Tag: student-loans

Eurozone Downturn Accelerates Despite German Growth; Divergence to France Widest in 15 Years
March 6, 2013 0

Eurozone Downturn Accelerates Despite German Growth; Divergence to France Widest in 15 Years

By News Desk

The Markit Eurozone Composite PMI Final Data shows the Eurozone downturn accelerates . Key Points: Final Eurozone Composite Output Index: 47.9 (Flash 47.3, January 48.6) Final Eurozone Services Business Activity Index: 47.9 (Flash 47.3, January 48.6) At 47.9 in February, the Markit Eurozone PMI® Composite Output Index came in above the earlier flash estimate of 47.3 but remained down on January’s reading of 48.6. The index therefore signalled a steepening of the downturn in business activity, contrasting with the easing trend which had been evident in the three months to January

The Fatter the Cat, the Louder the Howl
March 4, 2013 0

The Fatter the Cat, the Louder the Howl

By News Desk

Bloomberg reports Swiss Voters Approve Limits on ‘Fat Cat’ Executive Pay Swiss voters approved some of the world’s toughest limits on executives’ pay in a referendum, a move critics say could make Switzerland less attractive to multinational corporations. The initiative against “fat cats,” proposed by Thomas Minder, head of a herbal toothpaste company, was backed by 67.9 percent of the voters today, the government said on its website today. The proposal gives shareholders an annual ballot on managers’ pay

France Unemployment Highest Since 1997
February 27, 2013 0

France Unemployment Highest Since 1997

By News Desk

France Unemployment Highest Since 1997 In the easy to see coming category (thanks to the socialist policies of French president Francois Hollande) French unemployment level hits 15-year high . Unemployment numbers in France rose by 43,000 in January to 3.16 million, an increase of 10.7 percent from last year, the labour ministry revealed on Tuesday. The figure is at its highest since January 1997, when it reached 3.19 million.   Rising unemployment is a setback for Socialist President Francois Hollande, who has pledged to curb the unemployment rate from the current level of more than 10 percent to a single-digit figure by December.

Youth Vote Propels Five Star Movement Into First Place as Largest Political Party in Italy
February 26, 2013 0

Youth Vote Propels Five Star Movement Into First Place as Largest Political Party in Italy

By News Desk

PIER LUIGI BERSANI – PARTITO DEMOCRATICO – 8,399,991 Votes – 27.43% GIUSEPPE PIERO GRILLO – MOVIMENTO 5 STELLE – 7,285,648 – 23.79% SILVIO BERLUSCONI – IL POPOLO DELLA LIBERTA’ – 6,829,135 Votes – 22.30% MARIO MONTI – SCELTA CIVICA CON MONTI PER L’ITALIA – 2,797,451 Votes – 9.13% The center-left received a higher percentage of votes than the center-right by a 31.63% to 30.72% margin. However, Senate seats are assigned based on regional totals and the result will be something like a 119 to 117 spit with the Five Star Movement picking up 54 Seats. A majority takes 158 so no coalition is likely