Oct 29 2011

Tag: economic, finance, international, opinions, top newsadmin @ 8:40 am

New commercial breakthrough for the Airbus A380. This time in Russia. Transaero Airlines, the second Russian company after Aeroflot, has signed with the European aircraft manufacturer a Memorandum of Understanding for the acquisition of four super-jumbos for $ 1.2 billion (at list prices).

Transaero is the company to launch the A380 in Russia, CIS and Eastern Europe. "I am sure that the launch of this device very high capacity will stimulate the development of aviation in Russia, particularly in terms of airport infrastructure (…)», said Olga Pleshakov, CEO of Transaero Airlines. It opted for a passenger can carry 700 passengers, which will be converted into three classes.

For John Leahy, the Airbus super-salesman, "the A380 has a high potential in the Russian market.""We believe that passenger traffic in the region will grow 5.6% annually over the next twenty years." In its latest study of twenty years, Boeing estimates in turn that the needs of Russian companies will revolve around 1000 units including 700 medium-haul aircraft like A 320 and B 737, worth $ 110 billion by 2030.

16 million passengers and 400,000 flight hours

With the command Russian Airbus reached a new milestone payday loans. He recorded 28 orders and purchase intentions this year, marked by the signing of a first contract in Japan with Skymark A380. Overall, the A380 has been ordered to 236 copies per 18 airlines. 59 aircraft have been delivered since October 2007 with the first delivery to Singapore Airlines."That leaves 177 to be delivered which represents four years of work," says a spokesman for Airbus.

From the production side, Airbus is on track to reach its cruising speed is 3 units per month in the second half of 2012. Since late September, the industrial rate is 2.3 per month super-jumbos. This year, Airbus has already delivered 18 aircraft, has set a target of 25 A380s by the end of December.

The manufacturer estimated that the pace in the coming years is to sign at least 25 new orders a year, a level equivalent to its annual production. Airbus will celebrate the end of November the arrival of the 100th convoy giant Lagardère assembly hall. The kit aircraft (six pieces) is sent by road from the port of Bordeaux to Toulouse.

In service for four years, the A380 continues to conquer the global skies. He joins 26 cities in the world.


Oct 06 2011

Brazil wants an accurate map of its territory

Tag: economic, finance, life, money, opinionsadmin @ 5:28 pm

Astrium Geo-Information Services, a subsidiary of Astrium and ex-Spot Image, aims to be selected as the supplier of the Brazilian military and federal government satellite imagery. Maps urban civil and military ones. Brasilia wants to update. The task, gigantic, is the extent of this vast country which ranks Brazil fifth in the world by land area with 8.5 million km of which 62% of forest and 16,000 km of borders.

Faced with the challenge, Astrium-Geo Information Services in 2009 created a subsidiary 100% owned and based in São Paulo. "We presented our offer to the Department of Defense," said Pierre Duquesne, Executive Director of the subsidiary, the latest implementations of EADS in Brazil.The company presented the armed capabilities of a new satellite earth observation Spot Image of the constellation Pleiades to be launched by the Russian Soyuz rocket by the end of the year from the spaceport of Kourou. The satellite will collect images that, once retired, will offer a very high resolution of 50 cm. The Ministry of Defence who wanted to start the process of buying the pictures this year shifted a few months, normally 2012.

On the front of civil contracts, Astrium Geo-Information Services Brazil relies on feedback from pioneering three states with which it has contracts. "State of Mato Grosso, Para and Rondonia have established a precise mapping of their territory by purchasing our images with a resolution of 2.5 meters.Their experience serves as a benchmark for the federal government has decided to extend the operation to the whole country, "says the CEO of the subsidiary that conducted in 2010 4 million in revenue against 2.5 million in 2009.Ces states are particularly affected by the operations of deforestation by wild cattle and rape creditreport.

The deforestation in the Amazon increased by 15%

Time is running out. As part of the Copenhagen summit on climate in 2009, Brazil agreed to reduce from 36.1 to 39.8% its emissions of greenhouse gas emissions and 80% deforestation of the Amazon rainforest that is home 30,000 different species and contains 12% of freshwater on the planet. The Brazilians must take stock of their efforts at the summit in June 2012 "Rio +20" which marks the anniversary of the first Earth Summit, held in Rio in 1992.However, 80% of these emissions are the direct result of deforestation. Add to this the effect of climate change. To act, replanting trees, protecting certain areas … Brasilia needs to observe its territory to establish an environmental and rural cadastre. The idea is to look closer to the evolution of the Amazon forest which still covers 62% of the country but also to see if farmers comply with the legislation in terms of width of the forest along the rivers in their areas crops and forests etc. and identify the illegal loggers.

A study by the Brazilian Institute for Space Research (INPE), the deforestation in the Amazon increased 15% between July 2010 and July 2011.Clearly, 2654 km2 of vegetation have disappeared, especially in the states of Mato Grosso and Para.

In the short term, the government purchased for several tens of millions of reals (1 euro = 2.5 reais) at Astrium-Geo images collected by the SPOT satellites or belong to space agencies such as ESA. "Secondly, Brasilia could decide to buy satellites to Earth observation," said Pierre Duquesne.


Oct 01 2011

Sarkozy does not want to abandon Greece

Tag: business, economic, international, money, onlineadmin @ 2:00 pm

Despite the overwhelming vote of the German Bundestag for the second aid package to Greece on Thursday, the race against the clock continues to George Papandreou. She took the look of a marathon: the Greek Prime Minister first met on Friday morning in Warsaw, the European president Hermann Van Rompuy to prepare the summit on 18 October ahead crucial, three months after the July 21, who had devoted a strengthening of the European Financial Stability Fund (EFSF) without convincing the markets.

George Papandreou then went to the Elysee, in the late afternoon for a meeting with Nicolas Sarkozy. He assured the French president that his country was "determined to make every effort" to prevent the collapse of his country and invited experts from the area to go to Athens to see the extent of reforms course.This is one of the main achievements of the meeting on Friday in Paris: "The president urged the Greek prime minister to make it completely transparent with respect to creditor countries," it says in the entourage of Nicolas Sarkozy. In other words, European citizens to prove that Greece was best to keep its objectives. The stakes are high, as evidenced by the reception received by virulent responsible for the Troika (EU, IMF and ECB) income in Athens Friday to assess the process of fiscal consolidation implemented by the government.The officers demonstrated outside the government blocked their access to multiple departments, so that the meeting with the ministers of finance and administration reform took place in anonymous offices in Athens to avoid the challenge.

A moral obligation

These social tensions have led the president to praise the efforts of Greece, in a solemn declaration from the steps of the Elysee low interest personal loan. "The Greek people suffered a lot (…) but he must understand that in recent years too many reforms have been delayed." France will be at his side, he said. "We have a moral obligation to place the member countries of the eurozone and the European Union, said Nicolas Sarkozy.Europe is a civilization, a family and solidarity: when a family, one member is in trouble, all others must help him. "For the president, so" it is no question of dropping the Greek ", because" the failure of Greece would be the failure of the whole of Europe. "

In Paris, we keep tooth and nail to the strict application of the plan voted on July 21. After Germany, Thursday, Austria approved the turn Friday, becoming the twelfth state to say yes to seventeen. European leaders want the agreement to be first adopted by all members – by mid-October – before discussing any possible enhancement of the plan."The question of political credibility," insists there be at the Elysee, where you bet on the fact that financial markets will eventually be convinced that beyond the inevitable slowness of the political process in Europe takes measures appropriate to address the debt crisis.

But this second step could engage quickly Nicolas Sarkozy said he would travel to Berlin in the coming days to meet with German Chancellor in order to "accelerate economic integration in the euro area and put in place as soon as possible "the bailout of the single currency and Greece decided on July 21. This meeting could take place the next weekend.


Sep 27 2011

"Against the maintenance hood"

Tag: economic, events, life, news, technologyadmin @ 3:44 pm

"Against the interview hooded" by Cadremploi

What remains of it bias? It was a theme of Jean-Marie Le Pen there twenty years. It was the time when the country was not hit by the consequences of globalization. The stranger was a threat, he had just "eat the bread of the French."

Years later, Marine Le Pen took over the torch gently but one senses that the heart is gone. Difficult to show the French that limiting immigration would be freed up more spaces for "national". If immigration remains a favorite theme of the National Front, it seems that even the Navy Pen no longer believes in national preference in the fight against unemployment.Admittedly, equivalent jurisdiction, it says it will recruit French, but it does not tell a foreign jurisdiction, provided, of course, it is in good standing.

The way forward in the field of employment shows that some backward-looking arguments are less popular in the far-right party no faxing payday loan. It is the same for the wage-feeding. If her father was attached, it was clearly because a society where women care for children was more consistent with his vision of the family. Her daughter from this point of view is more modern. For her the work done by women at home must be paid but they willingly leave the choice to work.

In this regard, Marine Le Pen is a woman of her generation.Remains the personality that emerges from the maintenance and which is finally consistent with the public image of the candidate: she does not like bent (those "curves"), requires that he realizes (management of the head ) and admits that it would be difficult to work with a personality as strong as hers and complainer. In the end, the heiress gives the impression she is quite capable of leading the small family business, which does not mean that it is able to run a government. That's another job, and it does not only depend on her.


Sep 24 2011

U.S. funds flee European banks

Tag: economic, economy, features, international, moneyadmin @ 11:00 pm

The crisis of confidence in the European banking sector will not work out. While Europe is trying to convince the world of the soundness of its banks in the current crisis, the major U.S. money market funds prefer to leave the ship. A study published Friday by the rating agency Fitch Ratings, the top ten overseas funds have massively reduced their exposure to European banks. They thus cut their dollar investments in European banking shares by 8% in August, after a fall of 9% in July. Since late May, their exhibit was planed by 27% guaranteed high risk personal loans.

Today, European banking shares held by ten U.S. funds represent 676 billion dollars, or 42.1% of their overall portfolio. These investments still weighed 47.2% in late July."Reducing exposure to leading European banks is largely offset by increased investment in financial institutions in Australia, Canada, Japan and Scandinavia," said Robert Grossman, an official of Fitch Ratings.

Some European countries are more affected than others by the flight of U.S. investment.


Sep 21 2011

Monaco: successful challenge to the marriage

Tag: economic, online, people, publications, traveladmin @ 1:20 am

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).

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, "76% benefited local economic entities", ie the sectors of hotels, restaurants, service providers and equipment supply.

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.

"Capitalize" on these benefits

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: "The Principality has 75,000 monthly overnights. In July, 80% of them were occupied, "said a statement citing" great numbers that exceed the reference years were 2007 or 2008. "The Oceanographic Museum and its exhibition "Story of the Royal Wedding" shows the tourist craze sparked by the marriage of July as recorded 100,000 visitors in less than a month.

To maximize the benefits for the long term, officials are working on Monegasque a special program named "Monaco, the world capital of romance" with the goal of "capitalizing on the benefits of international royal wedding and set up a course marriage," said Bouquier Michel, the Commissioner General of Tourism.

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Sep 13 2011

Sarkozy is expected to speak on the euro this afternoon

Tag: Uncategorized, economic, events, features, publicationsadmin @ 7:32 pm

Nicolas Sarkozy could be expressed in the late afternoon, after his meeting with Herman Von Rompuy, confirmed Tuesday morning in his entourage Figaro. It would only be a few minutes of intervention, on the steps of the Elysée with President of the European Council. "Nothing is confirmed yet," says one, however. "It will also depend on market developments in the day," says an adviser.

While a government source announced the "initiatives" to support Franco-German Greece to face serious funding problems of its debt, the Elysee Palace denied."There will be no Franco-German initiative today," said the president requested by the AFP, saying also that no decision had been made about a possible speaking of Nicolas Sarkozy to Following his meeting scheduled at 17 am (Paris time) with the President of the European Union Herman Van Rompuy.

The Elysee was also opposed to a very firm denied rumors that a scenario out of Greece to the euro would be discussed at the Elysee. We emphasized above all the character "drama" of this to the Greeks themselves, but also for the euro area.

"To ensure compliance with the commitments of the July 21"

"This is not a desirable solution, we do nothing to make it desirable," confided a senior official Monday night Elysian following folder every minute."We try to be consistent: we are about to present to Parliament the rescue plan that was decided on 21 July in Brussels. We do not prepare in the wings is another scenario that would offer the exact opposite, "he continues.

The state still remains fragile in which finances are Greek, "We try to convince them to do everything to achieve compliance with the commitments of July 21," says this source. Tuesday evening, the Head of State may wish to print this message in a clear and solemn.


Sep 07 2011

Further decline in the CAC 40, the lowest

Tag: economic, finance, international, money, opinionsadmin @ 12:12 am

The CAC 40 continues its slow descent into hell. The stock market, which recorded a third consecutive session ended with a downward decrease of 1.13% to 2965.64 points, its lowest close of the year. It should even go back in spring 2009 to find such levels.

Moreover, stock markets are all in red with the exception of London (1.06%) and Zurich (4.02%). But the DAX in Frankfurt still loose 1.04% and 2.06% Milan.

Greece again centralizes all fears since the country's authorities and inspectors of the European Union, the International Monetary Fund and the European Central Bank, have suspended talks to ten days. The two parties disagree on the reasons and extent of delays by Athens in reducing its budget deficit. This situation endangers the second rescue plan concocted by the European Union.Some analysts believe even now that the plan was stillborn. "Greece has already slipped over new deficit targets," said Bruno Cavalier, as well, an economist at Oddo Securities.

Nervousness is also high, whereas the German Constitutional Court will make its decision Wednesday on the highly anticipated aid granted by Greece to Berlin and the establishment of a European emergency fund. Germany is the main creditor of Greece in the eurozone.

"It's a stampede"

Also in the issue of debt in the euro zone, Italy is suffering from a new crisis of confidence while accumulating doubts on its ability to curb its deficit despite the adoption of an austerity plan this summer.Finally, union sources said yesterday that the Spanish Prime Minister Jose Luis Rodriguez Zapatero had recognized mid-August, the markets in crisis, that Spain was close to a "rescue" needed.

"It's the stampede, the free fall. Trust is the innermost and nobody does anything to reassure, "commented Xavier Villepion, sales of shares in Global Equities. "Investors have no reason now to invest in the equity markets," he says. "We are in a dynamic market similar to that of the fall of 2008, when prevailing psychosis triggered by the subprime crisis," said Patrick Jacq, bond strategist at BNP Paribas."Everybody goes in the same direction and fled to the German long-term bonds," he said.

"No recession in the U.S."

These problems of sovereign debt in addition to fears of a global recession while the health of U.S. economic worries. In this regard, World Bank President Robert Zoellick said on Tuesday that the United States was not threatened by a return to recession. "I do not think the United States and the world will fall into recession," he said direct payday lenders.

Societe Generale and Credit Agricole to the lowest since 2009

Bank stocks were again the most attacked: BNP Paribas lost 5.24% to 29.66 euros, Crédit Agricole, 4.72% to 5.56 euros and Societe Generale, 6.54% to 18.92 euros.

Audika: + 1.56% to 16.30 euros

The group released a net profit up 17.2% to 4.8 million in the first half, Audika has benefited from financial instruments, whose contribution represents about 400,000 euros.

Medica: 2.54% to 12.50 euros

Medica said it had seven times its first-half profits to 20.7 million euros and raised its annual growth target of the activity of 15% to 17%.

NYSE Euronext: -1.68% to 17.80 euros

The group announced a return to continuous trading, as of Thursday, September 8, a series of indicators of the Paris Bourse, the SBF 120, which was suspended on August 8 for technical reasons.

Casino: -1.66% to 54.36 euros

The retailer Almacenes Exito Colombia, 54.8% owned by the French group, has launched a capital increase of $ 1.4 billion (one billion) unveiled in late June.

Paris airport: -0.38% to 55.29 euros

A consortium that includes ADP is one of the groups pre-qualified to take over the airports of Madrid and Barcelona, ​​said Monday the Spanish airport authority AENA.

Lagardère: 0.03% to 19.30 euros

Arnaud Lagardere said the media group is considering a share buyback or payment of a dividend with the proceeds of the sale of the international magazine division.In an interview published Tuesday by the newspaper Les Echos, he also said that the withdrawal of the group of EADS will not happen until the release of the Airbus A350, the future long-haul European aircraft manufacturers.

Air France-KLM: + 0.79% to 6.14 euros

The group wants to save 700 to 800 million euros in additional savings and will also scale back its flight schedule.

GDF Suez: -2.07% to 19.63 euros

The newspaper Les Echos, there will be no increase in gas rates for individuals on 1 October, the Regulatory Commission (CRE) does not provide a complete analysis of the tariff before the end of September.

Séché: -9.65% to 42.45 euros

The company said it was reviewing its goal of decreasing operating income (ROC) for 2011, it now expected around the level reached in 2010 after falling 2.7% in the first half.

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Aug 21 2011

Wall Street ends week in the red

Tag: economic, events, international, money, technologyadmin @ 5:04 am

After a rebound during the session, Wall Street has finally caught up by letting the gloom hanging over global stock markets for two weeks at the close on Friday, the Dow Jones gives 1.57% to 10,818.48 points and the Nasdaq, dominated by technology loses 1.32 points 2341.86.

After opening in the red, the indices of New York had yet managed to climb briefly into the green. Before ending again in the red. Of all black this week, the Dow Jones lost 3.71% and the Nasdaq fell 6.53%.

This Friday, the NYSE has not been spared by the new storm that struck the European stock exchanges and which had already shaken the stock markets in Asia. Yesterday, as elsewhere, the New York Stock Exchange closed down a massive, affected by disappointing indicators released during the meeting confirming the poor performance of the U.S. economy.Moreover, operators, already worried by the economy of the euro area, were cooled by the large loan dollars awarded by the European Central Bank (ECB) to a bank in Europe, whose identity has not been revealed. This action has reinforced doubts about the ability of banks to refinance the region. The euro also declined against the dollar and is trading around 1.4290 dollars against 1.4319 on Thursday.

Finally, Morgan Stanley confirmed the fears of a global economic slowdown by scaling back its growth forecasts for 2011 and 2012. The bank also said the United States and Europe were "dangerously close to recession."

Evidence that the operators' confidence is at its lowest, gold, a safe haven par excellence, is powered from yesterday to new heights.On Friday, an ounce reached a new record in 1864 dollars after jumping up to 1867 payday advance.30 dollars in the morning. For its part, a barrel of U.S. light crude oil, which fell 6% yesterday, still lost 12 cents Friday to 82.26 dollars a barrel. Over the whole week, he lost 3.12 dollars, or 3.65%, registering a fourth weekly loss in a row. Contracts on October Brent have lost them for their $ 1.63 to 108.62 dollars a barrel.

Values ​​of the day

On the corporate side, this session will be marked by a slump in Hewlett-Packard, which lost just over 20% to 23.60 dollars. The group published its results on Thursday lowered its annual forecast for the third consecutive time. It now expects an annual turnover of between 127.2 and 127.6 billion dollars, against a previous estimate of between 129 and 130 billion.The group, which has made a takeover offer for the British publisher of software Autonomy, has also announced plans to dispose of its business in personal computers. Another major surprise: HP goes out of business in the mobile, arresting the development of tablets and smartphones.

Bank of America (-1.14% to 6.93 dollars) will remove 3500 positions during the quarter, according to an internal document cited by Reuters.

Autodesk (-11.69% to 23.41 dollars) has reported a 6% increase in revenues in the second quarter and a net profit better than expected at 71.2 million euros, or 30 cents per share.

Gap (-8.61% to 10.67 dollars) on Thursday posted a quarterly profit above analysts' expectations despite lower sales to a number of store.Net income for the group totaled $ 189 million (131.8 million), or 35 cents a share, against $ 234 million, or 36 cents per share a year earlier.

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Aug 12 2011

The Paris Bourse is looking for a trend

Tag: economic, online, opinions, resources, top newsadmin @ 7:00 pm

European stock exchanges succeed they continue their rebound started the day before? Nothing is less certain on Friday morning, when the index in Paris fell into the red immediately after opening up 0.17%. Ten minutes after the opening, the Paris index yields 1.59% to 3040.59 points. Frankfurt and London have opened in the red: the Dax yield 0.64% to 5760.41 points and the FTSE-100 lost 0.70% to 5126.81 points.

Thursday, ACC closed up 2.59% to 3089.66 points, after falling in mid-session. The day before, he had plunged more than 5%.The same volatility dominates in Frankfurt the Dax closed Thursday up 3.28% and in London where the FTSE-100 index gained 3.11%.

Investors should prove once again nervous at the end of a week marked by extreme market volatility, which saw the CAC 40 push the psychological threshold of 3000 points during trading Thursday before returning to the colors. Investors were reassured by the announcement of a meeting between Nicolas Sarkozy and German Chancellor Angela Merkel on August 16 to issue joint proposals on the governance of the euro area. In addition, U.S. markets were supported by two good indicators of the jobless and real estate. Wall Street has ended sharply higher: the Dow Jones has gained 4% and the Nasdaq 4.69%.

Despite the ban on short selling in the securities of eleven banks and insurance companies to counter the extreme volatility of the stock market values. Still, banking stocks are still abused in the image of BNP Paribas, which issued a statement Thursday night to reaffirm the strength of its capital, Societe Generale and Credit Agricole.

No growth in the second quarter

On the macroeconomic front, INSEE reported this morning from zero growth in the second quarter in France (0 saving account payday loan.0%), against an increase of 0.9% in the first quarter. Inflation also slowed: the consumer prices fell by 0.4% in July, resulting in an increase of 1.9% over the year (against 2.1% from June 2010 to June 2011 ).

Oil is, meanwhile, resumed its decline in trade in Asia, having recovered Thursday in the United States.In morning trading, a barrel of "light sweet crude" lost 47 cents to 85.25 dollars and that of Brent North Sea fell by 57 cents to 107.45 dollars.

Other values ​​to follow, Carrefour pulls out of the game: the title ahead of 3.32% to 18.53 euros. U.S. giant Wal-Mart have mandated UBS to investigate the acquisition of the Brazilian subsidiary of French retailer, according to Reuters, citing a source familiar with the matter.

Goldman Sachs lowered its recommendation on Lafarge (-0.62% to 28,835 euros) and withdrew the title from its list of recommended values ​​in priority to the purchase.The intermediary has instead built his list to Saint-Gobain (0.55% to 32.975 euros) and Vinci (-0.30% to 34.36 euros).

Europacorp (0.63% to 3.22 euros), the production company of Luc Besson, Thursday reaffirmed its goal of a return to balance for the current year, despite a sharp decline its turnover in the first quarter.

Derichebourg (-1.05% to 3.489 euros) Thursday confirmed its target of improving its annual net income, after recording a sharp increase in sales over the first nine months of the year.

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