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The National Assembly must decide on Tuesday on the bill to regulate the consumer credit. The text, which has already been approved by the Senate must pass the difficult balance between maintaining economic activity supported in part by the credit and the necessary protection of indebted households.

The number of cases filed with the commission of indebtedness that is constantly increasing. A phenomenon considered especially worrisome by the Bank of France that the population affected by the debt overhang is not the same. When creating the indebtedness committee with the law Neiertz 1989, he was helping people who had not managed their budgets: the syndrome of fever buyer where people were abusing the loan to purchase a 4X4 or high-tech products.But since the late 1990s, a new category of people are facing the problem of indebtedness, with the emergence of "new poor", that is to say who, though having a job, fail longer pay the bills of electricity or gas. And the crisis has accentuated the trend by multiplying the number of "accidents of life, including the number of households affected by unemployment, low rates payday advance. Since 2008, the Bank of France notes an increase in cases of indebtedness of approximately 16% per year.

The latest statistics released by the agency confirm this movement. 19,380 cases have been filed with the commission in February 2010. 20.5% higher than the previous month.

The Bank, however states that one should not jump to conclusions, due to some seasonality.The first months of the year are in fact traditionally the stigma of Christmas. A phenomenon in which the new text may perhaps act. It provides for a doubling of the period of withdrawal of clients (14 days instead of 7), the obligation of loyalty card stores offered an option "cash" or a limitation of revolving credit and advertising. The banks and specialized agencies should then put more emphasis on the commitment that is a credit on the ease of obtaining money.

End of a difficult episode. The Ministry of Industry announced Tuesday evening that a premium extra-legal EUR 22,000 was given by the direction of Sodimatex for each employee.

Minister, Christian Estrosi, "finds that the return of social dialogue (…) has achieved a significant improvement with the support of employees, including funding of up to 51,000 euros for each employee Depending on seniority, with 22,000 euros in addition to compensation provided by law, "the ministry said in a statement.

Moreover, "? 700 000 for the training of employees have been made available under the National Employment Fund and Forthac, the collector organization credits the training in the textile industry, is committed to support training efforts developed by the state and the company, "the statement added.

A well kept secret

The 92 employees of the plant – which produces automotive carpet – demanded a premium extra-statutory redundancy 21com "> fast cash.000 euros.

The decision was taken on Tuesday afternoon. But no details were made public until Tuesday night. The secret had been kept to "shield the News", according to unions, which wanted the agreement does not fall into the water.

Employees Sodimatex Crepy-en-Valois, who had threatened earlier this month to blow up their factory to demand better severance pay, signed an agreement with management approach the weekend of April 3.

The unions committed themselves to "defuse" the gas tank they threatened to burn down and destroy them in exchange for "guarantees" on the smooth progress of negotiations with management, including premium extra-legal starting they demand.

The tax shield prevents it really the tax exile? In 2008, when the tax shield has been lowered to 50% of revenues, 821 liable to the ISF have left France, according to figures from the Ministry of the Budget that the Figaro was purchased.

In 2007 when the shield was however 60% – only 719 taxpayers had left France and EWB! Nevertheless, the flow of exiles was more important before the introduction of the shield. Thus in 2006, 846 liable to the ISF were exiled.

In addition, 312 are expatriates tax revenues in France in 2008. It's better than 2007 when they were 246.

The index futures are predicting a slightly lower opening of U.S. markets. Shortly before the opening of Wall Street, futures on indices Standard & Poor's 500 and Nasdaq 100 yield 0.25% and 0.18% respectively at 1 181.50 points and 1969.75 points.

On Monday, the New York Stock Exchange finished at its highest in a year and a half. The Dow Jones gained 0,43% and approaching the threshold of 1,000 points, while the Nasdaq has made 1,12%.

The Easter weekend has been glazed by the publication of a series of macroeconomic indicators considered a good omen. The employment figures, released Friday reassured. In March the U.S. economy created 162,000 jobs, the best performance for over three years. Also in the United States, activity in services has increased more than expected in March, and sales of cars.More good news on the front of the property this time, the promises of housing sales rebounded sharply. She leapt more than 8% in February.

Faced with these signs more and more and tangible relief to the U.S. economy, minutes from the Fed, expected tonight will be scrutinized by investors. The discussions among central bankers are particularly lively, especially on whether or not to keep interest rates "sustained low. The deal also discuss the rate at which the waves of liquidity dumped on the markets must be included. On Wednesday night, announcing a further increase in outstanding consumer credit, the month of February, is also positive news.

Values follow

Apple announced it had sold more than 300,000 iPad Saturday for the first day of marketing.This figure included the taking of orders. Analysts had forecast sales of between 250,000 and 350,000 units over the entire weekend. Following this announcement, several analysts raised their price target on Apple.

The companies that provide components for the digital pad Apple could also benefit from the craze for iPad if it is confirmed. The product categories include Samsung Electronics, Broadcom or Texas Instrument.

The Wall Street Journal, the U.S. software giant Microsoft plans to unveil a new range of mobile phones next week, with features of socialization designed to attract young consumers.

Commitment required. The President of the Republic, Nicolas Sarkozy, had promised before the second round of regional farmers in the Ile de France came to meet him at the Elysee. It would be within fifteen days in a holding Ile. This he did on Tuesday by going to Buno-Bonnevaux in a grain farm in Essonne, that of Samuel HERBLOT located an hour south of Paris by car and much less by helicopter.

After a tour of fields (barley, beets and wheat, triticale) in twenty minutes in business suits and shoes, Nicolas Sarkozy met with a dozen farmers in an improvised for the occasion. A table set in the middle of the round-ballers of straw and a table of keys to dial on the wall as decoration.The Head of State wished to reassure the farmers during the working meeting which lasted half past one in the presence of representatives of unions and institutions in the Ile-de-France, including Damien Greffin, president of the Young Farmers and Christophe Hillairet , chairman of the House inter Ile.

Involved in the debate on the Greater Paris

Several topics were reviewed including some specific to the region. "On the great Paris, we will now be involved in the debate, welcomed Damien Greffin. The Head of State is committed to the sanctuary of 2,500 acres of the 3,000 hectares of the Saclay plateau, the reforestation of the area polluted Pierrelaye instead of the cone Brie …. "Two other developments have been welcomed by the union leader. The implementation of the taxation of 10% of agricultural land became available for building."This funding will help build economic bridges between farmers and society, especially in district heating, Nicolas Sarkozy.Enfin committed under the Agricultural Modernization Act which parliamentary discussions to begin on May 18, a tax scheme will be introduced to smooth income when there is a cash advance. Not to mention the reactivation of a moderate margin agreement between producers and distributors. It is a device already exists but no agreement has been signed."When prices go down tremendously, the dealer signs an agreement with the producer margin of moderation, which helps rebalance the side of producers without penalizing the consumer," said Nicolas Sarkozy.

Reaching

However farmers are still far from satisfied. "We're no further ahead two weeks ago on concrete announcements, Damien Greffin regrets. There was an effort of understanding on the part of Nicolas Sarkozy, but it must go further. We understand that we can not decently go back, with a loss of EUR 100 per hectare less but we have to find coping mechanisms. A point emphasized by Orama association which brings together the cereal FNSEA and "great hope in the work of the Monitoring Committee of the crop. They should start April 14."They are essential for can be taken timely measures necessary compensation.

Note, however, three missing in the debate: the president of the FNSEA, Jean-Michel Lemetayer, the chambers of agriculture, Yves Vasseur, and the Young Farmers, William Villeneuve. However Philippe Pinta, president and Brigitte Orama Delahaye, head of Vegetables in France defied the pressures of the FNSEA. "It was natural for me to respond to the invitation of President of the Republic in the interest of producers that I represent. Although affiliate of the FNSEA we are an independent, "says Brigitte Delahaye. Initiating a dialogue that asks only to be regularly continued to regain lost to a regional electorate.

The adoption last night of the great reform of health insurance, proud of the Obama administration is very important for the health sector, the United States and elsewhere in the world. Its impact on the health sector on Wall Street will be closely scrutinized.

The U.S. markets are getting better: the Dow Jones closed up 0.41% at 10,785 points and the Nasdaq Composite 0.88% to 2395 points.

Investors will this week look at a few minor indicators, including sales in the previous Tuesday, and sales in the ninth Wednesday. Follow some figures on durable goods orders, before being released Friday, the latest estimate of GDP for the fourth quarter of 2009 and the index of consumer confidence.

Caution still dominates

Meanwhile, investors are still cautious amid the uncertainties that persist on the bailout of Greece. Even if the European Council held on Thursday and Friday in Brussels will not be much impact on markets, on both sides of the Atlantic, German Chancellor Angela Merkel have warned yesterday on German radio that "financial assistance to Greece is not on the agenda of the meeting Thursday …" But the pressure is raised a notch on Monday in Germany, for its approval a plan for financial assistance to Greece at the summit of EU leaders on Thursday and Friday.A summit to test the cohesion of the eurozone and the credibility of Europe.

The market does not, however, leaves destabilize or by poor statistics, nor by rumors: they whisper such as the Federal Reserve would again raise its discount rate by the next meeting of its Strategy Committee, Thursday us fast cash . "But this is just an excuse to take some profits," says an analyst.

As for currencies, the euro strengthens against the dollar on Monday at 1.3552 dollars (0.31%) remains lower against the dollar on Monday after a brief foray as 1.35 dollar, dealers said opting for caution ahead of a summit of European Union, during which they will review again the Greek crisis.

The medicinal values rising

On the corporate front, the pharmaceutical values are well oriented. Pfizer Laboratories, Merck and Johnson & Johnson saw their shares rose by 1.88% to $ 17.23, from 1.76% to 38.73 dollars and 0.45% to 65.40 dollars. In contrast, health insurers are changing down: Humana fell by 2.20% to 48.90 dollars, UnitedHealth Group coward 2.27% to 33.61 dollars, Cigna lost 0.13% to 37.03 dollars Wellpoint and abandons 0.79% to 64.56 dollars. Aetna is only up 0.20% to 34.53 dollars.

Boeing (2.09% to 72.20 dollars) has announced an increase in production rates for Boeing 777 and 747.

As for publications expected will come on Thursday, Oracle and Best Buy, which will publish their earnings per share.Some computer companies (Red Hat Adobe Systems on Wednesday or Tuesday), builders (Lennar Wednesday) or deluxe (now Tiffany) also feed news.

Two years after changing hands, the airline flies in Europe Airpost clear skies. His transition from La Poste Group's specialist in the transport ASL Group (owned by Belgian capital: fund Peter Cam and Compagnie Maritime Belge) is, to date, a no-fault. This despite the air holes through which the airline industry since late 2008 in the wake of the crisis. Airpost europe is among the few companies to have made money in 2009. The company specializes in short and medium haul transported 750 000 passengers and 63 000 tonnes of cargo last year and net income of 6 million euros from a turnover of 231 million euros.

To explain its resilience, it highlights the diversification policy and an economic model based on a unified fleet of Boeing B 737 "works" 24H/24H with their conversation fast cargo service aircraft in the night transport of passengers flying on the day. In addition our location in the province which makes us the first charter company out of the province it represents only 520 000 passengers, "says Jean-Francois Dominiak, CEO of the airline.

Diversification policy strengthened

This activity builds on its historical legacy of the prestigious Aeropostale, provider of express transportation on behalf of La Poste, Chronopost but the Royal Mail in the UK under contracts that were renewed for two years. Beyond that, nothing is on.Therefore, the company celebrates its tenth anniversary this year, accelerating its diversification policy. It will thus rise to power in transporting passengers with the introduction of three new aircraft including 2 Boeing 737-700 aircraft from April 2010 to early summer in the air.

These devices from Dublin, Paris and Nantes must allow new routes to Egypt, sub-Saharan Africa and in Iceland. The objective is to transport between 850 000 and 900 000 passengers this year on behalf of tour operators. Europe Airpost is indeed the major provider of air signatures of tourism such as Thomas Cook, Fram or Club Med.

Meanwhile, the company launched in co-chartered by offering several tour operators to come together on the same plane and it will develop fuel hedges to offer its customers fixed prices throughout the year. Europe Airpost also studying a solution co-charter dedicated to major express carrier such as Fedex, DHL or UPS on a new European cargo routes. This new service could be launched in 2011.

In the wake of Grants in Asia this morning, the CAC 40 on a downward trend during the early exchanges. It lost 0.53% to 3669 points before embarking on his decline of 1%.

Meanwhile the employment figures in the United States, which will be published in early afternoon, the French public deficit rose to a record 138 billion euros in 2009 against 56.3 billion euros last year. As the trade deficit, it was absorbed in 2009 to 43,03 billion euros against 55.14 billion euros. Other important economic indicators are expected in Europe: Industrial output for the month of December and for 2009, Germany, and producer prices in January, Great Britain.

Finally, the finance ministers and central bankers of the G7 meet in Iqaluit, Canada.

The detailed values to follow

U.S. markets resumed momentum. After opening the session on a slight increase (0.16%), the Dow Jones continues to grow more strongly in the morning, settling on a less hesitant in green. Around 17 hours (Paris time), the leading U.S. index is 0.71% at 10,257 points, the Nasdaq gained 0.23% to 2176 points and the S & P 500 rose 0.71% to 1097 points.

This stronger growth is explained by the strong housing figures, published an hour after opening. Thus, the promise of home sales in December rebounded in December from 1%, as expected by analysts, after falling 16.4% in November, according to figures from the National Association of Realtors American (NAR) .

Nevertheless, caution is required."The market is just in a holding pattern, waiting to see if the advance of yesterday continues, and watching the economic indicators and hearings on Capitol Hill," observed Patrick O'Hare, Site Analysis Briefing . com.

The shadow of the monthly report on employment which will be released on Friday, weighed on the market. Investors will also be attentive to the hearing of an economic adviser to the White House Paul Volcker before the Senate Banking Committee and the beginning of the hearing Treasury Secretary Tim Geithner on the draft budget 2011.

As for currencies, the euro rose further against the dollar (0.16%) to 1.3946 dollar. For raw materials, oil regain momentum he gained 2.17% to 75.21 dollars.

The bank under the microscope

The banking and financials should be monitored.Indeed, Paul Volcker, a leading economic advisers of Barack Obama should call on Tuesday, Congress to limit the scope for risk-taking by large banks. Fannie Mae (-1.46%), Freddie Mac (-2.44%) but Morgan Stanley (-0.02%), JP Morgan Chase (1.54%), Citigroup (-0.30%) and Godlman Sachs (1.19%) react fa?pn mixed. The latter also strongly denied rumors conveyed by the Times that the bank boss, Lloyd Blankfein, could reach $ 100 million bonus.

The title Whirlpool skyrocketing: 6.74% to 81.19 dollars. The appliance group reported a quarterly profit that more than doubled to 95 million dollars, including through measures to reduce costs fast cash without a hassle . Its turnover rose 13% to 4.9 billion in the fourth quarter.

Dow Chemical took the opposite path: -3.95% to 27.50 dollars. The chemical company has posted net earnings of $ 172 million in the fourth quarter (+11.9%). Dow believes that growth will lag behind the United States and Europe, but demand from emerging countries should maintain growth.

Manpower (3.33% to 54.93 dollars) has announced a net profit declined by 62% to $ 29.1 million, 37 cents per share, against $ 76 million, 97 cents per share, a year ago . It also provides an increase in its turnover in the first quarter.

UPS (+0.27% 58.53 dollars): the U.S. mail group saw its net income dropped 28% to 2.152 billion dollars in 2009 although it has rebounded strongly in the fourth quarter. In the fourth quarter, it rose to 757 million, nearly three times more than a year earlier to the same period.

Kraft Foods (+1.39% to 28.45 dollars): Cadbury's shareholders have until today to decide on the bid of 11.7 billion pounds (13.4 billion euros ) American group.

Bank of New York Mellon (-1.44% to 29.15 dollars) said it would buy a division of investment services to PNC Financial Services Group (-1.09% to 55.25 dollars) for 2 31 billion, including $ 1.57 billion in Action. This deal could help PNC to repay 7.6 billion dollars of public funds received by the bank. The news was not well received by investors.

DR Horton displays the finest up market: 9.40% to 13.03 dollars. The U.S. developer reported net income of $ 192 million in the fourth quarter against a net loss of $ 62.6 million a year ago.The tax credit amounts to $ 149.2 million.

Finally, the automobile industry expects sales figures of new cars in January. Ford should have recorded double digit growth over the period from January 2009. In exchange, the title is already 2.25% to 11.37 dollars.

This is without state support that Ford has managed to overcome its difficulties. The U.S. manufacturer announced Thursday it had made a net profit of 2.699 billion dollars over the full year 2009. A performance to be compared with the heavy loss of 14.766 billion harvested in 2008. Over the year, turnover was down to 138.1 against 118.3 billion in 2008.

The group included supporting a very successful fourth quarter. Over this period, the second largest U.S. behind General Motors reports net earnings of $ 868 million against a loss of about 5.978 billion dollars a year earlier. The per share earnings is 25 cents, hardly less than the 26 cents analysts who had forecast. Over this period, revenues totaled $ 35.4 billion against 29 billion a year earlier, an increase of 22%.

Before the opening of Wall Street, the title jumped 2.68% to 11.86 dollars.

$ 500 million quarterly savings

To obtain this result, Ford has relied on reducing structural costs of automotive business payday loan . A total of 500 million dollars were saved in the fourth quarter. The group did not hesitate to pursue a higher price for its vehicles. His arm Ford Motor Credit has contributed to higher profits in this period with a profit before tax of $ 696 million against a loss of 372 million in 2008.

Ford is the only manufacturer of the "Big Three" of Detroit (with General Motors and Chrysler) have not gone bankrupt. It is reassuring for the future and plans to write "a profit before tax and excluding exceptional items for 2010, without specifying numbers.In addition to profitability, the group is including a U.S. car market between 11.5 and 12.5 of vehicles this year. In the year 2009 in the United States, sales at Ford fell 15.4% to 1.68 million units. Note that, after hesitating a large part of the morning, the Paris Bourse is moving more strongly in the green then qu'affluent results of U.S. companies show no surprises.

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