The ministers of the euro seems to have learned anything from their Italian counterpart Giulio Tremonti, who came to Brussels to plead the cause of a Berlusconi government now condemned. "Markets drink the cup for a week, but Rome means the same song," laments a spokesman. Italy, in turn, "enters the vicious circle", continues a senior official.On another front to defend the euro, the EFSF has faced 104 basis points above the rate paid on its debt (3.59%) to place its 3 billion euros of bonds. The bailout fund retains its AAA, but it seems already sealed by the ball Italian. "The cordon sanitaire erected around Greece is showing signs of collapse, 'says a senior official.

Specter of a meltdown

The establishment of the famous "firewall", arrested Oct. 26 at the top of the euro, was precisely the issue of the appointment of the Eurogroup in Brussels. After the political decision, it remains to fill the coffers of the EFSF new way: European budgets are already in the grip and large foreign investors reluctant to buy its bonds in an atmosphere poisoned by the specter of a collapse in Italy.

Prime Minister of the Guide, he was the architect of the return of Libya in the comity of nations before being dismissed in 2006. He had the good sense to defect in May, and moved between Vienna (OPEC headquarters where he has long represented his country) and London.It was at Vienna that Chokri Ghanem was the guardian of one of Gaddafi son, Seif al-Islam, which was regarded as before the rebellion, modernization.

With this pedigree, the diagnosis of Ghanem on the prospects for black gold in Libya was carefully listened to by the cream together oil on the edge of Hyde Park. He said Libya will not return to its level of production before the war (about 1.6 million barrels per day) prior to eighteen months while the production may rise to 350,000 barrels a day currently to 500,000 in the coming weeks .

Workers protest

More than massive destruction, looting Ghanem evokes parts and piping of oil installations. Two thousand and 4×4 have gone, stolen by the rebels or simply stolen. But the main problem, according to the former official, is the lack of security of oil fields.Added a new unimaginable before the war: the oil workers increasing protests and claims.

A fellow Ghanem, Abdallah Salem el-Badri, the current Secretary General of OPEC, also present in London, is more optimistic. He expects a return to 1.6 million barrels per day within a year. Neither of the two Libyans anticipate any changes in short-term contracts with the "majors" Foreign strong support for Libya.

Chokri Ghanem there a future in the new Libya? "I do not think it's a good idea to go," says the former "Mr. Oil" Gaddafi by announcing months of instability. Far from Tripoli, he just turned 70 years old and aspires to peace.

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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 installment payday loans…

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.

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The Europeans hoped "a dialogue between friends," the Americans had "no arrogance." Las. With the destabilization of markets and growing concern on both sides of the Atlantic, the U.S. Treasury Secretary, Tim Geithner, could not resist lecturing his seventeen counterparts in the euro area gathered Friday to Wroclaw (Poland).

The relief provided by five central banks – including the U.S. Fed – banks in the euro area will not long concealed the absence of concerted policy response to the crisis. On behalf of the Europeans, the President of the Eurogroup Jean-Claude Juncker declined projects Tim Geithner, citing "differences in approach with our American colleagues."Treasury Secretary, he has put his finger where the euro hurts: he publicly expressed concern "of the conflict between governments and the European Central Bank," a week after the sensational resignation of the Chief Economist of the ECB .

Barack Obama's America, soon launched a presidential campaign, fearing a collapse of Greece, a contagion to European banks and a possible fracture of the euro area. If the crisis deepens, it is the U.S. economy would suffer the backlash, shock reverse of that which had hit Europe after the collapse of Lehman Brothers in 2008.

The first message in Washing-ton is to push the Europeans to speak with one voice and act decisively. "Governments and the Central Bank should work together (…) to avoid catastrophic risks for financial markets," said Treasury Secretary.And he insists, denouncing the cacophony that destabilizes the common currency: "Everyone should also abstain from loose talk about the end of the euro area." Targeted: the proponents of expulsion from Greece …

Denial of a tax on financial transactions

The unprecedented invitation launched by Poland – host country because currently presiding the EU – Timothy Geithner had anything to embarrass, in turmoil, the finance ministers of the euro. We saw Baroin host the head of U.S. Treasury of a strong handshake in Wroclaw. But the Euro has carefully kept at a distance. He has not formally participated in the circle, but a "preliminary conversation" about an hour. Contrary to custom, he did not sent to journalists.To tell his truths to Europe, he preferred an audience of bankers in another part of town.

Some did not take gloves to say that Europe has no lessons to learn. The United States, collapsing under the deficits should put their own house, says the Belgian Didier Reynders. "America has nothing to dictate when the person refuses flatly our suggestions," added the Austrian Maria Fekter. It is true that Tim Geithner repeated Friday his opposition front to the tax on financial transactions carried to Paris, Berlin and Brussels.

Decisions deferred

For the second time in eight days, Treasury Secretary left Europe empty-handed. Friday, the Europeans have made a face at her suggestion to "leverage" means the EFSF, the bailout fund for countries of the euro in difficulty."This is not a subject that is discussed with a country outside the EU," Jean-Claude Juncker meant. Same end of inadmissibility of the American idea of ​​supporting the growth of public funds "even a donkey does not stumble twice on the same stone, 'says Didier Reynders, convinced of the urgency to fight first against the deficits.

For the Americans as to Europeans, the European event in Wroclaw ends with a disturbing sense of incompleteness, even for emergencies. The Eurogroup has pushed to mid-October a decision on payment of 8 billion euros to Greece. He did not reach an agreement on guarantees that Finland requires Greece.

The new residences will be paying trademarks of Pierre & Vacances Maeva Pierre & Vacances but Pierre & Vacances, offers the most upscale of the group that he arrived in Avoriaz.Count for 3 rooms (6 persons), from 1760 euros per week in December, February and March. Residences Pierre & Vacances offer spa, day care, bar lounge and larger apartments are equipped with home video and Nespresso coffee machine.

"There are 15 apartments for sale"

The ambitious expansion program of Pierre & Vacances Avoriaz to be completed next year: 104 new appartrements Pierre & Vacances will open in 2013 and a "Aquariaz", an area water park (with wave pool, slides, tree water ….) will be inaugurated next summer. In total, these studies represent an unprecedented investment of 200 million euros. But true to its strategy, Pierre & Vacances will do a small part (the Aquariaz a $ 12 million). The tourism group has in fact sold to private investors plan all new apartments."There are 15 apartments for sale", says Gerard Bremond.

The spirit of the resort, it remains the same. In Avoriaz, there is no car, we walk, especially ski or horse-drawn carriage (there are 100 horses). The clientele is international and 40%, led the largest group of foreigners, the English and Dutch.

In the U.S., the consultation of mobile applications already widely prevails (67%) on access to mobile sites (33%) in the heart of Android smartphone users, revealed a study released Friday by the Institute Nielsen.Applications dominate all other uses of the smartphone, representing 56% of the activity of a mobile terminal, as against 19% for email, 15% for calls and … 9% devoted to the Web browser.

This trend has important implications for content publishers. Indeed, they become dependent on the conditions imposed by the guardians of these ecosystems built, defining the rules, the terminal to the platform for downloading through the operating system. Apple, with its IOS and its terminals iPad or iPhone is the most obvious incarnation.The firm at the apple has chosen to abandon the format in favor of Flash HTML5 – making it unreadable number of animations and videos on the Internet – and imposes conditions of payment (30%) to content providers who sell subscriptions or applications from its platform.

The "surf neutrality"

Google, Motorola, now has the means to replicate this model of vertical integration. He recalled the "walled garden" (walled gardens) built in the early hours of the Web by companies such as AOL and CompuServe. These providers offer their subscribers a selection of content offered Pardes partners, before gradually breaking down barriers and open wide to the Web world.

The return of the closed logic could push regulators to question certain practices.It happens and a mobinaute seeking to visit a Web site on the iPad, via the Safari browser, it means to be denied access and sent automatically to the mobile application site in question on the App Store. Practices that seem to hinder the freedom of surfing. The "surf neutrality" could well be the new frontier to defend after the "Search neutrality" and Net neutrality.

"The Commission informed the parties concerned and the competition authorities of the Member States of the opening of the proceedings in this case," said the European Commission in a statement.

The investigation follows a complaint filed in 2004 by the European Confederation of Associations of watch repairers (CEAHR) for alleged violation of competition rules of the European Union.Multi-brand repairers had indeed used to make many of the repairs of luxury watches payday loan online. But from 2002, according to CEAHR, manufacturers of luxury watches began to refuse to supply spare parts to multi-brand repairers who were not part of their repair networks. The CEAHR therefore seeks the condemnation of the practice, saying it could force independent repairers to put the key under the door.

The European competition regulator rejected its complaint in 2008 for lack of Community interest. Then the decision was overturned by the European Court of Justice (ECJ) in December 2010. This does not prevent the European Commission to be cautious about this.She stresses that the opening of an investigation does not mean it already has evidence about the existence of an offense. And yet, no manufacturer of luxury watches is specifically under investigation.

Daniel Bilalian, head of France Televisions sports, these good results are due primarily to the fact that "the Tour was a real race with many uncertainties, suspense and surprises.As in previous years, the doping scandals have caused the alienation of the event, the 2011 has shown, not supermen, but real riders in the choice of strategies winners or losers, often arriving exhausted. "D ' Moreover, as noted in the athletic director of France Televisions, "sporting events that are stable or growing in audience are characterized by their rarity, such as Six Nations, the Olympics or the Tour de France. It is not just a sporting event but a historical monument as well as July 14. "

"The arrival of new international actors"

This would explain que15 including 20% ​​of viewers of the Tour are not fans of "Little Queen." To hang, France Televisions has also developed programs around the retransmission of the competition."The austere retransmissions within the meaning of the word belong to channels. In France Televisions, we focus instead on the sporting spectacle, "insists Daniel Bilalian. And it noted that "if no channel can claim an immediate return to a sports broadcast, however, its market share in a day later, a commercial value that advertising can be negotiated. The sport has allowed France to claim 2 throughout the year an audience share of 16% and not 15%. "For this reason in particular that France Television has extended by two years until 2015 included a distribution contract with Amaury Sport Organisation (ASO), the copyright holder of the Tour de France, but the Paris-Roubaix, the Paris Marathon, or the Dakar.If no amount has been disclosed, market experts say that "France Televisions, which remained faithful to the Tour in the worst moments of its history and has guaranteed its sponsors visibility of its branches, would have known that a reasonable increase of prices of the competition. "

In 2015, all contracts of the Tour de France, however, must be renegotiated. Daniel Bilalian cause for concern that fears "the arrival of new international actors such as al-Jazeera, which invests to meet all requirements and policies that have no marketing budget limit."

The reputation of Europcar in the wake of Voeckler

Ten days in yellow by Thomas Voeckler, Europcar team leader, allowed the car rental company to significantly improve its reputation.The group chose this sport for its popularity intact despite the image linked to doping.

Number one European location, the group has engaged in cycling in 2010 to try to improve its reputation with its competitors (Avis, Hertz, Sixt) most frequently cited in surveys of customers. Building 15 million for three years in cycling, the group has apparently achieved its objectives through thousands of citations during the Tour de France.

This bet – won – was nevertheless very bold: Europcar had bet 75% of its budget and marketing communication, 2011.

These hopes were not disappointed. The official announcement has fallen American Airlines places order for 460 Airbus A320 aircraft with 260 and 200 Boeing 737. This is a record contract in the history of aviation from AMR. Even better, some 365 options on Airbus against Boeing's 100 for those raised. This is a turnaround in favor of Airbus fleet since the American company did not count any European aircraft since 2009."Airbus Boeing enters a pure client, there is a 'mix' Neo A320 and A320, which responds to the risk of cannibalization between the two devices," said Yan Derocles, an analyst at Oddo Securities.

The options are for delivery in 2025, while orders already confirmed will be made within two to eleven. So far, Airbus continues its momentum in the Paris Air Show. Indeed, in June, two historical controls had already been reached: the Malaysian company Air Asia going contract for 200 copies of the Neo-A320 for a total of $ 18 savings account payday advance.2 billion, while Indian IndiGo in seeking 150.

The A320 shares to glean Neo 737

Strategically, American Airlines hires a phase of renewal of its fleet and intends to reduce its fuel consumption.In fact, the company looks to new generation aircraft, whose engines are designed to consume a minimum of oil. Airbus, the A320 Neo meets this requirement and just walking on the toes of the Boeing 737 Next Generation, delivered since late 2010. Neo The A320 should be available by 2015. American Airlines will be the first U.S. company to deploy this aircraft.

However, the amount of the order was not disclosed, while the company saw the amount of its net loss increase during the second half of 2011, reaching $ 286 million more than estimated by analysts. In addition, the suspense continues as to the entire command must pass Air France KLM during the summer. She will choose only European aircraft? Stay tuned.

* Number of passengers / km, according to IATA.