World and National News

PSA Peugeot Citroën is not intended to be the key for electric vehicles. According to sources cited by the economic newspaper La Tribune, the automaker installed production capacity that should allow it to manufacture more than 30,000 hybrid vehicles per year. In detail, each year some 16,000 to 18,000 Peugeot and Citroen in Sochaux and Mulhouse DS5 about 15,000 Peugeot 508 will be designed to Rennes, the newspaper said.

Peugeot will launch the hybrid 3008 in October 2011 at a price of 35,000 euros. This is the first crossover hybrid in the world using diesel. Thus, it emits less CO2 and lowers consumption of 35% compared to vehicle performance and similar performance.By nature, the mechanical solution of Peugeot inspired many of the Lexus with an internal combustion engine driving the front wheels and an auxiliary electric motor provided with its environment, Bosch (50 kg) and acting this time on rear wheels. Sanyo battery pack Ni-MH High Voltage (50 kg) is placed below the trunk decreased from 435 to 362 dm3.

The U.S. stock markets ended on a mixed note on Friday. The Dow Jones gained 0.36% to 12,004.36 points and the S & P 500 advanced 0.31% to 1271.30 points, but the Nasdaq was down 0.29% to 2616.48 points and the S & P 500 rose 0 , 89% to 1278.87 points. Thursday, Wall Street has ended in a disorganized, fears shared by more and more vivid on the outcome of the crisis of public finances in Europe and reassuring indicators from the United States who came to end a series of bad news on the macroeconomic level.

Greece still under surveillance

The situation in Greece has once again attracted the attention of investors. Originally scheduled Thursday, the redesign part of the Greek government has intervened in the morning.

On the foreign exchange market, the euro lost ground against the dollar.In the late evening in Paris, the single European currency was worth 1.4302 dollars against 1.4209 dollars on Thursday night.

Oil prices fell again Friday in New York, which lost 1.94 per barrel to 93.01 dollars and dollar fell to its lowest level in nearly four months, the market impact of caring Greek crisis on energy demand.

On the macroeconomic front, consumer confidence down in the U.S., according to the index of U.S. consumer confidence released Friday by the University of Michigan, which has provisionally to 71.8 in June, less than The analysts thought.

The index of leading indicators, which foreshadows the general trend of the U.S. economy for months, was up 0.8% in May to 114.7, after falling 0.4% (revised from 0, 3%) the previous month no faxing payday loan. Economists polled by Reuters had forecast a 0.2% increase.

RIM, in line with expectations

Capital One: -0.33% to 48.84 dollars

The side of values, the U.S. bank Capital One said Thursday after the close of Wall Street that it would buy the Dutch bank insurer ING's U.S. subsidiary of ING Direct online bank for $ 9 billion in cash and shares.Under the agreement, ING Capital One pays $ 6.2 billion in cash, together with some 55.9 million shares of Capital One, estimated at about $ 2.8 billion.

Research in Motion: -21.45% to 27.75 dollars

The Canadian group Research in Motion (RIM), listed on Wall Street, manufacturer of BlackBerry smart phones, said Thursday after market close a net profit of 695 million U.S. dollars, in line with expectations, but sales below market expectations for its first quarter.

Central Pacific Financial: 6.04% to 13.69 dollars

Also note, the U.S. Treasury said Thursday it planned to recover about 36 million in bringing to market some 2.85 million shares of Bank Central Pacific Financial held.

Boeing: 0.22% to 74.17 dollars

Orders for medium-haul aircraft should carve out the lion's share at Paris Air Show, in particular the re-engined Airbus A320, whose commercial success increases the pressure on Boeing for a decision on the future of 737, the 'best-selling commercial airplane in the world.

After falling 23.88% for its second day on the stock market, Pandora Media, which side now below its IPO price, gained 0.75% to 13.36 dollars.

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

The mood is sullen at the Paris stock exchange after the sharp declines seen the day before (the CAC 40 fell 1.31% and fell below 4050 points). At midterm, the index lost 0.85% to 4008.79 points. Same trend elsewhere in Europe. London's FTSE was down 0.49% at 5954.66 points and the Dax was down 0.22% at 7357.93 points. Both indices had suffered the heaviest losses the Cac yesterday.

In Japan, markets are still closed, but in the rest of the region, the trend has been weighed down by investors disappointed with the overall economic figures fell the day before the United States, which have been faltering and Wall Street. The U.S. ISM services has indeed disappointed while the ADP employment figures in April came out worse than expected.Furthermore, oil inventories surged against all odds, which gave the lead in using oil, which fell below $ 110 in New York yesterday, which always move in the fall on Thursday.

On the foreign exchange market, the euro is also strong: it is trading at 1.4884 dollars around 11:00 pm after having again exceeded $ 1.49 during the meeting Wednesday.

In anticipation of the ECB

Statistical side to follow on Thursday: The German industrial orders were accused in March their first decline this year, falling by 4% over the month as analysts awaited a stagnation, according to figures released Thursday by the Ministry of Economy.

On Thursday, the ECB meets in Helsinki to decide on interest rates that will apply. Jean-Claude Trichet said Thursday it is the price of silver in early June or summer.In England, the BoE also decide on interest rates.

United States, expected productivity in the first quarter (first estimation) to 14.30. Same time, it will be the traditional unemployment claims. The employment figures that will fall tomorrow, Friday, are eagerly awaited.Yesterday, investors learned that ADP figures have reported a creation 179,000 jobs in April, less than expected.

Societe Generale falling, Carrefour sentence

Side values, a publication of rain fell again on Thursday quarterly earnings including Societe Generale, disappointing driving down the stock price of about 4.08% to 43.67 euros, lead the CAC.

After the excellent figures given yesterday by BNP Paribas, leading bank in Europe, SocGen announced a net profit of 916 million euros in the first quarter, a decrease of 13.8% over the same period of 2010 attributed to effect accounting related to the revaluation of its own debt.

Also at sentencing, the retail group Carrefour (-2.33% to 30.88 euros), which announced Thursday the departure of its Executive Director James McCann France and the postponement of a controversial quotation of its real estate subsidiary, but maintained its draft rate 100% subsidiary of Dia and its financial targets for 2011.

Lafarge (+0.08% to 45.71) reveals a net loss of 29 million euros in the first three months of the year for a turnover up 9% to 3.55 billion euros .

Legrand (-4.46% to 29.10 euros) in the first quarter increased 13.7% in sales and 41.2% of its net profit, thanks to emerging markets and new market segments which the group has made a priority, which has confirmed its annual targets.

Bureau Veritas (-0.02% to 58.30 euros) confirmed anticipate strong growth in its turnover and adjusted operating profit this year after an increase of 23.2% of its activity in the first quarter .

AXA (-0.73% to 14.89 euros) expressed confidence in improving its profitability despite a drop of 2% of its turnover in the first quarter to 27.92 billion euros.

Maurel & Prom, Arkema and Capgemini climb

The independent oil company Maurel & Prom announced Thursday want to split and rate of its independent subsidiary in Nigeria, whose shares will be distributed to the shareholders in proportion to their participation in the group. The action takes off from 4.23% to 14.66 euros this morning.

Arkema (4.53% to 71.78 euros).The net profit quadrupled to 151 million euros and EBITDA (EBITDA) reached 17% of sales through an increase much higher than the market.This puts us among the best chemists.

The French group consultancy Capgemini and Computer Services (1.36% to 41.06 euros) saw sales increase by 14.5% in first quarter 2011 to 2.3 billion euros and confirmed its objectives of achieving a growth in turnover of between 9 and 10% for the year.

The producer of wines and spirits, Pernod Ricard (1.13% to 67.74 euros) Thursday announced an increase in its turnover in the third quarter and confirmed its targets for its entire fiscal year (July 2010 – June 2011).

Air Liquide (0.61% to 97.53 euros) wants equity for the premium

Its CEO said he was open to the principle of paying a bonus to employees in case of dividend increase, provided to maintain the equity in a group with more than three-quarters of the members are outside France.

Alstom: -1.52% to 41.98 euros Moody's raised its outlook on the Baa1 rating on the group stable, negative cons.

Total: -0.78% to 41.44 euros, GDF Suez: -0.30% to 26.60 euros a parliamentary commission on Wednesday passed a bill to ban UMP in France in the exploration and exploitation of unconventional oil, gas and oil shale.

Michelin (-0.24% to 66.35 euros) announced an increase in the price of its truck tires, civil engineering, public works, agricultural and handling in Europe to meet the continually rising cost of raw materials.

TF1 (-0.63% to 12.59 euros), which has suffered several setbacks during the hearing last month, decided to appoint a new program director, Jean-François Lancelier, which takes the place of Laurent Storch .

The French chemicals group Rhodia (+0.16% at 31.53 euros) on Thursday posted a net profit of 151 million euros in the first quarter more than doubled over one year and raised its profitability target for 2011 , to become a recurring gross operating profit of "more than 1 billion euros."

Veolia Environnement (+0.50% at 22.26 euros) on Thursday posted a turnover up 11.3% in the first quarter thanks in particular to the resumption of its activities in the waste.

Mr. Bricolage (-0.36% to EUR 14) confirmed its targets for 2011 after publishing a stable turnover in the first quarter to 135.2 million euros.

Gifi (2.51% to 76.26 euros) registered a growth of 5.2% of its turnover for the first half of its fiscal year 2010-2011, to 351.3 million euros.The turnover of the group's second fiscal quarter ended March 31 rose 7.5% to 139.1 million euros.

Cegedim (0.87% to 43 euros) has reported a sales increase of 2.9% as reported to 211.5 million euros, but down 1.4% on comparable, and maintained its target of 4% growth in turnover for 2011.

The food group Bonduelle (+0.13% at 68.20 euros), specializing in vegetables, posted a rise in its turnover for the third quarter from 14.6% to 421.6 million euros thanks to an improvement in consumption, particularly in eastern Europe, according to a statement.

Tonight will be the turn of Vale, Wendel, Eiffage French Cement and NextRadioTV publish.

The CAC 40 will reach there to string together a seventh consecutive month of meeting this Friday? Investors could be tempted to follow in the footsteps of Asian markets, Tokyo without (closed due to holiday) were very hesitant after the announcement of a U.S. growth slowed in the first quarter. In Paris as in Wall Street, many traders were yesterday conceded that the new had yet been burdened by other negative indicators.

For this last day of the week, risk-taking should be smaller. Especially since the day will be rich in events. The eyes of the markets will not (only) turned to the royal wedding of William and Kate in the UK, but towards the expected flurry of statistics.In France, it is the producer prices in March, Germany, and retail sales in the eurozone, the unemployment rate.

Then the United States, the festivities start with the incomes and household spending in February (14.30) and the Chicago PMI for April (15.45) and the index of consumer sentiment this month ( 3:55 p.m.).

Side currency, the euro remains strong against the dollar at 1.4847 dollar. Oil markets appear, they, down, worried about the state of the U.S. economy.A barrel of light sweet crude for June delivery lost 45 cents to 112.41 dollars and that of Brent North Sea also June delivery yielded 17 cents to 124.85 dollars.

Values ​​to follow

News companies should also serve markets:

Total

The tanker, which publishes its results, announced jeudila takeover of U.S. manufacturer SunPower solar panels with a view to creating the "world leader in solar energy."

GDF Suez

The group announced the launch of a new subsidiary trading on energy markets with the ambition to compete with industry heavyweights such as Barclays, Goldman Sachs, and E. ON EDF Trading

Legrand

The group announced the acquisition of SMS, a leading Brazilian electric inverters, in order to strengthen its position in a growing market.

Ingenico

The group denied on Thursday evening news reports that he would be interested in the activities of online payment from Hi Media.

Gifi

Ginestet family announced Thursday its intention to launch a simplified tender offer for the shares Gifi delist the distributor of first prizes.

Vinci confirms its objectives

Saint-Gobain

The group confirmed its 2011 targets after a first quarter marked by an acceleration of growth in its business thanks to the contribution of most geographic areas where it is present and better weather.

Vinci

The group also confirmed its full-year after a turnover up 25.4% in the first quarter, above market expectations, driven by acquisitions last year and its activities in the construction and energy.

Compagnie des Alpes

The group reported Thursday a turnover up 5.8% for its first semester of the 2010-2011 fiscal year to March after a winter characterized by early snowfall.

Crit

The group again expressed confidence Thursday for earnings growth in 2011 after having posted a revenue increase of nearly 22% in the first quarter.

Saft

The group confirmed on Thursday its forecast for revenue and earnings for 2011 after releasing first quarter sales up 11%.

Bull

The group confirmed Thursday that the goals the group has set medium term, after realizing the first-quarter sales were down 0.9% to 270.8 million euros.The group also said that orders had risen to 313.8 million euros in Q1.

Fimalac

The group reported Thursday after the closing sales up 21.1% to 341.5 million euros thanks to the rise of nearly 17% of revenue from its credit rating agency Fitch.

Renault will hold a meeting this Friday to 15 hours.

Belvedere will unveil its fourth quarter results, EDF Energies Nouvelles in sales the first quarter and Trigano its second quarter results.

After an early session in the red, the CAC 40 was finally closed above the 4,100 points mark. He finished his second session of the week up 0.33% at 4110.34.

On other European markets, the London Stock Exchange, the FTSE-100 finished down about 0.38% to 6037.08 points. The DAX 30 Frankfurt Stock Exchange ended in a very slight increase from 0.05% to 7400.04 points.

The macroeconomic news was particularly rich on Tuesday.

In France, INSEE released the first results of National Accounts Fourth quarter: French growth reached 0.3% in the fourth quarter, the low end of analysts' forecast.Over the full year 2010, GDP grew by 1.5%.

Growth across the euro area has also a little disappointed by remaining stable at 0.3% in the fourth quarter of 2010, bringing the total over the year to 1.7%, according to preliminary estimates released Tuesday by the 'EU statistics office Eurostat. This is slightly below expectations of analysts, who expected an average increase of Gross Domestic Product by 0.4% in the fourth quarter. The growth continued to slow notably in the first euro zone economy, Germany: its GDP grew only 0.4% in the fourth quarter after 0.7% in the third and even 2.2% in the second.

United States, the burst of macroeconomic indicators pointed to mixed results on the health of the economy across the Atlantic.Remember in particular: in January, import prices surged due to a further rise in energy costs. They rose 1.5%, almost almost twice the consensus forecast (0.8%).

The Empire State index measuring industrial activity in New York came out slightly below expectations, despite a faster rise in February. He climbed to 15.4 against 11.9 in January, its highest level since June, but 1inférieur the 15.5 expected by analysts.

For their part, U.S. retail sales began the year with great enthusiasm after the sharp increase in fourth quarter 2010. The 0.3% increase recorded between January and February is the lowest in seven months, and well below the 0.5% expected by analysts.

Finally, the United States has also attracted less net capital flows to long-term in December: 65.9 billion, after 85.1 billion in November.

On the currency markets, the euro lost ground against the dollar on Tuesday, buoyed by purchases on the cheap and German figures reassuring, despite persistent pressure from concerns about the fiscal health of the fragile countries of the euro area . Around 17:00 to Paris, the euro bought 1.3506 dollars against 1.3486 dollars late Monday, after falling in the day from Monday to 1.3428 dollars, the lowest since three weeks.

The successful support of Barclays Bank

Pending the publication of annual results Wednesday of Societe Generale and BNP Paribas on Thursday, the banking sector was positive, with very encouraging results from Barclays, which announced its earnings jumped 36%.Societe Generale and BNP Paribas rose 2.23% to 48.86 euros and 57.29 euros and Credit Agricole was awarded 1.61% to 11.66 euros.

Good results

On the corporate side, the ball of the publication of results continues.

EDF: -0.21% to 31.21 euros

EDF reported a 73.9% drop in net income in 2010 to 1.02 billion euros, due to provisions related to lower energy prices.However, the group expects an increase of 4% to 6% of its EBITDA in 2011.

Air Liquide: -0.57% to 95.63 euros

Air Liquide said Tuesday sales rose 12.6% for 2010, to 13.49 billion euros and net profit up 14% to $ 1.4 billion, as the announced Les Echos.

Danone: + 3.33% to 45.41 euros, the biggest increase CAC 40

The food group Danone announced Tuesday an increase in its net profit by 33.7% to 2.03 billion euros and its turnover to around 17.01 billion euros (+13.5%) thanks to strong growth in emerging countries.

Times of mergers and acquisitions

Sanofi-Aventis – 0.26%, to 49.80 euros

A merger agreement between Sanofi-Aventis and Genzyme should be signed soon, but the French laboratory should extend its offer a third time on U.S. biotech to stop the final price of the transaction. The deadline for the offer at midnight New York time, 6 hours Wednesday Paris time.

NYSE Euronext: + 2.08% to 28.46 euros

The official announcement of the merger between Deutsche Boerse and NYSE Euronext will speak this Tuesday.A hostile bid by the Chicago Stock Exchange is in preparation, according to various U.S. media.

Boursorama: -0.71% to 8.38 euros

Boursorama unsurprisingly announced on Tuesday a net profit of 7.6 million euros only for its fiscal 2010 due to an impairment on OnVista, the German Internet portal acquired in 2007.

EADS: 0.51% to 21.84 euros

The Pentagon announced Monday hoped to award the next month contract to replace the aircraft-refueling tankers to the U.S. Air Force, which should put an end to a drama that has lasted nearly a decade.EADS CEO Louis Welsh reiterated that Tom Enders, Airbus president should be his successor.

Ubisoft: -6.54% to 8.48 euros

Ubisoft has raised its forecast of sales for the current year after posting strong sales during the Christmas period, which is crucial for the video game industry.

Atari: -2.23% to 3.07 euros

Atari has announced a turnover in the first 9 months of the fiscal year 2010/2011 (April 1 to December 31, 2010) of 41.0 million euros, down 55.7% from the same period last year.

Axa: + 0.87% to 15.58 euros

AXA Asia Pacific, a subsidiary of AXA, being acquired by IMA, said Tuesday net profit down 11% for its last fiscal year.

Euro Disney: 17.68%, to 7.19 euros

The title of the theme park continues to soar, eight days after the publication of an increase of 8.5% of its quarterly revenue.

After market, M6 will publish its revenues and its annual results, Imerys and Euler Hermes annual results, and Mr. Bricolage and Europacorp their turnover respectively fourth and third quarters.

Since the beginning of the week and the worsening crisis in Egypt, the NYSE seems like petrified. U.S. stock markets should further open up very slightly on Friday. Futures on Standard & Poor's 500 advance symbolically from 0.02% to 1303.80 points and those on the Nasdaq 100 1303.80 0.04% grappillent points. On Thursday, the NYSE has experienced a new session without major trend. After long hesitation which direction to take, Wall Street was finally closed in early rising. The Dow Jones rose 0.18% to 12,064 points, the Nasdaq is up 0.15% to 2754 points and the Standard & Poor's 500 advanced 0.24% to 1307 points. The values of the automobile and the media have gained ground.In contrast, those in financial services and semiconductors have been mistreated.

On the macroeconomic front, the publication of the monthly U.S. employment is the major event of the day. According to experts from Wells Fargo Advisors investors are optimistic. "The ADP report on private employment was good Wednesday, and Thursday the weekly claims for unemployment benefits have proved better than expected" they say. Indeed, investors are hoping that the Labor Department will announce the figures as positive as those of the ADP survey. The latter was reported Tuesday in a creation of 187,000 jobs in January in the private sector.

As for currencies, the euro stabilizes. About 11:00 am in Paris, the euro bought 1.3635 dollars against 1.3630 dollars on Thursday night. In contrast, oil markets remain very tight.The barrel of black gold was selling elsewhere still above 100 dollars in London Friday morning.

The side of values, as the liquidator of Madoff, JPMorgan Chase was aware of the fraudulent nature of the fund. Prosecution against the U.S. bank filed, for $ 6.4 billion. "In malls, bank executives have had serious doubts about the probity of the money but have kept silent in order to preserve good relations" analysts said Aurel BGC. Bernard Madoff, 72, was sentenced in 2009 to 150 years in prison for the scam, estimated between 23 and 65 billion dollars, as one account with or without interest. The liquidator had reported in mid-December that it had recovered half the money invested by the victims of the fraudster, or about ten billion dollars my credit score.It seeks to recover a total of 50 billion dollars.

The American Society of Automotive Credit Financial Ally, a former subsidiary of General Motors partially nationalized during the crisis for him to avoid bankruptcy, has chosen the banks that advise on its IPO, said Friday the New York Times. They are Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley, says the U.S. daily, citing sources familiar with the matter.

The U.S. bank Bank of America announced Thursday the sale of certain of its insurance subsidiary Balboa to the Australian QBE Insurance for $ 700 million.The agreement covers the activities of financial products linked to mortgages and insurance damage of Balboa and its affiliates

NYSE Euronext has seen mixed trading volumes, despite the good performance of the derivatives market in the United States and the European spot market. Trading volumes on derivatives totaled $ 9 million contracts daily, down 2.7% year on year but an increase of 35.6% compared to December. U.S. options markets have registered a daily volume of 4.4 million contracts in January (+3% YoY and 29.5% compared to December). The U.S. equity markets totaled an average volume of 2.4 billion shares in January, a figure down 12.2% from one year to another.However, an increase of 18.2% compared to last December.

Fiserv was released after the close of Wall Street for the fourth quarter 2010 revenues of 1.08 billion dollars against 1.07 billion expected by analysts. Net earnings per share (EPS) amounted to $ 1.06 against $ 1.07 expected by analysts. For the current year, the company expects EPS of between 4.42 dollars and 4.54 dollars.

On his side and always after the close of Wall Street, Life Technologies has released the third quarter 2010 revenues of 932.3 million dollars against 928.3 million dollars expected by analysts. Adjusted EPS rose to $ 0.9 against $ 0.86 expected by the market. For the current year, the company targets a GAP between 3.8 and $ 3.95 against $ 3.86 dollars expected by analysts.

The bank earned less money, but his boss is rewarded by higher wages. The Board of Directors of Goldman Sachs, Wall Street flagship, has decided to triple the salary of executive director, Lloyd Blankfein. His pay increases and 600,000 to 2 million (1.47 million).

The generosity of the investment bank does not stop there. It awarded a bonus of $ 12.6 million (92.5 million) to his boss, an increase of 3.6 million. A level still far from its pre-crisis, receiving at the time Blankfein $ 68.5 million bonus, said the New York Times. In the midst of the crisis of 2009, the payment of 9,000,000 stock options to the boss had raised a rare wave of indignation among the public.

The increase in pay Lloyd Blankfein may seem paradoxical, given the year laborious journey by Goldman Sachs.His reputation took a severe blow when the U.S. stock market watchdog, the SEC accused it of misleading customers on certain complex financial products. The bank chose to pay $ 550 million (404 million) to close the case.

The results presented by Lloyd Blankfein has not been brilliant. Earnings fell 37% compared to 2009, to 8.35 billion dollars (6.13 billion euros). But the bank has done relatively better than its competitors who have recovered fast from the financial crisis.

"Cutting bonus

Another reason cited by U.S. media to explain the increase in fat, the mode of remuneration of pundits on Wall Street is changing."Regulators and legislators are pushing financial institutions to raise wages and reduce bonus indexed to their immediate results," says the Wall Street Journal. "They hope it will encourage employees to focus on long-term performance." The strategy of stratospheric bonus is accused of having encouraged traders and bankers to take excessive risks that caused the financial collapse in 2008 and 2009 .

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The crisis is no longer relevant to the Davos World Economic Forum which opened today's debate (from 26 to 30 January). Beyond the optimistic forecasts of the IMF, which recently revised upwards its growth scenario for 2011 (4.4%), Nouriel Roubini, famous for having predicted in 2007, here in Davos, the U.S. housing crisis, saw fit to renew his message. It now seems that exclude the U.S. economy and even Europe may fall into another recession, a real change from "Doctor Doom" (Cassandra).

Roubini, who now manages a business analysis of Global Economics, strong one hundred employees, does not mean that growth is higher than current forecasts in the United States, which he said "the strength of company accounts and the return of confidence. "It is more dubious vis-à-vis the eurozone, which it hopes it will survive only as "a political response" to clear a form of economic and political union.

He is particularly troubled by the situation in Spain "too big to fail and to save" (too important to be dropped but also to easily and be saved!). He recommends that Europe is committed to both a more abundant distribution of cash and "orderly restructuring" of certain public debts ". It will be expected to discuss his ideas with Jean-Claude Trichet, ECB president, during a special seminar devoted to "strengthening of the euro".

Inequality: a subject river

If the panic that had dominated the 2009 Forum is a bad memory, the time of trial may well have sounded."We can not let inequalities grow," commented Zhu Min, the special advisor to the IMF (and its number three), namely, citing differences of wealth in the United States, while stating that these inequalities "are everywhere no fax needed payday loans. Including China.

In the short term these inequalities are a danger with the rioting in North Africa caused by soaring food, a subject that is in every conversation.

And more fundamentally it is globalization itself is debatable. "Globalisation has increased world levels of life. But inequality, social barriers and the resurgence of nationalism has revived the specter of protectionism "summarizes a note of the Forum on the increase in risk.

The scourge of unemployment blamed by the Americans

Noting the spike in unemployment among U.S. and Europe, Philip Jennings, general secretary of the World Union of Unions in Geneva, stigmatize "a rotten business model (sic) which has developed economies to its knees." One criticism that American economists virtually the only ones allowed in the Forum of Davos have trouble admitting, even when they are at rather left, as Laura Tyson. This former adviser to Bill Clinton continues to award unemployment mainly to the lack of "training and education" of Americans and reasons "cyclical weakness in demand in the United States."

Neither Barack Obama nor his Chinese counterpart Hu Jintao, nor Dominique Strauss Kahn, have seen fit to come to Davos to discuss these issues in Davos.Nor Dominique Strauss-Kahn, yet very present last year. Some interpret this lack here for political reasons, not to show today with the "masters of the world, in a proceeding known for its ultra-liberalism.

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Tour operators rely on the map of prudence in Tunisia. Rene-Marc Chikli, president of the Association of French tour operators (CETO), announced on Monday that flights to the country affected by violence will remain frozen until next Sunday, January 23. The carts were originally from Tunisia resume Monday.

This Friday, the Quai d'Orsay has advised all non-emergency travel to Tunisia. For customers who are not parties, proposals to postpone travel, without charge, at a later date on Tunisia or wherever made.The events in Tunisia under the case of "force majeure", professionals find themselves "freed from their traditional obligations to people traveling or refund if there is a change," told AFP Emmanuelle Llop, Lawyer specialized.

"They do not offer refunds spontaneously because they do not always this possibility, including travel agents who have more funds," she says.

Acceleration of return of French blocked in Tunisia this weekend

The return of French tourists stranded in Tunisia began on Saturday and picked up Sunday with the chartering of twelve additional aircraft by tour operators to repatriate most of the vacationers who want the end of the weekend."Much effort has been made by tour operators with twelve additional flights" in addition to regularly scheduled rotations, told AFP Rene-Marc Chikli, president of the association of tour operators Ceto.

Saturday morning, Rene-Marc Chikli believed that these early returns would spill over the weekend several days, considering the logistical problems faced by tour operators, between keeping the curfew in Tunisia and difficulties to find aircraft, crews and slots flights. Finally, the situation has released over the hours, especially in the afternoon. "Basically, 100% of customers will be back Sunday night for most major tour operators, subject to external events," he said Saturday evening saving account pay day loan."Substantially all" of French tourists stranded in Tunisia will be returned Monday, said Sunday the National Union of Travel Agents (SNAV).

Travel agencies have thus repatriate by Sunday evening the two-thirds of their 8,000 clients present Friday in Tunisia, according to figures from the State Secretariat of Tourism. For those who want to stay, said Rene-Marc Chikli, "we did sign a waiver."

A logistical nightmare

Repatriate as much guests simultaneously request to establish a well-oiled logistics, routing passengers from their hotel on arrival in France. "We do not start with an airplane like a car. It is not enough to go to the garage and put the key in the ignition, "says Jean-Pierre Mas, co-president of the network of travel agencies" AS Travel (Afat and Selectour), which has 1,500 customers Tunisia.

Thomas Cook France (700 customers), Fram (1600 customers), New Frontiers (200), Marmara (790 customers) have confirmed their aim was to repatriate passengers Sunday night unless unexpected. "If flights do not land in France in the airport of departure we will organize post-delivery" by bus or train, said Marmara. Club Med, which has only one village open right now, has finally found airline seats for its 130 customers and 35 "GO" Europe of 91 that the operator has decided to repatriate. "For the French, who bought a flight, travel agents are mobilized to locate them …which is not easy with the difficulties of mobile telephony in Tunisia, "says Jean-Pierre Mas.

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(With AFP)