Financial News, Economic Education, Analysis

The government should announce on Tuesday a record deficit of foreign trade of France close to 70 billion euros in 2011.
70 billion euros, the amount of foreign trade deficit for the French government plans to announce Tuesday. An absolute record much higher than the previous record set in 2008.
Secretary of State for [...]

U.S. stocks ended sharply lower Thursday as investors showed particularly nervous after the downward crossing of an important threshold for the S & P.
The Dow Jones lost 1.13% or 134.86 points at 11,770.73 points, while the Standard & Poor's 500, the reference fund managers, gave up 1.68% or 20.78 points to 1,216 , [...]

The Japanese bank Mizuho will remove 3,000 jobs in response to the deteriorating economic climate marked by weak demand for credit and a difficult economic environment at the international level.
Mizuho Financial Group announced the elimination of these positions, which represent about 5% of its workforce, by March 2016 in connection with the merger [...]

The German government's economic advisers believe that the European Central Bank (ECB) is likely to lose credibility by buying government bonds heavily indebted.
"The bond purchase program dismantles market discipline without establishing a discipline policy in place," write the "Wise Men" German in a report released Wednesday.
Blurring the fiscal and monetary policies, [...]

A cabinet meeting will be held tonight to accept the austerity measures agreed at the Summit of the rescue of the euro on October 28 in Brussels. The Italian prime minister Silvio Berlusconi at the European Summit of October 23, 2011
The Italian government said Wednesday in a statement the convening of an extraordinary cabinet [...]

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 [...]

The European Commission intends to condition aid to some of the environmental and cap subsidies to make the CAP more just. A production of cabbage in Lithuania.
Brussels wants farmers to "go green". The European Commission proposed on Wednesday to condition part of the aid to respect for the environment, and to the Common Agricultural [...]

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 [...]

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 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 [...]