Financial News, Economic Education, Analysis

The Federal Reserve Chairman United States, Ben Bernanke said Friday that the economic recovery had slowed more than expected and the Fed was prepared, if necessary, to adopt additional measures to support the activity.
"The committee (monetary policy) is ready to implement further monetary easing through unconventional measures, if necessary, especially if the outlook [...]

British Airways saw its loss widen in the first quarter of 2010-2011, under the combined effects of volcanic ash cloud and a strike, which did not deter the British airline reaffirmed its forecast of a pretax profit in equilibrium.
At about 8:00 GMT, the group, which saw its value melt a billion pounds over [...]

European values rose again Tuesday, ending a five-week high, despite the announcement of a sluggish U.S. consumer morale, but below their highest of the day, as investors continued to anticipate an improvement conditions with some macroeconomic indicators and results of large groups considered encouraging.
In Paris the CAC 40 gained 0.83% to 3666.40 points, [...]

The results of resistance tests passed by 91 European banks confirm the overall resilience of the banking system of the European Union, said on Friday in a joint statement the European Commission, the European Central Bank and European bank regulators.
The results announced Friday by the Committee of European Banking Supervisors (CEBS) show that [...]

U.S. stocks open down sharply on Tuesday after disappointing quarterly results published judged by a number of big names from the coast.
In the first exchanges, the Dow Jones fell by 1.4% to 10,012.90 points while the Standard & Poor's 500 broad leaves 1.3% to 1057 points and the Nasdaq composite lost 1 7% [...]

Global growth will slow in the coming months, in the wake of China and the United States, because of austerity plans implemented in various countries, according to a Reuters poll.
However, several Asian countries, like India and South Korea, should yield better performance this year that envisioned a few months ago.
Ultimately, the [...]

The manufacturing sector in the euro area in June recorded its slowest growth in four months, show the final results of the investigation Markit.
PMI final Markit purchasing managers stood at 55.6 in June, a level consistent with the flash estimate and slightly lower than the 55.8 for the month of May
It [...]

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 [...]

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, [...]