Hard hitting global and local news
With supply arbitrage in mind, please consider Invasion of Spanish Builders Angers France Struggling to Compete . The earth movers digging out a sandy pit in the beach town of Biarritz could be any construction site in France
Via translation, please consider The French fall into a "collective depression" The situation was already not good. And it gets worse again. Pascal Perrineau, director of the Center for Political Research at Sciences Po (CEVIPOF), now talks of a "collective depression" in France
Visit link: Lawyer Advises Me "Don’t Go to France"; French Pub Fined €9,000 for Using "Undeclared Labor" after Customers Returned…
MarketWatch reports French Industrial Output Drops Unexpectedly . French industrial output dropped unexpectedly in October for the second month in a row, data from national statistics bureau Insee showed Tuesday, providing a further indication of a weak start to the final quarter of 2013 in the euro zone. Industrial production in the currency bloc’s second largest economy fell 0.3% in October from September, when it also fell 0.3%, Insee said.
Taxed to the Point of No Recovery; France Plans Tougher "Exit Tax" In a feudal as well as futile attempt to keep wealthy French citizens from leaving the country, France hikes the "Exit Tax" on transfers of wealth to outside of France. They also lower the base and increase the number of things on which the tax applies. According to a "pay-walled" article on Le Monde of which I can only read a part …
On September 2, 2011, the Wall Street Journal chimed in with A French Banking Primer The effects of a system that ‘encourages excessive financial leverage’. By its own account, Credit Agricole’s tangible common equity is just 2.1% of its assets—which means its €1.6 trillion balance sheet is leveraged nearly 49-to-1.
Excerpt from: NSA Monitored Calls of 35 World Leaders; Mistrust Mounts: Merkel and Hollande to Change Intelligence Ties With US;…
View article: Law of Career Security: France’s Minister of Digital Economy Orders Telecom Companies "to be Virtuous and Patriotic" and…
View article: Marine Le Pen’s Eurosceptic "National Front" Party Takes Lead in France National Poll