Posts Tagged ‘life’

EU urges Russia to lift its ban on vegetables

Thursday, June 2nd, 2011

The deadly bacteria causing 18 deaths in Europe after eating poisoned vegetables now also international relations. While the European Commission has lifted its warning on Wednesday cucumbers Spanish, initially suspected of carrying the infection, Moscow took the initiative Thursday to suspend imports of vegetables from Europe, provoking the ire of Brussels.

"The ban on imports of fresh vegetables, which concerns all countries of the European Union takes effect this (Thursday) morning," said the head of the Russian agency for consumer protection, Gennady Onishchenko. Vegetables already imported from the EU "will be entered in all Russia," he added. Believing that health standards were followed by Russia with more professionalism than in the EU, he invited the Russians to buy local.Epidemic 'shows that European health legislation, which some press Russia to adopt, does not work, "he judged.

This measure was "disproportionate" by Brussels, which called for the immediate lifting of the embargo. The European Commissioner for Health, John Dalli, sent a letter to the Russian authorities to express its concern.The Commission argued that the outbreak is confined "to a limited geographical area, mostly to the north of Germany" and has "kept fully informed about the epidemic situation in a transparent manner all its trading partners, including Russia, and will continue to do so. "

According to the EU executive, the EU exports of fresh vegetables to Russia account for 600 million euros per year.

Spain is a lack of clarity on rules

For their part, the Spanish authorities have announced their intention to seek compensation for losses suffered by the export market of local vegetables. Spanish cucumbers were charged initially have transmitted the deadly bacterium in Germany, before analysis invalidate this theory.The European Commission, which had issued a warning to its consumers, has lifted its warning on Wednesday night.

There is not the "slightest evidence" of involvement of Spanish products in the deadly outbreak of diarrhea, reaffirmed the Spanish Prime Minister Jose Luis Rodriguez Zapatero on Thursday. Madrid will "require the repair of damage (for its agriculture, ie) before the competent bodies in Europe," he said.

He however regretted that the Commission has not had a reaction "more clear" in this case, "particularly in clarifying what are the rules in the European Union regarding the borders." Several European countries have stopped buying fruit and vegetables in Spain because of this crisis."Now we have a task ahead of us, very ambitious, which is to recover as quickly as the good reputation and marketing of all Spanish products," said Zapatero.

The portuguese authorities have also sent a report to the European Commission on the impact of the crisis on domestic agriculture, seeking compensation for producers. "In one week we already had a prejudice about two million. I hope the Commission will quickly identify those responsible and compensate the countries that experienced a negative impact on production, "said Portuguese Agriculture Minister, Antonio Serrano.

(With AFP)

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Smart put on the agreement with Renault

Wednesday, June 1st, 2011

After holding the position of sales manager of Mercedes in Europe, Annette Winkler, 50, agreed last September a big challenge, taking the direction of Smart. For if, in the automotive division of Germany's Daimler, sales of the brand with the star jumped 15.3% last year, they have instead of Smart fell by 16.6% falling below the 100,000 copies (97,500).

Main challenge, launched in 2007, the current ForTwo, which "is in the middle of its life cycle has not been renewed recently, the boss says Le Figaro Smart. Since the shutdown of the Roadster (end 2005) and the Forfour (2006), this small two-seater declined in coupe and convertible is the only model in the range.

The cost of tax loopholes skids

Saturday, May 28th, 2011

If the 500 tax loopholes are losing 72 billion euros of revenue to the state, because they are widely used by households and businesses. In point of sometimes being victims of their success. Result, year-end, cost is higher than had been budgeted at the previous fall in initial budget act. This is shown by the "annual performance reports" of 2010, documents published by Bercy Wednesday.

Thus, the reduced VAT in the restoration has cost 3.13 billion euros to the state in 2010, instead of the 3 billion expected. If this divergence is not huge, it will add grist to the mill of the many critics of the measure. Other niche challenged the cost soared: the premium for Employment (PEP). The state has spent $ 3.56 million last year for this tax credit for workers modest, instead of the 3.2 billion expected.And this while another aid mechanism, the RSA "activity", is duplicate with the EPP.

The exemption from income tax for overtime, a measure supported by the majority but criticized by the Socialists, has it, cost 1.36 billion in 2010. It is 160 million more than expected. Explanation: Recovery has promoted the use of overtime.

Similarly, the slippage of the cost of research tax credit – 4.5 billion instead of 4 billion – may be seen as a sign of renewed vigor of research in industry or, conversely, as the developer of the excessive generosity of the tax reduction. The Consolidated Global Profit Tax System, awarded to only five groups (including Total and Vivendi), cost 461 million instead of the 302 million budgeted.What revive, again, the debate on this benefit …

Abyss of self bonus

The documents allow Bercy be noted some improvements. Thus, the recalibration of tax credit on income for the equipment green house has borne fruit. For the first time, the cost of this niche has been in line with what had been budgeted (2.6 billion). Other important niche remained in the nails: Tax Credit for employment of staff at home (1.75 billion). As for the niche most expensive – reduced VAT for the work of housing – it cost a little less than expected (5.05 billion instead of 5.15 billion).

Remains a fundamental problem: Many tax benefits are not considered as niches by the Budget Ministry.

By adopting a more comprehensive, Philippe Marini, the rapporteur UMP budget in the Senate, amounts to 220 billion cost of tax loopholes, instead of 72 billion Bercy. Example: The bonus-malus automobile is not considered a niche. However, its cost has gone wrong in 2010, reaching 521 million instead of 126 million budgeted!

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In Spain, the "lost generation" remains committed

Sunday, May 22nd, 2011

The economic austerity, mass unemployment and the impending local elections have, since last Sunday, the emergence of a broad popular movement among the youth of Spain this week. Los indignados ", ie Indignant, as they call themselves, occupied since last Sunday instead Madrid Puerta del Sol.

Now "illegal", the electoral truce in effect banned the demonstrations, but determined to hear their ras-le-bol of the crisis and unemployment, hundreds of youths were mobilized Saturday in the camp alternative to the Puerta del Sol in Madrid .Shouting "we are now illegal," an immense crowd welcomed Friday at midnight on the start of the truce, after, at the stroke of the clock, symbolically launched a "silent scream" of scotch tape on the mouth, arms raised to heaven.

"Apolitical" and "citizen"

Saturday morning, a thousand protesters still occupying the "village" of tents and plastic sheeting instead of blue madrilène.L agency Efe, based on counting a specialist company, puts the figure of 19,000 protesters Friday night to the Puerta del Sol and surrounding streets, crowded. Other media put the number at 25,000 to 60,000 in Madrid and throughout Spain. The movement has indeed spread throughout Spain under the slogan "Toma la plaza" (Takes place). It is present in 57 cities.The youth movement, building on its growing popularity, plays on the ambiguity of the law and the embarrassment of the government, repeating that he is "apolitical," "citizen" and that the days of Saturday and Sunday will be devoted to the pursuit of "reflection" collective. "We act in full respect of the truce election meetings will be held but no action will be decided," Lopez said Saturday, a spokesman.

"We do not want to overthrow the politicians, just to restore the level of concern of the street, told El Pais Gandara, a spokesman of the movement. "We are not anarchists, nor opponents of the system. We are just normal people "who want a form of participatory democracy.

This spontaneous mobilization, also called the May 15 Movement, was organized as the Arab revolt, via online social networks Twitter and Facebook and on the principle of "right to be indignant." Wednesday, El Pais had counted 10,000 participants in Madrid. The watchwords: the stranglehold of the major parties on Spanish politics, social injustice and the "corrupt politicians". In the background, an unemployment rate of 21.19%, the highest in the euro area, which affects almost half the age of 25.

Police Discrete

"I have great respect for those who demonstrate, they do so peacefully, and I understand that this is due to the economic crisis, in their desire to find a job," said on Friday the first Outgoing Minister Zapatero socialist on the radio Cadena Ser.

The police presence, despite a ban on protests, remained quiet throughout the evening, limited to a few police cars parked around the square. The government, embarrassed by this spontaneous movement occurred a week of regional and local elections on Sunday ahead disastrous for the Socialists, had said on Friday to show "understanding."The Interior Minister Alfredo Perez Rubalcaba, had suggested that police action could be avoided provided that no overflow takes place.

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ICL sees its transition to free

Saturday, May 7th, 2011

LCI she will soon be a free DTT channel? The matter is under study in TF1 wants to preserve one of its jewels. The first group of private television has quietly begun consulting the public to know under what conditions this could be changing.

The proposed solution is the demand in good and due form the High Council of Audiovisual (CSA) changes of the Convention on LCI pay channel free channel. What embarrasses the regulator, because the operation is not without risk and "give rise to litigation," promises an expert of the file.

TF1 pleads for the public interest and diversity of information in television. But critics denounce them, "a substantial modification if it completely changes the LCI media landscape." And everybody will go before the State Council.Government side, we observe with interest the maneuver. The State has to settle the sensitive issue of bonus channels, the passage of free LCI could be a good way to calm the war between TF1, M6 and Canal + since it unveiled its draft Canal20 free channel. In exchange for the rescue of LCI, TF1 calm his opposition to the arrival of new competitors.

Finding new advertising revenue

Canal + has been very clear make quick cash. This is not about to pay 15 million euros per year for LCI is only CanalSat. Bertrand Meheut, CEO of Canal + 'the info is now free. " Canal + in fact no longer wants to put money on the table to distribute news channel competing with its own channel i-Tele. According to observers, Canal + could just pay 2 million euros per year. This will leave a hole in the finances of LCI.Especially as Numericable is preparing, in turn, reduce by half the fee of 5 million. Consequently, LCI, which is already losing 5.8 million euros for a turnover of 42.7 million must find the money. The news channel is currently negotiating distribution for all IPTV operators but this is not enough to offset the loss of the amount of Canal +.

If LCI chooses to stay free, we must find twenty million of additional advertising revenue to balance its accounts. But the market is crowded by BFM TV which has a total turnover of 34.5 million euros and i-Tele.

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A beaver dam obstructs an oil spill

Friday, May 6th, 2011

Unusual. A beaver dam to stem a large oil spill. The rupture of a pipeline company Plains Midstream Canada near a native village in the north of the Canadian province of Alberta has caused the discharge of the equivalent of nearly 28,000 barrels of oil. But the escape of fuel has been stopped in the race … a dam built by beavers!

Oil spilled on a strip of about 700 meters long and 30 meters wide but was isolated at about 300 meters of a watercourse. "It is true there is a beaver dam in this area and that it contained the spill at first," said Wednesday the Alberta Minister of Environment Rob Renner.

"Minimal impact on wildlife"

This rodent, particularly the Canadian beaver is known for making huts and dams on streams and rivers.Margaux Rat, research officer at FRAPNA (Fédération Rhône-Alpes de Protection de la Nature) stresses that the beavers' dam had to do in advance to maintain a water depth or a certain dynamic that hydrosystem it occupies. "

Helped by beavers, the Environment Minister was able to declare: "The situation is under control." However, the leak is found the largest since 36 years in the oil province of western Canada.

Finally, the accident has had a "minimal impact on wildlife," stated Rob Renner. The death of a dozen ducks and beaver is to be deplored.

Euro Disney: A trader at the origin of the increase?

Wednesday, March 30th, 2011

Take action publicly traded group neither too small nor too large, but rather the media. Shake it skillfully through several transactions not too discreet. Let the rumor thrive … When the market this action starts to boil, enjoy.

This technique of "tea" – a form of manipulation, of course – may well be that the action was lively Euro Disney in recent weeks. In February, the stock suddenly more than doubled to more than 9 euros, in trading volumes amazing (up to 4 no fax pay day loan.5% stake in one sitting). He still traded around 7.70 euros today.

The Autorité des marchés financiers (AMF) is conducting its investigation for several months. But according to our information, a track is preferred.That of a small company of algorithmic trading, based abroad, including the AMF has already crossed the name several times in similar surveys. The AMF is no comment.

The bad news is Back Cac 40

Friday, March 11th, 2011

While the CAC 40 is not reached Wednesday in preserving the 4000 points it away again this threshold on Thursday. At the close, the index in Paris fell back from 0.75% to 3963.99 points, after losing more than 1% during the session.

At the London Stock Exchange, the FTSE-100 lost 1.55% to 5,845.29 points and Frankfurt Stock Exchange, the DAX 0.96% to 7063.09 loose points.

It is true across the Atlantic, the New York Stock Exchange is also changing in significant decline, despite a drop in oil prices, particularly penalized by poor economic indicators in the U.S. and China: the Dow Jones lost 1.28 % and the Nasdaq 1.47% to 17.45 Paris time.

Moreover, fears about the debt levels of European states have also weighed.The rating agency Moody's downgraded the sovereign debt rating to Aa2 from Spain and warned it was not immune to a further reduction, saying the projects would cost consolidation in the banking sector more than expected and add to debt.

In addition, Lisbon yesterday borrowed at record levels, more than 7.5%, considered critical by many experts. The president himself has expressed his concerns. In the wake of Portugal, the rates in Spain and Italy have also found peaks at over 5%.

As for commodities, oil prices resumed.In early afternoon in Paris, on the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for April delivery traded at 103.00 dollars, down from $ 1.38 the day before.

In statistical terms, the French industrial production rose 1% in January, after rising 0.2% in December, INSEE said Thursday.

And wage employment in the market sector grew by 0.2% in the fourth quarter of 2010 over the previous quarter, or 37,600 net new jobs created, and the rise throughout the year is 0.9% with 124,600 jobs created, according to final data from INSEE on Thursday.

In addition, the Bank of England, as expected, kept its key interest rate Thursday to its lowest level ever and left open its program to repurchase assets, despite the inflationary risks exacerbated by higher crude prices.In addition, weekly jobless claims rose more than expected in the United States during the week to March 5, 371,000 to 397,000 cons (revised) the previous week, said Thursday the Labor Department. Economists on average had expected 378,000 registered unemployed.

Carrefour leads the CAC 40

The titles are the most defensive in the green as Carrefour (1.27% to 32.64 euros, the biggest increase CAC 40), Danone (0.63% to 44.78 euros) and Sanofi-Aventis (+ 0.26% to 50.41 euros).

Publicis, advanced 0.18% to 39.63 euros. The media group has announced the acquisition of the British agency Airlock, a company specializing in digital communications and based in London.

Outside the CAC 40, Soitec flew nearly 10% to 9.73 euros after announcing a major contract for a solar farm in the United States.Analysts estimate the value of the turnkey contract of nearly 500 million euros, 60% to 75% for Soitec high quality business cards.

Valeo him ahead by 1.01% to 43.52 euros after the publication of its annual results and especially the recovery of its objectives. He is now an operating margin above 7% in 2015 against 6.4% last year. The return on capital invested should be maintained above 30%. The French automotive supplier said further study the possible issuance of bonds for 500 million euros.

Lagardère that folds from 1.37% to 32.34 euros has also released its results.The group media group Publishing and has published a net profit of 163 million euros for 2010, up 18.9% year on year, and announced that its flagship media had conducted a performance slightly above expectations.

France Telecom also declined from 0.93% to 15.46 euros. In an interview with the daily Les Echos, the group's CEO, Stephane Richard, denies the possibility of a "functional separation", raised by the Competition Authority. The operator wants to deploy a fiber optic network into homes.

GDF Suez abandons him nearly 0.79% to 12.58 euros. Forty buyers, mainly from UK pension funds, have flocked yesterday on the issuance of debt to 100 years by GDF Suez. Demand reached 400 million euros of these titles, so that the broadcast was limited to 300 million euros by the group.Those first bonds issued in euros 100 years show a yield of 5.95%.

Air France-KLM (-0.87% to 11.98 euros), Alitalia and Delta Airlines are discussing with the Indian carrier Jet Airways a wide partnership, prior to entry into Skyteam, advance the Tribune. The agreement between the Indian company and Air France, KLM, Alitalia and Delta Airlines could be signed in 2012.

Vivendi was down 0.47% to 19.98 euros after announcing the appointment of Lucian Grainge as CEO of Universal Music Group (UMG). Lucian Grainge was previously Chief Executive Officer of UMG. It remains attached to Jean-Bernard Lévy, Vivendi chief executive, and board member of Vivendi.

The side of smaller values, Bonduelle slips 0.02% at 65 euros.The specialist in vegetables, on Thursday posted a net profit down 38.5% to 15.5 million euros in the first half of its fiscal year 2010-2011, but has announced revised upwards its annual target for operating profit current.

Conversely, the paper group Sequana folds from 2.03% to 12.80 euros after announcing a 2010 net profit up 60% to 32 million euros for a turnover up 6% to 4.3 billion euros this year and aims to improve its operating performance.

Gemalto plunges him from 1.70% to 35.64 euros.Le manufacturer of smart cards, on Thursday posted a net profit after minority interests rose 42.7% in 2010 to 163.9 million euros, with turnover also in progress, 19%, to 1.9 billion euros.

MR Handyman rose 1.44% to 14.10 euros after announcing an increase of 29.8% of its ordinary operating profit 2010, while sales have grown by 3.2% thanks to strong performances from its stores. The company will propose a dividend of 0.58 euro per share, up 1.7%.

The CAC 40 dropped below the 4000 points

Friday, February 25th, 2011

Between the political tensions in the Middle East, the new wave of results announcements and unemployment figures, the meeting promises to be eventful Thursday for the CAC 40. The index in Paris lost 0.72% to 3984.36 points, passing below the 4000 points. What does it was the first time since mid-January.

On the stock market in Frankfurt, the Dax lost 0.83% to 7134.70 points and the FTSE-100 from the London Stock Exchange was down 0.88% at 5871.69 points.

Wednesday, Wall Street closed down for the second straight session, losing more than 2% in two days.Same atmosphere in Tokyo where the Nikkei loose over 3.5% since the beginning of the week.

Announced unemployment down sharply in January

About unemployment, which figures will be released at 18 hours, the Labour Minister, Xavier Bertrand, assured that he would be in sharp decline for the month of January.

Moreover, consumer sentiment remained stable in February to 85 points and remains "well below its long-term average, said Thursday the National Institute of Statistics (INSEE).

For the euro area, the confidence index of entrepreneurs and consumers in February will be released in 11 hours.

United States, are due on weekly claims for unemployment benefits (1430), orders for durable goods in January (1430), sales of new homes in January (16 hours) and the weekly inventory of crude oil (16 hours ).

On the currency markets, the euro continues to gain ground against the dollar, the euro this morning quoting 1.3766 (+0.12%).

Oil at more than 112 dollars in London

Crude prices have reached levels not seen for two years Thursday on markets in Asia, supported by the surge of violence in the Arab world and particularly in Libya, a major producer of black gold, analysts said. In morning trading, a barrel of light sweet crude for April delivery gained $ 1 to 99.10 dollars.That of Brent North Sea crude for April delivery has appreciated by 85 cents to 112.10 dollars.

The King of results announcements continues today.

Stéphane Richard officially CEO of France Telecom

Credit Agricole 2.68% to 12.09 euros

Credit Agricole posted Thursday a net profit in 2010 increased 12% to 1.263 billion euros, despite a loss in the fourth quarter due to an impairment charge.

France Telecom: -1.98% to 15.87 euros

France Telecom on Thursday posted a 2010 turnover of 45.5 billion euros, up 0.6% excluding regulatory measures, while its net profit also rose to 4.88 billion, in line with analysts' expectations.

The board of directors of the telephone company has formalized Wednesday, the eve of the publication of annual results of the group, the appointment of Stephane Richard as CEO from 1 March 2011.

Saffron: -1.55% to 24.51 euros

The aerospace and defense OEM French Safran announced Thursday it made a profit adjusted net up 29% in 2010 and is optimistic for 2011 with the objective of increasing its operating income by at least 20% .

Supply: Washington will decide

Edenred: -0.76% to 19.05 euros

The prepaid industry, Accor, Edenred, reported Thursday a net profit of 68 million euros for 2010, against a pro forma net loss of 57 million euros a year earlier.

Vallourec: -4.56% to 74.11 euros

Vallourec 2010 results on Wednesday declined due to lingering effects of the crisis on its activity and said that its margins are under pressure in the first half of 2011.

Dexia 0.50% to 3.22 euros

Dexia announced the results below expectations in 2010 but maintained its financial targets for 2014.

EADS: -0.53% to 20.74 euros

The Pentagon is expected to unveil Thursday its decision on the mega-tanker contract from the U.S. Air Force, for which the U.S. aviation giant Boeing and Europe's EADS are competing for several years.

Air France postpones Paris-Tripoli

Air France-KLM: -1.08% to 11.50 euros

Air France-KLM has decided to postpone until further notice the opening of its Paris-Tripoli, scheduled for March 29 because of the situation in Libya, said the airline.

Vilmorin: -0.35% to 87.47 euros

Vilmorin has confirmed its full-year after a first half marked by a reduced loss from one year to another through the bond of its activity.

Ipsos: -1.62% to 33.95 euros

Ipsos has announced plans to increase its operating margin to 11% and do better than market growth studies expected 5% in 2011, having exceeded its targets for 2010.

Dassault Aviation, a subsidiary of Dassault, owner of Le Figaro, is hopeful of winning a contract to supply 60 Rafale fighter jets in the UAE, for $ 10 billion, officials said adding that the group negotiations continued.

Award: Successful debut for Jemini

Technicolor: 1.10% to 5.31 euros

Technicolor announced Wednesday it had received a firm offer for the activities of headends from Grass Valley, balances and its assets in the subsidiary being restructured and terminating its program of asset disposals.The group is in advanced talks with Orange to build its next generation of decoders in France.

Jemini: 9.74% to EUR 8

The specialist licensed products, Jemini, lists on Alternext Thursday.

In meeting, Crédit Industriel et Commercial release its quarterly results. After market, it was the turn of Thales, Saint-Gobain, Valeo and Eiffage present their annual results.

500 million euros more for employment

Saturday, February 12th, 2011

Nicolas Sarkozy announced Thursday that the government would generate an additional EUR 500 million in the budget for the job to fight against the long-term unemployment and promote early learning. "We will mobilize all our forces" for the job, said the head of state. "Growth has returned, the signs are encouraging, it'll work." Guest on the program "French Song" on TF1, the president said the new investment would be offset by savings in other departmental budgets.

Nicolas Sarkozy, who announced a year ago, during the same fiscal response to the French on TF1, "unemployment would fall in the months to come," was in a difficult position this Thursday evening when the situation is far from s be improved on the unemployment front in France.Although 2010 has been less dramatic than the 2009 balance sheet remains very negative.

Employment "at the heart of the priorities" of government

The hexagon returns to levels not seen since more than ten years: 31 December, there were between 2.72 and 4.05 million unemployed by their category. Be between 80,100 and 202,500 job seekers from a year earlier, however, increases 2-5 times lower than in registred in 2009.