Oil prices end down sharply because of Greece

Brent crude closed Monday at 101.71 dollars a barrel, down $ 1.05, or 1.02%, against a backdrop of rising dollar against the euro and concerns about the crisis European debt.
This is the lowest closing price of Brent in seven and a half months.
Shortly before, a barrel of U.S. light crude had [...]

The confidence index at half of French households

French consumer confidence has deteriorated sharply during the summer, the monthly survey shows Friday the INSEE.
The composite indicator of consumer confidence stood at 80, down five points from July, and is now the lowest since February 2009.
Economists and analysts polled by Reuters on average expected a figure of 84 and the [...]

Obama presents his plan to reduce the deficit

The U.S. president announced Monday new measures savings of $ 3 trillion dollars over ten years. They include the creation of a tax on the rich millionaires. President Barack Obama has presented new cost-saving measures to reduce the deficit Monday, September 19 in the Rose Garden of the White House.
President Barack Obama said Monday, [...]

Tokyo finally stable, the Fed raises high expectations

The Tokyo Stock Exchange ended on a symbolic increase of 0.01% Wednesday as investors pausing following increases in the last four sessions, investors waiting for signs of support from the Fed.
The Nikkei gained 1.30 point to 8,955.20 and the Topix, broader took 3.30 points (0.43%) to 770.60.
Japanese stock indices have evolved [...]

Lenovo double its earnings but fears a global slowdown

The manufacturer of personal computers Lenovo China Thursday posted a near doubling of quarterly profit, but expressed concern about the impact of a slowing global economy, making the stock market drop his title by nearly 8 %.
The third global brand PC has been driven by strong sales in China and other emerging markets [...]

Wall Street opens sharply lower

Wall Street opened sharply lower Tuesday, as expected by economists following the announcement of a virtually stagnant growth in Germany in the second quarter, fueling fears of a relapse of the global economy.
Confirmation of the AAA rating of the United States by Fitch, a strong statistical U.S. industrial production and a given property [...]

To a last-minute agreement on the U.S. debt

The U.S. Congress was about on Sunday to reach a last-minute deal to raise the debt ceiling and prevent the world's largest economy a default.
"We are ready," he told CNN the leading Republican minority in the Senate, Mitch McConnell, who plays a key role in these talks.
Meanwhile, a senior White House [...]

What Nicolas Sarkozy wrote to parliamentarians

For the first time a President sent a letter to MPs and senators. In the letter signed by him, Nicolas Sarkozy praised the European decisions on Greece and calls for hidden words the opposition to vote the golden rule budget. Nicolas Sarkozy sent a letter signed by him to Parliament to review the plan of [...]

Total amount to $ 10 billion project Moho Bilondo

Total amount to ten billion dollars (seven billion euros) of investment needed to develop the oil field north of Moho Bilondo off the coast of the Republic of Congo, said its CEO, Christophe de Margerie.
"The project Moho Bilondo North is the future of oil exploration by the year 2015-2017 in the Congo," said [...]

Save Greece will increase the debt of 15 billion French

The new aid package to Greece indirect cost 15 billion euros to France, Francois Fillon said. Prime Minister Francois Fillon, surrounded by the Minister of Economy and Finance Baroin, and budget minister Valérie Pécresse, held a réunuion with government and parliamentarians on the new European plan for aid to Greece.
The new bailout of Greece [...]