The European Commission gives a serious consideration to the appearance of an alternative to International Monetary Fund in the Old World. The talks about the establishment of the European IMF are to be finished by July 1 of the current year. The haste most likely arose against the background of the crisis in Greece, which unveiled the vulnerability of the financial system in the European Union

05.03.2010
During the season of 2008-2009, the total revenue of twenty most profitable soccer clubs  increased significantly and now amounts to nearly €4 billion. Real Madrid with €401.4 million in profit once again retained its place at the top. The club has been the top earning team of the Football Money League for the last five seasons

04.03.2010
George Soros, a billionaire and philanthropist, was accused of masterminding the financial plot, the goal of which is to send the European currency, the euro, down. In 1992, Soros succeeded in organizing a major currency speculation which triggered the collapse of the British pound sterling. The reduction of the cost of the euro to the cost level of the US dollar was like the deal of life for stock exchange operators. Such affairs make billionaires

03.03.2010
Jean-Yves Le Gall of France’s Arianespace confirmed rumors about the intention to purchase 14 Soyuz booster rockets from Russia. Unlike the USA, France continues to fund its space program fully. Russia still remains the leading space power in the world. In 2009, Russia performed 32 launches of booster rockets and delivered 29 domestic satellites and 20 foreign spacecraft in orbit. It makes 40 percent of all booster rocket launches in the whole world in 2009