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The counters are not all in the green, but the press, which has been undergoing a serious crisis two years, experiencing an upturn in sales. According to preliminary estimates by the OJD, the controlling body of publishers, the evolution of the diffusion of France paid the mainstream press has fallen only 1.6% in the first half of 2010 compared to the same period of 2009. Over the whole of last year, she had accused a withdrawal of more than 3.2%.

Better on the 967 papers reviewed by the OJD for the first six months of 2010, "340 titles are up compared to only 110 in 2009," notes Patrick Bart, the director general of the organization. "The first half of last year turned out horrible, the second being marked by the first signs of stabilization, but with results still down," he recalls.However, the first half of 2010 shows a slight recovery that I would call "substantive". The rebound is not accidental, although the path of recovery remains difficult for publishers. "

Family First Releases to enjoy this trend reversal, national newspapers have their paid circulation in France climb 2% in the first six months of the year. According to affidavits provided by publishers to OJD, the increase rises to 2.4% for titles only for information, a segment in which Le Figaro (+0.5% to 321,830 copies) confirmed its first place in the first national newspaper to The Team (+4.9%). However, the regional daily press and the press called the "seventh day", that is to say Sunday, remain in the red, with decreases of – 1.9% – 3.1%."This family had been brought in 2009 by creating new titles, particularly in the north of France, for example in La Voix du Nord," said Patrick Barter.

Decline Press TV

If the magazine knows, too, a first semester back, but it limits its fall to – 1.2%. In 2009, it had reached – 4.4%. Two families are spared the game: women (+4.6%), stimulated in part by new weekly Grazia as upscale and Be, and the press house decoration (+1.3%). The decline in television news (- 3.1%), which alone represents nearly 800 million copies annually, weighs heavily on the development of sales of all magazines, where some families like the male (- 16.1%) and economic security (- 6.2%) have a rough start to the year.

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Bids climb for 3PAR. The computer giants Dell and Hewlett-Packard are engaged in a struggle to redeem the American Society of data storage. A standoff that intensified this week.

Last rebound on Friday: HP announced in mid-afternoon that he raised his bid for 3PAR to $ 30 per share, valuing the company proposed data storage to 2 billion dollars! Rival Dell had announced earlier in the day he lined up on the previous HP offers made Thursday night: $ 27 per share, or $ 1.8 billion.

In this battle of "cloud computing (cloud computing via the Internet), and two days are alike. The day of Thursday has been marked by the same scenario.By putting on the table an offer to 1.8 billion, HP responded to Dell, which had outbid earlier in the day.

For Dell, the matter seemed closed Thursday morning. Thirty cents per share closely. Indeed, the offer was raised from Dell was barely higher than that of HP, to 24.30 cents per share against 24 cents. If the transaction would receive the green light from authorities, Dell assured however that it could be finalized before the end of the year. The computer maker also added that the operation "should have a positive impact on [his] profit excluding exceptional items from fiscal 2012.

The "cloud computing" is popular

He had not reckoned on the pugnacity of HP.The acquisition would allow 3PAR to expand its range of storage products for cloud computing and support services activities, like other industry heavyweights like IBM, they tend to generate higher profit margins than sales of computers.

The ball is now in the hands of Dell. And it did not intend to waive 3PAR Friday. "The group continues to believe that the acquisition of 3PAR, and its storage technology market leaders, is an important operation for our customers and will strengthen Dell's position on these services," he said in its statement.Dell has until Sept. 20 to launch a public offer to acquire all the shares of 3PAR, "unless the offer is extended," he says.

The battle began last Aug. 16, when Dell announced plans to acquire 3PAR price of $ 18 per share. A week later, HP came out of the woods. Last Monday, the group also proposed 1.6 billion dollars against 1.15 billion for Dell. The suspense continues, therefore. And the recovery of 3PAR flies …

On Friday, shares of Hewlett-Packard bend 1.5% to 37.6 dollars in Wall Street, about 17 hours, while Dell shares advance 1.8% to $ 12. 3PAR him, flew 21.5%.

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The rating agency Fitch announced Monday after the close of stock markets in Europe, it lowered the ratings of BNP Paribas. The first French bank by market value was previously the club closed their highly rated by Fitch, AA sharing a favorite with the British HSBC and Spain's Santander. But the rating agency, BNP Paribas can not be "comfortable" among this circle of elected officials. The bank is degraded to AA – with a stable outlook.

The share "fairly important" for investment banking activities, deteriorating asset quality in 2009 and capital ratios slightly below the others behind this disgrace. Santander and HSBC show, in turn, limited contributions from their market activities."BNP Paribas continues to demonstrate its ability to cope with the pressures that affect the financial sector, especially European banks, and diversification is good," says Fitch, however.

The Paris Bourse, which sailed around the equilibrium in the morning suddenly stalled in mid-session, disappointed by U.S. employment figures and worried by the fall of the euro.

At the finish the CAC 40 plunged 2.86% to end the session very much below the threshold of 3,500 points to 3,455.61 points exactly. On the whole week in Paris index shows a decline of 1.7% bringing its losses since the beginning of the year to more than 12%.

Reflecting investor nervousness, activity was sustained, with almost 5 billion euros traded on the great values of the Paris stock exchange. Other stock markets in unison dévissaient London lost 1.63% and 1.91% Frankfurt, Milan and Madrid 3.79% 3.80%.The Euro Stoxx 50 index dropped 3.20%.

Investors skeptical of increasing the strength of economic recovery plans for fear that strict hindering growth, obviously await any excuse to sell. They took advantage Friday of a disappointment on the job market in the United States to pass the act.

The euro under $ 1.20

In the U.S., unemployment fell in May to 9.7%, but the net new jobs (431 no teletrack payday loan.000) were significantly worse than expected. The NYSE has also reacted badly to this statistic, always closely watched by the markets. Wall Street was changing rapidly decline with the approach of the close of European stock exchanges. The Dow Jones lost 2.16% and the Nasdaq 1.80%.

In Europe, a new front in the crisis began in Hungary.The local currency, the forint, the Budapest Stock Exchange, and covers the failure of Hungarian debt (CDS, credit default swap) tumbled after the alarmist statements about the economic situation on the part of politicians, from the majority place.

Those fears pushed investors to the traditional safe havens like the dollar or Swiss franc. And for the first time since March 2006, the euro fell below $ 1.20. In Paris, financial stocks were once again the front line. Societe Generale lost 7.5%, BNP Paribas and Crédit Agricole over 5%.

A letter dated end of January, setting the broad outlines of a trade union representation in the territorial commissions after elections in the TPE.

This bill deals with "three great subjects." First, it imposes in firms with fewer than 10 employees on a consultation list at the regional level every four years from late 2012. "This consultation will be through the internet or by mail, confirm there in the entourage of Eric Woerth. And it will affect all employees of small, except those of Agriculture whose election results, chambers of agriculture will be taken into account.In other words, all employees of businesses with fewer than 10 people will vote on the union they feel able to represent them in the territorial commissions, not the names of candidates.

Deuzio, the establishment of joint regional chambers (and the designation of their representatives) is returned to negotiations branch or inter-branch no fax pay day loans. The mission of these committees? "Monitoring and enforcement of collective agreements," says Bill.

Thirdly, the government postponed by two years the date of the next industrial tribunal elections to be held no later than at the end of 2015 and not 2013."There are many elections in early 2014 and we also want to allow time to analyze the recommendations of the Richard report," justifies a collaborator Eric Woerth.

"This is not the priority"

The Richard report, to be unveiled in the coming days, should offer new ways of "designation" of judges prud'hommes. One of the tracks would be considered to remove the election to go through an appointment of counsel based on the weight of each union at national level.Delaying the election of two years and has the advantage of allowing adequate time for governments to measure the weight of each plant under the new criteria of representativeness (will not be representative as the plants that, nationally, have a hearing than 8%).

No doubt this bill will meet the four trade unions signed the letter of intent in December with UPA: CFDT, CGT, CFE-CGC and CFTC. And will be fought by the MEDEF and CGPME rating as "excellent" social dialogue in the current SOHO and do not see the usefulness of measuring the audience of trade unions in the TPE.

"This is not the priority," has consistently indicated Laurence Parisot, the president of MEDEF, for several months.

After the deep recession that marked the years 2009, 2010 should be the rebound. But "the recovery continues." In these terms as Head of the conditions of INSEE, Sandrine Duch?ne, talks about the situation of the French economy.

And these are not figures of household consumption published Thursday that will contradict that finding. Spending by French manufactured goods suffered a second consecutive decline in February, down 1.2% from the previous month. Nobody expected such poor performance.

More broadly, the economic climate could be worse than anticipated earlier this year.In the update of its forecast released Thursday, the Institute of Statistics has just downgraded the growth of the first part of 2010.

In the first quarter, GDP should grow and not more than 0.2% and 0.3% in the second quarter. To reach the forecasted growth of government, namely 1.4% – should be that activity in France rose 0.5% to 0.6% over the last two quarters. Ambitious!

The beginning of the year was marked by a recovery in the euro zone, both "tentative and mixed, according to Insee. Then it would open in Germany, Spain was left behind.In the wake of world trade, the demand addressed to France should slow down on the horizon in mid-2010.

Employment adjustment

For their part, companies are hesitant to implement new investment projects, "despite improvements in their conditions of funding" payday loans . And this, especially as production capacities are still underutilized.

Among households, nothing euphoric either. In the first half, the purchasing power will continue to slow down (+0.1% in the first quarter, 0.3% in the second), due to a slight rise in inflation and an acceleration of tax burden. Thus, while consumption has resisted during the crisis, it fell in the first half.

The aftermath of the scrapping bonus there is not nothing.End of 2009, auto sales had jumped into effect, households with their anticipated purchases to take full advantage of the generosity of the measure.

As for employment, finally, he would continue to adjust, albeit at a more modest pace. The private sector will lose 80,000 more jobs by mid-2010, after destroying 100au second half of 2009 and around 260000au first. Unemployment would reach in France and 9.8% of the workforce in June. At the end of last year, it was 9.6%.

The French Prime Minister Francois Fillon reiterated on Thursday before the Senate that the unemployment curve "should be reversed in the second half of 2010.

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"Surprising." "Moved". "Not yet" … The reactions of economists and analysts to interview with the Financial Times by Christine Lagarde is unanimous. The Minister of Economy French expressed doubts about the durability of a German model which penalizes it believes other European countries.

While Germany has deliberately chosen to stake everything on offer to boost its exports at the expense of domestic demand and of exports and other European countries, "it's still hard to criticize a countries, which introduced considerable reforms over the past ten years and whose discipline enables him to get away well, "said Marc Touati, economist at Global Equities.

France has no lesson to give Germany, and especially could receive, say analysts."It's fun for a country that lacks the courage to take the steps it must take to address a friend and partner, accusing him of being just too good student," quipped Marc Fiorentino, Euroland Finance.

"The remarks by Christine Lagarde is a form of displaced unmanageable," according to Marc Touati, that reservation, however, about the conditions of the interview and the return of his remarks.

Christine Lagarde Where does she come?

"I'm not sure that the German model based on the downward pressure on labor costs is sustainable over the long term," said Christine Lagarde, criticizing the trade surplus in Germany. She called Berlin to develop its domestic demand for the good of all Europe.

For Olivier Bizimina economist at Credit Agricole, these remarks are not really the place to be."There is a structural difference between Germany and France: the German household consumes less than the French household," says he. The Germans, when they have more money, save more and invest more. The French consume.

Moreover, the criticism of the Minister does not seem justified in the sense that "it's not as if there had been a competitive devaluation," he says bad credit payday advance . Germany as France, have in effect the same currency: the euro.

A very contrasting Europe

Christine Lagarde continues to advocate solidarity and convergence between European countries, when Germany chose to focus on its competitiveness and displays its austerity facing European countries in difficulty.In other words, Marc Fiorentino, France asked the European harmony, but that will take place in Germany drawing down "to less jealous, rather than setting goals to the height its neighbor. A vision he considers "pitiful."

The meeting on Monday afternoon, the finance ministers of the euro area in Brussels on aid to Greece, following the joint conference between Gordon Brown and Nicolas Sarkozy in London promises to be stormy. The Franco-German tensions would be increasingly felt, according to some analysts, and contrast with the cordial political relations displayed by Nicolas Sarkozy and Angela Merkel with the media.

SOS eurozone

In a crisis, while Europe is expected to weld, "such criticism" has no meaning and could "put in pole position the idea of a Europe increasingly heterogeneous," says Marc Touati .It is time the European harmony, reflection on a European "with clear rules for all countries with a federal …», continues bubget economist. Otherwise, "in 2020, the euro area has disappeared.

Marc Fiorentino, in an editorial on BFM radio this morning, has sanctioned the remarks of Minister of Economy of the verdict without appeal: "It is time that we have a cabinet reshuffle. It speaks of Christine Lagarde Foreign Affairs. This is good news, "he quipped.

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The European single currency rose Wednesday to below $ 1.40 for the first time since July 14, shortly after the announcement of the U.S. Federal Reserve (Fed) has maintained its key rate to almost zero and confirmed that it would end in March to its bank refinancing auction introduced in December 2007.

Around 7 o'clock GMT (8 hours in Paris), the euro bought 1.3945 dollars against 1.3966 Thursday about 22 hours in New York. Against the yen, the euro retreated Friday morning at 125.44 yen against 125.56 the previous day. The dollar was stable against Japan's currency to 89.96 yen against 89.92 yen late Thursday.

Investors worried about the situation in Greece, through the worst crisis of its public finances over the last thirty years, with its explosion of deficits and debt business card