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You do not mess with the IRS. While Facebook made its IPO, which will make its share of millionaires shareholders, two U.S. senators are considering a bill that would prohibit the territory Americans who renounce their citizenship for tax reasons.

In their sights: Eduardo Saverin, associated from the very beginning of Mark Zuckerberg, the company ousted in 2005 but still shares amounting to nearly 4%, and now investor in Singapore. He renounced his citizenship last September, but the information was released by U.S. authorities until recently. While it could pay up to $ 100 million tax with the IPO of Facebook, this coincidence of timing aroused suspicion.

Faced with the inclinations of the U.S. legislature, Eduardo Saverin was quick to respond. "I have paid and continue to pay any tax due on all that I acquired when I was an American citizen, he said in a statement. It is unfortunate that my personal choice has led to a public debate based not on facts but on speculation and misinformation. "

To defend himself, one who has paid the first servers to Facebook insists on the calendar of his approach cashadvance. He moved to Singapore in 2009, "interest in working and living in Singapore." His request to renounce his U.S. citizenship was filed in January 2011 and accepted in September. It also ensures not be "a tax expert."

But rumors of a future IPO of Facebook started swelling late 2010, while valuing the start-up exceeded 50 billion dollars on the gray market. Then, in January 2011, Goldman Sachs and the Russian fund Digital Sky Technologies remettaient the pot. The amazing assembly proposed by Goldman Sachs then allowed to cross Facebook the 500 shareholders threshold which required the company to make its public accounts or the stock market is quoting within 120 days of the closing accounts of the year in which this threshold was exceeded. Which would have allowed Eduardo Saverin anticipate there eighteen months the heavy tax bill that would introduce him.

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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

We were waiting at Apple, here he teams up with the followers of the "kitchen air." French designer Philippe Starck developed with David Edwards, Harvard professor to whom we owe the inventions at least like the original "Whif" (the inhaler chocolate, green tea or coffee), a spray supposed to get the feeling drunk without drinking a drop of alcohol. Called "Wahh Quantum Sensations", this little spray 2ml of false airs stick lipstick releases 0.075 ml of alcohol at each spraying, enough, according to its designers, so that the brain is stimulated and feel the effects of drunkenness quick pay day loan. For Philippe Starck, this invention offers the consumer a way to "escape" without suffering "adverse effects" of alcohol. It allows you to experience "the smell of intoxication due to infinitesimal amount, a thousand times less than a glass of alcohol."

This little spray 2ml of false airs stick lipstick releases 0.075 ml of alcohol in each spray. Photo credit: FRANCK FIFE / AFP

We waited up to 100 billion for the valuation of Facebook at the New York Stock Exchange. It will be less: social network, which could make its debut on the Nasdaq on May 18, intends to sell 180 million shares at a price between 28 and 35 dollars in its IPO. This would allow the community to raise mastodon 5 to $ 6.3 billion. "We have no specific intended use for these recipes," says the site. Thus, the market capitalization of Facebook should approach the $ 80 billion.

Besides these 180 million shares, existing shareholders will sell 157.4 million shares, the proceeds of their return. In total, the sale of more than 337.4 million shares represent an operation to 10 no fax cash loans.63 billion dollars (the average price of 31.50 dollars per share), the largest entry of an enterprise of the net economy.

The estimated valuation for Facebook is the business of the net economy with the highest capitalization at the time of its IPO, largely eclipsing the $ 23 billion that Google was worth when he made his first steps as listed company in 2004. And yet, the figures released by Facebook could be deliberately modest in order to better announce higher and create a buzz.

With AFP

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That's at least one area in which Nicolas Sarkozy and Francois Hollande are the same observation. To build more and cheaper to build, the state, which is the largest landowner in France, should accelerate the sale of its lands. It is urgent: according to the Fondation Abbé Pierre, missing 900,000 homes in the Hexagon. To end this shortage, it would build 500,000 per year. But in 2011, which was not a bad thought, we built only 360,000.

Course, freeing land owned by the state and public institutions (SNCF, La Poste, RFF …) alone will not solve the problem. Again, the outgoing president and his opponent argue the same figures: this commitment will build 100,000 homes over the five year term. However, the two candidates differ on the implementation of this policy. "We will sell the land at market price, because we do not want to burden the state budget, says Benoist Found, the Minister of Housing. This will yield $ 2 billion. And we will build both social housing as housing homeownership. "" We will give the land to ultimately bring down prices of apartments, retorted Senator Repentin Thierry, in charge of housing the team in Holland. And we will build exclusively social housing. "

The idea of ​​selling land to large-scale department to remedy the housing shortage is not new. Nicolas Sarkozy has already been set to music between 2008 and 2012. With, the key 55,000 homes. Previously, Dominique de Villepin, prime minister, had tested in 2006. Result, today, many real estate projects are developed on former public land.

Unavoidable delays

Thus, in Dijon, 450 dwellings are currently out of the ground instead of the military hospital Hyacinthe Vincent, disused. In Paris, 3,500 apartments, of which the first to deliver in two years, will be built at Batignolles on land ceded by the SNCF and RFF. Of urban redevelopment initiatives have a major drawback: they take too much time. It took fifteen years for the first buildings to be built at the fort of Issy-les-Moulineaux, which housed the Directorate General of Armaments (DGA).

"These are times to extension, as there are plenty of incompressible phases: the negotiation of the sale price, changing the local development plan (PLU), demolition, obtaining building permits, the possible the clearance of …, "said Jean-Claude Florence, deputy department in charge of conveyancing to the Department of Defense. Another black spot: public operators sell the land without any discount, the market price. And as the land itself adds every year, they also help to increase prices of new housing.

Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille

French television production has nothing to envy to the cinema and proved, in 2011, its dynamism. "By volume and investments, all indicators of audiovisual production are green," says Benoit Danard, director of studies, statistics and forecasting at the National Cinema Centre.

With 4830 hours of programs assisted and an investment of television channels from 782.8 million euros, on behalf of audiovisual support beats a record since its inception in 1996. In total, the value of stock programs – fiction, documentary and animation – representing 1.477 billion, while funding by the CNC is around 200 million.

Yet, while fiction is the kind preferred by the French, the French drama production is struggling. In its annual report on audiovisual production in France, presented on Wednesday morning, the CNC recalls that "in 2011, a French watched 288 hours of drama on national television is free 5 hours 33 per week, representing 26, 8% of the television consumption ".

But this enthusiasm helps primarily foreign series whose presence continues to grow on antennas French from "in 2011 from 431 to 491 nights." On some channels such as M6, the AcSB notes that 91.1% of nights are American fiction. That says a lot about the dependence of the chain towards Hollywood and its ability to reduce in future years. And successes as "Gear", "Braquo", "short" (Canal +), or "Men of the Shadows" (France 2), "Scenes from" (M6), or "Do not they do not "(TF1) are rare.

The documentary, a genre cheaper

Worse, under three sets were produced in 2011 over the previous year while four new foreign series appeared on our screens. France is also a tentative entry into the world of big international co-productions like "XIII" (Canal +) or "Transporter" (M6). This funding abroad grew by 70% and represented 36.6 million euros. Small consolation, the format of the Franco-French 90-minute film is now less in favor of 52 minutes and short formats, more suitable for export.

Finally, Eric Garandeau, Director General of NCC, draws attention to "low investment of new DTT channels." If they represent "15% of the advertising market and 23% of the television audience, their investments do not exceed 17.5 million euros", or 2% of investment in production chains. Worse, in terms of fiction, only two channels TF1 Group invested TMC with "The Mysteries of Love" and NT1 with "My fridge told me." Most of the new DTT channels indeed prefer to invest in the documentary, a genre less expensive. They account for "11% of volumes ordered."

Suddenly, the CNC agrees today a new aid plan for fiction. It "seeks to promote the renewal and installation of the series," says Eric Garandeau, executive director of CNC. In Focus, support for early seasons of the new series. Thus, production for the programming of the day and evening before, as well as those for new DTT channels will be better supported. Similarly, the prime-time series of international formats (45 and 52 minutes) will receive a "bonus for their help when the order will exceed at least six episodes." This increase in aid should be an allocation of around 8 million euros.

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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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