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 [...]
Feb
5
Record deficit of 70 billion for the French foreign trade
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02 5th, 2012 |
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Nov
30
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, [...]
Nov
26
Wall Street has been able to maintain its gains Friday and turned down at the end of a shortened session and low volumes, a strong commercial start of the period of Christmas and New year could not compensate all fears arising from the debt crisis in the euro area.
However, U.S. consumers flocked to [...]
Nov
9
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, [...]
Oct
20
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 [...]
Oct
11
The leader of the ultra-liberal Freedom and Solidarity (SaS) is threatening not to support the strengthening of the European Financial Stability Fund (EFSF). Slovakia is the latest European country to not voting the text. Slovak Prime Minister Iveta Radicova and the president of Freedom and Solidarity Movement (SaS) Richard Sulik in negotiations for el parliamentary [...]
Oct
9
Propelled to the head of Dexia in 2008 after a first rescue Franco-Belgian bank, Pierre Mariani will ultimately failed to recover the former world number one local government financing trapped in the quagmire of debt crisis sovereign within the euro area.
Former director of cabinet of Nicolas Sarkozy during his visit to the Department [...]
Oct
3
European shares fall in early trading Monday, as Asian markets, in markets dominated by new concerns about the Greek crisis and global growth.
At 9:15, the CAC 40 was down 2.92% at 2894.91 points, starting the last quarter backwards, after falling 25% in the third quarter, its largest quarterly decline since 2002.
Other [...]
Sep
22
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 [...]
Sep
20
Wall Street opened on an uncertain note Tuesday in the wake of profit taking and as investors questioned whether the Fed will back a move to boost growth.
In early trade, the Dow was stable (0.04%) to 11,406 points.The Standard & Poor's also (-0.01%) to 1204 points while the Nasdaq composite fell by 0.1% [...]