Monday, October 18, 2010
French strikes force petrol stations to shut
There were already demonstrations outside 261 schools on Monday, which the education ministry said had been blockaded.
In the western suburb of Nanterre in Paris, dozens of students clashed with riot police who fired rubber bullets.
Shop windows were reported broken in the Saint-Denis suburb, where education officials said more than half the areas secondary schools had been blockaded.
In Lyon, several cars were burned and one teacher whose car was badly damaged by fire complained: "They want to fight [against the pension reform]. OK, but they have to understand the meaning of what they are doing".
In other developments:
* Outside the Grandpuits refinery, east of Paris, strikers burned tyres in defiance of a government order that the facility should be reopened.
* In some cities, such as Toulouse (south-west) or Saint-Etienne (centre), public transport depots were blocked on Monday morning, preventing buses and tramways from operating for several hours.
* Rail traffic was being disrupted with one in two fast TGV trains running, and one in three normal-speed trains running.
* Although the Eurostar train service between Paris and London is normal, there is no Eurostar service between Brussels and London on Monday due to a strike in Belgium.
* A key fuel pipeline that supplies the two airports in Paris has been restored, but the civil aviation authority is warning airlines operating at Charles de Gaulle to arrive with enough fuel to make the return journeys.
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MARC FABER NEWS
Moneycontrol.com | Dr. Doom? Marc Faber Sees Stock Buying Opportunity CNBC.com The dean of doom, Marc Faber, told CNBC on Tuesday that a variety of asset classes—including equities—may be worth buying for short-term gains. In the midst of market volatility on concerns over Federal Reserve tapering, he said, "Treasury bonds ... Marc Faber Marc Faber aka Dr. Doom: S&P 500 Index Could Fall 20% To 30% Easily Dr Doom warns stocks are oversold but S&P readies for another drop |
Marc Faber Forecasts 30% Stock Market Crash, Says Buy Gold The Market Oracle The Fed's 'tapering' comments have ramped up market volatilaty and Faber gives some advice for short and long-term strategies. For example: ""The best course of action is to actually not buy anything, but rather to reduce positions on a rebound," Faber ... |
Marc Faber: Bull in the short term, bear in the long term MarketWatch (blog) ... so perhaps it's best left to someone who has historically said “sell.” Marc Faber, author of the ”The Gloom, Boom & Doom Report,” and often called “Dr. Doom” because of his bearish sentiment, says there are buying opportunities — at least in the ... |
Business Insider | Marc Faber: Gold a possible canary in the deflation coalmine MarketWatch (blog) Here's what Marc Faber, editor of Gloom Boom Doom report told MarketWatch in an email. “Maybe gold is signaling a deflationary collapse of all asset prices. If this were indeed the case I suppose I would rather own gold than government bonds, high ... MARC FABER: The Way Things Are Going, Bernanke Will Have To Give Us 96 ... "Incredibly Bad Sentiment" Makes Gold & Bonds a Buy Says Marc Faber, as All ... “Sentiment on Gold and Bonds Incredibly Negative” – Marc Faber Predicts ... |
Marc Faber Sees Further Downside CNBC.com China's factory output weakened to a 9-month low today, and financials saw a huge sell-off today, with the FM traders; and The Gloom, Boom and Doom Report's Marc Faber, shares his economic outlook. There's plenty of room for the stock market to decline ... Marc Faber: More S&P downside, commodities 'horrible'…except gold |
Marc Faber says 'thanks' to Bernanke MarketWatch (blog) [An earlier version of this blog mistakenly attributed the comments to Marc Faber's blog. The original comments were made in an interview with Barron's on June 1. The comments were picked up Tuesday in a tracking blog that aggregates Faber's public ... |
Dr. Doom Marc Faber: Don't Bet on New Market Highs CNBC.com Faber said large cap stocks like McDonald's, Coca-Cola, Procter & Gamble and Wal-Mart "have most likely peaked." However, he thinks there are still stocks that show strength that could continue to appreciate "because all the money flows into fewer and ... |
Marc Faber Is Glad He Owned Stocks, Even As He Warned Everyone Of Stock ... Business Insider "People with assets are all doomed, because prices are grossly inflated globally for stocks, bonds, and collectibles," says the investment advisor in a new interview published in this week's Barron's. But Faber is the first to admit that at least the ... |
Marc Faber notes liquidity squeeze depressing stocks but still buying gold Gold Seek Famously contrarian in his approach, Dr. Faber is usually out of step with Wall Street but has an excellent reputation for calling the major market turns. He does not say he is shorting equities, though he notes emerging market equities and currencies ... |
Cheerful Thoughts from Marc Faber BullionVault SWISS-BORN Marc Faber, who at age 24 earned his PhD. in economics magna cum laude from the University of Zurich, has lived in Hong Kong nearly 40 years. He worked in New York, Zurich and Hong Kong for White Weld & Co., an investment bank ... |
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