Posted by admin | Under business, economic, money, opinions, special
Thursday Feb 17, 2011
The Paris Bourse ends in a narrow green, having increased its losses to 14.00, a victim of publications of macroeconomic indicators disappointing overseas. The CAC 40 closed end up 0.02% to 4152.31 points, after a day marked by the publication of company results. The benchmark index in Paris marks a break on Wednesday after hitting its highest since September 2008.
Lack of conviction also on other major European markets. At the London Stock Exchange, the FTSE-100 rose symbolically, from 0.03% to 6087.38 points and the Frankfurt Stock Exchange, the Dax fell back from 0.12% to 7405.51 points.
Since Thursday, the macroeconomic news was mostly American, with the U.S., consumer prices have risen more sharply than expected in January.Larger increase than expected also for the weekly jobless claims, which rose from 385,000 to 410,000, against 400,000 expected by economists.
The composite indicator of economic activity, which anticipates the situation in the United States within six months, has also slowed sharply in January, according to the Conference Board, which bodes however still a continuing growth in addition Atlantic. Over a month, it rose 0.1% against 0.8% in December and 1.1% in November.
The only good surprise, the index of manufacturing activity from the Federal Reserve of Philadelphia (Philly Fed) has largely beaten the consensus in February to $ 35.9 against 19.3 in January, its highest in seven years (January 2004). Economists expected a virtually stable at 20.9.
In France, the number of start-ups fell by 10.2% in January compared to December, with a marked decline in self-creations outside contractors, INSEE said Thursday.
On the currency markets, the euro against the dollar resumed on Thursday, traders digesting mixed indicators in the United States, following cautious comments from U.S. Federal Reserve (Fed). Around 17:30 in Paris, the euro bought 1.3603 dollars against 1.3570 dollars late Wednesday.
On the corporate side, nine companies published on Thursday morning.Reactions to the Paris Bourse were divided: five were up (Capgemini, PPR, TF1, Schneider, Technip) and four declined (Eramet, BNP Paribas, Axa, Pernod Ricard).
TF1 takes advantage of the recovery in advertising market
Capgemini: + 5.71% to 42.13 euros – the largest increase CAC 40
The consulting group Capgemini and Computer Services posted Thursday a net profit in 2010 increased 57% to 280 million euros forecast for 2011 indicating a growth in turnover of between 9 and 10%.
Alcatel-Lucent: + 1.08% to 3.57 euros
Alcatel-Lucent is confident about its prospects in the U.S. this year, based on significant contracts with major operators in the country, Verizon and Sprint Nextel, told Reuters his director of the Americas.
PPR: + 1.90% to 115.35 euros
PPR has reported an annual net profit up 1.4% to 965 million euros, while its turnover in 2010 rose 7.5% to 14.6 billion euros. The distribution group and luxury is confident to achieve this year's financial performance than those of 2010.
TF1: + 2.95% to 14 paperless payday loans.81 euros
TF1 double its annual net profit to 229 million euros thanks to the upturn in the advertising market. The group chaired by Nonce Paolini expects a stagnation in sales 2011, after it rose 11% in 2010.
Schneider: + 2.56% to 118 euros
Schneider Electric has published on Thursday a net profit doubled in 2010 to 1.7 billion euros.The group targets a growth of 6 to 9% this year, a margin which improved to reach 15 to 15.5% in 2011.
Lagardère: + 0.98% to 33.40 euros
Canal + France said it had registered Wednesday its core document with the AMF, to an IPO in Paris on 20% of its capital owned by the Lagardere group.
Eramet: -3% to 268.35 euros
The mining group has annual net profit of 328 million euros against a loss of 265 million in 2009 thanks to growth in emerging markets and strong sales growth in the fourth quarter, "he said Thursday.
BNP Paribas missed market expectations in the fourth quarter
Pernod Ricard: -3.78% to 67.96 euros – the largest drop CAC 40
The wine and spirits group Pernod Ricard said Thursday net results in increase in the first half of its fiscal year offset.
Axa: -2.01% to 15.66 euros
The insurer Axa in 2010 recorded a net profit of 2.749 billion euros, down 24%, affected by special items related to divestitures in the United Kingdom, according to a statement released Thursday.
Technip: + 2.11% to 74.44 euros
Technip table for this year on a turnover of about 6.5 to 6.7 billion euros and an operating margin Subsea (subsea infrastructure) above 15%.
BNP Paribas: -0.61% to 58.614 euros
2010 net earnings of the banking group was up by 34% to 7.8 billion euros.However, BNP Paribas has missed market expectations in the fourth quarter, after a depreciation in its accounts unexpectedly on its stake in Axa.The number one European bank in its wake other banks: Credit Agricole, which publishes Thursday – yields 0.98% to 12.09 euros and Natixis – which reports Friday, February 25 – was down 0.50% to 4 , 14 euros.
Societe Generale said Wednesday that profit climbed above expectations of 0.23% to 51.236 euros
Alstom: -0.29% to 42.88 euros
The European Railway Agency in March will make its technical opinion on the circulation of new types of trains through the Channel Tunnel, which will build review the Franco-britaninque responsible for settling the case, said Wednesday Thierry Mariani.
Scor: + 0.19% to 20.94 euros
Scor announced Wednesday the sale of its fixed annuity in the United States to Athene Holding for 55 million dollars (40 million).
Saft: -0.62% to 27.84 euros
Saft has announced an acceleration of its business in 2011 but a slight margin decline due to one of its plant projects in the United States.
Icade: -1.35% to 80.95 euros
Icade intends to continue the service sector of its activities with delivery over the next several years of its pipeline projects valued at 900 million euros.
After market, Eutelsat will publish its first half results.
Posted by admin | Under business, money, people, publications, technology
Sunday Jan 16, 2011
According to the letter dated Friday, brought to the attention of Figaro and sent by registered post to "senior position III C" holding the position of "Director of Front vehicle projects since 2006, the automaker said it had received" an anonymous tip involving namely, because (his) supervisor, Mr. Balthazard and indirectly Mr. Tenenbaum, Deputy Program Director electric vehicle "indicating that they have received" bribes ".
Explaining having initiated an investigation, "the responsibility of the compliance" of the company, submitted on January 6 in the "Compliance Committee" – editor's note: "Ethics" – Renault wrote that it "appears from these investigations than have "received money from foreign sources, leading to the conviction, given (its) responsibilities in a vital area for the future of the company (he has) given in exchange of strategic information for the company. "
Renault estimates, without providing details, that "these extremely serious acts indicate an intent to harm the company and constitute a serious and obvious to (its) obligations of confidentiality and loyalty to the company (..)»..
"My client knows nothing about the case against him"
Considering himself "unfairly hurt," Rochette Bertrand decided to strike back against the voices of his lawyers.
His advice Me Christian Charriere-Bournazel, intends on Monday sue for libel direct quote non-public proceedings before the police court. It refers to "the signer of the letter and the Renault is civilly liable," said the former president of the College. "I want to hold those responsible for the Renault to give us what they consider their evidence, since they did not have the reflex to give live to debate as they are now break the life of my client without having taken the precaution to say exactly why. "
In addition, Ms. Charriere-Bournazel has announced its intention to go as fast with Jean-Claude Marin, Public Prosecutor of Paris to learn the specifics of the complaint filed Thursday against X by Renault for "industrial espionage ."My client knows nothing about the case against him, he is put in food to the public and must be justified on the facts which we understand nothing, tenor Parisian rebels. We feel the heart of a trial of the largest Soviet era … "
On the social side of the record, My Marie-Sophie Rozenberg and Sabrina Gabyzon will enter into early next week the Industrial Tribunal to contest the dismissal of Bertrand Rochette saying that "the contents of the letter does not state specific allegations and Renault is based on mere belief can not justify a serious fault fast cash advance. "Both lawyers complain that the disciplinary procedure of the manufacturer is "based on an anonymous letter that does not ensure the reliability of the informant and that does not even mention Bertrand Rochette."
Accused of having opened an account in Switzerland
The executive in question, who maintains his innocence, had written to the director of executive management and senior officers of the Board a letter of two pages including Le Figaro has obtained a copy. Bertrand wrote Rochette being summoned by Patrick Pelata, CEO of Renault, Monday, Jan. 3, for a meeting on "management of the architecture of new vehicles.""So I was very surprised when Mr. Pelata me immediately announced that misconduct had been alleged (..) and that the company had evidence that I was involved in a case industrial espionage related to the electric vehicle with the key money and foreign powers. "
After being escorted from his home by Mark T., a former member of the Police Department for the Protection of the group, Rochette Bertrand says he was "accused of having opened an account in Switzerland on which corporation shall have been made in consideration confidential information that I trasmises to third. Marc T. reportedly said "they had evidence of what he said." "All this is strictly impossible, I suggested to Mr. T. to go to Switzerland to check up on conditions under which this alleged account was opened. "
Remembering be gone the next day early in the afternoon on the TGV to Geneva with Marc T. and one of his colleagues, Bertrand Rochette ensures arriving too late to see this bank account which he repeats all ignore. "It was decided to spend the evening and night in Geneva. Mr. T. we suggested a drink and dinner together, "says Bertrand Rochette. The next morning at breakfast, it was agreed that Messrs. T. and G. pass me up at my room in 10 hours. It was only 11:30 that these gentlemen have "reappeared" and informed me that the visit to the bank, which I still do not know the name, was canceled and we returned to Paris on the orders of Renault .. " This trip would have made abortion "qu'accuenter the nightmare" of the framework in question.
As part of his "dismissal for gross misconduct," Bertrand Rochette was served Friday the obligation to surrender on the field its "laptop, badge, car, mobile phone, credit card, and all business records (he) might have kept. "
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Posted by admin | Under Uncategorized, business, finance, news, top news
Thursday Jan 13, 2011
U.S. equity markets continued their forward march. On Wednesday, the Dow Jones closing at 0.72% up to 11,755 points in early trade. For its part, the Nasdaq gained 0.76% to 2737 points while the S & P advance of 0.90% to 1286 points. Tuesday, Wall Street was also closed in the green. This is the highest level recorded by the New York Stock Exchange since August 2008.
On the foreign exchange market, the euro goes up the slope against the dollar. He crossed the $ 1.30 increase in the dollar to 1.3131 at the close of U.S. markets.
On the macroeconomic front, investors were waiting in New York specifically to the conclusions of the Fed's Beige Book. These were more optimistic than previous ones.The Fed remains cautious on employment and real estate, notes, however, signs of renewed growth since late 2010.
Moreover, the positive outcome of the bond of Portugal, which has already drawn up European markets, helped to maintain the indices in green throughout the session. "For once, Europe has led us in the right direction, which had not happened lately," noted Volokhine Gregori, of Meeschaert New York."Everybody gets carried away by seeing the news from Europe are good", also confirmed Mace Blicksilver of Marblehead Asset Management.
"The upward trend started earlier this year and stopped by concerns for issues of debt in Europe, took over, supported by the publication of the Beige Book," observed Volokhine Gregori.
Also on the macroeconomic front, import prices showed a net gain in a year in the United States in December, due to the continuation of soaring energy prices. According to figures released Wednesday by the Ministry of Labour, they rose 1.1% while economists had forecast a rise of 1.2%.
Finally, the budget deficit fell in December to $ 80 billion, or 12% lower than December 2009, monthly figures show the Treasury on public accounts.The decline is consistent with the median forecast of analysts.
Chevron profits up to
The side of values, after award, the American oil company Chevron (+0.69% to 92.46 dollars) has indicated that it expected higher profits in the fourth quarter of 2010 than in the third, thanks to higher crude oil prices and an assignment. Chevron reported net earnings of $ 3.8 billion for the third quarter 2010 quarter ended Sept. 30, down 1.6% year on year, reflecting a negative currency impact.
Also in the oil sector, the National Commission to investigate the causes of the explosion of the oil rig Deepwater Horizon in the Gulf of Mexico in April 2010 urged the creation of an independent agency responsible for security offshore operations.The Commission report provides a roadmap for Congress to initiate multi-sector reforms. It will be presented to committee in the House and Senate from 26 January.
For its part, the banking sector has responded positively to the latest report from the American Bankers Association (ABA), which suggests that the default rates on consumer loans rose slightly in the third quarter. Sector values are in the green image of JP Morgan earns 2.57%, Morgan Stanley is 2.68% and Goldman Sachs ahead of 1.30%.
The automotive sector also remains in the spotlight, while the show continues manufacturers in Detroit.The new boss of General Motors (-0.39% to 38.60 dollars) Dan Akerson announced that his group plans to produce this year about 25,000 Chevrolet Volt, its new hybrid vehicle electric motor.
AIG is selling its subsidiary in Taiwan
In the insurance industry, AIG (-1.12% to 58.38 dollars) said it had received an offer from Ruentex group for the redemption of its insurance business in Taiwan (Nan Shan Life Insurance) for $ 2 , $ 15 billion.
The CEO of Sanofi-Aventis said he did not know how far he would go in its discussions on the purchase of Genzyme. For its part, the U.S. Biotechnology company Genzyme (stable at 72.34 dollars) ruled that discussions with Sanofi-Aventis had made progress, but that they remained technical in nature. Genzyme has revised downward its outlook for 2011.
In the coming days, the dance of results continues on Wall Street. Among the heavyweights of the coast, Intel will announce its results tomorrow, and JP Morgan Chase Friday.
Posted by admin | Under Uncategorized, economics, events, features, money
Thursday Dec 30, 2010
Fighting poverty other than by gift, microcredit splint it for over thirty years. Microfinance institutions (MFIs) provide financial services primarily to small loans but also savings or insurance, those excluded from the formal banking system. Microentrepreneurs and have the means to create their own businesses, improve their living conditions and perhaps create jobs. But the year just ended was one of the difficulties for this model which has 150 million microentrepreneurs worldwide.
In 2010, the microfinance sector has indeed been affected, delayed by the global economic crisis.Jacques Attali, President of PlaNet Finance, the first microfinance institution in Europe, and Maria Nowak, founder and president of the Association for the Right to Economic Initiative (ADIE), formed in 1989 and a pioneer of microcredit in France, stress that the crisis has led to a decline in purchasing power, which microentrepreneurs have suffered. With the increase in indebtedness, repayment rates have declined and Adie reported a decrease in loans for the first time in its existence:
India: financial excesses and mass suicides
The crisis was not the only issue in the recent difficulties in the sector. 2010 was also the year when the failures of microfinance have come to light. Since summer, the industry is going through an unprecedented crisis in its fastest growing market, India.In a country with 70 to 80 million microentrepreneurs, the sector appears new financial windfall. Some MFIs have transformed into for-profit investment fund lucrative. Wishing to improve their profitability to attract new capital, they have increased lending to creditworthy borrowers and their repayments demanded aggressively. Contrary to its fundamental principle, microcredit has acted as consumer credit or even used … to repay previous loans! The downward spiral began, suicides of indebted borrowers and harassed by MFIs have unfortunately made the headlines in Indian newspapers.
Symbol of that drift to the pursuit of profit, SKS Microfinance, MFI leader, went public July 28, 2010 to raise 350 million dollars (268 million euros).To Muhammad Yunus, the father of microcredit and Nobel peace 2006, the IPO was "fundamentally wrong and a bad signal. Microcredit should not be presented as an opportunity to earn money. It must first be used to create the activity, allowing the poor to have a job. "
Regulate the sector
The Indian state of Andhra Pradesh, which alone has recorded 85 suicides borrowers, has already passed a bill to prevent these abuses and to limit high interest rates. The regulation is precisely the key according to Jacques Attali, who remains confident about the future of the sector in 2011:
In France, the industry should also be revived.A recent amendment to the legislation authorizes the microloan effect between individuals, resulting in a rise of sites of "peer-to-peer lending" as Babyloan.org.
Large firms take over
But social economy is no longer the preserve only of those institutions or the state. Large private companies seeking to maximize their profits, in turn seized the subject and launch in partnership with other actors in the social business.
Such as microcredit, the objective is to fight against poverty. But this time, we see the big picture: multinationals are encouraged to use their skills and cash to complete a specific project. First example: in 2006, associated with the Grameen Bank, Muhammad Yunus, Danone yoghurt product sold around 6 cents in Bangladeshi villages.Since then, the social business has invested in other areas: Grameen Phone, is a partnership with Telenor of Norway, became the first telephone operator in Bangladesh. For his part, Veolia Environment has partnered with the Grameen Bank in the field of water and Adidas is committed to making shoes at low prices for the Bengalis.
Virginie Seghers, a professor at the Institut d'Etudes Politiques in Paris, explains that social business is based on knowledge of field stresses the role of multinationals to improve their image and position themselves in markets that represent 4 billion future consumers :
France has put this principle into practice recently. For Martin Hirsch, the sector has experienced a real boom in France in 2010.The former High Commissioner for Active Solidarity, who co-chairs the pulpit "Social Business / Business and Poverty" HEC stresses the power and responsibility for these large companies to persuade them to embark on these projects:
Martin Hirsch presided today with Emmanuel Faber, Danone's number two, a partnership which has joined Schneider Electric for carrying out actions of social business in France.
For 2011, several projects will be tested: the creation of coupons for infant feeding products such as baby food and infant formula, a partnership with Essilor to reduce the cost of glasses and another with SFR to reduce the price Small telephone consumption. In one year, Martin Hirsch hopes to lead a dozen projects.
Posted by admin | Under business, economy, features, finance, top news
Saturday Dec 25, 2010
Closed Thursday because of holidays, the Tokyo Stock Exchange finished Friday's session down 0.65%. Investors, few, were defeated by Japanese securities firms exporting due to a resurgence of the yen vis-à-vis the dollar and euro.
At the close, the Nikkei index of 225 blue chips lost 67.29 points to finish at 10,279.19 points. The broader Topix index of all titles of the first table on his side finished the day down by 4.12 points (-0.45%) to 901.66 points. The trading volume was very low on the eve of Christmas, with only 1.28 billion shares traded on the primary market.
The Tokyo Stock Exchange was closed Thursday as the dollar and euro have weakened significantly since Wednesday against the Japanese currency, the first falling to less than 83 yen and the second in the 109 yen.The rise of the yen hurts Japanese companies that sell to the outside, diminishing profits collected abroad and distorting their financial forecasts. Titles Kyocera and Olympus and have declined by 1.06% and 1.38%. The action, however, Toshiba gained 0.68%, the group announced that it would subcontract the manufacture of chips at South Korea's Samsung Electronics bad credit payday advance.
Crude oil prices mixed
Moreover, the Hong Kong Stock Exchange, which closed earlier Friday because of Christmas, finished down 0.30%, partly due to fears of a tightening of monetary policy in China.The Hang Seng Index lost 69.17 points to close at 22,833.80 points, for a limited volume of trade to 23.63 billion Hong Kong dollars (3.05 billion dollars).
On the oil market, crude prices were mixed Friday in electronic trading in Asia, suffering some profit taking after hitting the day before a new high for the past two years. In morning trading, a barrel of light sweet crude for February delivery yielded 13 cents to 91.38 dollars, one of Brent North Sea crude for February delivery gained 18 cents to 94.43 dollars. The previous day, oil had climbed to 91.63 dollars during trading in New York, and up to 94.54 dollars in London, levels last seen in early October 2008.Crude prices are supported by the "index of consumer confidence in the U.S., which suggests an increase in gasoline demand," according to a note from the Commonwealth Bank of Australia.
Posted by admin | Under events, finance, money, resources, special
Tuesday Dec 7, 2010
U.S. stock markets are changing slightly higher Tuesday, following in the footsteps of European stock. The Dow Jones 0.70% at 11,442 points, the Nasdaq rose 0.90% to 2618 points and the S & P500 lost 0.85% to 1233 points. On Monday, Wall Street had ended the session close to balance.
Today, U.S. markets should welcome the agreement reached Monday night between Barack Obama and Republicans on how to extend the tax cuts decided by his predecessor George Bush, who came to expire at the end of year. Initially, Obama sought to place under the condition of income tax rebates, reserving them for households earning less than $ 250,000 a year and individuals earning less than $ 200,000 a year. Under the compromise reached, all the tax cuts decided by George W.Bush will be extended for two years – including the richest. By ceding to Republicans on keeping tax cuts for the rich, Obama is likely to face resistance from the left wing of the Democratic Party. But the compromise provides for the extension to 13 months of unemployment benefits, an aspect that is likely to appease the Democrats.
On the foreign exchange market on Tuesday mid-afternoon in Paris, the euro bought 1.3377 dollars against 1.3304 dollars the previous day.
On the macroeconomic front, the only statistic of the day on Wall Street is indeed the evolution of consumer credit expected to 20h. Investors in the U.S. and Europe should remain alert to developments in the crisis of public debts in the eurozone.
Shortly before noon, the finance ministers of the EU have formally adopted the plan by 85 billion euros in Ireland, which becomes the second country in the eurozone after Greece to receive such external support creditreport. Unsurprisingly, the day before, the member countries of the euro area have failed to agree on an increase in the European Relief Fund or the creation of common bonds.
U.S. Treasury balances its stake in Citigroup
The side of values, the U.S. Treasury announced last night, leaving the capital of Citigroup, with the sale of its shares at recent unit price of 4.35 dollars below the closing price (4.45 dollars ) for a total of 10.5 billion dollars. The total investment of the federal state in Citigroup had risen to 45 billion dollars, in order to avoid sinking into a financial crisis in 2008.He not only recovered the initial investment, but also an additional $ 12 billion in dividends and interest
For its part, the president of Kellogg's announced departure is the manager of the group from 1 January 2011. The group also reaffirmed its earnings guidance per share for 2010 and 2011.
Always on the side of values, ING Group and Toronto-Dominion Bank would be negotiating with private equity fund Cerberus to buy Chrysler Financial Management Corp., noted experts from Aurel BGC. The fund had acquired 80% share of Chrysler Financial for $ 7.4 billion in 2007.Chrysler Financial has $ 2.2 billion of liquidity.
Also note, the liquidator of the Madoff, seeking to recover funds lost by victims of this gigantic scam, said he demanded at least $ 9 billion to the British bank HSBC and various related entities. Last week, Mr. Picard has already claimed $ 6.4 billion to U.S. bank JP Morgan Chase, and last month two billion dollars in Swiss bank UBS and associated funds.
Posted by admin | Under life, news, people, special, world
Saturday Nov 20, 2010
A "rain tax", according to the MEDEF Ile-de-France, will fall on taxpayers Ile! While the blur still exists on the route of the future great transportation network that will surround Paris – the public consultation between the projects promoted by the government supermétro or Arc Express defended by the region being scheduled until late January – the Society of Grand Paris "(GSP) sees its primary sources of funding become clearer.
The draft supplementary budget of 2010, introduced Wednesday in the Cabinet, proposes several new "tax provisions" for the fund. If companies in Ile-de-France are the most directly affected households will not be completely spared. They finally escape the tax, however, voted earlier this year on real estate gains that would be carried around the network.But it is replaced by a "special tax for specific equipment in Greater Paris", which will affect households or businesses owners. It will seek "the direct or indirect beneficiaries of the network implementation of the Greater Paris", that is to say, homeowners or offices near future stations. Its amount is not yet known but it should be relatively significant as this tax should bring in 117 million euros per year, according to management.
Tax provisions
The other two tax provisions proposed for the GSP only apply them as businesses. The first is to "modernize the tax office, a tax that only affects businesses in the Paris originally created tax incentives for them to move east of Paris rather than west.According to Jerome Dubus, Executive MEDEF Ile-de-France, "the provisions envisaged in the supplementary budget amount to increase by an average of 40% the amount of that fee." Moreover, if the transport tax is ultimately not increased, there will still be amended so that companies benefiting from a network of transport links are taxed more than those who are distant. The precise criteria are not known, but the overall product will remain unchanged, the government promises. "We expect Bercy make public its estimates to have the heart net," warns Jérôme Dubus.
According to him, so they are almost 500 million that could be levied on businesses in the region. It will take at least that much to fund future transportation system. The draft supermétro carried by the GSP is estimated conservatively at 23 billion euros.
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Posted by admin | Under economics, opinions, people, publications, resources
Tuesday Sep 7, 2010
LE FIGARO. – The postponement of the age of retirement at age 62 is it inevitable?
Jean-Francois Cope. – It's the only possible attitude. The aim of this reform is the future of the entire pension system of our country. If we do nothing, the deficit will be 20 billion euros in 2010, 45 in 2020 and probably 70 in 2030. All reports conclude that the impasse, and all other European countries have faced this challenge by raising the legal age of retirement at 65 or 67 years, as in Germany, Scandinavia and Spain. I do not see any political leader worthy of the name could sidestep this reality.I understand that this may cause concern and annoyance, but there are facts that can not be ignored.
What will a government project can be improved?
The arduous, long careers and polypensionnés are three areas where progress is possible. We have highlighted the problem of hardship and that of older workers at a forum Generation France on the theme "Working more to earn more together". The hardship is not a question that deals with the day of retirement, but throughout life. If it pushes the age of retirement at age 62, is a new report by the French company to work he must create.Public and private employers will have to devise a new career stage, not early retirement.
The left and the unions say that Eric Woerth is not able to defend this reform. What do you say?
I am absolutely appalled by the attacks Eric Woerth victim. I never spared him my support. He is the man of the file. We need it. I deeply regret that the unions have felt that Eric Woerth was not available to conduct necessary reform. I do not understand this position is not consistent with the tradition in France Association. For our part, we are very mobilized. I gathered from that morning UMP to demonstrate our total determination.The central question I ask throughout the debates, is simple: assuming that the left would come to power in 2012, she would, as said Martine Aubry, the legal age to 60?
Jean-Marc Ayrault, head of the PS deputies, said he wants to discuss "proposed project cons …"
I do not believe. I heard only one proposal in the PS, one to increase taxes and taxes of 40 billion euros to finance pensions.
Claude Gueant sees an act of "allegiance" in the forum that you published Saturday in Le Figaro Baroin, Bruno Le Maire and Christian Jacob. Do you agree?
This is not the word I would choose. I prefer to talk about commitment.We want to make the maximum contribution to the re-election of Nicolas Sarkozy in 2012, working for and with him on policy messages that will have to send the French.
In this text, you still advocating a change in governance …
This is not a criticism No teletrak payday loan. It seems interesting to consider a method that would allow us to get out of this climate in which any change was experienced front, divisive and aggressive. We will also devote a forum Generation France in this topic in November. One track is to foster a participatory approach, using new communication tools like the Internet. We must also rethink the relays that are political parties. Currently, they are far too centralized.
You wished that the UMP was "revitalized".This is a nomination as Secretary General?
It offers a service that I have made Nicolas Sarkozy, pointing out that, whatever the functions that I exercise or I will, I commit myself totally to him for his reelection. With many of our friends members, we want to do more and better for him, especially within the party, which operates somewhat separate. But it only makes sense if the president wants.
You criticized the distance taken by François Fillon with new measures against crime. You said you're with him?
Do not overdo it.But this is not a trivial prime minister says he would not have chosen the same words, so that during the summer, what are the words that have polemical.
On security, others in the majority expressed reluctance …
I have no problem with those who express their differences. All 316 UMP deputies have their experience, their vision. I always made sure that everyone can express themselves within the group, but on one condition is that on the essentials, everyone is together. However, more surprisingly and increasingly complicated when the ministers express their differences.
And when it was Alain Juppe?
He said he could have signed our forum and I was extremely sensitive to its statement. We have many similarities, although the security we are not quite on the same line.Our law has long provided the possibility of falling from the French nationality who commit serious crimes. The left had limited this possibility to those acts of terrorism. I am not opposed to that measure to be extended to those who are seriously undermining the trustees of public authority that include the police and the police. As for the policy vis-à-vis the Roma, I recall that the exclusions are the result of court decisions aimed at people who illegally occupy land illegally. On behalf of what these individuals be treated differently from other illegal immigrants? It is time to end the hypocrisy festival this summer!
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Saturday Sep 4, 2010
"All signs would like to do bio. Alas, it is not found! "Lamented one of the major buyers. If the consumer is very aware of the organic, the supermarket buyer runs into a harsh reality that organic represents only 3% of the French, and it can not meet demand. But for a wine to be present in all stores of France and Navarre, supermarkets must have large volumes, which is a strong constraint and directs all its procurement strategy.
With a shortage of organic wines, only a few snipers are emerging as Rebourcet Aude, engineer and winemaker agro Franprix: "It has been several years that I track and I put them in value, like young winemakers elsewhere.Results of this long-term, the company offers a beautiful range of organic designations in some run, so the wines at reasonable prices.
Prizes! That is the watchword of wine fairs, their only real competitive advantage, but a trump card that takes on even more importance in times of crisis. All the signs highlight: "Half of the wines at low prices and 200 good shots below 5 euros" for Carrefour, "70% of wines sold at less than 8 euros" for Géant Casino, which still leaves champagne, sparkling wines, natural sweet wines and great statistics to make the most beautiful bride.
As every year, wine fairs begin very early, in late August for more agile, on 7 or 8 September for the most part. Only Leclerc, who launched the concept of wine fairs in 1973, is a follower of late start, Sept. 22 to be exact.The brand leader in wine fair opportunity to test some innovations, such as screw caps on five wines, the BIB (Bag-in-box three liters), which is a first, and also five certified organic wines .
While diversification efforts are important, the great Bordeaux are the main attraction of wine fairs no fax payday loan. William Halley, both the owner of Chateau La Dauphine Fronsac and Carrefour Market Caudéran near Bordeaux, one of the finest wineries in France, says, "The Bordeaux 2008 offer one of the best value for money for a long time 2007 and many are sold at cost. "
Faced with the incredible rise of Bordeaux 2009, which are also far from being sold, prices are particularly attractive large 2008.Many signs, such as Auchan, offer superb raw classified thirty euros, it is important not to miss. It is even great Sauternes 2007, a vintage largely up to the 2009, which have often increased by over 50%. The wine fairs in 2010 are an opportunity, perhaps the ultimate, to populate their cellar with vintage Bordeaux, which will delight the table during the next twenty years.
Faced with the constraint "large quantities and good prices, which greatly limits the choice, supermarkets gradually loosened the shackles limiting the famous" national offers "implied wines available at all stores, in favor of a regional offer more and more complete. This strategy has a double advantage.It allows one hand to distribute wines available in smaller quantities, limiting them to certain areas, thereby loosening the constraints of volume.
The regional supply also has the effect of flattering the customer by offering a wider range of wines from his region. Admittedly, this offer violates the basic rule of retailing is to offer the same products in all stores. But given the relative lack of large units for sale at the periphery in favor of the stores downtown, wine fairs beyond any logic. Moreover, contrary to all predictions of doom, wine fairs are worn as a charm.
Posted by admin | Under economic, events, finance, news, world
Thursday Sep 2, 2010
As announced last week by Marc-Philippe Daubresse, Minister of Youth and active solidarity, the Solidarity labor income (RSA) is now extended to young workers under 25 years. "This means concretely that the first beneficiaries will receive their allocations on October 5," said Minister of Youth and active solidarity. This provision of the plan "Action for Youth was announced September 29, 2009 by Nicolas Sarkozy during a visit to Avignon and is intended" to accelerate the return to employment for young workers. " It is aimed at young people aged 18-25 who worked at least 3,214 hours over three years. Either two years full time in the last three preceding the application.
"All periods of employment or self-employed are taken into account," said Marc-Philippe Daubresse.Namely contracts alternately, learning, CDD, CDI, or temporary assignments. The periods internships, volunteering, civil service, however, are not integrated. As for periods of unemployment compensation, but also redeployment agreement under Custom (PRC) and contract of employment transition (CTP), they are neutralized to a maximum of six months, increasing the period of 3.5 years, at most.
460 euros per month
The amount of "RSA young" is established on the same basis as the RSA and therefore calculated based on income and family status. Specifically, a person younger than 25 years without work and without any resource having worked for two years and exhausted entitlement to unemployment benefits will receive an allowance of 460 euros per month.As a young active with two years experience and who receives income of 500 euros per month with no other resource, he will receive a check from the state of 215 euros per month.
A communication campaign (posters, radio spots, web banners, flyers …) – with, as its slogan, "the RSA today is to young" – will be launched in early September to reach the target. However, considerable uncertainty remains about the number of beneficiaries and the overall cost of the device. The Elysee was banking on 160,000 eligible youth and a cost of 250 million full year.But the minister refused to confirm those figures.
"I reject the goals that we can not reach because I am a scientist," he said, calling the figure of 160,000, publicly reaffirmed on Feb. 24 by François Fillon, the "wet finger in the forecast." His services admit, however, that RSA is expected to cost 80 million young full year and thus ultimately benefit at much less than 100 000 young people.
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