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International Industrial Bank
International Industrial Bank (in Russian: Международный Промышленный Банк, often abbreviated as Mezhprombank, Межпромбанк, or MPB, МПБ) is one of the largest Russian banks founded in 1992 by Sergey Pugachyov and Sergey Veremeenko. On July 6, 2010, IIB failed to pay €200 million in maturing eurobonds. The bank is in discussions with bondholders, the Central Bank of Russia, and depositors to stabilize its deteriorating liquidity position. On 30 November 2010, a Moscow court declared the bankruptcy and the insolvency of this bank. In 2006, the bank uncovered that OPK Trust Company based in New Zealand owns 100 percent share of it. OPK Trust Company is controlled by Sergey Pugachyov. On November 26, 2001, Novaya Gazeta published an article by Oleg Lurie claiming that the management of the bank had been involved in money laundering in the Bank of New York. The International Industrial Bank in response brought a libel suit against the new ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agence France Presse
Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency. AFP has regional headquarters in Nicosia, Montevideo, Hong Kong and Washington, D.C., and news bureaus in 151 countries in 201 locations. AFP transmits stories, videos, photos and graphics in French, English, Arabic, Portuguese, Spanish, and German. History Agence France-Presse has its origins in the Agence Havas, founded in 1835 in Paris by Charles-Louis Havas, making it the world's oldest news service. The agency pioneered the collection and dissemination of news as a commodity, and had established itself as a fully global concern by the late 19th century. Two Havas employees, Paul Julius Reuter and Bernhard Wolff, set up their own news agencies in London and Berlin respectively. In 1940, when German forces occupied France during World War II, the news agency was taken over by the authorities and renamed "Office ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Moscow
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Russia
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yulia Latynina
Yulia Leonidovna Latynina (russian: Ю́лия Леони́довна Латы́нина; born 16 June 1966) is a Russian writer and journalist. She is a columnist for ''Novaya Gazeta'' and the most popular host at the Echo of Moscow radio station for years. Yulia Latynina has written more than twenty books, including fantasy and crime fiction. Biography Yulia Latynina was born in Moscow on 16 June 1966. Her father is poet Leonid Latynin and her mother is literary critic Alla Latynina. Yulia Latynina studied philology at the Maxim Gorky Literature Institute from 1983 to 1988. In 1993, she defended her PhD at the Gorky Institute of World Literature. Latynina worked for periodicals ''Segodnya'' (1995–96), ''Izvestia'' (1996–97), ''Expert'' (1997–98), ''Sovershenno Secretno'' (1999–2000), ''Ezhednevny Zhurnal'' (2005–15) and '' Gazeta.ru'' (2006–2013). She also worked for television channels NTV (2000–01), ORT (2001–02), TVS (2002–03) and REN TV (2003–04) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Ruble
''hum''; cv, тенкĕ ''tenke''; kv, шайт ''shayt''; Lak: къуруш ''k'urush''; Mari: теҥге ''tenge''; os, сом ''som''; tt-Cyrl, сум ''sum''; udm, манет ''manet''; sah, солкуобай ''solkuobay'' , name_abbr = руб, Rbl , image_1 = Banknote_5000_rubles_2010_front.jpg , image_title_1 = banknote of the current series , image_2 = Rouble coins.png , image_title_2 = Coins , iso_code = RUB , date_of_introduction = 14 July 1992:RUR (1 SUR = 1 RUR)1 January 1998:RUB (1,000 RUR = 1 RUB) , replaced_currency = Soviet ruble (SUR) , using_countries = , unofficial_users = , inflation_rate = 12.0% (November 2022) , inflation_source_date Bank of Russia, inflation_method = CPI , unit = ruble , subunit_ratio_1 = , subunit_name_1 = kopeyka (копейка) ''tiyen''; ba, тин ''tin''; cv, пус ''pus''; os, капекк ''kapekk''; udm, коны ''kony''; Mari: ыр ''yr''; sah, харчы ''harchy'' , symbo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Basmanny Municipal Court
Basmanny District (russian: райо́н Басма́нный) is a district of Central Administrative Okrug of the federal city of Moscow, Russia. Population: The district extends northeast from Kitai-gorod, within the radial boundaries of Vorontsovo Pole Street and Yauza River in the south and Myasnitskaya Street and Novaya Basmannaya Street in the north. It also includes the territory of Lefortovo Hospital on the opposite, southern bank of Yauza (between the river and Gospitalny Val Street). Historical Lefortovskaya Square also lies within Basmanny District, on the ''northern'' side of Yauza. The district contains Kursky Rail Terminal, historical areas of Khitrovka, Clean Ponds, Red Gates (shared with Krasnoselsky District), German Quarter and Basmannaya Sloboda. It retains memorial buildings of Petrine Baroque, Neoclassicism and Art Nouveau periods. Its history is closely associated with Peter I of Russia, Matvey Kazakov and Alexander Pushkin. The district is hom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of New York
The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. It is the world's largest custodian bank and securities services company, with $2.4 trillion in assets under management and $46.7 trillion in assets under custody as of the second quarter of 2021. It is considered a systemically important bank by the Financial Stability Board. BNY Mellon is incorporated in Delaware. Through its Bank of New York predecessor, it is one of the three oldest banking corporations in the United States and among the oldest banks in the world, having been established in June 1784 by a group that included American Founding Fathers Alexander Hamilton and Aaron Burr. T. Mellon and Sons Bank, was founded in Pittsburgh in 1869 by Thomas Mellon and his sons Richard and Andrew, the latter of wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Novaya Gazeta
''Novaya Gazeta'' ( rus, Новая газета, t=New Gazette, p=ˈnovəjə ɡɐˈzʲetə) is an independent Russian newspaper known for its critical and investigative coverage of Russian political and social affairs. It is published in Moscow, in regions within Russia, and in some foreign countries. The print edition is published on Mondays, Wednesdays and Fridays; English-language articles on the website are published on a weekly basis in the form of the ''Russia, Explained'' newsletter. Seven ''Novaya Gazeta'' journalists, including Yuri Shchekochikhin, Anna Politkovskaya and Anastasia Baburova, have been murdered since 2000, in connection with their investigations. In October 2021, ''Novaya Gazeta'' editor-in-chief Dmitry Muratov was awarded the Nobel Peace Prize, alongside Maria Ressa, for their safeguarding of freedom of expression in their homelands. In March 2022, during the 2022 Russian invasion of Ukraine, the newspaper suspended publication due to increased go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insolvency
In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor), at maturity; those in a state of insolvency are said to be ''insolvent''. There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when a person or company has enough assets to pay what is owed, but does not have the appropriate form of payment. For example, a person may own a large house and a valuable car, but not have enough liquid assets to pay a debt when it falls due. Cash-flow insolvency can usually be resolved by negotiation. For example, the bill collector may wait until the car is sold and the debtor agrees to pay a penalty. Balance-sheet insolvency is when a person or company does not have enough assets to pay all of their debts. The person or company might enter bankruptcy, but not necessarily. Once a loss is accepted by all parties, negotiation is often able to resolve the situation without bankruptcy. A company t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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