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Relations already chilly between Canal + and the Competition Authority has further strained a little more. Without much surprise, the Sages of the Rue de l'Echelle decided to open a detailed examination phase of the acquisition of two free DTT channels Direct 8 Direct Star by Canal + with the Bolloré Group.

This decision follows a first round of talks between the policeman of the competition and Groupe Canal + on remedies for this operation. The concern of the competition authority is that Canal + uses its dominant position in the acquisition of broadcasting rights for pay-TV rights to negotiate jointly for future free channels. Clearly, the danger is that Canal + is negotiating with the U.S. studios' rights sets for both Canal + and Direct 8. Thus, the group led by Mr. Meheut could oust TF1, M6, or any other chain of the DTT market with the acquisition of rights. For example, the rights for pay-TV Desperate Housewives (produced by ABC) are owned by Canal + when those same rights for free TV are the M6. The competition authority wants to avoid in the future, that same series is broadcast on Canal + and then on Direct 8.

Second concern: the Canal + group has a film studio, Studio Canal +, which sells movies all free channels after a stint on Canal +. The competition watchdog wants to prevent the films from Studio Canal ending up systematically on Direct 8 over other competing channels cheap business cards.

These key points have been part of negotiations open between Canal + and the competition authority since 21 February. Canal + was proposed in late March, a series of commitments. But they were written so that these commitments do not seem to be very restrictive, was then analyzed the competition authority.

It must be said that the competition watchdog has been scalded by the attitude of Canal +. Five years after the acquisition of TPS by Canal + in 2006, The Competition Authority has, uncharacteristically, withdrew the repurchase authorization. the reason? Canal + has not fulfilled a number of the 57 commitments he then took. Including the fact of maintaining the quality of the channel TPS Star, premium channel distributed by all the competing platforms CanalSat.

Remedies imposed

Worse, even as the competition authority has opened new negotiations on the purchase of TPS, Canal + decided to close its chain altogether TPS Star. A decision that was very badly received by the Sages of the Rue de l'Echelle.

In deciding a thorough review of the acquisition of Direct 8 Direct and Star, the competition authority wants to put pressure on Canal +. Either it offers significant remedies or the competition authority to impose under the injunctive unilateral. Both parties have until July to agree.

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Since the beginning of the campaign, the Business Institute is screening the proposals of the major candidates. Holland in the program, the single most "budget-" would be the creation of 200,000 contracts "generation" every year. This device is for a company to keep a senior until his full retirement and hire the same time a young person under 25 years, with exemption of social contributions on both jobs for three years. It would weigh between 7.6 and 8.3 billion euros per year, at the end of the quinquennium.

Besides, the cost of 150,000 "jobs of the future" seems almost weightless! It would reach 823 million, including exemptions from employer contributions for – minority – of these jobs in the private sector. More expensive would be the possibility to retire at age 60 and full rate for those who have paid 41 years: $ 4 cheap credit report.5 billion in 2017.

Some measures in the bill forgotten

As for the passage of 75% to 50% by 2025 the nuclear share of electricity generation – which means "to increase the share of non-renewable energy from 15% to 40%" – it would cost 1, 8 billion to the state in 2017, in the form of tax loopholes (and double for the consumer as higher electricity prices).

Finally, the independent think tank the valid order of magnitude announced by the PS 20 billion in additional government spending per year, a lame, totally financed by tax increases. In this detail: some measures have been forgotten in the bill – including all those evaluated today by the Business Institute!

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With rent "premium" (neighborhood prestige) set to 1 255 € / m² / year, Central London (West End, Midtown, City and Docklands) still holds the record for the most expensive place in Europe. Despite a decline in business, the rent "premium" has continued to increase throughout the year because of the shortage of Class A surfaces in the West End and Midtown particular. "This market has been driven by the technology sector, media, telecommunications and accounting firms," ​​says Dan Bayley, Director General for Central London at BNP Paribas Real Estate. The City has a lower rating but if we judge by the latest transaction carried out at 710 € / m² / year in the Leadenhall Building on 17,652 sqm leased by Aon, the insurance brokerage firm and reinsurance.  

Geneva on the top rent is € 818 / m² / year in a market but only on narrow 35 000 m² of offices.

Central Paris arrives in BNP Paribas Real Estate ranked third with an average premium value of 810 € / m² / year, sometimes exceeded in the seventh district, which is now part of Paris CBD (Central Business District).

Moscow climbed to fourth place with a rent of 544 € / m² / year in the downtown core that can reach 800 € / m². Conversely, on some streets listed under the rent reduction: Leningradskoe on Higway, 39, Olympia Park in the building, nearly 30,000 sqm were leased by Kaspersky Lab to 465 € / m² / year flexcheck cash advance.

Milan keeps fifth place at 520 € / m² / year, posting a stable rents despite an increase in transactions of almost 10%. The five other cities do not cross the threshold of € 500 / m² / year. Stockholm, however, comes close with a rent premium of 484 € / m² / year after rising nearly 13% in one year, closely followed by Luxembourg at 480 € / year / m increase of 5.3% …. ….

With 432 € / m² / year, Frankfurt is still the first German city in rental value and activity despite an increase in rents of just 3% and stability of transactions.

Rome maintains its 420 € / m² / year for almost two years despite a fall, this year 12% of its activity. It is also the only city in the Top Ten in not having increased in value during this period.

Munich comes in tenth position to 396 € / m² / year. "The city is experiencing strong growth, which reflects on the office property. Rents have jumped 10% in a year in take-up has almost doubled in one year, from 599,000 m² to 883,000 m², "said Piotr Bienkowski, Executive Chairman of BNP Paribas Real Estate Germany.

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• Why the French Rugby Federation (FFR) she wants to have its own stadium?

Like the FA with Twickenham Rugby, the FFR wants to have its own sports arena in order to control the revenue generated by the sport. This is not the case today. Indeed, as part of an agreement that binds the Stade de France since 1998, and until 2013, the FFR plays its games in the Six Nations tournament in the home stadium of La Plaine Saint-Denis, as well as a part of his tour matches. Which implies to comply with a timetable and costs a lot of money: 400,000 euros per game.

Moreover, the federation does not take advantage of significant economic benefits, such as revenue from the operation of the lodges or advertising space, returning to the consortium of Stade de France. In total, between 1998 and 2008, the federation estimated 160 million shortfall. "It's an entrepreneurial logic on the part of the FFR, which aims to develop its own production, explains Stéphane Raffalli, deputy mayor of Ris-Orangis and carrying a project site. Unlike football, ticket revenues are crucial to the development of rugby. " A connection that confirms Serge Blanco, vice president of the FFR in charge of the project, and believes that the future stadium will include "recover monies, and to distribute differently between amateur and professional" * ….. …

• What are the characteristics of the speaker?

It will have about 82,000 seats. To avoid the trap of "white elephant" (these stages abandoned or operating only a few days per year), the federation wants a multifunctional enclosure. Like the Stade de France, which receives about fifty events each year, the future new stadium will be able to accommodate sporting events as well as concerts, fairs, conferences, trade shows … Another priority of the project: the retractable roof (which should avoid any disappointments such as the cancellation of the France-Ireland 11 February), and the lawn removable for holding non-sporting events. Finally, it asks the candidate sites a footprint of at least 15 acres, good access and control over land.

• How much will it cost?

The estimated cost for this stage of the fifth generation of 600 million euros. A budget of size: for example the future stage of the Enlightenment of Olympique Lyonnais, will cost 450 million euros to 60,000 seats. The FFR will bring between 150 and 200 million euros. The remaining funding will come from private partners, led by the assumptions used in naming (a practice for a brand to give his name to a sports arena). The federation wants a first opening of the new stadium grandstands in 2017, later than in 2018, a depreciation of equipment in 2024.

• Where the stadium will be built there?

Two candidate sites are still in contention: and. The design of the new stadium remains the prerogative of the FFR, which will select architects. In turn, sites must "lend credibility to the project perimeter around a living" explains Stéphane Raffalli. Sales events, accessibility, presence of businesses, green spaces, leisure village: the proposals are to develop multiple sites. The main difference is in the current environment. At Orly Thiais, we put forward a site of 55 hectares, "that already works."  

The site Thiais-Orly, also a candidate.

Sophie Menthon: 7 lessons in etiquette … by Cadremploi The etiquette in business has he? Sophie de Menthon, who founded several companies, has recruited a lot and today chairs the employers' movement ETHIC, is not safe. The company often forget the courtesy to candidates, suppliers, customers or employees.

For this reason, Sophie de Menthon published The etiquette in business, business requires. Beyond the formal rules of politeness, just listen to understand that the company has its codes. We understand them or you do not understand them. And, after a certain age, coarseness does not catch up. This is the youngest, the famous Generation Y, to study the seven lessons of etiquette that we propose to Sophie Menthon.

There are others but the spelling, how to be, to dress, talk, brief attitudes, can still work and learn when you're young. Paradoxically, these lessons of good manners are not always enough. Sophie Menthon may well be a bourgeois educated, she says she sometimes lacked herself and admit a blunder that has hurt (see the "bonus" at the end of video). It recognizes also be annoying sometimes, especially in his relationship with women. This is the price of self-confidence, frankness and independence. Then one likes or dislikes this "big mouth" whose listeners appreciate the RMC outspoken. Or not.

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Olivier Cousin risk 40,000 euro fine. His crime: entering the word "Anjou Cabernet Franc" on simple organic table wines, the ones he produced in his area of ​​Martigné-Briand (Maine-et-Loire). Unbearable for an approach advocates the designation of origin (AOC) Anjou. They are however difficult to blame Olivier Cousin lack of attachment to their land. This strain Angevin, ecology freak, follower of harvesting by hand and horses love it so much because he refuses herbicides, sulfur and yeast. This is because the same AOC respected, he said, so little of nature (by allowing the addition of sugar and acid, even for the vintage enjoying a good climate!) He slammed the door, six years ago.

Las. Cousin may well sell organic wine at the best restaurants, the law is against it. "The AOC Anjou is protected by decree.We fight every day to defend our demarcated areas, "says Patrice Laurendeau, president of the Federation of Anjou wine. On the Internet, many blogs Cousin support and a petition was launched to the attention of the authorities.

The AOC, however, is not always the enemy of the bio. Throughout France, AOC wine producers there are already converted, along with other winemakers. From 2009 to 2010, the organic vineyard area has increased by 33%. As to represent 6.2% of the total area of ​​vines, and perhaps "10% in 2012," according to the Association of Independent Winegrowers France.

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Lovers of trekking in the Sahara desert sores will go their way. The tour operator Voyageurs du Monde (Nomad, Terdav), specializing in custom travel and adventure, closed end of 2010 all its destinations in Algeria, Mauritania, Mali, Libya and Niger. Because of the very uncertain political climate in these countries (historically 3% of sales), the group "does not plan to reopen until at least two or three years, unfortunately," warns Lionel Habasque, Executive Director.

So, the tour operator sells proportionately more trips to the United States, its first destination (6.7% of sales in the first half), Italy (4.3%) and Vietnam (3.7%). However, the weight of Morocco (3.4%) and especially Egypt (3.2%) melted over the last year.The brochure Israel-Palestine, launched a year ago, has attracted 800 customers, 2 million euros in turnover.

Last year, Voyageurs du Monde has 130,000 people travel, having to afford a vacation cost between 1500 euros (Terdav) and 2200 euros (Voyageurs du Monde). This year, they should be more numerous, and their average spending unchanged.

Since September, the backlog for this winter is stable. In the first half, Voyageurs du Monde recorded a turnover of 101.5 million euros (3.60%), and a net loss of 3.2 million (- 1.9 million a year earlier) . "We are structurally deficient in the first half because we support 50% of charges with only 40% of our annual," says Alain Capestan, Executive Director.If prognostic already year 2012 "difficult", it aims for 2011 an increase of 2 to 4% of sales, operating income stable, but net income declined, mainly because of differences currency movements.

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The IMF Christine Lagarde would it become anti-globalization? Long, the subject is taboo: that globalization does not please everyone, it tends to increase inequality in rich countries, everyone sensed. But it was a lesser evil. Cons weighed in the balance somewhat, compared to the prowess of China, India or Brazil and the hundreds of millions of people out of poverty through free trade. "Globalization" as the Anglo-Americans, was an apotheosis for the IMF. Its original mission, and still relevant, is to eliminate protectionism and the specter of the Depression of the 1930s. Light of Sirius, all was well in the brave new world.

This good report is no longer appropriate. The IMF recognizes that since the "Great Recession" of 2008-2009, more than 200 million people are unemployed worldwide. A record.And three-quarters of the 30 million unemployed appeared in the "advanced" countries. However, the phenomenon looks durable.

The World Economic Outlook, which forecasts 2011-2012 were published last week, a special chapter devoted to "labor markets in advanced economies" and their structural changes. That is to take stock of two decades of globalization flawless. "Technological change and trade are as old as civilization," warns the Fund. But this time it's different. Strange coincidence, the revolution in information technology broke out when China, India and the countries of the former Soviet empire have joined the global market, which they were previously excluded.Overnight, shortly after 1990, the global employment has almost doubled to $ 3 billion.

The new communication technologies, including container transport, helped to internationalize production lines. One of the most eloquent symbol is provided by Apple's products are designed in California and assembled in China by Foxconn. Apple includes only about fifty thousand employees, researchers and managers, while the second largest global market capitalization, after Exxon. Less glamorous, Foxconn is working a million people.

25% of the United States would be "relocated"

These are the United States as a whole that work on this model, specializing in highly paid office jobs and relocating industrial production. The international division of labor has been entirely satisfactory in the first place."Until a decade ago, the effects of globalization on the distribution of wealth and jobs were safe," according to Professor Michael Spence, the IMF quotes extensively from the work instant credit report. The Nobel Prize in Economics notes that from 1990 to 2008, the U.S. managed to create 27 million jobs, keeping unemployment low. But 98% of these positions were offered by the sector working exclusively for the U.S. domestic market, including 10 million from government agencies and health. In contrast, industries whose products are exportable, "tradable", as the term of Michael Spence, did not increase their employment, except in highly skilled occupations. The biggest loser is the middle class, who was employed by the industry.According to Professor Alan Blinder, former number two of the Fed, 25% of all jobs in the United States would be "relocated".

This reconfiguration of the labor market was not prejudicial as the United States grew at a rate of 2.5% per annum. It became unbearable to the crisis, while the construction, public agencies and service companies hire less and less, even at low wages. The IMF notes that all the old industrialized countries are housed in the same boat. For his part, Michael Spence said the exception of Germany, "which has clearly failed to protect his employment in export industries when they were threatened." He noted also that the de-industrialization resulting in collective impoverishment.According to his calculations, the value added per employee increased from 72,000 to 80,000 dollars between 1990 and 2008 across the Atlantic in non-exporters, while it jumped from 79,000 to 120,000 dollars in industries working for the world market.

Globalization is certainly not a zero sum game in which emerging economies prosper at the expense of old nations. But within each country, certain social groups benefit while others suffer. IMF sees not only a factor of inequality, but also a drag on overall growth: by venting industries, which have much higher potential productivity service activities, the United States and Europe condemned to decline. Not wishing to embark on a highly political terrain, the IMF experts take shelter behind the recommendations of Professor Spence.They are twofold: win back lost industrial jobs by the middle class while practicing a specific social redistribution in favor of the victims of globalization clearly identified.

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François Gipouloux specialist in the Chinese economy and researcher at the Ecole des Hautes Etudes en Sciences Sociales (EHESS)