Sundial of world news

Clementine Autain: temptation by HR Cadremploi

What is interesting with media characters is to find them a secret mission to which they would not have necessarily thought. Clementine Autain, feminist, anti-liberal and managing editor of the magazine has a Glance want discreet. If one day she was deprived of political activism, it would work well in the human resources function. And after all! She is interested in social issues, she is very concerned with equality at work, she has ideas to fight against unemployment and it is associated with the destiny of the Cooperative production of the magazine she runs.

When asked if she would host seminars to help women assert themselves, to develop gender equity and equality in relationships at work, she smiled, almost shy and surprised at his desire, as if that gave him perspective ideas. Clementine Autain consultant and trainer? Why not! She has the belief, it has a name that many would envy his management consultants, it has the social fiber.

With her straight talking, his capacity for argument and a sense of organization that may be suspected in any militant leftist and broke the agitation propaganda, I am increasingly convinced that Clementine might Autain to serve HRD of a real capacity for conducting seminars and training. Provided that subjects the rally. No question it, of course, training in financial markets or the implementation of a social …

Consultant yes, but with principles and fees that could finance the activities of his newspaper, Regards. So, Clementine Autain, when you run?

Once is not custom, the Cac 40 owes its salvation to Greece. While preparing to end the week on a third consecutive decline, after the publication of unemployment figures very disappointing for the month of May that highlight the fragility of the recovery in U.S. stock index has closed unchanged at 3890.68 points.

The Footsie-100 from the London Stock Exchange closed up 0.12% to 5855.01 points. The Dax-30 from the Frankfurt Stock Exchange finished up 0.49% at 7109.03 points.

A wave of optimism has swept over the financial markets in the late afternoon after Greece and the "troika" has released details of an upcoming fiscal tightening.And especially that the country has reached agreement with its creditors to pay him a new financial assistance.

The service sector slows in Europe

In France, growth in services sector activity slowed slightly in May but remains close to the peak of nearly 11 years hit the previous month, final results showed on Friday of the monthly survey from the Markit Purchasing Managers . PMI Segment income $ 62.5 after hitting 62.9 in April, its highest level since September 2000. An initial flash estimate of 62.8 gave the May 23

This same index slowed sharply in Germany last month to 56.1, its lowest level since October against a flash estimate of 54.9 and a figure of 56.8 in April.However, it is accelerating in the U.S., the index of purchasing managers in the sector has emerged up from from April to 54.6.

Also overseas, only 54,000 net jobs were created in May, according to figures from the Labor Department. That is three times less than economists' forecasts.

As for currencies, the euro, which climbed to over $ 1.45 yesterday, continues its recovery. It traded at 1.4567 dollars this morning.

Oil prices fell Friday in New York after the release of employment figures far worse than expected in the United States, showing a sharp slowdown in hiring in May in the country no faxing payday loan.

Late afternoon in Paris, on the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for July delivery traded at 99.46 dollars, down 0.94% compared to the day before.

Banks in good shape

The banking sector shows the largest gains among CAC 40 after Greece and the "Troika" (European Union, International Monetary Fund and European Central Bank) unveiled the budget plan for Greece and Athens has confirmed that Agreement was reached with its creditors to pay him a new financial assistance. BNP Paribas (2.18% to 53.55 euros), Societe Generale (1.95% to 40.98 euros), Credit Agricole (2.17% to 10.58 euros) move.

TF1: +0.40% at 12.48 euros

Media rights to Roland Garros on Europe, formerly held by Eurosport (TF1), will change the diffuser to be allocated to the agency MP & Silva from 2012.

Vivendi: 0.63% to 19.07 euros

SFR announce next week an overhaul of its mobile offerings and partnership with the broadcast site Spotify music on the internet, writes La Tribune. The telecom operator will hold a press conference Tuesday, June 7

Thales: 1.16% to 29.28 euros, Safran: 0.59% to 27.94 euros

Discussions between the two groups regarding an exchange of assets will be using a mediator, Aldo Cardoso, former head of Andersen's consulting firm, said Friday the newspaper Les Echos.

Renault: 0.70% to 38.16 euros

The manufacturer believes that the shortage of diesel that has weighed on its registrations in the month of May in France will be eliminated in the second half, especially against the backdrop of the expected slowdown of the market, told The Tribune on Commerce Director of the French subsidiary.

Note that his main competitor, Peugeot, the fastest rising Cac 40 and the closure of the Paris stock exchange, rising 2.19% to 28.20 euros.

A video of Figaro easy payday loans.fr

If we consider the G8 countries (Germany, Canada, United States, France, Italy, Japan, UK and Russia), high-growth countries (Brazil, India and China) and those on the very edge Canvas (Sweden, South Korea), this share rises to 3 low rates payday advance.4%. In these thirteen countries, says McKinsey, the Internet industry creates 2.6 jobs for every job destroyed. From 2004 to 2009, digital has contributed to 11% of the growth of these countries.

The members of the Monetary Policy Committee of the Central Bank of the United States (Fed) are unanimous: the inflation in their country is only "temporary." This consensus on the issue of price is clear from the minutes of the meeting held on 26 and 27 April. "Participants generally expected that the higher level of inflation would be a passenger," says the Fed on Wednesday.

According to the latter, "that forecast was based in part on a projection that the curve of changes in commodity prices would flatten out and the belief that inflation expectations remain stable longer term." As a reminder, the Fed on a table in 2011 inflation in the United States between 2.1 and 2.8% this year.In April, she displayed an increase of 3.2% over one year and 1.3% excluding food and energy.

Participants in that meeting had in fact echoed the boss of the Central Bank, Ben Bernanke. In early April, he had described the current surge in prices of "transient". Remarks which had so angered the American press which noted the difference between the Fed and the general public is faced with higher prices at the pump in a fixed wage.

Liquidate assets

Inflation, which was at the heart of discussions at that meeting led to another consensus on the need for further monetary policy support the economy until at least late June. The main rate by the Fed remains close to zero.

Citing how the monetary institution should withdraw that support when the time comes, most leaders of the U.S. Federal Reserve agreed that it will take it winds up its portfolio in the medium term and that priority was separate assets linked to mortgages. "Many of these participants also expressed their preference for such assignments are relatively progressive," it added.

On Wall Street, markets mostly hold these discussions "should not be perceived as a sign that the Fed is preparing to raise rates." The Dow Jones, who played in a small increase before the publication of the report, closing with a gain of 0.65% at 12,560 points.

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This Saturday, the employees of the 500 Carrefour Market in France are expected to strike. Rue Maubeuge in Paris this morning, they were a fortnight before their store to answer the call of the CGT and soft petitions and leaflets to customers. They want to be housed in the same boat as their colleagues in Carrefour hypermarkets, according to the association, which, it is a little over a month, have mobilized massively, and with success.

On April 9, in fact, the movement – "historic" by the unions, had allowed the reopening of negotiations with management. The employees were then granted a special bonus of 220 euros gross July 31, the transition from 7 to 10% of discount on purchases (including gasoline) granted to staff and a commitment to renegotiate, the end November and a revaluation of the holiday allowance to go to a 14th month.The draft agreement, which will be endorsed on May 18, also provides for annual wage increases of 2% in March, is correlated with inflation, instead of the expected increase of 1% and 1% in March in October.

Beyond wages, working conditions are up for discussion. The union FGTA-FO deplores the removal of 10,000 jobs over the past five years, and denounced a "new business model based on night work generalized ultra simplified workflow and increased stress for employees.

Fighting the new economic model of the group

The Carrefour group is in the midst of strategic transformation, including its plans for divisions and development of its new hypermarket Planet.Mutations that cause a stir both at the executive level – the CEO France left the group last May 5, two months after the departure of Director – Europe and employees.

At the next general meeting to be held on June 21 next, they oppose the proposed division by the stock exchange's subsidiary Dia hard discount and the 25% of the land Carrefour Property. But their voice is low, employees own about 1% of capital and 1.76% of voting rights. The unions called the Mutual Fund Business (CIPF), which holds 1.33% shares and double voting rights, to say no, and so to endorse the position of the fund Knight Vinke (over 1 % of capital). In total, they would be 4% against the heavyweights Bernard Arnault and Colony Capital, which have 14% stake and 20% of voting rights.According to unions, these operations "purely financial and non-trade" would bring six billion euros to the two main shareholders, Bernard Arnault and Colony Capital.

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After the death of Osama bin Laden, U.S. markets have opened higher on Monday. But the optimism did not last. After booting up 0.48% at 12,872 points, the Dow Jones has returned to equilibrium about 18.30 (-0.02% to 12,839 points), the Standard & Poor's 500 and Nasdaq 100 lost respectively 0, 13% to 1362 points and 0.31% to 2865 points.

The NYSE had ended up slightly vendredi.Sur the entire last week, the Dow Jones gained 2.43%, sailing now at its highest level since May 2008. The Standard & Poor's has made 1.96%, climbing to a new level since June 2008, and the Nasdaq experiencing the highest since December 2000, after rising 1.89% on the week. U.S. indices have been propelled by the quarterly results of companies.Indeed 73% of companies have released better than expected results for the first three months of the year.

On all major exchanges in Asia and Europe, the reaction was positive on Monday after announcing the death of bin Laden. But the effect was short-lived.

Dollar up, oil down

And on the foreign exchange market, the dollar climbed against major currencies. Around 15:30 European currency resumed, however the height against the greenback.: The euro bought 1.4849 dollars against 1.4808 dollars on Friday night. The death of public enemy number one U.S. pushes investors to buy the greenback, especially low in recent weeks because of the decision of the U.S. central bank (Fed) maintain unchanged its policy of very low rates.

Similarly, oil prices, affected by the surge in the greenback, declined Monday.A barrel of light sweet crude for June delivery lost 57 cents to U.S. $ 113.236. Precious metals lose ground again this afternoon, even if less than this morning. The ounce of gold fell to 1546 dollars this morning against a previous record of 1575.79 dollars. It is from 1555 dollars to 15.30.

On the macroeconomic front, construction spending gained momentum in the United States, knowing their strongest growth in 11 months, 1.4%, according to data released Monday by the Commerce Department. In contrast, growth of manufacturing activity slowed for the second consecutive month in April, but less than expected, according to the index of industrial purchasing managers released Monday. This index, calculated by the Institute for Supply Management (ISM), stood at 60.4 in April after already slowed to 61 instant payday loan.2 in March, against 61.4 in February.The 72 analysts and economists surveyed by Reuters had forecast an index to 60.0.

Macroeconomic agenda of the rest of the week is particularly busy overseas. The program included investors such as U.S. industrial orders (Tuesday), the PMI service on both sides of the Atlantic (Wednesday), quarterly productivity in the U.S. (Thursday). But the main highlight of the week on the macroeconomic level in the United States is expected Friday with the traditional monthly report on U.S. employment.

Apple on their toes

The side of values, PPR announced on Monday the launch of a friendly takeover of the American Volcom (23.92% to 24.45 dollars) (clothing and accessories for skateboarding), enhanced 516, 1 million euros, which, according to him, "a milestone" for the constitution of his pole "Sports and Lifestyle."The essence of sport and lifestyle center is formed by Puma, majority owned by PPR, which was completed in 2010 a turnover of 2.7 billion euros (+10.6%) and operating profit to 337.8 million euros, up 12.7%.

Always on the side of values, Apple (-0.36% to 348.88 dollars) might react to the announcement of Time which will offer a free edition of its magazine for iPad his paper subscribers, according to the Wall Street Journal.

On its side the oil giant Chevron (-0.70% to 108.67 dollars) has also announced after the close of Wall Street have made a profit in the first quarter of $ 6.2 billion against 4.6 billion a year past. Daily production rose to 2.76 million barrels per day against 2.78 million last year.Chevron also announced the construction of a new manufacturing lubricants in Mississippi to $ 1.4 billion.

For his part, Du Pont De Nemours (-0.25% to 56.65 dollars) has increased the amount of its bid for Danisco to 700 Danish kroner kroner against 665 previously.

Also note, the Wall Street Journal, Facebook's growth is higher than the forecasts made several months ago, the group is about to exceed two billion dollars of gross operating profit (EBITDA) in 2011. Still according to the Wall Street Journal, the benefits of Facebook now increase rapidly enough to justify a valuation of $ 100 billion or more from the perspective of an IPO. Facebook should be placed on the market by early next year.

Without the mastery of numbers and salaries of civil servants, France can not stabilize, as it promised in Brussels on government spending until 2014. And for one simple reason: staff costs (salaries and fringe benefits) account for 31% of the state budget, excluding debt service charges and pensions.

The government is obviously aware of the issue. That is why the index point, which is the basis for calculating the remuneration of officials, will be frozen in 2012 after having been in 2011. In fact, every increase of 1% of item cost 900 million to the state. In addition, the non-replacement of staff on two retiring will continue, with the key to some 30,000 job cuts per year.Bercy hopes to reduce the state payroll, $ 82.7 billion in 2011 to 81,700,000,000 in 2013.

Too many bonuses repaid

This is not the opinion of the Court of Auditors. In a report published in the fall, the judges of the Rue Cambon noted that despite the job cuts, "payrolls increased an additional 1% annually in recent years." Worse, in 2009, staff costs were up 500 million that they were included in the original budget. In 2010, the slippage would be 532 million according to the report by Gilles Carrez, the UMP rapporteur of the budget to the Assembly on the last supplementary budget of 2010.Finally, to stabilize personnel costs, the Court therefore considers that a more bitter potion is needed, made of a gel point here until 2013 and included a strict framework of the "categorical returns, even their reduction after 2013 guaranteed approval cash loans.

It is here that things are fishing, according to the Court. Normally, the state must redistribute to officials 50% of savings from job cuts. Thus, in 2009, the 860 million of gains a "two" would generate 430 million due to the redistribution agents. "But the handover was in fact rather the order of 700 million in 2009," wrote the Court of Auditors. Some departments have been too generous, others, like the National Education should pay more overtime than expected."In 2010, the Department of Defense would have surrendered 63% savings, that 68.7% of the Economy and the Interior Ministry has spent more than it has saved," said one expert on the issue.

At Bercy, we challenged this analysis: "The Court includes in its calculations of the elements that are not" categorical return "but that emerge from our policy of individualisation of pay." It is estimated that the slippage of the payroll is due only one error in forecasting retirements. Fewer starts, it's more wages to pay and return categorical overrate. "The departures in 2010 were 12% lower than forecast. But in 2011, they are hasse, "says one at Bercy.Time will tell which of the Court of Auditors or the Government, is right …

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Turnover up 27%, a net profit rises 17%: Google on Thursday posted quarterly results spectacular … but not enough for Wall Street. Google saw its share fall immediately punished for earnings below expectations and rising costs.

But more than the share price is the rise of new competitors like Facebook and Apple worried. She forced Google to invest heavily to ensure its development in the social web and mobile. The group has hired 1,900 people during the quarter and announced that 2011 will be a record year in number of hires. Google has also invested in marketing to promote its new services, such as the Chrome browser, used by 120 million users worldwide.

Larry Page, co-founder of Google CEO returned in early April, was added to the message symbol.For his first appearance before analysts since his appointment, he made an appearance a few minutes introducing the conference, time to utter 398 words according to calculations by the American press. Brevity that shocked analysts but which reveals the priorities of Larry Page. "There are significant improvements to our core products and in the heart of our business, and we enthusiastically. (…) I am very optimistic about our future. "

Success of Android

These improvements will focus on the search engine, which remains a priority for Google. "We have 90 quality improvements on the engine in the first quarter," said Jeff Huber, director of commerce and local activities of Google.They focus on quality results, but also the integration of a community in its search engine with the recommendation button "1".

Emphasis is also placed on the mobile. Google has made the first Android mobile operating system, whose traffic has jumped 500% in two years. But unlike Apple, which sells its smartphones, Google does not sell phones or its Android software. Strategy: by widely Android (located on 350,000 new terminals each day), Google hopes to develop mobile Internet where it can sell advertising. This already brings in nearly $ 30 billion in fixed Internet.Already, his authority AdMob mobile advertising messages to 150 million handsets Android or iPhone per month.

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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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