China exceeded the United States!!!

We already know that china growth it’s more than 10% since 5 semesters.
The group Petrochina terrifies the market in the stock exchange of Shangaï.

the market capitalization of the giant exceeded the 1 000 billion dollar is more of twice that of the biggest world company considered up to there untouchable, the American Exxon Mobil (486 billion dollars).

On Monday 5 of November 2007, PetroChina, the first oil group of the country, made its entrance to the stock exchange of Shanghai.

After a levying of 66,8 billion yuans (8,9 billion dollars), PetroChina saw its share jumping up with 191 % in the opening, for, its first day of quotation to Shanghaï.
In the close, the title reached 43,96 yuans, in increase of 163 % with regard to its price of introduction ( 16,7 yuans), even if in Hong-Kong, where PetroChina was already quoted he abandoned 6,63 % in 18,30 dollars of Hong-Kong in a bear context. That because chinisse people can’t buy shares of Hong-Kong. So in the actual context of the Bubble of speculation.

Oil and china the couple of the 2007!

In fact the shanghai stock market increase more than 400% since 2005. Doped by the introductions of big public Chinese groups.

China government wants to keep the stock market controllable! does it’s possible?


Geoffrey THIRIEZ geoffrey.thriez@espeme.com

Bloomberg

It’s a special article today; I will try to explain what Bloomberg is because I visited Bloomberg last Friday with my class:

What is Bloomberg?

Bloomberg is a financial media where people without specialized training could hit a key and get answers to financial questions.
Bloomberg is composed by:
Bloomberg.com, Bloomberg TV: 10 tv channels in 6 languages
Bloomberg magazine and Bloomberg terminal.

Created in 1981 by Michael Bloomberg they are present in 147 countries, 127 different offices all over the world

Why Bloomberg is the leader?

the answer is very simple because they are quick the quickest of the market. And in financial market to have information 5 minutes before or after could have a big impact.

Times is Money!!

And Bloomberg is more: Is a “private” net work 5 000 000 Email “Bloomberg” send per days!


Description of the building of London when you see the building outside it very big and beautiful but very old architecture. And when you enter in it really a missing incredible so modern very clear all is perfect in the first stage you have a kitchen with some drinks foods and all is free! To encourage interaction!
at all stage they are lot of glace its very clear its to show the image of transparencies.
All office is designed to create a good working environment like the tropical fish tank!

Geoffrey THIRIEZ geoffrey.thiriez@espeme.com

20 years befor!!! 19 octobre 1987

Monday the 19th October 1987

Further to the strong decline of the European and Asian values, the American investors envisage the worst the element release mechanism of the panic to Wall Sreet remains unquestionably the publication of the figures of the American trade gap, even if, during the first minutes of the session, the decline is still limited. One hour after the opening, the indication loses already 100 points.

But the worst is to come: the indication is going to decrease. Switchboards explode, and the computing capacities of this period are fast saturated. In the space of one day, the Dow Jones lose 22.6 %, it’s the worst day since its creation.

Even the crash of 1929 is of lesser amplitude. At the height of the crisis, it had moved back of 12.8 %. It was on Monday, October 28th, 1929. look at the first artical of the blog for information about 19129 carsh...

The next day, Tokyo falls in his turn, closing down of 15 %. Paris market also opens on a decline of 10 %, and in London the decline reaches 12 %. But the decision of the president of the stock exchange to close this last one is paradoxically going to provoke a resumption on the market: the Dow Jones index will indeed end in increase of 6 %. More than 600 million shares were exchanged in two days on October 19th and 20th, that is the triple of the volume of a normal September moth.

The causes of the crash

At the origin of the Crash, two phenomena: the strong fluctuations in the dollar and the appearance of the first systems of electronic quotations!

The dollar first of all. One of the main preoccupations at this time in the US was unquestionably the inflation. But the depreciation of the dollar had had beneficial effects for the American economy, by an increase of the exports. But the inflation and the devaluation continue, In fact pushed the speakers to anticipate a rise of the rates of Fed.

But another phenomenon is technological had played in favour of the appearance of the crash. The famous “computer trading”, these deals made automatically by computer. The accumulation of the orders stop had particularly played in the fall of markets.

Geoffrey THIRIEZ geoffrey.thiriez@espeme.com

Good initiative from Les echos!!!

80 deputy of all the political view, on Sunday, October 7th, the day journalists for a special edition of the economic daily paper Les Echos. Every deputy worked in binomial with a journalist of the editorial staff and the subjects were affected some days before, rather " in against us”, according to the managing editor, Erik Izraelewicz, to give some salt to the exercise.

Lot of very famous politician like François Hollande the president of the socialist parties, Patrick Devedjian one of the famous figure of the Nicolas Sarkozy parties, Noël Mamère or Arnaud Montebourg.

The aims of this special days!

It is an occasion to make know our jobs and its constraints to persons who often judge it too easily. Moreover, every year and this time still, the first thing which they say to us at the end of the day it is that henceforth they understand that we have constraints of time that we are sometimes obliged to cut their declarations because we have to make a paper of 50 lines and one furthermore.

Personally I think it’s a very good initiative to be move closer and better understand these two world very different political and journalism!

Geoffrey THIRIEZ geoffrey.thiriez@espeme.com

The impact of rugby world cup in French economy!!!

According to lot of analyst the rugby world cup in France will have no impact in the growth.

However this event will have direct consequences on certain sectors of the economy, notably transport, hotel business and restoration ", explains the economist. A study of Essec (a French Business school) calculates to 1,5 billion euro the spending of 350.000 tourists come specially in France to attend this World cup.

On the other hand, the consequences on the public baptiment and works will be limited, the World cup having given place to works of renovation but no construction...

Impact in Household consumption will be limited also because since football world cup French are already massively renewed their equipments. And the growth increase more than 28%.

The psychological effect stays. While the confidence of the households and the manufacturers stands up since January, a final victory of Fifteen French could give the envy to the households to consume more and to the entrepreneurs to invest, to engage and to innovate. A reason furthermore to support the French team.

Geoffrey THIRIEZ geoffrey.thiriez@espeme.com

A lapse terminates the state of grace of Brown

VICTORIOUS of the terrorist attacks, floods, the foot-and-mouth disease and financial turbulences, will Gordon Brown be overcome by a political lapse?
Gordon Brown announces on Saturday the 6th of October that he decided to not anticipate the election.
Because for us he want election base in political project and no in performance!

By choosing not to summon legislative anticipated, Prime Minister weakens his authority. And gives a boost to the conservatives.

But according to French news paper “Le Monde and Le Figaro” this news papers note that the last survey is no favourable to the prime minister

Le Figaro said that the British news papers are very rude with the new Prime minister whereas it just this first mistakes. For example the titles of the sun “He’s in Brown stuff”…


Gordon Brown managed to unify the conservative Party with more success than whoever since Margaret Thatcher ". Sunday Telegraph

David Cameron announces last week is programme for the election during his meeting in Blackpool. A measure took the membership of the British up to here acquired to the Labours, to the point to invert the tendency: the increase of the threshold of the inheritance tax.

Occupied for months with refocusing his party, David Cameron assured nevertheless that the fiscal declines were not one of its priorities. It is not the slightest paradoxes.

The French financial media

The news paper traditional with a financial section

Le Figaro: is a daily paper created in 1826 it’s a liberal news paper
The distribution is 337 110 copies per days


Le Monde: created in 1944
Its moderate socialist news paper
The distribution is 353 000 copies per days


The financial news paper

La tribune: daily financial news paper created in 1985.
The daily paper speaks about the economy: the national, regional and international, and approaches the industrial sectors, services, high technologies, media and management.
Twenty pages is dedicated to financial markets establish both key points of the newspaper.
The distribution is 78 363 copies per days.

les echos : created in 1908

The paper version of les Echos contains stock market prices and stock-exchange analyses, financial information, review of the French and international economic information.

The distribution is 140 000 copies per days.

Since the September 12th, 2007, Les Echos suggests its version e-paper: This offer constitutes a world premiere.
a video to explain how use the e-paper version of les echos click her

Television

BFM TV: created in 2005 it’s a free channel an the TNT
BFM TV seems to be the non-specialized nonstop current events, under all its angles and at every hour. Some thematic emissions, politics, economy, debate are proposed besides its main constituent of non-stop information: newspapers and publishing "everything - in images ".