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The rate of return of their 10-year bond moving respectively above 6.6% and 6.5%, close to the 7% threshold reached by Italy on November 9 and found unmanageable over time for countries with high indebted. Finally, Germany is in the viewfinder of many observers who believe the country could experience a domino effect on the market.

The market is also hampered by the failure of negotiations in the "super committee" responsible for the debt of the United States payday advance. The twelve members of the joint committee, composed of six Republicans and six Democrats were responsible for the deficit of 1200 billion and had until midnight Wednesday to share their findings.

This will be the event of Dubai Airshow, which opens tomorrow for four days. Quest Helicopter, a subsidiary of Quest émiratien Fund Invest today to unveil a draft civil helicopter. The machine whose code-named "Project Q" will be developed from a Ukrainian technology and also mobilize resources and émiratienne British engineering. It will be assembled in the United Arab Emirates (UAE). And ensure its promoters, it will meet the certification standards European émiratiens and Ukrainian. Quest Helicopter promises commissioning end of 2013.

"Project Q" is the first program launched by the UAE aviation, and more generally by an Arab country. For many exhibitors Western the 2011 Dubai Airshow marks the transition to a "new era" in the region.After the bursting of the housing bubble in Dubai and the flurry of Arab spring, everything changed guaranteed payday loans. "There is a return to a certain wisdom in the investment and the need to prepare the post-oil by industrializing the country," developing a good knowledge of the Middle East. In the region, Abu Dhabi plays a locomotive. The capital of the UAE Goes technologies and among them, aerospace. The plane remains a powerful symbol and a tool for sovereignty.

For now, the country's aviation ambition focuses on helicopters and subcontracting. "Their goal is to become supplier of the forefront of major aircraft manufacturers, not a competitor," says one expert. To this end, Mubadala, the sovereign wealth fund in the UAE, has signed a worldwide partnership agreement with EADS in 2008 in the wake of an order for Etihad Airways, Abu Dhabi Company for 55 Airbus.

Mounting amateur, his almost inaudible and characters presented as employees very unconvincing … The video posted by Cora stores on Youtube and Facebook completely misses its mission was to restore the group's image, tarnished by the affair of the cashier accused of theft for taking a receipt abandoned which included a coupon.

This video was supposed to show the brand in a new light. Many people just like to describe in an exaggerated way their "happiness" to work for the group, some 32 years. "Cora is my life," says one of them. "In a year I would go to retire and I would say thank you Cora," said another. Some speak about the controversy surrounding the case of receipt, "it saddens me a bit because it does not reflect what I saw on a daily basis no faxing 1 hour payday loans."

The implied question by the cashier of the case are also there: "I was very surprised that an employee fired for that is done, because Cora must go there to get fired. After I think we may not be aware of everything, there was a particular version, "said a young man shot in front of a coffee machine.

Perverse

On Youtube, Cora says, "This video was shot by the employees themselves" Saturday, October 29 following the controversy over the store Mondelange. " But users do not. Worse, they are unleashed on the Facebook page of the sign: "How dare you take the Internet for idiots?", "What propaganda two cents!", "Your approach is crude, stupid and really pathetic," " against your attack is an incredible mediocrity.

Concerns about the health of the U.S. economy once again weigh on the markets in Paris. In the wake of Wall Street the day before and Asian stock markets this morning, the CAC 40 lost more than 5%, falling well below the psychological threshold of 2800 points to 2791 points, having already fallen by 1.6% in the previous session. Same trend in other European stock exchanges: the London FTSE-100 lost 4.82% to 5150.06 points, the FTSE Mib in Milan, 3.73% to 13,593 points, the Dax in Frankfurt at 4.39% 5195 points, and the Ibex 35 in Madrid, 4.54% to 7837 points.

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After unveiling a plan for the use of 447 billion dollars, the U.S. president should propose a new tax plan today to 1.5 trillion dollars over the next decade. The plan also intends to cut the deficit in Washington from 3000 billion over the next ten years, said Sunday night a senior administration official. Barack Obama wants to target primarily the rich and businesses, with half of the funds would come from new tax revenues collected on Americans with annual revenues exceeding one million dollars (730,000 dollars) and large enterprises.

The head of the White House should include advocating for the abandonment, when they expire, tax exemptions granted under the presidency of George W. Bush. The cancellation of these tax cuts would recover $ 800 billion over ten years.Barack Obama also plans to provide flat tax code to eliminate some tax loopholes, such as offering tax exemptions to companies acquiring business jets, the total estimated gain of these measures over ten years is 700 billion.

In his new tax plan, U.S. President should also encourage investment in education, new energy and job creation. Barack Obama is also expected to make a point of honor to defend its program of social security, Medicare, and could threaten to veto any cuts in this area if the plan is rejected tax increases.

The U.S. president faces directly the Republican camp, which just last week, made clear he would oppose any new tax increase by the chairman of the House of Representatives John Boehner.

The Head of State has already incurred the wrath of the opposite camp with a proposed new taxes for the wealthy, able to focus on the proposal by billionaire Warren Buffett that promotes the alignment of the taxation of income over one million dollars over that of the middle class. Yesterday, some Republicans suggested that U.S. President revived the specter of "class struggle".

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The rules were amended by the law Borloo 2005 to protect tenants, including termination of the lease. The initial investment is also more important. Choosing to rent furnished, rather than proposing the empty slot, remains interesting in many respects to the owner. Freedom of contract remains high on the lease and the lessor is entitled to require the tenant much more extensive guarantees for the payment of rents, which are also higher than in the case of an unfurnished apartment cash advance loan no fax. Valerie Valin-Stein, journalist for The Monthly Individual realizes this month dedicated to a folder furnished. It provides some things to consider before launching.

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The most obvious common point between 2008 and 2011 is obviously the rout of bank shares. Monday, for example, Crédit Agricole was at a record low.

Other signals, less visible but more alarming, are pressed to bright red in recent weeks. They relate to the refinancing of banks, that is to say their ability to borrow from the market – every day, every week, every semester or ten years – according to their needs and the life of their assets. The price of these loans exploded in Europe, he returned, on average, three months, its levels of spring 2009. Money is also more rare: the U.S. money market funds, major providers of short-term liquidity, have stopped their relationships with banks in Italy and Spain, and very significantly reduced their lending in Germany and France.Finally, deposits with Central Bank (ECB) swell again (more than 150 billion euros on Friday night), indicating that financial institutions prefer to entrust their surplus rather than lend it to others.

The symptoms are largely the same as in 2008. Yet the nature of the crisis is different. Three years ago, she found its roots in the defeat of the U.S. mortgage market, the famous subprime. Today is the public debt which is the mainspring of mistrust.

Doubts about the ability of European states to repay their loans undermine the banks. Because, on the Old Continent, 8% of banking assets – 3,000 billion – are sovereign debt, the banks are in Europe, part of the monetary system.Second, markets are finding that European political institutions are so far failed to implement a concerted and lasting solution. And if the Greek plan is not working, financial institutions should make provisions massive.

In 2008, financial stocks on the stock market knew a massacre led by the bad news from the front and U payday loan lenders.S. real estate mortgage. Today, they live to the rhythm of political Europe. The rout of bank shares yesterday was fueled by the regional election defeat Angela Merkel on Sunday, the delay of Italy on its austerity plan, and tensions emerged between Athens and the IMF.

Controversy with the IMF

Under these conditions, the remedies to the crisis can not be the same as those implemented three years ago.At the time, states had largely replaced the market to provide capital to banks and liquidity on a daily basis that they lacked. Today, Treasuries no longer have necessarily the means. The needs of banks are not necessarily the same. In terms of capital first. The controversy continues to rage on the appeal of Christine Lagarde to recapitalize, if necessary by force and public funds, European banks. These have yet raised $ 414 billion of capital since 2008 (against 314 billion U.S.), recalled Monday the International Institute of Finance. "A forced recapitalization would signal that policy makers do not believe the success of their measures," complained the head of Deutsche Bank, Josef Ackermann.

Regarding liquidity, strong strains may not lead necessarily to a global asphyxia as in 2008.The valves of the central banks are now more wide open than they were at the time. And meanwhile, the banks have loosened their funding constraints in the short term. In Europe, they have raised $ 544 billion of debt this year, for up to 90% of their needs for the entire year. A situation that does not allow to exclude an "accident" in a particular bank. And leaves intact the concerns for 2012.

The era of good times is over. China, which for years received lessons in economic policy by the United States, primarily relating to foreign exchange, takes revenge. While S & P has to sacrifice the triple A of the United States, Beijing, the largest holder of U.S. bonds in the world – by far, with 1,160 billion of U.S. Treasuries in the drawers according to figures from Washington published last May – now estimated to have "every right to require U.S. to address their structural problems of debt."

The Chinese government estimates that S & P has only confirmed a "horrible truth". One that was highlighted by the rating agency Dagong China, which has degraded the U.S. triple-A immediately after the agreement to raise the debt ceiling.She said "the days of Uncle Sam, crippled with debt, could easily squander endless amounts of borrowing from abroad seem numbered. (…) In order to treat his addiction to debt, the U.S. must restore the principle of common sense that we must live within its means. " For Dagong, the note of the United States increased from A + to A with, again, a negative outlook. According to the official Xinhua news agency, the adoption by Congress of a text to avoid a default of the United States failed to defuse "the bomb of debt." This failure to control U.S. borrowing could affect the "well-being of hundreds of millions of families in the United States and abroad," she lamented a few days ago.

In other countries, tempers

In France, Baroin, Minister of Economy, trying to reassure.First European official to respond to the thunder of the deterioration in the sovereign rating of the debt of the United States, he ensured that France "has full confidence in the strength of the U.S. economy and its fundamentals, and in the U.S. government's determination to implement the plan that was approved by Congress this week. "

In the UK, the British Trade Vince Cable held Saturday "completely predictable" degradation of the United States. "This is a completely predictable consequence of the mess created by Congress (…) but they (MPs) have now heard, and the situation of the United States is strong enough," he said.

Japan, the second creditor of the United States, said that its policy of buying U.S. bonds remained unchanged despite lowering their score."Our confidence in U.S. Treasuries and their attractiveness as an investment will not change because of this action," said a Japanese government official told Dow Jones Newswires. Japan, which is trying by all means to curb a flight of its currency against the greenback, has no interest in selling its dollar assets for now since it would only strengthen the yen.

In South Korea, senior officials of the Ministry of Finance held an emergency meeting Saturday to analyze the consequences of the downgrade. But the government has warned against overreaction. "We need not be too worried about our economy and financial markets," said Deputy Finance Minister Yim Jong-yong. An Australian Prime Minister Julia Gillard has also called for calm markets."At the same time, the other two major agencies, Moody's and Fitch continue to note the U.S. economy AAA. So I think people need to consider all the facts, "she said. In the Philippines, a spokesman for the Presidency said that the downgrade by S & P was "to some extent a wakeup call for the U.S. begin to seriously address their economic problems. We have confidence in their ability to do so. "

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"Today I am very happy that the rights of passengers are finally recognized," says Celine Cloquet-Claret. The acupuncturist Lyon, aged 33, welcomed the decision of the District Court of Paris, which proved him right in front of the station in a case of delayed train. And, although it has not affected the Euro 4044 she claimed: 3000 euros for moral damages and 1,044 euros in fees for these professional meetings. "The most important thing is that I have made my day pay off," said Celine Cloquet-Claret in figaro.fr.

The traveler asked for 4000 euros

In addition to the refund of his ticket, the SNCF will pay € 300 in damages for hurt feelings and € 500 in court costs. Is "approximately 900 euros payable immediately," according to his lawyer David Metaxas. This amount does not fully cover the fees it would receive due."This difference is explained by the fact that we could not account for the entire injury," said the lawyer figaro.fr. Five other passengers the route Paris-Lyon filed a writ of summons and also claim the same amount "equivalent to a day's work," according to counsel for the National Federation of Associations of transport users.

Background: Friday, January 8, 2010. As every week, the young woman took the train to Lyon to 8 hours to Paris where she planned 12 treatments of the Beauty of the Hotel Majestic. Fifteen minutes later, the TGV stops. "After two hours, we were told it was a problem on the overhead line, but we say when it would be resolved," she says. After seven hours, the train leaves for finally coming into Gare de Lyon to … 4:32 p.m., when he was supposed to arrive at 10:03.Meanwhile, the acupuncturist has lived a nightmare. "It was getting cold and I could not tell my customers I was late (because of the catenary problem, heat and phones do not work)," said she easy payday loans. Then comes lunch. The station serves meal trays. "But there were only 150 to 300 passengers and I could not eat," she says.

"These assignments will multiply"

Furious, the girl immediately returned to Lyon. "I lost my day, she says." And money: 1044 euro, the amount of his fees for the twelve sessions. The envelopes distributed by the station for a refund the ticket does not cover that amount. On the advice of his lawyer friend, she decides to press charges. His lawyer believes that the station has breached its contractual obligations, "the obligation of punctuality" and "the requirement of safety and information."According to him, a broken overhead on the network, causing disruption of traffic, is not a case of force majeure. "This kind of delay can not be seen as unpredictable, it happens all the time," says the lawyer. He added: "Beyond the delay is the way the station handled the things that is problematic: it does not inform the passengers, they are left without heating or hot drinks, we do not offer evacuate them. "

Anyway, this new case comes a little more tarnish the image of the station, faces many delays in recent months including that of the famous night train from Port Bou-Strasbourg / Nice arrived with more than 24 hours after his departure. For two other stories of late, two lawyers had also won their case against the company several months ago. "These assignments will multiply, says Mr. Metaxas. Users have had enough.Subscriptions are too expensive and their purchasing power decreases. Through these victories, users must realize that they can recover more than just a ticket refund. "

If tourists have their holidays ruined by this July "rotten", the farmers themselves are partly reassured by the rain. The drought, which promised to be catastrophic end of May, appears to be narrowly avoided. For the first time in several months, the rains approached normal in June, easing the dry surface soil. However, only the northern regions have truly benefited. The first half of July and greatly reduces the effects of drought on the eastern countries, such as Rhône-Alpes and Burgundy, where the normal monthly rainfall has been exceeded. The West remains in a difficult situation.

Ranchers are in trouble

These rains helped to clarify some of the grain prospects.The agency has adjusted FranceAgriMer last week its forecast of wheat production, providing 32 million tons instead of 31. What remains below the 2010 harvest, already one of the less good the last two years.

If rain has arranged grains, however, it comes too late for some farmers. Given the difficulties to feed their animals for lack of grass in the meadows, it has been prematurely cut down some of their livestock. For others, it was necessary to buy straw to grain. Contracts were signed with them, which helped to avoid speculation and keep the price around 25 euros per tonne.FNSEA has signed agreements with the SNCF for transporting the straw with the cost and highways to avoid tolls for trucks.

Despite these measures, the additional cost of purchasing straw will reach 10,000 to 50,000 euros per farm, according to the FNSEA. Some farmers will use a short-term loan from the Credit Agricole, at preferential rates (1.5 to 2%). This will allow them to wait until payment of the advance on the compensation of losses due to drought.

This advance, initially planned 100 million euros, has already been revised to 200 million and will be available by the National Fund for risk management in agriculture in mid-September. Nicolas Sarkozy also pledged to offset one year's repayments of loans to farmers in 2009.Christophe Chambon (Young Farmers) estimates that the measure "will give an impetus to helping farmers," but wants more: a deferred annuity of total loans.