The U.S. stock markets are reluctant. On Tuesday, the Dow Jones lost 0.24% to 11,034 points while the Nasdaq climbed 0.33% to 2503 points and the S & P 500 gained 0.09% to 1162 points.
On Monday, the New York Stock Exchange ended in the green while Rome had asked China to buy the Italian debt. The salvation of the euro area could therefore eventually come from China. Forced to borrow at prohibitive rates Monday morning, Rome had in fact asked Beijing to make significant repurchases of its sovereign debt, reports the Financial Times. A member of the Italian government confirmed on Monday the existence of discussions with the Middle Kingdom on potential investments in Beijing in the third largest economy in the euro area.But this morning, market rumors suggest that Beijing is not finally ready to buy Italian bonds, taking again the indices into the red in Europe.
Faced with these contradictory information, caution remains appropriate today. In addition, U.S. carriers, such as Europe and Asia, remain very concerned about Greece. They fear it will not be able to meet these budget commitments, which threaten to bankrupt the country and aggravate the crisis in Europe. An output of the euro in Greece is also now considered by many economists.
This morning Jean-Pierre Jouyet, chairman of the Financial Markets Authority (AMF), said on iTV that Greece may have to undergo further restructuring of its debt than expected.German side, Angela Merkel is trying to catch up about his Economy Minister Philipp Rösler, who spoke Monday the event of a default of Athens. In a radio interview BBB, the Chancellor found it necessary to "avoid any uncontrolled process in the euro area."
The United States involved in resolving the crisis in the eurozone
The United States also stressed that they became involved in resolving the crisis in the eurozone, as the Treasury secretary, Timothy Geithner will participate Friday in the meeting of Ministers of Economy and Finance Union European Poland.
On the foreign exchange market, the euro was down slightly Tuesday against the dollar and the yen on Monday after falling $ 1.35 for the first time since February and the lowest for 10 years against the yen, and the voltage was strong, the markets fear more a possible failure of Greece no teletrek payday advance.Around 11 am, the European currency was worth 1.3608 dollars against 1.3624 dollars.
As for oil prices, they were mixed, helped by a relative weakening of the dollar-weighted but the latest projections of OPEC anticipates a lower than expected growth in demand for crude because of the nervousness of the markets. In early electronic trading, a barrel of "light sweet crude" gave himself 80 cents to 88.99 dollars a barrel while Brent North Sea, more sensitive to economic conditions in Europe, gave 52 cents to 112 , $ 25.
On the macroeconomic front, investors will monitor including import prices to be unveiled in late afternoon.
Samsung attack Apple
The side of values, Hewlett-Packard announced on Tuesday that 41.62% of the shareholders of Autonomy British had supported his bid.The U.S. group also announced it was extending its offer until Oct. 3.
The giant South Korean electronics Samsung Electronics filed a complaint in France against its U.S. rival Apple for a litigation involving three patents relating to UMTS technology. "The complaint focuses on three technology patents, and not the design of the shelves," as was the case during a recent trial in Germany, said a spokesman for Samsung.
Rating agencies could worsen them.Moody's has indeed said yesterday that it planned to degrade the note by the McGraw-Hill, who announced his intention to focus on competing rating agency Standard and Poor's division after educational activities.
For his part Nordson Corp. announced yesterday after the close had authorized a share repurchase program of $ 100 million.
Note also the U.S. internet group AOL has appointed a new editor for TechCrunch, the site of information on technologies he had bought in September 2010, after 10 days of controversy over the fate of the former owner, Michael Arrington . The new editor is Erick Schonfeld, Associate Editor edited by Michael Arrington. AOL announced that Michael Arrington, founder of the site, decided to leave TechCrunch and AOL to devote to investment funds that it recently launched.
The new tone decidedly anti-jargon adopted by South Radio when he arrived in Paris on the air is controversial. The High Council of Audiovisual (CSA) has remained the station for anti-Semitic statements in the release of Michel and Eric Mazet Cardoze 16 hours to 18 hours. Eric Mazet was laid off by the radio. Robert Ménard, who hosts the morning show with a phone-called "free-Ménard," is also under fire because the auditors have made racist remarks on his show. How far can we go with freedom of expression? "That's the difficulty. Simply South Radio does not do the same as the others. If today half the French do not trust the media because they feel that journalists are cut off from them. This is a problem of democracy.How to talk about people, their worries, their fears, even if they are poorly made, do not pass in the media, "said he. Should we let freedom provided to foul words? Racist and antisemitic fall under criminal law. "That is why in my show, I immediately put a stop saying we will not see it at home. Eric Mazet made a stupid, clumsy as it did not have the right spread. But that does not mean an anti-Semite. The challenge of Sud Radio, is not to repeat what all the major radio stations, that is to say information among themselves. You know, to combat racism and antisemitism, there is the French method is to prohibit all about. But another method is practiced by other democratic countries like the United States with the First Amendment.It is to say, we will give expression to views reprehensible, and, opposite, there are journalists who disagree with this statement. But I want to meet up to walk to these comments. The problem is that France, when you do this, it is pointed to by all sorts of associations "
After the notice of the CSA, Sud Radio Will it continue these programs free antenna or correct it? "We will continue to freedom of expression and we will enforce the law as I am working every morning easy payday loans. The CSA was entered on August 17 with a complaint about anti-Semitic words classified as Jean-Michel Larqué (on RMC, ed.) I do not feel that the CSA has already studied the issue. But with South Radio, 48 hours, it was folded. There are two weights, two measures. There are three of the band: RMC, Europe 1 and RTL that can be abstracted from the law, and small as Radio South who are beaten up.I think we should change the stupid laws in France that does not solve the problems of racism and antisemitism. For 25 years I say. In France, freedom of the press is corseted by laws unnecessary. "
The model of Robert Ménard is it the Fox News? "In the U.S., radio is a thousand times freer because it does not have this problem of law. In South Radio, we tried to invent something. "
With his arrival in Paris, Sud Radio plays big economically. That's why the station has taken as many risks. But if it increases the skids, the CSA may punish by removing the frequency Paris. Moreover, the allocation of this frequency has been challenged by RMC, Europe 1 and RTL. "It's been 25 years that I defend freedom of expression. I paid professionally. With RTL, this is wrong.I went on Sud Radio because it gave me a freedom that I have anywhere else. If this changes, I will not stay. I think, even if it bothers you, what is done in South Radio is a work of public safety. Finally, we give voice to the people. It serves no purpose to prohibit, we must fight. This is what I do every morning, telling listeners: this is not acceptable but I'll answer. "
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After three sessions of consecutive increases, optimism fell Thursday on Wall Street. Markets remain nervous before surgery, eagerly awaited Friday afternoon, the President of the U.S. central bank (Fed), Ben Bernanke. The Dow Jones gives 1.52% to 11,148.84 points, the S & P-500, wider, lost 1.56% to 1159.27 points. The Nasdaq Composite was down on his side from 1.95% to 2419.63 points.
The weekly jobless claims rose unexpectedly during the week of Aug. 20, at 417,000 against 412,000 the previous week, according to data from U.S. Department of Labor unveiled at 14:30. What foster uncertainty and investor concerns about the health of the world's largest economy, while analysts had forecast 405,000 registrations.
Wednesday night, orders for durable goods in the United States had rebounded in July, prompting stock markets to rise, on both sides of the Atlantic. "But the indicator of business spending showed the U.S. economy remains fragile," do, however, keep stock analysts from Barclays. In a context marked by the end of the indicators is misguided, or worse in reality than it seems, investors are clearly on their defense.
Meanwhile Jackson Hole
Especially since tomorrow is Friday that Ben Bernanke will speak from Jackson Hole on Friday in 16 hours. We will then know whether a possible third last monetary easing, on which markets have been speculation this week, will be decided. Otherwise, investors will likely welcome the continuation of low interest rates.The second estimate of U.S. GDP for the second quarter will also be unveiled.
The growth rate of the world's largest economy in the spring, which had greatly disappointed a month ago, could then be revised down 0.2 percentage point to 1.1%.
As for commodities, oil prices ended up in a small New York. A barrel of "light sweet crude" won 14 cents to 85.30 dollars.
Values of the day
The title of Apple, the Apple brand famous, lost 0.65% to 373.85 dollars after the announcement of the departure of its founder, Steve Jobs, Tim Cook replaced. The title, which had plunged by 7% in electronic trading after the close of trading, limits the breakage, while the name of Steve Jobs was closely linked to the success of the giant consumer electronics. The markets were confident in the group's ability to continue growing.August 9, the computer giant had a happy time at Exxon Mobil's first-place capitalization in the world in full trading day before falling on the second step of the podium payday loans in 1 hour.
Bank stocks, meanwhile fly, first Bank of America, which ended up 9.44% to 7.65 dollars after surging 25% in early trade. The markets welcomed the surprise announcement that Warren Buffet announced an investment of $ 5 miliard in Bank of America through his Berkshire Hathaway fund. The bank is facing many challenges including the accumulation of legal proceedings against him related to mortgages "inherited from its subsidiary Countrywide. She plans to eliminate 3,500 positions during the quarter.
JP Morgan Chase lost 0.31% to 35.72 dollars after gaining 7.2% on opening. Citigroup gained 5.10%, Wells Fargo and Morgan Stanley 1.43% 2.72%.Goldman Sachs sells 0.46%
Google (-0.62% to 520.04 dollars) on Thursday announced a new agreement with a French publisher to digitize books, this time signing a contract with La Martiniere, which is between 5,000 and 10,000 works not reprinted. Wednesday night, we learned that the search giant online had agreed to pay $ 500 million to settle a dispute related to its advertising activities in the United States.
The manufacturer of the phones Research In Motion (-1.23% to 28.22 dollars) plans to make its new models of Blackberry smartphones compatible with the application platform Android for Google, Bloomberg reported, citing sources familiar with the project.
The aviation sector also suffers from fears about Hurricane Irene threatens to hit the east coast of the United States, especially the city and the airports of New York at night from Saturday to Sunday.Yield 2.97% American Airlines, Continental United 2.91% 4.15% US Airways.
Applied Materials (-4.84% to 10.81 dollars) Wednesday reported results above expectations as part of its third quarter, but forecast judged disappointing for the last three months of its fiscal year have reduced its activities in the transactions electronic. For the current quarter, the Group expects adjusted earnings between 16 and 24 cents per share, against a Reuters consensus of 30 cents.
Big Lots (-0.62 to 32.18 dollars) Thursday raised its profit forecast for the year after having exceeded expectations in the second quarter, with earnings per share excluding items of $ 0.52. The Thomson Reuters consensus was counting on $ 0.44. The group now expects fiscal 2011 earnings per share between $ 2.90 and 2.80 (consensus: $ 2.89).
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François Hollande line breaks with the Socialist Party in the reduction of debt. The Socialist candidate for the primary aims to reduce "from 2013" the public deficit to 3%, one year before the date fixed in the official program of the Socialist Party, he said in an interview in Le Monde. It aligns well on the commitment of the Fillon government towards its European partners.
"We must rebalance our public accounts of 2013," that is to say, that date back to 3% of gross domestic product (GDP), he said. "We can not let stand the public debt at the risk of the burden of our interests in the country's first budget, which alters our room for maneuver, he said. Debt is the enemy of the left and France. "The Socialist Party has set its program a path of debt reduction more slowly, with a deficit to 3% of GDP in 2014 alone.
François Hollande joins the current objectives of Bercy. The Ministry of Finance shall reduce the deficit to 6% at end 2011 to 4.6% in late 2012 to late 2013 and 3% to 2% in late 2014. With such a policy, public debt would start to decline, according to the Government in 2013. All with a 2% growth in 2011 and 2.5% in subsequent years (the latter assumption being as optimistic by many economists).
Baroin criticizes PS
The statement by the Socialist candidate for the primary came as the euro area, particularly the Italian debt has again been targeted by the markets this week. France is so far immune to the shocks, welcomed the Minister of Economy Baroin in an interview with Le Figaro Magazine published on Saturday.The new host has de Bercy on the other hand showed severe with the socialist project: "It is irresponsible with regard to the preservation of our growth to provide a fiscal impact of an increase of 50 billion euros of taxes."
François Hollande asserts that tax reform will be his first, especially via the same scale for labor income and capital, a merger of the income tax and the CSG and the elimination of tax loopholes. "The candidate who announces that there will be no extra effort beyond 2012 will be a president who perjure themselves," he said. He also reiterated that he wanted to return to retirement at age 60 and he would vote against the golden rule, which aims to set a limit to the deficit in the constitution.
The rating agency Fitch has warned France in late May: the reforms undertaken in recent years, such as pensions, "have improved the outlook for public finances." But "further efforts will be needed to reduce the deficit to 3% of GDP in 2013, as agreed," she adds. In addition, it would be welcome, according to Fitch, that Paris set in the constitution the principle of balance of public finances and reduce its "structural rigidities".
Holland criticized the European delay
The candidate Holland is very critical of the strategies of Paris and Berlin in the rescue of the euro area. "France and Germany are missing," he Assen."Nicolas Sarkozy and Angela Merkel bear a heavy responsibility in the divorce of the Franco-German because the euro zone can only work if there is a total concordance of views between the two countries that represent over 40% of its economic power. "
France and Germany are divided on how to share the burden of the second aid package to Greece with the banking sector. Which blocks the negotiations and feeds the nervous markets. A crisis meeting to be held on Thursday between the finance ministers of the euro area. But the plan should be finally adopted in September, at the next summit between the Heads of State and Government in Europe.
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The Parliament finally approved the bill Wednesday Fourcade whose content had been aligned the day before. The text, originally filed on … October 26, retouching Bachelot law on hospital and health system (Law HPST) with a goal for the majority: to reconcile with the doctors.
It erases two measures passed two years ago and never used: the requirement for general dense areas to give a hand to their fellow country or suburban overworked, under penalty of a fine of 3000 euros per year, and the obligation to report their leave. There were two innovations in the fight against medical deserts. But Xavier Bertrand, the successor to the Health Roselyne Bachelot, has returned to the guideline that was set when he was … his predecessor: to encourage, yes, force, no.Besides these two points, the law includes various provisions, some of which have been amended, deleted and / or re-introduced.
• Transparency partial dentures
Dentists showing the origin of crowns or bridges they intend to ask the patient to know if the prosthesis was manufactured in Europe or China. Dentists will also include an estimate of the cost benefit and the sale price of the prosthesis. He freely establish this distinction: for a total of 1000 euros, it may feel that the prosthesis is 300 euros and 700 work, or that the prosthesis is 600 and delivery 400 no fax pay day loan.
Associations rather wanted to be referred to the purchase price of the prosthesis.But the dentists, who are struggling to explain their expertise and time weigh more in price than the prosthesis, and they do not just do the "somersault" on a purchase-resale, managed to avoid it.
• Mutual: care networks "open"
Mutuals were given the opportunity, already available to insurers, to better pay their members when they are aimed at professionals with whom they have contracted. Except that these care networks should be "open" all the professionals can then join.This will not change much for the professions to insufficient numbers: what a mutual interest to "deprive" doctors scarce? But in the expanding fields, practice selection is a way to bring prices down.
• Liability specialties "at risk"
A public fund is created to cover all private health professionals sentenced to damages exceeding the ceiling of their insurance should be fixed statutorily around 8 million euros. Those who have gone out of business and are not insured are also covered. Are concerned primarily surgeons, anesthesiologists and obstetricians but all professionals (doctors, physiotherapists, nurses, podiatrists …) that will have everyone contribute.
Schneider Electric's leaders have identified three growth levers: emerging markets, energy efficiency and smart grid, that is to say the smart grid. The latter two signed a necessary change of electric supplier, which can hardly grow by selling only its traditional products. With the new positioning of the group, they are made "intelligent" through software to measure and adjust the power consumption.
The acquisition of Spanish Telvent is a new step in this strategy initiated several years. Telvent is indeed a software company, which produces 34% of its activity in the energy sector.It is also present in the transport, environment and agriculture, areas which are not directly Schneider.
French group finds that the potential related to electrical "smart" makes a significant investment. Schneider indeed pay dearly for this acquisition: 1.4 billion euros, or 36% more than the average of the last three months. Telvent, who directed last year's 753 million euros in turnover and 115 million operating surplus, has been bought are 1.9 times sales, while Schneider Electric he valued 1.4 times its turnover.
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On Wednesday morning, the Cac 40 should be around equilibrium. Yesterday, the index stabilized at above 3900 points, after starting the week on a Loude loss. Concerns over European debt crisis seems to dissipate somewhat. The Netherlands and Germany are threatening to commit the privatization of the Greek economy to foreign experts, reveals leFinancial Times. A new threat which seeks to lobby the Greek government to take drastic cost-saving measures.
All eyes are turning mainly to the Economy Minister, Christine Lagarde, the favorite to succeed DSK to head the International Monetary Fund, which should give a press conference "important" to the Department late Wednesday morning.
With regard to the Icelandic volcano, France should be minimally affected, which should reassure the airline industry.
Next major economic figures to be followed today: in France, we will look particularly figures on registered unemployed and job advertisements collected by Pole in April. He officially fall to 18 hours. In Germany, the GfK barometer of consumer sentiment will be released at 8:30. United States, is expected at 14:30 durable goods orders in April, at 16.30, the weekly inventory of crude oil.
Airbus confident for Le Bourget
Side companies, consumer complaints of gas and electricity rose 25% in 2010, about problems with their energy supplier.The mediator of Energy notes that complaints from customers at 43% of GDF Suez, to 38% of EDF, 12% of Direct Energy and 4% of customers Poweo.
Airbus and its parent EADS were optimistic Tuesday on future orders at the Paris Air Show in June in a market "active."
The French group Alstom and its Chinese joint venture Casco signed two contracts worth a total of 85 million euros for the supply of signaling systems in metros of Shanghai (east) and Kunming (south) direct payday lenders.
The partner of minority shareholders (Adam) who assigned Tuesday referred the saddle for Hermes "deprive" the essential rights of family voting at the next general meeting, has been confronted with an invalid procedure and case was adjourned to July 12.Or after the meeting to be held June 30
Casino on Tuesday denied having agreed to the opening of the opening of negotiations between the Brazilian distributor GPA, which holds 35%, and Carrefour Brazil.
PPR and Volcom announced Tuesday it had received notification of the end of the statutory review period on the bid of French on the American brand.
Rexel announced Tuesday it had won its bond issue of 500 million euros, whose order book has surpassed 1.8 billion euros.
Eurazeo Tuesday announced a capital increase, offering its shareholders one new share for 20 old shares held as of May 25, 2011.
The land Gecina in 2nd place behind France in Unibail-Rodamco will continue to sell its assets in Spain and in the logistics industry, said Tuesday its chief executive Christophe Clamageran.
BioMerieux announced Tuesday that the Health Authority (FDA) had recorded rapid testing and automated molecular diagnostic NucliSENS EasyQ MRSA screening for patients infected with Staphylococcus aureus resistant to methicillin.
Europacorp publish its annual turnover, while LCD (poultry) will announce its annual results after-hours trading.
U.S. equity markets remain in the green Thursday after finished up Wednesday. At closing, the Dow Jones advance of 0.36% at 12,605 points, the Nasdaq climbed 0.30% to 2823 dollars and the S & P up 0.22% to 1344 dollars.
Bad news on housing front
On the macroeconomic front, good news came on the side of the job: the weekly jobless claims declined in the United States during the week to May 14, at 409 000 438 000 cons (revised) the previous week, said Thursday Department of Labor. Economists on average had expected 420,000 registered unemployed.
In contrast, the index of business conditions from the Federal Reserve Bank of Philadelphia came out sharply lower in May and has largely missed expectations, reaching its lowest level since October 2010. This index falls to 3.9 in May against 18.5 in April.Similarly, sales of existing homes fell against all odds in the U.S., 0.8% in April compared to March to 5.05 million units annualized, announced Thursday the National Association of Agents Real Estate (NAR). Economists polled by Reuters expecting an increase of 2% to 5.20 million
Oil, which flirted with $ 100 in early trading, fell as a result of this bad news. On the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for June delivery ended at 98.44 dollars, down 1.66 dollars compared to the previous day.
Morale is not the highest in the markets since the announcement of the coming recession in Japan. The gross domestic product (GDP) of the Archipelago fell 0.9% in first quarter 2011 compared to the previous (-3.7% annualized).This dip in economic activity is related to the earthquake and tsunami of 11 March.
Side currency, the euro rose sharply against the dollar at the dollar closed at 1.4309 dollars against 1.4236 late Wednesday.
LinkedIn flew more than 130%
Ford (-0.07% at 15.11 dollars) and Automotive Components Holdings sold their fuel tanks in Michigan at Inergy Automotive Systems.
In the same sector, General Motors (-0.25% to 31.44 dollars) has announced it intends to produce 60,000 Chevy Volt next year, or 30% more than was initially anticipated. To increase the production rate, it will first close the plant for four weeks in June.The U.S. has thus positioning itself to Nissan, which will not produce more than 20,000 Leaf its electric models in the U.S. until 2013.
Moreover, according to Bloomberg, Chrysler (pay its debt of 7.5 billion dollars in U.S. government and Canada early next week. The Italian Fiat will open the way to mount a capital of Chrysler, up 46% , against the 30% stake today.
A panel of experts advising the European Commission recommended a stricter location data recorded by mobile smartphones.Apple (+0.19% to 340.53 dollars) and Google (+0.27% to 531.25 dollars) are on the front line.
Limited Brands (-3.89% to 40.80 dollars) posted earnings per share (EPS) in the first quarter against $ 0.4 $ 0.39 $ 0.25 and waited a year earlier, and that a turnover of 2.2 billion, up 14.8%. For the current quarter, the group expects an EPS of 0.38 to $ 0.43 against $ 0.36 last year.
Also note, the SEC, Constable American markets, has opened an investigation into possible failures of computers on several stock exchanges, the Financial Times. U.S. markets Constable believes that internal controls are inadequate in many operators, including Nasdaq.This type of failure could be the cause of Krack flash occurred on Wall Street in May 2010.
Furthermore, the professional network LinkedIn (108.20% to 93.80 dollars) managed his first steps on the Exchange. In a statement, the company stated that it had placed 7.84 million shares at a price of 45 dollars, while it provided a range between 42 and 45 dollars. These total $ 352.8 million. In detail, 4.828 million shares were sold by the company, which raises and $ 217 million, while existing shareholders have sold a little over 3 million titles.
Starting this week, the French will receive in their mailbox the usual blue print from the tax: the tax return. The Department of Budget commences in fact its shipments to 36 million homes Tuesday and completes tax May 4
This time he is to declare the income year 2010, revenues will be used to calculate the income tax (IR) paid in 2011. Households that still use the paper return will have until May 30 at midnight to do their job.Those who declare on Internet impots.gouv.fr – it will be possible from April 26 – as usual will have additional time: until June 9 to midnight for departments numbered 1-19, until 16 June for those numbered 20-49 and until 23 June for those numbered 50-974.
This year, Bercy has further simplified the statement by the Internet, increasing the number of pre-filled boxes (which are already numerous, both on the Web than on paper)."The information télédéclarées the previous year as the full names of children or the details of actual costs will préaffichées on the Web," says one of the department budget.
Monthly modular
Also new, having declared online and conducted a simulation of their tax liability, taxpayers will be able to adjust their monthly payment.
Bercy hopes to convert a few more taxpayers to the Web. "We went from 3.5 million in 2005 to more remote declarations from 10 million last year, welcomed yesterday Baroin. The Minister also took the opportunity to highlight the involvement of the Directorate General of Public Finance (DGFIP) Authority of calculating and collecting taxes. "25,000 workers were mobilized to accompany the French this year," he said.In 2010, officials of the DGF Live IP helped 4.7 million people to make their statements and answered 3.1 million calls. The game is worth it: the IR reported to the state 47 billion euros in 2010.
Final point: the explanatory statement attached to said that tax loopholes are now capped at EUR 20 000 plus 8% on income and capital gains from sale of stocks and bonds are subject to payroll taxes at 1 first euro transfer.
Education, taxation, health, industrial policy … Thirteen months before the presidential election, the Socialist Party this Tuesday its vision of society "to redress France," with twenty proposals headlights. Through this appointment, Martine Aubry hopes to convince and reap the fruits of two years work.
Among the measures already unveiled: 300,000 jobs financed by the future maintenance of the wealth tax (ISF) or removal of the exemption from overtime, public investment bank to help small, independent pathways for young people, equal pay for men and women in 5 years. The project, which also summarizes the proposals made during the four Conventions in 2010, also plans to cap salaries of bosses of companies where the state is now, according to the JDD, which Sunday unveiled an outline of the project .
"It's a social project for France, a coherence of what we did for two and a half years," argued recently Martine Aubry a few journalists. "It is a text that speaks to the French, the entire left, all those waiting for change. It is an innovative text on the bottom and form ", she also confided to a friend.
The last stroke of the pen will be given Monday's Political Council, which brings together the top leaders of the Socialist Party, the National Office before extraordinary convened Tuesday at 9 o'clock.The text will then be debated and adopted by the National Council on Saturday voted by militants on May 19 and adopted in National Convention on May 28
"A form of foot-cons to the policy of Sarkozy"
"For the first time since 1981 that so much time is spent by people very different to prepare for the presidential project", says one of its instigators, the member Christian Paul, referring to intellectuals, researchers, trade unionists have returned to the Socialists. "In 2002 and 2007, we lost the default project company entered into a national narrative," adds the reporter William Bachelay text for which the "French reality today is marked by the decommissioning and the obsession to win a context of globalization. "The project will be "well left" and "modern", according to Christian Paul, "cleaves" in relation to the right, the Justice Party spokesman Benoit Hamon, and a "form of foot-cons to the policy of Sarkozy" , Michel Sapin.
This project has three main components: "the recovery of France, his weight and his voice in the world, building a just society and a society of respect and rapport, and the reflections on and justice institutions and ways of participatory democracy.
The project has also two documents: a "of about thirty pages," and another "more detailed". In total some 80 pages. The text should be a broad membership management believes that prides itself on having all the sensitivities associated with the party. For Benoît Hamon, the socialist project, "obviously, urges all candidates" competing in the primary.Its adoption is also an important step Martine Aubry since taking power in 2008 and before the presidential primary guaranteed pay day loans. A membership will strengthen the broad after the success of the PS to Canton.Remains whether it will convince the French, previously unresponsive, according to surveys, offer alternative represented by the PS.
The main proposals of the Socialist Party:
• Employment / Youth:
– Create 300.000 jobs for the future, new version of youth employment, "to set foot in the door to young people, to reassure families, restore confidence and revive the economy," in the fields of social and environmental innovation;
– Limit the precarious "by removing exemptions from fees companies abusing the CSD and the interim;
– Supervise training "while in school so they are paid properly and avoided after, so they do not replace the real contracts of employment";
– "The journey of autonomy 'for trainees with an allocation of study-tested;
– Establish equal pay between women and men in five years.
• Education:
– Reconciliation of colleges and universities to "better synergies."
• Companies:
– Create a "public investment bank, combining the resources of the Deposit and Consignment, OSEO, the Strategic Investment Fund and the postal bank, declined in regional funds to finance innovative SMEs and make interests to structure future courses;
– Modulate the corporate tax based on the reinvestment of profits. The company that reinvests its profits in full will have their rate of corporation tax reduced from 33% to 20%. Neutral measure for the state budget, because the SP will report up to 40% tax rate for companies preferring to distribute their profits as dividends to shareholders.
• Discrimination:
– Anonymous CVs for the kid who is struggling to find an internship or a job;
– Remember that identity checks are governed by the law.Saturday, Martine Aubry spoke inspection certificate of identity for the young victim of discrimination is no longer monitored ten times a day by the police.
• Health:
– Incentives for young doctors to settle for two or three years in the countryside or in poor neighborhoods to fight against the medical deserts.
• Housing:
– How "massive" construction of 150,000 housing units per year;
– Supervise the rents to the relocation of private park and reduce the cost of housing.
• Taxation:
– Fusion Income-CSG to create a large progressive tax deducted at source;
– Limitation of pay gaps of 1 to 20 in companies in which the state has an interest (EDF, Areva ..).
• Energy:
– New energy mix of catching up with development of renewable energy out of everything from oil and nuclear in 30 or 40 years.
• Utilities:
– Recruitment of gendarmes and police officers (10,000 in five years), magistrates and court clerks.
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