Prime Minister Jean-Marc Ayrault declared that today’s French budget will put France back on its feet. Here’s the key quotes:
This is a fighting budget to get the country back on the rails.
It is a budget which aims to bring back confidence and to break this spiral of debt that gets bigger and bigger.
Ayrault also described the target of 0.8% GDP growth next year as “realistic and ambitious”.
Today’s French budget contains [...]
When the construction of China’s Three Gorges Dam was completed in 2006, most Chinese citizens must have hoped it was worth it the huge cost: 1.4 million people had to be relocated from towns, cities, and villages to make way for the enormous structure, which would supplement a hungry China’s growing energy needs.
But their prayers have not been answered.
Six years later, the government says a further 100,000 people may be [...]
So what happens next with stocks as they continue to trade near four-year highs?
“In each of the past two years the stock market began a slide in the spring, a phenomenon often referred to by the old adage ‘sell in May and go away,’ which lasted well into the summer months,” wrote LPL Financial’s Jeff Kleintop in his latest weekly market commentary.
The pattern is almost eerily similar.
“In both 2010 and 2011 an [...]
Rising gas prices are always a bad thing for an incumbent president, especially one heading into a tough re-election battle.
But President Obama admitted in a speech in Miami last week that there’s not all that much he can do to blunt the impact of prices, which some analysts think could be heading toward $5 per gallon nationwide this summer.
“The amount of oil that we drill at home [...]
WASHINGTON (AP) — An Israeli pre-emptive attack on Iran’s nuclear sites could draw the U.S. into a new Mideast conflict, a prospect dreaded by a war-weary Pentagon wary of new entanglements.
That could mean pressing into service the top tier of American firepower — warplanes, warships, special operations forces and possibly airborne infantry — with unpredictable outcomes in one of the world’s most volatile regions.
“Israel can commence a war with Iran, [...]