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Since the U.S. Open in 2011, claims rumble among players. Endowments tournaments and especially to the calendar Grand Slam. To calm the discontent, the price of Roland Garros were revalued by 8.67%, while those in the first round losers go up by 20%, at a circuit where prices are 30% focused on the four best (Djokovic Nadal, Federer, Murray). Decryption.

LE FIGARO. – How did you arrive at this decision?

Gilbert Ysern. – The distribution of the wealth of tournaments, with a concentration on a small number of players has never been greater than today, is one of the peculiarities of our sport. Comparing such a discipline such as golf, which quite a lot like ours, we find that there is a greater disparity in prices. So we decided to upgrade the equipment of the players the first week. By comparison, in Indian Wells, the winner gets 130 times more than the 1st round loser. In Miami, it is 1 to 85. At Roland Garros in 2011, it was 1 to 80 and this year it will be 1 to just under 70.

Do you feel you were put in front of the players an ultimatum?

We are not in this logic. I went to Indian Wells meet the players, because it was the first time the top four were together and they have suggested. But it was not a meeting.

The strike threat was real?

No, there was no threat. We know that the idea of ​​putting pressure on the tournaments through a boycott threat has arisen in a number of players at the general meeting in Melbourne (in January) payday loans guaranteed no fax. And it could also be evoked by a handful of players at the next meeting in Miami (in March). This does not worry us, it is not the posture of players including Roger Federer, who is the Chairman of the players.

What are the exact players' claims?

Their concerns are twofold. Besides the question of the distribution of prices between them is that of the wealth generated by the Grand Slams, they believe, with 73% of revenue devoted to prices, not being quite to their advantage. The second case is more complex, because the reality of our economy is not what they believe. At the end of the year, there is nothing left in the coffers of the Federation because all resources are reinvested in tennis. It is important that players understand the ecosystem of the French model launched by Philippe Chatrier thirty years ago, which has developed alongside the Roland Garros tournament and play in the national territory, one feeding on the other.

Can we say that there will be no boycott of a Grand Slam tournament or Roland Garros or in 2012?

You can never say never, but it is my firm conviction.

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One of the smartest ways in which you can search for low priced insurance covers for your vehicle is through online aggregator sites or independent sites for car insurance. In other words, the Internet is the best avenue for cheap price car insurance quotes.

 

The protest of sanitation workers in Greater Lyon hardens. They decided on Saturday to extend their strike until Monday, which has lasted nearly a week. This decision was taken at a general meeting of the Inter-CGT-FO, CFDT, CFTC, UNSA-FAFPT this morning. Refuse collectors protest against "privatization" of garbage collection. Today, public ownership and private companies share the task in 58 municipalities of Greater Lyon. However, the urban community has redefined the geographical starting in October 2012. Therefore, the Lyon and Villeurbanne centers will be entrusted to the private sector. Conversely, the control will get the garbage collection in the towns of the west and south of Lyon and Villeurbanne the periphery.

For unions, this redistribution could lead to further privatization in the next round of bidding in 2017. "There is no question of moving towards a full privatization, but to have a balanced 50/50 public-private", reiterated Thierry Philip, Vice President of Grand Lyon in charge of cleanliness on Friday at the Following a meeting with unions. An encounter that turned into a dialogue of the deaf. "I do not see a crisis," lamented the representative of the urban community. The strike rate had risen to 40.7% from Friday's 400 garbage collectors.

Besides the fear of a "grazing" by the private sector, unions are now demanding "every Saturday off." They have actually hardened Wednesday their original claim of a weekend on two of rest. In response, Thierry Philip, Vice President of Grand Lyon in charge of cleanliness, ruled Thursday that requirement "impracticable", arguing that granting of rest every Saturday would force the city to "make use of temporary agency or the private market, which would cost 2 payday loan no faxing.5 million a year. " He recalled that the strikers had obtained, as of November 2, a weekend on two of rest.

"We do not want to politicize the debate"

While negotiations are deadlocked, the Greater Lyon has sued several union officials for obstructing labor law. The strikers are convened in chambers Monday at 18 pm at Lyon Administrative Court. Shocked, the Inter, who denies having blocked deposits, in a statement requires "respect the right to strike and stopping pressures" through "the use of private trucks and temporary" to ensure the tours of the strikers . It also threatens "to expand the movement beyond the collection", with the possible filing of a notice of strike action "for all agents and all services for the Greater Lyon respect the right to strike, the improving working conditions and the protection of our public service. "

They hope to go en masse to the Tribunal to support their colleagues Monday, strikers, however, assured that they would organize any event this Saturday on the sidelines of the visit of Nicolas Sarkozy in Lyon, a city whose streets are certain already littered with trash cans full. "We do not want to politicize the debate," said Mohamed Messai, vice-chairman of the CFTC Fnact. "The RG called me this morning, I'm reassured."

(With agencies)

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In these turbulent markets of the European debt, the U.S. Treasury arouse the envy of mafia networks. Italian justice has thus enter false vouchers worth 6,000 billion dollars in three closely guarded vaults in Switzerland.

The seizure follows an investigation launched on mafia clans in the area of ​​Vulture-Melfese, in the Basilicata region (south), said the prosecutor of the court of the city, Giovanni Colangelo. The investigation to uncover "an international network of such securities with persons involved in many countries," said the magistrate. This is "the largest ever launched in this type of investigation." Eight people have so far been arrested in Italy.

Hong Kong to Zurich

According to the magistrate, the safes containing the good have been shipped from Hong Kong to Zurich in 2007. The network would have sought to place the fake title until last January, in emerging countries or banks. Experts from the U.S. central bank (Fed) and the U.S. Embassy in Rome, who examined these false titles, felt that much of them was of excellent quality counterfeits.

The other trick was to make good dating from 1934 and place them in safes, each holding an infringement of the Treaty of Versailles of 1919. Control cases, network members could well justify the presence of this huge amount of money as part of financial exchanges between the powers that won World War.

"The operations of counterfeit securities, moving boxes from Hong Kong to Switzerland, traveling worldwide members of this network have a huge cost and we therefore believe that the interests behind this case are at a high level" , he said.

According to the prosecution of Potenza, other bills could still be hidden. Italy is also customary to the practice. In September 2009, the country's authorities had seized fake U.S. treasury bonds worth 116 billion dollars found in a package at the airport of Milan-Malpensa and arrested two Filipinos involved in this case. These fake bills were also dated 1934. In June of that year, the Italian financial police had arrested two Japanese on the border between Italy and Switzerland who had hidden in fake U.S. bonds totaling $ 134 billion, in the double bottom of a suitcase.

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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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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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The Paris Bourse, who did not know which way to turn this morning, finally chose optimism shortly before the opening of U.S. markets, and the day after a sharp drop in session. The CAC 40, which started up in shy and then fell below 3200 points in late morning, far back in the green earlier this afternoon. To 15 hours, he climbed 1.28% to 3227.37 points. The London FTSE is also up dansle green, up 1.37% to 5477.59 points. The Frankfurt Dax climbed meanwhile to 1.56%, passing over the threshold of 6000 points to 6006.86 points.

While the debt crisis still occupies all minds. Last night, Spain has been the target of the rating agencies.After Fitch, Standard and Poor's lowered turn a notch sovereign rating of Spain, to "AA-", citing the "uncertain prospects for growth" of the country and the likely further deterioration in the Spanish financial system . Banks are also in the viewfinder. While the leaders of the euro area support more vigorously a recapitalization of the sector, Fitch up seven institutions on negative watch, including French banks BNP Paribas, Credit Agricole and Societe Generale.

However, investors welcomed the good news last night: the green light given by the Slovak Parliament to strengthen the European Financial Stability Fund (EFSF). This gives air to the single European currency traded at 1.3802 dollars around 15 hours.

Debt problems in the euro zone should just stay in the heart of the Paris meeting, tonight and tomorrow until Saturday, finance ministers of the latter must include G20.Ces prepare the summit to be held in early November. France has also supported the idea of ​​making Thursday the EFSF bank. The markets have hopes of progress on the case.

Busy schedule

Operators also appreciate the battery indicator on both sides of the Atlantic side disappointment, inflation accelerated more than expected in September in the euro area, moving to 3% against 2.5% the month above, said Friday the EU statistics office Eurostat.

However the U.S., retail sales rose more than expected in September (1.1% against 0.7% expected). At the same time, import prices in the U.S. rose 0.3%.Rather reassuring statistics on the state of the U.S. economy. However, most investors expect the index of consumer sentiment for October and business inventories.

In China, inflation slowed slightly to 6.1% in September, against 6.2% in August, the government said Friday, but remains at a high level that does not bode a loosening of Chinese monetary policy.

Values ​​to follow

Banking sector

Placement on negative watch by Fitch of several institutions weighs on prices.BNP Paribas lost 3.49% to 32.18 euros, Societe Generale 2.62% to 21.04 euros and Credit Agricole 0.42% to 5.26 euros.

Veolia Environnement: 1.21% to 11.30 euros

The group has hired investment bank DC Advisory for the sale Citelum, a major global players in the lighting and electronic equipment areas, reports Les Echos.

Accor: 2.70% to 22.64 dollars

Already a leader in Asia Pacific, the group will open more than 200 by 2014, including doubling its presence in Indonesia, new land for expansion after China and India. The group also plans to sell seven hotels Suite Hotel, located mostly in Paris, for $ 77 million to a consortium of French investors.

CA Cheuvreux has decided to lower its price target from 35.5 to 29.5 euros to reflect the slowdown in the global economy but it remains to outperform.

Carrefour: 1.78% to 17.15 euros

Cheuvreux lowered its price target from 19 to 16 euros and remains under-performance.

GDF Suez: 1.58% to 23.49 euros

According to a report in Le Figaro, confirmed by a spokesman, the gas distributor has filed an appeal Thursday in the Council of State against the government's decision to freeze gas prices for individuals from 1 October.

Belvedere: 3.22% to 29.14 euros

The Court of Appeal of Nimes, which examined the validity of Thursday a new backup procedure given in July to spirits group, has reserved its decision on 1 December, according to sources familiar with the matter.

Eurazeo: 1.53% to 33.21 euros

The group announced Thursday an investment of 37 million euros in 3S Photonics, a French specialist in opto-electronic components including the Strategic Investment Fund held 18%.The operation, which includes a capital increase will allow Eurazeo to control 83% of 3S Photonics.

Stallergènes: 1.11% to 45.60 euros

The group confirmed Thursday its growth objectives and scope for this year despite the slowdown in activity growth in the third quarter.

Eutelsat: 1.16% to 29.74 euros

The group announced Thursday night that he would propose to the November 8th general meeting of shareholders to elect as president of its board of directors Jean-Martin Folz, former CEO of PSA Peugeot Citroën, succeeding Giuliano Berretta .

Netgem: -4.51% to 2.75 euros

The group reported Thursday a drop of 45% of its turnover in the first nine months of the year to 59.4 million euros and said that the forecast revenue in the second half would be comparable to the first.He added that his business continued to grow profitably, to increase cash flow.

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With the individual

The Finance Act 2012 goes a new movement of the plane 10% of the 14 tax loopholes already affected in 2011 (rental investment schemes, investment in unlisted companies including …). Although the tax credit for taxpayers conducting energy conservation work in their primary residence is no exception to the planing, the government decided to initiate a reform of assistive devices to the improving the energy performance of dwellings. He wants to promote major renovations including the return on investment is sometimes more than thirty years.This work financially unattractive, however, are needed to achieve the 38% reduction in consumption of existing buildings in the park, set by the Grenelle Environment Forum.

What work is encouraged?

To reach its target of 400,000 retrofits thermal year, the government intends to achieve more attractive bunches of work. Thus, taxpayers carrying the same year, at least two categories of work will receive a tax credit rates increased by 10 points, but the rate so obtained may not exceed 45%. This may include, for example, the joint realization of the wall insulation and the roof, along with installing a new boiler performance or installing a heat pump.The device, which was completed December 31, 2012, is extended for three years.

Bercy does he discourage some work?

Indeed, work is now less efficient on the spot. Thus, the installation of double glazed windows, entry door or shutters in a house no longer open right to the tax benefit if it is not accompanied by other work faxless payday advance. And when applied, the rate of the tax credit will be lowered to 11% in 2012. Similarly, the tax credit for installing solar panels for electricity production is seriously dented. The rate will increase from 22% to 13% and the tax benefit will be subject to a specific ceiling, set by decree.Costs savings are now included in an overall ceiling of € 8000 multi for a single person and 16,000 euros for a married or civil union, this amount being increased by € 400 per dependent.

Funding arrangements will they be improved?

In 2011, only 50,000 Eco-PTZ (interest-free loans granted for thermal renovation of housing) have been granted. A figure well below the objectives of the Grenelle Environment Forum. Therefore the government intends to make it more effective. Its maximum reimbursement would increase from 10 to 15 years when financing the simultaneous production of at least three kinds of work. This would apply to offers of loans issued from 1 April 2012.Similarly, to allow low-income households to achieve these major renovations, homes with an income tax benchmark tax is less than 30,000 euros per year will earn the Eco-PTZ and the tax credit. And, for offers of loans issued from January 1, 2012.

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There is electricity in the air when it comes to the estate of Pierre-Henri Gourgeon at the head of Air France. The future boss of the Air France-KLM in 2014, must initially be appointed head of the only Air France. The Board of Directors of the Company held Wednesday will not be an opportunity to put an end to the war of suitors. The four directors who comprise the Nominating Committee decided to take their time. It is only in the coming weeks as the quartet will present its recommendation, hoping to bring some calm and find a consensus on the board.

The "wise men" are aware that the candidate will also appeal to the state, which supports the candidacy of Alexander Juniac, adviser to the Minister of Economy, Baroin instant personal loans guaranteed.Pierre-Henri Gourgeon is on the same line, but not Jean-Cyril Spinetta, Group Chairman, a supporter of the appointment of a "pro" for a business sector heckled by the TGV, the low-cost, companies of Gulf and Asian competition.

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It's the only bright spot in the dark landscape cyclical French: the labor market continued to regain strength. In the second quarter, 68,300 jobs were created in the nonprofit sector. This is 10,000 more than in the first quarter.

The tertiary sector contributes almost exclusively to these creations (57,200 jobs), the industry confirms his recovery: 6600 jobs were created in this sector, according to Insee. This is his second consecutive quarter of growth. "This sector lost jobs every quarter since 2001," says INSEE.

Only government minister to be able to celebrate yesterday, Xavier Bertrand (Labour, Employment, Health) welcomed that "210,600 jobs a year (have) been created." He sees "a positive signal about the vitality of the real economy." This movement is all the more surprising that growth has been sluggish in recent months.

"You have to look at the figure of 0% over the period issued yesterday: considering the annual growth and relating to the last four quarters, we see that the quarterly growth rate is invariably French 0.4%, says Frédéric Gonand, associate professor of economics at Paris Dauphine. This shows that even with 1.6% annual rate, which corresponds to its potential growth, France is creating jobs. "

According to Dares, the index of the basic monthly wage (SMB) increased by 0.6% in the second quarter, representing an increase of 2.1% over one year. This significant increase of basic wages does not mean a sharp increase in the purchasing power of households. In the second quarter, prices rose 0.5% year on year and they operate around 2%.The purchasing power has improved very little, which explains the weakness of consumption in recent months.

Disinflation energy

But-and this is another rare good news in the farm figures released yesterday, according to Insee, the consumer prices fell by 0.4% in July. A decline mainly due balances but also by the expansion of energy prices. Under these conditions, if the job market continues to grow at the same pace as earlier this year, the disposable income of households could improve a little.

"Disinflation energy currently underway should provide some support the purchasing power of households," say economists at Natixis.The main pillar of the French economy will be a little stronger in the second half, provided that the fiscal savings provided by the government do not result in a tax grab too much, the experts continue to Natixis.

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It all starts in late July in the French newspaper Le Monde. In a lively pen, "Philae" tells, in twelve parts, how a role play between two traders who are bored leads to rumors of a plot against Angela Merkel and the euro, all on the eve of elections French law of May 2012 ….

In this series of summer, we follow the wanderings of a young journalist from the Wall Street Journal sent to Frankfurt, headquarters of the European Central Bank and the financial hub of Germany. The names of the characters in the story are well known: Bruno Le Maire, portrays in Germanophile finance minister, Mario Draghi, Governor of the BCE, to the old speculator George Soros. On the agenda of the masters of the economy, threats to Societe Generale, next target of a takeover bid, and the Italian bank UniCredit.Their exposure to Greek debt fueling concerns.

Although it is amazed by the accuracy of the descriptions and the likelihood of situations, the informed reader understands that this is a fiction. In August 2011, Bruno Le Maire is not finance minister, but of Agriculture, and Italy's Mario Draghi has not made the head of the ECB, which is still headed by Jean-Claude Trichet.

On a rumor of a fall fiction real

It seems, however, whether this summer series that has inspired the fictional journalists Mail on Sunday, the Sunday edition of the Daily Mail for a story published Sunday catastrophic. In this paper, Simon Watkins and Dan Atkins have Societe Generale "at the brink of bankruptcy after terrible losses from its exposure to the Greek debt" and UniCredit "could collapse so similar" to the French bank.

The journalists added that "David Cameron has interrupted his vacation last night [Saturday, ed] to discuss the situation with Nicolas Sarkozy", a fact that has not been confirmed but exists also in the series of daily French.

Listed on online sites such as CNN mentioned on many forums, Twitter by many users, copied on blogs, the article from Monday, August 8 heat the rumor machine. Many elements accrediting effect the veracity of the article in the Mail on Sunday: Societe Generale is very exposed to the Greek crisis. August 3, his boss Frédéric Oudéa announced quarterly earnings down after a depreciation of 395 million euros for the shares of Greek states.

Wednesday morning the rumor that the company would be general in a situation so serious that the French government should intervene to save her is growing the market. The surprise announcement of a meeting at the Elysee Palace on the financial situation in the morning is a bombshell, and credibility to the words of the Mail on Sunday. The lack of communication officers of the Societe Generale does not help.

Meanwhile, as the stock market collapsed and with it the other financial stocks. At the heart of a black session, rumors succeed: France could lose its triple AAA, the government must save the banking system …

Only the evening that the management of Societe Generale denounces rumors and application to the financial markets opened an investigation into the launch of these sounds.But the damage is done: the bank saw its stock melted from 14.7% in one trading session.

A series of unexplained errors

Several questions remain: how an article in the Sunday edition of a tabloid, usually specializing in photographic study of cellulite British starlets, he could be taken seriously and set fire to the stock market ? How is it also possible that the two journalists of the text may have been confused, which to be inspired by what has been a fiction?

The text of Philae is, indeed, confusing realism. Hidden under the pseudonym, a journalist from the Tribune, Brussels correspondent of the daily economic, and whose employment by the evening paper did cringe at the writing of the World.A French bank would also indignant at the tone of the newspaper that gave off the soap truth, so much so that the newspaper added from 1 August 1 line warning: "Le Monde reminds its readers that situations, facts and figures reported in this fiction is imaginary and should not be taken as an expression of reality. "

There are no quotes in the article by Watkins and Atkins, which are directly drawn from the World Series, but the charges against SocGen and UniCredit, and the words of the intervention of Nicolas Sarkozy to be found in both documents. The Daily Mail has deleted Article guilty of its online site and apologized, acknowledging that the paper was based on "false information". Thursday noon, the Cac 40 fell below the symbolic threshold of 3,000 points, while Societe Generale fell by 7.26%.