Archive for the ‘occupation’ Category

November 29, 2011

The British government Tuesday revised down sharply its growth forecasts and found that it would take longer than expected to reduce the budget deficit, which led him to extend austerity measures beyond the election date of 2015. Finance Minister (Chancellor of the Exchequer), George Osborne, warned that the UK ...

November 27, 2011

The recovery plan for Air France will be in two phases and its first phase in January or February, will include measures to increase savings in order to preserve cash, writes La Tribune to be published Monday. The second part of the plan will be announced in May or ...

November 11, 2011

The International Monetary Fund (IMF) estimates that there is a definite risk that the major economies fall into recession, unless their authorities take urgent measures to stimulate growth. In a note which had been prepared for the G20 summit held in Cannes last week, but was not published until ...

November 10, 2011

HSBC reported Wednesday a fall from higher than expected profits in the third quarter due to sluggish performance of its investment arm and an increase in bad debts in the United States. The first European bank also warned that it could leave the United Kingdom, where its headquarters for ...

Consumer confidence up two points in October

October 25, 2011

French consumer confidence rose in October, conversely to the expectations of economists shows a monthly survey released Tuesday by INSEE. The composite indicator of consumer confidence stood at 82, up two points from September. The 17 economists and analysts polled by Reuters on average expected a figure of ...

Trichet the ECB brought out of its frame, according to a survey

October 17, 2011

Jean-Claude Trichet has exceeded the mandate of the European Central Bank (ECB) in its efforts to stem the debt crisis in the euro area, as more than half of bank employees asked about the eight years of his presidency the ECB. Just under half of the 1200 ECB employees ...

Shale gas: the repeal of three licenses is formalized

October 13, 2011

An order of revocation was published in the Official Gazette on Thursday. It provides for removal of three licenses for shale gas of 64 in the south of France. A manifestation of anti-shale gas in the National Assembly, 10 May 2011. The order of revocation of three licenses for ...

The Tokyo Stock Exchange ended down 0.4%

October 12, 2011

The Tokyo Stock Exchange to a halt Wednesday, after three sessions of gains, the disappointing results of the U.S. Alcoa raising fears a negative impact of the debt crisis in the euro zone on third quarter results. The Nikkei lost 0.4%, or 34.78 points to 8738.90 points and the ...

Crédit Agricole could also reduce its balance sheet

September 27, 2011

Crédit Agricole will likely path traced by BNP Paribas and Societe Generale by announcing measures to reduce the size of its balance sheet and reduce its financing needs in dollars, analysts and sources close to the bank. Although more focused on retail banking and has already cut the wing ...

Athens is considering a 50% discount on its debt

September 23, 2011

The Greek Finance Minister Evangelos Venizelos spoke to parliament three scenarios to solve the budget crisis, including a default ordered at a discount of 50% for holders of sovereign debt, the Greek press reported Friday. A spokesman for the Greek government has denied reports the newspaper Ta Nea and ...

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