Apr 7




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

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

Soaring oil prices

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

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

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

Setback

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

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

Apr 2




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

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

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

Feb 15




Will it or not a meeting of the Congress of Versailles before the summer, for in the Constitution the "golden rule" of balancing public finances? The President of the Republic, supported this reform inspired by German institutions, wants to go fast.

On Monday, a minister even believed that Parliament would be convened at Versailles "by this summer." "The Elysee has asked the government to work in the preparation of a Congress by this summer. The date could be decided this weekend, after arbitration meetings, "said Patrick Ollier on Monday, Minister for Relations with Parliament. He said that "it is the nature of Nicolas Sarkozy to face the obstacle." Referring to the fact that approval of this text does not come naturally.But this Monday evening, the entourage of the Head of State did not confirm this hypothesis.

"Political"

The executive would like to pass this constitutional amendment before the Senate elections in September, when the left hoped to take the majority. But he must first obtain a vote in accordance of Assembly and Senate and three-fifths vote in Congress. Now the Socialists have already said they oppose the idea of incorporating into the Constitution the fight against the budget deficit.

This hostility makes it difficult to obtain a three-fifths majority vote of Parliament, required to Versailles high risk personal loans.In the previous constitutional review in July 2008, the text had been approved by two votes.

"The need to reduce deficits is primarily a matter of political will," said former minister Michel Sapin, the Socialist Party national secretary for economics to justify the group's opposition to the socialist constitutional reform.

The centrists, who have always waved the banner of the fight against deficits, are a priori in favor of such reform. "The direction is good, but it is as much a matter of political will that Constitution," said Jean Arthuis, chairman of the Senate Finance Committee, which wants the program law provided by the multi-year deals with three years rather than five years.

Assuming that the reform is not adopted, Sarkozy would find it easy to carry responsibility for the Socialists, a few months before the presidential election, the failure of a reform designed to fight against deficits.

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Feb 4




The complementary health often promise more than cover the higher fees, with rates of care by 200%, 300% or even more attractive rates … but, in practice, sometimes disappointing. Indeed, what will be reimbursed to the patient does not depend solely on reimbursement rates displayed, as we tend to believe, but also the basis for calculating the rate. And then, nothing is simple. Travel to country of Ubu.

How does it work?

For routine care, and supported by the foundations are set for reimbursement of health insurance (BR) or the rates of agreement (TC): 23 euros for example, consulting a specialist in the course care. Here, the rate of repayment of Social Security is 70%: therefore, an insured receives EUR 15.10 *, including excess fees if applicable.

Then the complementary health: a support displayed 100% of the BR (unless otherwise indicated, reimbursement of health insurance is always included), the insured receives 6.90 euros, with 200%, 29, 90 euros * (200% x 23 euros = 46 euros – 15.10 euros *) and so on, knowing that only a contract guaranteeing 300% ad minima of BR or the actual cost (FR) commitments makes in the assumption of a consultation to 50 euros, a full refund. Therefore not easy to decipher contracts unless doing a calculator in hand.

Dentistry the poor relation

For expensive care, things get complicated because the rates of Responsibility (TR) are much lower than the expenditure: EUR 170.50 for example a dental crown, which costs 900 euros on average.

Result: With an additional 100% showing that mysterious liability costs, the patient pays 792.50 Euro!.And even with a 300% advertising contract, which remains dependent remains high: 577.50 euros (considering reimbursement Safely 75.25 euros and that of mutual 247.25 euros.

Hence the value of packages (500 euros, for example) that are added directly to paying social security, provided they are granted by deed and not for a year.

Why make it simple …? For a little more obscure jungle refunds, another method of calculation is sometimes put forward: the refund is then expressed in terms of the HSMP (maximum monthly Social Security or 2946 euros for 2011). Again, beware of disappointments because of the HSMP 5%, still a crown, it is … only € 147.30.

One advice: forget the percentages and have systematically numerical simulations. The only way to get around.

* Minus the deductible 1euro

Dec 31




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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Dec 24




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

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

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

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

Loans Unlimited

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

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

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

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

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Dec 17




More than six months after the announcement of the resumption of cheese Entremont by the dairy cooperative Sodiaal, the final protocol was finally signed this morning with UNIFEM, according to our information.

Owner Entremont, UNIFEM was owned 63% by the NOC, the holding company of Belgian investor Albert Frère. By midweek, the latest creditor banks had affixed their signatures to the agreement to renegotiate the debt Entremont. The final closing scheduled for early January.

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Nov 28




When Marcel Ospel has moved from Basel to Wollerau, five years ago, the amount of tax has been halved. To lower their bill, the former president of UBS did not need to go to the Bahamas, it was enough to make a hundred kilometers to change the township.

In fiscal terms, the Swiss Confederation in fact applied the principle of cantonal sovereignty. With few exceptions – such as VAT – twenty-six cantons are free to choose which tax rates apply to household incomes. A competitive situation which has prompted several of them to make extremely low rates to attract wealthy. It is precisely this "dumping" that criticizes the Swiss Socialist Party, originally a popular initiative, "For fair taxes," which will be voted on tomorrow by the Confederates.

"We demand a minimum tax rate for people earning more than 250,000 francs per year (190,000 euros, Ed), says the president of the PS, Christian Levrat. Even with this measure, high incomes would be taxed at 38% maximum, which is still ten points below the rates that prevail in France, Germany and Italy. "

Less than 10% tax

The canton of Schwyz, located north of Confederation, was particularly targeted by the initiative: to Wollerau Freienbach or sitting on the edge of Lake Zurich, the fortunes of 10% pay less tax. According to local press, these communities are real "tax havens", compared to rates four times higher practiced in the Francophone regions of the country, particularly in the Jura.In 2005, the canton of Obwalden had gone even further by voting for the establishment of a regressive tax, whose rate decreases as income increases. This measure was declared unconstitutional in June 2007 by the Federal Court. Deprived of this action, the Germanic cantons have opted for undercutting tax, with convincing results. In 2006, for example Schwyz were 327 people whose taxable annual income exceeds a million francs (more than 700,000 euros), compared to only 106 in 2000.

The wealthy French are they concerned by the initiative? "They are not likely to live in Wollerau or Freienbach, said Pierre-Marie Glauser, Professor of Tax Law at the University of Lausanne.But if passed, it would be a revolution of fiscal federalism in Switzerland. "This project will reduce our competitiveness," says tax lawyer Kenel. "Tax competition has advantages because it encourages the districts to control their spending "says Pierre-Marie Glauser. His detractors, they complained about the fact that competition undermines "national solidarity" and it allows to enjoy the richest urban infrastructure while living on the periphery.

Nov 8




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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Nov 5




Just days after the midterm elections, U.S. employment surprise. The United States has created 151,000 jobs in October, according to figures from the Labor Department. This is more than double what economists predicted (60,000).

The Labor Department on the other hand lowered the number of job losses in September, to 41,000 against 95,000 initially announced.

Private companies have created 159,000 jobs, 107,000 in September cons. The public sector has destroyed 9000, against 159,000 the previous month.

The unemployment rate, calculated on a different basis, is itself remained stable at 9.6%. Its highest level in a generation.

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