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The crossing record fuel prices on record. Last week, prices at the pump have again reached record levels in the hexagon, noted that Monday's Directorate General for Energy and Climate. A liter of unleaded 95 has coined 1.547 euro on average, a liter of super unleaded 98 1.585 euro. Unheard of in living memory motorist. Fortunately, the price of diesel fuel – the most consumed – has however declined slightly last week, to 1.36 euro per liter. It remains for now below its 2008 record, when it exceeded 1.45 euros.

Prices at the pump in fact suffer from a barrel of oil costing has soared since the advent of revolutions in the Middle East. The price of Brent crude in London was quoted on Monday by $ 125.9 per barrel, when it cost just $ 95 in January (+32.5%).Therefore, INSEE memo in its last publication on inflation, the cost of petroleum products surged nearly 20% in March over a year.

The 2-liter of super €

To offset these price increases that weigh heavily on household budgets, the government announced in April the increase of 4.6% flat rate mileage. A tax measure that will ease the bill for some six million taxpayers who use their cars to work, then the estimated Economy Minister Christine Lagarde. Oil companies will contribute about the financing of the new measure to 115 million euros.

Consumer associations have been skeptical, however. "This is a drop in an ocean of expectation," lamented the UFC-Que Choisir.Increased dissatisfaction with grim outlook for consumers: in an interview in Paris, Total's CEO Christophe de Margerie had clearly drawn the trend. "The Super 2 €, there is no doubt," he said. The real question is when. "

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While the Arab riots continue, the World Bank has sounded the alarm. In Washington, facing the 24 countries that make up the International Monetary and Financial Committee (IMFC) responsible for setting broad policy guidelines of the International Monetary Fund (IMF), the institution said that "a worsening of conditions in the Middle East and North Africa could derail global growth. "

It considers in particular that "if oil prices were to rise sharply and permanently, whether due to growing uncertainty or a significant disruption of oil production, global growth could slow by 0.3 percentage point in 2011 and 1.2 points in 2012.The World Bank said that volatility in oil prices and agricultural products had been "even higher" than usual in recent weeks.

"Act Now"

The World Bank has, however, tried to reassure his interlocutors: currently, the impact is limited to local economies themselves. The revolutions in Tunisia and Egypt for example cut the growth of both countries about three percentage points in 2011, compared to what was planned three months ago. "The growth in Egypt and Tunisia should be about 2.5% and 1.5% respectively," says the Bank.A very inadequate compared to their population growth in a context of energy prices and food costs.

Internationally, the economic disruption, "if they remained at this stage, should have limited impact globally," said the World Bank. Its president Robert Zoellick, however, urged the international community to act now. "Wait until the situation stabilizes, it will lose opportunities," he said

The IMF on the alert

The signal seems to have been well received by IMFC. Its 24 members and confirm that "the immediate economic impact of developments in some Middle East and North Africa require particular attention."The cards are distributed: the World Bank's objective to "strengthen its support" in these two areas and the IMF's role to conduct "economic evaluation" for an "action plan".

"Of course we stand ready to assist, on the side of technical assistance and funding on the slope," assured the IMF Managing Director Dominique Strauss-Kahn said at a news conference. "The example of the Middle East has highlighted this issue, the fact that you can have good numbers in terms of sustainability without growth," he added. Remarks relayed by U.S. Treasury Secretary Timothy Geithner: "Today, the change underway in the Middle East calls for rethink and refocus the commitment of the international community.These transitions involve ultimately the people, increase their opportunities and their freedom. "

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"Our results are magnificent, it is a historic year for our group!" Tuesday, Vincent Bollore, CEO of the same name, do not sulk his pleasure at the publication of results of 2010. Overall, all lights are green and especially the profits which have been multiplied by three in one year to 358 million euros.

This performance is due to the growth of group activities (logistics, energy, media) and greatly to the share of profit of associates to the group that mounts alone, 200 million euros. More than half comes from a reversal of provisions on securities Havas, owned 32.9%, which must be added nearly a third of the group results of the pub, or about 35 million euros.The benefits of planting thousands of acres of palm and rubber trees in Asia and Africa, are also up to 45 million euros.

For this year, the big story of Bollore is the electric car. After a decade of investment in the development of a dry battery and the acquisition or construction of production facilities in Britain and Canada, 2011 is the year of launch.

Bollore starts in a few months of marketing to the general public of its electric car launches and especially BlueCar Autolib 'in Paris. This is a unique car-sharing system. In return for a subscription of 14 euros per month, the Bolloré Group will provide Parisians electric cars, equipped with a battery Bolloré and assembled in Italy by Pininfarina chains, leased 5 euros for half an hour.The group pledged to offer 250 BlueCar in October and 2000 in a year.

A great showcase

A race against time involving several divisions of the group is committed. The 6000 electrical terminals and communication will be provided by the subsidiary IER. Bolloré Telecom's in geolocation. Havas will be put to use for advertising. In addition, 1200 full-time employees are being hired. The annual operating costs of Autolib 'are evaluated at 60 million euros per year. From 30,000 users per day, the project is profitable.

The financial risk is far from negligible, but Autolib 'can become a great showcase for Bolloré. If successful, the technology could attract manufacturers that Renault and Nissan lead are betting on lithium-ion batteries called liquids.This technology has the major drawback of heat unlike the dry battery, ensures Vincent Bollore determined to demonstrate that its battery is best.

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Tony Fernandes, president and founder of AirAsia still can not. The day before his first plane landed first at Orly for the launch, the day of St. Valentine, the Paris-Kuala Lumpur four times a week operated by its subsidiary low-cost, AirAsiaX, first low- cost global long-haul. "There are only nine years, we had only two aircraft. Today, we are in Paris. It is a dream for me. "And to celebrate the event, company officials have punctuated their speeches in the great library of the Automobile Club de France in Paris Cancan numbers and Malaysian traditional dances under the amused eyes of many guests including Louis Welsh, president of EADS.

The latter's presence was not coincidental. AirAsia is currently negotiating the purchase of new aircraft to expand its fleet of 98 Airbus (A 320, 330, A 340) and 4 Boeing.Tony Fernandes said he was concerned by the Neo A 320, remotorisée version of the device consuming less fuel. "We are actively talking on the plane," he told AFP. A 320 of the 175 ordered with an option for 50 more, a dozen of them could be Neo. Chairman of AirAsia said that eventually his fleet "could reach 500 units.

Cooperation with SNCF

Tony Fernandes has reiterated that it was seeking new niches for the Paris-Kuala Lumpur will become daily. "Paris will perhaps become our central European," he added, explaining that London, opened two years ago, was "a problem". He believes that "taxes are too high and that air traffic control is a big mess."He again expressed his hope to launch a second route to Manchester to open the passenger doors of Italy, the Alps and southern Europe.

The company continues its campaign launch with connections provided by AirAsia to major destinations in Southeast Asia at discounted prices until 20 February: go Paris-Singapore via Kuala Lumpur costing 249 euros, while Paris-Bangkok Jakarta or $ 279 euros and 289 euros Paris-Bali.

Asked about the economic model of its low cost, Tony Fernandes said that the frequency of flights would be profitable lines. It also states that with the assistance of the Ministry of Tourism Malaysia, AirAsiaX offer packages including hotel accommodation. And France, AirAsia is considering collaboration with SNCF to ensure passengers from Asia matches by train to major French and European destinations.

French justice had the heaviest hand for the former boss of Vivendi, Jean-Marie Messier, his American counterpart, which had acquitted a year ago. After eight years of investigation and trial on one of the most sensational bankruptcies in recent years in France, the court ruled on Friday, the fate of Jean-Marie Messier, spent two years at the helm of the General Waters, he transformed into a giant media and led to the near-bankruptcy in 2002.

This icon of French capitalism in the early 2000s has indeed been sentenced this afternoon to a term of three years suspended sentence for "spreading false or misleading information" about the financial health of the group, and "abuse of social good. " It also scoop a fine of 150,000 euros, and shall indemnify dozens of small shareholders of Vivendi cheated by the rout of the telecommunications group.It was however acquitted of the third charge, "price manipulation" of Vivendi. He has already indicated through his lawyer that he will challenge this decision on appeal.

Behavior "prestidigiteur debt"

"Jean-Marie Messier has adopted towards the market behavior of real 'magician debt' behavior that could at most be detected by analysts and financial professionals (…) but certainly not by individual shareholders, which this communication was also addressed and which could only be deceived by its abbreviated and misleading, "reads the ruling.

Justice did not spare the closest collaborators of Jean-Marie Messier. Edgar Bronfman Jr., chief executive of Warner, was sentenced to fifteen months suspended sentence and five million euro fine for insider trading.His former right hand man and chief financial officer of Vivendi Universal, Guillaume Hannezo, was handed his side a penalty of 15 months suspended sentence and a fine of 850,000 euros free online credit report. Eric Licoys finally, former deputy director general of the group, was sentenced to six months suspended sentence.

Messier admits mistakes but no offense

Jean-Marie Messier has already indicated through his lawyer that he will challenge this decision on appeal. He admits indeed have made mistakes but no offense. The former boss, 54, and grants, the Wall Street Journal: "I was young, I've said too much and I became a symbol." Whatever the Horns of Canal + J6M nicknamed (for Jean Marie Messier, Myself Master of the World) even regretted his "arrogance" at the time. But beyond its mismanagement, Jean-Marie Messier also challenges a softer environment.He recalled that the bursting of the dotcom bubble and September 11 were particularly devastating for the values of the new economy traded.

He especially insists he did not deliberately sought to mislead analysts and shareholders. "Some of my decisions in the management proved wrong, but a fraud? Never, Never, never! "He says. And he points out the flaws in the file. The indictment for abuse of social good based on a negotiated golden parachute … but never touched. As for price manipulation, it acknowledges the massive purchase of Vivendi shares after the attacks of Sept. 11, but in order to protect the business speculators.His defense has also appeared for a time be satisfied that the prosecution had asked for his release, believing that he did not deliberately sought to mislead analysts and shareholders.

The association of small shareholders assets (APPAC), a civil trial, was on his side on Friday welcomed the "great victory for French justice, up to the expectations of shareholders."

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In the wake of Wall Street, the Paris Bourse was up on Wednesday. Halfway through, the CAC 40 rose 1.27% to 3911.09 points.

On Tuesday, the CAC 40 moved closer to the 3900 clearly points to 3861.92 points (1.58%), supported by bank stocks.

Portugal has successfully placed 1.249 billion euros of debt, getting lower rates on long bonds. Demand was also strong on Wednesday, 3.2 times greater than supply for bonds maturing in June 2020, and 2.6 times higher for those maturing in October 2014.

The bond issue was highly anticipated because of growing fears about the solvency of Portugal, considered by many economists as the next country in the euro area may have to resort to international assistance.

Public deficit down slightly

In France, two indicators were on the agenda: the current account deficit rose to 4.2 billion euros in November. In addition, the budget deficit declined slightly to 140.7 billion euros at end-November (cons 141 400 000 000 a year earlier). The government expects to end 2010 on a budget deficit of 149.7 billion euros, a record.

Industrial production in the euro zone rose 1.2% in November over a month, said Wednesday the statistical office of the European Union, Eurostat.This monthly increase, resulting in an increase of 7.4% over one year is higher than expected.

In the U.S., investors will follow the import prices in December (1430), the weekly inventory of crude oil (16.30), the figures of budget execution in December (20 hours) and the meeting of Policy Committee the Fed (20 hours).

Bank stocks well surrounded

On the currency markets, the euro fell to below $ 1.30 Wednesday, erasing gains made during Asian trade and early European session, after a bond Portuguese. By late morning, the euro bought 1.2970 dollars against 1.2974 dollars on the previous evening.

On the corporate side, the reaction of bank stocks to launch bond issue of Portugal was expected.Societe Generale climbed 4.27% to 42.14 euros (largest increase in the CAC 40), BNP Paribas rose 3.33% to 49.53 euros and Credit Agricole takes 2.95% to 9.90 euros.

RBS Sempra Commodities will sell assets at Societe Generale, which settle in cash, RBS said on Tuesday. The British bank did not disclose the amount of the transaction, but said that the assets sold were not quantifiable value.

Historic order for Airbus

EADS: + 2.24% to 20.52 euros.

The main low-cost Indian carrier IndiGo has committed to buy 180 Airbus A320s, of which 150 copies of its new version remotorisée Neo, for a total estimated at $ 15 us fast cash.6 billion based on list prices. According to Airbus, a subsidiary of EADS, it is "the firm contract for the largest number of aircraft in the history of civil aviation."In addition, the Executive Chairman of the European aerospace group EADS, Louis Gallois, who recalled that his contract did not expire until June 2012 and that the question of his succession would be discussed "in due course".

Sodexo: -2.80% to 51.73 euros

Sodexo confirmed Wednesday its annual targets and announced for the first quarter of fiscal year 2010-2011 offbeat, organic growth in sales of 4.7%.

Hermes: -0.34% to 159.45 euros

In the case between LVMH Hermes, the manager of the saddle, Patrick Thomas, said Tuesday night told AFP he was "serene" face to appeal to be lodged by the Association for the Defence of Minority Shareholders, chaired by Colette Neuville.

Iliad: -2.16% to 77.90 euros

The founder of Iliad, Xavier Niel, sold at 77 euros per share, or 1.3% of the capital provider of Internet access, which remains the largest shareholder with 62.7%.The investment has focused on 700,000 shares, totaling 53.9 million euros.

Renault must file a complaint on Wednesday

Renault: -0.34% to 49.17 euros

Renault will file a complaint Wednesday in the case of alleged industrial espionage aimed at three of its officers, after a series of interviews prior to a dismissal which took place Tuesday between management and employees in question.

Sanofi-Aventis: + 1.92% to 50.39 euros

The CEO of Sanofi-Aventis said he did not know how far he would go in its discussions on the purchase of Genzyme.For his part the General Manager of Genzyme declined to comment on his discussions with the French pharmaceutical group after the presentation of its quarterly revenue.

Technip: + 0.79% to 74.45 euros

Technip said in a statement that a consortium comprising two subsidiaries in Angola has won contracts to supply umbilicals to develop an oil field in deep waters.

Michelin: -0.70% to 53.64 euros

Analysts of the British bank, HSBC, would lower their recommendation on the title of the automotive supplier Michelin to "underweight" cons "neutral" before, according to market sources.

The year 2010 has ended in optimism on Wall Street. Over the whole year the Dow has gained 11%, the S & P 500, 13% and the Nasdaq Composite, 17%. Friday, after a little busy meeting, Wall Street has found this wonderful year on a stable tone. The Dow Jones gained 0.07% to 11,577.51 points, however, the S & P 500 lost 0.02% to 1257.64 points and the Nasdaq fell 0.38% to 2652.87 points.

On Monday, U.S. stock markets continue their forward march.In early trade, the Dow Jones gained 0.34% to 11,617 points, the Standard & Poor's 500 advance from 0.85% to 1268 points and the Nasdaq 100 climbed 1.02% to 2680 points.

The ISM manufacturing index program

Over the last week of 2010, Wall Street was supported by a series of macroeconomic indicators of good quality, suggesting an acceleration of consumption and economic growth in the United States. The year 2011 will begin on hubcaps, with a new salvo of indicators due this week could test the optimism of the end of 2010.

The dance of these publications will begin today with the ISM manufacturing index for December 2010. Investors will also monitor this Monday in the U.S., sales of construction spending for November.

Also on this week, figures for industrial orders for November will be released Tuesday, and the next day, the ISM index on the services sector will be announced. The latter is more representative of the health of the U.S. economy as the ISM's manufacturing sector alone published Monday.

Thursday investors will learn the traditional figures of weekly claims for unemployment compensation. Friday, dropping the first estimate of net job creation in December by the Department of Labor and the unemployment rate, calculated from a survey of the workforce.

On the foreign exchange market, the euro was down against the dollar on Monday due to uncertainties still the public finances of most vulnerable countries in the euro zone as Portugal and Spain.Around 11:00 am in Paris, the euro was trading 1.3303 dollars against 1.3381 dollars on Friday night.

Facebook valued at $ 50 billion

The side of values, the investment bank Goldman Sachs has invested in community site Facebook on the basis of a valuation of $ 50 billion, said on Monday the New York Times. The value of Facebook, so far estimated at $ 42 billion, would be higher than that of groups established for much longer, like eBay, Yahoo! and Time Warner, says the newspaper, quoting sources involved in the transaction guaranteed payday loan. Goldman Sachs and an anonymous Russian investor have made some 500 million dollars to the site founded by Mark Zuckerberg.The personal wealth of the latter would end up this way doubled.

The Financial Times for his part said that the microblogging site Twitter has declined in 2008 to a takeover bid of $ 500 million social networking site Facebook.

Difficult start to the year for Apple. Some iPhone users have started 2011 with a failure alarm, the alarm function of the smartphone has been a computer problem with the change of year. According to the BBC, this anomaly has involved occasional alarms iPhone 4 and previous models of the Apple smartphone with the latest software updates. The British newspaper Daily Mail reports that thousands of people arrived late for work or missed trains or planes because of this problem.The alarm function of the iPhone had already experienced difficulties during the transition to winter time.

Google dream of a new digital kiosk

For its part, Google would work on a new digital kiosk designed for mobile devices running its Android operating system, hoping to seduce the newspapers by offering better terms than Apple, said Sunday the Wall Street Journal. Several media groups, including Time (Time Warner), Conde Nast and Hearst have already been approached by Google for this project, according to the Wall Street Journal.Furthermore, Lagardere said Friday evening is in exclusive talks until January 30, 2011 with Hearst on the sale of its flagship news magazine world.

Always on the side of values, the world's number one smart card Gemalto announced Monday it had completed the sale of its payment terminals in VeriFone U.S., the major competitor of French Ingenico. The amount of the transaction, which occurred Dec. 31, is not specified in the statement issued by Gemalto."VeriFone is a leading global payment solutions for merchants and banks side traders, and we, we are champions of payment solutions for consumers and banks that issue credit cards," says Gemalto.

For his part, Saint-Gobain announced Monday the completion of the sale of its "Advanced Ceramics" at CoorsTek U.S. group for $ 245 million, or about 200 million euros.

Also note, four insurers, including Swiss Zurich Financial Services (ZFS), will pay a total of $ 120 million (90.3 million) to settle a dispute with the State of New York concerning overpayments insurance premiums, officials said Monday.

Covered with snow after the storm that hit on Sunday evening on the northeast coast of the United States, Wall Street closed on Monday in a disorganized, while the new rate hike Chinese, reached this weekend , invited investors to a certain caution.

At the close of U.S. stock markets, the Dow Jones folds of 0.16% at 11,555 points, the strandard & Poor's 500 and Nasdaq 100 grappillent both 0.06% to 1258 points and 2667 points.

No statistics on the agenda macroeconomic Monday, prompting investors to focus on the surprise hike in interest rates in China and, therefore, to mope. In fact, in principle, the operators do not respond well to a rise in interest rates. A reaction of defiance that could also be temporarily increased, during this holiday season digs.Indeed, low volume and volatility room can promote excessive reactions. Unclear whether, in this context, the few active investors will pay attention to news companies. Remains that 2010 has been a great year bone pourWall Street.

Viacom sells Harmonix and action is supported by Cisco Barron's

Despite the snow, wind and cold stores that had reopened Sunday after the closure of Christmas never empty, to the delight of retailers. However, cancellations of flights and trains, especially from Europe, have multiplied over the weekend. Many flights of British Airways (London market closed) and Virgin Atlantic, canceled Sunday were rescheduled for Monday payday loans for bad credit. Air Canada for its part warned that many flights might be canceled or delayed in the Atlantic regions of the country.

Viacom (0.56% to 39.39 dollars).U.S. media giant sold the studio Harmonix, creator of the licenses of music video games Guitar Hero and Rock Band, Columbus Nova, an investment company. The third quarter of 2010, Harmonix has recorded losses of about $ 300 million against a modest profit over the same period last year. Viacom bought Harmonix in 2006 to 175 million dollars. Harmonix takes note of this decision and looks forward to once again become independent.

As for Cisco Systems (2.39% to 20.16 dollars), a barometer of the technology sector, its action would be undervalued and should increase by at least one-third from current levels, according to Barron's. In its Saturday edition, the U.S. financial weekly said that if Cisco is approaching its long-term growth in sales, and the stock should rise at least at its peak in 2007, $ 27 .Barron's said that investors had factored into the course "too much skepticism about the prospects for Cisco. Action Cisco closed last Thursday to 19.69 dollars.

Finally, the U.S. bank Goldman Sachs (1.43% to $ 170) has decided to link the payment of his bonus to long term performance "of its executives. Salaries and bonuses could reach a record level on Wall Street for 2010.

Two thirds of the Spanish air traffic controllers on strike since Friday night, began to regain their positions, 109 of 159 strikers. The Spanish Minister of Transport José Blanco announced on CNN + that the airspace of the country was now "totally open".

Traffic has not yet been able to take the big foreign companies and the national airline Iberia has already planned to cancel all flights until Sunday. The minister also does not return to normal traffic before 24 to 48 hours.

State of alert

The Spanish government had met this morning to decide what action to take to the air controllers' strike that paralyzed the country, and had declared a state of emergency. A fateful decision.Under this decree, air traffic controllers can be mobilized and strikers are punishable as criminal, up to the prison. This decision means "that the controllers are summoned to their posts and if not, they would be in the crime of disobedience under the military penal code," said Interior Minister Alfredo Perez Rubalcaba after a meeting Crisis Cabinet. This is the first time the government takes such a position since the death of General Franco in 1975.

On Friday the government had already assigned to the Army the responsibility for air traffic control. despite this, no traffic recovery has taken place this morning. Iberia and Ryanair even announced they were canceling all their flights until Sunday morning. Air France, KLM, Thai Airways and EasyJet also.Almost all of Spanish airspace has been closed since Friday night, whereas many Spaniards were preparing to leave Friday for a five-day long bridge, the beginning of next week being a holiday in Spain.

Opposition to the maximum working time

Air traffic controllers have abandoned their jobs late Friday afternoon to protest against a measure adopted shortly before the Council of Ministers, peaking at 1,670 hours per year working time.

This is part of the device of partial privatization of airport management Authority (Aena) adopted by the government under new anti-crisis measures. The Minister of Public Works, Jose Blanco, condemned what débryage wild as a form of "blackmail."

Tourism accounts for 11% of Spanish GDP and the Spanish hotel confederation said that these disruptions in air traffic would result in a shortfall of millions of euros for the industry and a blow in terms of tourist destination image Spain.

(With agencies)

The situation in the service stations in France remained "a little tense" in some areas, but "we are in crisis" and "normalcy" is expected "Thursday", said Alexander AFP Monday Benoist, Chief Executive of the IPU.

According to the Union of independent petroleum importers (IPU), it remains "here and there" service stations that have not all products, "essentially the SP98, due to difficulties in restocking holiday Monday.

But "there will be a large number of replenishments from Tuesday," said Alexandre de Benoist, "primarily in the stations go dry.""The return to normal is scheduled for Thursday," he said.

The Department of Energy had said earlier in the day that supply the cell set up to coordinate the response of governments to the fuel shortage will continue for another week, but in a "very lean "to" monitor and thinning of the return to normal until early next week. "

The plan put in place for the long weekend of All Saints "works satisfactorily in all targeted areas: the main roads (which) have been constantly fed, and improvement in the Ile-de-France in the West Zone continues. " There remains some "occasional difficulties", recognizes the department.

The ministry said the situation is normal in over 95% of service stations in the country.

(With AFP)

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