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EDF Energies Nouvelles, a 50% subsidiary of EDF, announced Friday in a statement, the cancellation of a contract to sell electricity to the United States. It Enxco its U.S. subsidiary has received its customer Indiana Power and Light (IPL) the cancellation notification on the proposed wind farm in Lakefield is currently under development in southwestern Minnesota.

EDF Energies Nouvelles, specializing in green energy, said IPL has decided to unilaterally terminate the contract without giving reasons while the latter had received January 27, 2010 the agreement of local authorities for its implementation.

Enxco studying the possible remarketing of the project from other companies and "the best way to assert his rights and prejudice"

The construction of this wind farm had not yet begun.EDF Energies Nouvelles ensures that this announcement will not affect its operational objective in 2012 nor his 2010 target EBITDA.

"EDF EN: annual results still very strong

OL-Real Madrid: the issue was not an athlete – a qualification to the quarterfinals of the Champions League the club Lyon has reached more since the 2005-2006 season – but also economic. According to figures published by Footbiz by winning this meeting, Lyon will garner 5 million euros, plus 27 million euros allocated to clubs qualified to the quarter-finals of the Champions League.

These 5 million represent about 4% of annual sales (-10.3%) of Olympique Lyonnais, which amounts to 139.6 million euros. By comparison, Real Madrid shows a turnover of 401 million euros (+9.7%).The $ 5 million includes 3.3 million premium paid by UEFA for a qualification in the quarterfinals, 1.2 million euros in revenue stages, and between 0.2 and 1 million euro TV rights.

Also according Footbiz, Lyons would have received between 21.9 million euros and 22.3 million euros in case of defeat against Real Madrid, barely 5 million euros less than in case of qualifying cash advance now .

Suffice to say that these 32 million are extremely timely in the coffers of the club chaired by Jean-Michel Aulas. Lyon has seen its half-year loss widened to 8.7 million (against 2.4 million euros over the period 2008-2009).

Conversely, it is for the Real Madrid club the richest in the world, a crushing defeat as sports – the Madrid club has not reached the quarterfinals of the Champions League for 6 years – economically. The club chaired by Florentino P?rez has spent the last year 250 million euros to take a quick one, Brazilian Kaka (65 million euros), the French Karim Benzema (35 million euros) and Portugal's Cristiano Ronaldo (94 million euros). The failure is even more important than the final of the Champions League will be played at … Madrid at the Santiago Bernabeu.

Le Figaro. – Northrop and EADS waive answer the call for bids for the tanker to the U.S. military …

WELSH Louis. – We are not going as this tender is clearly in favor of the Boeing B767. The specifications are intended for a smaller aircraft than the Airbus A 330 without taking into account the superior capabilities of the latter. I regret, because we have the best aircraft, which has won every competition in the world, including Britain and Australia, against Boeing. It was useless to file an appeal. I'm not sure the American taxpayer will be a bargain for the U.S. military, it has a plane less modern, less capable than Great Britain, Australia, Saudi Arabia or United Arab Emirates.

You build a factory in Alabama?

The site of Mobile in Alabama would assemble the tankers.Therefore, this assembly project in the southern United States is no longer valid. This decision does not affect our overall interest to the U.S. market. We have to develop.

In what trades do you develop in the United States?

For now, we look rather acquisitions of medium size, including the United States, but not exclusively. As for trades beyond the defense, we bear a special interest in services and security. But everything is a matter of expediency.

The euro-dollar is she always so critical?

Of course! And the euro at 1.35 dollar remains strong. I remember I started Power 8 in 2007 to address just one dollar to 1.35. This is not because we went from 1.50 to 1.35 as the dollar problem is solved! EADS had 9.8 billion euros at end December 2009.

What will you do with that war chest?

The Net Cash position is considerable, but we will in the next four years, reaching a peak of investment on the A 350. We must maintain a sufficient level. It is essential to maintain the trust of our customers, who pay installments four to five years before delivery of their machines. The cash position is also an important component of our rating. It is therefore a priority for us to protect it. Airbus beats records of shipments, but profitability is average.

The economic crisis is still there.Are you planning to launch a new savings plan?

In 2009, our accounts are strongly marked by the provisions on the A 380 and above on the A 400M (1.8 billion euros) and by currency effects, whose overall impact is negative in 2009 2.5 billion euros compared to 2008! Apart from these "special items" Our operational performance is satisfactory. End of 2009, we completed a year ahead of the expected savings under Power 8, or 2.1 billion euros. Power 8 + begins now and will run until 2012. To date, I have no plans identified new savings plan, but I do not want to tie my hands and we must be able to react to changes in our environment.

How do you see 2010?

I remain cautious, but we now have better visibility and greater confidence in the robustness of our backlog.We send a strong signal by deciding to increase the production rate of A 320. They spend 34 to 36 per month from the end of 2010.

In which areas should Europe launch major projects?

We need a common vision that inspired the creation of Airbus and Ariane. Europe can raise it again this ambition? I am sure nothing better mobilize European public opinion that such programs, which embody the best that Europe all treaties and speeches. The subjects are not lacking. Of course, aerospace, defense and space: EADS was created to be the partner of such programs, but also in major projects in energy and environment. European countries face similar challenges.Why did they not meet together? It would be good for European industry.

How do you plan to revive the industry Nicolas Sarkozy?

I am grateful to the president to deliver the industry on the front of the stage. There is no strong, stable, independent, not industry, and the loss of industrial substance of our country is a major concern. I also agree with the diagnosis of the president on the loss of substance. It reached France more than Germany or Italy, but it actually concerns all of Europe. This calls for a clear industrial policy and European French. It is to reassess all policies: education, taxation and social security, hours of work on life skills, competition, money, support research and innovation, etc.. With the objective of strengthening the competitiveness industry.Such a policy must be based on a social dynamic for everyone to be involved.

Some of the decisions announced by the head of state will they have an impact on EADS and Airbus?

Here are two examples where the impact is direct. The first concerns the priority given to sectors and relations outsourcers / contractors: it is a major issue for us, which we are already working with our supplier. EADS buys each year for more than 10 billion euros in France. We signed a few weeks ago the charter of the subcontract. Second example: the national loan will support the technological developments needed for future generations of aircraft, helicopters or space launch.

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A plan to support French industry

On Tuesday, March 23 will be placed under the sign of the claims to the station, while at least three unions (CGT, UNSA, CFDT) has initiated a notice of strike and trigger a series of social alarms, to ensure "continuity" the strike on February 3, according to Didier Le Reste, the CGT.

On 15 February, five confederations – CGT, CFDT, FSU, Solidaires, Unsa – announced they were organizing a day of strikes and demonstrations inter employment, purchasing power, public services and pensions.

At the strike of February 3, about one-third of the railway had stopped work to support employment.

A report that is poisoning the debate

All unions in the public company denounced the ongoing reorganizations involving reclassifications and job losses (including freight), a deterioration of working conditions and managerial methods based, according to them, solely on financial criteria.

There are about a month, a report of the Court of Auditors noted that for the SNCF, the reform of 35 hours penalized the company public to address the opening of its monopoly to competition and revealed particular gaps productivity with its competitors low fee payday advance .

According to the report published today, law enforcement has led to increased numbers of staff from 7000 to 7500.However, "the additional staff that the reform had resulted represents almost half the number of posts abolished during the seven subsequent years, totaling approximately 15,600 officers between 2002 and 2008.

Southern Rail reserved

Workers Power has decided to turn to hold its own demonstration in Paris, while leaving open its regional organizations to participate in joint rallies in the provinces, while the CFE-CGC was not involved in the day.

Sud-Rail, Third Force Association at the station who is campaigning for a renewable greece, reserved its response but said "part of the inter-day."To delegate Alain Cambi, "after a day of strike action is needed now."

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The U.S. stock markets ended the week on a sharp increase at the end of the session.

Already indices had opened on Friday on the rise, boosted by employment figures less bad than expected. The United States has in fact lost 36,000 jobs in February than in January and the unemployment rate the country has remained stable at 9.7% this month, according to the official report on employment released on Friday, while analysts expected a decline.

Then at 21 pm on consumer credit showed an increase of 4.96 billion dollars in January in the United States, its first increase in a year and the strongest since my mid-2008, the Federal Reserve announced Friday . In December, the credit had decreased by 4.57 billion.

In the end, the Dow Jones advanced 1.17% at 10,566 points, boosted by Alcoa (+3.2%, to 13.86 dollars), Boeing (3.74%, to $ 68) and American Express ( 3.32%, to 40.18 dollars). The Nasdaq rose 1.48% to 2326 points, while Apple announced that the iPad will be available April 3, and the S & P 500 of 1.40% to 1139 points, buoyed by the telecommunications industry.

U.S. investors have also noted the announcement by the Chinese premier who has promised a 8% growth for China this year.Thursday, Wall Street closed higher on a comfortable, supported by bearings recommendations.

On the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for April delivery tE, P4ermin? to 81.50 dollars, up 1.29 dollars compared to the previous day.

As for currencies, the euro fell sharply Friday against a dollar backed by the release of employment figures in the United States, and reassuring the operators on the strength of the recovery of the world's largest economy guaranteed approval cash loans .

General Growth resumed its ancient symbol

Among the increases to retain this Friday, Exxon Mobil (1.67% to 66.49 dolalrs) Chevron (1.74%, to 74.35 dollars) and JP Morgan Chase (2%, to 42.76 dollars).

Remarkable progress, that of InterMune, which soared 59.4% to 23.29 dollars.The regulatory authorities have indicated it will review its drug for pulmonary fibers.

Microsoft (-0.14% to 28.59 euros): the software giant said Friday it would stick to its strategy of developing the market for search engines in China, whatever the outcome of Google dispute between the Chinese government.

Blackstone (+3.77% at 14.86 euros): the investment fund is hoping to complete an initial transaction in Australia this year and also studied business in Japan and South Korea, each operation may be about 100 million dollars, said an official with the group.

Marvell Technology Group (+1.39% at 20.41 euros): the chip maker reported a 64% increase in its turnover, thanks to a recovery of expenditure within the sector, 842 5 million dollars against 842 million expected on average.

In addition, General Growth: The title of the second American owner of shopping malls start to be traded on the New York Stock Exchange under its old symbol GGP3 "while the group is still under bankruptcy.

Do not rely on the largest state of the union (13% of the GDP of the United States) to play the role of locomotive and consolidate U.S. growth. "If it accepts, California follows the U.S. economy with a lag of about six months. If the current trends in the late spring and early summer so we begin to see improvements in the California economy. In contrast, California is a leader in the scenario of a relapse into recession, "explains David Shulman, a leader of the university research center Anderson Forecast at UCLA.

"Great Recession" of 2009, as it is called here, has caused more damage than previous recessions in California.Especially, it has exposed the extent of structural problems that were masked by the Internet bubble, then the housing bubble.

An unemployment rate above 13%

"This recession will probably leave lasting scars in California", says Scott Anderson, senior economist at Wells Fargo, the second largest bank in California. "The state has lost more than one million jobs in this recession so far, representing 14% of job losses in the country. The value of homes plunged an average of 56% from its peak in 2006. The unemployment rate will probably climb to above 13%, which represents nearly 3% higher than the national average unemployment. Today, nearly 700 000 Californians find themselves unemployed for over six months.Rising unemployment aggravates the credit problems of California households and makes it more difficult political choices needed to address fiscal imbalances. None of these cyclical and structural problems are insurmountable, but it will take time to resolve, "says this expert.

At the exit of a cinema last week, the deputy mayor of Stockton and some municipal employees were to sign a list to organize a referendum to block the appropriation by the State of California income tax d 'Ordinary fund city services. Indeed, thanks in part to a forfeiture of $ 2 billion in local revenue that the State of California, managed in the capital of Sacramento, was able last year to plug a hole in its 60 billion budget.This transfer of wealth is now forcing dozens of cities to prepare cuts wages of municipal employees, or even elimination of teaching positions. Already, as an economy measure, since July 2009, employees of the State California, with the exception of emergency personnel are advised to stay home three days a month without pay.

Last summer, California had been, for lack of dollars, pay some of its suppliers with "IOUs." "It is quite possible that the same situation occurs in a few months," confesses a blase tone the senior manager of a local bank. This is the third time since the Great Depression of the 1930s as the "Golden State" also falls down.