Sundial of world news

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.

The drama of the Central Committee (IAC) of Air France continues. The institution which oversees 7 of 8 committees of institutions (EC) of the airline will have to find € 20.5 million to continue its operations in 2011 after having had need 15 million additional to survive 2010. The report of the representative ad hoc court in Bobigny, called the end of 2010 at the head of CEC gives an overview of a situation of near bankruptcy for several months, however, contradicted by the unions in charge of EAC. According to this document, including Le Figaro has obtained a copy, the institution has escaped bankruptcy in 2010 with Air France and its banks. "It is indisputable that the financing requirements of about 15 million euros have been covered with the help of Air France and three banks," he says so.

The first bailout was not enough, however, since the CEC will again have to find additional funds to avoid bankruptcy in 2011. The report indicates that "it remains necessary to negotiate with the banks of the EAC with a credit line to finance the needs of 2011, estimated between 11.3 and 14.5 million euros", "to amount must be added an estimated $ 6 million necessary for the replenishment of working capital, "so it's a total realizable assets of at least 20.5 million euros that will be reached.

Transfer of part of the heritage

To exit the institution of the rut, the report recommends a voluntary separation plan and the sale of part of the heritage valued at 121 million euros. According to our information, the site of Gassin on the Riviera could be sold quickly."Its ideal location, a few kilometers from Saint-Tropez, should enable us to draw a substantial amount," said a steward of the company fast payday loans. The report also calls for structural reforms and pointed out that subsidies to Air France (42 million euros per year) are "used up to 41%, the balance being used for the operation of the EAC." It is necessary "that the CEC is refocusing on its purpose, concludes the document to officials from Air France on holiday and not paying overhead." For the CEC to continue these activities, her office has requested "a liquidity facility" – ie an overdraft – 10 million euros of trade unions met in session on Thursday night. He lost his application. "It's a terrible muddle," says one shop steward. The grant of the first half has already been swallowed.We are awaiting the completion of workplace elections and the appointment of a new office to start from scratch. "

CCE Air France has been the subject of an audit in 2009 that criticized its management and in particular "purpose personal expenses" of its leaders. He then underwent an investigation by the financial police who was interested in possible wrongdoing. Nothing has been proved. In September, the auditor who wrote a "warning report. Despite this progressive decline in the bankruptcy, unions still deny any situation of insolvency. In a press release issued Thursday, the office of the CEC is pleased to have maintained "a CCE in working order and have laid the foundation for its reconstruction." And conclude that "the CEC has survived the turmoil of 2010 and continues to function."

ALSO READ

"Storm Over Works

Since February 1, it costs a few cents more for road tolls. On Tuesday, the price of train tickets which undergoes an increase of 2.85%. In both cases, among the reasons given to justify the rate increase include the funding of forty unprofitable rail lines, known as "trains balance of the territory".

These lines, the SNCF is required to serve on behalf of its public service mission, lost each year about 200 million euros to the company. For several years, SNCF is therefore seeking public support for their operations.This has been done since December 2009: the state has pledged an annual compensation of 210 million euros for three ans need a personal loan with bad credit.Un investment that will "sustain a vital public service for the balance of the territory" and "to meet the guidelines of the Grenelle environment," says Thierry Mariani, Secretary of State for Transport.

Offset a structural deficit

"The 210 million will compensate for a structural deficit with the objective of maintaining all these lines," said a spokeswoman for SNCF. This amount will be financed mainly by taxes on the station but also on the motorway companies, via the "Tax Planning".

"Wages, bonuses, working hours … an inventory edifying

"Read report (pdf)

The Court of Auditors is preparing to publish a highly critical report on the Great Sea port of Marseille. In this document, including Le Figaro has obtained a draft, working conditions and remuneration enviable some of its employees and the situation of "social blockage" of the harbor is culprit. The final report will be published on February 8. His revelation comes in the open social conflict: Tuesday evening, the negotiating meeting on the consideration of the hardship in the business of cargo handling between the CGT Union ports and management companies handling nothing given.

Violence without consequences

Drivers of cranes and gantries, key employees of major seaports, under the port reform passed in August 2008, should be transferred to the private sector do not work effectively as 14 hours per week and 12 hours Fos Marseille, given the organization by teams of two drivers for a crane or a gantry, absences and the rule of "finite-party", the report of the Court of Auditors. Their monthly salary is between 3500 and 4500 euros net, including gratuities, still illegally paid by the stevedoring companies despite a call to order of the Court in a previous report. However, only the Italian ports of La Spezia and Genoa are experiencing lower productivity than Marseille.The implementation of the reform should allow "seriously consider organizing handling to restore the GPMM every chance in the competition in terna tional," said the Court.

For, although it recognizes the comparative advantages "undeniable" port of Marseille, positioned on the route between Asia and Europe, and particularly easy to access compared to some competitors, the Commission stated that " except in the cruise, he continues to lose market share m ar payday loan. For judges, "one of the key factors, if not the main, this decline is due to the insufficient reliability of the port, due to a deteriorating social climate, with alternating periods of calm and crisis, often violent, in a context where a union (the CGT, Ed) dominates all others. "And, faced with this situation, judges link "a commitment to reform disintegrating too often, particularly for lack of sufficient determination of the authorities of the State, facing a social crisis and the extreme tension that accompanies" .

The report notes the position of watermark fluid and not always consistent authorities in the bidding of the CGT, which led to an inextricable situation."There are shortages at the port of Marseille that applies to the normal rule of law, where everyone takes his role in the economic and social debate, but where the limits of democratic debate are not crossed," said the judges, who insist conclusion "to the leaders but also guardianship GPMM departmental and local representatives of the state to penalize or punish do, drifts accompanied by violence, including systematic complaining!

In a power struggle often unfavorable, port officials have not always been of the prosecution of violence which would have deserved and have often yielded to the bidding union.

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.

The management of Bank of Americaâ may be the need to worry. The revelations promised by the founder of Wikileaks, Julian Assange, on "a major U.S. bank" could affect their property. The site manager specializing in information leakage had declared in October 2009, the magazine Computer World, he had "5 gigabytes of data from Bank of America, the hard drive of one of its leaders." Although it seems unlikely that these documents be released two years later, the speculation went well underway yesterday. And U.S. investors have deemed credible. Result: the title of suspected U.S. bank backed off over 3% Tuesday to close on Wall Street.

According to the founder of Wikileaks, the revelations would be worthy of those who led Enron.In an interview with Forbes magazine, Julian Assange said that "the shock wave will be the same. Violations of the law, unethical practices will be disclosed but also the functioning of the internal structures of decisions and the ethos of bankers … and it has an incredible value. "

Former hacker intends to denounce the "unethical practices" through the dissemination of thousands of incriminating documents. "We must be careful not to stick a label offenders to people before being quite sure, however, said the founder of the site.

In the name of transparency, Wikileaks intends to denounce the facts and encourage their shift. His publications on the war in Iraq or those on American diplomacy has already had repercussions worldwide. Remains whether the developer of embarrassing truths may also upset the world of finance.

ALSO READ:

"Wikileaks also targets banks

"Continue Wikileaks, a difficult task ahead

"HOT -" It is an exaggeration to speak of diplomatic / 11 "

"The strange gentleman-PORTRAIT Assange

"Wikileaks, an efficient machine scoops but opaque

Between Christine Lagarde and Baroin, many in recent weeks, trying to play the theme of a "Trading Places". Some imagined that Bercy hitherto divided between an economic hub and a center budget would be merged back into one entity, forcing one of the two to give place to another. Finally, it has not happened. Christine Lagarde Minister remains the Economy, Finance and Industry and Baroin retains the post of Minister of Budget and Public Accounts. The latter – which is depicted as prime minister until recent days – inherits the passage of a nice consolation prize by being named spokesman for the government.

The cohabitation between the two ministers will therefore continue until the end of the quinquennium. For better or for worse.For one, the other who have hitherto shown little of great complicity, will have to come together on one of their shared jurisdiction, taxation. They will be responsible for carrying out one of the last quinquennium of economic reforms, politically delicate: the abolition of the tax shield and changing the tax on capital. Two faces for reform? This is one of the many oddities of the administrative division of Bercy in two: Christine Lagarde is responsible for tax policy and Baroin as boss of the Treasury, is responsible for collecting the tax. Both will also have to find the right partition to manage the French public finances at a time when the debt crisis threatens the entire euro area.For if Baroin is responsible for the purse strings is Christine Lagarde, who defended France in international fora, in particular the Eurogroup …

The choice of the latter to maintain its position has just imposed on the head of state for these international issues. In upholding it, Nicolas Sarkozy made the choice of security in a time when France takes over the presidency of a G20 very divided on the issue of exchange. After a slow start, Christine Lagarde – former corporate lawyer in a U.S. firm – has emerged in these summits as a skilled negotiator able to find compromises in the most delicate moments. More comfortable in English than in French, she has forged in three and a half years, ties with foreign counterparts who respect it.The renewal yesterday of a woman who until 2005 lived in the United States and made a career in private, it will include in his way, his name in the Pantheon of Bercy. When she leaves the department in May 2012, it will go down in history as the Minister of Economy who had the greatest longevity in that post under the Fifth Republic to Valery Giscard d'Estaing and Pierre Beregovoy. Performance significantly, whereas during the last fifty years finance ministers remained on average eighteen months in office. At a time when many criticize the lack of real change in this new government, then the status quo is rather to emphasize …

Besson, Lefebvre, Lellouche and Tron join Bercy

Alongside Christine Lagarde, Eric Besson is appointed Minister of Industry, Energy st in the Digital Economy.The Minister of Economy will also be assisted by two Secretaries of State, Pierre Lellouche and Frédéric Lefebvre, respectively engaged in foreign trade for the former, while the second will deal with the Trade, Crafts, SMEs, tourism and services, the Professions and Consumer Affairs.

Baroin him, retains the Department of Budget, Public Accounts and State Reform, and sees its expanded portfolio for the Civil Service. It also caps the cap critic of the government, and leaves as president of the UMP, which amounts to Jean-Francois Cope. Georges Tron, which remains Secretary of State for Public Service, it is now attached.The job joins the portfolio of the new Minister of Labour and Health, Xavier Bertrand.

ALSO READ:

"VIDEO – Christine Lagarde, a" UFO Politics "at Bercy

"A new government enshrined the right for 2012

In Pictures – The main incoming and outgoing

How Fillon has won the battle of Matignon

»YOUR OPINION – Do you approve the renewal of François Fillon?

"Borloo resumed his" freedom "

"The opening page is turned to the left

"Herve Morin criticizes a lack of" pluralism "and" balance "

"The Anne-Marie Villepin Montchamp for Solidarity

"PICTURES-Juppe, a rich and eventful career

Jean-Francois Cope gets the leadership of the UMP

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.

In Portugal, the government and the opposition finally reached an agreement Saturday on the budget for 2011, marked with the seal of the rigor and necessary to restore as quickly as market confidence. Pledging to abstain from voting on Wednesday of this project, the Portuguese opposition ends several weeks of impasse that has raised fears of a financial crisis and political crisis. In late September, the Socialist Prime Minister Jose Socrates had even hinted that he might resign if the budget is rejected.

Negotiations that took place under pressure from investors as the European Union. In late September, the Portuguese rate in the wake of the obligations Irish had indeed reached peaks, exceeding 6.5%. The markets just sanction the government's inability to contain the slippage in public finances, amid sluggish economic growth.Beyond the 7% interest, the finance minister warned in mid-October that Portugal would be forced to resort to using Twenty-seven, in the image of Greece a few months earlier.

To fulfill the commitment made by Jose Socrates of Portugal to reduce the deficit of 7.3% of GDP this year to 4.6% in 2011, the draft budget to impose many sacrifices to Lusitano. Among these measures, a VAT increase of two percentage points to 23% cuts of 5% to 10% in salaries of civil servants, a questioning of tax deductions on health spending, education or housing …

A vote on first reading of the budget is scheduled on Wednesday in Parliament.

Click on the thumbnail to enlarge the graphic.

It is a major turning point for Microsoft. The giant does not hesitate to invest hundreds of millions of dollars in the launch of Windows 7 Phone, its new operating system for smartphones. Thursday, Steve Ballmer, CEO of Microsoft, is in Paris and take the opportunity to see the operators. Phone Windows 7 is "strategic. It enjoys support comparable to a big launch at Microsoft, like Windows, the Xbox or Office, "says Nicolas Petit, head of marketing division in France.

The stakes are high. Microsoft needs to catch up with Apple and Google, which have delighted his second place worldwide in three years. In addition, mobile internet tomorrow exceed the fixed Internet, Microsoft's turf.The mobile phone has already attracted 5 billion users worldwide and is growing rapidly for access to the Internet. While the PC has won "only" 1.5 billion users.

Steve Ballmer has taken over the case after the forced departures of Robbie Bach and J. Allard, patrons of the consumer division. According to his promise, "Windows 7 Phone will change the user experience." On its release, Windows 7 Phone will be used in 5 or 6 smartphones "proposed by Samsung, HTC, LG and Dell," says Nicolas Petit. A dozen aircraft will be available in late 2010. South Korea's LG has already shown in early September, its first Windows phone unit 7. Even Nokia, the world of mobile, could adopt this operating system.Moreover, it is the former head of Microsoft's business activity, Stephen Elop, who became the new boss of Nokia.

Unify the social networks

Windows 7 Phone is a real breakthrough. The touch screen is similar to the iPhone, even bigger and the presentation has been unified. Large tactile buttons are used to make calls, choose a contact, surf the Internet to purchase content (games, music, video), email and unify the use of all their social networks. Windows 7 Phone aggregating services like Windows Live, Facebook, Flickr, Twitter, Viadeo without needing to download the application. All other services are also available as Microsoft Bing, Office, Xbox Live, Messenger, and Zune. "The specification shall be binding on the phone manufacturers.The hardware and software will be the same in all Windows phone, which will help to ensure the same experience for users. This will avoid falling into the Android applications which differ from one mobile to another, " Nicolas Petit said.

The challenge for Microsoft is clear. Then he had a 29% market share worldwide mobile operating systems in 2008, it holds only 5%. Microsoft has suffered a wave of iPhone and Android Phone. Neil Mawston, director of mobile at Strategy Analytics, said that "Windows 7 Phone should help Microsoft improve its market share in 2011. But this is not the iPhone killer. " Experts are divided on the chances of Microsoft back in the race for smartphones. According to Carolina Milanesi, an analyst at Gartner, "Microsoft needs to build an economic model to attract individuals.In addition, for manufacturers, the choice of Android is paying off. " Because Microsoft charges the manufacturers ten dollars per operating system while Google Android and Symbian to Nokia are offered. But "then it is Microsoft that will manage all new versions of the operating system, representing major savings for handset manufacturers," explains Nicolas Petit.

Throughout its history, Microsoft has never been the forerunner of the great revolutions, but then he managed to prevail in Internet browsers and games. He is also working to catch up on Google in the search engines with Bing.