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French President Nicolas Sarkozy's desire to help the auto industry in France is raising the hackles of his European neighbors, who think his moves are protectionist. Renault SA and Peugeot Citroen will split €6 billion ($7.7 billion) in loans, though Renault chief Carlos Ghosn says that number may have to...
Posted on February 10, 2009 3:40 PM
The G-20 summit on the global financial crisis, slated for Washington Nov. 15-16, is fast approaching. Though calls (mainly from Europe) for a new Bretton Woods are overambitious, there's plenty to talk about. French President Nicolas Sarkozy, British Prime Minister Gordon Brown and other EU leaders will meet on Friday...
Posted on November 6, 2008 11:52 AM
Questions abound regarding the meeting of G-20 heads of state on the global crisis scheduled for Nov. 15 in Washington. British Prime Minister Gordon Brown and French President Nicolas Sarkozy have set lofty expectations for the meeting and follow-on work, with talk of a "new Bretton Woods." Meanwhile more technocratic...
Posted on October 30, 2008 10:40 AM
Though Alan Greenspan stopped short of "my bad!' he did tell Congress Thursday he was partially wrong about financial firms regulating their own activities in credit default swaps.Also on Thursday French President Nicolas Sarkozy, having just led the European Union's successful push for a November economic summit in the U.S.,...
Posted on October 24, 2008 8:29 AM
On Saturday French President Nicolas Sarkozy, who also holds the rotating European Union presidency, will arrive for an emergency economic summit at Camp David with President George Bush. Sarkozy (pictured) comes with a mandate from the 27 EU leaders to push for a new global financial regulatory regime, as an...
Posted on October 17, 2008 8:34 AM
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