06 septembre 2007

The merger of "Gaz de France" and "Suez" ignites competition on the French market for energy

After months of difficult negotiations, which took place under the blessing of the Elysee, Gaz de France (GDF), which mostly belongs to the French state, and the private group of energy "Suez" announced last Monday their agreement on their merger into an entity that will be the largest gas supplier and second largest producer of electricity in France. But the birth of that entity, which will be named "GDF SUEZ", ignites competition in the energy market, which began to be liberalized, especially in the field of... [Lire la suite]
Posté par Simply Human à 19:41 - - Commentaires [0] - Permalien [#]

01 septembre 2007

Rising prices of raw materials: African economies threatened

Although Africa is the main source of most raw materials in the world, African economies are threatened by the high prices of these materials which have become a burden on consumers in the black continent characterized by rising rates of poverty. After several months of calm, the price increase became once again one of the major concerns of the citizens of several African countries. Economists believe that rising of raw materials' prices, including oil, influences on the main food such as cereals. Rising raw materials prices... [Lire la suite]
Posté par Simply Human à 19:13 - - Commentaires [0] - Permalien [#]
05 août 2007

Rising oil prices widens the gap between rich and poor countries

Since the American invasion of Iraq in March 2003, the world saw a constantly and unprecedented oil prices which climbed last Wednesday, for the first time in history, at 78,77 dollars a barrel. This high price affects the global economy and the direction of wealth. If the high prices of oil does not destabilize the economy of industrialized countries and allows producing countries to make huge gains, it represents a huge pressure on the economy in developing countries which import energy. In this context, Francis Perrin,... [Lire la suite]
Posté par Simply Human à 15:52 - - Commentaires [0] - Permalien [#]
09 avril 2007

After the Doha Forum, the grouping of countries exporting gas will it see the day?

Discussions of the sixth Ministerial Forum of Gas Exporting Countries, which began today in Doha emphasized shared opinions about the idea of creating a grouping of gas exporters similar to the organization of Petroleum Exporting Countries "OPEC". However, participants in the forum stated, during the opening session, the need to strengthen efforts and coordination between their countries. The Qatari Prime Minister, Sheikh Hamad bin Jassem bin Jabr Al Thani, confirmed in his opening speech the importance of continuing... [Lire la suite]
Posté par Simply Human à 04:47 - - Commentaires [0] - Permalien [#]
19 mars 2007

An OPEC for gas : An idea that could emerge in the next Doha Forum

It seems that the idea of creating a gathering for naturel gas producing countries, following the example of the Organization of Petroleum Exporting Countries (OPEC), is taking shape while the states which excluded the idea, such as Russia and Algeria, have expressed willingness to study it few days before the Forum of Gas Exporting Countries to be held on April 12th in Doha. Several media have anticipated today that Algeria, Russia, Qatar, Iran and Venezuela, which are the major gas producing countries will announce the... [Lire la suite]
Posté par Simply Human à 19:20 - - Commentaires [0] - Permalien [#]
12 mars 2007

U.S. economists : the French economy is strong but it suffers from several negative phenomena

A month before the first round of presidential elections in France, where the economic situation plays an important role in the battle between the candidates, american nobel laureate economists, have criticized the performance of the French economy. They that the French economy suffers from several negative phenomena: The lack of flexibility on the labour market, rising average wages and excessive taxes imposed on businesses. These experts also see that the french are least willing to work among the peoples of Europe. In this... [Lire la suite]
Posté par Simply Human à 12:56 - - Commentaires [0] - Permalien [#]
28 juin 1999

Africa floats on a sea of oil and gas

The oil business is no shortage of rapid change. A few years ago, we never stopped talking about the Caspian Sea, which contains significant oil reserves, as a replacement for the Gulf Arab oil rich fields.However, the global oil industry has recently begun to refer to Africa and its oil reserves that far exceed those of the Caspian Sea. The geological and technological development and progress of offshore drilling to a depth of more than 400 meters below the water surface have revealed many surprises.The figures show that Africa... [Lire la suite]
Posté par Simply Human à 23:10 - - Commentaires [0] - Permalien [#]
07 juin 1999

Obasanjo faces serious challenges in Nigeria

On his arrival in power in Nigeria, Olusegun Obasanjo, received in his hands a country in a devastating situation: huge debts, high rates of poverty, ethnic conflicts and grave economic situation in his country, which was ranked, in the 70s, among the thirty richest countries of the world, and today one of the poorest countries. It’s enough to know what was announced by the Conference of the fight against poverty, which took place last January in the Nigerian capital Abuja: 60% of the population lives below the poverty line, while... [Lire la suite]
Posté par Simply Human à 05:37 - - Commentaires [0] - Permalien [#]
26 avril 1999

Renault-Nissan Alliance: crazy gamble to create the fourth largest automaker in the world

Although a month has elapsed since the announcement of the alliance between French automaker "Renault" and his Japanese counterpart "Nissan", the agreement is still in the center of talks in the industrial and economic world. The Alliance has not made so clear. The circumstances of its conclusion were vague and the positive or negative effects of such an agreement are not yet calculated. The operation is described as "crazy gamble" by officials from Renault themselves. Renault began its alliance plan... [Lire la suite]
Posté par Simply Human à 20:55 - - Commentaires [0] - Permalien [#]