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On the eve of the holiday season, Areva offers a nice gift. It is not in the register as expected. The French group, world leader in nuclear power, has indeed won a contract worth 400 million euros in offshore wind. Made official Thursday, the order calls for the construction, implementation and maintenance of 40 turbines of 5 megawatts M5000 (MW) each. These facilities are for the park Borkum West II, located in the North Sea.

Commissioning is planned for 2012-2013. Thanks to the 200 MW installed, Areva will supply electricity to some 200,000 homes. Often double as the contract signed with Trianel, an association of several German utilities, including an option – exerting in 2011 – for forty additional turbines. Incidentally, the French group was pleased that "eleven of the first rank banks committed themselves to fund this project."Evidence at his eyes firmly believe that investors in the development of green electricity.

Areva, which regularly insists on its uniqueness as an energy "low-carbon" – nuclear over renewable – the niche has invested in wind energy in 2007, taking 51% of the German manufacturer Multibrid payday advance low fees. Last spring, he bought the remaining 49%. Multibrid became Wind Areva, a 100% subsidiary of Areva and solely dedicated to offshore wind.

The company currently boasts some 600 MW of projects. It has already commissioned six turbines M5000 Alpha Ventus, the first German offshore wind farm, also located in the North Sea, 45 km from Borkum.

Candidate in France

For the moment, France is still far behind Germany and especially Great Britain in development of offshore wind.However, the government is considering launching a call for tenders for all the French coastlines. A project of over 10 billion euros had sketched Borloo before leaving the Department of Ecology.

Even if the specification is yet to be finalized, the group led by Anne Lauvergeon is already in the running. Like all large energy companies, hoping that such tender will be discriminating, "as to the operators select the most serious," says one expert on the issue.

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The CAC 40 pauses on Wednesday after two consecutive sessions and declined slightly by 0.01% to 3928.92 points at the halfway point. Concerns over debt and Moody's warning on Greece and Ireland could affect investment decisions. The day before the U.S. indices ended the session up to the inverse of Asian stock markets finished the session which have declined. Eyes will be on Wednesday to the United States publish their sales growth for the third quarter this afternoon.

The Nikkei index of Tokyo Stock Exchange ended the day on Wednesday with a decline of 0.23%, investors, disappointed by the Japan External Trade Statistics and cautious before a holiday, having opted to pocket profits dealers said.

Statistical publications are many on Wednesday.Moreover, the U.S. GDP in the third quarter, investors be concerned with resales. In Britain, the growth figure for the third quarter will also be announced and the balance of payments and the minutes of the Bank of England.

When Moody's puts Portugal and Spain under pressure, the debt figure for 2010 fall. Unsurprisingly, the year 2010 was undoubtedly, in developed economies, that of the explosion of public debt. Thus, the net debt service of the U.S. state has increased by more than two trillion dollars for fiscal year 2010. The same applies to the United Kingdom: the country's public deficit widened more than expected in November to 16.8 billion pounds (19.8 billion euros) a month, or 2 billion higher than November 2009.The German and French indebtedness reached record highs.

As for values, alternative energy supplier Poweo, listed on Alternext climbed 1.19% to 5.12 euros. The group announced on Wednesday its withdrawal from production activities of electricity, sold for 120 million euros to its shareholder, the Austrian Verbund, "the only way to survive," according to its president.

In ACC 40, the largest increase returns to LVMH (2.27%). The group said it holds more than 20% of Hermes (3.22% to 164.40 euros, the biggest increase SBF 120) as a result of market purchases on and off the market, continuing its mounted in the capital of the group, while reaffirming not consider taking control or launch a takeover bid easy pay day loans.

Veolia advance of 0.47% to 22.47 euros.The community service group has signed a contract worth over one billion euros in turnover over one year to the operation of three regional trains in Bavaria, confirming information of The Tribune. This contract is the largest of Veolia Transport in Germany.

Total symbolically back 0.06% to 40.51 euros. The oil group announced its intention to make its debut in the Brazilian sugar cane Amyris via its partner in order to produce a series of biochemical products. By partnering with Brazilian companies, Total wants to claim 5% to 10% of the production of sugarcane in Brazil by 2020.

Moreover, the U.S. would Genzyme, the Wall Street Journal, now more willing to discuss with the group Sanofi-Aventis (1.06% to 49.74 euros).The U.S. laboratory said so far his opposition to any negotiations so that Sanofi would not raise its offer as inadequate.

The works of EDF (-0.30% to 31.76 euros) will wipe almost 90 million euros in losses this year and needed an unprecedented austerity plan to restore its finances, according to Les Echos.

CAC40 off, Ingenico (-1.44% to 27.09 euros), which on Sunday rejected an offer on the entire company, said Tuesday evening that he had received no firm offer and was not conducting any discussion on its capital.

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Ingenico: end discussions redemption

"The Tokyo stock market is crumbling late in the session

"2010, a record year for public debt

Moody's puts Spain and Portugal under pressure

"LVMH owns more than 20% stake in Hermes

Ranked by the Financial Times as the worst finance minister in Europe, Brian Lenihan presented Tuesday before the Irish Parliament – the Dail – the budget the strictest in the history of the island, imposed by the EU European and International Monetary Fund (IMF) in exchange for a loan of 85 billion euros.

Submitted to a vote of MPs in three stages, the 2011 budget provides for 6 billion euros in savings (4% of GDP), including 4 billion cuts in public spending to 2 billion euros in taxes. The sacrifice budget is equal to that imposed on Greece. It aims at reducing the public deficit of 32% of GDP today to 11.6% in 2011, and 3% of GDP in 2014.

The unpopularity of the government of Brian Cowen, under strong pressure from the street and the media, makes the outcome of the vote uncertain, which does not fail to worry the bond markets.Investors fear a crash with Irish impact on the rest of the eurozone.

Aware of risk, "Taoisoach" promised early elections once the budget is voted in early 2011. The financial survival depends Ireland. For loan of 85 billion euros from the EU and IMF will be paid once the 2011 budget adopted.

A first vote on the revenue side of the Finance Bill was expected Tuesday night. A second on the expenditure side will speak Thursday. A third of the overall effort is planned for early 2011.

Experts expect the Irish Parliament, ultimately, a green light for MPs, who fear bankruptcy if the rescue was delayed.But this vote will not be easy, evidenced by the actions of party leaders on Tuesday in the Dail.

Banks accused

While the center-right government presented the sacrifices required to be "balanced", highlighting the wage cuts of Prime Minister (14 000 euros per year), ministers (10 000) and senior officials, the parliamentary opposition J. burden "unfairly distributed" and "too brutal" for the middle class.

Members deem excessive price to pay for the banks, while the state has spent 30 billion euros to recapitalize them and taken responsibility for all debts of banks. This is the rescue of the banking sector that has exploded the deficit to 32% of GDP, creating panic in the markets of the State debt.Some 35 billion euro rescue plan will go to repay creditors of Irish banks, including British banks. To lighten the burden of Ireland, the IMF supported a restructuring of part of the debt of banks on the island. One option firmly rejected by the ECB and the euro area.

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Steve Jobs, Apple CEO, had promised during his last speech, he prepares a "big surprise" by the end of the year. And if this was it? The iPhone could be sold with its own integrated SIM card (not provided by an operator) for Apple to directly manage its subscriber base and short-circuit the telcos.

The information revealed by the U.S. site GigaOm, is loud. Even if none of the actors involved in this case does officially comment.

The transformation from a manufacturer of telephones in mobile virtual network operator (MVNO) would upset the economy of the system. The opening of such a breach would mean that eventually, the incumbent operators (France Telecom, Bouygues and SFR in France) would lose control of their customer base and even control their offering.They should then be content to rent their networks to actors who, as could Apple sell them. With any transfer of profit induced. The icing on the cake, the SIM card, which is rumored to have been developed with Gemalto, could afford to switch networks to choose the best offer. That would boost the price war.

In addition, it will mean that Apple would be the only seller of its iPhone in its stores virtual or real. A prospect that has something to annoy the operators denied the windfall provided by the marketing of this smartphone. And accept such conditions for a manufacturer would also lead operators to extend the same to other cash advances pay day loan.

A new model

This is not the first time that Apple would do the forcing to change a business model. Apple Store, it has already managed to take control of application vendors.Apple is one who manages customer relationships and know their consumption patterns. What he can, in turn, manage the flow of advertising revenues and pocket. Certainly, when you buy an application, the developer receives 70% of income while the remaining 30% going to Apple, but it is the latter who has knowledge of the credit card number of the customer.

Google has attempted a similar challenge with its Nexus One sold only online. Faced with the reluctance of U.S. carriers, Google has finally yielded in order not to jeopardize the chances of Android. But the iPhone is an essential product. 14.1 million units were sold worldwide during the last quarter. What gives Apple more weight in negotiations. Gemalto could be the weak link. The sale of SIM cards is half of its turnover.Difficult in such conditions, to take risks losing half of its outlets. The inventor of the smart card has already been under pressure, what he denies.

The question remains whether consumers are willing to put all their eggs in one basket and to entrust their entire mobile consumption to one speaker, it was there Apple.

The professions have escaped, for now, a new administrative complications. Bercy thought put into the supplementary budget year-end creating a single tax scheme instead of the system of non-commercial profits (BNC) and that of industrial and commercial profits (BIC).

Today, NBC professionals have simplified accounts, based on receipts and disbursements. The BIC system works, he, with an accrual basis, more complex, requiring in particular to take stock of assets and liabilities. But the new regime would have inspired the CIO. "With the reform, our doctors, who now must go it alone, would have had to pay an accountant to do their accounting," Michel Chassang storm, President of the Confederation of French Medical Unions (CSMF).Bercy finally decided not to enter this text in the reform of fiscal year end. "But the project is not abandoned, they say the department.

The movement continues to falter at the station. Friday for the fourth day of the movement, management has recorded 15.5% of strikers (28.4% for CGT). According to the CGT, in some services, the movement has been suspended for the weekend, with the commitment to "resume the strike on Monday."

According to a press release, the traffic remains disrupted for days on Saturday and Sunday, especially in the South of France

• Nationally

– TGV Paris-Province: 2 sets of 3 on average

– TGV from province to province: 1 set of 4

– For B: on average 1 of 2

– For Intercity trains, Coral: traffic average of 1 set of 3

– Téoz: 1 set of 3 on average

– Traffic Lunéa night: not provided the nights of 16/17 and 17/18 October, with the exception of Paris-Nice on the night of 17 to 18.

• Transiliens

Ile-de-France, near a traffic Transilien two on average. The service will be normal on the RER A line.

• Internationally

– Eurostar: Normal

– Thalys: Due to a strike of SNCB Sunday from 22 pm and Monday, October 18, all Thalys trains will be deleted.The TGV-Belgium province will be limited to Lille.

– TGV / ICE (France-Germany): near-normal traffic

– TGV Lyria (France-Switzerland): 9 out of 10 trains

– Around Italy: a trip retrour Paris-Milan will be provided for the daytime traffic. No night train will circulate.

– Traffic from other international trains uninsured.

SNCF said that every ticket is valid broadly the same day in any train on the route in question and that passengers wishing to cancel their trip can do so without charge at the counter, whatever the price.

• Information

http://www.sncf.com

http:// www.infolignes.com

http:// www.abcdtrains.com

The site-by-station mouvement.com also serves to check the billboards (departures and arrivals) from the station of his choice.

• Hotlines:

0.805.90.36.35 to Outline (TGV), TER Téoz and Intercity

0.805.70.08.05 for Transilien

sncf.mobi for réerl time access to information on mobile.

• Paris Transportation

At RATP, the strike was less followed Friday (5% of staff), management believes that this has very little traffic disruption.For the weekend, the RATP has scheduled a normal traffic of subways, buses, trams and RER A. The RER B remains touched oars with three out of four.

The RER B area RATP (the Paris-Nord Robinson and Saint-Remy-les-Chevreuse south), interconnection with the SNCF railway station in the North will not be ensured, according to a statement.

• Freephone:

0.800.15.11.11.

The Irish low-cost airline Ryanair, subject to a judicial inquiry opened in April by the prosecutor of Aix-en-Provence, was indicted for "clandestine work", said judicial sources quoted by Agence France Presse. French justice he is alleged to have said in Ireland 120 employees working in Marseille.

The indictment, issued Monday, also covers the loan illegal labor, illegal use of aircrew, obstructing the operation of the works council to delegate functions of staff and the exercise the right to organize and operation of the HSC (committee on health, safety and working conditions), indicates, this source.

The pilots' union remains vigilant

The judicial inquiry was opened following an investigation by the Central fight against illegal working following a complaint attached to the Unac (Union of Seafarers of Civil Aviation), the SNPL (National Union airline pilots) and the Retirement of seafarers.

Employees residing in France have been declared on French territory, while Ryanair has made his first French base in Marseille in November 2006 with four aircraft based on the low-cost terminal MP2 airport Marseille Provence.

In a statement, the SNPL welcomed the indictment while ensuring to remain "vigilant about the consequences that will be given."

For the company, contacted by AFP, it was not immediately available for reaction.

Ryanair employs 120 workers in Marseille

On 20 May, the CEO of the company, Michael O'Leary, known for his provocations, had threatened to leave Marseille if legal proceedings were instituted before the French courts instant payday loan lenders. "If the prosecutor pursues us (…), we will close the base and too bad for jobs and passengers," he had launched at a press conference held in Marseilles.The 120 employees of Ryanair Marseille "pay their taxes, payroll and retirement in Ireland, according to European legislation," he said. "The only winner will be Air France, which has yet eliminated a competitor, while 1,000 jobs will be lost and local passenger traffic is going to collapse."

The company denies the decree of November 21, 2006 submitting the flight personnel of foreign companies operating in France to French law. Dismissed in 2007 by the State Council, it has approached the European Court of Human Rights. The day after the intervention of Mick O'Leary in May, the Marseille Provence Chamber of Commerce expressed its support for Ryanair, which, she says, "is no social dumping"."For us, Ryanair is an effective enabling us to bring more than two million tourists here in the territory Marseille-Provence", said Chairman of the CCIMP, Jacques Pfister.

Ryanair, which has 7,000 employees worldwide, is the second carrier of low-cost terminal MP2 Marseille, with nearly 1.5 million passengers in 2009, behind Air France.

(With AFP)

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Cotton prices are in turmoil. While climatic factors threaten stocks, discussions on future crops are launched. Between two discussions, one word keeps coming: Bollgard. This is the full name of Bt cotton, the genetically modified cotton, marketed by Monsanto since 1996. This includes bacteria that produce toxins against the deadly caterpillar moths and weevils capsules.

Bt specifically eliminates these insects that attack plant capsules. It thus reduces the losses on a plantation. Coupled with lower production costs due to lower pesticide use, the argument has already won nine countries: the United States, Argentina, South Africa, Australia, Mexico, Colombia, India, Brazil and China.The cultivation of Bt cotton in 2009 and accounted for nearly half of the 33 million hectares dedicated to this crop in the world.

In the U.S., for 88% of the cotton area is devoted to him. The Chinese world's top producer, he provided 70% of its acreage. In India, cotton occupies 90% of the area as in Pakistan. In Africa as the "Bt" is gaining ground. In Burkina Faso, one quarter of the 115,000 hectares sown allocated to it and the country intends to expand production to 475,000 hectares with an expected gain of 100 million dollars this year.

Perverse

During the first years of its use, Bt cotton generated much enthusiasm on the part of observers. INRA in 2001 suggested an increase in yield of up to 80% for a 70% reduction of pesticide application.United States, a study by the National Cotton, dating back to 2000, reported an economic benefit of $ 50 per acre for the cultivation of Bt cotton

Ten years later publications show more distrust. "The effectiveness of Bt cotton is no longer sufficient," says Michel Fok, a CIRAD researcher, in a study published last July. Bt has had the perverse effect of open fields to new generations of insects more resistant. Caterpillars, spiders, bugs are multiplying and the sophistication of GM seeds to deal with these threats no fax payday loan dramatically raised prices.

The seeds have become four times more expensive than conventional seeds, $ 85 per acre in 2009 against $ 20 in 2005. The market was flooded by Monsanto, does not offer many choices for farmers. 'Bt is a short term solution.Its use becomes a vicious circle of indebtedness for the farmer, "says Jeremy Tager, GM campaigner for Greenpeace.

The issue is environmental. The products used to treat these threats are accused of depleting the soil. "The change was not clearly anticipated but it now operates in China and the United States to such an extent that the need to chemically control may threaten the continued production," concluded researchers at a conference on GMOs in Australia in 2009.

New GM at the horizon

Last March, for the first time in its history, Monsanto recognized a failure to meet these larvae. Having offered to farmers to use Bollguard 2, the firm will soon market the third generation, Bollguard 3. Other companies are following suit in the image of Bayer TwinLink with cotton or Syngenta."These new GM does not guarantee higher returns. They accelerate the vicious cycle. This system supports a model of intensive agriculture instead of a subsidized farming. The situation is extremely worrying, "says Greenpeace advocates finding a" balance "in research on crop improvement.

"With all of this, the appropriateness of a return to the cultivation of conventional cotton, to a degree not explained, is mentioned. There is already a reality in 2009, there have been 400,000 acres (a total area of 8.9 million cotton acres) and an area of 1.5 million acres is predicted 2010, "concludes Michel Fok for his part, CIRAD.

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A Chinese owner of the club from Liverpool? The fund China Investiment Corporation (CIC), led by the wealthy Kenny Huang, would in any case confirmed its interest in the Reds. More than just a word, CIC has already reached the cash to afford the football club. And, by selling 9% of share capital the fund held in Morgan Stanley. Amount generated: 558 million (the équivelant 351.4 million pounds). Either the decimal point, the debt of British club, reports the Guardian.

Another businessman claiming close discussions with the club to five European Cup victories. He called and said Yahya Kirdi be supported by a group of Canadian investors and Saudi Arabia. "Our group is in advanced negotiations with Tom Hicks and George Gillett, current owners of Liverpool Football Club, to purchase 100% of the club.An agreement was reached on the major terms, including purchase price, repayment of debt (approximately 300 million euros, ie) banks RBS and Wells Fargo to finance a new stadium Stanley Park. The formal contract of sale is in its final stages of negotiation, "he announced.

Statements to be taken lightly. For the sale of the club is orchestrated by Martin Broughton, Chairman of the club, with the support of the British bank Barclays. But Yahya Kirdi does not seem to have negotiated with them directly.

But whether or Yahya Kirdi Kenny Huang, sale of Liverpool seems on track. The leaders of the Reds have more alerted the Premier League, as want new rules on sale of a club, a club takeover was imminent.

The club Liverpool is not the only shine in financial difficulty.Since the beginning of the crisis, fifteen of the twenty clubs that make up the Premier League are looking for investors. According to the audit firm Deloitte, the overall debt of the elite of British football came to 3.6 billion euros in 2009. Manchesteur United, Arsenal and Chelsea, the other three clubs in the "Big Four" are also on trial.

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The English football he will have to hang up the cleats because of his debts?

Having finished sharply higher Monday, the U.S. markets followed their European counterparts in the red. On Tuesday, the Dow Jones coward 0.36% 10,636 points at closing. The Nasdaq and the S & P retreating respectively 0.52% to 2284 points and 0.48% to 1120 points.

Markets were waiting for signs of solid U.S. recovery now but they were not reassured. The Commerce Department announced that consumer spending of U.S. households remained unchanged in June In addition, the consumption figures in May were revised downward: they no longer show a rise of 0.1%, against 0.2% previously announced. Economists had forecast an average increase of 0.1% of consumer spending in June

Household income is also unchanged in June at 0.1%, while economists had estimated the increase at 0.1%.The savings rate has reached 6.4%, up a tenth of a point, its highest level since June 2009.

Prices are down 0.1% in June and inflation falls to 1.4% a year.

Furthermore, he promises the sales on the U.S. housing market suffered an unexpected drop in June The index of the federation of Realtors NAR is thus fell to a new record low 75.7. He had fallen from 29.9% in May after the expiration of a tax credit for first-time buyers. In one year, the show promises to sell a drop in June from 18.6%.

In addition, industrial orders fell 1.2% in June, while the market was expecting a decline of 0.5% only. In May, these orders had fallen 1.8% (revised from -1.4%), posting a second consecutive month of decline.

Dow Chemical and Procter fall

On the corporate side, Dow Chemical (-10.06% to 25.48 dollars) and Procter & Gamble (-3.50% to 59.89 dollars) derive the score down. Both companies have disappointed the markets by their results published before the market opens. The first was reported earnings below expectations in the second quarter to $ 566 million, or 50 cents per share, after posting a loss of $ 486 million (47 cents per share) the previous year. Excluding items, earnings totaled 54 cents per share against 56 cents expected by analysts. The second has announced a profit drop of 12% in the fourth quarter of its fiscal year lagged below expectations at 2.185 billion dollars. The turnover is also lower than expected, growing by 5% to 18.926 billion dollars against 19.1 billion dollars expected.

In contrast, Pfizer (5.56% to 16.34 dollars) flies. The pharmaceutical giant reported earnings up 9% year on year to 2.475 billion dollars against 2.261 billion a year earlier. Earnings per share excluding exceptional items stood at 62 cents while analysts expected 52 cents on average.

RIM (-2.54% to 55.53 dollars) on Tuesday introduced its new BlackBerry. No officer of MDR was available after the presentation of the Torch, a touch screen device and slider to evoke the "discussions" going on with the authorities in countries like the UAE and Saudi Arabia worry about the barriers to safety that arise messaging services on the BlackBerry.

Morgan Stanley (-0.72% to 27.48 U.S. dollars) has decided to split the fund FrontPoint risk investments, acquired in 2006 by U.S. TV network CNBC that the transaction would be completed within three months. This split would allow Morgan Stanley to comply with new requirements of the Dodd-Frank legislation on financial regulation, which limits the bank's own brokerage and speculative positions.

Sanofi-Aventis has sent the U.S. biotech group Genzyme (-0.23% to 70.20 dollars) a letter citing his interest in American society, said Monday a source close to the deal, adding that both companies were discussing supply.

The automotive sector also changed on Tuesday after the publication of sales of major manufacturers for the month of July.Ford (-1.75% at 12.93 dollars) despite rising sales of 5% as its competitors, disappoints. Toyota is doing well (1.07% to 72.81 dollars) after avoirqui has reported a 6.8% decline in shipments in July.