Sundial of world news

The director of Medicare does not hide its intention, revealing new figures on excess fees, weigh on the negotiations with private doctors, which should lead to early summer. "The system just drift since its inception 30 years ago, Frederick van Roekeghem regrets. We want to sound the alarm on the need to implement structural reforms. "

Overruns (these are requested beyond the "tariff Safely" legally by doctors of "Sector 2 but poorly repaid by certain complementary health) accounted last year for 2.5 billion euros, on a total of 20.9 billion euros in fees. A proportion is similar in style singled out by the Inspectorate of Social Affairs in 2004, which argued that while a "significant increase" during the previous decade.But behind this "apparent stability", says Fred van Roekeghem lies a greater concentration.

In 1990, 16% of physicians "family" could charge excess fees. Since then, the degree requirements were introduced which prevent virtually any plant of the generalist sector 2, and only 7% of workforce is concerned. The proportion of specialists in Area 2, with her stable for the past twenty years (41% in 2010). But if she fell for clinical specialties (pediatricians, dermatologists, gastroenterologists between 32% and 40%), it flies in the operating room: 34% against 28% for anesthesiologists, 85% against 73% for surgeons.And in all these areas, the sector will expand in the next two years as junior doctors settle overwhelmingly.

Physicians increasingly "greedy"

In addition, doctors applying overruns are becoming more "gourmet" on the amounts required: 54% of the "Safely rate, on average, against 25% in 1990. Note that Medicare confirms the intuition of the French Mutuality: 4.5% of public hospital doctors allowed to perform – for 20% of their working time to the maximum – a professional activity in area 2 practice overruns higher than their liberal counterparts "pure." Supplements such resources reach 81% in surgery, against 56% in the private sector, 80% against 48% in ENT, ophthalmology, or 96%, 60% cons.

Overtaking both more frequent and higher are concentrated in certain areas – with high purchasing power – like Paris and West of the Ile-de-France, Rhône, Alsace and the Coast d'Azur.

A problem of access to care

Nevertheless. "The phenomenon empire, says Frederick van Roekeghem. It poses a problem of access to care. " The boss of Medicare does not refute the argument of doctors (surgeons in particular): they are using the overruns is that the social security system pays too little certain acts, given their cost, their difficulty, duration, or the risk that affects the amount of insurance premiums. It's good to help doctors make more money without costing too much to Medicare that the sector 2 was created in 1980 by Raymond Barre.And it's not a coincidence that the least among specialists in Sector 2 are installed cardiologists (20%) and radiologists (13%), considered very good living by simply make rates Safely.

Frederick van Roekeghem says ready to act on the question to finally allow the entry into force of the solution advocated since 2004: the "optional sector. This would be for anesthesiologists, surgeons and obstetricians Area 2 volunteers to achieve at least 30% of their actions and costs Safely, do not charge for overruns over 50% on the rest of their activity, complementary health s 'committing their part to repay the money. "This discussion will reopen. I think it's the last time, "warns the director of Medicare.

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The markets took fright on Friday night after a new European cacophony. Greece had threatened to leave the euro in discussions with the European Commission, reports the website of German magazine Der Spiegel quoted a government source in Berlin. The major European capitals have refuted this information.

"These items are a challenge, undermine the effort of Greece and the euro and serve speculative games," said the Greek finance ministry said in a statement. "We did not discuss output of Greece in the euro area, we all think it would be a stupid option," added the president of the Eurogroup Jean-Claude Juncker. "The assumption of an outflow of Greece to the euro area is completely fanciful", also assured Bercy.

Despite denials by the French, German and Greek, the single currency accelerated its decline against the dollar.Friday night shortly before 22:30, the euro lost nearly 1.4% to 1.4338 dollar. Rumor sign a new stage, and this information is disturbing. It is not surprising that the euro will weaken, "said one analyst at a U.S. bank. At the same time, the cost of insurance against a collapse of the Greek debt ("Credit default swaps, or CDS) jumped from 74 basis points to a record 1,370 basis points, according to Markit.

Meeting in Luxembourg

An emergency meeting, was held between some finance ministers from the eurozone. Jean-Claude Juncker as a German government source quoted by AFP on Saturday, it was denied solely on Greece.

"These are meetings that take place at irregular intervals, and mainly" the members of the euro area as the G20, such as France, Germany and Italy, the source said German.It argues, the discussions covered a wide variety of topics, including the regulation of financial markets, with Portugal, but also the financial situation of Greece. The Greek Finance Minister George Papaconstantinou also confirmed to have attended the meeting Friday.

A debt restructuring envisaged Greek

According to the Greek press on Saturday, new support measures have been studied. The financial daily Naftemboriki referred to the lengthening of bonds maturing this year and in 2012, leaving Greece a breather. According to another newspaper, Kathimerini, the objectives of reducing the public deficit could also be pushed back two to four years, or interest rates in exchange for an extended break of two years, during which the country does not pay interest.

Contradictory statements are troubling indeed the euro area in recent weeks about a possible debt restructuring Greek. Lars Feld, one of economic advisers to Angela Merkel, considered by example on Sunday that the restructuring is "the only way forward so that Greece is a little relieved that creditors and help to solve the Greek problem." Jean-Claude Juncker for his part assured that this option had been ruled Friday. While stating that the possibility of a new adjustment program would be discussed at the next meeting of the Eurogroup on 16 May.

The purchase marks the final small-flowered happens next June 30th. But in his interview in The Tribunevendredi, president of Yoplait Lucien Fa remains confident about its future within the group. It would even be based on General Mills, the future owner of the French brand, to expand abroad, especially in emerging countries. Said Lucien Fa are even willing to adjust the income and price to new consumers. "Dairy products are among the few categories of food products in real growth in these countries because, in addition to the taste and the health aspect, they are convenient to use and relatively cheap," said Lucien Fa

Yet General Mills, is not well known on the international market, carrying nearly 80% of its business in North America.But that does not worry the president of Yoplait, convinced that the American group did not have a good vision of the international market. "The interest of General Mills is to keep the factories in France and the research center, even to consider deploying more in the world," said Lucien Fa La Tribune totally free credit score.

Direct competition with Danone

The president of Yoplait also said to be reducing the gap between brand (7% global market yoghurt) Group Danone, the world leader (21%). "The Chinese have moved from a consumption of 0.3 to 2 kg per capita per year in ten years, while the French consume 35 kilograms, imagine the potential!" He added.

At the general meeting of shareholders on Thursday, Danone CEO Franck Riboud also addressed the question of redemption of its direct competitor by the group General Mills."This operation does not change anything because we were competing in every country in the world with these two actors," he said, noting that General Mills has been the franchise of Yoplait USA.

The return of the long weekend of Easter is prudence in the Paris Bourse. Closed since Friday, the latter has only indication for a mixed close on Wall Street Monday and wait very pronounced in Asia on Tuesday morning. The Cac 40, which had just managed to stay above the figure of 4,000 points on Thursday, started on a slight decline from 0.19% to 4014.29 points. But the trend was reversed in late morning. A trend that has strengthened over the meeting, the Cac 40 ended the session on a gain of 0.55% to 4045.29 points.

Even movement on other European markets: the London Stock Exchange up 0.83% to 6068.06 points and the German Dax-30 rose 0.85% to 7357.40 points.

Publications Burst

As expected, the meeting was very volatile, while many major publications are expected in the United States.The Case-Shiller housing index fell further in February (-1.1%) compared to January, its eighth consecutive month of decline, and also shows a decline of 3.3% compared to February 2010 . Analysts polled by Reuters on average expected a decline of 1.0% a month on another after -1.1% in January (revised from -1.0%), and 3.3% of year to year. Conversely, the consumer sentiment starts again from the front, but off its sharp drop the previous month.

On Wednesday, markets will pay close attention to durable goods orders and especially the Fed decision on rates. Thursday will be marked by the first estimate of U.S. GDP in the first quarter, while Friday is expected the Chicago PMI.

Side business publications, many American trucks reveal their quarterly earnings, including 3M, Amazon, Ford, Microsoft, or Caterpillar.The French will not be left with, among others, Renault, Seb, Klepierre, Bull, Safran, Saint Gobain and Total.

Side currency, the euro lost ground against the dollar on Tuesday. By late morning in Paris, the euro bought 1.4609 dollars against 1.4572 dollars late Monday.For their part, oil prices retreated in Asian electronic trading, a barrel of light sweet crude for June delivery lost 91 cents to 111.37 dollars and that of Brent North Sea falling by 66 cents to 123 dollars.

Air Liquide is better than expected

Michelin: + 5.10% to 66.95 euros (largest increase in the ACC)

The group said Thursday it would raise its target volume growth throughout the year if sales continue at levels experienced in the first quarter, which was marked by a turnover in excess of expectations.

Renault: + 2.72% to 39.44 euros

Nissan, the partner of the manufacturer, said Tuesday that its production in Japan would fall by nearly 60% in April 2011 over April 2010.Moreover, the South Korean affiliate of French (Renault Samsung) and Hyundai Motor will recall over 100,000 vehicles because of manufacturing defects, said Monday the Department of Transportation in Seoul.

Despite these announcements, the manufacturer is among the highest increases in the CAC 40.Peugeot is also well oriented with a gain of 3.96% to 30.34 euros.

Areva unchanged at 31.05 euros, GDF Suez: + 0.63% to 27.32 euros

Both groups must announce within weeks a partnership in offshore wind to meet a tender of 10 billion euros to be launched in France in May, reported Tuesday the daily Les Echos.

Saffron: + 1.83% to 24.49 euros

Six years after the founding merger between Snecma and Sagem, Safran Thursday changed its governance to return to a traditional organization, the Chief Executive Jean-Paul Herteman becoming CEO

Air Liquide: + 0.50% to 98.39 euros

The group announced Tuesday a turnover of more than-expected first quarter and confirmed its forecast an increase in net profit this year.World number one industrial gas produced a quarterly revenue of 3.543 billion euros, up 8.8% excluding currency and natural gas.The only gas and services division posted growth of 11.4% on a comparable basis to 3.185 billion.

Technip: + 0.52% to 76.80 euros

The group won, through its subsidiary, KTI, a contract for ten superheated steam generators for the first phase of an oil sands project in Canada.

Scor: + 1.98% to 19.80 euros

The French reinsurer acquired Transamerica Re, the U.S. division of the business mortality Dutch insurer Aegon, for 630 million euros, becoming the second life reinsurer in the U.S., according to a statement.

Eurazeo: -0.26% to 56.65 euros, OFI Private Equity Capital: 12.91% + 10.41 EUR

The investment company said Tuesday the acquisition for 132 million euros of OFI Private Equity Capital, an investment company that specializes in French SMEs currently controlled by the mutual insurance group Macif.

Biomerieux: + 0.37% to 73.56 euros

The group published a turnover up 3.5% in the first quarter.

Valeo: 1.61% to 42.36 euros

The group said Thursday sales rose sharply in the first quarter and said he was confident he will continue to grow faster than the market in 2011, but did not detail his ambitions for the full year.

ADP: + 0.46% to 63.64 euros

The group said they had been exploring the possible sale of the control group Alyzia specialized in ground handling operations for airlines and airport security.

First A380 to Montreal

Air France-KLM: + 1.17% to 11.63 euros

The first Airbus A380 carrying the scheduled Air France between Paris and Montreal landed Friday at the PE airportMontreal Trudeau.

Europacorp: – 8.17% to 4.37 euros

The group has once again launched Thursday a warning on its results 2010-2011, warning that the expected loss for the year would be greater than those anticipated by the market, partly because of new provisions.

L'Oreal: -0.02% to 85.66 euros

The general meeting of shareholders on Friday renewed almost unanimously the appointment as director of the heiress Liliane Bettencourt group, 88 years, for a period of four years.

Friday on its website, the group Indochina stated in a brief statement: "Despite our numerous reminders, the Eating the Heart did not seem to want to accept the gift of our copyright / composer of the title 3rd Sex present in the album In the Eye of the Enfoirés. The latest installment of the troupe takes effect in two songs of the group, I asked the moon and 3rd Sex.

Nicola Dominique (ex Indochina) and Nicola Sirkis (singer / songwriter current group), assigns the third title Sex, logically had hoped that the revenue generated by exploitation of their titles are completely transferred to Eating the Heart.

Despite several phone calls and e-mails from the group and their label Sony, Eating the Heart never responded to this proposal.The two artists have decided to donate their full entitlements Secours Populaire.

"We find it curious"

The group is now wondering why Restless seem unwilling to accept their donation. "We find it curious. I hope that authors and composers of other songs sung by Enfoirés so do we and pour their rights, "says Nicola Sirkis at Figaro.fr.

The state since their inception Enfoirés donate all the money collected by record sales.But it should be noted that revenues are generated by distributing these songs on television or radio, and SACEM and SDRM, organizations distributions of copyright and reproduction of records, revertants also rights to authors and composers in the number of discs produced.

In the case of Indochina and Enfoirés SACEM will therefore have to distinguish the rights generated by the third song recorded by Gender and Indochina Enfoirés his version of how to distribute income.

Indochina will soon publish on its website the notarial deed certifying the repayment of these rights.EMI Publising, the publisher of the title did not always about him appeared.

Warned not to tracks for recording and 3rd-Sex

We are not asking the moon, the single from last album Enfoirés resumed I asked the moon in Indochina, is a song written by Michael Furnon group Mickey 3D, edited by Louise Attack Editions. Indochina therefore does not receive any rights to this title which, according to our calculations, could generate nearly 250,000 euros of copyright in the version Enfoirés.

Michael Nicola Sirkis Furnon warned of the psychosocial adjustment of this song for the Enfoires. However, no request was made to the group to obtain the right to record the third sex, which are compulsory.

"The third version of Sex by Enfoirés (3, 45 min.)

The growth of the Chinese economy has been stronger than expected between January and March with a gross domestic product (GDP) up 9.7% over the same period last year.

Prices rose 5.4% in the first quarter in China, according to figures released this morning by the National Bureau of Statistics. It is still well above the government target to contain inflation below 4% throughout the year. The central government has stated repeatedly that the price increase is its first priority, recognizing that it could fuel social discontent. Investments in fixed assets have also increased by 25%.

The tightening of Chinese monetary policy does not yet appear to bear fruit.Yesterday, Beijing announced that its foreign exchange reserves had reached 3000 billion, indicating an influx of capital into China, which highlights the inflationary pressure on the country.

The day before, Fan Jianping, an economist with the State Information Center, a think tank close to the Chinese central government, said two new rotations rely on interest rates for the second quarter. Many analysts expected, moreover, is the required reserve ratios of banks after the publication of figures this morning.

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The Organization of Petroleum Exporting Countries (OPEC) does not know where to turn. While the barrel of oil tops $ 125 in London and $ 110 in New York, raising fears that inflationary pressures in many countries, member countries are unable to agree on an increase in production quotas for calm the markets. Remains to be seen if the latest monthly forecasts for world oil demand, whose publication is expected on Tuesday, will decide this debate.

Meanwhile, two factions seem to oppose the organization. First there is the one represented by Kuwait, which calls for calm markets. The country takes a dim view of soaring prices identical to that of 2008 which would result in slowing global economies and ultimately, the demand for black gold."While we appreciate a high price, we wish to see lower prices, we want a more normal," recently told the press Farouk al-Zanqi, the head of state conglomerate Kuwait Petroleum Corp.. (KPC). "Given current events, the normal price of a barrel should be between 90 and 100 dollars," he said.

In the same camp, Qatar has condemned a sharp rise in prices mostly due to speculators. "The fundamentals are good as regards the offer. Stocks are at an adequate level, "said Qatari Energy Minister, Mohammed Saleh Al Sada. "OPEC can do nothing regarding the speculation, but it seems to be the main reason for the current level of oil prices," he said.

Barrel "will reach $ 150"

Facing them, the other camp, represented by Iran, takes a different speech.President Mahmoud Ahmadinejad, believes that rising crude poses no problem and reiterated last week that no decision was required from OPEC fast cash. "Currently, the price increase is not determined by market criteria, but by political issues. You asked me if the price was still rising: yes it will increase. I think it will reach 150 dollars, "he even added. The opinion of Iran should not be taken lightly: the country is the second largest producer in OPEC, which he currently chairs.

This view is shared by Venezuela, whose weight within OPEC is not negligible with 2.3 million barrels per day.

"No hasty decision"

This internal strife is nothing new. Since the beginning of the year, the tone has escalated between exporting countries.In February, Iranian Oil Minister Massoud Mir Kazemi stated that "OPEC members need not take hasty decisions and unilateral," a reference to Saudi Arabia, the largest producer (8.4 million barrels per day), who had expressed readiness to provide extra barrels to replace lost production from Libya. In early March, the Kuwaiti oil minister, Ahmed Abdullah al-Sabah, had countered that a "possible" increase in production was under discussion.

Despite the admonitions of the President of Iran, Saudi Arabia did increase its production to 9 million barrels per day last March. Kuwait and the UAE has followed suit.

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For this last week's meeting, the CAC 40 struggled to take off, after surging 1.41% on Thursday. The index in Paris rose 0.20% to 3976.95 points. In London, the FTSE rises 0.33% to 5900.57 points while in Frankfurt the Dax advance of 0.12% to 6942.03 points.

The caution is when the problems of sovereign debt of countries of the European Union back to haunt the markets. Fitch and Standard & Poor's (S & P) lowered the rating of sovereign debt by two notches from Portugal, because of "increased political uncertainty" that has shaken the country since the resignation of Prime Minister Jose Socrates.

European leaders are meeting just since Thursday in Brussels to find a way to fly to the rescue of the country and avoid a domino effect.They endorsed the night of Thursday to Friday a comprehensive system of defense against crises of debt that carries the actual capacity of the Fund's lending support to countries in the Eurozone in trouble from 250 to 440 billion euros.

The Japanese nuclear supervision

In addition, the Japanese nuclear situation remains worrying. This Friday, the operator of the plant in Fukushima, Tepco, said that the work of rehabilitation of the plant could take another month because of the difficulties encountered by workers to cool the reactors.

In Libya, fighting continued between armed forces of Colonel Gaddafi and the coalition forces.The NATO countries have agreed on Thursday to take command of military intervention and will next week over the coalition led by France, Great Britain and the United States.

U.S. GDP revised upward in 2010

However, operators should carefully monitor the indicators of the day. On the menu this Friday:

– French GDP in the fourth quarter. Insee said Friday it has revised upwards to 0.4% growth in gross domestic product of France in the fourth quarter of 2010 compared to the previous quarter. A first estimate published on Feb. 15 gave an increase of 0.3%.

– The French consumer confidence has deteriorated more than expected in March, returning to its level of last July partly because of fears about price trends, shows the monthly business survey released Friday by the INSEE .The composite indicator of consumer confidence has emerged after 85 to 83 in February.

– Money supply M3 in the euro area rose by 2% in February (+1.5% in January).

– The barometer Ifo business climate, the main index of business confidence in Germany fell to 111.1 points in March, ending nine months of increases in a row and a record high of 111.3 points in February, according to figures released Friday.

– Overseas, economic growth accelerated sharply in the fourth quarter – GDP grew by 3.1% against 2.8% forecast by the Ministry of Commerce and 2.9% by analysts – allowing States USA finished 2010 on a rise better than expected at 2 paydayloans.9%, according to figures released Friday in Washington.

As for currencies, the euro was stable against the dollar at 1.4166 dollars against 1.4168 on Thursday.

On oil markets, a barrel of light sweet crude for May delivery yielded 3 cents to 105.57 dollars. That of Brent North Sea crude for May delivery gained 21 cents to 115.93 dollars. "Oil prices remain high due to geopolitical tension and underlying factors that support lessons, and this dynamic market seems set to continue," note analysts at Barclays Capital in a note.

Values ​​to follow

Farm Credit: + 2.22% to 12.20 euros

Farm Credit has the highest increase of ACC on Friday, while BNP Paribas qu'Exane initiated coverage of French banks with a buy recommendation on the green bank.The analyst opinion adopted a "outperform" on the Crédit Agricole, with a target price of 16.70 euros.

Edenred: + 0.33% to 21.34 euros

Edenred the group's title, after the split in July with the Accor hotel group, continued his progress on Friday, still worn by various rumors about a possible takeover of the company or paying a special dividend. The work took more than 18.5% over the last five sessions

Eurazeo: + 5.03% to 55.75 euros

The group announced Friday the creation of value target of two billion euros by 2014, a goal that comes as the investment company just return to profit in 2010.Moreover Eurazeo and fund Colony Capital exclude launch a bid for hotel group Accor, which they together hold 32.79% of voting rights, to come into compliance with new regulations, said Friday Patrick Sayer, Chairman the Executive Eurazeo.

Schneider Electric: + 0.72% to 119.40 euros

The group announced Thursday it had acquired US Summit Energy specializes in services for Energy, for $ 189 million.

Lagardère: -0.45% to 30.03 euros, Vivendi: + 0.25% to 19.74 euros

Canal + will launch at the end of a free television channel, announced the CEO of the encrypted string in an interview with Le Figaro.

TF1 (-4.02% to 12.90 euros) and M6 (-2.52% to EUR 18) react badly to the news.

Lafarge: + 0.84% ​​to 44.25 euros

Based on a review of the MFA, the Egyptian Sawiris family increased its shareholding in cement producer of over 14% in March.

EDF Energies Nouvelles: -0.53% to 35.75 euros

The group announced Thursday it had signed two contracts in Canada of electricity supply in 20 years with Hydro-Quebec for wind projects totaling 49.2 megawatts.

France Telecom: + 0.03% to 15.69 euros

Polish operator TPSA its announced Thursday it had sold its subsidiary Emitel $ 1.7 billion zlotys (423 million euros) at the bottom of Montagu Private Equity.

The Bel Cheese must publish their annual results this Friday.

The Paris Bourse playing yoyo Monday. Already upset Friday by the earthquake and tsunami that hit on Japan, the Cac 40 fell back. After changing course several times in the morning, he sold 0.72% mid-term to 3900.59 points.

In London, the FTSE-100 5839.11 0.02% gleans points. The concern, however, is more vivid when the ignition Dax loose 0.56% to 6842.66 points.

Operators are reluctant while alarming news from Japan are linked. The Government refers to as a loss that would have a "considerable" on the national economy, adding that huge funds needed to finance the reconstruction of the areas tested.

Serious malfunctions at nuclear power plants in the region ravaged quicken concerns about the consequences of this disaster on all Japanese companies and the entire region.The Bank of Japan (BoJ) tries to calm markets by injecting funds into the financial system records. At midday on Monday, already 15,000 billion yen (131.6 billion euros) have been released. But this news has not been enough to reassure the markets of the region, primarily the Tokyo Stock Exchange, which has unscrewed from 6.18% at closing for its first full day of trading since the disaster.

Concerns from Asia should also largely occupy the mind for that day. Indeed, no major indicator except industrial production in the euro area in January, is expected Monday.It will wait until Tuesday for a news might make a difference in publishing in the U.S. index of house prices and the Fed decision on rates.

Oil and euro down

In this tense environment, oil appears down in electronic trading in Asia, the market worried about a drop in demand in the short term hit in Japan. Around 11:00, Brent North Sea crude for April delivery traded at 111.82 dollars and New York, a barrel of light sweet crude (WTI) let go two dollars to 99.16 dollars.

On the currency markets, the yen Monday morning in front flexes in other currencies. The intervention of the BoJ has helped slow the sharp rise of the yen against the dollar. Around 10:30 am Monday in Tokyo, the dollar went back to 82.20 yen after falling to 80.60 yen on Sunday, its lowest level in four months.For its part, the euro fell to 112.47 yen. Against the dollar, the European currency gained some ground. Around 11:45 am, the euro bought 1.3971 dollars against 1.3901 on Friday.

Renault, EDF and LVMH affected by the disaster

Renault: -3.15% to 39.47 euros, the biggest drop CAC 40

Nissan, Renault's Japanese partner in the Renault-Nissan, has closed four assembly plants in Japan and no site would reopen Monday. Nissan, the second Japanese manufacturer, manufactures 22% of its vehicles in the archipelago. Furthermore, the manufacturer faces a new twist in the case of alleged espionage. Dominique Gevrey, one of three security officials of the group, was remanded in custody to view this weekend.He is indicted for "organized fraud" and jailed in January following the dismissal last three frames of the group.

LVMH: -3.50% to 106.15 euros, PPR: -1.61% to 106.75 euros Hermes: -2.16% to 149.75 euros, L'Oreal: -0.70% at 81 , 07 euros

The luxury sector is likely to suffer the effects of the earthquake and tsunami that devastated the north-eastern Japan. The archipelago is the second largest global luxury goods market after the United States and elbow to elbow with China. For Hermes is the first market (17% of sales) while for LVMH, representing 9% of sales. The luxury division of PPR meanwhile 16% of its turnover in Japan. L'Oreal, for its part carries about 2.5% of its turnover in the country.

Areva (-8.91% to 31.75 euros) shows the largest decrease in the CAC 40 also affected by the nuclear risks in Japan.EDF (-4.51% to 29.20 euros) is also in trouble as Scor (-2.29% to 18.82 euros).

Bolloré put on Guinea

France Telecom: -0.61% to 15.38 euros

Orange and the Kuwaiti Agility will acquire a 44% stake in mobile operator Korek Telecom Iraq, announced Monday morning the French incumbent in a statement.

Bolloré: + 0.29% to 158.95 euros

The group on Friday signed a contract worth 500 million euros with Guinea for management of container port of Conakry, the capital of the West African country, state television reported.

Sopra Group: -0.63% to 71.05 euros

The group announced its intention to hire 2,500 people in 2011 in Europe, 1600 in IDUs in France in the consulting, systems integration and software development.

Altran: + 1.22% to 4.30 euros

The French group technology consulting has reported a net income Group share loss of 26 million.The group said to be in talks to divest all of its activities in Brazil. He anticipates continued growth at a high level in France in 2011 and continued improvement of its operating margin in 2011.

Vivendi: -0.10% to 19.73 euros

The group does not invest more than 6 billion pounds (6.9 billion euros) for the redemption of the capital of SFR held by the British telephone operator Vodafone, according to the Financial Times.

Note that the bank is well oriented: Credit Agricole (3.99% to 12.13 euros) is the largest increase at Societe Generale (3.34% to 48.31 euros), followed by Natixis (+2 , 74% to 4.21 euros) and BNP Paribas (2.39% to 54.41 euros).

After being snubbed in 2010, the Livret A is it taking its revenge on life insurance, the other place occupied by the French? According to figures released Wednesday by the French association of insurance, the amount of life insurance premiums collected in January 2011 declined 11% over the same month last year to 11.8 billion euros.

For combination, this double-digit decline can be explained at least partly by rising rates of remuneration of the Livret A. Increased to 2% – instead of 1.75% – 1 February, the rate of pay, even if it remains near its record low, making it less attractive to certain life insurance contracts. In 2010, contracts in euros have indeed reported between 3.20% and 3.40%, before taking into account inflation. With inflation at 1.8%, the yield of the Livret A is positive.Most importantly, this product is considered a safe investment, and this contributes to its success in times of crisis.

Life insurance keeps the advantage in terms of net inflows

For now, the net inflows of life insurance, that is to say the sums paid amputees are removed from all contracts, is still higher than the Livret A cheap business cards. It was 4.6 billion euros, representing a 35% drop compared with 2010, but exceeds 3.76 billion collected by the Livret A in January, its highest total for two years.

The daily Les Echos, insurers, however, look to the future with caution. For two years, contributions grew more slowly indeed. They were up 4% last year instead of 13% in 2009. This year, growth is also forecast to below 4%. Another unknown could also weigh on life insurance.The government is currently working on reforming the taxation of wealth, and the system of life insurance could be changed. In 1997, the questioning part of tax and social benefits of life insurance had caused a fall of 17% of the collection.

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