Apr 7




Airbus leads charge. Despite a poor start to the year, with a single command net in the first quarter against 88 for Boeing, Airbus announced the marketing of its new A320 NEO for 2015, a year earlier than originally planned. In a statement, Airbus sees this as a response to the "spectacular home" of his new device, which has earned "more than 300 commitments total [302, note]" since its launch in December 2010. The date of operation for airlines has been moved from spring 2016 to October 2015, said a spokesman told AFP. Investors did not react for the moment at the news.By late morning, the EADS, parent company of Airbus, has stagnated at around 21 euros.

Featuring new reactors, coupled with a new wing device, the A320 project NEO should reduce up to 15% fuel consumption on this family's flagship medium haul. So far the device continues to attract buyers. In early March, ILFC, the world's leading aircraft leasing subsidiary of U.S. insurer AIG, in particular, ordered 75 A320s and 25 A321s NEO NEO expanded model of the A320. At list prices, these units represent some 9.5 billion dollars.Certainly, ILFC has also purchased 33 Boeing B737NG, but it's a safe bet that his orders would have been more balanced if the Chicago group has proposed a competing bid to Airbus.

Soaring oil prices

For now, Boeing is considering a project to repower its B737 aircraft as sold in the world, but does not launch a brand new machine. Airbus, which was a time considered this possibility, had finally rejected, arguing that new technologies to develop the successor to the A320 would not be available until 2025.

But the European manufacturer has found the term too far away, at a time when companies seek to reduce their consumption of kerosene saving account payday loan."Rising oil prices put airlines under pressure in the short term, but also forces them to renew their fleets to long term," had found Louis Welsh, CEO of EADS in mid-March. Reacting to recent columns in our orders, he adds, saying "[have] made the right choice" with the A320 NEO.

Through this announcement, Airbus seems to drive a little over Boeing, which continues to accumulate disappointments. April 5, after the emergency landing, a few days earlier, a 737 with a hole in the cabin, the Civil Aviation Administration (FAA) has asked the operators using these old machines to conduct a battery of safety tests. A total of 175 aircraft will be scrutinized.In a statement from the FAA, Ray LaHood, the Transport Secretary has called the incident "very serious" and added that "further steps" could be decided later.

Setback

Also difficult not to see in this response to "the spectacular home of [her NEO A320]" Airbus will appear as a trustworthy partner. And this, while Boeing expects to launch its long-haul 787 Dreamliner in the summer of 2011 after three years of delay. Immediately after the earthquake in Japan, the manufacturer was concerned about a further delay, fearing that its Japanese suppliers – which produce 35% of the parts – can not deliver on time. But four days later, he assured that the facilities were still intact, and there would be no further delay.

At just over two months the Paris Air Show, the message is in any case clear: Airbus shows himself ready to cross swords.

Apr 2




That would set the palace Boulevard without the views of the courthouse in Paris or a woman without her honor police stations? Television and cinema are big consumers of scenery, and public places can provide many. However, until now, governments were very few or very poorly organized to meet demands.
Launched in 2007, the Agency Intangible Heritage of the State (FIPA) remedy, among other things, this deficiency. This structure is responsible for enhancing inter-owned assets and intangible quickly addressed the rental of certain buildings. "Barracks, prisons, hospitals and many other public places have a great interest film, recalls Claude Rubinowicz, CEO of FIPA.Demand is strong but it takes a real professional approach to this type of benefit. "

Thus, most jurisdictions now have a focal point for handling requests for filming. Many sites traditionally closed to this type of offer, such as ECOSOC or some sub-prefectures, took the opportunity to open up. To avoid mistakes, the agency has published guides that list the legal issues to resolve. It also has standard contracts and price indications. The game is worth the candle. The shooting day is priced from 300 euros for a simple, anonymous office until 5500 euros for a prestigious venue.According to the FIPA, most of these public sites are not used 40% of the time, which makes them easy to rent and the income from these shootings are completely retained by the authority which manages the site. The sumptuous Farnese Palace in Rome, the headquarters of the Embassy of France, for example, has removed 146,000 euros to rent a house for eight days shooting the latest film by Nanni Moretti with Michel Piccoli, whose output is planned for September . The check in question has fully fund an exhibition on site.

In 2010, public spaces have hosted some 150 shootings, including 51 on sites managed by the Department of Justice (courts and prisons in particular) when they were sporadic until then. As the Department of Defense, which has the largest property portfolio in France, it should also draw growing profits from its bases, barracks and grounds.In total, in 2010, filming for the state have generated 2 million euros of revenues paid to the government. What encourage new vocations of moviegoers in the public service.

Mar 29




The next rise in gas prices is confirmed. The Commission for Energy Regulation (CER) announced Monday it has given the green light to GDF Suez to raise its rates 5.2% on average from 1 April, as announced some weeks ago by Le Figaro. After the price increases already performed in April and July 2010, respectively 9.7% and 4.7%, inflation of gas prices is 21% over one year and even 61% Since July 2005, according to calculations by AFP.

The bill for 10.8 million households connected to natural gas should increase an average of 45 euros per household.The CRE said that for the 6.1 million consumers who use gas heating, the average increase will be limited to 4.9%.

Normally reviewed every three months, gas prices had been frozen since July 2010 at the request of the government after the two major increases occurred in 2010. The formula used to reassess the gas prices at each maturity was also amended at the request of the Commission for Energy Regulation, to reflect more accurately the costs of supply of GDF Suez, taking particular account natural gas prices. According to the CRE, the increase in first performed in April 2011 would have amounted to 6.5% if the previous formula was applied.

"Crushing blow"

Gas prices also depend on the evolution of those of oil, Brent and the euro-dollar parity.Today it is mainly the sharp rise in oil prices, which soared in the wake of the Arab revolution, to reach almost $ 120 a barrel, which explains the rising cost of gas prices.

In early March, the Energy Minister Eric Besson had estimated that the next rise in April would only serve to "cover increased costs of supplying gas to our country." "This increase of 5% generates no additional margin for GDF Suez," he assured. To fight against fuel poverty, Eric Besson had then also announced an increase of 20% of the tariff reduction granted to low-income households under the social rate of gas.

The consumer association UFC-Que Choisir judge his side a further increase of 5% is a "blow unacceptable from an economic standpoint."

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Feb 26




A real setback. Household consumption of manufactured goods fell 0.5% in January, according to figures released Friday by the INSEE. Other bad news, the jump in spending by French observed in December was revised down from 0.6% to 0.4%. The decline in January mainly due to the drop in auto purchases by 6.3% in January. In addition, purchases of textiles and leather fell 1.8% despite sales.

Cushioning the fall, spending on household equipment held up well, up 2.4% on the month "because of the dynamism of furniture purchases," said INSEE. "Other manufactured products", such as watches and jewelry, DIY and hardware rose 1.1% in January. These figures are "clearly encouraging", says Dominique Barbet, an economist at BNP Paribas."They are more in line with the strong confidence of business leaders found earlier this year with the declining morale of households freecreditscore."

Households increasingly fear a return of inflation, Insee said in the release of the index of consumer sentiment on Thursday. Involved, soaring oil prices which "the psychological impact is very important," as emphasized Alexander Law, chief economist at Xerfi. Particularly because it is a recurring purchase for households. "This climate of suspicion certainly attend a further drop in consumption over the coming weeks," said Alexander Law, chief economist at Xerfi."Without alternative sources of growth, French economic growth will suffer inevitably."

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Jan 26




A week after being suspended due to software piracy, the European Climate Exchange will not start to a trickle on Wednesday. The platform for exchanges of Paris, Bluenext, which handles about 40% of carbon credits exchanged for cash in the European Union, will not reopen, nor ECX London. Bluenext expects the market to be officially served the securities that were stolen last week. For it is a theft committed by breaking computer, this time, tarnish the CO2 market established in 2005, already tarnished last year by a wide VAT fraud.

On 19 January, a broker Czech warned the European Commission, coordinator of the market, 475,000 carbon credits, worth $ 6.3 million, had disappeared from his account.In total, according to Brussels, 2 million licenses (worth nearly EUR 30 million) were stolen by hackers from the registers Czech, Austrian and Greek.

The some 12,000 industrial sites in Europe subject to emission quotas of carbon dioxide (CO2) are enrolled in national registries. Companies that exceed their quotas can buy carbon credits (one credit = 1 tonne of carbon) while companies can sell virtuous.

"Restoring confidence"

Other actors, brokers, banks or even individuals can open an account on the register to exchange carbon credits for cash or futures (derivatives market) on various platforms like Bluenext. Protections computer half a dozen records are inadequate, found in Brussels."The Commission is finalizing the definition of minimum safety levels," said Peter Zapfel, Directorate General for Climate Action best payday advance. In France, Caisse des Depots et Consignations (CDC) is the keeper of the register, which, say several sources, was not attacked. "The market is shaken" by this new case, recognizes Keiron Allen, director of marketing for Bluenext, all players must restore confidence. " "But we must not forget that it works and it helps reduce emissions of greenhouse gas emissions," he adds.

Today, each tonne of carbon Virtual European market is identified by a serial number.A warning system would alert the brokers when loans are subject to suspicious transactions could be generalized, suggests there be in Bluenext.

Still in its infancy, the Exchange of CO2 must start its third phase in 2013, where the credits will no longer be allocated initially free but sold at auction. Brussels plans to bring together the twenty-seven national records in a single, more secure.

"If there is a market to watch, where the risk exists of Far West is that of CO2," warned last month Jean-Pierre Jouyet, the president of the Financial Markets Authority (AMF). That is why in the coming weeks Bluenext will officially become a regulated market, overseen by the AMF.

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Jan 23




Hu Jintao, Chinese President imperturbable, he appreciates the jokes? His state visit to four days in the U.S. has not given more keys to respond. But hopefully for Muhtar Kent, CEO of Coca-Cola. To welcome the move to Washington to host such a prestigious and powerful, the iconic boss had taken the trouble to learn some Chinese words.

At the end of his welcoming speech, he has embarked on a toast in honor of President Hu and his delegation intended to remind its guests the best traditions of their homeland. But far from the expected emotion, warm "Kanpai!" Earned him that sarcasm and laughter payday loans online. So good that he should start Mandarin "Ganbei!" Muhtar Kent, President Hu was greeted in Japan. The confusion between two languages powers close to war was a long time but obviously not very happy.

But, for his part, Hu also likes sometimes deviate from the beaten path of diplomacy. He returned to the press on the historic nature of his encounter with Barack Obama. "It was the first time I met a Nobel Peace is not in jail," he said.

Dec 24




Snow plays tricks on the euro. Christine Lagarde has missed an appointment Thursday with his German counterpart Wolfgang Schäuble, who was speeding at twice the site opened last EU summit: the economic convergence between Paris and Berlin and building the future "IMF" European.

Nicolas Sarkozy and Angela Merkel have promised to work in the early weeks of 2011 to greater harmony between France and Germany on the fiscal, economic and social development. The sixteen countries of the euro area have also pledged "to be finalized by March" plans of the European Stability Mechanism (SPM) in 2013 which will take over from the current interim bailout fund.

If the principle of convergence is acquired, the sensitivity differences emerge from the implementation, including within the Franco-German couple.The preparation of the meeting in Strasbourg, at first secret and finally canceled, provided confirmation: economic governance, the key fiscal and debt return to growth in Europe, Berlin and Paris keep opposing views.

"Strategic decisions must belong to the states and their leaders. To them the last word, "Christine Lagarde insisted Thursday, taking the French argument, in an interview with the daily Sueddeutsche Zeitung. Viewed from the German side, the European recovery would rather rely on an institution as independent as the Bundesbank is now under the joint control of national parliaments.

Loans Unlimited

This is the central proposal of a working paper of the federal authorities, including Le Figaro has obtained a copy.Berlin has denied it is a formal proposal, approved by the Chancellor, or even by Wolfgang Schäuble. But they have not denied the content. This is a trial balloon, intended to mark the position of Berlin before the eyes of fifteen other countries of the euro does not undertake before the real discussion.

Renamed the European Investment Fund Stability and Growth in the German version, the MES would be a parallel institution to the European Central Bank (ECB) in Frankfurt. By prior agreement of the Sixteen, it would normally have a capacity of refinancing "unlimited." It would provide "emergency" loans strictly conditioned to the euro countries in difficulty.

In return, recipient countries should give him the equivalent of 120% in senior secured (gold, securities of public companies, etc.)..On a voluntary basis, the fund would also proceed with the rescheduling of debts. If the question was allowed, this very policy confirms that Berlin "has a national interest in the sustainability of the euro".

But it marks equally clear that countries of the euro "should meet German expectations. (…) Is to Germany, as an economy of casting the euro area, it is up to be the anchor of stability. "In short, setting the tone.

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Nov 19




Stéphane Richard, CEO of France Telecom, took the podium Idate forum that brings together all the leaders of the telecom sector in Montpellier, to request the establishment of a "pricing of network usage Internet "that would be paid by content providers like Google, Facebook or Yahoo. "The use of the network needs to be priced, large emitters must contribute traffic based on traffic they send. It is an issue in relations between Europe and North America, said Thursday Stéphane Richard.

He explains that telecoms are "ready to carry out programs of heavy investments in fixed and mobile networks."But those investments must be based on "a balanced business model and a fair sharing of value between content providers and operators," insisted the CEO of France Telecom. According to Stéphane Richard, now, the giants of the Internet benefit greatly pipes installed by the operators. "The return on capital employed" for these new players in the Internet "is much higher" than the telecoms instant credit report. It is his view of "33% for Google, 18% for Apple and 10% for us, the incumbents'.

High revenue

Operators are more inclined to demand a cost-sharing networks quickly they will have to spend money to obtain licenses from the fourth generation mobile (4G).The telecoms regulator (Arcep) will launch the consultation on the future licensing 4G technology, which should take over the current 3G.

The government, which needs money, provided for a licensing in July 2011 to raise the revenue related – he hopes the highest possible – in the 2011 budget. But the political calendar does not match that of the operators, who feel they have no need for the moment these new frequencies. They are not especially eager to pay a high price while they are still investing in the new version of their 3G network and that they still largely sufficient to meet the needs of their customers.

Nov 10




No G20 has been so well prepared. But no G20 will, either, been so confrontational, so it comes at a key moment for the credibility of this forum of the twenty largest economies in the world. Revived by the Fed's decision to inject $ 600 billion of liquidity to support the U.S. economy, the war of tossed the exchange program Oiled Korean presidency, openly opposing the U.S., Europe and emerging countries payday loans.

Nov 7




For many commentators, the eighth day of mobilization against pension reform scheduled for today, Saturday, akin to a "symbolic gesture". For the eighth time in two months, the unions called for a new day of event: 241 marches are planned in the area. But skepticism weighs on the scale of the movement, now that the law was passed by parliament. The first six days of mobilization, including two held on a Saturday, have collected each time millions of people, according to unions, and around one million, according to police. But last October 28, following the vote marked a sharp reflux, with a peak split in half – 560,000 according to police, nearly two million according to the CGT-stop background of strikes, particularly in refineries.

In addition, differences on the effect of movement seem to appear between the unions.The CFDT, pessimistic, appears to outline a crisis while the CGT promises to go through. The number one of the CFDT, Francois Chereque, ruled Friday that the mobilization could now be "back" Nicolas Sarkozy, left to temper the enthusiasm of protesters. "On the subject of pensions, we will now move away slowly," he said on Canal +. "If I say today" we will roll back the president, "I do not think anyone would believe me. We say this, he dreams, "he added."We talked a lot about pensions because the government has accelerated the reform because of the crisis, now we return to the elements of the crisis: massive unemployment, youth unemployment, older, working conditions, the hardship, these are topics that will express in the coming months, "he said.

CGT: "A sequence that can not be that of renunciation"

The determination of the CGT remains rather intact. The organization will continue to mobilize, including whether the bargaining unit cracks, said its general secretary Bernard Thibault, Saturday, in L'Humanité. "Today represents a new high. There will be others. CGT will end up, "warned Bernard Thibault, who said" the movement is deeply installed in the country. " The secretary general of the CGT said that "laws are constantly subject to revision.""The social movement is entering a new sequence that can not be that of denial," he says, criticizing the fact that "some push for alternatives that are either, to give appointments to presidential elections, or to take for granted the rendezvous of 2013 set by the government to overhaul the pension system. "

The scope of the mobilization of Saturday will be scrutinized by the unions. It had reached agreement Thursday on a new "appointment" to mobilize between 22 and 26 November, the details of which will be set Monday. Government and unions have also staring at the Constitutional Council, by the PS, which must approve the reform by December 2.The President of the Republic may promulgate the law, which rejects 60 to 62 years the age of retirement and 65 to 67 years of age for a start at full rate, within 15 days of the downstream of Wise.

(With AFP)

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