International News

"If I am elected, I do not gèlerai, but I stoop down the salary of the president and ministers of 30%." By November 2011, Francois Hollande had made the campaign promise very symbolic, while Nicolas Sarkozy marked the spirits in increase of 172% net salary (of 7,084 to 19,331 euros) on arrival at the Elysee. Presented at the first cabinet meeting on Thursday by the new prime minister, Jean-Marc Ayrault, the measure was formally adopted, confirmed by several cabinet members. Accordingly, the president and ministers will have their wages fall by 30%. "This is exemplary," explained Jean-Marc Ayrault Wednesday on France 2. This measure will be a decree. But this law, which will not be adopted before June and the election of the National Assembly, "will be retroactive," said the spokesman of the government, Najat Belkacem-Vallaud. It is therefore effective "as of May 15" date of the nomination of Francis Holland as president.

The gross monthly salary of Ministers will therefore decrease of 14,200 euros per month, to 9,940 euros. That of the Prime Minister will also be trimmed from 21,300 euros to 14,910 euros gross. Like, finally, the compensation of the President of the Republic which is equivalent to the Prime Minister. With a plane that has a surprising consequence. Ex-Ministers continue to earn more than their successors for another six months. Indeed, each team member Francois Fillon retain his salary during this period. A privilege granted to all former ministers, who lose their theory, however, other benefits.

In the camp of the UMP, the reactions to this first measure of government have not kept waiting. Jean-Francois Cope, the party's general secretary, described the pay cut of "deception" on Twitter.

I denounce the imposture, the clannishness and demagoguery are the appointment of the first steps of @ fhollande ump.org / news / esp

. – Jean-Francois Cope (@ jf_cope) May 17, 2012

It explains, in a statement, the government has Ayrault "14 members of more" than the first Fillon government. "We go from 15 ministers, four secretaries of state and a High Commissioner to 34 ministers and deputy ministers, an increase of 65%. Wage cuts of 30% can not hide this fact: the government of Francois Hollande will be far more costly to the taxpayer. "

Largest decline in Europe

If they come later than in other European countries, this decline in compensation of government is by far the strongest. One of the first to take this measure, as he tried to impose on his country a vast austerity plan, was the Irish Prime Minister Brian Cowen. From 2009, he had reduced his salary and that of his ministers by 15%. In the process, in May 2010, Spain followed the movement by announcing a 15% reduction of salaries of its ministers. In the UK, the British prime minister, David Cameron, newly installed in power, his ministers imposed a 5% decrease in their pay. A dry diet made subsequently by Italy and Portugal, among others.

In Europe a constraint to fiscal Germany still appears a prosperous island. While the German economy grew by 2% annual rate in the first quarter, Angela Merkel and her ministers were granted for the first time in twelve years an increase of wages. The Cabinet decided on Wednesday to a 5.7% increase in three stages by August 2013, bringing the salary of Angela Merkel to about 17,016 euros gross per month and those of his ministers to about 13,795 euros.

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"Industrializing access to start-up." This is one of the goals sought by Electronova Capital, the investment fund which EDF has announced Tuesday. This new tool will prioritize the "cleantech", these companies specializing in innovative technologies environmentally friendly.

"Our approach is flexible: it can be anything to support a project to take an equity stake," said Bernard Salha, director of research and development of EDF. The electrician tricolor, via an annual budget of 500 million euros, is one of those that invest most heavily in R & D.

Turn to France and Europe

Electronova Capital Fund will have a capacity of 60 million minimum investment, and the envelope will increase to 90 million euros, said Thomas Thornton, chief financial officer of EDF faxless pay day loans. The French group has teamed up for the occasion to Indivest Partners, a recognized specialist in SME financing.

"The launch of this fund is a further step in our policy for innovation. We have already taken similar initiatives in China and Canada, while qu'Electronova Capital will initially intended to turn to France and Europe, "said Thomas Aldridge.

Meanwhile the first operation, areas of intervention should not be missed: "The energy landscape is changing; between issues related to CO2, the development of renewable energy and the desire for improved energy efficiency, we are a turning point, "says Bernard Salha.

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China is becoming the new frontier of Dassault Aviation (whose largest shareholder is the owner of Figaro). "We set up in China where we are creating a subsidiary. By the end of 2012, will employ 25 people, "said Sunday Edelstenne, CEO of the French aircraft manufacturer, on the eve of the opening of the Fair Business Aviation (Ebace), which is held in Geneva until May 16

After opening sales offices in Shanghai and maintenance and Hong Kong two years ago in partnership with Jet Aviation and Hawker Pacific, the manufacturer of Falcon jets dope his device to enjoy a hot market. Given the regulatory constraints in China, "to establish long term, we need a subsidiary," insisted John Rosanvallon, President and CEO of Dassault Falcon. Headquartered in Beijing, will be operational this summer.

China has recently become one of the first customers of Dassault. The group plans to deliver 12 Falcon this year (out of 65 in the world) against 8 in 2011. Last year, half of its orders, or 18 devices, were placed with Chinese customers. This market looks like a pyramid upside down. Customers were immediately turned toward the high end. Dassault has already taken 20 orders of 7X, his flagship, which cost around $ 50 million.

But the market matures. "The number of new customers for our various models in the 2000S 7X is very promising," confirmed Edelstenne. The customer profile is changing China. The primary motivation for buying a jet status has long been a way to show his power and care networks. This is still true. "But the Chinese bosses are increasingly using their planes more for really professional, to save time, improve productivity, said Jean-Michel Jacob, CEO of Dassault Falcon-China. And the fact that Chinese companies increasingly go abroad reinforces this need, this awareness low fee pay day loans. "

Lack of airway

In three years, the business aircraft market has exploded in China. In 2011, "the country became the first market for all manufacturers in terms of sales," says Jean-Noel Robert, who chairs the Asian Business Aviation Association. China would be "third world market, and this share is expected to increase." The scope for growth is huge. Where there are 15,000 private jets in North America, there are fewer than 500 in Asia.

On the Hong Kong airport, the business aviation fleet is already the second and should become the first, before that of Cathay Pacific. "Asia, particularly China, is our main export market," noted Larry Flin recently, President Gulstream, recalling that its fleet, including Hong Kong, had jumped from zero in 2000 to over 80 aircraft today. For its part, Dassault Aviation now holds 30% market share in China, which should account for 20% of its production in the coming years. According to Canada's Bombardier, more than 2,300 business jets will be delivered in China by 2030, for a fleet of 150 aircraft today.

As part of its 12th five year plan, adopted last year, China has included among its objectives the development of business aviation. However, there is still the brakes, such as lack of airways, with a sky very locked and controlled by the military. But the problem is mainly lack of infrastructure and skilled staff. There are only 150 civil airports in China, 1500 against the United States. The number of airports will increase by 27% in China by 2010.

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Decidedly, this championship spares nothing to Olympique de Marseille. After a disappointing season sportingly (OM is currently 10th in the league), players of the club will play their final game next Sunday of the season against Sochaux with a misspelling in the back! That is the conclusion yesterday after the presentation of the shirt "Third" of the OEM Adidas club, created by singer Akhenaten – leader of the rap group IAM-1990s – and the Argentine sculptor Pablo Reinoso. A tunic dedicated to the European Cup, having the distinction of being reversible: when you turn the black jersey, it turns orange.

"The grammatical rule is not obvious"

Orange, it is thus that the error happens. Worms designed by the rapper star of Marseille have a spelling mistake. They are found enrolled in upper back: "And our hearts are orange, as are the waves at sunset." However, the word orange agrees, except when used as an adjective. This is the case here. This departure from the French language cover only one of three new models and is invisible to a spectator from the stands. It must indeed look very closely intertwined worms to distinguish this "S" too. "We assume that fault, reacted Emmanuelle Gaye, spokeswoman for Adidas. This grammatical rule is not obvious and I guess it was not known to all French no fax cash advance. " He added: "As in any international company, the production line is long between the designer and product manager. We are looking where the error occurred. The most surprising is that the first prototype did not include error. "

Already on sale

Still, this error is a problem, the shirts have already been sold in shops of the club. "From the moment the product is not defective, it remains for sale, says Emmanuelle Gaye. We are considering how to correct the error. " Adidas, an estimated "tens of thousands" tunics with the misspelling, knowing that the OM annually sells 400,000 jerseys.

Already mocked by fans for its color, away from the traditional blue and white OM, so the shirt could see his popularity decline even further. What threatens the sales potential of these tunics. At 90 euros a basic version, some fans will likely require a perfect model. Unless an effect "collector", which would encourage them to rush on jerseys-like limited edition … "It is unclear what impact this will fault on our sales, concludes Emmanuelle Gaye. But the jersey is a favorite with players and fans. "

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Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille

Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille

Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille

Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille

M6 surfs his good hearing and displays good financial health. The group chaired by Nicolas de Tavernost said Thursday, a consolidated turnover up 3.6% in the first quarter of 2012, to 355.1 million euros. It is true that this growth owes much to self-advertising group, which rose by 3.2%. Starting with the audiovisual rights activity that benefited from the success of Twilight 4 video. But despite the sluggish market, the advertising revenue of the group grew by nearly 4%.

Even the M6, the flagship, can boast of an increase in advertising revenues in the first quarter from 1.5% to 164.5 million euros. Growth that relies on good audience ratings of structured grid around a solid prime-time thanks to JT "19 h 45 'and household scenes, but also a few key programs that Whether it is "Top Chef", magazines such as "Capital" and, finally, American series that still make the gravy chain. With an average audience share of 11.6%, M6 is thus gradually became the third chain of the audiovisual landscape.

What it can an aggressive advertising policy based on maintaining or even increase, its rates, where most incumbents rely on the flexibility in trading conditions. Proof: according to Kantar Media Institute, the volume of the M6 ​​channel advertising declined 14.2% over the period, while its gross revenues (excluding negotiations and regressive) increased.

Rate increase

This means that the group has increased the value of its screens. By comparison, TF1, whose gross receipts would not progress to the first quarter shows an increase of its volume of 3.4% pub. The first private channel is also best bidder in number of spots.

More generally, the history of television market has seen in France in the first quarter a decline in overall volume of 7.5%, according to Kantar Media. If the market does not collapse, it is primarily due to the dynamism of the new DTT channels. In its latest monthly report, the Institute notes that "this segment remains solid in value in March (16.7%) but stabilizes its activity by volume (0.3%). Cumulatively, the DTT channels grew three times faster than all channels (23.2%). "

A trend that is well reflected in the number of commercial digital channels M6 group – mainly W9 – which increased by 16% in the first quarter, to 38.1 million euros.

As for the coming months, the media buying specialists adopt a conservative position. Havas Media, a subsidiary of Havas, setting a trend of 0.9% of the TV market in the second quarter. In other words, the line thickness. The media agency fears the arrival of "a two-tier market that is expected to exacerbate the end of the year and in 2013 with the arrival of six new HD channels TNT in the fall. The fragmentation of audiences is going to intensify, increasing the risk to players on the market, "she argues.

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Settlement period for theft

After stealing a vehicle, the insured must receive a settlement offer from the insurer within 30 days. The amount of compensation is the estimated value of the vehicle during flight. If, after this period of 30 days, the vehicle is recovered, the insured can choose between:

-Keep compensation from the insurer and give the vehicle

-Recover the vehicle and refund the compensation to the insurance company. Where appropriate and subject to the safeguards in the contract the insurer will take over the repairs necessary for its restoration.

Namely: if the vehicle is recovered before payment of compensation, it must be based on the amount of any necessary repairs.

Settlement period for property damage

In case of damage the delays are different. Indeed, the insurer then has three months (from the claim) to make a settlement offer. The compensation must then be paid within a month.

Where a claim is caused by a natural disaster, the regulation of the latter must be made within 3 months following the publication of the interministerial decree in the Official Gazette.

Settlement period for personal injury

In this case the insured should receive an offer of settlement from its insurer within eight months after the disaster instant credit report. If the insured dies after the disaster, his beneficiaries should receive a settlement offer from the insurer within the same after their claim. The compensation must then be paid within a month.

Non-compliance with these deadlines

If the insurer does not meet the deadlines related to the settlement offer and the settlement itself, the insured may consider legal action. Indeed, if the settlement offer was not made within the period, the compensation due interest income on the basis of twice the legal interest rate. Interest is calculated from the expiry of the deadline until actual settlement of the claim or the final judicial decision.  

If the payment of compensation is not made within the time allowed, the compensation also produces interest:

-Based on the guideline plus 50% during first 2 months after the deadline,

-On the basis of twice the legal rate after expiry of 2 months.

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