France will slash state spending by 45 billion euros (54.5 billion dollars) in the next three years to get its public deficit back down to three percent, Prime Minister Francois Fillon said on Saturday.
Source:
http://www.breitbart.com/article.php?id=CNG.efd19d609b2f893c2a9387c67e46a53a.6c1&show_article=1
A report by San Franciscos Trulia Inc. says home prices around the United States were cut by 10 percent in April.
In total, some $25 billion has been slashed from the list prices of for-sale homes.
Source:
http://www.bizjournals.com/sanfrancisco/stories/2010/05/10/daily38.html
Investment giant Goldman Sachs on Tuesday posted surging first quarter profits of 3.46 billion dollars, doubling its profit of one year ago, even as it faces US government probe into its role in the US financial meltdown.
Source:
http://rawstory.com/rs/2010/0420/goldman-sachs-posts-soaring-346-bln-profit/
