Yields on Ukraine’s $105 billion of government and company debt are the highest of any country with dollar-denominated bonds except Ecuador, which defaulted in December. The currency, the hryvnia, weakened 38 percent in the past 12 months against the dollar. The benchmark stock index lost 85 percent in 2008, the biggest drop in the world after Iceland, data compiled by Bloomberg show.

“The market is telling us there is a high probability of a default,” said Tom Fallon, head of emerging-markets at La Francaise des Placements in Paris, which manages $11 billion and sold its Ukrainian holdings six months ago. “It’s an advantage that the country is committed to policy measures that the IMF is prepared to back, but that is no guarantee it won’t default.”

The gap in yields between Ukraine’s bonds and Treasuries tripled in the past four months to 25.1 percentage points. The country’s bonds yield 9.6 percentage points more than debt sold by Argentina, which defaulted in 2001 and has yet to compensate all holders, according to JPMorgan Chase & Co. data.

Complete article: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a1JVGaW3TqqA

Could I ever think I would start hating holidays?!! Especially the winter ones?

That's the time I have to hide from myself. Another ticket, another flight from myself, second year in row. How long will it last?

Smth has fallen down - what a surprise...

The recession engulfing the U.S. economy deepened this month as employers slashed more jobs and manufacturing contracted at the fastest pace in a quarter century, economists said before reports this week. Employment may keep deteriorating as the credit crunch continues to bite, with Goldman Sachs Group Inc. analysts forecasting a 9 percent unemployment rate by late 2009.
Financial firms are at the forefront of the slump in services. Citigroup Inc., the U.S. bank with the most employees, said this month it plans to eliminate more than 50,000 jobs and cut expenses as the global economy contracts.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a53lCMziEuFg&refer=home

Ночной клуб Царь и кафе-клуб Мекка представляют пре-пати открытия нового скандального клубного проекта от Party Salon Agency во главе с амбициозным Лешей Кононовым ака DJ Конь! Посетителей ждет мега модняк уходящего года – диджей сеты от Jeremy P Caulfield и Butane, Германия.
В то время когда техно существует во многих вариациях и разветвлениях, существуют талантливые артисты, лейблы и диджеи которые обьединяют весь накопленный опыт, навыки и идеалы стиля. Одним из самых талантливых на данном поприще выглядит Jeremy P. Caulfield и его лейбл Dumb Unit.

Butane, для друзей известный как Butane Ramerez, Эндрю начал заниматся ди-джеингом с конца 2002, и уже в 2004-ом занялся продюссированием и выпуском собственных пластинок и релизов. Осознав, что ди-джейство это нечто большее чем сведение музыки, Butane развил передовую технологию, которая позволяет ему фактически создавать треки во время сета!
http://www.topclub.kiev.ua/news-view-219.html