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! ".

Draka agrees to discuss with the Chinese Xinmao

Posted by admin on November 25th, 2010

The struggle for redemption Draka intensifies. The merger between Italy's Prysmian Cable Guy and Dutch would give rise to world number one cable to Nexans. But a third robber came to disturb the celebration. After the Dutch Draka refused the offer of 731 million euros of Nexans and accepted that of the Italian Prysmia, the Chinese group was outbid Tianjin Xinmao supply Prysmia. It proposes EUR 20.50 per share against 17.20 for Prysmia, a billion euros against 840 million. In other words, a difference of about 15%. However, if another candidate submits a bid higher than 15% in less than Prysmian, Draka may withdraw its agreement with Prysmian Cable Guy Italian and revise its bid. On Wednesday, both sides confirmed that they were engaged in discussions.

Nexans could withdraw

Until more information, Nexans, whose bid was rejected Monday by Draka, could announce his retirement. Every effort should therefore be played between Prysmian and Tianjin Xinmao. The Italian seems to be favored by Draka, since its offer has received unanimous support from the leadership of the Dutch group, as well as its largest shareholder, Flint Beheer, which owns 48.5% of capital. Before the Chinese do not make the offer though.

The new group that wants to build Draka and combine Prysmian Prysmian's presence in southern Europe and the Draka in the north and would be present in cables for telecommunications and energy. Its combined turnover would be around 5.8 billion euros based on 2009 figures for both groups.Prysmian's offer, to be launched in the first quarter of 2011 and completed in the second quarter, representing slightly more than 9 times the gross operating profit (EBITDA) of EUR 143 million projected in 2010 for Draka.

André Santini: interview with a Libra

Posted by admin on November 4th, 2010

I thought the world specialist in the political formula, the brilliance of truce, the trait of humor municipal, Sacha Guitry of the little phrase I would talk about the job interview as a person. Nope! André Santini may well have accumulated mandates, transformed Issy-les-Moulineaux it administers for 30 years in the nursery start-ups, spent time with all the bosses of Ile-de-France and brag about running a business Hall-Hi Tech. Dede Well, as some call it, Dede is the long digression.

It has so many stories to tell that escapes when you hold it and believe it is quiet, it's the anecdotes that occur in his narratives of interviews throughout the course.After 45 minutes, you end up asking you if your behind that sly, mocking those eyes and the way you walk 60 minutes, do not hide a proven technique commonly called "red herring" cheap pay day loans.

And then comes the miracle. Is it fatigue, exhaustion from the subject, you coward, perhaps reluctantly, a small bomb. Mayor pays particular attention to writing, so believe in graphology and as if that were not enough, he adds mid-mid-fig why the astrological sign is important. So you insist, you try to make him rewrite the thing, you come back, but the animal sensed the danger and closes like an oyster.

It remains a pleasant interview, but you go out with a form of frustration. The man behind this interview, another appointment.We do not teach old dogs new tricks or consult the horoscope. You would have missed the boat? Santini at the turn of a phrase puts me on track. It is Libra. Aquarius is not his favorite sign. And I'm Aquarius. QED?

Work resumed gradually in refineries

Posted by admin on October 30th, 2010

On the eve of All Saints' weekend, with special emphasis on roads, refineries and oil terminals are unlocked one after the other. Like the action on Thursday initiated by the unions, the protest movement against pension reform also running out of steam in the oil sector. This Friday, the employees of an eighth refinery, one of Gonfreville near Le Havre, were cast back to work, followed closely by oil terminals in Le Havre.

An auspicious event for the supply of gas stations with fuel. Because for all the pumps are again supplied, it is not enough that many refineries can resume work.The latter also require that they be sent crude oil for refining from oil terminals in Le Havre, who then resumed work today, and Fos-Lavera in the Bouches-du-Rhone. The terminal in Le Havre in particular, feeds the refineries Gonfreville Little Crown, and Gravenchon Gargenville, who have all returned to work. This Friday, the latest strike sites also will vote on the follow-up to their movement. A union official from that Grandpuits, Seine-et-Marne, has already indicated that employees "are moving towards recovery."

Back to normal early next week

If the Energy Minister Jean-Louis Borloo announced Thursday the opening of 85% of service stations, the situation remained tense in the West, Midwest and the Ile-de-France.Condition of anonymity, a large fuel distributor also said to AFP that the number of service stations in difficulties was more like "a station on three." Thursday night, returning to normal, repeatedly promised, was rather planned for early next week.

»View the map Carbeo service stations out:

Wall Street should take the height

Posted by admin on September 25th, 2010

The U.S. stock market could try to take a step forward Friday. Futures on Standard & Poor's 500 and Nasdaq 100 advancing 0.44% respectively at 1125.30 points from 0.56% to 1992.50 points. On Thursday, the New York Stock Exchange finished the session down after the publication of economic statistics halftone United States. The Dow Jones Industrial Average has surrendered 76.89 points to 10,662.42 points and the Nasdaq, dominated by technology, 7.47 points to 2327.08 points. The broader index Standard & Poor's 500 dropped 0.83% (9.45 points) to 1124.83 points.

On the foreign exchange market, the euro rose in the morning this Friday at 1.3335 dollars against 1.3312 the previous day. The euro, which was still worth $ 1.27 on September 13, this week surpassed $ 1.34 for the first time since late April.Analysts from Exane BNP Paribas have revised their estimate of the euro against the dollar at $ 1.35 over the next 12 months on average.

On the macroeconomic front, investors expect the number of such durable goods orders, a key indicator of consumption across the Atlantic and sales of new homes in the United States.

Nike's net income up

The side of values, the U.S. manufacturer of sporting Nike released Thursday after the close of Wall Street net income up 9% year on year. Net income for the quarter ended Aug. 31 totaled $ 559 million, or $ 1.14 per share, while analysts were only waiting unsecured personal loans $ 1.01. But for specialists Aurel BGC "the most important thing is that Nike ad growth of its global wholesale orders 10% to $ 7.1 billion.Replenishment of stocks and sustained sales will support the growth that is strong in all divisions of Nike. "

For its part Apple has jumped on Thursday a new step on the podium of the largest market capitalizations in the world, the Chinese giant PetroChina lovely place second most expensive company in the world. The action of the U.S. computer group took 0.41% to 299.82 dollars, hitting a new record when an analyst raised its sales forecast for the iPad. It focuses its total weight on the stock market to 266 billion, against 265 billion for PetroChina. The Apple brand was snatched up to number three in May to its arch rival Microsoft. The U.S. oil ExxonMobil with a market capitalization of $ 310 billion, is number one worldwide.

Always on the side of values, EDF and Constellation go to the rescue of their joint venture.The electrician tricolor and Constellation Energy have initiated discussions to save their joint venture in the nuclear agency Bloomberg understands.

The football clubs sell more

Posted by admin on September 1st, 2010

More than a month after the fiasco of the France team in South Africa, the French professional football is definitely getting worse. While professional football league (LFP) expected at worst to a deficit of 150 million euros, the National Monitoring Directorate Management (DNCG) has recently established its report on the finances of French professional clubs. And the finding is instructive: their accumulated loss stood at 180 million euros for the 2009-2010 season, including 140 million for the Ligue 1 clubs. Record. The precedent dating from the 2002-2003 season with a deficit of 167 million.

And yet, the French professional clubs we were accustomed to much better in recent years. "This deficit is due more to a sharp decline in revenue related to shipments by a sharp increase in spending that we had already seen last year," said Vincent warmShe expert sports Ineum Consulting.Today, the situation is simple, both for small than for large clubs: he must sell players first and then build his team. This is far from easy. Why?

Spanish and English clubs are more buyers

Their main "clients", English and Spanish clubs, bear the brunt of the economic crisis and could not like each year to buy the best French players. And unlike like the French clubs do not hesitate to buy great players, the calculation is done quickly. "This deficit is a matter of timing. French football is constantly lagging behind the economic cycle.The French clubs have spent much of last year through the renegotiation of TV contracts in 2006, and the establishment of the right to collective image (which exempts a portion of payroll taxes to pay athletes, can not exceed 30% of the total, Ed), whose clubs n (were really benefit in 2009, "said Vincent warmShe.

Although we are far from 800 million euros of debt the English club Chelsea in January erased by its Russian owner Roman Abramovich. But the fact that this ad is not necessarily good news when we know that UEFA is planning to launch its draft financial fair play in UEFA's two years at the initiative of … France. Thus, from the 2012-2013 season, clubs will no longer spend more than they earn.Again, the French clubs are not the worst placed in terms of expenditure, but in terms of income, they are far from being the first …

If one were to summarize the 2010 summer transfer window, we would call dull. Like any economic activity, football suffers from the crisis. Marseille and Lyon have already purchased a lot last year and Paris and Bordeaux have had a sporting season 2009-2010 more than complicated. Thus, the OM has bought Andre-Pierre Gignac and Loic Remy because they sold Mamadou Niang (at Turkish club Fenerbahce) and lent Hatem Ben Arfa (at English club Newcastle).

Aulas has made "a little fun"

What about Lyon? Until the "little pleasure" that became Jean-Michel Aulas, the Lyon president of purchasing Yoann Gourcuff for $ 22 million last Tuesday, the club Lyon had previously spent only 6 million euros with the former Rennes Jimmy Briand.Far from 82 million spent a year earlier. "Unlike the big Italian clubs, English or Spanish, French clubs can not afford a repeat of" such "transfer window several times. The DNCG requires them to control their spending. And when the crisis gets involved … "Says one expert.

Last year like this year, Lyon as Marseille have sold less and less purchased. But the fact remains the same: they have spent more than sold. The OL has purchased $ 28 million and sold for 3 million in summer 2010 transfer window (82 million against 45.5 million in the transfer window in 2009). For the OM, the losses amount to 13 million euros in the summer 2010 transfer window (about 23 million euros in the transfer window in 2009). For their part, had to sell Gourcuff Bordeaux to balance its accounts and finally Paris Saint Germain all the trouble to sell his "big bucks" to be able to buy a defender. The crisis affects everyone.Relatively speaking …

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