In six months, the global PC market (personal computer) rebounded sharply. "The year 2010 should mark a new record for the sector. In number of units sold, the market should grow 20%, around 360 million PCs. This will be a new high. And the turnover of the profession would probably exceed the historic peak of 2008, "said Ranjit Atwal, analyst at research firm Gartner.
En route to a seventh consecutive session up to the Paris Bourse. On Wednesday, the CAC 40 starts the day with a gain of 0.40% to 3652.19 points. Investors in Paris after their Asian counterparts so that this morning pushed the indices of the region.
In the rest of Europe, the mood is the same. The DAX index of the Frankfurt Stock Exchange opened up 0.39% to 6215.23 points while in London, the FTSE index gained 0.31% to 5287.28 points.
The markets are reassured about the pace of global economic recovery by the strong quarterly results from major U.S. companies. Monday, Alcoa sent a positive signal, captured well by Wall Street, which signed its sixth consecutive session.Then, Tuesday evening after the stock market, Intel announced it had completed the performance in its history with net earnings in the second quarter of 2.887 billion dollars, far above the consensus.
The reassuring news overshadowed the announcement by Moody's from a severe degradation of the note in Portuguese debt. Similarly, they overshadow the low morale of German investors, illustrated by a Zew index at its lowest since April.
Side indicators on Wednesday, investors will keep a close eye on the industrial production figures for the euro area over the months of May and the index of consumer prices in June, savings account payday loans.The United States will publish details of their sales and their weekly oil inventories.
Note that in the good mood, the euro remains above 1.27 dollar, euro 1.2703 per dollar, more precisely. The greenback lost some of its appeal as a safe haven after this encouraging start to the season results in the United States.
The technology sector at the party
From the corporate side, the day will be very quiet on July 14, national holiday. No publication or any announcement are expected.
As in Asia, the technology sector benefited from the announcement of Intel. Alcatel-Lucent (+1.37% to 2.22 euros), STMicroelectronics (2.85% to EUR 6n95) or Soitec (4.31% to 8.60 euros) grew significantly.
Requiring further attention, the reaction of France Telecom, while the group general manager, Stéphane Richard, acknowledged Tuesday for the first time the suicide of an employee as an occupational accident. The securities lost 0.07% to 15.13 euros.
After his good start in stock, Carmat still trying to attract investors and does this mean securities earning 1.72% to 22.48 euros.
The giant Google is launching in the search for flights online. The California company announced the acquisition of ITA, which specializes in software for information on air transport, for 700 million dollars.
Founded in 1996 and based in Boston, ITA has developed expertise "hailed as a catalyst for change in the travel industry online" the joint statement payday advance. "The technology opens up exciting possibilities for creating new ways for users to easily'll find more information on flights ilgne," said Google CEO Eric Schmidt.
"Aging can not around, we must assume," said Labour Minister Eric Woerth merced this morning, in the introduction to the presentation of its pension reform. A reform that the Minister of Labour wanted "responsible and fair", repeating the statements of the President of the Republic on Tuesday night. To restore the financial balance of PAYG pension scheme in 2018, the government provides multiple measures, including increasing the statutory age of retirement is the main. It should contribute to new revenue generated by 50%. In total, Bercy believes that the pension reform should help reduce the government deficit of 0.5 percentage points of GDP by 2013.
• The legal age of retirement is raised to 62 years: "It is the heart of our reform," said Eric Woerth Wednesday morning.Between 62 and 63 years, Nicolas Sarkozy has finally opted for the less radical change. But the pace of transition to the statutory retirement age will, however, at a pace faster than initially expected: four months per year from 1 July 2011, not three. In practice, people born in 1950 will be the last to be able to retire at age 60. Those born in 1951 will work up to 60 years and four months, those born in 1952 to 60 years and eight months, and so on until the generation born in 1956, for which the statutory retirement age to retirement will be set at 62 years. This implies that the reform will be implemented for everyone in 2018, not 2020. Meanwhile, the age of retirement which can reach a full pension will be increased from 65 to 67 years.A position that is both "reasonable and effective" given the increased life expectancy, argued Eric Woerth. Despite the reform, are on average three years longer to be passed in retirement because of life expectancy, he said. "If the contribution period should remain the only leverage new revenue, it would have to grow up to 47 years to get the same result.
• The contribution period will increase to 41 years and a quarter in 2013 and 41.5 years in 2020.
• The high income and capital income into play: as promised in mid-May by Nicolas Sarkozy, the easier will help shore up the unfunded pension system.
The tax households located in the top of the scale of tax on income will be taxed at 41% instead of 40%, in the name of a "solidarity contribution pension.342,000 tax households, or 1% of the population reporting more than 69,783 euros per share will be affected by this measure, which will not be included in the tax shield.
The capital income will be affected, in the form of a one point increase levies on sales and real estate. The tax credit on dividends received by shareholders should be deleted. The employer contribution will go on stock options on its side of 10-14%, saving 70 million euros, and the employee contribution from 2.5% to 8% payday loan online.
The beneficiaries of pensions hats will also implement a social contribution of 14%, which should bring 110 million euros.
In total, these measures will generate 3.7 billion in revenue.
• The hardship is taken into account: "The reform opens a new right," assured Eric Woerth. "60 years of age will retire worn by employees working." People whose health was damaged because of their working conditions (undergoing disability equal to or greater than 20% of the rent bénécifiant rofessional disease) may indeed leave at 60 with a retreat rate full, whatever their number of quarters. This year 10,000 people are expected to benefit from this new law.
Those who started working before age 18 may also retire between 58 and 60, in the condition that the statutory period of assessment over two years. In total, "over 60,000 people per year will not be affected by a departure at age 62, an unprecedented effort in Europe," argued Eric Woerth.
• The pension scheme of officials close to that of private, for estimated revenue of 4.4 billion. Officials will not be saved by postponing the statutory retirement age. The active groups (police, military …), which currently start at 50 or 55 years, will gradually raised the limit of two years. In contrast, employees of the special arrangements will be concerned that from 1 January 2017.The pension contribution rate on wages of employees, currently 7.85%, will also also gradually increased to match the term of private fixed at 10.55%. The calculation of pensions will instead retain the last six months, unlike the private sector.
• Promote the employment of older workers: "From 60 years, the participation rate of French is the lowest in Europe," lamented Eric Woerth. "The postponement of the age will increase the rate of mechanical activity." In order, however, the influx of seniors in the labor market does not result in an influx of additional unemployed, the Minister of Labour announced on Wednesday "an employment subsidy a year for the unemployed over 55.The development of mentoring remains another lever that the government wishes to promote.
• Improving women's pensions, farmers and unemployed: For maternity leave does further lower the mothers' pensions, the daily allowance paid during maternity leave will now be included in the earnings base for calculating pension. For farmers, the rules of the minimum pension will be reviewed, so that those who have contributed little to the minimum pension of 709 euros. As for the unemployed not receiving benefits, the number of terms validated by solidarity in order to prepare for retirement will now 4 to 6.
"Look at the presentation of the reform by Eric Woerth:
The euro continued its fall on Monday and slips under the threshold of 1.19 to 1.1894 dollar against the euro early this morning, a first in over four years. The single currency also fell back against the Japanese currency, the euro fell to its lowest level in over eight years, listing at 108.35 yen against 110.01 yen on Friday evening.
The cause new concerns about the financial situation of Europe after the alarmist claims in Hungary on the country's economic situation where the deficit would exceed 7% of gross domestic product (GDP) while the official estimates evoked 4 5%. A scenario that is eerily the premises of the crisis in Greece.
The economic and monetary instability in the euro zone single currency also weakened. But European leaders are willing to intervene.French President Nicolas Sarkozy and German Chancellor Angela Merkel met today in Berlin to strengthen their ties and cohesion policies. If both appear on the same line in terms of regulation, the outlawing of the regulators or the taxation of banks, other topics are still under discussion as the degree of budgetary austerity.
However, the Luxembourg Prime Minister Jean-Claude Juncker reassuring. The latter said yesterday that the euro is not undermined. Questioned on TV5 Monde, the president of the Eurogroup has explained that while "money appears very weak in the eyes of the markets," in reality "it is not because our fundamentals are stronger than those of Japan and the United States United.
Markets dive again s'nquiètent of the euro and the situation in Hungary.The Tokyo stock market declines and 4% in mid-session on Monday.
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Meeting in Brussels, the Heads of States of the euro area have finally approved the activation of the financial assistance plan 110 billion euros to Greece three years. According to several government sources, the leaders have also discussed the establishment of a fund to help countries threatened to defend the euro. The European Commission could contribute in the form of loans to the tune of 70 billion euros. The European Central Bank (ECB) will also participate.
"Attack of the market is now against the euro and individualized assistance to any country may give an insufficient response of Europe, the priority is a unified response, firm and fast," said one in particular these sources on condition of anonymity.
If agreement seems to have been found on Friday on the need to establish a sustainable mechanism for defending the single currency, the heads of states still fail to agree on every detail. "The discussion focuses particularly on the role of the ECB," said a source close to the talks
Pressure on ECB
All eyes are turned to the ECB effect. The other track would be mentioned that the latter buys bonds issued by states of the euro area, to provide them in exchange for cash. According to these same diplomatic sources, the European Commission would currently pressuring the ECB to make sense in a concrete proposal to support the euro area.
On Monday, the ECB announced it would accept the Greek debt as collateral for its loans, regardless of their credit ratings.Extending this unprecedented step for all countries in the euro area "would be a strong signal to markets" would have said the president of the European Commission Jose Manuel Barroso. But on Thursday, the ECB said it had not considered.
At the meeting this Friday, the president of the European Central Bank Jean-Claude Trichet, have estimated that the eurozone faced a "systemic crisis" easy payday loans.
Tighten fiscal discipline
The euro zone leaders agree at least on the need to tighten fiscal discipline. A commitment to ensure that "Greece is not only to reduce its deficits, but that we work so that all the Stability and Growth speedy again respected," said German Chancellor Angela Merkel in Brussels.
Leaders also stressed the need for better coordination of economic policies in the euro area. Finally the sixteen Heads of State and Government reiterated their determination to "move quickly on the regulation and supervision of financial markets. They also insist on the creation of "a European rating agency.
Barack Obama supports the EU
Moreover, since the White House is that Barack Obama supported the European heads of state on Friday. "I made it clear that the United States supports these efforts and will continue to cooperate with EU authorities and the IMF during this critical period," he said, after talks with Angela Merkel.
American concerns grew at the same time as the market stress.Wednesday, Charles Plosser, a leader of the U.S. central bank (Fed) has assured that "the economic recovery of the U.S. could be delayed by a further turmoil in financial markets. Recent events in Greece are one of the factors likely to influence the evolution of the U.S. economy. "
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A denied "categorically". Fabrice Tourre, a trader at the heart of the case heard Goldman Sachs on Tuesday by U.S. lawmakers, denies all charges against him and issued against the bank by the SEC, the U.S. financial policeman. In his written testimony, he denied the charge of the market authority that it did not inform investors of the nature of complex financial product he had created, the Abacus AC-07 1. He also denied the fact of not having told investors that Goldman Sachs had authorized the manager hedge fund Paulson & Co in selecting portfolio securities included in the Abacus betting on depreciation.The SEC alleges including Paulson & Co have put in the pocket more than one billion dollars in capital gains through the operation, almost the total amount of losses incurred by investors who bid on Abacus.
Fabrice Tourre himself "surprised" and said he never told the ACA, the media company that acted as an agent of selection underlying portfolio of 07 Abacus AC-1, that Paulson & Co take share or buying a long position in the Abacus. "I do not remember the exact words I used at that time," admits Fabrice Tourre but he claims to have suggested to the ACA, Paulson could be involved in the transaction without being an investor. "If the ACA was not insured on this point, she had every opportunity to clarify the subject."
"We lost money too"
Fabrice Tourre said he never intended to mislead "two of its two major customers, the ACA and the German bank IKB No checking account payday advance. "When Goldman Sachs told investors that ACA had selected the titles referenced in Abacus, this statement was absolutely correct," said Fabrice Tourre.
Contrary to qu'assurent members of the Subcommittee investigation ongoing U.S. Senate, the transaction Abacus, "was not designed to fail". He said Goldman Sachs had no economic interest in seeing it fail. "We lost money too," says he, advancing "an amount exceeding 100 million dollars."
A polluted river
In his testimony, Fabrice Tourre appreciates being able to defend itself against these "false accusations". "These past weeks have been difficult for me and my family. I have been the subject of unfounded attacks on my motives, "he says.
Things get tough for him, as for the other leaders agreed Tuesday. In opening the hearing, Sen. Carl Levin, chairman of the subcommittee, did not mince his words regarding the Goldman Sachs "who took advantage of the collapse. "As the polluters who put the poison into a river, they have integrated the risky products in our financial system and polluted," he acknowledges. He does not forget to pass the role of credit ratings agencies "who with their triple A have to believe that the water was drinkable.
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Adeus Portugal! Carrefour prepares to leave Portugal. According to our information, the number two global distribution has taken the decision to sell the 524 hard discount stores it operates locally under the brand Minipre?o. The French group is preparing to start the transfer process. Contacted by Le Figaro, his spokeswoman declined to make comment. The Portuguese are attached to Minipre?o Dia hard discount branch of Carrefour.
Last year, its turnover reached 915 million euros, down 0.9% compared to 2008. This development has been permitted by opening 26 new outlets. At comparable number of stores, sales fell 6.8%. If it was buckled, this sale would mean the end of the adventure Carrefour Portugal, where the group was present since 1990.In July 2007, the group had already sold for 662 million euros twelve hypermarkets, whose turnover reached 530 million euros so.
Tough day in prospect on Tuesday for users of the station. The strike, announced in early March, began on Monday to 20 hours and causing disruptions throughout France. Traffic forecasts for Paris and its suburbs show a movement of 65% of TGV, from 35% to 75% of ESTs, 50% for Transilien, and 50 to 60% for Corals. Southern Railroad said that the railway traffic will be "virtually nil" on the region of Paris-Est.
For international TGV (Eurostar, Thalys, Lyria, Aleo), traffic is normal.
Moreover, disturbances depend on actions by the five trade union confederations (CGT, CFDT, FSU, UNSA and Solidaires) who called officials and employees to strike. Four of them (UNSA, CGT, Sud, CFDT) actually filed notice of strike for the day.
"These trades meet, region by region, the levels set by the Act of August 21, 2007 on social dialogue and continuity of public services in the transportation of passengers, for his part said the SNCF. The latter recalls that "every note outlines the valid period will be used in any train traveling on that day, but can not guarantee seating. Travelers preferring to cancel a trip involving a train reservation for this period may do so without charge at the counter.
3 metros of 4
For its part, the RATP, three metros of 4 circulating in Paris early Tuesday morning, and 90% of buses and trams, 95% of RER A, but only a RER B to 2, according to a spokesman for the RATP.For the RER B, the interconnection Gare du Nord station with the suspended cash advance no fax .
From one point of movement performed at 6:15, "traffic is almost normal" on the Paris metro network, "with 3 to 4 metros," said the spokesman, noting that "the line is the most impacted line 10, with 2 to 3 metros.
On the RER "zone RATP", "traffic is almost normal on the RER A, with 95% of trains insured, while for the RER B" train runs of 2, with interconnecting suspended at the station North, "the source said.
Finally, "the traffic of buses and trams is about right, 90% confidence," he added.
Back to normal scheduled at 8 pm Wednesday
Traffic should return to normal for all trains on Wednesday at 8 o'clock.Meanwhile, the station offers two websites (www.sncf.com for all trades and forecasts for www.abcdtrains.com Transilien per station) and hotlines (0805 90 36 35 for Main Lines and TER and 0805 700 805 for Transilien) for more information.
A radio also updates every 15 minutes in traffic (Radio station to listen from the SNCF Direct application on smartphone and on all station websites).
To recall, the unions called the strike to demand "concrete answers" on employment, purchasing power, pensions and working conditions. Workers Power (FP) refers to the scroll and employees to strike to defend pensions.
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Last week, young bloggers rubbed shoulders with fashion editors of major newspapers in the forefront of the parades of ready-to-wear in Paris. Appearing a few years ago, the phenomenon of fashion blogs, yet dispersed long ago, is being structured. Evidence of this trend, the arrival in France of U.S. website Glam Media, which proclaims itself the number one female audience coverage on the Internet, with 76 million unique visitors in the United States and 164 million worldwide through its declensions Great Britain, Germany and Japan.
Upon his arrival in France, he announced to start with two million unique visitors. Glam is an "object Web unidentified. He does not content itself but on its pages aggregates the blogs to which he refers by links.In France, it begins with a fifty partners, such as fashion trend or Betty's blog.
Half of the turnover
It covers topics related to clothing, beauty, luxury or entertainment female. With this reach, it sells for blogs concerned advertising space and retains 50% of turnover. "There is no real competitor. We are a kind of thematic superpertinent Google "tries to summarize Orianne Garcia, its director of marketing and communications. The famous founder of the site Caramail mails in 1997 heads the French branch alongside Jean-Pierre Levieux, CEO, founder of MSN France in 1996.
Brash.com for men
Glam Media was founded in the United States in 2003 by Samir Arora, 44, Net entrepreneur of Indian origin. After ten years at Apple, he founded several start-ups in California.Glam Media is defined as "a pioneering media vertical. Beside the site Glam.com female he created Brash.com for men fall 2008 and Tinker.com, a specialized search engine on Facebook and Twitter. Objective: to capture the audience of social networks booming.
The opening of the French subsidiary following a fundraiser for 50 million dollars. Other groups seek to federate the blogs. In France, the popular site Aufeminin.com began to incorporate in its pages. Some advertising agencies have started to commercialize this disparate audience to advertisers, as Bang Blog, a subsidiary of Publicis, which also has its consumer portal.