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		<pubDate>Wed, 30 Nov 2011 12:35:59 +0000</pubDate>
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		<description><![CDATA[ Caution should dominate this last session of November in the Paris Bourse. The futures on the CAC 40 was down over 1% one hour before the opening, leaving a consider early in the day in negative territory. 
 Operators should not be inspired by the close-hearted Wall Street yesterday, nor one in the red, [...]]]></description>
			<content:encoded><![CDATA[<p> Caution should dominate this last session of November in the Paris Bourse. The futures on the CAC 40 was down over 1% one hour before the opening, leaving a consider early in the day in negative territory. </p>
<p> Operators should not be inspired by the close-hearted Wall Street yesterday, nor one in the red, the Asian market this morning <a href="http://easy-quick-payday-loans.com">guaranteed online payday loans</a><!-- . -->. They should also take time to digest the advertisements of the leading finance ministers of the euro zone, Jean-Claude Juncker, made in Tuesday night. The latter has warned that the Financial Assistance Fund (EFSF) would reach &quot;probably not&quot; the one trillion euros, as had been promised after the crisis summit last October.</p>
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		<title>Strike at Air France: the movement may harden</title>
		<link>http://theatredigz.com/strike-at-air-france-the-movement-may-harden/</link>
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		<pubDate>Sun, 30 Oct 2011 08:29:54 +0000</pubDate>
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		<description><![CDATA[ In the second of the five-day strike of cabin crew of Air France, the company promises, as before, to ensure 80% of its flights. Even if the unions, who believe that the movement is followed, announced an intensification of the mobilization against the proposed reduction in the number of cabin crew in some planes. [...]]]></description>
			<content:encoded><![CDATA[<p> In the second of the five-day strike of cabin crew of Air France, the company promises, as before, to ensure 80% of its flights. Even if the unions, who believe that the movement is followed, announced an intensification of the mobilization against the proposed reduction in the number of cabin crew in some planes. </p>
<p> About 200 flights on the 1000 planned were canceled Saturday. &quot;We have given the forecast. Saturday at midday, only 200 passengers 3,000 were in trouble, &quot;noted the direction of the company. Air France has temporarily limited to 100 passengers the ability of its medium-haul flights from Orly to avoid having to put down passengers for lack of a sufficient number of hostesses and stewards. Result: Passengers waited. This strategy and the delays it caused affected customers were exasperated. &quot;It&#39;s a nightmare <a href="http://payday-badcredit.com">bad credit payday loans</a><!-- . -->. We have been waiting seven hours.Our flight departed. We could not board because Air France has focused on particular families. We were placed on a waiting list telling us that we might catch a plane at 12:30, chartered by another company. Shame, &quot;railed one of them. </p>
<p> On the front of the long-haul Air France canceled at Paris ten flights especially to New York, Montreal, Los Angeles, Tokyo, Abu Dhabi, Douala. </p>
<p> Provided Air France does not rule out last-minute cancellations. Considerable uncertainty remains about the level of participation of PNC (cabin crew) in this movement, they are not obliged to prevent the company of their intentions. Moreover, unions provide them a &quot;surge&quot; of the movement. &quot;All the volunteers PNC reserves are currently using,&quot; said Didier Foussat, the union FO.</p>
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		<title>Recapitalization of banks: difficult negotiations in Brussels</title>
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		<pubDate>Sun, 23 Oct 2011 09:38:15 +0000</pubDate>
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		<description><![CDATA[ Creditor banks in Greece will have to accept losses &#34;substantial&#34; in the new bailout of the country, warned Saturday that the European Ministers of Finance. Last night, the central bankers of the euro zone had &#34;agreed to say that we had to have a substantial increase in the contribution of banks&#34; in the form [...]]]></description>
			<content:encoded><![CDATA[<p> Creditor banks in Greece will have to accept losses &quot;substantial&quot; in the new bailout of the country, warned Saturday that the European Ministers of Finance. Last night, the central bankers of the euro zone had &quot;agreed to say that we had to have a substantial increase in the contribution of banks&quot; in the form of a depreciation of their claims, said the leader of European finance ministers, Jean-Claude Juncker. </p>
<p> According to diplomatic sources, the ministers agreed to effectively negotiate with the banks at a discount of &quot;at least 50%&quot; against a target of 21% decided on July 21 with the banking sector. They thus de facto endorsed the conclusions of an expert report which was presented by the troika of donor funds in Greece (EU, ECB and IMF).The paper believes that a discount of 50 or 60% hope to stabilize Greece without having to increase in the amount of gigantic international loans that have already been promised. </p>
<p> A &quot;discount&quot; is the term used in relation to the financial depreciation of the value of loans taken by creditors in this case private banks and investment funds that hold government debt. A discount of 50% borne by the private sector, the second program of financial support pledged July 21 to Greece, however, should be slightly revised upwards with government loans (Europe and IMF) to 114 billion euros, against 109 billion euros.To maintain the envelope of 109 billion euros unchanged, it would bring the discount to 60%, according to calculations by experts. </p>
<p> • Banks recapitalized to the tune of 100 billion euros
<p> In any event, the second bailout in late July, just after the first amounting to 110 billion euros agreed in spring 2010, will have to be redesigned. &quot;It&#39;s pretty clear that we need a substantial discount on Greek debt,&quot; also said Saturday the Swedish Finance Minister Anders Borg on his arrival in Brussels for a meeting with colleagues from across the EU.&quot;We will now work on a new plan Greek, there is an effort of European countries [to, ed] and will also require an effort of the private sector,&quot; said his Belgian counterpart Didier Reynders. </p>
<p> The question is whether the banks that have so far dragged its feet to give the pot, will accept a negotiated settlement does not pass through a default of Greece said &quot;messy&quot; serious consequences. &quot;It&#39;s a negotiation s&#39;entame,&quot; said Didier Reynders. These discussions, held in Brussels with representatives of the Institute of International Finance (IIF), the banking lobby, &quot;still, there is no agreement yet,&quot; said a source told AFP familiar with the matter. </p>
<p> In return for the effort required on the Greek claims, it is intended to recapitalize European banks to the tune of nearly 100 billion euros. The subject was Saturday in the agenda of the ministerial meeting.According to sources cited by Reuters, an agreement in principle was reached by European finance ministers on the recapitalization <a href="http://pay-day-loans-4all.com">faxless pay day loans</a><!-- . -->. European diplomats interviewed by AFP were less categorical in the late afternoon. &quot;There is no agreement on the recapitalization, it gets stuck a little.&quot; According to one of these diplomatic sources, &quot;Spain insists on having a comprehensive, not only on the recapitalization of banks but also on strengthening the European Financial Stability Fund (EFSF). &quot; On the other hand, &quot;the ministers are trying to agree on the minimum capital.&quot; </p>
<p> The European Banking Authority (EBA) has proposed that banks reach a level of capital of 9% by mid-2012.A diplomat acknowledged that some countries in the viewfinder of the markets, like Italy, Spain or Portugal, feared that the recapitalization will further undermine public finances. </p>
<p> • The Fund will not support a bank
<p> Moreover, the French proposal to grant a banking license to the Fund support the euro area (EFSF) so he can refinance with the European Central Bank &quot;is no longer on the table,&quot; said Minister Dutch Finance Jan Kees de Jager. Only two options are being discussed to increase the firepower of the device, he told reporters Saturday. These two tracks on the agenda now that the mechanism acts as a partial insurance of the public debt of countries in difficulty or higher participation of the IMF to the device, according to a German government source.But there is &quot;significant differences between countries&quot; on the issue, said Jan Kees de Jager. </p>
<p> How to leverage the capacity of the EFSF was the main sticking point between Berlin and Paris at the approach of the EU summit. France, worried about its budget deficit and are &quot;triple AAA&quot; prefer tap into the existing European funds, starting with the ECB. Germany, also sensitive to the separation of powers as inflation risks, refuses anything resembling a crisis by printing money in Europe. France was not only to advocate the involvement of the ECB, arguing that this system worked very well in the United States or Great Britain.She was supported by Spain, Italy or Belgium. </p>
<p> The European Relief Fund currently has a lending capacity of 440 billion euros, part of which is already committed for Ireland and Portugal. This envelope is considered insufficient to prevent contagion of the debt crisis in countries as large as Italy and Spain, increasingly in the firing line of credit rating agencies. European countries negotiate so hard for weeks on the best way, via a &quot;leverage&quot; to multiply by up to five response capacity of the Fund&#39;s financial debt of fragile countries. </p>
<p> (With agencies) </p>
<p> ALSO READ: </p>
<p> &quot;GRAPHICS &#8211; The crisis of the euro, or the history of contagion </p>
<p> &quot;SPECIAL &#8211; Banks in turmoil </p>
<p> &quot;Paris and Berlin are seeking a solution for banks </p>
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		<title>The royal wedding is worth 10 million euros in Monaco</title>
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		<pubDate>Tue, 20 Sep 2011 21:08:01 +0000</pubDate>
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		<description><![CDATA[ Albert II of Monaco and Charlene Wittstock reported close to the rock. The royal couple, who has said yes last July, allowed Monaco to garner nearly 10 million. The celebrations, which took place over three days, had in fact cost 19.578 million euros (paid by the State of Monaco to the tune of 9.178 [...]]]></description>
			<content:encoded><![CDATA[<p> Albert II of Monaco and Charlene Wittstock reported close to the rock. The royal couple, who has said yes last July, allowed Monaco to garner nearly 10 million. The celebrations, which took place over three days, had in fact cost 19.578 million euros (paid by the State of Monaco to the tune of 9.178 million and 10.4 million in the Palace). But the direct and indirect economic benefits are, they estimated at 29 million euros, according to the Institute of Statistics Monaco (IMSE). </p>
<p> Direct benefits, which include expenses related to the organization made in the Principality, were valued at 14.9 million euros.According to the Minister of State Michel Roger, &quot;76% benefited local economic entities&quot;, ie the sectors of hotels, restaurants, service providers and equipment supply. </p>
<p> The indirect benefits generated by visitors and participants in various events during the wedding, have immediately helped raise 4.6 million euros (2.5 million are still went to the restaurant, 1, 5 to 0.6 million hotel and derivatives such as objects and stamps). In the long term, they need to generate about 9 million. </p>
<p> &quot;Capitalize&quot; on these benefits
<p> For Monaco and its 35,000 inhabitants, the bet seems successful. This marriage has given a boost to a tourism industry that marked the coup in 2009.The Tourism Monaco confirmed a very good month of July: &quot;The Principality has 75,000 monthly overnights. In July, 80% of them were occupied, &quot;said a statement citing&quot; great numbers that exceed the reference years were 2007 or 2008. &quot;The Oceanographic Museum and its exhibition &quot;Story of the Royal Wedding&quot; shows the tourist craze sparked by the marriage of July as recorded 100,000 visitors in less than a month. </p>
<p> To maximize the benefits for the long term, officials are working on Monegasque a special program named &quot;Monaco, the world capital of romance&quot; with the goal of &quot;capitalizing on the benefits of international royal wedding and set up a course marriage,&quot; said Bouquier Michel, the Commissioner General of Tourism. </p>
<p> ALSO READ: </p>
<p> &quot;Monaco: behind the scenes of royal wedding </p>
<p> &quot;Monaco and the United Kingdom: the game of marriage </p>
<p> &quot;The strange honeymoon Albert of Monaco and Charlene </p>
<p> &quot;SELECT FILE MY FIGARO &#8211; 2011, the year of weddings </p>
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		<title>Accommodation: aid refocused</title>
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		<pubDate>Wed, 14 Sep 2011 19:44:14 +0000</pubDate>
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		<description><![CDATA[ In full preparation of the Finance Act 2012, the government wants to reform the system help to improve the energy quality of housing. The daily Les Echos, the measures will be refocused to encourage the most effective work. 
 The reform provides for the extension of the tax credit for sustainable development &#8211; given [...]]]></description>
			<content:encoded><![CDATA[<p> In full preparation of the Finance Act 2012, the government wants to reform the system help to improve the energy quality of housing. The daily Les Echos, the measures will be refocused to encourage the most effective work. </p>
<p> The reform provides for the extension of the tax credit for sustainable development &#8211; given to households who install a heat pump or insulate their roof &#8230; &#8211; Until 31 December 2015. The credit will be enhanced even when the fireplace combine the installation of multiple devices. The Department of Ecology has also provided several scenarios in which the tax benefit may be increased to 50% instead of 13% to 45% today awarded based on the equipment installed.For roof insulation, for example, the owner will add those walls and piping <a href="http://payday-loans-e.com">fast cash advance loan</a><!-- . -->. </p>
<p> The return of accumulated tax credit &#8211; eco-PTZ
<p> Canceled earlier this year, the cumulative tax credit and an eco-interest loan will become possible, under certain conditions. The government plans an income ceiling set at 30,000 euros annually. In addition, households will still opt for the tax credit or the interest-free loan. The repayment period of the latter will also be extended to 15 years instead of 10 now. </p>
<p> In against part of the aid extended, the government will however reduce the benefits to other work. The list of eligible acts will be tightened, and a movement of the plane of 10% will be applied to the current subsidy rate.</p>
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		<title>Savers: Do not panic, but concern about the risks</title>
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		<pubDate>Tue, 13 Sep 2011 03:36:13 +0000</pubDate>
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		<description><![CDATA[ &#34;Customers are asking us if they have to worry about. To reassure them, we remind the facts, we communicate on our exposure to Greece &#8230; our profitability, &#34;said Jean-François Sammarcelli, Network Manager of Societe Generale France. He said the withdrawals are not more important than usual, as the bank continues to attract savings &#8230; [...]]]></description>
			<content:encoded><![CDATA[<p> &quot;Customers are asking us if they have to worry about. To reassure them, we remind the facts, we communicate on our exposure to Greece &#8230; our profitability, &quot;said Jean-François Sammarcelli, Network Manager of Societe Generale France. He said the withdrawals are not more important than usual, as the bank continues to attract savings &#8230; but the wealthiest clients shall, as a precaution, to spread their cash across multiple institutions. &quot;Those other banks have the same reaction. We therefore also take this opportunity, &quot;he adds. This is a situation that the banks had already known in 2008. </p>
<p> In every European bank, customers benefit because in case of bankruptcy of a guarantee on their deposits: checking account, savings plans, deposit accounts, or bank books (excluding Livret A, guaranteed by the state).But it is capped at 100,000 euros per person. </p>
<p> In France, it is provided by the Guarantee Fund deposits, which now has &#8230; two billion euros. Obviously too small a sum to compensate customers of a major bank. &quot;The fund is one of the best capitalized in Europe. And he may at any time raise additional capital or borrow from banks, &quot;says Thierry Dissaux, CEO of the Guarantee Fund deposits. In practice, its mission is primarily to avoid the worst, by participating in the rescue of troubled institutions before it is too late. </p>
<p> Life insurance affected?
<p> And it is ultimately the more reassuring for the French: none imagine that the state gives up a large bank <a href="http://payday-advance-i.com">low fee payday advance</a><!-- . -->. The debate, which opened this weekend on the assumption of a partial nationalization in point.Some investors wonder, them, especially the fate of their contract of life insurance. Although insurers claim to have little Greek bonds, a default of Athens served diminish returns to investors. Yields as affected by the collapse of the Exchange. </p>
<p> Insurers also hold, in proportions much larger government borrowing Italian or Spanish. If concerned about this exposure to sovereign debt, and disappointed by the declining returns of their investment favorite, the French withdrew their money en masse, insurers could be forced to sell their assets at the worst time. &quot;We&#39;re not there. Withdrawals from the contracts increases for two years, partly because the holders of life insurance age and draw on their savings to finance their retirement, &quot;said Chistophe Eberle, President Optimind, actuarial consulting firm.But insurers still manage the risk. &quot;In 2008, the drying up of liquidity in the markets had led to withdrawals from the contracts. In our funds in euros, so we decided to keep cash in the interests served by our bond portfolios, to be ready to face any withdrawals, &quot;says Sonia Fendler, General Heritage. </p>
<p></p>
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		<title>To a higher VAT for luxury hotels?</title>
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		<pubDate>Fri, 02 Sep 2011 08:56:05 +0000</pubDate>
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		<description><![CDATA[ Wednesday, the Finance Committee has removed one of the measures of the austerity plan of government: the increase in VAT from 5.5% to 19.6% in the theme parks. Problem: this increase was to bring 90 million euros annually to the state. Gilles Carrez, the UMP rapporteur of the Budget to the Assembly, has devised [...]]]></description>
			<content:encoded><![CDATA[<p> Wednesday, the Finance Committee has removed one of the measures of the austerity plan of government: the increase in VAT from 5.5% to 19.6% in the theme parks. Problem: this increase was to bring 90 million euros annually to the state. Gilles Carrez, the UMP rapporteur of the Budget to the Assembly, has devised a solution to compensate this loss. It proposes to increase from 5.5% to 19.6% VAT for five-star hotels and palaces. </p>
<p> Gilles Carrez also wants to restore rebates on real estate gains for second homes and rental investment <a href="http://cash-advance-nofax.com">flexcheck cash advance</a><!-- . -->. The reduction would be 5% per year after five years in prison, resulting in a total exemption after 25 years. In its austerity plan, the government abolished the previous reductions (10% per year after five years). MP seeks action to offset the cost that would be generated by the new allowance of 5%.</p>
<p> All these measures are only proposals. They can not see the day that if affirmative vote of deputies and senators at the meeting. </p>
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		<title>For Obama, Congress slows recovery</title>
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		<pubDate>Sun, 21 Aug 2011 12:32:04 +0000</pubDate>
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		<description><![CDATA[ Barack Obama came on the same level in the campaign for his re-election in 2012, do not miss any opportunity to castigate the Congress. And first of his Republican opponents who control the House of Representatives. After accusing them of having lost the country&#39;s triple AAA, the U.S. president, on Saturday from his holiday [...]]]></description>
			<content:encoded><![CDATA[<p> Barack Obama came on the same level in the campaign for his re-election in 2012, do not miss any opportunity to castigate the Congress. And first of his Republican opponents who control the House of Representatives. After accusing them of having lost the country&#39;s triple AAA, the U.S. president, on Saturday from his holiday resort of Martha&#39;s Vineyard, singled out &quot;some&quot; blocking parliamentary measures &quot;common sense&quot; intended by him , create jobs and help growth. </p>
<p> In its traditional broadcast weekly radio address, Barack Obama said the bill, currently stalled, relate to the construction, trade and taxes, and that they should &quot;boost&quot; the economy. &quot;The only thing that prevents us to pass these texts is the refusal of some on Capitol Hill to put national interests before those of their party.This is the problem today is that hinders the country, &quot;he said. </p>
<p> Barack Obama also confirms the fears of equity markets on the health of the world&#39;s largest economy. &quot;We are in a difficult, terrible recession,&quot; he admitted. &quot;So we need people in Washington, people whose job is to manage the affairs of the country, the people you elected to serve <a href="http://us-no-fax-payday-loans.com">online payday loans</a><!-- . -->. We need to solve problems by putting aside our differences, &quot;he adds. </p>
<p> &quot;Do not betray his principles&quot;
<p> The response from the other side was not built to wait. &quot;Divided government is no excuse for doing nothing,&quot; ruled John Kasich, the Ohio governor, in a speech on behalf of the Republican opposition. &quot;It does not replace the authority of the President of the United States.I hope that President Obama listen to his fellow Republicans as well as to get the economy back on track by creating jobs and manufacturing growth. &quot; </p>
<p> The latter, however, urged his side to make more compromises when necessary. &quot;It is equally important that the Republicans are not rigid about working beyond the party lines when the stakes are high. We can compromise on policy as it does not betray his principles. &quot; </p>
<p> ALSO READ: </p>
<p> &quot;Barack Obama open&quot; air pocket &quot; </p>
<p> &quot;Obama promised a plan for employment in September </p>
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		<pubDate>Sat, 13 Aug 2011 18:12:15 +0000</pubDate>
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		<description><![CDATA[ Orange did he reckless? In an internship this week published on its website, the telephone company revealed some clues about the future model of the iPhone Appel keeps top secret. Orange are to believe the arrival of the new smartphone could be a big impact &#34;on consumer Internet customers.&#34; Apple secrecy to keep the [...]]]></description>
			<content:encoded><![CDATA[<p> Orange did he reckless? In an internship this week published on its website, the telephone company revealed some clues about the future model of the iPhone Appel keeps top secret. Orange are to believe the arrival of the new smartphone could be a big impact &quot;on consumer Internet customers.&quot; Apple secrecy to keep the new model of its smartphone, the smallest bit of information about the device is hounded by fans of the brand. The operator did not comment on the information. </p>
<p> In the job description, statement by the site Mac4ever.com, Orange says that &quot;one of the main issues the mission will be to define as precisely as possible the impacts of a device like the iPhone 5 on the consumption of internet customers &quot;. A little further, it is discussed again the technical capabilities of the &quot;iPhone 5&quot; citing a &quot;change of use induced <a href="http://payday-loans-nofax.com">no faxing payday loans</a><!-- . -->.&quot;The course, whose duration is not specified, is offered to any candidate of a &quot;bac +4 or 5&quot;, &quot;training business school, university marketing or engineering course.&quot; </p>
<p> Leakage and clues
<p> For now, the new model of the firm at the apple does not even name, but fans call him the iPhone 5. Apple intends to spring a surprise at the presentation, probably in the fall of the device by the big boss Steve Jobs. But a few leaks have already created a stir on the Web. Thus, prototypes of covers for the unit exposed on the Internet suggest that the phone is thinner and has a larger screen. </p>
<p> Some new features expected seem to motivate the concern of Orange on new uses for its customers.</p>
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		<title>Between Kraft cheese biscuits and sweets</title>
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		<pubDate>Fri, 05 Aug 2011 19:52:05 +0000</pubDate>
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		<description><![CDATA[ Kraft, the world of food, getting ready for a new metamorphosis. Four years after its separation from the cigarette company Philip Morris and the acquisition of LU (Danone), eighteen months after the takeover bid for Cadbury, CEO Irene Rosenfeld said Thursday the next split in the group. &#34;The board wants to create two independent [...]]]></description>
			<content:encoded><![CDATA[<p> Kraft, the world of food, getting ready for a new metamorphosis. Four years after its separation from the cigarette company Philip Morris and the acquisition of LU (Danone), eighteen months after the takeover bid for Cadbury, CEO Irene Rosenfeld said Thursday the next split in the group. &quot;The board wants to create two independent publicly traded companies: snacks, global, high growth, and a grocery business in North America to high margins,&quot; said Kraft, which is given by at the end of 2012 to achieve this.The group indicates neither the names of these entities, nor the identity of their future leaders. </p>
<p> The grocery store ($ 16 billion in sales) will bring together historic brands: Philadelphia cheese, Maxwell House coffee, Jell-O blanks, the Oscar Mayer wieners, sauces Miracle Whip &#8230; The other company will bring together the chocolate brands (Milka, Cadbury), cookies (Oreo, LU), chewing gum (Trident, Hollywood) &#8230; The snacks, 42% of sales come from emerging markets, makes 32 billion dollars in sales. </p>
<p> Two distinct logical purchase
<p> These two activities &quot;now differ in their strategic priorities, their growth patterns and their operational focus,&quot; said Irene Rosenfeld, who took over the group in 2006 <a href="http://payday-loans-application.com">cash advance flexible payments</a><!-- . -->. They also respond to two distinct logics of purchase: for impulse buying chocolate and cookies, traditional races in the fresh to the grocery store.</p>
<p> In recent years, snacking activity had become the main growth driver for Kraft, who had separated from his cereal brands (Post) and frozen pizzas (DiGiorno). &quot;Several activities were more consistent with the new face of Kraft, including dairy products, says Ildiko Szalai, an analyst at Euromonitor. The group&#39;s growth was also hampered by its activities in North America, a very mature market, strongly impacted by the recession. This does not mean that it is a step prior to the sale of this business. &quot;By strengthening the visibility of snacks, Kraft also hopes to gain credibility with investors. Even the most critical among its shareholders, the businessman Warren Buffett, welcomed the split. </p>
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