Financial News, Economic Education, Analysis

The CAC 40 index should increase by the end of the year, investors hoping to buy with it as long as the situation becomes clearer on the front of the debt crisis in the eurozone.
According to the median forecast of 27 analysts and fund managers polled by Reuters in a week, the Cac [...]

The Portuguese prime minister said Wednesday that his country would be vulnerable if a member country of the euro area was defaulting on its debt.
"I do not want a country will default but if it happens, obviously (…), we would be vulnerable to an event of this nature," said Pedro Passos Coelho to [...]

Employees of Boeing delivered Monday by hand – in the literal sense – in the pouring rain and their first 787 Dreamliner to Japanese carrier All Nippon Airways, ending the long chapter of a development that has accumulated delays.
The 500 staff of Seattle, with the help of a trailer mechanics, have conveyed the [...]

There is currently no plan to recapitalize French banks and they do not need it, said the governor of the Banque de France, Christian Noyer, in an interview with Journal du Dimanche.
In case of extraordinary event, the public support mechanism used in France in 2008 is in place, says Christian Noyer, a member [...]

Populist and protectionist measures in the developing world are likely to increase as nations will suffer the fallout from the crisis of sovereign debt in Europe and the economic slowdown in the U.S., said Thursday the president of the World Bank, Robert Zoellick.
Zoellick warned in an interview with Reuters that a new crisis [...]

After a rally the day before the European stock markets closed lower Wednesday in anticipation of what the Monetary Policy Committee of the Federal Reserve (FOMC) will decide to support the U.S. economy.
The crisis of sovereign debt continues to weigh on European shares and heckle banking stocks, particularly the French – the most [...]

Wall Street opened on an uncertain note Tuesday in the wake of profit taking and as investors questioned whether the Fed will back a move to boost growth.
In early trade, the Dow was stable (0.04%) to 11,406 points.The Standard & Poor's also (-0.01%) to 1204 points while the Nasdaq composite fell by 0.1% [...]

Greek Prime Minister George Papandreou on Sunday chaired a cabinet meeting to decide which new austerity measures to ensure continued funding of a plan of international aid.
Inspectors from the International Monetary Fund and the European Union will hold a conference call Monday with Finance Minister Evangelos Venizelos to learn what steps will be [...]

French banks have agreed to exchange more than 90% of Greek bonds they currently hold in the second aid package to Greece decided in late July, said Friday the Minister of Economy, Baroin.
"We can say that we are, with respect to the positions of French banks that have positions in Greece, that one [...]

French banks are solid and have a problem or solvency or liquidity, reiterated Thursday the French Minister of Finance, Baroin, and the government spokesman, Valérie Pécresse.
The major French banks have seen their market value melted in recent weeks, partly because of the fear of the effects of the continuing crisis of debt in [...]