Posts Tagged ‘assistant’

Oil: Barack Obama wants to diversify its sources

March 31, 2011 - 5:15 am Comments Off

Revolts in the Middle East and nuclear disaster in Japan in this context that Barack Obama has chosen to hold a speech on energy in the United States. To students at the prestigious Georgetown University in Washington, Wednesday, Bush set a new goal of one-third reduction in imports of crude oil within 10 years. "Today I set a new goal, which is reasonable, feasible and necessary. When I was elected to this position, the U.S. imported 11 million barrels of oil per day. In a little over ten years we have reduced the amount of a third party, "he promised.

As tensions in the Arab world boost oil prices, U.S. President also stressed the need to diversify sources of supply in the country.In contrast to Saudi Arabia and Venezuela, and he cites for providers of "stable neighbors" such as Canada, Mexico and Brazil. During his trip in the country of Dilma Rousseff, Barack Obama already claimed that the U.S. was ready to become among the largest customers of Brazilian oil once Brasilia to begin operating large-scale reserves discovered recently off its coasts.

Dependent

Pushed by his Republican opponents, who are calling for concrete actions to address the plight of consumers to prices at the pump, Barack Obama expressed regret that there is "no immediate solution" to global fluctuations during .The United States consumes 25% of global gross but has only 2% of proven reserves, forcing them to continue imports of petroleum products.

"We will remain victims of the movements of oil markets until we engage in a serious long-term policy to achieve a secure energy and our resources," said Barack Obama.

Leveraging internal resources

This long-term policy should go on accelerating the exploitation of subsoil American rich raw materials bad credit payday loans. President urges and oil companies to quickly develop their concessions while focusing on safety, so as not to repeat the scenario of the oil spill in the Gulf of Mexico.Despite criticism from environmentalists, Barack Obama also called for exploiting the "enormous potential" of natural gas, including the United States has established reserves of a century he said. Not to mention biofuels.

Nuclear power is no exception. Despite the drama Japanese Fukushima, the United States will continue their nuclear efforts as this source provides a fifth of the country's electricity. "But I am determined to ensure it is safe," said Barack Obama.

"These are beautiful images of a very distant future"

The U.S. president ended his speech by announcing that saving energy and fuel consumption standards set by his administration for two years will be new targets in September for the next 15 years.

From the opposition, this program has not won.The Leader of the Opposition in the Senate, Mitch McConnell, noted that "Americans should expect immediate actions to address energy prices. And all they get Democrats, these are beautiful images of a very distant future. " For Barack Obama include these objectives in the marble looks to be very delicate. On most of these cases, and particularly investment in research, it must find common ground with his Republican opponents, who control the House of Representatives and have a blocking minority in the Senate.

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The French worried about price developments

March 26, 2011 - 11:44 am Comments Off

The waltz labels worried the French. Fears about inflation have plagued the household index, which fell two points in March compared to February, is the INSEE. He found the levels of July 2008, at 83 points, well below its long term average (100).

The French duly recorded the rise in inflation is more likely to agree that it has increased in recent weeks (five points). Above all, "their views on future inflation rises sharply (15 points), reaching a level unobserved since July 1995," notes the INSEE.

Inflation expectations, in the words of economists, are largely boosted by soaring gasoline prices, which have a financial impact, but also psychologically very strong on French households. In early March, prices for unleaded 95 have beaten their record for the summer of 2008, averaging 1.50 per liter.

Fears about the decline in employment

Consequently, the French are not optimistic about their prospects for living standards (-3 percentage points from February) no fax payday advances. Similarly, public opinion about their personal future was down 4 points a month. And, logically, they feel that their ability to save will be lower in coming months. Already in 2011, households had to dip into their savings to maintain consumption.

The risk that such pessimism results in a decrease in consumption "remains the main threat hanging over growth prospects for 2011," warns Dominique Barbet, an economist at BNP Paribas.

Only fears about employment are declining. "Households are much fewer than in February to anticipate an increase in unemployment (-9 points)," INSEE reported. He is 40 points, the same level as the summer of 2008, before the crisis.

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Renault management increasingly isolated

March 7, 2011 - 9:57 am Comments Off

How far will go the extravagant case of industrial espionage that poisons every day Renault? In the wake of testimony by Patrick Pelata has acknowledged for the first time in Le Figaro, "a number of elements lead us to doubt" and mentioned the idea of a "manipulation" before turning his position as Chief Operating Officer on the spot, the reactions have little overdue. They have mostly endorsed what looks like a sacrifice programmed. Friday morning, Christine Lagarde has considered the No. 2 company "had the dignity to indicate that he might be mistaken, and that if it was proved he was mistaken, he would draw all the consequences. ""I think it's worthy" by Patrick Pelata, said Minister of Economy in claiming that "we arrive at the truth, it gets there quickly, if the suspicions were unfounded, justice, confidence is restored and compensation is paid. "

In the same vein, his counterpart for Industry, Eric Besson, has confirmed that management problems are posed "if it is the manipulation hypothesis, which dominates in the end." Before adding: "I also noted that Mr. Pelata, very dignified and quite logically, has already warned that he would draw the conclusions for himself." Finally, the Elysee does not hide his irritation."This case, bad for the image of the company, not the show great professionalism," has dealt a collaborator of Nicolas Sarkozy.

• The direction of the group's safety should she not slipped by using methods of spooks?

The internal investigation, legal "point of French law", as claimed by Patrick Pelata, was conducted by a team composed of fairly baroque Remi Loincloth, formerly of the DGSE, Marc Tixador, the former PJ Versailles, and Dominique Gevrey defector from the Directorate of Protection and Security of Defense (DPSD) readily described as a "central figure" in this story.Like a bad spy novel, a sum of 100,000 euros has transited into five payments last fall in Madrid via L. Michel, a former paratrooper became a private investigator.

Agreeing to play the "biller for the defense of French interests," it is simply a "short circuit" used to confuse the trail to a mysterious Mabrouk and "external source" who reportedly discovered ghostly accounts opened in Switzerland and Liechtenstein by the three executives on suspicion of espionage. Since this information just communicated orally, have been questioned, the manufacturer does not even seem able to identify his "deep throat": the only employee of security service who knows stubbornly refuses to cooperate.To protect at all costs or to hide an embezzlement to the detriment of Renault? As a confession, Patrick Pelata conceded: "We erred in not involving the DCRI earlier."

• What are the collateral damage to Renault?

The damage in terms of image are significant. While the group had been traumatized by the suicide of three employees of Guyancourt Technocentre late 2006-early 2007, serious questions arise again on his management style. Renault seems to be a company where one can accuse and dismiss employees without evidence, solely on the basis of anonymous testimony. This case falls ill while the group was counting on its electric vehicles-those who have supposedly been spied-to repair its image.Sales of these cars and the entire range will suffer they? Hard to tell because the picture-in determining whether the act of purchase and also depends on products. But the group will leave with a disability. Adding that "it's all business operations that may be seized, as management has been discredited, analysis framework, which adds it will take time before confidence is restored."

• Carlos Ghosn is he in trouble?

If the spy case deflates, the group took a huge risk by raising its CEO at the forefront in the media. In the JDD, January 23, he said he "personally monitoring the progress of this process as and when." The same evening, on TF1, Carlos Ghosn has hammered that he had "certainty" about the guilt of the three frameworks and evidence had "multiple", but did not disclose.On 10 February, at the announcement of the strategic plan, the CEO drove home the point by asking him to "trust" because "tens of people have analyzed the facts." In case of "manipulation", the question remains whether the employees and the government will simply sacrifice his number 2.

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The DCRI has seen "no evidence of espionage" at Renault

March 3, 2011 - 5:29 pm Comments Off

The Central Directorate of Internal Intelligence (DCRI) said this morning that they found "no evidence of espionage" at Renault. Main elements of the investigation, "Swiss bank accounts" charged executives laid off have not been found by investigators. A source close to the investigation even mentions the possibility that Renault has received erroneous information. The account numbers provided in the private investigation were in fact erroneous. Similarly, the survey conducted by the Liechtenstein authorities on suspected accounts under the Renault affair did not work.

The argument weakens espionage. Yesterday, the manufacturer argued the trail of a "manipulation" before his lawyer back on these statements. But on Europe 1 this morning, Mr. John Reinhart said he was inconsistent "absolutely the word manipulation.We are not in that context, for the moment we have no information that contributes in one way or another to say that the original theory, that is to say espionage does not exist ", he argued.

However, this term manipulation was mentioned by the CEO of Renault itself. Patrick Pelata, had indicated during an interview Monday that Renault Matignon "considering now have been a victim of manipulation," says Liberation. Shortly after a spokesman stated that "if we (Renault, Ed) has been the victim of anything other than an attempted espionage, it may actually be a manipulation."

Renault evokes a "settling of accounts in-house"

The manufacturer suggests a settling of accounts internally.Libérationaffirme that Renault suspects that two of the three executives would not have accounts abroad and have been victims of an internal settling of accounts ". Redundant frames are suspected of having received bribes, kickbacks through bank accounts in Switzerland or Liechtenstein. The Chained Duck however recently revealed that two of the three executives have never had accounts in Switzerland. In contrast, "the manufacturer continues to the third suspect, probably Michel Balthazar, a member of the steering committee," according to Liberation free business cards.

The chairman of the Senate Finance Committee, Jean-Arthuis (UC), said on Canal + that "this case has taken on a mad and I am surprised that we have been able to bring such charges on allegations that apparently no 'had no basis.(…) These species settling of accounts within the company are also detrimental to (its) image, "he added.

Anyway, this episode could reinforce the defenders of the three top executives dismissed 2011A following an internal investigation following the sending of anonymous letters. Especially as the manufacturer would not be celebrating its first case of this type.

Renault had a similar case

Concordant sources, seized by the Paris prosecutor, investigators of the Central Intelligence Allowed (DCRI) will hear on Thursday a former executive of the group graduated in 2009 in similar conditions, Philippe Clogenson. The former marketing director said in the columns of Le Parisien, Aujourd'hui en France he was accused of "touching, through front companies, money paid on offshore accounts from suppliers of Renault.He believes he was unfairly accused of corruption.

"I was also told that there was evidence that the formal charges had been substantiated by the management group's safety," he said. Philippe Clogenson decided, like the three executives recently laid off, file a complaint for "malicious prosecution". Remains to be seen whether the testimony of Philip Clogenson allow the cons-French espionage to advance the investigation.

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Major trends of smartphones

February 16, 2011 - 10:21 pm Comments Off

Met this week in Barcelona at Mobile World Congress, major mobile phone manufacturers have outlined what will be the year 2011, presenting their new products. Unsurprisingly, most attention has focused on smartphones, which should represent the majority of handset sales in France in 2011, according to projections by the GfK. More conventional phones were usually stored in corners, out of sight. Here's what can be learned from this series of ads.

The consecration of Google

Nothing stops Google in mobile. "There are 350,000 activations Android phones each day, 170-enabled devices, and 150,000 applications available," said Eric Schmidt, now at Barcelona.During the fair, the mascot of Android – a little "droid" apple green – was omnipresent and the stand of Google, with its slide, was among the attractions not to be missed. Android smartphones team as all the most sought-after Samsung S2 Galaxy, Sony Ericsson XPERIA 2, Atrix Motorola, LG 3D Optimus. Despite the lack of Apple, who shunned the event yet, the iPhone has nevertheless made about him, with rumors of leaving a smaller and cheaper.

Smartphones as powerful as a PC

As with PCs, the processor is a key issue for smartphones, and is now very high in the selling points of manufacturers. Display images in high definition or in three dimensions without slowing the phone in fact requires ever more powerful chips.During the show, Nvidia and Qualcomm fought a war from a distance, each claiming to have introduced the first quad-core chips for mobile devices. Motorola presented its side in Europe's Atrix, a smartphone that has the ambition to replace the PC. Once placed on a pedestal, the device connects to a TV and a keyboard, which lets you surf the Internet, write notes or see videos on the big screen as you would with a computer.

Everything for the game

Smartphones have nothing to envy the portable game consoles business card. In opening the show, Sony Ericsson unveiled the XPERIA play Sunday, a phone that incorporates the same buttons that control the joystick on the PlayStation. Fifty games will be available for launch in March, including the great classics of the first Sony console.For its part, LG has chosen to equip its new phone with a screen similar to that found on the Nintendo 3DS, capable of delivering 3D images without the need to wear special glasses. Four titles are optimized for 3D French publisher Gameloft, whose racing game Asphalt 6, will be delivered with the phone.

Faster and faster Internet

Such as PCs, smartphones will spend this year to Internet connections at very high speed. In France, mobile networks are not yet deployed, but abroad, including Japan and the United States, operators have taken the lead. NTT DoCoMo, ZTE, Alcatel-Lucent and Verizon offered during the fair test sessions on their stand of LTE (Long Term Evolution) 4G technology as the successor to 3G.Visitors could participate in the parts of multiplayer video games or conversations in high definition video.

Facebook encrusted in smartphones

Facebook already offers applications for most smartphones, including iPhone and Android. INQ HTC and went further, presenting him with his consent, the first phones with the colors of the social network. HTC Chacha and Salsa as well wear a button on their Facebook facade, which lets you share one click messages and photos with friends. They also combine the SIM card directory with the contact list on the site. Dozens of phones like this should appear in the coming months, said Mark Zuckerberg, Facebook founder.

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Still no return frank employment in the U.S.

February 4, 2011 - 9:06 pm Comments Off

Very unpleasant surprise in the U.S.. Only 36,000 jobs were created in January. Economists were expecting an average of 145,000 and some even 200,000. Weather conditions were execrable advanced to explain the difference between the expectations of observers and the first estimate given by the U.S. Department of Labor.

"Employment rose in the industry and the retail trade but fell sharply in construction, transport and storage activities," the ministry said.

To make matters worse, revisions to employment figures in 2010 by the Labor Department showed a recovery later than expected. The creations were again two months later than previously indicated, in March 2010 only.Over the full year, the U.S. economy created 215,000 fewer jobs than previously calculated.

Two pleasant surprises come somewhat counteract this flood of bad news. Job creation has been revised upwards in December, to 121,000 against 103,000 originally counted. Finally, estimated on a different basis, the unemployment rate appears low in January, at 9% against 9.4% in December. Analysts expected a rise in the rate at 9.5%.

"After the publication of all the market indicators of employment, the situation is unclear," says Julian Thomas, an economist at Natixis. "But the scales tip the wrong way." Economists Exane BNP Paribas prefer to remain optimistic: "The acceleration of activity in the first half of 2011, confirmed by recent investigations progress, should allow the recovery of employment of grow "

"We must accept that debates are"

February 3, 2011 - 4:02 am Comments Off

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The CAC 40 consolidates 4000 points

January 25, 2011 - 12:18 pm Comments Off

After three consecutive weeks, the CAC 40, which closed last Friday above the 4000 points (4017.45 points exactly), ended on an uptick, Monday. The CAC 40 gained 0.39% to 4033.21 points.

At the London Stock Exchange, the FTSE-100 rose 0.81% to 5943.85 points, the Frankfurt Stock Exchange, the Dax ended with a small increase from 0.08% to 7067.77 points.

Investors have played the card of caution for several major economic appointment.They expect including tomorrow's meeting of the Monetary Policy Committee of the U.S. Federal Reserve (Fed) and the speech of U.S. President Barack Obama on the State of the Union.

On Monday, President Nicolas Sarkozy at the Elysee gave the kickoff of a year 2011 marked under the seal of the international retailer, to reporters and foreign ambassadors in Paris (live webcast Facebook and Dailymotion), his goals for the G8 summit in late May at Deauville and the G20 early November Cannes.Le head of state has sought to draw the conclusion imbalances afflicting the international economic system. In this context, the G20 "shall be effective if it is to remain legitimate."

Markit index up

PMI Flash (Markit) reflects the overall expansion of activity since the French resort activity to 56.9 points, higher for four months.The composite index of purchasing managers (PMI) in the euro area will be known 10 hours and new orders in industry in November 2010 at 11:00, still in the eurozone.

Renault out of the wood

As for values, ArcelorMittal suffered profit taking (-1.10%). Steelmakers produced 1.4 billion tons of steel in 2010 (+15%). Growth welcomed but fears of overcapacity in 2011. Schneider is also subject to profit taking (-1.68% to 111.20 euros), while Saint Gobain (2.68% to 42.71 euros) is leading the CAC 40 increased by a favorable rating analysts UBS.

Renault (0.57% to 47.32 euros) evidence "multiple" on the case of industrial espionage which are believed to three frames of the group, said Sunday the group's CEO, Carlos Ghosn.Earlier in the day, counsel for one of three executives covered by the suspicions had called Renault CEO Carlos Ghosn to provide proof of charges that founded the lawsuit from the manufacturer fast cash without a hassle.

Automotive side, Toyota is the world leader in 2010, despite repeated reminders of vehicles.

Danone gained 0.33% to 44.96 euros. According to La Tribune, Danone Dumex interested in India, a manufacturer of baby foods. A nugget in its sector: Dumex is number one in China and India.

Sanofi-Aventis: 0.22% to 50.98 euros

Also down, Sanofi-Aventis after the announcement of the extension on Monday its takeover offer for Genzyme, always the same price of 69 dollars per share, or $ 18.5 billion in total, until 15 February."While these discussions have continued and have included sales teams and executives from both Sanofi-Aventis and Genzyme, significant differences remain regarding the CVC (certificate of conditional value) and the potential value of the offer Sanofi-Aventis, and there is no guarantee that parties will reach agreement, however, warns Sanofi.

France Telecom: 0.81% to € 16.26

France Telecom, however, slightly ahead slightly by 0.84%. Orange, a subsidiary de'opérateur negotiated the acquisition of part of investors to share the platform for sharing videos Dailymotion, valued at approximately EUR 150 million.

Sopra: 5.86% to 66.98 euros

Sopra earns 2.3% after announcing it relaunched its proposed listing of its subsidiary Axway Software, which will occur in the second quarter. This project was suspended last September 20.

Note also that Nicolas Sarkozy will announce on Tuesday a call for projects on five coastal sites for an investment of 10 billion euros. French and foreign manufacturers are mobilized for this competition.

EADS: 0.74% to 20.54 euros

The helicopter manufacturer Eurocopter, a subsidiary of European aerospace group EADS, expects to deliver fewer planes this year, but its turnover is expected to remain at least stable and orders stagnate, said Monday its CEO Lutz Bertling. Sodexo holds its general meeting at 16.30.

Solar energy: the debate escalates

January 21, 2011 - 10:23 pm Comments Off

The solar industry is in turmoil. On December 9, professionals taking short, the government declared a three-month moratorium on photovoltaic systems. In other words, all projects – other than small panels for individuals – are frozen. The measure follows the successive falls of subsidized tariff and tax incentives designed to burst the "bubble".

"The Prime Minister wanted to develop new rules of the game to progress without inflation," said Eric Besson, Minister of Industry, responsible for energy. For his part, Nathalie Kosciusko-Morizet, Minister of Ecology, co-pilot consultation exercise with industry. The new framework was announced in mid-February.

At Bercy, actors, SMEs and energy giants, are involved in consultation meetings, with more or less good grace as their respective interests."Everything is played or nearly so, the services of the department have already prepared the ground well. We are moving towards a minimum service, including a further reduction in tariffs, "said one participant.

Daniel Bour, president of Sunnco GC, messages from the administration are daunting: "To suggest as the basis for the future a maximum of 500 megawatts (MW) connected annually in France, while in 2010 almost 700 MW were connected, is amazing. In Germany, more than 7000 MW have been connected by 2010, a ratio of 1 to 10. "

The solar sector ahead in unity. More than eighty companies, grouped under the banner of the association without borders ecology, chose confrontation judiciary.The State Council must consider today an application for annulment which is to suspend the effects of the decree, said Mr. Alexander Faro, lawyer of Ecology without borders. Particularly affected, the retroactive nature of the text that sometimes froze the projects undertaken over the past two years payday loan lenders.

Whatever the legal consequences of this episode, many in the industry does not seek to discuss the phenomenon of overheating. "The industry has experienced abuses, sometimes wacky projects driven by the only hunting for grants. This wave will stop, says Stanley Nahon, director in the consulting firm Booz & Company. Meanwhile, smaller players, the weakest will disappear.Large, declaring that they accommodate themselves to lower subsidies of 10% to 15%, already anticipating this concentration. "Some SMEs are pointing the finger EDF New Energies whose dominance could, they fear, allow remain the only survivor.

Electricity bill

Ed despite the difficulties, the industry will at least enjoy the dialogue to halt attacks considered systematic. Beginning with the rise in electricity prices that would be due to the growth of photovoltaics: "At most, the entire cost of solar energy production in late 2010 represents less than 1% of the electricity bill paid by consumers, "says Daniel Bour.About the argument for the invasion of Chinese solar panels, the boss of SunncoGC argues that "the development of power plants in France has actually started two years ago." In other words, it takes a minimum of time, volume and visibility to develop this industrial sector.

"Right now, solar is viable in any country in the world: everyone should have this in mind, says Stanley Nahon. But unlike others, France has been slow to react to market overcapacity, marked both by falling prices of panels and the high amount of subsidies. "

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CAC 40: Green is expected to continue

January 20, 2011 - 7:27 am Comments Off

In a market supported by confident and good indicators in Europe and the United States, the CAC 40 finished sharply higher Tuesday night and closed above 4000 points. A peak not seen since ten months.

On Wednesday, the trend may remain green, while Asian stock markets have stayed the course early this morning and bullish as Wall Street closed last night revived later. United States, the strong performance of IBM and Apple have reassured the financial world. And good macroeconomic news have taken over. According to that day, at 14.30 in the U.S., housing starts and building permits in December.In addition, a perspective analysis techinque, the next resistance is at 4090 points for the CAC 40.

Note, however, last night, the rating agency Standard and Poor's has warned that the debt rating of the United States "will be put under pressure" if the government does not soon a "credible plan" to reduce its budget deficit.

Edenred, Ingenico, Seb and Pierre & Vacances published

Also on Wednesday, banking stocks remain controlled while the finance minister, Christine Lagarde, hopes that the new tests for strength of banks expected to be completed by late spring. The official said Tuesday that details of the tests was discussed.

Vivendi U.S. authorities on Tuesday approved with conditions the acquisition by Comcast of a majority stake in NBC Universal.A step that will allow Vivendi to finalize the sale of its interest in NBCU and cash it will allocate funds to the repurchase probably from Vodafone SFR.

Eiffage The group was selected at the expense of Bouygues, yet the most likely candidate, and Da Vinci for the financing, design, construction and maintenance of future high-speed line (HSL) Bretagne-Pays de la Loire, a market estimated at 3 no fax payday loan.4 billion euros.

Alstom and Remy Cointreau will unveil on Wednesday its sales in the first nine months of their fiscal offset.

Edenred, the former branch of prepaid services group Accor announced a croisssance 7% of its annual sales, supported by Latin America and confirmed its 2010 earnings will range between 310 and 330 million euros .Accor will release on Wednesday.

Ingenico announced Tuesday again raised its 2010 earnings targets after posting organic growth of around 14% in Q4.

Seb reported late Tuesday a turnover up 15% for the full year 2010, to 3.651 billion euros, bolstered by sales in China.

Pierre & Vacances himself has posted a 11.7% increase of its quarterly revenue, supported in particular by its activity in property development.

IMS again in the fourth quarter benefited from higher metals prices, which resulted in an increase of 38.9% of sales over the last three months of the leading European distribution special steels.

ASML Holding on Wednesday announced a net profit up sharply in the fourth quarter thanks to strong demand for next-generation hardware. The world leader in lithography equipment for use in the etching of printed circuits on silicon wafers, has also announced a share buyback of one billion euros over the next two years and a doubling of the dividend on fiscal year 2010, to 0.40 euros per share.

BioMerieux unveil its turnover for the year 2010 after market close.

Note that yesterday, Gemalto rose over 6.6% at the close Tuesday night after signing a large contract with Japan for mobile payment.