Rabobank triples net profit, ups spending on anti-money laundering controls

Rabobank is setting aside a further €249m to improve its money laundering controls, after the Dutch central bank expressed its concerns and threatened to impose a fine. ‘While we have made improvements, we acknowledge that we have not yet remedied the deficiencies in order to adequately meet the requirements,’ chairman Wiebe Draijer said in a … Read more

Kazakhstan takes lead in food supplies to Uzbekistan

As the Uzbek State Statistics Committee reports, last year food imports came generally from the countries such as Kazakhstan (34.1%), Russia (27.3%), Brazil (11.2%), Belarus (3.6%), and Ukraine (2.25%). Food imports from Kazakhstan in 2020 hit USD 867.3 mln against USD 996.5 mln in 2021. The share of Kazakhstan in food imports of Uzbekistan reached … Read more

January 2022: Georgian wine export up 51%

Georgia exported 5,3 million bottles of wine to 35 countries in January 2022, 51 percent more compared to the same period from last year, the Ministry of Agriculture and Environmental Protection announced on Tuesday. The exports generated $11.6 million from the sale of wine abroad in January, marking an increase of 43 percent, according to … Read more

Belarus, Slovakia step up cooperation in auto-engineering, medicine, tourism

Belarus and Slovakia are interested in intensifying cooperation between the business communities of the two countries, Chairman of the Belarusian Chamber of Commerce and Industry (BelCCI) Vladimir Ulakhovich said as he met with Chargé d’affaires of Slovakia in Belarus Katarina Zakova, BelTA learned from the BelCCI. The parties discussed ways of bolstering cooperation of Belarusian … Read more

U.S. envoy: Azerbaijan reliable energy supplier

U.S. ambassador Lee Litzenberger has described Azerbaijan as a reliable energy supplier. He made the remarks at a meeting with Energy Minister Parviz Shahbazov on February 9. The ambassador noted that natural gas will play an important role in the energy transition and stressed the necessity to encourage investment in natural gas projects. The parties … Read more

Netherlands: economic outlook more positive

The CBS Business Cycle Tracer has declared the improvement of the economic situation in January.Despite rises and falls, the situation is stable, with 10 out of 13 indicators showing performances above their long – term trend.
Thirteen key macroeconomic indictors are used by the CBS Business Cycle Tracer to monitor the economic situation in Holland. Macroeconomic picture, presented by this tool, is rather coherent, but can’t be applied equally in all cases.
Among negative factors, deteriorated consumer and producer confidence
can be cited.

In November services became the main thing that consumers spent their money on.
That month the total amount of export has shown a growth by 8.7 %. It was especially seen on the example of chemical, metal products and transport equipment. Compared to November 2019, the increase was by 10.2 %.

In November 2021, investments in tangible fixed assets increased by 1.9 %. Especially high were investments in dwellings and buildings, while investments in passengers cars and infrastructure were lower. Investments fell by over 1% compared to November 2019.

The Dutch manufacturing industry generated more average daily output by 10.6% than in November 2021.
The quantity of bankruptcies reached its historically low level in December (30 fewer cases). The expence of owner – occupied dwellings rose up by 20.4 % compared to the last year. Employers worked 3.5 billion hours more in Q3 2021 (1.8% more than in Q2 2021). Unemployment decreased to 369 thousand in the period from October to December.

Open vacancies showed a growth by 45 thousand at the end of September.
The turnover at temporary employment agencies increased by 2.8 percent compared to the previous quarter.
Gross Domestic Product rose by 2.1 % in Q3 2021 compared to Q2 2021, because of the rise of household and public
consumption.

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Uzbekistan exported $34.4 million worth of persimmon over a year

In 2021, Uzbekistan exported 75.2 thousand tons of persimmon to 12 countries for $34.4 million. According to the State Statistics Committee, persimmon exports decreased by 22.2 thousand tons compared to 2020. Over the year, the republic exported persimmon mainly to the following countries: Kazakhstan – 38.2 thousand tons Russia – 30.2 thousand tons Turkmenistan – … Read more

Energoatom, OCNI sign memorandum of cooperation

Ukraine’s NNEGC Energoatom and the Organization of Canadian Nuclear Industries (OCNI) have signed a memorandum of cooperation in the nuclear energy sector, Ukrinform reports, referring to the press service of Energoatom. “NNEGC Energoatom and the Organization of Canadian Nuclear Industries (OCNI) reaffirmed their partnership by signing a Memorandum of Understanding on cooperation in the field … Read more