Sundial of world news

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".

"Solidarity and competitiveness are two sides of same coin." Angela Merkel has set Friday, his conception of economic and monetary union, and addressing an audience of business leaders has been its register closer to management than to the lyrical. While she stated emphatically that "the euro is our currency, and much more than money, is Europe today. If the euro broke out, the whole of Europe that would break out. "

But after this preamble, the Chancellor declined very clearly what was meant by a single currency for a community of states. "It does not constitute an average match but the most efficient," she said. Analyzing the different phases of speculation in recent months, she believes that "there is also speculation that is based on the real causes that must be fought."Take the evil at its root, the least competitive and most indebted countries must put their own houses. Angela Merkel gave no details on the possible strengthening of the European financial stability under consideration, ie on the issue "solidarity."

British support

However, it was very explicit on the competitiveness aspect. "We must give a strong signal (markets) in debt and competitiveness," she insisted. "It is not possible to have a single currency and social systems differ.The retirement age should be the same everywhere, similar research efforts, the same sense of entrepreneurship cash advance loans… We're not competitive enough in Europe. "

Referring to the agenda for the French presidency of the G20, it stressed a point that does not figure among the priorities, namely the conclusion of the Doha Round negotiations. "Free trade is the basis of growth worldwide," she said. And it's not for nothing that she has joined the very free-swinger David Cameron, the British prime minister, to ask for concluding the Doha trade negotiations this year.

It's a completely different context than the leader of the British government manages public finances even more onerous than the euro area."This is a question of national sovereignty," acknowledged the Chancellor of the Exchequer, George Osborne, recalling that his country will show the deficit this year the highest in the G7.

That is why David Cameron is quite proud that his country has kept its AAA rating from rating agencies. Upon taking office in May 2010, "the United Kingdom was equivalent status to that of Greece and Ireland, we are now out of danger zone." He sees it as a tribute to his strategy of "pro business".

Its budget strategy reordering of accounts, "for three quarters of spending cuts and a quarter of tax increases." Good prince, Cameron hopes that "the euro to succeed. Britain is a keen interest while 44% of its exports to the euro area. "

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 euro started 2011 on a slightly downward trend. The single currency, which now circulates in seventeen European countries – Estonia is part of the euro area since 1 January 2011 – suffers from both the persistence of tensions on debt in Europe and a resumption of dollar .

The greenback resumed gradually colors, including through macroeconomic figures better than expected. "A series of increases in the U.S. indicators were induced to buy the dollar," said Yuichiro Harada, Mizuho Corporate Bank. Like to manufacturing orders rebounded 0.7% in November, while analysts expected a further decline."The market is now scrutinizing the employment numbers," warns the specialist.

As for public finances in the euro area, there was no bad news since the beginning of the year, but risk aversion remains strong. In recent weeks, rating agencies (Moody's, Standard and Poor's and Fitch Ratings) have placed several countries, including Portugal, Spain and Belgium on negative watch, implying a deterioration in their actual sovereign rating within weeks cash till payday. In Europe, Portugal, Greece or Spain will borrow on the bond markets and governments put in place, the chain of fiscal austerity measures. Latest, the United Kingdom, the VAT increase to 20%, more than in France.

Currently, Chinese Vice Premier Li Keqiang, continues its three-day visit to Spain, to demonstrate its financial support to countries.

The euro under $ 1.30 soon?

Thus, this Wednesday, one euro is worth just under $ 1.33 to 9.30 to 1.3268 exactly (-0.33%). This downward trend taken by the euro since the beginning of the year should continue in the eyes of most economists who see the currency below the $ 1.27 by the end of the first quarter.

The statistics of job growth in the third quarter of 2010, that just made public the ACOSS and employment center, go in the same direction: between July and September, France has continued to create jobs but at a level slightly lower than months. According Pole Jobs, Jobs merchant rose 0.1% in third quarter (against + 0.1% + 0.2 in the first and second) or 20,200 new jobs (33,600 + cons in the second). Over one year the increase was 92,200 jobs. The ACOSS, which includes in its statistics data from very small companies – against the more than 10 employees, only employment center – is more optimistic because it is estimated that 0.3% growth in payroll employment in the third quarter (the same rate as before, but three times higher than the first), or 53,000 new jobs (8000 months in the second quarter)."We are still in phase of the crisis," Judge Pierre Ricordeau, the CEO of ACOSS. Twelve-month rolling basis, the economy created 117,000 jobs.

The data segment are broadly consistent. In both cases, the industry continues to destroy employment but lesser extent than during the crisis and the previous quarters. And tertiary sectors, boosted by the Acting endlessly create new positions without reverting to its pre-crisis record. However, their statistics differ in the construction sector, whose development is slightly positive in the third quarter for the ACOSS but negative for employment center faxless cash advance. A difference however did not affect the annual evolution that continues to decline in both cases.

Impact of the end of the device zero charge

The slight shift does not mark a trend reversal."There are no indicators that show short-term break, Alain Gubian analysis, the head of ACOSS Statistics. The slowdown in the third quarter on job creation is in part due to anticipation of the branches at the end of the previous end of measure zero charge that allowed small business to hire an employee without charge for one year . Recruitments thus have simply been shifted. "The fourth quarter should also, in his opinion, be in the same order of magnitude.

Employment center has unveiled its next evolution of its estimates of unemployment and employment for 2011. Under the assumptions of growth, price developments and the average wage, the number of job seekers would fall into category A of 9000 to 94,000 (and 19,000 to 109,000 for the ABC) next year.As for total employment, it will grow at the worst of 53,000 jobs and more than 138,000.

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While Apple iPad promises to be "the" Christmas 2010, the multimedia tablet arrives in stores operator Orange.

Until now, customers could buy French on the web in Apple Stores, Fnac, Surcouf, some Carrefour, Leclerc and Casino between 600 and 800 euros.

With the grant from Orange, the price of the iPad 3G falls to 279 euros when purchased with a dedicated package, revealed Monday Stéphane Richard, CEO of France Telecom, Business on BFM.

Orange will offer two packages. One to 35 euros per month, with a commitment of 24 months including 2 GB / month, unlimited WiFi hotspots Orange, unlimited e-mails (including attachments) and unlimited WiFi access at Orange TV . It should offer a second package at 31 euros a month for 1 GBOrange customers will receive a 15% discount on these rates.

SFR and Bouygues in negotiations

Orange is the first operator in France to announce the marketing of the tablet. Not surprising because the French had so far been an excellent distribution channel for Apple iPhone with 3.25 million units sold (including 2.6 million in France), Orange is the second largest seller of the iPhone world behind the U.S. ATT. The French group still expects to sell one million iPhones for Christmas, including well over half in France. However, Orange does not reveal the amounts of iPad he managed to get from Apple.

Beside the iPad, Orange will also offer other tablets: the Samsung (Galaxy) for Christmas and later two other tablets, Huawei and Archos.

Its competitors SFR and Bouygues Telecom are themselves still in negotiations with the firm at the apple.If SFR also hopes to have the iPad for Christmas shopping, Bouygues Telecom does not think the market before 2011.

Because as always with Apple, negotiations are tough. "The demands are huge for Apple. It requires operators of sales volume commitments hallucinating. And also requires very high levels of subsidies, "says an analyst. Apple has not met its sales targets, so it now requires operators to help them. "

It will not be so simple for Apple to get rid of operators, although considering developing its own SIM card. "Whether the iPhone or iPad, if there was no grant of financial operators, Apple would sell a lot, lot less.So the balance of power between Apple and the operators are not quite as lopsided as you might think, "said Stéphane Richard.

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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.

Already identified an average of 3.4% on August 15 this year, electricity tariffs will be familiar with another increase. Budget Minister Baroin confirmed Wednesday morning at the microphone on Europe 1 that a new price increase of 3% is expected for early 2011 to finance the takeover by EDF of solar electricity at a rate higher than the market.

The government had already accepted a few days ago, an amendment to raise the tax so-called "contribution to public service of electricity" (CSPE), whose mission is to support sustainable energy development under the Grenelle environment. Under this amendment, the fee may increase from 4.5 euros to 7.5 euros per MWh from January next paydayloans.Those are three euros to add to an overall price per MWh set at 93.1 euros by regulation, an increase of just over 3% tariff.

If this increase is intended to relieve the finances of EDF, it may however prove to be very unpopular. The increase in electricity prices is over 6% in six months, the biggest increase in three decades.

The title of EDF, it was among the three largest increases in the CAC 40 on Wednesday morning at the opening, with an increase of 1.36%. The CAC 40 lost 0.69% on his side.

Economists had expected worse. U.S. growth amounted to 1.6% in the second quarter, according to the second estimate of the Department of Commerce presented this Friday. A figure down 0.8 points from the first estimate and that betrays the slowdown after growth of 3.7% in the first quarter.

The difference is explained by taking into account the last calculation, external trade, the main weakness of the U.S. economy. "The slowdown reflects a sharp increase in imports," said Department of Commerce. The end of the replenishment of stocks by enterprises has also contributed to the resumption of breath.

More details to come …

Monday, Le Monde has turned a page of his story in a calm atmosphere. Once is not custom. Upon completion of the supervisory boards of the World, offers the trio Pierre Berge, Xavier Niel and Matthew Pigasse ("BNP") received 11 votes. The other nine votes abstained. Employee representatives had 9 votes, and Louis Schweitzer, Chairman of the Supervisory Board, which made the difference in making its voice and that entrusted to him by Claude Perdriel, boss Le Nouvel Observateur and unsuccessful candidate for the resumption of the World.Louis Schweitzer has done everything to ensure that The World is lost in a new crisis between the employees and field representatives (Lagardère and Prisa, La Stampa, Pierre Lescure, Jean-Louis Beffa …).

Over the weekend, in the daily columns, he emphasized the seriousness of the financial situation and warned: "I hope there will be convergence." At the end of the supervisory board, Gilles Van Kote The president of the Society of Editors (RS) welcomed "the gesture of a great lord of Claude Perdriel, which withdrew its offer and voted for its competitors. On Monday morning, Claude Perdriel and Orange announced they were withdrawing their offer, drawing the lesson of the plebiscite of employees of the World for the trio "BNP".Into effect on Friday, the different societies of staff (Le Monde, Le Monde Interactif, Telerama, Courrier International, employees, managers …) have spoken overwhelmingly (between 80 and 91%% for the Society of Editors of World) for the trio Pierre Berge, Xavier Niel and Matthew Pigasse. After the vote, will open exclusive talks with the trio BNP. Beforehand, prospective buyers are, as they had committed 10 million euro move before July 5 to cross to Le Monde's financial deadlines July 10 and have enough money to take all summer ."Then, in late July or early September a new supervisory board will endorse the negotiations and the deal should be finalized in late September or early October," said Gilles Van Kote.

Negotiations with Lagardère and Prisa

In total, Pierre Berge, Xavier Niel and Matthew Pigasse provide 110 million euros. Therefore, they will control 64.65% of capital. For the first time in the history of the world, workers will abandon the majority stake and control group. The trio "BNP" had taken the measure of the importance of this decision. That is why he insisted on preserving the editorial independence of publications group. Better, it should make a gesture in their favor.Pierre Berge has promised to create a foundation with 10 million euros destined to gradually increase the share of employees to 33%.

With other shareholders, Lagardère and Prisa, also diluted, dialogue should engage. Following the recapitalization, Lagardere will have only 5.86% of capital, and Prisa 5.1%. Lagardère cons grin and heart. In the vote, he refrained. "This is a position consistent with what we've always said. We did not oppose the rescue of the World while taking care to safeguard our interests, "responded Khiroun Ramzy, the group's spokesman. However, Lagardere clearly leaning in favor of the trio Perdriel, Prisa, Orange, with whom he had begun negotiations for the acquisition of its stake in the holding company and Le Monde Interactif. In total, he was to receive nearly 40 million euros. The trio "BNP", everything remains to be done."The investors must now specify their intentions. Everything depends on the proposals they will make us, "adds the group. However, the trio "BNP" remained unclear. If he says he must "return to the activity in the digital world", it does not specify the amount he is prepared to pay to redeem the 34% of Lagardère in Le Monde Interactif.

The other loser is the media giant Prisa Spanish. The group led by Juan Luis Cebrian came late in the battle alongside Claude Perdriel and Orange. He has to defend its interests in the holding head. But his stance in favor of an issue of the daily morning have undermined his bid.

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