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The European Union (EU) comes to the rescue of its farmers. The Agriculture Ministers of the EU meeting in Luxembourg this afternoon, should decide to unfreeze 150 million euros in aid proposed by Brussels on Tuesday morning. This is to cope with the losses suffered by the fruit and vegetables after the psychosis to EHEC bacteria has killed 23 people in Europe.

"We will propose a $ 150 million" financial aid to cover losses of farmers, whose products are shunned by consumers, concerned as salads, tomatoes, cucumbers and others may be carrying the potentially deadly bacterium , told the press the Agriculture Commissioner, Ciolos. The exact amount of aid will however be adjusted estimates by country."We will take the period from late May, marking the beginning of the crisis at the end of June" to calculate the amount of compensation, "said the European official.

Already, the 150 million mentioned seem insufficient, as the amount of losses made by European farmers. The only Spaniards consider that the bill because of the boycott of their products by European consumers has cost them 200 million euros. In France, the bill, according to professionals, is approaching 5 million.

Berlin slammed

Germany on the other hand was roundly criticized for his handling of the crisis by European Commissioner for Health in the European Parliament meeting in Strasbourg on Tuesday. She had made allegations, soon withdrawn, cons of cucumber Spanish after the demonstration of the first cases of contamination."It is critical that national authorities are not lining up to give alerts unproven, because it creates problems and psychosis," warned John Dalli. "It is important to trigger alerts when certain scientific data," he said.

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Are eagerly bank customers waiting for private management is unveiled details of the proposed tax reform heritage. "They questioned us in pressing for months," says one private banker. Since last week and the presentation of the draft supplementary budget for 2011 in the Council of Ministers, the rules are clear. The schedule also: This year, the declaration and payment of ISF will not take place June 15 as usual, but on September 30. Starting this year, 300,000 taxpayers, those whose heritage is less than 1.3 million euros, will escape the tax.

For others, those with assets less than 3 million euros this year will be the last to engage in the tedious exercise of the declaration of ISF. From 2012, they will transfer the amount of their assets directly on their tax returns.For those whose heritage reaches or exceeds 3 million, the statement remains EWB.

Life insurance is not affected

Engineering heritage, a time in abeyance, will be able to resume its course. Implement a heritage strategy in recent months faced many questions, the exercise becomes easier, the horizon being clarified.

Sales of products défiscalistation (FCIC or FIP to reduce the TFR) should also leave. "Everything was frozen, pending sales were" recognize the asset managers. Same thing for donations to foundations that permit, they also reduce tax liabilities. There remain four and a half months to work and SMEs to raise capital from those who want to reduce the TFR to pay late September.But both the others must expect an ebb this year, since the number of persons subject to the TFR will fall by more than half.

Contrary to what had been feared, the overhaul of the taxation of wealth has not dented the investment fetish of the French life insurance. Its taxation is not cured. "Life insurance has even become an added attraction in terms of succession to the heavier side of the gift and estate," notes the Grandière Bertrand, head of engineering heritage in La Compagnie Financiere Edmond de Rothschild. Indeed, the most important heritages will see fees increase from 35 to 40% for taxable gifts and estates of between 902,838 euros and 1,805,677 euros per share (in excess of this amount, the rate increased from 40 45%).For these taxpayers, the life has more meaning than before.

Fears over the taxation of real estate gains are also lifted. Nothing changes except for non-resident owners of second homes in France. They will now pay a 20% tax on the rental value of housing register. "One way to help finance the national public services," says one at Bercy. For owners subject to the ISF for their principal residence, the reform can erase the boom in property prices.

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Second consecutive year of decline for the Nintendo group. The Japanese video game specialist has published annual results on Monday in freefall. Its net profit fell 66.1% to 77.6 billion yen (648 million). Its operating profit tumbled 52% to 171.1 billion yen (1.43 billion euros) in respect of the 2010-2011 year ending 31 March. Figures well below market expectations.

These poor results are explained by the slowdown in sales of the Wii home console blockbuster, but aging of Nintendo. The group has sold just over 15 million in 2010-2011, against 20.1 million the previous year. In addition, the launch of the new handheld 3DS relief was too late to be able to save the year of manufacturer.

The console manufacturer table for 2012 on the results up, but below analysts' forecasts.Nintendo says count on an operating profit of 175 billion yen for the year 2011-2012, against a consensus of 215.8 billion yen. "The market reaction should be bad," said Yusuke Tsunoda, a financial analyst at Tokai Tokyo Securities, quoted by Bloomberg. "Sales of Wii expected to drop as the group probably provides lower prices on the console."

"New Play"

The Japanese video game giant has tried to reassure. He announced the presentation of the successor to the Wii on June 7 at the electronics show in Los Angeles, E3. The group declined to give details, except that it will offer "a new way of playing at home," said CEO Satoru Iwata.

However, information already leaked to the press.Much more powerful than the Wii, it would be equipped with high definition, like its competitors Playstation 3 and Xbox 360. The Japanese group have also developed a new kind of controller, which is akin to a touch pad. One way to compete with smartphones that break into mobile video games. Nintendo's portable console, the DS has seen its sales plummet by 10 million units this year to 17.5 million.

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Closer, Public, and are not following the party. Down 4% last year, the float people are still on the downside since January. This segment of press, however, represented more than 130 million copies in 2010, by volume, the third family after the titles of magazines and television for women. But, week after week, newsstand sales continue to nosedive, some publishers even going to talk privately with a series of "double-digit stalls.

"The first celebrity magazines suffer from competition from women who came to walk on their turf," says Veronica Priou specialist press in ZenithOptimedia (Publicis). The arrival of the weekly Grazia (Mondadori) or the positioning of "female celebrity premium" Gala (Prisma) or Viewpoint (Roularta) have reworked the maps.To this is added a plethora newsstand, which is likely to recede with the breath of reality TV, but especially the rise of Web hitherto under-invested by the publishers.

For the web, the leaders of the clipboard are far behind with a "pure player" purepeople.com. This site has attracted over three million unique visitors in January, nearly a million more than the following site (2 guaranteed cash advance.1 million) and more than double that of Gala (1,3 million). Closer, Mondadori group and industry leader in paper distribution, has received less than 500,000. As for public.fr (Lagardère Active), it has taken its autonomy in February, after being hosted by the First Portal.

Dispersion of the hearing

While advertising companies minimize the dispersion of the hearing, the phenomenon is worrisome in the wings.Through its websites Disney Co, and Puretrend Pureshopping, which combine 4.5 million unique visitors per month, the publisher Webedia, launched three years ago, shakes boards. The advertising model is simple: the beautiful people as a pretext to talk about shopping and beauty. "Our positioning antitrash allows us to attract advertisers like L'Oreal and Dior," says Cedric Sire, founder of Webedia. This is precisely the profile of advertisers competing publishers, including through special operations that integrate more and more often a mobile flap. "Once we have deployed our entire supply bimédia, we pass by Disney Co, promises Philippe Labi, editor of Voici and Gala at Prisma Presse.

The final agreement on supplementary pensions Arrco (all private sector employees) and Agirc (frames) had been signed by all unions, CGT except in 2009. Certainty, after the last negotiation, yesterday, lasted a dozen hours: the new rules proposed by the employers do not collect the same consensus. The conditions under which they come into force (at least one signature of association and not more than three opponents) are nevertheless likely to be met. In extremis.

CFDT – even if it has refrained from announcing a decision before submitting the text in its internal bodies – proves rather part but would prefer to avoid signing one. She appreciates such as FP, the draft agreement ensures the continuation of the supplemental until late 2018 – the renewals do not exceed two years of habit.In addition, new integrated text yesterday to wipe out a ten billion in savings over twenty years, he proposed a week ago! The deficit-Agirc Arrco accumulated from 2011 to 2030, should reach 117 billion euros without pension reform. With the decline of legal age to 62 years and the full rate at age 67, the "hole" is reduced to 43.6 billion. The application for the proposed project would result yesterday substantially the same result.

Consequently, the reserves will be consumed by 2030. Hence the requirement of most unions to raise contributions. "It was our only prerequisite," said the CFTC, while acknowledging having obtained satisfaction on the part supplements for children. The employers did not want to hear about it, he stood, agreeing just in the final stretch to consider "potential resources" extra … 2015, when accounts very degraded."Laurence Parisot spends his time asking the government not to raise premiums, it can not sign herself up, decrypts a union negotiator. The chamber knows that, once the accounts will not be balanced unless the legal age is raised again in 2018, after the current reform. It is his bet. " A framework was actually the employers' organization that reasoning to hint, a few days ago …

The CFE-CGC unions among the most virulent. The union accuses the executives of employers … CFDT and their "egalitarianism obessionnel" about the alignment of returns between managers and non-managers (see below). CFDT contends that it is not "defend a union or institution" (understood the CFE-CGC and Agirc) "but the employees."She chose to stop for four years, erosion yields.

Unsurprisingly, the CGT will not sign "probably not". "Unfunded commitments, these are promises that will not be required," warned the union, whose leader does not play to his right to object.

The verdict likely Unions

CFDT will sign

FOR: Signature or forbearance

CFTC: Forbearance

CFE-CGC: opposition or abstention

CGT: opposition or abstention

Angela Merkel changes course. Reluctant for months about the idea of "muscle" financial rescue fund for the euro, it is now endorsed. But it sets the conditions by imposing Germany as a model for future European discipline and embracing the method – dear to Nicolas Sarkozy – an "economic government" to own the euro area.

The price of rallying German competitiveness is a pact designed and detailed in Berlin on behalf of European integration. It grows stronger and far beyond the code of conduct economic, fiscal and social Europeans update every bout of weakness of the euro.Implicitly, the Chancellor and his finance minister, Wolfgang Schäuble, stressed what passes for evidence in Germany: if Germany pays for others, it is entitled to set the rules of the game

Wages, pensions, deficits

The new pact, finalized Wednesday by the German coalition government, promises to be the decisive contribution to political debate, far more technical, the strengthening of the European financial stability. To counter the next market turbulence, Berlin agreed to increase the capacity for effective intervention to 440 billion euros, against 250 billion today. But it would be at the cost of a course of orthodoxy Pan: indexation of wages, raising the retirement age, leveling of taxation and the establishment of constitutional limits on deficits of the German model.The whole may be accompanied by penalties.

Berlin can claim to have weathered the crisis better than others instant payday loan lenders. She also cleaning the support of Paris for the first time Angela Merkel gives up his plan to enroll within the EU to twenty-seven. Left to cringe at Brussels, Germany opted for the euro area, even the few major countries that are prepared to follow. This is precisely the approach that the French president had in mind when it launched in 2009, the idea of an "economic government" of the euro, considered more effective than injunctions Brussels.

Angela Merkel and Nicolas Sarkozy will defend the new assembly line Friday at an EU summit in Brussels. The German pact is subject to ongoing discussions, confirm what we in Paris. It will be discussed between Angela Merkel and Jose Luis Zapatero on Thursday in Madrid.The long awaited return of "directorate" Franco-German, could be expanded to other large euro as Spain or Italy, cast already concern in the ranks. Belgium, champion of the indexation of wages, fear of having to waive such as Luxembourg, Portugal and Malta. Ireland and Slovakia are concerned about having to raise taxes on corporations, their weapon of seduction in the eyes of multinationals.

The puzzlement is especially palpable in the Barroso team, always convinced that it must prevail in the recovery of the EU and the euro in the period. "Wanting to act outside of established European institutions is clearly a step backwards," said a senior Commission official.

Tunisia empties she's tourists? The reactions of tour operators about the recent events diverge. But Thomas Cook began the forced repatriation of its 2,000 customers in Germany and its 450 Belgian tourists. In Belgium, Jetair decided to do the same. "Because of incidents in Tunisia and the tightening of travel advisories by the German Ministry of Foreign Affairs, Thomas Cook AG has decided to repatriate to Germany our customers," said the German subsidiary of the tour payday loans no teletrack. All his departure from Germany and Belgium respectively, were canceled until 17 and 21 January.

French side, no return is expected, both at Thomas Cook France than its competitors. "Our tourists are in resort areas (…) we have had no request for return," assured the president of Ceto Rene-Marc Chikli (see video).

The player has to use default in the articles of figaro.fr

The U.S. stock market should open slightly lower on Wednesday. Futures on Standard & Poor's 500 index retreating into effect from 0.73% to 1256.10 points and those on the Nasdaq 100 2231.25 0.63% in points. Tuesday, the U.S. indices finished piecemeal. After reaching the highest since the summer of 2008, the Dow Jones rose 0.2% to 11,691 points, but the S & P 500 fell 0.1% to 1270 points and the Nasdaq lost 0 , 4% to 2681 points.

On the foreign exchange market, the euro continued to fall Wednesday against the dollar raised by renewed optimism on the resumption of the U.S. economy, while continuing concerns about sovereign debt in the eurozone continued to weigh on the single currency.About 11:00 am in Paris, the euro stood at 1.3256 dollars against 1.3303 dollars late Tuesday.

New round of macroeconomic indicators

On the macroeconomic front, investors will be watching especially this Wednesday, the ISM index on the services sector. This figure is actually much more representative of the U.S. economy as the ISM manufacturing index released Monday. Investors also await the start of the afternoon counts of the ADP survey on employment in the United States. Statistics scrutinized by investors because they often foreshadow those of the monthly report on employment expected Friday, a major indicator to assess the strength of U.S. recovery.

For its part the U.S. central bank (FED) said yesterday in reporting its last meeting that the European crisis is one of threats to the recovery in the United States.U.S. growth should, however, experience a burst in the short term.

Also on the macroeconomic front, according to Retail Metrics, retail sales in the U.S., rose 3.4% in December over a year. This is their strongest growth since 2006 and the best month of the year for U.S. distribution. The snow storms that have occasionally affected sales, purchases by households after Christmas, were very dynamic.

Another good new real estate office would have experienced a slight improvement last year. For the first time in 3 years, rental prices have increased slightly in the fourth quarter 2010 vacancy rate remains high (17.6%, the highest since 1993) and the prices are low (they were $ 25 average in mid-2008).But the stabilization or even slight recovery, employment benefits to this area.

Facebook and Goldman Sachs in the crosshairs of the SEC

The side of values, Constable U.S. stock, the SEC has decided to focus on investment bank Goldman Sachs in Facebook, to ensure it does not circumvent the rules governing non-listed companies, says Wall Street Journal. Under the current rules, dating from the '60s, when a private company reaches a threshold of 500 shareholders, it becomes compelled to disclose certain financial information. Many commentators saw in the investment of 500 million made by Goldman Sachs with the Russian group mail.ru a way for the community site to gain access to customers of the prestigious U.S. bank, while remaining below this threshold, and freeing itself from any limitations of transparency.Depending on the outcome of its investigation, the SEC could recast the regulations in force, according to the Wall Street Journal. For the regulator, the newspaper said, the challenge is to find a compromise between protecting investors and unlisted companies will have access to sources of capital.

Also note, the year 2010 has been very positive for automakers and marks the return of the Big Three U.S. automakers General Motors (GM), Ford and Chrysler, according to figures released yesterday after the close of Wall Street. A total of 11.6 million vehicles were sold in the U.S. last year, up 11% year on year, according to provisional figures from Autodata. Manufacturers should respond to these figures.

Always on the side of values, also after market, the manufacturer of fertilizers Mosaic, released its results for the second fiscal quarter.The group's profits climbed to over $ 1 billion, well beyond analysts' expectations. Turnover was up 59% to $ 2.7 billion is also above expectations. Gross margin was 29% against 18% last year. A note in the margins phosphates rose 24% with an average price of $ 461 per tonne against $ 287 last year. Production capacities are rapidly recovering (88% on American soil).Sales prospects are positive according to the company.

In addition, the American designer of components for mobile phones Qualcomm on Wednesday announced the acquisition of its partner Atheros Communications, a specialist in wireless and Bluetooth connectivity, based on an enterprise value of $ 3.1 billion dollars.

Annual gathering of consumer electronics in Las Vegas

The world of consumer electronics is preparing the opening Thursday of its big annual event in Las Vegas. This market is in full recovery is expected to reach almost one trillion dollars this year. Moreover, the Chinese computer manufacturer Lenovo introduced on Tuesday in Las Vegas a new hybrid version of its IdeaPad computer, a laptop running on Microsoft Windows 7, the screen can become detachable tablet Android (Google ).In the same sector, the U.S. Court of Appeals reinstated a verdict quashed in September who thought the software giant Microsoft guilty of patent infringement against rival Uniloc, but has not confirmed a significant financial penalty $ 388 million.

In Europe a heavy presumption weighs manipulation on Google. This is evident first of questionnaires sent to European players of the Web by the European Commission as part of its antitrust investigation on U.S. Internet group.

The new fall ill in this period of Christmas shopping. According to information from La Provence, confirmed by the national pension insurance (CNAV), 700,000 pensioners region PACA, Languedoc-Roussillon, Burgundy and the north-east of France have still not received their pension retirement. Their common point: they are all customers of the Postal Bank.

The latter, which manages 2.2 million accounts of retirees, have struggled to manage the transfer of new formats used by CNAV to pay the 11.5 million retired French. "This is a secure and standardized format established across Europe. It is already used for the payment of salaries of civil servants and the payment of pensions for 1.2 million pensioners based abroad.We use them now for all our retirees, "said Pascale Robakowski, accountant of CNAV.

"No consequences for pensioners'

According CNAV, volumetric tests were made with banks to ensure smooth operation of the transmission of files free instant credit score. "It worked for all banks but the Postal Bank, the files are moved more slowly. The slowdown has prevented them to treat all files before Friday night, "she adds.

La Banque Postale provides that transfers will be made to the accounts of pensioners concerned "Monday evening at the latest." Meanwhile, the CNAV reassures: "retirees will not be penalized in this case. There will be no bank charges levied irrespective of the payment methods used this weekend. Moreover, if the retiree wishes to withdraw cash from his bank, he can, "said Pascale Robakowski.

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The Irish crisis continues to undermine markets. The Irish government is on the verge of explosion. Failing to agree to resign, the Irish prime minister announced that Parliament will be dissolved in January. Political tensions that add to pressures on marchés.L aid announced Sunday a plan to support the country by the EU and the IMF has not reassured long: European stock markets were closed in fall Monday evening after playing in the green early in the session. In Paris the CAC 40 dropped 1.07% Monday, closing of 3800 points yet.

On Tuesday, the trend is still bright red. Halfway through, the CAC 40 was down 0.95% at 3782.67 points, settling in the 3800 points. The significant widening in the red of Wall Street leads the CAC 40 down around 2%.Even febrile atmosphere at the Frankfurt stock exchange where the Dax lost 0.30% to 6801 points against 6822.05 points yesterday at the closing and in London the FTSE-100 fell by 0.69% to 5641.80 points.

Fear of contagion to other countries, Portugal and Spain in sight, gives new reasons to markets to tighten. "Portugal is emerging as the next potential victim of this crisis of European sovereign debt," say experts and Barclays Exchange. From its side, Greece has failed to achieve its objective of reducing public deficits, and Spain during the auction of short-term bonds Tuesday, high rates emerged, a sign of renewed tension.

On the currency markets, the euro will move down. About 11:00 am in Paris, the euro bought 1.3592 dollars against 1.3622 dollars Monday night.A decline which is again a sign that investors are cautious and worried.

On the other hand, the maximum voltage between the two Koreas. North Korea on Tuesday fired shells on an island in its southern neighbor, injuring and killing at least one soldier, according to news reports, which sparked an armed response from Seoul

Contradictory signals on French growth

After two months of gains, the index of business climate has stabilized at 104 points, or above its long-term average, according to latest figures from INSEE no credit check personal loans."This month, the economic climate remains hesitant in most sectors," notes the Institute of Economic Research.

While indices in services, trade and construction are up slightly, industry climate has deteriorated, falling from 102 in October to 100 in November.

The growth of activity in the euro area accelerated in November, thanks to a rebound in activity in the private sector in France and Germany, according to preliminary results of monthly surveys Markit.The PMI "flash" of services rose to 55.2 against 53.3 in October (consensus 53.1).

United States, will be detailed in the third quarter GDP (second estimate) at 14:30 and will be released at 16 hours of home resales in October.

The bank penalty

Values on the forehead, as banking stocks are usually the first to suffer problems of sovereign debt in European countries. Stock traders fear that the Irish aid plan only grows rating agencies to downgrade their rating on the country-which has already been announced by Moody's yesterday, and will force Ireland to fund more expensive and of digging and a little more its huge debt and deficit of 33% of GDP.

Thus, Credit Agricole accuses one of the largest decreases of ACC.However, it slightly reduced its losses (-1.89% to 10.38 euros) after saying that its exposure to sovereign debt of Ireland was now "very significant". Societe Generale dropped 1.68% to 39.98 euros, BNP Paribas 2.13% to 51.02 euros and Natixis 1.93% to 3.65 euros.

The Red Lantern is the CAC 40 dropped 2.22% to Axa at 12.33 euros.

Lafarge loses his hand to 43.84 euros 2.02%.The title is limping along after a lowering of recommendation from Citigroup to "hold" cons "buy."

Arcelor Mittal sells 2.17% to 23.77 euros in the wake of metals prices, which fell in London and Shanghai in favor of arbitration because the dollar Tuesday after the bombing of a South Korean island by North Korea .

Zodiac: 40% growth in sales per year for

Zodiac Aerospace (-2.97% to 48.38 euros), on which its competitor Safran waived last week to bid, confirmed Tuesday morning that target a growth of over 40% of its turnover on the next three years after a 2009-2010 fiscal year marked by a limited decline of 1% of organic sales.

Air France-KLM (-1.56% to 13.85 euros) will increase the capacity of a part of its fleet by removing the first class in some of its aircraft for the benefit of the economy class, reported The Tribune.

Gecina (-1.56% to 13.85 euros) announced on Tuesday to 440 million acquisition of office space in three operations in the context of its objective to increase the value of this heritage from 5.5 to 9 billion by 2014.

Thales (0.57% to 26.65 euros) Group specializes in aerospace, defense and information technology is expected to announce tomorrow from 1000 to 1500 job cuts, according to unions quoted by the AFP and confirming information of Challenges.fr.Thales declined to 13% of its orders in the first nine months of the year and some programs, such as the A400M, cost more than expected.

EDF (-1.12% to 32.81 euros) a direct result of their recent dispute over a nuclear project in the United States, EDF wants to gradually sell its shares in the capital of its U.S. partner Constellation.A paper was presented yesterday with the Securities and Exchange Commission (SEC), gendarme market, noting that 14.6 million shares will be sold for a total of 415 payday cash loan.4 million.

EADS (-0.65% to 16.86 euro) The North American subsidiary of the aircraft manufacturer has called an "accidental" an administrative error by the U.S. Air Force who mixed some documents relating to the tender for the supply of tanker aircraft.

EADS also hopes to finalize an order for four A380 here in March 2011 with the Japanese low-cost airline Skymark Airlines.In an interview with Bloomberg, Kiran Rao, Airbus vice-president in Japan, is betting on the international expansion of the company that would allow him to regain some share of Japanese market to Boeing, which dominates today.

Renault (-0.67% to 43.50 euros) The Renault-Nissan and Russian AvtoVAZ plans to produce all small MPV for the Russian market in 2012, according to the Nikkei newspaper. The daily added that Nissan will take a 10% stake in AvtoVAZ.Conversely Peugeot (1.53% to 31.84 euros) and Michelin (1.08% to 55.34 euros) are among the highest increases of ACC 40.

Arkema (-0.34% to 47.72 euros), which holds an investor day today, announced Monday it would triple its production capacity to its plant in China specializing in Polyamides by 2013, to meet the strong demand of its customers in this area.

Technip (-0.07% to 60.51 euros) The Italian subsidiary of the French specialist in oil and gas equipment will participate in the development project of the Cienfuegos refinery in Cuba to $ 6 billion (4.4 billion euros). This contract was won by a subsidiary of China National Petroleum Corp..

Conversely Alcatel Lucent (1.21% to 2.11 euros) rebounds and sign the largest increase in the ACC after losing 21.5% since October 22.Alcatel announced Tuesday the signing of a contract worth several million euros with Saudi Telecom Company to expand its broadband access network