Faced with the crisis, employers are reducing their training budgets, but at the same time, feel they do not have the skills necessary for their development. They evoke a strong "talent shortage". This paradox is largely promoted by the 10th European Business Summit 2012, held this Thursday 26 April by the Federation of Belgian Enterprises (FEB) – equivalent of the MEDEF and the giant-board, Accenture.

A survey by Accenture and presented during the Forum is a measure of the problem (*). Over the last 12 months, 86% of European employers surveyed reduced or froze their spending on training and skills development. The greatest restrictions affecting Italy (93%), Spain (90%) and Britain (90%). But no country is characterized by the implementation of important ways. France is about average (85%) and Germany is slightly less severe (71%).

In the next 12 months, no change announcement: only 18% of employers plan to increase spending.

Yet at the same time, 43% of them recognize that they are facing a talent shortage. Better, 72% say they have revised upwards their investments

.

"It's the crisis, companies are reducing the wing," says Fernand Dimidschstein, responsible for the activity management consultancy Accenture France Benelux. "We must reinvest in training! Because without training, there is no skill, and no innovation, "he insists. The EU summit is organized to raise consciousness. "

"The withdrawal is a database error"

Restrictions to the paradox of training budgets is also the issue of "untapped talent pools" in Europe: 23 million people unemployed, plus a non-working population, wants to work but faces many obstacles, ie 15 million seniors, and young mothers face the same struggle.

"Companies do not know their talents, both internally and externally," says Fernand Dimidschstein.

Based on these observations and responses of respondents, the study makes recommendations to employers and politicians. It invites the first to "invest in collecting and analyzing data to draw the profiles of talent" and work together on networks. "German companies have an ability to hunt in packs, which is not the case in the rest of Europe," said Fernand Dimidschstein.

Policy makers, the study suggests more support for schools and businesses partnerships to bond market needs. It also calls for increased harmonization of diplomas in the European area. The Bologna Declaration had laid the groundwork in 1999, "but too many students still spend equivalencies," says Fernand Dimidschstein. "It would also simplify the legislation to attract international talent in Europe and encourage them to settle there," he continues talking about an "intelligent immigration". "The withdrawal is a database error," he concludes.

(*) Study "Turning the Tide: how Europe rebuild skills and generate Cdn Growth", conducted in February 2012 among 500 decision makers at the head of business administration and civil society organizations.

ALSO READ:

"Accor focuses on education to promote its businesses

"How to advance its employees

"Corporate universities are on a roll

SERVICE:

"Job offers in France and abroad with Cadremploi

FOLLOW THE INSTRUCTIONS ON FIGARO:

"Twitter: @ LeFigaro_Emploi

Boost growth at any cost. After a disappointing year in 2011 – the gross domestic product grew by 2.7% against 7.5% last year – Brasilia announces stimulus plan to support the industry and allow an increase in activity of 4 , 5% in 2012.

By injecting about 60 billion reais (25 billion euros), the President wants Rousseff repeat performance of its predecessor, Luiz Inacio Lula da Silva, 2008: Brazil to get between the drops of the global economic crisis. National investment bank BNDES sees the wheel of private loans increase by 45 billion reais (18.6 billion euros), 15 industry sectors will be exempt from social security contributions and the State agrees to purchase priority of goods produced in the territory.

Meanwhile, Dilma continues to operate the monetary lever, lowering the base interest rate, now 9.75% – 4.5% inflation counted once. The goal is to break the vicious circle that kept at a level astronomical, on behalf of the fight against inflation, making financial investments more profitable than productive investment. Due to the low wages offered by European and American central banks, Brazil has become a magnet for capital. The massive influx of foreign currency caused an overvaluation of the real, local currency, draping business competitiveness and pushing up the debt service, at the expense of public investment.

Modernize infrastructure

Beyond the exchange rate, the "Brazil cost" is mainly caused by poor infrastructure cash advance loan. Lula and Dilma have realized by increasing the action of the State, through the Growth Acceleration Program (CAP), to improve the quality of roads, airports, bridges, and thus lower the costs of export. "But this is not enough: the investment rate is 20%, it would have to reach 25% if growth takes off," Roberto Messenberg tip, an economist at the National Institute of Economic Research (IPEA) .

If the response to stimulation of the supply train, Rousseff account on demand. In recent years, household consumption has increased faster than growth, thanks to better distribution of income, profit social policy and rising wages. Consequently, the credit showed an increase of 20% per year. To maintain this pace, the government has pushed the two leading public financial institutions, the Bank of Brazil and the Federal Economic Fund, to announce a drastic reduction of interest rates for consumers and small businesses. He hopes that private banks will follow, to capture those 50 million potential customers from the "new middle class" are qualified as having acceded to the poor consumer.

The main advantage of the government is public confidence. Despite slower growth, hiring continues, and the popularity of the president has set a new record in March, 77% of Brazilians plébiscitaient his way of governing the country.

ALSO READ:

"Coup brake in Brazil as a result of the global crisis

The Chinese have hit hard. They decided to freeze orders 45 Airbus to protest against the carbon tax that the European Commission imposed from January 1 to all airlines flying over European airspace. Beijing remember vividly that he has very strong case when a trading partner dares challenge him. The Middle Kingdom also knows how to play the national preference. It requires six high-tech sectors to buy Chinese. China is not the only country to use every weapon at its disposal to defend its interests.

Other states willingly play the card of patriotism and protectionism. In the U.S., the Pentagon chose the U.S. in February 2011 at the expense of Airbus Boeing to equip 179 tanker aircraft. The battle, which has experienced tremendous twists, lasted ten years. In France, more than 180 MPs signed a petition in June 2011 calling Air France to equip Airbus, not Boeing.

Broader range of measures

A study by the consulting firm Roland Berger, the use of defensive protectionism is rising sharply. The G20 countries have taken defensive measures 122 between November 2010 and April 2011, against 54 between May 2010 and October 2010. The first concerned imports amounting to $ 77 billion. The second for $ 31 billion. They drew on a wide range of measures ranging from quotas to technical standards, sanitary and environmental, through administrative procedures, restricting access to public procurement, export restrictions. Countries can also go on the offensive by providing support to an industrial sector, export subsidies, antidumping action or increase tariffs.

Europe can be even more tempted to protect themselves, the trade deficit with China rose to 170 billion euros in 2010 and has lost 3.3 million manufacturing jobs between 2003 and 2009 when China created 56 million jobs in the industry during the same period.

Refusing the border closure, Roland Berger experts advocate that Europe plays the opening for several reasons. European countries can not ignore the markets of Brazil, India, China and Russia who represent 40% of global GDP in 2050. They have strong assets (qualified staff, quality of infrastructure) that enabled them to attract in 2009 twice as much foreign investment (216 billion euros) that the United States. Europe can count on champions entered in the top 3 worldwide in their sector, such as GDF Suez, LVMH, EADS, Bayer, Sanofi Aventis, Michelin, BASF, Volkswagen. But it must also be facilitated by the political will to resist threats. The standoff Airbus-carbon tax is a good test.

ALSO READ:

"Sarkozy called economic patriotism in Europe

"Airbus: Europe ready to retaliate against China

"Carbon Tax: Airbus A330 and A380 are at stake

The former stars of mobile phones, Nokia, Motorola, Sony Ericsson, RIM (BlackBerry) and even Microsoft have missed the turn of the smartphone. Can they still get back in the race? Their image is tarnished by this delay. BlackBerry and Nokia-Microsoft duo are the first victims. They are also penalized by the unattractiveness of their application stores. While Apple displays 550,000 applications in its App Store and Google 350,000, for its Android Market, RIM and Windows Phone as having between 10,000 and 50,000. In response, the Canadian has just effected a turnaround first. It is now possible to download applications on its Android tablet playbook. For its part, Microsoft relies on the arrival of its new Windows 8, dedicated to the convergence between tablet PC and smartphone finally manage to win in telephony. Telcos want the arrival of a third player to escape the duopoly Apple / Google. For now, these wishes are not sufficient to ensure a start to a fanfare Windows Phone. Specialists have to find many beautiful virtues, it has sold just over 1 million Lumia (the Windows Phone from Nokia) since their launch in mid-November no faxing payday loans. For Nokia, it's a matter of survival. For Microsoft, success becomes an obligation, in a world where smartphone sales surpassed those of PC.

Motorola bought by Google

"Ten years ago, consumers chose a terminal. Today, they opt first for an ecosystem, "said Pierre Peladeau, an analyst at Booz & Co. And for now, the choices are on Apple and Android. The brands of the 2000s fetish pay the price. Sony Ericsson, soon renamed Sony, seeking to revive the glory. The new product launches are expected to accelerate. For Motorola, the situation is more ambiguous. The former star of mobile telephony, inventor of the clamshell phone, was bought by Google in August. Motorola has released its new Razr Android without the benefit of exclusivity from Google. The latter should spare the susceptibility of its other clients, Samsung, LG and other HTC.

ALSO READ:

"Electronics: Innovate or die

Taeco, headquartered in Xiamen, southeast China, has also opened an investigation into the incident Tuesday. The Chinese maintenance company is a leader in the maintenance of large aircraft and works including Lufthansa, British Airways, American Airlines, JAL and Emirates.

Last night, hours before the summit, Nicolas Sarkozy and German Chancellor Angela Merkel put pressure on Greek Prime Minister George Papandreou. It wants a referendum on the European rescue plan for his country. French and German leaders asked him an ultimatum: "the question to the Greek people come down to this: do you want it not to remain in the euro area?"

24:37: "Finally, the G20 officially begins, says Cyrille LACHEVRE, Special Envoy of Figaro in Cannes.Nicolas Sarkozy welcomes everyone while Europe, meeting in Council emergency continues to struggle online payday loans. "

24:18: "The EU treaties do not provide output in the euro area without leaving the European Union, the European Commission confirms the sidelines of the G20, about Greece. The only option on the table is that Greece is the euro. "

24:10: immediate response of the Secretary General of the Greek prime minister to the call of the deputies of the majority: George Papandreou "did not resign, will not resign."

24:09: The Greek Socialist MEPs propose a coalition government led by former Vice President of the European Central Bank Lucas Papademos, according to Reuters citing sources internal to PASOK, the socialist party majority

12:08: "The extraordinary summit between EU leaders continues.

As for the AEF, the report by Martine Martinel denounces the "unrealistic financial trajectory proposed by the AEF and accepted by a confidence that can be described as blind by the State." Particularly with regard to advertising. "This led the AEF has requested a budget increase in 2011."MP sees this as the main cause of the lack of perspective of the state as the group itself that led the General Inspectorate of Finance to intervene in the summer. However, the member is concerned that "the national representation there is still no access."

It also criticized the management of the CEO, Alain de Pouzilhac, saying "the list of errors of management is already long enough and sufficient breach of trust used to put an end to the appointment of Mr. Alain de Pouzilhac ".

In the process, the MP also questions "the merger of RFI and France 24, it considers reform conducted forced march and which neither the need nor the utility are proven." However, Martine Ravinel advocates rapprochement between France and the 24 public group France Televisions.

France Televisions, however, is not immune to the report of the Socialist MEP.The latter believes that the 2008 reform has been to reduce advertising on France Televisions has a balance sheet "very negative". She asserts that the reform had a "zero impact of the abolition of advertising on the audience." It also is concerned "to a funding threatened and does not guarantee the necessary visibility to the group" as the organization itself of the company. It is particularly cautioned the government against "a lack of reference to employees" within the "single undertaking". Finally, Martine Martinel denounced at once "no channel dedicated to youth" and the need to "modernize France 3".

Explosive, this report could nullify in advance of the Commission's thinking on foreign broadcasting, chaired by MP Michèle Tabarot UMP. Yet its members do not want to change the schedule."Before giving our conclusions, we firstly audition Alain Juppe, foreign minister, who said he wanted to get involved in the matter, but also about the findings of the Inspectorate General of Finance," says Christian Kert , UMP deputy of Bouches du Rhone.

However, the options are continuing to clarify:

-Members of the opposition and the majority still stand on the issue of the merger of France 24 and RFI, as the two solutions would they be supported and at the discretion of the government.

-Governance structures to isolate the CEO of the AEF of different operational functions to avoid a repetition of the pattern Pouzilhac / Ockrent.

-The Commission may recommend synergies in terms of content between France Television and France 24.In this case, France Televisions could be invited to the board of the AEF.

-Finally, the Commission could recommend only the tutelage of the Ministry of Foreign Affairs.

This is the week of Nov. 24 that the Commission could then make its own report.

Despite the difficult conditions of funding and the increased reluctance of banks, the French operator has not given up the sale. The facts seem to prove him right, a dozen candidates who have passed the process of selling the asset.But the arrival of Xavier Niel somewhat diversified profile of potential buyers. So far, the majority of applications related investment funds: Apax, Providence, EQT, Bain Capital, Liberty Global, Doughty Hanson and Carlyle separately and Altice, Numéricable shareholders.

Support of Goldman Sachs

Xavier Niel, the head of the Iliad, the 297th ranked Fortune Global Forbes, meanwhile intervene personally. The Egyptian billionaire Naguib Sawiris politician, former CEO of the operator Orascom is also in the race. Faced with these heavyweights of finance, the French entrepreneur has joined forces with the U.S. bank Goldman Sachs, report echoes.

"At 2 billion Swiss francs (1.6 billion euros, Ed), Orange Switzerland is valued six times its gross operating profit on the stock exchange more than 3.8 times that of France Telecom," the daily explains.A premium is explained by the fact that the sale of Orange Switzerland is the only major operation in progress on the Old Continent now, and that France Telecom has commissioned ahead of banks, including Credit Suisse, HSBC, JP Morgan, to prepare a financing plan ahead in order to facilitate the implementation of the operation.

At the second round of bidding, all filings seem to hold the interest of the French operator, since no application has yet been ruled out.

ALSO READ:

"France Telecom will sell its Swiss subsidiary

"The merger between Orange and Sunrise in Switzerland compromised

Other banks, Wall Street stars, also address their operating costs.The offices are less green and Morgan Stanley, which decided to cut the budget plant. "Every dollar not spent is a dollar that can be used for growth," says her boss wisely James Gorman. Bank of America canceled several expensive meeting, while Barclays will strictly monitor the bill for business phones for its employees.

Bonuses reduced and job cuts

More importantly, the impressive bonus paid out to employees at year end should be reduced. Although for the moment, the cumulative 65.69 billion dollars, set aside for this purpose in the first half by Citigroup, JPMorgan, Goldman Sachs, Morgan Stanley and Bank of America, do not show it yet. In recent await the end of the fourth quarter before taking any decisions about it.

Saving measures will also affect employment installment payday loans.Goldman Sachs cuts and positions could not be about 3% of the workforce (1,000 people), as expected so far, but 5% of the total. Bank of America will eliminate 30,000 positions, JPMorgan Chase 3000.

A disastrous quarter

The time has come for U.S. investment banks to tighten their belt after a disastrous third quarter. The very poor stock market performance of major Wall Street banks over the period, characterized by loss of 16% to 49% over the period, illustrate the phenomenon.

The reason: the pressure around the debt crisis in Europe affects the banking sector on both sides of the Atlantic, the new cases of mergers and acquisitions and bond below the 2008/2009 levels, and economic slowdown in the U.S. and the euro area.Not to mention the always present impacts of the subprime crisis.

Symbol difficulties, Goldman Sachs is expected to announce on 18 October, its worst quarter since going public 12 years ago. The consensus of analysts now speak of an earnings per share of $ 1.35 (against 2.65 dollars a month ago), a loss of profitability of 50% over the year. Some even refer to a quarterly loss that the bank would be its first episode since the Lehman Brothers in 2008.

ALSO READ:

"Bank of America overwhelmed by all that beating down Wall Street

"Moody's deteriorating three U.S. banks

"SPECIAL CRISIS: fear of debt

But Thursday, François Fillon has caused confusion. Referring to the economic convergence between France and Germany, he said that things were moving in the field of corporate tax.He added: "It will take time to go to a joint work towards a common retirement age, to a gradual convergence of economic and social organization of our two countries." But the retirement age with full pension, except for long careers, will be increased to 67 years across the Rhine by 2029.

"Target needed '

Trial balloon of "Fillon-the-discipline"? Clumsiness (this passage was the only improvised his speech)? Applies to defuse his entourage: "Convergence is a general purpose necessary to maintain the competitiveness of France. The recent pension reform is an element of social convergence, and the government does not intend to go beyond in the coming months, "says an adviser.And up, tongue-in-cheek, that the barrier of 67 years had not been mentioned, and that convergence might as well be on "our" 62 years …

In fact, it would be difficult for the Prime Minister to explain that further reform is needed, a year after he hammered the previous balance the books. But in the midst of primary socialist and the day of the budget of the social security, his statement could hardly go unnoticed. For François Hollande, Fillon "revealed the program of Nicolas Sarkozy" in 2012. Segolene Royal accused her of "not being honest", the systems are so different that any comparison between the 67-year German and French 62 years is risky.Exact to the point that Valerie Pécresse also used the argument to play the controversy, noting that the retirement age without financial penalty for people without all their quarters of contribution, would be increased from 2023 in France … in 67 years.

These subtleties have also pushed Martine Aubry to say that the Prime Minister does "not know the subject" and "has a problem with the actual figures." What afoul of Xavier Bertrand: "She would have done better to remain silent. If there is one subject on which the PS has done nothing, other reports and reports of decisions, it's pensions, "responded the Minister of Labour.

Player Figaro BFM