The European single currency rose Wednesday to below $ 1.40 for the first time since July 14, shortly after the announcement of the U.S. Federal Reserve (Fed) has maintained its key rate to almost zero and confirmed that it would end in March to its bank refinancing auction introduced in December 2007.
Around [...]
Inflation, what inflation? In 2009, the price increase was more than minimal, at 0.1% annual average. But this overall figure hides very large differences. Of the 110,000 products and services scrutinized by INSEE, there is good … and bad students in matters of etiquette. Red tape recorded a jump of 51.4% (see below) while [...]
Rusal became Wednesday the first Russian group to be listed on the Stock Exchange of Hong Kong. A first that has not gone as planned, since the opening, shares were down nearly 10% to 9.82 dollars. Rusal is also the first Russian company to enter the European market of NYSE Euronext. During the first [...]
Operation fiscal restraint for Barack Obama. According to a senior U.S. official, Bush will freeze for three years, from 2011 to 2013, part of the federal budget of the United States. The proposal, to be unveiled on Wednesday night in the annual speech by U.S. President on State of the Union Congress, is to [...]
An embarrassed government, opposition ulcerated, and now a board of directors of Veolia tense. The case Proglio endless making waves. During the television show "13.15 on Sunday" on France 2, Christine Lagarde, Minister of Economy and Finance, said Henri Proglio will leave Veolia. "Do not [this combination] lasts forever. He has also admitted before [...]
The declaration of war against Obama's Wall Street? Even the Wall Street Journal loved …. principle. "Putting aside the populist aspect of the announcement, Obama was introduced yesterday in the discussion of financial reform its first serious idea," wrote the columnist of the Journal.
U.S. President adopted the posture of the defender of [...]
Neither increase nor decrease. This is the verdict statement Friday by the French Union of Petroleum Industries (Ufip) about fuel deliveries for the year 2009. These amounted to just 50.5 million cubic meters, up 0.1% compared to 2008.
"This very small increase is explained by the fact that the first five months of [...]
Just came into force on 1 January, the agreement of free trade between China and the six most advanced countries of South-Eastern Asia (Brunei, Indonesia, Malaysia, Philippines, Singapore, Thailand) was denounced Wednesday by Jakarta.
It affects 1.9 billion people and 7 000 products, 90% of trade in a region where trade flows are [...]
The big crowd is back at the Consumer Electronic Show (CES) in Las Vegas, which closed its doors this morning. The largest exhibition of consumer electronics in the world has hosted spectacular innovations televisions adapted to stereoscopic images, screens still thinner (a few millimeters thick), massive (3.86 meters diagonally) or flexible. Innovation is one [...]
Cadbury does not decide to Kraft. According to the website of The Wall Street Journal, the British confectioner would have held discussions "very frequent" and "very frank" in recent weeks with U.S. rival Hershey that it offers a rival bid to that of Kraft . "The Cadbury managers have told their counterparts from Hershey [...]