The French group, co-leader of the global wine and spirits, has lost his latest appeal yesterday in the battle between the past twenty years at rival Bacardi. Pernod Ricard can not use the Havana Club trademark in the United States, world's largest market rum (40% of sales). Held by the Cuban state, the famous rum is sold in 120 countries around the world by Pernod Ricard.

The U.S. Supreme Court refused yesterday to consider the decision to an appeals court in Washington in 2011 that had impeded renew the Havana Club trademark in the United States. And, under a 1998 law, also called "Bacardi Bill". The French had seized earlier this year the U.S. Supreme Court in hopes of finally succeed. "We are victims of something unjust, said yesterday at Figaro Pringuet, CEO of the group. This is equivalent to changing the rules in the middle of the match. "An allusion to the retroactivity of the law, in theory contrary to the U guaranteed pay day loans.S. Constitution.

A bitter defeat for Pernod Ricard. He sees close the doors of the United States while global sales of Havana Club have increased tenfold over the last eighteen years. But the French did not admit defeat. He is preparing for the next battle. Impose the Havana Club trademark in the United States when lifting the embargo will be imposed. Bacardi sells rum discreetly in Florida also called Havana Club, manufactured in Puerto Rico, is in ambush. Pernod Ricard does not intend to let its competitor the right to enjoy the international reputation of the brand, built over several decades. He therefore announced yesterday that he would file the trademark Havanista replica of Havana Club. Insurance for the French to cut the grass under the feet of Bacardi in due course.

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The general meeting of shareholders of Dexia, which takes place Wednesday afternoon, from 14 hours in Brussels looks very heckled. For if the fate of the Franco-Belgian seems to be a non-issue in France, he ignites the political debate on the other side of the border.

Concretely, Belgium seems now to enjoy the transition period at the head of the French state to make its case. In two stages. The Kingdom requires the Management Board of Dexia, now led by the French Pierre Mariani. She then wants to renegotiate the terms of its rescue.

Destabilized by the debt crisis, Dexia survives today only because it can be financed with the State guarantee for the time up to 45 billion euros, up 90 billion soon and if the Commission European accepts. However, Belgium – Dexia is a Belgian group legally – bears the burden of 60% against 37.5% for France. Too much in the eyes of the Belgian political.

During the meeting, the confrontation should focus on the vote of "discharge" to management and the board. A legal act by which the shareholders validate the management of the past year and believe that good leaders have acted in the interest of society. "Dexia has been mismanaged," stated Wednesday morning a Belgian secretary of state, Melchior Wathelet.

The subject is divided into the Belgian camp, from one party to another, from one region to another, knowing that are present in both the capital state, regions and holding companies in liquidation. It is highly likely that Belgium refrain from voting majority in the discharge which could then be voted in favor of the voice of the Deposit French (20% stake in CNP with insurance).

Very precarious balance

After the meeting, the chairman of Dexia, the former prime minister Jean-Luc Dehaene, should resign. And Board should co-opt a new member, Karel de Boeck, that Belgium had already placed at the head of Fortis failed in 2008. The Kingdom has made its candidate now occupied by the French Pierre Mariani, Dexia dispatched late 2008. Ultrapolitique become a subject in Belgium where the government opposes the payment of severance pay of French. He also wants to accelerate the appointment of a Belgian so you can negotiate the best possible overhaul of agreements to dismantle the bank.

And France in all this? At this point, it is the Deposit which is first in line, quietly. The institution headed by Antoine Gosset-Grainville seems to defend the status quo. Or acceleration of change of men at the head of the bank or renegotiation of agreements. A firm attitude that justifies the issue: Dexia is now very precarious balance, as evidenced by the loss of 431 million euros in the first quarter (over 11 billion in 2011 remember), released Wednesday morning.

If the plan is derailed, the bank will be recapitalised. Or, worse, the guarantees provided by the States may need to play, a nightmare scenario for France certainly, but especially for Belgium. Dexia shows still 399 billion in assets, is a time bomb in the heart of the fragile euro zone.

In the coming days, it's the French who will leave the wood. Francois Hollande and his team will then display the color vis-à-vis the government of Elio di Rupo, the Belgian Socialist whose presence at Solferino Street Sunday night was noticed. With two options. Either France is trying to recreate a consensus on the decommissioning plan. Or it enters a power relationship with Belgium.

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Like every Monday evening, the Ministry of Sustainable Development publishes weekly reports fuel prices in France. For the first time since late January, a liter of unleaded 95, unleaded 98 and diesel show a decline. But it is minimal for the SP 95, a liter costs on average in the hexagon 1.6507 euro (against 1.6664 last week, a record) for the SP 98, it is worth 1.7001 euro (or an less than 1.7095 posted last Monday) and a liter of diesel fuel most consumed by the French, amounts to 1.4295 euro, 1.4362 against seven days ago.

This small decline is explained both by a slight decline in oil prices in recent days, combined with a slight rise of the euro against the dollar. Indeed, in one week, a barrel of black gold has risen from 104.77 dollars to 102.86 dollars on Monday (-1.8%) in New York, while the euro / dollar rose to a , 3077 to 1.3220 (1.1%). Besides these two variants, the price of gas depends on the gross refining margins, those of distribution, the rate of VAT (19 payday loans guaranteed no fax.6%) and the TIPP (domestic tax on petroleum products), attached to around 60 euro cents per liter.

According to a recent study by two economists, gas stations reflected both increases than cuts refined oil prices on their price. Supermarkets are the best students.

If Nicolas Sarkozy was elected president on May 6, so that social VAT would take effect in October. That is to say that the VAT rate will go from 19.6% to 21.2%. If, however, Francois Hollande took power, the Socialist said he would be immediately increased by 1.6 point VAT. He also warned that it would impose a freeze on gasoline prices and would set up a floating TIPP.  

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Benetton where history repeated scandals. There are a few more months, in November 2011, the Italian firm made history again by launching it's ad campaign "UnHate", featuring heads of state kissing easy to get unsecured personal loans.

Alessandro Benetton, son and heir to his wife in 2006 in Venice.

Christine Lagarde is more than ever determined to "increase the firepower of the International Monetary Fund", that its financial resources. But if the euro area "is the epicenter of the potential risks" of the global economy, "Europe is not the only one? We are not obsessed with a region "said Thursday in Washington, executive director of the IMF during a press conference that opened two days of spring meetings of IMF and World Bank.

Capacity building support from the Fund will be the highlight of the discussions to be attended especially the G20 finance ministers. Christine Lagarde has renewed its appreciation to Japan, "the first country that has decided to commit themselves" to the tune of 60 billion euros, while acknowledging "the Scandinavian countries who responded to the call and Singapore."

The Japanese contribution is the first quantified commitment to a non-European. This is in addition to those States of the euro area itself, which from the outset, have said they would put 150 billion euros in the pot (just under $ 200 billion). But Christine Lagarde, who had advanced earlier this year the figure of 500 billion, reduced its ambitions "to just over $ 400 billion" figure it has itself argued in an interview Tuesday Italian newspaper Il Sole 24 Ore.

Bilateral borrowing agreements

The negotiations will be very difficult and should not be concluded this week with the aim of reaching agreement at the annual meetings of October 2012 in Tokyo. On behalf of the United States, Tim Geithner, Treasury Secretary, said two days ago that his country "would not put money" but would support those participating in the operation. Recall that this strengthening of resources take the form of bilateral loan agreements with its 188 member countries (including the last admitted this week is Southern Sudan). It is not a capital increase of the IMF, as such. Now this is where the rub the side of the emerging countries, including China and Brazil, who would like to link this extension means the Fund to an expansion of their representation. Now it is even less question that the last reform of 2010 increasing quotas and powers to the board in favor of emerging countries mainly, has still not been ratified by the necessary majority. Within the G20, Argentina, Canada, Germany, Indonesia, Mexico and the United States, have not yet ratified, do we reported to the IMF.

Christine Lagarde must also combat the widely held in international public opinion that the firewall is only designed to help Europe, Spain and Italy, among others. She also found that Spain does not need assistance plan "for now".

Executive Director of the IMF insisted on Thursday the new initiatives launched recently, as "the trust fund for the poorest countries", mentioning also "the five countries of the Arab Spring, for which we need more resources." But the difficulty is to find a common agreement with the governments, especially with Egypt, for which the loan of $ 3.2 billion from the IMF, which should be a catalyst for international aid, is still pending .

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According to information from latribune.fr, Chinese investors close to power would be interested to buy four luxury hotels in Paris, currently on sale, and pass under another brand. Be included among them the Hotel Napoleon, located near the Arc de Triomphe.

Of the three other hotels in sight, one would be part of those whom the investment fund Starwood Capital is selling. He said it would be seller, in Paris, the Concorde Lafayette, the Concorde Saint-Lazare and the Hotel du Louvre. The U.S. group is not confirmed nor denied.

These potential acquisitions by Chinese would be given a new upheaval in the Parisian hotel that lives right now. Starting this summer, the Crillon close to work, closely followed by the Ritz cash advance loan no fax. The Plaza Athénée, he decided to postpone its work. Needed a facelift after arrival on the market of new facilities, new or renovated, the Royal Monceau (Qatar), the Shangri-La and Mandarin Oriental, who aspire to the title of "palace".

Two other luxury hotels are coming on the market and confirm the increased presence of Asians in the small world of luxury hotels in the capital: The Peninsula Paris, the first hotel chain in Europe, Hong Kong MSM and the White Horse, LVMH.

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After winning the Vietnam Gabon, Orangina part in the conquest of his adopted country. The famous drink in the pulp will be launched Tuesday with great fanfare in Japan, Suntory's home country, flying Orangina Schweppes since 2009. His arrival had been delayed because of the tsunami. "It will be the launch of the year for Suntory, who wishes to take a leading portfolio of brands in Japan," says Jean-Jacques Fredj, director general of international brands to Orangina.

The famous bottle had to undergo a facelift. Its silhouette has become more slender. Least to stick to local standards of beauty that to be linear in the size of the 40,000 supermarkets in the country. Dressed in blue and yellow, it will be sold in plastic bottles of 420 ml. We also find in the small can (280 ml) in a vending machine on eight, where the Japanese are buying prepared foods, cigarettes or lattes.

If the recipe has been adapted to industrial requirements (ingredients, temperature …) and Japanese regulatory, his taste remained nearly identical. It should surprise the consumer, more used to citrus drinks without pulp.

"French touch"

As the Japanese tend to be wary of imported products, Orangina Schweppes recall on the packaging that the drink is made and bottled on site, from a concentrate from Europe free 3-in-1 credit report.

In this country Francophile, Suntory bets on the French touch – tricolor on the bottle to support – to attract young adults, fond of novelties. Orangina has emerged including posters from the 1950s Villemot, where we find the famous umbrellas orange zest.

Suntory, who made 17 billion euros in turnover in 2011, has no room for error. On this huge market of 35 billion euros, the group, number 2 local, knows that the first two months are critical. "This is a very demanding market where rotations dictate the future of a product, especially in convenience stores, said Jean-Jacques Fredj. Sold 15% more expensive than other sodas (1.30 euro per bottle), Orangina will make its way alongside the brands Coca-Cola.

With this launch, Suntory would also demonstrate the successful integration of Orangina Schweppes. Luis Bach, his boss, just joined the board of the Japanese group. A first for a non-Japanese. After Orangina in Japan, Suntory could also continue to introduce on the Old Continent other Japanese brands as its V energy drink, already available in Spain.

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Real Madrid exhibition of frustration. Tense, silent Wednesday night after the draw conceded to Villareal (1-1) bringing the FC Barcelona 6 points behind the leader of La Liga, Real Madrid players (Karim Benzema, Iker Casillas, Sergio Ramos, Jose Mourinho and surrounded Zinedine Zidane) had, early Thursday afternoon, smiling again to unveil a draft of magnitude: "Real Madrid Resort Island." A tourist complex and theme park located in the UAE, in Ras al-Khaimah. Game without borders

.

On an artificial island (50 hectares), a marina, hotels and luxury villas, museums, sports facilities including a 10,000-seat stadium will rise up and hope to host in January 2015 from one million visitors a year. A "Real Madridland" (45 minutes from Dubai Airport) estimated at $ 1 billion, which is reminiscent of the Ferrari World theme park located in Abu Dhabi since 2010 letting go of roller coasters, driving simulators

. Between excitement and nervousness

"When Real Madrid Island Resort will open its doors, the visitor will be part of the legend of the best club football history, which seeks to be eternal, universal guaranteed online payday loans. This is a strategic institution in the Middle East and Asia, "summarized Florentino Perez, the president of Spanish club. The Real (480 million budget, 460 for FC Barcelona), sacred richest club in the world for the sixth straight year in 2011 (438.6 million revenue in 2010), club all records on transfers (Cristiano Ronaldo, 94 million euros, Zidane, 77 milllion …), wants to continue to combine with all the time.  

The past is revered through daily visits in the corridors of Santiago Bernabeu, the home club. Besides the exploits of Alfredo Di Stefano, the volley of Zinedine Zidane with the Champions League final in 2002 against the Merengue Leverkusen appears XXL poster. This, to him, found himself between excitement and nervousness (C1 hopes of a tenth and a thirty-second Liga, most recently in 2008), when the future is taking shape. Voted the best club of the twentieth century, Real wants, the year of its centennial, see below, great

.

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1040 new aircraft worth $ 145 billion. This, according to the latest Airbus market research, the need for airlines in India in the next twenty years. Of these, the vast majority of planes (860) will be ordered to meet the growth in air traffic – to + 7.2% per year, it is already growing faster than the average in Asia (5.9%) . In total, the current fleet will more than triple to 1080 devices.

According to Airbus, the airline purchases will be predominantly (646 copies) on medium-haul aircraft type A320 and A320 Neo (version remotorisée). It to meet soaring domestic traffic should move quickly on a rate of 10% per year, which will make India one of the strongest markets in the world. The European manufacturer estimates that the market for 308 long-haul A350-type and 66 copies of the ultra-high capacity aircraft type A380.

Two giant orders

Airbus hopes to win a beautiful place in this promising market. Already, the European manufacturer claims "70% market share of new orders," his "ambition is to retain its leadership in the Indian market." To support its strategy to win business, Airbus has established local partnerships for forty years. It is manufactured locally A320 passenger doors, his best-seller. It is also recruiting Indian engineers in its Engineering Center opened in 2006 in Bangalore. The manufacturer employs 270 in total and has to hire another 180 by 2014.

Airbus' strategy has paid off. In 2011, the manufacturer has scored a major coup by winning two giant commands from Indigo (180 A 320 150 of Neo) and Go Air have ordered that, between them, 252 units.

Two threats

But the clouds on the horizon. On the one hand by the poor health of major customers such as local Kingfisher.Depuis his birth in 2005, the company has never made any money – it lost $ 90 million in the third quarter of fiscal year – and has accumulated a debt of $ 1.3 billion. Kingfisher international flights still canceled Wednesday, postponed delivery in 2014 of A 380 and ordered it does not exclude cancellations. In total, current orders are of 32 A320s, 20 A330 long-haul, long haul lonq five A350s and five A380 super-jumbo. The company promises tonight released a recovery plan within two to three days.  

Moreover, the implementation of the carbon tax by the European Union in January, also poses a threat to aircraft orders. Just as Beijing has frozen the purchase of 45 Airbus A 380, including 10 of its airlines, New Delhi is opposed to this tax. India may decide to retaliate. It threatens to bar its airlines to fly to Europe.

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