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The anonymous CV will remain "a possibility among others", and will ultimately not generalized to all companies with more than 50 employees. In the law on equal opportunities in 2006, this measure of fight against discrimination is now increasingly popular. "I do not think the anonymous CV should be an obligation," said first Echos to the Commissioner of the Equal Opportunities Sabeg.

Before publishing the decrees of the device, the government had requested a progress report. By the Centre for Research in Economics and Statistics (CREST) ​​in conjunction with employment center, the evaluation was very critical.

In a note published in July and the conclusions of Crest, employment center points out that the anonymous CV does not improve the chances of access to interview candidates from immigrant backgrounds or areas sensitive urban. He even tends to reduce them: the anonymous CV, and diminish their chances by 9.6% to 4.6%.

Experimental bias

The organization provides two explanations for this paradoxical result. The first is that the anonymous CV would not allow the recruiter to put certain negative elements of the CV, such training less prestigious or less experience, according to social background or age of the candidate. Something that would naturally some recruiters.

The second reason to do more to challenge the findings.The experiment conducted between November 2009 and November 2010 would be biased as carried by companies sensitive to issues of discrimination, practices that would lead usually proactive in recruiting minorities. The anonymous CV so would deprive them of a way to diversify the profiles of their candidates.

One tool among others

Employment center stresses, however, that anonymous CV is generally less attractive to a recruiter a resume registered. Hence his concern that candidates applying via an anonymous CV will do also in turn be subject to discrimination compared to those who apply via other channels. All these observations lead the institution to question the need to generalize this scheme. A judge concluded that option "not possible".

Sabeg remember his part that "the government must decide" on this issue.But once staunch supporter of the measure, he argued today it remains a recruiting tool among many, "that some companies use successfully elsewhere," says he. To promote access to employment of diverse routes, employment center said meanwhile that other routes exist. Recruitment or without CV questionnaires skills are few.

The anonymous CV effective for women

If the anonymous CV is based on the Crest ineffective for candisats immigrant and Zus, it is however for gender discrimination. Indeed it has the advantage of counter behavior "hemophiliacs" recruiters. Behind this phrase lies their spontaneous tendency to favor the candidates of the same sex."When the interviewer is male, the probability for a woman to access the interview with a CV is registered 16.6 points lower than that of a man," is employment center. Recruiters prefer women as women, but to a lesser extent. The anonymous CV will reduce this inequality significantly, the study provides.

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Wall Street looks set to continue the rally that started in last weekend. On Monday, the Dow opens up 0.48% to 11,323.44 points. The Nasdaq index before for its 0.60% to 2522.93 points.

As in Asia, the U.S. markets should react positively to the announcement of a contraction much weaker than expected Japanese GDP in the second quarter. But as in Europe, they should remain cautious on the eve of an important meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel on the reform of the governance of the euro area. They should discuss ways to implement to prevent contagion problems of sovereign debt to the rest of the region.

But Germany has already warned investors: this meeting will lead to "nothing spectacular"."It will be a working meeting on the governance of the euro area in line with European decisions taken in late July," said the spokesman of the Ministry of Finance. The latter also confirmed the skepticism against German Eurobonds solution yet desired by many investors. "The Euro-bonds are not an option," ruled the spokesman. These ads have already resulted in demoralizing the European investors.

Real estate for

Until the final conclusions of the meeting, U.S. investors are learning that manufacturing activity in the New York area declined for the third consecutive month at -7.7, 3.9 points lower than July .

The index of the property market is expected later.

Note that the currency market, the Euro rises slightly against the greenback at 1.4287 dollar.Oil markets, oil prices opened up on Monday in New York. A barrel of "light sweet crude" for September delivery was trading at 86.13 dollars, up 75 cents. Prices were down during the European trading, erasing their gains made in Asian trade in a market nervous and still haunted by persistent concerns about global growth and the debt crisis in the eurozone payday loan lenders. A barrel of Brent North Sea crude for September delivery was trading at 107.56 dollars on the Intercontinental Exchange (ICE) in London, down 47 cents from Friday's close.

Google swallows Motorola Mobility

On the corporate side, Estee Lauder and Sysco should publish their results on Monday.

Lowe (-0.27% to 19.37 dollars) has already reported sales below expectations in the second quarter of its fiscal year and lowered its annual targets for the second time in three months, consumers pushing their development projects until later because of sluggish growth.

Google (-0.88% to 558.94 dollars) will buy the mobile phone manufacturer Motorola Mobility for $ 12.5 billion in cash.

Time Warner (-0.43% to 65.25 dollars) has reached an agreement to buy the cable operator Insight Communications to Carlyle for three billion dollars in cash.

Bank of America (3.20% to 7.42 dollars) has announced the sale of its activities in the international credit cards in Britain, Ireland or Canada.

Boeing (0.16% to 61.84 dollars) announced it had completed with Air Lease Corp. an order valued at $ 2.5 billion on 14 737-800 aircraft and five 777-300ER.

Pfizer (2.41% to 18.29 dollars) announced Monday it had won before a U.S. court case against Teva Pharmaceutical Industries of Israel, preventing the global generics to produce a copy of Viagra before 2019 .

Transocean (2.15% to 56.81 dollars), listed in New York, wants to buy the Norwegian group Aker Drilling, for a total of 1.1 billion Swiss francs (1 billion), according to a statement Monday.Several large shareholders, representing 65% of the capital, have agreed to the deal, said the Swiss.

The American specialist craft materials Grainger (2.12% to 138.72 dollars) on Monday announced the acquisition of the Dutch distributor of fasteners Fabory Group for $ 344 million (242 million).

The timing could not be worse for Levi's. The king of denim, which had just launched its new global campaign "Levi's Legacy" earlier this week, was forced to turn back to the UK market. The spot, shot in Berlin before the events in London, reveals, in fact, scenes of young people in clashes with security forces. Demonstrations, riots, smoke: the images are too echoed the news, depending on the brand:

Called "Go Forth" (On the Move in French), signed by the advertising agency Wieden + Kennedy American, calls young people to take their destiny. The message is reinforced by the recitation of a poem by Charles Bukowski, The Laughing Heart, to the very explicit (your life is your life / do not be discouraged by a tender moist / Be on the lookout)."Because of what's happening in the UK, we have temporarily postponed the release in cinemas and on Facebook in the country," said a spokesperson for the brand with the Daily Mail. He added that "Go Forth to embody the energy and events of our time. She does not speak of a political movement or a specific theme, but rather evokes optimism, positivism and the entrepreneurial spirit. "

The spot has also been removed from the official Facebook page for the brand. "We have all witnessed the recent events that took place in London and other cities in England. It is difficult to see a glimmer of hope amid the violence. But looking good, you will see it no fax payday loan. Not one of the riots and chaos. But through its citizens who take the broom to clean up their cities. It is through their pioneering spirit that make change possible, "says Levi's on Facebook.

Stunt involuntary RIM

Even if the manufacturer of jeans trying to detach events, riots in London have a real spotlight on its new advertising campaign. A promotion that seems to also affect involuntary RIM, the maker of BlackBerry. His e-mail service that equips its phones BBM, known to provide a guarantee of confidentiality of trade, is under the spotlight. Now it plays an important role in organizing the riots. The British press also devotes a large part in deciphering the events.

But this stunt could serve the image of RIM on the UK market.Already some voices calling for the closure of the service in England, prompting the direction of the Canadian manufacturer to announce, without further detail, cooperation "with local telecom operators, the police and government" of the country if so requested.

This collaboration could involve the closure of the service. The risk is important for the Canadian manufacturer that could alienate her young local clientele. According to a study released last week Ofcom, the BlackBerry is currently the favorite of the English smartphones of 16-24 years (37%) to the iPhone (25%).

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Wall Street played the yoyo on Wednesday, a sign of great excitement. In early trade, the Dow edged up 0.09% at 11,878 points, but half an hour later, he lost 0.32% to 11,829 points. It finally closed on a small increase of 0.25% at 11,896 points. Nasdaq and S & P ending respectively on gains of 0.89% to 2693 points and 1260 points to 0.50%.

The day before, the Dow Jones had not been reassured by the vote of Congress, which has yet avoided a last-minute failure to pay the United States. The index feature New York had dropped 2.19%, still below 12,000 points."The U.S. indices have not even seen a technical rebound in the final hours of trading, as usual … Not since October 2008, the subprime crisis, to find such a sequence of declining U.S. indexes" analysts said Aurel BGC.

The threat rating agencies

In fact, the tension is not ready to fall in markets on both sides of the Atlantic. Despite the adoption by Congress of the Agreement on raising the national debt, the rating agencies maintain pressure on the world's largest economy. "The lowering of AAA to AA + rating from the U.S. would be a major shock for the world's largest economy, one that most creditors on the planet, says Stock Exchange on Barclays.Financing costs would increase the country, making more difficult the control of its huge debt. "

Moody's has already held that the agreement was manifestly inadequate and that the note of the United States could actually be lowered. The AAA highest possible rating currently assigned to the United States, is now accompanied by a negative outlook. Moody's is the second agency to assign a negative outlook on the triple A rating from the United States, according to Standard and Poor's on April 18. The third major rating agency, Fitch Ratings, maintains a stable outlook for now.

Another rating agency, but Chinese Dagong, has already lowered the credit rating of the United States after the vote of Congress, by passing from A + to A with a negative outlook.A decision that should be only for the time being very relative impact: the rating agency, in fact follows a methodology different from that of U.S. agencies Moody's, Fitch or Standard & Poor's. Unlike the three U.S. agencies that provide the United States sesame AAA Dagong does not in Washington this maximum score, and in November had lowered from AA to A +.

The ISM services disappoints

In this context, the macroeconomic agenda of the day, to say the least fleshed out, was watched closely, a sign of investor concerns about growth in the U.S..

At 14:15, the consulting firm HR ADP unveiled its traditional and highly anticipated monthly report on employment. Higher than the 100,000 new jobs expected by analysts, job creation in the U no fax pay day loan.S. private sector employment reached 114,000 in July.

In contrast, growth in the services sector in the United States recorded a surprise slowdown in July, according to the index of purchasing managers released Wednesday by the Institute for Supply Management (ISM). ISM non-manufacturing index stood at 52.7 last month, falling to its lowest level since February 2010, after 53.3 in June. Analysts on average expected a 53.6 index.

Orders for the industry fell 0.8% in June in the United States, driven down by gloom in the transport sector, said Wednesday the Commerce Department. Economists on average had expected a decline a little less strong, 0.7%. Orders were up 0.6% in May

Oil prices have again fallen back sharply Wednesday in New York as the market worried about demand for crude in an economic environment deteriorates.On the New York Mercantile Exchange (Nymex), a barrel of "light sweet crude" for September delivery finished at 91.93 dollars, down 1.86 dollars compared to the previous day.

Concerns about U.S. energy demand were boosted by the expected increase in official reserves of oil in the week ended July 29.According to figures released by the U.S. Department of Energy (DoE), crude oil inventories rose as expected 1.0 million barrels, those of gasoline rose more than expected 1.7 million barrels against the 100,000 barrels estimated by analysts.

Half year results: Comcast did better than expected

On the corporate side, several large quarterly publications are expected throughout the day, which should, once will not hurt, however, be overshadowed by the acute problems of sovereign debt and economic downturn.

The publications program began as microeconomic 13 hours, with, among others, the results of the second quarter of Time Warner (-1.18% to 33.60 dollars).Net income displayed increased 13.5% to 638 million.

At that moment, were released the results of Comcast (0.18% to 22.77 dollars), who, with a net profit up 16% to $ 1.02 billion, is slightly better than expected.

Garmin (-2.03% to 30.89 dollars) announced quarterly earnings down due to a fall of 19% of sales of navigation systems for cars and mobile devices. Before the opening, title Garmin gave 14%.

It will however wait until 22 hours to find out the half-year figures of Activision Blizzard (1.11% to 11.82 dollars).

Beyond the semi-annual publications, Amag Phamaceuticals (11.19% to $ 16) received an unsolicited offer to buy back the private equity investment MSMB Capital Management, valuing the pharmaceuticals group around $ 381 million.The offer, $ 18 per share offers a premium of 25% over the closing price of Amag Phamaceuticals Tuesday at 14.39 dollars.

The board of the International Monetary Fund (IMF) met Friday in Washington, approved, as expected, the release of a new tranche of 3.2 billion euros for Greece.

It is in addition to 8.7 billion euros released a week ago by the European Union. This round of 12 billion euros is the fifth of the rescue plan 110 billion approved last year. It should enable the country to repay much of its debt maturing July 15 (EUR 2.4 billion to good six months) and 22 July (2 billion euros good for three months).

But Greece, the public debt (354.5 billion euros at end March) shook up the United States, is not out of the rut.Athens calls for a hue and cry a second bailout, a value equivalent to the first, or 110 billion euros, for which the Europeans require the participation of the private sector. A meeting of the Eurogroup in Brussels next Monday, followed by a council of finance ministers the following day was supposed to define its contours. But it will not succeed, as the differences remain significant even within the Union. At best, a decision is expected in mid-September, confirmed the new Greek Finance Minister, Evangelos Venizelos.

Taboo

For many scholars, starting with the rating agencies as criticized in recent days, the private sector's contribution to the recovery plan would resemble a Greek default, since creditors will not get their refunds in time and hour.A nightmare scenario that Europeans seek to avoid at all costs. Without having yet found the parade.

And meanwhile, some still waving the event of a release of the euro area. An expert in Brussels who had requested a report before he leaves office, a judge at the end of the decade "there may well still have 17 members, but the question is whether this will be the same that 'today. "

The subject is taboo, but if Greece were to be found in default, many experts believe that the only way to redress the country's economy would be a devaluation, and thus an exit from the euro. This had been done in Argentina in 2002, winning its currency, the peso, the U.S. dollar.

The city's economy and currency, including the Bank of France on Wednesday unveiled plans will be the equivalent of the CSI de la Villette. "An ambitious educational project and citizen supposed to receive 100,000 visitors a year from 2014, of which 50% of schools. The investment is around 30 million euros. It will decrypt "the economic mechanisms, monetary and financial information" through "interactive presentations and fun." Even if it fills a gap in a country where economic culture is deemed poor, the announcement would be commonplace.

His place is much less. Extension for this company, the Bank of France has chosen the Plaine Monceau, one of the most exclusive districts of Paris. She intends to kill two birds with one stone. The splendid Hotel Gaillard, neo-Renaissance style, built in 1882 and situated place du General Catroux, was one of its three branches in Paris.It will be rehabilitated and converted into 'space museum. " The architecture will be preserved, especially the amazing vault surrounded by a moat. Former clients, such as Earl Moses Camondo neighbors who came to place their treasures, would be very surprised that we devote so much effort to explain the money. They were trained on the job.

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All for it! A great stir launched by Laurent Wauquiez triggers an uproar, followed by a double crop, ministerial and presidential primary. But a few days later, means a whole different story. François Fillon Laurent Wauquiez has criticized the "form", but acknowledged the need to "correct" the RSA. And Roselyne Bachelot, who on Monday denounced the "About counter" in the mouth of his government colleague, merely validating the more moderate course, diagnosis shared by all governmental experts: the RSA does not work .

"This system is not perfect and needs improvement. This is a horribly complex. It must be simpler, "said Minister for Solidarity. The Minister of European Affairs has lanced the boil.The initiative is very cavalier but Sarkozyist in mind: to generate debate on a subject which will now cleaving the heart of the presidential election.

Since the Elysee prepares a balance sheet of five years, the RSA is an embarrassment, even if the plate issued by the Presidency of the Republic for the fourth anniversary of the class number of successful reforms. Should he be praised for showing that the government can boast of a true social balance? You run the risk of exasperating his electorate that is notched on all subjects assistantship. Should we criticize, pointing to its shortcomings?

Crisis forces, the RSA is not increased in intensity. Departments have struggled, together, to put in place. The record is disappointing.And Nicolas Sarkozy, who was given carte blanche to Martin Hirsch, came back the promises of the former High Commissioner of Solidarity.

A "disappointment"

Last Friday, Nicolas Sarkozy himself acknowledged before some guests of the evening that the RSA is a "disappointment" because he "does not fulfill the function" for which it was designed. Several employees Elysian find elsewhere, for several days that the RSA was "a bad system." Even Jean Castex, deputy general secretary in charge of social issues, slid in front of several elected officials as the "RSA does not correct the RMI but amplifies it." He likes to cite the example of supermarkets, which are not hiring more part-time because it makes employees eligible for RSA. "As a result, employers have an incentive to pay only partial activities," said Castex.This means that Wauquiez had some support when he opened a gap on this subject.

Now, everyone understands that the assistantship in general, and the RSA in particular, should enter the debate of the presidential election. Whether it is local aid, of individual housing, the earned income tax or unemployment benefits – by far the most generous in Europe, particularly for executives – these benefits will be evaluated. First, during the debate held on this subject by the UMP June 8 Then during the mission's findings Marc-Philippe Daubresse on RSA.

"We have two solutions. Or we're like 80% of the countries that surround us, that is to say nothing, because generalized social benefits are the only true French specificity. Or do we tip of a support system to a delivery system, that is to say, aid in exchange counterparties.Only the second solution seems feasible, there is little confided to Le Figaro a close adviser to the Head of State. The Elysee, who thinks of course the debate of 2012, reflecting on different tracks. For example, the idea of ​​a "welfare reduced based economic growth," says this adviser.

But another near the head of state calls on him "a fierce fight against abuse", without questioning the entire system, on behalf of national cohesion.

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The rigor is no longer appropriate for the big bosses of the banking sector. Aid paid by the state and now repaid their business reaping the effects of recovery, there are incentive bonuses, considering the annual reports and press reports, clearly an upward trend for 2010. While many top executives of French banks had waived their bonuses the previous two years, 2010 has signed the back of generous salaries.

In addition to a salary of 1 million euros, up from last year, the head of Societe Generale, Frederic Oudéa, reaching his first bonus since he took office and the Kerviel affair.Bank boss of the highest paid, he will receive a variable remuneration amounting to 598,400 euros paid immediately in cash, plus a paid deferred until 2015 to comply with European Directive CRD3 applicable since 1 January 2011. In total, the variable compensation paid for 2010 could reach up to 3.2 million euros, according to the calculation of Echos.

It's a little more than Baudoin Prot, CEO of BNP Paribas, which in turn will receive a fixed salary unchanged from the previous year, but a sharp rise in bonuses. About 1.67 million awarded in total, 60% will be paid in deferred over two years with conditions. His total compensation could reach 2.47 million euros as well. Last example, the boss of BPCE, former deputy secretary general of the Elysee Perol, who waived his bonus last year.According to AFP, he will receive 1.05 million euros to this title, for a fixed salary unchanged at 550,000 euros.

Variable pay "balanced"

If the amounts received are variable up substantially, the banks but on the whole complied with certain requirements of European directive adopted in 2010. Transposed into French law by the end of last year, it aims to control the compensation of employees of banks that may affect the risks taken by their institution. To get them interested in long-term results, a fraction ranging from 40% to 60% variable compensation should be paid for example over several years, subject to results.

But according to the directive CRD3, this variable compensation should be "balanced" with respect to the fixed remuneration. And perhaps where the shoe pinches.Because as stated by the MEP "Europe Ecology – The Greens Pascal Canfin this Saturday in Libération, France did not correctly transposed the EU directive, replacing the term" balanced "by one of" appropriate ", denaturing content of the text. He stressed that, therefore, represent bonuses for 2010 "3, 5 or 10 times the fixed fee."

The Ministry of Economy, the entourage said Christine Lagarde told AFP that "France was one of the first countries to transpose the European directive, and after notification of such legislation to the Commission in February , it "made no comment."

The spirit of the directive not respected

It must also be noted that France does not figure in the worst student in the field. British officials are still better off: the new boss of Barclays there has recently been awarded a bonus of 23 million pounds.

Generally, as commented European Commissioner Michel Barnier services in the columns of Liberation, "behaviors have not changed as much as you want. The banks have not complied with the spirit and letter of our directive. " Faced with the inertia of the banking community, the European Commissioner had already threatened in April to further tighten the rules governing executive pay for banks. The newspaper said the European Commission is preparing to "carry out a thorough investigation" on the transposition of the Directive by the Member States of the EU.

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On Wall Street last week, the Standard & Poor's 500 was royally awarded 1.96%, returning to a new level since June 2008. It closed Friday at 1369.61 points, rising 2.8% in April and 8.4% since the beginning of the year. The reassuring words of the President of the Federal Reserve, but also publications of the first quarter results of companies in the S & P 500 led him to move forward.

Indeed, over 324 companies over 500 have already published their results. And this statement is, at present, encouraging, "announced 74% earnings per share above expectations and 75% beat analysts' expectations on their turnover," says Christian Parisot at Aurel BGC. Only 62% of companies in the S & P Announce generally better than expected results payday loans.

In terms of forecasts, the discourse remains cautious.For the second quarter, 38 companies have lowered their projections of results and only 23 have reported. For 2011, however, 59% of predictions are reported. Among the heavyweights of Wall Street, have yet to announce their results, Pfizer (Tuesday), Time Warner, Electronic Arts (Wednesday). And the same day, Kellogg, Kraft Foods and Sara before Lee (Thursday). Three publications expected with a touch of apprehension, the margins could suffer from rising prices of food commodities, as food industry giants had trouble in pass prices.

Union leaders had expected that the 1 May 2011 be a little raw. And they were right. Especially as the bargaining unit has somewhat disintegrated. "The character of this holiday is both less said, the day falls on a Sunday," observes Marcel Grignard, number two of the CFDT.In 2009 the protesters were much more likely because of the crisis that has hit hard the French economy, and in 2010 the fear of the pension reform, just before its unveiling, had been a factor in turnout.

A disappointment even stronger than the first parade of May 1, Marine Le Pen as president of the National Front (FN), has mobilized more than expected among 3200 people according to police and 20,000 according to the FN (2000 cons according to police and 8000 by FN last year).

"We do not have to be in the streets" to celebrate International Labour Day, said Sunday the first secretary of Lille Martine Aubry PS parades scattered about, saying that employees would demonstrate "in 2012 in vote. "

"May 1st, we are the popes of the earth"

In the regions, the mobilization was low.In Marseille, among 2000 people by 5000 according to police and organizers, marched through the streets between 1200 and 3500 people in Toulouse between 2200 and 3300 in Lyon, between 2200 and 3000 in Bordeaux between 1200 and 3000 in Strasbourg between 700 and 1000 in Lille and between 450 and 1000 in Rennes.

It was also shown to Pau (800 to 1200), in Angoulême (500), Besancon (500 to 1000), Brest (250 to 300), Nancy (700 people according to the unions) and as at Dunkirk, in Orléans and Caen.

Besides purchasing power – the secretary general of the CFDT, Francois Chereque, called on Europe 1 radio on Sunday increased the minimum wage beyond the 2% increase in rpincipe scheduled for July 1 – the themes that defended year are "support for the Arab peoples who rise to the dignity and freedom," and "equal rights" between French and foreign workers in response to "national preference" advocated by the National Front progression in the opinion polls.

Winks comedy peppered some processions. "May 1st, we are the popes of the earth", alluding to the beatification of John Paul II. But also slogans in opposition to the FN, as in Rennes' French workers, immigrants, same bosses, same battles. "

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