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This time, the warning from Standard & Poor's regards the world's largest economy. If the U.S. wants to maintain their "AAA" rating, the highest possible, they should address their enormous budget deficit, said Thursday in an interview with John Chambers, chief of staff of the Department of State debts.

"It is very important to note the status of the U.S. Congress that takes into account very carefully to what the Tax Commission will propose," he told Dow Jones Newswires. Faced with the explosion of the budget deficit, President Barack Obama has established a bipartisan commission (Democrats and Republicans) in fiscal responsibility, whose conclusions are expected in December Guaranteed no fax payday loans. The warning from S & P added that Moody's mid-August.

The Obama Administration has pledged to halve the budget deficit of the state in 2013 and to stabilize the federal debt to 70% of GDP by 2015. The S & P economist has however rejected the scenario of a new recession, preferring to talk of a slowdown in growth.

"The U.S. economy has enough strength to grow by 2% this year and next year," he added.

All sorts of people need fast cash though are unwilling to compromise on interest rates. Naturally, the lower the interest rate, the better. Low rate payday loans are easy to access thanks to the Internet.

At a time when the government prepares raising the legal age of retirement, he has surprisingly little publicity to these statistics, however, encouraging. The employment rate of 55-64 age group reached 38.9% in 2009 against 38.2% last year and 37% in 2003, according Studies Branch of the Ministries of Economy and Labour (DARES ).

The trend is especially notable is that despite an unfavorable demographic developments: the employment rate falls to 60 years, yet the 'sixties youth "are more numerous since 2005 as' s acts of war on people born after full-baby boom. By neutralizing this "structure effect", the employment rate of older workers has also increased by almost 5 percentage points since 2003.

However, unemployment was 50 years and older flies.Between March 2009 and March 2010, it jumped by 21.2%, after rising 16.7% the previous twelve months, said the panel of Dares. In fact, the number of seniors looking for employment and the number of seniors who work progressing both. In the first case, for cyclical reasons that should improve. The crisis, plus the gradual end to the exemption from seeking employment, given until 2008 to unemployed persons over 57 years and half is in effect passed by.

Effective retirement age for retirement of 61 years and a half

And in the second case, for deeper reasons. Women are more likely to work. The reforms of 1993 and 2003 from 37 ½ to 40 years the contribution period for a full pension in the private and the public.The effects of the device "long career" – awarded in 2003 to those who have started working very young, fade, because the generations born since 1953 have been affected by compulsory schooling to 16 years.

According to the National Insurance Old-Age, 30 218 nationals of the general system and have retired before age 60 in 2009, against 100,000 to 126,000 per year in previous years. Ultimately, the effective retirement age from 61 years to 61 ½ years for pensioners to live right (that is to say outside widowers). A second consecutive year of breaking up a downward trend in virtually stopped since the early 1970s when the average neared 64.

France remains still lags behind its neighbors: the employment rate of older workers of 27 countries of the European Union is 46%.The majority sees this as an argument for the legal age of retirement, arguing that it is possible to retire at age 60 which explains the low employment rate of 60-64 years. Opponents of the reform them, believe that we must first improve the employment of older before trying to make them work longer.

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Growth "Asian" in the German economy would it an exception in a darkening global economic outlook? If the recovery is underway in Germany at rates higher than expected, also signs of fragility are multiplying on the front of the economy, and the unlikely scenario a few weeks ago a "double dip" – in the new dive recession – until now reserved for a few pessimists, is no longer excluded.

The warning came Tuesday from the Bank of England (BoE). "I think it would be unwise to say that this risk does not exist", said in an interview to The Times Martin Weale, who joined in July, the Monetary Policy Committee of the Central Bank. Martin Weale has raised the risk of rising unemployment, lower housing prices and a new crisis in the banking sector."There could be a sovereign debt crisis or it could be a new crisis of liquidity in the private sector," he said. The economist also said that the BoE's forecast, which assumes 2.8% growth in 2011 in England and 3.2% in 2011, could prove too optimistic.

U.S. housing decline

His remarks have increased the nervousness of the markets, which were significantly Tuesday on the downside. The poor performance of the U.S. housing sector that is highly sensitive for triggering the financial crisis and global recession, have added to tensions.Sales of existing homes, which represent between 90 and 95% of the market in July has been an unprecedented fall of 27.2%, falling to their lowest level since 1995, according to data from the National Association of Realtors (NAR).

The market suffers from April to the end of the tax credit on buying a first home. Shortly before the publication of these statistics, the chairman of the Federal Reserve Bank of Chicago, Charles Evans, acknowledged that the risk of relapse was increased in the last six months but said "it is not the end most probable. " He expressed concern at the continued strength of the recovery, even though the second estimate of GDP in the second quarter, due Friday, should be revised sharply downward to 1.4% against 2.4%.

In Europe, the wave of rigor that will weigh on the recovery. Even rating agencies are worried.Having sanctioned the debt spiral States, first of Pigs (Portugal, Italy, Ireland, Greece and Spain), which has led most states to adopt austerity plans, a study by Moody's published before yesterday stressed the risk posed by these savings measures on growth in the short term and the rating states. These concerns about growth in Europe have prompted the agency to lower its rating on Greece, Portugal, Spain, Ireland and outside the euro area, on Hungary. "We carefully monitor the ways chosen by governments and their potential to generate growth," says the agency remains confident that the marking of France, Germany and Great Britain, even though these notes have weakened since the crisis.

The CAC 40, which surpassed Monday night at the close of the bar 3750 points (2.99%), was given a break on Tuesday. At the close, the benchmark index of 0.12% in Paris coward 3747.51 points.

Same atmosphere in the rest of Europe. The London Stock Exchange finished steady, yielding 0.01% to 5396.48 points while the Dax index featuring the Frankfurt Stock Exchange finished up slightly from 0.25% to 6307.91 points.

The markets have benefited from this meeting to take profits. A trend that accelerated after the publication of U.S. statistics of the day. Consumer spending of U.S. households remained unchanged in June, up 0.1% against 0.2% previously announced. Economists had forecast an average increase of 0.1% of consumer spending in June Household income is also unchanged in June at 0.1%.Moreover, the promises of sale on the U.S. housing market suffered an unexpected drop in June The index of the federation of Realtors NAR is thus fell to a new record low 75.7. In one year, the show promises to sell a drop in June from 18.6%.

In addition, industrial orders fell 1.2% in June, while the market was expecting a decline of 0.5% only.

Meanwhile, the euro remains at its highest in three months against the dollar.The euro rose as optimism in Europe and at the same time, the dollar is falling while stock markets also rose overseas and the appetite for risk grows.

The eyes of Sanofi-Aventis Genzyme

Sanofi-Aventis (+0.18% at 45.49 euros) sent a letter referring to Genzyme's interest in the company, according to a source close to the deal, adding that the two companies were discussing the offer.

The chemicals group Arkema (8.83% to 38.07 euros, the biggest increase in score) on Tuesday said quarterly earnings improved sharply, saying it made "its best historical performance" since its IPO in 2006 . Quarterly profit was 119 million euros, against a loss of 114 million euros in the second quarter of 2009.Revenues soared 38% to 1.6 billion euros and the gross operating profit (EBITDA) reached 241 million, against only 70 million a year earlier.

CNP Assurances (-1.74% to 15.83 euros) announced Monday that it bought back 65% stake in MFPPrévoyance, a subsidiary of MFP Services, a group of specialized mutual insurance officials. This stake will cost 86.5 million euros to the French insurer.

Vallourec gives 1.08% to 76.37 euros, most over the CAC 40. Credit Suisse cut its rating to "neutral" to "underperform."

Arcelor Mittal has launched $ 2.5 billion of debt in three parts, according to IFR, a subsidiary of Thomson Reuters.

Yellow Pages lost -1.19% to 8.5 euro). HSBC cut its rating to "overweight" to "neutral."

General Health (0.91% to 11.59 euros).The former manager of French private clinics and hospitals on Monday published a half-year revenue declined 4.7% to 1 billion euros, which also reported an increase of 8.8% in profit operating income, to 80.4 million.

In an interview with Le Figaro, Benoît Potier, Chairman and CEO of Air Liquide (-0.78% to 88.63 euros), says that the big industries have restructured and fully benefit from the recovery.

APRR (Autoroutes Paris-Rhin-Rhone) has resumed trading on Tuesday after his suspension on Friday, following the submission of a proposed buyout offer from its major shareholder, French Eiffage and the Australian investment bank Macquarie .The securities rose 015% to 53.98 euros.

The transatlantic exchange group NYSE Euronext said Tuesday it recorded a second quarter net income of $ 184 million, against a loss a year earlier, largely due to derivatives markets. The title of the group reacted slightly to the Paris Bourse, clinching 0.73% to 22.62 euros in mid-session.

Long as three and a half football fields (365 meters) high as a building of twenty-two floors and off over fifty meters with a capacity of carrying more than 13,800 containers: CMA CGM Christopher Columbus, called yesterday morning in the port of Le Havre, is not the largest container ships in the world, the current record is held by a vessel Maersk which displays more than 400 meters in length. In contrast, the new flagship of the third arms Marseille is the largest unit flying the French flag. "It is the first in a series of eight container vessels to be delivered by the end of 2011," explains Jacques Saade, president and founder of CMA CGM.

In service on the Europe-Asia, this container allows the new generation, thanks to its volume capacity and performance techniques, to identify "a result two times" the previous generation of the "8500 box.

A major element for the group in search of funding partners as part of "restructuring" of its capital. And on the topic, Jacques Saade has not failed once again confuse observers by announcing the end of discussions for an entry to the Qatari capital of Holdings. This decision comes as discussions were also halted last week with the fund Colony, the other nominee with whom negotiations had been initiated free credit score.Both candidates associated with the Strategic Investment Fund (ISF), proposed to provide approximately 750 million dollars in capital and become shareholders but significant minority.

The recall of ISPs

"We stopped the discussions with the Qataris since the conditions were unacceptable. We are talking with other candidates, "says Jacques Saade said yesterday that all the good he thought of the Strategic Investment Fund. At that point the ISP held recalled yesterday that he would invest only sides "of one or more outside investors" and that he did not intend to go alone.Gilles Michel, head of the ISP, called a thinly veiled way for the resumption of negotiations with the funds of the Middle East: "Our hope is that it is signed with a partner that suits the company, representing Qatar Holding a partner entirely credible and serious. "Saade The guarantee will get an agreement with an investor before the end of July. In the wise …

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"2010: The main" hot "issues facing the ISP

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.

Wednesday, April 14 at Nantes, a stone's throw from the airport by a cool sunny morning. Representatives of airlines, the future Airbus A350 XWB (extra wide body) were invited by Didier Evrard, program director for a route point. The program includes site visits and workshop "composite" which have already left the four panels of carbon fiber for the first aircraft and MSN 1 MSN 2, the five who will participate in test flights from 2012 .

Since the program started in 2007, Didier Evrard regularly inform the 33 airlines that have ordered 530 copies of the long-haul new generation. No way to disappoint after repeated delays of the superjumbo A380.

30% to 35% of the activity term

Nantes Why? Because that's where it all begins lorsqu'Airbus manufactures aircraft.Ironically, the site where you never see it because the factory is specialized in large parts, called simple. Once assembled, they form the center wing box, also called "section 21" which will set the wings and the beam waist, the keel beam that runs throughout. These two major structural elements bear the expenses of the aircraft and the aerodynamic forces.

Nantes, with its 2,000 employees, is also one of three centers of excellence composite aircraft manufacturer with Stade in Germany and Illescas in Spain. It was here that made the first piece of carbon fiber series December 4, 2009. It is also here that are developed – in conjunction with teams from Technocampus, integrated industrial site – prototypes capable of "dress" the applicant signs the "carbon fiber plies.The A 350 count 53% composite materials, and even 80% off systems, against 45% for the 380. "The composite can not only divide the weight by three parts but also reduces noise by 30% leaving the engine through a composite panel made from a single block. A unique expertise in the world, "said Michel Plantard, head of production.

In Nantes, which works upstream – 1.5 to 2 years – the final assembly as in all European plants of the manufacturer, the countdown has begun. "The timetable is tight. We must deliver the first caisson in Saint-Nazaire in the first quarter 2011 so that the Toulouse final assembly begins in the third quarter of 2011 and the first customer to be delivered mid-2013, "says Jean-Claude Schoepf, director of Nantes site.In Saint-Nazaire, the section 21 will be assembled in section 15, the composite central pavilion, a room of 32 meters long, whose manufacture has been outsourced and entrusted to the American Spirit, while the German factory in Hamburg deliver elements of the fuselage.

Once kitting is complete, the device will be assembled in Toulouse in a brand new warehouse to be delivered in September. "The issue is important because the A350 is expected to represent 30% to 35% of activity for both Airbus and our website, where just under 500 million euros have been invested for the A 350, "insists Jean-Claude Schoepf.

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The files stolen by Herve Falciani the Swiss subsidiary of HSBC bank, and who found themselves in the hands of justice and the French tax authorities have been decrypted. A total of 172,000 accounts have been identified, held by 79,000 people, including 8,231 French. The prosecutor of Nice, Eric de Montgolfier, announced Tuesday evening.

It is well beyond what had been said, on March 11 last, the CEO of HSBC Private Bank, Alexander Zeller. The theft "committed by an employee of the department about three years ago, could affect some 15,000 customers," he declared at a news conference.Regarding the French, it is also far escaped the 3000 tax raised by Eric Woerth, budget minister last summer.

Return a long history

The French court before January 20, 2009 at the home of French Herve Falciani encrypted computer files containing a list of accounts held by customers of HSBC. The search was conducted as part of a request by Swiss judicial authorities, suspecting the employee of misappropriation of confidential data between 2006 and 2007.

But before passing to the Swiss – after a standoff of several months – French investigators have analyzed the content of these seizures, which have proved of great interest for justice and the French tax authorities.Prosecutors in Nice opened an investigation for money laundering and tax administration has used the data to identify suspected fraudsters cash advance to savings account.

The Battle of France

Shareholders who were illegally will pay for it keeps those who do not. Of the 6 billion euros of capital identified in the accounts in Switzerland, 700 million penalty in 2010 will be released. And 700 million euros will be refunded to taxpayers whose tax exceeds 50% of revenues.

In Italy, the method was different. Silvio Berlusconi has been voted an amnesty which showed 95 billion euros of capital and reported $ 6 billion in the Italian Treasury.

But the amnesty is not on the agenda in France. "Because the amnesty called fraud until the next amnesty," said Eric Woerth.

Italy on the alert

"Prosecutors in Turin we sent a request for mutual legal enforcement. He asked to get copies of the data we have captured, "said Eric de Montgolfier. According to the prosecutor, the Italian justice has opened an investigation for tax evasion.

The decoding of stolen files revealed the names of 7,094 Italians.

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While Asian markets are changing this Friday morning in the wake of the rise on Wall Street Thursday night, the Paris Bourse their cue from opening, posting an increase of 0.75%. the CAC 40 and the bar returns of 4000 points, 4008 points exactly.

Thursday evening, the CAC 40 lost 1.2% and has crossed back to the lower threshold of 4000 points. The other major stock markets fell back in unison. In London the FTSE lost 0.86% while in Frankfurt the Dax has yielded 0.81% at closing.Note that the LSE has found its place in the first quarter from a number of European IPOs, according to PriceWaterhouseCoopers.

The concern of financial markets is felt continually faced with the fragility of public finances of several countries, particularly Greece.

Statistics in Europe

This Friday the INSEE published before the commencement of trading, industrial production for the month of February. The same statistics institute will release the results of its monthly surveys of the European economy for March, at noon. Other indicators monitored by the markets, the index of cost of construction, and commercial rents in the fourth quarter.

In Germany, foreign trade for the month of February will be announced at 8 o'clock.In the United Kingdom, are the producer prices in March which will be published.

In the United States, no statistics major is expected on Friday.

France Telecom provided by the Paris court

France Info radio said the prosecutor of Paris will open a judicial inquiry after the 35 suicides by employees of France Telecom.

Air France posted a traffic increase of 4.7% for the month of March, the first since a year now payday loans. Titles climbed 3.03% to 12.23 euros. The group remains to Ryanair. To also monitor the impact on the airline industry's consolidation movement that hovers now. According to the American press, U.S. Airways and United Airlines are considering a reconciliation. In addition, British Airways and Iberia have finalized their merger agreement.

Areva (-0.17%) and EDF (0.57%) would participate in the growth of nuclear power in Italy. Several agreements have to be signed on Friday between French and Italian companies in the sector reported the Financial Times.

The specialist luxury yacht Rodriguez returned Thursday after the stock market success of the restructuring of its debt. The share price rose yesterday by more than 138.97%. This Friday they are still 9.5%.

Renault, Nissan and its Japanese partner the Italian energy group Enel signed Thursday a Memorandum of Understanding for the development in Italy of charging infrastructure for electric vehicles. The Renault shares gain 0.94%, to 36 euros in early trade.

Cegid, publisher of management software, announced a 7% decline in net sales in the first quarter to 58 million euros and a gross margin of 87.9% against 87.5% a year earlier.In exchange, Cegid loses 1.34%, to 22.09 euros.

French Cement (3.94%, to 77.6 euros) announces that its takeover bid for all or part of its 2002 and 2006 private placements with U.S. investors is now closed. French Cement will then redeem all shares tendered at a price of 1 065 dollars for each security with a face value of 1 000 dollars. The funds to purchase securities were placed at the disposal of the company and its subsidiary Italcementi Italcementi Finance.

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.