Nov 21. In global petroleum market headlines, oil prices dipped to a 3-year low below USD 49 a barrel Friday in Asia as plunging stock markets, driven down by more bad US economic news, battered in>>>

 Nov 21. Russia’s Finance Ministry deems it feasible to refund VAT as part of the accelerated procedure not only to large, but also to all reliable taxpayers. >>>

 Nov 21. The RF government will reconsider possible changes in a number of key taxes in April 2009, >>>

 Nov 21. The Bank of Japan decided at its meeting Friday to leave the uncollateralized overnight call rate at 0.3%,>>>

 Nov 21. The Cabinet does not intend to revise its decision to hike 2009 natural monopoly tariffs, >>>

 Nov 21. The government does not rule out offering special-purpose subsidies under natural monopoly tariffs to a number of industries, >>>

 Nov 21. The deadline for gathering documents that confirm exporters’ right to zero-rate VAT could be temporarily extended from 180 days to 270 days. >>>

 Nov 21. Taxpayers that are to pay the corporate profit tax in 2008 for the previous quarter will be allowed only once to change the tax payment procedure as a result of the financial crisis, >>>

 Nov 21. Lukoil is to take out a USD 540 mn loan to finance the acquisition of Turkish sales company Akpet, >>>

 Nov 20. Instability in the economy and financial markets will most likely continue, >>>

 Nov 20. Japan reported a 7.7% contraction in October exports against the year-earlier period, >>>

 Nov 20. CBR’s Wednesday collateral-free auctions held provided the market with long-awaited liquidity, >>>

 Nov 20. VimpelCom and Tsifrovoye Radioveshchaniye (Digital Broadcasting), part of AFK Sistema, have rolled out networks in Moscow to provide mobile television services. >>>

 Nov 20. A cut in oil export duty effective December 1, 2008 to USD 192.10 per ton has made oil exports profitable, >>>

 Nov 20. Minority shareholders of MGTS are concerned that financing of share buyout of parent company Comstar-OTC could take a toll on MGTS’ FY 2008 dividends. >>>

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