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The NYSE was closed Tuesday's session on a small rise of 0.09% and the Nasdaq in a progression of 0.25%.

On the macroeconomic front, the S & P / Case Shiller information that housing prices in the United States remained stable in January compared to the same month last year. The confidence of American consumers, meanwhile, rebounded in March, the index of the employers' organization Conference Board emerging in March to 52.5 against 46.4 in February.

At a conference in Washington, the economic advisor to U.S. President Barack Obama, Paul Volcker said Tuesday that the country's banks were expected to be dismantled in case of power problems. "Ultimately the company is experiencing failure should be liquidated or merged. It is a penalty, not a hospital, "he said.It was also positioned for the creation of a public authority that could take control of a financial institution at risk. A proposal backed by the U.S. government and adopted by Congress in the debate on financial regulation.

Other key indicators of the week will be Wednesday the index of activity in the Chicago area and the numbers of orders in February. Thursday last week's meeting, the market will focus on the ISM index of manufacturing activity and construction spending in March.

But the main highlight of the week on the macroeconomic level is expected Friday with the release of monthly statistics of unemployment in the United States payday advance online. The U.S. markets will be closed, however in April 2 to Friday.Investors can therefore respond to the employment figures as the following week.

On the currency markets, the euro has stabilized against the dollar Tuesday after the limited success of a new bond issue in Greece. The euro bought 1.3481 dollars shortly after the opening of markets 1.3477 against the dollar yesterday.

Apple (1.48% to 235.83 dollars) reached in the meeting before a new record of 233.86 dollars after the maker of iPhone and iPod has announced that its latest product to date, the iPad would be put on sale this weekend. The company will also produce a new version of its iPhone. This should work on all mobile networks, ending the monopoly of AT & T in the distribution of smartphone.

The U.S. Treasury announced the sale later in the year 2010 from its 7.7 billion shares of banking giant Citigroup (-1.67% to 4.11 dollars).

Gartner (-0.48% to 22.59 dollars) in 2009 recorded a decline in sales of more than 10%. But the second half of 2009 is above expectations and the year 2010s'annonce in growth according to the group.

According to one analyst, Expedia (+0.04% to $ 24.36) would benefit from strong growth of its business earlier this year despite the announcement during his last performance, low reservation at the beginning of 'year.

In the nails. In a social context always tense, the Board of Directors of the Assistance Publique-H?pitaux de Paris (AP-HP) has considered this Saturday morning on the 2009 accounts of the institution. They show a deficit of 96.2 million euros, almost consistent with the approved budget (95 million) on a total budget of 6.4 billion. Expenditures were slightly higher than expected, but revenue also.

Investments reached a record $ 593 million.These are mainly works of construction (renovation Emergency Saint-Antoine, future maternity Port Royal, building Laennec Necker …) but also a heightened effort on the computer (almost 150 million, while the figure was still around 50 million per year until 2005) fast payday loan .

On the sensitive issue of staffing, AP-HP had in late December, 71 678 "full-time equivalents" over 2887 in CSD. A decrease of 697 full time equivalents in one year, according to management, especially for the CSD. These figures do not take account of temporary or doctors. The physician remained stable last year, around 9,000 full time equivalents.

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At the request of France, the carbon tax back to the menu of the European Commission. Nicolas Sarkozy said Friday in Brussels that the EU executive would propose a text on the subject to member states in June On Wednesday, the president had confirmed the indefinite postponement of the entry into force of a carbon tax and French made its application to a European solution.

"I think everyone now considers that the question of a mechanism to adapt to Europe's borders is a vital issue," said the head of state. "In June, there will be a proposal from the Commission on the subject," he added. After "a very frank discussion" within the European Council of Heads of State and Government meeting since Thursday evening in Brussels, "no country opposed" to the French proposal.

Nicolas Sarkozy welcomed the diplomatic breakthrough."The victory represented the policy review by the Commission on the possibility of an adjustment mechanism border is something of capital," he said. A "tax borders" of Europe, "he said earlier in the week," protect our agriculture and our industries against unfair competition from those who continue to pollute without shame. "

The carbon tax promises to be a thorny issue in Brussels, because under the tax area. This jurisdiction requires unanimous decisions. However, the British and the Swedes, for example, are opposed to such a mechanism at the borders of the European Union.It could be equated with protectionism and be passed on to final consumers in Europe, they argue.

Jouanno cropped

Nicolas Sarkozy took the news conference in Brussels to reframe his Secretary of State for Environment Chantal Jouanno. This last was said to be "desperate" by the abandonment of the carbon tax. "I did not appreciate the remarks, the president has dropped. "I would add that ministers do not have to be desperate, they do their work. There is a strategy, it has been determined by Fran?ois Fillon and myself. Let everyone take it, "he added.

After the deep recession that marked the years 2009, 2010 should be the rebound. But "the recovery continues." In these terms as Head of the conditions of INSEE, Sandrine Duch?ne, talks about the situation of the French economy.

And these are not figures of household consumption published Thursday that will contradict that finding. Spending by French manufactured goods suffered a second consecutive decline in February, down 1.2% from the previous month. Nobody expected such poor performance.

More broadly, the economic climate could be worse than anticipated earlier this year.In the update of its forecast released Thursday, the Institute of Statistics has just downgraded the growth of the first part of 2010.

In the first quarter, GDP should grow and not more than 0.2% and 0.3% in the second quarter. To reach the forecasted growth of government, namely 1.4% – should be that activity in France rose 0.5% to 0.6% over the last two quarters. Ambitious!

The beginning of the year was marked by a recovery in the euro zone, both "tentative and mixed, according to Insee. Then it would open in Germany, Spain was left behind.In the wake of world trade, the demand addressed to France should slow down on the horizon in mid-2010.

Employment adjustment

For their part, companies are hesitant to implement new investment projects, "despite improvements in their conditions of funding" flexcheck cash advance . And this, especially as production capacities are still underutilized.

Among households, nothing euphoric either. In the first half, the purchasing power will continue to slow down (+0.1% in the first quarter, 0.3% in the second), due to a slight rise in inflation and an acceleration of tax burden. Thus, while consumption has resisted during the crisis, it fell in the first half.

The aftermath of the scrapping bonus there is not nothing.End of 2009, auto sales had jumped into effect, households with their anticipated purchases to take full advantage of the generosity of the measure.

As for employment, finally, he would continue to adjust, albeit at a more modest pace. The private sector will lose 80,000 more jobs by mid-2010, after destroying 100au second half of 2009 and around 260000au first. Unemployment would reach in France and 9.8% of the workforce in June. At the end of last year, it was 9.6%.

The French Prime Minister Francois Fillon reiterated on Thursday before the Senate that the unemployment curve "should be reversed in the second half of 2010.

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"Before the end of the year, the price of triple-play goes up." Such is the prophecy made Tuesday during the presentation of the findings of Iliad, by Xavier Niel, founder and principal shareholder of the operator. In a market that has stabilized around 30 euro package in the wake of Free, this increase in the subscription price "repository" around 5 euros. "I do not say we will follow the main park [4.5 million subscribers, editor's note], but new subscribers are likely to be affected," claimed Xavier Niel.

To justify this increase, Xavier Niel has presented "two culprits." The government, which voted the tax on providers of Internet access to compensate for the purpose of advertising on France Televisions. And the UFC-Que Choisir, re-load virulent founder of Iliad.The Consumers' Association has recently reminded Free their obligation to send monthly invoices in paper format to its subscribers. This represents "hundreds of thousands of trees" shot while subscribers "do not want" held Xavier Niel.

Practices "unfair and illegal"

The dispute between Free and UFC-Que Choisir back in December, when the Consumers' Association has accused the operator of "unfair and illegal." According to Xavier Niel, Free is rather better than its competitors in this area, but is a victim of a smear campaign of the UFC-Que Choisir, who considers that there "there is an actor who is talking too much him, which is too consumerist and eats a little about what they are "saving account payday loan .The announced price increase is "fixed by the UFC," he summarized.

For Edouard Barreiro, in charge of new technologies to the UFC-Que Choisir, these accusations are all both "absurd and ridiculous." "I do not know what one is asked what would increase prices," he held, adding that the association wished that only subscribers who request to receive their invoices in paper format. Orange and SFR, which already bills in both formats.

To address the relationship between Free and UFC-Que Choisir, the high court had appointed a mediator on Tuesday.The association also alleges Free cancellation within a month longer than the maximum of ten days set by the Chatel Act in 2008, the incentive to subscribe to direct debit and the subscription option "Service more "to 9.99 euros per month, checked by default when opening an account. She claimed 535,000 euros in damages to Free "for damages caused to the collective interest of consumers."

Rio Tinto and Google. In recent months, two cases have come spectacularly recalled that the business climate here was much celebrated its "Chinese characteristics", more often worse than the best low interest rate personal loans !!!???!!! ???!!!. And he even tended to become increasingly harder for foreign companies, with limited access to market, a heavy political interference and opaque legal system.

The French group Bourbon Marine Services has published its 2009 results. Its turnover reached 960.5 million euros, up 3.1% thanks to good growth in offshore activity. Indeed the latter represents more than 84% of overall turnover and increases of 20.5% over the year.

Net income group is however down from 30.8% to 155.4 million euros.This decline is mainly due to "capital gains on sales of ships and disposals of shareholdings" conducted in 2008 indicates the group's CEO, Jacques de Chateauvieux.

It will be proposed to the Annual General Meeting of June 9, 2010 the payment of a dividend of 0.90 euro per share, an increase of 10% given the award occurred in 2009 of one bonus share for every ten held low fee payday loans .

Outlook 2010

The group expects for 2010 an increase in oil activity bodes well for its offshore business. Concerning its activity of bulk, Bourbon said that "the development of charter rates will continue to depend on the dynamism of the Chinese economy." In these two activities, the group will continue to expand its fleet.

The French oil group Total announces in a statement signed an agreement to acquire 50% stake in a concession owned by OilTechnoGroup (OTG), a subsidiary of the Kazakh Polish company Petrolinvest. This concession is located in north-west of Kazakhstan over an area of 5,500 square kilometers on land. This acquisition is still subject to approval by local authorities.

Total will become operator of the permit. The group will perform works of seismic reprocessing and drilling wells. "A well has been drilled with encouraging results," the statement said.For Yves-Louis Darricat?re, Chief Exploration and Production of Total, Kazakhstan is "an area with promising potential.

The oil is present since 1992 in the country through its participation from 16.8% in the North Caspian license that covers the giant Kashagan field, which should go into production in late 2012.

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In two weeks the next European Council, which will take place on 25 and 26 March in Brussels, French President Nicolas Sarkozy and Gordon Brown, British Prime Minister have reiterated their respective willingness to strengthen cooperation between the two countries to continue their recovery plan to generate higher growth. "This is not because we came out of the crisis that we must adopt reforms on financial regulation," said Nicolas Sarkozy.

Back on the strengths of the press conference between Nicolas Sarkozy and Gordon Brown /

Hedge-fund

Although there are still disagreements between the two men on the subject, Nicolas Sarkozy and Gordon Brown, want to fight against speculation in financial derivatives. "Hedge funds have a heavy responsibility in the financial crisis. We must regulate them. It is expected that Gordon Brown defends the interests of the City.Our Ministers of Finance are working to find a balance "said Nicolas Sarkozy.

Tanker

Regarding the case on the EADS tanker, they were disappointed by the decision of American cash advance today . "I do not like this decision. Gordon Brown and myself are against protectionism. These are not good methods for Europe and the United States with whom we are close. If they want to be heard in their fight against protectionism, they should not be protectionist themselves, "continued the French President. And Gordon Brown added: "We believe in free trade. This decision is a disappointment. "

Nicolas Sarkozy will meet on this U.S. President, Barack Obama, next March 30 in Washington.

Tax on financial transactions

"I think the taxation of financial transactions. It is normal, given the high deficits of our country that we create innovative financing. They will be more global, less competition between our countries will be upset, "said the president.

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Finishing the week? The CAC 40 seems to opt for green, as shown by the opening in positive territory for the flagship index of Paris. The CAC 40 rose gently to mid-day, from 0.51% to 3948.88 points. This morning, the Tokyo Stock Exchange closed on an increase of 0.81%. Investors seem determined to turn the page of a meeting yesterday where the red flagship index in Paris fell 0.37%.

In London, the Footsie, which had initiated the meeting continues to grow positively (+ 0.40% at midday at 5639.61 points). Even moderate enthusiasm for the DAX index of the Frankfurt Stock Exchange, which opened after a gain of 0.26% to 5944.57 points, appreciated by 0.70% to 5970.26 points.

The few lingering doubts in the markets due to the mixed signals sent to the assumption by the United States, Japan and China.The latter confirmed his great form with a rise in industrial production by 20.7% yoy in January and February, coupled with increased investment in fixed assets of 26.6%. But the United States, the government announced a record budget deficit of 220.909 billion dollars in February, while the decrease in the number of newly unemployed was less than expected, with 462,000 new registrations against 460,000 estimated.

In Japan, meanwhile, lowered its estimates of GDP for the fourth quarter 2009, up 0.9% from the previous quarter, instead of +1.1%. This is in addition a possible credit crunch in China because of rising inflation (2.7% in February).

All these elements must be digested by the markets, especially as new major announcements are expected this Friday.Firstly, the current account deficit remained virtually stable in France in January over December, to 3.4 billion euros, against 3.3 billion euros in December, according to the BDF.

Moreover, industrial production rose 1.7% in January compared to December in the euro zone, according to data released Friday by the European statistics office Eurostat.

Markets now expect the United States, retail sales, the Michigan index of consumer sentiment and business inventories.

The automotive sector in great shape

The CAC 40 is pulled up by the automotive sector. Renault (+1.85% to 33.885 euros) is the fourth largest increase in the index. It is preceded by Peugeot (+1.90% to 21.990 euros). Far behind Michelin earns 0.46% to 57.19 euros. Valeo lost 0.22% to 24.91 euros.Faurecia is gaining 0.53% to 14.33 euros.

The bank also support document: Credit Agricole (+1.20% to 12.2 euros), BNP Paribas (0.67% to 57.28 euros) and Societe Generale (+1.66% to 44.730 euros) seem announcements have given the Chinese tighten credit.

EADS (-0.07 to 14.840 euros): the controversy swells around the financing of the A400M. Matignon is mulling an appeal to the general loan or option focusing on the state budget.

Pernod Ricard (+0.10% at 60.30 euros) which has launched a bond issue of 1.2 billion euros on Thursday, brought together an order book exceeding 5.5 billion euros. The proceeds from the offering will be used to repay the installments shorter credit union to extend the maturity of the debt.

Total (stable at 39.10 euros) is always under pressure.The CGT oil group called for a resumption of the strike in the refinery when the Justice will rule on his request for interim measures for the crime of interference with employee representative bodies. The CEC will file early next week a motion to that effect.

Mich?le Bellon, Assistant General Manager of Dalkia, will succeed Michael Francony at the head of the ERDF, the distribution subsidiary of EDF (-0.42% to 38.125 euros).

EDF Energies Nouvelles has announced Friday that U.S. power company Indiana Power and Light (IPL) had canceled the contract of sale of electricity on wind project Lakefield, in south-west of the State of Minnesota. The Exchange sanctions: -2.80% to 36.160 euros.

Cellectis (-0.69% to 10.02 euros) on Friday announced a turnover in 2009 rose 14% to 12.1 million.The group also announced a strengthening of its cash to 45.6 million euros against 28.7 million a year earlier.

As for publications, Rally (-1.18% to 25.9 euros), which controls Casino (-0.25% to 60.86 euros) will announce its annual results.