One week after the personnel of Air France, the SNCF rail workers are also being on strike. Under the impetus of the railway section of the European Federation of Transport Workers (ETF), the CGT, UNSA, the CFDT and CFTC began Monday evening at 20h a protest movement that will end at 8 am Wednesday morning.
Consequence: the traffic is slightly disrupted Tuesday. The TGV normally roll axis except Atlantic routes, where seven out of 10 will be provided. For Transiliens – Paris commuter trains – three out of four trains roll on average during peak hours. As for the TER (regional trains), they are also three sets of four that will work.
The situation was complicated, however, on Tuesday morning in the Paris area RER B cash advance. Surla The RATP staff working on this line have invoked their right to withdraw following the discovery of asbestos on some trains.The traffic of this line is very upset: no train run from the Gare du Nord and Saint-Rémy-lès-Chevreuse (Yvelines) between 10:30 and 16:00, and only two on a train run between 7am and 9am and from 16h .
On the other RER lines operated by the SNCF, the traffic is normal on lines A and E. Two out of three trains running on lines B and C, while 7 out of 10 trains run on the line D.
A journey of two will also be provided on average for the Intercity day, with normal traffic on the routes Paris-Clermont-Ferrand, Paris-Limoges-Toulouse and Paris-Amiens-Boulogne.
Site managers have the smile of memory. While attendance at places recalling the two world wars is rising, the events will be even more gratifying. In 2014 will indeed be celebrating the centenary of the beginning of the First World War. A great event that is expected to attract many visitors, French and foreign.
A study Trump France on the economic weight of this sector, 56% of managers has provided for very short-term investments to enlarge the reception area, improve the scenery of the place, upgrading showrooms or implement new services such as mobile applications.At the Douaumont ossuary, in Lorraine, where a cemetery pays tribute to fallen victims of the Battle of Verdun, the projects are already defined: "We expect the complete renovation of the monument which will be subsidized by the state, region and department. New exhibits will also be installed, "said one official.
The Museum of the Great War in Peronne, efforts will focus on the renovation media: "we will launch the iPhone and Android affecting up to visitors. They will be more useful in 2014 when more people will be equipped smartphones, "said Karine Loison, Cultural Attaché of the museum. "These are important tools to enhance exhibitions, highlighting items that we keep in reserve, which allows video recording, interactive courses for children," she adds.Other changes to the program, including signage and the replacement of audio-guides "a little tired," will be detailed to the public on the museum site in September. "We must prepare for this year 2014 will be very important," said Karine Loison.
"Hang the young"
More massive investments will even give rise to new infrastructure. Among the flagship projects include the opening and in the country of Meaux (Seine-et-Marne) Museum of the Great War of 7000 square meters, which will use the latest technology no teletrek payday advance. It was inaugurated on 11 November. "It's both a museum of history and society, to help understand the contemporary world," said the mayor of Meaux, Jean-Francois Cope, at the First Assembly of remembrance tourism held in Senate in May
"It should also be noted that France has the remains important in its territory that must develop, enhance," says Joseph Zimet, deputy director of the memory of the heritage and archives of the Ministry of Defence, which states that scarcity of witnesses is also one of the reasons why managers to invest to preserve the memory of these places. The longer term objective is clear: "hang the younger generation" a duty to remember. "The 100th anniversary will take place in the heart of the miracle of peace in Europe, to be put forward," said Daniel Percheron, President of the Regional Council of Nord / Pas-de-Calais, which emphasizes "the universal dimension" of the event.
Meanwhile, the management of memory and heritage archives of the Ministry of Defence hopes to establish a tourism observatory memory and perpetuate the appointment of foundation organized around its players. The next will be held in Lille in 2013.
SEE:
"The site interdepartmental www.cheminsdememoire.gouv.fr, which lists all the important memorial sites in France.
"The video presentation produced by the Ministry of Defence and projected opening of the Assembly of Tourism Memory:
On the paths of Memory: MEMORY FOUNDATIONS OF TOURISM davbon99 from on Vimeo.
Cyprus is on the brink both economically and politically. Many speculate that the country, which joined the euro in 2008 to become the fourth of the area to apply for financial support.
The situation worsened with the explosion on July 11 last of a shipment of arms on a naval base. The tragedy left 13 dead and destroyed the main power plant on the island that produced 60% of its electricity. Since the disaster, Cyprus is facing a government crisis. Daily demonstrations demanding the resignation of President Demetris Christofias. To calm discontent, the latter requested the July 28 resignation of the government to conduct a reshuffle.
In addition, the economy ends up weaker than ever. The rating agency Moody's has revised its forecast for GDP growth of 1.5% this year and 2.5% in 2012 down after the explosion.It provides stability in 2011 and a 1% growth in 2012. In addition to the cost of rebuilding the plant and import of electricity in the interval – valued at over one billion euros – daily cuts disrupt an economy already weakened by the crisis. As a result, Standard & Poor's and Moody's both lowered the rating last week in Cyprus due to budgetary concerns of the country.
The banks are the Achilles heel of the Cypriots. Bank of Cyprus, the largest financial institution on the island, called earlier this week the government in Nicosia to take prompt action to prevent the country does need a financial rescue plan. "Unless we act, we risk the ability of the state to refinance and the consequences will be immediate and serious," the bank said in a statement.
The deficit is widening
Especially since the official debt of Cyprus – which is about 61% of GDP – may actually be higher according to some experts. End of 2010, the agency Stock Watch estimates that the debt was around Cyprus 105% of GDP, if we include the debt of social security funds. Enough to feed all the speculation? The spokesman of the Commissioner of Financial Services, Chantal Hughes said Tuesday he was "no question of an assistance plan" because the country is "determined to do what is necessary in terms of fiscal consolidation" . However, the deficit in the first half widened sharply, reaching 3.5% of GDP against 1.9% a year earlier.
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The higher the debt crisis is intensifying and European gold is getting stronger. The metal price has risen late Thursday at a new record of 1594.45 dollars approaching the threshold of 1600 dollars per ounce, still supported by concerns about the debt crisis in the euro zone and the renewed nervousness around indebtedness of the United States. The metal is "overbought in a configuration that is generally followed by a phase correction with profit taking," said Alexandre Taurand, market analyst at XTB France.
Since early July, the Yellow Gold has gained nearly 60 dollars and grew by more than 2% in five days. A craze that is also explained by its role as a refuge for investors wishing to protect themselves against currency volatility, turbulence government bonds and inflation pressures persist.Since the beginning of the month, the disturbing news in the euro area accumulates. Standard & Poor's warned that a draft agreement between Greece and private creditors would be equivalent to a default under its criteria. On Tuesday, the working group to find a solution to save the country from bankruptcy said he did not exclude a more "partial failure" Greek. Moody's lowered the rating of Portugal and the eyes are now to Italy and Spain where the rates of bonds soaring.
Investors are not convinced by the ads of European finance ministers that provide control to prevent contagion. The latter said they were willing to increase the size of the Fund for financial help. They are also considering a "lengthening of maturities of loans" made to give more time to countries in difficulty to repay their debt. But nothing works.Tuesday again, plummeting stock markets in Europe reflected a continuing concern.
All eyes turned to Italy
"Unlike money, which is currently trading on the area of 35.50 dollars an ounce and is a turning point towards lower, gold is playing its role as a refuge and is one of few underlying advantage of the situation, "says Alexandre Taurand.
In his view, two scenarios are emerging now for the precious metal, "If the price settles above the area of 1547.11 dollars, then maybe we would pause in the middle before a new upward impulse to try re-cross the area of 1557 dollars per ounce. In the event that the price of gold were to fall below the 1545 dollars, then we would have a target level of support for 1541 dollars, "said he.But can not decide yet, "there are a lot of uncertainty. Investors are focused on the Italian austerity plan (on which Parliament must decide by by the summer break, ed.) They also monitor the situation in the United States with the vote on the debt ceiling to be held by 2 August. "
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Tuesday, July 12 at 20:45, Stéphane Rotenberg will kick off a "Dinner almost perfect: the best team in France." "This is a series of bonuses for daily works so well, says the leader. We combine the two best candidates to represent their city. This sometimes creates dissension or complementarities. They are fans so it's very far from "Top Chef", but represent his city, this is not the same issue as to represent himself. "
Usually released in late afternoon, the program is available in the evening for the third consecutive year. In 2010, the "Battle of the regions" had attracted an average 2.9 million viewers and 13.2% audience share With the second part of the evening between the candidates for known chefs, who rise up to 40 % market share. "The goal is to repeat the same … if you can!" Smiled the host.In a TV landscape shaken by the appearance of TNT, the erosion of audience is indeed the common lot of most programs. And "Beijing Express", the sixth season ended on July 6 M6 and also presents Stéphane Rotenberg, is no exception to the rule. On average, 2.7 million of the faithful have watched the program this year, 12.7% audience share. "Only 3% of the point of hearing in less than two years ago," Beijing Express "is one of the programs that have best resisted, supports the presenter of the program launched in 2005. With three million members and 14% market share for the final, it is also not very far from our scores there are two or three years, when there were six major channels. And at the candidates, the enthusiasm is still there, since we have already received 20,000 applications for next season. "What convinced the chain of command a new season, and allow the facilitator to reflect on the development of the program. "But we do not revolutionize the program, he says. The challenge is to be creative to surprise, while reducing the budget. "
Starting Agathe LeCaron Top Chef
The show, produced by Studio 89, sometimes receives support from Red Mountain, the production company that Stéphane Rotenberg created in 2006. This example has co-produced the second part of the evening of the show ("Peking Express, The Adventure Continues"). "I know the fragility of the trade facilitator," concedes one that started as a journalist, "so I always wanted to have a second business, behind the camera yesterday and today as a producer." Red Mountain has also produced for the TNT (NRJ12, W9).Thirty-six issues of "Fast Club" were commissioned by the subsidiary of M6 for next season and new episodes of "Convoys to the extreme." With 5% audience share on average and regular spikes in excess of one million viewers, the show imported from England is among the highest ratings of the channel, and TNT. This year, Stéphane Rotenberg has also produced a dozen documentaries for 80 minutes NRJ 12, and is confident about new collaborations. "Working for TNT is not exceptionally profitable, says the producer. What is certain is that the host earns a living as best production company. " Then he nuance: "In the past, producing for TNT was the limit of volunteering. Today, these channels give more and more money because they have more public. They are more ambitious. "
A third season of the program of culinary competition "Top Chef" is on track, despite a question mark on it to replace LeCaron Agathe, the co-presenter of the show which will leave for France 5 in September. "That destabilizes a large chain programs, but we'll find. Moreover, even if there is real competition with "Masterchef" on TF1, I think it is now regarded more as a leader in this field. "
The record turns Greek puzzles. In Brussels on Tuesday, finance ministers of the Eurogroup have once again gathered to discuss a new rescue plan, with the stumbling block of how to involve private creditors.
The coming days ahead crucial step after the meeting convened in emergency Tuesday night. The future plan for assistance must be discussed Monday during a Eurogroup long planned – this one – in the context of the EU summit on 23 and 24 JuneMeanwhile, Nicolas Sarkozy and Angela Merkel should also mention the issue in Berlin on Friday.
Crushed by the weight of a huge debt of 350 billion euros, Athens has already obtained a loan of 110 billion last year, and creditors are preparing to give a hand to the pocket extension could be around 90 billion euros, according to figures frequently mentioned.
Reactions conservative banks
"The German government is ready to take additional measures," said Tuesday the German finance minister, Wolfgang Schäuble, while holding that "of course" private sector participation was "an element" of any additional program.His Dutch counterpart, Jan Kees de Jager, for his part felt that the private sector should shoulder more than 30% of a new assistance plan.
But the European Commission, the ECB and France in particular, warn against any commitments forced march of banks and other pension funds, which could have a destabilizing effect on markets. "We are against the involvement other than a voluntary private creditors," was repeated before MEPs Mario Draghi, who should succeed Jean-Claude Trichet in November.
For its part, the Commissioner of Economic Affairs, Olli Rehn, has talked about the preparation of an "Agreement on the basis of the Vienna initiative, under which banks extend the term of their loans and do so voluntarily."For the Belgian Finance Minister Didier Reynders, "all sorts of authoritarian measures likely would include a risk for Portugal or Ireland, a risk for the euro area."
Several options are on the table. Berlin calls for an exchange of bonds, which would lengthen the debt maturity of seven years. The other track to the study is a continuation of voluntary debt maturities (rollover).
The ground is shifting, investors can quickly interpret a conscription as a step toward bankruptcy. As a warning, the rating agency Standard & Poor's downgraded three notches Monday note of Greece, to "CCC".
From the banking side, the reactions are currently cautious.The German Banking Federation Saturday approved the principle of private sector participation, without specifying the terms, while the governor of the Bank of France showed its confidence in the financial system driver (see below). French and German institutions are most at risk from international creditors.
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The Cac 40 will test its ability to safeguard the 4000 points on Tuesday. Having dropped 1.25% Monday because of the deteriorating financial situation of Greece, the Paris stock market should open up slightly. But this context of uncertainties could cause investors to be very cautious on Tuesday.
These follow closely the issue in six months in Greece amounting to 1.25 billion euros.
On the macroeconomic front, some indicators are on the program: industrial production in March in France (8.45) and import prices in April in the U.S. (1430).
Greece in big trouble, gasoline at record levels
Bank stocks could again battered on Tuesday after losing more than 2% Monday. The rating agency Standard and Poor's downgraded two notches sovereign rating of Greece.
Oil companies will still follow while gasoline prices breaking new records almost 1.55 euros on average.
BNP Paribas is expected to formalize Wednesday Pébereau departure from the presidency of the French bank at the end of the year or early 2012, and appoint in his place the current chief executive Baudoin Prot, the Financial Times.The latter should be replaced by Jean-Laurent Bonnafé, deputy CEO of the group.
JCDecaux has significantly exceeded its target on the first three months of 2011 by signing a growth of 7.8% of its turnover but it is more cautious for the current quarter assuming an increase of about 4%.
Safran and Thales should arrive this summer with a tentative agreement on an exchange of assets in the defense wanted by the government, as the chief representative of arming Laurent Collet-Billon, in an interview Tuesday at Les Echos.
Sales and general meetings in the program
The IT services company Atos Origin said Tuesday sales down 1.3% in the first quarter 2011 to 1.22 billion euros.For the first half, the group seeks an operating margin up 50 basis points, compared to 6% for the first half of 2010.
The investment company Eurazeo in the first quarter revenues stable at 866.8 million euros, but up 5.9% in not taking into account the base effect associated with adverse chain of budget hotels B & B Hotels, sold in 2010.
The turnover in the first quarter of Medica and Noble Age will be known before the opening of trading. And those of Maurel et Prom, Nexity, Ruby, Alten, Assystem, Devoteam and Eutelsat (third quarter), after market close.
Note that the general meetings of ArcelorMittal, Lagardere and Havas will be held Tuesday.
A symbol of French fashion has changed hands. After several weeks of discussions, the sale of the Jean Paul Gaultier to the Spanish group Puig was confirmed Tuesday. Perfume specialist, this quiet family business Catalan is not a novice in fashion. It owns the brands Nina Ricci, Paco Rabanne and Carolina Herrera, she manages the business of ready-to-wear and fragrances operates. Moreover, this expert also manufactures and distributes toilet waters claws Prada, Comme des Garcons and Valentino. But also the general public perfumes Zara and Mango or artists Shakira and Antonio Banderas. It also manages the luxury cosmetics brand Payot and supermarkets in Spain. Puig has achieved a turnover of 1.2 billion euros last year, and net profit of 130 million euros.
To get your hands on the former troublemaker of French fashion, he spends about 100 million euros, 60 million to take over 45% of Hermes Jean Paul Gaultier. This is a book profit of EUR 30 million for Hermes. The designer, advised by the bank Aforge Finance, Puig also sells 10% of its shares, thus assigning to the control of his home, he agrees to be diluted to 45% of capital.
He remains master of the creation and image. " The remaining investment will be devoted to a development plan by Jean Paul Gaultier, especially in the accessories and distribution in Asia payday loans with no fax.
Manna fragrances
Other candidates were interested in the brand, which PPR (which owns Gucci) and perfumer Coty (Chloe, Balenciaga), who quickly closed the case. Inter Parfums (Burberry, Lanvin) was launched in the race without much conviction.At the finish, Puig has eclipsed the joint project presented by the Chinese group Fung, who has just bought Cerruti and Robert Clergerie, and Japan's Shiseido. The latter, through its subsidiary Parisian Beauty Prestige International, is behind the success of Jean Paul Gaultier fragrances, which are the real gem of the house.
If fashion and haute couture have made 26 million euros in turnover last year, with a slight loss, fragrances, with several bestsellers, representing several hundred million euros in turnover business very profitable. This is manna for the moment at Shiseido, until his contract expired in 2016, when Puig likely want to see it reach its other lines. Among them, Paco Rabanne has become a cash machine. Perfumes represent 83% of revenues Puig.
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Enters the digital manners but the paper remains a mainstay for news readers. Over the last three months, 42% of them have downloaded or streamed digital press on websites, against 58% who did not plunge, according to the third barometer REC conducted by the institute GfK France. In digital players, 53% of their time is devoted to digital media, against 47% in the paper.
"These numbers are slow to change, says Philip Person, entertainment director at GfK. But not all news readers are gradually converting to the new media, much faster than readers of books, which are only 10% download e-books. "In terms of intentions, 47% of respondents plan to upload or to consult the digital press in the past three months. 22% consider applications via mobile phones or tablets.
The changeover is very real, but it is far from total. Only 11% of those who download or access the online press no longer use paper. Complementarity emerges among the clipboard and digital press. But she has yet to fix, as offers of pay information online will require changes in behavior.
Dailies favored
The news broadcast by the general news sites attracted 6.6 million daily users, according to the statement Médiamétrie in March. In their research online, 79% of readers prefer digital sites of national newspapers (Le Figaro, Le Monde …), far ahead of those of the regional daily press (Ouest France …) and news magazines (L'Express, Le Point …). Normally, they are the ones that produce the largest share of the supply of online content."The information is very diverse, both in terms of themes that treatment modes, flash and gross factual background folder, via blogs, etc.." Noted Jean-Marie Charon and Patrick Le Floch, authors of The Press online. "In times of hot news, as during the events of recent times in Japan or in Arab countries, people need to know what is happening and quickly," says Philip Person. The Internet has become a tool to meet this demand. "
U.S. equity markets continued their advance on Thursday. Driven by new results above expectations, the Dow Jones gained 0.15% to 12,470.23 points, the Nasdaq rose 0.46% to 2815.33 points and the S & P 500 advance from 0.41% to 1335.86 points. Last night, Wall Street has ended the highest in almost three years, driven primarily by technology stocks after a new burst of better than expected results in the area.
This morning the Asian market also finished in the green. The Nikkei rose 0.82% especially at 9685 points. The OECD has released its updated forecast on the Japanese economy after the earthquake that devastated parts of the archipelago.The organization believes that after an increase of sound, gross domestic product by 3.9% in 2010, Japan will only show 0.8% growth this year and 2.3% in 2012.
The dollar still s'affablit
On the foreign exchange market, the euro climbed against the dollar ever. In early afternoon in Paris, the euro bought 1.4573 dollars against 1.4521 dollars late Wednesday. The greenback lost ground against all major currencies amid renewed optimism in financial markets.
Oil prices were progressing on Thursday at the market opening in New York, a barrel of benchmark rose 21 cents to 111.66 dollars, still worn by a weak dollar but limited by a disappointing indicator on employment in the U.S. .
On the macroeconomic front, new jobless claims fell for the second week of April at 403,000 according to figures released by the Labor Department.Analysts had forecast a return below the bar of 400,000 to 390,000 exactly.
At 16 hours, the composite indicator of economic activity will be unveiled in March, and the index of activity in the Philadelphia area in April, traditionally a leading indicator of economic conditions in the United States.
Apple in its sights
Apple: 2.97% to 352.59 dollars
Apple has posted a net profit almost doubled (+95% to 5.99 billion euros) and well above expectations for the second quarter of fiscal offset, worn by the continued success of iPhones.The sales increased for its 83%.
Schlumberger: 3.08% to 90.60 dollars
In the oil sector, the services group Schlumberger has seen its net profit jumped 40% in the first quarter to 944 million, without return to its previous quarter and meet market expectations because of bad weather and tensions in the Middle East.
Qualcomm: 3.55% to 57.23 dollars
The chip maker Qualcomm for mobile ad a profit of 999 million dollars in the first quarter, also well above analysts' expectations.The turnover of 3.9 billion also exceeded expectations.
BP: 0.69% to 46.23 dollars
The British oil company BP, which is listed on Wall Street announced Thursday that it filed a complaint with the U.S. against the American company Halliburton, accusing him of having contributed to the oil spill in the Gulf of Mexico, more prosecutions launched against Transocean and Cameron International. According to various analysts BP would claim $ 40 billion in specialist offshore oil drilling
American Express: -1.19% to 46.44 dollars
Large U.S. banks have significantly improved their performance, but mainly due to reversals, as shown by figures published yesterday by American Express and Wells Fargo. The financial services group announced a 33% increase in profits to 1.2 billion.Turnover was up 7% to $ 7 billion.
Wells Fargo: -0.54% to 28.68 dollars
The U.S. bank has issued a profit "record" for the first quarter, up 51% over a year and better than expected thanks to a drop in provisions for credit losses. In contrast, the turnover reached 20.3 billion, down 6% year on year, due to a decline in revenue "from the mortgage and interest rates."
Yum! Brands: 6.48% to 54.89 dollars
Also after the close-food chain Yum! Brands (Pizza Hut, KFC, Taco Bell) announced an increase of 10% of its profit to 264 million.The group benefits from the strong growth of the Chinese economy but the U.S. market remains difficult.
NYSE Euronext: 0.51% to 39.28 dollars
Also note, the Director General of the transatlantic exchange operator NYSE Euronext, Duncan Niederauer, has defended its proposed merger with Deutsche Börse, the finding most relevant to the strategic plan a takeover by Nasdaq and the ICE documentation he said decommissioning.
McDonald's: -1.90% to 76.91 dollars
The fast food giant McDonald's on Thursday posted a net profit of $ 1.2 billion for the first quarter, up 11% year on year, while analysts had forecast a profit of 1.19 billion.The group's turnover amounted to 6.1 billion, up 9% year on year (7% excluding currency effect) and slightly higher than the projected $ 6.0 billion on average by analysts.
Travelers: 2.99% to 60.90 dollars
The insurance company Travelers U.S. net earnings up sharply (+29%) in the first quarter to 839 million, above expectations in favor of increased investment income.
Blackrock: 1.06% to 195.78 dollars
The first asset manager worldwide, BlackRock, did better than expected by the markets during the first quarter with a jump of 34% (yoy) in net profit to 568 million, without repeat performance of the previous quarter.
Dupont: -0.38% to $ 23.50
The U.S. chemical group DuPont, who tried to seize the Danish manufacturer of food additives Danisco, saw its profit rise to 1.43 billion dollars against 1.13 billion a year earlier. Thomson Reuters gave consensus earnings per share of $ 1.36. Turnover grew 18% to 10 billion dollars for a consensus of 9.19 billion.
General Electric: -1.64% to 20.05 dollars
The U.S. conglomerate General Electric on Thursday posted a net profit after minority interests up 80% to $ 3.36 billion for the first quarter (consensus $ 2.8 billion).Turnover was up 6% to 38.45 billion dollars, as investors had expected a 5% reflux.
Morgan Stanley: 3.38% to 26.92 dollars
The U.S. investment bank Morgan Stanley on Thursday posted a net profit after minority interests fell sharply by 48% YoY to 736 million. Turnover declined by 16% year on year to 7.6 billion over the first three months of the year, below analysts' forecasts which averaged $ 7.9 billion.
Verizon: -1.98% to 37.04 dollars
The U.S. telephone company Verizon on Thursday issued a profit, group share more than tripled in the first quarter and just above expectations of 1.44 billion.Turnover rose by 0.3% to 26.99 billion dollars, while the market expected a decline of 0.1%.
United Continental: -1.47% to 20.72 dollars
The U.S. airline Continental United has cut its net loss in the first quarter to 213 million, but that came out below expectations of Wall Street and who was accompanied by an increase in turnover and better than expected.
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