No Cheers for French Economy - Presented by: The Aol. On Network

It's the third Thursday of November and under French wine law that means one thing. Beaujolais Nouveau - the first wine of the year's harvest. After a good summer, this vintage should have a rich bouquet and a lively character. Unlike the French economy. Latest surveys show business activity at a four-month low. And manufacturing at a six-month low. Both were at a level which indicates a contraction. Economists like Simon Smith of FXPro had hoped for better.



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