Archive for the 'money' Category

Greece: the confusion between the major parties

Auto Date Monday, May 14th, 2012

 

An agreement was reached between three parties, conservatives, socialists and a small leftist party, for a two-year interim government charged with implementing the austerity program "criminal" in Greece, said Sunday the leader of the left radical.

"Three parties have agreed on a plan to a government two years to implement the agreement on the loan (rescue of Greece). They have 168 MPs in the new Parliament, they have the majority, "said Alexis Tsipras, leader of Syriza, after 90 minutes of crisis talks with the Socialists and conservatives around President Karolos Papoulias.

Leaders of both major parties were less certain. When he left, the Socialist leader of PASOK, Evangelos Venizelos, argued that this first meeting led to "gridlock." For its part, the Conservative leader of New Democracy (ND), Antonis Samaras, assured that Syriza had again refused to attend, and even simply to support a coalition government, even if it was committed to "renegotiate" the agreement with the creditor countries, EU and IMF, which required a severe austerity cash advances pay day loan.

"I made every effort to obtain comprehensive cooperation", told reporters Mr. Samaras, who had said on arrival at the meeting its desire to form an interim coalition government for a period of two years, with mission keep the country in the euro area.

If that fails, new elections will be held by June 17. The left-wing party Syriza is favored according to polls. Raising concerns about a failure to comply with past commitments.

Creditors of Greece, starting with the EU and Germany, have made clear in recent days that if the country did not honor the commitments it made in exchange for rescue loans that were granted, they would cease to provide funding, and should consider leaving the euro zone.

Brussels, in its latest economic forecast, expects to Greece in a recession of 4.7% this year and zero growth next year. Greece must repay 15 May € 435 million of maturing debt.

Be realistic when you ask borrow money using online payday loans. Do not borrow more than you can afford to pay back, even if they offer you more money.

OPEC downgraded its forecast for eurozone growth

Auto Date Thursday, May 10th, 2012

 

Economists at the Organization of Petroleum Exporting Countries (OPEC) do not see the evolution of the European economy with optimism. "Industrial activity continues to decline and it remains to be seen whether, in the second half of 2012, growth will become positive, as is widely expected," it said in its monthly report the organization based in Vienna, published Thursday.

OPEC said that political uncertainty on the Old Continent is "higher a few months ago," because the "results of any recent presidential elections in France, the forthcoming parliamentary elections in France and the Netherlands, of new elections likely in Greece and a referendum on the fiscal pact in Ireland. " All factors that lead OPEC to forecast a GDP of the eurozone declined by 0.4% this year, a deterioration compared to the 0.3% decline expected in the previous report.

Drop of oil by 3.9% in April

OPEC, which produces about one third of the world's crude, month after month scrutinizes the state of the international economy. About the United States, the organization of Vienna is rather pleasantly surprised with a "higher growth than expected." U.S. growth forecast unchanged at 2.3% for 2012. With one caveat: the budget deficit will remain around 8% of GDP, above the average of OECD countries, at 5.6%.

Regarding oil, OPEC noted that after three months of increases at the beginning of the year, a barrel of black gold has declined in April, 3.9% for the "reference basket of OPEC ", which stood at 118.18 dollars (against 119.71 dollars per barrel of Brent listed in London, main world market reference).

A decline that has begun to feed for three weeks in the pump prices for French motorists. The increase in OPEC production (mainly provided by Saudi Arabia, Libya and Iraq) has allowed the placing on the market by nearly a million barrels per day (mb / d) on the market since the start of the year.

The estimated global oil demand for 2012 remains virtually unchanged this month, to 88.7 mb / d, up 0.9 mb / d over a year. It is driven by the "stabilization of the U.S. economy" and the closure of all Japanese nuclear power plants.

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New deal for public sector CEOs

Auto Date Monday, May 7th, 2012

 

The political will she heads fall in major French companies, starting with those in the public sector? The question fueling rumors and conversations of the economic world for months. No obvious answer hitherto. Because, during his campaign, Francois Hollande has blown hot and cold. In February, the PS candidate denounced the "Sarkozy system" and promised to "senior officials" related to it they should leave their place to others. The purpose was explicitly justice and the prefects. But it could also implicitly threaten business leaders. Wednesday, during the discussion of inter-towers, Francois Hollande had strongly criticized Nicolas Sarkozy had "called his family around," "including in banking." Virulence raising concerns for some a witch hunt in the economic sphere. A nasty rumor suggests a "top five", five figures, therefore, that would give priority to land.

Meetings behind the scenes

Francois Hollande, but also promised a presidency "non-partisan and impartial." The implementation of this commitment would prohibit so to make a waltz leaders. This example is in this spirit that the applicant plans to change the designation process for leaders of public broadcasting.

For patrons of public enterprise, implement the strategy of state ownership and demonstrate a good record-may indeed be sufficient to maintain, at least until the end of their term personal loans for people with bad credit. This theory of smooth switching on the economic field has been given credibility in the last days of the candidate's campaign. The signals of appeasement towards the business community have multiplied as informal contacts, meetings behind the scenes intensified between teams of Francois Hollande and bosses. Classified personalities left in the staffs of major groups and institutions, the policy mix is ​​often appropriate, helped get the message. And internally, small teams have everywhere to have floored the day comes, projects that "stick" better to the new directions of state ownership.

The truth will lie most likely between the two. Neither bleeding nor status quo. Attention will focus on the leadership position in the most emblematic, as Proglio. At left, the boss of EDF was this winter called "PPH" pass away the winter. Today, his fate divides the entourage of Francois Hollande. But the large French public sector could also be a big shell game. Leaders marked left and already employed, as Guillaume Pepy (SNCF), Pierre Blayau (Geodis) or Philippe Wahl (Post Bank), can be "promoted". New people arrive. Or return of old, as Anne Lauvergeon, old Sherpa Francois Mitterrand and former boss of Areva. Finally, some might choose to leave, especially if Francois Hollande is carrying out his threat to put them on the wagon.

Redford: "The theater will not disappear"

Auto Date Saturday, May 5th, 2012

 

Founded thirty years ago, the Sundance Festival, dedicated to independent film, has created television Sundance Channel. Founded by Robert Redford, it is now broadcast in North America, Asia and Europe.

LE FIGARO. – At 75, you have nothing more to prove. Why do you continue to be so involved in the project Sundance?

Robert REDFORD. – There are two answers. The first is rather personal. When undertaking a project, it grows and succeeds, he must know how to lead the way. And as we are able to do it right, we must continue the self. The second reason is that Sundance Festival began thirty years ago, confidentially, in a small mountain town in Utah. It was well received and was able to cross borders. The second step was the creation of the Sundance Channel television network, now distributed in several countries. We have the opportunity today to export the festival itself. I think this opportunity is Sundance as a whole.

Why did you choose to export the Sundance Festival London and not Paris, for example?

Just because it was London that I was offered. If Paris had done, I immediately agreed. I am very attached to this city where I started my career, and France has played a big role in my story to film. It is astonishing that Paris does not have its own film festival. International in scope, there is always that of Cannes today. In addition, Sundance has long been a festival of American independent cinema where we showed films and documentaries mainly American. Gradually, Sundance opened and has become a multi-cultural exchange. This new festival in London, which took place last weekend, is the opportunity to highlight this aspect of trading. These are no longer limited to the movies, since Sundance London includes other art forms like music.

Is television, you think more creatively than the cinema?

The major studios have been major developments in recent years, mainly due to the arrival of a new generation of managers. With them is a different perception of this profession that has taken over. Leaders of the studios no longer had the eyes on the working capital. They mainly favored the financial aspect of production. This resulted in a dwindling production with a focus on blockbusters, but also those who worked on the films. And many talents who worked for the film were left out. They were found on television that works faster, more flexibly, but also who pays very well. This is where they have exercised their creativity, successfully.

Is there still a place for independent film?

The defense is my mission. Of course it is very difficult. And it is clear that there is less and less money to make films of this type. When we launched Sundance, the challenge was even more complicated and this independent film was even more difficult today. But I think there is still a place for independent film, and a public taste which manifests itself to this type of production, as evidenced by the success of the festival itself and the chain.

How do you imagine that the film will be consumed in five or ten years?

I do not believe for one moment that the rooms will disappear because new technologies. People will always need to come together to share the things they like and the film calls this type of collective sharing. I am also convinced that the room will continue and that the public will always wish to navigate to enjoy movies. I do not believe that eventually people will just watch a movie alone on a tiny screen. This does not make sense.

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Anonymous

South Korea overtaken by an anti-nuclear campaign

Auto Date Tuesday, April 24th, 2012

 

From our correspondent in Seoul Pavilion rainbow sky slap the Esperanza as a challenge in the port of Incheon. The visit of the Greenpeace ship moored 50 km from Seoul, signals the end of recklessness for the nuclear industry South Korean party to world conquest.

In the aftermath of Fukushima, the environmental organization has made South Korea one of the main targets of his crusade against the atom by opening an office in Seoul. Landing a little appreciated by the government of conservative President Lee Myung-bak, who has repressed two representatives from Greenpeace cast doubt on the occasion of the nuclear summit in Seoul on March 26. And for good reason: the former head of Hyundai has built the atom "growth engine" with Pharaonic ambitions: export 80 plants by 2030, worth $ 400 billion, and climb to the third in the world by winning 20% ​​of the market on the planet!

These spectacular goals set in 2010 have not been formally questioned by the Japanese tragedy, but, behind the scenes, experts in Seoul already recognize that they will hardly be sustainable. For the wind turns the world as the Land of the Morning Calm-. Doubts about the safety of the country's 21 central crack pronuclear consensus that had prevailed since the program began in the 1970s.

Distrust of the population

In March, a failure in Guri, the oldest reactor of the peninsula, was hidden for a month before being brought to light, sowing disorder. Now, 55% of South Koreans oppose the government's target of doubling the share of nuclear power up to 60% by 2030, according to a survey of the Korean Federation for Environmental Movement (KFEM) instant personal loans guaranteed. The Democratic Party, the main opposition, advocates an even nuclear output by 2040.

This wind of distrust is bad news for the export sector whose primary asset is the timeliness of its civil engineering, which is able to build a power plant per year. But Fukushima has cast a pall over the ambitions of Seoul by blurring the growth prospects of the global market while casting doubt on the strategy "low cost" that allowed him to defeat the French in the UAE in 2009.

The chain runs into an economic reality: the discounts offered in Abu Dhabi threatens to make this first contract loss surgery because public banks requisitioned by the government struggling to finance the project. "Taxpayers should not foot the bill!" Warns Won Young Yang Yi, the KFEM.

No question, however, for Korea to give up becoming a great of the atom, while the country has to import 97% of its energy needs. But Seoul is now known that the ascent to Olympus Atomic will be more difficult than expected and postponed his hopes on the Middle East, India and Southeast Asia.

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A Swiss village retains its underground gold

Auto Date Saturday, April 21st, 2012

 

Medel, its official name Lucmagn, is a quiet village of 435 souls nestled at 1332 meters altitude, in the heart of the Alps, in the region of the Lukmanierpass (Grisons). Its inhabitants were just as quiet on their heights until a Swiss mining company, a subsidiary of Canadian Gold NV, may disturb their idyll. Under their feet, in fact hides a gold mine. That company then proposed to exploit this in exchange for 40 million Swiss francs, or about 33 million euros. Against all odds, the villagers declined the offer to two-thirds of the population, after a referendum held in early April.

According to Business Insider, the mine in question, located in a vast pine forest in the snowy peaks and valley Medel, to contain about 1.2 billion dollars of precious metals. The U.S. site information reports that the history of the mine clearly divided the inhabitants of the valley. Some would see a tremendous opportunity in the economic deficient, while others – mostly – highlight their concerns about the environmental impact such a project would succeed.

For its part, NV Gold in talks with the mayor of the small town, more than ever determined to steal the treasure buried by the villagers jealously refractory.

The bosses ready to work with the right as the left

Auto Date Wednesday, April 18th, 2012

 

"We are ready to work with the next government whatever, whatever the outcome of the election on May 6. We think very quickly social issues are at the heart of phase government that opens, "said Tuesday Laurence Parisot, president of MEDEF, during his monthly press conference at the headquarters of the employers' organization.

Anxious to show their determination, the business leaders continue to negotiate with the unions during the presidential campaign on the issues of 1% housing and employment competitiveness. "In addition, we are ready to discuss a social agenda with unions," said Laurence Parisot.

While recalling that Nicolas Sarkozy had made "an extraordinary job under extraordinary circumstances" caused by a financial crisis followed by an economic crisis, the president of MEDEF said "feel closer" to Francois Hollande, the Socialist candidate for the presidential election, "the role of intermediary bodies and of the peer." She also found "very interesting" his proposed "entrenchment of social dialogue" while hoping for clarification on "this ambition."

Reopen the debate on the role of the ECB

Asked about the will of Francis Holland to give a boost to minimum wage, Laurence Parisot is pragmatic. "What interests me just at the moment is that Francois Hollande has said that this would be a discussion, a dialogue," commented the president of MEDEF while warning against "a evolution of the minimum wage that is not linked to productivity gains and inflation developments. " Although it has not yet met Francois Hollande, Laurence Parisot assured that it "might have the opportunity to do so by May 6."

Observing that the ideas defended by the MEDEF on Competitiveness, a zero deficit in public finances are themes of the campaign of Nicolas Sarkozy and François Hollande, Laurence Parisot regretted that Europe is missing from the presidential campaign.

Judging "perfectly legitimate" to reopen the debate on the role of the European Central Bank (ECB), which plays "a role already EUROPEAN growth since that particular Mario Draghi is president," the president of MEDEF said that this debate may be an opportunity to open "another debate on the general direction we want to give Europe". Laurence Parisot has recognized only one real frustration. "What saddens us most is what's missing in this campaign is the resounding praise of the entrepreneur," concluded the president of MEDEF.

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Slowdown in world trade

Auto Date Thursday, April 12th, 2012

 

World trade, which grew by 5% by volume in 2011 will increase by only 3.7% this year due to the debt crisis in Europe, the consequences of the tsunami in Japan and floods in Thailand, predicted the World Trade Organization (WTO).

Numbers far from the 13.8% growth recorded in 2010 and also below the average of 5.4% the past 20 years, notes the organization based in Geneva.

Merchandise exports should grow by 2% for developed economies and 5.6% for developing countries, while imports increase by 1 short term personal loan.9% and 6.2% respectively.

The WTO provides a slight improvement in 2013, with growth of world trade by 5.6%, driven by improved economic situation of the United States and Japan. 

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In any boss sleeps a "geek" who ignores

Auto Date Wednesday, April 11th, 2012

 

This time it is. French bosses have moved to the digital age! They are even more likely to bring their PCs, tablets, smartphones personal office. What makes them so much more demanding on the performance of their professional tool. Recognising the benefits that can bring digital to their business, they have maintained their investments despite the crisis.

Even if they do not always understand what it can serve as the barometer shows the maturity of digital leaders unveiled on Tuesday by IDC and Syntec digital. In fact, 60% of employers have limited use of their tools. They use it to write emails, browse the internet … and only 40% of them hold meetings online or use professional applications. And this, despite having an average of 3.7 terminal and say use both at home and in mobility.

Worse, some even confessed that "after ten minutes" explanations of digital development issues "were bored". Key topics of the moment for this sector remain obscure to the leaders. The vast majority ignores all issues of cloud computing and the consumerization of IT.

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Invest in a pool to counter the crisis

Auto Date Saturday, March 31st, 2012

 

An air campaign in town. At a time when egg prices soar due to alignment with EU standards of cages for laying hens raising fears of a shortage, an idea surfaced: invest in a gallinaceous to have fresh eggs, and cheaper to produced at home than to buy. Came from North America, this trend may seem wacky touches France for some years. Proof of the popularity of the animal since the crisis, the company specializes in garden Truffaut says have sold about 20,000 hens and chicks last year and have seen a doubling in sales every year since 2009.

Raise a chicken in urban areas can indeed be large. Purchased between 10 and 15 euros, well-fed wheat and corn and raised in the open air, a hen can lay up to 280 eggs per year fee. When you know that the price of the box of six eggs increased 60% in 10 years, it is reasonable to talk about goose that lays golden eggs! When purchasing power has stagnated, this is an argument for who wants to reduce his bill at the supermarket. Must still have enough space in his garden or terrace to install a chicken coop because as explained Damay Francis, president of the National Committee to promote the egg (CNPO), "a hen need good breeding conditions for spawning regularly. " Like any pet, it needs a power équlibrée and a hot and dry at night best payday advance.

Fresh eggs … inexpensively

Pioneers in this field, New Yorkers had chosen the path of self-sufficiency in egg thanks to the crisis. But beyond the purely economic, individuals plébiscitent also a return to nature and the desire to better control their diet. Like hives in urban areas, as on the roofs of the Opera Garnier in Paris, the cities will want less and less disconnected from the campaign. And the ecological dimension is also evident. Appreciating the organic waste, hens are true composts on legs.

Last argument in favor of the chicken at home, it can play an educational role with children by introducing them to the natural cycle of production and supply.

The idea grew to the point that some cities are taking initiatives in this area. The latest example, the common Pinched, Sarthe, will propose to offer two hens to households that request them. This operation, already experienced in the town of Mouscron, Belgium, aims to reduce waste and therefore spending garbage collection.

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