Nov 27




We already knew: the end of July with the recruitment of the Argentine Javier Pastore, 42 million euros, PSG beat this year's record for the most important transfer window of the history of Ligue 1. More than 80 million euros on the table to secure the services of Kevin Gameiro, Blaise Matuidi or Mohamed Sissoko, in addition to the Argentine star.

But these numbers make you dizzy do not stop there. According to information from Parisiende this Friday, players Parisians would also take the upper hand with regard to wages. If this is the side of the Canebière found the most important emoluments (midfielder Lucho Gonzalez for 360,000 euros gross per month), 11 players received wages in the capital to more than 200,000 euros according to the daily gross , 9 against Olympique de Marseille.Among the better-off PSG, there is the Brazilian Nene, with 335,000 euros a month, the Uruguayan Diego Lugano (330 000 euros per month) and Mamadou Sakho and Mohamed Sissoko with 320,000 euros each. Marseille side, only Andre-Pierre Gignac and Alou Diarra reach 300,000 euros gross, behind Lucho Gonzalez.

Result of what the newspaper called the effect Qatar "for the first time in many years, the Paris payroll exceeds that of the OM, yet most consistent club in its results in recent seasons." Last season the two teams were still tied, with 60% of their budget going to pay their players, according to the site salairede.com.

The biggest salary in the stands

Not really surprising, when Qatar Sports Investments, the buyer in June 70% of the Parisian club is known for his ability to put their hands in the pocket.

Nov 26




The nuclear power, which is in France more than 75% of the total electricity production, it is the lung of the domestic industry? A total industrial consumption in the Hexagon is approximately 140 terawatt hours (TWh), representing a third of the total electricity consumption. It covers 30,000 companies – including 600 "electro-intensive" – ​​which employ 3 million workers and generates a turnover of 900 billion euros.

In addition to these large volumes, nuclear power is distinguished by its long prices. "In late 1980, Pechiney had wanted to relocate its operations in Canada, where hydroelectric power is a considerable asset.The group ended up staying in France because that EDF was able to make a competitive offer-cons based on the competitive cost of nuclear electricity, "recalls Colette Lewiner, director of international energy and utilities sector at Capgemini payday loan lenders.

Specifically, in its latest "Observatory of European energy markets," Capgemini shows that the electricity in France remains one of the cheapest in Europe. "But to the industrial, the argument prices is not the only criterion. They also want the visibility, the gold price of nuclear electricity are distinguished by their predictability: they are much less sensitive to changes in the price of electricity produced from fossil fuels such as gas or oil, Jean-Jacques Nieuviaert note, Councillor in charge of the overall economy and markets to the French Union of Electricity (UFE).

Nov 8




The atmosphere is gloomy in the Paris Stock Exchange on Monday morning. The CAC 40 lost 1.74% to 3069.70 points. The debt crisis in the euro zone continues to focus the attention of international markets, including Italy, whose financial situation was at the heart of the G20 discussions. Last night, the two main political parties in Greece have announced an agreement to form a national unity government which will not attend the current Prime Minister George Papandreou. An agreement aimed at ending the political crisis that shook the country on a background of project, aborted referendum on the European Support concluded October 27.

The new government should be made official today, before the meeting of Ministers of the euro area to be held from 16 hours in Brussels to discuss the strengthening of the European support fund (EFSF).

In France, Prime Minister Francois Fillon on Monday will unveil a second multi-year austerity plan. New measures could include an accelerated implementation of pension reform.

Oil markets, a barrel of "light sweet crude" rose 24 cents to 94.50 dollars in early electronic trading. The price of Brent North Sea on the other hand wins $ 1.31 to 113.28 dollars. The euro remains fragile: the euro is worth 1.3757 dollars against 1.3788 dollars on Friday night.

Oct 20




29.9 billion euros. This is the minimum cost per year, calculated by the Institute of the company, the sixteen main proposals of the socialist program and François Hollande for the presidency in 2012.

Measures François Hollande

The Institute has calculated the company eight measures developed by the Socialist candidate in the primary. First, the creation of 12,000 teaching positions per year, or 60,000 on the five-year term. This would cost 360 million euros per year, cumulative $ 1.8 billion in 2017. "These new posts create an implicit debt to the State, which undertakes to pay the pensions of these agents when they reach retirement age," says the Institute. The rating is saltier contracts for generation, exempting charges for three years as a young recruit companies while maintaining a senior job.This measure, the five-year cumulative, burden on public finances from 30.5 to 33 billion.

Another strong measure: the extension of the RSA under 25 years of activity without preconditions. The Enterprise Institute estimates that 120,000 to 200,000 young people could be affected, which would represent an annual cost of 528 to 876,000,000. With "a serious risk of imprisonment in a youth inactivity trap and a significant risk of fraud", the RSA representative "70% of the money diverted to family allowance." The Institute also estimated the cost of the massive development of renewable energy and reducing from 75 to 50% of the nuclear power generation by 2025. The bill? 10.9 billion a year.If this effort can reduce French imports of energy, it will be "on the other hand a negative effect on the purchasing power of households, through the rising cost of energy bills," warns the IDE.

The measures of the Socialist Party

Winner of the primary, Francois Hollande has not yet specified what action the program he intended to resume the PS paperless payday loans. The Institute has calculated the company in the main. The establishment of a public early childhood, a key measure of the project would cost between 4.5 and 5 billion per year. Half the budget of the justice! The bulk of the bill would come from the creation of 360,000 childcare places (3.8 billion per year … just by operating costs), welcoming children from 2 years to kindergarten cost him, by 720 million year.Much controversy as the assistant accused of favoring the creation of a study allowance for trainees is paradoxically less expensive. The Institute's $ 1.3 billion per year. The reason? This new allowance would replace other aid, and especially young people concerned only with limited resources. The bill would particularly high, however (9.6 billion per year), if the allowance was extended to all students, warns the Institute.

In a more traditional vein, the PS promotes the appreciation of the disabled adult allowance (AAH) and better care for older people, through the personal autonomy allowance (APA).According to the Institute, which takes the hypothesis of a revaluation of these allowances by 20% over five years, the AAH would cost $ 1.7 to $ 1.9 billion a year more, and the APA, 1, 5-2100000000.

Cell quantification of presidential projects, implemented by the Institute of the company, will now address the evaluation of the revenue side of the PS program. The question is whether Francois Hollande planned 30 billion of resources to balance its balance sheet. Last outstanding issue: the institute did not look back on the pension reform, suggested by the PS but never clearly put on the table by François Hollande. If this were the case, the encryption would rise much faster.

"DOCUMENT – The costing of proposals of the socialist project

Sep 29




The U.S. stock markets fro in the red on Wednesday. The Dow Jones was down 0.94% to 11,083 points in early trade and the Nasdaq by 1.39% to 2511 points. Tuesday on Wall Street, the Dow Jones gained 1.33% and the Nasdaq 1.20%. The New York Stock Exchange and had lined up a third session in the green row.

Fears about the strength of global growth is also back in force. Economist Nouriel Roubini known to have foreseen the financial crisis of 2008 before anyone else, believes that the United States and most advanced economies are already in recession.

Wall Street keeps his eyes riveted on the crisis in public finances in Europe and particularly Greece. In recent days, world stock markets are won by a wave of optimism about the ability of Europeans to stop the debt crisis.Europeans should take measures to stabilize Greece and the banking sector. Strengthening the emergency fund indebted countries (EFSF) was particularly mentioned. German Chancellor Angela Merkel said Wednesday await the outcome of the audit conducted by the troika of creditors of Greece on its financial statement, to determine whether or not to renegotiate the terms of the second aid plan in the country decided to July 21.

At the same time, the rigor required around among the major economies of the world. After Greece, Ireland, Portugal, Spain and Italy, it was the turn of France to deliver a message of rigor. On Wednesday, the Council of Ministers, France also will formalize its budget to reduce public deficits and contain the debt.The stated objective is to respect the European Treaties and convince the markets.

Among the macroeconomic indicators of the day across the Atlantic, are particularly durable goods orders in August in the United States. They fell by 0.1% in August, while the market was waiting for the same, due to a decline in demand for motor vehicles, according to figures released Wednesday by the Commerce Department. The traditional weekly inventory of crude oil will be announced at 16:30.

As for the oil market, has opened a barrel, down 92 cents in New York at 83.53 dollars a barrel. A barrel of Brent North Sea crude for November delivery gave 96 cents to 106.18 dollars.The previous day, oil had spread over 4 dollars in New York.

Values ​​to follow

Among the values ​​to follow, the company management consulting, technology services and outsourcing, Accenture (4.19% to 55.90 dollars), reported fourth quarter earnings per share of $ 0.91 against $ 0.90 expected and 0.66 dollar last year. Revenues jumped 23% to $ 6.7 billion. New orders reached a record $ 8.4 billion. The Board of Directors has increased its semi-annual dividend 50% to 0.675 dollar and allowed five billion additional share repurchases.For the year 2011/12, the group provides an annual EPS of 3.80 to 3.88 dollars, a growth in turnover of 7% to 10% and order intake in the range of from 28 to 31 billion.

Amazon (3.34% to 231.92 dollars) Wednesday to unveil its multimedia tablet Kindle Fire, highly anticipated, which could by its attractive price to become the first serious competitor to the Apple iPad.Analysts expect the shelf of Amazon is marketed around $ 250, almost two times cheaper than the iPad, sold from $ 499.

Family Dollar Stores (0.31% to 541.01 dollars), posted Wednesday for its fiscal fourth quarter earnings rose to $ 79.8 million (66 cents per share) against 73.9 million (56 cents per share) a year earlier.

For its part, Google (0.43% to 541.71 dollars) will invest $ 200 million in the construction of three data centers in Asia in Singapore, Taiwan and Hong Kong.

Sandridge Energy (0.31% to 6.51 dollars) sold its natural gas fields in Texas, in the counties of Gregg, Harrison, Rusk and Panola to NFR Energy LLC for $ 231 million.Sandridge should reinvest the money in its program of drilling for oil.

Also note, the brand new 787 Dreamliner airplane from Boeing (1.43% to 63.68 dollars) landed Wednesday morning at the airport in Tokyo.

Sep 24




Wall Street has long hesitated on Friday, in the footsteps of European markets. Following his strong fall, the Dow Jones has assembled laboriously 0.35% to 10,771 points at closing. Nasdaq and S & P back however the slope more sharply with increases of 1.12% to 0.60% and 2483 points to 1136 points.

Investors take note of the willingness of finance ministers and central bankers of the twenty leading economies, meeting in Washington last Thursday, to provide "a strong and coordinated international response" to the crisis. In a joint statement, they agreed to ensure that "banks have adequate capital" and promised to provide "the necessary liquidity" to financial institutions.But "the real decisions are referred to the Summit of Heads of State and Government to be held in Cannes, November 3 and 4, 'the specialists Aurel BGC.

To a stability fund in Europe more flexible

The Perfect Storm, the large emerging group of "Bric" also expressed "determination to accelerate structural reforms to sustain strong growth." Brazil, Russia, India and China but also South Africa so consider "if necessary, to provide support through the IMF or other international financial institutions, to address the current challenges facing the global financial stability, according to the circumstances of each country. "The inventor of the BRIC, Jim O'Neill, chairman of Goldman Sachs Asset Management, said however that emerging markets are likely to require at least, in exchange for their support, greater clarity on how the Europe has to solve its crisis.

Precisely in response to a request from seven countries of the G20 addressed to Nicolas Sarkozy, the countries of the euro area have pledged to implement "necessary measures to increase the flexibility of the European Financial Stability Fund (EFSF)" to to avoid contagion from the crisis in Greece. Yesterday, the possibility of a defect in Athens, though long ruled by EU leaders, was raised by Klaas Knot, Member of the Board of Governors of the European Central Bank (ECB)."This is one of the scenarios," he told the Dutch newspaper Het Financieele Dagblad business cards.

Growth of world trade declined Another concern: the specter of a global recession was reinforced by the World Trade Organization (WTO) has revised downwards its forecast for this Friday trade growth for 2011, s 'expecting a growth of world trade by 5.8% against 6.5% forecast so far, according to its website internet.Sur the foreign exchange market, the euro climbed slightly against the U.S. dollar: it advances the Friday from 0.57% to 1.3533 dollar. Oil prices have them, continued to slump, unable to bounce back after the collapse of the previous day as markets increasingly anxious in facing the risk of renewed recession in the U.S. and Europe.On the New York Mercantile Exchange (Nymex), a barrel of "light sweet crude" for November delivery ended at 79.85 dollars, down 66 cents from the forward veille.Valeurs

The side of values, after the close of the NYSE Hewlett-Packard announced the replacement of Leo Apotheker as CEO from Meg Whitman, confirming the many rumors that had circulated in recent days.

At Advanced Micro Devices (AMD) is Rick Bergman Devices, responsible for products, who announced his resignation. The CEO will temporarily Rory Read office.

Covidien raised its quarterly dividend 12.5% ​​to 0.225 dollar per share.And, for its part McDonald's has increased its 15% to $ 0.7 per share.

In order to treat its shareholders well, Raytheon has authorized a stock repurchase plan of $ 2 billion.

The American manufacturer of sporting Nike has exceeded market expectations by posting yesterday after the close of U.S. markets net income for the first quarter of fiscal year up 15% to $ 645 million, driven by its Sales in North America and in emerging countries. Revenues rose 11% to $ 6.1 billion.Orders scheduled for delivery between September 2011 and January 2012 were up 16% to $ 8.5 billion.

On the occasion of a major overhaul of its website, Facebooks'est services associated with music, news and video, including Spotify, Deezer and Dailymotion, and challenge from Apple in the content.

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Sep 22




The numbers are chilling. Since the crisis began in 2009, the number of people who have committed suicide has doubled in Greece, according to figures from the Ministry of Health echoed by the Wall Street Journal. The first five months of the year, there were even 40% of suicides and more over the same period last year. These figures are especially impressive that according to the Greek statistical authorities, the suicide rate in Greece was among the lowest in the EU between 1990 and 2009.

Unemployment, inability to repay its debts are as many explanations for these gestures of despair paydayloans. According to figures from National Bank of Greece, the unemployment rate has doubled over two years, more than 16%. "This is the illustration that rigor is not the solution to revive Greece, says Céline Antonin, an economist at the French Office of Economic Conditions.Rigor leads to recession and the social crisis. Asphyxiant in households (higher taxes, lower wages …), the country will lose an engine to boost growth. "
A general transport strike was called on Thursday in Athens. "The Greek airport is not for sale" it said.

Sep 21




"Il Cavaliere" did not like to see the note in his country degraded by Standard & Poor's. "The ratings of Standard & Poor's seem more driven by stories in the newspapers as the reality and they seem to have been negatively influenced by political considerations," said Silvio Berlusconi in a statement. The Italian prime minister said that the country has already approved measures to balance its budget in 2013 and Italy in adopting new ones to stimulate growth. The austerity plan of 54.2 billion euros adopted on September 14 does not seem to have convinced the rating agency which doubted the credibility of the government and the Italian president.

Without having published a press release responding directly to the attack of the Italian President, Standard & Poor's is fighting back."The sovereign ratings by S & P ratings are apolitical, based on the evolution of" credit risk, provided to investors, "says one in the U easy to get unsecured personal loans.S. rating agency.

Moody's and soon …

S & P also ensures that its assessment is based on "independent analysis and detailed economic and fiscal outlook in Italy and on assumptions about the expected evolution of the debt.""The ratings indicate how the various policy initiatives may impact on the financial reliability and to hear any suggestions on policies that a government should or should not continue," said the rating agency.

Entangled in new revelations about his private life, Silvio Berlusconi is aware that the decision of S & P is a blow to the country, as Moody's may degrade the note of Italy in October that had never been lowered since the beginning of the debt crisis.

Player Figaro BFM

Sep 16




The Paris Bourse finally returns to the threshold of 3000 points. On Thursday, the CAC 40 closed up on 3.27% to 3045.62 points. Other European markets follow the same path: Milan ended up 3.56%, 2.11% from London, Frankfurt and Madrid from 3.15% to 3.63%. Wall Street was also in the green fence at the time in Europe.

Investors seem reassured by the willingness of European leaders to develop concrete actions to leave the eurozone its difficulties. Among them is the establishment of an agreement in principle to toughen the Stability Pact and fiscal discipline common in the EU, which provides for sanctions for countries that would leave too lax spinning their deficits. Another reassuring element: the willingness of German and French leaders to avoid an out of Greece in the euro area and the Greek government's determination to break the budget impasse.

Brazil and Russia have also said they were considering a support action. While international solidarity is organized to support Europe, Christine Lagarde since Washington recalled the need for world leaders to "common front" to avoid falling into a global recession will spare "person business card."

These statements on the euro area, combined with bargain hunting, did overshadow the release of mixed U.S. indicators (including the employment front) and European (growth on less-than-expected expected in the second half).

Side values, the banking sector was further illustrated by a sharp rise. Operators have particularly appreciated the decision taken by the central banks of the richest countries to take concerted action to expand the supply of banks in dollars.BNP Paribas is the largest increase in the ACC (13.38% to 30.50 euros). It is followed by Natixis (7.12% to 2.49 euros), Axa (6.49% to 9.89 euros), Credit Agricole (5.89% to 5.52 euros) and Societe Generale ( 5.44% to 18.33 euros). The area was not affected by the announcement of the massive fraud that hit UBS.

Another day value, LVMH, which climbed 3.44% to 115.65 euros after announcing choosing Jordi Constans, come to Danone, to succeed Yves Carcelle at the head of Louis Vuitton in 2013.

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"SPECIAL – crisis: the fear of debt

Sep 6




Deezer has won a round in the standoff between the site of listening to music online in the first world producer of music, Universal Music. For several months, Deezer available on their website from the stable of artists Universal, Lady Gaga, Justin Bieber, … Rihanna – without renewing his contract with the record company. The reason? Anxious to push users to pay for music, Universal Music wants to listen to a repeat title is limited to five, beyond what digital music lovers will have to pay. Stress too important to Deezer, which peaked in June, listening to music on the overall site to five hours per month.

Failing agreement, Universal Music France has turned to justice. For the subsidiary of Vivendi, Deezer is guilty of infringement. On Monday, the judge of the Tribunal de Grande Instance of Paris has decided otherwise and dismissed Universal.For justice, Deezer has "sufficiently established in the interim stage the possibility that the company Universal Music France has committed an abuse of dominant position which has the effect of depriving the bans based on the copyright it claims ". Thus, the court allows Deezer, which Orange is a shareholder at 11%, to continue to operate free catalog of Staff … "In conditions that were not accepted by Universal," Vivendi's subsidiary storm, with Deezer attack now on the bottom.

Find a deal

"This decision clearly express the idea that we have several models on the French market for it to grow, said Axel Dauchez his part, Director General of Deezer. Furthermore, it can not be any different solutions for each producer. "Satisfied with the decision of the court, he readily admits that the Universal catalog is "essential to the existence of Deezer" and he'll have to reach an agreement. A fortiori Deezer while preparing its international expansion. In 2012, France could be less than half the income of the start-up. It opened an office in England and is expected to announce the launch of its service in the coming days. The French experience is not foreign. In addition to tickets sold in packages Orange (1.1 million), claiming in effect Deezer 100,000 subscriptions sold directly from that listening is limited to 5 hours per month. "With success, it is logical that we seek to replicate it abroad," said Axel Dauchez.

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