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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.
France and Germany step up their thoughts on a radical redefinition of the euro zone to force an economic, fiscal and tax in the short term and without necessarily the case of a slow and tedious review of the European treaties.
Paris and Berlin have agreed this week to propose by December 9 – when the next European summit – an ambitious reform of the Lisbon Treaty, but behind the scenes, preparations are being made around the tool more flexible and easily activated, as an intergovernmental treaty outside the community or a bilateral Franco-German if members of the euro area do not follow.
The second is to adopt a purely bilateral approach by including in the ongoing revision of the Franco-German Elysée in 1963 a high degree of harmonization in fiscal and social law.
The advantage of this approach is twofold for France and Germany. First, it allows to circumvent the unanimity required for a revision in formal treaties.
On the other hand, it places the responsibility to recalcitrant countries. This is particularly true of Great Britain who wanted to use the exercise to repatriate a number of powers to London.
CRISIS PLAN
Officially, the goal of Berlin is to obtain a limited revision of Article 126 of the Treaty of Lisbon on the Stability and Growth Pact.
Carrefour Friday categorically denied press reports suggesting a possible change at the head of the group.
Le Figaro wrote that the main shareholders of the supermarket group, funds Colony Capital and Groupe Arnault, have courted Plassat George, the patron of the group distribution of shoes and clothing Vivarte to replace the current CEO Lars Olofsson.
"Faced with rumors successive change of any officer of Carrefour, the Board of Directors of the Company expressly disclaims any information on this release," the group said in a statement.
No one was immediately available from Colony Capital and Groupe Arnault to comment.
Source familiar with the matter, it tells Reuters that George Plassat has been approached by the shareholders of Carrefour to take the CEO of the group but he refused the proposal this month.
"It has been proposed and he said 'no'. It was during November," said the source.
"There is still no candidate to succeed Lars Olofsson," she added.
According to Le Figaro on Friday, the board gave Lars Olofsson to the end of the year to prove itself, especially in terms of achievement of financial targets for 2011.
"(Georges Plassat) is courted for months by the main shareholders of Carrefour.
International creditors of Greece will press Saturday the country's political parties to commit in writing to support the austerity measures required for a new rescue plan and avoid bankruptcy.
Representatives of the European Commission, the European Central Bank and the International Monetary Fund (IMF) will meet with the leader of New Democracy (ND preservatives) was said openly reluctant to provide support for the treatment of austerity imposed by donors.
The number of jobs created was below expectations in the United States in October but the unemployment rate fell to 9.0%, a low of six months, and the upward revision to job creation August and September suggests that the labor market found strength.
The number of jobs created was 80,000 last month, while economists predicted 95,000. But the months of September and August, that number was revised up and give 102,000 more jobs than previously announced.
The unemployment rate fell to 9.0% against 9.1% in September.
The private sector added 104,000 jobs in October, while the public sector lost 24,000.
Danone confident for 2012 after a third quarter in line
Confident for 2012, Danone Tuesday reconfirmed its 2011 objectives and expressed confidence for next year by publishing quarterly sales in line with expectations thanks to strong performance in emerging markets.
The world leader in dairy products and bottled water in the third quarter has a turnover of 4.805 million euros, against 4808.33 million expected by analysts polled by Reuters writing.
On a comparable basis, sales growth amounted to 5.9% in the range of 6 to 8% under the group, and as expected down from the 8.7% growth achieved in the first half.Analysts expected an improvement of 5.6% in the third quarter.
Danone said he was "confident" for 2012 and reiterated its 2011 objectives, namely an increase in sales on a comparable 6% to 8% and an increase of its current operating margin of approximately 0.2 point, always like.
This growth will come from all its activities, but particularly integration synergies from Russian Unimilk, said Danone, which still expects to grow its free cash flow consistent with the goal of two billion euros for 2012.
During a conference call, Chief Financial Officer Pierre-Andre Térisse, said the dynamics of the fourth quarter should be "fairly close" to that of the third.
He said most of the price increases had been "passed, executed and well executed in the first half."
As for the confidence shown in 2012, he said it was based on growth in emerging markets, the integration of Unimilk, which should be completed by the end of the year, and increases performed for several quarters in each of the group's activities.
SALES ALMOST STABLE IN EUROPE DYNAMIC ELSEWHERE
The CFO said the price of milk and plastics were now grown.
On a comparable basis, sales of the branch "water" rose 7.9% to 816 million euros in the third quarter, those of the Fresh Dairy Products division from 3.5% to 2.785 million, the "child nutrition" has increased by 10.5% to 906 million and the pole "medical nutrition" from 9.8% to 298 million.
Growth in fresh dairy products was driven by the brand Activia who performed a double-digit growth in Latin America, Japan, Saudi Arabia, Spain and Italy, says Pierre-André Térisse.
In Europe, still comparable, Danone's sales rose only 0.1% to 2.661 million euros in the third quarter, as they progressed from 19.6% in Asia, 740 million, and 11.5% in the rest of the world, to 1.404 million.
In the U.S., where the Greek yogurt segment took 25% market share, Danone has renovated Oikos brand and the first results "are excellent," argued Pierre-André Térisse."We are working to increase our capabilities to meet this demand," he said.
In Russia, he said, the price increases of 2010 have resulted in "a temporary slowing of growth" so that "sales of Danone and Unimilk remained stable compared to last year."
At the Paris Bourse, the action Danone, down in the first few exchanges, quickly moved into the green and won 1.18% to 45.93 euros at 9:20 while the CAC 40 lost 2.1% and the European sector index of the food industry abandoning 0.36%.
Gecina will sell other assets to reduce debt
The real estate group Gecina said Thursday it planned to sell 500 million euros of additional residential assets to accelerate debt reduction.
Citing the economic and financial climate, the land says it wants to focus more on sales than on new acquisitions in the office sector.
"By making an additional amount of sales of 500 million euros of residential assets, Gecina will quickly reach a target of 1.5 billion euros in sales," we read in the press release.
The title Gecina closed Thursday at 67 euros (5.15%). He was accused Wednesday the largest decrease of the SBF 120 in response to the departure of its CEO, Christophe Clamageran, because of differences over strategy.
Trichet sees risks to financial stability
Risks to financial stability have increased dramatically, said Friday the president of the European Central Bank Jean-Claude Trichet, asking the authorities to act decisively to stem the current problems.
"The risks to financial stability in the EU have increased significantly," said the chairman of the central bank in the euro area in a speech to the Bretton Woods Committee.
"In recent months, the stress of increased sovereign smaller economies to larger economies of the EU," he said.
Jean-Claude Trichet also said:
Resolute action is required from all authorities, we need a rapid implementation of decisions taken on July 21
authorities should take advantage of the option EFSF lending to governments to recapitalize banks
should modify the treaty to allow EU decision-making power in the event of threats to the eurozone
The ECB stands ready to provide unlimited liquidity, currently, provides up to three months.
DSK calls for a debt relief Greek
For the former director of the IMF, governments and banks must accept the losses incurred by it. He said Greece can not get by without a massive reduction of its debt. The former director of the International Monetary Fund Dominique Strauss-Kahn was the guest of JT 20H TF1 Sunday, September 18.
The former director of the International Monetary Fund (IMF) Dominique Strauss-Kahn called on Sunday for the outright deletion of the debt of Greece, accusing the Europeans not to "take the measure of the magnitude" of the crisis that shakes the whole euro area. Asked on TF1 on whether to wipe out debt Greek DSK said: "It's a little idea." "The debt, it is clear that it is massive and it must be reduced at all costs, except at the cost of stagnation and recession," he said.
"The road is narrow peak and European governments are struggling to follow him because they do not want to take the measure of the magnitude of the problem," he said. He criticized the hollow of the euro zone leaders to "push the problem to" by matching their lending requirements in Athens in draconian austerity. "The snowball grows and makes the difficulty in growing and growth is less there," he said.
For the former boss of the IMF, "we must agree to recognize the need to take the loss." "Everyone should take it, states and banks," he said, calling also for greater solidarity and a "fiscal convergence" in the euro area.Dominique Strauss-Kahn also criticized the slow pace of Europeans in the implementation of their decisions, after the agreement of July 21 on a new bailout of Greece close to 160 billion, noting that "the time of economy is faster than the time of the policy. "
"I do not believe that the euro is in trouble, but I think the situation is very serious. If we do not act quickly, in 25 years, Europe will be a land of desolation with high unemployment rates and protection systems to drift, "he warned. "To avoid this, we must act quickly (…) The problem is that Europeans are often too little, too late, is often too little and too late," he added.
Dominique Strauss-Kahn was speaking in his first television interview since his resignation in May of the IMF, after questioning the United States for sexual assault.Criminal proceedings have since been abandoned.
Asian stock markets tumble, despite the commotion policy
Markets in Asia tumbled Monday, despite the proliferation of policy statements and central bankers from the lowering of the sovereign rating of the United States by Standard & Poor's.
In Tokyo, the Nikkei index ended down 2.18% and the broader Topix index lost 2.26%. Finance Minister Yoshihiko Noda said that market confidence in the dollar and Treasuries had not decreased, suggesting that Tokyo did not intend to dispose of its huge investments in U.S. debt.
In Seoul, the Kospi index fell 3.82%, after falling more than 7% in session.The Korean authorities, in a statement, ensured that the G20 countries were ready to act to ensure stability and liquidity of financial markets.
At the end of these places, the Hang Seng Index gave up 3.8% at the Hong Kong Stock Exchange and the composite index of Shanghai Stock Exchange fell by 3.56%. Volumes were 20% below their levels in Hong Kong Friday.Cyclical stocks were among the most attacked.
At the same time, the Moscow stock exchange opened in turn and started the session at its lowest in a year, down 3.3%.
In Europe, the index contracts lost about 2%, as well as the "future" on Wall Street indices.
In this context, the gold all-time records above $ 1,700 an ounce and was trading around 1,713 dollars an ounce or so.
Under pressure, the dollar fell in a time and 0.7500 Swiss franc was trading around 1.4365 per euro.
The oil market, crude prices pplus lost $ 3 a barrel to 83.35 dollars for U.S. crude and 106 dollars for Brent.
"There are obviously some places to hide, and these places are doing very well.Gold took the opportunity because no central bank sells only ", says Greg Gibbs, an analyst at RBS in Sydney.
Just before the opening of Asian markets, finance ministers and central bankers from the G7 pledged to take "all necessary measures" to support financial stability and growth, expressing determination to act whenever necessary. The European Central Bank has announced its next "actively implement" the bond buyback program to try to stem the debt crisis in the eurozone.ECB has not specified which countries will be affected by these acquisitions but suggests it could be from Spain and Italy.
Markets now expect the monetary policy meeting of the Federal Reserve on Tuesday that they hope new efforts to revive the U.S. economy mechanical.
"Investors are wondering whether the Fed will open the door to more accommodative measures, such as quantitative easing. If this is not the case, investors express their disappointment by continuing to sell," Toshio Sumitani provides analyst at Tokai Tokyo.