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 [...]
Catering. Consultancy. Cleaning. Tutoring at home. Services have emerged as one of the engines of the French economy. They represent 57% of GDP. They have experienced an average growth of 2.9% per year against 2% for the overall economy over the last thirty years. They employed 8.9 million people or 34.4% of total employment [...]
More than three days to hunt for bargains: the winter sales started January 6 will be completed February 9. According to a survey by the Chamber of Commerce and Industry of Paris (CCIP), 53% of Parisian merchants expressed disappointment with these balances. For 55% of them, "the result of these items is lower than [...]
Industries French armaments are ironed on the offensive abroad. In 2009, they exported nearly 8 billion euros of military equipment (up 31% over 2008), returning to levels of 2000. Followed closely behind by Israel and the United States, Britain and Russia, France wants to reclaim its rank as third largest exporter of military equipment, [...]
Budget Minister Eric Woerth announced Wednesday morning that the deficit would "7.9% of GDP in 2009 instead of 8.2% forecast, and in 2010 should be" around 8.2% " , thus confirming the details of Figaro.
"For the first time in 2009, the state will spend less in 2008 (…). In 2009, we have [...]
The San Francisco bank Wells Fargo has refunded just before Christmas 25 billion dollars which had been loaned by the U.S. state to avoid bankruptcy a year earlier. Freed of that debt, it can now overcome limitations on compensation imposed by the government institutions it has helped. Duly noted. From December 31, Wells Fargo [...]
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 [...]
China never ceases to show strong growth insolent, given the economic performance of developed countries. The government announced Monday it was a growth of 8% in 2010, the same as that expected for 2009.
The Chinese economy could do even better. The OECD estimates, as many economists that the figure could reach 10%. [...]
Finally. With a year and a half years behind its original schedule, the Airbus A400M military must conduct its first test flight Friday morning. Unless last-minute incident, the aircraft must fly 10 hours to Seville in Spain, where the manufacturer assembles this revolutionary turboprop. The inaugural flight of 3 hours has been entrusted to [...]
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 [...]