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Off the road for Saab. Despite the best efforts of its owner, Swedish Automotive (formerly Spyker) to find cash, the Swedish automaker filed for bankruptcy on Wednesday. In a statement, Swedish Automobile said it had requested the placement of Saab in the protection of bankruptcy law. As part of a "voluntary reorganization," the contractor seeks to save time. Time to "attract additional funding" and especially, time to "ensure the payment of wages" and "prepare an orderly restart of production," selonVictor Muller, CEO of Swedish Automobile and CEO of Saab Automobile.

"Considering the financial resources currently limited to Saab Automobile, a voluntary reorganization will help to use the most efficient way the existing resources," the company said.It must be said that its financial situation is critical for several months. The manufacturer, which employs 3,700 people, announced in June that it would stop paying the salaries of its employees. Part of these wages was settled late, since, while, as of August have not been paid. In late July, the Saab postpone indefinitely the resumption of production at its only factory in Trollhattan, Sweden, interrupted once again from June 8 Suppliers, remained unpaid, stopped shipments from April free 3-in-1 credit report. Some had to degrease their workforce.

Breathless

In this grim context, Swedish Auto has continued to widen its losses. In late August, the owner of Saab announced a significant loss of 201.5 million euros in the first half of 2011, against 21.9 million euros during the same period in 2010. The losses have been increased tenfold.The group, however, made efforts in all directions to ensure its survival. Saab had been saved from bankruptcy in early 2010, when, breathless, it was bought by the Dutch Spyker (now Swedish Automobile) to U.S. giant General Motors. Over the last six months, Saab has signed contracts with Chinese distributors and Pang Da Youngman and negotiated a contract to sell its real estate leased for cash.

These efforts have been inadequate and the rest of the employees of the manufacturer of short duration. Now, IF Metall, the main trade union of Saab, said that the decision of Swedish Automobile "might be a good solution."She hopes a quick decision of the Court of Vänersborg on the demand for Swedish Auto, so that its "members can quickly receive a reply regarding the payment of their salaries."

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This Friday looks bleak at the Paris Bourse. Operators should be difficult to recover from their emotions after the new European stock markets plummeting and U.S. yesterday. This morning, Asian stock market sent negative signals with indices in very sharp drop.

This bad mood due to a surge in concern about the state of the global economy, reinforced by poor indicators of the Atlantic. Bad index measuring the Philadelphia Fed manufacturing activity in the region, lower sales of existing homes in July, new jobless claims rising again during the second week of August … All signs of the apparent stagnation of growth in the United States.

Concerns about U.S. growth fears add to the debt crisis in Europe, European banks are the first to bear the brunt. In its Thursday edition, The Wall Street Journal reported on fears the U.S. Federal Reserve on the liquidity of European banks. And for the first time since February, the European Central Bank (ECB) has given a major dollar loan to a European bank, whose identity was not revealed. An action that reinforces doubts about the ability of banks to refinance.

Morgan Stanley has added his two cents to panic, explaining that she perceived the United States and Europe as "dangerously close to recession." The President of the European Union, Herman van Rompuy, tried Thursday to calm the mind by ensuring that there was "no new recession" in sight.And this morning, Chinese Vice President Xi Jinping has reaffirmed that the U fast cash online.S. economy was "resilient". In vain.

"The bears are back"

"The bears (stakeholders pessimistic note) are back in force that night, after disappointing U.S. economic indicators and renewed fears about the stability of European banks, which prompted investors to push the button sales," said Ben Potter, an analyst at IG Markets in Australia. "There seems to be getting ready for a weekend very ugly, with a market dominated once again by fear and panic," he added.

Gold reached a new record Friday morning in Asia, to 1,837.50 dollars per ounce, due to the concern. And oil, which fell 6% in New York yesterday, continues to fall in morning trading.A barrel of "light sweet crude" for September delivery lost 1.69 dollars to 80.69 dollars while that of Brent North Sea crude for October delivery gave 68 cents to 106.31 dollars.

No significant indicator that could reverse the trend, are expected on Friday.

Values ​​to follow

The banking sector

European financial stocks again Thursday unscrewed rolled by renewed tensions in the interbank market and concerns about the short-term refinancing of banks.

Danone

Nestlé, the group became a favorite activity for infant formula, Wyeth, Pfizer subsidiary, valued at approximately ten billion dollars (seven billion euros), officials said a source familiar with the bank.

Arrived at the airport Charles de Gaulle airport, passengers will soon have the choice between the RER, bus, taxi and perhaps … the helicopter. In March 2011, the leadership of the Chamber of Commerce and Industry of Paris (CCIP) conducted a survey of leaders of member companies of the Association of users of Defence (AUDE) on their vision of what transportation . The results of the study, published on the site of the PICC last July show that the conditions for development of helicopter transportation in the Greater Paris should be improved. The French capital would become more attractive to foreign businessmen.In addition, the strengthening of the pole-Dugny Air Show, with the arrival in 2014 of the activities of Eurocopter and installation of new research and development of EADS has a ripple effect for the aerospace Ile-de-France, to create new jobs. "It is therefore necessary to provide rapid and efficient links between the international arrivals (airports) and the business districts of the Ile-de-France," the report concludes.

The CCIP has been calling for the creation of a 1997 helicopter service business districts of Greater Paris, especially the defense. But despite the promises of the Secretary of State for Transport Dominique Busserau "to ensure more balanced coverage of the Paris region by helicopter," the number of helicopter movements on the only heliport in Paris in Issy-les-Moulineaux has continued to decline.It was divided by 3 compared to 1990. And it's not finished. Barely reaching 10,000 flights per year at present, the number of trips by helicopter should be reduced to 3,000 by 2014, with only the keeping missions "public service" (EMS, military flights …).

Two new helipads in Paris?

However, the state would already floor on new sites asked. According to reports in Le Parisien, the government is studying various implantation sites for new heliports in Paris and the suburbs.It would thus be considered to implement a site near La Defense and other loops in the Seine-Nord, Gennevilliers and to Villeneuve-la-Garenne.

The project, which emanates from the Secretary of State for Transport, however, would be in total contradiction with the plans against noise, developed by the associations of environmental protection of the Ile de France and the program of sustainable development as mayor of Paris. Companies located in Defence do not support this idea, but do not criticize. "Our staff moves only by car, and it is not planned to spend on travel by helicopter," says one at GDF Suez, the company that has a tower in La Defense.

A project that builds on the experience of major international cities

Although very clean, the air services to major business centers is already highly developed in New York and Tokyo.To avoid traffic jams, the helicopter is a preferred means of transport used on Wall Street, which are well under ten minutes to get from JFK and Newark airports. The island of Manhattan, with four areas of raised, is averaging 37,000 helicopter movements per year.

In recent years, the city of Tokyo began to lose its appeal because of the distances are too long between Narita Airport and the business center of the Japanese capital. Many companies then decided to move their Asian subsidiaries to Hong Kong and Singapore. To facilitate travel between the airport and central Tokyo, the prefecture of the city has decided to introduce in 2009 a service of air service.The routes of some twenty minutes, supported by Mori Building City Air Services, a subsidiary of a real estate group Mori Building were so charged up to 500,000 yen (about 4580 euros) by helicopter, for 4 passengers.

But the country that exceeds all records for the business aviation market is Brazil. The country has seen its traffic increase of private planes and helicopters from 30% in one year. The city of Sao Paolo, has already surpassed New York and Tokyo, with 593 aircraft, flying over the metropolis daily. Helimarte society, the more important hire of helicopters in Sao Paolo, has seen its business grow by 20% in 2010. In addition to saving time, the helicopter remains in Brazil means of transport the safest for people with very high incomes. Nearly one hundred people were kidnapped while traveling by car in Sao Paolo last year.

It's official, the Express-Roularta group, which publishes the Express or read particular, actively considering the future expansion. At a general meeting held Friday, the society of editors of the monthly economic confirmed to all employees of the group that many assumptions were being considered for this newspaper, whose circulation has declined in France paid 2010 from 6.5% to 140,311 copies, according to OJD.

"Nothing has been decided yet but what is certain is the group's desire to stem losses by reducing payroll," says one union source.Among the possible scenarios, which will decide the future of 32 employees: turning the magazine supplement of The Express, all journalists bring economic group in a cross-pole working for several reasons, pass on a quarterly basis by a high-end magazine, or sell.

Expansion employees are under pressure last year. The erosion of sales of the title is yet online, or below, from that observed in the overall economic magazines, down 7.3% last year, according to OJD.

Confidence motion

Magazines such as the monthly Capital (Prisma) or the weekly Challenges (group Le Nouvel Observateur) have seen their circulation decline of France paid 7% and 8% business card.But operating losses accumulated by L'Expansion – 12.3 million euros in five years, including 2.4 million in 2010 – and the failure of the new format of the magazine launched in April 2010 have alerted the newspaper's owner, the Belgian group Roularta Media. A social movement last year and passing a motion of no confidence against the leadership of the group, on May 18, have apparently he finished to convince to make a new crop, it more drastically.

Corinne Pitavy, the CEO of Groupe Express-Roularta and Christophe Barbier and Eric Matton, who co-leading the pole mass media, have sent their proposals to Rik de Nolf, president of Roularta Media Group and its main shareholder. June 24, during a council, an expert should be appointed to audit the financial situation of the newspaper, right after the warning issued by staff representatives in late May.

Measures deemed insufficient. Farmers are almost unanimous in the result of measures announced by the Head of State yesterday in the Charente, including the provision of advances on compensation, exemptions from social contributions and deferred debt.

The President of the Republic "leaves farmers in their thirst," said a statement from Rural Coordination. "The agonizing question of farmers, as how to buy the additional food needed to feed a proper straw-based (for livestock), does not seem to touch the mind of Nicolas Sarkozy," regrets the union. Rural Coordination also reiterated his request for "make available the farmers two million tonnes of cereals in 2011 is intended to produce biofuel."

Another minority union, the Confederation Paysanne, made the same request, and indicates in its brief statement that the announcements made by the president are "insufficient". The union is also seeking the postponement of one year of all maturities of borrowings (2011 paid in 2012 and 2012 paid in 2013) and "zero-interest loans offered by all banks to farmers to aid payments Common Agricultural Policy (CAP) October 15, 2011.

FNSEA satisfied, but relativized

FNSEA, the main farmers' union, is the only one to be satisfied with the measures announced by Nicolas Sarkozy yesterday, saying that the Head of State "became aware of the situation" of farmers and its urgency. Its president, Xavier Beulin, welcomed the "emergency response" proposed.He also welcomed the establishment of a five-year plan to create water reservoirs and reduced volumes of water used by agriculture.

However, the president of the FNSEA expects the figures for the consequences of drought, which should be known in early September. He estimates it will then probably look at more structural measures, and direct payments to certain farms.

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Drought crisis in the cucumber and G20: Invited Talk Orange-Le Figaro, the Minister of Agriculture Bruno Le Maire is back in detail on Monday on these three topics that dominate the front of the news. Positive for some 200,000 French farmers victims of water scarcity, France should be able to release national aid beyond the maximum normally allowed by the European Union (EU). "I moved (Monday, Ed) in Brussels to discuss the matter with Ciolos (Agriculture Commissioner, Ed). No one will be forgotten. I think we have opportunities for national support that will exceed what is permitted by the EU to ordinary, "said Bruno Le Maire.However, the European Commission does not yet directly aid from the EU budget.

Bruno Le Maire especially wanted to ensure that national aid were "euro-compatible", that is to say, "consistent with European law." He remembers the painful episode in August 2009, just months after his arrival Rue de Varenne: Brussels had demanded repayment of State aid paid by its predecessors to fruit and vegetables because the Commission had deemed illegal with respect to Community rules.

"Compensation to the nearest euro"

Another hot topic of the moment: the crisis of confidence among European consumers against cucumbers, lettuce and tomato, consequent upon the outbreak of the deadly bacterium E. coli. While the season is at its peak, this resulted in considerable losses for European gardeners.Especially for the Spaniards, whose whole fruits and vegetables have not been sold for export, more than 200 million in total losses cash advance loan. French producers have not been spared. "There must be a compensation to the nearest euro losses suffered by vegetable growers in France not only for producer organizations but also small producers," insists Bruno Le Maire. A first encryption performed by vegetables in France last Friday, evaluates losses just for cucumbers and tomatoes to 4.8 million. "Our services will address these estimates, in order to unblock the aid faster," said Bruno Le Maire.

The latter will participate on Tuesday with his counterparts in Europe affected by this disaster to an extraordinary meeting in Luxembourg on the issue.It could lead to "an agreement in principle to action," said Bruno Le Maire for the future that "we must draw the consequences of serious device malfunction safety revealed by this crisis." Finally, the G20 on agriculture to be held in Paris in a fortnight, Bruno Le Maire, who completes her world tour in London this afternoon, is optimistic about the possibility of reaching an agreement. "After a year of negotiations, I think it is not far from a consensus. Agriculture is a strategic issue for the world, "said Bruno Le Maire. All subjects that did not give her time to reflect on the estate of Christine Lagarde. "I do not think about the issue, merely there to answer his name when talking to Bercy.

All real estate transactions involve the payment of notary fees. The note, which is completing the acquisition process where the buyer is usually borrow more or less important to his bank, still seems a bit expensive … especially if one confuses notary fees, and fees. Fees, expenses, registration fees … Mazodier Carolina, a journalist with the monthly individual, decrypts the invoice.

The player has to use default in the articles of figaro.fr. maj1

Successful gamble for LinkedIn. The social network dedicated professionals has made a sensational debut on the Stock Exchange on Wall Street Thursday. From the first minutes of listing, the title flew more than 140% to almost 110 dollars. Well above the 45 dollars from his introduction. About 20 hours in Paris, the title continued its surge, climbing 131.31% to 104.11 dollars.

Prelude to this success, LinkedIn had managed to place on Wednesday of 7.84 million shares at $ 45 each, which allowed him to raise $ 352.8 million (248 million euros). Smelling potential, the group had over the day boosted its IPO price of departure.There's another week, it was within a range between 32 and 35 dollars.

According to observers, the success of this initial public offering (IPO) is even more important that the group posted mixed financial performance with net profit after minority interests of $ 3.4 million in 2010, after a loss 4 million dollars last year. Today, this surge in the value to nearly $ 9 billion.

Meanwhile Facebook

This IPO is considered the U.S. as the largest since Google's in 2004. It occurs in a context of market enthusiasm for social networks. Secondary markets, securities linked to this sector are the subject of desire.A recent placement of shares thereby enhances the Twitter micro-blogging site to 7.7 billion dollars (5.5 billion euros), twice more than the recovery underpinned by a previous fundraiser in December . Similarly, an investment fund, which plans to buy a block of 2.5 million shares to company employees, should take the valuation of Facebook up to 65 billion. The introduction of Facebook is also announced for 2012. Other highly anticipated IPOs are like Zynga or Groupon.

Meanwhile, markets are flocking to the first offer is available, namely LinkedIn. The excitement is such that many observers believe that a bubble is being formed in this sector, on how the 1990s. "You have to see what other companies will do. And also what will happen to LinkedIn. There is only one day.You could say this is the beginning of a stage, which will take place over a year or two, "cautions Bill Buhr, however, of Morningstar.

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The restructuring announced by giant ThyssenKrupp has obviously taken over the political authorities in Germany. Christian Wulff, German Federal President, showed his annoyance by canceling his visit was to perform Sunday at the site of the new steel giant group in Brazil.

This production unit, located next to Rio de Janeiro is very important for ThyssenKrupp. It cost more than EUR 5 billion, making it the largest investment in its history. In addition, the visit must be conducted by Heinrich Hiesinger, the chairman of ThyssenKrupp. The refusal of Christian Wulff is a setback for the German group.

It is true that the political authorities, which are historically very close to the leaders of the steelmaker, may be concerned by the magnitude of the restructuring announced on Friday morning.ThyssenKrupp will sell or restructure almost a quarter of its turnover, more than 10 billion euros of business. 35,000 jobs are concerned, a little over 177,000 for the whole group.

Diversified industrial group

It's not about job cuts outright, but transfers or outsourcing. Nevertheless, all these activities are not profitable and negative consequences on employment in the future are possible. In addition, ThyssenKrupp executives have said for months that they wanted to improve their credit ratings by agencies. A will rarely compatible with social concerns.

The announced restructuring will not profoundly change the profile of ThyssenKrupp, which appears more like a diversified industrial group than as a pure steelmaker. In this activity, it occupies today as the twentieth largest in the world.But it is also present in the elevators, with a position of world number three, shipbuilding, automotive and construction of turnkey plants.

The new group's strategy is not to focus solely on the business of steelmaker. The announced measures do in fact only two activities: steel industry and automotive equipment. In this division, three companies, which together 2.2 billion euros in billings, will be transferred while two others, also posting 2.2 billion euros of turnover, will be met, before being eventually sold or find a partner.

The most important movement, however, concerns the branch "stainless steel", that ThyssenKrupp will transform into an independent company. This activity is the leading European, with a turnover of 5.9 billion euros.During the year ended last Sept. 30, it lost 57 million euros. Of the 35,000 people affected by restructuring the steel industry alone employs 11,000 employees. This activity is likely to be observed carefully by German politicians, because the area is known to concentrate in the coming months.

Tenants of social housing are not immune from drastic rent increases. Like every year, the consumer association CLCV has identified breaches of the law practiced by the agencies managing the Public housing (HLM). According to the survey released Tuesday on France Info, they are now 12% exceed their rights by charging rent increases above the limit.

For these agencies, rent increases are restricted by law. Since 1 January 2011 in particular, can not exceed the benchmark rents for the third quarter of the previous year, calculated in line with inflation. This index amounted, in Q3 2010, to 1.1%. The budget law for 2011 provides for exemptions, however.This is particularly the case for some homes have been rehabilitated, or for bodies subject to a reorganization plan, and only if authorized by the prefect.

This year, 4% of housing agencies have therefore waived the rule requiring their tenants rent increases higher than 1.1%. Especially, 8% of them have violated the prohibition to modulate increases in housing rents function. For example, the CLCV said that rents of public housing agency in Ile-de-France increased up to 7% for some units!

Context of budget cuts

L'Union Sociale pour l'Habitat (USH), which represents some 800 housing bodies, regrets his side "lack of seriousness" of the survey released Tuesday payday advance.And stresses that the rent increases exceeding the cap applied to some tenants may face special situations: exceeding the limit of resources, negotiations with the occupier, etc.. "Despite these cases, the average increase in rents raised by CLCV is 1.04%, lower than the ceiling imposed by the law!", Raises the USH.

The federation is also concerned that housing agencies CLCV not insist more on the 33% of housing associations have increased their rent by less than 1.1%. An "exemplary action in a context of fiscal restraint, it is noteworthy. At a time when private rents take off, the public housing are still seen as a remedy to curb spending on housing, says a TNS Sofres survey published in late April. Even if a majority of respondents called for greater transparency in the allocation of housing.