The signing of the contract will look Vladimir Putin

Today in Zhukovsky in the second day of the MAKS-2011 experts expect the conclusion of major transactions in aeronautical engineering. The second day of MAKS is more intense than the first, as most market participants and state agencies intended to coincide with the conclusion of contracts to attend the air show Prime Minister Vladimir Putin.

Today, as part of the second day of MAKS is expected to sign a number of strategic contracts. In particular, according to the "Russian Technologies", will be awarded a contract for 50 aircraft MS-21 with "Aeroflot". The signing will take place in the presence of Prime Minister Vladimir Putin.

Also today, as expected, "Aeroflot" officially unveil the information that a working group that will study the possibility of buying aircraft A380. Also today, according to "Kommersant", the airline "UTair" sign an agreement to supply 24 aircraft SSJ. General Director Andrey Martirosov airline did not deny this information, but details are not told, saying that he wanted to keep the intrigue.
"MAX is interesting, first of all, foreign sellers"
At the air show in Zhukovsky, Russian side plans to conclude all three contracts to supply military aircraft MiG and Yak ...

Some participants also MAKS prefer not to announce future contracts even in the common parts. For example, a major contract to sign today the lessor "Ilyushin Finance.", But which one, the company declined to specify. In addition, under the Paris Air Show to be held a roundtable on the problems of the domestic airline industry, organized by the Ministry of Transport.

Head of research at "the airport" Oleg Panteleyev also expects announcements of large government orders for military equipment. He expects to be concluded more and larger contracts for delivery of 40 Mi-171 helicopters airline "UTair" and "Gazpromavia".

Russian microfinance market, whose volume is estimated at 30 billion rubles

Russian microfinance market, whose volume is estimated at 30 billion rubles. Is becoming more organized. For extensive work with arrears of microfinance institutions (MFIs) have started a collection agency.

The fact that microfinance institutions increase the amount of debt transferred to the work of collectors, "Kommersant" said the head of the collection agency FASP Alexander Morozov. According to him, the company now employs about a dozen organizations to outsource several hundred debts.

Previously, micro-finance institutions to cooperate with collectors in pilot projects. In addition, collectors are actively working to take bad debts affiliated with MFI. For example, the FASP and debt platform "Vdolg.ru" which, in essence, a microfinance institution, the general shareholders. The agency "Sequoia Credit Consolidation" is Adela Holdings with MFI "Household Money" and the company on financing small and micro business "Finotdel." However, after the entry into force of the law "On Microfinance and Microcredit Organizations" and the emergence of the registry of such organizations, collectors have shown interest to delay the MFI, "the market". "MFIs have become tougher approach to the reservation, which, in turn, affect the allowable level of arrears" - indicates general director of "Sequoia Credit Consolidation" Elena Dokuchaev.

The greatest experience with debt collectors in the platform "Vdolg.ru" which actually is not microfinance, but the specifics of the subject of foreclosure there are similar - are loans issued to individuals for emergency needs under high percentage (up to 200% per annum). Unlike conventional MFI only that the lender is a natural person, and the platform is a "meeting place" of lenders and borrowers. According to the director "Vdolg.ru" Anton Tarasov, the work of collectors of debts transferred after the first day of delay. "In an earlier delay can recover about 70% of the debt, but debt whose age exceeds five or six months, are virtually unrecoverable, can return lish1 2%," - he points out. According to him, work in high-risk segment of the credit makes it necessary to cooperate with collectors.
Need to work with collectors to MFI confirms CEO "Financial Technologies" Andrei panel. "About a month ago we passed on the outsourcing agency" bailiff "portfolio of bad debts worth about 11 million rubles., About 20% of them have already returned - he says .- Given that the outstanding debt is about 40% of our portfolio, the transfer of bad debts collectors is more expedient than trying to self-punishment. "

However, not all market participants believe microfinance cooperation with collectors profitable. "Our experience working with collectors showed that the cost of their services and the effectiveness of sanctions can not be compared - says the president of the Criminal Code" Center microfinance "Paul Segal .- In our service recovery 30 people, and even considering the costs of organizing its work, work independently with poor debt is cheaper. " Agrees with him CEO of the agency "Microfinance" Andrew Marula, noting that security staff have worked in the company's collection agency, which allows them to use the experience and methods of the collectors.

Yet with the development of the MFI market transfer of their bad debts on outsourcing will become widespread, experts said. "Given the high rate of market development of MFIs in the future it will be a tangible source of income for collectors," - indicates Mr. Morozov. "Clearly, the prospect of collectors in the segment of micro-credit will rise, but their success will depend on whether they can develop special techniques for dealing with such debts" - believes the president of the National Partnership of Microfinance Market Michael Mamut.

The gold price on world markets has updated the historical maximum

The gold price on world markets has updated the historical maximum, set last week, rising to $ 1816.4 per ounce. Investors are buying the most secure assets, because they do not believe in global economic recovery. Against this backdrop, experts expect growth of quotations of up to $ 2,000 per ounce.

After a week's downturn in the market of precious metals at today's auction, the price of gold has exceeded the $ 1,800 per troy ounce. According to Reuters, by 16:00 Moscow time in the spot market quotations of precious metal reached a level of $ 1816.41 per ounce - a new historical record. This is 1.6% above the close environment, and more than 28% higher than the beginning of the year. Only in the last month and a half after the agency Moody `s has translated into Portuguese government bonds category of" garbage ", the price of gold rose more than 20%.

Investors buy gold again, as the low evaluated the prospects for recovery in global growth. Such fears intensified after the two representatives on the eve of the U.S. Federal Reserve (Fed) questioned the applicability of the quantitative easing policy for the world's largest economy (USA) (see today's b-Online). "The market is hoping that, as before, the Fed will solve economic problems by printing money opportunities. Hence the words of its representatives have provoked reduction in risk appetite and increased demand for protective assets such as gold, "- noted the director Dmitry Simargl Capital Garden.

The experts also one of the largest U.S. commercial banks - Morgan Stanley - have lowered forecasts for world GDP growth in 2011-2012 due to "inadequate" response to the European authorities debt crisis of the euro area, reducing investor confidence in the economy of the region, as well as a serious effort to consolidate the budget in some states. The forecast for the current year revised from 4.2% to 3.9% in 2012 - from 4.5% to 3.8%. According to experts of the bank, financial difficulties of the largest economies in the world, as well as increased volatility of markets led to losses in the trillions of dollars. At the same time slowing economic growth in Germany and the U.S. have a negative impact on investor confidence. "There is a belief that all these problems indirectly play into the hands of gold. The point is the effects that these factors have to exchange. Market participants have come from them and buy gold, - told Reuters the head of metals sales ANZ Peter Hilyard .- I am one of those who believe that gold is moving to around $ 2,000 per ounce. The fundamental causes are not changed, everything else trust few. "