According to a survey, less than a third of French say they are willing to buy the French public debt. And you, would you be willing to lend to the state? Do you have confidence in his ability to repay? It goes from 8.86 to 9 euros gross time to reach 1,365 euros for 35 hours, or about 1,073 euros net per month.

Less than a third of French say they probably or definitely willing to buy the French public debt if they were given the opportunity, according to a Harris poll for the site information and the agency Jolpress Image & Strategy to be published Tuesday in the Tribune . Only 6% of French people would buy "certainly" the debt of the country at rates comparable to those charged by banks, and 24% would buy "probably" of such bonds, said the survey.

Conversely, 65% of French people would not buy "definitely not" (34%) or "probably not" (31%) of French debt. Two countries, Italy and Belgium have recently suggested to individuals to buy government bonds, and these operations have been successful. The "day Treasury bills", during which the Italians were called Monday to buy the debt of the country, met a great success, while in Belgium, the government launched Thursday a government bond which has was well received by individuals.

In addition, a majority (56%) of the French believed that the acquisition by the European Central Bank (ECB), a significant portion of the debts of the states of the euro area would reduce speculation in debt. But 56% believe that it would deter states to make real efforts to reduce their deficits and 53% that it could foster inflation.

Zodiac Aerospace announced Tuesday the results slightly exceeded expectations in 2010-2011 thanks to the growth of the aerospace market and said it expected further improvement in profitability and activity for the current year.

The aerospace equipment anticipates organic growth of 20% of its turnover for the first quarter (September-November) and in the longer term, expects to exceed its growth target of 40% of its turnover on three years, excluding the impact of foreign exchange.

Zodiac has emerged on the fiscal year ended in late August an operating margin of 14.0% – it was a rate higher than 13% – against 11.2% in 2009-2010, with an operating profit of 385.7 million, an increase of 60.4%.

Values ​​to follow Friday at the Paris Bourse, where the CAC 40 index advances 0.65% to 3084.49 points in very small volumes, however, less than 800 million have changed hands on the index as part of Euronext platforms.

* EADS (4.65%) signed the largest increase in the CAC 40, after a jump of more than 5% related to his statement of annual goals and quarterly earnings well above expectations.

In addition, according to industry sources, the Qatar Airways and Emirates airlines as well as the lessor of aircraft ALAFCO could spend significant aircraft orders at the Dubai Air Show, which begins Sunday.

* BNP PARIBAS advance of 3.38% to 31.54 euros.

* Veolia Environnement (-1.07%) continues to suffer from its new warning issued yesterday, many brokers have lowered their price targets and estimates of value.

* SOITEC jumped 14.51% after announcing that its subsidiary Soitec Solar Development had received regulatory approval from the Commission to regulate utilities in the State of California for its five power purchase agreements concluded with San Diego Gas and Electric.

TF1 * (-13.49%) shows the largest decrease in the SBF 120, the group has lowered its forecast revenue for 2011 after the graduation of net advertising revenue of its flagship channel in the third quarter.

Safran and Thales close to agreement on two joint ventures

Safran and Thales are close to an agreement in principle on the creation of two joint ventures, one in optronics and the other in inertial navigation, officials said Friday a source close to the matter, confirming a report of daily Les Echos.

The two manufacturers for the aerospace, defense and security in May had announced the resumption of talks suspended in mid-2010, under pressure from the state, their common shareholder that seeks to reduce duplication in the sector defense budget cuts in full.

"Thales and Safran are close to an agreement in principle, but it is not the final agreement," the source said, adding that the joint venture would be headed by the Thales optronics and that in the inertial navigation by Safran.

Cigarette prices increased by 6%

Cigarette packs will cost on average 30 cents more starting Monday. This should bring 600 million euros to the state in one year.

Cigarette packs will cost on average 30 cents more starting Monday in France, a 6% increase sought by the government should have little effect on consumption, but that will bring 600 million euros a year in State to Safely smokers will find it in a package less than 5.70 euros in their tobacconist. For the first time, the Marlboro (the best-selling package with nearly 25% market share) will pass the bar 6 euros to 6.20 euros.The government has allowed manufacturers to revise their prices, anticipating an increase in minimums of perception which must be passed by Parliament in the law on financing of Social Security.

This increase was announced by Prime Minister Francois Fillon, in late August, when presenting the plan anti-government deficit. It should bring 90 million euros this year and 600 million in a full year.

Taxes are 80% of the price of a pack of cigarettes. Most (over 10 billion euros in 2010) goes into the coffers of the social security system. Fillon also announced a further increase of 6% in 2012, without specifying the date. This is the third consecutive year that the cigarettes in the fall recorded such an increase (30 cents per pack), well above inflation.However, sales have never declined so far in the same proportions.

54.8 billion cigarettes sold in 2010

Thus, it has sold 54.79 billion cigarettes in 2010 against 54.98 in 2009, a mere drop of 0.3%. At the same time, the amount of rolling tobacco rose from 7257 to 7598 tonnes (+4.7%). In total, sales of tobacco (including cigars) increased by 0.14% by volume, according to figures from the observatory of drugs (OFDT). Again this year, cigarette sales in late July had declined by only 0.6% in volume compared to 2010.

Value, because of previous price increases, the market is increasing by about 5%. Growth shared by the state (almost 13 billion euros in 2010, including 2.5 under the VAT), tobacconists (8.2%) and manufacturers and distributors (11.8%). The anti-smoking groups believe that any increase less than 10% has no effect on consumption.The Office of Tobacco Prevention (OFT) ironically on Monday up seeing an "application" of the state "to the tobacco industry for agreeing to increase by more than 100 million profit."

Tobacconists and manufacturers recall their part that a sharp increase has an effect on sales in tobacco shops, without lowering consumption, since it encourages smokers to buy abroad or from resellers on the sly. A study of Customs estimates that 20% of cigarettes smoked in France are not purchased in the network of tobacconists, but fraud (5%) or legally (15%) in the neighboring European countries (Belgium and Spain) where the package is sell up to 30% cheaper.

These purchases, which exploded after the sharp increases in tobacco prices in 2003/2004, affecting particularly border trade, result in financial compensation from the state to tobacconists.A parliamentary report issued in early October to the Minister of Budget, recommends "a convergence of prices of tobacco in France and in neighboring states," but also "to reflect on the taxation of rolling tobacco" for "contrecarrrer the substitution effect for each increase in the price of cigarettes. "

Increase in the morale of U.S. households

The index of U.S. consumer sentiment rose in September but the Americans have no faith in the future, the sub-index measuring expectations being at their lowest since 1980.

Index Thomson Reuters / University of Michigan on Friday stood at 57.8 (provisional figure) in September against 55.7 in August. The index in August was the lowest since November 2008. The consensus of economists polled by Reuters gave 56.5.

The expectations sub-index fell to 47.0 against 47.4, the lowest since May 1980.The outlook 12 months decreased to 38 against 40, the lowest since February 2009.

The sub-index of current conditions rose to 74.5 against 68.7 (consensus 68.0).

The sub-index of inflation expectations one year falls to 3.7% against 3.5% and at 5 to 10 years at 3.0% against 2.9%.

European shares fall, Paris underwent the greatest decline

European shares fell again Monday, and Paris more than others, banking stocks have sealed the evidence against the backdrop of threats of deterioration of the note of the three major French banks by Moody's.

Sign of the growing concern of the markets on the ability of European leaders to provide credible answers to the crisis of sovereign debt, the euro, which had hitherto resisted rather, fell to a low of six months to a , 34949 dollar at the meeting.

It was trading around 1.36544 in late afternoon, the euro was hurt by the statements of German officials who have openly discussed the case of an outflow of Greece in the euro area, two days after the announcement of the resignation of sensational Jürgen Stark, chief economist at the European Central Bank (ECB), hostile to the policy of bond buyback of fragile states

The CAC 40 index, which opened a bearish gap of 75 points (difference between the lowest of the previous session and the highest of the day 2.967/2.892) closed down 4.03% at 2854.81 points, but above its lowest Session (2820.76) hit after the announcement of an explosion on the Marcoule nuclear site in the Gard.The index fell 3.6% Friday.

Analysts Graphics Day by Day, the next intermediate support of the CAC is around 2785 points, which correspond to the projection of the decline in the first week of September. They felt then, the major support is around 2720 points, the low point and closing meeting of March 30, 2009.

NO RESPITE TO THE HORIZON

London has sold 1.63% 2.27% Frankfurt and Milan 3.89%.The pan-European Euro Stoxx 50 index fell 3.79%.

Nothing on the horizon that promises a respite as the economic slowdown casts doubt on the ability of states to redress public finances.

"The world needs for growth and markets need confidence, and when these two parameters no longer exist, the medium to long term investors desert the risky assets become vulnerable to speculative movements thank you and robots (trading high frequency), explained Christophe Brulé, founder of Entheca Finance.

He said in a note that the CAC 40 was much more upset than the U.S. indices."On August, 62% of the sessions of the CAC 40 saw current amplitude greater than 3% against only 35% for the U.S. market."

"If we return to economic fundamentals (macroeconomic growth and corporate earnings), the horizon was blocked for two months," he added.

In Paris, the three major French banks have accused the largest declines the CAC and touched lows. BNP Paribas fell by 12.35%, 10.64% of Crédit Agricole.Societe Generale, which has tried to reassure the market by a communication on his situation, dropped 10.75%.

BNP Paribas and SocGen accused too, with UniCredit (-10.91%), the largest declines in the index Stoxx European banking sector (-4.56%) recorded the largest decline in sector indices.

"The expectations of a deterioration of banks by Moody's are not a surprise if we judge by previous decisions of Standard & Poor's has already degraded the French banks.But it's not just a French problem is a wider problem related to the sovereign debt crisis, "said Stefan Isaacs, bond manager at M & G.

In this context, the flight to less risky assets has resulted in the bond market by a substantial amount of the performance of 10-year German Bund fell to a record low of 1.71% to finish at 1.74% against about 1.77% Friday.

The new home sales fall 22.6% in Q2

Sales of new homes fell 22.6% in the second quarter in France compared to the same period last year, show figures released Tuesday by the Ministry of Sustainable Development.

At 23,183, sales from April to June, however, increase by 2.6% over the first quarter of this year.

In one year, the decline in the number of transactions reached 28.5% for houses and 21.8% for apartments.

"Sales of 2010, the year of continued recovery began in 2009, had been particularly high," says the ministry in a statement.

Of the last four quarters, sales of new homes declined 5.1% compared to previous four to 104,473.

This movement, which affects all areas of city with the exception of Central and Corsica, has not prevented a further rise in average prices at 3820 euros per square meter for apartments (7.7% over one year) and 249,400 euros on average for homes (+1.8%).

Meanwhile, on sale housing fell 8.6% in the second quarter from April to June 2010, to 28,596.Like sales, this reflux is more affected houses (-19.2%) and apartments (-7.3%).

The last four quarters, put up for sale, however, increased by 9.9% over the previous four.

Further signs of tension in the market for residential real estate, the stock of new homes for sale was in the second quarter, up 1.5% year on year and the average flow of housing has increased in one year seven months to eight and a half months for apartments, eight and a half months to just over 11 months for houses.

Moreover, housing starts for new homes end of July showed an increase of 15.7% over one year to 347,355 units, and 9.1% over the last three months compared to the previous three months, to 80,524.

The number of building permits granted for dwellings alongside increased 10.1% year on year to 422,974 units and 8.6% over three months, 118,747.

In the non-residential housing starts were up 9.6% over three months, to 5.95 million m2, but fell by 1.5% over the last 12 months, 24.39 million of m2.

Building permits for industrial and commercial premises, they are up 2.9% over the period May to July over the same quarter a year earlier to 8.88 million m2 and will increase by 5.7 % 12-month rolling, to 35.82 million m2.

The use of frames are still good

500,000 jobs have been issued by APEC last year, up 67% over the previous year. The number of offers increases in all sectors, except in the areas health-social-culture.

Summer benefits managers. In July, the number of jobs assigned to the Association for the employment of cadres (Apec) recorded a further increase of 54% over the same month in 2010, 44,506 offers. In total, from August 2010 to July 2011, nearly 500,000 jobs have been published by Apec, up 67% over the previous 12 months.

The highest annual increase for the technical services which represent nearly 10% of the offers, up 84%.All functions, except from the health-social-cultural experience sustained growth and especially the R & D studies, which represent 14% of the offers, up 72% and industrial production, with 6% of the offers, an increase of 70%. The computer has 28% of the offers, up 68%. The sales-marketing, which represents over a quarter of offers, also shows a sharp increase of 64%.

The monthly index of job opportunities for executives on the Internet – calculated by APEC to measure the evolution of these online offerings – in July rose 82 points. Again it is the technical services and R & D studies that show the largest increases, respectively 113 and 130 points.

The Tokyo Stock Exchange to its lowest level since the post-earthquake

The Tokyo Stock Exchange ended down 3.72% on Friday to fall to its lowest level since the fall quake in March, weighed down by dropping out of Wall Street and growing pessimism about the strength of the economy .

The Nikkei lost 359.30 points to 9299.88, however, but has stabilized around its support to 9300 points, foreign investors have apparently concluded it to lighten their portfolios.

The Topix, wider, has sold its 25.40 points (3.07%) to 800.96 points from sitting below 800 points for the first time since March 17.

Thursday, investors had already massively shifted from world stock markets, focusing on the safest assets at the expense of equity markets that have experienced disastrous performance.

Cooled by a series of disappointing statistics on the state of the U.S. economy, dampened by the risk of extension of the debt crisis in the euro zone in Italy and Spain, the market has also suffered from the force the yen, whose safe-haven status is bad for Japanese exporters.

The Japanese authorities would have intervened on the foreign exchange market Friday to curb the rise of the yen, said on the markets after a brief surge in the dollar in afternoon Tokyo.Around 6:15 GMT, the dollar fell by 0.90% to 78.54 yen.

In an environment of risk aversion, oil and financial values ​​have been particularly penalized. Inpex has unscrewed from 6.82%, while the bank Mitsubishi UFJ Financial Group and Mizuho Financial Group gave up 2.55%, respectively, and 4.72%.