Archivio per la categoria 'international'

Few women on boards of directors

 

Only one company, Publicis, shows a perfect parity between men and women. "The Lady-boom run out of steam already?" Asks Caroline to Marnierre, president of Capitalcom by identifying the number of women who will be entering this year in these boards. A total of 17 women will be appointed at general meetings of shareholders, which is twice less than in 2011 (33 women), according Capitalcom. "The 2012 vintage is characterized by a marked weakening of the dynamics observed in 2011," the study said. "Increasing diversity is mainly due to the increased number of women holding more money."

Slow progress

The law provides that Cope-Zimmerman boards must include 20% women by 2014 and 40% in 2017. She timidly begins to bear fruit: the board will count 23.4% women on average this year, against 20.8% in 2011 and only 8.5% in 2007! And 27 major groups on the French side have already fulfilled their obligations for 2014.

In a quarter of them, the rate of mixing is even greater than 30% (BNP Paribas, Bouygues, Credit Agricole, Publicis, PPR, Safran, Societe Generale, Total, Vallourec and Vivendi). Although still scarce, women are increasingly involved in the boards, the study notes, which is "evolution in the number of women who chair a committee (33%)."

Who are they? They averaged 55 years and are mostly French (63.64%). The CAC 40 also account for 7.3% and 6.4% American administrators of the British.

Despite little progress this year, the mix of boards should gain ground in the future. Especially since the European Commission intends to introduce quotas for women on boards of directors and supervisory boards.

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Paris is more committed to the survival of the euro as Berlin

 

Angela Merkel to hold the said it is preparing to receive the head of state in Europe who feel most attached to the euro. If it should remain a single country in the single currency – strange paradox – it would be France. While London bookmakers have stopped betting on an output of Greece, both in their likelihood seems strong (4 against 1), France is the country where the probability of abandonment of the single currency seems most low, with a score of 20 against 1. Our risk of secession is smaller than that of Germany (14/1) and a fortiori of Spain (12/1).

Without being scientific opinion of the bookmakers perfectly expresses the historical reality. It was François Mitterrand, who had pressured Kohl to waive its Deutsche Mark, symbol of German success, and not vice versa. And now the fear of Germany going it alone is not negligible.

The Judgment of Solomon

This is certainly not an asset but to enter a negotiation being as attached to the object of bargaining. In the judgment of Solomon, the true mother would rather give up her child rather than see it cut in half as we offered him. Lionel Jospin had experienced to his cost in June 1997, when he requested a trustee appoint a growth component in the Stability Pact. This was done in terms of the Treaty of Amsterdam – the city from the top – where you added "and growth", a mere rhetorical flourish. And a few months later, when a new record for employment in Luxembourg, the "socialist left" vain declare that "social Europe deserves a euro crisis," the threat was empty guaranteed cash advance.

This time the chances of reaching a "compromise" in the words of Pierre Moscovici, the campaign manager Francois Hollande, are much greater. Unlike the summer of 1997 where she had already begun a recovery, the European economy is in recession. Face a fundamental problem that it does not deny, Angela Merkel has also taken the lead. Of the six points it offers (see above) are the "projects bonds" financing investment projects. The kinship is more than semantics with the "Eurobonds", aimed at pooling, in part, public debts … and that excludes Berlin.

In the French camp, Michel Sapin, a bright future ministry, just recognized the dangers of renewed worsening deficits and debt. This concession to the Chancellor will she meet up at any price schedule of deficit reduction, or do we give to the freeze?

At stake is the reputation of a "Holland, Roosevelt again for Europe", the socialist economist Thomas Piketty, apostle of tax benefits, strives to accredit Urbi et Orbi. But do not forget that New Deal also includes structural reforms. This component is part of the negotiation that engages in Europe, as evidenced by the fact-finding mission that has just visited Brussels to Paris, as well as in eleven other European economies face obvious problems of competitiveness. Its findings will be formally presented on May 30

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Many poor children are in Paca

 

Paca, Ile-de-France and Rhône-Alpes. It is in these three regions experienced more than one third of poor children in France, according to a study by the regional social observation device (Dros). The rate of children living in families with low income was 29.1% in PACA, 21.5% among Parisians and 20% in the Lyon region. Paca, the rate rises to 44 and even 45% in Marseille and Avignon.

This study, conducted primarily using data from the family allowance funds (CAF), shows that parents have very low incomes, about 671 euros per month or 300 euros less than the low income threshold. All depend very heavily on aid from CAF (71% of cases Paca, 66% in the Ile-de-France and 65% in the Rhone-Alpes). Another trend revealed by this survey: the majority of poor children live in single parent families. Paca, 52% live with one parent against 45% in the Rhone-Alpes and 21% in the Ile-de-France.

Difficult living conditions

The study shows that for these children and their families, housing conditions are often extremely difficult, marked by overcrowding, poor heating and insulation, unsafe fast payday loan no faxing. Interviews with these children cite the example Paul, 10, who says his older brother sleeps in the closet "because it is high, he wants to have his privacy." Remarkably, less than half of poor children live in social housing. Paca, they are only 39% to live there because of the weakness of the regional park, with only 56 social housing units per 1000 inhabitants.

Researchers believe these children from poor families "like all other children, before being marked by poverty." They seem unaware of their situation they see as "normal" and not unfair. With age, however, things are changing. These children, who regard their parents with "respect and admiration," are very fatalistic, the researchers said. "The more they get older, more reality imposed upon them," says the study.

(With agencies)

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Geodis maintains its takeover offer

 

The CEO of Geodis would flip-flop. According to Libération on Monday, the freight subsidiary of SNCF should ultimately maintain its takeover offer Sernam. "I say again very clearly that we have made an offer with the intention to resume Sernam. [...] We will present in court Tuesday, "assured the head of Geodis, Pierre Blayau.

These comments contrast with those held this weekend in the columns of the Sunday newspaper. Pierre Blayau there considered "not dramatic" the hypothesis of a carrier's bankruptcy. And remember that Geodis accompanied its takeover offer on two conditions.

The first, on the € 642 million illegal aid demanded by Brussels, has been fulfilled. The European Commission agreed Wednesday that the buyer does not inherit Sernam the repayment obligation. But the second, concerning the financial health of the carrier and the state of its cash, however would default. Geodis claimed that Sernam to work only for 30 to 45 days, which would require a cash of about 30 million euros.

Government pressure

Earlier in the week, Pierre Blayau, who considers the financial position of Sernam very poor, had signified to the unions that the recovery was compromised. "It made us realize that it will not be able to maintain its offer," explained Alain told AFP Wednesday Delpuech CGT carrier. According to Libération, Pierre Blayau has even said that the resumption of Sernam could "endanger jobs at Geodis."

For the newspaper, citing several sources, only pressure from the government would explain the reversal of Geodis. "The Elysee has called this weekend for Blayau maintains its offer," says a source close to release the file.

The transport minister, Thierry Mariani, has so far invested actively in this matter. The effect of the liquidation of an enterprise of 1441 employees on the eve of the presidential election is considered disastrous. The Commercial Court of Nanterre travel Tuesday its decision on the future of Sernam.

Based in Amsterdam, Air France would save

 

If Air Mediterranean, the French company in difficulty which had relocated to Greece part of his job by creating a local structure, is the perfect illustration of what is wrong with the management of aircrew in France, according to members of the Federation National aviation market (FNAM). Thursday, members of the employers' organization presented a dozen proposals to candidates in the presidential election.

The first of these is to reduce labor costs in the airline industry for companies based in the Hexagon. "Once a company is engaged in a third country with fiscal conditions of the country of origin, the competition promotes the competition governed by social charges and taxes lower," regrets Pascal de Izaguirre, president of the Economic Committee of FNAM. The French sailors cost 20% more on average than elsewhere in Europe, according to Lionel Guerin, President of FNAM.

To restore the French flag in the skies over Europe, members of FNAM require "a shift in the social security contribution base of other taxes and a reduction of employers' costs especially for the sailors, pilots, hostesses and stewards. " Clearly, the French companies require a social framework "harmonized" to address critical gaps between European countries. "In return, we could expand our business and create jobs," says Pascal de Izaguirre.

Maintaining night flying

Air France made its accounts if the company was based in Amsterdam, it would save 750 million euros due to the difference between the tax and benefit systems between France and the Netherlands. "The goal is to avoid seeing happen in the air what happened in the shipping industry where employment is now completely relocated," says Lionel Guerin, also CEO of Transavia, a subsidiary low -cost airline Air France. The answer candidates for this proposal is surprisingly consensual. Nicolas Sarkozy's advisers have estimated that this track orally should be studied. For his part, Francois Hollande replied in writing that "state aid and tax breaks" should go "to companies that invest in our country, who will locate their operations. However, it is clear that future developments should respect the need to balance our accounts. "

Among other proposals, the decrease in security tax, currently borne by passengers; the establishment of a European regulatory framework facing international competition to avoid the payment of state aid in favor of certain carriers, maintaining night flights, easier access to hub airports, but also investing in research to prepare energy developments.

Members of FNAM, who had already launched similar proposals five years ago, hoping this time to be heard. "At the time, Air France and other companies were going well, the price of fuel was half the price … Today, we take the alarm. In five years, we can not say that we had nothing planned, "says the chairman of TUI France.

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Mariano Rajoy faces its first general strike

 

One hundred days after his inauguration, Mariano Rajoy faces Thursday its first general strike in Spain. "Hundred Days, hardly!" Are offended tenors of the Popular Party (PP, right), the formation of the head of government. "The strike, finally!" Meet the basics of trade unions, eager to do battle. For the past three months, government and workers' representatives to look into daggers.

In recent weeks, Comisiones Obreras (CCOO) and the Unión General de Trabajadores (UGT), the two largest unions in the country, have organized two events before calling a general strike. The leaders admitted bluntly: it was first to count.

In the crosshairs of unions, labor market reform, adopted by decree on February 9 and described as "extremely aggressive" … by the minister of the economy itself!

Javier Doz, Head of International Relations of CCOO, summarizes the two main objections to the reform: "First, this law flexibilized layoffs and cuts costs. Second, it greatly weakens collective bargaining. "The government says it is to encourage hiring by offering less restrictive labor contracts. The argument is scanned by Doz: "Since the adoption of the decree, unemployment has continued to grow."

"A stroke of genius!"

The executive, in turn, paved the way. A short sentence illustrates this perfectly. It was in Brussels on 31 January. Mariano Rajoy attended his first European Council. Prior to opening the meeting, he met with his Finnish counterpart and brags: "The reform of labor law will cost me a general strike!" Rajoy then displays a satisfied smile. Barely a month after taking office, the standoff between the government and unions had already begun.

"A stroke of genius!" Can not help admiring Pablo López Calle, professor of sociology of work at the Universidad Complutense de Madrid. "It's Rajoy himself who called a general strike! It presents the mobilization as a sign of his political identity, "he decrypts. Proof of its determination, in short.

For unions, in any case, the day will be a test. In a country affected by an unemployment rate of 23%, fear of losing his job well anesthesia claims. For several weeks, unions must also defuse a series of controversies echoed by the conservative press. A leader of UGT, for example, was accused of receiving tens of thousands of dollars from the Caja Madrid, a savings bank the largest in the country. In reality, the money is paid to each member of the Board and shall be returned to the union. "This is a campaign to discredit us," considers Doz, denouncing "personal insults".

The challenges of Spain

Mistrust vis-à-vis trade unions, however, goes beyond the usual political divisions. During the demonstration on 19 February, for example, indignant movement of May 15 had joined the workers' representatives. But these indignados had organized their own parade. "Thanks for coming!" They sang at the CCOO and UGT. One way to criticize the supposed slowness of their response. "¡No representan our" ("They do not represent us!") Cried others, usually reserved for a political slogan.

Conversely, unions are wary of calls from the foot of the Socialist Party (PSOE). The leader of the PSOE, Alfredo Pérez Rubalcaba, does not hide his strategy: "The PP has shown with the bishops (an allusion to the protests against gay marriage or abortion), we, we demonstrate with the unions." These latter, however, still marked by the austerity measures of José Luis Rodríguez Zapatero, the Socialist prime minister post. "In recent events, says Lopez, union leaders have done everything to prevent the Socialists are at the forefront." The Socialists, requinqués by an unexpected election victory last Sunday in Andalusia, intend to transform the test.

Beyond the likely battle between unions and government figures, the point lies elsewhere. Condenses into a general strike the next day challenges of Spain. On the one hand, the government Rajoy wants to kill the rebellion in the bud, establish his austerity program and ensure social peace by force of his majority. The other, the parliamentary opposition and trade union seeks to rise from the ashes.

If you ride a lot, go to Venezuela

 

While fuel prices going from record to record in France, a study by German GIZ revealed by Challenges, shows that the French are not the worst off. Every two years, this independent economic research firm analyzes the price of gasoline and diesel in 170 countries. The experts come to update some of the results to reflect the surge in oil prices. The barrel has indeed increased by about $ 20 since the last measurements in 2010.

According to the survey, the price differences among countries are unprecedented. Gasoline is cheaper and 112 times in Venezuela, where it costs 0.17 euro per liter, as in Turkey where it reached 1.91 euro per liter, and 88 times cheaper than in France (1.50 per liter on average).

Subsidies and taxes are the difference

To explain these price differences, GIZ identified four groups of countries. The first category includes all states like Venezuela disconnects the fuel price of one barrel of oil through grants awarded to distributors. It is only country in the top 20 oil producers like Venezuela, Iran, Saudi Arabia, Qatar, Kuwait, Algeria, United Arab Emirates paydayloans. The price per liter do not exceed € 0.38.

The second set also includes oil-producing countries but the subsidy policy is less aggressive. Accordingly, the fuel price is a little higher, but remains below the market price is around € 0.58 and a liter as in Nigeria, Kazakhstan, Angola or Sudan.

In the third category, however, there are countries whose tax increased the price of a liter of petrol above the market price. This is the case of the United States, China, Russia or Brazil. The fuel is sold from 0.64 to 1.04 euro per liter.

The last group consists of states where governments have established a strong fuel tax. This is true of all countries of the European Union, Switzerland, Turkey but also in poor countries such as Eritrea and Rwanda. At the pump, the price is greater than 1 euro per liter.

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Air: Corsair goes upmarket without spending too

 

Corsairfly becomes … Corsair International. "A change but not revolution," agrees Pascal de Izaguirre, CEO of the airline of TUI. The leaders of the giant European Tourism chose a facelift to revive the company acquired by Nouvelles Frontieres in 1990 when Jacques Maillot was at the controls. At the time it was called Corse Air International

.

Everything has changed since: the German TUI shareholder meeting in France Marmara Tourinter, New Frontiers and renamed the airline Corsairfly stripped a quarter of its workforce … He has invested hundreds of millions of euros to transform the old a charter company whose regular cabs devices have been fully refurbished mid-2013 with a budget of 36 million euros.

Financially, the subsidiary of TUI could not afford a complete change of name: "Rather than spend a fortune to switch brands, it is better to devote resources to what the customer appreciates the ground or on board" , says Pascal de Izaguirre CEO of Corsair International.  

Erase the image and low-cost charter

A budget of 2.5 million euros will be spent on change of visual identity (logo creation, uniforms, aircraft painting). The first plane scratched white and blue logo of the retro graphics will be delivered in July. The other six, including two new A 330 will follow until mid-April 2013.

But another reason is given by the CEO of Corsairfly to explain the lack of boldness in the choice of name: "The Corsair brand is extremely well known. Hostesses and stewards are known to be friendly and smiling. "The old company Nouvelles Frontieres is certainly an image associated with cheap, but also a Spartan comfort.

"Corsair will celebrate its 31 anniversary this year, little known company such longevity, defends Pascal de Izaguirre. Many have disappeared, new arrivals are. We remove the "fly" but also the name of "smiley" logo TUI, not to hide our group membership, but to erase anything that might suggest the charter or low cost. "…. ….

The team of TUI wants to play the card of elegance, high quality services, while remaining competitive on price. The number of seats "open sea" (comparable to a business class) increases from 24 to 36 in the Boeing 747 and 18 to 26 in the A 330. "We have invested heavily in-flight services, airport lounges to Orly, Pointe-à-Pitre and Fort de France, and soon the meeting …"

New destinations

The relaunch of the company scheduled two years ago falls to one of the worst periods through which the world of air: the rates are low while the cost of jet fuel has stabilized at a very high level that weakens companies.

"This does not undermine our vision and direction, says the CEO of TUI France. We are currently addressing the structural problems of the company and it is not challenged by economic factors. TUI, our shareholder, has powerful resources. He made a choice that takes the long term. "

Corsair International will also review its destinations in September, the company will cease to serve Miami. Instead it will open a line to Punta Cana in the Dominican Republic, a destination that has grown 15% since the beginning of the year.

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Baudecroux "NRJ has the ambition to surpass RTL"

 

Four years after the return at the helm of Jean-Paul Baudecroux, indicators of the NRJ Group are green. The station NRJ has returned to the second radio station in France and the pole made of TV NRJ 12, NRJ Paris, NRJ Hits has reached equilibrium. In 2011, NRJ Group posted a turnover of 377.5 million euros (+9.9%) and net profit of EUR 45.6 million (41.2%).

LE FIGARO. – In 2011, the results of NRJ Group rebounded. The dark years are erased?

John Paul BAUDECROUX. – This is the result of hard work on our four radio stations and our television. The sales grew faster than the market thanks to the work of our national and local advertising. Finally, careful management has allowed the net to rebound by 41%.

NRJ can it become the first radio station in France?

We aim to exceed legitimate RTL. I dream that the first radio station in France is French. NRJ collects 6 million listeners a day and all of our stations cumulative 12.13 million listeners per day. The bulk of the work of registration stations has been done and now there are some settings that will bear fruit in one year. On the station NRJ, all our slots have grown and Cauet, in the second season, capitalizing on its success. The morning of Manu made good scores and produce its full effect next season. He signed a contract for two seasons.

After seven years, the television division is finally balanced?

If the end of the year was better, the television division would have made money instead of just at equilibrium. Our channel NRJ Hits became the first music channel on cable and satellite and NRJ 12 is now the third TNT channel, behind TMC and W9 with an audience share of 3.8% on the target of 15-34 years.

Finally, you win money, why would reinvest in a new DTT channel?

Because I like to develop projects and we are not here to make financial transactions on the frequencies. As entrepreneurs, we prefer to construct heritage assets online payday loan lenders. If the Higher Audiovisual Council gives us an additional string, we will invest 110 million euros over five years. But that will strengthen our position in the advertising market. And, more importantly, it will devote our role as the fourth operator private broadcasting French. NRJ 12 already, we just launched the production of a daily French fiction whose 1st release is planned in September. The CSA has the option, giving us a new DTT channel, to rebalance the French media landscape in terms of advertising support for audiovisual production and pluralism around four main actors sound and sustainable.

You have submitted three projects announced chains but you have a preference for Darling HD. Why?

The President of the CSA and a counselor I have questioned my preference and I answered with complete transparency. But if the CSA gives us another channel, we will accept it as our three projects-My NRJ, Chérie Nosta TV and HD are all worthy projects. However, Cherie HD, feminine chain, a target audience of 25 to 49, which corresponds to that already addressed by our advertising. This will allow then to consolidate his power. Above all, we believe that our chain is the female who best meets the public expectations on TNT.

Your broadcasting subsidiary Towercast is it still for sale?

Towercast, which ensures the broadcasting of digital radio and television, thrives, conquered about 20% market share and posted strong profitability. And with the arrival of six new DTT channels in high definition, the broadcast market will continue to rise. We hope to enjoy. However, this asset is not in our heart of business and if an investor offers us a good price, I will examine the proposal.

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