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AIX-EN-PROVENCE, France (Reuters) - France's central bank head Francois Villeroy de Galhau pushed back on Sunday against a suggestion from some French economists to raise the European Central Bank's (ECB) 2% inflation target.
As U.S. hegemony fades, the dollar has become the worst currency in the world — expect, of course, for all the others.
Paris, 4 April 2023 – Subject to a favourable vote at the Annual General Meeting to be held on 15 May, two new members will join the Ipsos Board of Directors: Ms Àngels Martín... | April 4, 2023
A measure to raise the retirement age to 64 from 62 is expected to expose more people to age discrimination: “Companies in France won’t hire them.”
In autumn 2008 big banks in the world’s richest countries went bust. Governments bailed them out or nationalised them. The sharp end of the crisis was swivelled to point at governments, and their ability to manage debt, rather than at the banks. The governments have managed the sequel by giving priority to getting banks profitable and independent again, and making the working class pay. That is the story behind the “bail-outs” of Greece, Ireland, and Portugal, and Greece’s second “bail-out”, currently being negotiated.