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Employees searching for meaning at work? Corporate foundations may well be a response to this need. These structures serve the general interest in working relationship with associations, involve more and more widely in staff actions.

This is certainly one of the conclusions of the first barometer of corporate foundations, led by "IMS-take to the City" (*), ring exchange chaired by Claude Bebear, accompanying 230 companies to date in their "social commitment".

Eight out of ten foundations to offer and company employees to get involved. "We support only for projects likely to involve employees," said Severine Coutet, secretary general of the Fondation HSBC created in 2008 around the educational and environmental themes. "This involvement strengthens the sense of belonging to the company," she says. Ultimately 30% of the employees involved, which is huge.

The study also reveals that this patronage focuses on the causes that are related to the company's business (52% say this), with behind the idea, attractive to employees, the company and Foundation share similar values.

Review the social contract

Created two years ago, the fledgling foundation Monoprix, has directly asked his staff to define its field of action. Three were identified: the integration of young people, improving mobility and accessibility of elderly and disabled, the fight against isolation. "Things related to the mission that Monoprix is ​​to provide basic necessities and be a social city," says Catherine Ranieri, general delegate of the foundation, which speaks of "significant internal tool federation " pay day advance. It turns out that these problems are not unlike that of some of its employees, 80% are at the minimum wage

.

Upon the establishment of the foundation Monoprix, the works council has also questioned the direction of the actions put in place for its own employees … The answer was quick to come with the announced creation of a social fund for employees. Foundations and would require companies to review their own social contract

.

What about the causes supported by the foundation? The barometer reveals top education (59%), advocacy (58%), and employability (52%). Young people are the target audience (52%). And despite the crisis, companies are investing as much explains IMS: third has a budget of over 1 million euros.

Since the creation of foundation status of companies in 1990, 450 structures have emerged, the 2003 Act, concerning patronage (with 60% rate of tax deductions) having accelerated the movement.

(*) Quantitative study conducted in fall 2011 conducted among 68 foundations, supplemented by a qualitative study of 12 foundation leaders.

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Who will be the big loser of the arrival of Free Mobile? While Orange, Bouygues and Vivendi have just published their annual results and must submit his Free Thursday, the operators have their accounts.

In only six weeks, Free Mobile would have earned 1.5 million customers, according to estimates by Stéphane Richard, CEO of France Telecom. Free for now refuses to confirm.

But everyone sees what he lost. Orange said 400,000 of its customers had left for Free Mobile. Bouygues Telecom, a quarter of customers since January parties have joined Free Mobile or 134000. SFR did not elaborate, but analysts said it could provide around 300,000 customers Free Mobile.

500,000 net new subscription

It remains to evaluate clients lost by MVNOs, network operators without these, like Virgin Mobile, La Poste Mobile, Auchan Telecom, etc.. "Some of these operators have lost heavily at the start of Free Mobile. While some have reacted very quickly, it was to stop the bleeding. They have de facto acted as shock absorbers for Orange, SFR and Bouygues, "said one analyst.

MVNOs with models based on commitment and with a strong distribution network suffered the least. And NRJ Mobile, which has 90% of customer engagement in and benefits from the network of bank branches CM-CIC, has limited the damage. The operator that displays 1.1 million customers continued to win in January, before losing around 5,000 in February. "Ultimately, MVNOs may have lost between 200,000 and 300,000 customers," said one analyst.

Summing up all these figures, Free Mobile would have earned about a million customers in the market in its various competitors. The remaining 500,000 would net creation, that is to say, new subscriptions. Given its attractive price, consumers who already have a subscription and can be subscribed to the offer 2 euros (EUR 0 Free for subscribers) as a second subscription or subscription relief.

One thing is certain: the fierce competitive battle was triggered not leave room for all operators and everyone is fighting for its survival.

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Record! Go Sport last year recorded the largest net loss in its history. At 20 million, the third largest sportswear in France is worse than in 2008, when he posted 15.9 million euros loss. Since 2004, Go Sport, owned 72.9% by Rally, has accumulated losses of 73.6 million. The group experienced only a year in profits (12.9 million in 2007), with a gain of 23.1 million euros on the sale of the store premises.

Despite these cons-performance rehearsal, Rally is also a shareholder qu'endurant persevering. The company controlled by Jean-Charles Naouri, also main shareholder of Casino, has decided to guarantee a capital increase of EUR 30 million for group Go Sport, scheduled for the second quarter.

"It is a sign of confidence and support of our principal shareholder, welcomes François Neukirch, group managing director, who also holds the Courir. This will allow us to strengthen our financial structure and to give ourselves margin for maneuver? THEREFOR. "

2011 was a bad year for Go Sport, who missed both the January sales, the summer season and the winter, "because of unfavorable weather conditions," says François Neukirch. During these periods, sales of Go Sport France fell by 10%. Over the full year, those seasonal items (skis, anoraks, bathing suits?), Higher margin, plunged by more than 30% Same day payday loans.

Good start to the year 2012

"It is a paradoxical year, said François Neukirch, because we also had great commercial success. Footwear sales rose 5%, and those of non-seasonal fabrics of 3%. "Above all, the new store concepts and Go Sport Racing give satisfaction to its leaders. Part, the amount of which is kept secret, the 30 million euros raised on the stock market is also devoted to home improvement stores.

The group's leaders want to believe that the disappointments of last year are due only to the injustice of climate, and do not intend to change strategy. They stress that since January, sales of Go Sport show a double-digit growth, as if the weather was trying to redeem himself?

Asked about the prospects of return to equilibrium, François Neukirch stated that "the sooner the better." A view shared by patients shareholders. Darty, which owns 12.1% stake in the group, will announce its decision whether to participate in the capital increase on the occasion of the General Meeting of April 20.

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France will she run out of stones in 2030? The threat is real lack for material needed to build roads, homes and offices, according to the National Union of Aggregates (UNPG), who sounded the alarm in the spring.

This seems incongruous. With the crisis, sales of aggregates are indeed increased from 431,000 tons three years ago to 365,000 tonnes in 2010. "But over a long period, the annual consumption of the Hexagon is around 400 million tonnes, says Nicolas Vuillier, president of the UNPG. One kilometer of highway requires 30,000 tons of aggregates, construction of a hospital between 20,000 and 40,000 tons. But with environmental constraints, a lot of careers close.Today, there are still 2500, 5000 against fifteen years ago. "

This intensified competition among the three main French actors, groups BTP Vinci and Bouygues (through their subsidiary road, and Eurovia Colas, respectively), followed by building materials giant Lafarge. Eurovia built last year a turnover of 500 million euros, extracting 55 million tonnes of its French quarries.

The pebbles are attracting ever-increasing appetite, because this business can secure the supply of concrete for groups of building materials, and asphalt for road specialists. In addition, their operation is a high margin business. On average, operating income up 20% of their turnover. "Careers require a lot of investment grade Guy Vacher, Chief Operating Officer of Eurovia.

On May 15 the "outraged" Spaniards camped in the square of Puerta del Sol in Madrid. Borrowing their name to the pamphlet by Stephen Hessel, they said they were inspired by the Arab Spring to shout their rebellion against the explosion of unemployment and austerity policies implemented by the government … Since then, the challenge has been extended in the rest of Europe but also overseas. Five months after the birth of the movement in Spain, in 82 countries is that these "outraged" will show this Saturday, October 15. Zurich to New York, to Rome, Tijuana, Hong Kong and Johannesburg, calls have been launched in 951 cities worldwide.

Their message to politicians and financial elites, as can be read on the site 15october, is: "The powers that be working for the benefit of some ignoring both the will of the majority that the price human and environmental we pay. This intolerable situation has to stop. "On the site of the movement Occupy Wall Street, the tone is the same:" The thing we all have in common is that we are the 99% who will not tolerate any longer the greed and the corruption of the remaining 1%. "In Italy, the program is summarized as follows: "Occupation of public places by millions of people who do not want to pay the enormous economic and social crisis in the place of those who have caused: political power industrial, economic and financial" .

No central authority

This day of action is to cross an important milestone in the movement, which now acquires an international dimension. "It was needed to make weight against the power of financial markets that operate on a global scale," says Sophie Banasiak, "indignant" Paris.

However, there is no central body to coordinate the different actions. "If the collective Democracia Real Ya played a leading role in the initial mobilization in Spain, he does not prevail, either in the capital of the country or world, Heloise said Nez, a sociologist at the University Paris 13.Many groups are working together, but none have hegemony over the movement horizontal and egalitarian aims. There is no visible head and outraged caregivers to regularly change the voice online pay day loans. "

"If someone asks you 'who is behind it', they reply: 'I'" retorted on those who seek the organizers. The spread of a city or country to another must be spontaneous, for emulation. A process greatly facilitated by social networks, where multiple keywords are emerging, such as "yeswecamp", "# yosoy15O", "# event15oct" or "# Globalrevolution" … "I do not even know exactly who launched the idea of ​​the October 15, recognizes Spyros, OccupyLSX supporter of the movement in London.We have seen that call for Saturday and it was inspired by the movement Occupy wall street to do the same thing here. "

Specific demands of each country

If dissatisfied with the world found common denominators, claims and complaints are divided again according to national issues. In Spain, Real Democracia Ya accent has been on the reform of the electoral law to end the two-party system as well as stopping the evictions of indebted owners. In Anglo-Saxon countries, it is mainly finance, pointed as responsible for the crisis, which is targeted. Witness the names of the movements that develop, "Occupy Wall Street" and "Occupy London Stock Exchange (OccupyLSX)." In Israel, the mobilization is the expensive housing while in Italy, the outraged refuse to pay "a debt they have incurred."But all these central issues do not prevent each protester to express other concerns. In Spain some point impunity surrounding crimes of Francoism and the United States is denounced police brutality or the death penalty …

Above all, each city retains its autonomy: information flows globally, but "decisions, they, are taken at meetings in every city, Banasiak said Sophie. Each city chooses its own way of decision. In Paris and Madrid for example, is the consensus. The international dimension does not change the fact that the essence of the movement is local: it is in the physical encounter and dialogue in the streets. "

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To tout its cars to French consumers, Renault has found nothing better than to tell them all the good we think of the Rhine: "The Germans had never worn if the colors of the Renault group," proclaims a full-page advertisement inserted recently in several major newspapers. And a huge flag Germanic, where the yolk was replaced by the orange Renault, is quoted the testimony of three magazines giving high marks to the products of the firm to diamond.

In a completely different note, our brother Le Monde has published a major survey of its specialist art entitled "The German art is greater" (sic).Dealing with three exhibitions held this fall in Paris (Baselitz, Lüpertz and Richter), journalist and university Philippe Dagen highlights the quality of their training, the dynamism of their collectors and regionalization of their art centers, ensuring competition . After having watered three centuries of sublime music, will they outdo us again?

The admiration of Germany has become the national sport on the left bank of the Rhine. "It will take time to go to a joint work, we must move towards a common retirement age, it will move towards convergence of economic and social organization of our two countries," recommended last month François Fillon, in a speech at Matignon.The Prime Minister handed "the price of creative audacity!" The finger of suspicion towards the merger, given the respective performances, 150 billion trade surplus with them, 75 billion deficit at home, 6.9% unemployment there, by 9.2%. And then this terrible figure, which summarizes and explains its own precedents: from Munich to Hamburg, we continue to manufacture 5.3 million cars, with no change in recent years, while French car production fell by 3.2 2 million in five years.

Our guide would rather "fear of the police"

For their part, manufacturers are Germanic full of praise that they braid.Witness the latest ad Opel France on the radio on the bottom of a thundering speech in the language of Goethe, this comment means voice-over: "No need to understand German to know that Opel is German quality. "

Narcissism which the Germans, like all people, are tempted to succumb long history. Just remember the famous phrase of Richard Wagner: "To be German means to do something for herself." Taste for work well done. The composer of Bayreuth, revered by the French intellectual circles of the second half of the nineteenth century despite the defeat of 1870, speaking at a time when industrialization took off in all Europe bad credit personal loan lenders. Wagner wanted to stigmatize the mercantile spirit and the Anglo-Saxon capitalism. The industrial Germanic still close artisans described in his opera The Maîtrbaes Singers, the contrary does not care that the quality of its products.National competition of capitalism was raging. So much so that London had mandated in 1887 to register the trademark "Made in Germany" on products from Berlin. It was a way to deter British consumers to buy them. In vain, because they had quickly perceived the letters as a synonym for excellence.

Reforms "imposed" in Brussels

Our current debates on the tropism of both industrial and financial capital of others have nothing new. It is tempting to attribute the course to specific national cultural roots. The philosopher and sociologist Theodor Adorno, hardly suspected of complacency vis-à-vis the countries that had pushed him into exile, invoked "the great German ideas that celebrate independence with excitement, the purity of the things that the we only for themselves. "

The French seem all the more admirable that such principles are totally foreign. Our guide would rather "fear of the police" that the search for autonomy. Our drivers are less concerned about road safety control radars. Our governments are concerned with reducing budget deficits to meet the rating agencies and the "Maastricht criteria". The reforms we are "imposed" in Brussels, says it for ages. The euro was sold to the public as a "shield" and not as an instrument of independence, etc..

Renault advertisers are part of a powerful ideological trend in France when they refer to the standards of the Rhine. That Germany is a reference-ministerial in Paris, it is called "benchmark" – is obvious, considering its size and its results.That we should draw on the successes of others is also clear. But can we trace our tax on Germany not adjust the level of public spending (over 10% of GDP at home)? Lack of guiding principles, we simply stack the remedies indiscriminately. "Against unemployment, we tried everything!" Claimed pathos with François Mitterrand. One wonders if Wagner had not just right when he treated the French as "monkey people" (1864).

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"Android is not free." Steve Ballmer, Microsoft CEO, had reiterated in an interview with CNN. The computer giant, who believes that this platform violates several of its patents, asking all manufacturers of devices using it to pay him royalties. After the Taiwan-based Acer and HTC, so it's Samsung's turn to bend. The Korean giant has signed an agreement to this effect Wednesday requiring him to pay royalties to Microsoft on sales of each of its smartphones governed by the system Android.

The terms of this agreement shall remain confidential. Note that Samsung should pay, however, could be as salty as that of HTC, which would pay about $ 5 a smartphone. The success of the Samsung Galaxy SII should fully make the computer giant.

In addition to this financial agreement, Samsung is committed to supporting the development and marketing of Windows Home Phone System. The Korean giant has also announced the launch of the Omnia W under the new version of the operating system.

Google angry

While Microsoft enjoys this new victory, Google outcry. The system designer Android is supposed to be free, denounced a "tactic for many times," close to extortion. "Failing to succeed in the market for smartphones, Microsoft relies on legal measures to extract profits from the success of others and may impede the pace of innovation," protested one voice. "We remain focused on the development of new technologies and partner support of Android," he said.

Terminal manufacturers using this operating system are in a very uncomfortable situation. First, Android is very expensive. On the other hand, the surprise takeover of Motorola's mobile division by Google places them under direct threat of seeing the search engine to give priority access to innovations in its new line of mobile phones.

The parade is perhaps the signing of new partnerships. Samsung is well to conclude an agreement with Intel to develop another operating system called Tizen.

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Delivery today in Seattle, industrial seat Boeing 787 Dreamliner's first B to All Nippon Airways (ANA), the company's launch long-haul next-generation American, is good news for the French aerospace industry. The latter was, for the first time, closely associated with the development of Boeing and has also lived in the pace of industrial failures and flexible program that accuses more than three years behind its original commitments.

Before the Dreamliner, Boeing's cooperation with subcontractors, but former French was limited. "Boeing has opted for the CFM-56 engine, co-developed by GE and Safran, to equip its B 737 and he turned to Dassault Systèmes to draw the B 777," says Yves Galland, president and CEO of Boeing France."The implantation depth of French aviation has made possible and with as Boeing 787 B is increased from 2 to 14 partners meeting in the French Team Boeing. We now work with hundreds of French companies, "says the CEO.

When Boeing launched the program in 2004, he decided to review its parallel in industrial organization by giving up 80% of the unit to major partners. It launches international tenders and the French make a lot. Some drop their first contract with Boeing. This is the case Latécoère that provides long-haul passenger doors of (8 air).

"For the first time a French industrialist involved in the structure of an American plane," said Yves Galland. Once a foot in the door, Latécoère won a second contract to supply the cargo doors of the B 777.For his part, Messier-Bugatti a world first on an airliner: the design of the electric brakes B 787. "After winning the contract, Messier Bugatti was referenced on the B 737 to replace the brakes," said Yves Galland no fax cash advance. For its part, Labinal was selected for the wiring of the unit, or a hundred kilometers to install per machine. A particularly crucial position on the B 787 presented "as the more electric aircraft ever designed."Just as the power conversion system entrusted Thales was also selected for in-flight entertainment and integrated flight displays.

23,000 jobs created in France

A total of ten French companies, among which there are also Zodiac, which will provide 100% of the seats of 55 B 787 ordered by ANA and management systems and waste water and slides, Dassault Systems (Catia) Messier Dowty Michelin and boarded the program which counts 821 orders from 56 airlines.According to several experts, the B 787 alone should generate between 600 and 800 million dollars in sales per year for the French industrial partners.

In total, Boeing 787 and B have shown "significantly more" than $ 4 billion purchase of components and assemblies to the French aerospace industry, 80% are made in France. Of this total, $ 2.8 billion came from direct purchases. The U.S. giant has generated 23,000 jobs in France and half direct. "Boeing buys in France ten times more value than it sells," said Yves Galland noting that Boeing will be exported to France three aircraft this year.

The rise of French subcontractors will not stop there. The "Boeing French team" is growing to meet from 17 to 18 members by 2012.

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The lull will not last long. A week just after the EU summit that was to stop the crisis by helping Greece, markets fall back into distrust. The plan of 109 billion euros, which would act as a sedative, is no longer effective. "While Greece is doing a little better than before the summit. But Wednesday the gap between interest rates Greek and German, the reference, has widened. Another day or two like this and the country will end up worse off than before, "notes Paul Donovan, economist at UBS.

Feared the contagion to other fragile states (Spain, Italy) was not stopped. Their rates have continued to climb and investors are questioning the limits of the plan presented last Thursday.

Inaccuracies

For the first time, investors will be strongly encouraged to participate in the rescue effort in Greece.Problem: lack of market information needed to assess how the financial industry will lose this game. "Financial institutions are supposed to have the three options, but these are not detailed in the European statement last Thursday", wonders Justin Knight, in charge rates for the euro area at UBS. The banking lobby, the Institute of International Finance, which participated in the negotiations, estimated probable losses for the sector to about 20% of total investments in the Greek debt.

Slow and laborious operation

EU leaders decided to put more tools available to the European Financial Stability Fund (EFSF), the mechanism to assist states in need. The latter, which could only provide the states, will now buy the debt of these countries if attacked by the markets.Such action requires great responsiveness. However, the EFSF will have to wait to obtain the unanimous agreement of Member States before acting. "It is as if a city council should meet every time before sending firefighters extinguish a fire," concerned the analysis of ING, who would have liked a more flexible operation.

Not enough resources

The EFSF could also not have the means to exercise its new powers. Laurence Boone, euro zone economist at Bank of America Merrill Lynch, said it would take 290 billion euros to defend Italy and Spain if they were attacked by the markets Payday Loan for Bad Credit. However, it has only 220 billion euros available. "The lack of risk to amputate the Fund's effectiveness," the economist concluded. A member of the European Central Bank (ECB) said it would increase the envelope of EFSF to 1000 billion euros.Economists European Centre for the Study of CEPS for their part feel the need to 4000 billion euros.

Not generous enough for Greece

European leaders have relaxed the conditions under which they provide loans to Greece, Portugal and Ireland. The repayment period was extended and the interest rate was lowered to 3.5%. Insufficient, according to analysts at Nomura: "The average interest rate on the Greek debt should be below 3% to enable it to achieve its goals of reducing its debt to 2031, ie to fall below 90% of gross domestic product (GDP). "The rating agency Standard & Poor's therefore believes that a new Greek debt restructuring will be needed in two years.

Not enough integration

The German finance minister, Wolfgang Schäuble, has himself acknowledged Wednesday: the summit does not mark the end of the European crisis of debt. "A deeper economic union, including debt issues debt securities in Europe, is needed before we can declare overcome the crisis of debt in the euro area," said Michala Marcussen, chief economist at Societe Generale CIB.

In the end, "a supranational institution with real power to limit public deficits is essential," ING slice. It is the dream of Jean-Claude Trichet, president of the European Central Bank on the move: a European finance minister who would enforce fiscal discipline, over the states.Until such a reform, economists predict further mounted fever, until the appropriate remedy is provided.

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