Russia 110721 Basic Political Developments



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National Economic Trends

11:30 21/07/2011ALL NEWS


Russia gold, currency reserves up on July 8-15.


http://www.itar-tass.com/en/c154/189728.html

(adds)


21/7 Tass

MOSCOW, July 21 (Itar-Tass) Russia's gold and foreign exchange reserves climbed by 2.4 billion US dollars from 526.1 billion dollars to 528.5 billion (or by 0.11 per cent) on July 8-15, the business news agency PRIME reported on Thursday with reference to the foreign and public relations department of the Central Bank of Russia (CBR).

The country's foreign exchange reserves record registered on August 8, 2008 was 598.1 billion US dollars.

Since January 1, when the gold and foreign exchange reserves amounted to 479.379 billion dollars, this index has been raised by 10.25 percent.

07/21 12:18   RUSSIAN AGRICULTURE MINISTRY UPS GRAIN EXPORT FORECAST TO 18 MLN TONNES

http://www.interfax.com/news.asp


Russia: agrarians sowed grains and leguminous crops throughout 44.1 mln ha – Rosstat


http://www.agrimarket.info/showart.php?id=110188
 07/21/2011 10:15  

According to preliminary data, in Russia agricultural producers of all categories (agricultural organizations, farming enterprises, population) sowed grains and leguminous plants throughout the areas of 44.1 mln ha for the harvest-2011, sunflower - 7.6 mln ha, reported the Federal State Statistics Service (Rosstat) on July 19.

The sowing areas of grains and leguminous crops in the country increased compared to the previous year areas, to the level of 0.5 mln ha (1.2%), wheat sowings reduced by 1 mln ha (3.8%). Agrarians increased sunflower sowings by 5.7%.

Agricultural organizations still continue to focus most of the sowing areas of grains and leguminous crops - 74% of the general areas in farms of all categories, sunflower – 66.3%.

The share of private (farming) enterprises in sowings of grains and leguminous crops among farms of all categories in 2011 totaled 24.8% (in 2010 - 24.3%), sunflower sowings - 33.3% (32.6%).

In Russia, in June 2011 the volume of agricultural production of all categories of agrarian producers (agricultural organizations, farming enterprises, population) totaled 198 bln RUR (7.09 bln USD) in current prices, on the first half year of 2011 - 901.7 bln RUR (32.3 bln USD), an increase of 0.7%, declared the Federal State Statistics Service.




Business, Energy or Environmental regulations or discussions




Russian markets -- Factors to Watch on July 21


http://uk.reuters.com/article/2011/07/21/russia-factors-idUKLDE76K07420110721
Thu Jul 21, 2011 7:15am BST

MOSCOW, July 21 (Reuters) - Here are events and news stories

that could move Russian markets on Thursday.

You can reach us on: +7 495 775 1242

STOCKS CALL (Contributions to moscow.newsroom@reuters.com):

Alor: The external backdrop is neutral. Positive dynamics in

U.S. indexes may drive MICEX index to 1,710 points ...

but the achievement will not be secure because of the European

Union's crisis summit meeting starting at 1100 GMT.

Troika: We are opening our prices this morning flat.

EVENTS [RU-DIA] (All times GMT):

MOSCOW - Russian President Dmitry Medvedev is meeting Trade

Union leaders.

MOSCOW - Russian Prime Minister Vladimir Putin will hold a

cabinet meeting.

MOSCOW - The Russian government is due to review finalised

proposals on a relaxed duty regime for crude oil exports.

LONDON - Russian miner Petropavlovsk (POG.L) to release

operation update.

IN THE PAPERS [PRESS/RU]:

Vedomosti reports that Russian state oil major Rosneft

(ROSN.MM) is in talks with NLMK's (NLMK.MM) owner Vladimir Lisin

over a $200-400 million acquisition of ChernomorNeftegaz which

has rights to develop offshore deposits in the Black Sea.

Four Russian telecoms operators -- Rostelecom (RTKM.MM), MTS

(MBT.N), Vimpelcom (VIP.N) and MegaFon -- suggested current

third- and second-generation networks should not be used for the

fourth-generation network development, meaning smaller rivals

such as Nordic carrier Tele2 (TEL2b.ST) may end up without 4G

networks as undistributed spectrum is not enough to share among

more than four companies, Kommersant writes.

TOP STORIES IN RUSSIA AND THE CIS [RU-NEWS]:

TOP NEWS:

* Russia okays Total joining Arctic gas project [ID:nLDE76J0F7]

* Powerful quake shakes Central Asia, kills 13 [ID:nLDE76J00Q]

COMPANIES/MARKETS:

* TNK-BP minorities win BP-Rosneft fiasco case [ID:nLDE76J13U]

* Polyus Gold to invest $8.7 bln in 2011-2020 [ID:nLDE76J0SU]

* LUKOIL buys into offshore Sierra Leone project [ID:nLDE75Q0GF]

* Severstal raises $500 mln via Eurobond-sources [ID:nLDE76J0BY]

* Rouble up on risk appetite, bonds in demand [ID:nLDE76J16W]

* Russia 2011 car sales seen rising up to 40 pct [ID:nLDE76J05J]

* AvtoVAZ backs Putin for President [ID:nLDE76J1MM]

* Utinet eyes foreign listing after Moscow IPO [ID:nLDE76J104]

ECONOMY/POLITICS:

* Russia FDI tops $27 bln in H1 - Putin [ID:nLDE76J0K9]

* TABLE-Russia's three-year budget strategy [ID:nLDE74P1N9]

* Poll shows Putin's party to lose ground in Dec [ID:nLDE76J1GW]

* Libyan FM: no talks on Gaddafi's departure [ID:nLDE76J1A8]

* Kazakh leader back in office this week - min [ID:nL6E7IK1TT]

ENERGY:

* ANALYSIS-Russia top contingent liability: oil [ID:nLDE76H0YH]



COMMODITIES:

* TABLE-Russian sugar refining up 19 pct y/y [ID:nLDE76J0TE]

MARKETS CLOSE/LATEST:

RTS .IRTS 1,938.0 +0.07 pct

MSCI Russia .MIRU00000PUS 1,012.0 +0.28 pct

MSCI Emerging Markets .MSCIEF 1,134.8 -0.17 pct

Russia 30-year EurobondRU011428878= yield: 4.373/4.353 pct

EMBI+ Russia 11EMJ 197 basis points over

Rouble/dollar RUBUTSTN=MCX 28.0000

Rouble/euro EURRUBTN=MCX 39.7525

NYMEX crude CLc1 $98.31 -$0.09

ICE Brent crude LCOc1 $117.93 -$0.22

For Russian bank balances see CBDEPOS

For Russian company news, double click on [E-RU]

Treasury news [M-RU] Corporate debt [D-RU]

Russian stocks [.ME] Russia country guide RUSSIA

All Russian news [RU] Scrolling stocks news [STXNEWS/EU]

Emerging markets top news [TOP/EMRG]

Top deals [TOP/DEALS] European companies [TOP/EQE]



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