Posted by admin | Under economic, features, international, news, technology
Monday May 20, 2013
Posted by admin | Under Uncategorized, finance, money, news, publications
Tuesday Apr 30, 2013
The energy figures prominently in the official menu of the European summit on Wednesday. More reason to make its voice heard: this is the strategy followed by all the major energy of the Old Continent (E.ON1, GDF Suez2 Enel …) which, once will not hurt, will advance to grouped part of their claims to the Commission.
Their message is clear: the security of energy supply in Europe is in danger. They call with Brussels. The causes of this crisis are legion: drastic drop in investment in major infrastructure projects, the lack of a clear regulatory framework, while the relative weight of a common energy policy … "In short, a lack of visibility patent even though these giants to operate effectively, require a number of signals they are not today, "said an industry expert.
These giants are even more tense they are faced with a series of recurring difficulties: their share price is at a low point, their debt has exceeded acceptable limits to investors – forcing them to close programs asset sales – and their industrial tool is put to the test: several production plants either closed or are mothballed for lack of sufficient profitability.
In the latter case, it is most often combined cycle gas plants (CGG), victims of the development of gas schiste3 in North America. Not only the gas is now four times cheaper overseas in Europe, but the strength of this new resource, the United States can export massive amounts of coal. These are used to power plants for electricity production in Europe at much more competitive than gas for CGG, forced out of business prices.
Open shale gas door
"The result should taste the paradox, a country like Germany has never been so turned its coal while supporting high dose renouvelables4 its energy industry," said an executive from a European company. Do not believe the accelerated development of green energy gathers widespread agreement: the thermal (gas or coal) are necessary to compensate for the intermittency of solar and wind power. However, in Germany, production of renewable has reached such a volume that investing in classic, essential but expensive to build power plants, is no longer profitable make quick cash. Deadlock with worry all electric and gas companies.
In this week sent to the Commission in writing and oral message, these companies will demand careful monitoring of energy financing: these include ensuring that the subsidy system for renewable energy creates no distortion competition from one country to another. Industry giants also want the carbon market, including emissions trading, more readable, less expensive and more efficient. Finally, they want are encouraged investment in the means of production can meet the peak demand.
In addition to these major issues, and it is not the slightest difficulty, each country tries to move on its own sites. In Germany, the development of networks to connect the north and east of the country, where it produces wind and solar, south and west, where are the largest and most energy-intensive industries, is critical to the success of the energy transition: the country has decided to stop by 2022 all German nuclear power plants and increase the share of renewable energy to 40%.
According to the plan of the federal government, 4000 kilometers of lines must be optimized and 1,700 km of electric "highways" to be built by 2022. Berlin wants to share with its European neighbors the cost of developing networks for the transport of renewable energy on the continent.
Moreover, Germany is changing in favor of the exploitation of gas schiste5 to contribute to security of supply and stability of energy prices. Chancellor Angela Merkel6 should note with satisfaction that the European Commission, in its préconclusions the summit on Wednesday, talks for the first time, the possibility of using "more systematically" to energy sources 'native', a word code of Brussels to discuss shale gas.
If it is nowhere mentioned that we should explore the potential of shale gas in member countries – a taboo in France – is a door ajar in Brussels. Will add a new subject of controversy in the complex landscape of energy developments.
Under cash advance
loan facility borrowers are not required to fulfill tedious faxing process.
Posted by admin | Under economy, news, people, resources, special
Friday Mar 22, 2013
1 May each year the same question arises: thrush will he go to? This flower symbolizes happiness and Labor Day will be well represented on the shelves despite unfavorable weather conditions. The lack of sunshine and the longest winter temperatures could have upset the output of marketable land this herb with minimum 6 bells for the second choice, but may contain up to 14 bells for the extra quality. "The crops are finally gone well," said Patrick Verron, technical advisor to CDDM (Departmental Committee of vegetable development) near Nantes, a region that produces 40 to 45 million stems of lily per year, or more than 80% of the market French, the rest, nearly 15 million strands from Bordeaux. "We had four warm, sunny days during the second half of April which allowed the thrush to point out good amount", for its part, continues Jean-François Vinet, president of the Federation which produces vegetable Nantes two sites half volumes of the Nantes region.
Consumer side, "prices are stable this year to a thrush of very good quality, with perfect maturity, says François Gérard, wholesaler at Rungis Plantassistance. With the 1st May which falls in the middle of school holidays, Parisian florists were more reserved in their control levels and prices will remain wise, between 0.75 and 2 euros bit of preparation and the number of bells. "
Beyond the symbol, thrush is a real market. Indeed, in its latest barometer, TNS Sofres believes that individuals bought 35.9 million of thrush in 2012 increased by over 10% compared to 2011. These figures do not include purchases made outside the commercial circuit as sales on the street by individuals or associations … "We sell in France nearly 60 million blades per year, about one in French on average," says Patrick Verron. In total, with an average purchase price of 1.5 euro, the market is worth over 90 million euros which must be added the wood thrush "which represents roughly 10% of this amount," said Patrick Verron, representing a combined market of 100 million euros.
Posted by admin | Under economics, economy, news, opinions, publications
Thursday Feb 14, 2013
This is the boost that we did not see it coming in the recovery plan presented Thursday to the building Alfortville by François Hollande. Low-income households whose income does not exceed € 35,000 annual net can receive assistance from 1350 euros to better insulate their homes. An open for two years, from April until mid-2015. This bonus will be financed by drawing 500 million appropriations for future investment program initiated with the large loan.
For the rest, almost everything was already known. Attempt to stop the bleeding of jobs in the building and build 500,000 homes per year not to mention the energy renovation of 500,000 apartments or houses old François Hollande will play on two levers: a boost fiscal first. "The rate of VAT on social housing will be lowered to 5%, said the president. This measure will apply to all deliveries will take place from 1 January 2014. "Clearly, the operations already launched today. The government expects that it will build 22,500 additional social housing per year. This measure relates to the construction but also the social housing renovation cost 660 million to the state.
Other additional expenses even if the amount is not yet known: "We are going to define an appropriate tax return for institutional investors in housing," said the president. To initiate movement, CDC (Caisse des Dépôts et Consignations) will launch the construction of 10,000 housing intermediate this year. In contrast, the reduction in VAT to 5% for energy renovation, expected by professionals, is not on the agenda. For reasons of budgetary rigor.
Orders this summer
All other actions will not cost a penny. Their goal? Build faster. For example by hunting against abusive use building permits or suspending for two years the standards for construction. Two patients treated with orders issued this summer. Other tracks followed by the government: to promote the conversion of offices into housing or help build earlier in the tense areas. Solutions in his time the Fillon government had also planned.
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Posted by admin | Under events, money, news, publications, top news
Monday Feb 4, 2013
January Fasen is the ideal suspect. The name of this Dutch trader arrived Wednesday in the heart of the investigation into the scandal of horsemeat Romanian dishes found in "pure beef" in Europe. This leader Draap Trading Ltd.. recognized in The Guardian have bought through this company, horsemeat slaughterhouses both Romanians involved in the case and have sold a portion Spanghero transformer French meat including providing Findus and Comigel. The man defends himself but in trying to get the "ore horse," a mixture of lean, fat and collagen chopped for beef.
The bad reputation of January Fasen casts doubt on the legitimate vehement denials. The Dutch television channel NOS recalled that the man has already been convicted in January 2012 for buying hundreds of tons of horse meat in South America and have sold to two buyers under the French label "beef". The trader had falsified documents and then pushed up to the deception labeled "halal" on certain lots. This time, the meat was transported via a company bearing his name, Fasen Meat Trading BV, and that of an accomplice, Windmeijer Meat Trading BV. The Dutch authorities had then tried unsuccessfully to recover 3.8 million of alleged ill-gotten gains made by these companies.
Draap an opaque society
The Minister for Consumer Affairs, Benoît Hamon, said Wednesday in Brussels today that he would "get more information" about the company Draap – whose name means horse upside Dutch. The greater opacity rule in effect on this company based in Limassol, Cyprus. According to The Guardian, the sole shareholder of an offshore company is based in the British Virgin Islands, Hermes Guardian Ltd., Which owns shares in a dozen other companies, Cyprus, Russia and Panama.
A cold Dutch manager has meanwhile identified January Fraser, one of his "small" customers, as the owner of the company Draap. It operates according to him via a postal box at Scholten, Belgium. He confirmed that the meat of this company, mainly horse had passed through one of its refrigerated warehouses in Breda, the Netherlands, and health services inspectors came to inspect Wednesday.
January Fasen not deny these purchases and take advantage of the media forum hosted by The Guardian to defend its Romanian suppliers. "When they sell beef is beef. No worries. When they sell the horse is the horse. There has never, ever had a horse sold as beef. I was 100% sure to buy the horse. We sold in France as well as Spanghero customers in Belgium and Holland as the horse. There is no problem. Someone made a mistake and it is definitely not us. "
Le Parisien also reveals Thursday invoices confirming that the horse meat labeled as such has been purchased by the company Spanghero Draap. The French company, however, assures the daily that "all bills affected batches were sent to officers DGCCRF" and that she "never received bills Draap Trading on horse meat."
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Posted by admin | Under business, finance, news, people, top news
Sunday Feb 3, 2013
It is through them that the financial crisis in the euro zone broke out in 2009 and they are now much better. In any case they have improved their competitive position externally. The S & P address praises the five most indebted countries in the eurozone, Spain, Estonia, Greece, Ireland and Portugal.
"They are trying to rebalance their economies faster than we anticipated," said the rating agency, in its annual survey on the rebalancing of the peripheral countries of the monetary union.
Better, "with the notable exception of Greece, it is the leading export this adjustment, while unit production costs amount to more competitive levels," said Frank Gill, an analyst who led the work.
Ireland shows a performance described as "exceptional"
So very significant S & P puts aside the problems of public finance to focus exclusively on the problems of competitiveness, especially in a monetary union are essential. The study takes into account four criteria: improving the balance of payments, the growth of exports compared to 2008, labor costs, as well as foreign investment in the country expressed its attractiveness.
Total Ireland shows a performance described as "exceptional", and to a lesser extent Estonia. These two countries are recognized for 'flexibility and openness of their economies. " The Irish, who made the biggest sacrifices wage not only exports up sharply, but they are supported by large foreign investments in the information technology and also in the banking sector.
Spain has a fast reboot "of its exports of goods and services, 19% higher than their 2008 level." Thus, "for the first time in 14 years, the country has a surplus in its balance of current payments monthly." In terms of labor costs, reduction reflects the rising unemployment much more than nominal wage cuts per se, tempers S & P.
Portugal meanwhile is characterized by a redeployment of its exports outside the euro area on "destinations such as China, Brazil, Angola, Mozambique and the United States." Total sales abroad should be increased by 40% in 2013 compared to 2008.
Greece is still lagging behind, despite a decrease of 9% in 2012 to wage costs. The improved external accounts reflected a contraction of more imports than exports increase.
For all five countries, financial markets gave rise to the acronym insulting Pigs (Pigs in English, Portugal, Ireland, Greece and Spain), the rebalancing of the economy towards the outside should be the pledge of "growth prospects" best.
Clearly remedies liver oil cod bear fruit. The rating agency remains cautious, focusing on two major drawbacks. On the one hand "the high unemployment rates – just under 27% in Spain, 16% in Portugal, 15% in Ireland – a threat to the cohesion of Europe." Moreover, export growth is of good quality, but there is a perverse aspect insofar as the export does not help improve the public accounts (exports are exempt from VAT).
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Posted by admin | Under features, news, online, technology, world
Monday Jan 28, 2013
The agreement to limit excess fees doctors will finally be implemented on the ground, but it has never attracted much opposition. Since its signing in October, two of the three doctors' unions have initialed the text have changed sides. And especially CSMF, the largest, which claims to be "into resistance" since Medicare has changed the text it validated "machine sanctions" in the definition of its implementing rules.
At the center of the problem, 150% intended to define an overflow considered abusive compared to Safely prices. The signatories felt that this ceiling should be a "landmark" and yet tempered by other criteria (location of the firm's reputation doctor …). But in the end, the 5% of physicians practicing overtaking the higher their department be questioned by the authorities.
If the interpretation of the agreement by Medicare seems much too harsh taste of doctors, it is not enough for patients. The Collective interassociative Health (CISS) denounces "a genuine license abuse" given to doctors. The influential association highlights including the famous 150% will be calculated an average "for an indefinite period." Clearly, physicians will continue to practice high levels of passing on part of their patient base (easiest) while exempting another.
A "bet" for additional
The plot thickens a bit more if we include the debate more than the opinion of some observers mixed, not least, in the industry business card templates. "We can share a doubt that there are many other sanctions and that sanctions if there are, they significantly reduce the overall level of overruns," criticizes Didier Tabuteau, Chair Health Sciences Po Paris. "Everything will depend on the application will be made by Medicare, agrees to share Brigitte Dormont, a health economist at the University of Paris-Dauphine. But the original text is not very dangerous for practitioners. Instead, it confirms that the excess fees up to 100% Safely prices are normal. "
The Economist refers in particular to the second part of the agreement on the contract for access to care. This will be offered from next week practitioners whose prices are less than or equal to 100% of the rate Safely. In exchange for reduced charges, the practitioner should moderate their prices, but it may break the contract after a year if not longer satisfied.
As for complementary health, they either do not believe that the agreement makes miracles. -They now call the "bet". It will actually wait until July to see if doctors adhere to contract for access to care. And even longer – six months or a year? – To see the first drop sanctions against doctors who "abuse".
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Posted by admin | Under business, features, money, news, resources
Friday Jan 25, 2013
Neither official statement or survey encrypted, but a feeling of relief shared by the 2500 economic and political leaders gathered for five days in the resort of Grisons. "The worst is over, and this is the first time I …
Posted by admin | Under economics, money, news, opinions, world
Saturday Jan 19, 2013
A device to replace the 75% tax on income in excess of one million euros, which was censored in December by the Constitutional Council, will be available "within a month maximum," has announced today 'Today the Prime Minister's entourage.
"It always works. Within a month we will have provided a device. " To the question whether the tax will be 75% well, entourage Prime Minister replied: "It will be what it'll be. We will not begin to list the devices, there are many. Imagination is the power, but the solutions must be legally sound. "
At the Élysée it was noted that 75% were "a symbol of the campaign. Everything will be done to put in place. The idea is not to move away. " In other words, the system used should not be a tax of 75%.
The "Elders" had rejected the election promise François Hollande on the grounds that the tax hit individuals and non-tax households.
These days, news reports, denied by both the Elysee Palace and the prime minister, was as a possible abandonment of the measure criticized by the employers.
"Within a month maximum we proposed a device," says a consultant who reiterated that this would apply in 2014 for 2013 revenue.
François Hollande said on January 7 that take into account the decision of the Constitutional Council but that the government would introduce "the time comes" a device incorporating the same objective, "in other ways."
January 6, Europe 1, the budget minister Jérôme Cahuzac explained that the tax threshold could be lowered: "It may be part of the parameters," he said.
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Posted by admin | Under economic, finance, news, people, resources
Thursday Jan 10, 2013
Soft, poulterer Breton in receivership, did not need it. Here it is hit hard by the decision of the European Commission to halve subsidies for the export of chickens, with immediate effect. "This decision will have serious consequences on employment in the Greater Western region already weakened. Several thousand direct and indirect jobs are threatened within the industry, "alert Poultry Coop de France.
The Minister for Food, Guillaume Garot is immediately stepped into the breach. "We disagree with this decision and we intervene directly with the European Commissioner for Agriculture to be reviewed or developed it," he insists, noting "the legitimacy to support a French poultry sector faces a very tough international competition ". The particularity of these EU subsidies is that they have only to France through two companies, Soft and Tilly-Sabco exporting frozen poultry to the Middle East in competition with Brazil and Thailand.
Last year, the two groups had received a budget of 50 million refunds, already down from the past. To prevent the sudden loss of half of the envelope starts to hurt their cash flow, "the Agriculture Minister Stéphane Le Foll, we organized a meeting on Friday between companies and services to help concretely" , says Guillaume Garot who has been fighting for months for the survival of Soft. According to him, a "lifeline" could come from the mobilization of tax credit competitive employment (Cice).
"The plan to restructure the food Garot
A "clash" unpublished. In a statement sent Thursday evening, at the end of an interruption of four-hour session during which the employers' delegation tried to agree on a new version of the text, the UPA has indicated its opposition to the project agreement on the table of negotiations on employment.
For her, the measures proposed by the MEDEF and CGPME are simply 'pride to large companies at the expense of 98% of French companies that employ more than half of the employees. " See artisans including a dim Article 1 on a generalization of complementary health to all employees not covered by a collective agreement. "We seek to understand this clash of the UPA, which had yet validated the text," stated a spokesperson Medef early evening, not only without specifying negotiators MEDEF and CGPME "defend SMEs ".
A new article, explosive
While employers are enferrait in a psychodrama which no one can predict the outcome – we just know that the signing of the UPA is not necessary for an agreement to be valid by three unions – the employee representatives examined the new draft agreement which was submitted in late afternoon. MEDEF and CGPME deleted their proposal to create a permanent project and shortened by one year (2017 to 2016) the obligation for companies to offer complementary health to all their employees.
They do not always offered, however, at least at this time of negotiation, the taxation of short-term contracts, to the dismay of unions, which are always a prerequisite for a possible signature. Icing on the cake, MEDEF and CGPME introduced a new article, explosive, which creates a "order of dismissal" to "focus on professional competence" of employees in the event of social.
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