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The house prices in France rose 8.48% in one year, between the first halves of 2009 and 2010, approaching the record before the 2008 crisis, according to Century 21, a leading network of real estate agencies .

"We are very concerned about the sharp rise in prices because of the risk of blocking sales volumes because we are at the upper limit of what buyers can pay," said Laurent Vimont, president of Century 21 (850 agencies), at a press conference.

The average price amounted to EUR 2,508 per m2 in the first half of 2010, an increase of 8.48% over the first six months of 2009, very close (-1.6%) the record first half 2008 before the housing crisis that followed the subprime U.S..

For the full year 2010, Century 21 provides for a price increase of 6% of existing housing compared to 2009.

In Paris, after a price hike of nearly 15% in one year, slightly more than 10% over the last six months, even beating the record with an average price of 7079 euros per m2, or 5.4 % increase over the first half of 2008.

This surge in prices in the capital, due to the demands of higher socio-professional and retired, does not affect sales volumes which recorded a 11.3% increase over one year.

Guo Guangchang, chairman of the Chinese group Fosun. (Photo CD)

The retirement of Jean-Louis Beffa has lasted twenty-four hours. The historical pattern of Saint-Gobain – who left Thursday's general meeting president's cap with his dauphin Pierre-Andre de Chalendar – yesterday signed a contract "senior advisor" at Lazard.

As such, Jean-Louis Beffa will in particular industrial experience and knowledge of international markets, including emerging markets, where her counterparts at the head of companies are increasingly likely to want to make mergers and acquisitions .

Change jobs – even if only for one quarter of his time – has clearly seduced Jean-Louis Beffa, however, familiar with the bank to have attended countless presentations in twenty years at Saint-Gobain , much of which led him to make acquisitions pay day loan lenders.

During this period, also primarily by Lazard and BNP Paribas that it was supported. For Lazard, the appointment of a senior advisor of the profile is rather rare. According to the CEO of Lazard France, Bruno Roger, it comes as the bank just full advantage of the success of his model, and its strong presence abroad.

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As he finished 2009 with growth of 6% while it had begun with a fall of 14.5% in the first quarter, Turkey began a spectacular end to the crisis that has been entered in the recession a year ago. For 2010, the IMF puts growth in Turkish head of those emerging countries.

It has these good results and promising of these forecasts, the Turkish prime minister's visit to France, boast of the advantages of its economy. Over two hundred French entrepreneurs must meet Recep Tayyip Erdogan Medef Wednesday afternoon.

France is the second largest foreign investor in Turkey, with 593 million euros invested in 2009, while Renault has traditionally absorbs about a quarter. All the major French companies now rely on the potential of the 17th world economy.Leroy Merlin opened last week its first store in Bursa, a city in the West, Alcatel has opened a research and development center in Istanbul in March, Accor already has eight hotels and Axa is the first insurance company .

The weak link of the French presence remains that of SMEs. Only 40% of the 325 French companies are SMEs, disability compared to the Germans or Italians. However, "intensive trade between the chambers of commerce and regional partnerships are being put in place," says Raphael Esposito, director of the French Chamber of Commerce in Turkey payday loan online.The environment sector looks particularly promising: the investment required for compliance with European standards is estimated at 70 billion euros in the next decade.

GDF ranks in Istanbul

Last year, bilateral trade totaled nearly 10 billion euros – the goal is to reach 15 billion euros in 2012 – and France became the 6th supplier of Turkey and its second largest client. "The sales volume has risen despite the crisis, welcomed a Turkish businessman T?siad member of the influential business association. Tensions are benefits and political tensions between the two countries save us. " In 2006, a bill to criminalize denial of Armenian genocide triggered a boycott of hexagonal Turkey.Paris's opposition to its entry into the European Union is still felt in the public tenders. Gaz de France is in line for the privatization of gas distribution network of Istanbul. But it is the Koreans who have signed a preliminary agreement in March to build the first nuclear power plant in Turkey.

Finally, the Franco-Turkish partnership in third countries represent a new avenue of cooperation. The French can benefit from the settlement of Turks in the Middle East and Central Asia and the Turks take advantage of the French presence in North Africa.

This is the best figure since the beginning of the crisis. The U.S. economy created 162,000 jobs in March, according to the Ministry of Labour. Economists s'attentaient to nearly 180,000 net new jobs. The unemployment rate, calculated on a different basis, it has remained stable at 9.7%.

In addition, the Ministry of Labour has revised upward the employment figures for January and February, respectively, and -26,000 to 14,000 -36,000 to -14,000.

Despite renewed dynamism of employment statistics, the number of long-term unemployed (more than 27 weeks of inactivity) rose 414,000 in March, reaching a total of 6.5 million people.44.1% of the unemployed.

In detail, the manufacturing sector has continued to create jobs in March (17 pay day loans cheap.000), bringing the number of net new jobs to 45,000 since the beginning of the year. The construction has also created 15,000 jobs. This sector, badly hit by the crisis, has destroyed an average 72,000 jobs per month over a year.

Employment also was shot by a temporary effect: recruitment for conducting the census of the population (48,000 posts).

In contrast, the financial sector has destroyed 21,000 jobs in March. The information sector also registered a negative balance of 12,000 posts. "The pace of job creation is accelerating," say the economists in a note from Societe Generale. "We should observe net gains of 200,000 jobs per month during the second half."

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".

The red takes its place at the Paris Stock Exchange on Thursday. The CAC 40 starts the session down 0.47% at 3921.56 points. The London Stock Exchange following the same path with Footsie down from 0.36% to 5620.36 points. The DAX index in Frankfurt also opened down 0.40% at 5913.17 points.

Today, the Tokyo Stock Exchange ended in the green but this positive conclusion seems not strong enough to reassure the markets.

A flurry of statistics

Mixed macroeconomic statistics were published in Asia on Thursday. In Japan, GDP in the fourth quarter was revised downward to 0.9% from the previous quarter instead of 1.1%, business investment had proven that estimated lower initially (at 0.9% over the previous quarter instead of 1%).In contrast, China has announced that industrial production had risen by 20.7% yoy over the first two months of the year and that investment in fixed assets had increased by 26.6% over the same period .

Wednesday evening, the U.S. Treasury announced a record budget deficit of 220.909 billion dollars in February, its seventeenth consecutive month in the red, but with a higher income.

In addition to these data, investors will digest the figures on Thursday the French budget deficit in January. It widened to 9.2 billion euros against 8.1 billion at the same date in 2009, according to the Budget Ministry. Moreover, employment has declined in metropolitan France from 0.1% in the fourth quarter 2009 with 20,400 jobs destroyed in the areas mainly merchants.It's better than the third quarter, when 79,800 positions were eliminated.

The German government debt has climbed from 7.1% in 2009 to nearly 1,700 billion euros, said the Federal Statistics Office Destatis.

To these entries added weekly unemployment and the U.S. trade balance (1430).

Lagard?re and banking unscrew

Lagardere issued yesterday evening poorer results in 2008: net income Group share reached EUR 137 million in 2009, against 593 million euros the previous year. A drop of 77%. Lagard?re table for 2010 down about 10% of its current operating income. The sign under the worst performance of the CAC: -5.02 ? to 27.05 euros.

The threat of monetary restraint in China flat again.Locally, the index of consumer prices rose 2.7% year on year last month, according to the National Bureau of Statistics no credit check payday loans . "If the Prime Minister wants to keep inflation below 3% to prevent overheating of the economy, it will probably need to use all instruments at its disposal," said Brian Jackson of the Royal Bank of Canada. Already, according to the Central Bank, Chinese banks have granted in February for about half of the credit granted in January: 700.1 billion yuan in new loans, against 1390 billion yuan (148 billion euros).

The bank reacted badly: Societe Generale (-1.16% to 44.28%), BNP Paribas (-1.06% to 56.06 euros) and Credit Agricole (-0.5% to 11.96 euros) fall .

Boiron (+0.86% at 31.55 euros) Wednesday announced an operating profit of 91.8 million euros, up 61% for a turnover, which had already been published, 526 , 1 million euros, up 12.7%.

CFAO (-0.88% to 27.69 euros) announced on Thursday a fall of 29.8% of its net earnings in 2009. Net income group share was indeed established at 90.3 million euros against 128.6 million euros a year earlier.

Meetic (-0.31% to 22.67 euros) announced Wednesday the completion of the creation of a joint venture with Match.com to develop their activities in Latin America.

Air France (-0.09% to 10.77 euros) a complaint against the competing company Ryanair.The French company has accused the Irish receive 660 million euros to aid illegal in Europe.

Total (-0.43% to 42.74 euros) is always under pressure from unions after the official announcement of the closure of the refinery at Dunkirk. The SGC of the oil industry, majority, yesterday called the 13 employees at French refinery strike Thursday, April 15.

The case EADS (-0.69% to 15.17 euros) continues. The withdrawal of the European Group in the race for the Pentagon tanker causing diplomatic tensions. Nicolas Sarkozy, on a trip to Washington in late March, has decided to raise the subject during a discussion with Barack Obama.Moreover, the U.S. airline United Airlines has signed a firm order for 25 long-haul Airbus A350, for a contract of $ 6.3 billion at list prices.

OL Group should benefit for some time qualifying historic team in the quarterfinals of the Champions League yesterday against Real Madrid. After the victory, the Exchange welcomes its way Olympique Lyonnais: the title is 8.48% to 9.59 euros.

The Iraqi Oil Ministry has awarded this Saturday oilfield Qourna-2 in western consortium of Russian Lukoil and Norway's StatoilHydro. With 12.8 billion of reserves, Qourna in the south, is the largest of the ten fields for auction this weekend in Baghdad.

Lukoil, StatoilHydro proposed to be paid $ 1.15 per barrel to produce 1.8 million barrels per day.

The French group Total was also a candidate. After failing on Friday another mega Majnoon field (12 billion of reserves), the multinational and thus suffers another setback. After two days of the auction will win the total operating a field much smaller than Halfaya and minority partnership with the Malaysian Petronas and China's CNPC. But as its leaders had repeated, Total was not ready to engage in Iraq at any price.The French multinational denounces discounts on their earnings than its rivals agree in hopes of winning these contracts. Absent from Iraq since the fall of Saddam Hussein's regime in 2003, Total will have to wait before making his return to a country which has the third largest reserves of oil and where the French group was present for decades.

With five fields awarded since Friday, Iraq is certain to occur in the coming years to 4.485 million bbl / d more.

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Next year, South Korea will chair the G20, the group that includes the twenty largest economies in the world. She is so proud that the story would that President Lee Myung-bak has generously sprinkled his victory with Korean journalists on the flight back from Pittsburgh last September.

But the G20 is especially for Korea the opportunity to switch permanently to the big boys. Member of the OECD since 1996, it still suffers from an image of countries whose development it would get rid of. The prospect of the chairmanship of the G20 now gives him the means to take the step that separates the camp from rich countries.

The government does not say. But the past of heavy industry in Korea, automotive, shipbuilding, which earned him once beautiful success in foreign markets, it sticks a little too much skin.The "green growth" advocates now she must give him the tools to turn the page. "It's a gamble on new technologies and innovation," said Lee Dong-keun, Deputy Director, Department of Economics.

Behind the Japanese

The automaker Hyundai knows, like many Korean business leaders, he launches into this race with a long lag behind the Japanese. "But we are confident and ready to fight," he said. "The technology is a challenge that we face at the same time as we are moving increasingly towards service activities with high added value," added Chung Tong-soo, head of Invest Korea, the national agency promotion of foreign investment in the country.

The government were eleven service activities he wants to deregulate, including banks and health.Two very promising market for foreign investors, which ensures the state, are also associated with major projects related to green agenda of President Lee Myung-bak. The details of their participation have not been finalized, but they are "in December," says Yoo Beom-sik, director of international cooperation in the presidential committee for Green Growth. And until the country increasing the economic zones. No fewer than six are currently under construction.