LE FIGARO – Why sacked Christian de Villeneuve, hired five months ago?

Alexander Pugachev – Christian Villeneuve arrived at the editorial management the same day of the launch of the new formula of France-Soir, March 17. Under his leadership, the title has gained credibility and reputation. France-Soir is now in running order. He left because we have some disagreements together, particularly on the image and the editorial line. It is not enough to make France-Soir a "Parisian ba" to succeed, I want France-Soir stands, has its own personality.Christian de Villeneuve – this is not a criticism of me – Le Parisien in its DNA and that does not correspond to my vision of France-Soir. However, I still have confidence in Christian de Villeneuve and that is why I offered him the post of editorial adviser. It should give me his answer within fifteen days.

Remy Dessart takes over at short notice. What is its mission?

I presented Monday to the editor Remy Dessart. His resume is excellent: it has succeeded almost everything he has undertaken: he is at the origin of the popular economy magazine Capital, has worked to VOD, to Team, and even television as a director Information M6.He also led on behalf of the German Springer plans to launch a tabloid, a "French-Bild", which have not been created …

… Is it just your ambition to make France-Soir a "Bild" in French?

I understand the anxiety of writing due to the departure of Christian de Villeneuve and I want to reassure her. In any case, I do not want to transform France-Soir in a trash daily, or a populist Bild in the French "as I have read in the press. I, indeed, visited last month writing Bild, such as the Daily Mirror before and soon that of Osterreich. I even consulted the number zero of the famous French-Bild "… And I quickly realized that this project was not duplicated in France.

No change in editorial policy of France-Soir, or even dismissal is expected.The roadmap is set to Remy Dessart only to enhance the value added of the title to multiplying the scoops, the articles to the original angles, staggered. There is no point to a pale copy of Le Parisien.

Great ambitions for writing only 70 journalists …

We're looking to hire about ten more journalists to expand the investigative department of the newspaper. Many contacts have already been made to journalists. It is now up to Remy Dessart to his leg.

Should we expect a reshuffle in the drafting?

That Remy Dessart and see … But to have already spoken with him, no departure is expected.The work of each charge, including Dominique de Montvalon (formerly of Paris, Ed) to head the political department, is very appreciated.

Always Check the 150,000 copies by the end of the year?

Our record is good. In one year we went from 21,000 to nearly 90,000 copies circulated in France, according to OJD (20 of 000 for Paris-Ile de France). Given these figures, we are aiming now 150,000 copies in 2011. To achieve this, I intend to inject a minimum of 20 million euros, in addition to the 50 million already invested, to cover our losses and start a new advertising campaign in January. At the start, we planned to send 700,000 mailings to try to garner 5000 subscriptions.

Le Parisien is for sale.Have you looked at the file?

I would have liked but the group did not want to let me know … The advantage with France-Soir is that from a very low, we should not lead to cuts in recruitment but rather to relaunch the newspaper. However, I recently reviewed the record of a security area and is very attentive to opportunities that may present the regional press.

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Fourth and last major bank in the Chinese state to be listed, it is worse than those rivals who had recorded double-digit growth, along with Industrial and Commercial Bank of China (ICBC), whose title was took 15% on the first day, in 2006. The current value of the title of the Agricultural Bank is 1.65 times book value, placing it above the other major Chinese banks.

The IPO of the Chinese establishment would go down in history, with an amount of 22.1 billion dollars.But it will only be achieved if the over-allotment option is exercised. The humble beginnings of the track gradually away this possibility for Agricultural Bank, which has so far raised only $ 19.3 billion. The record for the largest IPO would then remain at his counterpart ICBC, which raised 21.9 billion dollars in 2006.

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Pending the promulgation by the President

Obama can now enact this historic piece to prevent another financial crisis and economic such as the United States had known in autumn 2008.

"Today the Senate will take action and send the bill on the president's office, so that the country can finally feel the effects of reform on which we have discussed for so many months," said Thursday Senator Chris Dodd, one of the main authors of the text with the Representative Barney Frank.

The text of over 2300 pages of the law "Frank-Dodd", aims to extend regulatory control over whole sectors of finance, which escaped him.It thus provides for the creation of a consumer of financial products within the central bank and it prevents the rescue of large financial institutions at taxpayers' expense.

For regulators play now

Among other measures leading text include a provision for better control of the vast market of derivatives traded over the counter, these tools have been speculative in the heart of the recent financial crisis in the U.S. pay day loans.The text finally contains a measure dubbed the "rule of Volcker," the name of Barack Obama's economic adviser, Paul Volcker, whose idea is to encourage commercial banks to focus on their lending activities and take fewer risks .

While most Democrats have supported this project, the Republicans have signaled their opposition to the text, notably in that it gives too much power to regulators who failed to prevent the recent financial crisis.

The Chairman of the Central Bank of the United States, Ben Bernanke on Thursday hailed an "important step" with the vote by the Senate of legislation to reform financial regulation, which gives them considerable powers of oversight at the institution.

The ball is now in the hands of regulators. "We will pay with meticulous application and our responsibilities under the new law," promises Ben Bernanke.Legislation passed by the Senate because the Fed responsible for regulating all major financial institutions in the country, more than 50 billion dollars in assets.

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The world of microprocessors has announced the results he describes himself as "historic". In the second quarter, the company posted a net profit of 2.887 billion dollars and an increase in turnover of 34% to 10.765 billion dollars.

Tokyo euphoric

In Tokyo, the Nikkei, which opened up 1.79%, continued to rise throughout the session to finally close on a leap of 2.71% to 9795.24 points.The Topix ended up 1.91% to 870.73 points. The activity has yet been moderately strong, with 2.3 billion shares traded on the primary market.

The performance of Intel supported Japanese stocks in the technology sector as the supplier of semiconductor Tokyo Electron and the semiconductor manufacturer Advantest, which respectively surged 4.07% and 5.67%. The early solid quarterly publications U.S. has generally allowed large groups of exporters rise sharply Wednesday. Automakers Toyota Motor Corp., Honda Motor, and the specialist digital cameras and Canon gained 3.47 to 4%.

Please note that Toyota enjoyed an article in the U.S. claiming that drivers who complained about the unintended acceleration in their Toyota had mistakenly pressed the accelerator instead of the brake.

The region follows the oil and also

In China, stock markets in Hong Kong and Shanghai respectively earn 20,640 points to 1.03% and 0.56% at 2463 points.

The Korean Kosdaq is 0.53%, the S & P Australia 1.62% and 0.47%, Sensex India.

Moreover, crude prices are mounted on Wednesday morning trade, the price of light sweet crude for August delivery gained 2 cents to 77.17 dollars a barrel, while Brent North Sea due identical, took 27 cents to 76.92 dollars.

Reacting on RTL, the health minister, Roselyne Bachelot, said Sunday it would propose an increase in tobacco taxes to counter the move by the industry when considering the budget bill. The minister, who denounced a "blow to public health", said she was "absolutely shocked".

Recalling that tobacco was responsible for 60,000 deaths a year, more than half due to cancer of the airways, Roselyne Bachelot said she heard "get cigarettes at a price deterrent.""Do not our mobilization efforts on public health is undermined by the initiative of industry," commented the minister.

"A health scandal"

The public health associations have criticized the approach on their side of tobacco. According to Bertrand Dautzenberg, pulmonologist, president of the French Office for the Prevention of smoking, the decline in the price of tobacco is "a marketing offensive aimed at attracting new smokers, particularly youth and women" instant payday loan.

"Variations on the price of tobacco, which are the only effective lever for reducing consumption, are now in the hands of industrialists," he laments."This is a health scandal since this will automatically translate into increased consumption," adds Yves Martinet, president of the National Committee against Smoking (NCTC), which campaigns for "a new tax policy."

There are currently 29% of daily smokers and occasional 5% among French people aged 18-75 years. According to the French Observatory for Drugs and Drug Addiction (OFDT), the daily smoking for 28% of girls and 30% of boys and 17 years.

"And all indicators are now red," according to Professor Albert Hirsch, vice president of the National League against Cancer.The latest results from the annual survey conducted by the association without tobacco Paris, in partnership with the rector of Paris and the Fund's primary health insurance, and have recently shown a tendency to relapse to smoking among adolescents Paris, while the latter had given up smoking massively in the wake of the cancer plan.

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Since then, times have changed. The government has announced plans for pension reform last week. A text that unions have unanimously considered "unfair." Guests this Thursday on RTL, the secretary general of the CFDT, Francois Chérèque, regretted "being faced with a country that is willing to change, but change in the wrong direction." Therefore, he hopes an "exceptional mobilization" for this inter-action day.

"The hope was to surpass the one million demonstrators.I think that this figure will be exceeded is obvious, "said François Chérèque, saying that" perhaps two million people "will demonstrate this Thursday. And this, especially since "more than 200 gatherings" are already planned across France. And calls for strikes in the business (as in Saint-Gobain, Michelin, Total, Airbus, BNP Paribas, L'Oreal, France Telecom, La Poste …) have followed since the beginning of the week.

At the Post, some 19.86% of staff were on strike Thursday morning, said the Directorate in a statement against 12.80% last May 27. For its part, the direction of the station has recorded 39.8% of strikers among the railway workers in mid-morning, against 23.2% during the last day of action interprofessional.

The teachers were 31.9% to strike Thursday in schools and 10.3% in secondary schools (including 18.7% in colleges), according to figures from the Ministry of Education published in mid-morning. The schools were little affected, the degree requires organization. On the day of 23 March, the mobilization in the primary had reached 29.8% of strikers, the ministry said.

Another sector to have mobilized public broadcasting had a strong participation in the strike on Thursday. Several television and radio have been deleted throughout the morning. The directions of France Televisions and Radio France, however, had not reported figures to the mid-day. Finally, the publication of several regional newspapers has been disrupted. To major national newspapers will not seem morrow Fridays.

For the secretary general of the CGT, Bernard Thibault, the one million demonstrators should be passed this afternoon. "If that's not enough, we have the sequence of ideas, this is not the end of a cycle, only the announcement of a bill," he warned in a interview with the newspaper 20 Minutes. "I've seen governments fall as safe as this one, particularly on the subject of pensions, has finally found the union leader.

If Nicolas Sarkozy pledged on Tuesday to be "tuned" during discussions with the unions this summer, and it spoke of "possible developments" of the reform bill late last week, some key points text does not change as raising the legal age to 62 years in 2018. And, whatever the mobilization this Thursday."The mobilization will certainly strong, we expect, we do not fear," warned the Labour Minister, Eric Woerth.

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Hong Kong drops 1.36% to 20,821.20 points, 0.91% cedes Taiwan to 7391.74 points, Seoul lost 1.22%, 0.58% in Sydney coward 4779.50 points, fell by Bombay 0 53% to 17,464.90 points and Singapore shows a decrease of 0.98% to 2945.34 points.

Despite the activation of a massive bailout of Greece announced on Sunday by finance ministers of the euro area, markets do not regain confidence. They are worried about further increases in reserve requirements of banks in China, 50 basis points. Banks will therefore retain 14-17% of their loans in chests. This measure, which takes effect next May 10, is supposed to limit loans to individuals and businesses to avoid the overheating of the Chinese economy.This is the third increase since the beginning of the year.

The banking and real estate values at half

Consequently, the evolving Chinese banking stocks down sharply, on Monday, including Bank of China, which fell by 1.72%. Regarding property values, China Resources fell 4.97%, Shimao Property Holdings sells 2.47% Agile Property Holdings or drops 2.17%.

A barrel of oil above $ 86

Crude prices were up Monday in Asia after the announcement of the plan of aid to Greece and because of a probable decline in U.S. production in the wake of the oil spill in the United States.

In morning trading, a barrel of light sweet crude for June delivery took 16 cents to 86.31 dollars, while Brent North Sea with identical maturity, gained 13 cents to 87.57 dollars.

Weak Won

Twelve years ago, the "minor IMF (International Monetary Fund), that is to say cheap, flourished in windows of restaurants in Seoul. They symbolize a country to tighten their belts under the yoke of the international institution. Today, Bentley and Equus, the top model of Hyundai, the sparkle of luxury car. In truth, what makes the difference with the 1997 financial crisis is that the government has reacted very quickly.Between 2008 and late 2009, he has injected 88 400 billion won (50.8 billion euros) in the economy, including 26.8 billion in the form of tax reductions and lowered its interest rate of 5.25% to 2%.

"We come out faster because the initial conditions were not the same as those of Europe or the United States," said Hur Kyung-wook, Vice Minister of Finance. "The financial sector was not in the same situation as twelve years ago. The banks had money and had very little exposure to subprime loans. "

If the government failed to arrest the fall in exports, down from 20.7% in the first nine months of the year, it has saved its trade balance with the weakness of the won and the reduction imports."Our discussions have been penalized less than other Asian countries due to the diversification of our markets and our products," welcomes Yoon Jong-won, director general of the Office of Economic Policy at the Department of Strategy and Finance. Behind China (21.7% of exports), Europe (13.9%), North America (11%) and countries of ASEAN (Association of the South-Eastern Asia ) are in fact almost on a par. It remains to convert the try.

"Green Growth"

Unlike Japan, South Korea has no plans to ease its measures to support the economy. "The recovery is driven by the public and until the private sector recovers, emergency measures are necessary as well as fiscal stimulus.Exit plan would be entirely premature, "says Hur Kyung-wook.

The government relies on the vast field of "green growth", driven directly by President Lee Myung-bak to restart the machine. This project, which should raise some 60 billion euros of public and private spending in the next five years and create 1.8 million jobs, will own the car in the management of large rivers of the country, through the eco-towns. From the largest to smallest, all companies are required to participate. "They give us very positive signs," says Yoo Beom-sik, director of the Presidential Program Green Growth. Korea, which is 97% dependent on foreign countries for its oil and gas, is facing an energy bill of more than 93 billion dollars per year.As she turns to renewable energy, it is hoped that these will enable rapid development of new technologies.

It is also necessary now that the provinces play the game and also invest. The controversy has erupted in recent days, even within the ruling party, on the project to move 9 departments and 4 government agencies to Seoul Sejong City, 150 kilometers south of the capital, shows that the N is not won. It might even, in the eyes of some Koreans, delay or jeopardize the reform agenda of President Lee Myung-bak.

"South Korea: strongest growth in seven years