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	<title>Financial News, Economic Education, Analysis &#187; currency</title>
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		<title>World of rugby: the economic record</title>
		<link>http://patbkk.com/world-of-rugby-the-economic-record/</link>
		<comments>http://patbkk.com/world-of-rugby-the-economic-record/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 02:25:11 +0000</pubDate>
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		<description><![CDATA[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.
 1 / 10 
 Previous Previous PauseSuivant 155 million euros in ticket sales Next
 2 / 10 
 Previous Previous PauseSuivant An organization deficit of 25 million [...]]]></description>
			<content:encoded><![CDATA[<p>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.
<p class="paginate"> 1 / 10 </p>
<p> Previous Previous PauseSuivant 155 million euros in ticket sales Next
<p class="paginate"> 2 / 10 </p>
<p> Previous Previous PauseSuivant An organization deficit of 25 million Next
<p class="paginate"> 3 / 10 </p>
<p> Previous Previous PauseSuivant 80.Next stages</p>
]]></content:encoded>
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		<title>Rio Tinto launches bid for Hathor Exploration</title>
		<link>http://patbkk.com/rio-tinto-launches-bid-for-hathor-exploration/</link>
		<comments>http://patbkk.com/rio-tinto-launches-bid-for-hathor-exploration/#comments</comments>
		<pubDate>Thu, 20 Oct 2011 00:35:32 +0000</pubDate>
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		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<p>Rio Tinto launched a friendly offer of 578 million Canadian dollars (414 million) on the Hathor Exploration mining group, specializing in uranium exploration. </p>
<p> This could derail the hostile bid launched by Cameco Corp. of Hathor. </p>
<p> The Board of Hathor has recommended that shareholders accept the offer of Rio Tinto, which amounts to 4.15 Canadian dollars per share. Cameco is only that of 3.75 Canadian dollars per share. </p>
<p> The aim of the maneuver is the exploration project &quot;Roughrider&quot;, located in the Athabasca region of the Canadian province of Saskatchewan. </p>
<p> The listing title Hathor was suspended Wednesday morning at the Toronto Stock Exchange.The title Cameco, the first Canadian producer of uranium, was down 3.21% to 20.80 Canadian dollars to 3:20 p.m. GMT, while the action listed Rio Tinto in London declined by 1.09% within minutes of the fence. </p>
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		<title>Boeing delivered by hand the first Dreamliner</title>
		<link>http://patbkk.com/boeing-delivered-by-hand-the-first-dreamliner/</link>
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		<pubDate>Tue, 27 Sep 2011 06:25:08 +0000</pubDate>
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		<description><![CDATA[Employees of Boeing delivered Monday by hand &#8211; in the literal sense &#8211; 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 [...]]]></description>
			<content:encoded><![CDATA[<p>Employees of Boeing delivered Monday by hand &#8211; in the literal sense &#8211; 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. </p>
<p> The 500 staff of Seattle, with the help of a trailer mechanics, have conveyed the unit to a hundred meters to a podium outside the giant factory Everett (Washington) the aircraft manufacturer. </p>
<p> This symbolic delivery in person shows how the structure of the aircraft is light &#8211; it promises fuel savings of 20% &#8211; but it also testifies to the difficulties that have slowed the program.</p>
<p> &quot;I long to see the day when 787 populate the skies around the world,&quot; said Shinichiro Ito, CEO of ANA.The Japanese airline had originally received its first 787 in May 2008. </p>
<p> Hundreds of Boeing employees had learned on the eve of the ceremony to salute respectfully and choir director general of Japan, the company officially took delivery of its first Dreamliner Sunday 55. </p>
<p> The Everett factory is full of aircraft not yet delivered, representing a stock valued at more than $ 16 billion. </p>
<p> Investors are now wondering whether Boeing can meet its production goals after seven reports in addition to more than three years late.</p>
<p> Boeing intends to increase its production to 10 787 per month by the end of 2013, while increasing the production of the new version of 737 and preparing to produce a 767 version in-flight refueling for the Air Force. </p>
<p> &quot;We will be in two (787) a month and a half by the end of the year,&quot; said Pat Shanhan, program manager of Boeing aircraft, after the ceremony. </p>
<p> These aircraft will come from Everett, a new site in North Charleston (South Carolina) being added later. </p>
<p> Boeing is 3.5 aircraft per month in the first half of 2012, then said to the press Jim Albaugh, head of Boeing&#39;s civil aviation. </p>
<p> The main assembly line in Everett is designed to increase production to seven aircraft per month. A second line, provisional, is ready to take three more units if necessary.The site of South Carolina assemble three aircraft per month. </p>
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		<title>Arnaud Lagardère admits that his video was &quot;ridiculous&quot;</title>
		<link>http://patbkk.com/arnaud-lagardere-admits-that-his-video-was-ridiculous/</link>
		<comments>http://patbkk.com/arnaud-lagardere-admits-that-his-video-was-ridiculous/#comments</comments>
		<pubDate>Wed, 07 Sep 2011 06:55:13 +0000</pubDate>
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		<description><![CDATA[In an interview with Les Echos, the head of Lagardère responds to criticism of its sense of priorities, and reveals his strategy to ten years. Arnaud Lagardère and his girlfriend, Jade Forest, were filmed last July during a photo shoot languorous. Since then, the video is a huge buzz on the internet.
 &#34;We do not [...]]]></description>
			<content:encoded><![CDATA[<p>In an interview with Les Echos, the head of Lagardère responds to criticism of its sense of priorities, and reveals his strategy to ten years. Arnaud Lagardère and his girlfriend, Jade Forest, were filmed last July during a photo shoot languorous. Since then, the video is a huge buzz on the internet.
<p> &quot;We do not take over me again!&quot; Arnaud Lagardère has responded to the video on Monday where he and his new bride, model Jade Foret, indulge in a languid photo shoot, which is the buzz on the Internet since July. &quot;I can summarize it in one word: ridiculous! Had I imagined it was made for broadcast as well, I never would have accepted,&quot; says the head of the Lagardère Group. In a long interview with Les Echos, he answers those who accuse him of not very involved in his business. </p>
<p> &quot;A boss atypical, so what?&quot;
<p> &quot;I live with my band and since my childhood.It&#39;s always been my passion. I have personally invested in this company everything I have. Me to be the trial of a person who is too invested in his company who do not spend enough time, which ultimately consider it an asset like any other, this is like the video: ridiculous! &quot;And he to go to affirm the importance of a private life successful.&quot; Maybe I&#39;m an atypical pattern, so what? Being happy in his private life is certainly a source of balance for an entrepreneur. &quot; </p>
<p> And as to support his statements and prove his good faith, Arnaud Lagardere and hold back the strategy of his group. In spite of disappointing interim results, he emphatically denied the rumor that the group would sell one of its four branches.He also says do not intend to separate from other assets, after selling its international Hearst magazines. </p>
<p> &quot;Time of markets is not that of the company&quot;
<p> The cash from the sale should be reinvested in the four branches. And it could be used to &quot;reward loyal shareholders,&quot; a share buyback or dividend exceptional. Knowing that the action of the group posted a loss of nearly 38% since the beginning of the year. &quot;Our results were disappointing, I can understand that. But the time for financial markets is not the time of the company. To reconcile them, I know of only one strategy: long-term take its course.&quot; </p>
<p> Arnaud Lagardère is also planning to acquire &quot;magazines in France.&quot; And an update on the group&#39;s strategy on the Internet.&quot;In our group there was a historical culture of the paper so ingrained that it was difficult to immediately turn the digital. This is clearly a disappointment. Nevertheless, we have a major advantage that our brands are positioned on high the most buoyant segments. This has enabled us to become the third largest Internet group in France. &quot; </p>
<p> To a withdrawal of EADS
<p> It evokes, finally, the future of its partnership with EADS. Lagardère should withdraw from the defense contractor and aerospace program as soon as the Airbus A350 to its subsidiary will be operational. Meanwhile, it reaffirms its commitment to take, as expected, the Chairman of the Board of Directors of EADS in 2012, which should be attributed to a French.&quot;When I say I am a candidate is of course because I want to, but because it has been decided and written in 2007 that I will be the nominee,&quot; says he. </p>
<p> And he concluded: &quot;In ten years we will own 100% of our assets and will not be clear neither in aeronautics or in the press distribution abroad.&quot; </p>
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		<title>The budget deficit in Ireland to 20.4 billion euros</title>
		<link>http://patbkk.com/the-budget-deficit-in-ireland-to-20-4-billion-euros/</link>
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		<pubDate>Sat, 03 Sep 2011 00:35:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[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 [...]]]></description>
			<content:encoded><![CDATA[<p>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. </p>
<p> Excluding a $ 10.6 billion paid for the Irish banks, the deficit was reduced by about two billion euros a year, the ministry said. </p>
<p> Tax revenues reached 20.5 billion euros, representing an increase of 8.3% over the previous year and slightly above the target of 20.3 billion set by the Ministry for the end of August. </p>
<p> Expenses amounted to 29.2 billion euros in the first eight months of the year. </p>
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		<title>Irene was up $ 400 million damage Carolina</title>
		<link>http://patbkk.com/irene-was-up-400-million-damage-carolina/</link>
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		<pubDate>Sun, 28 Aug 2011 20:50:06 +0000</pubDate>
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		<description><![CDATA[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&#39;s catastrophe modeling firm EQECAT . 
 This evaluation suggests that the hurricane was downgraded to a tropical storm may have caused less damage than feared [...]]]></description>
			<content:encoded><![CDATA[<p>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&#39;s catastrophe modeling firm EQECAT . </p>
<p> This evaluation suggests that the hurricane was downgraded to a tropical storm may have caused less damage than feared by insurance professionals. </p>
<p> According EQECAT, the bulk of the damage in both states was recorded in North Carolina, including unusual waves and flooding.</p>
<p> Added compensable damage suffered in the Caribbean, estimated between 300 and 600 million, now estimated EQECAT Irene has so far caused damage of between 500 million and one billion dollars. </p>
<p> This is less than the estimates of the competitor AIR Worldwide, which refers to 1.1 billion damage in the Caribbean region alone. </p>
<p> Estimates of damage to the rest of the United States are expected in Monday. </p>
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		<title>Saab providers threaten to require the bankruptcy</title>
		<link>http://patbkk.com/saab-providers-threaten-to-require-the-bankruptcy/</link>
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		<pubDate>Wed, 10 Aug 2011 22:35:07 +0000</pubDate>
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		<description><![CDATA[Several European suppliers of the Swedish Saab intend to apply for bankruptcy, hoping that this threat will grow the group, faced with severe budgetary difficulties, to settle its debts to them, their association said on Wednesday. 
 Vehicle production is interrupted in April at Saab, suppliers refusing to deliver more parts until they have been [...]]]></description>
			<content:encoded><![CDATA[<p>Several European suppliers of the Swedish Saab intend to apply for bankruptcy, hoping that this threat will grow the group, faced with severe budgetary difficulties, to settle its debts to them, their association said on Wednesday. </p>
<p> Vehicle production is interrupted in April at Saab, suppliers refusing to deliver more parts until they have been paid. </p>
<p> Lars Holmqvist, Director of the European automotive suppliers, told Reuters that the Spanish supplier Matrici S.Coop preparing an application for bankruptcy of Saab on the grounds that the manufacturer owes him two million euros. </p>
<p> The Spanish company could not be reached immediately. </p>
<p> In July, Saab was able to avoid the bankruptcy of one of its units by entering into an agreement with the supplier SwePart Verktyg AB. </p>
<p> &quot;Some companies expect and receive no response.Others have heard that some had been paid in part, what irritates them greatly, &quot;reported Lars Holmqvist. </p>
<p> &quot;They realize that there is no alternative but to seek bankruptcy, because obviously in this case, Saab will pay.&quot; </p>
<p> He has said he was approached by German suppliers, who reported each of around five million euros of debt on Saab. </p>
<p> A spokesman for the Swedish carmaker, said: &quot;We know in what situation we are. We work very hard to resolve it and ensure more stable funding.&quot; </p>
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		<title>The views of policies of the plan of aid to Greece</title>
		<link>http://patbkk.com/the-views-of-policies-of-the-plan-of-aid-to-greece/</link>
		<comments>http://patbkk.com/the-views-of-policies-of-the-plan-of-aid-to-greece/#comments</comments>
		<pubDate>Sat, 23 Jul 2011 11:00:17 +0000</pubDate>
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		<description><![CDATA[The political positions are increasing after the new aid package to Greece. Have &#8230; but enough? Anthology.&#34;Paginate&#34;&#62; 10 / 14 
 PauseSuivant Previous Previous Next Hervé Morin
 11 / 14 
 Previous Previous PauseSuivant Pierre Laurent Next
 12 / 14 
 Previous Previous PauseSuivant Jean Leonetti Next
 13 / 14 
 PauseSuivant Previous Previous Next [...]]]></description>
			<content:encoded><![CDATA[<p>The political positions are increasing after the new aid package to Greece. Have &#8230; but enough? Anthology.&quot;Paginate&quot;&gt; 10 / 14 </p>
<p> PauseSuivant Previous Previous Next Hervé Morin
<p class="paginate"> 11 / 14 </p>
<p> Previous Previous PauseSuivant Pierre Laurent Next
<p class="paginate"> 12 / 14 </p>
<p> Previous Previous PauseSuivant Jean Leonetti Next
<p class="paginate"> 13 / 14 </p>
<p> PauseSuivant Previous Previous Next Marine Le Pen
<p class="paginate"> 14 / 14 </p>
<p> Previous Previous PauseSuivant Accoyer Next</p>
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		<title>The banks have difficulty in agreeing on the debt of Greece</title>
		<link>http://patbkk.com/the-banks-have-difficulty-in-agreeing-on-the-debt-of-greece/</link>
		<comments>http://patbkk.com/the-banks-have-difficulty-in-agreeing-on-the-debt-of-greece/#comments</comments>
		<pubDate>Thu, 07 Jul 2011 22:35:09 +0000</pubDate>
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		<description><![CDATA[Major international banks, under pressure from European government officials to agree on a voluntary turnover Greek debt, met Thursday in Rome without reaching an agreement in the wake of unfinished discussions in Paris. 
 Representatives from the European Central Bank, the Greek government, international and Italian banks met in Rome under the auspices of the [...]]]></description>
			<content:encoded><![CDATA[<p>Major international banks, under pressure from European government officials to agree on a voluntary turnover Greek debt, met Thursday in Rome without reaching an agreement in the wake of unfinished discussions in Paris. </p>
<p> Representatives from the European Central Bank, the Greek government, international and Italian banks met in Rome under the auspices of the Institute of International Finance (IIF), a source close to the Italian Treasury. </p>
<p> The discussions were aimed at &quot;test and refine the options discussed in the release of the board of IFI last Friday,&quot; is written in a message sent by mail by the global association of financial institutions.</p>
<p> The Ifi said that the approaches in terms of &quot;acquisition debt&quot; are still under investigation without giving details. </p>
<p> Banks are struggling to find a deal that would allow private creditors to refinance part of the Greek debt they are without this being considered a failure by the rating agencies that follow these developments very closely. </p>
<p> The creditor banks are divided on how best to structure their participation in the debt refinancing Greek. </p>
<p> The Rome meeting came a day after similar discussions held in Paris during which &quot;a set of options&quot; were discussed according to Charles Dallara, the managing director of IFI.</p>
<p> A proposal by the French banks would refinance the private creditors at least 70% of the Greek debt maturing until the end of 2014 as 30-year bonds on a voluntary basis has raised objections from agencies ratings. </p>
<p> Stakeholders discuss a wider range of options. </p>
<p> The source close to the Italian Treasury confirmed that the meeting had ended around 12:00 GMT. </p>
<p> NOT REALISTIC </p>
<p> This source had earlier said there would be &quot;an exchange of views on the latest developments and on tracks that are on the table in terms of the involvement of private creditors.&quot;&quot;Several options will be discussed,&quot; she added. </p>
<p> The meeting was led by Vittorio Grilli, Director-General of the Italian Treasury and Chairman of the European Economic and Financial Committee. </p>
<p> A European source had also said that such a meeting would be held in Rome, stating that EU representatives would attend.However, no representative of the rating agencies were present, according to another source. </p>
<p> The veto is that the reservations expressed by the rating agency Standard &amp; Poor&#39;s in terms of French banks has forced the parties to expand the options considered. </p>
<p> Germany has proposed other tracks including the ability for banks holding bonds to exchange them against Greek titles longer maturities.This proposal, however, does not raise the enthusiasm of banks and other European governments. </p>
<p> Deputy Finance Minister Joerg Asmussen German presented on the table Wednesday the idea of ​​an exchange of debt Greek adding that discussions would take place during the summer holidays. </p>
<p> The Dutch Minister of Finance Jan Kees de Jager, for his part said Thursday in an interview with the daily Het Financieele Dagblad need to pressure the banks to contribute to a bailout of Greece, the idea of ​​participation volunteer is not realistic. </p>
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		<title>Saudi Arabia could buy 200 German tanks</title>
		<link>http://patbkk.com/saudi-arabia-could-buy-200-german-tanks/</link>
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		<pubDate>Tue, 05 Jul 2011 01:40:08 +0000</pubDate>
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		<description><![CDATA[Saudi Arabia to buy 200 of the German Leopard 2A7 tanks +, revealed Monday the Saudi military sources. 
 The state oil in the Gulf has already purchased 44 Leopard tanks as part of the agreement, said one source. 
 &#34;So far, Saudi Arabia bought 44 tanks from Germany and (&#8230;) wishes to acquire a [...]]]></description>
			<content:encoded><![CDATA[<p>Saudi Arabia to buy 200 of the German Leopard 2A7 tanks +, revealed Monday the Saudi military sources. </p>
<p> The state oil in the Gulf has already purchased 44 Leopard tanks as part of the agreement, said one source. </p>
<p> &quot;So far, Saudi Arabia bought 44 tanks from Germany and (&#8230;) wishes to acquire a total of 200,&quot; she said, refusing also to reveal the amount of the transaction that includes several billion. </p>
<p> The German government has refused to confirm the sale. </p>
<p> The tanks are built by Krauss-Maffei Wegmann and Rheinmetall by. </p>
<p> Der Spiegel revealed Sunday that the security council of the German government had given the green light last week in this transaction.</p>
<p> The German newspaper stated that Saudi Arabia has long been thought to buy Leopard but had been confronted with several refusals, Berlin citing a danger to Israel. But according to Der Spiegel, Germany no longer considers that the Saudi armored divisions are a danger to Israel. </p>
<p> The Greens and the party Die Linke (The Left) said they would condemn such a sale if confirmed to the extent that it violates restrictions on arms exports. </p>
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