By buying in May, 70% share of the capital club for just over 30 million euros, Qatar Sports Investments (QSI) ushered in a new PSG financial sphere. "Lyon brought an offering in February 2007, 28% of its capital to 100 million euros, valuing the club at 360 million, said Vincent Chaudel, expert sport at Kurt Salmon. For its part, the Parisian club would be valued 50 million. Is it more than six times less than Lyon? I'm not so sure.Potential, if only as local, is enormous. "

"Manage your club is good, investing is better"

For its part, the main shareholder of the OM, Margarita Louis-Dreyfus was clear: "I am neither my husband (Robert Louis-Dreyfus died in July 2009 and former owner of Marseille) or Qatar," Has she told the world last October. In other words, it does not align the euro as easily as the Qataris. "Manage your club is good, but it's better to invest a club like OM, which is dependent on the income earned by the Champions League. And if he does not qualify for this competition, losses can reach 20 million. Which, for a budget of 140 million, is not negligible, "said Vincent Chaudel.

Today, the colorful businessman, actor and son return to the front of the stage. Their new project? Redeem the U.S. site online poker, Full Tilt Poker, which was still number two global market last year with 4 million active players, half out of the United States. "It was then after-tax profits of about $ 150 million," says Bernard Tapie in Figaro.

Attention GBT (Groupe Bernard Tapie) would not be alone in this.It would provide only 5 to 10% of $ 80 million needed to use this company. The other shareholders are primarily interested in American casinotier diversify into online poker. Financially, Tapie have the means to their ambitions. Longer insolvent, the former president of the OM was compensated in 2008 to 220 million euros in the case that pitted for fifteen years at Credit Lyonnais in connection with the sale of Adidas. And now his fortune is estimated at 260 million.

However, the case against Full Tilt Poker is far from complete. "In one month to six weeks, we will decide with our partners if we acquire this site," suggests Bernard Tapie. This file is exceedingly complicated. The site has been closed since April 15.

To: "Rigorous, that means we are trying simply not to spend more than we earn, defended Gilles Carrez (UMP), General Rapporteur of the budget to the National Assembly. This is still the least serious. It's been 35 years since we spend more than you win. "

Cons: Attention Cycle "infernal restraint, lower growth," warned the Socialist Michel Sapin, close to François Hollande.(…) Must be avoided that there is more possibility of moonlighting. "

More broadly, the self-entrepreneurs fear that their services are subject to VAT, which would increase the cost to the customer and complicate their efforts. "If the specific regime of VAT on maintenance, repairs had to be increased from 5.5% to 7% to meet the economic challenges in Europe and that of the euro", the Union of self entrepreneurs ( UAE).

• Taxing more large companies

To: The boss of bosses Laurence Parisot is not opposed to the principle: "It is possible to consider things temporary, exceptional measures, time adjustments. But we must not imagine a device that would be sustainable.

"Economic growth is currently facing a more complicated on both external and internal plans," said the spokesman for the National Bureau of Statistics (NBS), Sheng Laiyun commenting on the growth of China. In fact, Chinese exporters are beginning to suffer from particular sovereign debt crisis in Europe, their largest market, a difficult economic situation in the United States.The Chinese economy is also impacted by rising wages and strong yuan, has appreciated by 7% in a year against the dollar. "The number of factors of instability and uncertainty increases," says Sheng Laiyun.

The concern weighing on Europe

In this context, the correct figures for China's industrial production have gone unnoticed. This has increased by 13.8% in September year on year, according to BNS.

In addition, concerns about the debt crisis in Europe grew yesterday and weigh Surles markets payday loan lenders. The German Minister of Economics Wolfgang Schäuble has indeed warned that the EU summit to be held in Brussels Sunday will not lead to a definitive solution to the debt crisis. And, while the central bankers of the euro zone had promised a response "comprehensive and lasting peace" to the crisis at the G20 finance this weekend in Paris.

China Eastern Airlines to Hong Kong and Tepco

On the corporate side, China Eastern Airlines (-9.82% to 2.57 Hong Kong dollars) on Monday announced an agreement to acquire 15 Airbus A330 family for a selected list price of $ 2.5 billion, for delivery between 2013 and 2015.

The action of the firm Olympus camera dropped by a further 8.87% to 1.417 yen to the Tokyo Stock Exchange, bringing to 43% since the sudden collapse of his dismissal Friday of its British CEO accused of mismanagement President Honorary Japanese company.

Note that Tepco, the operator of the nuclear accident in Fukushima, yields 1.38% in Tokyo, after asking the first tranche of public assistance of some 700 billion yen (6.7 billion euros) for finance part of the compensation of victims, according to Japanese media on Tuesday.

On the front of currencies, the euro rose 0.28% to 1.377 dollars on Tuesday. Oil is meanwhile down in Asia after the confirmation of a slowdown in Chinese growth in the third quarter against a backdrop of skepticism about a speedy resolution of sovereign debt crisis in the euro area. The barrel of "light sweet crude" for delivery in November, up in the early electronic trading, lost 9 cents to 86.29 dollars, around 6:00.

The government, which did not include this option in the first place, now says not to exclude the idea. "It is the wishes of the parliament, we will discuss," said the spokesman of the government, Valérie Pécresse, on the set of Canal + on Thursday.

The stakes are high for the government because the sugar-free drinks, but with sweeteners that give a sweet taste, is increasingly consumed.Today, they account for 17% of the soft drinks market with strong brands like Diet Coke or Coke Zero.

No figures have yet been provided about the extra tax revenue that would generate this new amendment, if adopted in plenary session. The previous amendment adopted by the Finance Committee of the National Assembly, to double the amount of tax, also remains to be validated by all the members. By itself, it could generate a windfall estimated at 250 million euros a year, instead of 120 million euros initially planned. The rate of contribution on the sodas would be increased to 6.22 euros per hectolitre in 2012.Then he would be raised from the beginning of 2013, to January 1 of each year, at a rate equal to inflation (excluding tobacco) in the penultimate year.

Support the agricultural sector

As announced in the Figaro, the objective of this expansion drinks with sweeteners is to finance the lower cost of agricultural labor "to allow our farmers to sell their products at the same price as Germany and Spain" explains Valérie Pécresse. The government has in fact reduced in 2012 from 210 million payroll taxes on permanent farms. The tax will be reviewed and corrected to about half.

The industrial problems digesting the news. "We said from the beginning that it was normal to participate, provided that everyone involved in the fight against deficits.Simply, we do not want to be the adjustment variable of all the deficits that pass and on which we have not much to see, "said Jean-Rene Buisson, president of the National Association of Food Industries (Ania ). The doubling of the tax sodas would, he said, an estimated increase "between 0.2 and 0.3 cents" per can.

No problem for Michel Diefenbacher UMP (UMP): "These drinks, which are not basic necessities, benefit from the reduced VAT rate.They must be able to withstand the additional load generated by this new contribution, "says he in a sub-amendment.

But for now, nothing is yet definitively confirmed nor on the doubling of the tax, nor about its extension to drink with sweeteners.

End of aspartame in system U

The distribution group Système U has chosen to abandon the use of aspartame in soft drinks sold under any brand, starting in January. For the first time a manufacturer makes such a decision. This choice responds to the concerns of the European Food Safety Authority (EFSA) on the effects of this artificial sweetener.

Système U has already banned the use of parabens in cosmetics and Teflon in cookware. Its chairman Serge Papin, expresses his desire to "become a leader in healthy products."

ALSO READ:

"The tax on soft drinks industry reacted

"GAME NEWS – Target budget: Drive the finances of the state

"INTERVIEW -" A day of natural fruit is as sweet as a soda "

Geraldine Rieucau – No, of course. Recruiters are not disrespectful majority of candidates. Otherwise, they failed to provide proper offers. As everywhere, there are good and bad recruiters. But even if we should not generalize, this documentary is still evidence of practices that exist: infantilization of candidates, the will to destabilize the discrimination of certain profile, a contempt for the job seeker is attitudes that we observe, more and more.

Why?

There is always a balance of power between the recruiter and the candidate. The nature of recruitment created an inequality between the two parties. But several factors have increased the imbalance.The economic crisis first, which has intensified competition among candidates, and allows the recruiter to demand more from them.

And then for various reasons, recruiters are placing more and more importance to the personality of the candidates, so that this criterion sometimes takes precedence over qualifications and skills. And the grounds to see how a candidate is resistant to pressure, some were quick to destabilize or to make uncomfortable.

Consequence of these two factors, the motivation of the applicant has become an essential criterion payday advance low fees. But behind this concept, what the recruiter wants to know is whether it will be often enough finally available and ready to work overtime, etc..

Recruitment firms are more they implement these bad practices?

No, I do not think so. An employer, an HR department is just as likely to skid.But it is true that firms, whose service is costly, are often called upon to fill management positions in CDI. The recruiter will then spend more tests, more pre-select candidates … But be aware that less than 3% of hires are made via a recruitment agency. Conversely, 40% are the result of an unsolicited application.

The discourse on the fight against discrimination mean in reality?

For 10 years, recruiters are clearly more careful not to discriminate on criteria visible. But there are forms of indirect discrimination that persist and are very difficult to control. When an employer requires its future employee lives near his work, for example.

Overall, large firms have more ways to avoid discrimination.This often led to further standardize recruitment, to centralize procedures. The human resources sector has benefited: the U.S. example, the size of the sector and the influence of RH increased sharply with the policies of "Equal Opportunities".

David Cameron is well echo the words of Barack Obama, who had created great excitement in the European ruling class last weekend.Europeans "through a financial crisis that frightens the world," declared U.S. President who is critical of the inertia of the Old Continent: "They never really occupied the challenges facing their banks," he explained.

Sarkozy-Merkel meeting

Both critics respond course to domestic policy concerns. Faced also with a very fragile economy, David Cameron and Barack Obama have a field day to continental Europe as a scapegoat. Still, they express anxiety was widely distributed across the planet. Meetings of the IMF and the G20 a week ago in Washington were the sounding world. "Europe is at a critical moment in its history.(…) If the decision comes too late, some members of the euro area will leave, "commented Saturday the People's Daily in China, setting the tone of urgency that the entire planet seems to inspire European leaders.

In the economic sphere too, the difficulties of the euro area crystallize the fears. What happened to Friday on Wall Street the big U no fax cash advance.S. bank Morgan Stanley is a striking illustration. Its action was unscrewed from 10.5% in a session on rumors of "exposure" to European banks.An "unofficial source" had to say that Morgan Stanley was exposed either to France or to its banks, the same tone that he employed was not so long on the market to talk about the subprime and other toxic assets! Also appear as irrational and epidermal such reactions, they show how much confidence moved against investment in the euro area.

It is therefore under considerable pressure that EU leaders will engage in an October "marathon". The meetings of finance ministers from the eurozone and the European Union on Monday and Tuesday should not be decisive. The meeting between Nicolas Sarkozy and Angela Merkel planned-probably 9 – will be much more. The Franco-German partnership will give "the" strategy of the euro area, for the top 17 and 18.With three main points on the menu: the treatment of Greek case, the strengthening of capacity of the European Financial Stability Fund, and the terms of consolidation of the banking sector. Part of this last chapter, however, also be written by the European Central Bank, possibly as early as its meeting on October 6. Indeed we expect the ECB to provide more oxygen to the banks as loans at least one year. Europe, she was again meeting with the rest of the world, November 3, G20 Cannes.

ALSO READ:

"Greece: Papandreou receives Sarkozy

"SPECIAL – Depression, fear of debt

The FIGARO. – Germany and its industry turning its back on nuclear power. Do you regret that choice?

Bernard BIGOT. – The German decision is final. The choice of Siemens, it makes sense: even a very large international company has no choice but to follow the policy direction of his home country. Yes, of course, we regret this shift: the nuclear returned to 20% in the German energy mix and it will therefore increase the use of fossil fuels to make up the loss. The need for electrical interconnections will also grow to increase import capacity, which will weigh even more on costs.

The cost of this decision has recently been estimated at 250 billion euros for Germany.What would happen if France were to make the same choice?

It is quite normal that the competent institutions are seeking to quantify the opportunity cost from the current nuclear power generation for everyone to measure the financial consequences of the choice that was made out of nuclear power in 2022. We must examine the assumptions, but the figure quoted seems a reasonable order of magnitude. As for France, whose nuclear is more than three times larger than the German fleet, I believe that at this stage, no figure can reasonably be argued, because alternative resources are not the same . The impact may be even heavier than the simple application of a rule of three.How much is an open question.

Is it possible however that the French nuclear production back?

Our country has decided to preserve its energy independence as much as possible, and nuclear power contributes significantly. In 2003, energy imports have cost 23 billion euros to France, or 10% of its export income, all economic sectors. In 2010, this figure rose to 48 billion, or 25% pay day loans. This year, we should surpass the 60 billion. Suffice to say that without nuclear energy costs explode in unprecedented proportions. This does not mean that we should give renewable energy: in the next five years, CEA proposes to double its budget and staffing in this area, respectively, to the tune of 300 million euros and 1,800 people.The government wants the CEA adopts renewables the same approach as for the nuclear namely stimulate research and encourage the emergence of powerful industrial sectors.

In addition to France and six months after the catastrophe of Fukushima, the world nuclear power is still flickering it?

Such an accident in a large industrial country known for its industrial skills was seen as a legitimate shock wave in the world. Today is the time for questions: what are the reasons for this catastrophe on the one hand, how to protect the other. Meanwhile, a barrel permanently installed above the $ 105, the differential change unfavorable to consumer countries and the strengthening of climatic requirements lead to the need to maintain nuclear.All countries are conducting security audits: complementary investments in facilities that should result in increase their robustness.

The first reports on the stress tests suggest they think that plants are safe?

Two points can be distinguished. First, the facility design: it shows a good resistance in most countries, which involve changes at the margin. However, the chain of exploitation, which covers both human organization that the reaction of the authorities, should be carefully checked to ensure that safety is ensured at all times. In Japan, it was deficient, and valuable time was lost: 100 m³ of water per hour, that is to say a quarter of a fire truck, would probably permit the early hours of to avoid radioactive releases into the air.

The Europeans hoped "a dialogue between friends," the Americans had "no arrogance." Las. With the destabilization of markets and growing concern on both sides of the Atlantic, the U.S. Treasury Secretary, Tim Geithner, could not resist lecturing his seventeen counterparts in the euro area gathered Friday to Wroclaw (Poland).

The relief provided by five central banks – including the U.S. Fed – banks in the euro area will not long concealed the absence of concerted policy response to the crisis. On behalf of the Europeans, the President of the Eurogroup Jean-Claude Juncker declined projects Tim Geithner, citing "differences in approach with our American colleagues."Treasury Secretary, he has put his finger where the euro hurts: he publicly expressed concern "of the conflict between governments and the European Central Bank," a week after the sensational resignation of the Chief Economist of the ECB .

Barack Obama's America, soon launched a presidential campaign, fearing a collapse of Greece, a contagion to European banks and a possible fracture of the euro area. If the crisis deepens, it is the U.S. economy would suffer the backlash, shock reverse of that which had hit Europe after the collapse of Lehman Brothers in 2008.

The first message in Washing-ton is to push the Europeans to speak with one voice and act decisively. "Governments and the Central Bank should work together (…) to avoid catastrophic risks for financial markets," said Treasury Secretary.And he insists, denouncing the cacophony that destabilizes the common currency: "Everyone should also abstain from loose talk about the end of the euro area." Targeted: the proponents of expulsion from Greece …

Denial of a tax on financial transactions

The unprecedented invitation launched by Poland – host country because currently presiding the EU – Timothy Geithner had anything to embarrass, in turmoil, the finance ministers of the euro no fax payday loan. We saw Baroin host the head of U.S. Treasury of a strong handshake in Wroclaw. But the Euro has carefully kept at a distance. He has not formally participated in the circle, but a "preliminary conversation" about an hour. Contrary to custom, he did not sent to journalists.To tell his truths to Europe, he preferred an audience of bankers in another part of town.

Some did not take gloves to say that Europe has no lessons to learn. The United States, collapsing under the deficits should put their own house, says the Belgian Didier Reynders. "America has nothing to dictate when the person refuses flatly our suggestions," added the Austrian Maria Fekter. It is true that Tim Geithner repeated Friday his opposition front to the tax on financial transactions carried to Paris, Berlin and Brussels.

Decisions deferred

For the second time in eight days, Treasury Secretary left Europe empty-handed. Friday, the Europeans have made a face at her suggestion to "leverage" means the EFSF, the bailout fund for countries of the euro in difficulty."This is not a subject that is discussed with a country outside the EU," Jean-Claude Juncker meant. Same end of inadmissibility of the American idea of ​​supporting the growth of public funds "even a donkey does not stumble twice on the same stone, 'says Didier Reynders, convinced of the urgency to fight first against the deficits.

For the Americans as to Europeans, the European event in Wroclaw ends with a disturbing sense of incompleteness, even for emergencies. The Eurogroup has pushed to mid-October a decision on payment of 8 billion euros to Greece. He did not reach an agreement on guarantees that Finland requires Greece.

Moreover, the prospect of a default of Greece begins to be taken seriously by the markets. Including information from a German newspaper Der Spiegel, which said that Berlin was preparing for the possibility of bankruptcy of Athens, information denied by the Greek Minister of Finance.In this context, Greece has promised two billion euros in additional savings, without, for now, calm the markets.

Oil was also down sharply

Other Asian stock markets follow the downward trend of the Nikkei. The S & P / ASX 200 in Sydney lost 3.31% to 4055.90 points. The BSE Sensex of Bombay loose 1.62% to 16,593, 30 points and the FTSE Singapore Straits Times down 1.29% at 1450, 10 points. Note that the Stock Exchange in Seoul, Shanghai and Taipei are closed on Monday.

The oil also appears in sharp decline. In electronic trading in the morning, a barrel of "light sweet crude" for October delivery lost 1.23 dollars to 86.01 dollars per barrel of Brent North Sea crude for October delivery at $ 1.02 111 $ 75.

On the foreign exchange market, the euro fell to its lowest level in a decade against the yen.In Asian trade, the euro fell to 104.90 yen, the lowest since July 2001. It is then rise slightly and was worth 105.32 yen at about 3 am, but was down to its listing in New York Friday to 23 hours (105.91 yen). The euro was also down sharply vis-à-vis the dollar at 1.3594 dollars around 3 hours, against 1.3649 dollars on Friday to 23 hours.