Germany will keep its AAA rating at Standard & Poor’s as France and Austria face downgrades on concern about Europe’s sovereign debt crisis, according to government officials and people familiar with the matter.
An attempted-rape charge against Dominique Strauss-Kahn may put an end to his prospects of running in the French presidential election even as his party called for calm and unity until the allegations are verified.
French President Nicolas Sarkozy and German Chancellor Angela Merkel may meet in Paris on Oct. 1 to discuss euro-area economic support for Greece, the currency’s stability and European banks, Le Monde daily reported on its website today without citing anyone.
Dassault Aviation SA’s bid to supply the United Arab Emirates with Rafale warplanes is uncompetitive, the Gulf state said, boosting prospects that Eurofighter GmbH, Boeing Co. or Lockheed Martin Corp. will win the order.
Dominique Strauss-Kahn won a reprieve with his release yesterday after Manhattan prosecutors found evidence undermining his accuser’s credibility. It may not be enough to put him in the 2012 French presidential race.