Posts Tagged ‘shortly’

French produce, a theme that goes

February 2, 2012 - 9:35 pm Comments Off

Sign that the subject is growing, studying the Assembly on Thursday a resolution to develop the "Made in France". Almost all candidates are trying to ride the wave of re-industrialization and the premium Franco-French. Decryption. The show of the Patrouille de France at the 24 Hours of Le Mans June 11, 2011.

The "Produce French" was on a roll. Not with consumers who are now unable to say whether the product they buy is French. But with the presidential candidates, who feel that the niche is a carrier in France suffering from deindustrialization and offshoring. In April the presidential campaign will be "made in France" or will not … as evidenced by programs across the political spectrum.  

"Label France" to François Bayrou, "social VAT" which does not say his name to Nicolas Sarkozy, or "green tax" European borders for Francis Holland, no shortage of ideas to revive the power of the large French industry. Sign that the subject is back, the National Assembly must still vote on Thursday a resolution of the UMP group to develop the made in France. "We can not accept a plate made in China with a French grip is marked Made in France", said Christian Estrosi, the former minister of industry, which requires that only products with more than 55% French-made can be labeled lights

To observers, the subject is particularly appropriate at this time of crisis. "The produce in France reflects a strong concern in France," said Brice Teinturier including Ipsos. Marine Le Pen has understood, she makes out of Europe and the imposition of border taxes, one of the central axes of the program.

According to the Ipsos polling institute, the thrust of François Bayrou in the polls would also be put on the account of his industrial chauvinism. "In the collective imagination, very hard on this issue, a great nation is a developed country, the rank of France in the world is partly linked to this," said Jerome Fourquet of the FIFG, author of a note on the French and deindustrialization.

The evidence in recent weeks with business Seafrance, Lejaby and Petroplus, who met an important echo in public opinion. And immediately rushed to the bedside of candidates employed in trouble … In late January, during his televised speech, Nicolas Sarkozy assured that it "would not drop the" factory of Lejaby Yssingeaux. Mission accomplished on Wednesday, with the guarantee of a Franco-French buyer, supplier of LVMH. In December Francois Hollande was going to visit the factory Eolane coming to repatriate the production of digital tablets of Taiwan in France. Examples of many that reveal a certain state of mind. When France finally announced this week that it had "almost" sold its Rafale to India is the patriotism of all the French that seemed to vibrate at the same time.

Now the candidates are fighting over who introduced the theme in the campaign. François Bayrou claims to be the first to have spoken, but the UMP to dispute the paternity of the concept in 2009, Yves Jégo was commissioned by Nicolas Sarkozy to write a report on the "Brand France". However all are cautious to ride the wave red white blue. They probably fear of being accused of being anti-European and playing the withdrawal. Recently, Pascal Lamy, the WTO chief warned states against the return of protectionism in times of crisis. And each G20 member states undertake to protect no matter what free trade.

Remains how far will the candidates in their promotion of "industrial patriotism" as described Francois Hollande. "Stay there be in the scoop and the incantatory speech or do we put the hands dirty?", Says Jérôme Fourquet. "The risk is that these ideas are only recovered by the political extremes, and they definitely go out of public debate," laments Stamberger Benjamin Masse, co-author of "Inevitable protectionism," and journalist for L'Express.

Ultimately, everything may depend of the evolution of the candidates in the polls. If Jean-Luc Mélenchon with his "European protectionism" were to make a breakthrough surprise, this could change all that …

November 29, 2011 - 9:35 pm Comments Off

The French Building Federation says the crisis and the austerity measures will be expensive jobs. Last year, the sector had created 9000, after losing 20,000 in 2010. Volume, the activity is expected to fall 1.9% in 2012, after increasing 1.2% in 2011 and fell 3.8% in 2010.

The construction sector is expected to lose 35,000 jobs in 2012 due to financial crisis and austerity, who "broke" the upturn in the sector in 2011, said Tuesday the French Federation of the building FFB. In 2011, the sector had the opposite created 9,000 jobs, after losing 20,000 in 2010, including acting."The crisis of public debt in euro area and fiscal adjustment policies have shattered the movement of bringing economic recovery and still bears a few months, the quantitative improvement of our markets," said the president of the FFB, Didier Ridoret at a press conference.

Volume, the activity is expected to fall 1.9% in 2012, after increasing 1.2% in 2011 and fell 3.8% in 2010, said Didier Ridoret. It is expected to decline in all areas, with a 2.8% decline in new housing, 1% in the nine non-residential housing, and 1.7% improvement in maintenance. While in 2008 and 2009 the use of the building had been "preserved", "dyke will drop" in 2012 with a script "close to that of year 1990, which will permanently affect the production system," warned the FFB.

November 28, 2011 - 9:55 am Comments Off

The European Commission said it wanted to preserve the stability of the euro area as a whole and said to disagree with the rumors point to a stability pact between the States the strongest. The President of the European Commission Jose Manuel Barroso (here at a press conference in Brussels April 13, 2011)

The European Commission on Monday rejected categorically any option that would lead to "break" the euro area into several groups, while news reports indicate possible projects in this direction in Germany and France. "The goal is to preserve the unity of the euro area," said a spokesperson for the Economic and Monetary Affairs, Amadeu Altafaj, during a press conference."If the ultimate goal is to safeguard the stability of the euro area, it is clear that fragmentation does not serve this purpose, any proposal must be based on preserving the unity of the euro area," Has he added.

The German press reported over the weekend of a proposed stability pact reinforced for only a few countries of the monetary union and an option to create Eurobonds limited to only those countries benefiting from the best rating (Triple A). The latter project was denied Monday by the German government. The spokesman also assured the Commission preferred the "Community method", which places the center of decision-making institutions representing the European Union as a whole, as the Commission or Parliament, not a group of States .

November 10, 2011 - 8:55 am Comments Off

The main European stock markets have returned to equilibrium in mid-session, while Milan and Athens rose more sharply and a rally promises to Wall Street, in the hope that Italy and Greece are quickly new governments and implement the necessary reforms.

The CAC 40 index yielded 0.08% at 3072.60 points around 24:15, after having started losing more than 2%, while the Euro Stoxx 50 took 0.19% and Milan fell by 0.48%.

As part of its Treasury bill auction, Italy has sold five billion euros in vouchers to 12 months, with a yield of 6.09%, its highest level since September 1997, against 3.57% in its previous auction which took place October 11.

November 3, 2011 - 9:45 pm Comments Off

Russia is the country whose companies are most likely to pay bribes, followed closely by China, according to the annual ranking of Transparency International. Considered a good student, but the limit of the first third of the most virtuous, France is the 11th of the 28 countries studied. As for the sectors most likely to payments of bribes, kickbacks are building and public works and utilities. To establish his record of corruption exporting countries, the NGO has asked 3,000 business leaders worldwide to note how often the companies with which they do business engaged in corrupt practices, from 0 to 10 always, for ever. In images, the largest outbreaks of corruption.

1 / 10

Previous Previous PauseSuivant Russia: 6.1 / 10 Next

2 / 10

Previous Previous PauseSuivant China: 6.5 / 10 Next

3 / 10

Previous Previous PauseSuivant Mexico: 7 / 10 Next

4 / 10

Previous Previous PauseSuivant Indonesia: 7.

Unemployment in Germany continued to decline

November 2, 2011 - 8:55 am Comments Off

The number of unemployed Germans reached a new record low in October, to 6.5% of the workforce. It increases in numbers against the seasonally adjusted. An employment agency in Berlin

Unemployment has posted a new recession in Germany, in October, on a gross basis, to 6.5% of the workforce. But increased in numbers seasonally adjusted (SA), beating expectations, said Wednesday the Employment Agency. Economists polled by Dow Jones Newswires had forecast a further decline in numbers CVS, the most widely followed by economists as more representative. Overall, however, "the positive developments on the labor market continued," commented the President of the Employment Agency Frank-Juergen Weise.

October 28, 2011 - 7:55 pm Comments Off

European shares opened up, consolidating their gains from yesterday, and moving towards their best monthly performance in 30 months in the hope of resolving the debt crisis.

In Paris the CAC 40 gained 0.34% (11 points) to 3380 points to 9.30. Renault jumped 4.8%, signing the second performance of the index the day after announcing record sales in the third quarter thanks to markets outside Europe and confirmed its objective of free cash flow and sales.

The FTSEurofirst 300 index of blue chips in Europe, which gained 10.6% since the beginning of the month, could register its biggest monthly increase since April 2009, although there is a decrease of 9% over the year.

The Stoxx European banking sector ahead 0.9% after jumping 8.9% the day before.The index remains down 23.5% over the year.

Credit Agricole and BNP Paribas are among the highest increases in the sector, gaining 4.3% and 3.8% on the Paris Bourse.

Exchanges could continue to rise next week in anticipation of the G20 summit on 3 and 4 November, Judge Edmund Shing, strategist at Barclays Capital actions, however, recommends that investors not to run after the market too aggressively.

"The next key event is held in just one week. Meanwhile, the shares can probably gain more ground," he said.

Polemic on the decline in poverty in France

October 19, 2011 - 6:35 am Comments Off

A government report concludes that the proportion of poor in the population fell by two percentage points between 2006 and 2009. Associations contest.

Poverty has declined in France in 2009, according to a government report Wednesday quoted by Liberation, but the calculation is disputed by the associations and does not match that of the INSEE. In this "Report to Parliament" from the Ministry of Solidarity and Social Cohesion that has purchased the newspaper, "the proportion of poor in the population increased from 13.1% in 2006 to 11.8% in 2009" .

This report on "monitoring the goal of reduction of one third of poverty in five years," must be made public every year since 2009. The Ministry was not immediately able to provide this document. According to Liberation, he cites specific figures: there were 7.5 million poor in 2007 and 7.1 million in 2009.

But the report is based primarily on an indicator, "income poverty rooted in time" that keeps the poverty past, simply adjusted for inflation. It is not the same as published annually by INSEE, namely the indicator of "relative poverty", which takes into account the evolution of the median. It is criticized by many associations aid the poor, as ATD Fourth World, which believes that its method of calculation is mechanically lower the poverty rate.

The latest study by the INSEE published in late August, the proportion of people living below the poverty line or less than 954 euros per month, increased in 2009 to 13.5% of the population living in metropolitan France. In 2009, 8.2 million people were considered poor, against 7.84 million in 2008, detailed the Statistical Institute.

In an interview Wednesday Liberation Solidarity Minister, Roselyne Bachelot, said the report was "in some way a reflection" of the financial crisis. "Poverty is a complex phenomenon that can not be measured through a single indicator," she also said.

Spain postponed the privatization of its two major airports

October 13, 2011 - 10:35 pm Comments Off

The Spanish government said Thursday the postponement of the privatization of two major airports of the country, candidates clashing with the acquisition financing difficulties, a decision that deprives the state of several billion euros in revenues in the crisis debt.

The Department of Public Works said that the operation was postponed for three months, after the parliamentary elections of 20 November, which could, according to polls, give power to the Popular Party (PP) today in the opposition.

But the PP is opposed to the sale of the airport and accused the Socialist government of Jose Luis Rodriguez Zapatero to have rushed into a hasty operation by selling the assets of choice at bargain prices in a financial context lackluster.

Last month, the government had already put a stop to the proposed IPO of the National Lottery on the grounds of market conditions.

Banking sources have said that private investors were reluctant to engage in these privatizations few weeks of the election.

Seven groups of investors had expressed interest in the operation, the government hoped to five billion euros.They included, alone or combined funds, the German airport operator Fraport and Spanish groups Ferrovial and Acciona Infrastructure.

TOO EXPENSIVE, THE WRONG TIME

The government demanded too high a price for the Madrid Barajas airport and El Prat in Barcelona, ​​said sources close to the discussions.

"The schedule would not allow privatization to complete just before the elections.But there was also a big difference in price compared to what the government called for the two airports, including Barajas, "said a senior bank in Madrid.

"For example, two funds that had joined the Spanish group Ferrovial Infrastructure sought a return on investment of 12-15%, while Barajas did not offer more than 10%," he added.

An American manager explained his part that "banks may have had the last word on this issue because it is they who will finance the transaction."

Most candidates have financed the operation with 20 to 30% of equity from the balance of the loan, he added.

"Given the pressure on Spanish banks by higher funding costs and rising ratios of their loans / deposits, they increasingly tend to cut back on corporate financing right now," continued the manager .

The effect Greek pushed back significantly the Tokyo Stock Exchange

October 4, 2011 - 1:55 am Comments Off

The Tokyo Stock Exchange closed sharply down Monday, affected again by fears about the debt situation in the euro area and the slowing global economy.

This context prompted investors to shun riskier assets, like stocks, and turned to the bond market as such.

A good Tankan quarterly report of the Bank of Japan, published before the opening and showing a positive turnaround in the business sense, was not a very large effect.

"The October-December quarter begins today and it is hoped, therefore, purchases of domestic funds but for now, the market is primarily concerned with problems of Greece and wondered how the Europeans will face the situation.They also expect U.S. data this week, "said Fujio Ando (Chibagin Asset Management).

Greece missed the deficit targets that were assigned by its international donors for this year and next, according to figures released Sunday by the Greek Ministry of Finance after approval by the Government of the draft budget 2012.

The Nikkei 225 index lost 154.81 points (1.78%) to 8,545.48 while the Topix yielded 14.06 points (1.85%) to 747.11.

Values, Sony has touched its lowest level meeting since June 1987, a victim of clearances by foreign funds, and eventually a loss of 4.51% to 1439 yen.