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Vivendi confirmed Monday, after market, the departure of Frank Esser, CEO of SFR, revealed by Le Figaro. This departure will be effective from the end of the week. Jean-Bernard Levy, CEO of Vivendi, this function takes live indefinitely. No other redesign teams SFR is expected. The announcement of a smooth transition reassured the 10,000 employees of SFR, where the announcement of the departure of Frank Esser, who presided over the destiny of the group for twelve years, has been a bombshell.

Vivendi wants to take the time to find a new boss for its subsidiary SFR, a pivotal moment in its history. Greatly shaken by the arrival of Free in the mobile sector, Vodafone is obliged to rethink its economic model. And why the research group "rare bird". Several names of potential candidates circulate: Bertrand Meheut (current CEO of Canal +), Thierry Breton (CEO of Atos), Didier Quillot (former CEO of Lagardère Active), Michel Combes (CEO Vodafone Europe), Gilles Pelisson (ex- Accor CEO) and Jacques Veyrat (Direct Energy) … But none is needed.

One thing is certain, the chosen one will have a profile of "cost killer" while SFR expects a decrease of 12% to 15% of its EBITDA margin in 2012 and Jean-Bernard Levy said at the Vivendi earnings presentation in early March, the need to "tighten the bolts." The future head of SFR should be able to reassure financial markets, while the declining profitability of SFR weighs on Vivendi. The stock has lost 17% since the beginning of the year.

The departure of Frank Esser was decided Friday afternoon during a supervisory board of Vivendi, and presented Monday at 5:00 p.m. in the Board of SFR. It does not seem to be a coup as often in the wars of succession, but a decision by mutual agreement. Friday, same day that his fate was sealed, Frank Esser was attending a lunch with the entire executive of Vivendi, in which Jean-Rene Fourtou, director of Vivendi, and Jean-Bernard Levy have sent him some very complimentary. Frank Esser, Mannesmann's German came (acquired by Vodafone), is indeed recognized and appreciated by both teams by his peers.

Free to adjust the face

But, before the onslaught of Free Mobile, it was essential to give new impetus to SFR, which lost 200,000 customers between 10 January and late February. "Jean-Bernard Levy knows SFR. We are confident in its ability to revitalize all appear the beginnings of a stabilization of the situation. After the initial excitement, Free began to experience a certain loss, "said a spokesman for Vivendi.

The task does not look easy. We'll have to cut some expenses without burdening the future. "In the hundreds of service developments underway at SFR, it will have to choose between those that are essential for the future and those who can be stopped, says an inside source. Always painful choices that force teams to redeploy réinternalisant projects that were previously outsourced to external service providers. "The suppliers and providers of SFR should be the first affected by this clampdown.

Add paid features

It will also have to rethink the positioning packaging opportunities. Free Mobile face, all operators have launched entry-level offerings, sold only on the Web at very aggressive prices. But where Bouygues Telecom, the first chopping last July, has managed to impose "B & You", followed by Orange with "Sosh" SFR has not really enticing with its brand "Red" launched in late September.

But offers low-cost, direct response to Free, are not the only priorities. The operators were able over time to all-inclusive packages (visual voicemail, MMS, mobile Internet …). We must now all unravel for a basic package comparable to that of Free, which you must add a number of services at extra cost. A vast perspective.

In this book the day of 12 April 1992, there were a death and birth. While journalists of The Five announced the "definitive interruption of picture and sound," Euro Disney executives were celebrating in front of cameras and music from around the world the opening of Disneyland Paris, an amusement park of 51 hectares. The happy event welcomes all the French and much of their European neighbors. It must be said that the project, past six years in the hands of the Prime Minister at the time, Laurent Fabius, then his successor Jacques Chirac, had had time to stir curiosity. If the creation, California's first park Mickey (Walt Disney himself) was in 1955 and the Walt Disney World was born in Orlando in 1971, for our old continent, it was a novelty.

Twenty years later, the "baby" is all grown up but his fans do not get tired payday loan. With over 250 million registered users since its opening, Disneyland Paris, with its 57 attractions, its 62 shops, 58 restaurants and seven hotels, has become the first tourist destination européenne.Dès April 1, they should still be Many are not rushing. For if Disney has demonstrated his expertise with regard to birthdays, for 20 years, he predicted great. Great. (Mickey) Maousse. Night show revolutionary, unprecedented parade, being revamped, new decorations … many surprises imagined by the creators of the new company to delight guests and regulars. "This anniversary we celebrate the progress, ensures Philippe Gas, Euro Disney president since 2008. And we want to do with all those who have made Disneyland with us. "

The castle of Sleeping Beauty turned

"An explosion of magic, light and color"

The marketing of the new iPad Friday has generated less than tails on the sidewalks, but probably more sales than at the launch of the iPad2 a year ago. Apple stores of the largest cities in the world have often opened their doors earlier to satisfy customers eager to see, touch and hold the new object is critically acclaimed. In April 2010, the first iPad has sold 300,000 copies the first day. Estimated Friday night, over a million buyers have fallen for this model faster, with a screen resolution of unprecedented and consistent with the fourth-generation telephone networks. Among them, ironically, Steve Wozniak, co-founder of Apple, who stood in line Friday in Los Angeles as an ordinary customer.

Reducing queues at Apple Stores in the U.S. is explained by the supply of new iPad by many other retailers, like Wal-Mart, Target, Best Buy and by telephone companies and AT & T Verizon payday loans lenders. Sold in Wi-Fi setup to 499 American dollars, 489 euros in Paris, 42,800 yen in Japan, the new iPad promises to consolidate for now ahead of Apple on the niche of digital tablets against rivals such as Samsung and Amazon. Gartner estimates that by 2015 this market will be as important as that of PC with 368 million units will be sold this year. The guts of the new iPad show including a screen made by Samsung and electronic components from Qualcomm, Broadcom, ARM Holdings, Toshiba and Avago Technologies. This information will drive some to buy the shares of these companies to take advantage of the popularity of the iPad Apple has already made the company the world's most expensive with a capitalization of $ 546 billion, twice that of Microsoft.

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What is the liability insurance?

The liability is defined as the obligation to repair the damage or injury caused to others. In case of accident, then it is the insurance that replaces the insured to compensate the victim.

Any land motor vehicle must necessarily be covered by liability insurance. Automobile, and this formula is the minimum requirement of any insurance contract. It is known in the insurance practice "in person".

The liability insurance for the vehicle even if it does not circulate. It therefore covers the damage caused to others by their drivers as well as by its passengers or guardian

Fact: Even the unauthorized driver (that is to say, not specified in the contract) is covered by this insurance. But the insurer can then turn against him to pay

Passengers also have a special status with regard to liability insurance. Indeed, she covers them for damage they may cause, but also those they personally may suffer.

May be compensated by the liability insurance?

The driver of the insured vehicle is not covered for injuries or damage it causes to himself. Thus, the damage to the insured vehicle are paradoxically not insured. This applies even damage to other property belonging to the driver.

This exception aside, the insurance covers almost everything else. Thus, it may indemnify such:

– The passengers,

– Drivers and passengers of other vehicles,

– Pedestrians, cyclists … ,

– Owners of damaged property (windows, walls …)

What are the legal requirements of liability insurance?

The absence of liability insurance of a vehicle is a misdemeanor punishable by a fine of € 3,750, which may be added to any other penalties provided in s. L 324-2 of the Highway Code. These penalties can range from the cancellation of driver's license and sentenced to community service and forfeiture of the vehicle.

Note: the insured also has the obligation to submit any request the insurance certificate of the vehicle, ie his green card.

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»Request a free quote auto insurance

The French are increasingly choosing to sustainable consumption. With the crisis, their new creed is "eat less but eat better." The year 2012 starts elsewhere in the gloom on the front of the consumer. The French have reduced their spending by 0.4% in January, INSEE announced Tuesday. This is despite the sales. A recent survey * Ifop, higher wages and purchasing power is a priority concern for 58% of French people (+ 7 points from August 2011) in the context of the presidential election. In addition to these concerns, the ideals of consumption in ecological hints are an echo in these times of crisis. A brief overview of the latest trends in cutting waste.

• Donations from individuals, to stop throwing

"Donation after donation, we change the world." Is the slogan of Freecycle.org, a global network of gifts between individuals born in the United States in 2003, which now has 7 million members in 95 countries. In France, it boasts just over 44,000 members. The principle is simple: users register for free on the site to enter into relationships with other individuals and to make donations and recovery of objects. With over 345,000 members, the site Donnons.org created in 2006 has never experienced the crisis. In February, over 9,000 people registered on the site, after more than 11,000 new members in January. "With the decline in purchasing power, our members are looking for an alternative way to consume, and want to give new life to objects instead of flooding the waste dumps," said Isabella Geist, moderating Donnons.org. For the poorest, this site allows free access to certain equipment. "Unlike associations, we function as a social network. Some people stay in touch after making a donation. "

The "comeback" the most spectacular remains of the knitting. Photo credits: Karine Image / Flickr

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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The commercial center of the Three Quarters, in front of the Madeleine in Paris, finding colors. C & A will move in March 2013 over Decathlon, hosted by the abandoned clothing store for men Madelios (Spring Group) a year ago. The Australian fund MGPA, owner of the building since 2009, has reached an agreement with the sign Germano-Dutch, who obtained all necessary approvals for its fifth store in Paris. "La Madeleine will be our new flagship, which will offer a younger, less traditional, to attract new consumers," says one at C & A France.  

This new formula will speak about 5400 m2, an area slightly smaller than that of C & A of the Rue de Rivoli or the Boulevard Haussmann online cash advance.

Renovations and expansion began in that outlet, situated opposite the spring, which will include codes store Velizy. This other concept of the sign refurbished clothing has "helped advance the traffic and sales," explained the group, without giving further details. After opening nine stores last year, bringing its network to 127 outlets, C & A opened this year between 13 and 14, in Angers, including Lyon and Troyes.

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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

Constellium officials selected by employees angry at the site of Ham (Somme), where the group wants to remove aluminum processing positions 127 to 200, escaped in the night from Friday to Saturday, it was learned union source.

Leaders, sequestered since Friday morning, "ran away", taking advantage of a "diversion" at the time of the visit of an officer of the gendarmerie about 2 o'clock in the morning to rush into an opening cut in a grid Site of manufacture of aluminum profiles, told AFP Merel, CFTC trade union representative (majority).

Among them was the president of this event for the world Constellium, Paul Warton, the director for France, Hervé Pelcerf and two leaders of the site of Ham. A fifth person, human resources manager of the site originally chosen, was released in the meantime by the employees, saidMerelle.

"Employees are disgusted by the attitude of management"

"A police commander came to see us, it was a meeting, and during that time, on the other side of the factory, they made an operation by cutting the fence and access to Brush the path payday loans. They were out there, the union said. Employees are disgusted by the attitude of management, "he said.

"There is no dialogue.We received no concrete progress "while the unions are demanding the continuation of the site and support a project of re-industrialization of the site, which received the value of an investment fund, but was rejected by Constellium, has he lamented.

Employees of the site of Ham, threatened by a social plan announced in February eliminating 127 jobs due to the shutdown of one of the two presses aluminum site, had enjoyed a visit Friday morning to Paul Warton the challenge of the future of their factory.

After a stormy meeting, the employees had left the factory had closed the gates with padlocks, locking the five officers who were at that time in the office.

Friday night, an attempt to mediate the sub-prefect had failed, the employees felt that the management proposal, namely to meet for negotiations Monday in a hotel about thirty miles away, was merely dilatory.

After two sessions of gains, the Paris Bourse off again into negative territory on Friday and leaves 0.6% to 3068.79 points in early trade. Yesterday, the CAC 40 was able to stay the course despite the announcement of a downward revision of growth expectations in the euro area by the Fed chairman, Jean-Claude Trichet. Investors heartedly welcome the details of the employment plan unveiled by U.S. President Barack Obama in the night. He introduced a bill on the release of 447 billion dollars for the Americans out of unemployment."This plan will give an electric shock to an economy that has stalled, will give confidence to businesses on the fact that if they invest and hire, there will be customers for their products and services," assured the U.S. president to members of Congress .

As in Asia this morning, traders seem to doubt the implementation of this plan. Its funding is already generating questions from Republican opponents could block a vote. Barack Obama urged them to adopt "immediately". The U.S. president also announced that it will issue on September 19 "a deficit reduction plan more ambitious."

The health of America's economy is strong markets. Any further announcement is expected with great excitement. Yesterday Wall Street has finished in the red after being disappointed by the vague speeches of Fed Chairman Ben Bernanke.The latter did not give details on the measures it would implement to support growth, as they waited.

Inflation slows in China

Still on macroeconomic, Japan has this morning reported a decline of 2.1% of GDP in the second quarter 2011 annualized. This is more than the 1.3% decline initially estimated. The main factor weighing on GDP has been the decline in exports (-4.9% from January to March).

In China, rising consumer prices, the main barometer of inflation, which had accelerated in recent months, slowed slightly to 6.2% in August. Industrial production is she up 13.5% in August.

On the agenda are Friday's industrial production in France in July and inventories of wholesalers in the United States.

As for currencies, the euro has stabilized under $ 1.40, to 1.3896 dollar.Oil rises on the other hand, supported by a surprise drop in U.S. inventories. In early electronic trading, a barrel of "light sweet crude" for delivery in October gained 23 cents to 89.28 dollars per barrel of Brent North Sea crude for October delivery 21 cents to 114.76 dollars.

Values ​​to follow

• TF1 (-4.3%), M6 (-2.25%) Bolloré (0.8%), Vivendi (-1.1%); NextRadioTV (-1.4%)

Chains react in a disorganized to take control of Direct 8 Direct and Star, two DTT channels free of the Bolloré Group, Canal +. The subsidiary of Vivendi will have three DTT frequencies. Be as much as TF1 and M6 more than the group which, in addition to the namesake chain, has only W9. For this operation, fully financed by shares, a stake Bolloré group Vivendi.

• Total (0.9%) signed the largest increase

The Anglo-Dutch oil group Shell said Friday that oil was discovered off the coast of French Guiana, during exploratory drilling at about 150 km off the coast.

• Sopra (1.81%)

The group announced the takeover of Delta, specialized in banking software. The transaction is expected to close in early October 2011, will be financed from existing credit lines of business consulting, IT services and software.

• Pierre & Vacances (-0.33%)

The group, which operates much of the accommodation ski resorts, opened 369 new tourist residences furnished this winter.

• ArcelorMittal (-1.7%)

The group will close as of October 3 for an indefinite period and the second blast furnace at its site in Florange (Moselle), according to a union source quoted by AFP.

• EADS (+0.8%) on the second step of the podium

The group said on Thursday not want to use all of its $ 16 billion (11.45 billion euros) in cash for acquisitions.