IKS-RUSSIA

The shock came on Wednesday, from the Federal Reserve. The response from almost all markets was immediate. The after-shocks on Thursday were much harder to predict.
Stocks and bonds appear to have had a one-off adjustment to the news that the Fed would try to push down long-term rates by buying Treasury bonds. Once these markets had had the chance to react to the news, they quietened down swiftly.
In currencies, however, the shocks continued on Thursday and developed their own momentum. Wednesday’s fall of 3.01 per cent for the dollar was the greatest, on a trade-weighted basis, since the signing of the Plaza accord in September 1985.
Thursday’s fall, by the end of the trading day in London, was also very severe: about 1.9 per cent, according to Bloomberg.
The dollar had rallied since last summer largely on the perverse effects of “de ... Read more »

ACTED is an apolitical, and non-confessional international relief agency. The first projects were initiated in Kabul in 1993 to bring relief to populations affected by more than 15 years of conflict. As well, ACTED maintains a representative office in Uzbekistan.
Mr. Bernard Pascal, Assistant Country Director of ACTED Uzbekistan, began the meeting with explanation of the ACTED activity in Uzbekistan. He said that the activity is divided into three components. Health promotion component is very active in Fergana valley. Other components include support to micro-finance and agriculture development in Surkhnadarya and Kashkadarya. Favorable conditions after the introduction of the microfinance law now give the opportunity for ACTED to support the creation of a local micro finance company.

Main partners of the ACTED currently are the EU and NOVIB.

ACTED wishes to expend its activities in Uzbekistan. Participants of the IKS Group supported this idea ... Read more »

IKS Group of Companies meets with Japan International Cooperation Agency in Uzbekistan

(17 December 2008) - IKS Group of Companies meets with Japan International Cooperation Agency (JICA) in Uzbekistan

IKS Group of Companies met with the Japan International Cooperation Agency (JICA) in Uzbekistan. Development Cooperation issues were discussed during the meeting. Representatives of JICA in Uzbekistan noted that Human Resource and Institutional Development for Economic Development, Agricultural Reform and Rural Development, Improvement of Public Service, Improvement of Infrastructure are the main areas for JICA’s cooperation in Uzbekistan.