International News

Wall Street is expected in the red pre-meeting Tuesday. At the NYSE, the Dow Jones, Nasdaq 100 and S & P 500 retreat respectively of 0.05% at 10,548 points, from 0.13% to 2329 points and 0.23% to 1,136 points.

U.S. operators will choose to pocket a share of the gains made last week by caution before a salvo of indicators in the coming days. Especially since the main stock index hit a "low point" there is exactly one year, March 9, 2009. Since the S & P 500 has started the largest rally in history. In one year, the U.S. index has increased by almost 70%!

The next U.S. statistics are expected tomorrow with the traditional weekly report on unemployment. Weekly Market in the United States, will then be placed under the sign consumer.The two major economic indicators this week, published Friday, will be the sales details for the month of February and the preliminary estimate of consumer confidence.

The euro continued its decline against the dollar Tuesday, settling below $ 1.36, penalized by renewed concerns about Greece and the risk of contagion within the euro area, while the market remains cautious vis -à-vis a possible European Monetary Fund. At the opening of the NYSE, the euro bought 1.3562 dollars (-0.42%) against 1.3631 dollars late Monday teletrek no payday advance .000 Jobs, while industry and services have created respectively 11,000 and 48,000 positions.

Economists agree, though, that unemployment has peaked."The pace of job losses still slows significantly and the return of job creation in services and industry is good news," said John Thomas, for example, economist at Natixis.

The strong upward revisions in the number of job destruction in 2009, however, may worry. The December figure was revised sharply upward from 75% to 150,000 against 85,000 initially. At 12 months, are shedding 600,000 jobs that were added following the revisions of the statistics. This is does not affect the positive trend, according to Inna Mufteeva, economist at Natixis' share is only a point of reversal highest previously believed.

There are just a year he had won the grand prize of BFM manager and made the headlines in the magazines, which presented him as a guru technologist and strategist warned telecom. With only two known passion, except tech gadgets. His wife, Gilberte, banker at HSBC, and the trees of his house in Sologne. Alas, this image has eroded since the summer, while a series of suicides has plunged the group.

Hue on some sites, a company that has yet veneration of the leader, Didier Lombard, in his wheedling air and round cheerful, is affected. The mathematicians more comfortable in the labs among engineers that under the camera, commits some awkwardness of language that mark the spirit but do not reflect his thinking. Like when he talks of "fashion" about suicide.

The runaway media, which has a genius visionary, is suddenly switch to a boss with autism.A shift that shows how it is excessive as it is radical.

For Didier Lombard is fully committed to "home" and its employees, where he began his career as a young Polytechnique, before joining the Directorate General of Industry at Bercy. There he will manage all major industrial issues, Bull Thomson. It will keep the obsession with the voice of France and Europe in the "global digital village," between the American omnipotence and new ambitions Chinese Business Card Holders .

Capacity in countries emerging

When it comes to the head of France Telecom in 2005, replacing Thierry Breton became Minister of Economy, the company is just the head. Crushed by debt, it almost went bankrupt.Didier Lombard accelerates plan "TOP" drastic cost reductions initiated by Thierry Breton, and continues the transformation of enterprise fixed mobile integrated operator with its plan Next. A transformation vital to the survival of the group plunged into the competition, but that is no longer welcome by some of the employees in historical France. At the international France Telecom is strengthening in the emerging countries, but also in Switzerland and Great Britain, even if the marriage with the Nordic TeliaSonera fails.

In taking over, Stéphane Richard will give a flat part of this strategy.Starting probably content, even if their weight in the group activity is inversely proportional to the media buzz they generate.

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In the wake of their European counterparts, U.S. exchanges have closed the week on a steep decline: the Dow Jones lost 0.96% and the Nasdaq, 1.22%. However, publication of results in the fourth quarter of giant Intel on Thursday night after-hours trading was better than expected. But the JP Morgan Chase established the doubt. The day before the U.S. markets have closed up slightly, despite the disappointing statistics across the Atlantic. The sectors of health and technology have supported the trend.

Earlier Friday morning, Asian stock markets closed broadly in the green. Tokyo The Nikkei ended the session up 0.68% at 10,982.10 points. The Hang Seng in Hong Kong, however, ended down 0.3% to 21,654.16 points as investors still worried about a possible tightening of Chinese monetary policy.

The President's speech yesterday, Obama did not surprise the markets.As announced by the spokesperson of the White House, a proposed tax of fifty largest banks will be presented to Congress in the coming weeks. According to the Financial Times, the U.S. Treasury would press other countries to also adopt a tax on banks.

New wave of statistical significance

The consumer prices in the United States rose by 0.1% in December, bringing inflation over the whole of 2009 to 2.7%, according to figures released Friday by the Labor Department. In the short term, the inflation risk sembre low.

Industrial production in the United States rose in December by 0.6%, as expected by analysts, according to official figures published Friday, but this increase was primarily allowed by having an unusually cold boosted the energy sector.

The technology and banking suffer

Intel sells 3.17% to 20.80 dollars, while the U.S. group confirmed on Thursday evening the resumption of its activities, with net income nearly tenfold in the fourth quarter of 2009, which has reduced to 17% of the decline annual net profit to 4.369 billion dollars. This exceeds the expectations formulated earlier by analysts. "The market has seen a nice rise, everybody expected a good showing from Intel. To some extent it is a classic case of sales at the time of the announcement, "said Owen Fitzpatrick of Deutsche Bank. Even setback for Microsoft (-0.32% to 30.86 dollars), IBM (-0.38% to 131.81 dollars) and Cisco (-2.20% to 24.40 dollars).

Boosted by a return to growth in the fourth quarter, PC sales grew by 5.2% in 2009, according to a study by analyst firm Gartner published yesterday.Acer dethroned Dell (-2.04% to 14.40 U.S. dollars) in second place worldwide.

Even surprise to JP Morgan Chase, which lost 2.26% to 43.68 dollars. The U.S. bank has yet announced having doubled its net profit in 2009 to 11.7 billion dollars. Per share, net income reached 74 cents per share in the fourth quarter, against 62 held by analysts. In the fourth quarter alone, the bank has increased by more than four net profit to 3.3 billion dollars. The bank's CEO, Jamie Dimon, welcomed the news that the bank in late 2009 enjoyed a "very strong capital ratios Tier 1 of 11.1%. But the cost of risk (failure to pay on credit) remains "high". The bank especially in its accounts last quarter to 7.3 billion dollars in reserves to cover these risks.Morgan Stanley lost 2.88% to 30.30 dollars, Goldman Sachs 1.95% to 165.25 dollars, and Bank of America 3.33% to 16.26 dollars.

Citigroup (-2.85% to 3.41 dollars) would be decided by the Financial Times, to cap the bonus at $ 100,000.

Market research firm NPD has revealed sales of video game consoles in the United States for year-end 2009 total, the three major manufacturers have passed 40 million consoles in 2009, including 20 million for the Wii Nintendo, 10 million for the Xbox 360 and 10 million for the PlayStation 3 (PS3) by Sony, thanks to an aggressive policy of lower prices.

In addition, Verizon Communications (-2.05% to 30.58 dollars) will host a conference on its wireless subsidiary, which is partly owned by Vodafone (-1.82% to 22.09 dollars).

Oil retreats, dollar strengthens

Side materials, oil slipped below the 79 dollars a barrel and connects its fifth session lower after the report of the International Atomic Energy: global consumption of oil should rebound by 1.7% in 2010 fully supported by demand from emerging countries and Asia, after falling 1.5% in 2009.

The dollar is strengthening against the euro, which is penalized by the situation in Greece after the publication of inflation. One euro is worth 1.4385 dollars.

Air Problems

Air traffic may experience some disruption on Wednesday and Thursday. An Inter-CGT-CGC-FO Unsa air traffic controllers said it was maintaining its notice to strike despite a meeting with Transport Minister Dominique Bussereau. Twelve thousand agents are concerned. They deal in particular security and air traffic management. The airlines will then induced to delay or cancel their flights. "We expect a fairly important to strike then strong enough disruption to our services. We warned these companies of significant disturbance to predict, "warns the Directorate General of Civil Aviation (DGCA). This should provide future traffic forecasts. Travelers are advised to check their flights before going on site. Several airports, such as Lille or Brest Britain, are already experiencing delays.Trade union sources suggest even the possibility of "Operation Snail" on access to airports.

Reason: the Inter asks the Government to reconsider its policy of non-renewal of retirement on two, or 400 job cuts in two years. The unions also fear a dismantling of the Directorate General of Civil Aviation (DGCA) in favor of a merger of services under the FABEC (block functional space common to Germany, Benelux and Switzerland) .

Officials should stop work

They are asked to raise next January 21 by the CGT, FSU, Solidaires, the NMS-CFDT and UNSA-Education.

Reason: they demand an immediate halt job cuts. According to them, in 2010, the State and public services will suffer their worst year in the budget with 30,000 job cuts.Since 2007, this will total more than 100,000 jobs have been eliminated. "Education is very particularly hard hit with more than 16,000 job cuts, totaling more than 40,000 jobs," said a statement of the UNSA-Education. A common departure is planned in Paris, Place de la Republique and 14h. "This movement must be sustainable, unions warn.

The maritime transport of goods affected

In continuation of the strike on January 4, a social movement paralyzes the major French ports since the beginning of the week. The mobilization could still continue. Monday, at the invitation of the National Federation of Ports and Docks CGT workers stopped work in Marseille, Dunkerque, Nantes-Saint Nazaire, Rouen, Bordeaux, La Rochelle and Le Havre. In the Normandy ports, they were almost 90% to strike. In Marseilles and Fos, fifteen vessels were affected.At Havre, the container terminals were very disturbed.

Reason: after the port reform, the CGT claimed the government guarantees employment, including the arduous, and investment. The union wants the expansion of the national collective agreement to river ports and fishing ports and want more information on the transfer of personnel handling to the private sector. The seven autonomous ports French in 2008 employed nearly 31,700 people. However, their market share relative to their European competitors continues to decline.

Mobilization to the Court of Appeal of Amiens

The unions and leftist parties called the 1120 employees of the factory Continental Clairoix to demonstrate to the Court of Appeal of Amiens on Wednesday.

Reason: the first trial court had sentenced heavily Compiegne six demonstrators protesting against the closure of their factory.The objective of the Inter is to obtain the release of six persons convicted of "looting" of the sub-prefecture of Compiegne April 21 last. That day, nearly 200 employees occupy the factory sub-prefecture, after learning they were rejected by the justice of their demand to cancel the procedure of closure. The trial will take place at 13:30.

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While remaining for purchase on Ipsen, Gilbert Dupont decided Monday to withdraw the value of its favorite value list 'Midcap', arguing that "the handsome fellow course of action for a month (+9.4% ), compared with a performance of CAC Mid & Small190 limited to 0.6%, now leaves a potential stock market growth below 15%.

The withdrawal gave the lead in the wing during the specialist medicines, while trying again to exceed 40 euros. Around 15 hours, the action Ispen yielded 2.05%, to 38.75 euros, and signs the worst performance of the DRS on Monday.

However, the broker said it maintains its price target to 44.80 euros. To recall, the pharmaceutical group released late October sales up 7.8% to 256.4 million euros in the third quarter and raised in the same time its annual targets.The operating margin has been adjusted between 17 and 17.5% against 14% previously.

Gilbert Dupont has also highlighted the potential for marketing of LPG-1 class in the United States. The FDA (U.S. Health Authority) request to effect different actors perform a series of further clinical trials. Clinical trials are currently being published.

Malaise in the drafting of TF1 and LCI. During these two days, a petition full of anxiety concerning the working conditions of editorial running in the first group of television. The fear expressed is that of seeing down the "information quality" of the first media of France, given the new organization that is gradually established. This should lead eventually to a complete merger of the newsrooms of the two channels.

In this document signed by all the trades the group's information, the signatories say loud and efforts on behalf of the savings plan of the chain. Nonce Paolini, CEO of the group, has promised to market savings of some 70 million euros to spare no one. Thus, the wording has already recorded a score of departures on its total to 330 journalists. Or 200 and TF1 and LCI 130.But it is also the organization of work teams worried: less time to subjects, and especially fewer people to make reports.

"Standing"

TF1 teams are restricted to two instead of three. Pell-mell added demands on the growing intensity of the pace of work and wages deemed insufficient and that some classes require to upgrade. "We do not BFMTV, whispers it in Backstage. TF1 has a luxury it must keep. The restrictions must not impair the antenna. "

A position that is far from denying Catherine Nayler, director of information of the first string of France: "This document from an Inter-five organizations including the apparent desire to maintain the quality of work. It is a concern that I share too.As a major general news channel, TF1 must absolutely and always respond to this need and keep its label. No reform will be to the detriment of the quality of the newspaper, "says she. "The questions that arise so concentrated in this text today, we talk every day together. We are facing a double challenge: that of an economic crisis affecting all media, forcing them to reorganize and that of the pooling of resources between the two antennas.The organization of TF1 was frozen for twenty years, I understand evolve is not clear. "Not to mention that November 25 will be holding elections to appoint professional staff delegates.

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The beginnings were, however arduous. Just arrived at Bercy in 2005, Foreign Trade Christine Lagarde addresses a French taboo: the Labor Code. "Complicated, heavy, rather inflexible. Emotion, call to order the Matignon. After the election of Nicolas Sarkozy and his rise in rank to the Economy, the Minister referred to a "austerity plan" against the state of public finances. Whirlpool, public disavowal of the Elysee. A little later, faced with soaring oil prices, it advises the French to put the bike …. By Christine Lagarde, the French may have first caught his gaffes and his unwavering optimism about the economy. Two and a half years after his appointment to the Ministry of Economy, the most sacred here, however, European finance ministers … Meanwhile, the economic crisis has been there. And made the French minister "a star in the world of finance. Nothing less.And this is not his entourage, who devotes a sincere admiration, who says it. No, it's very Anglo-Saxon Financial Times, publishing its annual list Tuesday of Ministers of the euro area. "No other minister of Finance of a major economy in the world is reached through this years test in such a form" and did so involved "at the international level regarding the regulation and the future banking sector, "said the influential FT.

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