Archive for the 'special' Category

Japan's growth revised up in the first quarter

Auto Date Tuesday, June 11th, 2013

 

Prime Minister Shinzo ABE1 seems poised to win his bet. Not only consumer confidence continues to grow. She gained 1.2 points in May to 45.7 points against 44.5 in April. But growth Archipel2 is better than expected.

According to new data released Monday, she recorded an increase of 1% in the period between January and March compared to October-December instead of 0.9% previously expected. On an annualized basis, GDP (Gross Domestic Product) of Japan was up 4.1% and not 3.5%, the government said.

The TSX Tokyo3 which fell late last week suddenly rebounded 4.94% Monday, and in the wake of these good numbers, currency, yen, fell again to 98.40 yen per dollar, to the great satisfaction of exporters.

These companies have also generally declined significantly less investment than previously thought. They have in fact declined by 0.3% in the first quarter as we expected a decline of 0.7% in May.

All factors likely to boost the morale of the Japanese. They show now more likely to be optimistic than pessimistic about the employment in the country, with an indicator rose by 1 online payday loan lenders.2 points in May to 50.2 points.

BoJ meeting

While the monetary policy committee of the central bank (BoJ4) met yesterday and until tonight, some expect that even his ultraaccommodante easing policy. The bank has promised to continue as necessary to achieve its goal of a price increase of 2% per year, but its scope is now extremely small.

What is expected rather than the business, this is the third part of the stimulus package the government. After the fiscal effort and monetary policy, it is the turn of the liberalization of the economy and growth be shock measures. Shinzo Abe gave an outline last week, but he has not said enough and disappointed the Bourse.5 He promised to detail his actions this week. It could, in the process, decide to lower corporate taxes provided they invest. And consider not to touch the VAT, which must pass in two steps from 5% to 10%, if the recovery of the economy is, in his own words, in the process of "tangible and lasting recovery."

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MEDEF: the race to succeed Parisot relaunched

Auto Date Tuesday, June 4th, 2013

 

This is the surprise of the day for those who do not follow the daily succession of Laurence Parisot1 … Geoffroy Roux de Bézieux2 the boss Omea Telecom (Virgin Mobile France …), topped the vote on Monday the Executive Board of MEDEF the government organization for the election to the presidency. With 19 votes, the former president of the employers' association CroissancePlus3 – which aims to become "spokesman bosses" for three years – a short head ahead of the favorite in the polls and large federations, Pierre Gattaz, President of the Group of Industrial Federations.

The son of the former president of CNPF4, the ancestor of MEDEF, previously enjoyed a good dynamic campaign but was convinced "that" 18 members of the Executive Board (of 45) recommend the 560 the general meeting on July 3 to vote for him. As for Patrick Bernasconi, the former lieutenant Laurence Parisot who negotiated all social arrangements the past five years on behalf of the MEDEF, it has received only six votes on its behalf, a score below that 'he expected, seriously handicapping his chances of winning in a month.

"There was a reflex vote helpful to rebalance the country and led to a duel for the election," says Will is in the camp of Bézieux Roux, whose predictions turn gave their champion in mind. "However, there is a month of the campaign and 48-72 hours are going to be important," still holds a council of former President UNEDIC. The attitude of Patrick Bernasconi will indeed be crucial. Found close to the Red Line Bézieux, many are betting on a future rallying the President of the Federation of Public Works to Stop Pierre Gattaz5 totally free credit score. "It will also depend on when it will withdraw," argues a pro-Roux Bézieux. The two men, who appreciate and often exchange by telephone, have repeatedly discussed closer until their application but stumbled on the order of the "ticket". Monday morning in a radio debate, Patrick Bernasconi6 has also not ruled out to do on the day. Things, at least now are clearer on the order of rallying

. First divisions

If the opinion of the Executive Council relaunched the campaign, it is not provided for a sesame Geoffroy Roux de Bézieux. "The members of the General Assembly are very legitimists and have always followed the choice of the executive board," do we want to believe in the entourage of Geoffroy Roux de Bézieux. The same point the finger of dissension among the first supporters of Pierre Gattaz, because it takes place in the device Denis Kessler, CEO of Scor group, whose personality deeply divided the business world.

Nevertheless, Pierre Gattaz always have the valuable support of the three main federations of MEDEF (metallurgy, insurance, banking …) and many territorial MEDEF (Paca, Rhone-Alpes …) which will be available in hundreds of votes on July 3. Supporters of President of the Group of Industrial Federations also argue that the 45 members of the Executive Board are "very Parisian" and that therefore their vote reflects little one will be the 560 members of the General Assembly. A further argument to be wrong but was not retained when the dam was made in March, Laurence Parisot asking the ability to run for a third term

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Discontent rises for civil servants

Auto Date Monday, May 27th, 2013

 

Advanced does not forget. Although the government has promised to end the day STAFF1 deficiency (non-payment of the first day of sick leave), the reasons for discontent accumulate for unions to the public. Marylise Lebranchu2, the Minister of Public Service, the met Friday to discuss the modernization of publique3 share (MAP), that is to say, the reform of the public sphere. "For us, the MAP is a continuation of the general revision of policies Government4 (RGPP) by Nicolas Sarkozy5. We are particularly worried about the very organization of the state into regions, "alert Christian Grolier of FO6. Fillon7 The team has already restructured state administrations (sport, ecology, social action …) present regional and departmental level by merging several directions. But the government wants to make the system more efficient. Meanwhile, he is considering an overhaul of the map subprefectures threatening those located in urban areas. Finally, a draft law on decentralization provides for the creation of multi-site utilities and companies like The Poste8. In short, reorganizations ahead. Decisions will be made in the summer, once given early July several reports on these topics. "You can imagine building more versatile poles, clusters," says Will in the entourage of Marylise Lebranchu. Where we add: ". But we will not give up the territories"

"For us, the MAP is a continuation of the general revision of public policies Nicolas Sarkozy. We are particularly worried about the very organization of the state into regions "

Christian Grolier, FO Improving public service

Nevertheless, more generally, the MAP worried cash advance to savings account. And, although the Government reiterates that this reform is based on assessments and aimed primarily at improving the functioning of public services. "Officers are struggling to make the connection between speech evaluation and the reality of their daily lives, is to delete numbers," says, with some understatement, Brigitte Jumel, the CFDT9. Christian Grolier, FO, attack him directly to the Government: "The job cuts continue at the same pace as Nicolas Sarkozy in non-priority ministries. Thus, 2060 positions will disappear again in taxes. "In fact, to stabilize the workforce, despite the creation of jobs for Education, justice, the police and the gendarmerie, the government plans to cut 12,000 jobs in other departments there in 2013.

All this is grafted to the number one disappointment: the treatments. The index point, which is the basis for the remuneration of officials, was raised for the last time in July 2010. Returned to power, the left has maintained a freeze. Marylise Lebranchu and announced that the upcoming discussions on the subject will be held mid-2014. "In practice, this means that the point is still frozen in 2014," growls Christian Grolier. The CGT10 is also rising. But for now, the labor front is not united. FO considering actions in September, while the CFDT remnant according Brigitte Jumel, "a dynamic of negotiations."

Emirates wants to open more lines between Dubai and France

Auto Date Tuesday, May 21st, 2013

 

Emirates1 is not satisfied with France. While the Dubai-based company already has two daily flights from Paris, a daily flight from Nice and five weekly flights from Lyon, the giant would best serve the city of Lyon.

"If you asked Lyon if it would be better to have a daily flight to Dubai, they would say yes," exclaimed Thierry Antinori, Emirates' Vice President, in charge of sales. There's a month and a half, the company has asked the French government to get this right. "Why do we have five flights a day from France?, Asks the former Air France, Lufthansa spent in before flying to Dubai leader. We totalisons six in the UK, nine in Germany, seven in Italy, "he lists.

But European companies see a very dim view of this expansion. Thursday at the general meeting of shareholders of Air France-KLM2, Jean-Cyril Spinetta, who was attending his last "AG" said Emirates did not realize that 10% of its turnover in the Gulf and the Arab world, while 30% came from Europe and 30% Asia.

"Air France KLM achieves more than 60% of its sales in Europe"

Jean-Cyril Spinetta

"Air France KLM generates over 60% of its sales in Europe," he said. He also called on the European Commission "audits of competitive conditions" of Emirates operations.

A chorus annoys company Gulf no fax needed payday loans. "Instead of whining, executives of Air France should better target the growth of their company on the major cities in Asia," said Thierry Antinori. Emirati company, which has increased its offer by 20% in 2012, continues to rise. It carried 39 million passengers last year against 34 million the previous year, according to its leaders, the number of aircraft in its fleet will increase from 169 to 200 by 2018.

Its profits have not suffered from rising fuel prices: in 2012, they grew by 52% to $ 622 million, for a turnover of 20 billion dollars. A performance paled leaders of European companies, which have recorded huge operating losses and whose abilities are clamped to prevent further losses. Emirates base its future growth on transport flows Century: "These links between Asia and Europe, Asia and Africa, Asia and South America, says Thierry Antinori. In all cases, passengers will pass through Dubai, an emirate where one does not hesitate to spend billions of dollars to move the international airport, enlarge or dedicate an entire terminal at A 380.

Emirates executives who have already made the full command widebody 2017, should add thirty additional units to the fleet. "The success of the A380 could lead us to buy thirty more, said Thierry Antinori. But we also look at the future and compare Boeing 777. "

TF1 M6 accused of conducting a "price war"

Auto Date Monday, May 13th, 2013

 

First quarter accounts TF11 plunged into the red. The private audiovisual group chaired by Nonce Paolini released an operating loss of € 15.7 million and a net loss after minority interests of 6.3 million. Advertising revenues were down 12%.

LE FIGARO. – You have changed the way to present your accounts. Is it bad to underestimate your results for the quarter?

Nonce Paolini. – This makes no sense! TF1 accounts are public and audited. The truth is that for about three years, given the variety of group activities, financial statement no longer reflects how the group develops. This change in presentation, many major European groups have also adopted, is an effort to further transparency.

The results of the advertising group, down 12%, were punished Exchange last week. What is your analysis?

This is a bad performance we can not be satisfied! But all media now suffering from the economic situation. We face strong pressure from advertisers and their wait. Added to this is a competitive situation without precedent in France: the market for free TV clash sees no fewer than 25 channels owned by nine different operators. Finally, in the context of hyper-fragmentation of supply, we face a fierce price war clearly triggered by one of our competitors. Also, the results can not be good.

You mean your competitor M6 Group

.

While the market continues to be seen for several months. While lowering prices, the M6 ​​Group in step with the decline in hearing both antennas M62 and W93. He practices comparable to Freeview promotions. This is normal because its main chain became the first chain TNT4! But embarking on a wild ride that collapses as the price is destructive of value. And this is in the interest of person or televisions, or the advertisers who need media healthy! It is not the viewers who could face a decline in the supply of programs if reason does not prevail!

Are there not a paradox in your hearings have rebounded over the last nine months and your bottom line?

This does not affect, in any case, the strategy that we have set ourselves: to offer premium advertising space to advertisers. With an average audience of 23.4% during the day, unique in Europe, we offer exceptional opportunities for contacts, no other channel can offer: the TF1's audience is more than twice that of M6! In addition, TMC5 resists and NT16 increased despite the increased fragmentation of the offer. HD17 and is head of six new channels launched last December. Also, the TF1 group, with our success in the digital, has the most advantages to benefit from any economic revival. What we want and what we succeed, is to touch the widest possible and not we focus on one target on which women M6 and most Freeview cannibalize public. Because it is simply forget all the other viewers who are also prescribers and economic actors! In short, it is not only the famous housewife under fifty who decides purchases home. The company has evolved. Also continue to offer programs that bring together the largest number we go. I would add that, unlike our competitors, we are severely handicapped by the obligation to sell the advertising of our four channels via two different boards. It will not be the case in 2015.

Jo was lovely audience scores during the broadcast of the first episode, a little less in the second. Should we rethink your strategy international fiction?

There are hearings France who works and those of France bridges. Also, both Jo hearings are not comparable. And they are above average! Beyond this series, you should know that for several years the French fictions are heavily loss: revenue not balance their cost, which has been growing! They mainly affect older audiences while the American series are full of a younger audience that advertisers consider the most interesting. The stakes are high for our cultural exception! And international co-productions are a very interesting way.

"Koh-Lanta8" was a strong brand TF1. After the tragedy that affected the show, do you replace it?

We were deeply shocked. Today there is a preliminary investigation in progress and it is only in the light of its conclusions TF1 determine. The death of our candidate is a tragedy, and we now know he had a heart defect that was fatal. To me, if there is a "Koh-Lanta" matter is that the suicide of Dr. Costa. He was the victim of a heinous media lynching. Most shocking is that his death has left marble perpetrators of these terrible accusations! You know, our mission and our goal is to inform and entertain. And death should never be at the rendezvous emissions we prepare.

Aurélie Filippetti, Minister of Culture and Communication, plans for its future bill to reform the rules to improve advertising revenue channels. What do you think?

Successive governments have increased the errors favoring oversupply television. We measure the disastrous effects on the health of the audiovisual sector, that is to say, its funding and suddenly its creative dynamism. We have emphasized throughout recent months with government on several changes needed in this area: for example, the terms of sponsorship, advertising and prohibited areas creating a shopping channel. On these three points, it seems that we have been heard.

This bill also provides for dust relations between TV channels and producers. What do you expect?

All stakeholders agree: we need a rebalancing of economic relations between broadcasters and producers. We all have an interest in creating a new heritage of works that can at once to collect the larger public but also to reap the benefits internationally. It should help us build the audiovisual gives future. And my motto is that you have a fiction that is exported. This rebalancing will require a new deal with the recovery of such shares in favor of co-chains, with the opportunity to invest in the creation taking stakes in production companies, which implies a new division between dependent and independent generation . Finally, it is necessary that our obligations in a broader European space co is allowed. Series like Jo or Crossing Lines, which will be broadcast on American network NBC Universal this summer, are successful abroad before France! In short, we must give the means to be conquerors!

The Cran assigns the Deposit for "taking advantage of slavery"

Auto Date Saturday, May 11th, 2013

 

One hundred and sixty-five years after the abolition of eclavage, the Representative Council of Black Associations (Cran1) demand accounts Caisse des Depots (CDC). On the occasion of the Day of Commemoration of the Abolition of Slavery, the Cran announced Monday that it will file a writ of summons to the CDC and two of its subsidiaries. At issue: the sums paid by Haiti in exchange for its independence, the CDC has collected for years. "The CDC is complicit in a crime against humanity," and said Louis-Georges Tin, the president of Cran, accusing the state bank to have played "a significant role in slavery."

Campaign more comprehensive repair

The case dates back to the nineteenth century, when Haïti2 gained its independence against the troops of Napoleon Bonaparte (1804). About fifteen years later, France agreed to recognize the sovereignty of the island by drying a financial toll to compensate its settlers. From 1825 to 1946, Haiti is paying "amounts equivalent to $ 21 billion," according to Louis-Georges Tin, according to which "the ransom in Haiti precipitate a downward spiral of instability and poverty." CDC, public financial institution created under Napoleon, then in charge of collecting these benefits. The director of Cran therefore hope that this money be returned to the Haitian people. Counsel for the Board, Mr. Norbert Tricaud, intends to apply to the CDC "to abound by at least 10 million endowment fund to finance research" on slavery. Friday, it was returned to the Treasury, which collects money paid to the CDC after 30 years. "Legally, the amounts are recorded in the Deposit shall be refunded to the Treasury after 30 years," a spokesman insisted.

The action taken by the Representative Council of Black Associations is part of a more comprehensive approach to reparations, which could then be extended to private banks or sugar groups no faxing 1 hour payday loans. "If we do this assignment is to contribute to the debate," said the lawyer Norbert Tricaud, rejecting any desire for revenge. In January, Cran, created in 2005 to "fight against the discrimination faced by black people in France," had supported a descendant of slaves who wished to assign the state to court to obtain compensation for the damage caused by the control of a grandfather. A first in France. At present, however, the assignment has not been filed.  

An Ifop poll commissioned by the Cran says that 63% of people overseas departments are in favor of repairs, "whether moral or financial." "Without a political solution, we conduct the debate on the legal," said the president of Cran, although its position is not shared by all the descendants of slaves.

The "can not repair" according to Holland

François Hollande3 however implicitly imposed a fine of not receiving requests from Cran. In a commemorative speech on Friday, the president spoke of "the impossible repair." "The only choice, the most worthy, the largest, is the memory, alertness and transmission," he said. Jean-François Copé4, president of the UMP, said on RTL radio that it was "difficult to speak of material compensation" of slavery as "so many centuries have passed," but "in contrast, duty of memory is essential. "

"Any crime called repair, and when the repair is denied is that denies that there was truly crime. We need a comprehensive repair: moral, cultural, financial, symbolic, material, "responded Louis-Georges Tin.

STX plans to sell its French sites

Auto Date Sunday, May 5th, 2013

 

Thunder in Saint-Nazaire! The Korean group STX Offshore and Shipbuilding 1a Friday in Seoul that it plans to sell its shipyards in France, Finland and China in the debt-reduction plan of the parent STX Corp.. "We are currently reviewing the structure of our society to focus on the domestic shipbuilding," said a spokesman for the South Korean group. "In this context, we are considering the sale of foreign assets to raise new cash."

So, these are the former sites of the Atlantic are found in unstable equilibrium. Indeed, STX Offshore controls 66% stake in these projects, with the remainder held by the French State. STX France officials refused to comment Friday evening on a possible sale of these assets. These financial problems are not a surprise to the employees of the Group to the extent that the need to restructure its debt was public knowledge. In fact, STX Corp has been weakened by the slowdown in global shipbuilding market.

The Government assures steps follow the situation of shipyards in Saint-Nazaire "close." This Saturday, the Minister of Economy, Pierre Moscovici, reiterated his "commitment to the Atlantic Yards" and its intention to "keep the job and excellence." "We will always" turn, assured the minister. Then it was Arnaud Montebourg, Minister of Productive Recovery, which states that nationalization without control would be useless. "Nationalization is a pragmatic, not ideological tool," said the World Arnaud Montebourg, recalling that the working tool of these projects is "efficient", but the main problem remains the lack of orders.

Unions expect an increase in the participation of the state in yards beyond the 33% it currently holds. The Socialist Senator de la Loire, Yannick Vaugrenard, had also requested the government side now organize a round table with French manufacturers who might be interested in a possible takeover. According to STX, potential buyers have already come forward to take over a part of its shipyards in Europe. "We will see more in the second half of this year," said a spokesman.  

The staff refused to time to sink into pessimism, since STX France recorded in December a historical control nearly one billion euros for a ship commanded by an American company, Royal Caribbean International. This debt reduction, if it is started, should not deprive the shipyards in Saint-Nazaire fighting regularly to get orders.

The final agreement reached at the end of last year even led to a skirmish between France and Finland2. The Finnish government, the shipyards were in competition with those of Saint-Nazaire for the construction of a giant cruise ship for Royal Caribbean Cruise Line owner, went to ask the European Commission to determine whether the rules competition had been met.

Unemployment frames are better off than others

Auto Date Thursday, March 28th, 2013

 

For several months, the job market also tends frame. The whole of 2013, the services of the Apec predict a market decline of about 5%, with a range of recruitment between 162,000 and 178,000 people. However, the unemployment rate for white collar should remain below 5%.

Behind these figures altogether favorable, there are winners and losers, and markets at different speeds. "Today, all employers dream of having them around frames with three to ten years of experience in the trade," said Fabien Stut flatly, deputy general manager of recruitment firm Hays. For other populations frameworks, however, the situation is much darker. "The most affected will certainly graduates this year, but people still wanted engineers, and still older, but this is not a novelty," says Frédéric Benay, Senior Executive Director at Michael Page. A situation related to driving "short-termist" employers whose business visibility is almost zero now and who do not take risks.

Experts in high demand profiles

Another observation: as the market is primarily supported by the replacement (turnover, retirement …) and not by the creation of jobs, recruitment are almost exclusively on expert profiles, regardless of trades and industries. Result, candidates are missing and it is difficult to convince them to leave their current position.

"The paradox is that in a range of sectors and occupations, employers can not find anyone," says Fabien Stut. Examples in auditing and accounting, the unemployment rate is 2%. In finance, there is a shortage of candidates on the functions of consolidation. Even in construction, on some very specific lines of business, recruitment for engineers are hard work, economists or engineers building structures.

As for the "engines" of executive recruitment, such as computer, the boot does not fall, even if the trend is a little less dynamic. "Everything comes to outsourcing of functions has the wind in its sails," said Frédéric Benay at Michael Page. As proof, Sopra, specializing in technology consulting, announced this year more than 2012 recruitments: 2,500 in total, including 1,600 in France. "Sopra Group recruits both graduates bac + 5 and more experienced profiles without stands a level of experience rather than another," says one.

Director of Human Resources at MAAF Assurances, Véronique Jolly does not fits in this scheme – beginners, advanced, seniors. "We have a recruitment plan that allows us to talk to all areas of the company and all the employee profiles. So we appeal to both young graduates, experienced managers, but also for seniors, because we are part of the technical issues, "she says. The mutual group, which has 7,300 employees in 2013 shows a recruitment plan external CDI 300 people, with hundreds of new posts, plus a level of internal mobility of 700 employees. The insurance specialist deploys a parallel plan hires 350 CSD and sixty contracts.

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A human chain against nuclear

Auto Date Sunday, March 10th, 2013

 

They hoped to collect tens of thousands of people as last year. Activists, supervised by the Nuclear Exit Network, organized a human chain Saturday in 18 different points of Paris. Their goal: to seek the judgment of this energy in France, two years after the Fukushima disaster. According to organizers, there were more than 20,000 participants.  

According to the spokesman for Nuclear Phaseout, Pierric Duflos, protesters surrounded a series of "power centers" that promote nuclear energy, as the National Assembly and the Senate, several ministries, including Defense and Ecology, the Nuclear Safety Authority (ASN), the seats of EDF and Areva in the neighborhood of Defense, as well as several banks, including BNP Paribas and Credit Agricole who finance power projects .

"This chain yellow sun sent a message of solidarity with the Japanese people" and "indignation message to policy makers that we impose a deadly behalf of narrow interests and economic nationalism," according to a statement released by the network.

Not far from the National Assembly, along the Seine. Photo credits:

Jungle market e-cigarette

Auto Date Wednesday, March 6th, 2013

 

Confidential until recently, the market for electronic cigarette is in exponential growth phase. Attracted a much lower price than cigarettes, more smokers turn into "vapoteurs." An e-cigarette is sold between 9 and 11 euros is equivalent to consuming two packs and a half. For comparison, a traditional package of 20 units costing more than 6 euros today.

More than a million French have already tested the electronic cigarette does not contain tobacco. They would even use it daily to 500,000. "We believe it is much more" forward Thierry Morin, in Cigartex. This industry pioneer has sold "more than a million cigarettes" last year in its 6,000 outlets, mostly tobacconists and Relay. Its sales have doubled in 2012, "more than 1.5 million." Edsylver, which sells cigarettes especially on the Internet, posting a turnover of € 4 million in 2011, while the market was in its infancy. Clopinette, another actor who relies heavily on physical shops, was 3 million euros in turnover in 2012.

"The whole cartons imported from China"

With the rise of the market, dozens of companies in recent months looking to take their share. The electronic cigarette market begins to look like a rat race: "I seem to see a new box to create a day and there is little serious," Judge Thierry Morin. "It attracts a lot of opportunists, brokers. Some websites have very professional, but behind it is just one person who brought boxes of China, sometimes very small volumes low fee pay day loans. "

In fact, all the French players in the sector are provided in China. There is no regulation on prices, which can vary from simple to double for an identical product. The possibilities are endless products: cases, USB chargers, packs of refills apple, blueberry or lychee … Cigartex provides even launch a special nightclub cigarette with a blue LED as an end "to it is not confused with a cigarette by the guards. "

The tobacco industry puts

There is no time for high standards of marketing: Each dealer sets its standards, may elect to laboratory tests … Some try for example to distinguish touting flavored liquid made in France.

Actors 'historical' are therefore rather favorably upon an application by the Minister of Health Marisol Touraine. "This should push for normalization requires that since 2007," says Thierry Morin. In Edsylver, Cédric Cukier imagine that the investigation will lead to the sort. Large firms in the tobacco industry could also take care to clean. Many prepare their offensive. Imperial Tobacco, Japan Tobacco or Lorillard Tobacco took stakes in existing companies, while British American Tobacco and Philip Morris are working on their own versions, for 2014 and 2016.

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