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The first official figures on the 2011 budget, presented on Wednesday morning in the Council of Ministers, have fallen. Features a budget measure that is intended rigorous, the movement of the plane on tax loopholes will rise eventually to 9.4 billion euros in 2011 and 2.1 billion in 2012. The effort will continue in 2013 and 2014, with cuts of 3 billion per year in tax loopholes.

On the other hand, the sampling rate required in 2012 to ascend its 2007 levels. The number of staff will also be reduced by 31,638 positions. A figure lower than that of 2010 (33,749).

The main measures detailed by Le Figaro

Thanks in part to these measures, the budget deficit is expected to "an historic reduction" in 2011 to 92 billion euros, against 152 billion this year, according to the Department of Budget business cards design.The government aims to reduce the deficit to 6% of gross domestic product in 2011 and, ultimately, to 3% of GDP in 2013.

On the other hand, the economic assumptions underlying the estimates of income and expenditure, were confirmed.

More information to come

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The 2011 budget under the banner of deficit reduction

LE FIGARO. – You sign a partnership agreement today with nine operators to increase public utilities in rural areas. Why?

Michel Mercier. – This is the first time the presidents of nine major French public operators will gather together to sign an agreement with the State Partnership utilities. The goal is simple: after years of decline, the population begins to grow in rural areas. The State must show the French living in those territories that have not been forgotten and accompanies this revival. This is the logical continuation of Focus on the rural areas and the speech of President of the Republic to Morea.We will give our fellow citizens living outside the cities the maximum utility by pooling the resources of major operators, while relying on the development of new technologies such as high speed broadband.

Specifically, what will change?

Public services will develop in the territories where they did not exist, or sometimes more. Take the example of Chauffailles, a small town of Saône-et-Loire where the train station was closed for several years. This station has reopened and three employees were hired: they sell tickets on behalf of TER SNCF, helping people to connect to a terminal comprising the multi-fund Social Security and provide payment services for utility bill. The old station was thus transformed into a multiservice center groups, financed to the tune of 6,000 euros per year by all public operators.Nationally, we are launching, initially, an experiment that lasted 18 months in 22 metropolitan areas and regions overseas: we will create at least 60 new centers of its kind in 23 departments, one per region, and strengthen service in 300 existing sites. Locally, the prefects of the departments of experimentation will determine, with operators and local volunteers, actions and places to improve public services. All this will appear in a local contract.

What other reception points are affected by this experience?

The Post is committed to ensuring that one hundred relay station dealers offer their customers the possibility to buy train tickets TER. A high-speed Internet access will also be offered in 50 post offices early 2011, as all the new services under the agreement.Moreover, it will be possible to pay bills EDF and GDF in any post office in France. Finally, fifty tourist offices will sell postal products and train tickets TER.

What will you do at the end of this experiment?

The goal is obviously to increase the openings of sites containing all utilities. But we chose to be pragmatic, and that's why we want to generalize the experience before, studying with the operators what works and what can be improved. We must see what is the attendance of these sites, the uses most desired by our citizens to better match supply to progressively extend the experiments.This is crucial because public operators will invest in this project, including funding the infrastructure and paying the training of employees working in these centers. The state, meanwhile, will release 15 million euros over three years.

China has a weapon of weight to put pressure on its neighbor, it supplies nearly 95% of the market for rare earths. Thus, in full diplomatic crisis with Japan, triggered by the detention of a Chinese trawler captain by Japan, the Middle Kingdom has decided to deprive his neighbor of these metals. Beijing denies but traders Japanese trading houses are affirmative: they found a suspension of exports of these metals from China to Japan.

"We learned from our representatives in China that supplies Chinese rare earth were suspended on Sept. 21, told AFP a spokesman of the company Sojitz. A trader of another trading house, speaking on condition of anonymity, confirmed that the shipments were halted. "On 22 September, the Chinese companies that are licensed to export to Japan have been met in Beijing by the Chinese Ministry of Commerce.There, the Senkaku Islands issue was addressed and there have been discussions about stopping exports to Japan, "said the trader.

Yesterday, the media were already reporting by Beijing suspension of exports to Japan of rare metals as a retaliatory measure in full diplomatic tension with Tokyo, information denied by the Chinese Ministry of Commerce.

Japan has not yet formalized the new country but said that if the measure is confirmed, it will act "in accordance with the rules of the World Trade Organization (WTO)" which prohibits such practices.

Yet, the crisis seemed to subside Sino-Japanese since Japan decided Friday to release the captain of the Chinese trawler.According to public broadcaster NHK and other Japanese media that the decision to release him was taken by the prosecution, but the fisherman was not yet free to move.

This captain is in the hands of the Japanese authorities since the arrest, Sept. 7, his trawler near islands of the East China Sea, known as Senkaku in Japanese and Diaoyu in Chinese. His ship had been seized after a collision with two Japanese patrol near the uninhabited small islands controlled by Tokyo but claimed by both countries, as well as Taiwan.

The metals or "lands" are scarce strategic resources, especially for electronics and automotive sectors.Beijing in July lowered the production and export quota of these substances, causing a rise in their prices on world markets.

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After the fifth day of action since late March against the pension reform, a clear line separates the central unions.

There is one side the "diehards" who hope no progress senators. FOR, FSU and Solidarity (SUD) are calling the "withdrawal" of the bill, "non-negotiable, non-amendable" to them. These three centers offer to move to the next level and call for renewed strike. CGT rocking slowly in the camp, while not requiring the withdrawal of the text, and relies on the mobilization to roll back government.

While rejecting this reform "unfair and unequal", the other unions are expecting a number of advances to the Senate. "They understood that the government would not back on the fundamentals of the law and they try to improve at the margin", decrypts an expert in social relations.This is particularly the case of the CFDT, a duet with the UNSA.

"Elected officials are saying that we are right"

The plant led by Francois Chereque wishes to grant to all employees, automatically, a year "free" premium for ten years of exposure to psychosocial strain at work (night work, noise, vibration, contact with carcinogenic … ). It also calls for maintaining 65 years of retirement without discount, at least for women and casual workers for careers fragmented. This measure would cost about 3 billion euros per year, with the Central Reform also proposes to save by limiting the increase of 10% of the pensions paid to fathers and mothers of three or more children. "We can redeploy unfair to finance family benefits some progress," explains Jean-Louis Malys, M. Retreats CFDT."There's a real openness on these issues," he hopes. Senate President Gerard Larcher, has been an open time for reflection, but the Elysee slows the four irons.

The CFE-CGC plays his own music.She seeks to create new resources, as in the public, a "shield retirement guaranteeing private sector employees a specific replacement rate (pension amount from the previous salary).

The union executive has two other claims: taking into account the contribution period, years of study or, alternatively, qualifying periods (the Assembly has agreed in principle but referred its terms of entry in force to a report published in 2011 by the government) and the abolition of the income ceiling for receiving a widow's pension in the private sector (which prevents widows and survivors earn income from work).

Two themes "on which many politicians from the majority tell us that we are right," says Daniele Karniewicz, the representative of the CFE-CGC, but not among the flexibilities envisaged at the Elysee."For the Senate to show that they have a genuine autonomy, as they claim," says Daniele Karniewicz … without excessive optimism.

Finally, the CFTC hopes to persuade senators to raise the CSG and allocate the resources generated in the pension industry.

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New beginning in the administration's economic team Obama. Latest, the renowned economist Lawrence Summers, who has already served two Democratic presidents in radically different conjunctures, announced his decision to leave the White House later this year. He "has announced plans to return to his professorship at Harvard University at the end of the year," said the White House in a statement.

Lawrence Summers was the chief economic advisor to President Barack Obama since January 2009. As such, he was the author of the fiscal stimulus of $ 787 billion issued in early 2009.

During his years at Treasury, this man will define in particular the response of U.S. financial crises in emerging countries such as Mexico or South Korea.At the head of the department, he devoted a return to budget surpluses.

However, Lawrence Summers has suffered much criticism from the left wing of the Democratic Party, who accused him of being too close to Wall Street. Lawrence Summers also happens to have made a very bad decision by Barack Obama in the summer of 2009 to extend Ben Bernanke to head the central bank (FED) as he would look good in that position.

Experience that completes a career speak for themselves. Joined Treasury in 1993 as Deputy Secretary for International Affairs, Lawrence Summers grew up under the wing of one of the architects of financial deregulation, Robert Rubin, his predecessor at Treasury where he became assistant in 1995 pay day loans . He then himself favored the rise of the current Treasury secretary, Timothy Geithner.He was also a key economic figures of the Clinton administration (1993-2001).

He graduated with a PhD in economics from Harvard, Lawrence Summers was the youngest university professor in the United States at the age of 28 years. After spending a decade teaching at the Massachusetts Institute of Technology (MIT) and Harvard University, Lawrence Summers was chief economist of the World Bank from 1991 to 1993.

For now, the name of his successor within the Obama administration is not yet known. One thing is for sure is that he will be responsible for finding the proposals to boost job creation in which the executive recognizes that it remains very poor, more than a year after the end of the recession. The official U.S. unemployment rate is close to 10%.

Departures multiply

Accumulate and defections within the economic team of President of the United States. Indeed, the departure of Lawrence Summers is the third in the economic team of the White House in three months. The Head of Budget Office, Peter Orszag, announced his resignation in late June. He became a researcher at the Council on Foreign Relations and a columnist at the New York Times.

Later, in early August, the Chair of Economic Advisers to Barack Obama, Christina Romer, announced his decision to return to teaching. Thus, the Treasury secretary, Timothy Geithner, is the last member still in place of the original team of economic advisers.

Sitting, standing, lying down. Passengers do aerobatics in the head designers of aircraft seats. As Michael O'Leary, CEO of the low-cost airline Ryanair has been saying for over a year wanting to travel a portion of its standing passengers, Air France takes opposite view on Tuesday by unveiling a new convertible chair bed direct payday lenders.

The new Air France Business Class
The new chair of the Air France Business Class seating. DR

In three hours, the CAC 40 has lost more than sixty points. And this is probably not finished.

By early afternoon, a newspaper Ireland, the Irish Independent quoted a note from Barclays Capital, which said that Dublin could be called 'outside assistance' if the financial sector were to blame for new or unexpected losses macroeconomic conditions continue to be more than expected deterioration in the months to come. "Financial markets are worried about rates higher and higher with which Ireland places his paper," says Renaud Murail, managing board of Barclays stock. When investors cease to subscribe to Irish emissions, a scenario in greek "is possible. It was not until a statement of the IMF ".

Subsequently, the morale of U.S. households has, against all expectations, deteriorated in September, the index falling to its lowest level in more than a year partly because of fears about jobs, according to preliminary results monthly survey of Thomson Reuters-University of Michigan released Friday. The index of consumer sentiment stood at 66.6, its lowest level since August 2009, against 70.0 expected by economists surveyed by Reuters. It was 68.9 in the last month.

Around 16h30, the ACC lost 0.54% to 3716.04 points. From the start, clinching the index 1.12% to 3778.24 points, while he was ironed Thursday night under the 3750 points.

This Friday is the day of the "four witches, known to amplify the movement, up or down.

This morning, Asian stock markets resumed beautiful colors.And yesterday, Wall Street has ended with small gains while the index future point already rising sharply. If the CAC 40 should follow the positive trend in the markets, both large maturities of the day will take place this afternoon, with the publication of inflation in August and consumer confidence index (Michigan) respectively to 14.30 and 3:55 p.m.. Yesterday, the Atlantic, the mail group FedEx, considered a barometer of activity in the United States, issued disappointing forecasts, which could fill the atmosphere on Friday.

In France, no major announcement is expected and the euro area balance of payments should be known in 10 hours.

After passing the $ 1.31 just before noon, the euro resumed its decline, averaging $ 1.30.

No decrease in the CAC 40

Crossroads outperforms the market, up from 5.74% to 40.44 euros.The group presented a plan to revive its hypermarkets which should cost about 1.5 billion euros. By early 2012, the number two global retailer plans to convert or renovate its 500 hypermarkets in five countries as France, Italy Spain, Belgium and Greece. The group is also considering the future of its deep discount.

Always on the CAC 40, the bank is well oriented including Credit Agricole rises of 2.23%, Societe Generale, 1.22% and BNP Paribas, 1.16%.

Renault (1.22% to 36.115 euros) proved more upbeat Thursday about the evolution of European market in 2010 than it was in July.He believes that the market decline will be closer to 7% to 9% in 2010.

GDF Suez (+0.42% to 25.995 euros) and the Italian ACEA said Thursday it had reached a preliminary agreement to settle their dispute over their association in Italy.

Out CAC 40 climbed 2.27% Auplata to 3.15 euros, while gold has registered a new record Friday morning at over 1280 dollars.

Traffic ADP (1.22% to 59,85 euros) increased by 1.4% in August compared to the same period in 2009. On the first eight months of the year, passenger traffic declined 0.8% compared to the same period last year.

Icade (1.64% to 80.70 euros) has announced the distribution of an interim dividend of EUR 4 per share dividend credited to 2010. The detachment of the interim dividend will be September 23, 2010.The land was announced in late July that it would distribute a deposit "of at least four euros."

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Automakers do they see light at the end of the tunnel with an improved car market? In any case, Renault is less pessimistic about the evolution of the European market for 2010. The Director General of the mark with diamonds, Patrick Pelata, which was banking on a far lower sales of new cars in Europe between "7 and 9% throughout the year," said one is "somewhat closer to a decrease of 7% today."

The leader believes that "we see less uncertainty about the end of the year we saw in the month of July." The latter has spoken of a "good news" on the sidelines of a ceremony at the Elysee fields held Thursday evening.

The time is not yet the euphoria bad credit personal loan lenders.Patrick Pelata indicates that the decline in sales on the European market "is still there" because "the structural drop (in Europe) due to expectations of purchases, which are made with scrap premiums, is there" and "It will take several quarters." He thus held that it was "too early" to discuss the crisis.

For 2011, Patrick Pelata table "a year quite uneven. Thus, "the game of Renault, is to offset that with gains in market share and sales are international, are doing very well," he said.

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For the second consecutive year, the Minister of Agriculture Bruno Le Maire had to give up visiting the booths of Space (Fair livestock Carrefour Europe) to Rennes. It is the agricultural meeting of school, go to for ministers. Three others are also expected by Friday, the closing of the fair livestock which expects more than 100,000 visitors.

330 million euros of aid

However Bruno Le Maire could rule under high protection of law enforcement, his much awaited speech by farmers in a relaxed atmosphere before an audience of several hundred officials handpicked. He announced a plan to aid the nearly 330 million euros 30 million to meet the challenges of the most vulnerable farmers and 300 million euros over three years to fund the development of industries.In addition, part of the CAP subsidies will be paid in advance, 16 October instead of early December, to again facilitate the cash breeders. The measure hailed by the majority union FNSEA and JA.

Anger

Outside, the atmosphere was quite different. Nearly 500 farmers from two minority unions for the Coordination of Rural and Peasant Confederation and the milk of the Apli expressing their anger at their lower incomes.

They tried every means to force the security gates including with coarse material exposure to invade the room where were the officials. A shot of tear gas they were repelled by riot police.

Arrival after 10:00, the Minister of Agriculture departed shortly before noon with the President of the FNSEA, Jean-Michel Lemetayer who is also chairman of the Space.They had lunch with all agricultural officials in a restaurant kept secret. The Minister has met with the demonstrators. After the minister left they came to stand in Hall 5 of the FNSEA and CNIEL (milk).

From our special correspondent in Rennes Eric Chesnay

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"Deepening the French-Chinese cooperation in urban transportation and aircraft construction." Thus, the transport minister, Dominique Bussereau, explains the reasons for his trip to China tomorrow. The Tribune on Monday also understands that this trip will serve to advance the current negotiations between Paris and Beijing on the sale of 150 Airbus aircraft for $ 16 billion at list prices. The new EADS shares surged in early trading on the Paris Bourse. The latter rises from 1.82% to 19.34 euros on a market up 1.14%.

According to the newspaper, the manufacturer is on the verge of selling to the Chinese authorities 120 medium-haul A320s and 30 long-haul (20 A330s and 10 A350s).So far, the A350 had been a memorandum of agreement but not an outright purchase.

These firm orders would be signed by November, as part of the visit of President Hu Jintao in France. If this order is realized, it should be the largest since 2007, when China had bought 160 aircraft from Airbus fast cash loans.

Wider Cooperation

Some sources close to the talks have told the Tribune that the figure of 150 would be only the low estimate. In their view, the order could amount to 200 aircraft, coupled with buying intentions five to ten A380s. So far, Airbus has sold only five copies of this aircraft to Chinese airline China Southern.

Through these discussions, France also hopes to advance the issue of Chinese medium-haul aircraft C919. Saffron has already been selected to provide engines of this unit.The government is now trying to convince the Chinese authorities to choose Labinal, a subsidiary of Safran, for the supply of cables. On this last point, Beijing requires the creation of a joint venture between Safran and a company based in China.

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