No strike of Air France pilots of August 5 to 8

The majority union of airline pilots, the SNPL, announced Thursday night that he raised his notice for the strike that was scheduled for August 5 to 8. This announcement follows the government's decision to follow the recommendations of the mediator.

In its report issued on Thursday, the mediator Raphaël Hadas-Lebel makes proposals for the reform of the pension fund of the crew – and the conflict is necessary because the reserves are diminishing – is done in a more progressive, giving more visibility long term and encourages staff to extend their business no fax payday loans.

In the wake of the submission of this report, Xavier Bertrand and Thierry Mariani sent a letter Thursday to the unions.Proposals Raphael Hadas-Lebel "seem integrate the concerns of various parties" and "achieve a balanced reform bill," wrote the Ministers of Labour and Transport, who are committed to apply on January 1.

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Realtors hinders mobility

The cost of housing is a key criterion for the French when accepting a job. A study by the Research Center for the Study and Observation of Living Conditions (Crédoc) reveals that weighs so heavily in real household budget that "70% of workers say they would refuse a job better than they currently hold if this would cause a move leading to an increase in their housing costs (agency fees and transfer, new housing too expensive, etc.).. "

More than half (56%) of 2006 respondents at the request of the MEDEF, which counts among its ranks of companies to recruit Penant – state and not be forced to move a test is "very important" in the choice of a new job. Experts emphasize Crédoc for comparison as these assets are only 48% to include the amount of compensation as a criterion."The hope of wage gain does not appear to offset the fear of having to spend more on housing and, finally, many prefer not to move," says the study. Worse, Of the 4.6 million registered unemployed in job center, 500,000 – 11% – have given up a job in the last five years for failing to support an additional financial cost housing.

The origin of this choice: two realities, closely linked. Most jobs are concentrated in large urban areas (77% according to INSEE), while house prices explode, due to strong demand and the housing shortage."A growing proportion of employees in particular within the middle classes – and those seeking employment can no longer reside in the inner cities of large urban centers because rents are too high or because the purchase price housing beyond their financial capabilities, "says the study cash advance in one hour. Consequently, the travel time longer, making it difficult to reconcile private and professional life. Thus, 7% of people of working age said they had given up a job because of excessive travel time.

The barrier property

And the situation is equally difficult for wealthier households, who already own. The survey confirms that 80% of them are reluctant to move.A remark already made in macroeconomic analysis by economist Andrew Oswald and the OECD, which show that countries where the ownership rate is higher are also those where the unemployment rate is higher.

In conclusion, the Crédoc recalls "the need to take into account the housing issue when looking for employment," and that the introduction of housing assistance devices may have a direct impact. For example, the study suggests using Housing Action (formerly "1% logement") funded by companies for their employees. If experts say Crédoc a comprehensive study is needed to accurately assess the system, they note, however, that the study results show a positive effect on the mobility of employees and hence on employment. A conclusion that is sure to please the sponsor of the survey.July 18, the MEDEF employers' organization joined with labor unions to protest a drain of 3.4 million euros under the State Housing Action funds.

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Employment center reclassifies more unemployed people than the private

The difference is certainly on the thickness of the line but it still twists his neck to popular belief. An evaluation of the Ministry of Labour with the redeployment of unemployed Le Figaro has obtained, employment center gets better results that private placement (OPP) to which the accompaniment of hundreds of thousands of job seekers job was outsourced. In other words, the public would be more effective than the private sector to find new jobs for the unemployed.

This assessment focuses on two categories of job seekers who have benefited, in November 2009 and March 2010, a reinforced support: the unemployed far removed from the market (long-term, seniors …) and CTP-fired economic CRP (devices for one year guaranteeing a subsidy equivalent to 80% of the last gross wage). Just under 5000 people were interviewed.In both cases, the rate of return to work thirteen months after the start of the support is higher for employment center.

47% of retrenched in CTP-CRP followed by public service employment benefit and employment (employed or not), against 43% for those followed by a private placement (employment agency, company … reclassification). Less than one in three point still unemployed after thirteen months, against 38% for a PPO. The private sector, which offers support more regular and reinforced, in the end proves better than the public service on one point: the rate of CDI won, higher than 5 points to the result displayed by employment center.

More CDI

The difference is greater for the second cohort of unemployed: the unemployed far removed from the labor market.49% are employed and thirteen months after the start of their employment center for support, against 43% for those followed by a PPO. Unlike the retrenched, the CDI rate is even higher in the public service (44% against 39%). Worse, the number of unemployed, thirteen months after the start of the accompaniment, are higher in PPOs (45% against 41%).

These results revive the controversy over the use of OPP – the cost of an unemployed investment returns twice as expensive (2200 euros on average per year, against 1100 at employment center) – to relieve the crews of the public service of employment in case of downturn. The popular option is to use only an "outsourcing of specialty", on a more targeted, less numerous and where the added value of OPP is proven. Should, in this case, review their terms of payment by paying more in income.PPOs now affecting half of their performance in support of an unemployed, 25% when in use and 25% if there is still six months later. The idea is often put forward to move to a 35% share in the care and placement for 65% effective (against today 50/50). A useful discussion since the OPP always accompany nearly 150,000 job seekers.

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Pirates threaten Apple

AntiSec movement, for "anti-security", would he struck again? The hackers who target sites of multinational corporations and state agencies are threatening this time the giant apple. In a tweet issued Sunday, the Anonymous group of hackers published a link to a document containing 26 IDs and passwords. According to the pirates, this is the contents of an Apple server to collect online surveys.

"It is not too strong, but still" hackers announce his tweet before providing a link to the document hacked. "# Apple could also be a target. But do not worry, we're busy elsewhere. # AntiSec "More than the document itself, which contains little information, so it's a threat contained in the forward message Anonymous.

The tweet group of hackers claiming AnonymousIRC attack. DR

The Paris Bourse closed in deep red

The Paris markets still 3800 points away on Thursday. At the close, the CAC 40 drops 2.16% to 3787.79 points. In its wake, the London Stock Exchange ended down sharply, the FTSE-100 index of the core values ​​losing 1.71% to 5674.38 points. Featuring Dax index of the Frankfurt Stock Exchange also ended down sharply from 1.77% to 7149.44 points.

European markets have increased their decline late in the session, according to the temper of the U.S. markets. These show heavy losses after the publication of a series of bad statistics.

The weekly jobless claims rose in the United States during the week to June 18, at 429,000 against 420,000 (revised) the previous week, said Thursday the Labor Department. Economists on average had expected 415,000 jobless.In addition, new home sales fell 2.1% in May for the first time in three months, according to figures from the Commerce Department. On an annual basis, sales came out at 319,000 units. Analysts had expected 310,000.

Also in the United States, a report by the Congressional Budget Office (CBO) on Wednesday warned against an explosion of net public debt, which can reach 100% of GDP by 2021 if nothing is done to correct the current course. In addition, the U.S. central bank is now focusing on a GDP increase of less than 3% in the fourth quarter.New measures could be considered if the economic situation deteriorated.

In China also, the index of HSBC measuring manufacturing activity fell in June to its lowest level in eleven months.

In the euro area, the ads are not as fun. PMI purchasing managers fell in June to its lowest for twenty months to 53.6 points, confirming a slowdown in European economic activity. The growth of private sector activity in France has slowed more than expected in June.

Note that European leaders find themselves on Thursday night in Brussels at a summit to try to reassure their ability to stem the endless debt crisis in Greece and prevent contagion throughout the euro area, which worries more and more abroad.Other items on the agenda: the confirmation of the appointment in November of the Italian Mario Draghi as President of the ECB to replace Jean-Claude Trichet.

Oil unscrews

On the currency markets, the euro fell sharply against the dollar on Thursday, as the market digested the Fed announcements. The single European currency was worth 1.4254 dollars against 1.4349 late Wednesday.

For their part, oil prices tumbled on Thursday as well, dropping more than $ 8 in London and close to $ 6 in New York, after the decision of the International Atomic Energy Agency (IEA) to tap 60 million barrels in its strategic stocks to supply the market. In New York, a barrel of "light sweet crude" (WTI) to let go due in August 5.02 to $ 90.39 dollars, after touching 89.69 dollars, its lowest level since Feb. 21.A barrel of Brent North Sea crude for August delivery fell 7.61 dollars in London to 106.60 dollars, after getting off a few minutes earlier to 105.72 dollars, its lowest level since May 6

EDF denies

Side values, only EADS, parent company of Airbus, is in the green at the end: the title earns 0.78% to 22.02 euros. The low-cost Malaysian airline AirAsia has placed a firm order for 200 Airbus A320 Neo, a record in civil aviation in number of units sold bad credit personal loan lenders. Thanks to the mega-contract, the total firm orders for Airbus is about $ 58 billion for 621 aircraft. The buyers of the Airbus A400M signed a framework agreement on the development and maintenance of the fleet of the future military transport aircraft. Furthermore, after signing an order for sixteen billion dollars with Indigo.American Airlines could also favor the European aircraft manufacturer at the expense of its rival Boeing.

Banks suffer: BNP Paribas lost 3.86%, 3.55% Societe Generale, Credit Agricole and Natixis 3.75% 3.45% while trades a private sector participation to a new plan of aid to Greece . European banks resisted, however, a defect in Greece, according to Bernard de Longevialle, head of bank ratings at Standard & Poor's. Note that BNP Paribas bought 25% of Findomestic to the bank Intesa Sanpaolo for 629 million euros and now holds 100%.

EDF (-1.92% to 25.59 euros), which plunged 3% yesterday at the meeting, had to deny rumors of leaks in nuclear plants in France. The CGT has nevertheless confirmed that called for an end of a reactor at the plant in Seine-Maritime Paluel due to extraordinary levels of radioactivity.The electrician has admitted it yesterday "an accumulation of small differences" after the publication of an article Mediapart citing incidents in series.

In addition, the dean of French nuclear reactors, the central Fessenheim, would be allowed in the coming days to continue to operate for ten years.

EDF is also increased to 96.71% of share capital and voting rights of EDF Energies Nouvelles after the public offer launched on its subsidiary, announced Thursday the AMF in a statement.

Air France-KLM lost 3.36% to 10.08 euros.

Dassault Systemes (-2.25% to 56.43 euros) a table of double-digit increase in sales in the aerospace and defense between 2010 and 2014 thanks to the many innovations offered by these sectors, said Wednesday Reuters its chief executive Bernard Charles said in an interview.

Automobile manufacturers seek to diversify their income and increase customer loyalty.

Peugeot (-1.77% to 29.36 euros) PSA installed production capacity that should allow it to manufacture more than 30,000 hybrid vehicles per year, reports La Tribune. "At Sochaux, we expect a potential of 70 to 80 units per day," says Serge Isler, project 3008 Peugeot hybrid.In addition, PSA has manufactured in Rennes, Brittany, just over 15,000 Peugeot 508 equipped with the same technology, the paper said.

The vaccine against typhoid Sanofi (-1% to 52.29 euros) was granted the status of "prequalification" of the World Health Organization (WHO), prior to its use by UNICEF and other agencies International, a first for a vaccine of this type, the group announced Thursday.

PPR (-1.45% to 115.80 euros) holds 87.4% of the U.S. manufacturer of sports clothing Volcom at the end of its tender offer (OPA) is friendly and able to reach 90% capital by playing an option, according to a statement released Thursday by the French group.

"COMPETITION – Estimate the Cac 40 in late June

.

Schäuble: "We have to pay the banks!"

Wolfgang Schäuble confirmed and signed. At the risk of alienating France and the ECB, the German Finance Minister said yesterday that "the time has come" to pay to banks and private investors holding the bag in the crisis of sovereign debt. "It's a question of moral responsibility, said the German official. Ultimately, investors – and that includes of course the European bond holders – must support both the risks and the benefits of their investment. In recent crises, it is almost exclusively the taxpayers who have borne the loss. This is unacceptable! "

The offensive seeks to convince partners of Germany, when the bloc about to lock a permanent mechanism for rescue of troubled countries. Joined the menu of the June EU summit, the European Stability Mechanism (SPM) should enter into operation in 2013.But in the midst of controversy over a possible debt forgiveness in favor of Athens, Wolfgang Schäuble furbishes also the weapons of those who argue that the creditor banks should immediately take their share of the burden.

Market Discipline

The replica of the European Central Bank did not take long. The chief economist Juergen Stark has denounced as a "catastrophe" scenario of a debt restructuring Greek. It would cause, he said, "collapse" of the economy and banking system in the country. Across the eurozone, it would complicate the use of borrowing for other troubled countries. It would kill the plans in the bud "adjustment" set up for Ireland and Portugal. For Vice-President of the ECB's Vitor Constancio, "The debt restructuring should remain what it is, a final and last resort."

France, she is sticking to its position."It is beyond question, be it restructuring, rescheduling or debt reprofiling, Tuesday assured Christine Lagarde. The only issue at stake is the determination of Greece to implement the program, "austerity negotiated with the EU, the IMF and the ECB.

Expected at the forum yesterday in Brussels, the French minister was canceled. We need more to convince markets that the succession process rigor imposed on Greece, Ireland and Portugal may succeed.

"The political risk of alienating voters'

Deutsche Bank expects a debt forgiveness of 50% to allow Greece to start on a sound footing. "Nobody can argue that Europe now has a satisfactory system rescue, said its chief economist Thomas Mayer.Banks should, too, suffer the discipline of the market and fail if necessary "under the weight of bad loans.

Wolfgang Schäuble added to demonstrate a political argument to deflect the rise of populism. "To constantly refloat private investors, policy makers may simply alienate European voters. It's not for nothing that the EU institutions are perceived as distant, technocratic and locked in a world of impenetrable jargon and insider trading. "To constantly refloat private investors, policymakers may s alienate voters in Europe … "

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Vinci in search of other airports and highways

Is this the end of the crisis as expected? In any case, Vinci has been a restart of the traffic on the motorway network (ASF, Cofiroute and Escota) despite soaring gasoline prices. In the first quarter, the passage of cars increased by 3.2% against only 2% over last year. The heavy-duty soared 3.8% while it had increased by only 3.2% in 2010. Another positive signal: late March, the group's order book stood at 26.6 billion euros, eleven months of activity.

A position that makes Vinci very offensive, especially to buy concessions, yet demanding equity and debt: "We're looking at regional airports in France are Lyon, Montpellier, Toulouse and Nice tomorrow, said yesterday at the general meeting of the group Xavier Huillard, CEO of Vinci.And we will continue to be interested in acquisitions abroad parking and highway assets in emerging markets. "

But if these activities are extremely profitable, they are not easy. Thus, the highway between Moscow and St no teletrack payday loan. Petersburg which Vinci was awarded in 2009 the construction and operation saw its site blocked for several months for ecological reasons. The situation was released in December 2010. "And the work should start in a few months," said Xavier Huillard.

Shipyard Canal Seine-Nord

As for the high speed line between Tours and Bordeaux, Vinci won the public-private partnership, in March 2010 remains confident to complete a quick initial funding was to be finalized in late February. "The contract should be signed within the next few weeks," said Xavier Huillard.

In addition, the Group is positioned to win several large projects. In France alone, it aims to be chosen to dig the canal Seine-Nord, build the Tribunal de Grande Instance in Paris, or build some stadiums hosting Euro 2016. And to obtain or not these contracts, Vinci expects growth of 5% of its turnover and net profit in line with that of last year which reached 1.7 billion euros.

Sony victim of the worst piracy history

A week after the fact, Sony has finally explained the night of 26 April (Paris time), that hackers had stolen the names, addresses, birth dates, passwords and probably the numbers of cards 77 million account holders of its service online video games, PlayStation Network. This service generates approximately $ 500 million in annual sales.

Sony says, however, does not have formal proof that card numbers were stolen, but "can not exclude the possibility". However, hackers do not hold the three issues of cryptograms (on back of card) needed to carry out a transaction online.

$ 24 billion loss

According to the Ponemon Institute, a computer security specialist, the cost of an act of piracy is on average $ 318 per folder.that would cause the injury suffered not wait to 24 billion.

Reactions to the announcement are more virulent quick cash. Japanese media and Anglo-Saxon Unleashed. The group apparently waited to unveil its new tablet before announcing hackers. This lack of reactivity is not reminiscent of Toyota, in a similar context. It had cost the CEO his job by the manufacturer.

The consequences of the attack beyond just the PlayStation Network and Qriocity, its online service platform, the two spearhead Sony's entry point into his world for winning new customers and get them to equipped largely by Sony. The attack against the Japanese giant has been April 19 will probably remain as one of the worst crises in its history.

Sony has announced that it would take another week before restarting its network and enable its customers to play online. But nothing says that all will be waiting for you.

The Cac 40 also remains cautious

After breaking the 4000 point mark, the CAC 40 is struggling to find a direction Thursday. The index initially opened higher and then came back in the red, losing 0.09% to 4020.80 points.

At the London Stock Exchange, the FTSE-100 gained 0.41% to 5972.44 points and the Dax index featuring the Frankfurt Stock Exchange climbed 0.16% to 7068.29 points.

On the macroeconomic front, several indicators are planned, including price indices for production and import of industry (8.45) and indices of agricultural prices in February (12:00). After the Minister of Budget, Baroin, announced Wednesday a government deficit of 7.2% in 2010, the Minister of Economy and Finance, Christine Lagarde, sees even less than 7% on Thursday. INSEE reveal the exact figure at 8.45.

For the EU, a first estimate of inflation in March is expected at 11:00.United States, are scheduled weekly claims for unemployment benefits (1430), activity in the Chicago area in March (15.45) and in February industrial orders (16 hours).

On the currency markets, the euro continues to rise against the dollar at 1.4154 (+0.20%).

The debt crisis in the European program

Oil prices were up Thursday morning in electronic trading in Asia in the wake of the rebound on Wall Street, analysts said. In morning trading, a barrel of light sweet crude for May delivery gained 28 cents to 104.55 dollars. That of Brent North Sea crude for May delivery took 20 cents to 115.33 dollars.

The eyes of investors will also be turned on Thursday to Ireland will be published when the stress tests of banks in the late afternoon.The debt crisis is again in the spotlight, while the Portuguese rate exceeds 8% and that the Greek deficit was revised upwards.

Meanwhile, the banking sector shows the highest increases in the Cac 40: 2.09% Societe Generale loose at 46.49 euros, Credit Agricole sells 1.92% to 11.78 euros, BNP Paribas lost 1.58% at 52 , 46 euros and Natixis was down 1.06% to 4.02 euros.

In contrast, Renault, despite its setbacks in the false case of espionage, climbing from 1.64% to 39.36 euros, the largest increase in the Cac 40.Total (0.91% to 43.31 euros) and Vallourec (+0.44% at 79.85 euros) complete the podium.

LVMH: -0.04% to 111.60 euros

In addition, the Annual General Meeting of LVMH will be held at 10:30.

Poweo: -2.33% to 4.61 euros

With a loss of 146.2 million euros in 2010 against a loss of 85.3 million in 2009, operating income of Poweo was sealed by non-recurring items, as announced in February. The net loss attributable to group Poweo has for his part amounted to 133.4 million euros, against a loss of 93.5 million in 2009.

After-hours trading, Cellectis Genoway publish their annual results.

Renault: 1.64% to 39.36 euros

Nissan and Renault were heading towards the establishment of a holding company which unites the two car manufacturers under one roof, said Carlos Ghosn, president of both groups, in an interview published by the Nikkei newspaper.But a spokesman for Nissan denies this morning, stating that this article resulted from a misinterpretation of what the CEO.

L'Oreal: -0.06% to 82.99 euros

YSL Beauté (L'Oréal) will cease in advance to create and develop the flavors of the Italian luxury group Ermenegildo Zegna, according to a statement released Thursday.The license agreement, which was to expire in April 2013, ending June 30, said the world number one cosmetics.

Publicis: -0.36% to 39.86 euros

Publicis announced that Jean-Yves Naouri, tipped as a possible successor to current chairman Maurice Levy, was appointed executive chairman of Publicis Worldwide, a subsidiary of the group including its network of marketing and advertising.

Schneider Electric: -0.17% to 120.40 euros

The electrical equipment manufacturer Schneider Electric announced Thursday the acquisition of assets of DigiLink, the "leading provider of structured cabling in India", about 80 million.

Areva: Trading suspended

The Strategic Investment Fund announced in a statement Thursday it has completed the acquisition of the stake in Areva STMicroelectronics.The nuclear expert held 10.9% stake in the OEM electronics.

Maurel & Prom: -0.04% to EUR 13.61

The independent oil company Maurel & Prom will ally with the Colombian Pacific Rubiales Energy by assigning half of his rights in a series of permits.

Trigano: 1.44% to 24.25 euros

The specialist for caravans and motorhomes Trigano announced a six-monthly sales growth should, in his view, lead to market share gains and improved "sensitive" in its results for first half of the year.

Saft: -0.67% to 29.09 euros

The battery maker Saft has announced in a statement that only one of components it buys in Japan is produced in the region of the country affected by the earthquake and tsunami of 11 March.

Bercy at the bedside of 79 firms in difficulty

Plastivaloire group, which manufactures plastic parts, married Dec. 15 its automotive business with its rival in trouble, Bourbon, which employs 1,500 people. The objective was to create a European champion plastic parts for automobiles, where the fund modernization of automotive equally owned by Renault, PSA and the Strategic Investment Fund (ISF) has taken an interest. Parisot group, which manufactures furniture kit, was very ill last year payday advance lenders. It has restructured its debt and managed to bring a new majority shareholder, Windhurst Industries, supported by the ISP. Geodis, the freight subsidiary of SNCF, has resumed operations in July 2010 in France and Northern Europe Giraud carrier while striking agreement with the creditors of that group.