27th November

After a series of accidents due to a falling elevator, with one death occurred Thursday in Paris, industry professionals warn of the lack of safety devices. "The safety of elevators is not effective," denounces Herve Lasseigne, president of the Federation of Independent Experts and Control Offices lifts (Fiebca).

Voted in 2003, the modernization plan, however, elevator provides that after three deadlines (2010, 2013 and 2018), all units of residential housing and office buildings should be standard.But, faced with the often high cost of work (between 5000 and 10,000 euros per lift for the first phase and up to 30,000 euros on average for work completed before July 2013), some owners are slow to meetings of the vote easy payday loans.

The delays are such that "15% to 20% of lifts (especially condominiums)," which should have been subject to new safety standards by the end of 2010, have not yet been upgraded, according to Fiebca. "The situation is very worrying, warns Herve Lasseigne, accident, this may have consequences in terms of civil liability or criminal, for condominium corporations," he says.

The upgrades are not a guarantee of safety. The many renovated elevators are dangerous because "treatments are often incomplete."

There are several benefits to no teletrack payday loans, which typically have an easy web based application resulting in quick approval times.

21st November

LE FIGARO. – Despite the progress of the Brussels summit in Cannes and G20, the euro area is still in turmoil. What is the right long-term EU strategy to ward off these attacks on the euro?

Edouard Balladur. – Efforts by the Franco-German cooperation is commendable, but it must go further. The Europe of 27 is too broad and diverse, it is little more than a big market for the euro area, it has a single currency, but it is struggling to make quick decisions and does not have a policy exchange decided by a governmental authority. For twenty years, I defend an organization of Europe by combining circles States according to the skills shared. It is urgent to implement and begin to better organize the euro area.If the ECB was implementing this massive deterrence, speculation would fall and we would cease to move from crisis to crisis paydayloan.

The Germans did not they always raised an objection of inadmissibility outright the idea?

Do they have a reasonable expectation of it together without the 2 trillion dollars that would discourage speculation? Why is opposed to the expanded role of the ECB? The fear of inflation? The risk is much less in a world of globalization based on a competition that lowers prices.

Some defend the "other policy" and openly talk about protectionism. This crisis gives them she right?

On the contrary, it gives them wrong. History has decided: to maintain our role in the world, defend the ability of our business, secure our energy, we need to reduce deficits.

13th November

At six months of the presidential election, the site of the EPR at Flamanville (Manche) has become the symbol of the debate on the future of nuclear power in France. The sector lights atomic defends tooth and nail so the continued construction of the first Generation III reactor (with a capacity of 1650 megawatts) on French soil. And she just won a first round: Monday, François Hollande, spoke to the chagrin of his potential allies, the Greens for the continuation of the project.

Stop Flamanville, it would stop dead "every effort of the industrial fabric, with over 170 suppliers in France and around the world work for this project," argued Thursday on site Machenaud Hervé, director of production and engineering of EDF.Its CEO, Henri Proglio, went further Thursday in Le Parisien, amounting to 400,000 direct and indirect jobs, and even 1 million taking into account the energy-intensive industries and promoted by the current low prices in France, the issue of a shutdown of nuclear power in France online cash advance. A "red flag" which has also incurred the wrath of the Greens.

Proudly displayed

For the sector, the challenge is to convince both safety and economic feasibility of the EPR. "We are building a completely safe reactor, which not only incorporates the feedback from the entire fleet (58 to 19 power reactors) but also has the amenities that were lacking in Fukushima," says Hervé Machenaud. It specifically targets the "ashtray"-installation capable of recovering the heart of the fusion reactor in case of puncture of the tank-and four buildings housing the safety relief devices.

Dexia leaders have committed crimes

21st October

The fall was accelerated by Dexia irregularities. A document written by the supervisory authority in 2010 reported several violations of the Franco-Belgian bank, reported Liberation.

The body responsible for regulating the banking sector would have directly challenged the previous management but also the leaders still in office. The report was quoted as saying, "number of findings concerning mechanisms for managing derivative positions are likely to contravene the regulations." Regulators cite "in 2007 and until 2008, the disclosure of Dexia Credit Local has remained evasive about the increasing risks, including the CEO and directors were aware. She ignored the violations of regulations and monitoring liquidity risk. "And the report says "the information to the public was not accurate, precise and sincere."

These omissions or falsehoods for the purchase of a portfolio of bonds and speculative securities amounting to 100 billion euros, an "illogical financing local government, the report quoted by Liberation payday advance lenders. Regulators also suggest a failure on the part of the Dexia value of this portfolio of assets, both at the time of purchase as to resale. Worse, the leadership in place deliberately magnified the value of assets. The "overvaluation is estimated at at least 2 billion euros." Auditors such as Deloitte and Mazars have closed their eyes, the report said.

Loans to shareholders to purchase securities

The management team in place is also not spared.In a letter dated September 4, 2009, the report stresses that "the director of the institution has provided an underestimation of the volume of transactions."

Meanwhile, the Financial Timesaffirme that Dexia has paid 1.5 billion euros in its first two institutional shareholders before 2008 so that they carry out acquisitions of securities of the Franco-Belgian bank. But Dexia would, at the time, not breaking the law then in effect. The question is whether the court will examine the case Dexia.

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The youth market grandparents is to invent

2nd October

"If your forget you Papi, did you not understand!" This is the slogan that the Feast of grandfathers proudly looks for Sunday, October 2. This annual event occurred in 2008 reflects the growing weight What grandparents grandmothers are celebrated in France on the first Sunday in March since 1987 not only in the family hierarchy but also in the population. In fact, 50% of those age 55 have at least one small child personal loans for bad credit. "Women are becoming grandmothers at 54 years on average, while men are becoming grandparents at age 56," says Sophie Schmitt, founder and CEO of Seniosphere, a consulting firm in strategy and marketing on the target of baby Boomers and seniors.

Poster of the 2011 edition of the Festival of grandfathers. DR.

Asian stock markets still in the red

23rd September

Second straight session of significant decline in Asian stock markets. After diving the day before amid concerns about global growth, the main regional indices appear again in sharp decline: the Hang Seng Index of Hong Kong Stock Exchange falling 1.68% to 17,610.70 points, The CSI 300 Index of Shanghai from 1.17% to 2654.35 points, the Kospi index in Seoul 4.04% to 1727.72 points, the S & P / ASX 200 index in Sydney from 0.51% to 3944.50 points, the BSE Sensex 30 Index of Bombay from 0.88% to 16,217.80 points and the FTSE Singapore Straits Times Index 1.27% to 2686.11 points. Only the Nikkei in Tokyo Stock Exchange closed for the holiday, escape the downward spiral.

As in the previous session, and in the wake of Wall Street with the Dow Jones tumbled 3% Tuesday, investors are still concerned about the specter of a global recession.And, after the ads for the less pessimistic the U.S. Federal Reserve (Fed), which held that the U.S. economic recovery was "slow" and threatened by "high risk". She decided to restart the machine, sell by the end of June 2012 for $ 400 billion of treasury bills and to purchase for the same amount with a longer maturity. But the fact that it favors measures to monetary easing, a depressed market, which sees it as a sign of impotence.

The G20 is mobilized

In addition, doubts about the economic situation in China also weigh in the balance. Manufacturing activity in the country has deteriorated in September, reaching its lowest level in two months, according to preliminary PMI bank HSBC said on Thursday.PMI Purchasing Managers calculated by HSBC in September reached 49.4 against 49.9 in August, knowing that a figure below 50 means contraction.

However, in an attempt to break the deadlock, the first twenty economies in the world rally: they have promised to respond "strong and coordinated international" to the crisis. Central banks are particularly committed to providing "the necessary liquidity" to financial institutions.

On the foreign exchange market, the euro appears in small increase compared to the U.S. dollar: it rose on Friday morning from 0.42% to 1.351 dollar. Oil prices also went up in Asia as investors sensing bargains after the significant losses suffered by the crude in recent days.Within the scope of a tumble of more than $ 5 Thursday, a barrel of "light sweet crude" for delivery in November clinching 53 cents in early electronic trading at 81.04 dollars, a barrel of Brent North Sea crude for November delivery gained 71 cents to 106.20 dollars. "Oil rises due to bargain hunting and redemptions of coverage after several sessions of decline," said Ker Chung Yang, analyst at commodity Phillip Futures in Singapore.

"The markets are on the precipice"

11th September

Lefigaro.fr – The CAC 40 has lost nearly a quarter of its value in two months. How far the fall can she lead?

Fabrice Cousté – If one believes technical analysis you can go touch the low of March 2009 or even lower. The crisis we are experiencing is in fact more serious than that of three years ago because this time it is not the bankruptcy of one or more banks, but the bankruptcy of one or more States, so the problems of a different magnitude, in terms of their economic and especially political resolution.

How do you explain this precipitous drop?

As in 2008, financial markets were dislocated during the summer. There is now only a few buyers and many market players are taking advantage of any rebound to settle more positions. Also new microeconomics is no longer supported.Investors are looking more because the health of companies but only macroeconomic statistics or information. Since the summer, the flow of news, always negative, points out that the problems are structural and feeds a climate of anxiety in markets that are on the precipice. Political leaders do not seem to be aware of.

Therefore what strategy should investors adopt by the end of the year?

Some titles "refuge" as Essilor, Sanofi, L'Oreal and Air Liquide are kept in the portfolio. But volatility remains high and the risk of further correction as well.That's why I advise investors to discover the techniques to learn to hedge their portfolios with options or CFD (contract between two investors who agree to exchange the difference between the opening and Closing of support) to cushion the shock if further decline. In the panic, investors often sell too late.

The adoption of the second conditional aid package to Greece by the German Sages is not likely to reassure investors?

It is a relief. Yet it is a "Yes … but." Long as there is a "but" in the ads on the debt crisis, financial markets will continue to brood as these conditions overlap with the responsiveness needed to face an emergency no fax payday advance.They sanction the policy of "baby steps" of states and the total lack of solidarity within the euro area. Financial markets require only the words of intent but long-term certainty. What the politicians are unable to provide them because of their short maturities.

Are you worried about the euro area?

Yes I am. Of course, unlike the Anglo-Saxons, we do not feel in the euro area of ​​hatred against the European currency. Now if political leaders do not take the measure of the crisis in which we find ourselves, an explosion in the euro area is inevitable.Therefore, two scenarios are possible: either an exit of the weakest states in the euro zone as Greece and contagion Portugal, Spain see Italy or output states that do not want to pay for others such as Germany, the Netherlands and Austria.

So with these massive sales of shares, you expect a flight to government bonds when the debt crisis brewing in Europe and the United States?

This seems paradoxical, but yes. Institutional investors always prefer to put their money on assets "refuge" and especially liquids. As proof, the 10-year bonds of the United States have not suffered from the deterioration of "AAA" of the country. The run on U.S. government bonds has even caused a decline in their performance at historic levels.Same point in Germany and France or the bonds have not suffered from the debt crisis. This means that as long as fear prevails, German bonds, French and American continue to be purchased. Instead, the assets considered risky such as stocks are penalized. This situation can be reversed quickly if positive catalyst. Until that clicks, investors should follow the strategy of China continues to diversify its investments between the United States, Europe and Africa.

The trade deficit widens in July

9th September

After a slight improvement in June, the French trade deficit is growing again. In July, he approached his record in May, to 6.46 billion euros related Customs. The cumulative deficit of the past 12 months amounted to 67.2 billion euros, against 51.66 billion in 2010. Imports rebounded after declining in June, while exports, they, are progressing very slowly.

The foreign sales amounted to 34.76 billion euros, up from just 100 million euros a month. "The strong sales of intermediate goods and automotive (…) is in fact largely offset by significant declines in aeronautics (sales and production programs for Airbus)," note Customs. The Airbus sales were $ 1.18 billion in July, after 2 billion in June. These figures are very volatile and depend on the delivery of the industry.In terms of client countries, exports to the EU declined, but remain dynamic to America no teletrek payday advance. They pack down to Asia and the Middle East.

Imports have increased their share of over one billion euros in July, reaching 41.22 billion euros. Much of this figure is driven by purchases of oil and gas products, that is to say the energy bill. But "a return to the trend of supply aircraft (Airbus program)" boosted purchases of transportation equipment, within Customs. A trend that explains the same time heavy imports from Germany, rebound largely due to imports of parts for Airbus. This is accompanied, however, "an increase in purchasing automobiles, chemicals and industrial machinery, 'the Customs.

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The CAC 40 is maintained above 3200 points

31st August

Since the beginning of the week, the Paris Stock Exchange began its session on a positive note from 1.46% to 3205.89 points, having closed at the balance Tuesday night. In mid-session, the CAC40 clinching still 1.46% at 3205.83 points.

Like the Asian markets, the benchmark index of the Paris market is supported by the slight increase in U.S. markets, reassured by the Federal Reserve. Investors are indeed more and more convinced of the will, confirmed last night by the U.S. central bank to act to restore growth.

In addition, the Atlantic, financial markets are close to their level of January 1, which could be an equilibrium point.Also an element of support for the Paris Bourse, even if it is far from that level (3847.63 points Jan. 3, 2011).

Chapter macroeconomic, investors will learn in 12 hours of agricultural price indices in July. United States, the employment figures for August will be published in the early afternoon, followed by the index of industrial activity in the Chicago area and in industrial orders in July and inventories crude oil.

On the currency front, having been an upward trend since the beginning of the week, the euro fell slightly against the dollar on Wednesday after the announcement Tuesday in a poor indicator of the European economy weighed on the currency European.In mid-session in Paris, the European currency was worth 1.4441, up 0.02%.

Values ​​to follow

In a market with relatively low volumes since the beginning of the week is a new salvo of publication of results, broadly in line with expectations, that drives the third weekly session.

Bouygues strongly supports the trend. After being briefly suspended trading at the opening, the title of group jumped 12.54% to 25.98 euros. The conglomerate has finally published its results on Wednesday, not Tuesday reported on the acquisition of 11.7% of its shares for 1.25 billion euros, a 30% premium over the closing price of the security last night.In addition, the group published a half-year net profit down 27% to 391 million euros.

Similarly, Vivendi (3.55% to 16.75 euros) said it had doubled its half-year net profit to 2.5 billion euros, with a net gain of $ 1.2 billion related to the settlement of a dispute over the PTC shares in Poland. Its subsidiary, Canal +, 80% owned by Vivendi, reported first half sales of 2.39 billion euros, up 2.8% year on year, operating profit increasing by 1 , 9% over this period easy payday loans.

In turn, Carrefour is the sentence (-3.19% to 18.05 euros), after the group announced a net loss of 249 million euros in its first half.Above all, the group has revised downwards its forecasts, expects 15% drop in its earnings.

Last night, L'Oreal (-1.70% to 75.70 euros) has reported an increase in operating profit of only 2% to 1.70 billion euros in the first half. Its operating margin for its part fell 50 basis points to 16.8%, while analysts expected an increase, on average expected a figure of 17.5%.

Vinci (1.48% to 36.06 euros) for registration in the first half net profit up 15.7% year on year and raised its annual forecast.

Cac 40 off the healthy group Hermes (-0.75% to 262.95 euros) is confirmed.The specialist luxury published net income up 49.5% to 290.9 million euros.

Bolloré (stable at 158 ​​euros) saw its net profit grow by 29%, boosted by a gain from the sale of shares of the maker of seamless steel tubes Vallourec.

For its part, Havas (1.82% to 2.8 euro) reported net income up 8% in the first half thanks to an improved operating margin.

Aéroports de Paris (0.74% to 57.27 euros) it has slightly lowered its forecast for fiscal 2011.

Hi-media (-5.31 euros, 3.39 euros) back into the green in the first half, revealing a net profit of 5.1 million euros.

For its part, the oil reacts little to the continued rise in oil prices, and the strategic agreement signed between Rosneft and will explore together the Arctic and as such invest $ 3.2 billion.Technip wins 2.28%, to 66.45 euros and a total advance of 31%, to 33.59 euros.

For its part, Bourbon wins 1.62%, to 22.86 euros. The oil services specialist maritime published a group net profit halved in the first half, to 41 million euros, but put on a recovery in the offshore oil and gas. It also confirms the objectives of its 2011-2015 plan.

Note that Ruby, Mersen (ex-Carbone Lorraine), April, Lagardère, Outremer Telecom, Eiffage, Stef-TFE, Fleury Michon, Bongrain, GFI Informatique, Gameloft, Sopra, Virbac, Reculex, Mr. Bricolage and reveal their Guyenne et Gascogne half-year after the stock market.

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Moderate decline on Asian stock markets

12th August

The Asian market does not yield to panic. After closing up slightly Wednesday, several Asian stock markets are divided down Thursday, but less pronounced than Wall Street and in Europe the day before. In Tokyo, the Nikkei ended down 0.63% to 8981.94 points after hitting a low of 8832.42 points.

Of the places in China, Hong Kong the Hang Seng 1.45% yield while the composite index of Shanghai Stock Exchange rose 0.68% to 1134.65 points. In Seoul, the Kospi index is left in the green, up 0.71% to 1819.14 points after plunging by 4% in early trade. The Stock Exchange of Sydney, in turn, close to equilibrium after a session spent in the red.

Investors remain concerned, however, fearing another recession in the United States and a spillover of the crisis of debt in the eurozone one hour payday loan.The gold and reached new records, crossing first the maximum 1800 dollars. It was worth 1814.50 dollars in the morning before going down to 1785 dollars. Another safe haven, the yen appreciates, and is worth 76.63 dollars, against 76.83 the previous day.

Oil also set off again down in Asia. Yet he had resisted the panic the day before with the announcement of a dramatic and unexpected decline in crude inventories in the United States. In morning trading, a barrel of "light sweet crude" lost 79 cents to 82.10 dollars and that of Brent North Sea fell by 1.10 dollars to 105.58 dollars.

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