France 'the Best Place' to Invest: Minister

French geophysicist Eric Brossier does not remember a singular, crystallizing moment, when he consciously resolved to lead an unconventional life. To do things differently than most and to plant himself, and his loving wife, France, and their two young daughters, in the middle of a Canadian nowhere aboard a 15-metre yacht. Stuck fast in the Arctic sea ice for months on end and with a view out the boat’s stern window that, on the first Thursday of the New Year, featured a band of Inuit hunters butchering a polar bear.

The ability of the oil and gas sector to absorb tough government controls on their greenhouse gas emissions depends on Canada getting a better price for its oil, Environment Minister Peter Kent says. The extra revenue would allow companies to invest heavily in leading-edge technology that would curtail pollution, he said in an interview from London.

Realization the Eurozone is no longer tenable is at long last recognized. In fact, "intense discussions" have been underway for months but are just mow admitted to by senior EU officials.Bloomberg reports U.S. Stocks Extend Declines on Concern Nations May Exit EuroU.S. stocks extended declines following a report that German Chancellor Angela Merkel’s party wants to make it possible for European nations to exit the euro area.

A re-enactment of the 2005 Beirut assassination of Lebanese ex-prime minister Rafiq Hariri is to be staged in France later this month as part of a UN-backed probe into his murder, a source confirmed Saturday.The exercise is to take place at a military base in southwestern France on September 28, said the source.Le Figaro journalist Georges Malbrunot wrote in his blog that the re-enactment will happen under tight security at the base in Captieux, in the Gironde region, southwest France. It normally serves as an army firing range.

Presented without any comment (see original Titan letter here), and google translated to add Babel fishing insult to an already injurious, or is that hilarious, exchange between a hard core capitalist and a socialist... perfect ignorance, admiration of Obama, trade tariff threats, oh, and don't mention the war. From Arnaud Montebourg,

Many investors understandably have not focused on France. The threat of scandal in Spain, the need for yet another round of government support for Italy's third largest bank and the country's upcoming election have commanded attention. What seems to have been a free ride for France may be coming to an end.

It's now official. The top tax rate in France is now 75% for those who make over a million euros. Moreover, there is a new band of 45% for those who make over 150,000 euros. Don't forget existing the existing VAT on all purchases.