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		<title>Workers at GM approved the recovery plan</title>
		<link>http://theatredigz.com/workers-at-gm-approved-the-recovery-plan/</link>
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		<pubDate>Tue, 20 Jul 2010 07:43:46 +0000</pubDate>
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		<description><![CDATA[ The verdict came last night, employees of the American manufacturer in Strasbourg agreed to make concessions to keep their jobs. The vote held yesterday are unambiguous: the employees of General Motors in Strasbourg overwhelmingly approved the recovery plan of the new GM entity. They thus accepted the wage freeze for two years and a [...]]]></description>
			<content:encoded><![CDATA[<p> The verdict came last night, employees of the American manufacturer in Strasbourg agreed to make concessions to keep their jobs. The vote held yesterday are unambiguous: the employees of General Motors in Strasbourg overwhelmingly approved the recovery plan of the new GM entity. They thus accepted the wage freeze for two years and a waiver of more than one third of the 17 days of RTT. Measures that conditioned the purchase of new GM plant because the agreement to return the site only if the cost of labor decreased by 10% without downsizing. </p>
<p> Of the 929 voters (out of 957 employees at the site, a rate of 97%), 645 voted for the plan (70.65%), while 268 voted against (29.35%) told AFP a CFDT delegate (majority), Union co-organizer of the vote along with the FOR and CFTC.Hostile takeover plan, the CGT had called on his side to vote &quot;no.&quot; </p>
<p> GM management Strasbourg was immediately welcomed the &quot;strong approval&quot;, saying that &quot;this result shows that employees have understood that the future of the site and its 1,150 jobs is a priority.&quot; </p>
<p> The Strasbourg plant which manufactures gearboxes for automobile manufacturers, including BMW, sought a buyer since the bankruptcy of the former American group. Born last year, the new GM, General Motors Company (GMC), is owned 60% by the U.S. federal government. </p>
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		<title>Naouri: &quot;Making coffee capsules is not allowed!&quot;</title>
		<link>http://theatredigz.com/naouri-making-coffee-capsules-is-not-allowed/</link>
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		<pubDate>Mon, 28 Jun 2010 18:49:48 +0000</pubDate>
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		<description><![CDATA[ The morale of French households do not appear to promote a clear recovery in consumption. In the first quarter, sales of Casino in France and have fallen 0.9% after falling 2.7% in 2009. Although the strong growth registered by the dealer Etienne abroad (10.2% in the first quarter, after 5% last year) largely offset [...]]]></description>
			<content:encoded><![CDATA[<p> The morale of French households do not appear to promote a clear recovery in consumption. In the first quarter, sales of Casino in France and have fallen 0.9% after falling 2.7% in 2009. Although the strong growth registered by the dealer Etienne abroad (10.2% in the first quarter, after 5% last year) largely offset the decline, the group must respond. Jean-Charles Naouri, its CEO, shares his strategy in an interview with Le Figaro. </p>
<p> LE FIGARO &#8211; The morale of your customer shops is it affected by the crisis? </p>
<p> Jean-Charles Naouri &#8211; Many signs show that pessimism has worsened. He returned in September 2008, at the peak of the crisis. Because of the crisis of Greek and that of the euro, the fear of losing his job and has increased the concern about the standard of living reached a record high since 2007.The French prefer the job security to their purchasing power and their career. This general pessimism is, however disconnected from the real economy, which seems to gradually resume. The France is no longer in a situation of risk of deflation, interest rates are permanently lower guarantee for the future and the weak euro is an element of revival. The figures, including our own business performance, are better that one or two years. </p>
<p> Consumer behavior changes there? </p>
<p> We found two relatively recent trends: first, in an environment perceived as more complex, consumers no longer want it decides for them. They want to regain control over the quality of products, their origin and value for money in particular.Similarly, while far to the client, other consumers were at best indifferent and at worst seen as troublemakers, he now draws more and more choices to their preferences and ratings. This horizontal communication facilitated by the Internet, this new proximity, we must reflect and inspire us to develop relationships with our customers in and outside the store. </p>
<p> How are you adapting? </p>
<p> We have an edge in this field, for we have long since put its proximity to the heart of our strategy. We could for example indicate, in each point of sale, the preferred products or selling. We already strong commitments on the quality of our products.We reassure our customers, for example about what they buy indicating on the Casino-brand products, in addition to the nutritional use, carbon footprint, or that they are no palm oil and gluten free. We just set up within the group, a Health Committee attended by several senior experts whose mission is to anticipate health issues and help Casino in making choices on offer. We also test innovative book-entry systems allow customers to share their recommendations. </p>
<p> Hypermarkets Géant Casino continue to lose market share.Are they so essential for the massification of procurement and management of shopping malls you plan to transfer them not to invest in your most promising formats nearby? </p>
<p> I believe in small and medium format hypermarkets (6 000-8 000 square meters), which constitute the backbone of malls. I believe in the relevance of non-food offer in textiles, leisure and home furnishings. Casino has no reason to separate from Géant Casino. Our superstores are as profitable as those of our competitors, and we set the target that market share has stabilized Géant Casino this year.Remember, also, that 40% of group turnover from international have a double-digit growth in France and the formats most carriers (Franprix, Monoprix supermarket Casino &#8230;) know growth significantly, which boosts the growth of overall revenue of the Casino. </p>
<p> How is the recovery of your brand discount Leader Price, whose sales fell sharply last year? </p>
<p> This is another priority group in France in 2010. We are very pleased with the sales growth in stores converted to the new concept and we accelerate the pace of renovation of retail outlets every week. </p>
<p> Could you introduce CDiscount stock exchange to accelerate the deleveraging of the group? </p>
<p> This is not the agenda.A listing imposes many constraints on management whose priority now is to continue growing at double-digit turnover. We are the leader, but in a very competitive environment. </p>
<p> Can you imagine Rueducommerce complementarities with the site, which Rally has just 8% of capital? </p>
<p> It is a very minority participation, without presence on the board of directors. </p>
<p> Nestle has taken action against Casino, which distributes coffee capsules Nespresso competing &#8230; </p>
<p> Making coffee capsules is not allowed! You know, in this area, the magistrate is the customer. He has to decide which coffee is better.It turns out that since our Casino capsules are on sale in the Paris region, the top-selling product in our store &#8230; We will soon sell them near St. Stephen and the webcast will be gradually extended throughout our network . </p>
<p> The major French retailers have started savings plans that have a significant impact on their workforce. How do you handle this situation, so that distributors suffer a bad reputation of employers, with a high turnover rate and the employment of older low? </p>
<p> We continue to hire in our stores and discount and the number of tellers has not declined. With hindsight, we can say today that the ticket machines do not destroy jobs. Overall, our social indicators are improving. Absenteeism and turnover have decreased in recent months.This is the result of an ambitious social policy and belief that diversity in all its forms is a chance for the group. Thus, we installed in a series of specific measures to promote gender equality and we are committed to recruit 500 people over the age of 50 over three years. Concerning disability, Casino went beyond the legal quota of 6%, with 9.8% of employees concerned. </p>
<p> Some of your franchisees Franprix remain open illegally on Sundays after 13 hours? Do you think the evolving regulatory environment? </p>
<p> The Casino has always respected the law, including work on Sundays. The cases you refer to only a few franchisees that do not represent the position of the group. However, we intend to respect the law and they have made it very firmly.This issue is societal debate but attitudes and practices are changing. </p>
<p> ALSO READ: </p>
<p> &quot;The e-commerce growing CEO Casino </p>
<p> &quot;Sales of the International Casino climb </p>
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		<title>Pensions Woerth ready to go further on the arduous</title>
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		<pubDate>Sun, 20 Jun 2010 17:58:33 +0000</pubDate>
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		<description><![CDATA[ Nicolas Sarkozy had given two days after the submission of the pension reform for the amendment and it was ultimately changed nothing. The bill, sent Friday around 22:30 unions serving the High Council of State Civil Service, which will give its advisory opinion on July 6, is consistent with the announcements on Wednesday. Its [...]]]></description>
			<content:encoded><![CDATA[<p> Nicolas Sarkozy had given two days after the submission of the pension reform for the amendment and it was ultimately changed nothing. The bill, sent Friday around 22:30 unions serving the High Council of State Civil Service, which will give its advisory opinion on July 6, is consistent with the announcements on Wednesday. Its 19 articles incorporate the measures, with the exception of the 3.7 billion euros of taxes on households and businesses scheduled in 2011. These will be included in state budgets and the &quot;Safely&quot; in accordance with the guidelines of François Fillon consolidate all tax measures in these two texts in order to better manage public finances. </p>
<p> The head of state has asked his Labour Minister, Eric Woerth, think by September of possible changes to be incorporated by amendment to the House.And so on three themes: careers long, arduous, and polypensionnés. Three subjects dear to the CFDT. The latter is not even addressed in the present text. These are provided by several statutes passed during their careers (public, private, independent agricultural system &#8230;). The calculation of pensions is often disadvantageous for them. </p>
<p> Opening the arduous </p>
<p> But it is on the hardship that opening sketched <a href="http://payday-advance-i.com">payday advance</a><!-- . -->. The employees for whom an occupational disease or an accident caused the failure of at least 20% will leave at 60 with full pension, the bill provides. Unpublished, but not enough for the unions.They argue that the mere fact of being exposed to certain factors (heavy lifting, breathing chemicals, environmental noise, night work &#8230;) reduces life expectancy in good health, and so should go on retire earlier. </p>
<p> Fearing an uncontrollable costs, the government said no to this point. Eric Woerth, however, acknowledged Sunday on Europe 1 that certain factors can &quot;trigger almost invariably physical disorders. Article 9 of the text in 2012 require employers to record exposure to these &quot;risks&quot; in a &quot;medical record in occupational health&quot; that will follow the employee from one employer to another. Prerequisite to a device for all these people to stop working before the legal age? The Minister of Labour was careful to say so explicitly. </p>
<p> ALSO READ </p>
<p> &quot;Pensions: the&quot; developments &quot;possible by September </p>
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		<title>The suitors flocked to see Barclays Life</title>
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		<pubDate>Wed, 02 Jun 2010 00:36:35 +0000</pubDate>
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		<description><![CDATA[ After Dexia, which sold its life insurance subsidiary in France at BNP Paribas Assurance in December, it was the turn of Barclays France to seek a buyer for its life insurance subsidiary. According to information published in the daily La Tribune on Tuesday, the British bank is selling half the shares in its life [...]]]></description>
			<content:encoded><![CDATA[<p> After Dexia, which sold its life insurance subsidiary in France at BNP Paribas Assurance in December, it was the turn of Barclays France to seek a buyer for its life insurance subsidiary. According to information published in the daily La Tribune on Tuesday, the British bank is selling half the shares in its life insurance subsidiary. &quot;The first round took place last week during which the takeover candidates have filed an initial non-binding offer,&quot; the newspaper said. </p>
<p> Valued around 130 million euros for 100% of capital, the subsidiary of interest to major European insurers. The Tribune cites the names of CNP Assurances, AXA, Aviva, Allianz, The World, Generali, Covea, Groupama or Swiss Life. </p>
<p> CNP Assurances and AXA favorites </p>
<p> According to La Tribune, Barclays Bank would seek a partner insurer in line with the target affluent customers that the bank prefers.What exlurait Groupama Covea, which would be considered too public. </p>
<p> Citing &quot;several sources familiar with the matter,&quot; the paper argues that CNP Assurances and AXA would therefore Favorites <a href="http://easy-quick-payday-loans.com">payday loans</a><!-- . -->. CNP Assurances was signed in June 2009 a 25 year contract with Barclays to expand its life insurance and retirement in Spain, Portugal and Italy. As for Axa, it is the provider of Barclays Bank two insurance products: Guaranteed life accidents and Master Life. The daily added that the group may also be based on proven experience in the field of bancassurance agreement, notably in Italy with the bank Monte dei Paschi di Siena. </p>
<p> Tough competition </p>
<p> But according to La Tribune, Axa has an advantage over CNP Assurances: the insurer owns a network specializing in life consists of general agents.What the British bank would be significant since it would consider &quot;establishing a partnership Cros distribute its products in the distribution of the insurer,&quot; says The Tribune. But groups like Aviva, Allianz and Swiss Life have not yet said their last word. The competition looks tough. </p>
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		<title>The departments affected by the crisis</title>
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		<pubDate>Fri, 23 Apr 2010 04:04:27 +0000</pubDate>
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		<description><![CDATA[ Yes, some departments are in a precarious financial situation: this is the observation made by Pierre Jamet, Director General Services of the Rhone, in its report submitted Thursday to Prime Minister. But the social and demographic constraints do not explain everything. The report studied eleven departments &#8211; eight rural and three urban &#8211; handicapped [...]]]></description>
			<content:encoded><![CDATA[<p> Yes, some departments are in a precarious financial situation: this is the observation made by Pierre Jamet, Director General Services of the Rhone, in its report submitted Thursday to Prime Minister. But the social and demographic constraints do not explain everything. The report studied eleven departments &#8211; eight rural and three urban &#8211; handicapped by a high proportion of elderly people, high unemployment, household income below average and low density. The Correze and Creuse, both on the left are in this case. But only the first situation is worrying. The difference? The Creuse is little debt, if the Correze. The scenario is repeated between Pas-de-Calais and a virtuous Val-d&#39;Oise debt.Moral: the policy choices have weighed heavy. </p>
<p> As for the Seine-Saint-Denis, &quot;for four months, it has a 32% increase in revenue from estate duty, with a recovery of real estate,&quot; says Pierre Jamet. Understood, this department alone has passed a 2010 budget in balance &#8211; an act widely publicized by the President PS council, Claude Bartolone &#8211; is no longer in danger. In contrast, a dozen others may fail to maintain their balanced budget during the year, due to slippage in social spending. &quot;We must therefore establish a monitoring committee at the government level. And the State will assist in June or July to emergency departments, by advances of funds by contributions, or even &quot;recommends Pierre Jamet. Estimated boost: maximum 100 million euros.</p>
<p> Cost Standards </p>
<p> Nothing says that the government will retain this recommendation. For now, Francois Fillon has agreed only to launch in May a consultation with the Assembly of the departments of France. Matignon prefer to retain other recommendations: curbing the proliferation of standards and highlight good practices, including the cost of administering benefits. Pierre Jamet also insists on including the need for effective monitoring computer: &quot;A software company has crossed the files of the RSA family benefit fund with those of a department. In 67 000 110 000 records, differences have emerged &quot;in the name, address or income &#8230; In the longer term, the report recommends improving the redistribution of wealth between departments.The latest proposal is not as uncontroversial: that the career firefighters is managed by the local government service, rather than headquarters. </p>
<p> ALSO READ </p>
<p> &quot;Departments: consultation in May </p>
<p> &quot;Bartolone proud of its&quot; budget revolt </p>
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		<title>Sharp launches a small screen 3D without glasses</title>
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		<pubDate>Sat, 03 Apr 2010 01:01:09 +0000</pubDate>
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		<description><![CDATA[ The story accelerates. This Friday, the Japanese group Sharp has introduced a tiny touch screen, color, reproducing 3D videos. The big innovation is that this screen does not require glasses. A step that should be taken seriously. Unfashionable as it may eventually large screen televisions in 3D now being launched in the U.S. by [...]]]></description>
			<content:encoded><![CDATA[<p> The story accelerates. This Friday, the Japanese group Sharp has introduced a tiny touch screen, color, reproducing 3D videos. The big innovation is that this screen does not require glasses. A step that should be taken seriously. Unfashionable as it may eventually large screen televisions in 3D now being launched in the U.S. by Samsung and Panasonic but need to don special glasses. </p>
<p> However, to see the effect in relief, it is necessary to be right in front of the small screen, 30 cm apart. &quot;We can only produce small screen in this technology. In addition, 12.7 cm diagonal. It must be well in front, otherwise the perception of 3D fade, &quot;says Patrick Chardin, director at Sharp France. To develop its new technology, the Japanese group has improved its previous innovations.Three years ago, in Tokyo, Sharp has introduced an innovative technology which allowed three people to watch at the same time, a different program broadcast by the same TV, depending on the position of each face on the screen. Each point on the screen was broadcasting a different image depending on the viewing angle of the viewer. </p>
<p> According to this principle, with an image emitted for each eye, the semiconductor division of Sharp has designed its new 3D display device called an &quot;interlaced effect. The additional cost compared to a conventional screen is not excessive.For the screen in landscape consists of a conventional LCD panel on which is placed a filter. </p>
<p> Nintendo </p>
<p> But because of its limited size for the 3D effect, &quot;we focus on three markets: portable gaming devices, smartphones (note: mobile phones for surfing) and embedded screens, such as GPS in cars&quot; said Patrick Chardin <a href="http://payday-advance-i.com">best payday advance</a><!-- . -->. </p>
<p> Production should begin in September. One of the first objects that can use this technology should be the next portable game console, Nintendo 3DS, announced last week and promised for 2011. For its previous screens of the DS, sold 125 million units, Nintendo had already appealed to Sharp as a supplier. </p>
<p> Nintendo&#39;s next console will be presented in June in Los Angeles at E3.The Japanese group said the old games the DS can be reused on its future console. With 3DS, the group led by Satoru Iwata will take another step ahead of the Sony PSP (67 million), which was sold two times less than the DS. In addition, the CEO of Nintendo will reduce competition from the iPhone and iPod Touch which guests are on the market for portable game consoles. </p>
<p> Moreover, it could sell 78 million smartphones equipped with 3D screens by 2018, says DisplaySearch.For now, only one mobile is sold only in Japan by Hitachi, with a 3D effect without glasses. </p>
<p> ALSO READ: </p>
<p> &quot;Notice of gridlock on the 3D screens </p>
<p> &quot;SELECT CASE 3D, the new challenge of the cinema </p>
<p> &quot;Acer and Asus launch PC relief </p>
<p> &quot;VIDEO &#8211; The 3D TV is&quot; the next revolution &quot; </p>
<p> &quot;High definition in 2009, the third dimension in 2010 </p>
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		<title>Minutes Zacharias: pugnacious defense of the former CEO of Vinci</title>
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		<pubDate>Fri, 26 Mar 2010 18:33:43 +0000</pubDate>
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		<description><![CDATA[ Three-piece suit, white shirt and dark tie, the former CEO of Vinci, Antoine Zacharias, has always understated elegance of a great boss. Yet this 70-year-old retiree, who wears a hearing aid, had presided at Thursday yet another board. He appeared for abuse of company property before the fifteenth penal court of Nanterre. Specifically, he [...]]]></description>
			<content:encoded><![CDATA[<p> Three-piece suit, white shirt and dark tie, the former CEO of Vinci, Antoine Zacharias, has always understated elegance of a great boss. Yet this 70-year-old retiree, who wears a hearing aid, had presided at Thursday yet another board. He appeared for abuse of company property before the fifteenth penal court of Nanterre. Specifically, he complains of having put his own men in the compensation committee of the group to inflate his fees have skyrocketed: a severance bonus of 12.5 million euros, an annual retreat of 2 1 million, gains on stock-option 124 million &#8230; </p>
<p> Faced with such accusations, it was expected that Antoine Zacharias lose its superb. After all, it is the first French skipper prosecuted for excessive pay, while his business was booming.In fact, he kept his legendary pugnacity and always distills his little quips. When the President, Isabelle Prevost-Desprez, asks him to track his career, thanked the engineer by Vinci in June 2006 took the opportunity to give a few scratches. Guy Dejouany, his former boss at the General Society of waters in the 1990s? &quot;The man was a tyrant. Perhaps the most difficult period of my life. &quot;Alain Minc who sat on the board of Vinci? &quot;He has a big ego.&quot; </p>
<p> And as Isabelle Prevost-Desprez do not let them count, this gives rise to a few passages of arms tasty <a href="http://paydayloans-on.com">payday loan</a> <!-- . -->. Especially when it comes to whether Antoine Zacharias has ensured that the remuneration committee Vinci is completely renewed.&quot;Mr Faure, who was sitting there says you have transferred to establish a committee more complacent. So, did you collect? &quot;Asks the president. &quot;No,&quot; replied tit for tat the former CEO of the CAC 40. They lie. &quot; </p>
</p>
<p> A retreat &quot;exceptional&quot;
</p>
<p> Gradually, Isabelle Prevost-Desprez is accumulating evidence that endanger Antoine Zacharias. Thus, it is disturbing that this new committee has ignored the advice of Towers Perrin warned against &quot;inflation risks&quot; associated with a change in the calculation of salary Zacharias.Also troubling that the point of view of the firm Cardif estimating the amount of the pension provided for ex-boss &quot;exceptional&quot; has been ignored. </p>
<p> In response, Antoine Zacharias has a clear line of defense that summarizes in one sentence: &quot;One thing that is ignored by any board, and they do not know an ounce is the pay of the boss. &quot;He received the unexpected support of Vinci, yet civil party in the record. &quot;When they vote earnings for 2004 by Zacharias, administrators know that all this makes up 14%,&quot; said Georges Jourde, counsel for the construction group. This morning, it was the turn of the attorney to his indictment. It is surprising that it shares the same view. </p>
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		<title>MEDEF: Metallurgy sets its requirements</title>
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		<pubDate>Sat, 20 Mar 2010 05:45:57 +0000</pubDate>
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		<description><![CDATA[ A matter of survival! Frederic Saint-Geours does not mince his words on Thursday night calling for a profound &#34;recasting employers, on pain of extinction. &#34;In an era of increased competition, where companies seek to reduce overhead and streamline their organization, employers can continue to live on and operate under a structure inherited from the [...]]]></description>
			<content:encoded><![CDATA[<p> A matter of survival! Frederic Saint-Geours does not mince his words on Thursday night calling for a profound &quot;recasting employers, on pain of extinction. &quot;In an era of increased competition, where companies seek to reduce overhead and streamline their organization, employers can continue to live on and operate under a structure inherited from the postwar period, has hammered the President the UIMM, in closing the third annual convention of the federation. The employers&#39; organization must meet the expectations of businesses by simplifying its structure (&#8230;).Remaining fragmented, we are threatened with extinction in the debate and public action. &quot; </p>
<p> Less than three months to designate the future boss of bosses, the first president of the federation MEDEF has actually set a roadmap can not be clearer for any candidate who would boast the support of the UIMM. </p>
<p> More collegiality </p>
<p> For him, this overhaul is necessary for a &quot;governance reform of MEDEF&quot; he deems perfect. &quot;To better represent the enormous diversity of landscape entrepreneurial French, Medef needs a mode more college (&#8230; ), which requires an exemplary collaboration with all components and inter-professional &quot;, justified Frederic Saint-Geours, as the text of his speech &#8211; the meeting took place behind closed doors.</p>
<p> The roles must be &quot;clearly established&quot; between a president &quot;in entrepreneurial function, a general manager&quot; responsible for services and the thriving community &quot;and a college of elected officials&quot; fully involved in the preparation position papers and public negotiations with the unions. &quot; A thinly veiled criticism of Laurence Parisot, president of MEDEF, full time since 2005, who spent three CEOs in less than two years and who is accused of taking unilateral decisions. </p>
<p> However, no question of leaving the MEDEF, ensure UIMM &#8211; which is one of the most important components. Instead, a call was launched &quot;to restore unity around the MEDEF employers&#39;. Not without asking the end of &quot;fratricidal quarrels&quot; with CGPME &#8211; which is also UIMM stick &#8211; and the architects of the UPA.The &quot;fierce competition&quot; which engage the employers &#39;confederations&#39; and display their differences &quot;prove&quot; suicidal for the employers and weaken its position vis-?-vis the government and unions. &quot; </p>
<p> The president of the UIMM also wants to end &quot;the milfoil employer&quot; to approximate the structures (territorial chambers, trade associations, chambers of commerce &#8230;). Metallurgy promises to lead by example. </p>
<p> Becoming &quot;the spokesman of the unanimous opinion&quot; of the industrial enterprises that were surveyed in preparation for this convention, Frederic Saint-Geours has finally stated intention to develop cooperation with the federations of industry (chemical, textile &#8230; ) &quot;on three common issues, including the promotion of an enabling environment for economic and social competitiveness of industrial enterprises and enhancing their businesses.In short, strengthening the &quot;inter-industry level. Quit walking on beds of MEDEF. Again, Laurence Parisot appreciate &#8230; </p>
<p> ALSO READ </p>
<p> &quot;President of the MEDEF: the secret plan of the UIMM </p>
<p> &quot;Interview of Fr?d?ric Saint-Geours:&quot; The UIMM is not a threat &quot; </p>
<p> &quot;The UIMM retrieves social issues Medef </p>
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		<title>BHP agrees on a price with steelmakers</title>
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		<pubDate>Mon, 08 Mar 2010 20:06:42 +0000</pubDate>
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		<description><![CDATA[ Mining giant BHP Billiton ADR agreed with its main customers in Europe, China, India and Japan on short-term sales of coking coal. This agreement puts an end to traditional trading system prices this year among major mining companies and steelmakers. 
 BHP proposes three options to its customers for contracts on coking coal: an [...]]]></description>
			<content:encoded><![CDATA[<p> Mining giant BHP Billiton ADR agreed with its main customers in Europe, China, India and Japan on short-term sales of coking coal. This agreement puts an end to traditional trading system prices this year among major mining companies and steelmakers. </p>
<p> BHP proposes three options to its customers for contracts on coking coal: an annual listing and every two months for half of the offers, the possibility of reducing tender contracts between quarterly and half, and finally, publication of prices every three months. </p>
<p> According to Macquarie Group, is the first time an agreement on a three-month contract is signed in the steel sector. </p>
<p> Without any contact number, the group said it sold a &quot;significant portion of its volume of coking coal for 2010.JFE Holdings, the second largest Japanese steelmaker, had said last Friday it had agreed to pay $ 200 per tonne over three months. For Jim Lennon, analyst at Macquarie, specialist materials, &quot;the Japanese will prove more flexible on prices.&quot; Flexibility which could benefit BHP, Teck Resources, Xstrata, Mechel OAO, Rio Tinto Group, Alpha Natural Resources and Massey Energy. </p>
<p> The new contract for three months, for which Morgan Stanley anticipates a course at $ 222 per ton, beginning 1 April next year, according JFE. One that expires next March 31, is listed at $ 129 per tonne. </p>
<p> On February 26, Energy Publishing, which reports the data supply and demand in the major coal producing countries, has published three price indexes for coking coal.&quot;The pricing in the short term will be difficult to manage without a reliable index of the prices of coking coal, which is why the publication of these indexes comes at the right time for the coal markets,&quot; said Forrest Hill, President Energy Publishing. </p>
<p> ALSO READ: </p>
<p> &quot;The steel prices could increase by 40% </p>
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		<title>Hartz IV: &quot;Germany must reduce its spending&quot;</title>
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		<pubDate>Tue, 09 Feb 2010 22:52:23 +0000</pubDate>
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		<description><![CDATA[ LE FIGARO. &#8211; Ruling of the Court puts it into question the whole system &#34;Hartz IV&#34;? 
 Niels Diederich. &#8211; No. The decision of the Court concerns only the welfare of minors. In the system of &#34;Hartz IV&#34;, children whose parents are unemployed or who are raised in single-parent families, indirectly affect the state [...]]]></description>
			<content:encoded><![CDATA[<p> LE FIGARO. &#8211; Ruling of the Court puts it into question the whole system &quot;Hartz IV&quot;? </p>
<p> Niels Diederich. &#8211; No. The decision of the Court concerns only the welfare of minors. In the system of &quot;Hartz IV&quot;, children whose parents are unemployed or who are raised in single-parent families, indirectly affect the state aid. However, they receive only 70 to 80% of the amount awarded to an adult. In 2005, the legislature had found that children have lower needs than adults and had applied a standard reduction. The judges felt that we can not calculate the social benefits attributed to children on the same basis as for adults. They require the development of a new scale of separate calculation, so that their needs are taken into account.The government will soon review the text to make its corrections. </p>
<p> The competitiveness of German companies is in danger? </p>
<p> Not because this decision they will not carry more loads, it does not hurt German exports. The companies co-finance the system of unemployment insurance by 50%. But it is a separate mechanism. The system &quot;Hartz IV&quot; is funded through taxes. But the state has pledged not to raise taxes. It will therefore reduce expenditure to finance the surco?t.La Court is often accused of conservatism. </p>
<p> That shutdown threat does not modernization of Germany? </p>
<p> Politicians always moan against the Constitutional Court. Created after the Nazi era to serve as a safeguard against the state, it has, indeed, enormous powers. But judges do not prevent the country&#39;s modernization.On the contrary. In 1949, when the conservative party (CDU) had held that in cases of dispute over the education of children, the man still had the last word on the woman, the Court ruled that the law contradicted the principle of equality between citizens. Since the 1950s, it required that disputes be settled by a judge, thus laying the foundations of the principle of equality between men and women in the country. </p>
<p> ALSO READ </p>
<p> &quot;Berlin will have to increase its aid to the poorest </p>
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