Posts tagged as: Gross Domestic Product

PMI survey says recession in Euro Zone may occur

PMI survey

The business service firms in the euro zone shrank more markedly than expected in October, the debt crisis has sealed new business, increasing the risk of another recession Friday show monthly PMI surveys. The debt crisis, which hurts companies in the euro area, has experienced dramatic new twists in recent days with the political crisis [...]

France ranked 20th in the UNDP’s Poverty in the world

france pov

The United Nations Development Programme (UNDP) has published a ranking of countries according to income, health and education, on Wednesday. France is in twentieth place. Poverty declined in the world. This is the main lesson of the last report of the United Nations Development Programme entitled “  Sustainability and Equity: a better future for all “ . Based on [...]

The borrowing cost for the Italian state exceeds 6%

italystate

The cost of Italian government bonds to 10 years Friday has exceeded 6% for the first time since the launch of the euro, reflecting persistent concerns of some investors in the wake of the Brussels agreement on the debt crisis. Analysts saw the award of the Italian Treasury as the first real test of market [...]

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 [...]

US growth on its strongest

US-Economy1

Gross domestic product (GDP) U.S. rose 2.5% in the third quarter year on year, according to first estimates released Thursday by the Commerce Department. This growth, in line with the expectations of the markets, a marked acceleration from the 1.3% in the second quarter, and provides a welcome relief to those who thought the economy [...]

United States: Durable goods continues to fall

goods

Washington (awp / afp) – Orders for durable goods fell in the U.S. in September for the third time in four months, driven by a drop in orders in the aerospace sector, according to official figures released Wednesday in Washington. The durable goods orders fell 0.8% from the previous month, seasonally adjusted data, after falling [...]

Bank of France: French economy would increase this year

french

French gross domestic product should be stable or, in the best case, register a slight increase later this year, according to the latest statistics from the Bank of France and INSEE. The Bank of France reiterated Monday its forecast of growth of 0.1% of the French economy in the third quarter, based on the results [...]

Financial breakdown in Germany’s confidence index

German Finance Minister Schaeuble speaks during news conference after talks with financial experts on new finance architecture in Berlin

The confidence of the German financial community in the economic prospects of their country for six months, measured by the barometer Zew, in August fell for the sixth consecutive time, undermined by concerns about the economy . The barometer rose to -37.6 points Zew in August after -15.1 points in July, said Tuesday in a statement the [...]

United States trapped with their debt

20020910-033 NewYork financial wall street

After the announcement of the financial rating agency Standard & Poor’s, Wall Street ended down 1.14% Monday, April 18. NEW YORK CORRESPONDENT – And now, what impact will the warning shot of the financial rating agency Standard & Poor’s (S & P)? Evoking, Monday, April 18, the possibility of lowering the “stable” to “negative” the outlook for the [...]

Bercy’s Growth disappoints maintains its objectives

French economy

PARIS (Reuters) – The growth of the French economy was twice lower than expected end of 2010, limiting its rebound to 1.5% throughout the year after a historic decline in 2009, but the government confirmed a target figure of 2.0% this year. The gross domestic product (GDP) of France rose 0.3% in the fourth quarter, [...]

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