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Europe is gaining time, but did not extinguish the fire in Greece. Following a conference call Saturday, finance ministers of the euro area have given the green light to release "by July 15" 8.7 billion euros in loans that should add 3.3 billion paid out by the International Monetary Fund (IMF). This decision was expected after the adoption this week by the Greek Parliament of the austerity program imposed by his European creditors. "It (the decision) strengthens the international credibility of Greece", immediately congratulated the Greek finance minister, Evangelos Venizelos.

As the new Executive Director of the IMF, Christine Lagarde, to take office Tuesday, the organization welcomed the developments."We welcome the commitment of the Eurogroup to a funding strategy that ensures that the Greek economic program is fully insured," said the spokesman for the IMF, Caroline Atkinson. No details however were given about a possible date on which the Board could meet to release the funds.

Berlin puts pressure

If these 12 billion euros to Greece should avoid going bankrupt in the short term, it is not enough to save the country permanently and fully reassure the financial markets. For this, the country has called for a second bailout International 110 billion euros. Finance ministers of the euro zone have promised yesterday decisions "in the coming weeks." For its part, the German finance minister, Wolfgang Schäuble, more prudent, spoke of an agreement by the fall only.Berlin looks indeed to be certain that Greece implement austerity measures quickly that the country has promised. "After the release of the fifth installment of the countries of the euro area and the IMF, the next step must be addressed decisively: the measures passed in Athens should be implemented quickly. Privatization, for example, must be launched without delay, "responded the German Minister of Finance. Response of Athens: the austerity plan of 28.4 billion euros will be implemented before mid-September.

Ireland, Portugal, Italy and Spain could knock on the door

These two months of rest should also help to advance on a second rescue plan 110 billion euros. Finance ministers of the euro area have not spoken on this subject last night.They expect to clarify the private sector, banks and other creditors, imposed by Berlin to a new plan to help decide. "The details and extent of the involvement of private and official sources of additional funding will be determined in the coming weeks," they said.

Time is running out: Ireland and Portugal may need a new international aid. As for Spain and Italy, both countries are under pressure from rating agencies. "The failure of European political leaders to resolve the crisis quickly and decisively hits the rest of the euro area," says Ben May, economist at Capital Economics. The United States pressed more in Europe to solve its debt problems to avoid a global impact."If Greece fell deeper into recession following the new austerity measures, it could reduce the willingness of governments to implement additional fiscal measures," says Ben May.

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The numbers are staggering. In Germany, the financial damage caused by cyber crime amounted to 61.5 million euros in 2010, according to figures released Thursday by the criminal police and the Federation of high tech Bitkom. This is equivalent to an increase of 66% over the previous year. As the United States, the FBI estimated the cost of crime to some digital $ 560 million in 2009. A world-wide, according to McAfee, cyber crime would have generated some 1000 billion in 2008, about 1.64% of world GDP for that year. Remains that, without minimizing the scale of the scourge, these figures are perplexing.

Many experts give little credence to these studies because most of them emanate from computer security specialists. For the record, other than McAfee is the world number two antivirus software.In addition, "less than 10% of companies report having experienced cyber attacks," said Jean-Paul Pinte, senior lecturer in strategic intelligence at the Catholic University of Lille. According to the specialist risk management and cyber terrorists of enterprises affected societies fear the bad publicity due to media coverage of cyber attacks.

Jean-Paul Pinte, "we know nothing of the legacy and financial losses suffered indirectly." He added: "If an attack is to relieve a company of sensitive information, loss of data will generate multiple costs, such as loss of competitiveness, or the upgrading of security."

"Hard to get a comprehensive view"

Director of the National Security Information Systems (Anssi), Patrick Pailloux abounds in this direction."When a site is the victim of an attack, he takes as an example, it is first blocked, causing a shortfall. Then we must add additional costs to set up a hotline strengthened. "And on the practices of industrial espionage initiated via the Internet," How can we measure in terms of losses that a competitor could steal ?, "asks the director of Anssi. Clearly, "it is difficult to get a comprehensive view of the problem," says he.

Despite these criticisms, these figures are held up to each event on Cybercrime. However dated, the estimated one trillion dollars of McAfee is authoritative. Last May, it appeared even in the "reminder" of the fourth Parliamentary Forum on Information Society in Geneva, on the initiative, among others, the United Nations.Trompe-l'oeil, the text quoted a source stamped Europol, the pharmacy police intergovernmental European Union, which actually refers to the numbers … the software publisher.

If governments do not hesitate to chopping these impressive figures, it is often necessary to legitimize, but costly reinforcement of their agencies against digital piracy. Or clear, make the pill easier to swallow from taxpayers. In January, the UK has estimated that cyber attacks cost him a whopping 27 billion pounds per year (32.2 billion euros) in a government study.An amount (by far) greater than the harm claimed by the United States … A few days before making public figure, London has announced the release of 650 million pounds over four years to "strengthen its cyber security "…

International cooperation in the war-horse

Without waving the national figures, France is no exception, as evidenced by the announcement of piracy Bercy in March. Patrick Pailloux it was for the state to "lead by example" to encourage companies to report piracy they wipe. The Director of Anssi said that 150 computers were then infiltrated by hackers to steal documents for the French presidency of the G20. "We were able to counter the threat," he goes on, noting that thirty experts have been mobilized for two months to "clean up" more than 130,000 positions in the Department.A communication that is timely, since Anssi plans to double its workforce (360 employees) by 2013.

Such methods may be distasteful, but experts and politicians agree: there is no time to waste on the face of digital crime. "For a long time in France, we thought that hacking and computer intrusions were not really dangerous, says Jean-Paul Pinte. But now we know that it's become a real business, and that the threat can come from anywhere: a simple USB key, hard drives or even photocopiers, which, connected to the Internet can become the target of hackers ".

Therefore, international cooperation, which requires significant resources, is "a priority," insists Patrick Pailloux. And for good reason: "90% of attacks are international," says the director of Anssi.In the columns of The Tribune, Laurent Wauquiez, Minister for European Affairs, recently recalled that a hacker "can be installed in Latvia, while in France to intervene through a Canadian site." He even considers urgent that Europe adopts "a kind of cyber-FBI-backed Europol" to stem the digital crime. And one last statistic to shoot, ensuring that "a user of thirty lost money in Europe over the last year" due to a hacker.

Businesses, prey selection

Having surveyed 45 U.S. companies in 2010, the Ponemon Institute found that on average, the financial damage caused by hackers and data theft was $ 3.8 million.Like that of McAfee, this figure is to be taken lightly, as though Ponemon shows his independence, his study was commissioned by ArcSight, a specialist in digital security. However, it appears that large groups are increasingly being targeted by hackers. Since the beginning of the year, the list of companies or institutions that have suffered cyberattacks has continued to grow. Sony has suffered more than ten attacks since mid-April, leading to theft of confidential data of more than 1 million customer accounts. Recently, Sega has had the same misfortune: the editor of the series of Sonic hedgehog found in mid-June have been stolen names, email addresses, birth dates and passwords of almost 1.3 million customers on its servers.Google or Citigroup also suffered cyber attacks.

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Saturday, Ali will start at 19:10 Baddou the start of his show The Big Mag, scheduled on Saturday in the clear on Canal +, until August 27. Four years after arriving on the pay channel, the journalist is thus for the first time give his own TV show. "The Great Mag is 52 minutes, mainly of reports around the world, and who give themselves the ambition to tell the world in which we live. There are also meetings with personalities that have marked the year just ended, "said Ali Baddou. For the first issue, The Great Mag return among other Ali Agca, the man who tried to kill Pope John Paul II in 1981, and the phenomenon of the gilded youth of Shanghai imitating the codes of the heroes of the film Fast and Furious. Before proposing a meeting with Nicolas Anelka."For the first time he speaks for this great moment in South Africa in the locker room with Raymond Domenech," said the journalist to seeing you on June 25 to determine the version of football.

Beyond this project, the journalist will use the summer to prepare for his return at the helm of the special edition, on which it will replace Bruce Toussaint, recruited to lead the morning of Europe 1. Renamed New Edition, "the show will change deep enough, details columnist Grand Journal de Michel Denisot. We will keep the anchor in the news, but telling it through those who live it. The show will host a lot of guests and witnesses who will say, on various subjects and varied, how they perceive the news. " Is for this revised version, a format more focused on the testimony and culture. The cast of writers, however, should not change."Ariel Wizman, Daphne Burki, Anne-Elisabeth Lemoine, Nicolas Domenach be faithful to the position low interest rate personal loans."

Hearing no targets

So we said leaving for France 2, the host denies "rumors" and talks about his choice to accept the slice of mid-day on Canal + in 2008 after refusing the morning of the chain, already replacing Bruce Toussaint. "I already went out three years of morning radio, so I did not even discuss the project. There, it's very different, it's a great challenge, especially a presidential year where there is all to do. " Last year, the issue of Bruce Toussaint realized an average 4.4% audience share, or about 590,000 faithful daily. A difficult challenge? "Right now, we talk primarily of the content," says Ali Baddou, denies having received, at the moment, the objectives of hearing from Canal +.

In addition to these two programs by signing the rise of the chain, the journalist will continue to be the joker of Michel Denisot the presentation of the Grand Journal, although it will cease its daily columns on the flagship show of Canal +. He imagines in designated successor? "It really is not there. I replace it, it looks as I do … It's normal, it has nothing to do with the future. " Meanwhile, the man who started his career as a journalist at France Culture (he hosted the morning of the station from 2006 to 2009 and the weekly Le Rendezvous policies) gives clear priority to its television operations. "I pause my radio activities next year," said Ali Baddou at First Attempts to raise the weekly meeting that he still animated at France Culture.

Is this a side effect of the crisis that has swept the Hexagon in recent years or the present assertion of a belief rooted in the longstanding head of the French? According to an Ipsos poll conducted for the National Mutual land and published in La Gazette des communes, no fewer than two in three French say they do not discourage their children to become official if he so desires. For the authors of the study, "the idea that the French have a bad image of officials is therefore reversed. The proof: they dream for their children.

These are, unsurprisingly, the staff themselves who rent the more the idea that their offspring borrow one day the same way they do: 91% of hospital employees, 74% and 71% of territorial officials .If there are few differences between supporters of the left and right, the two opposing groups on the non-replacement of staff on two retiring 71% of prospective voters of François Hollande or Martine Aubry are cons, while 64% of supporters of Nicolas Sarkozy are for. Like what, the public remains a cleavage …

Prudence and tensions are on the agenda of this meeting Thursday at the Paris Bourse. As in Asia this morning, investors should remain focused on the weakness of the recovery in the U.S. while the CAC 40 plunges inexorably. The Beige Book from the U.S. central bank (Fed), published during the session on Wall Street has reinforced the comments made by chilling the day before Ben Bernanke: "Economic activity continued to grow in general, but a small number of regions have expressed some slowing. " This verdict has resulted in lead Wall Street to its sixth straight decline. The highest since February 2009.

The situation is especially worrying that the U.S. government can not reach agreement on a possible increase in the debt ceiling from the federal government, which must yet be approved before August 2.After S & P and Moody's, Fitch has in turn launched an alert on U.S. debt, menançant the triple A of the country.

Responsible macroeconomic news

In this context, the publication of a new set of indicators in the United States will be closely watched. The program first, the weekly jobless claims. Then follow the figures in the trade balance and inventories of wholesalers. European news will be as important to the ECB decision on interest rates.

In France, payroll employment has increased its recovery in the first quarter and the balance of agency has eased, according to Insee. The sectors mainly merchants have created a total of 58,200 jobs after 48,300 over the last three months of 2010, an increase of 0.4% against 0.3% on the previous quarter.

The euro and oil up

On the currency side, the difficulties U.S. leads the euro to rise against the greenback. The single currency is trading against 1.4628 dollars in morning trading.

Side oil prices are trending upward, failing agreement within OPEC to increase production of crude, analysts said. In morning trading, a barrel of light sweet crude for July delivery took 49 cents and $ 101.23 that of Brent North Sea crude for delivery gained 27 cents identical to 118.12 dollars.

Values ​​to follow

Club Med

The group announced on Thursday a profit of 10 million euros in the first half, against 3 million in the first half of 2010.The indicator of profitability of the villages of the French group jumped 67% to 47 million euros.

Remy Cointreau

The group reported a net profit 2011en 2010-down more than 18%, to 107.5 million euros, 109 million lower than expected by the market.

Air France-KLM

The airline announced Wednesday an increase in passenger traffic in May, albeit at a slower pace than in April, which had benefited from favorable comparison bases.

EDF

EDF could be tested by the weather this summer. RTE, the French electricity network operator, today the government's scenario for the summer. Dry weather and heat wave could cause the system to its limits.

Aeroports de Paris

ADP announced Wednesday it had entered into exclusive negotiations with the operator of airport services 3S Group to cede a majority stake in its ground handling activities.

Sopra

The shareholders gave the green light Wednesday to the proposed demerger and listing of Axway Software, the software division of group counseling and services.

Saint Gobain, Bolloré and Ruby hold their general meeting today.

A symbolic handover and structuring. The U.S. site video rental Netflix, which distributes DVDs and subscription movies online, now generates its own 30% of U.S. Internet traffic during peak periods. Netflix is ​​the most voracious consumer of capacity on the fixed Internet, according to a study published by Sandvine, a specialist in the management of online traffic. On a full day, its share of traffic reached 22.2%. Netflix is ​​ahead and the sharing site BitTorrent files, a mecca for illegal downloading, which loses its position as the online service more greedy with 21.6% of traffic.

"Netflix is ​​now the undisputed king of bandwidth in North America," the study notes. For its authors, this rocker confirms that "we are now in the age of Internet video.""Customers have clearly adopted the online video service Netflix, fundamentally changing the Internet landscape," said Sandvine. And the change will be sustainable, development of mobile devices such as digital decoders and iPad like Roku and Boxee to make further use of Netflix in the U.S..

23.6 million subscribers

The break came quickly. During the previous wave of the study, published in autumn 2010, Netflix is ​​still picking up "only" 20.61% of Internet traffic during peak hours. Netflix, which has 23.6 million subscribers to its video service, has recruited 6.7 million over the past seven months.

The service, founded in 1997 by Marc Randolph and Reed Hastings, started in mail delivery of DVDs ordered online. Then he revolutionized the market in October 2010, introducing an Internet subscription only $ 7.99 per month.For this sum, the subscriber can consume an unlimited number of movies and TV shows to a PC or a TV connected to the Internet. In parallel, the department has stepped up agreements with U.S. television networks like HBO and AMC to access more content. Finally, Netflix is ​​a service automatically offered in the Apple TV set-top boxes.

Above all, the company has managed to win the TV show via video game consoles connected to the Internet. Thus, the PlayStation 3 and Xbox 360 are the first two modes of access to Netflix, used respectively by 31% and 25% of subscribers. The Nintendo Wii accounts for 11% of subscribers. In total, these three consoles represent 67% of subscriptions. They precede the PC, chosen by 19.55% of users.

Capped plans

Netflix subscribers who access the service through game consoles connected to "consume twice as much data" than other customers, also notes Sandvine. Similarly, the study estimates that a third of Xbox 360 connected to the United States are used to distribute movies rented from American society.

Faced with this abuse of traffic, Netflix has started making arrangements. Thus, it seeks to reduce by two thirds the bandwidth consumption in Canada, noting that much of its subscribers have Internet packages capped. Its share of Canadian traffic has increased from 13.5% to 5.7%, says Sandvine.

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Small volumes of trade and wait. This could be the profile of the session on Wall Street Monday. After closing up on last Thursday (Friday was a holiday), the NYSE was heading toward an opening in the green Monday. Upstream of the opening, the futures contracts reflected an increase of 28 points on the Dow Jones at 12,462 points, 4.4 points on the S & P 500 at 1335.4 points, 6 points and the Nasdaq , at 2381.5 points.

Investors should remain cautious earlier this week, pending statements from Fed Chairman Ben Bernanke on Wednesday. Forecasts of inflation and economic outlook: new publications the U.S. central bank should be explained at the first press conference after the meeting of the Governing Council.On the other hand, the first official estimate of GDP for the first quarter will be published Thursday.

Side companies, Ameriprise Financial, Johnson Controls, Kimberly-Clark and Radioshack should publish their results before-hours trading. The distributor of electronic products RADIOSHACK posted a quarterly profit of $ 0.33, $ 0.35 cons expected by the consensus. The turnover stood at 1.06 billion dollars as the anticipated 1.07 billion consensus.

On the other hand, NIKE could see its stock price reached a new high over the next 18 months if the OEM is able to raise prices without adversely affecting sales, according to investors cited by the magazine Barron's. After the record high reached last year to 92.49 dollars, as Nike declined to $ 80, due to the rising cost of oil, cotton and labor.On the other hand, the bank Wells Fargo has raised its rating on the pharmaceutical company Johnson & Johnson "market performance" to "outperform."

Finally, the title of the Chinese search engine Baidu might be heckled. The Chinese government will punish the search engine and 13 other sites for allowing illegal music downloads, reports the official Xinhua News Agency. No details on the nature of the sanctions has been published. According to Xinhua, the sites in question have left online illegal content despite several warnings from the authorities.

The course from Advanced Micro Devices (AMD) could also be active on Monday. The computer chip manufacturer announced Thursday after-hours trading that its net income had doubled in the first quarter quasimment.SanDisk also announced on Thursday its results for the first three months of the year, slightly down from last year. PG & E for its part, announced the sudden departure of its CEO Peter Darbee.

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Shortly before the opening of Wall Street index futures Standard & Poor's 500 and Nasdaq 100 retreated 0.51% respectively to 1302 and 0.67% points to 2293 points, suggesting an early session in the red. The Dow Jones was due in part to its decline from 0.41% to 12,149 points.

The day before, the U.S. stock market had entered into an indecisive session slightly higher. The results of the first quarter of JPMorgan, though strong, were certainly enthused the stock markets, by and of the Atlantic. But they also left Wall Street more lukewarm. The title JPMorgan also yielded 0.83% at closing."The outstanding consumer loans, down from 8.50% in the quarter were disappointing in this publication," suggested Christian Parisot at Aurel BGC.

Obama's speech and the Beige Book Fed's call for caution

Prudence markets, fueled by retail sales figures mixed, could also be explained by the expectation on Wednesday, after closing a speech of Barack Obama since the George Washington University, the preferred solutions for fight against debt and deficit. The U.S. president has proposed including more taxing wealthy households.Objective: to reduce the U.S. deficit of 4000 billion over 12 years.

The Beige Book Fed unveiled, also on Wednesday evening, has not reassured the markets: according to this highly anticipated release, "the Japanese disaster of 11 March will have a greater impact than expected on the U.S. economy , "because of disruptions in sales and production (especially on the East Coast and central United States)," says Franklin Pichard, Director Barclays Exchange payday loans guaranteed no fax.

If the activity has continued to improve in the United States, this improvement has been uneven from one region to another. Soaring commodity prices began to threaten corporate margins and consumer spending.According to the Fed, the housing market remains depressed, even if the labor market, however, is stronger than in February.

Producer prices and jobless claims

Side indicators, foreclosures in the United States are divided on the rise in March, said this Thursday, the specialist firm RealtyTrac, which are expected to grow further in the coming months. In total, 73,174 homes were seized by creditors in March, up 13% from February, according to figures from RealtyTrac.

On the agenda of the day, the producer prices for March will be announced at 14:30, at the same time that the registered unemployed.This Thursday and Friday, also held the ministerial meeting of the G20 in Washington.

Google and Hasbro unveil quarterly leursrésultats

On the corporate side, after Alcoa and JPMorgan, it is this Thursday, Googleet Hasbro unveil their accounts in the first quarter.

Zipcar, a U.S. car rental self-service, also announced Wednesday it fixed at $ 18 the price of the 9.7 million shares it plans to market Thursday, which would an IPO at some $ 164 million. This price action, revealed in a document released Wednesday by market authorities, beyond the range of 14 to 16 dollars advanced last week.

The negotiations have accelerated over the past week between Jean-Bernard Levy, CEO of Vivendi, and its counterpart Vittorio Colao, CEO Vodafone. The two sides finally reached an agreement Sunday to 7.75 billion euros plus the payment of a dividend of 200 million euros in the first half, Vivendi puts his hand on the 44% stake in SFR it does not already own. The transaction is expected to close in late June 2011. This sum values ​​SFR to 17.6 billion euros, or 6.2 times its EBITDA. A valuation standards-compliant transactions in the telecom sector.

With this transaction, Vivendi finally control the entire second French telecom operator who weighs 12.5 billion euros in sales and has 21 million mobile customers and 5,000,000 fixed customers."For the first time since the creation of SFR in 1987 by Generale des Eaux (Vivendi ancestor) that the second French operator has a single shareholder," said Jean-Bernard Levy, CEO of Vivendi. However, SFR and Vodafone will retain preferential trade agreements for three years. These agreements relate to roaming subscribers of SFR in France and beyond those of Vodafone when they travel to France. The agreement also covers joint management of major international clients. "Now more SFR may be present outside of France and develop new services for its customers," said Jean-Bernard Levy. However, Vodafone will not be the operator of Vivendi's holdings abroad as Morocco Telecom and GVT in Brazil. For these operations, "Vivendi will retain management," said Jean-Bernard Lévy

SFR occupies an important place in the Vivendi group.During the years of crisis in 2002 when the group collapsed under 32 billion euros of debt, he found his salvation by acquiring a majority stake in SFR from British Telecom for 4 billion euros. Thus, Vivendi could access the cash flow of its telephone subsidiary, which enabled him to honor the payment of its debt. SFR, Morocco Telecom and GVT, Vivendi telephony is clearly becoming a telecoms group. Its media activities: Canal +, Universal Music and Activision Blizzard are now a minority. However, the group intends to use the cash from SFR to strengthen it.

"Last but not negligible for Vivendi shareholders, this transaction will increase our annual profits, which allow us to increase the dividend for 2012," promises Jean-Bernard Levy. The current dividend is 1.40 euro.

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The festival will she wasted Friday, scheduled for the Commercialization of the iPad 2 in 25 countries, including France? It is likely that the shelf is available in limited quantities. "We do not comment on rumors or speculation," says the firm at the apple, which states that the sale of its Internet Tablet in Japan will be delayed. Research firm iSuppli IHS is more worried: "The consequence of the earthquake in Japan may pose logistical problems and disruptions in the supply chain of the iPad 2."

Since its launch on March 11, success is such that the iPad two runs out. 0.5 to 1 million units were purchased, according to experts. Sales that underpin the world leader in this market to Apple, after the sale of 14.79 million in the first iPad 2010.Now, the Cupertino company will face "a lack of components produced in the devastated region, which includes the" electronic compass AKM Semiconductor, very difficult to replace the battery and, probably, advanced technology glass screen produced by Asahi, "says IHS iSuppli. Memory chips, supplied by Toshiba, can be replaced by those from South Korea's Samsung and Micron Technology of the U savings account payday advance.S.. However, despite the label "Made in China" battery, IHS iSuppli notes that its components are made by Apple in Japan, which buys Archipelago, due to the special shape of the battery polymer lithium-ion batteries.

Zero stock

Even if the iPad 2 is assembled in the land of factories, in Shenzhen, the Taiwanese Foxconn group, Apple claimed at its suppliers 'best practices' which include a "lean production with zero inventory", invented by Toyota.These difficulties are likely to affect the iPhone. Sony Ericsson mobile world number six, said that its smartphones could be in short supply. The handheld gaming Nintendo 3DS relief could also be lacking. "Japan will have an impact for all groups of consumer electronics," said Friday Crohas, CEO of Archos.

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