Posts tagged as: Economy

US: Slow economic growth with unemployment

unemployment-2

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, [...]

Euro Zone: In manufacturing activity, the contraction has accelerated

A man looks at the WIG20 index on a screen at the Warsaw Stock Exchange

“The contraction in manufacturing activity in the Eurozone accelerated in October,” is the title of the latest survey by the Markit Economics published on Wednesday. The final sector PMI stood below the 50, boundary between the zone of expansion and contraction, and this for the third consecutive month to 47.1 against 47.3 in the flash estimate. This [...]

Real Estate industry is one the rise again in Paris

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The latest memo on the economy of the Paris Notaries reports an increase in price per square meter particularly strong for Paris. The historical level of 8000 euros per square meter seems truly achieved. Notaries report at the same time lower transactions. The real estate market in the capital has indeed experienced a particularly strong price increase [...]

Accor hotels: 30,000 rooms opened in 2011

Accor

The hotel group Accor has achieved 1.354 billion euros in turnover in Q1 2011, up 5.8% from the first quarter of 2010 as reported and 5.5% comparable data. Analysts surveyed by Bloomberg forecast an average turnover of 1.36 billion Euros. In Upscale and Midscale, turnover rose by 6% as reported and 5.7% in comparable data. Revenues per room [...]

155 million was needed to cut the weight of oil prices

stocks

The French oil agrees to participate in the appreciation of the flat rate mileage. The objective is to offset rising fuel observed recently. The announcement was made at midday on Monday, following a meeting of professionals in oil, Christine Lagarde, Minister of Economy and Industry counterpart Eric Besson. The actors in the production, refining and distribution [...]

Markets, no reaction to the Fed

Markets, no reaction to the Fed

World stock markets performed poorly after the announcement by the Federal Reserve (Fed) on the evolution of the U.S. economy, where he said that reports moderate growth despite the bond purchase program by 600 billion dollars implemented last year by Obama. In this context, the U.S. Dow Jones index saw an increase of 0.07%, which [...]

Oil boosts exports

Oil boosts exports

During the first eleven months of 2010, Colombian exports grew by 21.3 percent over the same period of 2009, when it had been a decline of 14.4 percent, from 29 thousand 663 million dollars, 35 000 974 million dollars. According to the National Administrative Statistics Department (DANE), traditional exports increased 42.5 percent, primarily due to [...]

Ireland’s GDP rises 0.5 percent in the third quarter

Ireland's GDP rises 0.5 percent in the third quarter

DUBLIN – The Irish government said today that the Gross Domestic Product (GDP) grew 0.5% in the third quarter of this year, after decreasing 1% in the second quarter. Already the Gross National Product (GNP) in the country, which excludes the profits of multinationals, rose 1.1% in the third quarter, compared with a 0.1% in [...]

Economic data penalize euro

Economic data penalize euro

Against the U.S. dollar, euro slips 0.26% to $ 1.3186. The construction of new homes rose for the first time in three months in the U.S. in November. The construction of new homes rose to an annual rate of 555,000 in November in the United States, representing a growth of construction in October, which ended in [...]

Industrial production grows 0.7 percent in the euro area

Industrial production grows 0.7 percent in the euro area

Industrial activity rose 0.7% in the euro area in October compared with September. In the 27 countries of the EU (European Union) was a high of 0.3%. The data was released today by the bloc’s statistics agency, Eurostat. In comparison with October of last year, the increase was 6.9% in the euro area and 6.7% respectively. The [...]

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