Posts Tagged ‘France’
Asian stocks fell in trading Monday triggered a growing concern due to cuts in the Euro Zone’s debt rating by Standard & poor’s which will further exacerbate the difficulties of the euro zone and recapitalization funds, threatening to derail progress in resolving the debt crisis.
Reuters report on rating agencies S & P cuts rating of 9 out of 17 Member States of the euro zone, including France and Austria, rating and said it may be terminated immediately if the bailout funds will downgrade the euro zone. It adds to Twitter, talks stalled over the bailout of Greece, put Athens under strong pressure to complete the deal with bondholders to cut debt to a more sustainable level or default risk in March that when it has to redeem bonds are great.
FTSE CNBC Asia 100 index, which measures the market across Asia, fell 1.6 percent.
Japan’s Nikkei average dropped 1.6 percent after S & P rating debt France from stripping to the status of triple-A precious and cut the credit ratings of eight countries of the euro zone, it is also another blow to the region in a bid to end the debt crisis.
Exporters fell due to news that approximates the pressure level of the euro in 11-year lows against the US dollar and the lowest in 16 months against the yen. While the Topix index fell 1.6 percent to 723,25.
Seoul shares slip, also triggered towards S & P downgrade 9 country euro zone. Joint-stock price index (KOSPI) Korea down 0.9 percent to 1,905.75
Australia also shares slip 1.1%. The Benchmark S & P/ASX 200 index was down points to 48.4 4.147 .5. New Zealand Benchmark NZX 50 index slipped 0.3 per cent to 3.216 v1.3.
Taiwan stocks opened up 0.8 percent after incumbent President Ma Ying-jeou was elected, showed better economic ties with China. The main stock index up Taiwan TAIEX 60,38 points to 7.241 .92.
Hong Kong shares opened down quite low, dragged by a weakening in China after the stock rose last week waiting for economic data expected out this week.
Hang Seng index was down 0.8 per cent to 19.057, 1. Shanghai Composite slipped 0.6 percent to 2.230 1,2,3,4,5. In Southeast Asia, Singapore Straits Times index and benchmark KLCI Malaysia both fell respectively 1 and 0.5 per cent.

One more design of future vehicles from the manufacturer Peugeot, France. Departure from the requirements of energy friendly vehicles and increasingly limited land a big city park in the future then this unique car concept was created. If you ever see his film Minority Report Tom Cruise, you may not be familiar.
Designed by Roman Mistiuk, Metromorph Peugeot concept much like the characters in his film Minority Report Tom Cruise. This concept is also taking ideas from the Transformers character.
Future vehicles may be operated in two modes: first as a battery-powered electric cars as well as a balcony!
This car can crawl and climb on the walls of buildings and parking right in front of your apartment window. This is a solution to the increasingly limited parking in the future along with its increasingly crowded cities.
These vehicles are for two people and the seats can rotate on a vertical axis that keeps the rider to follow the orientation.
Two electric motors on the wheels in-wheels-front wheel drive vehicle. Two large doors will open at the top to exit entrance. Is this the future of transportation in the gadget? Time (and film) that will prove it …