French Minister Says Controls Failed
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PARIS -- Some internal controls at Societe Generale failed or were not heeded before the banking giant suffered billions in losses precipitated by a rogue trader, French Finance Minister Christine Lagarde said Monday.
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The French government held a crisis meeting on Thursday over the fate of two journalists held hostage in Iraq after a new purported statement from the kidnappers denied they had demanded a ransom or set a deadline.
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Creating a defence and aerospace industrial champion centered on France may be impossible for Nicolas Sarkozy to engineer during his last days as finance minister, as political considerations cloud the ...
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French Interior Minister Dominique de Villepin criticised the policy of "head-on attack" against terrorism in an interview published Monday, saying it encouraged violence and helped recruit terrorists.
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The French PM voices disappointment at Iran's decision to disregard a UN deadline on its nuclear work.
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PARIS, Feb 11 (IPS) - The French government's new plan for  reconstruction of the poorest neighbourhoods has sparked  criticism, both within the government and among the opposition.
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French Interior Minister Dominique de Villepin said Sunday he could not confirm the authenticity of a statement attributed to the Islamic Army in Iraq saying it was releasing two French hostages, but Prime ...
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Â· Officials back nuclear inspector's warning Â· Tehran denounces French extremism in row
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The French government will sell a 9.6% stake in France TÃ©lÃ©com, taking its holding below 50%, announced the Ministry of the Economy, Finance and Industry.
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French railway and energy workers kept up  the pressure on President Jacques Chirac's government on  Wednesday with strikes over working conditions that severely  reduced train traffic and curbed electricity output.
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Societe Generale (SocGen) , hit by massive losses it blamed on rogue trades, braced for fresh criticism on Tuesday after a government report highlighted major failings in its risk controls.
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The release of two French journalists held in Iraq reportedly failed after a group of Iraqis transporting them was bombarded by US forces.
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The French government convoked Monday an emergency meeting over the release of two French journalists still held in hostage in Iraq, after parliamentary deputy Didier Julia's failure to secure their release.
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Many questioned the intentions of the French government after 9/11. It did not support the war on terror, it was not supportive of U.S. policies at the United Nations and it didn't back the war for a free Iraq.
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The French government convoked Monday an emergency meeting over the release of two French journalists still held in hostage in Iraq, after parliamentary deputy Didier Julia&#39;s failure to secure their release.
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French police threw a security cordon around the Canadian embassy in Paris on Monday after a member of staff fell ill after opening the mail, a police official said.
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French Prime Minister Jean-Pierre Raffarin voiced his concern Sunday at a bungled training exercise by police who allowed a bag with a small amount of explosives to be flown out of the main Paris airport.