In this context, the Japanese Nikkei ended the session down 0.72% to 8541.93 points.The broader Topix index has in turn reduced by 0.67% to 730.91 points. "We need to stabilize the situation in Greece, Italy and Spain for the Nikkei rebound," said Fumiyuki Nakanishi, a broker at SMBC Friend Securities. The export sector has been especially battered because of the renewed weakness of the dollar against the yen. The greenback fell in the early morning under the threshold of 77 yen before slightly recover. Elpida unscrews to 8.54%, 1.46% of Sony and Sharp 1%. Bank stocks are also in the red in the image of Resona (-1.45%) and Aozora (-3.13%). Only Olympus has distinguished himself on the rise: the title continued to climb started the day by winning 18.51%, the maximum allowed for the day.

In China, Hong Kong and Shanghai respectively unleash 19,295 points to 1.09% and 0.23% to 2522 points. Spirit takes the rating down (-3.10%) in Hong Kong, as Foxconn (-1.37%).

"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.

Question of economic efficiency then. One can only be struck by the complete lack of fiscal strategy of the Finance Bill 2012, currently under discussion in Parliament. In the eyes of officials of Bercy, the only way to increase tax revenues is to remove the niches or benefits made in the tax calculation.More than half of the 11 billion euros in additional savings are announced in late August and the removal of some old tax benefits. Now that the idea has been fueled largely with public opinion than the 104 billion euros in lost revenue for state coffers that are the fiscal and social niches, half are "very effective" or "inefficient", this solution is actually the easiest to implement. But it can serve as long-term program. As niches, whose real term is "tax expenditure", are as fundamental to encourage private investors to replace the public investor.No niches, no investment in France, which already sorely lacking.

Reform the income tax

The tax reform in 2012 will revolve around three major issues: how to bring balance between taxation of wealth and income? How to get to his income tax progressivity? What future for VAT?

To these questions, the UMP and the PS will provide different answers, of course bad credit payday advance. But the rules are the same for all. France can no longer raise taxes. The tax ratio-mandatory, ie the tax burden, amounted to 44.5% of GDP, close to its historical levels (44.9% in 1999). But conversely, the disastrous situation of public finances prevents them down.The "big bang" will be announced fiscal totally bounded in the universe: it will be a rebalancing in depth, but revenue constant.

Some lines of force emerge. The income tax in its present form, is on trial. Two transformations are emerging: reconsider its progressivity, that is to say goodbye slices. Or merge it with the CSG, an idea that has the favor of PS and a large part of the UMP. This merger should not be mistaken, broaden the tax base, will make the income tax fairer, but will also be more painful for the average incomes.

Similarly, it will not escape a VAT reform. Since 2008, 15 European countries have found, for fiscal consolidation, so much so that the rate of 19.6% French is now among the lowest in the euro area, 1 point lower than the average.Especially down at the other, the government chose to lower it for some sectors (food, building …).

Finally, there is the balance between taxation of income and wealth. The most sensitive issue. Recently, in Le Figaro, the budget minister Valérie Pécresse explained: "By raising taxes on savings, we compare the taxation of wealth from that of labor income." The road has only begun. One can imagine what awaits holders of wealth in the coming years …

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"Buyers more opportunistic and strategic"

To the general manager of Crédit Foncier, today's generation is more "strategic" than their elders who could probably more easily buy a long-term bad credit pay day loans. "We are faced with more opportunistic buyers, which are placed on a financial and strategic option," he said. Today's buyers who have experienced a doubling of prices in ten years are more responsive to market conditions according to this survey (75% against 66% for buyers of the 2000s) but not more concerned than previous generations to build a retirement investment (on average, between 71% and 72% by generation).

In this context of rising prices, buyers today feel more proud to own (67% against 54% for generation 2000). Generation in 2000, helped by a favorable economic environment, expressed "most satisfied", the buyers of the 1990s say they are "reasonable" and those of the 1980s put forward the "sacrifices" made to repay the loan.

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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Many controllers SNCF had exercised their right to withdraw on Thursday afternoon to work after the announcement of the attack on a colleague on a train on the Corail Lyon-Strasbourg. In an interview with Figaro.fr, the president of the SNCF appealed to the coolness of the railway to resume work soon and would discuss with the unions to turn.Management has undertaken to present an emergency plan with the security services.

Traffic TGV, Corail and TER is still disrupted, although the situation has improved significantly over the entire network, including 8-9 in 10 TGV from and to Paris and a TER of 2. To find out if their train is running, users are encouraged to consult regularly Infolignes site, or call toll free (free from a landline) 0805 90 36 35.

Toll and information site

SNCF always invites customers to delay their trip or take alternate means of transportation. Ticket holders whose train was canceled may obtain a refund, or take any train leaving for the same destination without the need to exchange their ticket. Good news however for users Transilien (train network in the Île-de-France), the Thalys and Eurostar.Traffic on these lines is normal according to SNCF.

"There is no point in penalizing travelers"

The strike controller led Thursday the cancellation of all trains at night, and created a big mess all over the country. According to the station, all passengers stranded at the station in the evening were able to reach their destination or were assisted to find accommodation for the night. According to the Ministry of the Interior, it was not necessary to set up emergency housing plan.
Board trains at the Gare Saint-Charles in Marseille. Photo credits: GERARD JULIEN / AFP

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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MEDEF decided this year to honor the mini-Hortensys company, founded by twelve high school students currently in third class DP3 (with an optional "discovery work" of three hours per week) in college Albert Camus Jarville ( Meurthe-et-Moselle). Their project: the design, manufacture and marketing of a "slug catcher" ecological and aesthetic. The idea from a simple observation: the products used to combat pests in gardens are often polluting and very expensive. They created a "slug catcher" both economic and environmentally friendly.Hortensys-name is entirely appropriate to their business, since Hortensys is the Latin name of the slug-was presented at the show Codice national price, which rewards the best mini-company financial management and commercial . They also support a strong network of distribution including department stores and Auchan Intermarché of Greater Nancy.

"The mini-company can introduce young – 14 to 20 years – in economic life and particularly in business creation," said a representative of the EPA Lorraine. This is a great opportunity for students to learn to be autonomous and to project into the future. Hortensys end of the 2008/2009 promotion will continue to operate as an association to the majority of its young creators.Small budding entrepreneurs are more motivated than ever, they have diversified their business with an ingenious system for three-time scare-moles without harming them-lawns. A project they will carry when they found the money.

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John Paul Herteman. Of course, there was a negotiation. But ultimately, we do not change a winning team. Our relationship Boeing and customers is more than thirties. In 1983, we completed the first repowering of B 737 with CFM-56 engine for the company SouthWest. We were single engine. Our reactor brought gain Fuel Consumption 20% very strong improved reliability, factor 10 in terms rate breakdowns factor 2-3 on lifespan engine. It was a technological leap and quality.

In 1996, we completed the second repowering of B 737 with a more advanced version of the CFM-56, still single source.In total, we produced 15,000 engines to equip the B 737, the aircraft most commercialized in the world. Not surprisingly, Boeing wanted to play the card of the continuity of this success with our LEAP which also provides technological leap and quality.

What was cost Development this new engine?

He will represent the order of 1 billion euros for Safran and GE both for our partner for all three applications C919, A320 and B737 NEO NE.

Posed market B 737 BN for Safran?

Can be considered a potential 20,000 engines Leap for 3 applications over a period of 10 to 15 years.With after-sales, this represents a turnover approaching $ 100 billion over 30 years at CFM International, 50% for Safran payday loans.

This success puts the Leap into a market position as strong as the one we have today with the CFM-56 on medium haul, with nearly 60% of Airbus, Boeing 100%. Added to this is 100% of future Chinese developed by Comac C919. It's not that common to see an industrial renew a best-seller retaining all of its market positions over a period of 30 years.

The B 737 is more "short legs" than the A 320 NEO. Do you need to adapt the Leap specifically for Boeing?

Yes.The product will be suitable for the B 737 is actually smaller than the A 320 at the landing gear, as is the case with the current CFM, 50% of the parts are common, however, between Airbus and Boeing .

When will it certified?

Depending on the engine versions from mid-2015 and early 2016.

The Leap has over 1300 orders and the potential is enormous. Are you able to produce in a timely manner to accommodate your delivery commitments?

We anticipated investing to produce more. We still have tens of millions of euros to commit to follow the rate increases that will soon Airbus A 320 to 40 per month and those of Boeing. We will also need to build a new plant adapted to new technologies of composite blades.

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The Nikkei in Tokyo Stock Exchange is 0.58% at 8677.94 points, the Hang Seng in Hong Kong gained 0.56% to 19,596.30 points and the Shanghai CSI 300 rose 0.69% to 2796.99 points.

On the other Asian financial centers, the increase is much greater: the Taiwan TAIEX climbed 2.24% to 7476.41 points, the Kospi index in Seoul wins up 3.22% to 1765.76 points, S & P / ASX 200 gained 1.63% to 4148.80 points.Only the Bombay Stock Exchange fell slightly from 0.31% to 16,291 points.

Oil prices were careful Tuesday morning during electronic trading in Asia, in a market sensitive to developments in Libya, oil-producing country, where the rebels claim victory, while supporters of the regime say they are still in control. In morning trading, a barrel of Brent North Sea crude for October delivery fell by 2 cents to 108.34 dollars, after losing 18 cents in early trade. A barrel of "light sweet crude" for delivery in October gained 27 cents 84.69 dollars.

Gold crossed for the first time in its history on Tuesday morning a new record of more than 1,900 dollars per ounce during trading in Hong Kong. The ounce of gold was worth 1914.50 / 1915.50 dollars, after opening at 1.898/1.899 dollars.The yellow metal continues to grow for several days, attracting investors worried about the health of the global economy, the debt crisis in the euro area and geopolitical uncertainties in the Arab world.