Archive for the ‘Uncategorized’ Category

Wall Street has suffered from the pessimistic picture of the Fed

Wednesday, September 21st, 2011

Wall Street fell sharply Wednesday, investors have been stung by the bleak economic conditions compiled by the U.S. Federal Reserve even as it announced new measures to support the activity. The Dow Jones Industrial 30 yielded 2.49%, or 283.82 points at 11,124.84. The S & P-500, wider, lost 35.33 ...

The debt of Greece considered "out of control"

Thursday, September 1st, 2011

The recession exacerbated by the austerity measures threatens to increase deficits and reverse the effects of EU bailout. Result, the swelling of the debt would be out of control according to an official report published in Greece. Greece in the storm In a report released Wednesday, the new Budget ...

Spain is moving in the way of a golden rule on the deficit

Tuesday, August 30th, 2011

The Socialist government and the Popular Party (PP) opposition said Tuesday they have agreed to hold a parliamentary debate Friday on the amendment to cap the country's structural deficit to 0.4% of domestic product (GDP) over the duration of a cycle. The Spanish socialist government announced late last week ...

Credit Agricole above expectations despite Greece

Thursday, August 25th, 2011

Credit Agricole, which launched in late July a warning on its results because of the Greek debt crisis, said Thursday net profit above expectations in the second quarter, thanks to a load lower than initially announced on Greece . The French bank said in a statement it had a ...

Lower inflation excluding volatile in the euro area

Thursday, August 18th, 2011

Inflation excluding volatile components decreased in July in the euro zone, Eurostat said Wednesday, confirming also the overall annual inflation rate. Excluding energy and unprocessed food packaged, retail prices fell 0.8% monthly increase of 1.5% annually from 1.8% in June Overall, retail prices fell by 0.6% monthly in ...

Good marks from the IMF and EU aid plan in Portugal

Friday, August 12th, 2011

The reforms carried out by Portugal in exchange for the international bailout of 78 billion euros are on track and short-term evaluation is positive, said Friday the leaders of the European Union (EU) and International Monetary Fund (IMF). These leaders, who made a first assessment mission of the Portuguese ...

Wall Street ends down sharply, the Dow Jones lost 4.30%

Thursday, August 4th, 2011

The slide in equity markets was confirmed in the U.S. where the indices showed pronounced declines Thursday in the wake of European stock markets and in response to the publication of an indicator credence to the claim of an economy at a standstill . The New York Stock Exchange ...

20% drop in quarterly earnings Suzuki

Wednesday, August 3rd, 2011

Suzuki Motor posted Wednesday a 20% fall in its quarterly operating profit, hit by a drop in production after the earthquake of March 11, but this is above expectations and allows the manufacturer to keep its target for the year . Operating profit stood at 25.57 billion yen (234 ...

Consumption rebounds in trompe-l'oeil with balances

Saturday, July 30th, 2011

The 1.2% increase in household consumption of goods in France in June brings respite in a gloomy economic environment but is a sham related to sales, analysts said. The rebound by Insee said Friday, after three months of decline, is well above the expectations of economists polled by Reuters, ...

Eric Besson to the rescue of Total

Wednesday, July 20th, 2011

The Energy Minister ensures that the oil group affects many drops in oil prices "as fast" that increases their prices at the pump. Eric Besson it was again taken to the "extravagant claims" of politicians who had pointed to the huge profits of Total. The Energy Minister Eric Besson ...