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The events in Libya amplify the concerns of motorists regarding the evolution of crude prices. Thus, the survey of ViaVoice over 70% of French people believe that higher pump prices will continue in the coming weeks. Fuel prices have increased on average by 17% since January 2010.

Faced with these developments, the French government decided to react by increasing tax deductions enjoyed by many consumers who use their vehicles in the workplace. A 'revaluation of 4.6% flat rate mileage applicable to 2010 income tax "was proposed Tuesday by Prime Minister Francois Fillon. Nearly 5 million consumers could benefit.

Contribution of oil companies estimated at 100 million euros

To finance the tax deductions from motorists hit by rising fuel prices, the Energy Minister Eric Besson account the contribution of oil companies. It would be assessed "around 100 million euros," said the ministry statement paperless payday loans. This contribution has been "encrypted services Baroin," Budget Minister, Eric Besson said on the sidelines of a conference on oil in Paris.

A meeting between professionals refining and representatives of the French government is expected next Monday. Minister of Energy and the Economy Minister Christine Lagarde and Secretary of State for Trade Frédéric Lefèbvre with oil companies will define the modalities of this contribution, intended to mitigate rising fuel prices in France.

In the statement released Tuesday after the announcements of the Prime Minister on the regulation of energy prices, UFC-Que Choisir describes the contribution of "drop of water to a sea of ​​expectations", adding that the commitment of France "seems very thin."

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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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The U.S. stock market should open sharply lower on Tuesday amid a worsening nuclear crisis in Japan that affects all of world stock markets on Tuesday del'Asie to Europe. Futures on Standard & Poor's 500 and Nasdaq 100 retreat respectively of 2.28% to 1261.10 points from 2.27% to 2337.50 points. On Monday, the New York Stock Exchange ended down slightly as the market tried to assess the consequences of the violent earthquake that hit Japan, especially in the energy and nuclear power: the Dow Jones lost 0.43% to 11 993.16 points, the Nasdaq 0.54% at 2 700.97 points and the Standard & Poor's 500 fell 0.60% to 1 296.39 points.

The nuclear crisis has deeply aggravated in Japan.Explosions have occurred in particular in reactors 1 and 3 at the Fukushima, raising fears of an accident majeur.Un panic immediately swept the Tokyo Stock Exchange, sparing no sector. The Nikkei index plummeted by 10.55%. The Topix, which is composed of companies more oriented towards the domestic market that the Nikkei, consisting mainly of multinational companies, for its part, plunged 9.47%.

On the foreign exchange market, the euro appears to lower: about 11:00 am in Paris, the euro bought 1.3859 dollars against 1.3985 late Monday.

In this context, macroeconomic statistics should be further sidelined. Unemployment figures for the fourth quarter are expected and the United States and the import prices for February and the activity in the New York area in March.However, investors remain particularly attentive to the meeting after the close of Wall Street, the U.S. central bank (Fed). The latter should indeed take stock of its monetary policy in a climate of significant improvement in the U.S. economy tempered by concerns about international news. Long anticipated, the FOMC meeting held four days after the devastating earthquake and tsunami that struck Japan on Friday. The Fed's decision, however, should not be so affected by this tragedy whose negative effects on the U.S. economy may be only "weak", according to Ian Shepherdson, economist at the Institute HFE.The attention of the leaders of the Fed should be upheld by the situation in the Arab world, particularly in Libya.

The side of values, the high technology sector should undergo the full brunt of the devastating effects of the disaster in Japan. These groups may indeed soon be deprived of electronic components from Japan following the closure of many factories in the islands.

The energy sector related to nuclear power should also be further battered as the crisis in Japan could jeopardize the global development programs of this energy faxless cash advance. General Electric, which supplied the reactors at the Chernobyl nuclear Japan Fukushima 1, the victim of several explosions, would still suffer the wrath of the market.Titles such as Constellation Energy, Duke Energy or Pacific Gas & Electric could also be affected.

Other sectors are also found in the front line, like luxury with titles like Tiffany.

Yesterday evening, Manulife Financial has confirmed that the amount of refunds related to the earthquake of 11 March in Japan should not exceed 150 million Canadian dollars after taxes and should not impact the company's annual results significantly.

Always on the side of values, the U.S. electronic stock market Nasdaq is preparing to launch a hostile bid to buy back its rival NYSE Euronext, promised to Deutsche Börse, said Monday the Wall Street Journal and CNBC financial channel.An offer from Nasdaq certainly provoke the intervention of competition authorities, while an alliance with NYSE Euronext would create a very dominant issue in the U.S. market, noted Wall Street Journal.

After the close on Wall Street last night, E * Trade Financial has announced the appointment of Peter Knitzer, former president of Citibank North America, as Vice-President and President of E * TRADE Bank following the departure Retirement of Robert V. Burton.

Also note, Apple announced it had sold nearly one million digital tablets iPad 2 during the first weekend of marketing in the United States, a symbolic milestone that the first version of the iPad was put in 28 days to reach , analysts said.

The computer group Hewlett-Packard (HP) announced an increase of 50% to $ 0.12 in its quarterly dividend from MayIn addition, the company will develop a full range of services computing cloud (cloud), which will complement its offering of hardware, from servers to PCs. Starting this year, said CEO Leo Apotheker at a day presentation of its strategy, five months after taking office, HP intends to open an "app store" available online.

KBR won a contract for the supply of licenses, basic engineering and training for an aniline plant with a capacity of 360,000 tons per year, located in the Chinese province of Inner Mongolia, belonging to Inner Mongolia Chemical Industry Connell.

Texas Instruments (TI) said its manufacturing site to Miho about sixty kilometers north of Tokyo, had suffered substantial damage after the earthquake that hit Japan.Restarting production is scheduled from May.

While China has already provided support to European countries struggling with debt problems, such as Spain or Portugal, it could again give them a boost. The central bank governor, Zhou Xiaochuan, said on Friday that "despite difficulties in some European countries, China supports strong to overcome their budgetary difficulties and succeed in their economic recovery."

Moreover, Zhou Xiaochuan said China is "very confident in the euro area and its ability to overcome the crisis. What about European countries in difficulty, the governor said: "We have confidence in their economic prospects." A response to the wave of downgrades by Moody's sovereign these days, that hit Greece and Spain.

China pledged last year to support the euro zone countries face the rising cost of sovereign debt, worsened by U.S. rating agencies. The Spanish daily El Pais had reported in early January that the Chinese government planned to buy six billion euros of debt in Spain. In December, the Portuguese daily Jornal de Negocios wrote that Beijing was ready to buy five billion euros of debt Portuguese. At the end of last year, the chief economist of the bank Natixis, Patrick Artus, had considered buying Chinese Greek debt to several hundred million euros. Beijing has never confirmed any of these amounts.

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Optimism is back this Friday on the Paris, following the CAC40 was in the red all week. The benchmark index in Paris opens up 0.48% at 4029.07 points. Yesterday, Thursday, despite a slight improvement, the index in Paris ended on a fourth session of declines, amid political tensions in Libya and soaring oil prices. Since the beginning of the week, the Paris index was down 3.55%, but reaching back to the symbolic 4,000 mark.

The trend is reversed so this morning's speech on OPEC's likely response in case of disruptions in oil supplies has restored color to the Asian stock markets. Yesterday's meeting was hesitant to Wall Street, but lower indices has been limited. The Nasdaq has even increased from 0.55% to 2738 points.

Even optimistic about other places Europen, the FTSE-100 index of London Stock Exchange gaining 0.28% during early trade, to 5936.29 points. For its part, the DAX index of the Frankfurt Stock Exchange advance more cautiously, 0.13% to 7139.88 points.

Little news on the macroeconomic front

So investors will keep their eyes fixed on the political situation in Libya and the risk of contagion to other challenges big oil producing countries. Side of macroeconomic publications, the news will remain limited.

Few significant indicators across the Atlantic on Friday set apart from the publication of the index from the University of Michigan on consumer confidence for the month of February (3:55 p.m.).

In France, INSEE published a fall in consumption of the French in January.Business failures for the month of September 2010 will be known at noon.

Side currency, the euro climbed against the greenback Friday, crossing the threshold of $ 1.38, supported by speculation about a rate hike from the European Central Bank next week to stem inflationary pressures, according to traders . At 8:00 in Paris, the euro bought 1.3821 dollars against 1.3797 dollars on Thursday night.

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CGG Veritas: 8.63%, to 25.86 euros

The oil services group announced Friday a net loss for the fourth quarter due to special charges related to its plan to improve profitability.The group is free cash flow positive 2011.Il said its industrial investments and multi-client should reach 600 million dollars in 2011.

EADS – 2.70%, to 20.21 euros

The aerospace manufacturer lost the tender for the delivery to the U.S. Air Force, 179 tanker aircraft, after the invalidation of the previous contract awarded in 2008. It was eventually awarded to rival Boeing, but the European manufacturer has 10 days to appeal on this contract of 35 billion dollars.

Thales: 0.79%, to 26.85 euros

Ten days after a profit warning, the specialist defense electronics, aerospace and security, has published annual results sealed by provisions amounted to 721 million euros related to contracts as underachievers 'Military Transport Aircraft

Saint-Gobain 3.57% to 42.23 euros.Largest increase in the CAC40

The building materials group aims to accelerate its organic growth this year, in line with the rebound in activity recorded in 2010, driven by industry demand and buoyant emerging markets. Its CEO, Pierre-Andre de Chalendar also put on a strategy of acquisitions more aggressively.

Valeo: + 5.39%, to 43.02 euros

The automotive supplier has returned to profitability in 2010 and resumed the payment of a dividend for the year past. He expects an improvement in its operating margin in 2011, driven by buoyant U.S. and Asian automotive markets.

Eiffage: 1.16%, to 40.82 euros

The company intends to renew growth in 2011 after a third consecutive year of stagnation in sales, concessions have yet to offset the sluggish construction.

Aeroports de Paris: 1.05%, to 63.46 euros

The group announced Thursday the results confromes expectations with growth of 5% of its Ebitda to 927 million euros in 2010. By 2015 it wants to increase by 40% in 2015 compared with 883 million registered in 2009. Its sales rose 4.0% to 2.739 billion euros in 2010 – despite an almost permanent traffic – and net income group share grew by 11.3% to 300 million.EPA anticipates a recovery significantly higher than expected air traffic in 2011 which should enable it to accelerate slightly the growth of its revenues and EBITDA.

Air Liquide: 0.44%, to 92.28 euros

The gas giant said Thursday night that a financial institution entrusted the mission to assist for the realization of part of its share repurchase program authorized by its shareholders last year, within a million titles.

Sanofi-Aventis: 0.28%, to 49.45 euros

The lab announced Thursday the approval and completion of the acquisition announced in October 2010, Chinese BMP Sunstone, for 520.6 million dollars ($ 10 per share). The transaction will allow it to create a platform for public health in China, strengthening its presence in emerging and non-prescription drugs, two of its major growth drivers.

After the close, the Bel cheese will also publish its annual turnover.

All observers are on the lookout: store traffic will she go in to this Wednesday, the first day of sales? As tradition dictates, the economy minister, Christine Lagarde and Secretary of State for Trade Frédéric Lefebvre, gave the kickoff event this morning at 8 am, flying in large Parisian department stores, first in the Galeries Lafayette and Printemps. They should be emulated by 300,000 visitors this Wednesday at Galeries Lafayette, and 150,000 visitors are expected through the doors of Spring. More generally, 85% of French people intend to participate in sales that begin today for five weeks, according to an Ipsos survey conducted for the National Council of Shopping Centers (CNCC).BVA about 67%, reflecting but also a real craze.

And for good reason, Frédéric Lefebvre believes that the balances are "now a budgetary necessity for millions of French. All the French out of the crisis. Moreover, the snowfall creates a very high expectation. "

The 2011 winter sales will be in effect all the more important that sales have been hampered by snow during the holidays, as well as deliveries, which helped to increase trade inventories. However, stocks are an important input in the dynamic balances.

Incentive scheme

And on the merchants, especially those of clothing, the stakes are also high: the turnover on the first day of the discount period is one of the most important year for large signs.Printemps Haussmann, for example, has traditionally run in the first day of sales in the amount of daily sales record. Until the end balances, set this year to 15 February, the business generated is the second largest after that of holiday season.

Everything is implemented to encourage the French to consume. It must be said that consumption is particularly bleak in France instant payday loans. In December, households' opinion on the economic situation worsened by 3 points, according to Insee. To mark the kick-off balances Christine Lagarde has justified maintaining the floating balances to boost consumption throughout the year.

For its part, the association "by Paris Shopping", with the support of the City of Paris, is mobilizing to encourage fashionistas to go to stores by offering shopping itineraries and walking free on board electric tricycles . The operation, launched in 2007, also aims to attract international tourists in the capital, month traditionally low for hotels.

The French plan to spend 219 euros in stores

On average, these followers of balances to spend 219 euros considering their purchases in stores, according to the BVA poll. If the intentions of the French materialize, the numbers will increase over the last markdown when the French spent an average of 199 euros.

The online trade is also affected by this downbeat trading.Two out of three Internet users are about to do because the sales on the Internet, according to the survey by Fevad Federation (e-commerce and distance selling) and Directpanel Research. On average, users were expected to spend 180 euros for their purchases on sale on the Internet.

It must be said that significant discounts are becoming the norm even in this first day of sales. In shops, the awards should be 20% to 70% and online sales, lower prices could reach 90%. And discounts should go crescendo until February 15, the day end balances. Until then, Happy shopping!

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At least for employment, 2011 under the auspices looks a bit better than 2010. If unemployment figures have rather played with a yo-yo last year, registering sometimes downward, sometimes upward, the trend should start to reverse in 2011. After a number of job losses record for forty years in 2009, the upturn has a restart sluggish job creation from the beginning of 2010: the first three quarters of the year 74,000 jobs were created according to the latest figures from INSEE in the market sectors. A figure far short of the 334,000 jobs lost during 2009 alone, and that was not enough to compensate for new entries into the labor market, and hence to a lasting reduction the number of unemployed registered at employment center.

In 2011, this time the situation should improve, but slowly.Forecasts of relatively weak growth, an uncertain economic environment and a context of fiscal restraint may lead to a very gradual reversal of the job market. Especially in 2009 and 2010, the adjustment of the workforce was less important than would suggest the magnitude of the economic crisis, surprised economists. "The measures implemented by the government and the rigidities inherent in the French labor market have helped cushion the impact of the crisis on the labor market," said Axelle Lacan, an economist at Credit Agricole. With a corresponding improvement less straightforward once the downturn started.

Lower productivity firms

Job creation seen early in the year 2010, however, leave some analysts wondering. "The early resumption of employment raises questions," said INSEE."Either the companies have not completed their adjustment and should continue to destroy jobs, or they have lost productivity," says Matthew Plane, an economist at the French Observatory of Economic Conditions (OFCE). If OFCE, rather pessimistic, expects a dark new year on the employment front, INSEE, in its note of economic, leans towards this second hypothesis. "Given the magnitude of the shock suffered during the crisis and the increased uncertainty, it is possible that some companies have delayed the implementation of new production methods more efficient workforce," the judge statistician.

Given a "horizon of uncertainty and caution of industrial, employment center in early December judged that the use of non-temporary" should not really bounce in the coming months. "Depending on different assumptions of growth, new jobs are expected to vary between 45,000 and 130,000, said the public institution. But "whatever the growth assumptions, the number of job seekers is expected to fall" in a range between 19,000 and 109,000 for the first three categories (A, B and C), predicted employment center. More optimistically, Unedic expects a decline of 128,000 job seekers in categories A, B and C. Although according to the Council for Strategic Analysis, employment should not regain its pre-crisis levels by 2015.

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The Tokyo Stock Exchange finished up 1.51% Tuesday, investors rushing on Japanese values after losses charged yesterday in a gloomy climate in all Asian markets. At the close, the Nikkei gained 154.12 points to 10,370.53 points and the Topix broader took 7.66 points (0.85%) to 906.21.

The volume of transactions was low a few days holiday season, with only 1.61 billion shares traded on the primary market.

Investors ignored a slight rise in the yen against the dollar and have focused on major exporters, encouraged by the rebound in Chinese markets have fallen the previous day amid fears about credit availability.

The easing on the Korean peninsula, which has experienced a resurgence of tension Monday, has also promoted trade.

On the values front, Sony Corp has taken full advantage of this appetite for value and export finished up 2.73%, while Mitsubishi Motor rose 2.5%.

Alstom wants to score points on the Russian market. "We will meet with French companies to tender for the Russian authorities intend to start at the end of Spring 2011, said Sunday Bernard Gonnet, regional director of Alstom in Helsinki, capital of Finland, during the inauguration of a fast train between Helsinki and St. Petersburg. Alstom and the French consortium will be candidates for new high speed of 600 km linking Moscow to St. Petersburg in less than three hours.

Alstom is also associated with its Russian partner TMH, the first Russian manufacturer of trains, which will take 25% stake. TMH and the French group have formed a strategic partnership in 2009. Alstom will also open a production line for trams TMH plant in St. Petersburg."We decided to install the production of streetcars throughout the Commonwealth of Independent States, said Bernard Gonnet. It is the world's largest market for trams. "The Russian cities are to replace trams 4000 and will open new routes.

"All mayors or governors meeting that I now want to return trams, because they saw that it was an intelligent response to the car," said Bernard Gonnet low interest rate personal loans. Alstom plans to produce in Saint Petersburg Citadis a version of its flagship tram, adapted to the local market.

Fleet of trams

The French group wants to offer including the Nadzemny Express, a modern tramway that will link St. Petersburg to its airport, but also for the renewal of the fleet of trams in the Russian city – which was until recently the largest network in the world – , Moscow."We have the expertise because we produce a third of trams in construction worldwide. TMH has complementary expertise in addition to a factory, "commented Patrick Kron, CEO of Alstom.

While stating that the group had decided to challenge before the British courts and the European Commission's purchase of ten Eurostar trains to Germany's Siemens, Alstom's chief executive said his group teamed with to win the SNCF TGV contract in Saudi Arabia, and he had just signed on Friday, the contract with the Moroccan TGV SNCF President Guillaume Pepy. "This is not because there is a problem with Eurostar there is a war with the SNCF," insisted Patrick Kron.

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The Minister of Industry and Energy, Eric Besson said Sunday the closure "imminent" in a "first step" of the capital increase of the nuclear group Areva, with a participation of KIA's sovereign wealth fund Kuwait, which will join the French state.

"For the first step in the recapitalization of Areva, is imminent," said Eric Besson on Europe 1, but without being able to say whether the transaction would be announced "within a few hours or a few days." The proposed recapitalization of the nuclear giant steps, it is true, a scenario in rebounding. The operation appeared to be impossible before the end of 2010, after abandoning the assumption Mitsubishi. Thursday, Christine Lagarde, economy minister, however, had suggested she had a "plan B" through further negotiations with the Kuwaiti Fund.

New round likely in 2011

Eric Besson would not disclose precise figures, while the press has talked in recent days, a total of around 750 million euros, in which governments could contribute up to one third, the balance being Supported by Kuwait.

He also left the door open for another round in 2011, which could then be part of Qatar's sovereign wealth fund, with which the negotiations have so far foundered, and the Japanese group Mitsubishi Heavy Industries (MHI). Areva has in fact over 10 billion euros for its development. About 5.5 billion is already entered into the coffers with the sale of T & D investments (Safran, Total …).To this sum must be added about 600 million euros if the sale to the Strategic Investment Fund (ISF) of the 10.9% stake in STMicroelectronics succeeds.

Asked about the possible participation of EDF and Alstom in this second phase, Eric Besson said that "obviously the president has ruled out any line of work."

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