Sotheby's auction of old vegetable

Even Sotheby's, all recipes are good for boiling the kettle. On 23 September in New York, establishing world-class sales, which usually dispersed collections of paintings or jewelry the most prestigious, will auction … vegetables. But not just any old vegetable he will, almost extinct varieties of pumpkins, pumpkins and eggplants with the production, organic of course, is essentially American. Farmers in several states are currently pushing so valuable prizes. Simmered meals by top chefs and baskets will also be awarded.

Funds raised during this sale, called "The Art of Agriculture", are intended to teach children about nutrition.Agricultural projects for new organic farmers are supported.

Very rare, these vegetables will be presented very expensive: Unions mixing gourd "Lady Godiva Squash" and other "Pink Banana Pumpkin" will be priced at 1000 dollars. If vegetables are then donated to charities, gourmets can buy discrètement.Charles Gautier

Lower retirement in 2009

The retirements have melted like snow in the sun in 2009. According to the National Insurance pensions (CNAV) 734.0000 some employees have asserted their right to retire last year, against 785,000 in 2008. It has been 10% less than in 2007, when nearly 820,000 active generation of baby boomers are retiring.

The main reason for this huge difference is the collapse of early retirement for long careers. In force since 2004, starting a long career can retire between 56 and 60 for those who started work before their 17 years. The conditions for benefiting from this device, however, were restricted by the government in 2008.

Early departures will be undermined

In 2009, 24,300 people were affected by these departures anticipated, against 122,120 in 2008 and 115,120 in 2007, according CNAV.This decline has led, despite the crisis, to increase the participation rate of older workers aged 50-64 years, has pointed the direction of animation research, studies and statistics (DARES) of the Department Employment in a report on employment, unemployment and labor force in 2009 released this week.

According CNAV, many assets have anticipated the tightening of regulations on long careers and have preferred to assert their rights to retirement in 2008. In September 2007, Prime Minister François Fillon had estimated the cost of this measure is important because it explains half of the deficit of the general pension scheme established in 2007.

Have also been restrictions on the potential acquisition of quarters, and longer duration required assessed under the successive reforms of 1993, 2003 and 2007, according CNAV.

The effects of a 1959 Act

In addition to the tightening of access device initially anticipated a long career, Dares says that downsizing is partly due to "lagged effects of the law Berthoin to 16 years with school age obligoire" for children born after 1953. An ordinance dating from 1959!

If the hour is restraint, reform of pensions in payment should not spell the end of the device of long careers. The government expects its bill for consideration by Parliament in September, to "extend and expand" the insured "who started their business at the age of 17 years." They may retire before the age of 62 years provided for the general scheme. A condition to justify a contribution period of two years longer than the duration required, or 43 years.

(With AFP)

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Attractiveness: France wants to get rid of misconceptions

On the ground of appeal as that of growth, France is doing "less bad" than its main competitors. It is the belief of the French Agency for International Investment (AFII), which on Monday published its panel's attractiveness in 2010, in collaboration with the Center for Strategic Analysis (CAS), Treasury and Datar. While foreign direct investment last year saw a decline of 41% in developed countries, they have fallen "only" 35% in France.

The Hexagon's interest to maintain this advantage: the French subsidiaries of foreign groups provide more than 2.5 million jobs, 20% of R & D and almost 40% of these exports are linked to foreign establishments.And since 2007, when the crisis was suffering its effects, new investment decisions by foreign companies will be permitted to "maintain or create approximately 30,000 jobs" each year.

"Beware the gap between what the economic data and leave out the perception of foreign investors," said Monday David Appia, president of the AFII. This paper attempts to twist the particular blow to conventional wisdom: that France would not fiscally attractive to businesses. "People often think that taxation in France is a weak point but in reality the situation is more complex," said Director General of CAS, Vincent Chriqui No fax payday advance.It must be determined "globally", argue the AFII and CAS.

"Strong signals"

The tax can not be reduced to the corporate tax (IS). "The effective tax burden on enterprises in France is much lower than the nominal rate of the SI would suggest," says the report. It must also consider the tax base and exemptions. Ultimately, if we look at the revenue of the IS reported to EBITDA, "France is in a better position, with a tax rate of approximately 17% of profits." Dietary improvements reserved for impatriate removing the ceiling of the research tax credit – now "the strongest incentive to Europe" – and the removal of business tax on productive investments also "sent a strong signal towards investors foreigners.

More generally, France is ranked fifth in the world for business location costs (employment, installation, transportation, taxes, equipment and energy) and one in Europe, the document stresses the AFII, which compiles data and existing rankings, making comparisons between France and eleven other neighboring countries.

The Paris Bourse in the green

The Paris Bourse tries on Monday to continue its momentum from Friday and thus began the session in the green. The CAC 40 gained 0.43% at the opening at 3362.72 points. At the end of last week, the CAC 40 finished on a small increase of 0.25% after a volatile trading. All investors anxiously awaiting the monthly figures for U.S. employment, which were more troubling than expected 125,000 jobs lost in June but 83,000 in private creations against 33,000 in May, and unemployment fell to 9.5%. The U.S. markets have fallen back slightly after the announcement, but their European counterparts have remained on the upside.

The CAC 40 lost 5%, however the last five days and will therefore try to regain lost ground this week. Investors can not follow Wall Street Monday as the U.S. stock market is closed after the national holiday.On the side indicators in France, the PMI services will be published. For the euro zone composite PMI index, and the sales details will also be announced.

Elsewhere in Europe, also dominates the green. The London Stock Exchange opened up 0.45% to 4859.98 points, while the German Dax climbed 0.34% to 5853.75 points.

The banking supervision

Dexia (0.61% to 2.81 euros) received the assumptions of Stress tests requested by the European Union on the eve of the weekend and is currently being examined, according to chief executive of French bank Belgian-Pierre Mariani.

BNP Paribas (0.70% to 44.51 euros) has sold its subsidiary of consumer credit BNP Paribas Personal Finance Belgium funds Apax Partners SA and Altamir Amboise.The sale is part of BNP Paribas commitments towards the European Commission following the acquisition of Fortis in Belgium in 2009 free credit score.

Zodiac Aerospace (+0.48% at 37.67 euros) has agreed to buy German Sell. It is the third acquisition transaction in two months for the group led by Olivier Zarrouati.

Carrefour (1.23% to 32.53 euros) will close unprofitable stores sixteen in Belgium at the end of the month as part of the restructuring of its assets in the country, while strengthening its partnership with Mestdagh. The group expects these closures savings of about 25 million euros per year.

Air France KLM (0.64% at 9.66 euros) will face a new competitor on the field connections to Africa. The Airline Oxygen Africa should get the green light for launch in the coming weeks.

France Telecom (0.28% to 14.24 euros) must submit to the press, about 11 o'clock this morning, its strategic plan for the next five years. He wants to have more than 300 million customers worldwide by 2015 against about 200 million today, "said Stéphane Richard, CEO of telecoms group, in an interview published in Le Parisien on Monday.

Total (0.01% to 36.19 euros) does not study the acquisition of BP, but would be willing to consider the acquisition of certain assets if they were on sale, said Friday the CEO Christophe de Margerie.

PSA Peugeot Citroen (0.84% to 21.05 euros) announced it acquired for an amount of 244,925,000 euros, part of the bond issued in 2001 and maturing in September 2011.The takeover was launched June 21, 2010 simultaneously launching the bond issue of 500 million euros due five years.

The European countries want to tax the banks

Barely buried by the G20 already risen by the European Union? The leaders of the 27 would have agreed on the principle of a tax on banks, according to AFP. Agence France-Presse has procured the draft final agreement from the summit of Heads of State of the EU on June 17.

The text states that "the European Council agrees that a tax on financial institutions to be introduced to ensure that they contribute to pay the price crisis." The implementation would occur in "October 2010", according to the document approved by the ambassadors of member countries in Brussels.

The EU, supported by the Franco-German agreement on the subject, then move only hear about this proposed tax. The G20 had indeed rejected the draft on June 5 last, at the request of Japan, Canada and emerging economies, including Brazil.The topic will be placed on the mat during the next World Summit in Toronto in late June, at the initiative of the Europeans.

"The debate is over"

If the 27 Member States seem to agree on the principle of bank charges, how applications are still a problem. Finance ministers should floor on the issue to ensure "equal treatment" between banks to prevent the European institutions are not penalized compared to their foreign competitors.

EU leaders also wonder on what basis will apply the tax, ie the profits or assets of banks, for example. The biggest uncertainty also use it will be made of revenues generated. "The debate is really over," admitted one European diplomat.

The European Commission wants a fund of insurance of the financial sector, and giving assistance to banks in case of major difficulties. Paris and Berlin for their part, prefer that the money collected feed budgets. "Of what use to mobilize billions of euros in an insurance fund for money to sleep?" Asks a diplomat.

Finally, a country like Luxembourg, a leading financial center, particularly for investment funds, would prefer to introduce a tax on financial transactions in the most speculative.

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The EU will establish a fund to defend the euro

Meeting in Brussels, the Heads of States of the euro area have finally approved the activation of the financial assistance plan 110 billion euros to Greece three years. Moreover, on a French initiative, they announced the establishment of "a Community mechanism to intervene" to help their country would face financial difficulties and this, in order to preserve financial stability in Europe. More specifically, it would be a fund to help countries threatened to defend the euro.

According to government sources, the European Commission could contribute in the form of loans to the tune of 70 billion euros. The European Central Bank (ECB) will also participate. "All institutions are determined to act," said Nicolas Sarkozy simply at the press conference that followed the discussions."We will not let destabilize the euro zone for behind, there is the growth of European jobs," he said.

The Heads of State and Government decided to convene a meeting Sunday of finance ministers across the European Union to finalize the operation and financing of this novel device, which forevermore assembly developed for Greece . "On Monday, the mechanism will be operational," said Nicolas Sarkozy, sending a signal to markets still very upset.

"We will do whatever it takes to defend the euro," piped up the European Commission President Jose Manuel Barroso.

Pressure on ECB

The other track would be mentioned that the ECB buys bonds issued by states of the euro area, to provide them in exchange for cash.According to the same diplomatic sources, the European Commission would now pressure on the ECB to make sense in a concrete proposal to support the euro area. In their draft agreement, the leaders of the Eurogroup, however, have said they support "full action of the ECB to ensure the stability of the euro area.

Monday, lcette last announced it would accept the Greek debt as collateral for its loans, regardless of their credit ratings. Extending this unprecedented step for all countries in the euro area "would be a strong signal to markets" would have said the president of the European Commission Jose Manuel Barroso. But on Thursday, the ECB said it had not considered.

At the meeting this Friday, the president of the European Central Bank, Jean-Claude Trichet, have estimated that the eurozone faced a "systemic crisis".

Tighten fiscal discipline

The euro zone leaders agree at least on the need to tighten fiscal discipline. A commitment to ensure that "Greece is not only to reduce its deficits, but that we work so that all the Stability and Growth speedy again respected," said German Chancellor Angela Merkel in Brussels. "The leaders will do whatever it takes to meet budgetary targets," says the text of the draft agreement. A penalty system "more efficient" will be established.The European Council President, Herman Van Rompuy, reported that an agreement between heads of state had been reached for "a strengthening of economic surveillance and policy coordination."

Finally the sixteen Heads of State and Government reiterated their determination to "move quickly on the regulation and supervision of financial markets. They also insist on the creation of "a European rating agency.

Barack Obama supports the EU

Moreover, since the White House is that Barack Obama supported the European heads of state on Friday. "I made it clear that the United States supports these efforts and will continue to cooperate with EU authorities and the IMF during this critical period," he said, after talks with Angela Merkel.

American concerns grew at the same time as the market stress. Wednesday, Charles Plosser, a leader of the U.S. central bank (Fed) has assured that "the economic recovery of the U.S. could be delayed by a further turmoil in financial markets. Recent events in Greece are one of the factors likely to influence the evolution of the U.S. economy. "

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"Making our tax system more transparent '

LE FIGARO. How will you improve the enforcement of tax laws?

Christine Lagarde. I wish first of all to strengthen legal certainty in tax matters. Some blame the latter to move too quickly, not always available. They are not always wrong … To improve the quality of our tax system, I am setting up consultations upstream on some drafts tax. Specifically, we now disclose on the Internet as often as possible the proposed draft text, particularly when presenting a particular technical specialty. It is a revolution that will allow all interested parties (individuals as companies) to read and especially to propose amendments. We can thus take into account their comments and submit a bill already matured to the Council of Ministers.The aim is also to ensure that the intervention is less concentrated lobbying at the stage of parliamentary debate, which will limit the amendments.

This rule does apply to the finance laws?

In principle yes, for all the texts on which a consultation deemed appropriate, and subject of course offs of the Premier. We tested the approach last year by broadcasting the complete text of the reform of business tax in July. This allowed an extensive prior consultation, that has not prevented the government to mediate to end. Experience has been successful and I wish to extend it.In general, I believe that by expanding the prior consultation, we can improve the quality of texts, to facilitate parliamentary discussions, proportionately reducing the volume of instructions issued and simplify matters for taxpayers.

How to help taxpayers understand the law?

By reforming procedures for issuance of tax instructions, that is to say the comments that we broadcast to explain specifically how to apply the measure passed as part of the law. We will take steps to expedite the release draft instructions: within two months of the entry into force if the text gave rise to upstream consultation, within six months in default. When setting up the device Scellier in 2009, households had to wait until May for an answer to some important issues! It will not be too long in the future.We contacted the department's website a publication schedule of the most awaited instructions so that taxpayers know where they stand. More importantly, the draft statement will be prejudicial to the administration. This provides a real guarantee to the taxpayer if he makes an investment using the draft statement and then the administration changes its mind and publish a final statement stricter conditions on its investment will not be delivered question.

What will you do Retailleau report on simplifying the business tax landscape?

I found very interesting the proposal of Senator Bruno Retailleau develop a compact growth with mid-cap companies with promises of stability of some sections of the regulations for a specified period in exchange for commitments for growth.Similarly, the idea of not changing the rules that set time, determined beforehand in the year, would be a breakthrough for companies that no longer have to waste time and money to monitor publications of new rules. I asked Herve Novelli to study the feasibility of these measures.

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The last stand of honor Patrick de Carolis

Patrick de Carolis, the current CEO of France Televisions, delivered a truly gallant last stand. On Tuesday, he chaired a board explosive. To begin with, all board members, including state officials, praised the work of Patrick de Carolis and his team for the good results of 2009. Then this wonderful unanimity has shattered a crucial point: the negotiations on the privatization of France Television advertising Advertising tandem with Stephane Courbit-Publicis. The five state representatives have proposed to continue negotiations until the deadline of October 30. Opposite, Patrick de Carolis said it was better to suspend indefinitely.His resolution was finally carried by the votes of the representatives of Parliament (Christian Kert and Michel Thiolli?re), qualified individuals (Patricia Langrand, Jacques Martial, Henriette Dorion-S?b?lou?, Jean-Claude Carriere and Dominique Wolton, who had represented ) and staff representatives (Bignolas Laurent and Serge Guillemin). The five state representatives voted against.

Courbit Publicis-shocked

In doing so, Patrick de Carolis has clearly returned to his successor the responsibility of selling 70% stake in the advertising duo Stephane Courbit-Publicis. But they have not even been notified of the decision. "We are very surprised, even shocked by this decision through the press.We reserve our comments after having read the detailed decisions of the board of France Televisions and their consequences ", responded Tuesday group Publicis and St?phane Courbit.

To justify the suspension of negotiations, France Televisions said that "this decision reflects the substantial uncertainty surrounding the continuation or not advertising for 20 hours." Uncertainty related to the announcement last week by Jean-Francois Cope a draft bill for the maintenance of advertising on public channels day.Officially, Luc Chatel, a spokesman for the government, and, informally, the Elys?e is opposed to this initiative and expressed their willingness to go through with the reform and to stop advertising completely online cash advance .

However, Patrick de Carolis said he never received clear answers to the letter sent in February to Fran?ois Fillon and Christine Lagarde, on whether or not to advertise during the day. As an entrepreneur, he felt he had therefore no certainty about the finances of France Televisions beyond 2011. And as a future ex-head of France Televisions, he wanted to make a last act of resistance.

Patrick de Carolis presided over probably the last board of directors.It is precisely to go through with the reform of public broadcasting that the Elysee considered, at the end of last week to expedite the appointment of new president of France Televisions. Alexandre Bompard, the current CEO of the radio station Europe 1, is considered a favorite.

June, when crucial

If a new president was appointed in the coming days, he would take the lead group after its approval by the Higher Audiovisual Council and Parliament. This can take between one and two months. Her inauguration would take place well in mid-June

However, on June 7 is a very important date. It is the legal term of social negotiations on the new collective agreement unified group France Televisions. Negotiations opened since June 2009. "We understand the desire of the State to soon introduce a new team.And, a priori, we are open to any new president of France Televisions, whatever it is, although we'd prefer someone who knows public broadcasting, "said Jean-Francois TEALDI, Secretary General the SNJ-CGT, France Televisions. "But it does not let the new leadership to resume negotiations from scratch. It must take account of progress already made, "he says.

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Trichet: the failure of Greece is "beyond question"

"Lack of payment of Greece is out of question," has dealt the president of the European Central Bank Jean-Claude Trichet at a press conference Thursday. On the markets, interest rates on debt Greek record highs, more than 7.5% on 10 year bonds. Investors are worried about default risk in Greece and seek to test the limits from which a European rescue plan would be triggered.

Jean-Claude Trichet, for his part described the plan for "functional", welcoming the statements of Heads of State. "No one should take lightly the decision taken by all Heads of State and Government of the euro area," he said. "It's a very, very, serious commitment.(…) I will not comment on the interpretations that has made the market. "

What conditions are necessary for entry into force of the European aid, has been asked the president of the ECB? "Activation of European loans for Greece is a Greek government's decision itself," he replied, refusing to specify what are the conditions which would involve launching a plan to help no teletrack payday loan. "If assistance is requested, we will see how the response will be organized. But the ECB will be very vigilant in ensuring that member states endorse the most of their responsibilities. "

In all cases, the European plan as designed is not a subsidy free Greece, emphasized essentially the chairman of the ECB."The rate of interest [that is claimed to Greece by the member states] should at least reflect the cost of refinancing of European states", he added.

On the question of the involvement of the International Monetary Fund (IMF) in the aid plan, which the ECB appeared opposite Jean-Claude Trichet has rounded corners. "We would not have been satisfied if the IMF would intervene only" and if member states were exempt from their responsibilities, "he said.

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Alain Weill said his strategy for "La Tribune"

"To the question, the clipboard will it continue to exist? I think fundamentally, No! This movement could take five, ten or fifteen years but I remain convinced that this is not bad news for the press! ". Invited the morning breakfast Ina-Odeon, Alain Weill, the chairman NextRadioTV Group (RMC, BFM Radio, BFM TV, Group 01, "The Tribune"), confirms its strategy to reduce the number of kiosks that sell La Tribune "" the most profitable, or about 2,000 throughout the territory by the Director General of the daily, Val?rie Decamp.

"The current industrial process which produces millions of copies with the final 60% of unsold leave by truck to be destroyed or recycled is no longer a viable solution," said the businessman who already admits read "The Tribune about his phone iPhone in print.The proliferation of digital shelves of reading as Apple iPad, should, according to him, upset, this year, the landscape of the press, giving the phrase "once old computers" low fee payday loans! ???!!!???!!!.

In this context, Alain Weill plans to "be ready for launch in late April in France of the tablet iPad", although "there is more an issue of image than an economic issue," he admits. By the end of the year, two applications (BFM and "Tribune") should be available on the iPad.

Finally, at the BFM awards Awards November 15 next, the group plans to turn his radio BFM radio in a television channel called BFM Business. This new channel could be open in Paris since the TNT, if not via ADSL networks and / or cable."BFM Business reflects our strategy" 360 degrees "to be present on all existing media" and can "give a boost to our radio business, particularly" flat "in 2009, justifies Alain Weill.