Jul 18 2014

Global markets affected by the crash in Ukraine

Tag: events, features, money, online, publicationsadmin @ 2:44 am

The crash of an airliner in malaisien1 Ukraine2, which could have been shot, shook the western markets and fall titles airlines Exchange Thursday as investors feared the impact of the disaster on the economy mondiale.A Wall Street3 where indices nosedived after the announcement of the crash, the Dow Jones4 abandoned around 18:00 GMT 0.42%, 0.81% and the Nasdaq5 the broader S & P 500 0.60%. European shares have also been hit hard by these uncertainties and ended sharply lower: the Paris market ended down 1.21%, in Frankfurt, the DAX index fell 1.07% and the Stock Exchange London dropped 0.68%. Asian stock markets were still closed at the time.The foreign exchange market remained relatively stable in the evolving euro6 dollar7 1.3523 after falling to 1.3517 at 2:55 p.m. GMT dollar, a new low in a month, 1.3524 against dollar on Wednesday to 9:00 p.m. GMT.L ' euro evolves its lowest against the Japanese yen, a value considered as "safe haven" by traders from février.Du side pétrole8, New York crude (WTI) for August delivery climbed almost $ 2 and Brent the North Sea to London has appreciated by 0.73% to 107.91 dollars.L ounce of OR9 has appreciated and ended at $ 1,302.50 at auction evening in London, against 1,301 dollars Wednesday . U.S. bond market, where operators take refuge in times of uncertainty left his side sharply higher. The yield on 10-year Treasury fell to 2.467% against 2.538% Wednesday, and the 30-year to 3.287% against 3.348% veille.Signe the nervousness in the market, the VIX index, called "index fear "soared 15.45% reading at its highest levels of the dangerous semaine.Plus for markets that sanctionsLes markets have suddenly lost ground to 1530 GMT as investors have learned that a plane Line Malaysian Amsterdam left for Kuala Lumpur crashed in the Donetsk region in eastern Ukraine guaranteed cash advance. "It is frankly very bad news, rather than Western sanctions announced" Wednesday night responded Gregori Volokhine of Meeschaert Financial services. "It calls into question the safety of air routes in this region of the world and in other regions", as in the Middle East, continued Gregori Volokhine. However, "air traffic is very important for the economy." What worries the most, as portfolio manager, "is that this is not an accident but a downed aircraft is going to ask questions that had never been asked previously. Risk stray bullets "on airliners. "This is unsettling for travelers and investors," he has estimé.Secteur global air in baisseDes both sides of the Atlantic, particularly information on the aviation sector weighed American Airlines10 fell by 2.52% at $ 42.38, Delta Airlines yielded 1.95% to 37.13 dollars, United Continental 2.03% at $ 42.99. The aircraft manufacturer Boeing11 limited the damage and let go only 0.30% to 127.04 dollars.L German Lufthansa12 giant European airline, which announced after the close of trading on Thursday that decided to bypass "substantially" space Ukrainian air, closed down 2.37% to 14.61 euros on Euronext Paris Francfort.A Air France13-KLM fell by 1.45% to 8.77 euros. At the London Stock Exchange, International Consolidated Airlines Group, parent company of British Airways and Spanish carrier Iberia, fell 3.02% to 330.70 pence and easyJet 1.18% to 1,341 pence.


Apr 17 2014

Nuclear: ASN wants new powers

Tag: economics, economy, online, resources, top newsadmin @ 8:28 am

 Despite

nuclear situation in France considered "satisfactory overall in 2013," Pierre-Franck Chevet1, president of the Nuclear Safety Authority says negative points.

Two difficulties are attributable to Areva2. The first is "related to the storage of waste on the former site of La Hague packaged in concrete silos." This is not the most technical tip: these compounds should be stored in "stable containers," says Pierre-Franck Chevet. These waste produced by the unit reprocessing spent fuel UP2-400 arrested for eleven years, have been the subject of recommendations in 2011. But the cost of operations deemed "priority" by ASN3, is € 2.5 billion at the expense of Areva. Faced with this amount, it is understandable that the discussions drag on, for an operation that will spread until 2030

. In addition, site fuel fabrication FBFC Areva in Romans-sur-Isère, was placed "under enhanced vigilance." After handling errors on small bottles of fissile material in 2012, "repeated problems and recurring security" have been identified. Areva proposed April 10 ASN to launch "an action plan reinforced."

In addition, while the EDF's nuclear fleet is subject to a satisfecit global4 three plants (Civaux, Chinon and Bugey) are less well noted. After a detailed inspection in October 2013, ASN inspectors noted that Civaux was "withdrawal on compliance and implementation of basic safety principles" and noted "significant differences in respect of environmental regulations. "

These examples illustrate that the ASN requests the State the right to impose on operators' new sanctions, "" daily fines "c that is to say fines. So far, the authority has "the right to close a nuclear plant in case of danger or transmit a report violations to justice," says Pierre-Franck Chevet, who regrets not having sanction intermediate between these two extremes. It hopes that this law is integrated bill on energy transition and suggests the reform of the financing of the ASN, using "direct contribution of large farmers." This increase expected budget, € 50 million per year, together with the IRSN (Institute for Radiological Protection and Nuclear Safety), could help the ASN to fill expanding roles, such as radiology equipment control . Harmonize rules

In the longer term, the ASN must review the plan called "refit" of EDF's nuclear fleet, estimated at 55 billion euros for the extension of the life of plants. To allow reactors to operate beyond 41 to 45 years of service, Pierre-Franck Chevet expects "an appointment particularly complex. For reactors will implement safety features like those of the EPR. " ASN will deliver its final opinion on the matter in 2018

. In the event of a major nuclear accident in Europe, which could affect several countries, ASN would harmonize rules for the protection of populations. Despite the Chernobyl disaster in 1986, levels of intervention are specific to each country. The first discharge thresholds are for example two times lower in France than in Germany. And everyone would have the right to stable iodine tablets in France in a 100 km radius around the accident site, while in addition the Rhine distribution only concern first the age of 18 and speakers. women


Apr 06 2014

 Charlie Hebdo offers reduced in past cities right and the extreme right prices

Tag: economic, features, publications, resources, technologyadmin @ 8:04 am

 A

"special offer post election hangover wood." Charlie Hebdo1 offers until April 8 subscriptions at reduced rates for the past right or the extreme right in the last municipal elections cities. "Your city is moving to the right or the far right? You do not plan to move? Charlie supports you in this event, we offer you the discounted rate for all contracts taken until Tuesday, April 8 included, "says the description of the subscription.

Subscription for 6 months and from 55 to 45 euros; than a year from 96 to 76 euros and that of two years from 185 to 146 euros. In addition, "you receive a gift and save up to 54% of the cover price. What could be better? "The newspaper added. The Offer is made all the inhabitants of the past right and the extreme right cities, "young, old, military, unemployed, prisoners, retired, non-taxable, invalid, or you subscribe someone who the is ".

…… Special Offer "Hangover post election wood!" http://t.co/W14iEQnCt12 pic instant payday loan.twitter.com/R0eVDPQfui3

– Charlie Hebdo (@ Charlie_Hebdo_) April 2, 20144

So without marketing or real militant act? "This is a militant act," replied Charlie Hebdo. "We did this also to laugh, to lighten the mood." And the satirical newspaper, marked left, is not his first attempt. Already in 2011, the a "Sharia Hebdo5" was controversial and the newspaper was the target of arson. "We have already launched promotional offers of this type," says the satirical weekly.

And the financial impact is not necessarily strong. "We have not noticed an increase in our subscriptions up this offer," says Charlie Hebdo. If "people take it as a joke," offer different prices depending on the location of the subscription is illegal. "In legal terms, this is discriminatory," says Delphine Meillet, a lawyer at the Paris Bar .. "Legally, there is the matter, but the damage will not look very far," she adds.


Mar 28 2014

Blackberry has lost nearly $ 6 billion in 2013

Tag: business, economic, news, travel, worldadmin @ 6:04 pm

BlackBerry has reported a net loss of $ 423 million in the last quarter of fiscal year 2014, a total loss of 12 months significantly inground 5.9 billion, with sales still falling libre.La loss Quarterly compares with a profit of $ 93 million for the last three months of fiscal 2013 (December 2012 – February 2013) need a personal loan with bad credit. For all of fiscal year 2013, the smartphone manufacturer had suffered a loss of 646 million dollars.LIRE ALSO: "BlackBerry still believes in strong smartphones clavier1


Mar 19 2014

"Greenpeace activists did not penetrate into sensitive areas Fessenheim"

Tag: finance, international, opinions, special, traveladmin @ 5:40 am

 

LE FIGARO. – An EDF nuclear power plant has been the subject of a new intrusion. Does not fit too easily be in your facility? Philippe

Sasseigne. – The answer is no. Our concerns about safety and security are constant, supported within the framework of our own nuclear detection systems which are added specialized police squads. In today's episode, our detection systems have warned us of a real-time intrusion, which was then allowed police to intervene in an appropriate way. I stress, and it is important that activists Greenpeace1 have entered at any time in areas sensitive to the Fessenheim.

Can you imagine a system of protection that is completely sealed infrastructure?

It depends what you are talking. Should implement walls 20 meters high all around nuclear power plants? Or install barriers that instantly annihilate lethal intrusion? In this case, imagination has no limits. We prefer the current system which is both fast protection, trained and specialized cash advance loan. The gendarmes interpose smoothly when they are able to do so. Meanwhile, we seek to constantly optimize our operation. Each year, some 200 million euros are devoted to the protection of EDF nuclear power plants and a program of € 700 million is expected over the coming years. We have nothing against the media activities of a particular organization. However, we formally dispute any illegal operation like the one that occurred at Fessenheim.

Will there be one day a fatal accident during an intrusion type of Greenpeace?

Can not exclude it. Those who smuggle in a nuclear power plant to take risks and the risk to others. At Fessenheim today, there were only minor injuries but no scenario should not be dismissed. We are under the violation of private property, it is an extremely reprehensible and we would like it to be more suppressed by the court.


Feb 19 2014

Brewers commit to hiring in exchange for a tax moratorium

Tag: economy, international, news, opinions, specialadmin @ 6:56 am

 

Faced with a collapse in consumption bière1 the French brewers challenge the government. "We ask a tax moratorium, Philippe Vasseur, President of Brewers France, which represents the brewing profession. We hope that the beer is not discriminated as it is "In exchange for fiscal stability, the French brewers -. Who fear being subjected to new taxes – offer the state a" pact of responsibility. " A response to the one presented last month by François Hollande2 at businesses.

"Mr. President of the Republic, we Brewers France 3, the strength of our role as facilitators of a rich stream of 65,000 jobs, have chosen to take this opportunity to participate more actively in productive recovery of France," write they. It is urgent, according to them, for the sector.  

The increase of 160% a year in taxes on beer in the framework of the law on the financing of Social Security boosting the value price of 14% and weighed on sales. Consumption decreased by 3%, with double-digit decline in cafes, hotels and restaurants. In supermarkets, while volumes declined slightly (-0.4%), sales rose by 16.2% to € 2.3 billion, according to IRI data reported by LSA. It was boosted by both the price and the upscale market that has benefited specialty beers (Leffe, Affligem, Grimbergen) and special lagers (Heineken, 1664).

Create a label

Faced with this situation, brewers are willing to make three commitments, provided that the state does not decide new levies cash advance to savings account. Brewers agree first to invest 250 million euros by 2017 and employ 800 people a year, half of net job creation. "There can be no investment if there is visibility on the future of the business, says Philippe Vasseur. Given the uncertainty created by the tax increases, companies have stopped investing last year. "

They also undertake to become more involved in prevention policies. "If we took 1% excise duty on beer, this would increase the budget by INPE (National Institute for Prevention and Health Education) dedicated to the prevention of € 8,000,000" said Philippe Vasseur, who regrets that the Evin law prevents brewers "to pedagogy" on the beer consumption. Brewers France urges the authorities the opportunity to "jointly develop public health policies."

Finally, brewers are committed to creating a label, a guarantee of quality for their drinks, to be awarded by an independent body. If the blur remains around how to create this label, they want it to be associated with a degree program for brewers. Which would more credible profession, like eg diplomas oenology. "We really want to change the image of the profession, adds Philippe Vasseur, who will undertake, as every year, from next week, an operation seduction at the Salon de l'agriculture. This involves teaching and the fight against excessive BAC. This also corresponds to a upmarket image of beer. "


Feb 06 2014

The ten proposals MEDEF to support entrepreneurship

Tag: business, international, news, resources, top newsadmin @ 4:36 pm

 

MEDEF starts time entrepreneurs, and to promote their development and sustainability. "The entrepreneurship is part of the challenges," said Wednesday its president Pierre Gattaz1, which participated for the first time since its inception in the Salon des Entrepreneurs in Paris. For the occasion the employers' organization presented "10 recommendations for entrepreneurship" to support the entrepreneurs who, for 90% of them have no employee.

The boss of bosses means including "support entrepreneurs." This is the ecosystem Medef2, ie 750,000 members, 110 MEDEF territorial and 80 professional federations adherent, which must be mobilized. A "welcome pack" will thus be experienced with a contribution of one euro for a year to any entrepreneur who has just set up its structure. "Every entrepreneur should know that the MEDEF and territorial professional associations are available to them for advice," says Thibault Lanxade3, vice president of MEDEF.

Promote micro-credit

Another initiative that aims landmark, MEDEF intends to place the foot in the stirrup entrepreneurs by allowing them, for example, get their "first order". An approach that requires a better ranking of these small structures with purchases of major groups and SMEs services. In the same spirit to build sustainable business models, MEDEF will launch by the end of the year an awareness of its members to crowdfunding, ie the participatif4 funding. "Promoting entrepreneurship without favoring funding does not make sense. We will support the crowdfunding in the current banking environment, "says Pierre Gattaz.

The employers' organization finally wants swarm entrepreneurship through all layers of society. It will therefore promote initiatives in sensitive urban areas (ZUPs) youth under 30 years, thanks to a partnership with PACE (Agency for entrepreneurship) and conduct an experiment with the Ministry of Defence to accompany the conversion of twenty soldiers.


Jan 29 2014

Real estate: prices are overvalued by 15% in France

Tag: events, features, finance, publications, resourcesadmin @ 1:52 pm

 

Even if prices fall immobilier1 since 2012, they are still overvalued by 15%, according to a study by Credit Agricole. "The prices have so far fallen slightly (-2.1% in 2012 and -2.5% in 2013) and 155% cumulative since 1998 was only partially offset by lower credit rates , lengthening the loan term and increases in income, "explains Olivier Eluère, an economist at Credit Agricole and author of the study. The market is however assagi2 slightly compared to 2008, when prices were overvalued by 25% then, by Crédit Agricole. The credit rate is higher then borrow more weighed on household income.

This year, the market should still idle. Crédit Agricole expects a decline of 4% of transactions in the former and stability in the new. "The negative factors are present, but they should not increase. The economy is recovering very slowly, "said Olivier Eluère. The new tax regime for capital gains including an exceptional reduction of 25% for one year, could also "a bit thin market", with a increase in new home sales and rental investment.

The mortgage rates will gradually rise

But rates immobiliers3 credits should just go back to little in the wake of the 10-year OAT could reach 3% by year end. If this scenario is confirmed, the lower prices of existing homes is expected to reach 4% (yoy). "This would represent a cumulative decline of 7% to 8% between late 2011 and late 2014," says the study.

"The evolution of credit rates will be critical habitat for the property market in 2014," Olivier Eluère advance. "If bond yields went up significantly and if this movement was then reflected in lending rates, the market correction could be significant," he says.

Anyway, as in 2013, secondo buyers, ie households who buy and sell their primary residence, the majority remain in the property market this year. "The weight of" first-time buyers "remain low," he says.


Jan 13 2014

Energy Services: EDF GDF Suez wants to challenge

Tag: Uncategorized, economic, money, opinions, worldadmin @ 8:32 am

 

There are not only in offshore wind – with the call for tender for parks Tréport (Seine-Maritime) and the Vendée – the rivalry between EDF and GDF Suez rises today power. Another area, that of energy services, will generate a crucial battle between two giants: it covers, pell-mell, HVAC, heating networks, public lighting, electric mobility, systems integration low fee pay day loans… , with the dual horizon optimization of consumption and costs, and environmental concerns. It also refers to long-term prospects, given the needs of businesses, communities and even individuals.

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Dec 15 2013

No boost to the minimum wage for

Tag: economics, economy, news, opinions, technologyadmin @ 3:20 am

Legal Smic1 increase of 1.1% on January 1, announced Friday the Minister of Employment Michel Sapin2, without specifying whether the government was ready to give a boost supplémentaire3. However, the government argues that this statutory increase in itself a "gain purchasing power," credence to the idea that there would be no boost supplémentaire.Le minimum wage is automatically adjusted every January 1, depending on the evolution of prices. Given the rules of calculation "modernized" in place this year, and it will be increased by 1.1% in early January, confirmed the Minister of Employment Michel Sapin AFP. An increase of ten cents of gross hourly minimum wage, which will rise from 9.43 to 9.53 euros.Quelque 3 million people-13% of employees earned minimum wage in January 2013, half a million more in 2012, according to official figures. The Government may, if he wishes, give extra boost to take into account "the legitimate aspirations of employees to a redistribution of the fruits of growth when it is waiting for you," as he had explained himself there some mois.Il shall announce its decision on Monday afternoon at the meeting of the National Commission of collective bargaining (CNNC). But Michel Sapin appeared Friday prepare minds to the fact that the government was not prepared to go further. With "inflation of 0.6%," "there is a gain in purchasing power" by "the only new rules of calculation", has highlighted the ministre.Le government also on his table Annual report of the expert group on the minimum wage, responsible since 2008 to "clarify" the executive before each revalorisation.Or, the experts recommended to stick to the statutory increase. They pointed in particular the risk that an increase in the minimum wage would "ultimately be reflected by a decline in employment and the competitiveness of enterprises" in the context of lean growth and high unemployment. They also noted that the minimum wage in France was "now clearly above the levels found in other OECD countries." Last boost in July 2012 To be determined, the government promised that it "listen" also "that the social partners say." Facing employers, who did labor cost his hobbyhorse, CGT and FO have already indicated that they expected the government to "meet the expectations of employees." 1.1% increase, it means "simply an increase of ten cents" time "in a context where the purchasing power is already at half-mast," underlines FO "calls for a boost." "If we really want growth, it is necessary that households consume." The CGT request it, "a significant increase in the minimum wage" to "go to a quick end to 1,700 euros gross per month." The monthly gross wage is currently 1430.22 euros for employees to 35 hours. On January 1, the government chose to limit the legal (+0.3%) for 2013.Depuis 2007 there was only one boost the minimum wage, that decided on July 1 2012 (+0.6%) by François Hollande, the newly elected. The minimum wage was increased in total by 2%. "We are in an economic policy focused on research competitiveness through lower labor costs and the reduction of public deficits," recalls Henry Sterdyniak, the French Economic Observatory. "In this context, raising a little more than expected minimum wage might seem churlish." Still, because of low demand in France and Europe, "if indeed there were in the euro area a cooperative policy" on wages, "the priority would still increase wages and income, "said Will il.LIRE ALSO:" "In France, as soon as the minimum wage increases, jobs" is destroyed 4Merkel agrees to create a minimum wage in Germany5


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