Financial News, Economic Education, Analysis

U.S. consumer confidence plunged in June after three consecutive months of increases, due to concerns related to the job market, according to the index of employers' organization the Conference Board released Tuesday.
This index thus amounted to 52.9 in June against 62.7 (revised from 63.3) in May
Analysts polled by Reuters expected at [...]

The G20 countries agreed Sunday to implement different solutions to find the path of sustainable growth and regulate their financial systems, and taking note of the uneven and fragile economic recovery in several of them.
Meeting in Toronto, the major industrial nations and big emerging economies have attempted to balance competing priorities with a [...]

Publicis expects organic growth above 3% in 2010, said Friday Chairman of its Executive Maurice Levy in an interview with Reuters on the sidelines of the festival "Cannes Lions".
He reported an acceleration of organic growth of Publicis in the second quarter compared to the first and perspectives become more favorable for the second [...]

Major European stock markets closed in negative territory for the second straight session, driven down by falling record sales recorded by the new homes in the U.S. in May, which has increased investors' fears about a slowdown the world economic recovery.
Do not arriving during the session to surpass 3,700 points, the Paris Stock [...]

The British finance minister George Osborne presented an austere budget, reducing spending and raising taxes, while announcing the establishment of a tax on banks to reduce the deficit.
The Chancellor of the Exchequer said that state spending would be reduced by approximately 25% over the next five years, while the VAT will be raised [...]

Every month or so, President of Bernard Krief Consulting, Louis Petiet, is talked about. Just last week, are the auditors of the company that launched an alert on the accounts of Krief Group. In late 2009, however, some saw in this new defender of French industry, the savior of SMEs difficulties. Multiplying redemptions in [...]

Developing countries and emerging countries should represent nearly 60% of world GDP in 2030, thanks to a tilting movement of wealth that the crisis has accelerated, says the OECD in a report released Wednesday.
The rapid growth of large developing countries has helped reduce poverty but also increased inequality, says the Organisation for [...]

Spain is the subject of any concerns this week. Financial Times highlights the massive refinancing of Iberian banks from the ECB while El Econmista, a Spanish newspaper, described the preparation of a plan with 250 billion euros to avoid a crisis of "liquidity". A rumor that only reinforce the arrival of Dominique Strauss-Kahn in [...]

The objective, "not less deficit, a deficit from zero in 2018," insisted Eric Woerth at the presentation of the proposed government reform, Wednesday, June 16 The key measure for achieving this and the decline of the statutory retirement age to 62 years. And a whole series of other measures, which help the rich, business, [...]

In explanation improbable fake emails Jerome Kerviel told Wednesday, the 7th day of his trial how he had circumvented the controls that, throughout 2007, were astonished abnormalities detected in its operations. "Whether it's stupid, stupid, I grant you that (…) but I was in a spiral … it was a boulevard, has once again [...]