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	<title>Current News Headlines &#187; news</title>
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		<title>BlackBerry seeks second wind</title>
		<link>http://chestnutchurch.org/blackberry-seeks-second-wind/</link>
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		<pubDate>Wed, 02 May 2012 06:00:11 +0000</pubDate>
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		<description><![CDATA[ 
 Research in Motion (RIM) launched Operation Last Chance. The Canadian group yesterday presented a prototype of the interface it wants to develop its next smartphone called BlackBerry 10, scheduled for the end of the year. Great break with previous phones brand, there will be more keyboard, the main element that differentiated the BlackBerry of [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Research in Motion (RIM) launched Operation Last Chance. The Canadian group yesterday presented a prototype of the interface it wants to develop its next smartphone called BlackBerry 10, scheduled for the end of the year. Great break with previous phones brand, there will be more keyboard, the main element that differentiated the BlackBerry of its major rivals. </p>
<p> RIM programmers gathered in Orlando, Florida for its annual meeting and gave them the prototype of its operating system so that they begin to develop compatible applications. A specific series of video games is also being prepared by the publisher Gameloft. </p>
<p> The group, which saw sales of its BlackBerry decline from 25% last quarter, hopes its new interface will help him return to the market to compete with the leaders, Apple &#8211; former direct rival of RIM today ahead &#8211; and Samsung phones side, and operating systems, Apple and Google holding 80% market share. </p>
<p> The new RIM will also be used by the tablet group, Playbook, whose sales have failed to take off since its launch. Models include the keyboard will continue, also, to be produced. </p>
<p> The announcement of the Canadian group has in any case, not to enthusiastic markets. The action of RIM fell 5% on Tuesday afternoon in Toronto. </p>
<p> ALSO READ: </p>
<p> &quot;The coup de blues of former stars of mobile </p>
<p> &quot;The downward spiral continues for BlackBerry </p>
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		<title>CGT: the war of succession worries team Holland</title>
		<link>http://chestnutchurch.org/cgt-the-war-of-succession-worries-team-holland/</link>
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		<pubDate>Sun, 29 Apr 2012 23:12:04 +0000</pubDate>
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		<description><![CDATA[ 
 The attack came on the weekend of Xavier Bertrand, in retaliation for the call to vote against Nicolas Sarkozy and make May 1st a meeting very political, with the support of the Left Front. &#34;The CGT had better put its own house, slammed the Minister of Labour. Bernard Thibault should take care of his [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> The attack came on the weekend of Xavier Bertrand, in retaliation for the call to vote against Nicolas Sarkozy and make May 1st a meeting very political, with the support of the Left Front. &quot;The CGT had better put its own house, slammed the Minister of Labour. Bernard Thibault should take care of his estate rather than the presidential election. &quot;</p>
<p> Never be the next head of the CGT will have caused much turmoil. War leaders, changing the rules, slingshot on every floor &#8230; The replacement in March 2013 by Bernard Thibault turns the fratricidal struggle. And seriously concerned about the entourage of Francois Hollande, including some serious contenders at Matignon that matter &#8211; if their candidate is elected Sunday &#8211; on the support of the CGT to support future reforms. &quot;He said that increasingly it will be complicated as the crisis is deep,&quot; says a close associate of Socialist candidate. &quot;It is not certain that the CGT may reassemble, confirms an expert. The war of succession will leave traces for a long time. &quot;</p>
<p> Persuaded by his family early on not to re-enlist for a fifth term, Bernard Thibault opened in December 2011 the race to succeed him by launching a wide consultation within the organization. Convinced that a woman should succeed him, he pushed the candidacy of two close, Nadine Prigent (54 years, patron of the Federation of Health) and Agnes Naton (50 years old, retired CEO of France Telecom and the body propaganda house). In vain. A third contender is out of the hat, an overwhelming majority: Eric Aubin (50 years, head of the federation of construction and &quot;Mr <a href="http://fcrwizard.com">free credit score</a><!-- . -->. Retreats&quot; of the plant). </p>
<p> A woman at all costs
<p> But Bernard Thibault does not want Eric Aubin succeeded him. &quot;His only handicap is not to be a woman,&quot; said one frame. &quot;Thibault did not like Eric to campaign while it is traditionally out that dictates who will succeed him. He does everything to block his way as to create a serious crisis in house, &quot;another abounds. As the current owner should indicate that April 17 was the fittest to succeed him, he changed the procedure he had established himself by pushing the May 25 &#8211; five days before the national confederal committee, &quot; Parliament &quot;of the CGT, not to accept one name &#8211; his preference. Until then, it will be launched Wednesday a tour of France and held nine meetings to try to impose interregional Nadine Prigent, which is unanimously against it. </p>
<p> &quot;Nobody understands why he does so,&quot; says an expert in social relations. &quot;We will not let Bernard impose a person whom does not&quot; prevent multiple frames pro-Aubin. &quot;In a structure like the CGT, one does not belong: it is not a candidate, we are led by organizations,&quot; said the favorite, backed by the largest federations and persuaded to be designated May 30 If this is the case, then it will have nine months to rally around him. A more difficult challenge ahead as the cement of antisarkozysme may disintegrate very quickly if Francois Hollande was elected Sunday
<p>.
<p> ALSO READ: </p>
<p> &quot;LE FIGARO DIGITAL &#8211; The CGT, a bulky support Francois Hollande </p>
<p> &quot;Labor Day has rarely been an apolitical day </p>
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		<title>Mad Cow: Indonesia recovery concerns</title>
		<link>http://chestnutchurch.org/mad-cow-indonesia-recovery-concerns/</link>
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		<pubDate>Thu, 26 Apr 2012 16:44:03 +0000</pubDate>
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		<description><![CDATA[ 
 Fears of mad cow resurface. But everything seemed to return gradually to normal. In the wake of reassuring messages issued by the United States, one of two South Korean brands, which had suspended sales of American meat, finally decided Thursday morning to end the embargo. 
 Moreover, no country had so far taken any [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> Fears of mad cow resurface. But everything seemed to return gradually to normal. In the wake of reassuring messages issued by the United States, one of two South Korean brands, which had suspended sales of American meat, finally decided Thursday morning to end the embargo. </p>
<p> Moreover, no country had so far taken any restrictive measure: neither Europe nor the U.S. beef importing countries like Japan, Taiwan or Mexico. This is no longer the case. Indonesia on Thursday became the first country to suspend part of purchases of U.S. beef, after a new case of mad cow disease was discovered Tuesday in the U.S.. &quot;We decided to stop importing the meat on the bones and offal from the United States, but imports of meat devoid of bones are kept,&quot; said AFP the Deputy Minister Indonesian Agriculture, Rusman Heriawan. He added: &quot;The suspension starts today and we do not know how long it will last,&quot; he said, adding that deliveries were not being affected <a href="http://sublimebusinesscards.com">high quality business cards</a><!-- . -->. </p>
<p> Less than a third of Indonesian imports
<p> The U.S. Department of Agriculture had yet assured yesterday that there was no risk to consumers. The U.S. Trade Representative has called Jakarta to lift its partial ban. </p>
<p> U.S. meat represents only a small share of imports of meat in Indonesia, unlike those from New Zealand or Australia. In 2011, the U.S. exported 18,000 tonnes of beef and various pieces to Indonesia, amounting to some $ 28.2 million, according to the American Federation of export of meat, less than a thirds of Indonesian imports. </p>
<p> But the announcement could bring back some tensions especially if one importer of beef, such as Mexico, decreed an embargo. On the livestock market in Chicago, futures are up slightly from 0.13% to 112.425 dollars. </p>
<p> ALSO READ: </p>
<p> &quot;Mad cow disease is back on U.S. corn and wheat </p>
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		<title>Tesco put big to revive the Channel</title>
		<link>http://chestnutchurch.org/tesco-put-big-to-revive-the-channel/</link>
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		<pubDate>Thu, 19 Apr 2012 00:08:04 +0000</pubDate>
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		<description><![CDATA[ 
 &#34;We know what&#39;s wrong and we know how we will fix it.&#34; Philip Clarke, Tesco&#39;s boss for a year, has compiled a table Wednesday uncompromising problems that led the UK&#39;s leading retailers&#39; bottom of the escalator. &#34; As at Carrefour, what are the activities of the brand in its home market, the UK, who [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> &quot;We know what&#39;s wrong and we know how we will fix it.&quot; Philip Clarke, Tesco&#39;s boss for a year, has compiled a table Wednesday uncompromising problems that led the UK&#39;s leading retailers&#39; bottom of the escalator. &quot; As at Carrefour, what are the activities of the brand in its home market, the UK, who sin the most. For the first time in twenty years, profits in the country decreased (- 1%), offset by an increase of 18% of profits abroad. More worryingly, sales at comparable areas (excluding new stores) fell 1.6% in the last quarter, yielding market share to competition. &quot;A year which can not be proud,&quot; the president lashes. </p>
<p> After thanking the boss of UK operations, Philip Clarke resumed them live. In shirtsleeves and red tie, like the logo of his sign, the native of Liverpool who has spent his entire career at Tesco, where he began putting teen-shelf, announced a plan to invest 1 billion pounds (1.2 billion) to revive the case. </p>
<p> Stores gray and poorly maintained, frequent breaks in radius, fresh products that are not always too high prices, inadequate staffing and unhelpful &#8230; Consumers have taken a dislike Tesco, which was regarded as, ten years ago, a model followed for all major retailers. </p>
<p>
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		<title>The obligations to which the unemployed</title>
		<link>http://chestnutchurch.org/the-obligations-to-which-the-unemployed/</link>
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		<pubDate>Sat, 11 Feb 2012 21:24:19 +0000</pubDate>
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		<description><![CDATA[ 
 In an interview with Le Figaro magazine, the head of state said he hopes to hold a referendum on the rights and duties of the job seekers. In the future reform that calls for the compensation of the unemployed &#34;is not an allowance is touched passively&#34;, but the consideration for the training that will [...]]]></description>
			<content:encoded><![CDATA[<p> 
<p> In an interview with Le Figaro magazine, the head of state said he hopes to hold a referendum on the rights and duties of the job seekers. In the future reform that calls for the compensation of the unemployed &quot;is not an allowance is touched passively&quot;, but the consideration for the training that will follow. &quot;After this training, which becomes mandatory, the unemployed will be required to accept the first offer of employment corresponding to the occupation for which he has been trained,&quot; said Nicolas Sarkozy. </p>
<p> Already, job seekers are subject to obligations of this type. Since the Act of 1 August 2008 on the Rights and Duties of job seekers, denial of training or a job offer is indeed punishable. </p>
<p> According to this text, the unemployed person establishes with his counselor that employment center called a &quot;personal project of access to employment.&quot; Specifically, are reviewed the experience of the job seeker, the type of job he seeks, his training, salary expectations, geographic preferences &#8230; All this &#8211; updated every three months &#8211; to define the contents of the famous &quot;reasonable job offer&quot;, also introduced by the 2008 Act, that the unemployed can not refuse more than twice. </p>
<p> &quot;Mini-jobs&quot;
<p> In case of double unjustified refusal, the unemployed person is removed from lists of employment center. The penalty is two months, during which it does not affect unemployment benefits. The same penalty applies if not responding to a summons from the employment center or refuses to develop his personal project. In case of refusal of an offer of training, the radiation is reduced to a period of 15 days. In principle, the more time passes since registration at employment center, less the unemployed may be demanding, at least in the geographical and salary plans. After a year, only paid less than the amount of compensation may be denied. </p>
<p> This tightening of compensation has been implemented in many European countries since the early 1990s. Germany in particular, the reform called &quot;Hartz IV&quot;, initiated by the Schröder government since 2002, reduced the duration of benefits for job seekers to a period of 12 months, and forces the unemployed to accept all types of employment, including &quot;mini-jobs&quot; low paid. According to a recent report, if this reform has clearly helped to reduce unemployment across the Rhine, it also helped to increase the share of part-time jobs and impoverishing an entire segment of the population. </p>
<p> Radiation
<p> In France, however, radiation for refusing reasonable offers of employment are rare. First, because the job seeker sets himself the criteria of this reasonable offer. It can also, if he wishes not occupy this or that particular position, voluntarily miss a job interview &#8230; &quot;It would be productive to force against job seekers to accept any offer, justify one employment center. They are not motivated, quickly find themselves the way of employment center, and businesses, for their part, would not want to use us. &quot;  </p>
<p> &quot;In fact, the 2008 law has not really changed practices, confirms Tuchszirer Carole, a researcher at the Centre for Employment Studies (EEC). When she came into force, the economic crisis has changed the order of priorities, putting at the forefront of unemployment compensation, and making it more difficult proposition of job. &quot; </p>
<p> Since the entry into force of the law, the number of administrative radiation has also not increased, however: last December, some 40,000 people have been de-listed employment center, against 50,000 in December 2007. Unemployed essentially excluded from compensation for failing presented at a meeting, rather than refusing an offer or training. As recalled by Nicolas Sarkozy in his interview with Le Figaro magazine, 75% of requests for training the unemployed are not met.  </p>
<p> ALSO READ: </p>
<p> &quot;Nicolas Sarkozy wants to consult the French referendum </p>
<p> &quot;Unemployment: disparities between French regions </p>
<p> &quot;Sarkozy is committing nearly $ 500 million for employment </p>
<p> »BLOG &#8211; Training for the unemployed: the promise of Nicolas Sarkozy crazy </p>
<p> SERVICE: </p>
<p> &quot;Find the latest jobs with Cadremploi </p>
<p> FOLLOW THE INSTRUCTIONS ON FIGARO: </p>
<p> &quot;Twitter: @ LeFigaro_Emploi </p>
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		<link>http://chestnutchurch.org/363/</link>
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		<pubDate>Mon, 14 Nov 2011 19:52:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[ The U.S. stock markets have opened slightly lower Monday. In early trade, the Dow Jones ceded 0.17% to 12,132.64 points and the Nasdaq 0.23% to 2672.49 points. On Friday, the New York Stock Exchange ended in the green, driven by the hope of breakthroughs on the front of the crisis in the eurozone. 
 [...]]]></description>
			<content:encoded><![CDATA[<p> The U.S. stock markets have opened slightly lower Monday. In early trade, the Dow Jones ceded 0.17% to 12,132.64 points and the Nasdaq 0.23% to 2672.49 points. On Friday, the New York Stock Exchange ended in the green, driven by the hope of breakthroughs on the front of the crisis in the eurozone. </p>
<p> The events in Europe during the weekend still seem to dictate the evolution of Wall Street. Since the appointment of Lucas Papademos, former European Central Bank, to head the new Greek government was followed by that of the former European Commissioner Mario Monti as the new prime minister in Italy last night.</p>
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		<title>&quot;Managing e-mails takes two hours a day&quot;</title>
		<link>http://chestnutchurch.org/managing-e-mails-takes-two-hours-a-day/</link>
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		<pubDate>Thu, 06 Oct 2011 01:04:04 +0000</pubDate>
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		<description><![CDATA[ Lefigaro.fr &#8211; messaging has it become a stress factor? 
 François Fatoux &#8211; Yes, definitely. The study we just completed, 38% of users receive over 100 emails per day. With the massive use of email, employees are saturated with information, most often to treat in an emergency. Because the immediacy of information has sometimes [...]]]></description>
			<content:encoded><![CDATA[<p> Lefigaro.fr &#8211; messaging has it become a stress factor? </p>
<p> François Fatoux &#8211; Yes, definitely. The study we just completed, 38% of users receive over 100 emails per day. With the massive use of email, employees are saturated with information, most often to treat in an emergency. Because the immediacy of information has sometimes a perverse consequence: we are given less time for reflection. Faced with the constant flow, it is not uncommon that the employee feels outdated, it has the feeling of doing wrong. A situation even more difficult to live as e isolates, by discouraging physical conversations. </p>
<p> There are, as a result of addiction to e-mails, as measured by the researchers, maintains that stress.65% of users say they check email every hour, but actually do every five minutes! And smartphones, which allow employees to access their e-mails anywhere, increasing still potentially stressful situations. Have a blackberry was once a privilege to lead. It has become the door open to requests cascade. </p>
<p> Finally, the electronic mail increases, or harm their productivity? </p>
<p> It is very difficult to make a full and final conclusion. The mails are also many beneficial effects on work organization. In reality, everything depends on how a company and its employees use it. Very different practices coexist. All managers not only send such emails in 23 hours. But it is true that this is a very time consuming activity.More than half of the users spend more than two hours daily to manage their mailbox <a href="http://fcrwizard.com">freecreditscore</a><!-- . -->. The stress is relentless. When we know that an employee is 64 seconds to regain his train of thought after receiving an email, we have a sense of loss of concentration occasioned by email. </p>
<p> Another of his perverse priorities is to disrupt. The urgency tends to take the place of hierarchy. The employees work is undeniable, but spend more time on tasks accessories. Productivity is affected. </p>
<p> How to fight against these negative effects? </p>
<p> It is important for companies to seize this issue and are considering the use it makes their mesagerie mail. Should we encourage the use of mails to professionals outside the office? Should we require employees to respond instantly? The rules must be defined.</p>
<p> As for employees, a few simple rules can help minimize these adverse effects. Set the parameters so that every email that arrives is not reported, for example. Or take the time to reflect before answering. Or consider before each shipment: would it be more effective to pick up the phone? Is it necessary to put this or that person a copy? In terms of dependence on the tool, the answer seems to me, however, not individual but collective. Is to leaders to lead by example. </p>
<p> ALSO READ: </p>
<p> &quot;When the cigarette break is deducted from the working time </p>
<p> &quot;The lunch break is reduced to a trickle </p>
<p> &quot;Nine out of 10 employees engaged in personal activities in the office </p>
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		<title>Android: Samsung will have to pay microsoft</title>
		<link>http://chestnutchurch.org/android-samsung-will-have-to-pay-microsoft/</link>
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		<pubDate>Thu, 29 Sep 2011 16:08:03 +0000</pubDate>
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		<description><![CDATA[ &#34;Android is not free.&#34; 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&#39;s Samsung&#39;s turn to bend. The Korean giant [...]]]></description>
			<content:encoded><![CDATA[<p> &quot;Android is not free.&quot; 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&#39;s Samsung&#39;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. </p>
<p> 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.</p>
<p> 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. </p>
<p> Google angry
<p> While Microsoft enjoys this new victory, Google outcry. The system designer Android is supposed to be free, denounced a &quot;tactic for many times,&quot; close to extortion. &quot;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,&quot; protested one voice. &quot;We remain focused on the development of new technologies and partner support of Android,&quot; he said.</p>
<p> 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&#39;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. </p>
<p> 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. </p>
<p> ALSO READ: </p>
<p> &quot;Android is now number one in smartphones </p>
<p> &quot;The world of smartphones saw his big bang </p>
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		<title>Toxic Loans: how to get rid</title>
		<link>http://chestnutchurch.org/toxic-loans-how-to-get-rid/</link>
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		<pubDate>Thu, 22 Sep 2011 04:20:05 +0000</pubDate>
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		<guid isPermaLink="false">http://chestnutchurch.org/toxic-loans-how-to-get-rid/</guid>
		<description><![CDATA[ Very touched by the toxic loans, these loans whose interest rates can soar, the Socialist Mayor of Saint-Etienne, Maurice Vincent, claimed that the government take responsibility. &#34;The Ministries of Economy and Interior are asking us to manage ourselves the question with the banks negotiating with them. But this can not be a solution! &#34;Storm [...]]]></description>
			<content:encoded><![CDATA[<p> Very touched by the toxic loans, these loans whose interest rates can soar, the Socialist Mayor of Saint-Etienne, Maurice Vincent, claimed that the government take responsibility. &quot;The Ministries of Economy and Interior are asking us to manage ourselves the question with the banks negotiating with them. But this can not be a solution! &quot;Storm elected. </p>
<p> St. Stephen was able to renegotiate certain loans: from toxics declined from 70% to 34% of its debt. But not all. Because in some cases, banks are asking the community to pay a cash adjustment to transform the high-risk loans in a normal loan. The principle of the balance is logical: the bank must be &quot;compensated&quot; as she would have received in interest rates high &#8211; up to 24% in Saint-Etienne with toxic loans.But its amount, which varies according to market conditions, may be prohibitive. &quot;For a loan of 20 million, Deutsche Bank in early 2010 we asked a cash payment of fifteen million. It had no advantage for us, &quot;said Maurice Vincent. Which concludes that most communities are in this case. The Court of Auditors number between 7 and 12 billion the amount of toxic debt, total debt of a community of 160 billion. The mayor of Saint-Etienne believes that the cash payment to pay to get out is now about ten billion euros, given the market conditions. Or communities can not afford to pay such a sum to get rid of loans at risk.Or more precisely, they could afford at the cost of tax increases &#8211; from 15% to 20% in Saint-Etienne after its mayor &#8211; and lower public spending. </p>
<p> &quot;That&#39;s why I want the government set up a bad bank,&quot; concludes Maurice Vincent. This structure would take over the toxic loans communities, which would then be freed of the problem. This would be the banks that finance the bulk structure défaisande. And so that would take the loss. So far the government has been opposed to this idea. And the Court of Auditors as well. </p>
<p> Communities have, however, a weapon used today: the trial. Saint-Etienne sued the Deutsche Bank and RBS (Royal Bank of Scotland), including failure to board. The first verdict next year.And in the meantime, the payment of interest is suspended. </p>
<p> ALSO READ </p>
<p> &quot;Richert&quot; 7 billion euros of toxic loans &quot; </p>
<p> &quot;Thousands of French municipalities indebted </p>
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		<title>Bernanke under pressure from the markets</title>
		<link>http://chestnutchurch.org/bernanke-under-pressure-from-the-markets/</link>
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		<pubDate>Fri, 26 Aug 2011 01:56:05 +0000</pubDate>
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		<description><![CDATA[ The speech will be delivered to a very limited audience, but it will be heard by the entire financial world. The head of the Federal Reserve, Ben Bernanke, will speak on Friday afternoon (French time) to his counterparts at the traditional central bankers in Jackson Hole Symposium, Wyoming. 
 While the U.S. economy slows [...]]]></description>
			<content:encoded><![CDATA[<p> The speech will be delivered to a very limited audience, but it will be heard by the entire financial world. The head of the Federal Reserve, Ben Bernanke, will speak on Friday afternoon (French time) to his counterparts at the traditional central bankers in Jackson Hole Symposium, Wyoming. </p>
<p> While the U.S. economy slows dangerously, investors expect a tough response from the Fed. But they may be disappointed because, faced with two problems, the central bank runs out of ammunition. </p>
<p> Misdiagnosis
<p> First, Ben Bernanke erred in economic diagnosis. He underestimated his own admission, the low growth in the first half and was counting on a rebound in demand in the second, which for now does not materialize.Problem with its main policy rate at zero since December 2008, the Fed has little room to revive again the supply of credit. Some members of the Monetary Committee refuses to go further. Among the reluctant, Richard Fisher, president of the Dallas Fed. It is estimated that on August 9 promises to continue until mid-2013 interest rates unusually low, the Fed made a mistake: the promise deters businesses and individuals to borrow quickly as they know that the rates are not nearly up. </p>
<p> So what can Ben Bernanke promised? The resumption of purchases of long-term bonds the Treasury is the preferred option by the markets. But given the high level of inflation, the method is risky.In addition, low interest rates leaves little hope that this new &quot;quantitative easing&quot; has a significant effect on credit supply. </p>
<p> Ben Bernanke should focus on technical measures. The Fed could cut the compensation of bank reserves. It would be a way to push banks to lend rather than storing their cash with her. The second measure seeks to change more or less gradually the composition of its balance sheet, which reached 2.7 trillion dollars. To maintain long-term rates as low as possible, the Fed may decide to increase the proportion of its balance sheet invested in long-term securities, while reducing the one placed in short-term securities. The decline in long rates will encourage companies and individuals to refinance their debts and support the real estate. </p>
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