of plans about the future privatization process the state is ready to sell up to ten percent of d.t.b. bank by the end of this year or at the beginning of the next year also he specified that as burbank is also going to be a privatized step and that the state is ready to review some of its stake and even to reduce its below the controlling stake in the future like we've draft of the plan for selling d.t.p. shares in two thousand and ten and submitted it to the prime minister who has agreed that the sale could go through by the end of the year if the stew ation is good the sale could fetch at least three billion dollars will approve in the next few weeks a list of ten to fifteen companies in which states will be privatized the volume of privatization will be so high that we. to be able to compete for international capital. meanwhile a lot was said about transforming moscow into a global financial center but as mentioned the global financial market is quite competitive at the moment so everything should be done very acrid and cautious. and let's have a quick look at how the equity markets are

lower oil and metals prices most energy majors were in the red as the price of crude fell banks also sell for its d.t.b. was down one point eight percent it's a bad bank finish point eight percent lower. are all snafus posted a one hundred twenty percent increase in net profit for the third quarter compared to the same period last year which is the largest oil producer earn just over two point five billion dollars from july to september meeting and those forecasts growth of crude oil production as well as high crude oil and petroleum products prices were the main factor as well improved results well snap also revealed its plans to participate in oil gas and refining projects in ecuador. and edgy efficiency was the top issue of the presidential commission on modernisation and the treatment of aid of told the meeting in the russian republic of tatarstan where he believed it was essential for the for the for reforming the country's economy. the problem. energy efficiency is paramount to the modernization of our economy and social sphere by achieving these goals we create the shape of a new economy and inc

in russia markets fell following declines in asia and down this our banking stocks are weighing on the this is both burbank and d.t.b. are selling point seven percent energy majors a bucking the trend on the r.t.s. gas from newport. over half a percent. russian central bank has left its financing rate unchanged at seven point seven five percent for the third straight month following the meeting on friday bank but i see said that weakening consumer demand and uncertain prospects in the global economy posed added risk for economic growth. and holly metal is floating around fifty percent of its shares on the london stock exchange russia's top precious metal producer could raise up to one billion dollars from the company plans to undertake the listing through a new parent company wholly metal international registered in london in july. the world's top software producer microsoft increased net income by more than a half in the first three months of its trading year growth was driven by strong corporate demand for the new windows seven operating system figures but it beat expectations on wall street. now the european comm