Tag Archives: France

>Ivory Coast Splinter Dictator Captured By French Forces, Handed Off To Rebels; Cocoa Plunges


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Ivory Coast Splinter Dictator Captured By French Forces, Handed Off To Rebels; Cocoa Plunges
 zero hedge –Author: Tyler Durden



And like that, we now have one less conflict. From Reuters “French special forces have detained Ivory Coast’s Laurent Gbagbo and handed him to leaders of the rebel opposition, after French tanks forced their way into his residence, a Gbagbo adviser in France said. “Gbagbo has been arrested by French special forces in his residence and has been handed over to the rebel leaders,” Toussaint Alain told Reuters.” We would prefer not to visualize what happens to Gbagbo in the hands of his news captors. Importantly, considering the primary determinant in cocoa prices YTD has been the ongoing civil war in the African country, the promise of an end to hostilities sends Cocoa prices plunging, dropping the 10 metric ton contract by nearly $100 in the span of seconds.

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Ivory Coast Splinter Dictator Captured By French Forces, Handed Off To Rebels; Cocoa Plunges


Ivory Coast Splinter Dictator Captured By French Forces, Handed Off To Rebels; Cocoa Plunges
 zero hedge –Author: Tyler Durden



And like that, we now have one less conflict. From Reuters “French special forces have detained Ivory Coast’s Laurent Gbagbo and handed him to leaders of the rebel opposition, after French tanks forced their way into his residence, a Gbagbo adviser in France said. “Gbagbo has been arrested by French special forces in his residence and has been handed over to the rebel leaders,” Toussaint Alain told Reuters.” We would prefer not to visualize what happens to Gbagbo in the hands of his news captors. Importantly, considering the primary determinant in cocoa prices YTD has been the ongoing civil war in the African country, the promise of an end to hostilities sends Cocoa prices plunging, dropping the 10 metric ton contract by nearly $100 in the span of seconds.

Read more…

India, France: Countries Sign Nuclear Power Plant Pact


India, France: Countries Sign Nuclear Power Plant Pact

December 6, 2010
India and France signed a deal on Dec. 6 to build two nuclear power plants in India, AP reported. Areva SA will construct two European pressurized reactors of 1,650 megawatts each at India’s Jaitapur, Maharashtra state. The $9.3 billion pact was signed with French President Nicolas Sarkozy and Indian Prime Minister Manmohan Singh present. India assured France that its liability laws were in keeping with international standards and the security of nuclear operators was ensured, according to a French official. The two leaders later met to address regional security, trade and investment.
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