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"It was like in the 1970s," said Senator Sabina Rossa, daughter of a trade unionist killed by the far-left terrorist group Red Brigades. Like Greece, Italy, suffocating under the pressure of austerity. Some do not hesitate to use violence to express their anger. So much so that the country is afraid to relive the dark days of the 1970s and 1980s, called "years of lead", with the rise of violent political activism.

Target of these attacks, the symbols of austerity. Saturday, two Molotov cocktails were thrown against an agency's office of tax collection Equitalia in the city of Leghorn (northwestern Italy). The previous day, clashes broke out before another agency's office in Naples. Last week, an official of Equitalia had been held hostage for several hours by a trader before he did make to the police.

A meeting is scheduled for Thursday

Monday is the CEO of a public subsidiary of the giant Italian Finmeccanica specialized in nuclear power that has been wounded in the legs by a gunman who was referred on the streets of Genoa (northwestern Italy). Friday, an anarchist group claimed responsibility, "dedicated" to Olga Ikonomidou, an anarchist held in Greece and has announced plans for seven other actions Payday Loan for Bad Credit. In his claim, he promises to take then to Finmeccanica, the second group of industrial countries. "Finmeccanica is death and exploitation," he wrote in a letter of four pages. These movements are the result of anger to the austerity measures implemented by the government which tracking Monti fraudsters and tax evaders and raises taxes.

Therefore: the Italian government will raise the alert level throughout the peninsula. A circular was sent to all departments concerned said the Interior Minister Anna Maria Cancellieri in an interview with daily La Repubblica and Il Corriere della Sera.

"Thursday is a scheduled committee meeting to order and security" during which will be presented "a package of proposals," she said. To defend the offices of Finmeccanica and tax agencies to Equitalia, the Italian army could be called in as reinforcements.

Risk "escalation" is

Equitalia an agency in Rome where a threatening letter was received. Photo credits: Domenico Stinellis / AP

No teletrack payday loans offer customers extreme speed in granting, approving and remitting cash advances to cater for any kind of unforeseen financial crisis.

 

Failing to generate enthusiasm, Nicolas Sarkozy's proposal to increase by 30% the rights to build at least have helped revive the debate. That the obstacles to build more and better in our country. On this point, they all agree: France is no shortage of building land and still can not build as much as its neighbors. Blockages that maintain higher prices. To take the problem at its root, several avenues are being considered.

The first, held by Nicolas Sarkozy, setting the density. Adopted on March 6, his bill should allow to build higher buildings and increase the surface of the houses. It is also necessary that councils do not object. "I am not satisfied that it is revolutionizing the market, says Rene Pallincourt, president of the Fnaim. It will be difficult to implement and will involve mainly the individual sector pavilion. The risk is that by increasing the building rights, the land price is moving upward rather than downward. "

To end regressive taxation on the land

For its part, the association Promotoit bringing together industrial specialists in roofing campaigns for these solutions to build under his roof. In a white paper published March 12, these professionals emphasize the value of the elevation of the dwellings. According to the study of the urban architect Michel Cantal-Dupart, it would be possible to build 466,000 square meters of rooftops in Paris focusing only 12 blocks and respecting the existing rules of the local plan (PLU) . In addition, fit out attics in houses represents a much larger potential yet.

However, densification has its limits. It is of little interest in peripheral areas and can be very expensive in urban areas. "We must abandon the dogma of the only densification to produce more land, said Jean-Philippe Bourgade, CEO of developer Bouwfonds Marignan Estate personal loans for bad credit. The raw material is there, it only remains to find the political will. "Ideas abound. "To increase land supply, avoid retention through new tax rules and open to urban land reserved for it in the PLU," said Marc Pigeon, president of the Federation of property developers. On taxation, most professionals agree to demand an end to the decreasing taxation on capital gains pushing the owners to keep their land as long as possible. The French Building Federation goes further by suggesting a progressive tax (0% the first year, 10% the second, etc..) Other widely discussed proposal: since there is little mayors "builders" poised to significantly increase supply land, why not manage the building permit or the PLU level inter?

As a major landowner, the state could also lead by example by making its land available. Nicolas Sarkozy and Francois Hollande suggested: the first considering a rental and the second one free availability. A final track is to densify the residential areas in redécoupant lands of private owners. A proposition advanced in the research project "Bimby" (Build in my backyard, Build in my garden). First practical application: a network of 'consulting division piecemeal "called Terra in Design, based in Paris, Lyon and Rouen. This service combines architectural skills, legal and financial resources to provide buyers and sellers of solutions division of land for new construction.

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Sony's new boss, Kazuo Hirai, did not wait long to make the painful cost reductions promised. According to Japanese newspaper Nikkei on Monday, the Japanese group will proceed in the year to the elimination of 10,000 jobs worldwide, which corresponds to 6% of its workforce. Sony has not confirmed this information for now.

The group fears a net annual loss of over $ 2 billion for the year ended March 31. In addition to the ill health of his division TVs, Sony has suffered, in 2011, the soaring yen, Japanese tsunami and flooding in Thailand. Hit hard by the crisis of 2008-2009, the electronics giant had already eliminated 16,000 jobs during this period.

In February, Kazuo Hirai had prepared the minds of a new wave of job cuts: the former head of Sony's games division, officially inducted Group CEO on April 1, announced that it would take "tough decisions involve layoffs, and reduce fixed costs in some areas, "to restore profitability.

Kazuo Hirai then spoke of the sales divisions of Sony in Japan, Europe and the United States and its supply chains. According to Japanese daily, half the job cuts announced should also result from divestitures. A few weeks ago, Sony had sanctioned the sale of its chemical activity, for the manufacture of LCDs, which employs nearly 3,000 people. The transfer should be effective in the last quarter 2012.

Marrying content and products

The disposal of these chemical activities is a first step in the restructuring of Sony. The group suffers from poor health of his TV division, which has grossed more than eight billion euros in losses over the past eight fiscal years. Kazuo Hirai himself has undertaken to restore the profitability of this division, undermined by the strong yen and fierce competition in two years.

Preferring to take advantage of lower prices of liquid crystal displays (LCD) rather than lose, the Japanese had already withdrawn from the joint venture owned with Samsung LCD, whose impact "on costs too heavy" had been singled out. Sony has no plans to abandon much of that product category. The television division is considered "critical" by Kazuo Hirai, who hopes to have it return to profit by reducing costs.

More generally, the new CEO of Sony account revive its brand by marrying more products and content. "The material leads to software to hardware and software," said he. A strategy that has already been implemented successfully in the video game division of Sony, Sony Computer Entertainment. In addition to manufacturing phones, tablets, game consoles, cameras and PCs, the Japanese group is indeed also a producer of content, through its film studios and music.

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The homes of the French shrink. According to a joint network and broker Meilleursagents.com Empruntis.com, the surface that can be acquired with average incomes fell by 20M2 between 2000 and 2011. Eleven years ago, and could buy only 50 and 70 M2 M2 today.

Soaring property prices is responsible for this situation, which affects all French but not with equal force. For more than income disparities, it is the location of purchasers who will play on their purchasing power. Thus, although holders of the highest average income (4710 euros a month by households according to INSEE), Parisians can not afford that 31 m2, two rooms is a small or a large studio in a city where the m2 reached 8500 euros! In comparison the Rennes and Strasbourg, whose average income is lower by more than 40% (2665 euros a month) than in the capital, however, can lay claim to 62 m2 of housing low rates payday advance. Twice!

Nantes is ranked second among cities in the real purchasing power stronger. With the average income for the city one can acquire 58 m2. In Toulouse and Bordeaux, are accessible 55 m2, 51 m2 in Marseille, Lille and 46 m2 to 38 m2 only Nice.Cependant buying power tends to melt everywhere. In one year, Rennes lost 4 m2, 3 m2 of Lille, Lyon 2m2, m2 and one for Bordeaux and Nantes.  

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The "budget day" is not an easy feat in the UK. Wednesday morning after getting out of his office of 11 Downing Street hand with the red briefcase containing his proposed budget, the Chancellor of the Exchequer, George Osborne, was followed by a helicopter news channel Sky News on its journey to the seat of Parliament at Westminster, not far away. Before the deputies, he presented his proposals "pro-business without shame" for the fiscal year that starts in April.

The controversial reduction in higher rate of income tax from 50 to 45% is confirmed and a reduction in corporation tax from 26% to 24% next month, and 22% of by 2014.

Difficult to continue to blow that austerity for everyone, as pointed out by the opposition Labour leader Ed Miliband instant payday loan lenders. The government counters that it compensates for these cuts by increasing taxes on real estate or a hunt for tax evasion. But one of the major economies is the reduction of social benefits, including family allowances, approved last month.

Despite this fiscal redistribution, the Minister of Economy did not budge from its priority to fiscal consolidation. The objective of removing the budget deficit in five years remains valid. But the euro crisis requires, it was shifted to two years to 2017. The deficit will still be 143 billion euros this year. It was only after 2015 that the debt could theoretically decrease.

Anticipated recovery of investments

 

The Women's Day celebrated on Thursday and its litany of gestures and speech for the occasion more than a tired mind, both male and female. Never mind, here, much less agreed, the World Day of … plumbing. A joke intended to mock the endless list of World Days – "Pinhole photography at" (sic), "for normalization" (sic) or "the kindness"? Not at all. In France, the Information Centre of copper is responsible for promoting the third edition of this World Day of plumbing. A good cause, said, for those who doubt, the site of the World Plumbing Day "The plumbing is vital to public health worldwide cash advance america." In fact, no safe drinking water without piping, valves and seals of quality. According to the UN, diseases related to unsafe drinking water every year kill more than 3 million people. By coincidence, the World Day of the plumbing is organized on March 11, the anniversary this year, the Japanese tsunami. The Fukushima nuclear disaster that ensued has accumulated problems of floods, leaks and contaminated water. The promoters of the World Plumbing Day will argue that even in the most extreme circumstances we always need a good plumber.

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"Water, a humanitarian emergency

 

As promised, the euro zone countries have begun to unlock financial support for Greece. After the agreement between Athens and its creditors to reduce debt, the euro area has decided to provide 35 billion euros in the country. This represents the first installment of a loan of EUR 130 billion planned in exchange for his efforts. Agreement on the remaining amount, or 94.5 billion, should be reached next week, said the German finance minister Wolfgang Schäuble.

Most of the 35.5 billion euros will be released on Friday allocated to banks. Indeed, this is to compensate the fact that they can not file for Greek debt to the European Central Bank in exchange for cash, the country is bankrupt organized.  

A "partial default" by Fitch

The rating agency Fitch has also been the first to react to the agreement to reduce Greece's debt, lowering the grade of C in the country "partial default" ("restricted default", in financial language). "The debt swap is a credit event," the agency said. A decision is also justified by the choice of Athens to enable collective action clauses (CAC). Clearly, the creditors objected to the debt reduction will be forced to participate in the operation.

Losses for banks represent almost 74% of the amounts of Greek debt they hold, Fitch added. The agency will climb the rating of Greece when the operation is complete: technically speaking, the country will no longer be in default.

Another of the three major agencies, Standard and Poor's (SP), adopted a similar position in late February. She had placed the note in "selective default" or "SD" (selective default), against "CC" before, indicating that it planned to raise the CCC once fully by the exchange. As for Moody's, which has no corresponding note in default, it lowered the rating on March 2 from Greece to "C" against "Ca" to date.

"We are not out of the woods"

"We are not out of the woods, but we have taken an important step," said Wolfgang Schäuble about the successful exchange of debt. He said he was "confident" of obtaining a financial recovery and the Greek economy, "by following this path." He assured that there was "no shadow of a danger" that the Greek, with a call for private creditors, is repeated elsewhere in the eurozone.  

Some economists believe that Greece will receive a third bailout in 2015 and that debt will always be 120% of Greek GDP in 2020. An amount deemed unsustainable.

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Better be envied than pitied. While Latecoere signed two months ago an agreement with its banks to clean up its financial position, the Alura Capital Partners Fund has just made its entry into the capital of aerospace equipment. According to our sources, the hedge funds in recent days has notified the company in Toulouse he had crossed the threshold of 2% of its capital. Contacted the two companies did not wish to comment.

The arrival of new investors reflects a renewed interest in Latécoère, caught two years ago by incurring excessive debt. Called into action by creditors in September 2010, Pierre Gadonneix, former boss of EDF, had initially prepared a quick backing of aerostructures specialist, before changing his mind. The group has completed in late December, its financial restructuring, aiming now to "participate in industry consolidation in a horizon of 2-3 years."

Some already are betting on an accelerated schedule, while the aerospace-defense is faced with the rise of civil aviation and the decline in military orders. The rating agency Fitch expects an increase in mergers and acquisitions over the next 12 months in the area. Consolidation to which the size of the encourages war chest of EADS and BAE Systems other: according to calculations by the agency, the cumulative cash flow of the six main European players reached 17 billion euros. If they do not want to return this money to shareholders, these groups will have to offer investment alternatives. Good news for them, as the funds Cinven and Carlyle, who had driven up prices of acquisitions in recent years, no longer have the same firepower.

Maneuvers

The maneuvers have already begun. According to Bloomberg, the British GKN is emerging as the favorite to take over Volvo Aero, a transaction of about 1 billion euros. Saffron is always the theater of operations in Italy to get their hands on the engine manufacturer Avio. For its part, Latécoère had received in early 2011, the takeover bids from the British GKN, the Dutch Fokker-Stork and Chinese Avic.

The AIF Alura Partners was founded in Paris in October 2010 by Alain Demarolle, former head of European investment fund Eton Park. The inspector, who had in 2008 a study mission on SWFs to the Finance Minister Christine Lagarde, received last month, the price of the international investor of the year the Paris-Ile- de-France economic capital.

 

Google plans to launch a home entertainment system capable of downloading, then amplify play music in forums Wireless, The Wall Street Journal. The system, operable from a smart mobile phone or a digital tablet, will evolve to download and distribute video programs also. Google is preparing to compete even Apple, which we expect a new offering meant upsetting the way of watching TV.

It helps us understand why Google acquired Motorola Mobility Holdings. If the acquisition is approved by regulatory authorities, it will help the Internet industry giant to launch this year of a new type of devices, sold under its own brand. The experience would mark a radical departure for Google, whose wealth depends heavily on its dominant position in the market for Internet advertising. The California company has also managed to do in less than three years of its Android software reference system at the heart of millions of mobile phones manufactured and sold by others.

The development strategy of Google draws more and more Apple. This is a great success thanks to the distribution of equipment designed entirely by its own engineers, according to its own standards, marketed under its brand and integrated into a platform for buying (iTunes Store) wholly controlled.

Google has already been manufactured or manufacture electronic devices. But his experience in 2010 with the sale of its first mobile phone Nexus, assembled by HTC Corporation, was quickly abandoned payday loan online. In wanting to sell products under its brand, Google risks angering its partners like Samsung which it depends to disseminate in the field of Android phones and digital tablets.

Management appliances

Google, like Microsoft and Apple, has long sought a way to marry television with the Internet. His effort called Google TV to integrate Android to TVs from Samsung and Sony, to facilitate research programs of video, did not yet successful. But tastes and consumer habits are changing. The considerable success of Netflix (platform distribution of films and serials) has transformed the U.S. Internet audience in a new age. Properly constructed, a new incarnation of Google TV or Apple TV is more likely to succeed today than some years ago.

Google sees farther. By engaging in the marketing of equipment under its brand, the firm also plans Sergey Brin to attack another market that the giants of personal computing as Hewlett-Packard have unsuccessfully tried to create: that of managing Internet for all kinds of home appliances, those enthroned in kitchens systems for temperature control parts of a house and alarm systems.

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The crisis will not spare the textile and clothing, nor in 2011 nor in 2012, according to latest figures released yesterday by the French Institute of Fashion (IFM). Falling from 11.7% in France in the third quarter, sales of clothing have declined 2.1% in 2011, the fourth consecutive year of decline. Much worse than in 2010 (when sales had dropped by only 0.6%), the trend is not likely to reverse in 2012: against the background of a prolonged economic slowdown, the IFM provides a fallback of 1.8%.

Consumption at half-mast and a surge in raw materials (cotton, wool, oil …) continue to affect the sector. "Rising costs could not be passed in part to the customer on prices because demand is down," said Gildas Minvielle, head of the Economic Observatory of the IFM.Consumption can not grow, says he, "when we have an economy that is growing at quite low. It takes 2 or 3% of overall growth in consumption "to expect to see a" dynamic "re-emerge in this sector, he added. It is far less than 1% growth.

The decline in sales has not yet been felt on the production of the textile industry, stable since 2009. She even posted a sales increase of 8% in late August, thanks to strong exports, supported by Asia. But industrial activity may be overtaken by the crisis, "in case of continued deterioration seen since the summer," warns the IFM.

Consumer bipolar

To resist, distributors sharpen their weapons, and strategic marketing. Much attention is given to new behaviors and consumer demands.