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  • Parliament cancels energy sector debts of over 1.6bn lei (Moldova.org)
    The Parliament Thursday adopted the Government’s initiative to cancel over 1.6 billion lei (US$150 million) of the debts of Moldova's energy sector in final reading. Under the law, Moldova-Gaz’s debt of 786.9 million lei to the Ministry of Finance, dating from the 90s, will be cancelled. For its part, Moldova-Gaz will transfer the equivalent of 786.9 million lei to Gazprom. This is a part of the ...
    economie.moldova.org
  • Treasurys higher as credit worries persist (San Francisco Chronicle)
    The beleaguered credit markets showed fresh strain Friday after Federal Reserve Chairman Ben Bernanke left open the possibility of another interest rate cut to steady volatile financial markets. The Fed chief said in remarks before a central banking...
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