- November 27, 2011

Unemployment rose again in October and the outlook is bad, said Sunday the Minister for Employment, Xavier Bertrand, on the eve of the publication of these figures.

The number of unemployed in September reached its highest level since early 2000 to 2,780,500 for category A, the most observed.

"The truth is that the employment figures will not be good," said Xavier Bertrand when issuing the Grand Jury RTL-Le Figaro-LCI.

"And everyone knows they can not be good due to a crisis which does not come out again and even a crisis, the field is growing."

"Unemployment will increase in October," added Xavier Bertrand."As long as the economic situation will not improve, I do not see how the employment numbers will really improve."

- November 23, 2011

Fitch believes that the "AAA" rating of France would be in danger in case of intensification of the crisis and a worsening economic slowdown. The rating agency currently maintains its stable outlook. The offices of the rating agency Fitch in New York.

The rating agency Fitch Ratings said Wednesday that France could see its "AAA" rating, the best possible challenge for the aggravation of the crisis in the eurozone. "The AAA of France would be in danger" if the crisis worsens, then that would cause a worsening economic slowdown in France and Europe would force the country to help its banks, Fitch writes in his analysis .

According to the agency, France deserves its AAA today but could be forced to further action on the budget if it is to meet its deficit target of 3% of GDP in 2013, as pledged by the government.

The new Fitch report is published as France, rated triple-A from three major agencies, has suffered in recent days in the bond market, seeing the difference between its rate to 10 years and those of Germany to a level record since the inception of the euro area. Monday, rating agency Moody's had estimated that a rise in bond yields and French economic growth prospects deteriorated might have a negative impact on the debt rating of France.

- November 20, 2011

The Spanish Sunday should inflict a severe punishment vote to the Socialists, in power since 2004, the balance comes down to an economy threatened by recession and record unemployment. The right has already promised the land of sacrifices to redress public finance. Nearly 36 million Spaniards to the polls Sunday, November 20 to elect 350 deputies and 208 senators. The People's Party led by Mariano Rajoy (poster at right) would deal a severe defeat for the Socialist Party of Alfredo Perez Rubalcaba (poster on left)

Nearly 36 million Spaniards to the polls Sunday to elect 350 deputies and 208 senators. These early parliamentary elections – the election was expected to take place in March 2012 – were called in July by Prime Minister Jose Luis Rodriguez Zapatero on the bottom of the debt crisis in the eurozone.The outcome is clear: the Popular Party (PP) would deal a severe defeat at the Socialist Workers Party (PSOE), in power since 2004. According to recent polls, the PP would win an overwhelming majority (between 190 and 198 seats out of 350). Its leader, Mariano Rajoy, 56, prepares to assume the costume of the Prime Minister.

The PSOE, led by Alfredo Perez Rubalcaba – Zapatero withdrew to represent – is credited with less than 30% of the vote, 115 to 120 seats. The Socialists are paying the price of painful austerity.

- November 18, 2011

The rating agency said it raised its rating of Brazil by providing a rating of BBB-from now on. Problem: the note of Brazil it was already before the announcement of Standard & Poor's … The rating agency Standard

After the "true-false" degradation of France, Standard and Poor's has released a new blunder, this time on the note of Brazil. The agency said in a statement that as Brazil saw its rating rise by one notch to BBB-reaching. But she was quickly forced to change the title. And for good reason: the note was Brazil's BBB-by S & P as well as intervening!

That said, the agency has not completely wrong. It has revised upwards the note of Brazil which is now credited with a BBB by the agency. She also announced clearly in the text it submitted to some subscribers. The title was therefore a typo.But the mistake the previous recall very recent in France. Standard and Poor's came under fire of criticism last week when she accidentally announced the loss of triple-A of France. Because in these times of extreme market volatility, the S & P errors can have serious consequences for the States …

- November 16, 2011

Bayer said Wednesday that its turnover in Asia is expected to increase 60% by 2015, thanks to sales of its treatments against cancer and cardiovascular disease as well as its industrial plastics.

The first German pharmaceutical company, which launched the production of Aspirin in Shanghai in 1936, said targeting a turnover of over EUR 11 billion in Asia, including six billion in China.

- November 15, 2011

Bank stocks weigh on the trend of European stock markets Tuesday morning, as yesterday affected by concerns over tensions on the rates of sovereign debt in the eurozone.

At 10:50, the index of European banks lost 2.48%, biggest drop sector in Europe, with a drop of 4.73% for BNP Paribas, the largest decline CAC 40 in Paris, against 2.49% for Credit Agricole and Societe Generale to 3.41%.

Meanwhile, yield spreads between bonds French, Belgian, Dutch and Austrian one hand and the Bund on the other have reached unprecedented levels since the inception of the euro.

"It's pure continuation of yesterday.

- November 13, 2011

UniCredit is expected to announce a capital increase of up to 7.5 billion euros and thousands of job cuts, said sources familiar with the matter Sunday.

The Strategy Committee, with the main leaders of Italy's largest bank by assets, gathered Sunday to discuss these measures before the final decision to be taken by the board Monday on the occasion of the publication of results the third quarter.

A consensus of analysts distributed by UniCredit gives a net profit of six million euros against 334 million a year earlier.

European shares rise after the Italian Senate vote - November 11, 2011

European shares are increasing their gains early Friday afternoon, the Italian Senate approved the legislation with financial stability, a set of austerity measures demanded by the European Union should help the country cope with the crisis of debt.

At 1:25 p.m., the CAC 40 index, ahead of 0.92% to 3,093.14 points, against a gain of 0.44% just before 13h.

Grants itself the Milan Stock Exchange 1.5%, that of London 0.66%, while Frankfurt's place ahead 1.3%. The pan-European Euro Stoxx 50 index was up 1.21%.

Illustrating the attenuation of investor concerns about the financial position of Italy, the performance of Italian government bonds to 10 years dropped below the 7% to 6.64%, and spread with the German Bund with the same maturity fell to 485 basis points.

- November 8, 2011

Germany produce probably less crude steel than expected this year due economic repercussions crisis European debt.

"The steel industry became morose recent weeks due to crisis eurozone" said Tuesday Federation president German steel Hans Jürgen Kerkhoff.

"Production crude steel will a priori 2011 below Level planned 45.5 million tonnes but exceed volume previous year 43.8 million tons" he added.

He confirmed predict next year up 1.5% demand products rolled steel but expressed unable give forecast steel production brut.

- November 4, 2011

The business service firms in the euro zone shrank even more clearly than expected in October, the debt crisis has sealed new business, increasing the risk of another recession, the monthly surveys show Friday PMI.

The debt crisis, which hurts companies in the euro area, has experienced dramatic new twists in recent days with the political crisis in Greece with the announcement of a referendum on the new European support plan, which threatens drive down the Papandreou government, or to compel the country to leave the euro area.

The deterioration of the macroeconomic situation has led Thursday the European Central Bank (ECB) announced a surprise cut of 25 basis points interest rates at its first meeting chaired by Mario Draghi.

The services PMI calculated based on monthly surveys Markit fell to 46.4 in October against 48.8 in September, its lowest level since July 2009.