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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 …

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Three parties of the government resigned Slovak and the main opposition party have agreed to support a strengthening of the European Financial Stability Fund (EFSF), TA3 television reported Wednesday.

The leaders of three of the four parties in the coalition government had met earlier with Robert Fico, the opposition party Smer, following the rejection by members of the text EFSF reform and the resignation of the government was liable to the vote.

A new vote in Parliament to be held by no later than Friday, said Robert Fico.

The government accepted the holding of early elections in March 2012 and will remain in the opposition Smer thus far, he added.

Slovakia is the last member state of the euro area has not ratified the plan, which strengthens the powers of the EFSF to fight against the debt crisis. Ratification by each of the 17 member countries is required for its entry into force.

A spokesman of the majority party SDKU had previously indicated that a second vote in Parliament could take place as early as Thursday if an agreement was reached with Smer.

Denmark became the first Saturday in the world to introduce a tax on fat. It is 2.15 euros per kilogram of saturated fats. Denmark became the first Saturday in October the first country to introduce a tax on fat.

Denmark became the first country to introduce a tax on fats, the first Saturday in October, after a week in which to save money consumers have supplies of butter, pizza, meat or milk. The new tax, intended as a measure to fight against the consumption of fat, provides 16 kroner (2.15 euros) per kilogram of saturated fats.It will apply to all products containing saturated fats, including pre-cooked dishes.

"I doubt this will have a positive impact on health, it's just a tax" Extra, told AFP a spokesman for the Confederation of Danish Industries (DI), Gitte Hestehave. "As far as we know, Denmark is the first country to introduce a tax on fat," she said. In the week before the entry into force of this tax, the Danes have robbed the stores.

The Danes were full of fats

"We had to stock tons of butter and margarine to be able to serve our customers," he told AFP an official with the group Arla Dairy Distribution, Soeren Joergensen. "The week was rather chaotic, with lots of empty shelves.People filled their freezers, "confirmed an official of an independent supermarket in Copenhagen, Christian Jensen." Actually, I do not think this will change anything: people who want to buy a cake will buy it. Simply by doing now they are saving, "he added.

For DI, the new tax is an "administrative nightmare". The products are imported or Danish manufacturing, it will ask for statements to producers on the amount of saturated fat in the product but also used in its preparation. Updating of computer systems has also required many hours of overtime for producers and retailers. All this has a cost that will be passed on to consumers, warned Ms. Hestehave.

Moreover, lawyers point out that the tax induces a risk to the competitiveness of Danish products.The imported products subject to tax only the fat they contain are actually cheaper than the Danish products also taxed at the producer level of fat used in making "such as for frying," said the lawyer in Jeppe Rosenmejer Jyllands-Posten.

Wall Street opened sharply higher Tuesday in the wake of European stock exchanges, investors wanting to believe the adoption of new measures to deal with the debt crisis in the eurozone.

In early trade, the Dow Jones advanced 2.08% (225.95 points) to 11,271.48 points. The Standard & Poor's, wider, taking 1.78% (20.71 points) to 1183.33 points while the Nasdaq composite clinching 1.68% (41.34 points) to 2557.74 points.

"The market is starting to finally say that European leaders emerged from their torpor," Judge Peter Cardillo, chief economist at Rockwell Global Capital.

"The values ​​of all commodities are generally on the rise.People hope that a global recession can be avoided. "

Like their European counterparts, U.S. bank stocks are up, the S & P financials up 2.6% and the KBW bank index of 2.71%. JPMorgan, the largest increase Dow gained 3.8%.

The publication of an S & P Case / Shiller house prices unchanged in July has only little impact on index contracts before the opening, and investors are now looking to the index of consumer confidence The Conference Board in September, due at 14:00 GMT.

The current account deficit of France fell in June to 3.4 billion euros from 5.5 billion in May, by improving the balance of trade in goods, the provisional figures published show Wednesday by Banque de France.

The deficit of trade in goods fell to 5.8 billion from 7.5 billion the previous month.

In addition, the surplus in services trade increased to $ 1.5 billion from $ 0.8 billion.

The balance of revenues decreased slightly to 3.1 billion euros from 3.4 billion in May while the deficit on current transfers remained stable at 2.2 billion.

The financial account showed net outflows of direct investment rose to 6.2 billion euros from 2.8 billion in May.

French direct investment abroad stand for the month of June to 7.3 billion and investments of nonresidents in France to 1.1 billion, the Bank of France said in a statement.

Portfolio investment recorded net inflows of 69.8 billion euros residents reduced their holdings of 41.9 billion while non-residents to make purchases of French securities to 27.9 billion.

Other investment posted net outflows of 49.0 billion after net inflows of 24.3 billion in May.

Brussels believes that the issue is not relevant. These three countries are under increasing pressure from markets. The logo of the euro to the European Central Bank in Frankfurt.

No rescue plan is "on the table" to help Spain, Italy and Cyprus, three countries in the euro area under increasing pressure from markets and rating agencies, said Tuesday the Commission European. "The question of a rescue is certainly not on the table, it is not an issue that is discussed," stated the spokesman of the Commissioner of Financial Services, Chantal Hughes told a press- . "What is important is that the authorities take the necessary measures for fiscal consolidation. We are confident" on this point, she added, saying the situation has not "changed in the last days" or Madrid, or Rome.

Despite the higher costs of borrowing, Spain and Italy "have agreed to pay the next tranche of aid to Greece," to be paid mid-September, said the spokesman, while rumors circulated recently on the non-participation of some countries. "A mechanism is provided to offset the rising cost of credit" and allow these countries to participate as planned in terms of aid to Greece, she said. "The rumors that some countries will not pay are unfounded," she said.

Bond rates in Spain and Italy have reached 10 years Tuesday morning a new high since the inception of the euro area, investors fear that the debt problem worse in the euro zone because of a slowdown in growth economy.Faced with this situation, the Italian financial stability committee, composed of the highest economic authorities of the country, was to meet Tuesday afternoon. In Spain, Prime Minister José Luis Zapatero said Tuesday that he was delaying his holiday to monitor the economic situation.

"We look at developments in the markets but they have their own opinion," said the spokesman for the European Commission. Asked about the situation in Cyprus, which saw its rating lowered consecutively by Standard & Poor's and Moody's, she said there was "no question of a plan to help" knowing that the country is "determined to arrange for fiscal consolidation. "On Monday, the largest commercial bank in Cyprus, Bank of Cyprus, had called on the government in Nicosia to take prompt action to avoid asking in Brussels a financial rescue plan.

After the European Summit of 21 July, the markets had blown but the lull was short-lived. Countries in the euro area have indeed agreed on a second rescue Greece about $ 160 billion and have established mechanisms to assist countries in difficulty, but many gray areas remain, what worries the markets.

GDP in the UK rose by only 0.2% in deuxuème quarter of 2011. Poor performance due to the marriage of Will and Kate and the earthquake in Japan.

The marriage of Prince William and consequences of the earthquake in Japan the UK economy slowed sharply in the spring, showed official statistics Tuesday, reinforcing calls for a relaxation of drastic austerity plan imposed by the government. Gross domestic product (GDP) grew only 0.2% in the second quarter compared to the previous, and up 0.7% year on year, said the Office for National Statistics (ONS). These figures are consistent with expectations of economists who had forecast overall growth of 0.1% or 0.2% over the quarter.

This poor performance is due to stagnation of the previous two quarters: GDP had fallen by 0.5% in late 2010 and recorded a rebound of similar magnitude in early 2011. The sharp downturn from the beginning of the year, however, due in large part by exceptional factors, which reduced growth by half a point. In other words, it would have been 0.7% without turbulence. The biggest impact came from the marriage of Prince William and Kate Middleton in late April. Despite the joy and fervor popular, tourism benefits and commercial revenues (such as purchases of souvenirs and party favors) did not offset the loss of activity related to the holiday declared for the occasion.

In addition, some sectors, particularly industry, have suffered the impact of the earthquake in Japan, which disrupted supply chains of many companies.Even excluding these factors, and although the economy has escaped the contraction predicted by the most pessimistic experts, some economists have pointed out that the economic outlook remained gloomy, consumption is constrained by high inflation and austerity government.

"Domestic demand is weighed down by budget cuts and declining real wages, that exports and investment are not enough to compensate," said Andrew Smith, chief economist of the audit firm KPMG. "Leading indicators for the third quarter are not very promising, while budget cuts are on the rise," said Vicky Redwood abounded, the firm Capital Economics, who still expects growth of only 1% of all of the year.However, the government categorically rejected the idea of ​​influencing the policy of austerity, it has gradually implemented since last year.

"The good news is that the UK economy continues to grow and create jobs," said the finance minister George Osborne said, adding that the austerity plan protected the country from a crisis like the one that shakes euro area. The austerity plan, the most severe set up in major developed countries since the financial crisis, is to eliminate the deficit by 2015 at a cost of cuts in public spending, combined with tax increases and the removal of more than 300,000 jobs.

These figures have also increased pressure on the Bank of England for her reactive program called "quantitative easing", established in 2009 to support an economy in deep recession then.It is to buy assets to banks, hoping to revive the credit pump. The latest figures "are likely to intensify debate within the Monetary Policy Committee on the need to revive" these supports, said Michael Hewson, an analyst at CMC Markets.

The Central Bank of the United States is prepared to continue easing its monetary policy if economic weakness and lower inflation, said on Wednesday the president of the Federal Reserve Ben Bernanke.

He presented to the Committee on Financial Services House of Representatives his presentation semi-annual state of the economy.

"It is possible that the recent economic weakness is more tenacious than expected and that the deflationary risks resurface, leading to the need for additional monetary support," said Ben Bernanke.

He noted that the forecasts of the Fed in June, already revised down significantly compared to those of April, did not include the latest indicators including disappointing numbers in employment in June

Wall Street surged immediately after the speech, in hopes of further monetary easing.

Around 3:40 p.m. GMT, the Dow Jones gained 1.13% to 12,587.50 points, the S & P 500 took 1.22% to 1,329.73 and the Nasdaq Composite progressed from 1.45% to 2822.21.

But some market participants point out that the chairman of the Fed continues to believe that the current slowdown is largely due to temporary factors such as high cost of energy or the impact on the global Japanese earthquake of March.

"He has to say he will react if needed, but it looks like he said it half-heartedly because deep down, it continues to expect that this slowdown is temporary," says Tom Porcelli chief economist for RBS Capital Markets in New York.

The U.S. gross domestic product grew by 1.9% over the first three months of the year, and the second quarter does not seem to reflect a real improvement.

In his speech, Bernanke said that the second wave of redemptions of U.S. Treasury bonds had lowered the long-term rates of 10 to 30 basis points, which equates to lower about 40 to 120 points Basic Fed funds rate, currently located in a range from 0 to 0.25%.

With 7.4 billion deficit in May, France's foreign trade hit a new record low of one month, after a hole already more than 7 billion in April. Soaring imports and exports are sluggish.

Always lower. The trade deficit widened in May to 7.42 billion euros, beating the record for the third time since the beginning of the year. The previous record was only in April, with a deficit of 7.17 billion (a figure revised down slightly), according to seasonally adjusted data released Thursday by Customs.

Increased imports, especially energy, and a "relative weakness" of exports are the cause of this latest negative performance of French foreign trade. The cumulative deficit reaches 12 months of 63.42 billion euros, against 51.56 billion for all of 2010.In detail, the exports amounted to 34.18 billion euros.

Industrial exports sag again, partly because of "persistent decline" of transport equipment (aircraft in May, car in April), according to Customs. The dynamism of agribusiness products and a rebound in sales in the automotive and steel products, however, mitigate the decline in May.

The sluggishness prevails elsewhere: mechanical equipment, electronics, chemicals and pharmaceuticals remain stable while sales of military equipment contract of nearly 100 million euros and those of energy products confirm their decline. In contrast, shipments of agricultural products raise, after a slight dip in April. Exports, up to the rest of the European Union (EU), reduce to third countries.

In turn, imports rise in May to 41.6 billion euros. Lower than in April, purchases of refined petroleum products, however, remain at a high level, and the energy bill even gets heavier, due to the rebound in imports of natural hydrocarbons.

In contrast, industrial imports are bunched together, including fewer acquisitions and naval aviation. Purchases in the automotive sector is mixed: lower for vehicles up for parts. Resume purchasing from the EU and remained stable among third countries ..

The Norwegian sovereign fund will acquire 702.5 million euros for the Paris office, its first real estate transaction in France, from Axa Real Estate Investment Managers, said Tuesday the two sides.

The Norwegian fund, fed by oil and gas bonanza in the country, will take 50% of a portfolio of seven office buildings in business districts of Paris and the west of Paris, owned by the investment arm and property management of Axa, have they said.

Following this acquisition, Axa Reim and the Norwegian sovereign wealth fund will create a joint investment in the Paris office, managed by Axa Reim.

Last year, the Norwegian Ministry of Finance has authorized the Fund to invest up to 5% of its assets, or $ 29.2 billion (20.2 billion euros) in real estate by reducing its allocation in the bond market.

Last November – the first real estate transaction in history – the pension fund of the Norwegian government had acquired 448 million pounds (498 mln euros) of property assets in Regent Street in London.

Axa, the operation can rebalance its exposure to the office market in Europe, with acquisitions for the UK and Germany, while remaining present in Paris.

"With this transaction, AXA France will be able to reallocate its capital and to diversify into other European markets including the UK and Germany, while maintaining exposure in this market (note – Paris) by unavoidable meaningful participation still being held in the joint venture, "said Pierre Vaquier, managing director of Axa Real Estate.

Axa Reim has a number of fund management and real estate assets in Europe with 39.4 billion euros under management.

The few 584 billion dollars (about 403.5 billion euros) from the Norwegian sovereign wealth fund is managed by Norges Bank Investment Bank (NBIM), asset management subsidiary of the Norwegian central bank.