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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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Accor is ahead of schedule of asset sales. On Monday, the hotel group announced the sale of the walls of 48 hotels for 367 million euros. The real estate transaction, Accor calls "major in Europe, which should be finalized by the end of 2010, includes 31 hotels in France, 10 in Belgium and 7 in Germany, for a total 6,300 rooms. It concerns 28 Etap hotels, 13 Ibis, Novotel and a SuiteNovotel 6.

These hotels will continue to be managed by the group under the same signs – there are 28 Etap Hotel, 13 Ibis, Novotel and SuiteNovotel 6 – under a variable lease for a period of 12 years renewable 6 times Accor's initiative, or 84 years total. The average rent will be equal to 19% of turnover.On the basis of turnover in 2009, the rent would amount to 22.4 million euros according to Accor.

Under the lease, the new owner will assume responsibility for structural maintenance investments in hotels, insurance costs and property taxes.

The deal includes a renewal program of 47.6 million euros, 33 million euros financed by the acquirer, thus enabling Accor to accelerate the deployment of new generations of rooms Etap and Ibis in a forty establishments.

Chief objective of reducing debt exceeded

This operation, carried out for 80% of the amount from the insurer Predica (a subsidiary of Crédit Agricole) and the balance at the corporation Walls Land (Land subsidiary of Regions), will have a positive aimpact 282 million euros 2010 net debt of the hotel group and three million euros per year on its profit before tax.

The group had announced in May a program to dispose of hotel assets amounting to 2 billion euros over the period 2010-2013. He then indicated that such transactions were to reduce its debt of around 450 million euros in 2010 alone and more than half of that amount had already been the subject of transfer agreements.

With 282 million euros announced today, Accor therefore exceeds its annual target of reducing debt.

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As usual, Alcoa starts the ball results in the United States. And the least we can say is that it starts well. For the second quarter, the U.S. producer Alcoa aluminum in the green came back in the second quarter, with net income of $ 136 million, against a loss of $ 454 million a year earlier, and praised the "prospects excellent.

The turnover reached 5.187 billion dollars, well above the 5.02 billion forecast underlying the market.

Consumption of aluminum prospects up

"The growth of our revenues and our earnings due to higher volumes of end markets and gains from our productivity program," said CEO Klaus Kleinfeld said in a statement issued after-hours trade .He added: "The outlook for Alcoa and the aluminum are excellent.

The group also said it had received during the period April to June, in addition to higher volumes and productivity improvements, favorable currency effects and a reduction of energy costs, which more than offset a slight reduction in selling prices.

"Given this improvement in final demand, we are raising our projection of consumption of aluminum 10 to 12% this year" in the world, "he concluded.

At the New York Stock Exchange, Alcoa has lost the action Monday at the close 0.64% to 10.87 dollars in a market up 0.18%.

At a time when travel is no longer the preserve of a few explorers, the Expo is no longer just visitors to travel around the world but rather to give them vacation ideas. The Chinese are now just under 55 million to go outside their borders on vacation. By 2020, they will be 100 million. This will be the tourist population of the world's largest. And some countries are willing to settle for a small portion of these new visitors. "We want to capture a share of this growth. That's why we joined the program joined the Nordic sells northern Europe as one destination for Chinese tourists, "says Palsson Hrein, Consul General of Iceland in Shanghai and commissioner of the Icelandic flag Expo 2010, which has made tourism one of the three themes of the exhibition.The Icelandic Minister of Tourism will make even the Expo June 17 This day is an opportunity for Reykjavik to invite Chinese travel agencies and journalists specialized in tourism.

The correlation between tourist attraction and intention to visit the pavilions of the exhibition is obvious. The United States, Australia, Japan, Thailand, France, Italy and Spain were the most popular pavilions during the test days of the Expo last two weeks. They are also the countries most popular with Chinese travelers.

The smaller nations or absent from the traditional tourist tours competing ideas to attract maximum visitors to their pavilions electronic check payday advance. They hope to offer a promotion that no travel agency can never offer them."This is a unique platform to build the brand image of a country," said Debby Cheung, director of Ogilvy Public Relations in China.

Denmark did not hesitate to move her Little Mermaid bronze for the first time outside of Copenhagen. The exhibit coming to the center of the Danish flag to the end of October. Operation successful communication since the advent of the statue has become a major "buzz" of Chinese Painting Expo. The calculation is simple, with three million visitors a year, the Nordic country can hope to show one of its landmarks twice more tourists in half the time. Luxembourg followed suit by bringing his G?lle Fra (Golden Male), moved the Monument of Remembrance to the entrance of the Luxembourg flag Shanghai.

Others offer a real experience.In front of a screen that broadcasts images of snowcapped mountains, visitors can smell the Swiss chalet mountain air, spread by machinery, just before getting on a chairlift athentique rooftop while green building. "This is an opportunity to do direct marketing that does not stand in the next decade," says Frank Serrano, head of the France Pavilion at Shanghai.

More fear than harm. The Icelandic volcano spits ash and under no threat the European sky. The deadweight losses resulting from the disaster are expected to amount to 1.7 billion euros for the airlines, but "the recovery of the airline industry is not in question, according to analysts at Natixis.

There is good news since early March for the sector, with monthly data that highlight improvements in traffic and unit revenue. In addition, IATA (International Air Transport Association) has recently raised its earnings estimates for companies in 2010.

Although the relief is a priority for Asian companies and South America through a more dynamic economic environment, but companies in Europe and North America are also expected to rebound, "but more gradual.

Air France-KLM on the upslope

Natixis Securities is confident for the Franco-Dutch airline AIR FRANCE-KLM: the good news will continue, as the broker, which emphasizes the positive trend registered "throughout the fourth quarter of 2009/2010, with an increase in traffic March, which is one of their busiest months of the year. "The increase – the first 15 months – the number of passengers was thus elevated to 4.7% and load factor improved by 5 percentage points to 80.5% Guaranteed fast personal loans.

The unit revenues are also up compared to 2009 but are still lower compared to 2008.

The analysis bureau raised its price target on the value of 13 to 14.5 euros, explaining that such enthusiasm on the titles for the upcoming IPO of Amadeus, April 29 in Madrid. The travel booking company expected to raise between 1.25 and 1.36 billion euros to reduce its debt.This will be the most important introduction of European market since the beginning of the year.

Finally, the ash cloud, which should be operational in losing about 150 million euros in Air France-KLM estimated by Natixis, does not alter the optimism of the broker or investor: the Air France-KLM shares climb 1.63% on Monday to 10 hours and rate 12.45 euros. A similar level to that recorded at the beginning of the closure of major airports in northern Europe because of the cloud.

British Airways shares soar 2.6% at 239.8 pence on the London Stock Exchange.

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EUR / USD: The euro on a downward

Torn between good ZEW index of German industrialists in April and perennial concerns about the finances of Greece, the euro was hesitant. On Wednesday, he nevertheless resumed its downward trend started yesterday, when discussions begin in Athens techniques to study details of the mechanism of financial assistance that the country could then activate it if necessary.They should last about ten days after placement interviennet by Athens Treasury bills to three months worth of 1.95 billion euros.

The Bundesbank president Axel Weber has implied that Greece might need 80 billion euros of financial assistance to avoid bankruptcy, nearly double the amount provided by the European plan.

"Despite a modest rise in risk appetite, the euro remained under pressure during the night while the gap between Greek and German bonds rose to a new record of 478 basis points in the night, however, observed Michael Hart at Citigroup.

Pictet notes that "the return to rising world stock markets – after overruns linked to the case Goldman Sachs and the ash cloud Iceland – has left the dollar marble.

For Pierre-Antoine Dussoulier, president of Saxo Bank, the consensus presages a downturn in the euro.Support for the euro / dollar stood at 1.3280. One that is close, while the euro traded under $ 1.34 today, to 1.3387 to exactly 13 hours.

"Until then, support has remained resilient, but if it is broken, then the euro will fall to the next support, referred to 1.2455 dollar per euro, or levels in March 2009 and November 2008. The resistance is placed it, to 1.38 euros, but there is little chance that the euro is growing so very short term, the official said.

The pound sterling rose

While political discussions are underway with our neighbors across the Channel for the upcoming elections on May 6, the British pound is a positive trend, encouraged by the price index from March to well above expectations at 0, 6% against 0.3% expected.

It is 86.96 pence per euro and 1.5391 dollars on Wednesday.

Asian currencies purchased

Led by the change in monetary policy from the Bank of India Monday, Asian currencies continue to rise. As the NOK, which rises against the dollar at 5.8953. Even in Australia, the Australian dollar strengthens against the dollar and euro.

Canadian Dollar coveted

The Canadian dollar (CAD) remains the motto of all desires: while the Bank of Canada has hinted it may raise rates, the latter finally maintained at 0.25%. The loonie has flirted with parity from 1.0161 to 0.9941 Canadian dollars to 1 U.S. dollar. The momentum keeps a downward trend on Wednesday.

The central bank of Canada announced an upcoming recovery.It could then be the first monetary tightening of a G7 country.

* Definitions

• Forex: For Foreign Exchange, foreign exchange or market analysis • technical analyst or chartist. She studied graphic evolution courses. The research in the historical price behavior involved in a situation to predict the evolution of financial securities. • Pips: Price Interest Point. Unit rating for foreign currency. It designates the last digit is used: in the case of the euro, the fourth decimal place. • Trend: trend. • Range: Range. • Support: value as the price has little chance to pass down. • Resistant: value as the price has little chance of exceeding the rise. • EUR: Euro, USD: U.S. Dollar, or U.S. dollar JPY Japan Yen or Japanese yen, GBP: British Pound, CHF: Swiss franc .

Eric Woerth, Minister of Labour in charge of pension reform on Monday received the representatives of unions and employers. Feedback gathered at the exit interviews showed deep antagonisms and augur of delicate negotiations to achieve a reform of the system.

• Daniele Karniewicz (CFE-CGC): President of the National Fund for Pension Insurance (CNAV), also charged with negotiating on behalf of the union executive (CFE-CGC) pleaded for a shield retreat "that would ensure a minimum level, that is to say a percentage of final salary for each activity that affect. "It is imperative that we find a consensus together, not to say on what lever we will play for pensions, but to say what level of pension is to be preserved for all private sector employees," she said on BFM Radio .The CFE-CGC is the only union to push for a postponement of the legal retirement age and wish to conduct a "reflection on the duration of activity."

• J ean-Claude Mailly (FOR): Secretary General of Pensions work force has already warned it was "not negotiable" for the union to reach the legal age of retirement set 60 years or the duration of contribution. "If the government really wants to push (…) the right to leave at age 60, or extend the term (contribution Ed), discussions began, it will be the beginning of the confrontation," he warned on France 2, before being received by the Minister of Labour.There is "no question of having to accept one way or another to have to work longer," even "because life expectancy is increasing," the emphasis has hammered the track of increased contributions and the tax issue for example by deleting "some exemptions which have been made in recent years, like the one on capital gains from subsidiaries, representing" 20 billion (euros) in three years, "he said.

• Laurence Parisot (MEDEF): President of the employers' movement said Monday that it was not "continue to resolve the pension issue by a steady increase in contributions" to employers or employees. She however refused to specify what tracks were preferred by the MEDEF before the Board of Retirement Guidance (NRC) does not publish financial simulations expected Wednesday.

• Fran?ois Ch?r?que (CFDT) national secretary of the CFDT has criticized the agenda provided by the government on pensions, considered "too short" for a thorough reform, and reiterated his commitment to retire at age 60. Play on the traditional parameters of risk "to accentuate the existing inequalities in our pension systems," he said, citing "those who started working young, those with heavy work, inequality between men and women and those in precarious paths.The CFDT had hoped "everything on the table and study the various pension systems division that exists in Europe to see that, or those that are most suited" to the French situation.

• FSU: the first union of the state civil service, said in a statement that it would oppose "to further cuts" on pensions. The union, which will be received by April 22 the Minister said that the pension system should allow to "maintain the standard of living" by guaranteeing a pension from 60 years earlier for jobs considered particularly difficult. "Since 2003, reforms have led to severe deterioration and decline of pensions, particularly penalizing women employees who have experienced unemployment, job insecurity, part-time," insists the FSU.According to the union, the Public Service, "the staff had to delay their retirement for six months on average and have seen them at the same time reduce repo rate by 1.5%.

• Jean-Francois Roubaud (CGPME): President of the General Confederation of Small and Medium Enterprises (CGPME) said that "it will increase the length of working time" to resolve the pension issue in France and has said hostile to any additional taxation. "I proposed to index on life expectancy, there will be 41 in 2012 and I think that setting 42 years in 2020 seems a measure that could be reasonable.""We know we can not remain in the state where we are and we back into the wall if you do not change anything," he said after a meeting with the Minister.

• Jacques Voisin (CFTC): The chairman of the CFTC has expressed concern over the lack of a government proposal on the issue of new funds for pension schemes, following his meeting with Eric Woerth. "There is nothing, nothing on the issue of funding, nothing on the enlargement of the plate," he said. "We feel that the minister is on its two parameters: age and duration of contributions, and no other parameters in perspective," he said reiterating the CFTC's refusal to touch retirement 60.He called for "broadening the base of funding to capital income" and stock-option.

• Jean-Michel Baylet, president of the Radical Left (PRG) Francois Fillon has asked to "quickly check political parties represented in Parliament to associate them to work" on pensions. "They want reform in particular that allow everyone to have, at the age of retirement, a disposable income at least equivalent to the minimum wage." "As necessary, the guaranteed minimum income will be financed by taxes," he says.

• Beno?t Hamon: The spokesperson of the Socialist Party (PS) has denounced the "taboo of funding" of pensions, calling for a tax on financial income. "Today, there is no single way possible.And the only taboo that exists in that area, it is taboo (…) funding the government refuses broader base of employer contributions, "regretted Mr. Hamon on Europe 1. "If you extend the contribution period and it is very difficult to obtain adequate employment period for a full pension, the immediate consequence is the decline of pensions," he says.

New episode in the case of repeated suicide at France Telecom. The Paris court on Thursday opened an investigation into this matter following a complaint last December against the union's South direction of the company for "bullying" and "endangering the lives of others." An unpublished survey that will focus on work organization and the management system of the company.

Me Teissonni?re, counsel for the South, had already confirmed a few hours earlier information from France Info. The investigation should therefore be entrusted to a judge of public health center of Paris. Le Parisien ahead including the name of Pascal Gand in its Friday edition. And as announced by the newspaper, on charges of "endangering the lives of others" was not accepted, contrary to what is called the Labour Inspectorate.

"Methods of management characterizing bullying"

On receipt of the complaint filed on December 14 last, the Paris court has in fact relied on a report of the inspection work to make its decision. A 82-page dossier, coordinated by the labor inspector Sylvie Catala and delivered on February 4 to Paris prosecutors. It refers to "implementation of work organizations likely to cause serious harm to the health of workers" and "methods of management characterizing bullying.

Labour inspection also points in his report "the strategy of restructuring and management" conducted since 2006 aiming to organize the departure of 22,000 employees of the group.It also emphasizes the fact that the leaders of France Telecom have been alerted "on many occasions (…) the effects on health of workers by occupational physicians and regional health insurance funds. Alerts never taken into account.

Eleven suicides since the beginning of 2010

Three people are affected by this case. Front row: former CEO, Didier Lombard, now non-executive chairman of the company. Followed Louis-Pierre Wenes, the former number two and head of operations in France, ruled last fall, and Olivier Barberot, the Director of Human Resources (HR). The company France Telecom is also questioned as a corporation, said Le Parisien.

In 2008 and 2009, the number of suicides by employees of France Telecom rose to 35 as management and unions.The observatory stress and forced mobility, established by the CFE-CGC and South-PTT, has meanwhile identified 11 suicides of employees since January.

Patrick Ackermann, SOUTH delegate, welcomed in the Parisian "this first victory." "That does not mean that there will be indictments, but it proves that justice takes the matter seriously. Now, we'll call the other unions, victims' families, doctors work to a civil, "he adds. The more one is more justice will be hard to kick for touch. "

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A method agreement was reached between the employees of the plant equipment to automotive Sodimatex Crepy-en-Valois (70 km north of Paris), who threatened to blow up their factory to demand better redundancy, and management, has announced the Prefect of the Oise in the overnight Friday to Saturday.

The unions pledged to "defuse" the gas tank they threatened to burn down and destroy them in exchange for "guarantees" on the smooth progress of negotiations with management, including extra-legal premiums that start 'they ask. On Wednesday, they will meet to negotiate with management, sub-prefecture of Senlis (Oise).

The employees threatened since Thursday set fire to a tank of gas that might blow up the factory.They had prepared Molotov cocktails on Friday morning around the tank nearly five meters long, including gas used to supply forklifts.

"It's not over"

"The MoU is signed, the conciliation process restarts and threats against the company stop", announced to the press the Prefect of the Oise Nicolas Desforges, who chaired the negotiations meeting late into the night No teletrack payday loan. "It's not over, but warned Patrick Testar, spokesman of the Inter. If Wednesday is unable to positive developments, we made clear our prefect is unplugged just the detonator, that's all. "

The employees demanded such a premium extra-legal dismissal of 21,000 euros, similar to what had affected their colleagues from another plant Sodimatex closed in 2006.Two auditors, one appointed by management and the other by the council, must peel the group's accounts and decide on requests of employees regarding severance pay, "said Herv? Mallet of the 'Inter. A conciliator will collect the opinions of two Commissioners and its finding that the state was "committed to promote," says Herv? Mallet.

After leaving very angry the table shortly before 20h, the workers decided to resume talks to try to 22h to reach an agreement improving conditions for departure of 92 employees, including site closure is scheduled for a year.

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Nicolas Sarkozy is he fell off the bed? The Head of State arrived well ahead of schedule Saturday morning at the Salon de l'Agriculture in Paris. While appointments had been given to the press at 9:00 am, for arrival between 9:30 and 10:00, the President took everyone to court in arriving at 8:30.

Half an hour before the exhibition opens to the public, and while all the journalists had not yet arrived, the head of state has been able to finish a quiet and calm in a tense situation. It is accompanied by Ministers Bruno Le Maire (Agriculture) and Michel Mercier (Rural Areas and Regional Planning).It has been particularly welcomed by Jean-Michel Lemetayer, president of the National Federation of Farmers' Unions (FNSEA).

"Nicolas Sarkozy is taking its time"

While departing from the tradition, the president has not opened this year's Salon de la Porte de Versailles, it was eagerly awaited by farmers who suffer the brunt of crisis. The Salon de l'Agriculture has always been a difficult visit to Nicolas Sarkozy payday advance . Two years ago, his baptism of fire as president had led to a controversy surrounding the famous phrase, coined a visitor who refused to shake his hand, "Casse-toi pauvre con". Especially, the current president's hard to bear comparison with his predecessor.Jacques Chirac is in fact very comfortable in the exercise, which he demonstrated again Friday during a visit acclaimed.

"It seems that Nicolas Sarkozy, who usually do not linger in the aisles of the Salon, decided this year to take more time to listen to farmers," explains one of the envoys of Figaro on site, which also describes the security services "tense". Anxious to avoid overflow, the bodyguards of the president are intractable. The Roundtable, scheduled for the morning with representatives of the agricultural world, will take place elsewhere out of sight, journalists are invited to follow from the newsroom.

More to come on lefigaro.fr …