So at the highest level of the state that it extinguishes the fire started in the summer by the Ministry of Economy and Finance in search of tax revenue. They would have liked to go back VAT on Pay Television from 5.5% to 19.5%. The sector enjoyed a far reduced rate by virtue of his substantial contribution towards the financing of entertainment and art.This 15% increase in VAT could bring almost 1 billion euros in state budget 450 million from one group Canal +, the first financier of French films and several tens of millions – we are talking about approximately 80 million euros – Numericable.

All last week, operators and the creation of the world have mobilized to protest measures that would have destabilized the entire system, far beyond the cinema alone. Indeed, retailers were planning to scale down the pay channels to the already fragile economy. Finally they also threatened to raise subscription prices, what influence the purchasing power of French pay-TV subscribers. Thus, on average, cable subscribers have seen their membership increase by 4 euros while subscribers to Canal + would have faced an increase of 6 euros.

In a report released in London, Boeing presented its annual outlook 2010. "The global market is in much better shape than last year, but challenges remain," said Randy Tinseth, vice president for marketing at Boeing Commercial Airplanes, the branch's civil aviation manufacturer.Capitalizing on global growth than expected, Boeing expects that "the air traffic registered an increase this year, both for passengers and freight," said Randy Tinseth.

In the long term, Boeing said a total of 30.900 anticipate orders to the horizon 2029, a figure up 6.5% compared to the forecast of 29,000 made last year. These new orders represent a total 3.6 trillion dollars (2.788 trillion euros). For Boeing, the demand will be sustained in particular by increasing the number of LCCs and Acceleration replacement by airlines for their aircraft models écononomes fuel. And of course, by the "economic recovery".

A recovery that will boost air traffic.According to Boeing, the world air traffic will increase by 5.3% per year by 2029, with the number of passengers carried increased 4.2% per year over this period.

The most prominent aisle

To meet this demand, Boeing is betting on the single-aisle aircraft segment, which will benefit from the appetite of companies to lower costs. This type of aircraft has become the face of long-haul for a decade, says the U.S. group's report. "The airlines will choose to offer more flights using aircraft with more efficient (in terms of fuel consumption, Ed), rather than managing fleets of aircraft much larger," says Boeing. Consequently, the market for large aircraft (type 747 and beyond, namely the Airbus A380's competitor) will account for only 720 units, totaling 220 billion dollars.

Finally, over the next two decades, Boeing sees the Asia-Pacific than in North America as the first global airline market. According to the manufacturer's calculations, the Asia-Pacific will account for 43% of global air traffic by 2029.

To further extend the Dreamliner?

In this horizon rather than a black cloud emerged, however: the delivery of first Boeing Dreamliner could be postponed until early next year while the U.S. aircraft maker said earlier this month that it would intervene in the fourth quarter 2010. If ever the first delivery was a new delayed, the delay from the original schedule – May 2008 – would exceed two and a half years.

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Standard & Poor's predicted an earthquake in the scoring in the United States. She believes that the current reforms on the financial regulation in the United States threatens the business of Moody's. For example, "investors may sue the agencies in the event of fraudulent or reckless notation, notes S & P, which" increased legal costs of Moody's "dramatically," says S & P.

Moody's might also face a drop in sales, ahead its competitor.New laws in effect remove the references to footnotes in regulatory agencies and investors could then no longer need their services.

Black Series

The decision by Standard & Poor's added to the long series of bad news qu'essuient its competitor. In recent months, Moody's has seen some of its former analysts testify against her before the U.S. Senate. One of its main shareholder, billionaire Warren Buffett, has withdrawn in part. And the agency was roundly criticized by some investors for notes attributed too generous to Greece, Portugal or Spain. When she does not suffer from the wrath of authorities for the untimely degradation States Notes.

Logically, these arguments on the ratings business in general, thus also relates to Standard & Poor's."This decision serves as a warning signal for the whole sector," Norbert Gaillard analysis, an economist and specialist agencies. The agencies are so far very profitable, with operating margins (operating income compared to the number of cases) between 30 and 40%.

Concerns about the sector

The agency derives she shot in the foot by publicly expressing concern about the future of its industry? Yes and no. If she criticizes his rival, it is mainly because the turnover of the latter depends on more than 90% of rating business alone. This is not the case of S & P. "She has put in place, long ago, a diversified business model (financial, S & P 500), regulatory reforms under threat," said Norbert Gaillard.

Moody's will be difficult to replicate its rival news: it is not publicly traded, it is backed by a large group, McGraw Hill. And if attacked, S & P will always assert its good faith by recalling that it had downgraded the rating of its own parent a few years ago.

The brown bean has been the stars of the markets in London and New Yorker last week. The tonne of cocoa for July delivery climbed to 2,350 pounds in London, its highest level since January 21 last. In New York, a ton for the same maturity has reached 3211 dollars, its best performance since February 1. Friday, prices were flirting with the same levels at 2336 pounds a ton on the Liffe, and 3186 dollars on the NYBOT.

The rebound by a recovery in global consumption of chocolate. The volume of cocoa stocks rose 16.17% in North America. Another factor in the rise: speculative buying. They returned in force in this market, driven by the potential of emerging countries including China.

In contrast, coffee prices fell, hit by rising dollar.The dollar rose Thursday to 1.3202 dollars per euro, its strongest level since April 2008, amid concerns Greek. On Liffe in London, the Robusta for July delivery was trading at around 1,325 dollars per tonne on Friday against 1385 dollars for the same term contract last Friday. On the NYBOT New York, he posted 131.60 cents 132.10 cents a pound against the pound last week.

From their side, wheat, corn and soybeans show a slightly more moderate increase than last week. Wheat finished 491.50 dollars on Friday in Chicago (2.24% on the week). A bushel of corn finished at $ 3.54 while that of soybeans ended 9.96 dollars on Friday in Chicago.

The plates still on top

As for precious metals, platinum rose to 1,754 dollars per ounce, a price he had not seen since July 2008.For its part, palladium reached 572 dollars per ounce, the highest since March 2008. Friday in London, an ounce of platinum finished 1725 against $ 1708 per ounce last Friday. The ounce of palladium finished at 555 dollars against 532 dollars a week earlier.

Gold however has continued to weaken. The courses have been affected by the case Goldman Sachs, like many other financial assets No fax pay day loan. On Monday, after the announcement of a prosecution for fraud by the SEC, gold has plunged to 1,124 dollars per ounce. The rising dollar has not helped to support markets.On the London Bullion Market, an ounce of gold ended at 1139.50 against 1151.50 dollars Friday dollars last Friday.

The ounce of silver followed gold ended down at 17.89 dollars Thursday.

Base metals: copper runs out of steam

Star of the market in recent weeks, copper has seen more difficult days this time by returning to below $ 8,000 per tonne, down over 2% in 5 days. The markets saw a dim view of the rising dollar.

Aluminum, which had hit its highest level since late September 2008 to 2494 dollars per ton during the Friday meeting, a cash drop of 6.5% over the week. According to analysts, the offer would be so abundant that China should become a net exporter of aluminum this year.

Nickel, which reached are higher in two years last Friday (27 595 dollars per ton) is decreased again.It was worth 26,930 dollars per tonne on Friday.

Oil boosted by good U.S. data

Oil ended sharply higher on Friday above 85 dollars a barrel. The contract on June U.S. light crude ended on an increase of 1.7%, to 85.12 dollars a barrel. For his part, Brent North Sea took 1.84% to 87.25 dollars.

"The very good statistics of new home sales was favorable to the crude," said Robert yawg, Vice President MF Global.Sales of new homes rebounded strongly in March to 26.9%, the fastest pace since April 1963, at 411,000 units annually against 324,000 in February, ending four straight months of declines.

Prices were also supported by rising demand in China and Greece's decision to engage the support mechanism of the European Union and the IMF.

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A technical correction was expected.But that was not expected, is the slamming received by Goldman Sachs, whose shares fell by more than 12.5% to 17.15, bringing with it the whole banking sector and stock market indices.

The U.S. stock market watchdog, the SEC announced Friday it was suing the U.S. investment bank Goldman Sachs to "fraud" on the sale of investment securities linked to subprime mortgages, known as subprime cash till payday.

Goldman Sachs and one of its leaders, Fabrice Tourre, are accused of defrauding investors face while making "misleading statements and omitting material facts on certain financial products linked to subprime loans when the market U.S. housing prices began to collapse. "

The Dow Jones, which retreated in early trading by 0.41%, slipping from 0.92% to 11,041 points. The Nasdaq slipping 1.23% and back below the 1,200 points, 1190 points exactly, and the S & P retrograde 1.8% to 2049 points.

In Hong Kong, the markets continue in their euphoria: The Hang Seng climbed again on Tuesday to 1.4%, to 21,537 points. India's BSE Sensex 30 allows itself 0.94%, to 17,692 points.

Increases also softer

Lower increases are found elsewhere in the region, as Shanghai, where the CSI 300 is 0.34%, to 3403 points. Industrial activity is at its highest in six years.The growth rate could rise to 12% in the first quarter. These good figures show a rebound in domestic demand.

In addition, Chinese President Hu Jintao hoped his country and the U.S. economic relationship and trade ties "stable" and "healthy" during a conversation with his U.S. counterpart Barack Obama bad credit payday advance.

In Sydney, where the S & P / ASX earns 0.66%, to 4907 points, or New Zealand, where the NZX 50 wins 0.25%, to 3276 points.

The night before, Wall Street has ended on a positive note, while U.S. markets will be closed this Friday.Fall day when the U.S. unemployment figures as expected by investors.

JAL: creditors require less international links

The main creditors of the first Japanese airline is currently in receivership, Japan Airlines (JAL, -0.67%, 3.72 yen), demand that it drastically reduced its international connections to continue to lend money , said Friday Nippon daily.

Crushed by debts of more than 2,000 billion yen (more than 15 billion euros), the former national airline filed for bankruptcy in late January and began a drastic recovery program under the auspices of a semi-public rescue companies in distress. Its aircraft are still flying but the company still loses money.

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The trend is also vague on other major European markets. In Frankfurt, the Dax as grapppille ACC 0.01% at 6157.7 points Monday after reaching its highest level since September 2008 while in London the FTSE slips 0.09% at 5705.5 points.

The figures in France

INSEE released at 8:45 the detailed national accounts for the fourth quarter. The GDP grew Hexagon as previously estimated 0.6% in the fourth quarter. On the year, growth fell by 2.2%.

Household consumption grew by 1% over the last three months of 2009.Purchasing power has slowed (+0.2% against +0.5% in the third quarter), but rose by INSEE of 2.1% throughout the year.

Moreover, the number of starts of new homes in France fell 12.8% during the months from December 2009 to February 2010 compared to the same period a year ago, and the number of building permits has folded by 14.3%, said Tuesday the Department of Ecology.

Across the Atlantic, all eyes will be on the S & P / Case-Shiller housing price, to be published 15 hours. An hour later, consumer confidence will be unveiled in March.At 18:30, the economic advisor to President Barack Obama, Paul Volcker, will speak at the Peterson Institute.

But the main highlight of the week on the macroeconomic level is expected Friday with the release of monthly statistics of unemployment in the United States.

The Multaq Sanofi recommended in the United Kingdom

EDF (+1.69% at 55.77 euros) is leading the largest increases of ACC 40.Merrill Lynch raised its price target to 47 euros, against 45.4 previously, and reiterated its buy advice, believing that the future law on opening the electricity market should "significantly improve the visibility" on the active French EDF payday loans online.

Sanofi-Aventis (0.50% to 41.25 euros) announced Tuesday that the National Institute for Health and Clinical Excellence (NICE) has released a new report evaluating the medicine of the future, the Multaq in which the Institute expressed its intention to recommend the use of this drug for the treatment of patients with atrial fibrillation. The drug for heart disease from Sanofi-Aventis had been considered "poor" by the Commission on transparency in France, which had sealed the title of the pharmaceutical company.

The TGV Tours-Bordeaux Vinci

On Tuesday, investors have taken note of the happy elect of the draft Tours-Bordeaux TGV. Vinci (+1.45% at 44.11 euros) won the tender for the contract by more than 7 billion euros against Eiffage and Bouygues.

Wendel (-2.83% to 44.91 euros) announced a net loss of 809 million euros in 2009.The net asset value has doubled since 2008 and stood at 56.9 euros per share.

Vranken Pommery, it said net income Group share up 7.8%. The group spiritueuxversera Champagne and a dividend of 1.15 euro. The title wins 2.50%, to 30.75 euros.

Pre-market Transdev, whose merger with Veolia Transport should be completed in the second half of 2010 will hold a press conference presenting the results and balance sheet activity in 2009. Veolia wins 0.44% to 26.11 euros.

On Tuesday, will also be held a hearing at the Commercial Court of Paris on Natixis (+0.20% to 4.02 euro).Minority shareholders, united behind the consultancy Deminor have assigned the bank in early January for "spreading false, misleading or deceptive on the prospects for Natixis in its creation.

After Hours, the annual results 2009 Neopost (balance) will be published.

Investors seemed reassured by the latest statistics. The U.S. trade deficit fell to 37.29 billion dollars from 39.9 billion in January. For specialists Barclays Exchange, "it is a pleasant surprise to the extent that economists were expecting a deficit of 41 billion dollars." Other good news side of the labor market "listings weekly unemployment fell to 462,000 from 469,000 the previous week.

On Wall Street will be sitting under the sign consumer with the publication of sales information for the month of February and the preliminary estimate of consumer confidence.Business inventories for the month of January will be published in late afternoon.

Shortly before the opening, futures on Nasdaq 100 and Standard & Poor's 500 advanced 0.01% respectively at 1925.50 points from 0.06% to 1151.30 points.

On the side of values, the CEO of Citigroup has pledged a return to profitability of the bank. The state could get rid of all of its shares within twelve months. The title of Citigroup rose 30% since the beginning of the month and by 20% since the stock market Monday.

For several sessions throughout the banking sector enjoys a renewed interest from investors. On Thursday, he was also concerned by the failure of talks in the U.S. Senate to reform the financial system.After several months of effort, Senator Dodd, chairman of the Senate Banking Committee, has not succeeded in concluding an agreement between Republicans and Democrats on this bill to reform the banking system.

In the energy sector, Devon Energy, a specialist in the production of oil will sell at BP Plc for seven billion dollars of assets located in Brazil, Azerbaijan and the Gulf of Mexico.

Note also the manufacturer of semiconductor National Semi-conductor announced after the close of the NYSE, a profit of 53.2 million, or 22 cents a share against 18 cents expected by analysts' consensus. Turnover was 361.9 million against 348.6 million expected by analysts.

The United Nations said on Friday he had received 268.5 million dollars in aid pledges from many governments and businesses. To this sum, plus the $ 100 million that the International Monetary Fund (IMF) has put on the table.At a press conference in Washington yesterday evening, its managing director Dominique Strauss-Kahn said this aid, which will be released "very soon" by the board of the IMF, would come from an extension of a existing loan to Haiti. The day before, the World Bank had pledged aid for the same amount.

Governments at the rendezvous

Among the twenty donors reported by the UN include Belgium (0.65 million), Sweden (0.85 million), China (1 million), Italy (1.46 million), Finland (1.8 million), Denmark (1.9 million), Switzerland (1.9 million), Germany (2.17 million), Netherlands (2.91 million), Spain ( 4.37 million), EU (4.37 million), Canada (4.8 million), Brazil (5 million), Australia (9.3 million), the United Kingdom (10 million ) and the United States (100 million).

In France, the Economy Minister Christine Lagarde has benefited from the presentation of his vows to the press this morning to ask the creditor countries of the Paris Club to cancel the entire debt of Haiti. The country still has 54 million euros to France, for example. Paris had already canceled unilaterally and unconditionally 4 million euros of debt, December 11 last. Christine Lagarde also appealed to Venezuela and Taiwan, two major creditors of Haiti who do not belong to this group.

Solidarity initiatives of companies

But generosity is not the sole preserve of large institutions and governments. NGOs and associations are at the forefront, both on the field and at the collection of donations. Calls for assistance have increased over the past three days.In addition to individuals, many companies have personally responded to these appeals, as after the tsunami that hit Asia in late 2004. Numerous initiatives have been announced, including France.

The Post, for example, will publish in the coming days, a tone of solidarity with the victims of the earthquake. The price of 1 euro includes a donation of 44 cents to the Red Cross. EADS and its subsidiary Airbus has decided to lend the association Action against hunger a jumbo A 340 to help the Haitians. The aircraft must take off from Lyon on Friday afternoon, with on board 150 cubic meters of material health and telecommunications, as well as pockets of water. Following the call of Industry Minister Christian Estrosi Wednesday, the French pharmaceutical industry donated 56,000 emergency treatment for relief teams visiting Haiti.Finally, the French airline Air Caribbean said this morning that it would introduce flights at special rates for Port-au-Prince, from the airport in the Haitian capital will be reopened to commercial flights.

The challenge of rebuilding

Such generosity is not without challenges. This effort requires international coordination, said Dominique Strauss-Kahn. Start quack, the EU acknowledged on Friday having been informed "by the press" of the international conference for reconstruction and development of Haiti, announced yesterday by France. "I am not aware" of the conference, said the spokesman of the High Representative of EU for Foreign Affairs, Catherine Ashton, during a press briefing in Brussels.

Yet, as Bernard Kouchner, the appointment is already taken.The conference, which would join the United States, Brazil, Canada and other countries, could be held in March, said the Foreign Minister this morning.

Haiti, a country to its knees

• Population: 9.8 million (UN estimates 2008)

• Gross national income (GNI) per capita: $ 560

• Poverty: 78% of the population lives on less than $ 2 per day and over 50% with less than $ 1 a day

• United Nations Development Program (UNDP): 146th rank among 177 countries worldwide

• Life expectancy: 59 years for men, 63 for women

• Infant mortality rate: 60 per 1,000 births

• Aid for Development: The World Bank has granted 273 million dollars in financial assistance to Haiti since 2005, through the International Development Association (IDA).

(Source: World Bank)

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In moving in Cholet, Maine-et-Loire, to present his greetings to economic forces, the President of the Republic Nicolas Sarkozy will go through the factory, where 850 employees are working on making this phone. The terminals will exchange sensitive information secrecy protection.Only two companies in the world are able to produce such a device.

In 2010, the Head of State, representatives of ministries and military staffs will have the 14,000 copies ordered by France in March (price not known at this time).

To ensure the security of sensitive communications that must relay any lost or stolen device will be excluded from the network.