International Headlines and Stories

Co-leader of drones, unmanned aircraft, with the United States, Israel has come into force at the Paris Air Show. Under the leadership of "Israel Export & International Cooperation Institute" and the commercial department of the Israeli Embassy in Paris, fifteen companies representing the flagship of the aerospace industry, display their latest creations. By visiting the house of Israel, visitors can "touch" the latest innovations.

Among them, a strange machine to look worthy of Star Wars called AirMule. Urban Aeronautics presents a model of the UAV helicopter whose rotor is not visible because housed in the body of the device. AirMule has already made several test flights. It is intended to convey the property or to perform medical evacuations in theaters of operation in urban environments or in complex natural sites difficult to access.Its specifications in fact enable it to obtain dual certification (civil and military). It concerns the Israeli Ministry of Defense and NATO.

Another original concept developed by Aeronautics Defense Systems, the transformation of a civilian aircraft into existing UAV MALE (Medium Altitude Long Endurance). "UAVs often have reliability problems because of their platform that can also be certified to fit into the civil air traffic," said a company representative. Aeronautics Defense Systems has decided to work from an Australian aircraft, the Diamond DA 42, the cell tested. And he turned into MALE UAV called Dominator.The company that specializes in unmanned air, land and sea, began production in February Dominator.

Partnership with EADS and Thales

Israel is a major player in the defense market with a global market share estimated at 7 payday loans.5%. In 2010, according to the Israeli Ministry of Defense, the export sales of armaments have reached $ 10 billion, twice more than in 2008. The industry occupies 150 companies whose leaders are the group Rafael, Elbit and IAI, which employ some 44,000 employees. Israel has often been a pioneer in the field of defense. His army was the first to use drones, manned aircraft from the ground station, on a massive scale in 1982 in the Bekaa Valley during the war in Lebanon.

These leading companies have, for years the card partnerships with U.S. and European manufacturers.The group thus provides the platform IAI Heron which is the basis for the Snowy, the MALE UAV militarized by EADS, which is used by the French Air Force in Afghanistan. In Britain, Thales has set up a joint venture with Elbit group to make the platform's tactical UAV Wachtkeeper which has a technology transfer platform Hermes 450. Wachtkeeper was developed for the British Army who ordered 60 copies. It will enter service in late 2011.

In all, Israel has developed a range of UAVs double duty (civilian and military) that goes from the micro-craft to the general observation drone high altitude long endurance (HALE).The fleet in service on five continents has accumulated 700,000 hours of flight, a world record.

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And if you asked more questions in the right place? "Suggests now a television commercial for Old National Insurance (CNAV) to the humorous. A few days before the commencement of the pension reform (July 1, read PreviousPage), the government explained to the French that they have several partners that would respond to questions they are sure to arise on their future retirement. Consultants by telephone (39 60), websites (pedagogical and practical), retirement calculator (m @ rel), statement of career situation, sources of information about retirement have increased in recent years.They are also more and more personalized.

Thus, the public interest group (GIP) Info Retreat, which coordinates 35 mandatory pension systems, address every five years from the age of 35, a statement of "personal circumstances" (those born in 1951 , 1956, 1961, 1966, 1971 and 1976 will receive their statement this year). This lists all schemes where the insured has acquired rights, with the corresponding periods, the compensation taken into account in calculating the pension, life insurance or the number of points acquired, periods or events that may influence the retirement age or the amount of pension (military service …). A document is purely informative.

From 55 years, is changing

Policyholders receive more than the statement a "rough estimate global" (in the basic and supplementary schemes), and the age of entitlement.Very useful, this document lets you know exactly the number of quarters acquired and especially to get a clear idea of ​​the amount of support we receive, if it pushes his retirement. "Generally, these reviews are thorough and well done. They have quite a few mistakes, "said Pascal Mignery, president of France Retreat. Mistakes are sometimes the result of the corporate employer, which did not submit all information collected at the time the computer did not exist short term personal loans. "But beware, these records do not mention the increase in pension for family of three children and periods of expatriation," he says.

In addition to these two devices, the law on pension reform introduced a progress retirement at age 45 (it enters into force in January 2012)."Each insured may request a personal interview on the rights he has made in mandatory pension systems," says CNAV. This will enable some awareness of the need to save for retirement yet distant. "It will also be very useful for expatriates who do not always know they can contribute to the French funds while overseas, in advance Pascale Gauthier Novelvy.

Also from next year, the younger will also be sensitized to the problems of retirement. After two quarters of work (validated), they will receive a newsletter on pension division.

If you want to know the exact amount of your retirement, you can use the calculator m @ rel (www.marel.fr).This will also allow you to know at what age you can claim a full pension and to know the financial consequences of an early departure. Small flat, you must enter yourself all your information. Moreover, this simulator does not yet take into account the terms of the pension reform.

Those who had a career more complex, punctuated with many changes (employer or status, for example) will knock on the door of a boutique firm that will help them see more clearly (at what age from, what are the benefits of combining employment and retirement …). "We help employees not err in departing three months too early for example. We are also much sought in their forties who are considering changing their professional status and wish to understand the implications this will have on their future retirement, "says Pascal Mignery.The price of such a service? Between 1000 and 5000 euros on average, according to the firms.

Shortly before the opening of Wall Street index futures Standard & Poor's 500 and Nasdaq 100 retreated 0.51% respectively to 1302 and 0.67% points to 2293 points, suggesting an early session in the red. The Dow Jones was due in part to its decline from 0.41% to 12,149 points.

The day before, the U.S. stock market had entered into an indecisive session slightly higher. The results of the first quarter of JPMorgan, though strong, were certainly enthused the stock markets, by and of the Atlantic. But they also left Wall Street more lukewarm. The title JPMorgan also yielded 0.83% at closing."The outstanding consumer loans, down from 8.50% in the quarter were disappointing in this publication," suggested Christian Parisot at Aurel BGC.

Obama's speech and the Beige Book Fed's call for caution

Prudence markets, fueled by retail sales figures mixed, could also be explained by the expectation on Wednesday, after closing a speech of Barack Obama since the George Washington University, the preferred solutions for fight against debt and deficit. The U.S. president has proposed including more taxing wealthy households.Objective: to reduce the U.S. deficit of 4000 billion over 12 years.

The Beige Book Fed unveiled, also on Wednesday evening, has not reassured the markets: according to this highly anticipated release, "the Japanese disaster of 11 March will have a greater impact than expected on the U.S. economy , "because of disruptions in sales and production (especially on the East Coast and central United States)," says Franklin Pichard, Director Barclays Exchange.

If the activity has continued to improve in the United States, this improvement has been uneven from one region to another. Soaring commodity prices began to threaten corporate margins and consumer spending.According to the Fed, the housing market remains depressed, even if the labor market, however, is stronger than in February.

Producer prices and jobless claims

Side indicators, foreclosures in the United States are divided on the rise in March, said this Thursday, the specialist firm RealtyTrac, which are expected to grow further in the coming months. In total, 73,174 homes were seized by creditors in March, up 13% from February, according to figures from RealtyTrac.

On the agenda of the day, the producer prices for March will be announced at 14:30, at the same time that the registered unemployed.This Thursday and Friday, also held the ministerial meeting of the G20 in Washington.

Google and Hasbro unveil quarterly leursrésultats

On the corporate side, after Alcoa and JPMorgan, it is this Thursday, Googleet Hasbro unveil their accounts in the first quarter.

Zipcar, a U.S. car rental self-service, also announced Wednesday it fixed at $ 18 the price of the 9.7 million shares it plans to market Thursday, which would an IPO at some $ 164 million. This price action, revealed in a document released Wednesday by market authorities, beyond the range of 14 to 16 dollars advanced last week.

The amount is staggering. $ 70 billion social aid were announced by King Abdallah live on Saudi television on Friday. Therefore a figure for the 28 million inhabitants of the country, one third of the unemployed are young people aged 21 to 29.

The monarch has promised minimum wage increase to 800 dollars, the increase in premiums for unemployment up to 250 dollars, a premium of two months salary for each employee and a bonus of two months for student scholarships . But nearly $ 67 billion aid plan – almost all of the assistants will be devoted to the allocation of funds for the construction of 500,000 housing units across the country, and an envelope for the health sector. King Abdullah has proposed to inject more money into home loans by increasing to $ 128,000.

These injections of public funds came after the unprecedented announcement by the King on February 23 of a first action plan of 36 billion dollars. They should help diverdifier the Saudi economy, largely dependent on oil revenues.

Further monitoring

In his televised speech of three minutes, the sovereign has also announced the creation of a committee to fight against corruption, which will be under his supervision and could control all branches of government faxless cash advances. He also mentioned the creation of 60,000 new jobs security by ensuring that security forces will be ready to respond to "all those who intend to undermine 'the kingdom.

Fearing social unrest that the country earns from Bahrain, a neighboring country, where violent clashes between Shi'ite demonstrators and security forces took place this week, security forces were deployed en masse on March 11 in Riyadh, and in the eastern provinces, home to a strong Shiite community. However, according to some sources, the stability of autocratic rule of King Abdullah, from a prominent Sunni family, is not likely to be unshaken.

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The net is closing around the football clubs. By last weekend, the president of the Professional Football League (LFP), Frederic Thiriez confirmed the loss of 114.1 million euros for the Ligue 1 clubs in 2009-2010. The report of the National Monitoring Directorate and management has not yet been validated by the union of professional football clubs (UCPF). "The clubs have been affected by the global crisis and the slowdown in the transfer market," he says.

Nevertheless, the president of the LFP is aware that the explanation goes beyond the mere "fact crisis." Revenue transfers fell sharply (-41% in 2009-2010), wages that are consistent, in equity base (-28.8% in 2009-2010) are all reasons for the economic difficulties of football French."Success" of the tender on the television rights to be held between April 30 and May 15 is more than ever sought by clubs in Ligue 1. In other words, they hope that Canal + will raise its offer or another broadcaster will file his candidacy. In an exclusive interview figaro.fr, president of Olympique Lyonnais, Jean-Michel Aulas has admitted that in case of falling revenue from TV rights, it will sell two or three players at the end of the season and reduce the wage bill of around ten million euros.

In addition to increasing revenue, including sponsorship and ticket sales, the long-term goal for the elite of French football is to significantly reduce its expenses. Involved soaring player salaries. "For at least three years, wages have been higher by at least 20% on budget," said Richard Oliver, president of the DNCG free credit score online.While the practice of financial fair play must be established at European level in three years, the DNCG intends to strengthen its supervision of accounts of football clubs.

"Addressing the hazards athletes"

From the 2011-2012 season, the supervisor will compare the funds' own clubs with bigger operating loss, excluding transfers recorded in the last three years. If it was higher than the equity, off-recurring items, the club's transfers in question are framed over a period of three to five years. "The goal is to allow clubs to deal with uncertainties sports, not as a qualification for a European Cup or relegation to a lower division," said Richard Oliver.

At first glance, the clubs would be on the same wavelength as the DNCG.The average salary of new contracts signed in Ligue 1 when last winter transfer window is actually down 7% from the summer of 2010. Yet the annual report of the supervisory authority on the accounts of French clubs for the 2009-2010 season which was published last Friday was postponed. The reason? League 1 expressed pessimism annoyed by the DNCG. "The concerns are not in France when there are foreign clubs, and big clubs, who would not qualify if the financial fair play were applied today," said Jean-Pierre Louvel, president of the 'UCPF.

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On his knees by the crisis, U.S. automakers rose. After Ford, who made $ 6.6 billion profit last year, General Motors on Thursday posted a net profit of $ 4.7 billion for 2010.

This is the first time the number one U.S. makes money since 2004. This is the same for its biggest profits since 1999. In 2009, the automaker had lost $ 4.4 billion between leaving bankruptcy in July and the end of the year, after accumulating 82 billion deficit in 2005-2008.

"Last year was a rebuilding year, welcomes Dan Akerson, chief executive of GM. "We are particularly pleased that GM has managed to generate continued profitability, while the sectoral cycle was near its floor."

The group has benefited from dramatic cost reductions made during its bankruptcy.Result, with a saving of about $ 2,000 per car, the Detroit giant has approached the production costs of its Asian rivals.

Meanwhile, the group benefited from the rebound in sales in the U.S. (+7.2%), and its strong position in China, where it sold 2.35 million vehicles.

Opel still losing

GM has not yet won that $ 510 million in the fourth quarter poor credit personal loans. The American, who had suspended some projects during the crisis has revived the model developments, which increased its costs. The recent launches of the Chevrolet Volt (electric) and Cruz have created other expenses.

The Achilles heel of the group remains Europe, where its subsidiary Opel has still not profitable: it lost $ 600 million last quarter."In Europe, we strive to continue to lower our breakeven point, with further cost reductions," said Dan Akerson.

Another concern: the surge in oil prices. During the crisis, the group had paid a high price for its reliance on big vehicles. Not wishing to commit the same mistake, since GM has invested in small cars. "Honestly, I do not know if American consumers want these models. But we must be prepared if the price of gasoline exploding again and tip the demand towards fuel-efficient models, "explained Steve Girsky in January, GM's vice president in charge of strategy and product development . Only problem, small cars are far less profitable than the 4 × 4 and the pickup.

After three consecutive weeks, the CAC 40, which closed last Friday above the 4000 points (4017.45 points exactly), continues to move at the opening with a gain of 0.3% to 4028 points.

Earlier this morning, Asian stock markets have shown tentative and U.S. markets had scattered them over in orde Friday night.

On Monday, President Nicolas Sarkozy at the Elysee gives the kickoff of a year 2011 marked under the seal of the international retailer, to reporters and foreign ambassadors in Paris (live TV on Facebook and Dailymotion), his goals for the G8 summit in late May at Deauville and the G20 early November in Cannes.

Markit index at 9 am to follow

To wait for that day at business publications include the quarterly business survey by INSEE in the industry, the month of January at 8:45, then 9:00, the PMI Flash (Markit) fall before to know the composite index of purchasing managers (PMI) in the euro area (10 hours) and new orders in industry in November 2010 (11:00), always in the eurozone.

At noon, back in France: the quarterly surveys of conditions in the building trades and real estate development in the first month of the year will be unveiled.

This afternoon, Fevad present stock of French e-commerce in 2010, with opening remarks by Eric Besson, Minister for Industry, Energy and the Digital Economy.

Renault out of the wood

As for values, ArcelorMittalsigne the largest increase of the leaderboard with a gain of 2.9%. Steelmakers produced 1.4 billion tons of steel in 2010 (+15%). Growth welcomed but fears of overcapacity in 2011.

Renault (+0.7%) had evidence of "multiple" on the case of industrial espionage which are believed to three frames of the group, said Sunday the group's CEO, Carlos Ghosn payday loans. Earlier in the day, counsel for one of three executives covered by the suspicions had called Renault CEO Carlos Ghosn to provide proof of charges that founded the lawsuit from the manufacturer.

Automotive side, Toyota is the world leader in 2010, despite several points vehicle recalls.

Danoneest in small increase of 0.1%. According to La Tribune, Danone Dumex interested in India, a manufacturer of baby foods.A nugget in its sector: Dumex is number one in China and India.

The side of falling, Sanofi-Aventis is down slightly after the announcement on Monday duprolongement its takeover offer for Genzyme, always the same price of $ 69 per share or $ 18.5 billion in total, until February 15. "While these discussions have continued and have included sales teams and executives from both Sanofi-Aventis and Genzyme, significant differences remain regarding the CVC (certificate of conditional value) and the potential value of the offer Sanofi-Aventis, and there is no guarantee that parties will reach agreement, however, warns Sanofi.

Orange (France Telecom) also declined slightly by 0.1%. The operator has negotiated the acquisition of part of investors to share the platform for sharing videos Dailymotion, valued at approximately EUR 150 million.

Note also that Nicolas Sarkozy will announce on Tuesday a call for projects on five coastal sites for an investment of 10 billion euros. French and foreign manufacturers are mobilized for this competition.

Eurocopter will deliver its key figures for 2010 and its outlook for 2011 from 10.30. Sodexo holds its general meeting at 16.30.

Electroshock. The announcement from Steve Jobs yesterday (Monday) to take off again, weighed heavily on investor sentiment. As usual, when the captain left Apple-temporarily-ship Apple, the first symptom is the sudden shiver, followed by the heart racing. And generally, the stock price of the third widest largest market capitalization in the world wins. Is still the case on Tuesday: Mid-afternoon, the title loses 3.55% to 336.11 dollars.

According to Piper Jaffray analyst Gene Munster, "every time Steve Jobs had to leave to sick leave, the impact on Apple stock was lower. The last time the boss's absence, between January and June 2009, the same as Apple has jumped 50% over the period.A few months ago, however, while the man had appeared weak and emaciated at a conference, he had plunged 10% in one week.

Quarterly results expected tonight

So even if the statement sent to its employees, only six lines and rather elusive – you know neither the severity of her condition or the duration of his absence – the mere fact of being "transparent" seems a better way Apple. Tim Cook has sought to clarify that "Jobs is not leaving his post as CEO, we believe that his absence will be both shorter and less serious than last time."

Finally, this Tuesday is the day that Apple unveils its quarterly results. Good numbers might cons-balance the bad news on the health front of Steve Jobs.However, unless major surprise, the publication of tonight should again be placed under the sign of growth and performance, including its flagship iPhone and iPad.

And nothing seems to stop the mad rise of the mark to market the apple. The Apple stock, which has exceeded for the first time in its history the 350 dollars last week, still rose 50% over the last six months. Last May, Apple has ousted its longtime rival Microsoft in terms of market capitalization, which topped the beginning of this year's $ 300 billion.

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U.S. stock markets have played yoyo Friday. The index started the first trade in the red and stayed in negative territory all day. But, as European stock markets, the trend was reversed in the afternoon. The Dow Jones finally ends up 0.47% to 11.787 points, the Nasdaq is 0.73% to 2755 points and the S & P climbed 0.74% to 1293 points.

On the foreign exchange market, the euro has risen further against the greenback on Friday at 1.3376 dollars against 1.3358 dollars on Thursday night.

On the macroeconomic front:

– Retail sales rose less quickly than expected in December in the U.S., according to statistics released Friday. Retail sales rose 0.6% from November, according to the Commerce Department, which reported a sixth consecutive monthly increase. Economists had forecast a rise of 0.8%.In November, sales rose 0.8%.

– Inflation, meanwhile, has accelerated in the United States in December, rising 0.5% against 0.1% the previous month, according to official data published Friday blamed the increase on the rise fuel costs. Analysts on average expected a rise of 0.4%.

– Industrial production rose 0.8% in December, according to statistics released Friday by the U.S. Federal Reserve. Production rose 0.3% (revised) in November and economists had expected for December to a 0.5% increase.

– Business inventories rose less than expected in November, while sales rose 1.2%, said Friday the Commerce Department.Inventories rose 0.2% to 1,421.6 billion, while economists polled by Reuters expected a 0.7% increase.

– Consumer sentiment declined in January, according to preliminary results of the Monthly Thomson Reuters-University of Michigan released Friday. The index of consumer sentiment stood at 72.7 against 75.4 expected by economists polled by Reuters. It was 74.5 in December.

The banks are the indices

As for values, the banking sector brought the index up late in the session. JPMorgan Chase (1.06% to 44.92%) unveiled Friday a 48% increase in net income from 2010 to 17,400,000,000 dollars, and a similar rise in quarterly profit to $ 4.8 billion , both exceeding analysts' expectations.

Bank of America (3.18% to 15.24 dollars), Morgan Stanley (2.40% to 28.98 dollars) or Citigroup (1.69% to 5.13 dollars) in profit.

According to the Financial Times, Goldman Sachs (+2% to $ 175) lost $ 5 billion more than it had previously admitted in his brokerage account own in 2008, the worst of the financial crisis instant payday loan. In total, the bank has suffered this year from $ 13.5 billion loss on investments made through its own resources.

Intel (-0.99% to 21.08 dollars) a global leader in semiconductors, and the first major U.S. high-tech sector to present its findings, unveiled a performance exceeding expectations. The group said it had benefited from strong demand from businesses.The division data center, "these buildings including the machines (servers) used to store and process the vast amount of data circulating on the Internet, saw its sales jump 35%.

Always on the side of values, Merck (-1.33% to 34.23 dollars) has announced the arrest of a study on its anticoagulant Vorapaxar and significant changes to the second study in progress on the same medication. Furthermore, another laboratory, Bristol-Myers Squibb (-0.31% to 25.82 dollars) has announced the recall of 64 million tablets of Avalide, a treatment against hypertension, the U.S. and Puerto Rico.

Also note, the World Trade Organization (WTO) will publish the final report in late January on aid to Boeing, Washington (0.34% to 70.07 dollars), deemed illegal by the aircraft manufacturer Airbus and France said Friday the office of U.S. Trade Representative.In September, the aircraft manufacturer Airbus and France, after reading a draft of the report, had claimed victory in the war of the titans between them to Boeing, ensuring that the WTO ruled in favor of Brussels in finding illegal years of aid from Washington to the American giant. Beyond the series of tax exemptions and social which the American manufacturer has received, the key question concerns the terms of the grant made by NASA and the Pentagon in the U.S. aircraft manufacturer, research programs and development.

Also in the aerospace industry, Delta Air Lines (0.99% to 12.74 dollars) announced Thursday its intention to order 100 to 200 devices to renew part of its fleet. The U.S. carrier said he sent requests for proposals to several major aircraft manufacturers last month.Besides these 100 to 200 aircraft, Delta mentions the possibility of 200 additional aircraft. Deliveries will begin in early 2013.

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In the corporate world, the third way is very popular. The number of ruptures conventional employment contract, which is the third opportunity to end collaboration between an employee and his employer, the dismissal and resignation, continues to grow. Between January and November last year, 230,000 amicable separation by mutual agreement between the employee and the employee has been granted, reports Les Echos, against 190,000 in 2009.

Since the inception of this scheme in January 2008 nearly 455,000 were authorized protocols. The bar's half-million of this type of separation could be achieved by the end of January, the newspaper said.

Fewer refusals

The success of this new protocol is also because governments refuse to fewer protocols.The refusal rate reached 7% in November 2010 against 11% a year earlier and 21% in August 2008, when the first signature of conventional rupture. Moreover, the number of appeals before the Labour Court is very low.

But two risks remain. These devices could be used as substitutes for redundancies, the number of social plans is declining. Furthermore, this device could be used as a protocol for early retirement in disguise. In addition, the success of these devices could affect the unemployment insurance account.

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