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Economic models of these two clubs are comparable?

Both charts show the athletes quite similar, even if they were composed at different times. Lyon as Bordeaux also grow dynamically, while carefully managing their capital players. However, the economic potential of Lyon is a notch above that of Bordeaux due to the size of the city. To qualify for status as a major in Europe, must now have a stadium of 50,000 seats, which regularly displays full, hence the importance of the draft stage for Bordeaux and Lyon, with a potential audience as superior to the Lyonnais. Another difference, OL (Olympique Lyonnais) has managed to build a recurrence sport Champion's League, an area where Bordeaux is being established gradually.Meanwhile, 20 to 30 million euros more in a budget generated by the European TV rights, it makes a difference.

Which levers can build the two clubs?

Whether Lyon or Bordeaux, they have little choice to increase their TV rights to show that performance on the European level. This will happen this year because a French club is guaranteed to be in the semifinals of the Champions League fast payday loan no faxing. Another area of growth will require both improved revenue per game. Today Lyon and Bordeaux to generate 50% more revenue per game less than their main competitors. But the real leverage is on the ticket and the additional revenues generated within the stadium.The filling ratio of Lyon is close to the maximum but in the case of the Girondins, it is still important to retain viewers. The rate of filling the Stade Chaban-Delmas this season rose to 85% against 78% in 2008-2009 (full season) with an average attendance of 29,000 spectators.

Why the French clubs n'animent they not periods "mercato"?

The French clubs are not in the position of "market makers". They do not effect sufficient financial resources to attract the players they want. For one simple reason: the players want to move to clubs who have been dreaming when they were children. But Lyon did not like Bordeaux is in this category at the international level, in the 90s.

A symbol: the oven that produced crystal Arques was definitely off last month. He had worked for two months last year. Instead, the site of Blaringhem, 7 kilometers from the headquarters of Arques (Pas de Calais), the electrician private Poweo studying the construction of a power plant. No more crystal, Cristal d'Arques now focusing on DIAMAX a new material just developed, 20% less expensive to produce, more robust and resistant to washing dishes.

The group Arc International (Luminarc, Arcoroc, Pyrex) account such innovations to resume growth. In 2009, the company owned 100% by the Durand family has experienced a drop of 14% of its turnover and, after two years of profits, fell into the red.The operating loss reached 26 million euros for a turnover of one billion.

"2009 was an extremely difficult year, said William de Fougi?res, became chairman of the board earlier this year. The tableware are among the first purchases that consumers mediate in times of crisis. And they head towards the products of entry level where our margins are low or even negative. "The decline in activity was particularly strong in Europe, an area served by the plants Arques, reflecting a decline of 25% their activity.Conversely, a recovery was observed in mid-2009 in the production sites of the group in the United States, the United Arab Emirates and China, who are now "all overheated.

This year, Arc International is pursuing a modest growth, mainly driven by emerging countries, with a stable activity in Europe fast cash online. It's objective is a return to financial balance.

As a result, the restructuring will continue on the site of Arques, which has for ten years bleeding Name: numbers are increased from 12 000 to 6 500 people. After two social plans, management plans already one of 400 people redundant at the end of the year. So far, all departures were held without layoffs, mainly by age measures, outsourcing and support entrepreneurship.The decline in activity last year was dampened by a heavy emphasis on partial unemployment, on average four to five days per month per employee.

Fear of social

Staff representatives are again very worried. After a demonstration and three-day strike in early March for wages and work organization, they fear further downsizing.

"For the first time, our President declared in the works the word" dismissal "is concerned Elizabeth Jacques, Associate CFE-CGC. We expect that we announced in May a third redundancy. "

For William of Fougi?res, one thing is certain, "there is no early retirement" as possible. According to him, "improving productivity at Arques is essential in order to regain our competitive product entry level."Meanwhile, the group is studying the possibility of establishing factories in Latin America or Russia.

Vittel has slightly increased its market share last year (5.5%).

Validated but with conditions. The High Council of Audiovisual (CSA) gave Wednesday the green light to buy the TF1 channel NT1 and TMC Group AB. This agreement follows that of the Competition Authority which had a month ago, accepted the operation through three engagements Group Nonce Paolini. The CSA will further since added eight more in the use of competitors TF1, the world production, but also viewers.

The competition authority had initially maintained its requirement to keep the two separate advertising agencies. Then he demanded that the TF1 group does not promote cross between TF1 and TMC and NT1. Similarly, he had no right to broadcast programs and series flow TF1 on more than one of its new small channels.Finally, the bidding for sports law will not affect more than two access channels.

In turn, the CSA imposes requirements more oriented programs. He asked that TMC NT1 and undertake to disseminate their antennas on the production fresh, original and unpublished and does not serve only the powerful shell programs TF1 their big sister.

The CSA also requires NT1 change its prime time now that ranged between 18 and 23 hours instead of between 12 and 24 hours. Concretely this means that NT1 will "make" its quota distribution of original works in French and European in its prime time and not offer daytime, when the hearing is the lowest.Moreover NT1, will make a special effort in innovation programs and development of new talent.

Positive for TF1

In exchange, permission is granted. Titles TF1 rise of 2.73%, to 13.34 euros, the largest increase of the SBF 120.

For Natixis Securities, "in general, if the restrictions imposed by both the Competition Authority that the CSA should limit the possible synergies between 3trois channels, we welcome validation of the CSA as an overall positive should enable the group to set up the first group of channels in France "payday advance online .

Emissions cultural mandatory

Similarly, the CSA requires that the two channels broadcast every day, on average, unpublished programs between 14 and 23 hours.TMC will broadcast 365 hours in a year while NT1 must fulfill a requirement of 456 hours.

Both chains also undertake to broadcast a cultural viewing hours suitable. Finally, it must offer the performing arts. TMC will produce six recordings of performances per year, while NT1 will make 12.

Aware that the audiovisual rights market, this acquisition strengthens the position of the TF1 group, Constable Audiovisual imposes another drastic measure: visual jargon this is a provision for early release of rights, particularly with regard to series and French fiction. Put simply, the TF1 group has no right to prohibit the sale of his works to other channels competing since they were broadcast on its airwaves.This provision is provided for use by producers so that they can enjoy the benefits of a secondary market, as competing small chains of DTT with the financial means are insufficient to afford strong programs.

Finally, the CSA, as his role requires, took into account the interest of viewers. Sacrificing the Food Charter, NT1 must promise to distribute annually 15 hours of programs to promote balanced nutrition and physical activity. But the chain will also have to commit to titrate in 50% of its programs from 2011 to the deaf and hearing impaired while other stations are forced to a maximum of 40% in 2012.

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Who would have thought that a small economy could disturb the Mediterranean world power? Yet, a leader of the Fed, the U.S. central bank expressed concern about the effects of the crisis on the Greek United States. "I see three ways in which the Greek crisis could directly affect the economy of the United States," said Dennis Lockhart, a patron of the Atlanta Fed on Monday night.

Greece, attracting the attention of investors on the debt of European countries, could accelerate the introduction of austerity policies in Europe.An ominous prospect for U.S. exports, according to Lockhart: "If the countries of the European Union would provide for adjustments to budget problems, this could hinder the growth of the eurozone and U.S. exports to this region .

Second concern for the head of the Fed, the dollar's rise against the euro. The single currency is weakened by the Greek crisis, investors have been particularly its decline in January and February fast payday loan . Mechanical consequence down the euro, the dollar rises, which could "undermine the competitiveness of U.S. exports," according to Dennis Lockhart.

"The third [of concern] is the possibility that the Greek budget crisis leads to a large impact on financial markets.This could occur in the banking system or as a retreat General [investors] the debt market states ", has alarmed the leadership of the Fed.

These three concerns, first expressed by the Fed intervene to three days of the European Council of Heads of State and Government. The President of the European Commission Jose Manuel Barroso, has called in an interview with the Financial Times European leaders to show "solidarity" against Greece. This latest threat to resort to the International Monetary Fund if there is no mechanism in place.

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While the Tokyo Stock Exchange was closed Monday due to holiday, other major financial centers in the Asia-Pacific is clearly a downward trend, including a Hang Seng in Hong Kong decline of 1.69% at 21,009 points, an index in South Korea (KRX 100 Index) declined 0.85% to 3.5213 points), in India Bombay SE back from 0.19% at 17,544 points, and Shanghai Index almost stable at 0.05%, to 3292 points.

In Australia, the S & P / ASX 200 loose 0.86% at 4830 points. In New Zealand, the NZX is maintained close to equilibrium, gaining 0.05% at 3233 points.

Friday evening, the Nikkei 225, which will resume its listing tomorrow, Tuesday, had closed up 0.75% at 10,824 points. Wall Street has ended in the red. In the absence of major economic indicators, investors took their profits.

Crude prices were trending lower Monday in electronic trading in Asia, continuing a trend from last week, reflecting the stronger U.S. dollar, dealers said. In morning trading, a barrel of light sweet crude for April delivery yielded 50 cents to 80.18 U.S. dollars while the price of Brent North Sea for May delivery retreated 39 cents to 79 $ 49.

Rio Tinto open trial

The highly anticipated trial of four employees of mining giant Anglo-Australian Rio Tinto, accused of espionage and corruption, opened Monday in Shanghai, the metropolis of east China, said a spokesman of the court. "The trial is open to the public," said the official, Wang Haiwen. The CEO of Rio Tinto, Tom Albanese, said he was "very concerned".

And if EADS came back in the race for tanker aircraft? The Pentagon expressed willingness Thursday to extend the tender for its tanker aircraft, while its recent withdrawal had caused anger in Paris and Berlin against Washington.

"The Defense Department has received notification from EADS North America showing its possible desire to contribute to the replenishment of the Air Force and U.S. we would support," said Geoff Morrell.

He added: "If necessary, we may reasonably consider extending the closing date of tender, currently set for mid-May, which" would not be unusual, "he said.

Louis Welsh, head of EADS, stated, however, at a press conference in New York, that such an initiative would require the postponement of the deadline for response to the call for tenders for the currently scheduled for May 12But he says it is "impossible" for his group to submit to the Air Force bid for U.S. tanker aircraft in 60 days, however, leaving the door open to any proposal flexcheck cash advance! ???!!!???!!!.

He said EADS had not taken any decision on a possible new bid for the contract, while Boeing is currently the only candidate. He also said that EADS had not sought another partner or been contacted by other groups to raise its offer.

A tender twice canceled

EADS and its U.S. partner Northrop Grumman withdrew from the bidding of the Pentagon, arguing that the terms of that favored Boeing.

The tender to supply 179 tanker aircraft to the U.S. Army, valued at 35 billion dollars, was awarded a first for Boeing in 2003, then again at Airbus (EADS) and its American ally Northrop Grumman in 2008, and each time canceled.

In less than twenty-four hours, Boeing faces a number of technical problems on two different types of aircraft: B777 long-haul and short-medium haul B737, his best-seller.

In the United States, the federal Civil Aviation (FAA) requested in a directive for Boeing to make changes to the software on board their B 777 after two cases – fortunately without injury – the accidental release of autopilot occurred last January when the aircraft had not yet departed. Several models of the B 777 families are affected by this change in software. Boeing immediately said it would follow that ReCOmmeNdATIONS for 818 units worldwide including 145 in service with U.S. airlines. This type of incident is very rare, says the manufacturer saving account payday loan ."Since its commissioning 15 years ago, the world's fleet of B 777 has made 4.8 million flights and there were only 9 reports of this kind," said the giant Chicago.

In China, the Civil Administration (CAAC) issued a "Directive on emergency airworthiness" of devices in the family B 737 after several incidents, again without gravity. All Chinese airlines are required to perform safety checks on the components located in the tail of over 400 aircraft of this family on a total fleet of B 737 603 aircraft. Boeing said it would provide technical support to its customers in China and said that these measures do not concern its new generation B 737.

Currently, Boeing provides no encryption of the cost of its actions.

Ten days. This is the time remaining to AXA shares for a listing on the American Stock Exchange, the New York Stock Exchange. As announced January 25 last, the French insurer plans to leave the financial markets overseas March 26. Axa filed in that document with the Securities and Exchange Commission (SEC), the U.S. markets. Unsubscribing should be effective within 90 days.

Axa has been listed since 1996 in New York through ADS (American depository shares), certificates of deposit. "Subsequently, the ADS should be negotiated on the market for U.S. OTC (TBT) and will be quoted on the OTC platform QX low interest rate personal loans . The quotations are available on www.otcqx.com "warns a statement from the group.

As for Allianz, which has its withdrawal from the New York Stock Exchange, AXA believes that the liquidity and volume traded on the NYSE were not developed. "The market has not developed sufficient liquidity to be attractive for most institutional investors, who continue to prefer our primary market of Euronext Paris, justified, in January, Chief Executive Henri de Castries.

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On his role in the regional campaign

The president denies having engaged in this campaign, including during his trips to the provinces. "I did not give instructions to vote and I will not do. But agree it would be strange if I'm the only one able to explain the issue of regional elections! ". As for the convening of leaders of the campaign in the Ile-de-France, President irritated "those controversies which are permanent loss of valuable time in France": "What has he wonder that I meet with elected Ile-de-France while I myself am an elected official in this region since 1977? ". Concerned by the record abstention rate announced for the election, Nicolas Sarkozy asked the French to vote "is also a civic duty."

The consequences of the ballot

"I am of course aware that the French would say."But Nicolas Sarkozy is very clear: "The election of 14 and 21 March is a regional election: its consequences are so regional. Stressing the need for some stability to the government action, the President cited the example of the longevity record of Christine Lagarde – Minister to only be quoted in the interview – the Ministry of Finance: two and a half years. The president may be considering a "new step" but only after the pension reform – a text should be submitted to parliament in September – even if it does not by that "some governmental adaptation.

On the debate over national identity

Defending himself for having stopped the debate on national identity before the regional, Nicolas Sarkozy promised "major steps" he announced in April.Quoting the words of Claude L?vi-Strauss' identity is not a disease, "the President considers appropriate for the gathering of the country" think together about the direction that our nation should go to the project, its values .

On the economic and fiscal policy

Convinced that the Strategy on Economic currently followed will bear fruit in 2010, particularly in employment, the President is however concerned about deficits. "The truth is that we want the public expenditure and that the crisis has drastically reduced our income tax" analysis does. But no question of raising taxes, he promises again, "either today or tomorrow." "I do not believe in a policy of austerity that has never worked and is cons-productive."The president has not abandoned the idea of a "social VAT" – a term he rejects – for we must continue to consider ways of financing social protection other than taxing work. The carbon tax will also be the day after a consultation at national and European level.

On pension reform

Following consultations with the unions, the government will make proposals for a text to be tabled in Parliament in September. Nicolas Sarkozy reiterates its commitment to the reform will affect the 21 million private employees and 5 million from the public. And if lengthening the contribution period there must be, it concerns both the private and the public.However, the calculation of pensions (based on six months in the public and the best 25 years in private), the President recalled that staff bonuses are not included as it is in the private. "All these elements must be on the table."

On the popularity of Fran?ois Fillon and a second term.

"If it was not popular, I would say we must change. If it is, I am told it is a problem for you. All this, they are vain conjectures. My only problem is to carry out the reforms expected by the French. Do not create problems where there are none. " As for his decision to represent 2012, Nicolas Sarkozy reiterated that the question is premature."I take position at the end of 2011, taking into account a number of collective and personal criteria.

Future reforms, other major projects, open policy of nuclear burning issue … Find the full interview of Nicolas Sarkozy in Le Figaro Magazine to be published Friday, March 12.