Posts tagged as: Economists

Greece in the Euro Area: Beneficial or Disastrous?

EU and Greece

Greece has given a referendum on the European scheduled for early December. But what would happen if the country went completely in the euro area? Let us go further. Imagine that Greece is no longer part of the euro area in the coming months. Output desired by some but feared by others. This scenario unthinkable a few weeks [...]

US: Slow economic growth with unemployment

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Job creation has slowed sharply in the United States in October, but this did not prevent the unemployment rate to fall slightly, according to official figures released Friday in Washington. The U.S. economy created more jobs that ‘it does destroy the thirteenth consecutive month, and the net hiring of the country stood at 80,000 jobs, [...]

Goods sold in September decreases to 0.5%

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* Decrease of 0.5% in September, up 0.2% in Q3 * Soft Outlook for Q4 in a climate of anxiety (Updated with economists, background, link) PARIS, Oct. 28 (Reuters) – French consumer spending on goods fell by 0.5% in September, a decline which reinforces the prospect of low growth in the third and fourth quarters while [...]

China will help Europe with up to $ 100 billion.

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China is considering investing 50 to $ 100 billion in emergency funds in the euro area, says the Financial Times. According to economists the Middle Kingdom has about 3200 billion in foreign currency, including 500 billion of European debt. China might be willing to contribute between 50 and 100 billion in EFSF (European Financial Stability Fund) [...]

Wall street agrees with EU

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After rising by 3% Thursday, the U.S. places slightly receding Friday. But they always point to their best month since 1987. Wall Street strengthens its position on Friday, following a jump of 3% welcoming the European agreement on the restructuring of the Greek debt, capacity building fund to support the euro and the recapitalization of European [...]

Wall Street: This crisis will be over soon

Bundles of Paper Currency

The Dow is back above the 12,000 points mark, in which it evolved since early August. Reassured by the agreement reached within the euro area, Wall Street offered a sharp rise at the opening on Thursday. Investors are looking particularly banking stocks, earning up to 9%. In addition, the GDP figures for the third quarter américéin have [...]

Increase of consumer confidence in October

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French consumer confidence rebounded in October despite the financial crisis, not compensate for their loss of confidence in September or dissipate their long-term depression, say economists. Consumer confidence has taken two points in October to 82 points, making up some ground lost in September (-5 points) when the indicator was at its lowest level since [...]

Sarkozy and Merkel is set to meet on Tuesday

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FINANCE – The two leaders have floor on the governance of the euro area to reassure the markets … Big day Tuesday at the heart of August for Nicolas Sarkozy. He lunched with Prime Minister Francois Fillon prior to receiving the same day German Chancellor Angela Merkel. The president had originally planned to meet Wednesday with François [...]

Wall Street’s to a slow start after poor response in Employment Wall Street’s to a slow start after poor response in Employment

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The New York Stock Exchange opened lower Wednesday after the publication of a study showing a drop in job creation in the U.S. private sector: the Dow Jones lost 0.35% and the Nasdaq 0.22%. Around 1:40 p.m. GMT, the Dow Jones Industrial Average to 12,525.59 points yielded 44.20 points and the Nasdaq, dominated by technology, [...]

Parliament: Bills passed for the citizens

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The water bill partially refunded in case of spillage, the classification output of Ena deleted, government ordinances on the right of shareholders … Anthology. Some provisions, very disparate, the bill UMP “simplifying and improving the quality of law”, pad tote 200 items by Parliament finally voted Thursday, April 14. Water bills The user is now protected against [...]

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