After investors were reassured Wednesday by the measures announced by Ireland as part of its austerity plan of 15 billion euros over four years, the CAC 40 index opened on a stable tone: +0.05% to 3752.42 points. On Wednesday, Wall Street has ended sharply higher: the Dow Jones climbed 1.37% to 11,187 points, the [...]
A dramatic decline. While more than half the 11 million employees were covered in 2008 by an industry-whose pay scale starting below the minimum wage, they are more than 12% this year, following a decline already significant at 23% 2009, reveals a study by the Department of Labor provided to social partners, and published [...]
No panic, the Irish crisis does not endanger the euro. The German Minister of Economy, Rainer Bruederle, wants to reassure the future of the single currency. "You can not compare the current crisis in Ireland with that of spring" that hit Greece, "he said in an interview with Focus magazine to be published Monday. [...]
There will soon be more legal restrictions on the purchase of tobacco abroad. According to the draft supplementary budget presented Wednesday by the Council of Ministers, the French law will adapt to the requirements of the European Union (EU). The French government sells well to pressure from Brussels, which considers that these restrictions are [...]
A page will look tonight at Wembley, on the occasion of the football game that goes against England at the France team. Not because a player emblematic of the Blues will retire, but because its OEM history, Adidas, will be present for the last time on the jersey of the eleven French. His eternal [...]
Save the banks for failing to bail out the state. The Irish Finance Minister would negotiate with the European Union aid to save the country's banks, according to the daily Irish Independent. Minister "Brian Lehinan could ask its European counterparts in Brussels on Tuesday if it is possible to give access to Irish institutions [...]
The CAC 40 continues to move away from 4000 points. On Monday, the benchmark index in Paris lost 0.54% to 3810.24 points in early trade.
The financial difficulties that affect several countries in the European Union, still sow doubt on the markets. Last rumor to date: Brussels could unblock some 70 billion euros [...]
After Greece, what will be the next country on the list of countries facing near bankruptcy? The question that plagued the markets in spring has returned to haunt investors in recent days. Their focus is now on Portugal and, especially, Ireland.
For both countries, market interest rates are so high they seem unsustainable, [...]
The CAC 40 does not know which way to turn this Thursday. The benchmark index in Paris first opened the session on a rise of 0.32%, gluing points to 3900, before dropping more than 0.50% half an hour after the start of the meeting. At midday, he returned to equilibrium with an increase of [...]
U.S. stock markets end up with no direction on Monday. The Dow Jones was down 0.33% to 11,406.76 points and the Standard & Poor's lost 0.21% at 1223.25 points, while the Nasdaq gained 0.04% to 2580.05 points. On Friday, Wall Street closed slightly higher. The Dow Jones gleaned 0.08% to 11,444 points, the Nasdaq [...]