The salvation of the euro area could come from China. Forced to borrow at prohibitive rates Monday morning, Rome had in fact asked Beijing to make significant repurchases of its sovereign debt, reports the Financial Times. A member of the Italian government confirmed on Monday the existence of discussions with the Middle Kingdom on [...]
Aug
3
The case "against oil food," in which many French personalities are involved, has just experienced a dramatic rebound. While the Paris prosecutor's office had requested twice in 2009 and in 2010, a dismissal, Judge Serge Tournaire decided to return to the criminal court 19 people, including former minister Charles Pasqua, and the current CEO [...]
Aug
1
The uncertainty seems to have finally dissipated in Washington. After long weeks of negotiations, Republicans and Democrats finally have reached an agreement to raise the U.S. debt ceiling. After a retraction in the Sunday afternoon, the White House confirmed Sunday night (Monday morning Paris time) that President Barack Obama and Congress had reached agreement [...]
Jul
11
Impatience is not formally expressed, but the signal is clear: the leaders of three major European institutions – the Council, the Commission and the Central Bank – can be found Monday morning in order to spur the seventeen countries of the euro, still unable to agree on mounting a second rescue plan for Greece. [...]
Jul
2
This is the miracle of a well-considered financial communications. EuropaCorp, the film production studio of Luc Besson, this morning announced a net loss for the year 2010-2011 of 30.2 million euros after a loss of 9.2 million in 2009-2010. Operating income amounted to – against 47.4 million – 16.2 million in 2009/10. At the [...]
Jun
24
The Italian luxury brand, Prada is the first of his country to its IPO on the Hong Kong. On his first day of trading, securities were up 0.25% in early trading to 39.60 Hong Kong dollars (3.56 euros), against an introductory course in 39.50 dollars in Hong Kong ( 3.55 euros), while the Hong [...]
Jun
7
Caution should also curb the enthusiasm of operators in the Paris Stock Exchange on Tuesday. The Paris markets remain troubled by evil U.S. macroeconomic indicators are fears of slowing growth overseas. They are also disturbed by the financial situation of the euro area. Just yesterday, the CAC 40 has signed a new session bearish [...]
Jun
1
Keep the 4000 points will be the goal of the day at the Paris Bourse. This threshold was consolidated yesterday with an increase of 1.63%, amid relief on the Greek case. Germany indeed abandon the idea of ​​restructuring the debt. Information that was also relieved Wall Street and Asian markets yesterday.
On Wednesday, [...]
May
15
Dominique Strauss-Kahn is Innocent until his guilt is proven. For all his indictment is a disaster for the International Monetary Fund (IMF), the G 20 and for his family.
The Director General of the monetary institution was to meet Angela Merkel in the next few hours. It should be associated in the coming [...]
May
8
In Atlanta
Click image for larger graphic cash advance.