Also involved, the various properties of the billionaire, whose Arros Island, Seychelles including the purchase in 1997 from a family member of the Shah of Iran for $ 18 million, n ' had not been declared quick payday loans.Lawyers for the heiress of L'Oreal, however, would lead the negotiations to try to reduce the amount claimed.

Third fortune of France, Liliane Bettencourt has assets estimated at 14.45 billion euros. Since investment trust in October, its assets are managed by his daughter Francoise Bettencourt-Meyers and her two grandchildren, son.

Other European markets followed the same trend. The London Stock Exchange rose 1.03%, the Frankfurt from 0.55%. The place was awarded Milanese 0.74%. Of the European indices, the STOXX 50 was up 1.37%. On Wall Street, the Dow Jones gained 0.21% in session and the Nasdaq 0.64%.

An hour before the close, Silvio Berlusconi, won a vote to test the Chamber of Deputies with the abstention of the opposition. However, he lost the absolute majority and is thus a little more fragile still.The group reported before trading a net profit, down nearly 31% to 622 million euros, but above expectations fast cash advance. The bank also decided not to distribute a dividend to its shareholders for the year 2011 to strengthen its capital base without recourse to the market and public money. In its wake, other bank stocks also rose as Credit Agricole (0.82% to 5.14 euros) and BNP Paribas (1.79% to 31.32 euros).

Lagardère (-6.19% to 18.49 euros), with sales falling almost 6% in the third quarter, down for the second time in less than three months its earnings forecast for 2011 .

Thales (0.74% to 25.30 euros) confirmed its targets for 2011 and 2012. Sales for the nine months stood at 8.61 billion euros, down 2%. The advocacy group also just to get along with Safran on an asset swap.

"Although we are not going to a referendum, which was never an end in itself (…), I welcome the position of the opposition party of the right" who was willing to ratify Parliament's approval of the euro area of ​​27 October, said George. Papandreou to the Cabinet, said in the statement.

He stressed that "the question of the participation of Greece in the euro area was taken for granted" and that the challenge was to ensure the implementation of the anti-crisis plan developed by the euro area in Brussels last week.

Lufthansa, KLM and Aeromexico have conducted experiments of this type, but Air France has combined the use of biofuel and all means of reducing its CO2 emissions. This is an operation of "teaching and outreach," according to Bertrand Lebel, Executive Vice President for Sustainable Development of Air France KLM.

To make half as much C02 as a classic flight, Air France has played on several tables. First, it has reduced the weight of the aircraft short-and medium-haul (seats, trolleys, trucks …).Then, the pilot chooses a path optimized and continues without remedy to the rise and descent. A European project, named Cesar, was launched to generalize better traffic management and trajectories. To be deployed in Europe, 20 billion euros will have to be invested in Cesar.

Besides the weight and trajectory, the use of biofuel, supplied by SkyNRG, a subsidiary of KLM, is the major focus of this demonstration. "KLM has the chance to control the whole chain of its refueling, which is not our case," says Bertrand Lebel. Air France executives make no secret of its suppliers of kerosene engines are not in the desire to diversify the sources of fuel. "We have received support from Airbus in Toulouse in order to organize the supply of this unit.In Paris, we could not do that. "Half of the fuel used on this flight is the result of recycling of waste oil. The company chose not to use fuel from agriculture. "We do not want the biokerosene be in competition with food," says Deputy Director General. In addition, Air France will join the CEA to open in the Meuse a biofuel produced through the use of forest waste.

Permits to pollute

Air France is far to consider a generalization of the experience: "The company will not be able to use the best bio-fuels by 2020," says Bertrand Lebel.At this date, biofuel will not represent more than 2 to 4% of airline demand.

Another important measure to reduce CO2 emissions, the use of permits to pollute under a European directive which comes into force is set to January. It will apply to European airlines and companies in the world who will enter the European space. Some fear retaliation. Thus, China Southern is negotiating to bring its A380 between Paris and Shanghai, which would allow its partner Air France KLM to do the same. But if EU legislation is too restrictive, China Southern may prefer to Sydney to Paris.

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A week ago, however, after an operation of mediation between the parties led by René Ricol, the Deposit and Dexia had agreed on the outlines of the deal: the CDC should buy Dexia Municipal Agency The vehicle refinancing loans from Dexia's long-term form of bonds, for a price estimated at 250 million euros. So business savvy. But the data have changed in the day Saturday, Dexia reassessing its estimate to 380 million.This morning, without targeting specific operation Dexma, Pierre Mariani reaffirmed its determination to defend the interests of the bank and its shareholders.

Another crystallizes the tension between the French public institution and its subsidiary to 20%: the definition of liability guarantees granted by the latter to the former in connection with the operation. Due to insufficient data, the investment committee of the Caisse des depots, while conscious of the urgency has given an advisory opinion but negative on the operation hours of the board of the Franco-Belgian bank.

Simple adventures of a complex negotiation and tense? Recalled to the rescue Saturday night, Rene Ricol has at least reconfirmed the terms of the consensus snatched the previous weekend. The subject should again grow rapidly.We need it to maintain the balance of the scheme to dismantle and symmetry of the actions of both sides of the Franco-Belgian border.

Beijing, which was ready in early to invest more in Europe to diversify its three trillion dollars in reserves, could turn back if the situation does not improve quickly. "If Europe continues to dither, the situation can get worse. Foreigners who wish to help will not dare and the euro area will disintegrate.This would be a disaster for Europe and the world, "said the daily.

Nicolas Sarkozy will discuss with Angela Merkel

At the opening of Summer Davos Forum, Chinese Premier Wen Jiabao, however, had expressed his confidence in the euro zone leaders business card design. "China believes that the European economy can bounce back," he explained. Support has already been taken in Greece, Portugal, Spain, and Hungary.

Friday, Nicolas Sarkozy, who met Greek Prime Minister George Papandreou, has again reaffirmed the determination of Paris and Berlin to support the country in which the probable default of most concern global investors. This last debate "in the coming days" with Angela Merkel of the rapid implementation of measures decided on July 21 to stabilize the euro area.For its part, Greece has called an extraordinary cabinet meeting of his government on Sunday.

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Two complaints last year

In addition, the profiles presented by PagesBlanches were not automatically updated business card. So that those who deserted Facebook saw months later, still exhibited their picture in the online directory …

Two people alerted the CNIL and filed a complaint last year. In June 2010, the Data Protection Commission has carried out inspections.The PagesJaunes had then argued that the collection was lawful. Because users choose to deliver the information on social networks and have the opportunity to limit access to their profiles. If they do not, they accept, in a way that their data public Internet, called the directory.

An argument rejected by the CNIL, which estimates that this information is public course on the Net, but that does not allow "a third party to conduct a massive collection, repetitive and undifferentiated data without informing the persons concerned" . Especially adding the lawyers of the CNIL, the PagesJaunes are not "search engine". These can aggregate data from the Web.Google also displays the Facebook profiles are not protected, that people have not always aware of this exhibition.

After months of training, and although the book has meanwhile suspended the service, the CNIL, which has changed its chairman, has finally decided to punish the PagesJaunes. "Given the sensitivity of the service (…) the number of people involved in the service in question." And also to warn users of the possible fate of their data on the Net.

The President of the General Council of Seine-Saint-Denis since 2007 fought first for his department. Claude Bartolone has discovered that he had contracted in 2008, led by Communists, many loans have become toxic. Thus, a debt of 953 million euros, the joint may have to pay a premium of about $ 300 million over the next ten years because of toxic loans contracted between 1997 and 2008."The equivalent of building a school year," criticizes Claude Bartolone. "And that amount could be even higher," said the MP. In fact, some of the loans contracted by the municipality are indexed to the Swiss franc and interest rates can reach 50% depending on the evolution of the franc.

Most disturbing is that the department of Seine-Saint-Denis (93) is not alone in this. MP PS refers to "hospitals, small towns or communes, departments, ports such as port of Le Havre" and "communes of all political stripes like Saint Etienne, Rouen, Saint Maur or Saint Tropez."

According to Claude Bartolone, "the total amount of toxic loans granted to public entities be around 15 billion euros of which would be 5 billion of potential losses low interest rate personal loans."

"Banks can not not pay"

MP PS is clearly concerned the role of banks. He said "they are responsible for the explosive situation in the French subprime" where thousands of municipalities are now over-indebted. Indeed, it is satisfied that they have not fulfilled their code of ethics. "They had a duty to inform and how their customers customized uninitiated" or the quest for profit seems to have guided more banks. Thus, the President of the General Council 93 filed a complaint against Dexia, Depfa and Calyon (Credit Agricole). The court should rule in October. But even Claude Bartolone said that "banks can not avoid paying." The MP also believes that "the whole chain has failed." The state has not applied a circular on the prohibition of structured products and regulatory authorities have also failed in their duty.A helping hand of the state can not be excluded.

Otherwise, "the local authorities would be forced to raise local taxes, reduce investment and jobs." And technically if the failure of a local community is not possible, it can be put under the tutelage of the state as was the case of Angouleme, said the chosen PS.

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The rating agency also advanced a weak growth of Spain and fiscal slippages in some areas of the country, adding that it would present risks, burdens on efforts to reduce deficits, which have recently been undertaken by Madrid .

Highlighting the challenges that the Spanish government will face for fiscal consolidation and improving the fiscal situation of the Spanish provinces, Moody's has given the banking regulator Spanish Fondo de Reestructuración Ordenada Bancaria (FROB) a rating Aa2, providing a possible degradation of the latter in the future.

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Note, in this session, the VIX implied volatility index, also called fear index, rose 6.6% during the session at 22.73 and just reacted to what is wanted "reassuring "European officials.

Greece still under surveillance

The situation in Greece is also likely again to engage the attention of investors before the publication of a new round of macroeconomic indicators expected on Friday. Originally scheduled Thursday, the redesign part of the Greek government has intervened in the morning. In a final attempt to resolve the political crisis gripping the country, Prime Minister George Papandreou announced the formation of a new government. The name was the most anticipated of the new finance minister.This will be the former Defence Minister Evangelos Venizelos, who is also Vice-Premier, announced Friday a spokesman of the Greek government.

Efforts that do not seem to convince the Fed chairman, Alan Greenspan, who said in a television interview Thursday night that a lack of Greece was to him "almost certain".

On the foreign exchange market, the euro is falling against the dollar. To 11 hours in Paris, the single European currency was worth 1.4189 dollars against 1.4209 dollars on Thursday night. Oil prices also retreated during the session. A barrel of Brent North Sea crude for August delivery was trading at 112.72 dollars on the Intercontinental Exchange (ICE) in London, down $ 1.30 from the close of Thursday.In electronic trading of the New York Mercantile Exchange, a barrel of "light sweet crude" (WTI) for delivery in July let go $ 1.54, to 93.41 dollars. It fell earlier to 92.12 dollars, its lowest level since late February.

United States, on the macroeconomic front, investors will monitor the indices of consumer sentiment and leading indicators that will be announced in mid-afternoon.

RIM, in line with expectations

The side of values, the U.S. bank Capital One said Thursday after the close of Wall Street that it would buy the Dutch bank insurer ING's U.S. subsidiary of ING Direct online bank for $ 9 billion in cash and shares.Under the agreement, ING Capital One pays $ 6.2 billion in cash, together with some 55.9 million shares of Capital One, estimated at about $ 2.8 billion.

The Canadian group Research in Motion (RIM), listed on Wall Street, manufacturer of BlackBerry smart phones, said Thursday after market close a net profit of 695 million U.S. dollars, in line with expectations, but sales below market expectations for its first quarter.

Also note, the U.S. Treasury said Thursday it planned to recover about 36 million in bringing to market some 2.85 million shares of Bank Central Pacific Financial held.

Orders for medium-haul aircraft should carve out the lion's share at Paris Air Show, in particular the re-engined Airbus A320, whose commercial success increases the pressure on Boeing for a decision on the future of 737, the 'best-selling commercial airplane in the world.

The title of the internet radio Pandora Media should still be very surrounded. Thursday, it fell by almost 23.88% for its second day on the stock market, and coast now below its IPO price.