Latest Finance news and the economy of France
UNITED KINGDOM: The British would have given in on very important points relating to fishing in Brexit negotiations The British have made “huge concessions” in the Brexit negotiations, a French government source said on Wednesday. The negotiators of the United Kingdom have agreed to give in on very important points relating to fishing, said this source, that is to say the […]
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RESTRUCTURING: According to the CGT, the management of the group has promised to reclassify the 240 employees concerned After the takeover, time for restructuring. The German distribution group Aldi has announced the closure of 31 stores under its Leader Price banner and has promised to reclassify their 240 employees, we learned from CGT Commerce on Tuesday . The management for its part indicated that […]
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TRADE: While negotiations on the post-Brexit deal still drag, the two leaders must also discuss British isolation due to coronavirus New attempt to find a way out of Brexit. As the fateful date of December 31st draws closer, British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen spoke to each other again on Monday evening as negotiations still […]
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VIRTUAL CURRENCY: The most famous cryptocurrency, Bitcoin broke its record this Wednesday Bitcoin, the first cryptocurrency decentralized, exceeded the $ 20,000 threshold for the first time in its history Wednesday, taking advantage of an appetite for risk markets that has almost tripled its value in a year. At around 3:20 p.m. PST, bitcoin cost $ 20,612.40 and saw its value […]
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INTERVIEW: Matthieu Robin, bank-insurance project manager at UFC-Que Choisir, sounds the alarm on the risks of over-indebtedness The consumer association UFC-Que Choisir launches an alert on “the irresponsible distribution of consumer credit”, faced with an expected increase in 2021 in defaults on consumer credit. It also points to the role of “push-to-crime” advertisements from credit institutions, […]
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VIRTUAL CURRENCY: The objective of this name change is to mark a little more distance between Diem – formerly Libra – and Facebook, its initiator The development of its cryptocurrency has not been a long quiet river for Facebook. The project has indeed been strongly criticized by many regulators. The latter feared that Facebook’s cryptocurrency could be a threat to the […]
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Beverage wholesalers in Hauts-de-France have lost “at least 90% of their customers” with the closure of restaurants and bars Beverage distributors are hit hard by the economic crisis linked to the Covid-19 pandemic with the closure of bars and restaurants. As beverage distributors are still working a little by delivering certain customers such as communities, […]
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RESTRUCTURING: The Société Générale bank group assures this Monday that there will be no forced departures With the economic crisis resulting from the coronavirus pandemic, the French banking landscape is restructuring. The banking group Société Générale formalised on Monday the plan to merge its two retail networks in France Societe Generale and Crédit du Nord. This project will involve the closure of […]
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CRYPTOCURRENCY: This initiative by the French central bank, for a “digital euro”, is a first in the eurozone An “e-euro” to counter Facebook’s Libra. This is the ambition of the Banque de France, which will launch experiments next year to develop a “central bank digital currency” (MDBC). It will be dedicated to “wholesale” transactions, that is to say very […]
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ECONOMY: This virtual Facebook currency will not look like it originally intended Announced in June 2019, the cryptocurrency imagined by Facebook would finally be ready to be launched, assures the Financial Times. Libra could indeed make its appearance in January 2021, after having faced many obstacles. Unexpected events that had a direct impact on the Facebook project. In the end, the Libra will not quite […]
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