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The vote was taken freehand. The National Assembly on Friday passed the relief measures of the solidarity tax on wealth (ISF) contained in Section 1 of the supplementary budget (supplementary budget Ed.) 2011qui door for the tax reform Heritage .

Threshold at 1.3 million euros

This article provides for the abolition of the first tax bracket to the ISF by raising the entry threshold of 800,000 to 1.3 million euros of assets. This measure should allow taxpayers to exempt 300,000, which corresponds, according to the government, owners of a principal residence whose value has soared because of the explosion in property prices in recent years.

Two rates of 0.25% and 0.5%

Section 1 provides further reduce the progressivity of the ISF. The schedule now has six units which techniques are applied six rates ranging from 0.55% to 1.80%.If the text is finally adopted by the Assembly and the Senate, it restr only two tax brackets: 0.25% for those whose assets do not exceed 3 million euros and 0.5% where the estate is greater.

This Friday, the resumption of debate, an amendment allowing a small reduction in ISF extra part dependent children has been strongly denounced by the left. In detail, the amendment of the rapporteur Gilles Carrez UMP plans to "increase the amount of reduction for each dependent from 150 euros to 300 euros, including adult children who are studying business card. "Interesting," said Budget Minister Francois Baroin, who relied on the "wisdom" of the Assembly. "You have no shame.It's outrageous, "launched the PS deputy Christian Eckert, denouncing" 150 euros reduction for people whose assets exceed $ 1.5 million, even though the school year allowance is granted conditionally for income below 23,000 Euros.

On June 14 the Senate

The reduction of the ISF is the corollary of the abolition of the tax shield, a key measure of quinquénat adopted in 2007 which provided for the tax cap to 50% of revenues.The fate of the latter, under section 13 of the supplementary budget will be sealed within hours or days ahead, examining the text to run until Tuesday, June 14, the date set for the formal vote and Transmission of the Senate.

(With agencies)

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Laurent Wauquiez expressed confidence Monday in throwing a "healthy debate". The group's European Affairs Minister in the Assembly, the "social rights" must file "within 10 days" a bill to force RSA recipients to "take" five hours a week of "social service". Also planned, capping the "accumulation of all tested benefits at 75% of SMIC," and the requirement for foreigners to have worked at least 5 years in France in order to qualify. To justify its offensive, Laurent Wauquiez denounced "abuses of welfare" as "the cancer of French society." But his proposals divide his own camp.

On Monday, the national leadership of the UMP had welcomed a "significant contribution" to the next party convention on "Social Justice", June 8According to the MP-Valérie Rosso Debord, Deputy Delegate General of the UMP, these proposals are "common sense" and "should help to maintain a link between the person seeking work and the workplace."

But Tuesday morning, Laurent Wauquiez has been reframed by François Fillon himself. During breakfast the majority, at the Elysee Palace, the prime minister criticized the release of his minister. Criticism he repeated before the UMP deputies, meeting in the Assembly: "I'm not sure we need to subject all the reforms that fate has subjected the tax shield" in the process of be removed during the tax reform."Do not destroy it strives to balance" the quinquennium of Nicolas Sarkozy and "we should not discredit the reform of RSA," Francois Fillon has called yet.

Minister Roselyne Bachelot Solidarity, François Fillon close, which recalls in a statement it is "in charge of this matter," says his side's proposal Laurent Wauquiez present "difficulties of principle and implementation . She said it had already formulated his objections to the person "at a depth interview." In response to the arguments of the Minister of European Affairs, she recalled that the device provides "an important difference exists between the RSA and the minimum wage." The minister writes that she finally submit "ideas for improving the system to the President of the Republic", while an assessment mission on the SSA must issue its findings in July.And Labour Minister, Xavier Bertrand, embarrassed, did not express.

Hirsch: "This idea does not hold water"

More severe, Marc-Philippe Daubresse centrist member of the leadership of the UMP party, said on lepoint.fr "very surprised that this proposal is a total ignorance of the reality on the ground and irresponsibility." "I am responsible (Secretary General) and the UMP in charge of a mission entrusted by the president on this issue," says the member of the North was responsible for leading, June 8, UMP convention on "social justice".

The father of RSA Martin Hirsch, former Secretary of State in the government of François Fillon, became outraged Monday night on France 2, the idea of ​​"cons RSA hours."All the moves are not allowed to face the vulnerability of people," he said after being denied the "false things" who "sow doubt among the French." "This idea does not stand a single second when one takes into account seriously," he added. "If these things were implemented, it would begin to work without pay recipients of the RSA. But then we would look for all employees, canteen staff, cleaning any part of the French and they would say, 'now working for free', or worse, your work will be taken because someone will do it free in exchange for a social allowance '. "

CFDT: Laurent Wauquiez "frieze with the extreme right" The words of Laurent Wauquiez provoked an outcry among many associations.The National Federation of reception and reintegration (Fnars) oppose a debate "corny and demagogic." "The cancer society is not the assistantship, but unemployment," replies the minister Uniopss, which includes the major associations of health and social sector. "The five hours of social work is proposed aimed at people who can work, but who first need a job, or to people who can not work and who need social support" , Bruno Grouès analysis, special advisor to the leadership of Uniopss. The national movement of the unemployed and precarious (FFDM) has accused the minister of "stigmatize an entire segment of the population." "This speech is dangerous," said Lawrence Berger, the national secretary to the CFDT.For the union, adding counterparts to take advantage of RSA is "suggest that the unemployed would be profiteers," while "these are people who are victims of the crisis and mass unemployment recurring."

Even indignation on the part of opposition parties. The Socialist Party first secretary Martine Aubry has denounced a draft "shameful." "To say that people who live on the RSA are people who have their arms dangling waiting and are very happy to be of assistance, it really does not know the reality of things," said she. PS The member of Essonne, Manuel Valls, criticizes proposals to "designate the unemployed, those who benefit from RSA as responsible as the perpetrators, as the scapegoats of the crisis."Jean-Luc Melenchon, co-chair of the Left Party, said he was "appalled" by these "measures absurd, cruel and unjust" that "aim to show people the finger" and "hunt down and say 'you want to do anything, lazy' . Communist MP for Marie-George Buffet, the government tries to "round up the electorate of the extreme right in pointing to the French who live on handouts". Judgments shared by François Hollande: "After stigmatized abroad and opened a debate on national identity, the government is now the weakest in the debate to get the votes of the Front National." Laurent Wauquiez moves to the right Marine Le Pen, "adds Cecile Duflot, national secretary of Ecology-The Greens Europe.

The FN reacted Monday, but not in the sense of Laurent Wauquiez."The French are not assisted! Crisis (child policy of Nicolas Sarkozy) and the current policy makes it essential to protect the state can make to the poorest, "writes in a statement Wallerand de Saint-Just, a member of the executive bureau of the party. While also indicating that the FN, he, would grant "more means-tested benefits to foreigners."

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In the small world of luxury hotels, it's an earthquake! Following a final meeting Thursday morning, the "jury palace" has unveiled the list of top luxury hotels, a distinction created to emphasize "excellence in French." He did that eight chosen: the Bristol, the Meurice, the Park Hyatt Paris-Vendome and the Plaza Athenee in Paris, the Cranberries and Cheval Blanc in Courchevel, Hotel du Palais in Biarritz and the Grand Hotel du Cap-Ferrat in Saint-Jean-Cap-Ferrat. Three legendary hotels in Paris does not form part of this selection: the Crillon, but the approach of heavy work, he had not applied, the Ritz, however, candidate, although it also requires a major renovation; Finally and most importantly, the George V, regularly voted the best hotel in the world!

This unexpected finding has created shock and controversy. "I have a bitter taste of victory in the mouth.Especially as the Ritz and the George V are not in the list removes all credibility distinction, "said François Delahaye same, boss of Dorchester including two hotels, Le Meurice and Plaza-Athénée, yet have received the distinction. "For those who know the hotel is unthinkable to consider that the George V is not a palace. The jury must be explained except to discredit the distinction of office, "responded Gabriel Matar, director of Jones Lang LaSalle Hotels France.

New session in November

"The jury has set the bar very high and the first eight palaces are undeniable, for his part said Christian Mantei, director general of Maison de la France.There will be future sessions in which the hotel just opened may apply, as well as those now under construction. "

The jury judged the candidates on subjective criteria, having verified that they had already met all the objective criteria established by Trump France, the promotion agency of France (room sizes, number of suites, a spa presence , number of employees by customers …).

"All decisions were taken by a majority of the ten members of the jury, said the academician Dominique Fernandez, president of the jury cheap credit report. The Hotel du Palais in Biarritz was unanimous. We visited eleven hotels. The Negresco in Nice with no hot tub, it could not be a candidate. The hotels are excluded, the Ritz and the George V in Paris, Lana in Courchevel, does not fully meet our requirements. But there was about them heated debates.They may represent themselves. Another session is already scheduled for next November. "

"All those who have been recognized fully deserve it," said Hubert Joly, board member and CEO of Carlson. Thursday, the winners also welcomed. "You can be young and palace, welcomed Jauslin Michel, president and CEO of Park Hyatt Paris-Vendome, which opened in 2002, rue de la Paix. "We had the know-how. This distinction allows us now know, on both the Paris and abroad. " "This award gives us more visibility internationally and it will not change our pricing policy, says Séverine Pétilaire, president of the Cranberries in Courchevel, which opened only four months a year. Our average prices are higher than 3500 euros a night.These are the highest in France and among the highest in Europe. "

The number one flunked

If the Ritz declined to comment, the George V, was astonished. "We do not understand. We have no explanation, laments Christopher Norton, General Manager of the hotel. The jury to tell us that we are not up to me puzzling. Our reputation is so solid. For years, we are regularly ranked first hotel in the world. Continuously, we reinvest 6 million euros per year to maintain our palace! "

The George V, owned by Saudi Prince Alwaleed and is managed by Canada's Four Seasons, was completely rebuilt between 1997 and 1999. He is currently undertaking the work of "beautification" (carpet, wallpaper and decorating).In January, The Gallivanter's Guide to the George V was ranked number one in Europe and worldwide.

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"We will try to pass the big gap: to provide a wide range for all types of customers, low prices and downtown," said David Guilluy, director of Auchan City, the latest of group. By visiting the new mall area St. Kitts, the people of Tourcoing be the first to find out what type of store, which "is not a smaller version of the hypermarket," said the manager.

Smaller (4000 m2) a hyper, Auchan City offers 25,000 products anyway, a thousand local items. "We've adapted our offering.Textile range was reduced to underwear, while we propose a satisfactory choice in hardware, preferring to make more room for shelves school supplies, food and cosmetics, "explains Emile Sanchez, who oversees the range of non-food store.

In the world of green apple Auchan City, they are fresh products that are kings presented in the stands and highlighted at numerous events, strawberries, cheese and other fish should be given to some 5,000 customers daily expected the impression of strolling through a market.

Back to site

"We want to give pleasure to shop and prefer that the customer comes time to choose rather than try," said Emile Sanchez, recalling one of the main criticisms of hyper.This thinking explains the new organization of the rays, where the electric toothbrush alongside its classical variant, but where the different price ranges – discount store brand, national brand and organic – are included in the same radius.

"This is our opening symbolic because Auchan back where he was born fifty years ago," says Gerard Muller, who had opened his first store between Roubaix and Tourcoing "to sell products cheaper." Its offensive in the city center coincides with that of its competitors, who develop small areas. Auchan, building on a larger area as it continues to do for its hypermarket shopping area, invents a different business model yet. 16 million euros have been spent on this new concept."We will decide a second opening after only one year test," warns David Guilluy.

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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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Prepare the re-election of Barack Obama or Facebook IPO? Cruel dilemma that faced by Robert Gibbs. The former spokesman for the White House had left his post in February to work on re-election of Barack Obama in 2012. But now he has been approached by Facebook, which wants to expand its communications team, a few months of its IPO, said the American daily New York Times. Planned during 2012, it promises to be one of the largest IPOs in history. Robert Gibbs, whose salary is in the millions of dollars, would receive shares at that time.

While negotiations are still at an early stage, the former presidential adviser would have consulted several colleagues of the White House on this proposal Facebook.This transfer echoes a previous transfer of skills between the team of Bush and that of Mark Zuckerberg: in 2008, one of the co-founders of Facebook, Chris Hughes, had defected to join the campaign team Barack Obama and fly it on the Internet, including the social network My.BarackObama.com.

While oil continues to surge, Asian stock markets continue to plunge. The Tokyo Stock Exchange is preparing to close a third straight session on the downside. The Nikkei 225 Index, which still loose 1.19% to 10,452.71 points at the close on Thursday, losing about 3.5% since the beginning of the week. A performance-cons also linked to the rise of the yen, the dollar-yen has fallen about 1.5% in a week. 82.03 yen a dollar symbol.

In contrast, China's financial markets are fairly resistant, backed by the coal industry. Indeed, investors expect that the surge in oil prices spur demand for alternative energy sources. Suddenly, the Hang Seng Index in Hong Kong as the CSI 300 Index of Shanghai are stable at 22,923.90 points and 3176 payday loans.04 respectively points.The Taiwan TAIEX index gained 0.15% to 8541.64 points.

Conversely, the KRX 100 Index lost 0.59% to 4165.88 points, the S & P / ASX 200 Index dropped 0.76% to 4809.30 points, the BSE Sensex 30 Index coward 1.52% to 17,902 points and the FTSE Straits Times Index is in equilibrium at 3000.86 points.

Crude prices have reached levels not seen for two years Thursday on markets in Asia, supported by the surge of violence in the Arab world and particularly in Libya, a major producer of black gold, analysts said. In morning trading, a barrel of light sweet crude for April delivery gained $ 1 to 99.10 dollars. That of Brent North Sea crude for April delivery has appreciated by 85 cents to 112.10 dollars.

Within hours of the opening of the summit of finance ministers of the 20 richest countries on earth – Friday and Saturday in Paris – the negotiations are intensifying behind the scenes. Berlin has made several gestures of good will on Wednesday, indicating the voice of a senior official of the Ministry of Finance argued that Germany "active efforts of the French presidency." The change is noticeable on one of the flagship projects of Paris, which would result, by Saturday evening, a common definition of economic indicators to be shared within the G20.Last November, in Seoul, the U.S. Treasury Secretary Tim Geithner, had struck the Germans and the Chinese hostile to his proposal to limit to 4% deficit or surplus in the current account.

"Do not stigmatize the poor performers

Berlin now seems more open to this question, suggesting that an agreement could take place during the weekend. According to German government sources, the G20 countries have compiled a list of five indicators to measure imbalances: the current account balance, real exchange rates, budget deficits and debt, foreign reserves and rates of private savings. "It is likely that the ministers approved" list of indicators of economic performance, thermometer, the source said.Berlin considers that these indicators will be "to enjoy in their entirety, and in association with each other. However, Germany remains opposed to what the G20 sets quantitative targets specific to each country. Paris did not intend at first. "Fall first agree on the indicators, then it will be great to spend time each country to the screen, taking care not to stigmatize the poor performers," says Christine Lagarde, French Minister of Economy.

The United States, for now, are more reserved. "It was expected that during the first half of 2011, the IMF identifies those indicators. Then, during the following months, as we proceed to evaluate them … We should, in Paris, have an additional discussion on this topic at the technical level payday loans. But there will be no agreement so early in the year, "says one Washington.Tim Geithner should show booked, also on the question of regulation of commodity markets, the second major project led by France. "We agree to strengthen market mechanisms, but not to supplant the market," says one Treasury recalling that in the Dodd-Frank legislation on financial regulation (adopted last year) are already provisions helping regulators to ensure that markets are not manipulated.

On this question, France will find Brazil on its way. "Brazil is totally opposed to the mechanism of control or regulate the prices of commodities," said Finance Minister Guido Mantega during a press conference.He warned that even these measures could "adversely" by curbing supply.

"Two Camps"

Latest issue of potential conflict, the issue of currency, although it seems less sensitive that a few weeks. "Since the announcement by China of a gradual adjustment of the parity of the yuan, we see a bilateral real appreciation against the dollar at an annual rate equivalent to 10% … So yes, there is progress, but the Chinese currency is always underestimated, "admits one American side.

Japanese Minister of Finance outlined Friday morning, a G20 divided in two. "My impression, based on discussions of the working group, which countries are now divided into two camps," Yoshihiko Noda advanced.He added: "It is not clear that countries agree on all the indicators but I think that agreement on some of them is possible."

China said Friday it is not binding rules, but only indicative. She does not wish to see included levels of exchange and reserves. Beijing agrees to include the public debt and private savings. It is also ready to be included in the trade surplus instead of the current accounts.

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So that opens Monday at the Mobile World Congress, high mass annual telecom, Barcelona, major European operators go on the offensive. "The alarm clock rang operators. We now have a clear vision of the challenges faced by our model. We are determined to go on the offensive, "says Stéphane Richard, CEO of France Telecom, Le Figaro.

The "G5", this informal club which meets the five major European operators (Orange, Vodafone, Telefonica, Telecom Italia and Deutsche Telekom), met this morning in Barcelona. First concern is the increasing traffic by 18 on the fixed and mobile networks within four years the network congestion threatens. To avoid saturation, operators have to invest heavily … and fully intend to share the bill with those who are the primary beneficiaries: YouTube, Google and others."For years, compensate operators naturally flows exchanged between them is the system of peering. What they sent about what they were getting compensated. But this system has experienced since the flows are completely unbalanced for two years due to the explosion of video. Some players who are behind the explosion of traffic must be willing to help finance the investments needed to route this traffic, "insists Stephen Richard.

Another concern is the lack of competition in the shops of applications. "Competition in telecom has always been seen by Brussels in terms of infrastructure and networks. Today, there is another reality: the arrival of new players like Google and Apple, "says Stéphane Richard.And example is the Read & Go application, developed by Orange and various publishers, behind Apple to allow on its online store. "This practice is acceptable?" Interrogates Stéphane Richard. It will meet in Brussels.

Netting on 4G

The five major operators should also announce a better coordination on mobile contactless or NFC, with a launch expected this year. "Contactless will bring out new services and our customers. They can use their mobile as a payment card, such as ticketing, such as badges for access to buildings or as a transportation tag. Orange aims NFC 500,000 customers by the end of the year in France and the integration causes many of these new services without contact from the SIM card. The market is ripe now, "says Stéphane Richard.Orange is also announcing today an agreement with Samsung for the upcoming European launch of a new NFC-enabled mobile.

The CEO of France Telecom is very proactive on the fourth generation of mobile, "it is inevitable that changes to the 4G. Orange is ready to participate in the tender in France. What bothers me is neither the timing nor the principle of a high reserve price (the government wants to recover 2 billion of licenses to be issued in France in the summer, Ed), but problem is to increase the stress on operators when they are asked to invest heavily. Operators will face a fourth operator in a mature market, "he says.

And the beautiful game operator to point the proliferation of taxes, the latest being the recovery of VAT."In crude, we had a lot of termination, but this represents a net lost few customers. Because the vast majority of customers who cancel a subscription at Orange resume here. In any case, those who still thought that there was insufficient competition in the market were able to verify the bitterness of the fight, "says Stéphane Richard.

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Better than an official statement, an absence confirmed on Friday the Berlin waving speculation since Wednesday. The head of the Bundesbank, Axel Weber, was omitted from the Economic and Financial Advisory Franco-German gathering in Berlin, the German finance minister, Wolfgang Schäuble and his French counterpart, Christine Lagarde.

Since announcing his candidacy to the surprise withdrawal of the European Central Bank (ECB), which has overtaken Angela Merkel, the media do not broadcast in unison more than a single image: that of a man sweating big drops … As if the events of recent days had revealed a personality nerves too fragile to guide the euro out of the storm.

Axel Weber was called on Friday afternoon at another appointment, at the Chancellery in the presence of the Minister of Finance. It was for the Chancellor to push him toward the exit as quickly as possible.The president of the German central bank will leave office April 30, for "personal reasons". "His successor will be announced during next week," says a statement from the Chancellor very dry, which contains no shorthand praising the work of the President of the Bundesbank.

Jens Weidmann, 42, economic adviser to the Chancellor, who defends, as Weber, a monetary policy ultrarigoureuse, is the favorite to succeed him as "Buba".

Weber announced Tuesday night at his colleagues in the Executive Board of the Bundesbank, he renounced his ambitions to the ECB.He lamented a lack of clear support from the Chancellor in recent months, while his candidacy aroused opposition from several countries including France because of its monetary conservatism.

Liberals pledge to

For Berlin, put this former professor of economics at the helm of the ECB, was to guarantee the stability of the euro and thank you without a fight against inflation, which remains for the Germans absolute evil since the Great Depression of 1923. Within the coalition government, the appointment of Weber allowed to give pledges to liberal FDP and temper their opposition to an enlargement of the European financial stabilization (FESF). Now, Merkel may be forced to be even more intransigent on the issue of deficits to satisfy his allies in the FDP."This is a severe blow to Angela Merkel and a disavowal with respect to its European policy, has accused the leader of the opposition Social Democrats in the Bundestag, Frank-Walter Steinmeier.

Merkel now finds itself extremely impoverished. "Germany has little money makers with the right profile" to take the reins of the ECB, the daily economic Handelsblat t. The name of Klaus Regling, president of FESF, is often cited, but he has no experience of central banking. He's chief economist Juergen Stark also the ECB, but his candidacy would raise legal problems because he is a member of the Executive Board of the ECB.Friday, at the end of the economic council, Schäuble said that Berlin had never insisted that there be a German candidate for the presidency of the ECB …

Berlin could be forced to support the president of the Central Bank of Luxembourg, Yves Mersch, or the Bank of Finland, Erkki Liikanen, to bar the way to the Italian, Mario Draghi, a former Goldman Sachs. For his part, Weber saw that the media already succeeding Joseph Ackermann, the head of Deutsche Bank, could be forced to review its ambitions. The tenors of the CDU and FDP "advise" the biggest German private bank hiring Weber, considered "unstable."For its part, the opposition called for a "waiting period" of three years before the former president of the central bank can take the direction of a private bank that was responsible for overseeing.

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