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The crisis has changed the ranking of richest people worldwide. The twenty-fourth annual list prepared by Forbes magazine, published last night in the United States, and devotes the Mexican Carlos Slim as the richest man in the world with a fortune estimated at nearly 53.5 billion dollars. This is the first time since 1994 that a non-American held the top of the podium. The Mexican telecom tycoon saw his fortune grow by $ 18.5 billion last year to 53.5 billion, allowing it to anticipate a short head Bill Gates, the cofounder of Microsoft, which does is only the second man on the planet in terms of wealth, with – only – $ 53 billion portfolio payday loan . Warren Buffett, the legendary boss of the investment company Berkshire Hathaway, retrograde from second to third place.

When you secure a quick cash personal loan, make certain to pay it back on time. Loan pay back time is just as important to consider as when (and how much) to borrow.

Calling Christian Estrosi, Minister of Industry, has been heard. The management of Total committed, in a statement to guarantee employment to every employee, regardless of the decision about the future of the Dunkirk refinery.

The Minister of Industry said that Monday morning that the government "will not accept" the closure of the Total refinery at Dunkirk "until there are no guarantees necessary for the sustainability" of 800 jobs concerned, "he said Monday on radio BFM.

"Total must invest in employment" (CFDT)

The secretary general of the CFDT (French Democratic Confederation of Labor), François Chérèque must also be reassured that he claimed in the wake of Christian Estrosi, that: "Total has a lot of money, so total should invest in employment."He said Total "must go beyond" its legal obligations: "He has to justify the closure, but it must ensure that all the jobs lost are converted to another activity Total, plus subcontractors.

According to La Tribune, the continuation of the refining process would require 60 and 120 million euro investment. "This range is the budget for the full review of the refinery 'reply a spokesman for Total.

In March 2009 already, the oil company had attracted the ire of politicians, after announcing the abolition of 555 posts in France, including 249 by 2013 in the refinery. A few weeks earlier, had issued a total record profit for 2008 of 13.9 billion euros.

Total release February 11 its profits in 2009, expected around 8 billion euros. Total declined to comment on this figure.

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"Refining: Total loan closing Dunkirk

LE FIGARO. – In announcing this summer by Accor of making the study of a split between the hotel and the services you have expressed your reservations about the form, if not in substance. Over three months later, did you stop your position on this?

Gilles Michel. – The question was raised shortly after the transfer of the participation of the Deposit to the ISP. In this context, we should play our role as shareholder, albeit a minority 7.5% stake, but still full. This meant that we have all of the elements to make a serious analysis. This has justified my "fit of temper" at the time. Since then, extensive work has taken place on the reasons to justify this decision on the benefits, costs and risks of this option and its alternatives, which I welcome.And quite frankly, I've seen all this work, no evidence for the need, in December 2009 to initiate division of Accor.

So you keep on your positions?

I have no reason in the name of a doctrine or principles. The split may be a modality in the service of a project but not an end in itself. During the work, we found that both businesses had before him genuine opportunities for strengthening the ISP calls for. But it is possible to pursue a development strategy in the current framework. Conversely, a split in a market environment that is not without risk, I think exposing every business to increased vulnerability.It is not necessary to incur the risk of executing the operation, financial risks, particularly in terms of ratings of each entity, and the risk of weakening as it can lead an ambitious strategy in the context present.

What is your alternative to Accor?

Accor is a large group of ACC 40. It can lead a strong offensive strategy with determination and speed. Its direction can be bold in terms of both organic growth and external growth.

Do you think the council will follow? And if this is not the case, what will the ISP?

I do not prejudge the discussion board. Each director will determine in its soul and conscience under the sole interest of social enterprise. And if, purely hypothetically, the board should choose the path of division, the next step will be the General Assembly, where of course we would vote against.But I am perfectly aware of the laws of arithmetic. The two shareholders who hold 30% stake in Accor worn since the beginning of the project, saying it is not up to cash in the short term but to create value over time. I do not doubt that they have at heart to remain associated for several years in the capital of each of the two new companies. With regard to the ISP, I would have full discretion as to our involvement.

A council held Tuesday decisive

Accor has accelerated the study of the relevance of a split (with a later check services prepaid and other hotels). The group meets Tuesday Board of Directors, expected to be decisive on the issue.Mid-November, after its previous meeting, the council had said "satisfied with the progress of work" to formalize the project.

The fund Colony Capital and investment company Eurazeo, who own about 30% stake in Accor, there are the best way to enhance their investment. Gilles Pelisson, CEO of the group agreed with this idea. However, the ISP, the second largest shareholder with 7.5% stake, otherwise, officially now. In this context, the position of the six independent directors will be decisive. Unions are worried themselves for employment in hotels.

A study of CA Chevreux, hotels could represent 74% of sales for Accor this year, but only 39% of operating income.In case of division, according to the scheme proposed, the hotel would bring about one third of the group's debt, two thirds of returning to the emerging prepaid.

»COMPUTER GRAPHICS – Investment ISP

The proposed division of Accor moves its shareholders

Around 15:00, the CAC 40 fell by 0.05% to 3890 points. Yesterday, the Paris index hit a new annual record, advancing 1.69% to 3892 points. Traders remained cautious, fearing a wave of profit taking ahead of 4000 points. The success of Apple, released yesterday evening after the close of Wall Street, have long supported the market, like those published at 13:30 by Caterpillar. The group expects a recovery in the global economy in 2010. But the poor figures for housing starts in the U.S. temper this optimism. These last were up 0.5% in August to 590,000 annual rate, and while the market was expecting 610,000. The number of permits issued fell 1.2% from the previous month to 573,000 construction permits on an annual basis, against 595,000 expected by analysts.

The producer prices fell in September by 0.6% compared to August (1.7%).This decrease is due to the decrease of 2.4% of energy costs. Excluding food and energy, the index plaice 0.1% against 0.1% expected by economists.

Values follow

LVMH (+0.35%) announced a turnover decrease of 0.6% to 4.135 billion euros, a figure conformed to market expectations. The group said a "better" compared to earlier this year.

In an interview with the newspaper Les Echos, Sagnières Hubert, who will become CEO of Essilor (-0.67%) from the first next January, is a point on the group's goals. He remains calm on the operating margin for 2009, but was cautious about the turnover.He plans to continue its acquisition strategy.

BioMerieux (+1.51%) achieved a turnover of over 9 months of 895 million euros, up 12% and confirms its target of organic growth of 5 to 7% in 2009, excluding the positive impact related to the epidemic influenza A.

Bouygues Travaux Publics, a subsidiary of Bouygues Construction, will build a road tunnel in Miami for $ 440 million. The title Bouygues rose 0.27%.

The operating margin of Sword Group (-1.21%) stood at 17.25% on the first nine months of 2009 against 17.7% during the same period of 2008.

In the first nine months of 2009, sales of Guyenne et Gascogne (+0.15%) totaled 431.4 million euros, down 1.3%.

Soitec (-2.73%) achieved a turnover of 50.3 million euros in the second quarter, a sequential increase of 14.8% over the first quarter of the year.

The turnover of Pierre & Vacances (+1.97%) totaled 516.5 million euros in the fourth quarter of 2008-2009, an increase of 2.4%. For the full year, sales amounted to 1.451 billion euros, up 2.3%.

Rental income accumulated Mercialys (-3.19%) at the end of September 2009 stand at 100.24 million euros, up 17.1%.

Cash Transgene (-1.47%) totaled 72.9 million euros at September 30, 2009, against 86.7 million at December 31, 2008.

On September 30, 2009, the turnover of Mr Bricolage (0%) stood at 412.3 million euros (+3.3%).

Finally some good news. Sales of tires to motorists called aftermarket leave. Michelin even mentions a "noticeable pick. Dealers begin to rebuild their inventories and demand is the appointment. In Europe, early season winter tires is on track. But this does not apply to the United States, followers of tires "all seasons". In contrast, the market for original equipment, that is to say, sales to carmakers, remains stable. The market for truck tires and engineering seems to have reached its low point, without rebooting.

"We remain cautious on the nature and speed of recovery, tempers Claire Dorland-Clauzel, communications director for Michelin. It showed Friday's new ad campaign "World" of Michelin.The group covers three topics that will be the spearhead of its communication on safety, energy savings and longevity of pneumatic tires. The group says the Energy Saver fourth generation can save 0.2 liters of fuel per 100 km, a reduction in CO2 emissions by 4 g per kilometer. Car tires "consume" fuel indirectly as a result of friction with the ground. This is the "rolling resistance".

More Cherqui competitors

On the life of a full game, this represents a saving equal to the price of a tire. Longevity was also improved by about 30%. Adding the two, Bibendum estimated the savings at 50% of the purchase price of tires.

It is very important for Michelin to cause consumers to think about the "cycle" of use of its tires because they are 10 to 15% more expensive than its competitors.The positioning of the price chosen by the group – which has repeatedly justified in praising the quality of these products – it has helped to cushion the effects of rising raw material. At the beginning of the decade, Michelin has repeatedly raised the prices of its tires aftermarket to pass on the soaring price of rubber and petroleum products. He has managed to preserve its margins. Even in periods of sharp decline in sales, as now, Michelin has not seen this high-end positioning, without losing market share.

In addition, the group has other brands (BFGoodrich, Uniroyal Kleber, Warrior for the Chinese market …) to attack the other market segments, without positioning the entry level.

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