Development aid: rich countries are almost

Posted by admin on May 27th, 2011

Satisfecit of some and disappointment of others. If the club of wealthy G8 welcomes the progress made in official development assistance (ODA), NGOs denounce a shell game with numbers. Put on the table at the summit in Genoa in 2001, aid to Africa has been quantified in Glenaglee in 2005, which, according to the first report on accountability presented Thursday at Deauville, are almost required. Of the 50 billion promised, it only needs 1.27 billion in current dollars. Note that the G8 contributes 70% this aid, the rest of the Development Assistance Committee of OECD. "This gap represents only 2% of the initial target," the report said.While Oxfam criticizes "a whitewash" which does not account for inflation since constant dollars compared with current dollars.

In fact, according to OECD estimates, the donor has paid only 31 billion dollars, or a lack of $ 19 billion. "The promises are far from being held for Africa," said Maureen Jorand, CCFD Earth solidarity. Of the 25 billion announced, only 11 were paid. The NGOs also criticized the meager results for food security, following the commitments made at the summit of L'Aquila in July 2009 after the riots, to spend 22 billion by 2012. "To date, only 22% was actually disbursed," says Maureen Jorand.

In detail, France is the third largest contributor behind the United States and the United Kingdom.The French Minister of Cooperation, Henry Raincourt, indicated recently that French ODA rose by 52% since 2004 and is concentrated up to 55% on Africa. With 0.50% of GNI to ODA in 2010, Paris was close to the target bit by Brussels to 0.51%. Again, NGOs are challenging the scope of assistance which includes loans and home to foreign students. Knowing also that budget constraint forces, France has announced a freeze over three years. Hence the importance of innovative financing defended by Nicolas Sarkozy.

Two thirds of French people favor of the euro

Posted by admin on May 9th, 2011

The French are less Eurosceptic than the Germans. According to a poll by TNS-Sofres for the political foundation and published on Monday, 67% of respondents wish that France retains the euro, against 30% who would prefer to return to the franc. For comparison, a survey conducted a few months ago in Germany gave half of citizens in Germany favor a return to the Deutsche Mark, the currency dropped during the transition to the euro in 2002. More broadly, the French are rather attached to the European Union (EU). Only 13% of respondents expressed willingness in effect to leave. Results "surprising" to Secretary of State for Europe Laurent Wauquiez: "The French are more pro-European than we think," he responded on France Inter.

The French only lip though not the European Union on all fronts.Their trial against him is even more mixed: 30% of respondents, hope is the first feeling evoked by the EU for them. But for 29%, the disappointment! For some aspects, the EU is their protective: for three quarters of respondents, it ensures peace, and for more than half, it makes France more strong against the U.S. and China. But in parallel, 60% of French believe that the term unemployment "corresponds to the EU, and for more than half, it accentuates the problem of immigration.

While the conditions of the plan of aid to Greece should be discussed again, the French are also mostly favorable for financial support to countries in difficulty, "even if this represents a cost to France." Only 39% believe that France did not pay for others.Overall, respondents call for a Europe of solidarity, more involved in the fight for employment, purchasing power and welfare. "The French are not skeptics, they just want Europe to change," concludes Laurent Wauquiez Monday.

* This survey was conducted for the Foundation for Political Innovation (Fondapol) from April 15 to 21 among a nationally representative sample of 1500 people aged 18 and over (quota method).

Wall Street closed higher by U.S. employment

Posted by admin on May 7th, 2011

In the light of an early meeting smashing, with the Dow Jones up more than 1%, the NYSE closed modestly in the green Friday. The Dow Jone gained 0.43% to 12,638.81 points. The Nasdaq index of technology stocks has taken its share 0.46%, to 2827.56 points.

The mood on Wall Street's opening, driven by the release of employment figures better than expected, has been tarnished by rumors from the euro area. Greece had indeed threatened to leave the eurozone, according to the German magazine Der Spiegel, citing sources close to the German government. A ifnormation quickly rejected by the major European capitals and in Greece itself.

U.S. stocks have opened sharply into the green on Friday, strongly supported by the publication at 14.30 good employment figures for the month of April.The Dow Jones advanced 1.10%, to 12,723.12 points and the Nasdaq by 1.09% to 2845.48 points.

Thursday for the third straight session, Wall Street had ended in retreat, investors are unpleasantly surprised by the rise in weekly jobless claims. The fall in commodity prices had also weighed on Wall Street and on most stock exchanges. Asian markets were down this morning.

Oil, for his part ended in the red, a barrel of light sweet crude for June delivery touching down to 97.18 dollars. In one week, falling 15%. This is the largest decline in weekly percentage terms since the week 19 December 2008 when prices fell by 26.8%.

The commodity index had plunged by 5% Friday, its heaviest correction since the 2008 financial crisis and one of the largest in its history.This violent decline in oil and metals weighs heavily on many sectors like oil and steel or producers.

On the foreign exchange market, the acceleration surprise hiring in the U.S. and the turmoil associated mainly in the euro zone have precipitated the rise of the dollar. After passing during the session under $ 1.45, a first for 10 days, the euro traded at 1.4341 shortly before 22.30, down 1.37%.

Kraft Foods profit down

Values ​​to follow

Kraft Foods 2.91% to 34.36 dollars

No. 2 worldwide agribusiness has announced a profit of 799 million dollars in the first quarter, down from $ 1.8 billion last year. The benefit was then boosted by asset sales. Turnover was up 11% to $ 12.6 billion. Organic growth was 4.5%.For 2011, the Group expects organic growth of 4%, against 5% previously announced, and a total growth between 11 and 13%.

Sara Lee: +0.99% to 19.47 dollars

In the same sector, Sara Lee announced a quarterly profit of $ 153 million, against a loss of 336 million last year due to exceptional items. Turnover was up 6.8% to $ 2.22 billion below the $ 2.23 billion expected. Gross margin was down to 33.2% against 37.6%. The group has raised its selling price by 3% on average and anticipates further increases over the next 6 months.

Visa: 0.58%, to 79.16 dollars

Visa has announced his side a 23% increase in profits in the first quarter to 881 million.Net banking income of 2.2 billion, up 15%, driven by higher payments to international and a positive currency effect of 2%. The main uncertainty for the group focuses on the reform sought by the Fed on the fees charged on payments. The new law could reduce the turnover of the group between 11% and 15% and earnings per share of 20%. In addition, the group announced a new share repurchase program of $ 1 billion.

AIG: 1.36%, to 31.21 dollars

The insurance group has achieved for its first quarter 2011 net income of 269 million dollars against 1.8 billion a year earlier.However, the insurer posted a loss of $ 0.35 per share against earnings per share of $ 2.66 last year following the redemption of shares held by the U.S. Treasury for $ 385 million and the additional cost of 427 million related to the redemption of preference shares.

CF Industries: 5.28% to 136.07 dollars

CF Industries announced for first quarter 2011 net income of $ 282 million after a deficit of 4.4 million last year.

Fluor Corporation: 7.27%, to 70.49 dollars

Fluor Corporation completed the first quarter 2011 net income of $ 140 million against 137 million last year.

Microchip Technology: 1.04%, to 40.96 dollars

Microchip Technology has reported for the fourth quarter of 2010/2011 with a consolidated turnover of 380 million up 37% year on year and net income from continuing operations of $ 131 million, up 72% over the year.

Priceline.com: -1.02% to 528.59 dollars

Priceline.com posted a net profit in the first quarter of $ 137 million, up 57% over one year, earnings per share $ 2.66 $ 2.44 against the dollar and 1.7 expected last year .The turnover amounted to 809 million, an increase of 38.5% over one year.

Public Storage: 0.61%, to 24.80 dollars

Public Storage has announced a net profit in the first quarter of $ 148 million against $ 35 million a year earlier.

Sunoco: 3.44%, to 41.44 dollars

Sunoco recorded a deficit of 101 million dollars in the first quarter against a deficit of 63 million last year. The board of directors also declared a quarterly dividend of $ 0.15 per share.

Lagarde gives details of the premium for employees

Posted by admin on April 22nd, 2011

The terms of the premium paid to employees of companies that make profits are becoming clearer. While Nicolas Sarkozy has decided yesterday to make the payment of the premium required for companies with over 50 employees who show up dividends, Christine Lagarde said this morning on RTL microphone that "the law must be passed before the end of the year. " The economy minister, who had initially declared against a premium binding, when this measure was only in draft form carried by Baroin, then again seized of the matter, for details of the operation.

The tenant Bercy first recall that the payment of this bonus is only mandatory for companies with over 50 employees who "pay dividends above the previous year. And Minister of Economy emphasizes that "the regime of the premium will be the same as participation."There will be exempt from social security within a ceiling to define, but subject to the CSG and the CRDS and the social package. 8% of payroll taxes.

Negotiations between employees and employer

The Minister also pointed out that if "the opening of negotiations is required, the amount, timing and mode of payment of the premium" to be determined between the employer and employees. " The minister added that she knows that this year, implementation of the measure involves "the reopening of negotiations" as most companies have already completed their mandatory annual negotiations. And in the absence of negotiations, the entrepreneur must decide. "It takes two to tango," quips Christine Lagarde.

There remains the issue of businesses with fewer than 50 employees "who represent the vast majority of French companies," said the minister.Christine Lagarde said that "the system will be identical except that it will be optional. And the minister is confident about the fact that entrepreneurs play the game, despite the voluntary nature of the measure. The Minister considers that the exemption of charges is "a measure to the incentive for businesses." Minister defends finally create a new tax shelter, saying that "it is a social niche, not a tax shelter."

Baroin want the device to be operational this year

For its part, the French Budget Minister and government spokesman Baroin said the decrees implementing the law on bonuses to employees would be published in July so that the device is "operational" this year.

Shortly after this announcement, Francois Chereque expressed his hostility.The secretary general of the CFDT called today "error" the principle of a mandatory premium in large firms, saying it would "divide the employees, limiting wage increases, while a" gift "to employers.

ALSO READ:

"Sarkozy has decided for a mandatory premium for employees

SERVICE:

»See all jobs

The Cac 40 finally returns above 4000 points

Posted by admin on March 30th, 2011

The CAC 40 breaks finally the figure of 4,000 points on Wednesday. In the wake of Wall Street – the Dow Jones gained 0.66% at 12,278 points – and Asian stock markets – the Nikkei climbed 1.92% to 9640.31 points, the Paris index opens up 0.91 % to 4024.02 points. And this after having stumbled twice on the psychological threshold. On Tuesday, the Cac 40 ended up 0.27% to 3987.80 points.

On the macroeconomic front, the INSEE published 12 hours the number of business failures for the month of October. For the euro zone economic confidence in March is expected at 11:00. Overseas, the program is the employment figures in the private sector for the month of March (14h15) and the weekly inventory of crude oil to the United States.

Oil is down slightly in early morning, below $ 105 for U.S. crude and 115 dollars for Brent.

Euro loses ground versus the U.S. dollar under $ 1.41. The greenback rose in turn against the Japanese currency, to nearly 83 yen to the dollar.

The Cac 40 all green

As for values, no title to remain constant at about 9:15 down. Since the beginning of the week, the auto industry is still at the party: Renault has the highest increase (2.23% to 39.25 euros) and Peugeot climbed 1.75% to 28.25 euros.Vallourec falls between the two manufacturers with an increase of 2.02% to 79.87 euros.

GDF Suez: 1.23% to 28.43 euros

GDF Suez has signed with 24 banks with a credit line multi-currency $ 4.5 billion for a period of five years to refinance in anticipation of undrawn credit lines maturing in 2012.

Total: 0.80% to 43.09 euros

Total share with the British and the Chinese CNOOC Tullow into three equal parts assets held by Tullow in exploration areas in Uganda, according to CNOOC.The group will pay 1.47 billion euros.

Pernod Ricard: 1.15% to 66.21 euros

Pernod Ricard has failed in an appeal of his request to have the right to use the USA brand of Cuban rum, Havana Club, according to a decision of the Court of Appeals in Washington.

Neopost: -1.03% to 63.20 dollars

Neopost Tuesday reaffirmed this year aiming for a rise of 2 to 4% of its turnover in constant exchange rates, after last year's growth of 2% excluding currency effects as a result of an acceleration its growth in the fourth quarter of 2010.

Sanofi-Aventis: 1.01% to 49.55 euros

Sanofi-Aventis announced that certificates of conditional value (CCV) attributed to shareholders as part of Genzyme's redemption of the U.S. laboratory by the French group will be traded on the Nasdaq after the close of the offer, which expires in 2359 New York City time, on 1 April 2011.

Metropole TV (M6): 0.38% to 18.52 euros

Metropole TV M6 title, said he was ready to launch two TV channels free on Freeview. In an interview with Les Echos, its president, Nicolas de Tavernost said, however, remain in favor of a moratorium on launching new free channels, following the announcement of a proposed general entertainment channel on Freeview by Canal +.

Medica: -3.51% to 13.90 euros

The fund BC Partners said considering a sale of approximately 14.6% stake in specialist care dependency.Following this transaction, BC Partners will own approximately 30.5% of Medica.

EuroDisney: 1.56% to 7.83 euros

The Financial Services Authority which is investigating the operations which the title was EuroDisney in February would be on the trail of an algorithmic trading company, according to Le Figaro.

Orpea: -0.70% to 35.35 euros

The private nursing homes and clinics Orpea conducted in 2010 earnings up 8.5% to 66.4 million euros, after a year marked by the acquisition of 5,000 beds that allows the group consider a 25% growth for 2011, according to a statement Wednesday.

After the stock market, and Trigano Bricorama publish their respective annual and quarterly results.

The employees are unhappy, but loyal to their employer

Posted by admin on March 14th, 2011

The relationship between employees and their business is a little "I love you I do not either." According to a survey released this morning by the firm Accenture, "more than half of employees worldwide are not satisfied with their current work situation, but they still expect to remain loyal to their employers." We do love each other anymore, but we stay together despite any lack of anything better!

"Even if they are dissatisfied, today's employees are not willing to change employers.They prefer to build their skills based on training, resources and people that can help them, "said Armelle Carminati-Rabasse, CEO Human Capital and Diversity at Accenture.

Conducted in 29 countries with 3400 employees, the study lists the main sources of job dissatisfaction: inadequate pay arrives logically at the head, after three lean years, for 47% of women surveyed and 44% of men. The lack of prospects for career development is another strong point for 33% of women and 34% of men. In France, 50% of respondents highlight "the feeling of being trapped."

Involving more staff

Men and women are they the same analysis on the reasons for job dissatisfaction? Not totally.Women are thus more likely than their male colleagues to believe that "their career is not progressing fast enough" (63% against 55%). They agree, however, the identification of barriers to career progression this is the lack of support from management tops (33% response) and the career fuzzy and poorly defined (24%).

They do not adopt either the same steps to improve their situation. "Women are less likely than men to seek wage increases (44% against 48% of women) or promotions (28% against 39%)," said Armelle Carminati-Rabasse. They are also much more reluctant than their counterparts to target a senior officer or equivalent (14% against 22% globally).

"The leaders should use the results of this study to involve more of their employees and support them in their careers.They are now pursuing new opportunities to create in-house, and companies can help, "says the investigator.

ALSO READ:

Four in ten employees are soon unemployed

"The compensation is a priority for executives in 2011

SNCF incident: a priori, the tickets will not be refunded

Posted by admin on February 27th, 2011

After a Saturday apocalyptic traffic is completely restored Sunday on the network Rhone-Alpes. The railway line of the Alps in Bourg-Saint-Maurice Chambery, strategic routing of vacationers to the resorts, ski runs normally again after being blocked for several hours Saturday by an act of vandalism. Cable cut with a saw have in fact caused delays of up to four hours to about 30,000 travelers low interest personal loan.

Many holidaymakers are arriving and Gare de Lyon in Paris on the night of Saturday to Sunday in a mixture of calm and fatigue. At the end of the wharf, cafes and snacks were distributed to some of them. But no compensation is provided.

The player has to use default in the articles of figaro.fr. Update2

Gbagbo commandeers subsidiaries of French banks

Posted by admin on February 20th, 2011

French banks bear the brunt of the deepening of the crisis in Côte d'Ivoire. Ivorian President Laurent Gbagbo out, trying to stay ahead of the state and against the last presidential election, has announced last night on public television RTI "on decrees that the State of Côte Ivory took control by taking a full and complete participation in the capital of some banks. These include the SGBCI and Bicic, which are subsidiaries of Ivorian French banks BNP Paribas and Societe Generale.

His decision is to "preserve jobs and ensure the access of Ivorians and traders to their assets" in "as soon as possible."

Asphixia financial

Following the post-election crisis, born of the struggle between Ivorian President Laurent Gbagbo and outgoing Alassane Ouattara, President-elect acknowledged by much of the international community, the Central Bank of African States (BCEAO ) has severed its ties with Abidjan in January to try to suffocate the Gbagbo regime. This isolation has closed the financial tap francs CFA president.Far from giving up, Laurent Gbagbo attempted to mount a viable banking system across Ivory Coast, the price of a "huge pressure" on the subsidiaries of large foreign banks to remain in business.

But with the lack of liquidity, technical difficulties and legal risks, and the threat of sanctions wielded by the BCEAO against banks working with the Gbagbo government, especially when faced with violence that threaten the safety of their employees, BNP Paribas and Societe Generale first, yesterday, gave the signal for withdrawal. "Other banks will close," predicted one senior industry.

Effect "cataclysmic" freezing the financial system

Already five major foreign banks have decided to suspend their activities. The interruption of their business is blocking the Ivorian banking system, plunging the country a little more into chaos.The economy had indeed already been drastically slowed by the sanctions of the EU imposing such a ban on the two ports, the country's lung. The effect of blocking bank could be "cataclysmic," according to some.

Already, Abidjan went to stop their banks to withdraw their money. "It is feared the contagion effect, so we just remove a little about our savings," says one entrepreneur. "I'd rather have my money on me, it is unclear what will happen," shouts one soldier. The political crisis appears to have already led to a banking crisis that goes straight to an economic crisis.

ALSO READ:

"Laurent Gbagbo is the BNP and Societe Generale

"Côte d'Ivoire: the specter of a bankruptcy haunts the region

Ericsson provides $ 5 billion customers mobile Internet

Posted by admin on February 14th, 2011

"We will spend this year the billion customers in the mobile Internet. In 2016, the number of subscribers will be 5 billion, "said Barcelona, Hans Vestberg, CEO of Ericsson, the global leader infrastructure for mobile devices. These two figures explain why the battle that is currently tied in Smartphones and Internet Tablets is fundamental. Those who missed the start of the mobile Internet, such as Nokia and Microsoft, have to find solutions quickly to raise. In the future, it is not certain that the first way to connect to the Internet will be from a PC at home or at work, connected to a fixed line telecoms operator.

"In the next ten to twenty years, we believe in the idea of a limited réseau.Tout which can be connected will be," said Hans Vestberg. The situation is accelerating.While it took a hundred years for the first billion fixed telephone lines in twenty years, the telecom players have captured 5 billion adherents to the mobile phone. In a handful of years, "in 2015, there will be between 7 and 8 billion. This is higher than the population of the earth. Because a person has multiple subscriptions, "added the CEO of the Swedish group.

With the development of mobile uses, the Swedish group has announced in Barcelona, an exclusive agreement with Akamai, a U.S. company specializing in the provision of content and applications online. The two allies want to deliver their solutions in the mobile world. David Kenny, number two at Akamai, said that his firm has been retained by "are the top 30 media companies in the world to deliver their content via the Internet.

ALSO READ

"SPECIAL – A Worl k'actu the Mobile Congress 2011

Google's new offensive in the tablets

Posted by admin on February 3rd, 2011

After doubling with Apple in the smartphone operating system Android, Google Will it all in the tablets? This seems to be the unstated objective of the leader in Internet search. His version of Android 3.0, Honeycomb her first name, bills itself as "the first operating system designed for touch pads". Unlike competing systems that were designed for smartphones and declined for the tablets.

Among the strengths highlighted by the Google executives, on Wednesday, is the storage of personal data on the cloud, the cloud computing. If the user loses his phone, he will find his tablet … despite all his personal data. An argument that reminds one of the strengths of the BlackBerry, which also enters the segment from the shelves. And like its Canadian competitor, Android lets you open several applications at once.Plus a button that makes the trips.

Google also takes on video conferencing. His shelves are equipped with front and rear cameras. But moving objects par excellence, they also have a stabilizer, which avoids having an effect of camera shake during a conversation.

Create an ecosystem

Google is also focusing on the convergence of smart phones, tablets and also Google TV, Android, to facilitate the adaptation of existing applications from one environment to another. This represents a potential saving and financial gain for developers totally free credit score. User side, it allows access from any device on an Android downloaded application on Android Market and receive an indexing system very intuitive.Honeycomb may also be used as an eBook, to "turn the pages so sweet and nice," according to Google, but with a screen rendering that is not unlike that seen on iPad.

Google is also focusing on the accessibility-on-3 for Android attract content providers and application developers. No question for the search engine to keep pace with Apple in the field of available applications. However, Disney announced Wednesday the arrival of four applications on Android.

As in telephony, Google will leverage the power of manufacturers. Motorola was the first to unveil Xoom, its shelf under Honeycomb, creating the event at CES, the electronics show in Las Vegas in early January. LG followed with his G-Slate to be launched in the U.S. in the spring. And in France in late March, early April.Small feature of the G-Slate: it can take 3D images. It is also one of the key creeds of manufacturers chose Honeycomb: enabling the user to view content, but also to conceive.

ALSO READ:

"Google is preparing an offensive in mobile applications

"Android is now number one in smartphones

"Shelves: Who will win?


Copyright ©