Nicolas Sarkozy

IT sector firms prepare for difficult year ahead

IT sector firms prepare for difficult year aheadThe Indian Information Technology firms are bracing themselves for a difficult year ahead due to the ongoing debt crisis in the European countries as well as policies in the US states that discourages outsourcing by firms.

Europe is the biggest market for the Indian software firms after the US. Service orders from the region are expected to be low in the coming quarters due to the prolonged debt crisis in the Euro zone countries.


Europe moves together in times of crisis

The European leaders have come together in times of Europe's worst financial crisis in generations while the UK has been pusher to a corner.

German Chancellor Angela Merkel and French President Nicolas Sarkozy succeeded in persuading all the members of the union except the UK to endorse a new agreement involving tighter fiscal rules.

Leaders of the member states of the European Union have agreed on much tougher rules government their budgets in order to control the economic crisis in the region.

Following hours is discussions among the leaders; they agreed to work towards a new "fiscal compact". The member states will now work under tougher deficit and debt regime in the eurozone amid growing threats from the debt crisis.


EU leaders agree on tougher budget rules for the eurozone

EU leaders agree on tougher budget rules for the eurozoneLeaders of the member states of the European Union have agreed on much tougher rules government their budgets in order to control the economic crisis in the region.

Following hours is discussions among the leaders; they agreed to work towards a new "fiscal compact". The member states will now work under tougher deficit and debt regime in the eurozone amid growing threats from the debt crisis.


Euro rises amid new proposals

Euro rises amid new proposalsThe Euro rose slightly against the dollar after following hints that the proposal to channel European Central Bank loans through the International Monetary Fund could bring in 200 billion euros for resolving the debt crisis in the Eurozone.

The new government in Italy has put forward to cut its deficit before a European summit to help resolve the debt crisis. The euro rose 0.1 percent to $1.3404 from $1.3391 on Dec. 2, when it had recorded a growth of 1.2 percent n the week.


Sarkozy orders ministers to find novel ways to prune the public deficit

French President Nicolas Sarkozy on Wednesday ordered his finance and budget ministers to find new ways to prune the public deficit as markets fretted over the country's strained finances and banks in the wake of a U. S. debt downgrade.

Shares in French banks -- among the most exposed to Italian and other peripheral euro zone government debt -- tumbled in afternoon trade as fears about the currency bloc's debt crisis moved back to the forefront of investor concerns.

Sarkozy, who played a leading role in frantic diplomacy over the weekend aimed at halting two weeks of market turmoil, had earlier summoned his top ministers and central bank chief to emergency talks, interrupting the summer recess.


French President Nicolas Sarkozy hit new low in popularity

French President Nicolas Sarkozy hit new low in popularityIt has been reported that the investigation into Liliane Bettencourt, the richest woman in France, has become more intense with police raids on her financial managers.

According to reports of the Guardian, the scandal has hurt President Nicolas Sarkozy. Polls show his popularity has hit new lows.

It has also been reported that the wife of Eric Woerth, the employment minister, worked for Clymene, a company that helped manage Bettencourt's money. Investigators raided the Clymene office and the home of Patrice de Maistre, her financial adviser.


Africa has an important role in economic growth in upcoming decades, says Sarkozy

Africa has an important role in economic growth in upcoming decades, says SarkozyAfrica will have an important role in economic growth in the upcoming decades, said French President Nicolas Sarkozy, at a summit of African leaders in France.

Radio France Internationale reported on Monday that Sarkozy told the gathering of 38 African leaders in Nice their continent must have a stronger voice in global affairs.

Sarkozy said, "Absolutely none of the problems that the world faces today can be resolved without the active participation of the African continent."


U.S. criticized for "protectionism" by Britain and France

U.S. criticized for "protectionism" by Britain and FranceThe United States have been jointly accused of "protectionism" over a $53 billion aerospace contract by Britain's prime minister and the president of France.

The Daily Telegraph reported on Friday that Gordon Brown and Nicolas Sarkozy alleged that the Pentagon was favoring American company Boeing over the European consortium bidding to build refueling tanker aircraft for the U. S. Air Force.

The newspaper further said that the consortium withdrew from the bidding this week.


Sarkozy to support Greece

Nicolas-Sarkozy-George-PapandreouThere is something, which the speculators need to worry about, yes, the Euro zone has stood up after thinking much on the issue to back up Greece debt problems, which has put all the 16 nations in a jeopardy as the common currency rules the play.

Till now, this is the most affirmed and concrete aid, the Greek Prime Minister George Papandreou, has got from Sarzoky, which is the sturdy backbone of the plan according to the Greece prime minister. Although Greece has EU and U. S. support for the new austerity measures in its bounty to reinvent the massive budget gap.


Sarkozy presented with new ''impenetrable'' superphone

Sarkozy presented with new ''impenetrable'' superphoneLondon, Jan 7 : French President Nicolas Sarkozy now owns a new Teorem superphone with "impenetrable" encryption levels compared to other smart phones and Blackberries.

Sarkozy was smitten by the gadget when he visited the Thales Communication factory in Cholet, western France.

According to designers of the superphone, the device "guarantees a very high safety level," and can be used on commercial mobile networks or fixed secure lines.


Sarkozy Carbon Tax to be Revived

carbonWith the hope to underscore France’s environmental credentials ahead of the Copenhagen conference on climate change, President Nicolas Sarkozy plans to make France the biggest economy to impose carbon tax from January 1. The plan, aimed at lowering the energy consumption, was annulled by the Constitutional Court just 48 hours before it was due to come into force on Wednesday.

The Constitutional Court objected that 93 percent of industrial carbon dioxide emissions would be exempt, arguing that the measure would do nothing to combat global warming and unfairly penalize low earners and crowed victory, going against the principal of equality.


Sarkozy gives birth to a new hope at Copenhagen, backs calls to keep Kyoto Protocol

Sarkozy gives birth to a new hope at Copenhagen, backs calls to keep Kyoto ProtocolCopenhagen, Dec. 17 : A new hope has emerged with French President Nicolas Sarkozy on Thursday backing calls given by developing nations to keep the Kyoto Protocol, which only requires rich nations to cut emissions.

Speaking in Copenhagen, he broke away from the EU position of favouring a new deal that saw all nations commit to measures to curb climate change, reported B. B. C.

In his address to delegates, Sarkozy called on nations to "stop posturing".


Brown, Sarkozy want 'supertax' on bankers' bonuses

Brown, Sarkozy want 'supertax' on bankers' bonusesLondon, Dec 10 : British Prime Minister Gordon Brown and French President Nicolas Sarkozy Thursday jointly called for urgent reforms to the global financial market in what was described as a rapprochement following a diplomat spat.

The two leaders, writing jointly in the Wall Street Journal, called for "a new compact between global banks and the society they serve".


PM meets Brown, Sarkozy focus on counter-terrorism, sympathy for Mumbai terror victims

PM meets Brown, Sarkozy focus on counter-terrorism, sympathy for Mumbai terror victimsPort of Spain, Nov. 28 : Prime Minister Dr. Manmohan Singh''''s bilateral interactions with French President Nicholas Sarkozy and British Prime Minister Gordon Brown held here on Friday on the sidelines of the Commonwealth Heads of Government Meeting (CHOGM) primarily focussed on counter-terrorism, sympathy for the victims of last year''''s 26/11 terror attack on Mumbai, the first anniversary of which was observed two days ago, and the next steps to be taken for arresting the threat of climate change.


Attend Copenhagen summit, Sarkozy requests Manmohan

Attend Copenhagen summit, Sarkozy requests ManmohanPort-of-Spain, Nov 28 - French President Nicholas Sarkozy has requested the Indian prime minister to attend the forthcoming climate change summit in Copenhagen and Manmohan Singh has assured him at the ongoing Commonwealth meet at this Trinidad and Tobago capital that he would discuss the proposal with his cabinet colleagues.

Sarkozy told a press conference at the Commonwealth Heads of Government Meeting (CHOGM) press centre that he has encouraged Manmohan Singh to attend the parley, especially during Dec 17-18 when major decisions would have to be taken.


Nicolas Sarkozy ‘helped’ Roman Polanski get bail

Nicolas Sarkozy ‘helped’ Roman Polanski get bailLondon, November 27 : French President Nicolas Sarkozy helped Roman Polanski get bail after the filmmaker spent two months in a Swiss prison on a child sex case, it has emerged.

The director’s sister-in-law Mathilde Seigner hinted that the leader has been instrumental to the recent development.

“I wouldn’t go so far as to say that it is thanks to the President that Roman has been freed, but he has been super. The President has been very effective,” Times Online quoted her as telling Le Parisien newspaper.


When Nicolas Sarkozy, Carla Bruni ‘met’ the Simpsons

When Nicolas Sarkozy, Carla Bruni ‘met’ the SimpsonsLondon, November 24 : French President Nicolas Sarkozy and his wife Carla Bruni have become the latest high profilers to be parodied in the hit animated TV show The Simpsons.

A short clip, from the episode, called "The Devil Wears Nada”, of their unauthorised ‘appearance’ is said to have been soaring in popularity on the French-language Internet.

The footage, aired in the US on November 15, reportedly features the French first lady as a sex-mad vamp, reports the Independent.


Sarkozy to visit Saudi Arabia for talks on Middle East peace

Sarkozy to visit Saudi Arabia for talks on Middle East peaceSarkozy to visit Saudi Arabia for talks on Middle East peaceRiyadh - French President Nicolas Sarkozy was expected to touch down in Saudi Arabia later Tuesday for an overnight visit to the kingdom.

Saudi media said the top item on the agenda of a meeting with King Abdullah would be the stalled Middle East peace process.


Iraq's President Talabani to meet Sarkozy in France

French President Nicolas Sarkozy Baghdad - Iraqi President Jalal Talabani is to travel to Paris on Monday for talks with his French counterpart Nicolas Sarkozy, officials confirmed Sunday.

Talabani and Sarkozy are expected to discuss relations between the two countries during the visit, which Talabani aides said was crucial for the advancement of agreements.

The meeting follows on the invitation of Sarkozy and will be their third since 2005.

Talabani is expected to travel with a large delegation, including ministers and advisors.


Sarkozy presents Clint Eastwood with French honour

Sarkozy presents Clint Eastwood with French honourLondon, Nov 14 - French President Nicolas Sarkozy has presented movie icon Clint Eastwood with the nation's highest cultural honour.

Eastwood was made a commander in the prestigious Legion of Honour in Paris at a ceremony Friday.

The actor-director, who flew to France for the ceremony, said: "This is a wonderful honour... I really love France. I love movies, and I love the appreciation that the French people have for movies."


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