The euro fell Friday to its lowest level since May 2009. This morning, the single currency goes on its third session decline and fell below the $ 1.37, after passing down the threshold of 1.38 dollars the previous day (Thursday evening about 22 hours). It reached 1.3648 dollars around 9 am 30. It's a new level for the single currency since May 9
Since the beginning of the year, the euro lost 2.5%.
This drop is explained in particular by the concern of traders due to budgetary problems of many countries in the euro area. Many expect a strong intervention of Europe and even appealed to the International Monetary Fund (IMF) to help Greece to get out of a budget crisis without precedent.
Another concern is about the euro on the currency market, the case of Spain, which has poorly digested crisis including an unemployment rate of nearly 20%.Besides Dominique Strauss-Kahn, IMF head, spoke Thursday on RTL crisis "very strong in Spain and that the country had" an effort "to reduce public deficits Business Card Holders . The Spanish public debt has soared just over 60% of GDP in 2010 while in 2007 it accounted for only 36.2% of GDP.
Tuesday, Paul Krugman, Nobel Prize in Economics in 2008, believed that Spain was the main weakness in the euro area. To this the Spanish Minister of Economic Affairs, Elena Salgado, has responded Thursday by saying on the radio station La Cope: "The euro is a very strong and we continue to strengthen the currency.I see absolutely no risk for the euro area, "adding," there may be a lack of understanding about what the euro means for our economy. "
Another country in the euro area is also starting to worry, Portugal, again because of deteriorating public finances of the country. Besides the titles of Portuguese banks fell by 5 to 6% Thursday on the Lisbon Stock Exchange.
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Twenty-five phone calls, and the authority of a so-called police commander in the Financial Guard, have nearly costly to Areva. A spokesman for global nuclear leadership confirmed on Wednesday that the figaro.fr of its subsidiaries has been referred by an attempted scam, which has been thwarted, without giving further details. RTL radio said that the event took place last Thursday, January 14.
The usurper who called himself Louis Bouvard, an unknown name to the financial police, said acting on the orders of a magistrate, to dismantle an international network of fraud to the credit card, the radio said.A payment of an amount of 982,000 euros to Hong Kong would have been asked, then realized, before being interrupted in extremis by the security services of Areva.
A judicial inquiry was opened
The Paris prosecutors opened a criminal investigation yesterday, Tuesday, about the attempted fraud, which could have been brought by an international syndicate. He told the inquiry to the Brigade of fraud means payments of the prefecture of Paris.
The case is therefore of no consequence to Areva. But it is a concern more for Anne Lauvergeon, which currently crosses the iron in the media with EDF, to ensure the place of his group in the French team of nuclear.The other question must be arbitrated on Wednesday by Prime Minister Francois Fillon, who planned to gather around him the leaders of the two partner groups, but still competing.
Tensions escalate between EDF and Areva
"Fillon convened Proglio and Lauvergeon
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"Serenity insured for your Christmas shopping: place an order before 12:30 pm December 22 with fast delivery or before 16:30 December 23 with the Lightning shipping, and Amazon.fr you book in time for Christmas in metropolitan France and Monaco!". In his mail, Amazon reassuring. However, a strike after the tip of his nose in the only warehouse logistics France, in Saran, Loiret. On site, 40 employees on the 1200 account that the site have ceased trading on Tuesday's call to denounce FO difficult working conditions and wages too low.
The trigger was the decision of management to Amazon to unilaterally raise salaries by 1.5%. "We wanted a dialogue and we have not been heeded. This increase represents an increase of 18 to 20 euros net per month.It is insufficient to increase purchasing power, "complains Sebastian Boissonnet, Steward FW from Amazon. The union does not fail to recall that in the third quarter, the site of online sales has earned a 68% growth in net income. Its operating profit rose 62% to 251 million dollars for a turnover up 28% to 5.45 billion dollars.
Recognizing this, the strikers demanded a general increase of 4.8%, a 13th month for employees, supervisors and managers, meal vouchers supported 60% by the company, and finally a budget increase of Works for social works.
No disturbances
To listen to the strikers themselves, the service should not be disturbed. The company has in fact appeals to a reinforcement of 600 to 700 to ensure the temporary work.Tuesday, Amazon reminded the AFP's requirements: "Our customers are our priority, we continue to do our best to ensure the quality of the experience of shopping on Amazon is optimal, and this obviously includes the fact to be delivered in time for Christmas. " Contacted for comment on Wednesday wage demands, the U.S. did not wish to speak.
Pressure
For the union, this strike will probably not reopen discussions but it should attract attention on the working conditions of employees. According to FP, these are deplorable and become even more in October, early Christmas shopping. "We always stores addition, discharge huge pallets without security. When one points out, we answered 'done with'.On 7 hours of work, we have only 23 minutes break, so we ask for 10 more minutes, "says Sebastian Boissonnet.
The pressure is also very hierarchical palpable. Hence the low mobilization. "There are services management at the plant. Since Tuesday, the manager came to us saying 'think about what you do'. "
For now, the union discussed the action in motion. This is the first strike from Amazon. A baptism that the company could have done at this time of celebration. Especially since the group table, during this period, a boom in sales of between 21% and 36% compared to fourth quarter 2008.
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BNP Paribas Real Estate Residential foothold in the residential hotels. The subsidiary of BNP Paribas announced this morning, creating a new brand, called Hipark Residences. The concept is innovative. Besides a well-studied design, these serviced apartments high-end, ranging from studios to more 'luxury', also rely on services.
The business traveler or tourist to see and offer a concierge service 24/24, the image of what is already in major hotels, cooking classes or a massage to relax …
The first residential hotel group will open its doors next February in downtown Grenoble. Then follow Nice (end 2010), Marseille (February 2011) and Serris / Val D'Europe (close to Disneyland in 2012). BNP Paribas does not stop there."We hope to open 10 to 15 serviced apartments in France over the next two or three years," confirms Rene Metz, chairman of BNP Paribas Real Estate Residential.
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The idea is not new, but it is original. On 1 May 2006, a vast movement of economic boycott was launched by the Hispanic population in the United States. The principle is simple: do not go to work, do not go to school, buy nothing and sell nothing. During 24 hours.
The goal? Demonstrate the role of immigration in the course of economic life. Result: factories temporarily forced to halt production and on the same day, nearly two million immigrants protesting in the streets of Los Angeles.
It is this "day without immigrants" Nadia Lamarkbi wants to reproduce in France. The idea came to him after the controversy over the remarks of Interior Minister Brice Hortefeux at summer schools of the UMP."It was the click" confirms that the Franco-Moroccan journalist of 35 years, "long" had "the desire to act against contempt" vis-à-vis immigrants.
A boycott is open to all
Soon a group was created to promote this idea. A website and blog are set up. And mayonnaise takes. The Facebook page "day without immigrants" already has nearly 5,000 members and 10 local committees were created.
The "24 hours without immigrants" will be held on 1 March 2010. A symbolic date because it marks the fifth anniversary of the entry into force of the Code of Entry and Stay of Aliens and Asylum (CESEDA), which established an immigration "chosen" on economic criteria.
"We want to draw people's attention and ensure that the look that focuses on immigrants in France changed. Today, the word "immigrant" has become almost an insult.This is not normal, "said Nadir Dendoune, spokesman for the group.
If the motion is primarily intended "to immigrants and their descendants," all non-immigrant solidarity and recognize the contribution of immigration to the growth of our country can also participate in the boycott. Blacks, whites, beurs, left, right … it must be a national cause. We even sent an invitation to Nicolas Sarkozy. As the son of an immigrant, he should be concerned, "quipped the reporter.
Getting support
In the charter, published on its website, the group responsible wanted to "ensure independent action and by refusing to protect against any attempt at recovery. But its members know that supporting policies and associations is "necessary to make the initiative work," admits Nadir Dendoune."We've already been contacted repeatedly by politicians and unions. We will negotiate with them. While maintaining our independence. "
The socialist deputy of Seine-Saint-Denis, Daniel Goldberg, has already supported the project: he regrets that French second or third generation "are still seen as foreigners."
And the Education Without Borders Network (RESF) could also meet this. Its president, Richard Moyon, also welcomed "the recent expansion of the range of actions on the issue of immigration." A reaction, he said, "xenophobic policy pursued by the government."
Asked about the initiative at Talk Orange-Le Figaro, Eric Besson said, "Do not create scarecrows that do not exist. And the Immigration Minister added: "It's not just invent a stigma."
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Local governments have reduced their investments by 2.7% in 2009, according to the memo on the economy of the bank Dexia. Can we conclude that the stimulus package the government has been ineffective? No, say experts Dexia. The decline would have been far higher without the flagship of the plan, the repayment with a year ahead of the VAT if the community is committed to invest more. As a result of the election cycle, 2009 could not be a good year for investment. In the second year in office, mayors have not yet launched new sites. Evidence that the stimulus package has had a positive effect of joint investment has declined only 3.1% in 2009, when he fell from 7.9% in 2002, another year post-election .
Still, the financial community may raise some concerns.Again in 2009, their operating costs rose faster than revenues (4.7% against 2.7%). The balance between the two remains the beneficiary of 39 billion euros is indeed an obligation, communities had no right to have an operating deficit. But the mattress decreases. Infuriating when you consider the blow on the property tax, property tax and business tax that taxpayers suffer this year. The fault lies with the transfer duties, the famous "notary fees. Dependent on the housing market, they have dropped 26% this year. For departments, the loss reached 1.9 billion euros, exceeding one billion additional revenues associated with higher taxes. Meanwhile, because of the crisis, these same departments, which included support the RMI and the RIAA, have suffered a 5% increase in social spending.
However, the debate on local government spending is far from exhausted. Excluding transfers of state employees, their numbers grew by 34,850 people this year and personnel costs rose by 4.9%.
In addition, as the subject arose from the difference between revenue and expenditure decreases, communities need to invest into debt. Their debt grew by 4% in 2009, and this leads to 132.1 billion euros, or 6.9% of GDP. This year, lower interest rates has reduced the cost of debt for municipalities, counties and regions. But it will not last forever. Even without the reform of business tax, the financial stability of communities becomes more difficult. And the state is determined to limit the growth of the funds it pays them.Municipalities, counties and regions will in future make an effort on the expenditure or investment, or operation, the experts conclude Dexia. They noted that reflections on the mutual commitment and optimization of operating costs. Continued …
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