New York headlines

* Arab Spring fund flows to UAE exceed $8bn

* Putin turns black gold to bullion as Russia outbuys world

* Indonesian shares rise as emerging volatility drops

* Back to the future as G20 comes to Russia

* Food group denies tax avoidance in Zambia

* Egypt opposition groups call for new protests on anniversary

* Syria talks offer stands despite Assad silence

* Venezuelan devaluation sparks panic

Markets: mixed

Arab Spring fund flows to UAE exceed $8 bln
About 30 billion dirhams ($8.2 billion) of funds have flowed into the United Arab Emirates over the past two years from countries hit by the Arab Spring uprisings, the UAE’s prime minister said on Monday.
http://reut.rs/YQR3r1

Putin turns black gold to bullion as Russia outbuys world
When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it. Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer.
http://bloom.bg/YPotGw

Indonesian shares rise as emerging volatility drops
Indonesian stocks rose to a record as price swings on the MSCI Emerging Markets Index fell to an all-time low amid Lunar New Year holidays.
http://bloom.bg/UW4Mj1

Back to the future as G20 comes to Russia
Group of 20 policymakers have an ideal chance in Moscow this week to ponder whether monetary policy largesse will blunt their will to carry out the economic reforms needed to put global growth on a sustainable footing.
http://reut.rs/UWUfnF

Food group denies tax avoidance in Zambia
Associated British Foods, the London-listed group, has hit back at allegations that it has been avoiding paying millions of dollars in taxes to Zambian authorities on its sugar operations in the southern Africa country through the exploitation of loopholes in the tax regime.
http://on.ft.com/Y3koeV

Egypt opposition groups call for new protests on anniversary
Egyptian President Mohamed Mursi’s secular opponents geared up for marches today against the Islamist leader on the second anniversary of his predecessor’s ouster, in a show of force that could precipitate more violence.
http://bloom.bg/Z32zU4

Syria talks offer stands despite Assad silence
Syria’s main opposition leader signaled on Monday that his offer of talks with the government to end the country’s 22-month-old civil war was still open, a day after a deadline he had set passed without a response.
http://reut.rs/VP5UoG

Venezuelan devaluation sparks panic
Panic buyers thronged Venezuelan shops over the carnival weekend after the government of Hugo Chávez announced asurprise devaluation that analysts said was overdue but would only partly right the listing economy.
http://on.ft.com/VOhX5G

Emerging Markets
MSCI Emerging Market Index down -0.11% at 1,060

Europe
FTSE up +0.19% at 6,276
RTS up +0.08% at 1,591
Warsaw Wig up +0.36% at 46,908
FTSE 300 Eurotop down -0.31% at 1,159

Americas
DJIA up +0.35% at 13,993
S&P 500 up +0.57% at 1,518
Bovespa up +0.21% at 58,498

Asia
Nikkei 225 down -1.80% at 11,153
Topix down -1.22% at 957.35
Hang Seng up +0.16% at 23,215
Shanghai Composite up +0.57% at 2,432
MSCI Asia ex-Japan down -0.14% at 476.25
S&P CNX Nifty Index down -0.10% at 5,898

Currencies
€/$ 1.34 (1.34)
$/¥ 93.36 (92.70)

Commodities
Brent Crude (ICE) down -0.69 at 118.21
Light Crude (Nymex) down -0.25 at 95.47
100 Oz Gold (Comex) down -6.30 at 1,660