InfoAnda - French protest as Europe implements austerity

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Rice says Iraqi vote won't necessarily stall pact | 26 November 2008
Inspector General Says Justice Department Has No Response Plan For WMD Attack | 2 June 2010
GameStop cuts profit view; holiday sales stagnate | 8 January 2010

Baz Luhrmann wields judges' paddle on `Dancing' | 29 September 2009

Forum Views () Forum Replies ()

Read more with google mobile : French protest as Europe implements austerity

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Photos Sitemap French protest as Europe implements austerity AFP - Friday, May 28 Send IM Story Print PARIS (AFP) - – European governments on Thursday pressed ahead with radical cost-cutting plans in a bid to tackle a debt crisis, as financial markets rallied and thousands protested in France against pension reforms. The Spanish parliament passed by just one vote an unpopular raft of austerity measures to contain overspending, including a reduction in pay for civil servants, a freeze on most pensions in 2011 and a cut in child benefits. It was feared that a government defeat could have forced new elections and added to jitters among investors over the poor state of public finances in Spain, which just scraped out of a long recession in the first quarter. Meanwhile in France, tens of thousands of people turned up for rallies across the country called by trade unions in protest against the government's plans to raise the official retirement age from 60 in a bid to cut debt. And during a visit to Germany on Thursday, US Treasury Secretary Timothy Geithner said Europe should follow China's lead and boost economic growth since US consumers can no longer support the global economy alone as in the past. "If the world is going to grow at its potential then we are going to have a more balanced pattern of growth globally," Geithner said, following talks with his German counterpart Wolfgang Schaeuble in Europe's biggest economy. Referring to the current debt crisis, he added: "We all understand and we all agree that part of global recovery... is to commit to clear objectives for reducing our fiscal positions to sustainable levels over the medium term. "We are going to get there at somewhat different paces, the magnitude of adjustment will differ, as we all come to this from different positions, with different underlying growth rates, different overall debt burdens," he added. Alongside Greece, Portugal and Spain -- all of whom have seen their borrowing costs rise sharply in recent months as investors fret over their solvency -- other EU members like Italy and Britain are slashing spending. Germany and France are preparing to follow suit. Plans announced by the French government to raise the official retirement age to 60 brought tens of thousands of people into the streets of Paris on Thursday. On average French men retire even earlier at 58.7 years and women at 59.5 -- lower than in other developed nations -- and as France has one of the world's longest life expectancies, workers can spend a quarter century in retirement. Europe's deficit-cutting drive had a visible effect on financial markets on Thursday, with London's FTSE-100 index jumping up 3.12 percent, the Frankfurt Dax rocketing 3.11 percent and the Paris CAC rising 3.42 percent. Market sentiment was also helped by optimistic US and a positive outlook for the world economy from the OECD, as well as China's sharp rebuttal to a report that it might reduce its holdings of eurozone government debt. But high deficits and debt in some of the weaker EU economies remained centre stage on the world economic map, with Padhraic Garvey, a debt analyst at Dutch bank ING, warning: "We remain in a very difficult set of circumstances." Also causing some concern was new data from the United States showing the US economy -- the world's largest -- grew slightly less than initially estimated in the first three months of the year at 3.0 percent from the previous quarter. The earlier estimated had put growth at 3.2 percent. The downward revision surprised most analysts, who predicted gross domestic product -- a broad measure of the country's goods and services output -- had expanded 3.3 percent. "This is a fairly tepid recovery that is fighting a lot of headwinds," said Joel Naroff of Naroff Economic Advisors. "It will be hard to grow rapidly when the economy has to overcome limited credit availability, a modest recovery in housing, high unemployment rates and as a consequence depressed consumer confidence ... and uncertainty in Europe." Recommend Send IM Story Print News Search Top Stories Shell buys US group East Resources for 4.7 bln dlrs Obama and family back in Chicago for holiday weekend Spain passes austerity plan by one vote US economy weaker than estimated in first quarter French protest as Europe implements austerity More Top Stories » Most Popular Most Viewed Most Recommended Anti-HIV drugs slash risk of virus transmission by 92 percent Oil stops gushing from Gulf of Mexico well French protest as Europe implements austerity Obama to extend ban on offshore oil drilling US recovery on track despite European debt concerns More Most Viewed » Scientists stunned as grey whale sighted off Israel Hubble catches planet being devoured by its star UN fears 'irreversible' damage to natural environment Earth may be too hot for humans by 2300: study Ocean fish could disappear in 40 years: UN More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Friday, 28 May 2010
Free iPhone application to report oil from Gulf spill
Netanyahu in Paris fetes Israel's OECD entry
Spain approves austerity plan by one vote
Rights group accuses Vietnam of stifling online dissent
Toll from crackdown on Jamaica slum climbs to 73 |
Afghans: Pakistani Taliban commander rumored dead
US first-quarter economic growth weaker than expected
Oil stops gushing from Gulf of Mexico well
Russia says Iran was deaf to its nuclear proposals |
Mass protests against higher French pension age |
Berlusconi quotes Mussolini, laments lack of power |
ICC members meet to expand war crimes court powers |
Major earthquake hits South Pacific: USGS
Trott turns screw on Bangladesh
US terror convict freed in Peru after 15 years
Stock rally continues, China dampens euro pullout fears
Malaysia's Sime Darby suffers first ever loss in Q3
India's Tata Motors swings into profit for year
Air India gets tough on unions after strike
German agency not satisfied with Facebook changes |
Twilight, Harry Potter big winners at UK movie awards
AT&T: 40 percent of iPhone sales are to business users |
Iran film ban latest chapter in running Cannes-Tehran row
Fashion aide succeeds late British designer McQueen
World Cup fever sweeps Lebanon
Visitors return to Zimbabwe's ancient city
French singers hold solidarity concert in Georgia
Off with its head: why Alice wig tale was chopped
Montreal cabaret under threat as offices move in
Australian 'old fart' aims to break solo sailing record
Cyprus tourism revenue dips 17 percent in April
Austrian abortion museum wins European prize
Sarah Ferguson to appear on Oprah |
Page Not Found |
Faces, without Rod Stewart, have big tour hopes |
Pacificor hires agency to sell Terminator rights |
Gaza aid fleet undeterred as Israel steps up warnings
Spain passes austerity plan by one vote
Nuclear treaty talks on brink of failure: diplomats |
AP tally: US military reaches 1,000 Afghan deaths
Google completes AdMob purchase
China PM faces Korean standoff over warship sinking |
3 indicted in $100 million Internet 'scareware' scheme
Maoists suspected of sabotaging India train, 65 dead |
US judge wants copies of Google-captured Wi-Fi data
Hon Hai to raise China wages after spate of suicides |
ABC To Host Miley Cyrus Concert Special
Obama and family back in Chicago for holiday weekend
Emma Roberts Joins Cast Of "Scream 4"
Spanish austerity vote helps reverse euro decline |
U.S. Markets Jump On China's European Comments
Thinskinned NJ Mayor Gets City Council To Pass Law Shutting Down Critical Website
Obama Suspends Offshore Drilling Permits Amid Outrage Over Gulf Oil Spill
Costco Q3 Profit Jumps On Strong Sales, Foreign Demand
US economy weaker than estimated in first quarter
Early Reports Signal 'Top Kill' Appears To be Working
Disney To Launch Network For Preschoolers, Dropping SOAPnet
French protest as Europe implements austerity
First Quarter GDP Growth Revised Lower, Misses Estimates
Air Force Tests Hypersonic Experimental X-51 Jet To Favorable Reviews
UN rift widens over Brazil-Turkey deal with Iran
Japanese whaler wants 'severe punishment' for NZ activist
Suspected Indian Maoists sabotage train, 65 killed
Taiwan labour activists protest against Foxconn parent
Japan and US resolve Okinawa base row
Australia sues Japan over whaling
S.Korea to press China's Wen on warship sinking
Buyers flock as Apple's iPad hits Asia |
New gadgets set stage at Taiwan tech show, but clouds loom |
Nokia and Opera support Adobe's Flash in Apple spat |
Opera says 2.6 million browser downloads on iPhone |
Hon Hai to raise China wages after spate of suicides |
iPad-mania as thousands queue for global roll-out
Former All Black stands by racial quota claims
Hon Hai to raise China wages after spate of suicides |
eBay enlists China and US post services to battle Taobao
'Suspected Maoists' trigger Indian train derailment: media
Japan unemployment rises as prices slide
Major earthquake, aftershocks hit South Pacific
Japan's April core consumer prices down 1.5% on-year
Date Krumm rues rise of women's tennis big-hitters
Japan automakers see higher sales, output in April
Japan jobless rate up, while prices fall in April
Ben Kingsley stars in Hollywood Walk of Fame
Universal Studios re-opens fire-damaged backlot
Actor Gary Coleman critical in Utah hospital |
Ben Kingsley stars in Hollywood Walk of Fame
R&B star Alicia Keys pregnant: reports |
'Sex and the City 2' stars brave bad press for British premiere
The real Emmys fun happens at low-profile event |
Hulk Hogan trying to bodyslam Hulk cereal ad |
Arcade Fire to issue album in August |
James McAvoy playing Professor X in X-Men film |
Daytime Emmys honoring Dick Clark |
Lebanese leaders delay defence strategy talks
Fergie to appear on Oprah show after scandal
iPad-mania as thousands queue for global roll-out
Gunmen kill at least 70 in Pakistan mosque attacks |
AP tally: 1,000th US military death in Afghan war
AP tally: 1,000th US military death in Afghanistan
AP tally: US military reaches 1,000 Afghan deaths
Spanish reform talks struggle |
Usher Remains At #1 For Another Week On The Billboard Hot 100 Chart With "OMG"
BP pushes on with 'top kill', true slick size emerges
Tina Fey To Receive Mark Twain Comedy Prize
Shell buys US gas group East Resources for $4.7 bln
"Glee" Earns Second #1 Album On Billboard With "Showstoppers"
Sorely missed: Foreign tourists shy away from Yemen |
iPad-mania as thousands queue for global roll-out
Serbia snaring border migrants to bolster bid for EU |
Shakira, Pitbull, R. Kelly Headline 2010 Official FIFA World Cup Album
Usher Returns To #1 On Billboard Hot 100 With "OMG"
Justin Bieber Returns To #1 Spot On Billboard Albums Chart With "My World 2.0"
"Kids Bowl Free" Fights Summer Boredom
Eminem Tops Billboard Hot 100 Chart With "Not Afraid"
Godsmack Earns Third #1 Album On Billboard With "The Oracle"
Final Surviving Member Of Famed Ziegfeld Follies Dies
Freed hostages in Yemen were the lucky ones |
German president defends military action |
At least 56 killed in attacks on Pakistani mosques
Palin makes good on fence threat
Around 80 dead as gunmen attack Pakistan mosques
South Sudanese caught in hunger crisis |
Japan, US resolve base row but coalition splinters
Minimum and maximum global temperatures in Celsius
Gunmen attack mosques in Pakistan's Lahore
Nepal on the brink of political turmoil
Gunmen take hostages at Pakistan mosque, casualties
iPad-mania as thousands queue for global roll-out
House, Senate Panel Vote To Repeal "Don't Ask, Don't Tell"
Diane Keaton, Ellen Page Starring In HBO Pilot
Massive Underwater Oil Plume From BP Spill Discovered
FDA Says Diet Drug Can Cause Liver Damage
Summer At Long Beach Begins With Swimmer's Death
Tanning Beds Up Melanoma Risk
ABC Reportedly Considering "Alias" Reboot
Nokia top model N900 sales below 100,000: Gartner |
Nokia, Sony join chorus of concern over China factory
"20/20" Special To Profile Real-World Superhumans
Taiwan's Foxconn to raise workers' pay
Ex-Pink Floyd frontman takes The Wall back on road
German firm to film tale of kidnap victim Kampusch |
Iceland Volcano’s Ash Cloud Electrified, Says U.K. Scientists
Thinskinned NJ Mayor Gets City Council To Pass Law Shutting Down Critical Website
4-Foot-11 Woman Beats Up Carjacker
Indonesian Toddler Addicted To Cigarettes, Smokes 2 Packs Per Day
Army Vet, 80, Shoots And Kills Armed Burglar
Strip Club Offers Grads Alternative To Economy
Miami Mom Leaves 2-Year-Old On Bus
4 Injured As Teen Driver Crashes While Holding Breath
Elderly Couple Saved After Weeks Trapped In Debris At Home
Alternative-Living Camp Struck Down In Indiana
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01