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 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 [...]

The President of the European Central Bank (ECB), Jean-Claude Trichet, said that the crisis of sovereign debt in Europe is not over and it is too early to estimate the lights returned to green.
In interviews granted to the German newspaper Bild am Sonntag, and French Le Monde, one that will yield the first [...]

PSA Peugeot Citroen said Wednesday its intention to eliminate 3,500 jobs in Europe in 2012 as part of strengthening its cost savings.
The automaker said that 2,500 jobs would be lost in the structure functions, while the enrollment decline in production is estimated at 1,000 positions.
In addition 2,500 jobs will be cut [...]

The French Finance Minister Baroin promised Saturday to the rest of the world that the Europeans would provide a response on October 23 "critical" to the debt crisis. The French Minister of Economy Baroin chaired the G20 finance 14 to 15 October in Paris
Europe is the threshold of a decisive week that will culminate [...]

Friday Fitch downgraded the rating of Italy a notch and that of Spain in two, citing a worsening debt crisis in the euro area and the risk of fiscal slippage in both countries.
Note of Italy fell from AA-to A + and that of Spain AA + to AA-.The prospect of the two countries [...]

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 [...]

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 [...]

Employees of Boeing delivered Monday by hand – in the literal sense – 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 [...]