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The French seem to have taken note of the looming recession in the eurozone. Consumer confidence has lost three points from October, to 79 points, INSEE reported. He returned to a level not seen since February 2009, when France was plunged into crisis. Economists did not expect such a decline, on average expected a loss of one point of the indicator.

"The current financial crisis, the second level of rigor and concern about the purchasing power (mainly because of higher diesel prices), explain the fall of the indicator," Analysis Dominique Barbet, an economist at BNP Paribas .

Households are also very pessimistic about their future living standards, which fall 8 points. Since July, this indicator has been awarded 20 points. It is now a record low.

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Not speak the language of Goethe, which he considers as a language of the past, fewer Alsatians will work in Germany. "If we do nothing to improve the teaching of German, 50 000 jobs are threatened in the next ten years in Alsace," says Alexis Lehmann, head of the Franco-German Foundation Agreement (Fefa). In his view, the neglect of German in Alsace is compounded by the decline in the regional dialect.

"The dialect is in free fall, it is no longer practiced by the young and in urban areas," says Alexis Lehmann. The "dialect" of Alsace, which Germany is considered the writing, has long allowed the Alsatians to find jobs across the Rhine."The regional had in Germany ( no fax payday loans…) the reputation of being a reliable workforce and disciplined." Of course, the consequences of this decline are difficult to quantify, but a study by the Institute believes that Euro- There were 10,000 French border over ten years ago the Rhine. It is time to take the case to round the body: 8% of the labor force works in Alsace Germany. But perhaps he will also boost the learning of dialect family in the evening by the fire to fight against unemployment in Alsace.

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If one refers to the precedent of Greece, Portugal and Ireland, it took only sixteen days for the 7% is exceeded, after the passage of 6.5%. Equity markets should turn down. A return of the CAC 40 points to 3000 is to be feared.

The price of insurance against default soared

Predictions are difficult. On the one hand, the pressure has never been stronger on Silvio Berlusconi. On the other hand, the alternative policy is not clear, Berlusconi managed to get over the past 50 years successive votes of confidence.

The markets have really lost confidence in Italy this year. Earlier this year, providing 10 million euros of Italian bonds was less than 200,000 euros. Today, it costs more than 500,000 euros to carry out this operation.

The opening of a new generation of "palaces" some months apart, Le Royal Monceau (opened October 18, 2010), Shangri-La (December 17, 2010) and Mandarin Oriental (28 June 2011), has changed as ever the small world of luxury hotels in Paris, forcing the oldest palaces in a serious challenge. In this new context, the Ritz is not alone in having to close for repairs.

Reportedly, Le Crillon, recently sold by Starwood Capital to one of the descendants of the Saudi royal family, plans to close in the second half of 2012, probably for a period of two years. Management has already attacked the facade and roof, but not inside. The idea is to keep the French style, classic 18th, upgrading the hotel, he in turn can officially claim the distinction of "palace", introduced in May by the government.The hotel has no spa, no pool. The technical installations and the rooms have aged. According to a close case, the amount of work would be between 70 and 100 million euros. Not far from the Place de Concorde, the Plaza is also preparing for months of work, avenue Montaigne. "The Plaza Athénée will start the work of great importance following the acquisition of three buildings adjacent to the hotel last year, says Le Figaro Francois Delahaye, his boss. These projects are planned for the end of 2012.Among the possibilities, a closure is planned for five months, from November 2012. "

According to Gabriel Matar, director of Jones Lang LaSalle Hotels France, the average price of a night in a palace of between 750 and 1000 euros, "defending his position became increasingly difficult as competition comes from both new entrants and old, who spend millions to keep the quality of their product. " For the record, the George V was completely renovated between 1997 and 1999. "Otherwise, it would be today as the Royal Monceau and The Prince of Wales prior to closing," said Gabriel Matar."We currently have the best average revenue per room in Paris and we did not want to raise our market share by newcomers!" Says François Delahaye.

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After closing in the red last week, the Nikkei is displayed up on Monday. At 6:30 on Monday, the benchmark index of the Tokyo Stock Exchange gained 1.45% to 8874.93 points, hoping the implementation of strong measures in Europe and the United States to stem the debt crisis.

Other Asian stock markets followed the upward trend in the Nikkei. The Hang Seng Index in Hong Kong gained 1.54% to 18,786.40 points, the Kospi index in Seoul 1.18% to 3948.62 points, the S & P / ASX 200 Index 1.63% to 4274.30 Sydney points The FTSE Straits Times of Singapore 0.83% to 2766.97 points. Only 30 of Bombay BSE Sensex lost 0.15% to 17,056.30 points.

The global optimism of investors in Asia follows the G20 finance ministers held this weekend in Paris. Europeans have in effect promised to respond "comprehensive and lasting peace" for the euro area.The central bankers have therefore agreed to support and rebalance the global economy in a context of heightened tensions, and lead coordinated policies in the short and long term. With the line of sight: "strengthening growth" of the Old World and the "fiscal consolidation", reads the communiqué. Above all, they promise to make a decision at the European Summit of October 23, described as "decisive" on Saturday by Minister of Economy Baroin.

A savings plan expected in the U.S.

On the other side of the Atlantic, U.S. President Barack Obama must include measures of fiscal consolidation through a savings plan low fee pay day loans. Last Friday, the country's budget deficit stood at 8.7% of GDP in 2010-2011, 0.3 points less than in the previous year, according to the Treasury.In absolute terms however, the fiscal gap widened slightly compared to fiscal 2010, 0.4%, to more than 1.299 trillion dollars, making it the second biggest deficit of the history of the United States.

In China, Beijing also pledged to "rebalance" its growth engines through a battery of measures this week. And after the announcement of the failure of 20% of the 360,000 small businesses in Zhejiang Province since the beginning of the year.

Oil is up

On the foreign exchange market, the euro fell slightly against the U.S. dollar on Monday morning at 1.284 dollars (-0.21%). While oil was up in Asia after a barrel of "light sweet crude" for November delivery clinching 35 cents to 87.15 dollars in early electronic trading.Barrel of Brent North Sea crude for December delivery gained 18 cents to 112.41 him dollars.

Further decline of Olympus

As for values, Olympus plunges 23.86% in Tokyo to 1557 yen after the dismissal of its chief executive last week.

In Sydney, Rio Tinto rose to its share of 2.42% to 69.95 Australian dollars. On Monday, the mining group, announced the sale of approximately eight billion dollars in assets in aluminum, four years after the giant bought Alcan for 38 billion.

On May 15 the "outraged" Spaniards camped in the square of Puerta del Sol in Madrid. Borrowing their name to the pamphlet by Stephen Hessel, they said they were inspired by the Arab Spring to shout their rebellion against the explosion of unemployment and austerity policies implemented by the government … Since then, the challenge has been extended in the rest of Europe but also overseas. Five months after the birth of the movement in Spain, in 82 countries is that these "outraged" will show this Saturday, October 15. Zurich to New York, to Rome, Tijuana, Hong Kong and Johannesburg, calls have been launched in 951 cities worldwide.

Their message to politicians and financial elites, as can be read on the site 15october, is: "The powers that be working for the benefit of some ignoring both the will of the majority that the price human and environmental we pay. This intolerable situation has to stop. "On the site of the movement Occupy Wall Street, the tone is the same:" The thing we all have in common is that we are the 99% who will not tolerate any longer the greed and the corruption of the remaining 1%. "In Italy, the program is summarized as follows: "Occupation of public places by millions of people who do not want to pay the enormous economic and social crisis in the place of those who have caused: political power industrial, economic and financial" .

No central authority

This day of action is to cross an important milestone in the movement, which now acquires an international dimension. "It was needed to make weight against the power of financial markets that operate on a global scale," says Sophie Banasiak, "indignant" Paris.

However, there is no central body to coordinate the different actions. "If the collective Democracia Real Ya played a leading role in the initial mobilization in Spain, he does not prevail, either in the capital of the country or world, Heloise said Nez, a sociologist at the University Paris 13.Many groups are working together, but none have hegemony over the movement horizontal and egalitarian aims. There is no visible head and outraged caregivers to regularly change the voice. "

"If someone asks you 'who is behind it', they reply: 'I'" retorted on those who seek the organizers. The spread of a city or country to another must be spontaneous, for emulation. A process greatly facilitated by social networks, where multiple keywords are emerging, such as "yeswecamp", "# yosoy15O", "# event15oct" or "# Globalrevolution" … "I do not even know exactly who launched the idea of ​​the October 15, recognizes Spyros, OccupyLSX supporter of the movement in London.We have seen that call for Saturday and it was inspired by the movement Occupy wall street to do the same thing here. "

Specific demands of each country

If dissatisfied with the world found common denominators, claims and complaints are divided again according to national issues. In Spain, Real Democracia Ya accent has been on the reform of the electoral law to end the two-party system as well as stopping the evictions of indebted owners. In Anglo-Saxon countries, it is mainly finance, pointed as responsible for the crisis, which is targeted. Witness the names of the movements that develop, "Occupy Wall Street" and "Occupy London Stock Exchange (OccupyLSX)." In Israel, the mobilization is the expensive housing while in Italy, the outraged refuse to pay "a debt they have incurred."But all these central issues do not prevent each protester to express other concerns. In Spain some point impunity surrounding crimes of Francoism and the United States is denounced police brutality or the death penalty …

Above all, each city retains its autonomy: information flows globally, but "decisions, they, are taken at meetings in every city, Banasiak said Sophie. Each city chooses its own way of decision. In Paris and Madrid for example, is the consensus. The international dimension does not change the fact that the essence of the movement is local: it is in the physical encounter and dialogue in the streets. "

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With the individual

The return started badly for the owners of second homes and rental property holders. Indeed, the regime for the taxation of real estate capital gains has been cured. The holding period beyond which the added value of a building is exempt rose from fifteen to thirty years. This hardening will apply to sales contracts signed on or after 1 February 2012. Exceptionally, contributions to building a family SCI are subject to the new tax since August 25, 2011. Provide building a SCI was nevertheless a good way to purge the existing capital gains without the poor well.But the string must have seemed a little rude to the tax authorities that as a result, anticipated the entry into force of the reform for such operations.

The sale to SCI allows it to delay the hardening of taxation?

There is still a solution if you do not want poor of the property immediately. The law anticipates the entry into force of the reform of real estate capital gains only to contributions made since SCI August 25, 2011, without seeking specific sales.

You can sell before 1 February 2012 your property to SCI which you are a partner, allowing it to retain its heritage.The sale has the effect of purging the capital gain, and if the property is held for more than fifteen years, this gain is fully exempt.

The administration may be invoked by abuse of rights?

Some precautions are necessary, the administration could in fact invoke the abuse of rights. This weapon allows him to dismiss the actions without any purpose other than to avoid or minimize taxes. Fraud is established when the taxpayer and research purposes only tax, and gets that advantage by a biased application of laws or administrative circulars against the objectives of the author low fee payday loans.The penalty is heavy, the taxpayer risk a tax increase of 40% or 80% if the cause of the act or its primary beneficiary.

How to guard against abuse of rights?

To rule out such a threat, "we must be able to prove that the interposition of a company structure responds first to an asset strategy. Better, then, that the owners of the property are not the only members of SCI, "advises Lionel Saint Georges Chaumet, Director General of Finance Aforge. This will be the case for example if your children are part of the SCI. "It is possible to break up and then give the shares, keeping the usufruct parents and children becoming bare owners.Nothing prevents other hand, after a reasonable period of two to three years to sell the shares to a third party to distribute the proceeds of the sale between parents and children, "said Ms. Murielle Gamet, notary Chevreux study. Finally, you can object to tax the proprietary interest in the sale of an SCI if the operation is intended to free up cash to reinvest this money in another property without it being necessary that children participate in the assembly.

Before undertaking the assignment to a SCI, check that, financially, it's worth the effort. The cost of purchase by the SCI (allow, for example, € 14,000 to € 200,000 a well) are added from 1000 to 3000 € fees for writing articles if the company is created for the occasion.

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"Soon your new Dacia Box here." That's the kind of advertisements that bloom right now in the vicinity of concessions Renault. Dacia Box? This is the name of concessions Dacia brand of low-cost cars from Renault. While the group had only twenty Dacia concessions at the end of last year, it will create a sixty Dacia Box by three months, bringing the number of the last 150. "The goal is to reach two hundred Dacia Box later in the year 2012," explains the director Dacia brand of France, Alain Lehmann.

Until now, most of the 400 concessions Renault had a space with one or two sales representatives dedicated to Dacia. But the group quickly issued the desire to give the brand a Romanian full place to separate more clearly the two clienteles.Alain Lehmann and meet an internal statistic: "Three quarters of people who bought a Dacia Renault have never seen in their world of doubt." This policy of differentiation would be aimed primarily at boosting sales of Dacia to reach the "6.5% market share in cities where there is a Dacia Box, against 5.5 to 6% where there is none," and not to limit snacking on the Dacia brand diamond as claimed by some commercial yet. "If this happens, it sincerely marginal", for its part denies Alain Lehmann.

Moreover, if the Renault group now separated physically universe of its two brands, Dacia Box are designed in order to save high risk personal loans.So first of all in cities of 150,000 or more inhabitants, and in the towns 'high potential' that dealers are investing with their compulsion to install Dacia Box on land near the existing Renault dealership. "The showroom must be at least 200 m² for us to explain it five to six cars." Investing for the Renault would amount to "150,000 to 300,000 € depending on the local property market," says the Director Dacia France.

More visibility

Through this strategy, the group led by Carlos Ghosn gives more visibility to its cars made in Romania, while registering in the world of Renault. In addition, this proximity with a dealer installed allows Dacia Box to receive, without additional costs, administrative services (order tracking, maintenance, etc..) Concession by Renault.The client, it will find its close garages for repairs.

Last year, Dacia sold 105,000 vehicles for "an average basket of € 12,000." This year, the figures would be worse. "In August, we record a decrease of 20,000 registrations compared to last year," says Alain Lehmann. Designated culprit: the end of the government bonus of 2,000 euros on LPG vehicles, an engine that had previously participated in the success of Sandero, the Romanian city of the manufacturer.

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The automotive sector is on the alert. As shown in Le Parisien on Saturday, Brussels would consider tax per liter of diesel in Europe from 8 to 15% more than gasoline. A directive to this effect must be examined by the European Parliament in November for an application expected in 2013. Objective: To fight against this highly polluting energy, used by nearly 7 million cars in Europe.

The European Commission highlights the paradox between a cleaner gasoline and cheaper duty-sold more expensive at the pump, and diesel more expensive duty free, massive source of emissions of fine particles hazardous to health, and less expensive for motorists. She said outside the UK, the tax treatment of petrol and diesel in Europe is "flawed" and needs the overhaul.

Concern

For manufacturers, the news comes at the worst time.These are already working on the application in 2014 of Euro 6, which calls for reducing carbon emissions and fine particles. This standard requires them to implement expensive technology on diesel vehicles that will increase the price of these cars from 1500 to 2000 euros. What scare away customers. If in addition the price of a liter of diesel fuel were to increase significantly, the diesel car market could collapse.

The Committee of French Automobile Manufacturers believes that the introduction of this directive in France could lose 20 points of market share on the sale of diesel cars. In the columns of Paris, its president, Patrick Blain, worried: "The decline in production in French factories (on the cutting edge in the field of diesel, ie) would inevitably have social consequences," he warns.

Professionals and individuals may also choose to get rid of their cars too expensive, which could lead to plummeting prices of diesel cars. "It may be possible to adopt transitional measures that will leave everyone time to adjust," said he.

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After signing Friday its worst week in three years the New York Stock Exchange rebounded on Monday following the trend-driven European stock markets, boosted by rumors of bank recapitalization. At the close, the Dow gained 2.53% to 11,044.17 points. While the Nasdaq rose 1.36% to 2517.10 points.

Investors have been carried by a wave of optimism about the commitment of Europeans to stop once and for all the crisis of sovereign debt. U.S. markets saw their earnings accelerate "following news reports that a European official said that a clear plan to restore the right conditions in Europe was in development," reported analysts at Briefing.com AFP. According to the financial channel CNBC, the plan foresees the creation of a European Investment Bank, whose aim would be to issue bonds to buy back debt."We feel that the project to leverage the EFSF (European Financial Stability Fund) is well underway," said the American channel.

In fact, Germany is expected to vote Thursday the agreement for the expansion of the scope of the relief fund of the zone (EFSF), which could become operational sooner than expected. Sunday, German Chancellor Angela Merkel expressed confidence the outcome of the vote. However, the German finance minister, Wolfgang Schäuble, said on Monday that Europeans had "no intention of bailing out." "We give him the tools so he can act if necessary.After we will use it effectively, "he said during a television interview.

The U.S. economy is still in doubt

Remains that the good wishes expressed by the euro area appears to find a quick solution to the crisis revived a little balm in the middle market, worried about the strength of global growth and a failure of Athens. In fact, it's a race against time to be playing this week to save Greece. The International Monetary Fund (IMF) said that a delegation will travel to Athens this week to determine whether or not the country can benefit from the sixth round of eight billion euros, it vital to avoid bankruptcy. Note that the Greek finance minister, Evangelos Venizelos, announced late Monday it would hold a press conference Tuesday at 11 am.However, his ministry has not provided information on the nature of his statements.

Across the Atlantic, a new indicator of real estate, however, is a reminder of the shaky state economy: new home sales have indeed fallen by 2.3% in August, following a decline of 0 , 3% in July (revised from -0.7%), according to figures released Monday by the Commerce Department. After the publication of these figures, Sarah Bloom Raskin, Governor of the central bank, however, suggested that the U.S. Federal Reserve (Fed) may have to further relax its monetary policy to help boost growth and reduce unemployment.And, while the previous week, "Operation Twist" from the Fed, was considered inadequate by the market, which did not appreciate the lack of liquidity injections into the economy.

As for currencies, the euro has returned to near $ 1 personal business card.35 on Monday: in the late evening, the European currency traded at 1.3467 dollars against 1.3503 dollars on Friday at the same time. For their part, oil prices rebounded slightly on Monday in New York after the collapse of last week, taking advantage of the hope of strengthening the arsenal of anti-crisis in the euro area. On the New York Mercantile Exchange (Nymex), a barrel of "light sweet crude" for November delivery ended at 80.24 dollars, up 39 cents from Friday.

Values ​​to follow

The Boeing 787 (4.2% to 62.01 dollars) will finally become operational after three years behind schedule.The manufacturer delivered its first Dreamliner yesterday at the Japanese company All Nippon Airways for $ 200 million. The reduction of the unit would save 20% of fuel consumption, according to the manufacturer.

The video sharing site online Netflix (2.21% to 132.22 dollars) has signed a replay of movies with DreamWorks, who has produced the animated film Shrek. Previously linked to the pay channel HBO, the studio is the first American to prefer a website with a conventional chain. The operation could yield $ 30 million per film to DreamWorks, according to analysts.

Note CocaCola (1.98% to 68.76 dollars) intends to invest nearly $ 3 billion (2.2 billion euros) in Russia over the next five years, his strategy being to to increase its presence in emerging markets, said CEO Muhtar Kent told Reuters Insider.

Chevron (1.64% to 91.49 dollars) Monday gave its final green light to a proposed 29 billion Australian dollars (28.4 billion dollars, 21 billion euros) in the liquefied natural gas (LNG ) to Wheatstone, in Western Australia.

Dollar Thrifty (-0.18% to 59.47 dollars) The car rental group said it expected that its adjusted EBITDA shows a jump between 17% and 28% in the third quarter, and noted the amount its share repurchase program to $ 400 million against 100 million previously.

Bristol-Myers Squibb (0.16% to 30.94 dollars) will be able to cope with the expected drop in sales next year due to the expiration of its patent on Plavix in the U.S. in May , one of the most important drugs in the pharmaceutical group, announced Monday its managing director Lamberto Andreotti.

The website site group purchasing, which aims Groupon a valuation of $ 20 billion, would call into question the timing of IPO. The group is cooled by a volatile market but faces above the federal authorities who refused certain elements of his record says the Wall Street Journal. In addition, the group's director of operations resigned five months after his arrival.The same day, Groupon has revised down its sales in its IPO document, placing it now at $ 688 million for the first six months of the year, instead of the more than 1.5 billion yet he claimed last month. The net loss was revised down slightly to $ 204 million instead of 205 million. And according to the Wall Street Journal.