It is a blow to Angela Merkel. German Chancellor has lost Sunday night for its closest ally to win against its European partners in managing the crisis of the euro. The defeat of Nicolas Sarkozy, she has supported all the way, is also a bit his. However, his political career attests: Merkel is good at adapting to new realities. It's been several weeks since his team is preparing for a possible victory of Francois Hollande. The Socialist no longer afraid to Berlin. His first phone call on Sunday night was to be for the Chancellor.

Francois Hollande was pretty irritated the Germans during his campaign by promising not to ratify the treaty in the state of budgetary discipline. The Socialist candidate would include a component of measures to support growth, including on the funding at European level of environmental or industrial projects. Merkel replied curtly that there would be no renegotiation of the text, regarded in Berlin as the culmination of his vision of a Europe steeped in the "stability culture" Germanic. Before making a small step towards Holland stating that the EU was preparing a "growth agenda" for the top end of June

Holland, who said he wanted to be part of the Franco-German tradition by making his first trip across the Rhine, is expected in Berlin this weekend or early next week, following his inauguration. It is expected to meet informally with the Chancellor of how to amend the treaty. Merkel wants to prevent the initiatives to support growth would delay its ratification. To circumvent the risk of isolation, she has already joined the Italian Mario Monti. And it seeks to gather around their tandem a significant number of twenty-five countries signed the treaty to ratify the text without waiting for France.

Berlin wants to believe qu'Hollande will find a "pragmatic solution", according to a memorandum of discussions between the team of the socialist candidate and German diplomats, quoted by the media across the Rhine. "Holland and his team want to be part of the continuity of the Franco-German working for Europe," said the note. For several weeks, Michel Sapin, author of the economic project of Holland, and Jean-Louis Bianco try to reassure the Chancellor through contacts with his closest advisers. On both sides of the Rhine, we want defuse "hiccups" that perfect storm of the euro, would be immediately punished by the markets.

Of "painful truths"

Merkel's entourage insisted on the red lines of the Chancellor. The introduction of Eurobonds is still a taboo in Berlin. As a stimulus to growth by an extensive program of public spending. Germany believes that its model of structural reforms is the role model for Europe. And she hopes qu'Hollande be satisfied with a symbolic boost to growth. For Berlin, the Socialist candidate's campaign promises are not set in stone. And he would realize that he will announce "painful truths" to the French early in his term. Germany feared above all that the arrival in power of Holland bury any desire for reform in France. And having to wear one at arm's Europe and the single currency. Holland "judge superfluous needed economic reforms, pension and labor market, laments the Bild newspaper in an editorial. The French economy unscrews. If Holland looks away, she will continue to fall. While Germany is alone without strong partner with a big question mark next to the euro. "

Somewhat reassured by his contacts with the Dutch team, led by Berlin is one hope: that economic realities and uncompromising market pressure will convince the French Socialist turning into a Social Democratic German inspired.

ALSO READ:

"Angela Merkel is concerned about the pressure of extreme

Free Mobile Will it or not benefit from wholesale rates (called call termination) preferential? ARCEP, the telecoms regulator, has made a proposal along these lines for voice calls, and is currently thinking about for SMS. These tariffs, paid by one operator to another to reach a call on its network, are an important component in the economic equation telecom.

But Friday night, the European Commission got involved addressing "serious reservations" to the proposal of the ARCEP. "Imposing tariffs on mobile termination rates over the networks of new entrants only makes sense if the costs are actually more important," said Commission. Clearly, the French regulator has not sufficiently justified its proposal. ARCEP has immediately responded, saying it would reflect the opinion of the Commission, but considers that its decision is not challenged on the merits.

Finally, what impact will Mobile for Free? If Arcep reviews its copy, it could result in less favorable prices for Mobile Free. However, the economic impact should have been limited because these rates apply in any case for a short period and the proposed differential rates with competitors is weaker than expected.

"For Free, the new would be unpleasant, but of limited importance, because in any case, European regulations do not allow an asymmetry that over a maximum period of four years," say analysts at Natixis. "We believe that this could make the start-up losses expected in the early years of Free Mobile a little more important. At first assessment, it could have an impact of around 25 million euros on our valuation of the mobile business, or 0.4% of the current valuation of the group, "they continue.

Technical difficulties seem resolved Free

Oddo: same observation, the impact seems too limited. "According to our preliminary calculations, the impact should be limited to 0.5 euro per share or 1.1 euros in the scenario of an abandonment of the asymmetry which seems unlikely," analysts say.

But behind the subject of voice call termination, covering tens of millions of euros for Free Mobile, looms on the SMS termination, whose stake is about ten times larger, Arcep on which to make a decision this summer.

While Free Mobile asked a very strong differential on SMS interconnection rates, its competitors are totally opposed. "There is no question of accepting the call termination on asymmetric voice calls and SMS, it would amount to subsidize the Iliad offers up to 7 euros', stated the CEO of SFR in late January . While ARCEP must decide, the Commission has wanted to send a signal?

The debate on tariffs between operators comes as Free Mobile seems to have solved the technical difficulties encountered during peak hours. "Capacity problems are solved," said Maxime Lombardini, chief executive of Iliad-Free on lemonde.fr, adding that the group had "added last week, and again in early this week, links to physical spend more simultaneous calls. "

ALSO READ:

"Virgin Mobile is playing the return match against Free

"The price of mobile calls will drop in Europe

"Customers Free pardon of" teething problems "

17 billion euros in investments, 164,000 jobs directly and 97,000 indirectly. Which to house the mammoth project? Madrid against Barcelona: the contenders are the most powerful cities of Spain … and two eternal rivals, in politics as on the football field.

A funny clásico, fanned by a singular trophy: the U.S. company Las Vegas Sands wants to establish in Spain's largest casino complex on the Old Continent. "Eurovegas" must be the European version of the world capital of the game Six casinos, 36,000 hotel rooms, three golf courses, a 15,000-seat auditorium

.

The figures, astronomical, are salivating entrepreneurs and politicians, while the country is mired in negative growth and an unemployment rate near 23%. The real estate engine "miracle" Spanish is down. Regions and municipalities in crisis seek relays create jobs and tax revenue.

In desperation, local politicians are suitable for all investors games. Left to take a project still vague for a real growth driver. Leaves to forget that five years ago, a similar idea had generated the same enthusiasm in Aragon, before developers do not suddenly reverse.

Barcelona or Madrid? Sheldon Adelson, owner of Las Vegas Sands, hesitates. After a year of study and 7.6 million euros spent, however, the decision must fall rapidly before the summer, the billionaire promises.

Rebates and exemptions

His communications director, Ron Reese, said the two cities "are tied." The project, said Reese, who will go to that show the more "flexible". The list of requirements is long Adelson as a letter to Santa. His company is seeking exemptions from social contributions and tax rebates. She wants the standards against money laundering to be relaxed to facilitate, she said, remittances players. Besides other applications wackiest, like creating a MBA in the gaming industry, or the lifting of the ban on smoking in rooms.

These requirements seem exorbitant to upset any politician. In Barcelona, ​​we recall that the project needs to attract 11 million visitors. "Quality tourism" believes the President of Catalonia, Artur Mas.

In Madrid, the figure of 260,000 jobs dizzy: it represents half the number of unemployed in the region. The president of the autonomous government, Esperanza Aguirre, has promised to make "all necessary legal modifications, as they do not violate [its] principles."

Demonstration in Madrid

Thousands of people rallied Sunday in the streets of Madrid to the appeal of unions, against labor reform implemented by the government the right to fight against unemployment, the mobilization test before a general strike scheduled for March 29.

The two main Spanish unions, UGT and CCOO, have called for demonstrations in 60 cities in Spain, to protest a reform they deem "unfair and ineffective" and "defense of public services".

Carrying red flags and placards with the words "no budget cuts", "No to social regression", shouting "we will not pay their debts with health and education", thousands of protesters stormed the center Madrid. 

The Conservative government of Mariano Rajoy adopted on February 11 for further reform of labor market flexibility, including lower redundancy payments and measures to stimulate youth employment.

China's growth confirms its moderation. All indicators earlier this year indicate a general slowdown given the Chinese engine. This weekend, China Customs have announced for the February trade deficit of $ 31.5 billion. The most since 1989, according to figures from Bloomberg.

China's demand for foreign goods, raw materials whose economy is greedy, in particular, continued to grow, while the two main trade partners of Beijing, the European Union and the United States, slowing their orders in a difficult economic environment on both sides of the Atlantic. Exports then rose only 6.9% on the first two months of the year, year on year, against 13.4% in December, while imports grew by 7.7% at the same time, against 11 , 8% in December.

China's trade balance continues to play a little yo-yo earlier this year, with the effect of Chinese New Year festivities, which saw disengage almost all plants of the country. But last week, Chinese Commerce Minister Chen Deming announced already that keep foreign trade growth to 10% as in the past would ask "hard efforts".

Inflation sharply down

For it is all Chinese machine out of steam. By last weekend, the National Bureau of Statistics (NBS) showed that industrial production grew by 11.4% over January and February, its lowest level in two and a half years, and retail sales of 14.7 %.

Inflation has never been so low in twenty months. The index of consumer prices rose only 3.2% over one year against 5.4% for the whole of 2011. A figure lower than expected, but also below the target the government set itself for 2012 to 4%. This price moderation should breathe a sigh of relief to more than a senior party. She had become, last year, a major concern of the central government, fearing that it would nourish the social scolds. Reassured, the Chinese leaders could now ease off on their monetary policy and the exchange rate of the yuan.

But the pause early this year by China's growth is primarily seasonal, with the parenthesis Chinese New Year, the central government may wish to wait for confirmation of this curbing of its economy before flowing again . The specter of inflation, which can leave at any moment, has not deserted the minds of Beijing.

ALSO READ:

"China cools Asian stock markets

"The Chinese auto manufacturers are moving into Europe

"Shanghai will free property sales

"The Asian market continues to rise

General Motors and PSA Peugeot Citroen gradually reveal the content of their historic alliance, which is reminiscent of that between Renault and Japan's Nissan. If such comparisons seem indispensable for international car manufacturers, as the competition is tough, what about in terms of French jobs? "Better buy a Toyota Yaris produced in France, a Renault Dacia produced in Romania," Nicolas Sarkozy launched late January, as an example of the preference to "Made in France" to boost employment in France. Is it that simple? Not in the auto sector, meet Philippe Very and Emmanuel Metais *, professors at EDHEC Business School.

Emmanuel Metais Photo credits: © Hervé THOUROUDE-Mobile: 06 16 29 62 08 – Email: rvthouroude@yahoo.fr

Ikea home would be particularly well guarded! The furniture manufacturer has indeed established a spy system to know all of its employees but also customers, reports the Chained Duck. The French subsidiary of the Swedish group would have indeed been to monetize files of the National Police through International Private Enterprise Security specializes in security.

The satirical newspaper reproduced a series of explicit emails between the Director of Risk Management Ikea France, Jean-Francois Paris, and leaders of companies specializing in the collection of private data. One of these letters entitled "Subject: SITIC agreement" proves that the Swedish group has obtained sensitive information and theoretically reserved for the national police. In fact, the Stic is a file held by the police that gathers information on all individuals involved in an offense (the alleged perpetrators and victims) and stopped by the police. However, the CNIL has seriously challenged the credibility of this information. But no matter, the company did not hesitate to purchase this file in exchange for remuneration comfortable. On the issue of private company: "What you propose of more and better than 80 euros per consultation equivalent to those of ICST? I wish you a happy Christmas, "the risk manager at Ikea responded to a scathing" Sold! ".

Union representatives have claims

The exchange also demonstrates that Ikea France has regularly asked the security company very precise information on its employees or customers. Thus, Ikea has asked pharmacies Security: "No one in the store hires Paris Nord. Thank you for his locker. " Another application of the group: "His speech is anti-globalization and methods' old guard CGT" (covers his ears and keep repeating the same thing about his achievements) fast cash. Unionism? Profile is not too far from his lady. Various proselytizing? ATAC or other? Risk of eco-terrorist threat? ". The group also sought to take note of vehicle registration, driver's license, or the mobile operators. Customers were not spared by these unscrupulous practices of espionage. The group has investigated its customers including commercial litigation cases.

And employees have to defend well. Yassine Yakouti lawyers and Sofiane Hakiki will defend the interests of union representatives who have claims. The microphone of France info, including Yassin Yakouti emphasizes that it is "a unique case in France." The question is how society Sureté International was able to obtain the secret files of the police.

Only certainty, the information could harm the reputation of the furniture giant that boasts its management ethics. The model has however been shaken repeatedly. Latest event this summer employee of a store located in Virginia, United States, denounced a "dignified management of plantations." And after the publication in 2010 of a book on the shock group, which denounced the methods of management but also put under surveillande these employees, the new French case might still make waves.  

ALSO READ:

"YOUR REACTION -" It really seems to be a communication problem at Ikea "

"Ikea: employees mobilized for their wages

"Ikea: the direction stick to his guns

The fight against price volatility in agricultural commodities is precisely the heart of the priorities that the ministers of agriculture have taken in June in Paris during the holding of a special agricultural G20. These will draw Friday a first assessment of this work."The challenge for leaders is to find ways to constrain the natural volatility of the courses without mask or minimize the aggravating factors which tend to look the part of financial markets," said Didier Rousseau, expert industry the agri-food consulting firm Weave Same day payday loans. Volatility can be explained according to the expert by "the increase in global food demand, the emergence of biofuels or the occurrence of weather-related disasters."

The five commitments that will be discussed and reviewed at the G20 agricultural Cannes

• Establishing information system on agricultural markets (AMIS). Hosted by the FAO global database that aims to improve transparency and information on agricultural markets of four major crops for food security (wheat, rice, corn, soy).

In September, it is the purchase of textile-leather and energy costs which have lowered consumption. These expenditures have dropped respectively by 4.7% and 4% last month, a much greater decline than in previous months. For the textile sector, the wrong number "announcement of hard times," Judge Camille Williencourt, an economist at Natixis. It points out that consumption fell by 17% in this sector since the second quarter of 2007.A sign that the industry "is recovering gradually, after a very poor second quarter impacted by the decision of the cash for clunkers," said Camille Williencourt payday loans for bad credit.

INSEE had Tuesday reported an unexpected improvement of consumer confidence in October. Indeed, they are much less likely to anticipate a rise in unemployment – although the statistics published this week have reported a record high – and are optimistic that this summer on their future standard of living. Other anticipation apparently bodes well for the consumption of the end of the year, they were also more likely to feel the need to make major purchases. But despite these positive developments, "consumer sentiment remains generally depressed, said Helene Baudchon, economist at BNP Paribas, well below its long-term average of 100."

Since this summer, the world leader in soft drinks, combined with specialist Italian Illy coffee, launched its cans of coffee at Daily Monop 'and Monop' (Monoprix). Illy issimo named this new drink is declined "caffe" and "cappuccino". "This drink is not far from the tastes of the French, it's just a new way to drink coffee as was the case some years ago with the iced tea in cans," said Ilaria Presotto, marketing director of Ilko, the joint venture created in 2007 by Coca-Cola and Illy.

With this coffee "ready to drink," Coca-Cola wants to meet new consumer needs.He hopes to reach young and urban assets, on the road, often of tiredness during the day. "This is a premium drink that matches the new lifestyles, says Ilaria Presotto. This is a niche category that did not exist in the French market, so we need to educate consumers and encourage impulse buying. "Suddenly, the price of Illy issimo (2.20 -3 euros) is aligned with RedBull, alongside which he finds himself in the rays in the absence of competitor.

As with VitaminWater, the world leader in soft drinks has chosen a selective distribution. He wants to know Illy issimo by word-of-mouth.He focused primarily on fresh produce stores so that its drinks are lost on the shelf.

Starbucks and PepsiCo in ambush

These cans of coffee, which are now available in 400 outlets in France, were first sold exclusively at Colette, La Grande Grocery of Paris (Le Bon Marché) in several luxury hotels in the capital as the Hotel George V and the Côte d'Azur. "With these first months of launch, we will expand our offering next year and increase the distribution of our products to major retailers, says Ilaria Presotto, currently in talks with Carrefour. We hope to at least double our sales in France in 2012. "In the Hexagon, Illy issimo – which is produced in Denmark – is sold by the sales of Illy. In Barcelona and London where Illy issimo was launched along with Paris, the distribution strategy was the same.In the British capital, the drink is sold in stores in the chain Waitrose premium, in addition to sandwiches. It is also found in company canteens as Disney or head of the Daily Telegraph.

In Europe, Illy and Coca-Cola inspired by the success of Illy issimo Japan and the United States, where the drink was launched two years ago. In Japan, the first market issimo Illy, the coffee is sold in cans hot or cold in the millions of vending machines in the country. The country accounts for 70% of world consumption of coffee "ready to drink." A market of 17 billion dollars which increased by 5% in five years. In the U.S., too, is a high potential market. From year to year, sales have doubled in the country. But Coca-Cola is facing a strong competitor, Starbucks Coffee, combined with another heavyweight soft drinks, PepsiCo.After the United States, China, Britain or Germany, their coffee "ready to drink" Frappuccino will land next year in France.

ALSO READ:

"Tax on soft drinks: Coca-Cola in anger against France

"Coca-Cola launches non-alcoholic beer in France

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.

ALSO READ:

"Boeing delivers its first Dreamliner