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	<description>never say never</description>
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		<title>Wall Street ended the week on a note hesitant</title>
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		<pubDate>Sat, 12 May 2012 00:24:09 +0000</pubDate>
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		<description><![CDATA[Presidential in major cities Paris &#124; Leeds &#124; Lyons &#124; Toulouse &#124; Leeds &#124; Sheffield &#124; Liverpool &#124; Bordeaux &#124; Lille 
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			<content:encoded><![CDATA[<p>Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille </p>
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		<title>Volatility in commodities</title>
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		<pubDate>Thu, 10 May 2012 07:40:09 +0000</pubDate>
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		<description><![CDATA[Presidential in major cities Paris &#124; Leeds &#124; Lyons &#124; Toulouse &#124; Leeds &#124; Sheffield &#124; Liverpool &#124; Bordeaux &#124; Lille 
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			<content:encoded><![CDATA[<p>Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille </p>
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		<title>The &quot;march of steel&quot; ends at the Eiffel Tower</title>
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		<pubDate>Sat, 07 Apr 2012 02:16:11 +0000</pubDate>
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		<description><![CDATA[ 
 Blast furnaces Florange the Eiffel Tower, it took them a week and a half walk. The steelworkers ArcelorMittal steel plant in Florange (Moselle), left foot on March 28 of Lorraine, arrived Friday afternoon under the Eiffel Tower. The end point of &#34;the march of steel&#34; to &#34;defend their jobs with people.&#34; 
 The 17 [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Blast furnaces Florange the Eiffel Tower, it took them a week and a half walk. The steelworkers ArcelorMittal steel plant in Florange (Moselle), left foot on March 28 of Lorraine, arrived Friday afternoon under the Eiffel Tower. The end point of &quot;the march of steel&quot; to &quot;defend their jobs with people.&quot; </p>
<p> The 17 walkers, unionized or not, have traveled over 300 km and symbolically ended their march at the foot of the &quot;Iron Lady&quot;, made of steel of Lorraine. &quot;Guys, this is who?&quot;, They started showing the Eiffel Tower. &quot;To us,&quot; responded in a heartfelt cry from the hundreds of employees to join the marchers. </p>
<p> After traveling their last stage, between the Place de la Republique and the Champ de Mars, the steelworkers came to forming a row, holding each arm, all dressed in orange windbreaker. Other employees have come from the Lorraine ovation. On a placard that read &quot;the shadow of death of the steel industry, more than 3,000 jobs lost in Lorraine, Luxembourg and Belgium.&quot; </p>
<p> A concert was scheduled for early evening including Bernard Allison. According to police headquarters, from 4 to 500 people gathered at the foot of the podium. &quot;The sides arrived,&quot; &quot;Steel Lorraine will live&quot;, had earlier chanted the marchers Republic Square. </p>
<p> &quot;Human Adventure&quot;
<p> One of them, Rudy Crestani, retired Florange 61 years, said &quot;human adventure&quot; experienced by the Steelworkers. &quot;The idea was to fight to save our endangered plant and thousands of jobs. We had an extraordinary sympathy of wind and we realized that our struggle far beyond the borders of Florange, this jewel of the industry, &quot;told AFP Edward Martin, CFDT delegate. </p>
<p> &quot;Many French people are recognized and have had to say:&quot; We&#39;re all ArcelorMittal power &quot;, because although the company (&#8230;) is competitive, it is not even enough to keep it running, since all these ayatollahs finance believe that it is always cheaper, &quot;he said. The marchers slept in gyms, party rooms, received encouragement from anonymous. </p>
<p> Nicolas Sarkozy attacks
<p> The previous visit of steelworkers in the capital in mid-March, had led to clashes with the police when they wanted to go to the campaign headquarters of Nicolas Sarkozy. Since the president candidate has blamed union leaders Florange, attacking the &quot;permanent CFDT&quot; who &quot;betray the trust of employees.&quot; &quot;The unionized workers are not full?, Edward Martin replied Friday. </p>
<p> For Alain Gatti (CFDT), &quot;the movement was hyper-responsible&quot; contrary to what was suggested Nicolas Sarkozy accusing the CGT and CFDT union officials to be &quot;come (s) to insult and try to break (his ) campaign headquarters. &quot; </p>
<p> By engaging their showdown in late February to keep maintaining the site and some 2,500 IDUs, including several hundred are now partially, the unions had promised to make Florange &quot;the nightmare of the government&quot; if the two high- furnaces in the steel plant, dormant for several months, were not given a prompt start. </p>
<p> This standby, &quot;the death warrant of the site,&quot; they say, is only temporary and ensures ArcelorMittal due to global demand for steel at half mast. After &quot;broken promises&quot; of Nicolas Sarkozy in 2008 in neighboring Gandhinagar-industrial site finally closed in 2009 &#8211; Florange has become a political battleground, also involving trade union representatives. </p>
<p> ALSO READ: </p>
<p> &quot;Florange: Unions will not go to the Elysee Monday </p>
<p> &quot;The negotiations to end the crisis have failed to Florange </p>
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		<title>Vivendi took over the reins of SFR</title>
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		<pubDate>Wed, 28 Mar 2012 03:08:10 +0000</pubDate>
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		<description><![CDATA[ 
 Vivendi confirmed Monday, after market, the departure of Frank Esser, CEO of SFR, revealed by Le Figaro. This departure will be effective from the end of the week. Jean-Bernard Levy, CEO of Vivendi, this function takes live indefinitely. No other redesign teams SFR is expected. The announcement of a smooth transition reassured the 10,000 [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Vivendi confirmed Monday, after market, the departure of Frank Esser, CEO of SFR, revealed by Le Figaro. This departure will be effective from the end of the week. Jean-Bernard Levy, CEO of Vivendi, this function takes live indefinitely. No other redesign teams SFR is expected. The announcement of a smooth transition reassured the 10,000 employees of SFR, where the announcement of the departure of Frank Esser, who presided over the destiny of the group for twelve years, has been a bombshell. </p>
<p> Vivendi wants to take the time to find a new boss for its subsidiary SFR, a pivotal moment in its history. Greatly shaken by the arrival of Free in the mobile sector, Vodafone is obliged to rethink its economic model. And why the research group &quot;rare bird&quot;. Several names of potential candidates circulate: Bertrand Meheut (current CEO of Canal +), Thierry Breton (CEO of Atos), Didier Quillot (former CEO of Lagardère Active), Michel Combes (CEO Vodafone Europe), Gilles Pelisson (ex- Accor CEO) and Jacques Veyrat (Direct Energy) &#8230; But none is needed. </p>
<p> One thing is certain, the chosen one will have a profile of &quot;cost killer&quot; while SFR expects a decrease of 12% to 15% of its EBITDA margin in 2012 and Jean-Bernard Levy said at the Vivendi earnings presentation in early March, the need to &quot;tighten the bolts.&quot; The future head of SFR should be able to reassure financial markets, while the decline in profitability of SFR weighs on Vivendi. The stock has lost 17% since the beginning of the year. </p>
<p> The departure of Frank Esser was decided Friday afternoon during a supervisory board of Vivendi, and presented Monday at 5:00 p.m. in the Board of SFR. It does not seem to be a coup as often in the wars of succession, but a decision by mutual agreement. Friday, same day that his fate was sealed, Frank Esser was attending a lunch with the entire executive of Vivendi, in which Jean-Rene Fourtou, director of Vivendi, and Jean-Bernard Levy have sent him some very complimentary. Frank Esser, Mannesmann&#39;s German came (acquired by Vodafone), is indeed recognized and appreciated by both teams by his peers. </p>
<p> Free to adjust the face
<p> But, before the onslaught of Free Mobile, it was essential to give new impetus to SFR, which lost 200,000 customers between 10 January and late February. &quot;Jean-Bernard Levy knows SFR. We are confident in its ability to revitalize all appear the beginnings of a stabilization of the situation. After the initial excitement, Free began to experience a certain loss, &quot;said a spokesman for Vivendi. </p>
<p> The task does not look easy. We&#39;ll have to cut some expenses without burdening the future. &quot;In the hundreds of service developments underway at SFR, it will have to choose between those that are essential for the future and those who can be stopped, says an inside source. Always painful choices that force teams to redeploy réinternalisant projects that were previously outsourced to external service providers. &quot;The suppliers and providers of SFR should be the first affected by this clampdown. </p>
<p> Add paid features
<p> It will also have to rethink the positioning packaging opportunities. Free Mobile face, all operators have launched entry-level offerings, sold only on the Web at very aggressive prices. But where Bouygues Telecom, the first chopping last July, has managed to impose &quot;B &amp; You&quot;, followed by Orange with &quot;Sosh&quot; SFR has not really enticing with its brand &quot;Red&quot; launched in late September. </p>
<p> But offers low-cost, direct response to Free, are not the only priorities. The operators were able over time to all-inclusive packages (visual voicemail, MMS, mobile Internet &#8230;). We must now all unravel for a basic package comparable to that of Free, which you must add a number of services at extra cost. A vast perspective. </p>
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		<title>The German government is preparing to take 12% of EADS</title>
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		<pubDate>Sat, 24 Mar 2012 22:04:07 +0000</pubDate>
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		<description><![CDATA[ 
 Louis Welsh, CEO of aerospace group EADS, Airbus&#39; parent company, for another few months, had assured him a few weeks ago the BBC: &#34;We will continue and we will resist external interference.&#34; The confirmation of the German Ministry of Economics of a possible rise of Berlin the capital of the group could make the [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Louis Welsh, CEO of aerospace group EADS, Airbus&#39; parent company, for another few months, had assured him a few weeks ago the BBC: &quot;We will continue and we will resist external interference.&quot; The confirmation of the German Ministry of Economics of a possible rise of Berlin the capital of the group could make the mission more difficult. The German government has indeed made a provision that could be used to repurchase additional shares of EADS. </p>
<p> Last November, Berlin had confirmed the recovery of half of the shares of the automaker Daimler, or 7.5%. The aim of the German government was not to lose ground against the French government retaining these shares in the lap of Germany. </p>
<p> But Berlin could therefore go beyond. The government has made a provision so that the public bank KF &#8211; who had already intervened in the case Daimler &#8211; can optionally be able to take additional units, the ministry said. In Focus, 4.5% stake now held by a group of private investors, shareholders also 60% of a consortium named Dedalus. This last group of public and private investors, includes, alongside great names of German finance Deutsche Bank, Commerzbank and Allianz, regional states in which EADS operates in Germany (Bavaria, Baden-Württemberg, Hamburg and Bremen ). Dedalus has a total of 7.5% of the aerospace group. </p>
<p> Power relations
<p> By the end of the year, the consortium Dedalus might decide to sell 4.5% stake. If he offers to the German State, it will be obliged to redeem them, the ministry said. Deutsche Bank and Allianz, who took 10% of each Dedalus at the time of formation of the structure in 2007, did not comment. According to the Financial Times Deutschland, the provision of government reach 1.6 billion euros. The new acquisition would amount to 12% of Berlin&#39;s participation in the capital of EADS. According to Les Echos, it could reach 13% if we add the 1% held by the public bank KfW in Dedalus. In front, France has 15% stake, and Lagardère 7.5%. </p>
<p> The balance of power at EADS are a sensitive subject. Recently, the German government has expressed its fears of excessive weight of France in his eyes in the division of roles and assignment of key posts, including the changeover from the center of gravity of EADS in Toulouse. Thomas Enders, Airbus President and current successor of Louis Galois, had proposed to his headquarters in Toulouse. </p>
<p> ALSO READ: </p>
<p> &quot;EADS Germany to 12% of the capital? </p>
<p> &quot;EADS will resist any interference in its management </p>
<p> &quot;Investors are scrambling to enter the capital of EADS </p>
<p> &quot;Qatar is keen interest in EADS </p>
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		<title>Labor reform: Monti wants to push through</title>
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		<pubDate>Fri, 23 Mar 2012 05:48:09 +0000</pubDate>
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		<description><![CDATA[ 
 Lack of agreement with the most powerful Italian unions, the CGIL, Mario Monti will try to push through his reform of the Labour Code, which will facilitate dismissals in Italy. 
 After presenting the text to moderate unions and employers on Thursday night, the Italian prime minister intends to adopt this proposed reform of [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Lack of agreement with the most powerful Italian unions, the CGIL, Mario Monti will try to push through his reform of the Labour Code, which will facilitate dismissals in Italy. </p>
<p> After presenting the text to moderate unions and employers on Thursday night, the Italian prime minister intends to adopt this proposed reform of the Labour Code to the Council of Ministers, this Friday to vote to do so as quickly by Parliament . </p>
<p> &quot;We will make the text so that it prevents any abuse in dismissals,&quot; Mario Monti promised Thursday night. Time is running for President of the Council who plays his all on this eagerly awaited by reforming the markets and the European Central Bank. </p>
<p> The confederation CGIL, which refused to sign the text and left the negotiating table, called a general strike. The Democratic Party stands for the first time Mario Monti and promises to fight. The ruling coalition, without which Mario Monti would be powerless, threatens to explode. </p>
<p> On the form, Monti reform aims to modernize an Italian Labour Code dating from 1970, accused of holding back growth. On the merits, it addresses two major problems in Italy: on one side, layoffs nearly impossible in large companies, the other an increasing precariousness of work, without nets worthy of the name. </p>
<p> To break this duality of the labor market &#8211; which is found also in Spain &#8211; Mario Monti wants to facilitate layoffs by offering social protection to many workers who are deprived, while facilitating youth employment. </p>
<p> Conventional termination
<p> Socially, unemployment benefits would become universal and will last 12 months &#8211; 18 months for seniors &#8211; and will reach 1,119 euros per month, more than today <a href="http://payday-loans-e.com">cash advance loans</a><!-- . -->. Paternity leave would be introduced in some industries. And a fund to support older unemployed will be created. For Stefano Libman, professor of labor law at Bocconi University of Milan, this reform has the merit of &quot;the basis for social protection for the millions of workers now have access to coverage generalized social.&quot; </p>
<p> To help youth employment, the reform provides for the rationalization of the types of contracts. In quarantine, they will be reduced to eight. Learning becomes the model contract and will last three years. &quot;In the short term, with the crisis, it will inevitably lead to layoffs. But ultimately, this will create a stable job, &quot;says Stefano Libman. </p>
<p> Blocks where the reform is on the right of dismissal, framed by Article 18 of the Labour Code, which prohibits dismissal &quot;without just cause.&quot; In fact, Article 18 does not block a score of layoffs a year, but in the minds he became the symbol of the rigidity of the Italian labor market. The government insists the review. It plans to introduce a form of &quot;conventional rupture&quot; in the French which allows to separate from an employee by paying compensation of up to 24 months&#39; salary. </p>
<p> ALSO READ: </p>
<p> &quot;Monti played his last card on the reform of labor law </p>
<p> &quot;France: the law simplifying employment law finally adopted </p>
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		<title>Fender, rock icon, wants to go public</title>
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		<pubDate>Fri, 09 Mar 2012 23:04:29 +0000</pubDate>
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		<description><![CDATA[ 
 The hands of talented British singer and songwriter Eric Clapton, nicknamed &#34;God&#34; (God), she plays alone, the ultimate sound of blues and rock&#39;n&#39;roll. Renowned for its crystal clear sound, the American brand of Fender guitars now also shine on the market scene on Wall Street. 
 Founded in 1946 by Leo Fender, the legendary [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> The hands of talented British singer and songwriter Eric Clapton, nicknamed &quot;God&quot; (God), she plays alone, the ultimate sound of blues and rock&#39;n&#39;roll. Renowned for its crystal clear sound, the American brand of Fender guitars now also shine on the market scene on Wall Street. </p>
<p> Founded in 1946 by Leo Fender, the legendary American manufacturer of electric guitars, acoustic amplifiers and a record filed Thursday with the Securities and Exchange Commission (SEC) to enter &quot;as soon as possible&quot; on the Nasdaq. The date of the introduction, the number of shares offered and their prices have not yet been disclosed. </p>
<p> The company, which will appear on the Stock Exchange under the symbol &quot;FNDR&quot;, hopes to raise up to $ 200 million. The inventor of the Stratocaster, the icon of the electric guitar and one of the most popular models in the world, with &quot;use about $ 100 million of revenue raised through this IPO&quot; to repay a portion of its debts, whose amount is close $ 250 million. &quot;In 2011 we were number one in terms of market share in the U.S. in the field of electric guitars, acoustic, and bass amplifiers and electric guitars and basses,&quot; the company said. </p>
<p> Fender Musical Instruments Corporation, owned by the Weston Presidio investment fund, has made 700.6 million dollars in sales in 2011 to a net profit of 19 million. Some 45% of its sales generated outside the U.S., mainly on the European market. </p>
<p> Also Eric Clapton, Fender has among its faithful ambassadors Keith Richards, Mark Knopfler, David Gilmour, Jeff Beck, Bruce Springsteen or Jimi Hendrix in 1967 who sacrificed his Stratocaster on stage in setting them on fire before smashing against the ground <a href="http://cash-advance-nofax.com">guaranteed approval cash loans</a><!-- . -->. </p>
<p> The inventor of the Stratocaster and Telecaster, Leo Fender, a creative force unmatched, gave his company to CBS in 1965. Fender grew considerably in the years that followed, before passing through an air hole associated with a lower quality instruments. In the 1980s, CBS will sell all its non-media related. A group of employees and investors led by William Schultz and his family and buy Fender to CBS in 1985. </p>
<p> Started from scratch
<p> The new company had to start from scratch, including the sale or factory or machine. The emblem of the American guitar succeeds, however, his recovery, extending its grip on trademarks Guild, Gretsch, Jackson and Charvel excluding professional sound equipment. In 2008, Fender acquired Kaman Music Corporation (KMC), the largest U.S. independent distributor of musical instruments. </p>
<p> Based in Scottsdale, Arizona, with a production facility in Corona, California, Fender has continued to cross swords with Gibson, another giant of the electric guitar that Jimmy Page, Led Zeppelin, is one of the greatest followers. His fetish model, the Les Paul, was designed in the early 1950s. At its heavier and fatter than her rival Stratocaster, the Gibson Les Paul ignites always also rock the world stage. </p>
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		<title>Germany has not restarted nuclear reactor</title>
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		<pubDate>Fri, 10 Feb 2012 06:01:14 +0000</pubDate>
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		<description><![CDATA[ 
 The German electricity grid are on the go. Wednesday they activated two gas plants located in Austria, Theiss and Korneuburg, called &#34;cold reserve&#34; and the old coal plants, normally unprofitable. 
 But contrary to information relayed by AFP, no nuclear reactor, one of eight closed last spring, has restarted. 
 &#34;Nuclear power plants have [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> The German electricity grid are on the go. Wednesday they activated two gas plants located in Austria, Theiss and Korneuburg, called &quot;cold reserve&quot; and the old coal plants, normally unprofitable. </p>
<p> But contrary to information relayed by AFP, no nuclear reactor, one of eight closed last spring, has restarted. </p>
<p> &quot;Nuclear power plants have not restarted,&quot; said Le Figaro Uwe Ditz, spokesman for the power grid Tennet. &quot;This is a decision of political authorities.&quot; In fact, the licenses of eight reactors arrested were withdrawn by the government even if it did not rule out restarting three reactors in case of peak demand caused by a cold snap. </p>
<p> Restarting a nuclear reactor is more complex and longer than that of a gas turbine, coal or fuel oil. </p>
<p> In this period of extreme cold, Germany, with its thermal reactivated, manages to export electricity to France. The German Minister of Ecology, Norbert Röttgen, welcomes the surplus products, against all odds in winter, solar and wind power: &quot;We had these last days capacities up to 10,000 megawatts (MW) solar energy , the equivalent of ten nuclear power plants and up to 11,000 MW of wind power. &quot; </p>
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		<pubDate>Fri, 18 Nov 2011 21:08:15 +0000</pubDate>
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		<description><![CDATA[ Large deviation from the European Central Bank. Mario Draghi, warned on Friday that a central bank &#34;may quickly lose credibility&#34; and that &#34;it would have a huge economic and social costs.&#34; It refers to market demand and France, reject, would be for the ECB buys massive state debt to halt the rise in interest [...]]]></description>
			<content:encoded><![CDATA[<p> Large deviation from the European Central Bank. Mario Draghi, warned on Friday that a central bank &quot;may quickly lose credibility&quot; and that &quot;it would have a huge economic and social costs.&quot; It refers to market demand and France, reject, would be for the ECB buys massive state debt to halt the rise in interest rates in the euro zone and end to the crisis. A policy that the institution refuses to take on behalf of his economic principles. </p>
<p> &quot;Our credibility implies the success of our monetary policy to anchor inflation expectations in the medium and long term (&#8230;) to sustain growth, job creation and financial stability. And we make this contribution in full independence, &quot;insisted Mario Draghi.</p>
<p> Ceiling of 20 billion euros
<p> So much so that they would even be subject to a weekly maximum of 20 billion euros, reports the German newspaper Frankfurter Allgemeine Zeitung. This limit, which apparently exists since the beginning of these operations, in 2010, was set recently in this new threshold, the newspaper said. </p>
<p> The ECB acts only waiting for the States to establish their own anti-crisis mechanism, the European Financial Stability Fund (EFSF), Mario Draghi repeated on Friday. Four weeks ago, European leaders decided to increase the powers so he could buy the debt of state. But these reforms are still not operational. &quot;Where are we in the implementation of these decisions? questioned the President of the ECB.</p>
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		<pubDate>Thu, 17 Nov 2011 07:00:08 +0000</pubDate>
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		<description><![CDATA[ The escalation of tensions on the Italian and Spanish debt complicates the crisis in the euro zone and precipitates the search for new solutions. Thus, the Minister of European Affairs in Finland would defend today the creation of a two-speed Europe, guided by the inner circle of six European countries rated AAA. Alex Stubb [...]]]></description>
			<content:encoded><![CDATA[<p> The escalation of tensions on the Italian and Spanish debt complicates the crisis in the euro zone and precipitates the search for new solutions. Thus, the Minister of European Affairs in Finland would defend today the creation of a two-speed Europe, guided by the inner circle of six European countries rated AAA. Alex Stubb does not want &quot;out of some countries in the euro area, but the loss of influence in some countries,&quot; reports the Financial Times <a href="http://easy-quick-payday-loans.com">quick payday loan</a><!-- . -->. He concluded: &quot;a country that is not rated triple-A is not in the best position to advise management of public finances.&quot; </p>
<p> These proposals are the Finnish Minister echoes those of the German Chancellor, Angela Merkel, who argues for the establishment of programs of fiscal consolidation and strengthening of the integration of the euro area.</p>
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