Sundial of world news

The Paris Bourse playing yoyo Monday. Already upset Friday by the earthquake and tsunami that hit on Japan, the Cac 40 fell back. After changing course several times in the morning, he sold 0.72% mid-term to 3900.59 points.

In London, the FTSE-100 5839.11 0.02% gleans points. The concern, however, is more vivid when the ignition Dax loose 0.56% to 6842.66 points.

Operators are reluctant while alarming news from Japan are linked. The Government refers to as a loss that would have a "considerable" on the national economy, adding that huge funds needed to finance the reconstruction of the areas tested.

Serious malfunctions at nuclear power plants in the region ravaged quicken concerns about the consequences of this disaster on all Japanese companies and the entire region.The Bank of Japan (BoJ) tries to calm markets by injecting funds into the financial system records. At midday on Monday, already 15,000 billion yen (131.6 billion euros) have been released. But this news has not been enough to reassure the markets of the region, primarily the Tokyo Stock Exchange, which has unscrewed from 6.18% at closing for its first full day of trading since the disaster.

Concerns from Asia should also largely occupy the mind for that day. Indeed, no major indicator except industrial production in the euro area in January, is expected Monday.It will wait until Tuesday for a news might make a difference in publishing in the U.S. index of house prices and the Fed decision on rates.

Oil and euro down

In this tense environment, oil appears down in electronic trading in Asia, the market worried about a drop in demand in the short term hit in Japan. Around 11:00, Brent North Sea crude for April delivery traded at 111.82 dollars and New York, a barrel of light sweet crude (WTI) let go two dollars to 99.16 dollars.

On the currency markets, the yen Monday morning in front flexes in other currencies. The intervention of the BoJ has helped slow the sharp rise of the yen against the dollar. Around 10:30 am Monday in Tokyo, the dollar went back to 82.20 yen after falling to 80.60 yen on Sunday, its lowest level in four months.For its part, the euro fell to 112.47 yen. Against the dollar, the European currency gained some ground. Around 11:45 am, the euro bought 1.3971 dollars against 1.3901 on Friday.

Renault, EDF and LVMH affected by the disaster

Renault: -3.15% to 39.47 euros, the biggest drop CAC 40

Nissan, Renault's Japanese partner in the Renault-Nissan, has closed four assembly plants in Japan and no site would reopen Monday. Nissan, the second Japanese manufacturer, manufactures 22% of its vehicles in the archipelago. Furthermore, the manufacturer faces a new twist in the case of alleged espionage. Dominique Gevrey, one of three security officials of the group, was remanded in custody to view this weekend.He is indicted for "organized fraud" and jailed in January following the dismissal last three frames of the group.

LVMH: -3.50% to 106.15 euros, PPR: -1.61% to 106.75 euros Hermes: -2.16% to 149.75 euros, L'Oreal: -0.70% at 81 , 07 euros

The luxury sector is likely to suffer the effects of the earthquake and tsunami that devastated the north-eastern Japan. The archipelago is the second largest global luxury goods market after the United States and elbow to elbow with China. For Hermes is the first market (17% of sales) while for LVMH, representing 9% of sales. The luxury division of PPR meanwhile 16% of its turnover in Japan. L'Oreal, for its part carries about 2.5% of its turnover in the country.

Areva (-8.91% to 31.75 euros) shows the largest decrease in the CAC 40 also affected by the nuclear risks in Japan.EDF (-4.51% to 29.20 euros) is also in trouble as Scor (-2.29% to 18.82 euros).

Bolloré put on Guinea

France Telecom: -0.61% to 15.38 euros

Orange and the Kuwaiti Agility will acquire a 44% stake in mobile operator Korek Telecom Iraq, announced Monday morning the French incumbent in a statement.

Bolloré: + 0.29% to 158.95 euros

The group on Friday signed a contract worth 500 million euros with Guinea for management of container port of Conakry, the capital of the West African country, state television reported.

Sopra Group: -0.63% to 71.05 euros

The group announced its intention to hire 2,500 people in 2011 in Europe, 1600 in IDUs in France in the consulting, systems integration and software development.

Altran: + 1.22% to 4.30 euros

The French group technology consulting has reported a net income Group share loss of 26 million.The group said to be in talks to divest all of its activities in Brazil. He anticipates continued growth at a high level in France in 2011 and continued improvement of its operating margin in 2011.

Vivendi: -0.10% to 19.73 euros

The group does not invest more than 6 billion pounds (6.9 billion euros) for the redemption of the capital of SFR held by the British telephone operator Vodafone, according to the Financial Times.

Note that the bank is well oriented: Credit Agricole (3.99% to 12.13 euros) is the largest increase at Societe Generale (3.34% to 48.31 euros), followed by Natixis (+2 , 74% to 4.21 euros) and BNP Paribas (2.39% to 54.41 euros).

Wen Jiabao's speech at China's parliament on Saturday took on the appearance of mea culpa. Chinese Premier, speaking at the 3000 delegates to the NPC, met for ten days in Beijing, acknowledged that the price increase was the source of calls for protests that flourished in the country. "We need to consider price stability as the priority of our macro-economic control," he said.

During the inaugural session of the annual meeting of the National People's Congress, Prime Minister described the inflationary expectations of "problems which are closely the standard of living of the population, the overall situation and stability of the country." Rising consumer prices rose 4.9% in January over a year.The government promises to reduce it to "4%" this year.

Always fight against inflation, the Chinese authorities want to implement "a prudent monetary policy," which will require the limitation to 16% of the increase in money supply M2, which includes the aggregate of currency in circulation, accounts demand deposits and savings accounts.

Avoid the shock wave

Even if the Prime Minister made no reference to the popular liberation movements that are shaking the Arab world, his speech illustrated the authorities' concern to avoid any risk of spread to China. "Some issues that are subject to strong reactions among the population have not been resolved completely.Food security is poor and some sectors are vulnerable to corruption "he acknowledged.

To fight against these problems, the government would "continue to pursue a policy stimulus. Efforts will focus on "rural development", "improving the level of the population" and developing "social sectors".

According to this discourse that determines the main directions for the country's official year, "the educational resources and lack of quality medical and their distribution is uneven." Moreover, "the property prices have recorded an excessive increase in some cities," said Wen Jiabao, who promises to develop social housing."Social contradictions raised by the illegal requisition of land and demolition of illegal houses have multiplied," he added.

Target of 8% growth

These investments will be in a GDP growth of around 8% this year and an annual increase of around 7% over the next five years. These figures, which marked a slowdown from the 11.2% GDP growth recorded during the last five years had already been discussed by Wen Jiabao in late February at the Forum on China Internet.

Despite continued efforts to invest, the government wants to reduce the budget deficit will be contained in "about 2% of GDP".

Warning against the challenge

When the Prime Minister recognized the inequality at the source of disputes, an editorial published by the Beijing Daily, official newspaper of the Communist administration, launched a warning against the calls for protest. "Everyone knows that stability is a blessing and a curse chaos," said the newspaper stating that the "disorder" that has shaken the Arab world "has led to a massive disaster for the peoples of these countries." "It is worth noting here or abroad, some individuals feeding on ulterior motives trying to trigger chaos in China, using the Internet to foment illegal gatherings," it said.Following an appeal to all Chinese citizens so that they "conscientiously protect the harmony and stability".

In recent weeks, dozens of Chinese dissidents have been arrested and police have threatened to deprive alongside dozens of visas to foreign journalists if they continue to cover "illegally" appeals from sites based abroad.

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It's in a week, according to our information, that Switzerland will provide the Paris prosecutor's office the result of letters rogatory requested to check whether two of the three executives on suspicion of espionage and licensees have received money in accounts in that country , as stated by the manufacturer. Whether or not an account on behalf of a third part will Liechtenstein, it was announced in three weeks.

While executives say they are innocent and that Renault has never provided any evidence of their guilt, doubts grow about the strength of the charges. Matthieu Tenenbaum, former deputy director of the Electric Vehicle program, would not account for the Zürcher Kantonalbank, according to information transmitted orally by the Paris prosecutor in Switzerland, according to sources close to the investigation corroborating information from Duck chains.The prosecution, however, expected a written document to confirm this information.

Already, people close to the investigation believe more and more likely that Renault has been the victim of a scam. The group's management, who pounded his "certainties" about the guilt of executives, has become less categorical. "We are awaiting the results of letters rogatory. Let us have been victims of espionage or fraud and, in this case, someone wanted that separates these three people, "said one headquarters.

When the results of investigations bank will be known, two scenarios are possible. Is a frame (or several) to an account abroad: it will be heard by the police for "violation of trade secret." Either there is nothing, and the investigation will turn to Renault, to understand how the fraud has occurred.Management will face justice for his decision to dismiss managers without real evidence, while internal investigators asked for an extension.

Mysterious informant

In this case, the group should also give explanations on the methods used by his security service, which seems to have used a mysterious informant located in Belgium for information transmitted orally. In the case of fraud, false information could have been made either by that means, either by the security service itself. The whole question would then know for what purpose.

Another source of interrogation, the letter of layoff provided to three frames based on two elements: the supposed existence of bank accounts abroad and the letter of denunciation received in August. However, reading this letter is perplexing."In May this year, I saw Mr. Michel Balthazard negotiate a jar of wine, claiming that if Bob Bell, F1, would profit from it too wanted to enjoy it and feed his bank account. He added: "During another conversation, he spoke of the" little kid who works with Koskas (Matthew Tenenbaum, Ed), who understands how it works to fill his bank account. He concluded: "Of course, I have no proof, of course, is the accusation, but I do not care.I can not stand to see people fly properly paid more money. "Where are the" technical term that has tilt, "and" converging evidence "that had led the manufacturer to take this letter seriously" ? "How can we launch an investigation on the basis of such a letter? Is it credible that the crow was able to see my client negotiate before him a jar of wine? "Asks Mr. Thouvenin, one of the lawyers of Michel Balthazard.

If the case should be "pschitt, the consequences would be disastrous for the group's image.And the credibility of its chief executive, Carlos Ghosn, who spoke after evidence "multiple" on TF1, asked two weeks ago it still "trust" because "tens of people have analyzed the facts."

The alliance with Nissan could evolve

Carlos Ghosn, CEO of Renault-Nissan, will examine the capital structure of the alliance to improve the balance between the two manufacturers. "We will review the financial structure, not for reaching a merger (…) but to answer the main concern of investors who say" maybe you use too much capital for your financial structure, '"said Dual CEO Reuters. Renault owns 43.4% of Nissan, which in turn owns 15%.Moribund when Renault came into its capital in 1999, the Japanese now weighs more than twice the French stock exchange.

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The stage at Brussels was not to last as long. Friday night, two Thalys from Amsterdam to Paris and were forced to spend the night at the stop at Brussels Midi station, registering a total delay of about 14 hours on their arrival in Paris on Saturday morning.

The origin of this disruption, a technical default on the first train left at 6:16 p.m. Friday in Amsterdam. To remedy this, the train is coupled to a second train has left the Venice of the North one hour later.The operation takes a long time, so much so that the arrival of two trains in Brussels to 23 hours, it is too late to pursue the road: "The network of high speed rail network in France (RFF) was already closed at night for maintenance, "said a spokesman for Thalys, Patricia Baars.

"We tried everything, but it was not possible to make the trains run outside the operating hours of commercial network," French said the representative of the rail consortium.

Not enough room at the hotel

And the trouble does not stop there. As it is too late to implement an alternative system of transportation by bus, according to Patricia Baars, passengers are forced to spend the night there.But again, a new obstacle: "It was not possible to find hotels in the immediate vicinity of the Brussels-Midi station to house some 400 people," says Patricia Baars.

Some passengers decide to leave to go and look for a hotel in downtown Brussels, at their expense. The approximately 250 remaining up for the night. "They received a meal and hot drinks. The train was heated, and watched the train, "said Patricia Baars figaro.fr.

Not really a version shared by Marta Ayala, 38, transient. Station in Brussels, "everyone left the train. Workers, drivers, everyone is gone. Without telling us anything, "she testified. "The passengers left the train to get information. There was nobody on the docks. Thalys offices were closed, "she added, pointing to photos taken in the night.

"Around 0:15, the security personnel were brought boxes of food. Still no explanation. Then at 6:30 this morning, we were told to change trains, "she adds angrily. "I paid 200 euros, just the casual, the service terrible."

Thalys says that all passengers will be reimbursed for their tickets, and any other compensation – for nights hotels, missed connections – will be considered on a case by case basis.

Both trains were eventually depart at 6:40 Saturday morning, arriving with a delay of 14 hours for the first Thalys 6:16 p.m. and 1:00 p.m. respectively. This is roughly equivalent to that recorded by the drill nuitStrasbourg Port Bou / Nice, who had accumulated a series of incidents during the night of December 26 to 27.

Atos Origin has more than tripled its net profit in 2010 to 116 million euros and has "achieved its objectives." Without taking into account exceptional items, net income amounted to 218 million euros (+11%). The computer services company also released on Wednesday morning a turnover of him, down 3.5% over one year to 5.02 billion euros, as expected by financial analysts.

As for the operating margin, it amounts to 337 million euros, representing 6.7% of turnover, or the top of the range estimated above.Finally, the orders have registered an increase of 7% over the past year, to 5.6 billion euros, including France, Rexel new contracts with EADS and Michelin, the Netherlands and Philips ING and still in Germany with Karstadt.

A publication of no great surprise, but Thierry Breton, CEO of Atos Origin is pleased that the group has "achieved its objectives," including that reset the counters in its net debt – excluding acquisitions – to zero. "This puts the company in the best conditions to accelerate the integration of Siemens IT Solutions and Services (SIS)." Together, the two groups will form the new European leader and world number seven, by generating an estimated turnover of 8.7 billion euros for 2010, with a workforce of 78,500 employees worldwide.A sales level similar to that produced by Capgemini, the other great French actor of IT services in 2009. For 2013, the turnover of Atos-SIS is estimated between 9 and 10 billion euros and cost between 7% to 8%.

To a great year 2011

The boss said he also "confident for 2011" and anticipates for the next fiscal year "a slight organic growth and an operating margin between 7.2% and 7.7%.

Atos Origin has decided to propose at the next general meeting the payment of a dividend of 50 cents under the year 2010.

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• The Telex Airbus (English)

Airbus on Monday delivered a warning, a Flight Operations Telex, as revealed by the Echo on Tuesday to all its client companies. This relates to the Airbus A 330 and A 340, on which the device was operated flight AF 447, and reset the autopilot in the cockpit after an icing Pitot probes (for measuring the speed of the aircraft ), a phenomenon supposed to be the cause of the tragedy of June 1, 2009.

When the Pitot probe frosting and send wrong information to the cockpit for speed, the autopilot disengages and drivers should continue to fly the aircraft until the problem stops, the velocity information from the three probes are consistent , and so the autopilot can be reset.So far, the reflections on the disappearance of the AF 447 were on the way the pilots suddenly recovered the aircraft flight manual, night, in full crossed areas of cumulonimbus.

Telex Airbus says companies that, when two of the three pitot probes send erroneous information, if such information is almost identical, they can be considered valid by the onboard computer of the aircraft. The artificial horizon (the Flight Director) who had disappeared from the screen reappears and the drivers will be tempted to put the autopilot on and then summon the device to fly with false information. "If the sensors indicate a speed of 100 knots below that of the camera, the camera takes a blow when the driver is reset," said one expert interviewed by Le Figaro. In this case, the autopilot puts the gas and put the stick back.The aircraft pitched up in hand. Stall and a plane falling to the ground are then quite possible. "The pilot can recover the aircraft, said an aviation expert but must know that at this altitude, one pilot on a needle with an air density very low."

This scenario will be validated only if the fourth round of the FA Research 447, which begins in February, managed to recover the black boxes of the device.For the moment, the only messages received Acars of the aircraft shortly before his death, can not say whether the pilot was or was not reset by the pilot of Air France.

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"SPECIAL – The tragedy of Flight 447

FROM: AIRBUS CUSTOMER SERVICES TOULOUSE

TO: ALL A330/A340 GE CFM PW RR OPERATORS

FLIGHT OPERATIONS TELEX – FLIGHT OPERATIONS TELEX

OUR REF. : 999.0112/10 dated 20 December 2010

Subject: ATA 22 and 34 – Loss of AP and A / THR Associated with alternate

Law reversion

CLASSIFICATION: Airworthiness

Notice: This FOT Provides information about a "significant Operational

That Is outcome related to safety or airworthiness guaranteed approval cash advance loans.It Is EACH Operator's

Responsibility to distribute or to distribute this FOT The information

Contained in this FOT, applicable to all of Their flight crews Without

delay. Failure to apply "this FOT May Have A Significant Impact are safe

aircraft operations.

This FOT & the EPO advance copies Will Be available in pdf format

in AirbusWorld Within Two Days.

1. PURPOSE

The purpose of this FOT Is To recommend The Flight Crew to check

airspeed indications Before Engaging the autopilot, When in alternate

law.

2.EXPLANATION

When There Are Significant Differences Between airspeed all sources

The flight controls revert to alternate Law, the autopilot (AP) & the

autothrust (A / THR) Automatically disconnect, & the Flight Directors

(FD) Automatically bars are removed.

It has Been Identified That, after year Such events, if airspeed Two

Become stills similar sources while erroneous, The flight guidance

computers:

– Display FD bars again.

– Enable autothrust autopilot and re-engagement.

However, In Some boxes, tea orders autopilot May Be Inappropriate, Such

as possible steep pitch command.

Therefor, The flight crew must Apply THE FOLLOWING PROCEDURE.

3.OPERATIONAL RECOMMENDATIONS

When autopilot disconnected and autothrust are Automatically and flight

Have controls reverted to alternate law:

– Do not commits the Ap and the A / THR, Even If Have FD bars

reappeared

– Do not Follow the orders FD

– ALL INFORMATION ……………………………….. X-SPEED CHECK

* If speed unreliable indication Suspected IS:

– Unreliable SPEED INDIC / ADR CHECK PROC APPLY ………..

* If at least Two ADRs Provide reliable speed indication for any

least 30 seconds, & the aircraft stabilised IS On The Intended

path:

– AP / FD and A / THR ……………………………….. As required.

4. CORRECTIVE ACTION

This Procedure Will Be The Next canceled by FCPC standards That Will Be

Before available end 2011.

Will this change in commitment inhibit autopilot The Above

Described situation.

5.FOLLOW-UP

For A330 aircraft, thesis Operational Recommendations Will Be Issued by

Beginning of January 2011 in red EPO 82 / 1 and Its Associated EPO PROC

82 / 1 In The QRH.

For A340-200/-300 aircraft, thesis Recommendations Will Be Operational

Issued January 2011 Beginning of EPO in red 95 / 1 and Its Associated EPO

PROC 95 / 1 In The QRH.

No Specific follow-up to this Planned IS FOT.

Capons, oysters, foie gras, exotic fruits without forgetting the traditional Christmas tree. Rungis stalls overflowing with dishes and fine ornaments, announcing the arrival of Christmas and festive meals. Overhead "Tide" which gives the kickoff of the largest European wholesale market for 2 o'clock in the morning, the excitement. The approach of the confectioners' truce leads to a doubling of activity. "In December, he sold each day 500 tons of fish and shellfish," says Marc Spielrein, president of Semmaris, the managing company of Rungis. For the oyster, this represents 40% of their annual event, "he says. However, wholesalers are worried. This year they face for the first time the aftershocks of the summer mortality of spat decimated by a viral illness pay day loan lenders. It takes two years for the oyster is edible.For the rest, lobster, smoked salmon and lobster are still among the top three of the most consumed. We notice something new this year: the emergence of bio bar that complements the existing range with the bream and shrimp. However, these products are poorly developed. "This represents only 5% of our business but we can reach a growing customer base that is no longer limited to a few Parisian bobos," quips Eric Achard, Director General of Establishments Reynaud.

Christmas rhymes with exotic fruits. At Rungis, we find passion fruit from Thailand, cherries or strawberries from Chile to Palestine. Photo credits: Richard VIALERON / Le Figaro

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.

Back to square one. Bad weather, resignation, voting law, the failure of strikes renewable and vacillation of the Inter have been right in the 8th mobilization against pension reform in eight weeks. Between 375,000 (according to the police) and 1.2 million people (SGC) have demonstrated to demand to Nicolas Sarkozy not to promulgate the law on pensions as soon as the Constitutional Council's opinion rendered. Three to four times less than the height of the protest on October 12 and as much as 27 May, when the first call to demonstrate against the pension reform.

Several central reformers were awaiting the outcome of this day to hone their strategy for the organization of the "new appointments national mobilization during the week of November 22 to 26" act Thursday and whose terms will be defined embossed business cards Monday night."People have understood that it bent, recognizes a part of the CFDT. This mode of mobilization is no longer the most appropriate and we must find new forms of action. "The UNSA no longer deems appropriate to organize" a new day if there is not followed. " As for the CFE-CGC and the CFTC, religion is made: if a new day is organized identically, it will be without them.

"A terrible mess" for FP

This desire to "move on" is not shared by the radical wing of the Inter who will continue to surf the antisarkozysme. Unaffected by the receding movement, FSU wants to "give a layer" at a "national mobilization in Paris" coupled with a day of strikes.As for the CGT, Bernard Thibault, whose leader is accused by extremists to have accompanied the reform of government that there be more opposite, she will not let down our guard until the entry into force of the first steps reform in July 2011. "By a continuous fire from local initiatives, professional, we will maintain the balance of forces and the government to revisit contraindrons, sooner or later," explains the head of the Central de Montreuil.

All unions – with the exception of FOR who speaks of a "terrible mess" and act its output of the Inter – have a strategic interest to agree and it is unlikely that their beautiful unity crumbles color business cards .Organizations will find that, tonight a new compromise – including returning to the fundamentals of the crisis, focusing on the fight against unemployment, rising purchasing power, the preservation of public service and another pension reform – which if not effective, they will stay together.

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While François Fillon spoke of Tuesday, a return to normal by the end of the week on the eve of departure on holiday, the Prime Minister acknowledged that the release of the situation would take "several more days." If he speaks of a "marked improvement" on the whole territory, the Department of Ecology is still refusing to comment Saturday on a specific date of return to normal. All of the refineries in the city are indeed still at a standstill, while the oil terminal at Fos-sur-mer continued the strike for the 27th consecutive day.

At last count, seven department was still short of fuel. This is the Eure, Calvados, Loire-Atlantique, Indre et Loire, Val de Marne, the Oise and the Allier.The western France, especially Brittany and the Paris region were the main spots with 38% and 35% of service stations dry Saturday morning. It was time to relax, however, in the southern, eastern and northern countries with 80% to 90% of power stations normally cheap payday advance.

According to Jean-Louis Borloo, Minister of Ecology, 300 refueling stations highway continued. Stated priority, the network no longer counted at 11 am this Saturday, 4 to 5% still waiting for supplies, which was scheduled for that day. Minister cautions that "it depends very much on the behavior of users."

Same warning to Secretary of State for Transport.Dominique Bussereau has renewed its calls to motorists not to make "full of care," criticizing those that prolong the queues to service stations, "so they lack the 5 liter tank. Vacationers "may also from quiet (…) and return", added the president of the French Union of Petroleum Industries (UFIP), Jean-Louis Schilansky.

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