Posts Tagged ‘special’

Renewal of Nuclear Eldorado or mirage?

March 8, 2010 - 3:26 pm Comments Off

It is the global rush on atomic reactors. Nicolas Sarkozy opened Monday morning an international conference on access to civilian nuclear technology that would bring together a thousand participants including some forty foreign ministers and the new Director General of the IAEA (International Atomic Energy Agency), Japan Yukiya Amano.

Not less than sixty States have shown in recent years with the Vienna their desire for nuclear reactors to generate electricity. "The expectation in these countries is very strong," said an organizer of the conference. Iran and North Korea, which have violated their international obligations, have not been invited to Paris, unlike Syria and Libya.

Click on image to enlarge.

Berlin completes his tax plan antifraudeurs

February 7, 2010 - 12:56 am Comments Off

Angela Merkel has found his political instinct thanks to German tax evaders. Criticized since the inauguration of his new center-right government in late October for his lack of leadership, the chancellor has imposed against the will of its partners liberal FDP and the barons of his party, the CDU, the purchase files containing the names of thousands of taxpayers who have hidden assets in Switzerland. The German opinion ranks behind Merkel's opinion and personalities of all political gradually overcome their moral reservations about buying stolen data, to endorse its decision.

100 000 taxpayers

According to the Süddeutsche Zeitung, citing sources close to the investigation, fraud could be much more massive than was originally estimated.After studying hundreds of cases randomly draws the German tax authorities now believes it could recover up to 400 million euros. According to several sources, the data come from the second Swiss bank, Credit Suisse, also reaffirms the daily despite the denials of the institution. In addition, an "internal estimate" of the bank can show that up to 100 000 taxpayers German practice of tax evasion in Switzerland, for a total of 34 billion Swiss francs (23 billion euros), says Süddeutsche Zeitung cash till payday .

Internal documents from Credit Suisse from 2004 might suggest that "over 80% of all Germans who deposit money into accounts at Credit Suisse, Switzerland, German tax authorities to conceal the proceeds of their interests" .An informant offers to sell the files to the German government, for 2.5 million euros a bargain defended the more convinced by the Chancellor that some fraudsters have engaged in concealment amounting to several million euros. "I think there is a common interest in the information. Tax evasion is not a crime chivalrous, "said Friday, the Chancellor.

Legal experts have now the treasury verified all the legal implications related to the purchase of the list, and the way is clear for its acquisition. Fraudsters have only a few hours to withdraw without risking additional sanctions.

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"Berlin will buy the secret Swiss bank

The Paris Bourse remained in negative territory

January 27, 2010 - 6:13 pm Comments Off

The CAC 40 fell back into the dark red. After a morning spent in sharp decline, the index in Paris was trying to recover. The index began in Paris plunges more clearly in the red at mid-session.

Around 1530, ACC fell 1.26% to 3.7591,15 points.

"The results of U.S. companies in 2009, better than expected, are completely ignored by markets that focus on three issues: Obama and his banking project, the re-appointment of Ben Bernanke to head the Fed and the organization of economic slowdown China by the Beijing authorities, "said Xavier de Villepion, fund manager at Global Equities.

This decrease in the overall rating takes place amid concerns over banks, while in Davos, experts discuss the modalities of regulation put in place in this sector."Investors fear that they reduce their size or they are prohibited from carrying out activities on their own funds," says Alice Lhabouz, manager Turgot Asset Management.

The morale of French stable consumption in Germany decreased

The publication this morning by the INSEE, a stabilization of the morale of French households had no impact on investors. The moral of households has remained virtually unchanged in January, the indicator is measured taking 1 point to -29 points, sharply up from the lower reaches in late 2008 but still below the average of the last fifteen years.

From the industry side, INSEE also announced that "the balance of opinion on the overall demand in the fourth quarter picked up strongly, thus approaching its long-term average.For the first quarter 2010, demand prospects remain however below the average long-term view of industry expectations.

The corporate failures of August 2009 will, they are known in 12 hours. After Exchange, 18 hours, Pole employment must disclose the number of requests and offers of jobs in December. Globally, the International Labor Office (ILO) has provided figures on employment depressing. "The number of unemployed worldwide reached almost 212 million in 2009 due to an unprecedented increase of 34 million compared to 2007, the eve of the global economic crisis," says the ILO.

In Germany, consumer prices fell 0.6% in January, posting a year increased 0.5%, said Wednesday the Statistics Bureau of Land. In December, prices had risen by 0.8% over the month as the year.

In the United States, all are attentive to the conclusions of the Monetary Policy Committee of the Fed that interest rates will at 20:15. Before that, Americans will unveil the promises of home sales in December (16 hours) and the weekly oil inventories (16:30) free business cards .

Risk arbitrage STMicroelectronics

As for values, STMicroelectronics reported Tuesday after market loss of $ 70 million in the fourth quarter, or 8 cents per share, against a loss of $ 366 million (42 cents per share) a year earlier. But this figure is below expectations of analysts.In exchange, having been one of the few titles CAC 40 to receive up to the opening (0.82%), the action was down in red, mid-session: — 1.20% to 6.03 euro).

Apple must introduce a new product on Wednesday the United States. It should be a new eBook reader electronic touch and connectable to the Internet. France Telecom (-0.53% to 16.77 euros) through Orange and Vivendi (-1.51% to 19.25 euros) via SFR should look at the new "toy" of the Apple brand.

Thomson (-2.82% to 1.03 euros) meets on Wednesday a special general meeting to discuss the restructuring of its debt and the adoption of its new name, Technicolor.

Spir Communication (-1.23% to 21.71 euros) on Tuesday reported a further decline in sales in the fourth quarter, down 11.4%.

Rusal, the Russian mining group, is listed first in Paris and Hong Kong.The group was not well received on the Chinese markets. He lost 10% in early trade. Investors have booked him in Paris the same cold reception: the title lost 11.10% to 17.70 euros.

Areva (-2.24% to 338 euros) and GDF Suez (-0.44% to 28.08 euros) would be full discussion for several months to conclude a partnership in nuclear power, confirming a report in Les Echos. Cependat No information has been taken in this regard.

Klepierre (-2.91% to 26.66 euros) Tuesday announced a turnover in 2009 increased by 22.6% to 246.5 million euros.

AXA (-0.77% to 15.40 euros) recorded an increase of 11% of its turnover in 2009 to 24.5 billion euros.The growth was 14.5% in life insurance.

Inter Parfums (+0.83% at 18.12 euros) for its part, announced a turnover down 6.2% at constant rates for 2009 to 259.2 million euros.

M6 (-0.03% to 19.12 euros) Lafuma (+0.33% to 11.99 euros) should publish their figures for the fourth quarter after market close.

Eiffage (-1.64% to 39.38 euros) will publish its balance sheet in 2009.

Note that the bank this morning are especially misguided: BNP Paribas (-1.04% to 52.15 euros), Credit Agricole (-1.35% to 11.71 euros) and Societe Generale (-0.85% to 43.15 euros) saddled the index, in a heated in Davos.

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"The Asian exchanges still sluggish

Car sales at the highest since 1990

January 5, 2010 - 10:26 am Comments Off

This is the highest level since 1990. In total, more than 2.268 million new registrations were recorded in 2009 against 2.050 in 2008 according to figures released Monday by the Committee of French Automobile Manufacturers (CCFA). Sales of new passenger cars rose by 10.7% in raw data in 2009 compared to 2008. December to sign a noteworthy performance. In that month alone, the new car registrations in France rose by 48.6% from December 2008 to 228,451 vehicles. It was the eighth consecutive month of increases.

Regarding manufacturers, the Renault group that makes the best sound of the game's pin registrations totaled 566,240 cars in 2009, up 14.9% over 2008. The Renault brand is up 12.5% over 2008 to 505,521 vehicles.Dacia, the Romanian subsidiary of Renault, which truste third place cars most reliable according to a survey UFC Que Choisir, has gone to 60,719 copies, an increase of 39.5% compared to 2008. For December alone, group sales jumped 94.3%. Bernard Cambier, which argued that these figures before publication in micro BFM on Monday morning was not far short.

In the second place manufacturer, PSA Peugeot Citroën sold 717,485 cars in 2009, up 13.3% over 2008. Peugeot has sold 377,665 models (+9.8%) against 339,820 for Citroën (17.4%). The PSA group sales rose 35.3% in December.

Hyundai is the foreign brand that recorded the strongest growth in 2009: +24.8% to 42 663. Then came Nissan's partner Renault (+20.2% to 45,899 cars) and Ford (+17.8% to 145,066 vehicles).

Scrapping bonus and bonus Green

In a difficult economic environment for the sector, this figure is the unexpected achievement. The area owes its hi in 2009 to support strong measures undertaken at the height of the economic and financial crisis. The automotive sector is crucial for the French economy, then appeared as a major potential victims of the crisis.

The French government had introduced a scrapping bonus of 1,000 euros for the replacement of vehicles over 10 years, as part of its recovery plan of 26 billion euro, introduced in December 2008. The reduction of this premium, which rose from 1,000 to 700 euros on 1 January, said the accelerated rise in registrations recorded at the end of 2009.

This new reacted positively sector securities on the Exchange.Renault signs the strongest increase in the CAC 40: 4.56% at 37, 85 euros, while Peugeot is 1.71% to 24.07 euros.

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"Renault is full of orders for 2010

Morale still low industrial

December 19, 2009 - 1:23 pm Comments Off

For the third consecutive month, the French industrial morale remains very low in December. The synthetic indicator of business climate has stabilized at 89 points, down one point compared to November, INSEE said on Friday. The long period average is 100 points.

Chilling, INSEE noted that "the reversal indicator" sense "to detect the earliest possible time the industrial economy turns around," came "in the area indicating an economic downturn."

Business leaders note much of the sector increased their activity increased and stocks far below their level a long period, but observed a deterioration in their global order books and abroad. Their production forecasts are less good.

"The personal perspectives of production are less well oriented in November.The industrial and anticipate a slight slowdown in the coming months, "notes the INSEE.

The index had rebounded after the spring after a low of 69 points in March.

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Total new setback for Iraq

December 12, 2009 - 2:32 pm Comments Off

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

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

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

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

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France: a PMI to its highest since January 2008

October 27, 2009 - 1:48 pm Comments Off

The flash composite PMI index, which integrates the services and industry, has reached the highest since January 2008 to 58.4 against 54.8 in September, said Markit Economics (preliminary). This strong growth away permanently index the 50-point threshold above which economic activity is expanding.

The manufacturing index rose to 55.3 against 53 in September, its highest level since November 2006. The services index gained 4.6 points to 57.8, its highest level since February 2008. These publications are above analysts' expectations.

"France has a real resurgence of growth that seems fairly well distributed between industry and services, businesses and consumers," judge Chris Williamson, economist at Markit Economics. "We are at a level consistent with GDP growth of around 0.6% quarterly," says he.

Note that employment records its 17th consecutive month of declines.

The monthly survey of Markit and Company executives and buyers from France (FASC) is made from 750 companies in industries and services. The final indices will be published November 2 for industry and 4 services and the composite.