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The French Union of seed (FSU) also points out that the 16 million paid out last year's wheat, 10 million were paid to farmers, were donated 5 million and $ 1 million to seed a fund of research. The same principle should be applied to this new tax.

Support research in seeds to increase diversity would be the ultimate goal of this law, according to the manufacturers no teletrack payday loan. "We evaluated the research costs of the 71 seed who work on French territory to 200 million euros a year. This is the budget looking for Monsanto alone! We alerted members to the need to collect these funds to continue to have French breeders, not just foreigners in France, "insists Francis Burgaud.

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Michel Madelain, CEO of Moody's Investor Services.

Is this the end of the action? Thus David Shairp, strategist at JP Morgan Asset Management, started his weekly newsletter. An issue that should speak to investors today on the defensive, discouraged by successive storms experienced stock market.

In response, the asset manager first makes common sense. "No asset class is likely to outperform indefinitely, since this would imply a permanent inflow of capital that would eventually not lower the rate of return on investment," notes David Shairp cash advance payday loan. A way of saying that investors will eventually return to the path of the Exchange. The current bad patch will indeed end. But when?

Persistence of large fluctuations in sawtooth

This time, the history market it refers. "The current period is not unprecedented.

Wall Street opened down on Friday. In early trade, the Dow Jones ceded 0.65% to 11,971.90 points and the Nasdaq 0.51% to 2684 points. Job creation has slowed sharply in the United States in October but this has not prevented the unemployment rate to fall slightly, according to official figures published on Friday in Washington. The net hiring amounted to 80,000 jobs, or half that in September, said the monthly report on employment in the department of Travail.Le Ministry also indicates that the unemployment rate fell to 9.0% in October, after spending three months at 9.1%.

Investors remain suspended to changes in the Greek case, the last day of the summit of major developed and emerging G20 Cannes fast cash online. Thursday, the New York Stock Exchange ended the session sharply higher, in the wake of European markets.The markets welcomed the surprise cut rates the European Central Bank and the withdrawal of the proposed referendum Greek Prime Minister Papandreou.

In Europe, this Friday, the Greek government plays its all in a vote of confidence from the parliament in the evening. Meanwhile, the fate of Prime Minister George Papandreou seems already sealed after the failure of the referendum proposal.

Following the European Agreement on the debt crisis and in the wake of Wall Street, the Asian financial centers continue to take the colors on Friday. The benchmark index of the Tokyo Stock Exchange gained 1.08% to 9022.85 points, the Hang Seng Index of Hong Kong 1.89% to 20,061.40 points, the CSI 300 Shanghai 1.44% to 2695.76 points, the Kospi index in Seoul 1.03% to 1941.90 points, the S & P / ASX 200 Index 0.04% 4349.90 Sydney points, the BSE Sensex 30 in Mumbai at 17,762.60 points 2.74% and the FTSE Straits Times of Singapore 1.26% to 2883.42 points.

Investors are optimistic about the effectiveness of European anti-crisis plan, to reduce the debt of Greece and the mobilization of one trillion euros to prevent any contagion to the rest of the euro area.

The euro remains stable against the dollar

In addition, Japanese industrial production fell in September, 4% on a month, the exporting firms are faced with the global economic downturn and the soaring yen, according to figures from the Ministry of Economy one hour payday loan. This is the first decline experienced since March, which recorded an unprecedented drop of 15.5%, again because of the accident at Fukushima. The production was subsequently taken up and had increased every month.

Oil prices retreated slightly on Friday morning in Asia, decision-bénécices after the flight of the day due to good numbers of U.S. growth and the Brussels agreement, analysts said. In electronic trading in the morning, a barrel of "light sweet crude" for December delivery lost 37 cents to 93.59 dollars.Barrel of Brent North Sea crude for December delivery yielded 30 cents to 111.78 dollars. For its part, the euro remains stable against the U.S. dollar, losing only 0.07% to 1.417 dollars.

Fight against poverty, access to clean water, education, health … Target the poorest countries of sub-Saharan Africa while engaging more in North Africa. These are the priorities declined by the French development, according to the 2011 AFD Ifop barometer, conducted in July, against a background of "Arab spring". They are 63% to support the continuation of official development assistance (ODA), despite the crisis and the context of budget restrictions. 77% of them even consider that France should have its own policy in Europe.

Tax on financial transactions

Given that France is the third largest contributor to global. "ODA accounts for 10 billion euros, or nearly 10% of global ODA, while France weighs 5% of global GDP.And the 2012 budget will not be affected by lower public spending, "said Minister of Cooperation Henri de Raincourt. Welcoming the outcome of the investigation that "incites to put development at the heart of the international agenda," the minister said that the G20 Development to be held next Friday in Paris will be a first in this proceeding with three priorities: food security, infrastructure and innovative financing.

Paris has the support of Brazil and several European partners to push the proposed tax on financial transactions, despite the opposition displayed the Anglo-Saxon countries, the United States in mind. "It will take these countries explain to their publics at the same time they lower their ODA they refuse to find new financing.This is an ethical issue, "criticizes the French minister.

If aid is important to the French, they are only 55% find it effective. They are even more severe in the result on the reduction of poverty, the fight against global warming and support for economic growth. Overall 60% believe the French budget enough, young people, however, require a greater commitment.

Respondents also believe that aid should rely more on local actors: communities, civil society organizations, entrepreneurs and NGOs …. The transfer of skills and know-how is considered very important to avoid over-reliance of the States for assistance. Finally, like other years, they want more information on funded projects, their progress and results.

With the arrival this summer of Qatari investors, Paris Saint-Germain has taken a new dimension to financial, sports and media. The French basketball hopes all things considered, do the same with the return of French players playing in the NBA (American basketball championship). Captain of a team runner-France the last European Championship, Tony Parker "PT" rise, by itself, a popular craze and the media. Thursday, after holding a press conference to announce his arrival in Villeurbanne, "TP" is chained interviews with journalists, specialists, general economic and before finishing the day on the set of 20 hours of TF1. The private channel was made to blow an audience of 6.3 million viewers, "in line with its average of the last month," according to TF1.If the number is not unusual, the presence of Tony Parker on a "20 hours" shows how the return creates interest.

The trademarks "TP" and "Asvel" associate

The club has also Villeurbanne prepared a communication plan for the arrival of "TP". "We have to associate the name" Tony Parker "with that of the Asvel on match tickets and through the sale of products ever created before," said Julien Lepron, marketing director of Asvel. The club has also provided marketing operations at the first game of Tony Parker, Oct. 14 against Paris, his first club … "Two thousand spectators who arrive early at the Astroballe (name of the speaker Villeurbanne ), will receive a jersey "replica" of Tony Parker, "said Julien Lepron, marketing director of Asvel.For this unprecedented meeting, Villeurbanne, whose average attendance last season was about 5,000 spectators (for a 5500-seat hall), aims to play a sold as the next three.

For its part, the official broadcaster of the basketball championship, Sport + (Canal + group) decided to schedule the meeting of Villeurbanne and Paris, while it was not originally planned. Three of five of the first meetings will also be broadcast Asvel including the clash between Nancy and Villeurbanne, the champion title in France which also hosts a French NBA, Nicolas Batum. "As the campaign for subscriptions is not yet closed, we have already recorded more than 1550 subscriptions against 1296 last year, said Jean-Charles Brégeon, general secretary of the basketball club Nancy no fax pay day loan.In terms of sponsorship, we expect revenue of 2 million euros against 1.7 million last year. "

Canal + prefer handball basketball

Still, all broadcasters, clubs and leagues are willing to realize that these returns will not solve the lack of visibility of French basketball. "The return of French NBA should not be the umpteenth buzz around the sport," said Julien Lepron. A discourse that looks suspiciously like the one held in 2000 after France won a silver medal at the Sydney Olympics. Eleven years later, the French basketball has lost ground and seems to have been overtaken by the handball. So much so that the Canal + group intends to make handball "his third team sport on its channels" according to Cyril Linette, Director of Sport Canal +."These words are hard to hear, says a leader of a big French club, who would like the league is looking at the return of basketball on the public channels. But it shows that competition is fierce between sports and we need to make the product "basketball" more attractive ". Didier Domat, a lawyer with Taylor Wessing, which manages the contracts of Tony Parker among others, the solution lies in building new facilities in France. "There is a lack of modern facilities for basketball in France, he says. The current facilities are not consistent with the economic issues inherent in the sport. The clubs are struggling to attract investors because they know they will not earn money by investing in basketball. It is difficult to have an entrepreneurial approach. "

In less than a year of London Olympics

Especially the basketball clubs in France have means significantly lower than their European competitors. "To hope to win the Euroleague (equivalent of the Champions League in basketball), a club must have a budget of 15 to 18 million euros and 10-12000000 if hoping to be included, says Julien Lepron. " The budget for the champion title in France, Nancy, is around 5 million … "The French basketball was exceeded by the demands of professionalism, recognizes Lepron Julien. Leaders must capitalize on the return of the Blues in France. And even more so in less than a year ago the Olympics. " Asvel side, it is hoped that Tony Parker will bring their project to large room.

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The European Central Bank keeps its cool. Faced with signs of recession in the eurozone and while a leading European bank, Dexia, is faltering, the ECB has decided not to ease monetary policy. It has left its main interest rate unchanged at 1.50%. The president of the monetary institution, Jean-Claude Trichet, must explain this decision on Thursday afternoon.

The market demanded a rate cut. "It took into account a lower rate of 0.5", observe the economists Societe Generale. Waiting judged "crazy" by the Luxembourg member of the Governing Council of the ECB, Yves Mersch.

The case for a rate cut was not, however, rule out of hand. Some analysts point to a worrying season looming disaster on the front of the activity in the eurozone."The risks to growth, was talking about last month the President of the European Central Bank Jean-Claude Trichet, materialize," are economists at BNP Paribas CIB. Furthermore, "economic forecasts of the ECB team behind sluggish growth at year end," they add.

Semi-surprise

The inaction of the ECB, however, is only half surprised. Jean-Claude Trichet, whose every word, in its public statements, is weighed, has not hinted in September that the ECB cut rates. Moreover, "the guardian of the euro zone will wait to act to have more evidence that inflation and growth will slow," noted economist of Nomura. Inflation in the euro zone peaked at 3% in September, a point above the objective of the ECB.

Observers expect more on a rate cut later this year."Jean-Claude Trichet is expected to set the stage Thursday in a future rate cut in the next three months," analysts at Nomura advance.

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In Francois Hollande who proposes to reduce 50% the share of nuclear in electricity generation in 2025 and Martine Aubry who wants to phase out nuclear power, the association offers a negawatt more radical scenario: a permanent cessation of EDF reactors at 58 2033. Earthquake energy, this proposal is however not the centerpiece of negawatt scenario for 2050, presented on Thursday.

As its name suggests, negawatt, an association of engineers and architects founded in 2001, believes that the best way to meet the energy challenge – reducing climate risk while avoiding nuclear risk – begins with the reduction our energy consumption. Watts saved or negative watts, aka the "negawatts," are even more important as renewable energy in the proposed scenario for 2050 (presented here in 27 pages).In green energy, biomass is expected to outstrip the wind and solar.

The team of around twenty experts led by Thierry Salomon floor for fourteen months to refresh his last scenario published in 2006. The approach of negawatt from a detailed study of the uses of energy (heat, transport, specific electricity including lighting, appliances or computers) which leads to energy needs and not vice versa. It is in the building sector, the first energy consumer, the script draws its largest deposit of "negawatts" 600 terawatt hours (TWh), or a saving equivalent to one and a half times the production of the French nuclear in 2010 (408 TWh).

To put the debate into perspective, Thierry Salomon said that electricity accounts for only 21% of energy consumption, the balance being devoted to warm us and transport us.But it focuses "90% of the debate" because of the role of nuclear in the French bouquet. The gradual decline in electricity consumption through measures of restraint and efficiency, according negawatt can start as early as 2012 to stop the older reactors. And close to 3500 MW per annum in the year 2020, four first-generation reactors.

The bill for this output of nuclear power? NegaWatts has not calculated as it is. However, Yves Marignac, the specialist Atomic Energy Association is sweeping the figure of 750 billion raised last week by Le Figaro. "This is a simple rule of three made not from the cost of phasing out nuclear power in Germany but the German nuclear transition, which includes investments," he said.The projected savings in the scenario negawatt, says Yves Marignac, could easily generate 750 billion euros in the oil bill alone avoided.

What follow this group of specialists will be given to the new report? Thierry Salomon claims not run for any presidential candidate but most have already established contacts with negawatt. Just as the association claims a share of paternity in the measurements of the Grenelle devoted to building, it intends to enforce its ideas from May 6

The Finance Committee of the National Assembly on Wednesday adopted an amendment removing the increase in the VAT rate in the theme parks to theme. Then Saturday, Jean-Pierre Raffafin said the head of state had waived this. If the professionals, and local elected officials – Jean-Pierre Raffarin and Philippe de Villiers in the lead, have welcomed the government ends up in turn with a hole of 90 million – expected gain with the increase in VAT – in new revenue under the austerity plan. There is indeed little chance that the measure be reinstated Tuesday by the parliament met in extraordinary session. But the government was clear: any measure removed must be compensated.Asked on Sunday to go to Europe Grand 1-Le Parisien / Today in France-i-Télé, Labour Minister Xavier Bertrand described the week ahead of "week of choice."

Taxing luxury hotels …

The general rapporteur of the Budget, the UMP Gilles Carrez therefore working on a measure that would affect this time the luxury hotel, the four, five star and luxury hotels in France. Since the 1960s, the area has a rate of 5.5% VAT. A niche that has cost 930 million euros this year to the state. Hence the idea of ​​submitting the luxury hotel at the standard rate of VAT at 19.6%.

For compatibility reasons, the European creation of a flat tax is now considered. The benefit for the state would be about 90 million euros in 2012."Politically, it's interesting," said one parliamentary source Agence France-Presse (AFP), while the tax on high incomes, which will be discussed in the fall, was ridiculed by the opposition is not high enough to taste some big names of the majority. But professionals do not agree. For Jacques Borel, consultant-lobbyist, the measure would be "shooting in the foot."

Secretary of State for Tourism, Frédéric Lefebvre agrees. He told AFP on Friday to be opposed to any measure that overtaxed the luxury hotel, and "deal a blow to the competitiveness" of the French tourism. "I am adverse to anything that overtaxed the luxury hotel business because it is precisely the quality and upmarket who left the area of ​​crisis," he said.As for the Synhorcat, union of the profession, he said that a tax of 33% between 1981 and 1994 on 4-star hotels of the period, against 7.5% for the rest of the hotel, had resulted in what "Many of these hotels" will downgrade "to escape the VAT hike." In Le Parisien, Aujourd'hui en France, director of the Plaza Athénée expresses fear that his clients go to other capitals as cheaper in Italy or Spain.

… And real estate gains

MEPs also STRIPS removing reliefs on capital gains of second homes, so far exempt after 15 years. The measure is expected to bring 2.2 billion in 2012, but the alarm real estate professionals. Gilles Carrez warned: the measure is "brutal" and may seize the sector, while growth is sluggish.Charles de Courson (New Centre) feared him "bribes, fraud and promises to sell anti-dated", while the device was supposed to apply from August 25 …. To soften the blow, staggered in time is considered, not removing the ceiling of 15 years, but by passing it to 25 or 30 years. Problem should be found close to 900 million euros if this relaxation was determined.

Valérie Pécresse, making his debut as budget minister in the chamber Tuesday, said "respect" the parliamentary debate. But it should not drag on so that everything is completed before the Senate elections of 25 September.

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