According to Yves Leterme, Prime Minister Acting laBelgique, the decision was not "totally unexpected". The announcement of the rating agency Standard & Poor's downgraded the sovereign rating Friday night in Belgium – the passing of AA + to AA – is nevertheless "naturally bad news."
In the viewfinder of the rating agency, the [...]
McDonald's could have done this new scandal. Committed for 10 years in a campaign to improve its image and to defend the quality of its products, the giant U.S. fast food undergoes further attacks of his detractors. At issue this time, the treatment of chickens by a subcontractor of the group providing the eggs [...]
Creditor banks in Greece will have to accept losses "substantial" in the new bailout of the country, warned Saturday the European Ministers of Finance. At a meeting Friday evening, the central bankers of the euro zone have "agreed to say that we had to have a substantial increase in the contribution of the banks' [...]
The contours of the nationalization of Dexia emerge. When Nicolas Sarkozy and Angela Merkel discussed the rescue of banks in the euro area in Berlin, Prime Minister François Fillon, his counterpart Yves Leterme and representatives of Luxembourg have them addressed this issue in a summit to looks like a marathon. And this morning, after [...]
Kodak punished for their inaction. The manufacturer of cameras, plunged into the difficulties for failing to take timely turn digital, suffered the wrath of Wall Street. After winning 27% Monday, the action of the group dropped by a further 53.84% to 78 cents on the New York Stock Exchange Friday, and even over 65% [...]
After five consecutive gains, Wall Street switches to red. On Monday, the Dow finished the session on a drop of 0.94% to 11,401.01 points, the Nasdaq drops 0.36% to 2612.83 points while the S & P 500 was down 0.98% to 1204.09 points.
Operators are showing more and more skeptical about the ability [...]
The verdict is Moody's fell this morning: the agency has lowered a notch notes Crédit Agricole (Aa2) and Societe Generale (Aa3) and confirmed that of BNP Paribas (Aa2). It is far from the severe penalty that the market seemed to dread Monday when French banking stocks were massacred in the aftermath of a weekend [...]
The EU and the euro area are "strong and resilient," said this morning the President of the European Commission, an official visit to Australia. In response to the S & P, for whom the risk of another recession in Europe have increased, José Manuel Barroso said that "a recession is not expected in Europe," [...]
Announced every year since 2007, the reform of addiction waiting in early 2012. At best.
For every reason to believe that the government will push the bill financing the social security for the 2013 "emergency measures" as Roselyne Bachelot, Minister of Solidarity, had estimated before the summer, a billion euros. "Addressing this issue [...]