Despite the withdrawal of support from the Ministry of Education, however, initiated the scheme in 2007, Operation "Essentials of the season" is renewed this year. The consumer association Familles de France, who led the negotiations only for the operation to be maintained, and obtained group Auchan, Carrefour, Casino, Cora and Système U marketing school supplies at prices that "most attractive as possible. " Items on a predetermined list, released by the department without committing to a price control, however, wants to "prevent slippage on the weight of school bag for children" must be placed on the shelves on Monday. They will be marked with a label.
The binder excluded from the list
The list 2011 includes thirty references, from books to filing through the rubber and pencil sharpener.This year, it does not ultimately buy a binder. The withdrawal of the article led the Federation of Parents for Public Education (PEEP) to leave the negotiation. "We recognize the economic reality and the context of rising raw material such as that 40% of the price of pulp, said Daniel SCHWARZ, treasurer of PEEP. That's why we were ready to discuss a positive impact on prices, perfectly stable since 2007. But the fact that teaches unilaterally remove the binder from this list, it is not acceptable. The binder for us is critical, there is. "
Rising prices
Creyssel Jacques, managing director of the Federation of Commercial and distribution (FCD), whose members are the retailers participating in the operation, has stressed during a press conference that the prices of "Essentials of return "would increase. "The increase will be moderate," he promised, however. Brigitte Masure, president of the Confederation of families, intérogée by Le Parisien, Aujourd'hui en France believes that the purchase of supplies back last year cost 40 euros for a child to kindergarten, 113 euros for a PC, 337 euros for a sixth and 821 euros for a second student to technology. The invoice should climb this year.A study published in late June by the online shopping site Twenga revealed that the average cost of supplies were increased by 18% compared to last year.
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After three potential scenarios developed by the working group of Bertrand Fragonard, president of the High Council for Family Affairs, it was the turn of the Economic Social and Environmental Committee (EESC) to make known its proposals to finance the old age dependency. The two rapporteurs of the text have sent the first draft to all members of the EESC. The final opinion must be considered and voted that the 14 and 15 June before being sent to the government that sought to prepare its reform this summer.
In his text, the Committee stresses the challenge "societal" dependency. Solutions "is to implement new (…) of solidarity, sustainable for families as the public finances over time," says the notice emphasizes that the financing of the loss of autonomy must be on a casting vote by the national solidarity.According to figures cited by the EESC, expenses associated with the dependence reached last year, 33 billion euros, 24 billion to the burden of the community. Population projections are also reported an increase of 25% of people aged over 75 by 2025.
1% on inheritances and donations
To ensure the extra spending, the Committee advocates the establishment of a 1% tax on inheritances and donations out of business transfers and professional tool. "This tax would apply to all products that are not taxed today," said Monique Weber (CFE-CGC), co-rapporteur of the draft opinion.Successions between married or civil unions would then be concerned, like those on certain real property (located mainly in Corsica and benefit from exemptions), works of art, or gifts and legacies made for the benefit of associations .
The Notice also contemplates "the alignment of the full rate of the CSG on pensions (6.6%) on the assets (7.5%). This option, proposed in particular by the MEDEF, Fragonard and the commission did not favor the government but in the EESC could bring 1.7 billion euro. The opinion, however, leaves open the debate and suggests that this increase in the CSG could be applied "beyond a certain threshold of income."Other lines of inquiry such as the introduction of a second day of solidarity, an increase of half a point in the premium pension scheme, a levy on the assets of the highest or the introduction of VAT name, have however been excluded.
The text also stresses that to the increasing share taken by private insurance contracts, several precautions must be met to avoid the rising cost of loss of autonomy in the home, including the poorest.The EESC therefore envisages the creation of "a label given to public contracts respecting the specifications, and introduce government subsidies to help households subscribe to these guarantees.
Finally, beyond the financial recommendations, the project would include a large number of practical recommendations for home support for older people or support for caregivers (family members caring for dependent persons), according Monique Weber. Trails explored by the commission as Bertrand Fragonard.
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By September 2007, Francois Fillon said "being at the head of a State which is in bankruptcy." More than ever today. At the end of 2010, the government's balance sheet, liabilities exceeded assets (real estate, leases, equities, etc..) From 757 billion euros. In other words, even selling all his possessions, the state could not repay its debts. So says the report of the Court of Auditors on implementation of 2010 budget, released Wednesday.
The slippage of the state debt (again, up 81 billion last year) is only a reflection of accumulation, year after year of deficits.Since the crisis, the government deficit has increased fourfold, from 34.7 billion in 2007 to 148,800,000,000 in 2010.
Certainly, last year was marked by exceptional costs: the future investments (34.6 billion), aid to Greece (4.4 billion) stimulus plan (6.8 billion) and reform of business tax (7.7 billion). Nevertheless, even eliminating these effects, the deficit is approaching $ 100 billion.
Evidence that the situation is fundamentally unbalanced, in 2010, 18.5% of current expenditures of the state have been financed by borrowing, according to the Court. And Didier Migaud, its first president, was listed Wednesday its' reasons for concern "to the Finance Committee of the Assembly. Despite economic recovery, "the spontaneous growth of tax revenues has remained limited (8.6 billion)," he said.In addition, tax loopholes have, as a trend, yet increased by 2.5 billion. Finally, expenditures are not controlled, according to the Court. The government says it has held its goal to achieve, excluding the effect of inflation, spending "normal" state (the so-called "sub standard"). But, according to Didier Migaud, "some steps have been excluded from the calculation of how questionable the norm. By integrating these elements, spending rose 0.7%.
Cost of business tax reform
Another sticking point: the reform of business tax. The Court finds that because of "deficiencies of the information system", having weighed the burden on the state in 2010 is "uncertain." But the amounts involved are substantial (7.7 billion for the Court, 7.3 billion announced in December by Bercy).This item has arrested members who, while recognizing the specificities of the first year, fear that the reform cost then more than 4.7 billion per year under Bercy.
Information systems of the state are also subject to a reserve certification from the Court. With six points, as the assets of the Department of Defense or the real estate. Apart from these reservations (fewer than nine of 2009), the Court finds the state accounts for 2010 as scheduled, giving a true and fair view ". France is, with the United Kingdom or the United States, one of the few countries where an independent organization certifies the accounts of the state. A guarantee of reliability important now.
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Rumor conveyed by the German magazine Der Spiegel that Greece had threatened on Friday to leave the eurozone was denied on all sides. "A provocation" by the Greek Minister of Finance, a "dumb idea" according to the chairman of the Eurogroup Jean-Claude Juncker, a "completely fanciful hypothesis" for Bercy.
However, the financial position of Greece has indeed been raised on Friday at an informal meeting in Luxembourg, attended by several Ministers of Finance of the euro area, whose French Christine Lagarde, Germany's Wolfgang Schäuble The Italian Giulio Tremonti or Greek George Papaconstantinou.At that point also to the subjects on the agenda – aid to Portugal, the regulation of financial markets, the successor of Jean-Claude Trichet as head of the ECB – "have not even been processed, lack of time, "says Les Echos on its website on Saturday, citing" a source described as European. "
Accelerating privatization
At the heart of discussions among members of the euro area, the ability of Greece to honor the commitments made in the context of assistance of 110 billion euros granted by the EU and the IMF a year ago. According to Les Echos, the Europeans have been willing, in exchange for new measures of fiscal adjustment, to pay 20 euros to 25 billion additional to Greece, where they would prove insufficient instant credit report. A sum which would, according to business daily, covering almost all the financing needs of the country in 2012.
Previously, however, the Greeks will accelerate the ongoing privatization. While the report had planned disposals of EUR 2 billion in 2012, "it will take much more raking Athens, about 25 billion by 2013," said the European source quoted by Les Echos. "If these measures are not sufficient, Greece should further tighten the screws tax," she added.
Debt restructuring again rejected
However, the assumption of a debt restructuring Greek has once again been rejected by the participants. While Lars Feld, one of economic advisers to Angela Merkel, considered by example on Sunday that the restructuring was "the only way forward so that Greece is a little relieved that creditors and help to solve the Greek problem "President of the Eurogroup Jean-Claude Juncker reiterated that such an option was excluded.While stating that a new adjustment program would still be discussed at the next meeting of the Eurogroup on 16 May.
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Analysts had anticipated a pleasant surprise in the first quarter for Publicis. They were right. The advertising group recorded organic growth of 6.5% over this period to 1.286 billion euros, against 3.1% in the first quarter of 2010.
An Unusually, this performance is due to the good performance of Latin America (organic growth up 8.7% in the first quarter), supported by Brazil (+20.1%), U.S. USA (+8.4%) and Europe (+6.2%) boosted by France (+8.2%). In contrast, the Asia-Pacific is growing only by 1.5% due to the earthquake in Japan and floods in Australia. China limits the damage with a growth of 8.2%. "Our exposure in Japan is low. The earthquake and tsunami that struck countries, such as the revolts that took place in the Middle East, will negatively impact any of our forecasts for 2011, "said Maurice Levy, Publicis chairman.The boss of the advertising group is also stayed very evasive on the subject, merely indicate that "a 5% growth in sales in 2011 would be a very conservative forecast."
"We outperform the market by 2011"
Thanks to the good performance of China, Brazil, but also Russia and India, growth in emerging countries amounted to 11.4% in the first quarter. Digital activities alone represent 28.2% of Group revenue (against 27% in 2010). "We do not show much innovation and therefore continue to invest in growth markets such as digital and emerging" quips Maurice Levy. Digital activities and represent emerging elsewhere 48.3% of Group revenue in the first quarter "in line with the group's objective is to achieve 65% of its income on these two segments," says he .
The advertising market, the subsidiary of Publicis, ZenithOptimedia, has yet reviewed this week down its forecast for investment growth in 2011 to 4.2% against 4.6% due to the disaster in Japan and uprisings in several countries Arab. But that does not diminish the confidence of Maurice Levy. "Advertisers have not stopped their campaign, assures the President of Publicis. We found no concern on their part. Their primary concern is the growth, not cost reduction. "
A trust that is found when talking about the second quarter. "The second quarter looks good. The year 2011 will be for its good or very good, "said President of Publicis. We outperform the market in 2011. Obviously, the soaring price of raw materials encourages companies to protect their margins.It may therefore be a risk cutoff of investment from advertisers. But the future is growth. "
Future and it is precisely at Publicis issue, that of Maurice Levy, whose mandate expires Dec. 31, 2011 will be extended. But the president still has not set a date or given any indication as to his successor. "My priority is Publicis. I will remain the necessary time. "
Traffic has become so complicated in Beijing, that the 12th Five Year Plan City (2011-2015) suggests that people "to live near their workplace to avoid congestion." Growth of 35% of the Chinese automotive market in 2010 has alarmed the Chinese authorities, who decided to limit fleet growth in the municipalities of East China (Beijing, Shanghai) this year by eliminating incentives for the purchase small cars.
However, analysts predict this year 10% to 15% growth for the automotive market. "The real question is whether this growth can ultimately provide a potential sale of 30 to 40 million units, vehicles and individuals alike," said Philippe Couderc, a partner at audit firm PwC Consulting.In one study, PwC discusses the difficulties of a political, social and economic, which will face the sector in the Middle Kingdom that qualify, however, that "the potential demand in China remains quite strong, given the disparities of the car density by Region. "
A slowdown is already visible in Beijing
According to figures announced by the China Association of Automotive Manufacturers (CAAM), sales of vehicles in China rose 9.71% to 3.16 million units during the first two months of 2011, compared to the same period last year. For passenger cars, the increase is even slightly higher (+10.5% to 2.5 million units). But compared to last year, this growth is down (-30%).According to CAAM, this decline would be more related to the cancellation of incentives adopted in 2009 by the Chinese government for the purchase of new vehicles. From 1 January 2011, the Ministry of Finance of the PRC has imposed a 10% tax on vehicles with engines of 1.6 liter or smaller engine.
The automobile market in the Chinese capital was also cooled by the announcement earlier this year of regulations aimed at limiting the number of new vehicles. Now the Department of Transportation in the city of Beijing will choose each month among the 20,000 cases filed applications for registration on its site to address them. In 2010, the same number of vehicles was recorded on average each week in the capital! "The backlash suffered by our industry seems inevitable," says a commin Xingya Feng, deputy director general of the Guangzhou branch of Toyota payday advance."We are expecting a sales decline of up to 70%.
Beijing, representing only 5% of the Chinese automotive market is not the only city to have introduced these measures limiting. In Shanghai, where the average wage is about 3,400 Chinese yuan (a little over 340 euros) per month, the license plates are auctioned since 2008, selling between 40,000 and 50,000 yuan (4000 to 5000 euros). This limits the number of new cars registered nearly 8,500 a month. Other measures to reduce the introduction of new vehicles in the coastal cities are expected during this year, according to PwC.
At the conquest of other Chinese regions
However, specialists and manufacturers are optimistic about the outlook for the automotive industry.
The German group Volkswagen, number two in China after General Motors increased its sales by 37% in 2010 to over 1.9 million vehicles and plans to invest 10.6 billion euros between 2011 and 2015 to strengthen its position in the Chinese market. "While the automotive market will decelerate in 2011, we expect a good performance in the years to come," said Karl-Thomas Neumann, CEO of Volkswagen Group China. The group has embarked on building a new plant in Yizheng (Jiangsu Province), which will be operational in 2013 and show an annual production of 300,000 vehicles.
PSA Peugeot Citroen, which produced and sold just over 360,000 vehicles in 2010 on the site of the Dongfeng plant in Wuhan (Hubei Province), remains optimistic about this year.French producer, who holds 3.3% of the Chinese auto market, is the 8% by 2015 and plans to build two assembly lines for cars in the Citroen car factory in Shenzhen Chang'an ( Guangdong Province).
"The automotive industry in China is also a way to show it belongs to a social class," says an industry expert on the Chinese automotive website CAAM. "Where such a desire of Chinese consumers to buy a car." Over the past 60 years, the length of roads in China has multiplied by 46, reaching 65,000 km in 2010.
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Ironically, the hello from Portugal, caught in a financial turmoil and a severe political crisis, could come from its former colony, Brazil, in 2010 became the seventh largest economy in the world, ahead of Italy. "Brazil will help Portugal, as Portugal has helped Brazil economically," said Tuesday after arriving on Portuguese soil, Dilma Rousseff the new president, making his first visit to Europe.
No professional football without modern infrastructure and schools of quality training. While this project is still in its infancy in the least developed African countries, Morocco wants to lead. The country hopes to turn these clubs into limited companies by next September and reach South Africa, Tunisia, Senegal or Algeria to rank African countries with a professional league.
To mark the International Week organized sport for the first time in Marrakech, the Minister of Youth and Sports of Morocco, Moncef Belkhayat and President of the Royal Moroccan Football Federation Fassi Fihri stressed the importance of football in particular as a "national issue and driver of economic development.""But to play its full social and economic role is a structured football that Africa needs," said Vincent Chaudel, communications director Europe, Africa and Middle East at Kurt Salmon, a consulting firm.
In this regard, Africa has more work for the president of the Confederation of African Football, Issa Hayatou, although he welcomed the progress made by Morocco, which he readily describes as "an example for African football. " "Wanting to professionalise football is good, but it requires a disciplined organization," he says. And schedules must be met to optimize working conditions of media and attract business partners. "
"Without our states, there would be more African football"
Because for now the core of private investors remains low in Africa."In Morocco, no bank and no insurer invest in football," said Jalal Hajjou, general manager of Optimum. Because they have no visibility into the return on investment. The new project of the Ministry of Youth and Sports should change the situation. But key players must come together around a table now, not six months from the African Cup of Nations in 2015 (organized by Morocco, Ed).
Suddenly, football clubs are still very dependent on public subsidies. "Without our states, there would be more football in Africa, provides Hayatou faxless payday advance. If they want to become professional clubs must take control and reduce government subsidies. " The example of infrastructure is significant. "Most clubs do not own their stadium, says an expert. They therefore depend on public authorities to use them. "Stadiums that can accommodate up to 50,000 steps and does not fit the profile of pregnant may receive league games. "Africa has few speakers to more reasonable dimensions, that is to say between 10,000 and 20,000 seats especially in less developed countries," says this expert.
"Football in Africa is more a political and economic"
The low inflows coupled with the lack of a disciplined organization also discourages presenters who bemoan a lack of technical means, limiting the broadcasting of matches in quantity and quality. "While football is not professional in Africa, the broadcasters will be more patrons as economic partners," says Njike Jackson, CEO of Canal + Cameroon.And regrets: "Today, football is more a political than economic or social issue."
Consequence: significant differences have widened in TV rights in Africa. When they rise to 30 million in South Africa where the FA is professional, they are close to nil in Cote d'Ivoire, Mali and Senegal. "The total weight of the economy of football in Africa is between 1 and 1.5 billion, equivalent to the economy of football in France," said Christophe Bouchet, former president of the Olympic Marseille.For the former CEO of Sportfive, a company specializing in sports sponsorship, "the success of African football through the mobilization of all stakeholders (sports institutions, government, partners, media), but the central role must be held by the clubs. "
After installing the African Cup of Nations as the third major world football event (after the World Cup and Euro), Africa has shown that he could organize a World Cup. "It remains now to win 'dream President Issa Hayatou.
The tense situation in Egypt did not create panic among French tourists. The Association of Tour Operators (Ceto), tourists visiting Cairo aside, "there are no returns anticipated at this stage but returns natural." Even if all members of the association four to twenty companies have proposed to organize the repatriation. "I got the phone number of tour operators who are willing to make decisions quickly to ensure return," said President of the Union of Travel Agents (SNAV), George Colson. Club Mediterranee announced in particular have chartered a special flight Monday from Taba and took seats on scheduled flights from Luxor to Hurghada and enable its customers to anticipate their return. Thomas Cook meanwhile, decided to keep two aircraft on hand to deal with any possible emergency repatriation.According to figures from Ceto, 6500 French tourists were on Saturday on Egyptian soil. On Monday, they were more than 2000, mostly concentrated in cities along the Red Sea, where the situation is calm, according to tour operators.
Reports or trade
Also apply all of the precautions and have suspended all new departures until Wednesday, February 3 inclusive. Until Friday, February 5 for Fram. "Customers concerned may defer travel free at a later date on Egypt or any other programmed destination and current conditions of the tour operator," Ceto said. "We apply the same measures of compensation for customers unable to go to Egypt for those who could not travel to Tunisia payday loans direct lenders.They can choose to delay their departure until October 31, 2011, or opt for another of our destinations knowing that we will refund the price difference if any, "says one in Marama. To date from 2000 to 3000 the tour operator customers have decided to change their travel, particularly those with holiday dates are not flexible.
New destinations for next summer
Planners, the French also anticipate their summer holidays. Tunisia and Egypt every year, attracting over one million visitors hex. A tourist trade which are beginning to benefit from other countries, too sunny, and offering similar prices. France and the Riviera residing too dear, three destinations have won a great success. "We have seen bookings for Spain increased by 50% and those for Greece and Turkey to grow by 30%," enthuses Marmara.The tour operator said that "the French take it very early this year to book because they fear a run on these destinations and consequently higher prices." He said the desertion of Egypt and Tunisia should nevertheless be short-lived: "When will reopen these destinations, tourists depart. You do not forget the pyramids for any other destination. "
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Dec
25
The news was widely expected. The People's Bank of China, China's central bank, announced on Saturday that a one-quarter point (0.25%) of its interest rates on loans and deposits, as of December 26. In a brief statement echoed by Xinhua, the institution says it will increase lending rates and deposit over one year to 5.81% and 2.75% respectively.
The central bank had already raised last October 19 the rates by 25 basis points (0.25 percentage points), for the first time in nearly three years to fight against inflation and property speculation . This new increase is no surprise. In early December, the Political Bureau of Chinese Communist Party announced a tightening of monetary policy in China.This policy, "relatively accommodative" to date, will become "conservative" in 2011, had warned the governing body. Hu Xiaolian, Deputy Governor of the Central Bank, for its part, said Friday that his agency intended to use several tools to fight inflation and prevent the formation of an asset bubble.
These statements came as the specter of inflation surfaced in China, raising fears of social revolt. Rising consumer prices rose 5.1% in November for the first time in two years, against 4.4% in October and 3.6% in September, while food prices rose 12% a year last month, according to official figures.
Inflation is fueled by the amount of money injected into the Chinese economy since the global financial crisis.Support measures had risen to 4000 billion yuan (455 billion euros) and the government had opened the valves widely credit, while local authorities have set up ad hoc structures to debt and to invest . These investments have created such a surge in real estate prices have weakened and banks. This second rise in interest rates aims to curb real estate speculation by restricting the expansion of money supply and by encouraging savings through better remuneration.
The surprising choice for Christmas Day
In Asia, analysts have welcomed the decision of the Central Bank of China. "The most important weapon against inflation is to raise rates," said Shen Jianguang, an analyst at Mizuho Securities based in Hong Kong, quoted by AFP."The Central Bank needs to do that to gain credibility in its fight against inflation," said Ken Peng, an economist with Citigroup, based in Beijing. Shortly before this announcement, Wei Yao, Societe Generale CIB had considered that "the absence of a further rise in interest rates by the end of the year show that Beijing is reluctant to squeeze (from its monetary policy, Ed), which would be a negative signal for the prospects of the Chinese economy in 2011. "
Basically, the only surprise for analysts has been the announcement date of this announcement. "The choice of Christmas Day is a little surprising," says Ken Peng, Citigroup. "A rise in interest rates is not normally part of the things we listed Santa Claus," said Brian Jackson, an economist at Royal Bank of Canada in Hong Kong, quoted by Reuters."But in the case of China, it is a prudent decision." Prudence, indeed, will be the watchword of the Chinese authorities in 2011. At the annual economic conference, which closed on December 12, they have undertaken to ensure next year economic development "stable and healthy."
(With agencies)
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