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Paris Has it been too sure of his strength? There is just one more year, the possibility of relocation was seen as a joke by the City Council. At the point of not meeting the requirements of the French Tennis Federation, eager to expand the site of Roland Garros in order to accommodate the public, partners and media in better conditions, and to demand a fee from astronomical 2016 (the current lease expires in 2015). "There is a Roland Garros. There is no other. It will be more if it leaves Roland Garros Paris. The love story between Roland Garros and tennis is necessarily the Porte d'Auteuil, on the current site (…) I'm really a city tour to the suburbs but frankly what belongs to Paris is Paris.Roland Garros as the Eiffel Tower is part of Paris, has just recently told Jean Vuillermoz, Deputy Mayor of Paris, in charge of sport in a whiff of superiority. Faced with this situation, the TFF has decided to react by putting Paris in competition.

A hotly contested competition
A bluff? Initially judged as such, the call for entries is taken very seriously. Three suburban sites are then selected to host Roland Garros: Versailles, Marne-la-Vallée and Gonesse. The quality of records that are pushing the proposed FFT to seriously consider a move. "Attitudes have indeed changed," admitted the director Roland Garros Gilbert Ysern, whom we asked last November.Under pressure, the Mayor of Paris reacts through Bertrand Delanoe, who tabled a "vow on the development of the Tournament of Roland Garros in Paris" fulfilling all the wishes of the original Federation. Extending the area of 60% (5 hectares), covering the Central, the construction of a new 5,000-seat stadium, a new concession for a period of 99 years and a charge down the figure indexed business.

An eminently strategic
By choosing to stay in Paris, the FFT would be the choice of conservatism. A choice of heart more than reason? So says Hervé Dupont, executive director of the Plaine de France, holder of record of Gonesse."Either the Federation made the strategic choice to remain in Paris for convenience, for fear of change, because it costs him a little cheaper … Either it moves and in this case we believe we have the best project." Leaving the historic site Auteuil would especially at Roland Garros to catch up and even take the lead, on the other Grand Slam tournaments (Wimbledon, U.S. Open and Australian Open) in terms of area (over 30 hectares). Pragmatic, Guy Forget is rather favorable to offshoring.

An opinion that disagrees obviously not John Vuillermoz: "Is that what is important is the space, the number of acres? Does the importance of this tournament is not elsewhere? The goal is to get better. There will be an opening to a new space, a new short 5,000 seats. A lawn will replace the short No. 1, which is not beautiful.This will allow spectators to picnic before a large screen that will broadcast all the matches. This is what will stay at Roland Garros in its box, while remaining accessible to the greatest number. This is not just about square meters. "

Dissension
Unlike Gonesse and Marne-la-Vallee, where the political will to welcome Roland Garros is unanimous, the case of Paris, like that of Versailles, is facing some dissension. "We are a democracy, everyone can express themselves. You say there is no opposition would not be true.Now, democracy is majority and in this context, the Paris council has spoken: 12 councilors voted against and 141 voted for! After the Greens, who voted against the Olympic Games in Paris, which are against the top-level sport in Paris and that the residents of the Porte d'Auteuil want to stay together and not to involve the mass is their problem … But the great mass of the Parisians is favorable. All the polls show, "says Jean Vuillermoz, reminding us that Paris can count on support from the weight, partners and sponsors.

Sponsor support historical
BNP Paribas, whose brand is associated with at Roland Garros for 37 years, is actually very clear about this: "We support the continuation of the tournament in the capital. We believe that much of the prestige is that it is in central Paris.Whatever the qualities of offshoring projects, they would not have the same influence. "Same story from Alain Afflelou:" Roland Garros is a prestigious tournament that counts a lot in terms of public relations device. Currently, it is easy to reach, it will be more complicated than 35 km … "Favorite, File Paris nonetheless threatened. Not sure he collects 66% of votes of the 195 voters of the Federation for its victory on Sunday. He could well find themselves with ballot Versailles (the most dangerous rival?). The two finalists then the tie would be within three months, an absolute majority, at a new General Assembly …

The Paris plan:

This could be a consequence of the reform of the taxation of wealth: higher taxes on capital gains realized on the sale of stocks, bonds, mutual funds. That is to say capital gains securities. Millions of French are so concerned, because the famous transfer threshold below which households could escape taxation is removed.

Through 2010, individuals who were making less than 25,830 euros in sales per year paid no tax on capital gains. Suffice to say that the exemption was the rule, most 5 to 6 million small shareholders selling for less than 25,830 euros per year. According to statistics presented by the Bercy parliamentary working group to consider the tax reform, only 153,000 households in 2009 paid a tax on their gain security.Only this small number of households has actually suffered the latest increases in taxes and social charges (the puncture from 29% of a capital gain in 2008 to 31.3% in 2011).

Starting this year, the tax is general, whatever the amount of the transfer. The department wrote himself in his paper presented to the Working Group: Due to this measure, "the number of taxpayers is expected to increase dramatically."

In this context, the temptation of some lawmakers to increase taxes on securities concern. "To finance the tax reform of heritage, it must, among other things, raise the draw in excess of 31.3%, advocates centrist MP Charles de Courson.An option also defended by the UMP Michel Piron that even considering that capital gains are taxed at the tax schedule on income, the marginal rate scale which rises to 41%.

Unfavorable to these solutions, Gilles Carrez, the rapporteur UMP budget to the Assembly, calls him for not coming into force of an advantage to come: "It is anticipated that from 2012, capital gains securities held for six years and older receive a discount of one third each year. This amounts to a total exemption in 2014. Remove this device that destroyed the tax base. "

The horizon darkens

Nothing is decided yet. "But these trial balloons are concerned about our customers. The French fiscal instability is a real problem, "says Cyril Valentin, a lawyer at Freshfields."For the wealthy, the issue of tax exile arises again," adds Sandy Quilici, director of engineering heritage to the bank Pictet. And for good reason. Always according to statistics from Bercy, stocks, bonds and other social rights represent between 67% and 68% of the assets of 100 000 French richest (by income or wealth).

Certainly, there is exemption scheme which does not seem threatened: the leaders selling their shares for SMEs to retire. "But the conditions for benefit are numerous, so this exemption is far from covering all cases. And especially not that of young entrepreneurs, "says Nicolas Leclercq, a tax credit to the North. In short, for most, the horizon may darken.

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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Tenants can expect to see their rents adjusted upward. The benchmark rents (IRL) reached 119.17 in the fourth quarter. Over a year, so it increases by 1.45%, according to figures released Friday by INSEE, the French institute of statistics. A large increase, the highest in almost two years.

In the first quarter of 2009, before the index indeed taken by 2.24% over the same period last year, before seeing his slow progress to become negative in the fourth quarter of 2009 (-0, 06% a year). The benchmark rents became positive again in early 2010, gradually increasing each quarter. Calculated according to the index of consumer prices excluding tobacco and rents, the increase is explained by the return to higher inflation which took 0.5% in December and was up 1.8% over one year.

The IRL introduced in February 2008, is the basis for the review of residential rents by private owners no fax payday loans. The landlord's contract provides an annual review of the rent – either on the anniversary date or at a chosen date with the tenant – can increase the rent based on this index. The increase may not exceed the change in the IRL. The increase will be 1.45% maximum, for leases entered into in the first quarter, the benchmark index to take into account each year to calculate the rent increase since the last published before the date of signature of lease.

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It is a positive sign for the labor market. Accenture plans to hire by August 2011 60 000 people worldwide, including 1,400 in France, "in response to growing our business," said Myriam Couillaud, HR Accenture in France. In 2010, Accenture France had recruited 800 new employees, nearly half as much!

Half of recruitment in France for young graduates. Good news for them, the board has traditionally been seen as a first experience of the trainer. The industry gives them the opportunity to work within international and multidisciplinary teams on missions ranging from strategy consulting to implementation of the recommendations advocated. Specifically, the company recruits on its three core businesses: consulting organization and strategy, and technology consulting and systems integration, outsourcing.

Searched profiles? BAC +5 (engineers, business school, university) and experienced consultants for the trades councils, bin 2-5 in the IT professions.

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Turn the page that was white this year 2010, as will be the focus of investors in the new year. The CAC 40 has lost more than 3% last year. Although as pointed out by most experts, the first half is expected to remain difficult. In Europe, the priority is to continue to reassure investors on public debts, including Spanish, which should be the main attraction of financial markets.

In the wake of the Asian stock markets, the CAC 40 index opens up 0.87% at 3847.63 points. On the stock market in Frankfurt, the Dax gained 0.86% at 6973.39 points. The London Stock Exchange, meanwhile, closed due to holiday.Tokyo and Shanghai were also closed.

PMI Program

On the macroeconomic front, the manufacturing PMI will be released at 9:50, and the numbers of the car market in December at 12:00 with a record of the year 2010.

United States, two indicators are on the agenda: construction spending in November, the ISM index of manufacturing activity in December to 16 hours.

In China, the PMI of non-manufacturing sector stood at 56.5 in December, winning more than three percentage points from 53.2 in November, which had represented a low of nine months, according data released Monday by the China Federation of Logistics and Purchasing.

Auto restart values

After Renault announced that orders for new cars in France jumped 30% in December over a year, car values showed the highest increases in the CAC 40, shortly after opening. Renault climbed 1.72% to 44.25 euros and Peugeot rose 3.26% to 29.33 euros.

GDF Suez: 1.43% to 27.23 euros

GDF Suez would reflect, according to Bloomberg, to open the capital of its exploration and production industry. The group intends to finance investments and acquisitions to double its gas and oil. The IPO option would be rejected.

Lagardère: 3.15% to 31.80 euros

Lagardere said Friday evening is in exclusive talks until January 30, 2011 with the American Hearst on the sale of its flagship news magazine world.

ArcelorMittal: 0.47% to 28.70 euro

ArcelorMittal raised its offer on Friday the Canadian mining group Baffinland Iron Mines, matching the offer per share just relieved of Nunavut Iron Ore Acquisition saving account pay day loan. Baffinland has recommended that shareholders of ArcelorMittal accpet the offer and reject that of Nunavut.

Wendel: -0.86% to 68.32 euros

According to the Journal du Dimanche, the IRS alleges that a financial Wendel established in 2007 granted 14 of its leaders.They were imposed in May 2007 a total of 324 million euros in shares, to interest them in their business results.

Euler Hermes: -0.49% to EUR 71

Euler Hermes does not increase its rates in 2011 and has been a downward pressure on certain contract renewals, as the chief executive of insurance group credit, Wilfried Verstraete, in an interview with The Tribune.

Saint-Gobain 1.03% to 38.90 euros

The American group Coorstek announced the finalization of the acquisition of advanced ceramics division of Saint-Gobain.The transaction, amounting to $ 245 million, was announced by Saint-Gobain end of June.

Technicolor: 1.60% to 3.61 euros

Technicolor announced Monday it had completed the sale of the professional broadcast its Grass Valley division, which supplies equipment for television and film, to Francisco Partners.

Gemalto 1.48% to 32.32 euros

Gemalto and Verifone Systems have strengthened their strategic partnership including the acquisition by VeriFone activity of payment terminals (POS) and the designation of Gemalto Gemalto as a preferred supplier of wireless modules Machine-to-Machine (M2M ) and related solutions for payment systems, VeriFone.

Axa: 1.20% to 12.60 euros

According to the website of German newspaper Die Welt, thirteen industry groups, including Axa, have urged the European Commission to impose sanctions against Hungary, accused of anti-competitive measures.

On the currency markets, the euro started the year down 0.64% against the dollar at $ 1.33, after three consecutive sessions increase.

The European debts will eventually overcame the hope that the beginning of 2010 augurs well for the CAC 40. So much so that with the exception of January and April, the index in Paris has never got beyond the symbolic 4,000 mark. In the end, the CAC 40 lost more than 3%. Other European exchanges have also been hard hit by the crisis in Europe: Madrid lost 17.43%, 13.23% dropped Milan, Lisbon dropped 11.79% and Ireland has dropped by nearly 7% .

But the country that has suffered most, and it is the least we can say is that Greece has fallen by over 40%. Major European stock markets only, and it's not a surprise, Frankfurt and London have performed well with the respective performance of 16.06% and +9.2%.Note the resistance of Belgium (+ 2.67%), which could also be contaminated by the financial problems of "peripheral" countries.

Stockholm, best European performance

The most powerful place in Europe this year is Stockholm, with an increase of 19.47%. Sweden outside the eurozone, it has escaped investors' doubts about the public debt of European countries most vulnerable, that have spread to all countries in the euro area.

Outside Europe, the year 2010 will have spent the rise of Russia (+ 22.54%) and the advent of Turkey (+ 25.32%) and South Africa (+ 16.09% ).

Despite sluggish growth and unemployment still high, the U.S. exchanges were pretty well worn. The Dow Jones gained more than 10%, the S & P 500, about 13% and the Nasdaq nearly 20%.

In Asia, the record is mixed: the Nikkei has lost 3%, Shanghai, over 11%, while Hong Kong rose more than 5%.

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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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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 fast payday loan no faxing. 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.

Fiat Group would be better if he could do without its Italian plants! It was enough for Sergio Marchionne, boss of the iconic flagship industrial countries, causes a frenzy by launching these remarks during his visit on October 24 at the RAI in a program of evening prime time.What a contrast to one who has been lionized in the mid-2000s in saving Fiat from bankruptcy, and even hoisted atop a pedestal after able to restore the pride of all Italy by seizing the year latest from Chrysler, American automobile manufacturer!

For nearly two weeks, the press dissects, commented about the one who wears his black cashmere sweater forever – including the White House in the presence of Barack Obama – giving voice to those who are offended and others who are not unhappy to hear from the boss the most newsworthy of the country they hold a speech without being heard: the immobility and loss of competitiveness of the peninsula.In its way, that of a strong character in character, even theatrical, Marchionne causes to try to make things happen.

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The powerful Italian General Confederation of Labour (CGIL) is among those who do not appreciate these provocations. She accuses him of failing to comply with the rules of social negotiation and accuses him of wanting to put the country with a fait accompli. For its leader Guglielmo Epifani, Marchionne "might have been transferred to Germany if he had behaved this way instead of going to his first Board of Directors": "The return around the green carpet Is it easier or more difficult now instant cash for bad credit…? "he asked.

Politicians are more mixed. There are those who are offended.Some point out that the Fabbrica Italiana di Automobili Torino (Fiat) was founded in 1899 by one Giovanni Agnelli, the great-great-grandfather of the young John Elkann, who now chairs "would be nothing without subsidies State ":" Long ago it would have sunk, "said Gianfranco Fini, the leader who goes to Italy. "Marchionne has a short memory," adds the Northern League.As for the Communist governor of Puglia, Nicki Vendola, he accuses him of "insensitivity to the political homeland."

Interviewed by Le Figaro, following his first meeting on 4 November, with the managing director of Fiat, the new Italian Minister of Development, Paolo Romani, acknowledges that "his language is harsh, but certainly useful for Fiat and the country ", adding:" The industrial project is a chance that Italy can not afford the luxury of losing. "Rather than the words of one evening, the minister prefers to keep only the development project Fiat in Italy, presented earlier this month by the same Marchionne.

The skipper of the manufacturer promises to invest 20 billion euros by 2014 to double production in Italy and bring it to 1.4 million cars and 250,000 commercial year.Already, at Pomigliano d'Arco, near Naples, an agreement reached last July and ratified by referendum by two thirds of employees expected to produce 280,000 per year Panda from the end of 2011 and to saturate the capacity. Starting next year, Fiat will invest 700 million euros. "The agreement was signed. The extension work of the plant will begin next year. Is a given, "says the manager.

Words that resonate among the country's industrial

The decision-making abilities of energetic son of rifleman irritate the unions, but delight the markets. When he took the wheel of Fiat in February 2005, succeeding a host of managers more ephemeral than each other, nobody would have bet on the survival of the group.At the time, Umberto Agnelli, younger brother of the Lawyer, who died in January 2003, had confidence in this pattern of humble origin, born in 1952 in the Abruzzo and very young emigrated with his parents in Canada (which he will nationality without giving up the Italian). After brilliant studies (law, finance and tax expertise), he began at Deloitte & Touche in 1983 as a tax expert, then moved to Zurich in Alusuisse.

In eighteen months, Marchionne Fiat Saves the financial disaster in late 2008 before launching a formidable challenge: make a global group, one of five or six in the world able to produce six million cars a year.He is interested in Opel – but the negotiation will fail – and in parallel leads the rescue of Chrysler, which takes 20% of the capital and operational direction in October 2009.

"We give him full confidence," said John Elkann, head of the Agnelli family of Fiat and president no credit check personal loan. While hastening to explain: "Marchionne has not spoken to close factories in Italy. He only posed a real problem, that of competitiveness. "He recalled" how Italy is important for Fiat, Fiat is how important for Italy. " Moreover, Marchionne himself, on leaving the Minister Romano says opportunely "never threatened to leave Italy."

Not surprisingly, the industrial feel quite close positions on the Fiat driver unattractiveness of Italy. Emma Marcegaglia, president of Confindustria, said: "We are with Marchionne.He posed a real problem, the government factories. We must confront it. "In exchange for a fight against absenteeism and chronic diseases false, simplifying labor contracts, which are over 400 criteria of flexibility to meet fluctuating demand, supermanager the Fiat made a revolutionary proposal: "Align salaries with those of his group in Germany, 50% higher." Provided that a new labor discipline is adopted in enterprises. A new challenge? By all. "This is the best answer we can give to a labor relations system that has stiffened," said Sergio Dompé, President of Pharmaceutical Industries Farmindustria. For the president of Manpower, Stefano Scabbio, "only such an approach will enable the country to recover productivity."

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