"We were at the brink of catastrophe at the beginning of this year, but we've walked some distance back from the abyss". D. Herbert met Dan North to speak about these reassuring words from Lawrence Summers, Barack Obama's top economic advisor.
Headlines have been dominated by speculation about the state of the world economy. After the dreaded R word of recession, is the world now headed for the sweeter "R" word for recovery ? R. Kahane met Eric Chaney, chief economist at Axa Group.
It was meant to be a refueling stop on the road to economic recovery. The G8 summit came mid-way between two G20 gatherings aimed at tackling the world's financial crisis. D. Herbert met B. Fabbri, US chief economist at BNP Paribas, from New York.
Morocco has given its official go-ahead to a major industrial park in the region. The extension to Tanger-Med, near Tangiers, would make it the biggest port on the Mediterranean Sea. Raphael Kahane met the President of Tanger Med Agency.
At Paris Europlace International Financial Forum, Raphael Kahane met Tony Angel, Head of Europe, Middle East and Africa at Standard and Poor's, to talk about signs of recovery of the financial industry.