Desperation and hope in a Russian village
The Moscow-based project management company Roel chose to invest in the construction of a diatomite silica processing plant, which will produce heat-insulating materials for use in construction. According to Melnichenko, no one produces them in …
Read more on Tne Moscow News

Issuer Spotlight: Invesco PowerShares
The PowerShares Senior Loan Portfolio (BKLN, A-) tracks the S&P/LSTA U.S. Leveraged Loan 100 Index, which is meant to track the largest institutional leveraged loans based on interest payments, spreads and market weighting [also see 13 Rapid Fire ETF …
Read more on ETF Database

Starwood Property Trust, Inc. Reports Results for the Quarter Finished March 31 …
For any loans collateralized by ground-up construction projects, we include the fully-funded loan balance in the numerator and an estimate of the stabilized value upon completion of construction in the denominator. Excludes Loans transferred as secured …
Read more on Wall Street Journal (press release)

AIB to lose its second group treasurer in a year
Yesterday AIB said that it is on track to deliver an operating profit this year – once the cost of terrible loans is excluded. The bank said that 95pc of the sale of €20bn of so-called non-core assets ordered by the Central Bank last year will have been …
Read more on Irish Independent