France to ArcelorMittal: if you don\u2019t like losing money, get out of France – Quartz<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"By Simone Foxman It\u2019s clear that [Arnaud Montebourg, France\u2019s Minister of Industrial Renewal] is confusing the culprit with the victim. The continued failure of European politicians to resolve the region\u2019s debt and banking problems for good has finally caught up with companies across the euro area. Those firms that waited for a more competitive, more … <\/p>\n
Continue reading “France to ArcelorMittal: if you don\u2019t like losing money, get out of France – Quartz”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[1455,2676,2880,3663],"class_list":["post-6280","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-france","tag-plant-closure","tag-recession","tag-welfare-state"],"yoast_head":"\nFrance to ArcelorMittal: if you don\u2019t like losing money, get out of France - Quartz - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"France to ArcelorMittal: if you don\u2019t like losing money, get out of France - Quartz - the patient investor\" \/>\n<meta property=\"og:description\" content=\"By Simone Foxman It\u2019s clear that [Arnaud Montebourg, France\u2019s Minister of Industrial Renewal] is confusing the culprit with the victim. The continued failure of European politicians to resolve the region\u2019s debt and banking problems for good has finally caught up with companies across the euro area. 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That could eventually lead to fracture of the euro-zone unless the two camps discover a new\u2026","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56741,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/08\/16\/harsh-winter-for-iron-ore\/","url_meta":{"origin":6280,"position":1},"title":"“Harsh winter” for iron ore","author":"Colin Twiggs","date":"August 16, 2024","format":false,"excerpt":"Iron ore has broken support at $100 per tonne, signaling a decline to $80. China\u2019s largest steelmaker warns of a \u201charsh winter\u201d ahead for the industry: BEIJING \u2013 Chinese steelmakers slashed output in July as woeful demand forced steep cuts on an industry contending with a collapse in margins. Steel\u2026","rel":"","context":"In "Base Metals"","block_context":{"text":"Base Metals","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/commodities-gold-commodities\/base-metals\/"},"img":{"alt_text":"Iron Ore","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-08-15-fe.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-08-15-fe.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-08-15-fe.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":6950,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/what-victorians-got-right-about-school-and-silicon-valley-has-wrong-quartz\/","url_meta":{"origin":6280,"position":2},"title":"What Victorians got right about school, and Silicon Valley has wrong | Quartz","author":"Colin Twiggs","date":"March 12, 2013","format":false,"excerpt":"Glenn Kelman writes: For all the information schools impart, most are not very successful at raising students\u2019 IQs, but many schools are very good at making their students more disciplined. And self-discipline, it turns out, is the only way to get through life in one piece; it is the trait\u2026","rel":"","context":"In "Other"","block_context":{"text":"Other","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/other\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5298,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/19\/francois-hollandes-wrong-idea-of-france-by-brigitte-granville-project-syndicate\/","url_meta":{"origin":6280,"position":3},"title":""Fran\u00e7ois Hollande\u2019s Wrong Idea of France" by Brigitte Granville | Project Syndicate","author":"Colin Twiggs","date":"August 19, 2012","format":false,"excerpt":"Since the euro\u2019s introduction, unit labor costs have risen dramatically faster in France than they have in Germany. According to Eurostat data published in April 2011, the hourly labor cost in France was \u20ac34.2, compared to \u20ac30.1 in Germany \u2013 and nearly 20% higher than the eurozone average of \u20ac27.6.\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":370,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/21\/europe-crashes\/","url_meta":{"origin":6280,"position":4},"title":"Europe crashes","author":"ColinTwiggs","date":"August 21, 2011","format":false,"excerpt":"Germany's DAX Index is testing support at its 2010 low of 5400. 13-Week Twiggs Money Flow below zero warns of further selling pressure. Failure of support would offer a target of 4500*. * Target calculation: 5500 - ( 6500 - 5500 ) = 4500 France has fallen well past its\u2026","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6221,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/18\/french-fury-at-economists-time-bomb-warning-france-24\/","url_meta":{"origin":6280,"position":5},"title":"French fury at Economist\u2019s \u2018time-bomb\u2019 warning | FRANCE 24","author":"Colin Twiggs","date":"November 18, 2012","format":false,"excerpt":"Katharyn Gillam at France24 writes: In its edition set to hit news stands on Friday, the highly-respected British weekly [The Economist] warned that France\u2019s high taxes on businesses were eroding the country\u2019s competitiveness and that France was a bigger danger to Europe\u2019s single currency than the debt-stricken countries of Italy,\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6280"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6280\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}