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	<title>International News &#187; events</title>
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		<title>The Paris Bourse digests elections in Europe</title>
		<link>http://amarnathindustries.com/the-paris-bourse-digests-elections-in-europe/</link>
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		<pubDate>Mon, 07 May 2012 19:12:03 +0000</pubDate>
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		<description><![CDATA[Presidential in major cities Paris &#124; Leeds &#124; Lyons &#124; Toulouse &#124; Leeds &#124; Sheffield &#124; Liverpool &#124; Bordeaux &#124; Lille 
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			<content:encoded><![CDATA[<p>Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille </p>
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		<title>Alain Afflelou: two candidates for the redemption fund</title>
		<link>http://amarnathindustries.com/alain-afflelou-two-candidates-for-the-redemption-fund/</link>
		<comments>http://amarnathindustries.com/alain-afflelou-two-candidates-for-the-redemption-fund/#comments</comments>
		<pubDate>Sat, 28 Apr 2012 21:08:04 +0000</pubDate>
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		<guid isPermaLink="false">http://amarnathindustries.com/alain-afflelou-two-candidates-for-the-redemption-fund/</guid>
		<description><![CDATA[ 
 The auction winner will take over the shares of Bridgepoint funds (57% stake) and Apax (20%). Alain Afflelou he has planned to stay in the capital. It could even slightly increase its stake, now 22%. &#34;This component has not yet been decided, it will depend on the nature of offers and future discussions with [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> The auction winner will take over the shares of Bridgepoint funds (57% stake) and Apax (20%). Alain Afflelou he has planned to stay in the capital. It could even slightly increase its stake, now 22%. &quot;This component has not yet been decided, it will depend on the nature of offers and future discussions with the fund that will prevail,&quot; says a close case. </p>
<p> The group, which produced last year a turnover of 785 million with 1,083 franchised stores, is valued around 800 million euros by connoisseurs of the file. To finance the purchase of three quarters of the capital, the next owner will have to fund raise around 300 million euros of debt. A challenge in the current, extremely volatile. The transfer operation, organized by the Banque Rothschild, commissioned last year, has proved complex enough to induce sellers to be cautious. &quot;Bids are expected soon, said Didier Pascual, Chief Executive Alain Afflelou. But nothing is decided yet. The hypothesis of the IPO will remain open. &quot;</p>
<p> A founder ubiquitous
<p> The way back on the stock exchange, which would switch to vendors, if possible in the fall, when tenders found attractive can, was long regarded as the preferred option of management group, and especially its founder <a href="http://sublimebusinesscards.com">business</p>
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		<title>Sarkozy accuses Holland of &quot;denying the existence of the crisis&quot;</title>
		<link>http://amarnathindustries.com/sarkozy-accuses-holland-of-denying-the-existence-of-the-crisis/</link>
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		<pubDate>Thu, 05 Apr 2012 15:04:03 +0000</pubDate>
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		<guid isPermaLink="false">http://amarnathindustries.com/sarkozy-accuses-holland-of-denying-the-existence-of-the-crisis/</guid>
		<description><![CDATA[ 
 Since formalizing his candidacy on February 15, Nicolas Sarkozy deseeded dozens of proposals, with its compiled in a campaign document, as an accurate, encrypted, presented Thursday. According to his entourage, the president candidate could submit a new &#34;strong measure&#34; in the social field. Earlier this week, Nicolas Sarkozy has indicated that its entire program [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Since formalizing his candidacy on February 15, Nicolas Sarkozy deseeded dozens of proposals, with its compiled in a campaign document, as an accurate, encrypted, presented Thursday. According to his entourage, the president candidate could submit a new &quot;strong measure&quot; in the social field. Earlier this week, Nicolas Sarkozy has indicated that its entire program will ask for 115 billion euros to the French effort, spending about 75 billion, 40 billion on revenue. </p>
<p> Nicolas Sarkozy also has his &quot;letter to the French,&quot; in which he exhibited his &quot;values&quot; and his &quot;vision of France&quot; by the year 2017. This document, published in several million copies, will be distributed &quot;by activist,&quot; says his entourage. On the first page of the 36-page document, is a sentence written in manuscript by Nicolas Sarkozy: &quot;My fellow Americans, there is nothing more beautiful than the love of his country.&quot; &quot;My goal is clear: France to build a strong enough in the next five years (&#8230;), yes reconcile France and France&#39;s failure&quot; to the European referendum in 2005, Nicolas Sarkozy said. </p>
<p> • Economy and Public Finance </p>
<p> &quot;&quot; All my proposals are built around one goal: the balance of public finances in 2016, &quot;said Nicolas Sarkozy. He confirmed in his project a French public deficit has 0% of gross domestic product (GDP) in 2016 and a surplus of 0.5% in 2017. Incumbent President states in his proposed reduction of the French public debt to 80.2% in 2017 instead of 85.8% in 2011 with European commitments. </p>
<p> &quot;To achieve the deficit targets, the tax burden will increase from 43.8% of GDP in 2011 to 45.6% in 2017 in France. Nicolas Sarkozy plans in its plan to cut public spending in France to 51.9% of GDP in 2017 instead of 55.9% in 2011. </p>
<p> &quot;Nicolas Sarkozy has acknowledged that 115 billion effort is needed over five years. &quot;I have to add the 9.5 billion campaign proposals,&quot; he added. This brings the total effort of 124 billion. Three quarters will focus on reducing expenses, the remainder of the revenue, insisted the president candidate, as he had already announced. </p>
<p> Sorry, this video is not available on your device.</p>
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		<title>Sarkozy wants to fight against absurd standards</title>
		<link>http://amarnathindustries.com/sarkozy-wants-to-fight-against-absurd-standards/</link>
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		<pubDate>Mon, 19 Mar 2012 07:00:24 +0000</pubDate>
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		<description><![CDATA[ 
 Nicolas Sarkozy gradually draws its economic project and incorporated last night during his speech in &#34;Capital&#34;, a measure to end a specificity very French, that EU rules are still emphasize: the proliferation of standards, which hold back activity and increase the cost of everyday life. &#34;The standards, they are 4-5 points higher expenditure in [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Nicolas Sarkozy gradually draws its economic project and incorporated last night during his speech in &quot;Capital&quot;, a measure to end a specificity very French, that EU rules are still emphasize: the proliferation of standards, which hold back activity and increase the cost of everyday life. &quot;The standards, they are 4-5 points higher expenditure in GDP,&quot; he insisted. </p>
<p> &quot;If the French trust me, in the next five years, whenever a minister will propose a new standard, it will remove two old standards,&quot; he said. And the Economic, Social and Environmental will be &quot;the guarantor of that commitment.&quot; At European level, would have &quot;the same rule applies [...] It will convince&quot; our partners, said the president candidate. </p>
<p> &quot;Five temperatures according to the dishes&quot;
<p> And to demonstrate the absurdity of some of these standards, the latter did not hesitate to embark on a series of examples: a herd of cows &quot;can not drink in the river&quot; that goes on in their field for ecological reasons, there are &quot;five temperatures according to the dishes&quot; in the restoration, a local breastfeeding in a company must have &quot;3 meter high ceiling&quot; &#8230; Examples like these could increase, amounting to Nicolas Sarkozy 200,000 the number of French standards and the number of 20 000 European standards. </p>
<p> Inflation regulations is a recurring complaint of local elected officials: the proliferation of standards on the environment, urban planning, accessibility of the disabled, or food in school canteens, leaden local finances. The bill would give them about 600 million euros a year, according to the Advisory Commission evaluation standards (NECC). </p>
<p> In fact, a moratorium on the standards had been established by the Government in July 2010 but it had proved ineffective. A bill by Senator Eric UMP Doligé then acts as recently new weapon to fight against the proliferation of standards &#8211; the text provides that they can vary depending on community size. But given the parliamentary calendar, it could not be examined in the Assembly before the legislative elections of June 2012. Yesterday was a measure that goes further brought forward by Nicolas Sarkozy. </p>
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		<title>The French poorly equipped to deal with disputes</title>
		<link>http://amarnathindustries.com/the-french-poorly-equipped-to-deal-with-disputes/</link>
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		<pubDate>Sat, 17 Mar 2012 12:20:04 +0000</pubDate>
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		<description><![CDATA[ 
 The French are discouraged before they even take steps to resolve a dispute. It is thought that nine out of ten surveyed by Ipsos for the first edition of the barometer Axa legal protection. Justice remains an unknown for most of them: 80% do not know who to turn to know their rights, and [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> The French are discouraged before they even take steps to resolve a dispute. It is thought that nine out of ten surveyed by Ipsos for the first edition of the barometer Axa legal protection. Justice remains an unknown for most of them: 80% do not know who to turn to know their rights, and 97% believe that the justice system is difficult to understand. </p>
<p> Worse, seven out of ten French think they have no financial means to defend themselves. Godsend for the legal protection insurers, which offer information in their contracts, and if necessary support &#8211; within limits &#8211; of legal fees. According to the Ministry of Justice, the cost of resolving a dispute is on average 200 euros for the costs of bailiff, 500 euros for an amicable and 1500 euros to cover attorney fees for a procedure . </p>
<p> Family, an area seldom covered by insurance
<p> The French think that the main sources of conflict are employment, housing and the Internet. In fact, the most common disputes relate primarily to the housing (25%), led by neighborhood problems and relations between landlord and tenant, and Internet purchases (24%). Relations with the employer is not a priority (23%). </p>
<p> Numerous disputes also affect the field of family (divorce, inheritance &#8230;). But legal protection insurers rarely venture in this field. Axa Protection legal disputes of this nature are supported only if the client has signed the contract the more upscale, costing between 140 and 300 euros per year, much higher than a domestic contract classic (63 euros per year). </p>
<p> The insurer, like others, offers customers a hotline: a lawyer tells them about their rights and answered their questions. This service receives 175,000 calls a year. The insurer sees submit 36,000 new claims per year, most amicably resolved. </p>
<p> ALSO READ: </p>
<p> &quot;When the Net resolves disputes of everyday </p>
<p> &quot;What consumers expect from the presidential </p>
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		<title>France: record of the energy bill</title>
		<link>http://amarnathindustries.com/france-record-of-the-energy-bill/</link>
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		<pubDate>Wed, 14 Mar 2012 01:16:05 +0000</pubDate>
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		<description><![CDATA[ 
 France could seek to accelerate its transition energy. In fact, the country&#39;s fuel bill has reached a new record in 2011, up from 32% to 61.4 billion euros, according to figures from the Commissioner General for Sustainable Development announced by Les Echos. The energy bill of France and represented 3.1% of GDP, last year [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> France could seek to accelerate its transition energy. In fact, the country&#39;s fuel bill has reached a new record in 2011, up from 32% to 61.4 billion euros, according to figures from the Commissioner General for Sustainable Development announced by Les Echos. The energy bill of France and represented 3.1% of GDP, last year against 2.5% in 2010. </p>
<p> This increase was driven by soaring oil prices. The average price per barrel of oil a year has indeed established last year to $ 111, not seen since the nineteenth century. The price of unleaded gasoline and have reached new heights last week, to 1.6211 euro on average for a liter of unleaded 95 and 1.6610 for that of 98 unleaded, according to data released yesterday by Ministry of Sustainable Development. This price is still below the record high of 1.4541 euro per liter recorded in May 2008. </p>
<p> Since late 2011, gasoline prices beat record after record in France, propelled by the combination of geopolitical factors that keep crude oil prices at very high levels, and weakening of the euro against the dollar , which amplifies the cost of black gold once its converted value in the single currency. </p>
<p> Nuclear energy has however enabled France to reduce its energy dependence as the country has a net electricity exports by 2.6 billion euros. The development of renewable energy has also enabled France to reduce the weight of its energy dependence. Video BFM. Sorry, this video is not available on your device.</p>
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		<title>Free Mobile network disrupted</title>
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		<pubDate>Fri, 02 Mar 2012 21:48:19 +0000</pubDate>
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		<description><![CDATA[ 
 As soon as the telecom regulator (ARCEP) she reiterated that Free Mobile fulfilling its obligations in terms of coverage, the network of the new telephone is again controversial. He knows since Friday morning strong disturbances that affect customer communications. The magnitude of the incident remains unknown, Iliad, the parent of Free, refused to give [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> As soon as the telecom regulator (ARCEP) she reiterated that Free Mobile fulfilling its obligations in terms of coverage, the network of the new telephone is again controversial. He knows since Friday morning strong disturbances that affect customer communications. The magnitude of the incident remains unknown, Iliad, the parent of Free, refused to give details. But for France Telecom, under contract to Free Mobile, it would be a &quot;major incident&quot;. </p>
<p> Disturbances may be caused by the failure of one of the two &quot;signaling equipment&quot; Free Mobile needed to find the phones. </p>
<p> Orange wants to keep his distance. The incumbent is linked to Free Mobile &quot;a roaming agreement&quot; which allows customers to use the Free Orange network in areas where Free has not yet developed its own coverage. &quot;Free us informed in the late morning of an incident on its network equipment. This incident is in no way related to the contract of homelessness in Orange network, &quot;said a spokesman for France Telecom <a href="http://us-fast-cash-now.com">fast cash loans</a><!-- . -->. </p>
<p> No &quot;quality testing service&quot;
<p> The incident revived the controversy over the quality of service of the fourth mobile operator. Tuesday, Arcep confirmed before an Assembly committee that Free Mobile covered at least 27% of the French population, a regulatory requirement for anyone holding a mobile telephone license. The regulatory authority, however, that it had made &quot;coverage tests&quot; and not &quot;test quality of service.&quot; </p>
<p> For other telephone companies, possess Free Mobile Network &quot;cheap&quot; or &quot;empty&quot;. They accuse him and his relay off voluntarily and not to develop its infrastructure to rest on those of Orange, better and more extensive. It is estimated that over 90% of calls made by customers Free pass through its network. </p>
<p> ALSO READ: </p>
<p> &quot;Free Mobile fulfills its statutory obligations </p>
<p> &quot;The boss of Free, Xavier Niel, on the grill MPs </p></p>
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		<title>The EIB lent 61 billion in 2011, mainly to EU</title>
		<link>http://amarnathindustries.com/the-eib-lent-61-billion-in-2011-mainly-to-eu/</link>
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		<pubDate>Fri, 17 Feb 2012 18:44:04 +0000</pubDate>
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		<description><![CDATA[ 
 The European Investment Bank (EIB) &#8211; the financial arm of the European Union &#8211; has granted 61 billion in new loans to about 70 countries in 2011. A level down compared to the historical peak reached in 2009 (79 billion euros), years during which the Bank was actively involved in the economic recovery of [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> The European Investment Bank (EIB) &#8211; the financial arm of the European Union &#8211; has granted 61 billion in new loans to about 70 countries in 2011. A level down compared to the historical peak reached in 2009 (79 billion euros), years during which the Bank was actively involved in the economic recovery of the Old Continent. But a level that remains particularly high compared to the average pre-crisis. </p>
<p> Most of these loans &#8211; 54 billion on 61 &#8211; was awarded to Europe. One way for the EIB to support the activity declining in Europe. In this context, France has been particularly well served. The Hexagon has received over 5 billion euros in loans, representing 9.2% of EU commitments. A figure up from 7.78% awarded in 2010. </p>
<p> Research projects
<p> The Bank took part in the financing of the LGV Sud Europe Atlantique, TGV and Britain Pays de la Loire. It has also been associated with the electric car developed by the Bolloré Group and funded to the tune of 100 million euros of joint research projects with Pierre Fabre Laboratories. </p>
<p> Outside of the European Union, the EIB lent 7 billion in accession countries and has been linked directly to the Partnership in Deauville, which followed the Arab Spring. Nearly 1 billion euros in loans have been granted to the private sector in 2011, especially for infrastructure development in Arab countries that experienced democratic revolution. </p>
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		<pubDate>Thu, 01 Dec 2011 20:32:08 +0000</pubDate>
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		<description><![CDATA[
 • &#34;Fear is back&#34; 
 President Nicolas Sarkozy said Thursday in Toulon that &#34;fear has returned,&#34; that &#34;for France to lose control of his destiny&#34; in the crisis of the euro area. The Head of State spoke of &#34;this fear that destroys trust&#34; and &#34;that paralyzes consumers, which prevents the investor to invest, the [...]]]></description>
			<content:encoded><![CDATA[</p>
<p> • &quot;Fear is back&quot; </p>
<p> President Nicolas Sarkozy said Thursday in Toulon that &quot;fear has returned,&quot; that &quot;for France to lose control of his destiny&quot; in the crisis of the euro area. The Head of State spoke of &quot;this fear that destroys trust&quot; and &quot;that paralyzes consumers, which prevents the investor to invest, the contractor undertaking the boss to hire the banker to lend&quot; , ensuring that &quot;the only way of averting this fear is to tell the truth.&quot; </p>
<p> • A cycle of debt </p>
<p> Nicolas Sarkozy announced a &quot;new cycle&quot;, that of &quot;deleveraging, which will bring the balance of the economy to work and production that developed countries have tended to sacrifice too.&quot;</p>
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		<pubDate>Thu, 24 Nov 2011 21:08:05 +0000</pubDate>
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		<description><![CDATA[ The ears of Michel Barnier, European Commissioner &#8211; French &#8211; in charge of Financial Services, had whistled Thursday morning. Jean-Pierre Jouyet, the president of the Financial Markets Authority (AMF), which held its annual interviews, did not mince words in criticizing his proposed reform of the financial markets in Europe. &#34;The responses of this text [...]]]></description>
			<content:encoded><![CDATA[<p> The ears of Michel Barnier, European Commissioner &#8211; French &#8211; in charge of Financial Services, had whistled Thursday morning. Jean-Pierre Jouyet, the president of the Financial Markets Authority (AMF), which held its annual interviews, did not mince words in criticizing his proposed reform of the financial markets in Europe. &quot;The responses of this text do not match&quot; issues, said Jean-Pierre Jouyet who fears that &quot;to continue the movement toward more opaque.&quot; </p>
<p> The European Union last month presented a draft revision of MiFID came into force in 2007, which led to a proliferation of trading platforms, which make more complex markets work and the work of monitoring their police.Today, &quot;it replays the same scene!&quot; Complained Jean-Pierre Jouyet. </p>
<p> The tackle of the President of the MFA vis-à-vis Brussels has earned strong support from representatives of the Paris present yesterday morning, as Mestrallet (GDF Suez CEO and president of Europlace), Dominique Cerutti ( Nyse Euronext number two) but Ramon Fernandez, director of the Treasury. But on this subject as on others, the good alignment between gendarmes and police positions in finance in France lack relay abroad. But &quot;it is here that we must share our ideas,&quot; Ramon Fernandez fell Thursday. &quot;It&#39;s the G20 that plays the game.&quot; </p>
<p> Credit Risk
<p> Global or European scale, several parties have just recently lost by France. The recapitalization of the banks decided at the Brussels summit of 27 October had not favored by Paris.</p>
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