The Fed will consider the tools of monetary stimulus

August 27, 2011

The Federal Reserve chairman Ben Bernanke has failed Friday to announce new decisions to boost growth but felt it was vital for the economy to reduce unemployment in the long term. "It is clear that the recovery after the crisis was much less robust than we had hoped," he ...

The key to understanding the financial crisis

August 8, 2011

Why the panic in financial markets? Will there be a crash? What impact will the degradation of the note of the United States? The debt crisis in the eurozone is contagious? Our responses. Asian stock markets have closed sharply down Monday, August 8, 2011. The Tokyo Stock Exchange lost 2.9%, ...

The Eurozone is mobilized to extinguish the fire

August 5, 2011

Nicolas Sarkozy will confer by telephone this afternoon with German Chancellor Angela Merkel and Spanish Prime Minister Zapatero. European Commissioner for Economic Affairs, Olli Rehn, must in turn discuss ways to strengthen governance. The logo of the euro to the European Central Bank in Frankfurt. Faced with panic on ...

BNP vigilant on costs after a charge of Greece

August 2, 2011

BNP Paribas, which accounts for the second quarter were adversely affected by a provision of Greece intends to keep costs under control for the next few quarters, while expecting further declines in its risk provisions. The second largest bank in the euro zone by market capitalization, after Spain's Santander, ...

Business Tapie: Lagarde will have to wait

July 8, 2011

The Court of Justice of the Republic, which had to decide Friday on whether to open an investigation against the new boss of the IMF has postponed its decision on August 4. Christine Lagarde has taken up his post at the IMF, but it could be caught up by the ...

Greek Prime Minister willing to sacrifice for the austerity

June 15, 2011

According to Skynews, the leader of the Greek Government, George Papandreou, was ready to resign in favor of a government of national unity to save the austerity plan. To save the austerity plan, the Greek prime minister had offered his resignation According to Sky News, the Greek prime minister, ...

At the IMF, a competitor surprise for Christine Lagarde

June 12, 2011

The nomination of Stanley Fischer, governor of the Bank of Israel can it challenge the victory of Christine Lagarde announced? Stanley Fischer served as chief economist of the World Bank (1988 to 1990) and No. 2 IMF (1994 to 2001). The Governor of the Bank of Israel, Stanley Fischer, joined ...

Cellectis wants to become a leading biotechnology

June 10, 2011

Cellectis wants to make acquisitions in each of its areas of activity in order to market themselves the products of its technology for genome surgery. Biotechnology Summit organized by Reuters Choulika Andre, CEO, and Marc Le Bozec, CFO, stated that Cellectis looking for companies or assets to accelerate development ...

The luxury division of L'Oreal will outperform the market in 2011

May 23, 2011

Luxury cosmetics from L'Oreal should surpass this year's 6% growth expected for this market globally, thanks to the Chinese engine and the return of confidence in the U.S., said Monday the chief of the division Nicolas Hieronimus, at the height of luxury organized by Reuters, also expressed confidence for ...

Fitch lowered its rating on Greece and could go further

May 21, 2011

Fitch Friday pressed a little further the note attached to the Greek sovereign debt to speculative grade, adding that further cuts were to be expected if the European Union and the IMF did not present a credible plan to resolve the debt crisis the country. The rating agency downgraded ...

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