Financial News, Economic Education, Analysis

The improvement in the U.S. employment continued in January, with the highest rate of job creation observed in nine months and the unemployment rate fell to , its lowest level in nearly three years, reflecting the impact of growth in the fourth quarter of 2011 at the beginning of new year.
The Labor Department [...]

The Abbé Pierre Foundation evaluates its 17th annual report to more than 3.6 million the number of inadequately housed or homeless, and more broadly to those 8 million affected by the housing crisis. The Abbé Pierre Foundation evaluates its 17th annual report to more than 3.6 million the number of inadequately housed or homeless, and [...]

The gamble of George Papandreou destabilizes markets. A "no" to the Greeks in the referendum, which will probably take place in January, could force the country to default. And, ultimately, out of the euro area. The Greek Prime Minister George Papandreou.
The euro area has suddenly plunged into turmoil Tuesday after the surprise announcement of [...]

Progress has been made in the ongoing discussions on the sovereign debt crisis in the euro area even though the solutions remain to be found by next Wednesday, said Saturday night French President Nicolas Sarkozy.
"There is progress," he said on his arrival in Brussels where he will hold talks with German Chancellor Angela [...]

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 [...]

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 [...]

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 [...]

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 [...]

The budget deficit in Ireland reached 20.4 billion euros in late August against 12.1 billion euros in August 2010, announced Friday the Irish Department of Finance.
Excluding a $ 10.6 billion paid for the Irish banks, the deficit was reduced by about two billion euros a year, the ministry said.
Tax revenues reached [...]

Hurricane Irene caused between 200 million and 400 million dollars (138 and 276 million euros) in damages covered by insurance in the states of North Carolina and South, said Sunday's catastrophe modeling firm EQECAT .
This evaluation suggests that the hurricane was downgraded to a tropical storm may have caused less damage than feared [...]