Ministry Of Economic Development

Ministry Of Economic Development News

• Mongolia’s Parliament Approves Changes to Foreign Investment Law

  Mongolia’s parliament approved an amendment to its foreign investment law, easing some restrictions on overseas private companies while maintaining controls on state-owned groups, after a slump in investments.

• Italy’s Diesel, Gasoline Consumption Declines, Ministry Says

  Italy’s diesel consumption fell in March, according to data from the Ministry of Economic Development, as the country’s economy probably contracted in the first quarter.

• Italy’s Diesel Use Drops to Lowest in Nine Years, Ministry Says

  Italy’s diesel consumption fell in February to the lowest level since August 2003, according to data from the Ministry of Economic Development, as the country’s fourth recession since 2001 cut fuel demand.

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  Rio’s Mongolia Copper Dream Awakens 20-Year-Old Nightmare

  Rio Tinto Group’s Mongolia copper and gold mine looks a dream location sitting next to China, the biggest market. Yet, Mongolia’s bid for more control of the project draws comparison with a Rio mine that went badly wrong.

• Russian Ministry Proposes Export Tax Cut for Light Oil Products

  Russia’s Ministry of Economic Development has sent a proposal to the government to lower export duties on light oil products from 2012 in order to encourage companies to produce higher-value fuels.

• Senate Finance Debate, Singapore Rules, Deutsche Bank Searched: Compliance

  Senate Republicans abandoned their efforts to block debate over legislation overhauling U.S. financial rules, vowing instead to fight for changes to the bill on issues ranging from consumer protection to derivatives, according to reporting by Bloomberg’s Alison Vekshin and James Rowley.

• Gasoline Barges Gain; Italian Gasoil Demand Drops: Oil Products

  European gasoline rose as Gunvor Group Ltd. bought on the barge market. The fuel’s crack, or premium to Brent crude, fell for the fourth time in five days.

• Italy Gasoline, Diesel Demand Dropped in December, Ministry Says

  Italy’s gasoline and diesel consumption fell in December by the most since September from a year earlier, according to data from the Ministry of Economic Development.

• Egypt First Quarter Gross Domestic Product: Summary

  Following is a summary of the first quarter Egypt GDP report from the Ministry of Economic Development in Cairo:

• Italy Gasoline, Diesel Demand Slumped Last Month, Ministry Says

  Italy’s gasoline and diesel consumption dropped in November from a year earlier, according to data from the Ministry of Economic Development.

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