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The tone hardens in the conflict between marine companies between Corsica and the mainland. The strike called by the CGT Wednesday to demand the application of the same social laws to all shipping companies, including foreign competition, making these runs was renewed this Saturday. A decision that provoked the "anger" of the direction of SNCM (Société Nationale Corse Méditerranée), 66% subsidiary of Veolia Transdev. The South (ex-CMN) is also affected by the strike. The movement "is followed at 28% to SNCM, a little more to the CMN, but enough to prevent smuggling," said the leadership of SNCM.

The nine SNCM ships and the South (ex-CMN) assigned to services between Marseille, Nice and Corsica are therefore remained docked for the fourth consecutive day, some 10,000 passengers were affected since the conflict began. Many of them have changed their return by traveling on ships of the private company Corsica Ferries, Italian flag, which normally circulate. SNCM has expressed "outrage" because "this movement supposed to fight our competitors rather strengthen, beyond their expectations." Moreover, the director of the company for Corsica, Pierre-André Giovannini, expressed his "regret for the inconvenience to our customers, passengers and cargo carriers, and this new blow to the island economy." He said over the weekend of May 8 Bridge is "one of the most important pre-season tourist" for Corsica.

A bill filed by the PCF

The strikers will meet again Sunday morning to decide on the following movement. "So is the future of thousands of jobs in our profession," says the union in a statement. The strike comes as the ferries market suffered the turmoil of the crisis in recent years. Thus, since its passage in the private sector in 2006, SNCM has almost always been in the red. She was accused of operating losses of 15 million euros last year. Especially, the CGT sailors had already scored a major coup a year ago by stopping work for 47 days, never seen to SNCM. If it were to get bogged down, however this new strike is unlikely to change the trajectory of the group. The direction of the SNCM instead reiterated its "determination to rapidly modernize and evolve the company, in all areas." Last March, the chief executive, Marc Dufour, warned that SNCM would have to separate at least two car ferries and 800 employees in 1617.

In some election, this issue has naturally taken a political turn. Friday, a trade union delegation was received in Paris by representatives of different parties, including the national secretary of the PCF, Peter Lawrence. His party has tabled in the Senate on March 22 a bill to require all companies operating in France the first entry in register of ships, making them subject to French social laws. Sailors CGT also met the spokesman of the Socialist Party, Benoît Hamon, who is, according to the union, "clearly in favor of the adoption of this law," and a consultant Francois Hollande. In Marseille, finally, a delegation was received by the federation UMP.

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Four major French media have joined forces to create the first private marketplace the ability to market, real-time auction, unsold advertising space on their websites. Before the rise of brokers in digital banners, boards Amaury Media, FigaroMedias, Lagardère, and TF1 Advertising Advertising AdMediaPremium have created their own platform to market these advertising formats on the Internet. The goal is to have a structure with a critical size. "We will offer media agencies and advertisers a platform that will combine power and premium content," says Constance Benqué, Chairman of Lagardère Advertising. Indeed, the four founding members show an audience of 22 million unique visitors per month and a stock of 3 billion web printing.

"It's a strong initiative and structuring. It reflects the desire of large media companies to restore value to their advertising, "said Laurent Solly, CEO of TF1 Advertising. Specifically, the four media sign a management contract with exclusive AdMediaPremium for marketing their inventories. "But this structure is also open to all other media sites premium. They will receive exactly the same commercial terms as founding members. We guarantee it, "says Pierre Conte, Deputy Managing Director and Group President of Figaro FigaroMedias.

AdMediaPremium, which will employ eight people, will also aim to collect and manage data of Internet users. In the digital world, data are valuable assets to sell off it would be detrimental to external actors.

Haute couture and ready-to-wear

On the site of a major media, advertising rates vary from 1 to 10 according to the hearing of the pages. The home pages of sites and themes are vertical slots super premium marketed directly governed by high tariffs. These pages represent a minor amount of inventory (15-20%) but the overwhelming majority of revenues. AdMediaPremium aims to market the locations of the second category – the many pages that have yet beautiful hearings – and the third category for pages that the depth of a site but are struggling to be marketed by the governed. These inventories are generally outsourced to brokers who sell to advertisers amid a flood of millions of other Web pages of any site. Logically, this vast inventory loses value.

"On the digital marketplace, there are two worlds: one specific, on which our advertising may practice is refocused on the speech marks, through special operations or video. The other world, the volume of highly qualified, is automated and marketing through market places. With our Adexchange, we will control both haute couture and ready-to-wear, "says Constance Benqué.

"It's because we want to enhance the premium character of our audience that we decided to launch AdMediaPremium. The four media partners are leading digital and provide coverage to 76% of AB +, "says Marianne Siproudhis, President of Amaury Media. "Our ambition is to represent by 2015, 25% of the market for auction banner ads. A market that weighs 200 million euros, "she explains.

"We are convinced that the French media groups must come together around this project deal with world leaders," says Martine Hollinger, president of TF1 Advertising.

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Too complicated and too expensive to manufacture. Boeing does not veil the face. The B787 Dreamliner, the first of which came with three years late to All Nippon Airways (ANA) in late September 2011, a program remains at risk and lost.

The device, which has passed through many vicissitudes since its launch, has new technical problems. A "calibration problem between structural elements" of the rear fuselage was discovered during tests carried out in factories in Seattle. Jim Albaugh, president of Boeing Commercial Airplanes (BCA), admitted that the first 55 Dreamliners already built might be affected by this defect. The Boeing launched an inspection campaign and hopes to address this problem in the "ten to fifteen days." Meanwhile, industrial production ramp-up "is difficult," notes one observer. Boeing has delivered five devices from late September to ANA. Under these conditions, managing to deliver fifteen more by the end of March, as the company hoped the Japanese, is an impossible mission.

Suddenly, the group announced last weekend a radical decision afresh at the industrialization of the B 787 and review its relations with its 50 partners from rank 1 to the successful ramp-up and exit the program losses .

Permutation of managers

"There is no magic formula to improve productivity on these planes. That will come from simplification of production, employment under companions and a review of the supply chain, partner by partner, "said Pat Shanahan, general manager of the development of BCA paydayloan. Boeing is a savings of $ 1 billion. It has not been more forthcoming about how to allocate effort productivity, nor on the calendar.  

He specified, however, that the boss of the program changed. Scott Fancher, who arrived in 2008 to replace the B787 on track, gives way to Larry Loftis, the boss of Boeing 777 it replaces. The switch should allow Boeing to better prepare its "organization for the challenges ahead," said Jim Albaugh. Larry Loftis brings experience in production (lean manufacturing) tested on a mature program, and Scott Fencher, its achievements in the management of a new generation aircraft with Boeing which has made several breaks.

Technology first with the massive use of composite materials (50% against 1% for the B 747). Then outsourcing industry with 70% of manufacturing with major partners in the U.S., Europe and Japan against 21% for the B 777 and 16% for the B 767. Taken to extremes, this model inspired by the automobile industry has shown its limits for a subject as complex as an airplane. Boeing has had to overcome the difficulties encountered by these partners.

For months, the group is considering the future of the Boeing 777 entered service in 1995. His successor, or a modernized 777 B that would heavily loaded with composites have much to learn from failures and successes of the B 787.

Social cuts and austerity measures provoke social unrest throughout the Iberian Peninsula. In Spain, the reform of the labor market, adopted Friday by decree, has attracted a first wave of spontaneous protest. In Portugal, it is the application of the rescue plan that creates a massive mobilization.

At the Puerta del Sol of Madrid, hundreds of people gathered Friday night to protest against the reform. Described as "historic" by the Conservative government of Mariano Rajoy, the decree is the latest attempt by Madrid halting the advance of unemployment, which seems unstoppable. At 22.85% of the workforce, the Spanish rate has broken all records in the industrialized world.

The Executive intends to promote employment by making IDUs more attractive. In addition to some tax incentives, the reform lowers the costs of layoffs and wage cuts authorize unilateral when the company through a bad patch.

General strike on hold

The event on Friday, unauthorized, has been dissolved violently by police as the protesters approached the Parliament. Unions, criticized by protesters who think they are too timid, were not represented Puerta del Sol. Comisiones Obreras (CCOO) and Union General de Trabajadores (UGT) intend to channel anger Social next Sunday: a "general mobilization" was convened and processions will be organized throughout Spain. The possibility of a general strike, it remains outstanding.

In Portugal, the mobilization has already taken place. "The biggest demonstration in thirty years' 300,000 people gathered Saturday in Lisbon, according to the CGTP, the main union. In a long speech, the secretary general of the Central attacked both the troika (European Commission, ECB and IMF), responsible for monitoring the implementation of the bailout, and the government, accused of submission. Many times Arménio Carlos was interrupted by protesters when he cited the name of the Prime Minister, Pedro Passos Coelho. "Gatuno! Gatuno "(" Thief! "), The crowd chanted. Also put into question, the finance minister, accused of violating the "dignity" and "sovereignty" of the Portuguese. In an exchange with his German counterpart, Vitor Gaspar had thanked Berlin for accepting an "adjustment" of the financial plan.

Advocating a debt renegotiation, Carlos called for a higher minimum wage Portuguese, currently set at 485 euros gross. A new day of action is scheduled on February 29.

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In the midst of crisis, football clubs always brew as much money. In any case, as revealed by the Deloitte top 20 of European football clubs by revenue. For its 15th edition, the study "Football Money League" in fact reveals that the 20 richest clubs in the Old World have generated 4.4 billion euros in sales during the 2010/2011 season. This is 3% more than last season, and over a quarter of total market sales of European football. Nine of these clubs have seen their billings rise by more than 10% over the period, against only seven formations that had experienced a drop in their turnover. While these figures do not assume the financial health of clubs often heavily indebted, but reflect the ability of the persistent world of football to attract capital no fax payday loans.

OM, the club that generates more money

The overall ranking has no major upheaval (the top six ranking has not changed in four years). But the French league has experienced a revolution. Indeed, for the first time in seven years, Olympique de Marseille ranks first among French clubs. With 150.4 million euros in turnover in 2010/2010, the club OM (7 million, the 14th in the standings) delights the trophy to his rival Lyons. Recording only 132.8 million in billings over the same period, Olympique Lyonnais (OL) forfeits three places, and now points to 17th.

In many clubs, the French championship in fifth and final figure up the "big five" European (behind England, Italy, Germany and Spain).

The FIP and FCPI no longer as successful … These funds were nevertheless supposed to attract the savings of the French and use it to finance long-term SME unlisted. A long-term investment (eight to ten years), illiquid, without capital guarantee but with a … boutique tax: a reduction in ISF or income tax, as desired.

But last year, this core was not enough tax. For the first time since 2006, investment funds and local mutual funds in innovation have collected less than a billion euros, according to preliminary figures compiled by Capital Finance. "Overall, the devices that qualify for a reduction of income tax have seen their collection collapse of 27%. Those that reduce the TFR fared better: subscriptions declined only 12% to 15%, "notes Fabrice Imbault, executive vice president of A Plus Finance.

The climate crisis probably did not last year prompted investors to invest long term, nor to take risks. The radius défiscalisants investments, they also often preferred "investment Scellier, whose death was announced," notes Fabrice Imbault.

The plane of the tax has been

But professionals also designate another fault: the movement of the plane tax, which last year was reduced by 25% to 22% reduction of income tax granted for these products. However, the rate granted in 2012 has shrunk 18% only. Will it be sufficient to compensate in the eyes of policyholders, the investment risks and constraints, there will be sufficient to continue to attract subscriptions? The stakes are high, when many small businesses are afraid to have more difficulty obtaining bank loans and seek more stable funding.

More and more management companies adjust their strategy in any case. They are moving away from FIP and FCIC, whose management constraints (imposed by the state in exchange for tax benefits) they seem to become too heavy. And are more interested in venture capital funds (mutual funds, venture capital). More confidential funds, reserved for wealthy investors who do not seek a tax cut, but want to diversify their assets on SMEs, in the hope of good performances. "Many subscribers are themselves leaders or former leaders of society, and ready to accompany young dynamic SMEs that develop," says Foucault Delannoy, associate Cape Horn Invest.

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Nathalie Kosciusko-Morizet unveils the contents of the interim report released today on Nuclear Safety.

The FIGARO. – The agreement between the PS and the Greens provides the closing of 24 nuclear reactors by 2025 if elected president Francois Hollande. What do you think?

Nathalie Kosciusko-Morizet. – Is the culmination of an absurd kind of negotiation, "a reactor against a constituency." Conventional wisdom says that does not mix the cabbage and carrots. Contrary to their denials, that's exactly what the Greens and the PS. This is not serious about the nuclear issue but it is a fundamental problem for all subjects, a method that has been seen at work in 1997-2002. The program of the Socialist Party does not contain anything about the environment, it subcontracts these questions to the Greens who, themselves, pursue political goals payday loans with no fax.While a tsunami can occur at Fessenheim in Alsace, imagine how to react in a situation of utter devastation, whatever the causes, natural or human, as a result of a terrorist attack, for example. IRSN proposes to determine the list of essential safety equipment of a reactor which must be "overprotected." An example: sand filters, which, in case of accidents, prevent the spread of radioactive cesium in the environment, could be consolidated. These measures will likely assume additional investment. Again, the economy should not limit the collateral.

29.9 billion euros. This is the minimum cost per year, calculated by the Institute of the company, the sixteen main proposals of the socialist program and François Hollande for the presidency in 2012.

Measures François Hollande

The Institute has calculated the company eight measures developed by the Socialist candidate in the primary. First, the creation of 12,000 teaching positions per year, or 60,000 on the five-year term. This would cost 360 million euros per year, cumulative $ 1.8 billion in 2017. "These new posts create an implicit debt to the State, which undertakes to pay the pensions of these agents when they reach retirement age," says the Institute. The rating is saltier contracts for generation, exempting charges for three years as a young recruit companies while maintaining a senior job.This measure, the five-year cumulative, burden on public finances from 30.5 to 33 billion.

Another strong measure: the extension of the RSA under 25 years of activity without preconditions. The Enterprise Institute estimates that 120,000 to 200,000 young people could be affected, which would represent an annual cost of 528 to 876,000,000. With "a serious risk of imprisonment in a youth inactivity trap and a significant risk of fraud", the RSA representative "70% of the money diverted to family allowance." The Institute also estimated the cost of the massive development of renewable energy and reducing from 75 to 50% of the nuclear power generation by 2025. The bill? 10.9 billion a year.If this effort can reduce French imports of energy, it will be "on the other hand a negative effect on the purchasing power of households, through the rising cost of energy bills," warns the IDE.

The measures of the Socialist Party

Winner of the primary, Francois Hollande has not yet specified what action the program he intended to resume the PS no fax payday loans. The Institute has calculated the company in the main. The establishment of a public early childhood, a key measure of the project would cost between 4.5 and 5 billion per year. Half the budget of the justice! The bulk of the bill would come from the creation of 360,000 childcare places (3.8 billion per year … just by operating costs), welcoming children from 2 years to kindergarten cost him, by 720 million year.Much controversy as the assistant accused of favoring the creation of a study allowance for trainees is paradoxically less expensive. The Institute's $ 1.3 billion per year. The reason? This new allowance would replace other aid, and especially young people concerned only with limited resources. The bill would particularly high, however (9.6 billion per year), if the allowance was extended to all students, warns the Institute.

In a more traditional vein, the PS promotes the appreciation of the disabled adult allowance (AAH) and better care for older people, through the personal autonomy allowance (APA).According to the Institute, which takes the hypothesis of a revaluation of these allowances by 20% over five years, the AAH would cost $ 1.7 to $ 1.9 billion a year more, and the APA, 1, 5-2100000000.

Cell quantification of presidential projects, implemented by the Institute of the company, will now address the evaluation of the revenue side of the PS program. The question is whether Francois Hollande planned 30 billion of resources to balance its balance sheet. Last outstanding issue: the institute did not look back on the pension reform, suggested by the PS but never clearly put on the table by François Hollande. If this were the case, the encryption would rise much faster.

In Slovakia, the cacophony lasted all day. And eight and a half hour debate will not be enough. On Tuesday evening, the Slovak deputies rejected the strengthening of the Financial Assistance Fund in the euro area (EFSF). A decision that could aggravate the debt crisis in the eurozone. Indeed, the unanimity of the country is essential to confirm the agreement reached by the Heads of State on July 21.

Neither the European Commission's exhortations asking Bratislava to endorse the extension of funds or calls Jean-Claude Trichet speaking in a crisis "systems" need to "fight with great determination" n 'So it will not change. Nor the assurances of the German Chancellor, Angela Merkel, a trip to Vietnam, according to which euro area "political will to overcome the crisis."

Iveta Radicova, Slovak Prime Minister, had nevertheless put pressure, making the vote on the European relief fund about trust, it has finally add fuel to the fire. A party member of the governing coalition, the Freedom and Solidarity movement (12.1% of the vote), who refused from the beginning to support the EFSF, from the outset has responded by announcing that he would not participate simply not election. For weeks, he keeps saying that Slovakia is a country too poor to pay for the mistakes of others and pay 7.7 billion euros. Moreover, in all 124 deputies present, 55 elected representatives voted in favor, 9 against and 60 did not vote.

Early elections

Remains a second vote could take place quickly, as the Constitution allows it, it was said in Bratislava.The ruling coalition without a majority in Parliament, the government would not have other means to turn to the opposition. The Social Democratic Party understands the benefit to be derived from the situation: this very night, the Smer-SD announced its readiness to support the strengthening of EFSF, provided that early elections are held. "If the talks begin, I believe that voting can take place this week," said the spokesman of the party.

In short, just a few days of the summit of European governments scheduled for October 23, the rescue of the euro remains an issue that can not stop dividing.

It would almost forget that a new had to reassure the Greek Prime Minister George Papandreou.Troika (European Commission, European Central Bank and International Monetary Fund) has given the green light Tuesday to release "probably in early November," the new $ 8 billion promised to Greece as part of the loan to was granted last year.

The teams of the troika, which had suspended in early September, their on-site because the government was not fast enough in its reforms, believe that additional measures of rigor taken since mid-September "should be sufficient" to address the situation of the country and achieve the deficit to 14.9 billion next year.

Although they recognize that the revenues from privatization will be "significantly lower" to 5 billion euros that had been planned for this year.Similarly, they note the upward revision of the public deficit to 8.5% of GDP (gross domestic product) instead of 7.4% for 2011. But they keep their hopes for sales of state enterprises still bring 35 billion to Athens late 2014.

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LVMH keen interest in crocodiles. The luxury group buys Heng Long, one of the five largest tanneries in the world of skin of these amphibians. LVMH guarantees its supply of crocodile leather quality that will serve to make its products more upscale, like her Louis Vuitton bags designed by Sofia Coppola or some accessories valued at Dior.

Tanning, led by Koh family since its inception in 1950, is listed on the Singapore Stock Exchange, it should be removed in the coming weeks.

This will be done via a holding company dedicated HLI Holding. It will acquire all shares of Heng Long to 160.8 million Singapore dollars, or about 92 million euros. LVMH will become majority shareholder of Heng Long, holding 51% stake. The Koh family is committed to reinvesting in the HLI holding up the remaining 49%.The Director General and Executive Director, members of the fourth generation Koh, will remain in place for at least the next five years.

The tannery produces between 200,000 and 300,000 skins per year, including crocodiles from Porosus high in Asia. Despite the change of ownership, it will continue to supply customers other than LVMH.

Heng Long is riding high. Its sales surged in the first half of this year to 36.3 million Singapore dollars (20.8 million), it was up over 50%. During the same period, the net result of the tannery was even more than doubled.