In the first quarter, France recreated jobs

May 15th, 2012 admin Posted in business, economic, features, top news, world Comments Off

 

The employment recovers. A preliminary estimate of INSEE and the Ministry of Labour, 10,200 jobs were created in the first quarter 2012, an increase of 0.1% over the previous quarter.

This positive development comes after two quarters of contraction in employment. For the first time since the third quarter of 2009, the overall economy had destroyed jobs, 31,500 in the third quarter of 2011, and 22,600 in the fourth.

It was mainly the interim who had served as an adjustment variable. More than 90% destruction of items recognized in the second half of 2011 resulted from the decline in temporary jobs (34,000). In the first quarter 2012, job losses have instead been "very limited" according to INSEE, as contained in 1300 positions, a decrease of 0.2% over the previous quarter.

Over one year, the trend in employment remains slightly positive. 3000 jobs will be created, an increase of 0.1%. France had thus, in the first quarter 2012 according to a first count, 16.1 million employees.


Grand Prix de France: perfect timing

May 7th, 2012 admin Posted in economy, events, money, top news, world Comments Off

 

On April 22, spreading the controversial Bahrain Grand Prix Formula 1, TF1 has a record two years old: one of the best audience for a broadcast on 14h race. More than 3.6 million fans attended the event, 23% audience share. A score due to the uncertainty surrounding the holding of the Grand Prix because of events in the paus, but also to third place in the beautiful young French Romain Grosjean, a newcomer on the circuit.

This renewed interest in the Hexagon for F1 did not spring from Sunday. It might even increase in coming months with the likely return of a Grand Prix de France in 2013, five years after the last edition at Magny-Cours (Nièvre). In any case this was confirmed Sunday Team Bernie Ecclestone, the head of the entity managing the marketing rights to the F1 (Formula One Management), explaining that an agreement was reached with the Minister David Douillet of Sports for the organization within two years of this event easy pay day loans. But while the circuit bourguignon was losing money, why give up such an event at a cost estimated at 30 million? "It's an opportunity to generate additional revenue for the local economy, details of Sponsorship Director Hervé Bodinier 360, a specialized agency of the F1. Moreover, all economic actors approached the site of Castellet pushed in the same direction. Finally, it is a wonderful showcase for France, land of constructors, and great nation of motorsport. With the arrival of French drivers in F1 and good audiences, that is a very positive dynamic. "  

Worldwide reputation

Prime Minister Fillon has strongly supported the project.


Philippe Starck invented the spray that makes drunk without drinking

May 5th, 2012 admin Posted in publications, resources, special, top news, world Comments Off

 

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


A recovery plan for French fiction

April 12th, 2012 admin Posted in business, people, publications, resources, top news Comments Off

 

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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Sarkozy: Holland "denies the existence of the crisis"

April 5th, 2012 admin Posted in economics, news, people, top news, world Comments Off

 

Since formalizing his candidacy on February 15, Nicolas Sarkozy deseeded thirty proposals, his team compiled a campaign document, presented Thursday. The president-nominee warned, however, he intended to issue new proposals before the end of the campaign.

Nicolas Sarkozy has also presented his "letter to the French," in which he exhibited his "values" and his "vision of France" by the year 2017. This document, published in several million copies, will be distributed as part of an operation of door to door. On the first page of the 34-page document, is a sentence written by hand by Nicolas Sarkozy: "My fellow Americans, there is nothing more beautiful than the love of his country."

"Read" Letter to the French "Nicolas Sarkozy

• Economy and Public Finance

"" All my proposals are built around one goal: the balance of public finances in 2016, "said Nicolas Sarkozy business cards. He confirmed in his project a French public deficit has 0% of gross domestic product (GDP) in 2016 and a surplus of 0.5% in 2017. Incumbent President states in his proposed reduction of the French public debt to 80.2% in 2017 instead of 85.8% in 2011 with European commitments.

"To achieve the deficit targets, the tax burden will increase from 43.8% of GDP in 2011 to 45.6% in 2017 in France. Nicolas Sarkozy plans in its plan to cut public spending in France to 51.9% of GDP in 2017 instead of 55.9% in 2011.

"Nicolas Sarkozy has acknowledged that 115 billion effort is needed over five years. "I have to add the 9.5 billion campaign proposals," he added. This brings the total effort of 124 billion. Three quarters will focus on reducing expenses, the remainder of the revenue, insisted the president candidate, as he had already announced.

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Video game: Canada less generous

April 4th, 2012 admin Posted in events, life, money, opinions, top news Comments Off

 

Is this the end of the Eldorado Quebec? Federal Budget 2012 the country expects a cut in tax credits related to the fields of research and development so that the state could save 1.7 billion Canadian dollars (960 million). Primarily affected, the big video game companies like Ubisoft French, the British or the American Eidos Electronic Arts (EA) who massively shifted their best studios to take advantage of the generous policy of tax incentives in Quebec.

For several years, much of the so-called AAA games, video game equivalent of Hollywood blockbusters are produced in this province. The series of Mass Effect (EA), the recent Deus Ex: Human Revolution (Eidos) or future Assassin's Creed and Far Cry 3 3 (Ubisoft) are all stamped "Made in Canada". To attract this industry, Quebec has indeed set up a tantalizing tax credit that can reach 37.5% of the total wages paid by the company.

Unbeatable, and pay: a recent study shows that the number of jobs in the video game industry in Quebec has increased from 1,200 in 2002 to 8,000 in 2011, an increase of 564%. "If a few companies well established in Quebec managed to find an interesting progression, recent years have been especially marked by the arrival of new foreign multinationals," says the study TechnoCompétences. In France, the studio Quantic Dreams (Heavy Rain) and threatened to relocate its operations in Canada if the tax credit French video game, developed since 2008, is deleted by Brussels this year.

"Ireland or the United States become more attractive"

The 2012 federal budget could mess up this trend. If Quebec allows for the first time in its local businesses to benefit credit of 37 bad credit unsecured personal loans.5% on the cost of labor, in return, foreign companies are losing some of their benefits. The tax credit for research and development (R & D) increases from 20 to 15% on budget vote in Ottawa. As of 2014, will be excluded from the calculation of this device in hardware expenses. The share of wages from 65 to 55%, and the deduction of R & D done by subcontractors will go 100% to 80%.

"Since last week, invest in the creation of new video games cost more. Canada is one of most industrialized countries to invest in R & D is affordable, "said an analyst at PricewaterhouseCoopers Montreal Quebec newspaper La Presse. "The impact is negative and significant for all major video game publisher based in Montreal and Canada. Suddenly, countries like Ireland or the United States become more attractive, "he says.

French side, it puts the impact this decision could have on the domestic market. "This is still a very generous and much larger than what one can have in Europe," said Julien Le Figaro Villedieu, managing director of the National Union of video games (SNJV). In recent years, France has lost half its jobs in the sector, according to the State Secretariat for Foreign Trade. Number of French creative studio left to join Quebec where they can work on ambitious projects. For SNJV, the slowdown in Canada should allow a rebalancing of power relationships between the major producers of video games and Canada, which has for many years "a very powerful competitor, aggressive and confusing".

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The automotive and telecoms are the pride of the French

March 23rd, 2012 admin Posted in business, economy, events, special, top news Comments Off

 

The "Made in France" is a fashionable theme. And presidential candidates do not hesitate to dress their activists held in the Armor Lux Breton brand to prove their commitment in this area. Only 49% of French, yet are willing to pay more for local products, according to the latest brand Observatory * France, released Thursday by ViaVoice and marketing agency W & Co. Less inclined to protectionism as candidates, they are rather in favor of promoting offensive "skill and performance of French companies abroad." Therefore, they plébiscitent overwhelmingly (87%) creating a "brand France." "The possibility of a recession causes (…) a frantic search for poles of trust under the survival reflex", decrypts Gancel Denis, president of W & Co., in a recent blog note. "The" Brand France "can be leveraged to revitalize our exceptional growth."

As a standard-bearers, the French elect definitely automotive and telecoms! According to the study, 30% of them put Renault at the top of companies that provide the best image of France worldwide. Yet the image that has been severely tarnished by the case of false intelligence which sticks to the skin since late 2010. Still, the manufacturer is the diamond followed by rival PSA Peugeot Citroen (27%) and that, while the year 2011 has not been blazing for French car sales groups. Far enough behind, the phone operator Orange came third (13%) cash till payday advance.

The luxury does not have the side

For 60% of the French industry is one of the "main economic assets" of the country, just behind services (61%). This explains why, after the top three, the companies Bouygues (4th), Total (5th) and EADS / Airbus (6th) are listed among the best ambassadors of France. Strangely, the jewels of French luxury, yet acclaimed abroad, earning a lower "votes". Cited by 8% of respondents, L'Oreal wins seventh, followed by Chanel (8th), LVMH (10th) and Dior (11th). Achieving the same score (6%), EDF slips into this small group, at the ninth position. Finally, distribution and food are a laggard, Carrefour (5%) and Danone (4%) respectively arriving in the 12th and 15th positions. But the big loser in this edition of the Observatory is Areva, which was attended by only 3% of citations this year against 12% last year. The nuclear industry has lost its potential for seduction since the catastrophe of Fukushima there just one year.

(*) Survey conducted from February 22 to 29, 2012 online among a sample of 1001 persons, representative of the French population aged 18 and over.

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The austerity "pro-business" of the British

March 22nd, 2012 admin Posted in events, finance, news, publications, top news Comments Off

 

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


Regulators at bay before the listing of Facebook

March 18th, 2012 admin Posted in business, economic, economy, money, top news Comments Off

 

If the timing of the IPO Facebook is still not known, investors are in turmoil. And gendarmes stock alert. The Securities and Exchange Commission (SEC), the authority of U.S. financial markets, has struck a major blow this week by denouncing irregularities in the market called "pre-IPO" or pre-IPO. She has filed suit Wednesday against SharesPost, a leading specialized platforms in exchange for shares of unlisted companies, like Facebook or Twitter. His main mistake "of having effected transactions in securities without being registered in advance with the regulators as a brokerage." Clearly, the operations were carried out in a strictly regulated market.

Finally, the SEC and the founder of SharesPost, Greg Brogger, reached an agreement. The company must pay a fine of $ 80,000, and its founder will pay $ 20,000 bonus. In addition, SharesPost acquired a brokerage, which allowed him to register with the Financial Industry Regulatory Authority (FINRA), another regulatory body. The SEC announced parallel lawsuits against two managers of private funds – Felix Investments and Free Facie Management Associates – "created solely to acquire shares of Facebook and other Silicon Valley companies, deceiving investors and pocketing commissions unspecified ". The managers of these two companies have sold securities to Facebook prices up to 66 dollars per share, nearly twice the rate at which they had got hold of it, denounces the regulator.  

Gamble "even for sophisticated investors"

"While we applaud innovation in financial markets, new platforms and new products must obey the laws and ensuring fairness and transparency are the basic mark of a good financial regulation", argued a officials of the SEC, Robert Khuzami, said in a statement totally free credit score. This is a very sensitive issue because Facebook is trading on a gray market with a valuation of nearly $ 98 billion! However, in the first approach, the experts were hoping for a stock of Figaro valuation of approximately $ 75 billion. Finally, it should rather be on the order of $ 100 billion, they say.

The issue of pre-IPO market is considerable, at a time when the SEC ensures restore investor confidence. "When you do not trust your neighbors are happy to see that there are police on the streets," said Max Wolff, in charge of research on the secondary market at GreenCrest Capital in New York, in the columns World. SharesPost and SecondMarket platforms are best known on the secondary market. A market that has allowed tens of thousands of wealthy investors to take their share of companies very popular, as were also Zynga or Groupon before their IPO. Caution, however, not to lose feathers, warns Marc Fagel, director of the SEC office in San Francisco, said in the statement: "This secondary market (…) is dangerous even for sophisticated investors."

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Antoine Frérot strengthens its power at the head of Veolia

March 16th, 2012 admin Posted in economic, money, online, technology, top news Comments Off

 

Antoine Frérot, CEO of Veolia, has again scored points in the guerrilla who opposes Proglio, former CEO of the environment and current president of EDF. Thursday, the Board of Directors of Veolia was held in the absence of Proglio. The meeting, which took place in calm, devoted to a marked shift in the balance of power between the two men at the expense of Proglio, and in favor of Mr. Frérot.

Esther Koplowitz and Jean-Francois Dehecq, two directors of Proglio relatives, should leave the Board in effect at the expiration of their term at the general meeting on May 16, 2012. The banker at Lazard, George Ralli, hitherto independent director and be close to Proglio, will he, the representative of Groupama, in place of Jean Azema, arrived five months ago the management of the mutual insurer .  

"Engendering the board"

Finally, Serge Michel, the fourth director whose term will soon expire, is the only one to be renewed as it is. 85 years old and named, like all other board members when Proglio was CEO of Veolia, this connoisseur of Veolia always follows the group and its executives very closely.

Antoine Frérot wanted, according to a close, "feminize the board and introduce other adminirtrateurs present and ready to engage in the conduct of Veolia Environnement." Two women, Maryse Aulagnon, founding president of the Affine group, specializing in commercial real estate, and Nathalie Rachou, manager of Topiary Finance, should come to the board at the general meeting, as well as the general manager of the automotive Valeo, Jacques Aschenbroich quick payday loan. Finally, Augustin de Romanet, who recently retired head of the Deposit, Veolia's largest shareholder with 9.2% stake, will be replaced by chief financial officer of the public group, Olivier Mareuse.

Of seventeen directors, only three or four belong, after the meeting, the clan of personalities hostile to Mr. Frérot. The risk of a challenge after the elections, the leadership of this group which the State is not a shareholder, seems to go away.

In February, Proglio had sought to evict his ex-Dolphin Executive Officer of Veolia. He had found the boards of other voices to challenge the implementation of the recovery plan of the group. But the prospect of arrival of former Minister of Ecology Jean-Louis Borloo, opportunely announced in early March, killed the project in the bud. Better, Mr. Frérot then received its directors affirmed its support radical strategy, focused on an overall cost reduction, debt and group activities to local services. Although some have yet to see "how the restructuring is taking place," investors and financial analysts have welcomed the decision of the board. The stock has gained 1.08% Thursday. Worst performance of the CAC 40 in 2011, he returned 43% since January 1. What, again, release the pressure on the group.