influenced Iraq on our border is the more immediate problem. However, three hours after the September 6 incident involving Israel and Syria, the Iranian government sent a warning to Turkey saying that if it was involved in support of Israel and the United States, Turkey would not get away unscathed.

Iran is not exporting its Shi’ism into Turkey, but it is exporting radical Islam into Turkey, feeding it to the Sunni population.

In 1999 after a major earthquake in Turkey, Israel was the first nation to come to the rescue. They were looked upon as angels and heroes by the victims of the earthquake and they saved many lives. This has really touched the hearts of the Turkish people. We should build on this positive relationship.

Rise of the Justice and Development Party

In the 2002 elections in Turkey, the Justice and Development party came to power with 34 percent of the vote and a good majority in parliament. On July 22, 2007, the Turkish people voted again for the Justice and Development party, which this time received 46.7 percent of the vote, though it lost some seats in parliament due to the entry of a third party.

During its first 4 1/2 years the Justice and Development government was very successful, especially emerging from an economic crisis that began in 2001. The government has maintained economic stability, working jointly with the IMF. Due to their economic record, the Turkish people decided to vote for them one more time.

The Justice and Development party today has decided to write a new Turkish constitution, saying the existing constitution was written by the military and people who were chosen by the military commanders. Therefore, they are claiming to support the writing of a Turkish civil constitution. This has a lot of support in Turkey from the business world, from the NGOs, from the labor unions, from all walks of life. However, the party has also decided to include a number of questionable items in the new constitution, such as lifting the ban on the turban, which is forbidden in Turkish universities. Lifting the ban on the turban at universities began raising eyebrows. The majority of Turkish society views the turban as a political symbol.

Turkish Relations with Syria

Turkey’s relations with Syria have always been quite unsettled, due to the fact that Syria was the home of the Kurdish PKK terrorists until 1999. Then a Turkish military commander, Chief of the Turkish Land Forces Gen. Atilla Ates, went to the Syrian border and said, “You either deliver the terror group and its leader to us or we are coming in to get them.” The leader of the terror group was captured and is in jail in Turkey today. Is there still a territorial dispute between Syria and Turkey? According to the Syrians, there is, but according to Turkey, there isn’t. When compared to Syria, Turkey sees Israel and the U.S. as its reliable allies.

Turkish Relations with Iran

There have been fears of Iran exporting radical Islam into Turkey in the past, but on July 26, 2007, the Turkish Minister of Energy signed an agreement with the Iranian government to transport natural gas from Iran to Turkey.

Economic relations between Turkey and Iran are not always smooth. A few years ago the major mobile phone carrier, Turkcell, was chosen in a major tender as a carrier for Iran, jointly with the Iranian government. Turkcell went through all the stages, and as they were going to merge the system with their local Iranian partners, the Iranian parliament stopped the joint venture, out of the blue. Millions of dollars were wasted as a result. Something very similar happened to a major airport logistics company in Turkey, Akfen Holding, which was chosen by the Iranians to operate the Teheran airport. Just before they started operations, the Iranian parliament failed to confirm the joint venture and, again, a lot of money was wasted.

We in Turkey are more afraid of Iran being successful in Iraq than we are of Iran launching missiles at Turkey. This is because having an Iranian-influenced Iraq on our border is the more immediate problem. Therefore, from the Turkish perspective, we must first prevent Iran from coming into Iraq, and then we can deal with Iran itself. This is the basic thinking of the Turkish people. However, three hours after the September 6 incident involving Israel and Syria, the Iranian government sent a warning to Turkey saying that if it was involved in support of Israel and the United States, Turkey would not get away unscathed.

Turkey and Israel

Turkey is becoming an energy corridor between the East and the West, and we foresee building pipelines between Turkey and Israel for water and natural gas. One day, the existing oil pipeline between Turkey and Iraq may be extended to Israel as well.

There is a perception in certain circles in Turkey of a conspiracy: that Israel tends to prefer its new friends, the Kurds, to its old friends, the Turks. But Turks are doing business in Northern Iraq and this is in the best interests of Israelis, Turks, and Kurds, to live in peace. A lot of Turkish businesses are operating in northern Iraq and have been doing so since 1990.

The Armenian Issue

The American Jewish lobby has always been on Turkey’s side in the American Congress, especially on the issue of blocking the Armenian genocide allegations. A sudden change has led to disappointment in Turkey. However, I think Turkey and Israel and the American Jewish community today have more important matters to look into and cooperate on rather than talk about allegations from 1915.

Our task is to cooperate today for today and tomorrow, and not to discuss what happened in 1915. Just leaving it to the interpretation of historians will suit us fine for the time being. This is not the time to talk about the Armenian genocide when we have issues like Iran going nuclear, chaos in Iraq, radical Islamism and terror, and Turkish children dying from PKK terror every day. Maybe in a few years we can get back to the issue of whether this was a genocide or not, but we must now put it aside. Furthermore, the allegations are stemming from some in the Armenian diaspora who have been making a living on these allegations since 1952 when Turkey joined NATO. Therefore, the allegations have become more of an issue of lobbying rather than dealing with the facts.

Turks Unaware of Sunni-Shi’ite Division

Until the recent clashes between Sunni and Shi’ite Muslims, the average Turk was not very knowledgeable about the separate sects among the Islamic nation. Most Turks are Sunnis as is the government, and they are not familiar with the separation of Sunnis and Shi’ites. In Turkey, the only significant minority are the Alevis, who accept some Shi’ite beliefs but would not describe themselves as Shi’ites. Who is an Alevi and who is a Sunni was never an issue until after 2000. The previous administration of the Justice and Development party had no Alevis among them, but this time they corrected this by putting Alevis on the ballot as candidates. Iran is not exporting its Shi’ism into Turkey, but it is exporting radical Islam into Turkey, feeding it to the Sunni population. The Iranians have no bonds or communication with the Turkish Alevis.

Some EU politicians tell us we have to recognize the Armenian genocide, and that Turkey should give a little bit of its territory to all these other nations too. First, the Europeans should deal with the issue of Cyprus before they say anything to Turkey. Second, I will vote against Turkey joining the EU. I would vote for Turkey being a member of the customs union. Trade volume between Turkey and the EU is obviously great. But I’m not sure about the idea of joining the EU.

I personally do not see a solution to the Palestinian-Israeli situation unless Israel’s borders are secure and the children of Israel live in peace as well as the children of Palestinians. In addition, I do not take it upon myself as a citizen of Turkey to help the Palestinians when they’ve got closer brothers like Saudi Arabia, Egypt, and Jordan.

* * *
Ms. Aydan Kodaloglu is a former advisor to the President of Turkey, Turgut Ozal, and has been actively involved in U.S.-Turkish and Israeli-Turkish relations. This Jerusalem Issue Brief is based on her presentation at the Institute for Contemporary Affairs in Jerusalem on September 25, 2007.

This Jerusalem Issue Brief is available online at: http://www.jcpa.org

Dore Gold, Publisher; Yaacov Amidror, ICA Chairman; Dan Diker, ICA Director; Mark Ami-El, Managing Editor. Jerusalem Center for Public Affairs (Registered Amuta), 13 Tel-Hai St., Jerusalem, Israel; Tel. 972-2-561-9281, Fax. 972-2-561-9112, Email: jcpa@netvision.net.il.

In U.S.A.: Center for Jewish Community Studies, 5800 Park Heights Ave., Baltimore, MD 21215; Tel. 410-664-5222; Fax 410-664-1228. Website: www.jcpa.org. The opinions expressed herein do not necessarily reflect those of the Board of Fellows of the Jerusalem Center for Public Affairs.

The Institute for Contemporary Affairs (ICA) is dedicated to providing a forum for Israeli policy discussion and debate.

Jerusalem Issue Brief

http://www.list-jcpa.org/brief-sub.html

Jerusalem Issue Brief

http://www.list-jcpa.org/mail-brief/forms/optoutform.asp

Jerusalem Issue Brief – ICA/JCPA (briefmail@list-jcpa.org)

Jerusalem Issue Brief – ICA/JCPA (jcpa@netvision.net.il)

Tue 11/20/07

Jerusalem Center for Public Affairs

with the Wechsler Family Foundation

Vol. 7, No. 21 20 November 2007

Turkey: Between the Iranian-Syrian Axis, Israel, and the West

Aydan Kodaloglu

Tue 11/20/07

MASSACHUSETTS TECHNOLOGY LEADERSHIP COUNCIL

November 20, 2007 at 8:56 pm | Posted in Economics, Financial, Research, Science & Technology, USA | Leave a comment

MASSACHUSETTS

TECHNOLOGY LEADERSHIP COUNCIL

MassTLC Programs &

Events

Wed 11/14/07

Upcoming Programs

(further details below):

12/04/07 – Growing Your Company

With Venture Capital

10/30/07 – Building a Substantial Technology Business Without Early Stage Venture Capital: Lessons Learned

11/01/07 – Anything, Anytime, Anywhere: 21st Century Interactions

11/06/07 – Using Buyer Personas to Understand Customers & Win Business

11/16/07 – Selling & Going Public: Leadership Issues

12/04/07 – Growing Your Company With Venture Capital

——————————————————————————–

Building a Substantial Technology Business Without Early Stage Venture Capital:

Lessons Learned

Entrepreneurial Series

Tuesday, October 30, 2007

7:45-8:00 am registration; 8:00-10:00am program

Silicon Valley Bank, 2221 Washington Street, Suite 200, Newton, MA

Join several of New England’s most successful technology entrepreneurs in an interactive session addressing the lessons they learned in building their companies without early stage venture capital. Tom Litle, President and CEO, Litle & Co.; Jack Little, President and Co-founder, The MathWorks and Jeremy Wertheimer, President and CEO, ITA Software will share their experiences and lessons learned as they grew their companies from concept to the vibrant and rapidly growing organizations they manage today. Come prepared with your questions regarding the critical challenges each of these entrepreneurs faced and how they met those challenges at each phase of their company’s development.

Participants:

Ian Carver, Regional Manager, DLA Venture Pipeline (moderator)

Tom Litle, CEO, Litle & Company

Jack Little, CEO, The MathWorks

Jeremy Wertheimer, CEO, ITA

Register at: http://function.masstlc.org/programs_ne w/event_single.cfm?eventid=798

——————————————————————————–

Anytime, Anywhere: 21st Century Interactions

Going Global With Mobile Business

Thursday, November 1, 2007

7:30am registration/demos; 8:00-12:00pm program

UK Trade & Investment, One Memorial Drive, Cambridge, MA

(Note: Photo ID required at building security)

The future is here in a world of video, voice, data, and services delivered in any format and on any device you designate, anywhere in the world. This session will bring banking, energy, government, healthcare, and IT together with a combination of peer-to-peer discussion and interactive demonstrations.

Participants:

Sharon Gillett, Commissioner, Dept of Telecommunications and Cable (keynote)

Mike Barrett, Founder, Critical Mass (moderator)

Joe Barboza, CEO, Cyphermint

Brenda Horn, Senior Manager, Enterprise Strategic Planning, Raytheon

David Kopans, Director of Regulatory Affairs, Fat Spaniel Technologies, Inc.

Walter Kuketz, CTO, Collaborative Consulting

Doug McClure, Partners’ Center for Connected Health

Carol Rose, Director, ACLU-Mass

Register at: http://function.masstlc.org/programs_ne w/event_single.cfm?eventid=796

——————————————————————————–

Using Buyer Personas to Understand the Customer and Win More Business

Sales & Marketing Series

Tuesday, November 6, 2007

7:45-8:00am registration; 8:00-10:00am program

IBM Conference Center, 404 Wyman Street, Waltham, MA

During this Sales & Marketing Roundtable, speaker Adele Revella will help us explore the use of buyer personas to capture insight into the goals, perspectives, and decision-making processes of real-life buyers.

Register at: http://function.masstlc.org/programs_ne w/event_single.cfm?eventid=801

——————————————————————————–

Selling & Going Public: Leadership Issues

Entrepreneurial Series

Friday, November 16, 2007

7:45-8:00am registration; 8:00-10:00am program

Silicon Valley Bank, 2221 Washington Street, Suite 200, Newton, MA

Participants:

Mark Gallagher, Senior Relationship Manager, Silicon Valley Bank (moderator)

Dean Goodermote, CEO, Double-Take Software

Peter Gyenes, Former CEO, Ascential Software

Carol Vallone, Former CEO, WebCT

Register at: http://function.masstlc.org/programs_ne w/event_single.cfm?eventid=799

——————————————————————————–

Growing Your Company With

Venture Capital

Entrepreneurial Series

Tuesday, December 4, 2007

7:45-8:00am registration; 8:00-10:00am program

Silicon Valley Bank, 2221 Washington Street,

Suite 200, Newton, MA

Participants:

James Geshwiler, Managing Director, Common Angels (moderator)

Bob Cramer, CEO, LiveVault

Gail Goodman, CEO, ConstantContact

Rock Gnatovich, CEO, Spotfire

Register at: http://function.masstlc.org/programs_ne w/event_single.cfm?eventid=800

——————————————————————————–

Other Items of Interest

Information and Communication Technology Catalog Show

October 30-November 1, 2007

Al-Bireh Municipal Hall, Ramallah

The U.S. Commercial Service in Jerusalem is organizing a unique “Information and Communication Technology Catalog Show” at Expotech 2007. Expotech draws more than 50 exhibitors and 40,000 trade visitors every year.

Register at: www.buyusa.gov

—————————————————————————-

Atlantic Canada-New England 2007 Business Forum

Innovation and Growth: Success Beyond Borders

Monday, November 5, 2007; 6:30-9:00pm

Marriott Hotel, Quincy, MA

A delegation of 65 business and technology organizations from Atlantic Canada will team up with their New England counterparts to discuss common challenges and trade opportunities, cross-border investments and technology cooperation in four key sectors: Technology for the Delivery of Education and Health Care; Bio Solutions in Medicine; Oceans Bounty Technologies; and Bridging Labor Shortages.

No charge for delegates, but pre-registration is required on a first come first serve basis. Contact Ellen Rota at (781) 801-4310 or email ellenrota@aol.com with questions.

Register at: http://www.necbc.org/

——————————————————————————–

The New Rules of Marketing:

Strategies and Tactics for Reaching your Buyers Directly

Thursday, November 15, 2007, 6:15-9:00pm

Oracle, 10 Van de Graaff Drive, Burlington, MA

The Boston Product Management Association (BPMA)

Welcomes Guest Speaker David Meerman Scott of Pragmatic Marketing.

In this engaging presentation, you will learn how to reach your buyers directly, establishing a personal link with current and prospective customers; reach niche buyers with targeted messages for a fraction of the cost of “old-school” advertising they’ll likely ignore; develop and publish content people want to read and that search engines reward with high rankings; and how tools like YouTube video, blogs, podcasts, and social networking can be used to enhance your online presence.

Register at: http://www.bostonproducts.org/event_reg. php?ev_id=152

——————————————————————————–email: programs@masstechleaders.org

phone: 617-437-0600

web: http://www.masstechleaders.org

MASSACHUSETTS TECHNOLOGY LEADERSHIP COUNCIL

MassTLC Programs & Events

Upcoming Programs (further details below):

12/04/07 – Growing Your Company With Venture Capital

Wed 11/14/07

BANK FOR INTERNATIONAL SETTLEMENTS REVIEW NOS. 134-132 2007: FINANCIAL STABILITY

November 20, 2007 at 6:37 pm | Posted in Economics, Financial, Globalization, Research | Leave a comment

BIS Review

Bank for International Settlements

BIS Review No 134 available

Please find BIS Review No 134 attached as an Adobe Acrobat (PDF) file.

Alternatively, you can access this BIS Review on the Bank for International Settlements’ website: http://www.bis.org/review/index.htm

What’s included?

BIS Review No 134 (20 November 2007)

Miguel Fernández Ordóñez:

Momentum of the global economy and the recent turbulence on the financial markets

Emsley D Tromp: Tourism in the Netherlands Antilles from a macroeconomic perspective

Krzysztof Rybinski: Innovations in the financial markets – globalization of the infrastructure

Mohd Razif bin Abd Kadir: Unlocking opportunities

Bandid Nijathaworn: Reserves accumulation and global investment-savings adjustment – an Asian perspective

Gertrude Tumpel-Gugerell: Going the extra mile to be ready for SEPA

________________________________

please e-mail press.service@bis.org

BIS Review No 133 available

Press, Service (Press.Service@bis.org)

Mon 11/19/07

Publications, Service (Publications@bis.org)

Please find BIS Review No 133 attached as an Adobe Acrobat (PDF) file.

Alternatively, you can access this BIS Review on the Bank for International Settlements’ website: http://www.bis.org/review/index.htm

What’s included?

BIS Review No 133 (19 November 2007)

Toshihiko Fukui: Central banking under globalization

Stanley Fischer: A brief look at the Israeli economy and the vital importance of employment

Radovan Jelašic: Macroeconomic policy and export sector

Mohd Razif bin Abd Kadir: Shared services and outsourcing in the Malaysian financial sector

Randall S Kroszner: Risk management and the economic outlook

Jürgen Stark: Monetary policy and the money market – key principles and recent experience

________________________________

please e-mail press.service@bis.org.

BIS Review No 132 available

Press, Service (Press.Service@bis.org)

Fri 11/16/07

Publications, Service (Publications@bis.org)

Please find BIS Review No 132 attached as an Adobe Acrobat (PDF) file.

Alternatively, you can access this BIS Review on the Bank for International Settlements’ website: http://www.bis.org/review/index.htm

What’s included?

BIS Review No 132 (16 November 2007)

Ben S Bernanke: Federal Reserve communications

Toshihiko Fukui: Developments in economic activity and prices in Japan and the conduct of monetary policy

Stefan Ingves: Introduction on monetary policy

Ardian Fullani: The importance of economic research

John Hurley: Financial Stability Report 2007

Miguel Fernández Ordóñez: The monetary policy strategy of the Eurosystem

________________________________

please e-mail us press.service@bis.org.

BIS Review

Bank for International Settlements

BIS Review No 134 available

Press, Service (Press.Service@bis.org)

Publications, Service (Publications@bis.org)

Tue 11/20/07

PRIME RESEARCH EGYPT: EMIRATES DAILY MORNING NEWS

November 20, 2007 at 7:23 am | Posted in Arabs, Economics, Financial, Middle East, Research | Leave a comment

Prime Emirates

Daily Morning News 20.11.2007

Prime Research

Tue 11/20/07

rhamid@otelecom.com

Dear Clients,

Prime Emirates Daily Morning News November 20, 2007

Please find below a link to our edition of Prime Emirates Daily Morning News November 20, 2007 which includes the following headlines:

DP World announced an increase in the size of its public share offering by 3% to 23%, enabling the company to potentially raise US$ 4.96 billion in the Middle East’s biggest stock sale.

Dubai Financial Group will acquire 100% of Abraaj Egypt Ltd. and Abraaj SPV 26 Ltd. The two Abraaj-owned businesses provide access, via the US$1.1 billion transaction, to a 24.62% stake in the Cairo-based EFG-Hermes.

http://www.primeegypt.com/Research/UAE/Reports/Daily/November/20-11-07.pdf

With Compliments,

Prime Research

http://www.primeegypt.com/

Prime Emirates Daily Morning News 20.11.2007

Prime Research

Tue 11/20/07

SEMINAR: “GLOBAL SLOWDOWN”?

November 19, 2007 at 7:40 pm | Posted in Economics, Financial, Globalization, Research, USA | Leave a comment

Lombard Street Research

LSR Seminar Invitation:

“Global Slowdown or Crash? –

worst case is Britain!”

Mon 11/19/07

Charles Dumas, Chief Economist of Lombard Street Research will be joined by Peter Schiff, founder of Euro Pacific Capital Management, and Diana Choyleva, Head of our UK Service, to examine the prospects for the global economy in 2008. We invite you to attend the private presentation, followed by lunch, in New York on Friday 14th December 2007.

We are very privileged to welcome Peter Schiff as a guest speaker. Mr. Schiff is one of the few non-biased investment advisors (not committed solely to the short side of the market) to have correctly called the current bear market in US Dollar denominated assets before it began and to have positioned his clients accordingly. His best-selling book, “Crash Proof: How to Profit from the Coming Economic Collapse” was published by Wiley & Sons in February of 2007.

Diana Choyleva will analyze the vulnerability of the UK economy as the liquidity crunch turns into a credit crunch, under the title: “BoE faces its bogeymen: Sterling and the housing market”.

Peter Schiff will discuss why he feels the US economy is already in a recession and why the nominal US stock market gains merely reflect the dollar’s inevitable continued decline.

Charles Dumas will lastly examine if the Chinese authorities will allow major Yuan appreciation and progressively freer overseas investment. The title: “China’s decision time”.

As you are not yet a subscriber to our seminar service, it may be useful to you and your colleagues to attend the Lombard Street Research seminar which will examine the outlook for the US and global economy over the next 12/18 months.

Venue: Harvard Club, 27 W. 44th St., NY, NY 10036

Date: Friday, December 14th

Arrival time: 9:45 am

Lunch: From 12:30 pm

Limited places available.

RSVP (please indicate if you will be staying for lunch) or for more information please email rsvp@lombardstreetresearch.com or telephone 212 367 7644.

Regards,

Mike Payne

Account Manager

Lombard Street Research (US) Inc.

www.lombardstreetresearch.com

Bloomberg: LSRE

Tel: 646 723 2721

Fax: 646 723 2769

“A unique approach to economic analysis”

Lombard Street Research’s material is intended to encourage better understanding of economic policy and financial markets. It does not constitute a solicitation for the purchase or sale of any commodities, securities or investments. Although the information compiled herein is considered reliable, its accuracy is not guaranteed.

Venue: Harvard Club, 27 W. 44th St., NY, NY 10036

Date: Friday, December 14th

Arrival time: 9:45 am

Lunch: From 12:30 pm

Lombard Street Research

“Global Slowdown or Crash? –

worst case is Britain!”

LSR (lsr@lombardstreetresearch.com)

www.lombardstreetresearch.com

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