Czech Republic: A Dark Spot in a Sunny Business
The Czech Republic burst on the scene from total solar obscurity and will disappear just as quickly. It is expected that 1,600 MW of solar PV will be connected to the grid by the end of this year from essentially zero in 2008.
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Yields Converge in Moscow With VTB Seeking Stake: Russia Credit
Growing expectations for bank consolidation in Russia are driving yields on Bank of Moscow bonds to the lowest in 11 weeks compared with VTB Group.
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Brazil To Cut Long Term Loans Combating Inflation
BRASILIA, Dec 1 (BERNAMA-NNN-MERCOPRESS) — Brazil plans to cut funding for its state development bank – BNDES – by 50% next year to bring down the world’s second-highest inflation-adjusted interest rates.
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