Asian markets in a good mood

Posted by admin on July 1st, 2011

The Tokyo Stock Exchange shows the green on Friday morning the Nikkei advance of 0.61% to 9876.10 points to 7 hours while the broader Topix rises at the same rate, at 854.39 points. A good mood, which contrasts with a local situation still fragile confidence of major Japanese companies fell because of difficulties due to the tsunami of March 11, and the extent of recovery is rendered uncertain by the lack of electricity under this was, according to the results of the Tankan index. According to the quarterly survey conducted by the Bank of Japan (BoJ) in June, the moral of the major manufacturing firms plunged by 15 percentage points in March to -9 points.

But the unemployment rate in Japan fell 4.5% in May against 4.7% in April, said Friday the Ministry of Internal Affairs.In May, there were 2.93 million unemployed in the rest of Japan, 11.5% from a year earlier (area basis) for a working population increased slightly from 0.1% to 60.19 million people.

In addition, new vehicle sales in Japan, excluding mini-models, dropped 23.3% in June compared to the same month last year, to 225,024 copies, the consequences of the tsunami of March 11 continued to weigh on the activities of automotive industry. The decline is however much less pronounced than the dives 50% and 38% respectively recorded in April and May, in the aftermath of natural disasters absolutely free credit score.

Greece supports the markets

But it is mainly Greek considerations that bear the financial markets yesterday.Like the European and American stock exchanges, the main financial markets in the Asia-Pacific moving sharply higher, while the Greek Parliament finally adopted the unpopular austerity plan, paving the way for the release of next installment Assistance from the European Union and the International Monetary Fund.

In China, the Shanghai CSI does it take 0.60% to 3062.44 points while the Hang Seng in Hong Kong is 1.53% to 22,398.10 points. Manufacturing activity in China continued to grow in June, but at a much slower rate, according to an index released Friday by an organization close to the government, indicating that the measures taken by Beijing to control inflation bear fruit.PMI purchasing managers of the China Federation of Logistics and Purchasing (CFLP) fell last month to 50.9, against 52.0 in May.

In South Korea, the KRX advance of 1.18% to 4512.99 points. In India, the BSE allows itself to 0.42% 18,924.60 points and Singapore's Straits Times gained 0.55% to 3137.70 points.

A report gives the key to competitiveness

Posted by admin on June 25th, 2011

How to raise potential growth of France? The question for the Centre for Economic Analysis (CAE) – which depends on Matignon – trying once again to respond, this time taking a new dimension: the answer must now take account of financial and economic crisis that has struck down most of the world and considerably tightened budget constraints.

For France to regain competitiveness, the report – Philippe Aghion, Gilbert Cette, Élie Cohen and Mathilde Lemoine – start with going against the fashion of the moment: German copy. "The surplus comes from a German foreign competitiveness gained at the cost of wage restraint imposed over the past fifteen years.This experience is difficult to generalize to all European countries, "they wrote in the document presented yesterday to Secretary of State for Foreign Trade, Pierre Lellouche.

Spend wisely

The report calls for "focus on policies that have a strong effect on medium and long term." And it puts the focus once again on the traditional weaknesses of France: it must develop "a policy of investment in higher education and R & D", more flexible markets for goods and labor, secure career paths, and support the development of dynamic sectors, "such as healthcare, cleantech instant payday loan."

But the authors do not simply advocate new policies. They also raise the funding.Due to budget constraints, they provide should proceed "not a net increase in spending, but a shift of the latter." That's why they point the savings could be achieved by reducing or eliminating certain tax loopholes – the most expensive – and this "despite the inevitable discontent that such measures would generate." And include the reduction in VAT on the restoration and construction, as well as the tax exemption of overtime, which has "not had the desired effect in terms of job creation."

Spend yes, but smart. Intervene "targeted". It's "third way" – between austerity and high expenditure – proposed by the authors. A path that could, in their opinion, report three fourths of GDP per year in potential growth.

Air France: the safety of the Airbus A380 in question

Posted by admin on March 16th, 2011

The case cringe to the intervention group of the Gendarmerie Nationale (GIGN). Reportedly, Air France, which has three models of new Airbus A380s and nine on order, has not equipped its aircraft of an option may favor intervention gendarmerie forces in the event of a terrorist attack and intervention on the tarmac of the airport.

This system, called "Cabin Video Monitoring System (MSVC), appears in the catalog of options from Airbus. It is a network of fifteen cameras placed in the cabin and cockpit. The images are not accessible to ground when the aircraft is in flight. However, in case of hostage taking and intervention GIGN, the troops can connect external cameras on the camera, see inside the cab and estimate the forces involved and their location on board.The new tool facilitates the preparation of the attack. "We developed this option at the request of the GIGN which sought information on what happens on board," said an executive of Airbus interviewed by Le Figaro. Some discretion is in order from the manufacturer about customers who bought this security system. Four more airlines operate the A380 in the world: Singapore Airlines, Emirates, Qantas and Lufthansa. Several of them would have to equip their aircraft system MSVC.

"Respect for private life"

GIGN at home to Airbus, it is indicated that the national carrier could not purchase the option with respect to an outcry from trade unions to aircrews. They did not want staff to be filmed without his knowledge. This information is not confirmed by Air France or by its unions."This safety feature is linked to an option of personnel management in the cab of the vast apparatus, said one part of Airbus. With these cameras, it is possible to know where staff on the plane. The security system is a derivative of the first option cheapest personal loan rates. "So it is impossible for the manufacturer to install the cameras if the client has not previously ordered the option of Personnel Management.

The Civil Aviation Organization (ICAO) has mandated a system called "CDSS" (Cockpit Door Surveillance System) team today Air France aircraft and those of its competitors. It consists of a video surveillance system for access to the cockpit. But the authority has not made mandatory the MSVC.A member of GIGN noted that "this option facilitates a transaction and it is ironic that foreign companies that buy MSVC developed through cooperation Airbus GIGN. Asked by Le Figaro, Air France said it did not adopt this system "out of respect for privacy and confidentiality of passengers, as well as respect for the work crews." The company also recalls that she "has other means to ensure its passengers and its crew the highest flight safety." "Air France did not buy the material but does not present a deficit of security, confirmed a spokesman for the GIGN.The company meets all ICAO standards and is well equipped to face the terrorist threat. "

If the debate seems settled for now at Air France about MSVC, the question may nevertheless stand as the equipment will now be offered by Airbus on all new generation aircraft. Boeing did not propose at this day as a safety feature. For drivers, the case is heard. "We do not want these cameras that could give rise to records and be used in case of accident, said a member of the Technical Commission of the National Union of Airline Pilots (SNPL). Justice is often an illegitimate use of the images obtained through the investigation of air safety. "

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Oil groups hijacked by hackers from China

Posted by admin on February 10th, 2011

Suspected cyber focus again on China. At least five multinational sector hydocarbures were victims of assaults coordinated, conducted by hackers from the Chinese cities revealed Thursday the U.S. security specialist McAfee. Several gigabytes of confidential documents on bidding for contracts to drill and industrial equipment were stolen. Alerted, the FBI launched an investigation, says the Financial Times.

According to the work of McAfee, which did not specify the names of companies mentioned, these attacks have been ongoing for at least two years and are still ongoing.By combining several techniques for intrusion, hackers managed to penetrate the computer systems of their targets, then go back to the positions of officers in order to download email archives and other sensitive data.

"Worker bees"

The attackers did not try to delete their tracks, says McAfee. One of them, which provided tools to remotely control the hijacked servers, acted from the city of Heze in Shandong Province, while the data downloads were launched from IP addresses in Beijing at office hours. "These people are more like worker bees that hackers love freedom," said Dmitri Alperovicth, vice president of McAfee responsible for research on cyber threats.

The admission of McAfee, this type of attack is "relatively unsophisticated."It is not at the offensive launched against Google and other American companies in December 2009, when Chinese hackers were already under investigation. He did not have the sophistication of computer virus Stuxnet, which has targeted Iran's nuclear infrastructure. He was spying, rather than sabotage. There is no indication that piracy has been orchestrated by a State.

This new offensive, dubbed "Night Dragon" ("Night Dragon") by McAfee, illustrates the recent evolution of computer hacking. The security experts who are used to warn about the risks of viruses, spam and phishing, is now competing revelations about targeted intrusions and spectacular. These attacks do not directly affect most ordinary users, but governments and companies, which are also their customers.

Consumers do not trust sellers

Posted by admin on February 5th, 2011

In France, household consumption is relatively good. But consumers have changed. The crisis has left its mark and changed behaviors. "They are more suspicious than ever" vis-à-vis prices, brands, advertising and signs, says a study by TNS Sofres for the Internet of 8700 Observatory Cetelem. Now, consumers no longer take for granted what they say sellers. They learn before you buy. Nearly 60% of them say look "very carefully" prices. And half of respondents (49% in France) report systematically seek promotions, are the most scrupulous Portuguese (66%), Slovaks (66%) and Romanians (64%).

Lack of competence

The European online shoppers are becoming more and more time for reflection.Before making a major purchase (over 160 euros), 90% of them "leading the investigation" on the Internet. Upon arrival, French polled almost one in two (48%) said it happens more than a month between when he started to learn and when he decides instant payday loan. For information, younger (61% of those under 30 years, against 40% of those over 50 years), plébiscitent blogs and other social networks (Web 2.0), considered more reliable than the comments left on some commercial sites .

More demanding and very well informed consumers "no longer grant an innocent belief in the marks and arguments vendors," said Flavien Neuvy, head of the Observatory Cetelem. The rise of the Internet has challenged the traditional role of the seller.The latter has lost its "superb" in the eyes of Europeans, who generally find it does not seem "not competent enough, passionate enough and is not considered to be the right person to negotiate the price." Only 38% of those surveyed also believe that the vendor has advised that at their last major purchase was familiar with his field … which is unlikely. Vendors must reinvent itself.

The Asian market started the year well

Posted by admin on January 3rd, 2011

For the first meeting of 2011, Asian stock markets tend to form on Monday. A new year will be placed, among others, under the banner of struggle against inflation in China and against the rising price of yen in Japan. The Nikkei has lost 3% in 2010, Shanghai, over 11%, while Hong Kong rose more than 5%.

On Monday, stock markets in Tokyo and Shanghai were closed. Despite this, Hong Kong climbed 1.38% to 23,354.20 points, Taiwan rose 0.59% to 9025.30 points, the Seoul Stock Exchange gained 0.53% to 4410.21 points, ahead of Mumbai 0 , 44% to 20,599.40 points and Singapore is 1.18% at 3227.80 points.Only the Australian Stock Exchange was down 0 online payday advance.94% at 4745.20 points.

After announcing two weeks ago wanting to buy back debt Portuguese, China said it was ready to help Spain, while Chinese Vice Premier Li Keqiang is visiting Spain until Wednesday.

Oil prices rebounded

Crude prices were up Monday in electronic trading in Asia, supported by the prospect of increasing demand due to improving the U.S. economy, analysts said. In morning trading, a barrel of light sweet crude for February delivery took nine cents to 91.47 dollars. Of Brent North Sea with identical maturity gained 5 cents to 94.80 dollars.

Free package breaks his "triple play" against the VAT hike

Posted by admin on December 29th, 2010

It Free, and he no longer included. On Wednesday, the operator had to start sending a letter to subscribers announcing that the subscription "triple play" to 29.99 euros per month, including Internet, telephone and television, would soon disappear. As of February 1, subscribers who wish to maintain unbundled the same offer today and will have an option to purchase the card and pay at least 31.98 euros per month. The information was recorded Tuesday night by several specialized sites, which have received confirmation from the operator.

This disruption rates Free is a consequence of the increase in VAT on subscriptions "triple play" decided by the government in the fall.Until then, Internet service providers benefited from a reduced VAT rate to 5.5% for half the price paid by subscribers (or 60% in the case of Free), which corresponded to the part of the television in their packages. From 1 January, the full rate of 19.6% must be applied in full. Instead of lowering their tax price to save their clients, most operators have warned that they would increase retail prices mechanically, two or three euros.

TV optional at 1.99 euro

According to information released Tuesday evening, the Free solution is more original. As previously announced, the operator has peeled the legislation and found several flaws. Thus, the Finance Act 2011 stipulates that indeed "unique offerings" sold at a "fixed price", that is to say subscriptions "triple play" can no longer benefit from a reduced VAT rate .But the 5.5% VAT may still apply for subscription television services specifically paid by customers outside of these "unique offerings."

Unlike its competitors, Free Radical therefore decided to break the package "triple play" which is renowned for transforming the TV costs extra and continue to enjoy this part of a reduced VAT rate of 5 , 5%. From 1 February, its subscribers will have to pay an extra 1 payday advance.99 euro to get the 180 supply chains, bringing the total bill to 31.98 euros in unbundled areas (and 35.98 euros in non-unbundled) . They can terminate or renew the option every month and enjoy, whatever their choice of video on demand and subscription to CanalSat.

For these customers, the difference in treatment compared to Orange and SFR may seem marginal.If Free had applied a rate of 19.6% in the block, they should have paid only 25 cents more each month. But the accounting trick the operator is real. With Option "TV" Free pay about thirty cents less VAT per package than what the government could wait without losing money. With over four million subscribers, it can represent at least 1.2 million saved per month.

"Ideas just pests"

The other trick, more importantly, the payment of the tax Cosip. Telecom operators contribute to this account to support the audiovisual industry in exchange for the reduced rate of VAT on television services. Last year they spent about 100 million euros to this fund.

Free, who had protested against this "tax the Internet" in 2007, has finally found a way to drastically reduce its scope.Instead of applying on 45% revenue packages "triple play" is about 13.5 euros, the tax base will focus solely on the revenues of the separate option, and will be even more paid at all for customers who will not support it. The sampling rate, calculated according to revenues from television operators, will also be lowered.

For the founder of Free, Xavier Niel, these tips are "Smart Ideas, a little pest", but no cases of fraud. A habit for the Internet access provider, which also is trying to escape another tax on its new Freebox. On Monday, the Ministry of Economy had warned that its services will screen the new operator offerings to ensure compliance with new rules related to the VAT hike.

The gift of Internet operators

Posted by admin on December 25th, 2010

Telecom operators have warned. In January, they passed on the VAT increase from 5.5% to 19.6% on their mobile Internet subscriptions or incorporating a television offer. Subscriber billing SFR, Bouygues Telecom Orange or climb thus 1 to 3 euros in the coming months. But Thursday, the eve of Christmas, the operators have decided to release a surprise gift of their hood cheap pay day loans. Customers whose rates will increase due to the increase of VAT may, for four months, terminate their subscription without charge and – better yet – keep their mobile phone, they told AFP. The phones are subsidized by operators who want to recruit clients, like the iPhone with 4 sold 149 euros package when it is over 600 euro nu.

The "birthing" retoquée

Posted by admin on December 17th, 2010

The council has censured Thursday, 19 constitutional articles of the law of social security funding for 2011, whereas they had no place in this text. One of these articles – adopted after considerable hesitation – plans to experiment by a year of "birthing", less than medicalised maternity classic, but nearby hospitals.

The former health minister, Roselyne Bachelot, said she preferred to support this experiment rather than letting young women wishing to give birth "naturally" fall into the hands of cults. Another article stated finally ruled that family allowances would be reduced for parents of children placed in social services.

Massive tax fraud in the pharmacy

Posted by admin on December 10th, 2010

A device for widespread fraud. 4000 French pharmacies are equipped with computer software allowing them to conceal part of their income in taxes. For a shortfall in state coffers estimated by a source quoted by Midi Libre, which broke the story on Friday to 400 million euros. Attorney Nimes, Robert Gelli, confirmed in the day to AFP that an investigation launched in 2008 on the practice of pharmacy in the Gard Rémoulins had found the pot to the roses. "In some pharmacies and also in other activities, using software called" permissive "serve to conceal taxable transactions, and thus evade taxes," said the General Directorate of Public Finance (DGIFP).

Two companies in France, including one based in Niort (Deux-Sevres), make this type of software.To distort an entire accounting, only the use of a computer code would be needed and would hide on average 5000 euros of revenue each month. "The system used Remoulins not limited to the pharmacy. It is something of a national scale. 4000 pharmacies have requested access to that particular computer formula, "said Robert Gelli. France had in 2009, approximately 22,389 pharmacies, so they are nearly 18% of them who are potentially fraudeuses.

Bercy does not disclose the amount of injury

"The tax administration has taken action and determined to fight against these specific practices and this will be all the tax and legal consequences," reported the AFP respective department in the Ministry of Finance.And for good reason: if the latter refused to disclose the amount of damage suffered by the IRS, the 400 million raised by Midi Libre equivalent, for example, the sum expected by the state of its sales in 2011 real estate.

The order of the National Pharmacists for his part shade on Friday the scope of this investigation. "For now, only one case of fraud is proven, and pharamacien in question was heavily condemned in 2009," said Jean-Charles Tellier, president of the section representing the holders of pharmacy at the College of Pharmacists. "We would also have long used accounting software are certified. But even if 4000 pharamacies actually made the request of the computer code, this does not constitute any evidence of fraud. All weapon bearers are not criminals! ".


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