Nov 24 2011

Tag: economy, finance, international, publications, worldadmin @ 11:04 pm

After three months of decline (-4.1% from July to September) the property prices have started to increase again in Paris in October, according to the barometer MeilleursAgents.com. A start of surprise that Sébastien Lafond, president and founder of MeilleursAgents.com, analysis as an unexpected new tax measures, notammentla taxation of capital gains, announced by the government. "Under pressure to sell before the deadline of 1 February 2012, and therefore to sign a pledge before the end of October, many owners have decided to put their two room flats on the market," said he. This influx of goods would normally increase the downward trend. Yet the opposite occurred. "The arrival on the market of small areas of good quality in the most desirable areas of the capital (central districts) where the supply is almost always less than demand," boosted the market.Seeking a safe haven in times of crisis, buyers have little discussion of prices these homes that have sold "cheap and fast," says Sebastien de Lafond. In Paris, the transactions were small areas and 63% of the total in October, 10 points higher than the average.

7975 euros per square meter on average

As a result, prices have gained 1.5% on average in October according to the monthly barometer, finding the average level found in the month of April in 7975 euros per square meter. Of course, the increase was not uniform in all districts of Paris. I searched the neighborhoods of the eighth arrondissement rose from 3.5 to 4%, while the eighteenth, nineteenth and twentieth districts stagnated. The suburb has not seen any improvement.


Nov 23 2011

Tag: economics, finance, international, resources, technologyadmin @ 8:20 am

The Paris Bourse should attempt a rebound on Tuesday, a day after falling more than 3%. Around 8:02, the CAC 40 futures contract shown up 1.02%, suggesting a sharply higher opening of the Paris index. The movement should be a European future since the Frankfurt Stock Exchange advance them to 0.68%.

The problems of sovereign debt, however, should hang over the markets. The pressure rises in the euro zone since Moody's announced that the triple A French was threatened. Spain and Italy are always attacked in the bond markets. Finally, Germany is in the viewfinder of many observers who believe the country could experience a domino effect on the market.

But Europe is not the only one to raise the nervousness of the operators.

For now, the rating agencies Standard & Poor's and Moody's reported that U.S. credit rating would not be affected by the failure of these discussions. Fitch, however, said it could revise its outlook on maintaining its AAA rating assigned to the United States. It recalls that it had warned in August that "a failure of the super committee to reach an agreement would likely have a negative result on the rating" of the country.

This news has already had the effect of falling Wall Street yesterday and the stock markets in Asia this morning, confirming the prediction of Japanese Finance Minister, Jun Azumi, said this morning that fearing "a big disappointment in the markets."

Oil rises

Under the spotlight, the United States must deliver on Tuesday the second reading of GDP in the third quarter.


Nov 20 2011

Tag: business, finance, life, resources, technologyadmin @ 1:32 pm

Released in early 2010, a year and a half of recession caused by the bursting of the housing bubble, Spain could plunge into the red. Supported by the only engine of exports and tourism, the economy will suffer from the international slowdown. And domestic demand – consumption and investment – remains stalled, weighed down by record unemployment. Economists forecast a decline in activity over the next two quarters payday loan lenders. For the full 2012, Natixis expects an increase of GDP, limited to 0.2%, even more severe, Bank of America Merrill Lynch expects a fall of 0.7%. Two days before the election, the government had to accept lower growth for 2011 at 0.8% against 1.3%, less than half that expected by Brussels in the euro area.

Occupation: the red lantern of Europe

This is the black point of the Spanish economy.


Oct 30 2011

Tag: finance, online, people, technology, traveladmin @ 9:00 pm

In the second of the five-day strike of cabin crew of Air France, the company claims to have secured 80% of its flights. According to a spokesperson, it will be the same for Monday. Knowing that the day before, "88% of flights, not 80% as announced" were maintained, she said. The conflict creates a battle of numbers between unions and management. According to the latter, there would be 30% of strikers. For the main trade unions, there are between 50 and 60% of agents who have disengaged. Remember, the movement is to protest against the proposed reduction in the number of cabin crew in some planes.

"Management is currently parades, but it can not hold the road in five days," said Gaëlle Sibril, steward of Southern Air. "That's why we filed a notice of strike for five days because we know they can be organized over two days but no more," she added.As at the airport in Toulouse: Toulouse-Orly ten flights on nineteen planned included were canceled, said the Depeche du Midi. The newspaper also states that "last-minute delays are expected." Note that at Nice, the third busiest airport in France, three flights were canceled Saturday to Paris no fax pay day loan. The same applies to Marseille where five flights were canceled in the direction of Roissy and Orly.

In total, about 200 flights on the 1000 planned were canceled Saturday. To service, the company temporarily restricted to 100 passenger capacity of its medium-haul flights from Orly. This management method was chosen to avoid having to put down passengers for lack of a sufficient number of hostesses and stewards. "It blocks the flights a minimum. Is completed according to the presentation of the crews as and when.Traffic should be disturbed until Wednesday, November 2 included.

In 2007, a similar strike, triggered by the same six unions to the same period of Toussaint, had caused major disruptions. Air France was forced several times to review downward its traffic forecast: 90% of flights expected to be provided the day before, this had increased to 60% during the weekend.

Modified or exchanged for free tickets

The company called to check passengers before they leave for the airport, on the website of the company, the list of flights canceled or delayed. They also know the traffic forecasts by sending an SMS to 63654 with their flight number.


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 27 2011

The Asian market welcomed the plan Eurozone

Tag: Uncategorized, economics, finance, international, traveladmin @ 10:28 am

The concern of earlier this week gives way to relief. After completing a session in the balance yesterday, marked by a small rise in the Nikkei 0.16%, Asian stock markets will resume after the announcement of the plan to stem the crisis in the eurozone. The benchmark index of the Tokyo Stock Exchange rose on Thursday at the close of 2.04% to 8926.54 points at.It's the same for other Asian financial centers: the Hang Seng index of Hong Kong Stock Exchange gained 1.74% to 19,399 points, the CSI 300 Index 0.26% 2658.42 Shanghai points, the Kospi Index Seoul 1.42% to 1921.29 points, the S & P / ASX 200 Index 2.43% to 4345.80 Sydney points, the BSE Sensex 30 in Mumbai at 0.20% 17,288.80 points and the FTSE Straits Times Singapore 1.63% to 2814.99 points.

Shortly before 4 am, France, Germany and the euro zone countries are agreed after intense negotiations with creditor banks on a 50% discount on debt securities Greek removing the last obstacle to a comprehensive plan of response to the debt crisis. The contribution of the private sector, coupled with an effort of the States of the euro area of ​​130 billion euros, will bring the Greek debt of over 160% of GDP today to 120% in 2020, said Nicolas Sarkozy.The French president also said that the means of relief funds in the euro area (EFSF) would be "multiplied" in order to reach "1.4 trillion dollars," or "1000 billion euros." For Nicolas Sarkozy, "the summit has to adopt elements of a comprehensive response, an ambitious response, a credible response to the crisis in the euro area". Even if the plan is still very fragile if the economy of Greece does not improve, he said.

The surge in the yen threatens Japan

For its part, the IMF Executive Director Christine Lagarde welcomed the "substantial progress" made at the EU summit in Brussels, welcomed the leaders of the euro area have set up "a program that will respond to the crisis in the region " check cash advance.Greek Prime Minister George Papandreou, for its part considered that a "new era" began in Greece, speaking of a "new beginning" with this debt reduction Greek.

On the macroeconomic front, the Central Bank of Japan announced Thursday a further easing of monetary policy to fight against soaring yen that threatens the recovery of the Japanese economy.The institute has decided to increase 5 trillion yen (47 billion) purchases of treasury bills, increasing to 55,000 billion yen (519 billion) the maximum amount it spends on purchases of government bonds, corporate bonds and other financial securities, and loans at preferential rates.

The euro has strengthened

In addition, retail sales continued to decline in Japan in September, from 1.2% yoy, due to the fall in purchases of TVs after an exceptional run in early summer, announced the Ministry of Economy Thursday. However, car sales have stopped their dive.Consumers remain cautious overall spending due to fears generated by the earthquake and tsunami in the northeast of the archipelago on March 11 and the Fukushima nuclear accident they caused.

Side values, the action of the group of cameras Olympus soared 23% Thursday at the Tokyo Stock Exchange, following the resignation of its CEO Tsuyoshi Kikukawa, accused by his British predecessor Michael Woodford to have overcharged acquisitions between 2006 and 2008.

The euro has strengthened, buoyed by hopes of resolving the crisis in Europe. It was worth 106.26 yen and 1.3975 dollars in Tokyo Thursday morning, 1.3908 against the dollar and 105.98 yen in New Yok the night before.

Finally, oil was up, after the sharp fall the previous day in New York.In electronic trading in the morning, a barrel of "light sweet crude" gained 1.11 dollar to 91.31 dollars a barrel while Brent North Sea crude for December delivery took 70 cents to 109.61 dollars.


Oct 13 2011

Warren Buffett published his tax return

Tag: business, economics, finance, online, publicationsadmin @ 7:24 pm

Warren Buffett returned to the Tax imposed on it wishes to super rich. In a letter to an elected Republican congressman, Tim Huelskample, billionaire furnish in support of his argument precise details of income and tax it performs.

The third richest man in the world it reveals an annual income of $ 62.8 million in 2010. But thanks to various deductions which it benefits, taxable income does not exceed $ 39.8 million, he had already made clear this summer, so he paid $ 6.9 million in U.S. Treasury as 2011au the tax. Either a tax rate of 17.3%, lower than that fulfill many Americans from the middle class, including his secretary, said, according to AFP, the billionaire in a letter dated Tuesday.

Call for Rupert Murdoch

Warren Buffett, who supports the Obama administration's desire to impose more richer to reduce the U.S. deficit, has also urged his countrymen to publish very easy to turn their tax form no fax cash loans. "It is clear that many ultra rich pay even lower percentages than me on the federal government, and get the amount of taxes could be useful to legislators to establish a fair tax code," he wrote to Tim Huelskamp.

Warren Buffett had called last week Rupert Murdoch, owner of the Wall Street Journal, to publish its tax-bill, after the publication of an editorial highly critical of the "Buffett tax" in the popular business daily.

A report published on October 7 by the Office of the U.S. Congress is in support of the speech of Warren Buffett.According to the report, 25% of American millionaires, or 94,500 people actually pay less tax than the 10.4 million households earning less than $ 100,000 a year. On average, however, the millionaires perform according to the report of a tax rate of 30% when these middle-class households are taxed at only 19%.


Oct 11 2011

Beijing flies to the rescue of its banks

Tag: Uncategorized, business, economics, finance, top newsadmin @ 6:32 pm

A branch of the Chinese sovereign fund China Investment Corporation began purchasing shares of four major Chinese banks in trouble in the markets. The subsidiary in question, the fund Huijin rich 400 billion dollars and already the largest shareholder of the four largest banks in the country, did not specify the amounts invested in the operation, but the news was enough to reassure some investors. This morning, the values ​​of the banking sector take off in Hong Kong Stock Exchange: Industrial & Commercial Bank of China (ICBC) jumped 8.9%, China Construction Bank ahead by 9.1% Agricultural Bank of China wins 12 % and Bank of China allows itself 9.8%, against an increase of 3.3% for the benchmark index of the Hong Kong, the Hang Seng.

The titles of Chinese banks have continued to decline on the stock exchanges in Shanghai and Hong Kong in recent months, reaching their lowest level in two years recently cheapest personal loan rates.These dismal performances reflect investor concerns on the issues of debt incurred by local governments in China, revealed by an unpublished government report last June. Provinces and municipalities have accumulated at least 1.16 trillion euros of debt in late 2010, with 80% financed by Chinese banks. Nearly 25% of these loans expire at the end of the year.

The explosion of informal loans, in an environment of tight credit, also weighed on banks, who have seen private individuals and companies take almost 50 billion euros over the first two weeks of September, a large part is then paid out of any legal framework.

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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 02 2011

The home improvement encouraged

Tag: business, features, finance, life, newsadmin @ 6:00 pm

The National Assembly has been discussing the bill Thursday strengthening the rights, protection and consumer information. Already, two amendments were adopted on Thursday evening, which will impact on landlords and potential tenants. The text tabled by MP Francois PS Brottes and endorsed by members of right is to encourage improvements rented accommodation. To do so, homeowners who have implemented the work that contribute to lower occupancy costs will now increase the rent "for 50% of expenses saved." A measure "win-win" according to the PS deputy, the Secretary of State for Consumer Affairs, Frédéric Lefebvre, also considered "attractive." One problem remains: the amount of expenses saved will not be easy to assess, said the reporter Daniel Fasquelle.The decree of enforcement should provide more details.

To further protect buyers and sellers of homes, parliamentarians have also adopted at the same meeting an amendment reducing the period of exclusivity clauses imposed by estate agents. Amendment UMP plans to limit the duration of these contracts to three months. This is "to provide for reasonable and appropriate to market needs," without calling into question this possibility completely, which "encourages the professional to find or sell a home quickly," says the text paydayloans. The amendment, passed in the ranks of the Socialist Party, was described as "very important" by Frederic Lefebvre. The bill already provided that such exclusive contracts can no longer be tacitly renewed, but only under an express agreement.

The text under consideration since this week also includes other measures aimed primarily at protecting tenants. Owners who do not return the deposit due to their landlord will increase the amount of 10% per month of delay. A measure that MPs hope deterrent. As the new owners now, tenants can now also challenge the falsity of the information provided by the surface owner within a certain time. A measure that would apply only to contracts signed after the passage of the law.

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