Foreign investors are starting to look at Nigeria with a growing mistrust and the massacre of 500 Christians in central Somalia on Sunday should not reassure them. International companies present in this state, the second largest oil producer after sub-Saharan Angola, worried about the threat to the balance of power head.
"The violence [...]
Mar
10
Feb
5
A giant and one giant British have published good results. And this is the sector that benefits. Precisely what happens this Thursday on the financial markets: Cisco Systems and Vodafone have both reported results beyond expectations that suggest an improved outlook for the telecommunications industry as a whole.
In exchange, Paris, France Telecom [...]
Jan
9
Despite the unemployment figures for December, which are worse than expected, U.S. stock markets end up, thanks to a late start of the session: the Dow Jones gained 0.10% and the Nasdaq, 0.75%. The day before, the Exchange had ended in the balance.
The U.S. has destroyed 85,000 jobs in December as the [...]
Dec
25
The phenomenon is new. Between 2009 and 2010, the debt of most developed countries will literally fly. The average debt of countries of the Organization for Economic Cooperation and Development (OECD), representing 73.1% of GDP in 2007 should reach 100% by 2011. Clearly, the average debt of OECD countries will equal then the total [...]
Dec
1
In presenting his 2010 budget to Parliament, Giorgos Papakonstantinou did not mince his words. The Greek finance minister said the "state of emergency we have a deficit of nearly 30 billion and a debt estimated at 300 billion euros," he said. The economy is close to insolvency and sow confusion in the eurozone weakened [...]
Nov
27
General Motors today launched its restructuring plan in Europe. The head of GM Europe, Nick Reilly recalls from 9000 to 9500 job cuts in its German subsidiary Opel and Vauxhall UK, a total of 50,000 employees. He met today with Minister-President of the Land of North Rhine-Westphalia, Jürgen Rüttgers
The German factory in [...]
Nov
27
The IT market reached record highs. Finally, global shipments of PCs (Personal Computer) should grow in 2009 to 298.9 million units, up 2.8% over one year, announced Monday the research firm Gartner, which anticipated a decline. "It will be a new record, as in the past ten years!" Provides Ranjit Atwal, an analyst at [...]