Mar 10




 

LE FIGARO. – Must restart nuclear power plants in Japan?

Nobuo Tanaka. – Yes, as soon as possible. Iran represents a huge potential risk. Over 80% of our oil imports and 20% of our gas imports pass through the Strait of Hormuz. We have 170 days of oil stocks, only 20 days for gas. Iranian attack risk is much higher than that of a large tsunami! If we do jumpstart by plants, it could be missed 10% of electricity this summer.

How much would it cost to Japan to do without nuclear power?

At current oil prices, just to replace the current nuclear by fossil fuels, it would cost 3 trillion yen per year (28 billion euros, Ed).

To diversify your natural gas supplies, the construction of an undersea pipeline bringing Russian gas via the neighboring island of Sakhalin is feasible?

Just as the German decision to import Soviet gas in the 1970s improved the Germano-Russian relationship, build a pipeline could help solve the diplomatic dispute that pits Japan against Russia over the Kuril Islands. Russia's interest to diversify its customers in the Far East. Japan could also operate its own gas: methane hydrates on the ocean floor mats are a great potential, especially if oil prices continue to rise much.

How to develop renewable energy in Japan, which are still marginal?

I see no future for the solar wind, in Japan. The government will introduce a feed-in tariff incentive. This is necessary but not sufficient. To complement the intermittent energy, it takes gas or geothermal energy, and a soft market. There is also great potential in marine energy.

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Mar 2




 

Rarely have there been a fear of unemployment too high (one third of the French fear of being unemployed in the coming months) coincide with proposals also limited in terms of job candidates in the presidential election.

Apart from generation contracts (with uncertain effects) of Francois Hollande, antidélocalisation VAT (which will particularly benefit the jobs are not exposed to international competition) by Nicolas Sarkozy, or the prohibition of redundancies (fantastic in a global economy ) by Jean-Luc Melenchon, the impétrants at the Elysee do not shine with the inventiveness of their proposals. Everything happens as if in fact the only social issue of this campaign was beginning to worry about the plight of factory workers in difficulty: Lejaby, Petroplus, Photowatt, ArcelorMittal … to name those "lucky" to one of the 20 hours. So much so that outgoing President announced that a buyer or a command Unexpected unexpected, the Socialist candidate responds by passing a law requiring an industrial facility to the closing yield. Syndrome Jospin, powerless anger of employees in 2002 by Lu who accused him of doing nothing to save them, has been there

.

These employees are far from being the most deprived. From large groups who fulfill their obligations reclassification or revitalization (and often sign large checks start), they are part of the iceberg. Registration for employment center after a redundancy no longer represent each month that 2.9% of input patterns. Contrary to popular belief, their numbers fell 3.4% in 2011 to 14,000 per month. All also receive a contract security professional (CSP), ensuring a strengthened support and 100% of their net salary for a year.

This double "deluxe treatment" (media and procedural) for the CSD and interim would like to also benefit. First variable adjustment of the workforce in the companies they represent one third of entries each month at employment center (or 150,000 people) and are not entitled to a CSP in 15 experimental and employment areas. And, in an envelope limited to less than 20,000 contracts this year. 5 times less than for retrenched when they are 10 times more each month to bear the brunt of the crisis. In factories or elsewhere

.

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Feb 26




 

Friday night to Saturday was quieter at the meeting, but the measures in favor of Purchasing Power announced Friday night failed to extinguish the fire of protest against the "cost of living." Among the nudges forward, lower gasoline prices, freezing or lower prices of 40 basic commodities, and a social tariff for electricity.

Measures "insufficient" and "incomplete," according to the protesters. The meeting recorded an unemployment rate of 20% to 60% and explodes for youth under 25. Social minima are the same in the mainland but the cost of living is more expensive.

• Decreased 8 cents per liter of petrol and diesel

From 1 March until the end of the year, the price of gasoline at the pump will be reduced by 8 cents per liter. The question of fuel is essential for Reunion, forced to move by car or scooter as public transport is scarce and disorganized. In the department, a liter of gasoline costs 1.66 Unleaded 95 euro more than the French average of 1.58 euro (absolute record at February 17, 2012), but the diesel will cost "only" 1.29 (1.42 against euro on average throughout France).

Each month, fuel prices at the Meeting are set by prefectural order, depending on the variation in supply costs. This discount of eight cents and will be decided each month and achieved through a reduction of taxation. It will be financed by a renunciation of communities and the Chamber of Commerce to certain taxes, while importers of petroleum products will agree an effort.  

In France, for every liter of gasoline paid, the TIPP (domestic tax on petroleum products) is 60 cents for Unleaded and 42 cents for diesel. In some cases – this is the meeting – a fraction of the TIPP has been attributed to the regions, which may modulate the rate. Moreover, the prefect wants the establishment of a new storage of fuels, to create competition against the monopoly of the single fuel distribution company on the island.

In addition, the UMP president of the regional council, Didier Robert, will remove the "dock dues" on fuel, local taxes related 24 million euros per year, collected by the Region and then shared with other communities.

• Gel or lower prices for basic commodities

The price of forty staples will be either a decline or a gel. The list will be developed with retailers and consumers and published Thursday.

The council said that among these products, there would be "ten countries products, that is to say, as locally produced milk, oil, diapers, bleach, pork or chicken, which decline by 20 to 30%. " An effort of 23 million euros for this community, chaired by Nassimah Dindar, who is also counting on an effort by producers. Negotiations should continue throughout the weekend.

At the meeting, the social minima are the same in the mainland. Among the 830,000 inhabitants on the island, 52% live below the poverty line, or with less than 795 euros. 20% are unemployed. Among youth under 25%, the unemployment rate explodes to 60%. Now the population is young at the meeting: 56% had less than thirty years. However, prices of consumer goods, from food to clothing, there are more expensive than in the mainland, since most are imported. According to figures from INSEE, prices in 2009 were 15.6% higher at the meeting in the mainland. In 2010, the gap narrowed to 12.4%, for an average consumer basket, including rent. By comparison, in Guadeloupe, prices are 14.8% higher on average than in metropolitan France (in 2010), 16.9% more expensive in Martinique and 19.6% in Guyana.

• A social tariff for electricity

The effort on the forehead of electricity would represent a decrease of about 40% of the invoice concerned Reunion. The prefect said the families receiving the minimum social wage and minimum wage up to 1.4 are affected by this social tariff. These rates apply EDF funded by the General Council.

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Feb 13




 

As of March 1, homosexual employees of the operator SFR will be eligible for paternity leave, like any heterosexual spouse. Eleven days will therefore be available to lesbians and gay employees of the company, whose partner had a child. This decision was taken by Marie-Christine Theron, Director General Human Resources SFR, after an interview Jan. 31 with HomoSFèRe, the association of lesbians, gay, bisexual and transgender group SFR.

The company can do better than the law

Informal meeting at the request of the association, it was that first issue of commitments around the fight against discrimination, to establish for May 17 at the International Day of struggle against homophobia. Then, referring to leave "paternity" for lesbians, claim already before the Board equal professional women / men in November 2011, the DHR has accepted this request, it has even extended to gay fathers.

"This is a first for the association gratefully acknowledges the general direction of SFR for this spirit of openness and dialogue," enthuses HomoSFèRe. "The company can always do better than the law says Marie-Christine Theron. Our company is very proactive on diversity and equality in the workplace. With 20 million customers, I think it is this diversity in our staff. "

She said the gay community is not especially important in the group but "accede to this request was consistent with a normal evolution of our society, so why refuse it?" She asked.

The social partners have already "given their approval," commented the director of HR. The end of negotiations is under way and the social benefit might even be born as this February.

Feb 11




 

Internet gets more in tune with other media. After enjoying a full return to growth in 2010, investments online in 2011 after the French advertising market trends, with a more moderate increase of 7.6% (+5.2% over the same period for all the corporate media). According to the barometer of the Interactive Advertising Bureau France (IAB) and the Union of regulated Internet (SRI), the investment volume has reached last year, 3.48 billion euros gross (non-negotiating and decreasing) . "Very dynamic in the first half of the year, the display (banner advertising, sponsorships and video, Ed) was marked by breaks and a slowdown in year-end. This confirmation of the maturity of the Internet who now lives at the same rate as so-called traditional media, "said Catherine Gotlieb, VP of IAB France.

The data released Friday by the Institute Kantar Media also show that the share of the Internet in French advertising investment has stabilized at 12.5% ​​(+0.3 points compared to 2010). "With only this level of market share, the Internet remains underinvested in France, which suggests good prospects for development of the media," notes Arthur Millet, a director of SRI. Even if there is more than "outbreak of the Internet", in the words of Catherine Gotlieb, the media has installed devices at the heart of cross-media advertisers. In 2011, some 4972 advertisers have been active on the Internet, most loyal spending an average of over 15% of their communications budget.

Advent of video

Especially, two-thirds of advertisers now combine the "display" with at least one other media. The couple TV-Web continues to grow, stimulated by the advent of video. Last year, 690 advertisers used this form of advertising, 20% come from the consumer.

Culture and Recreation (370.1 million euros), banking and insurance (360.1 million), automotive and transport (352,100,000) are the three dominant sectors on the Internet. The IAB France and the IRS noted, however, increased investment in food and distribution. The latter has a "high growth", while the sector is currently under-investor with a market share estimated at 6.7%.

Similarly, with a share of 8.3%, food is "an important reservoir of growth for the display." Between 2010 and 2011 budgets devoted to food web have developed strongly (+10.5% to 190.4 million euros), including through "devices incorporating digital video," indicate the BFI and SRI. For 2012, the two agencies do not advance prediction.

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Feb 7




 

Greece appears increasingly at an impasse. Last night, the various parties in the governing coalition failed to agree on the establishment of a new austerity plan, after five hours of discussion, and despite the urgency of the situation . Greek Prime Minister, Lucas Papademos, said the meeting would resume today. He announced advances on the magnitude of the savings (1.5 point of GDP), bank recapitalization and reforms to reduce production costs. In contrast,. Antonis Samaras, the leader of New Democracy (right), leaves little hope on the fact that a consensus could be reached soon: Troika "demand more austerity, that the country is unable to bear, I 'm fighting to prevent this, "he said last night.

The European Union and the International Monetary Fund called on Athens to make more efforts and implement a new fiscal tightening if the country wants to receive the necessary new loan of EUR 130 billion at least. And time is short because without that money the country will be unable to repay the 14.5 billion euros in loans it owes to its creditors by 20 March. Without this payment, the country will have no choice but to declare themselves insolvent.  

Saturday night, the Greek finance minister, Evangelos Venizelos, said that negotiations should be concluded on Sunday evening that Greece could ignore the threat of bankruptcy next. Similarly, the leader of the Eurogroup, Luxembourg Jean-Claude Juncker, has also increased pressure on the Saturday night party leaders Greek citing the risk of "bankruptcy" of Greece in March if required reforms were not carried out. Athens must indeed conclude negotiations as soon as possible, so that the exchange of Greek sovereign bonds held by private banks can be operated around February 13. With the key, the deletion of 100 billion euros of its debt.

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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 22




"Change Model" has become a leitmotif in the Lyonnaise des Eaux, a subsidiary of world number two services to local authorities, Suez Environnement.

"Our proposals meet the shared view that we must reinvent the governance of water, take into account environmental and social issues and meet the high demand for information from citizens," said Philippe Maillard, the new head of the Lyon water, which presents on Tuesday, the Congress of Mayors of France, the "contract for water security."

After the turn made by Paris in 2010, several cities are planning to remove the water management to private operators to switch to public ownership. Bordeaux switch soon. Evry, Lyon and Lille are wondering.

Nov 4




The Financial Stability Board, responsible for coordinating global financial regulation, announced Friday on the sidelines of the G20 is a list of 29 banks deemed "systemic". In other words, they are major financial institutions worldwide, which by their size or nature of their activities, are likely to destabilize the world in case of bankruptcy.

It's a surprise, as many as four French banks are listed: BNP Paribas, Credit Agricole, Societe Generale and BPCE. Including Dexia, the Franco-Belgian bank in difficulty, the quota is the tricolor represented after the eight listed U.S. banks, JPMorgan and Wells Fargo, to Goldman Sachs. Are also four British, three Japanese, two Swiss, or an Italian bank (UniCredit) and Spain (Santander).Bank of China, finally, is the only Chinese bank to integrate this "elite" of fat.

These institutions, the list will be reviewed annually, will be subject to increased surveillance by the regulators. In particular, they will be more capitalized than their competitors. While the Basel Committee requires hard capital ratio of 7% for all banks, these institutions must show systemic 1.5 to 2.5 points of additional ratio by 2019. The exact level will be set for each speaker in 2014.

Pay the piper

This is for the authorities to break this hellish dynamic in which the banks seek to become ever larger, more complex, with no risk to it since at the end is always the taxpayer who pays the pieces.

Oct 28




A new situation is emerging in the financing of aircraft purchased by the airlines. This is a consequence of the crisis of public debt in Europe, the requirements of the new banking regulations, known as "Basel 3" and the growing importance of Asia in the economy of air transport. The challenge for French banks? Maintain their global leadership in a profession where they excel with a market share of 31%.

For several months, the pressure rises. French banks are caught between access to dollar funding more difficult and more expensive as well as compliance with the new banking criteria, which leads them to reduce the size of their balance sheets by arbitrating between their trades. Over those that involve the preservation of long-term assets in dollars, typically aircraft.Because the dollar is the currency of reference in aeronautics.

The dollar, currency of

Societe Generale announced in mid-October cut its financing by air. BNP Paribas would seek to exchange air assets against dollar assets denominated in other currencies. Markets are concerned. What would the impact of a withdrawal, even partial, of Airbus, of which 17% of deliveries were financed by French banks in the last 18 months? Indeed, everything is played on delivery. This is when the company spends between 65 and 70% of the price of the aircraft ordered several years ago and for which a timetable has been set following the first installment (5 to 10%) paid at the signing the contract.

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