Financial News, Economic Education, Analysis

In protest against the austerity plan of Prime Minister David Cameron, the public sector employees are mobilized en masse on Wednesday. A strike could be the "most important in a generation." Public transport could be very disturbed by work stoppages on Wednesday.
The British public sector employees are on strike on Wednesday against pension reforms, [...]

Commerzbank may need assistance from the German government to comply with new European requirements for capital if the economy continues to slow, given the poor results recorded recently by the group, said Monday the agency Fitch Ratings.
Last week, Germany's second largest bank, owned 25% by the German federal state, however, had said she [...]

The President of the European Central Bank (ECB), Jean-Claude Trichet, said that the crisis of sovereign debt in Europe is not over and it is too early to estimate the lights returned to green.
In interviews granted to the German newspaper Bild am Sonntag, and French Le Monde, one that will yield the first [...]

The decisions of the top leaders of the euro area in particular provide a 50% discount on Greek debt held by private creditors and a strengthening of the EFSF to 1.000 billion euros. The details. The European Council President Herman Van Rompuy, Nicolas Sarkozy and Angela Merkel in Brussels.
The top of the eurozone, which [...]

The Rugby World Cup ends after six weeks of competition, during which 20 nations competed in 13 stages. Key figures in images, the economic record of the competition.
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Previous Previous PauseSuivant 155 million euros in ticket sales Next
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Previous Previous PauseSuivant An organization deficit of 25 million [...]

Rio Tinto launched a friendly offer of 578 million Canadian dollars (414 million) on the Hathor Exploration mining group, specializing in uranium exploration.
This could derail the hostile bid launched by Cameco Corp. of Hathor.
The Board of Hathor has recommended that shareholders accept the offer of Rio Tinto, which amounts to 4.15 [...]

Friday Fitch downgraded the rating of Italy a notch and that of Spain in two, citing a worsening debt crisis in the euro area and the risk of fiscal slippage in both countries.
Note of Italy fell from AA-to A + and that of Spain AA + to AA-.The prospect of the two countries [...]

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 [...]

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 [...]

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 [...]