The Boeing B 747-8 achieves a breakthrough in China

Finally! After a year of zero order, the 747-8 Intercontinental Boeing B carries a great breakthrough. In addition to China, the most promising market in the world. Air China has announced the purchase of five jumbo jets worth an estimated U.S. list price at $ 1.54 billion. Boeing has made "substantial concessions on price," said Air China becomes the third customer for the Intercontinental after Lufthansa and Korean Air.

This acquisition will enable the Chinese company to increase from 6.6% the capacity of its fleet comprises 381 aircraft in late June 2010. In terms of large aircraft, Air China, which already operated B 747 classics from the 1980s, chose the balance between the two offers on the market. She had in fact already ordered five A380 super jumbos.For Boeing, the resumption of large aircraft orders is good news and crown-month campaign commercial. In contrast, Airbus has just been served the cancellation of ten A 380 by one of its biggest customers, the lessor ILFC U.S..

The fact remains that the day of 8 March 2011 was auspicious for both manufacturers rivals. Boeing recorded $ 12.6 billion worth of orders (at MSRP). Also in China, Hong Kong Airlines has signed a memorandum of understanding with Boeing for six Boeing 777 freighter version and 32 B 787 Dreamliner. And ILFC also signed a contract for 33 medium-range B 737. The leader in aircraft leasing and acquisitions justified its cancellation of its ten A 380 by the need to rebalance their portfolios in order, dominated by large appliances.ILFC also has also announced the purchase for some 8.86 billion dollars, 100 A 320 and A 321, 60 NEO will feature the new engine from Pratt & Whitney.

Finally, Turkish Airlines has signed a firm order for ten medium-haul A321 and three A330-200F freighter aircraft for an estimated $ 1.6 billion.

Tourism: the Middle East suffers

Cancellations will travel faster than the revolutions themselves Arab. While the wind blows still timidly revolt in the Middle East, several of them noted a sharp drop in hotel bookings.

Jordan in particular, several sources said that cancellations had reached 50%. A tour operator confirms that in 3000 tourists who booked a trip in the coming months, 1200 had already annulled. Jean-Francois Rial, CEO of Voyageurs du Monde, a leading tour operator in France, also referred 50% of cancellations to the country. This situation is particularly worrying for a local economy where tourism represents 14% of GDP, with a turnover estimated at one billion dollars in 2010.

Syria is no exception.Ghassan Chahine, owner of Naya Tours agency in Damascus, said he registered 35-40% cancellations for peak tourist season which runs from March to May, mainly by Europeans. The Syrian Minister of Tourism Saadallah Agha al-Qala, has been forced to revise downward its objectives: "We do not expect an increase of over 11% to 12% of the number of tourists" against an average annual growth of 15% since the early 2000s.

"All in the same bag"

Tourism professionals in the Middle East denounced the confusion in the minds of Western tourists. "They are influenced by media coverage and put all countries in the Middle East in the same bag, do not differentiate one country from another," said Nabulsi Touhami, office of tourism in Jordan. Tourists have canceled their trips to all Arab countries. "

Jean-Francois Rial, "people are more worried about what might happen in other countries than those where the revolution is over. Is that King Abdullah will not jump, do as the king of Morocco does not have a problem, as Hu Jintao? ". Ghassan Chahine agrees: "People tend to think that the revolts are taking place across the region."

Hopes

Despite their concerns, industry professionals want to believe in an imminent improvement in the situation. "The perception of people change very quickly. It does not take much time before the booking for a country not resume, "says Sean Tipton of the Association of British tour operators.

Until the fears subside, tour operators could, like the Maghreb, betting promotions.Marmara, the leading destination Tunisia is already seeing the success of its offer a "pay for a given": "We found in March the level of bookings last year, with 8000 departures scheduled within a month," explained Le Figaro Florian Vighier, its director general.

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The ambassadors take early retirement at age 58

Only a handful of very senior diplomats is concerned. But the symbol cringe, while the government has hammered in 2010 he had to work late to save the pensions and deferred the legal age. The Foreign Ministry is finalizing a system accessible to early retirement from 58 years to its executives.

The draft order, as Le Figaro has obtained, will be discussed Feb. 28 at the High Council of State Civil Service, the final step before publication. It will allow "plenipotentiaries" and "Foreign Affairs Adviser hors classe" (a few hundreds of diplomats for the functions of ambassador, consul or important director at the Quai d'Orsay) to receive an "end device activity "for six months to three years.Volunteers will receive a "special allowance of departure" and keep "equal pay in the amount of treatment indicial (…) plus the allowance of residence in Paris." Clearly, any salary excluding bonuses. The sum will be partially combined with income from employment in the private but also in a public company or an administration.

Conversion

The device opens up to 30 diplomats, who have until the end of 2013 to be candidates. This, the ministry said in a report annexed to "deal with overstaffing (…) related to a particular pyramid unfavorable." The same purpose had led to the same device, open to 20 diplomats in 2008-2009.

In a preparatory meeting to the Board, "the department's representative explained the need to respond if a hundred diplomats, said one trade unionist low fee payday loans.About 60 are on mission to the Quai d'Orsay, without that we know very well the nature of their mission, others awaiting assignment. In other words, paid to do nothing – often against their will. "The ambassadors are appointed by the Council of Ministers, these are very political positions, decrypts a connoisseur of the administration. Much of these diplomats are "underutilized" in Paris as labeled on the left. "

Today Minister of European Affairs, Laurent Wauquiez ensures not forgotten about his recurring on the necessary "cultural revolution" in employment of older workers, when he was Secretary of State for Employment. "The goal is that 100% of beneficiaries are switching, certainly not that they cease any activity," he assures.In the past, some have become consultants, gallery owners … "It also justifies the device by" reducing the number of posts of ambassadors, parallel to the "opening – necessary – these posts to non-diplomats." Recent examples: Serge Lepeltier, former environment minister, last week appointed ambassador "climate" in lieu of Brice Lalonde, and Jean-Christophe Rufin, a doctor, writer, ambassador to Senegal from 2007 to 2010.

Debating the cap unemployment benefits managers

The controversy has increased the ceiling on Friday on unemployment benefits managers, an idea launched Thursday by Pierre Mehaignerie, the UMP president of the Social Affairs Committee of the National Assembly, in an interview published on lefigaro.fr. The most virulent reaction came from the CFE-CGC. "There is no question of wasting our time with false good idea to limit who imagine in time, restrict or limit unemployment compensation on the grounds that it would promote more rapid reintegration into employment," said its chairman Bernard Van Craeynest. For the owner of the plant managers, unemployment compensation is "an insurance mechanism in which everyone contributes according to his salary and compensation is based on the injury he suffered" and that it is unimaginable to cap the reimbursement claims.As "for auto insurance," he says.

The idea of capping executive benefits is not new, since France is one country that offer the best conditions for compensation to the unemployed who were receiving a very high income. A framework for under 50, who has contributed for two years in its 28 months of activity and who had a monthly salary higher than 11,540 euros gross, so is certain to receive an allowance of 6,764 euros gross per month for two years. Or, after social security deductions, a check of nearly 6,000 euros every month! And if over 50 years – which is often the case at this level of compensation – the compensation period is extended to three years. By comparison, an unemployed German may touch 2215 euros per month for two years or, worse, 1073 euros for one year if he is Italian.Nothing to do so.

A ceiling of 3000 euros

The suggestion of the 4th vice-president of the UMP will have at least had the merit to highlight this feature of the French regime. "Pierre Mehaignerie raises a real problem that could encourage the social partners to be more imaginative" in the renegotiation of the agreement unemployment insurance that starts Jan. 24, admits it in the entourage of the head of the state. "The idea to release additional resources for youth employment is not so preposterous," abounds near Xavier Bertrand, Minister of Labour."Let us negotiate the social partners are aware of their responsibilities," they replied Lawrence Berger, the leader of the delegation CFDT, which he considers "Pierre Mehaignerie legitimate to speak", asks the policies do not encroaching on their field of negotiations.

Some unionists, however, agree on condition of anonymity that the plane frames allowances may be an idea to dig. "Why not, if it creates new rights for the other job," judge and a negotiator. A plant would even asked Unedic quantify the resources released if the ceiling was lowered to 3000 and 4000 euros … The reason? Few unemployed would suffer.Better, more "symbolic" – Unedic refuses to communicate – in view of the average amount of unemployment compensation (1111 euros gross per month), their average length of membership (10 months) and also the average wage French (1580 euros per month).

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More and more private nursing homes

The Hospital Federation of France (FHF) is sounding the alarm. In an internal memo published by the Journal du Dimanche on Saturday, the FHF warns against the privatization of the retirement homes in France. "Since 2002, the public has lost 5% market share in favor of private business. Between 2003 and 2007, 61% of places for addicts were created by private developers, "says she.

A development which, according to the federation, more expensive trips to the dependents or family. For the day in a private school is on average 40% more expensive than public ones. "These creations of seats facing the problem of affordability for seniors," said the federation.A pitfall in size, at a time when the issue of financing dependence, declared government priority, invited in the public debate. The challenge posed by an aging population is not small scale at the individual level: according to a report by the General Inspectorate of Social Affairs (IGAS), placement in nursing home costs an average of 2200 euros per month to the elderly care bad credit payday advance… when the average level of pensions of retirees amounted to only 1,200 euros monthly.

FHF, meanwhile, also complained of seeing some public institutions losing resources needed for their operation, on behalf of a "convergence rate" desired by the government.For if the original purpose of this convergence is to rebalance resources between financial institutions richest and poorest, the FHF emphasizes that even the best equipped centers no longer have sufficient resources today to address the Patients increasingly dependent. "Convergence, if continued, would result in the elimination of 5,000 jobs in Ehpad (Establishment of accommodation for frail elderly) and 7000 units in long-term care," said the FHF in the report published by the JDD.

The consultation on the financing of the dependency must start in early January. The first steps, they are expected in summer 2011.

The "revolution" Eric Cantona is emulated

Some 38,000 members to the group entitled "On 7 December, we will all withdraw our money from banks" should meet on Tuesday to call for the former footballer. The buzz created by Eric Cantona was even echoed in several European countries like the United Kingdom, where the former football remains an icon – the one that the English nickname "King Eric" was voted player of the century "of English club Manchester United.

Calling Cantona echoed in Europe

Nearly 9000 members in the Facebook "Revolution! 12/07 Let's go there everybody to Withdraw Our Money "(Révolution! the 7 / 12 Let's all pull our money together) say they will empty their accounts. Italy is not far behind with the same number of volontaires.Dans the same time, the video interview of Eric Cantona, was translated into 20 languages on YouTube.

Some try to revive the idea of former footballer while the shade.Thus, MEP Pascal Canfin Ecology of Europe-the Greens and the group "Save the rich" announced Monday they launched a website "jechangedebanque.org" intended to transfer "money from our banks are most harmful to those most commendable. "Among these financial institutions "commendable", the collective and the member cited the Postal Bank, Credit Cooperative and the New Economy fellowship (Nef).

Contrary to the appeal of the former football star Eric Cantona to withdraw their money from banks, MEP, Member of the Commission on Economic and Monetary Affairs, and the collective view in a statement that "this transition collective" does "is not the collapse of the system that it is not clear to whom it would benefit" but "clearly raises the question of regaining control of finance."

"Banks are useful to finance the economy"

For them, "not all banks are created equal and that our money is invested in financial institutions is not a bad thing" because "banks are useful in financing the economy.But some of them have now diverted their function and use of the economy instead of serving, "they wrote, referring to BNP Paribas, Societe Generale or Credit Agricole. Long remained silent on the subject, the banks have finally complained earlier this month, the initiative of the former football star, like some BNP Paribas considering it "insécuritaire. As for the Minister of Economy and Finance, Christine Lagarde, she asked Eric Cantona to stay in his place.

Pascal Canfin and the collective "Save the rich 'call for" responsible drinking "."We prefer that our savings are managed by banks that invest the savings locally, did not participate in the financial casino, refuse to be present in the havens and pay bonuses indecent," they conclude.

Finally, they remind individuals that emptying his bank account is not in a click. For this, we must prevent its establishment in good time. They thus suggest they switch banks. Almost any of the 40,000 agencies that consider the entire French banking network agrees to issue more than 2,000 euros to a customer if it did not warn of his coming beforehand, and as long as their accounts credited with the corresponding amount.

(With AFP)

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Areva imminent capital increase

The Minister of Industry and Energy, Eric Besson said Sunday the closure "imminent" in a "first step" of the capital increase of the nuclear group Areva, with a participation of KIA's sovereign wealth fund Kuwait, which will join the French state.

"For the first step in the recapitalization of Areva, is imminent," said Eric Besson on Europe 1, but without being able to say whether the transaction would be announced "within a few hours or a few days." The proposed recapitalization of the nuclear giant steps, it is true, a scenario in rebounding. The operation appeared to be impossible before the end of 2010, after abandoning the assumption Mitsubishi. Thursday, Christine Lagarde, economy minister, however, had suggested she had a "plan B" through further negotiations with the Kuwaiti Fund.

New round likely in 2011

Eric Besson would not disclose precise figures, while the press has talked in recent days, a total of around 750 million euros, in which governments could contribute up to one third, the balance being Supported by Kuwait guaranteed unsecured personal loan.

He also left the door open for another round in 2011, which could then be part of Qatar's sovereign wealth fund, with which the negotiations have so far foundered, and the Japanese group Mitsubishi Heavy Industries (MHI). Areva has in fact over 10 billion euros for its development. About 5.5 billion is already entered into the coffers with the sale of T & D investments (Safran, Total …).To this sum must be added about 600 million euros if the sale to the Strategic Investment Fund (ISF) of the 10.9% stake in STMicroelectronics succeeds.

Asked about the possible participation of EDF and Alstom in this second phase, Eric Besson said that "obviously the president has ruled out any line of work."

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Orange Mobile stores opening

"We want to be facilitators for our customers." This is the leitmotif of Stéphane Richard, the new boss of France Telecom. One concern that is reflected into the design shops. The group will announce on Wednesday the opening of two department stores in the mobile phone, a completely new kind. One will open in Lyon on December 10 530 square meters, another in Lille on December 15 on 600 square meters.

Larger than the classic Orange stores, the group will, with these stores, put "people at the center." Each store has a large sales force, or about forty people.The goal is to better advise, educate customers and assist them in understanding new technologies.

"For a purchase, the customer has 100 questions"

"Today technology is so fast, allows so many different uses for a purchase, the customer has 100 questions," said Hubert de Malherbe, the designer in charge of the project. With achievements including Carrefour Franprix, Sephora, Dior, Veuve Cliquot, Djed airport and many international projects, the agency Malherbe Design is now a leader in commercial architecture. "Technology has surpassed users. The products are so sophisticated that people do not use all the features.We want to recover from the cold in this friendly technology, "says Hubert de Malherbe.

The stores, designed with high ceilings, are organized around four clusters according to use: "the sports division with cubes of fake grass and unstructured sofas, the music division of spots with ramps and an atmosphere internship Pole games with big bikes, the TV division with a cozy interior, "said Hubert de Malherbe.

In Lyon, the phones are on the floor and the ground floor is dedicated to services for users. "The emphasis is on service before, during and after the sale, observes Hubert de Malherbe. It has refocused people and the best way to help people, it is still people. "

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Societe Generale turns its back on the crisis

Societe Generale turns the page on the crisis. The facility has grown more than doubled its net profit in the third quarter to 896 million euros, where analysts were betting an average of 793 million euros. The sharper than expected decline in provisions for losses on credit and retail banking activities were particularly strong results from banking group. "It's the rebound of Societe Generale," said CEO Fred Oudéa Wednesday on CNBC financial news channel.

The institution must also jump in profits to a major accounting effect. In the third quarter of 2009 the bank had indeed suffered from the appreciation of its debt and the declining value of its portfolio of hedging instruments (CDS), two movements linked to the relaxation time observed in the markets.These two mechanisms are much less played in the third quarter of 2010, which allows comparison favorable.

And lower cost of risk has also increased the group's results. At the group level, the cost of risk was down 39% year on year. The withdrawal is made on all activities of the bank. It is particularly strong in corporate and investment that is almost divided by five. The improvement in this activity is encouraged by the good performance of the portfolio of illiquid assets, whose group seeks to shed gradually and has slashed its profit of 5.4 billion euro between early 2008 and early 2010.

For business, corporate banking and investment has seen its results fall by almost 10% to 468 million euros to reverse the retail bank in France saw its net income grow by nearly 15% at 340 payday loans no teletrack million.As for the net banking income, it reached 6.3 billion euros, up 5.5%.

The annual results are already achieved

Very good result this quarter, the bank has taken the lead on its annual results. In fact, the first nine months of the year, net income reached three billion euros and thus achieved the objective that the bank had set for its entire fiscal 2010. "The dynamics of commercial trade reinforces our ability to achieve the project Ambition 2015," said Frederic Oudéa, CEO of Societe Generale. Moreover, Societe Generale plans to release fourth-quarter net profit "somewhat similar" to the third quarter on Wednesday said its CEO Fred Oudéa on the news channel CNBC.

And trust management does not stop there.The group believes it is able to meet new prudential standards Basel III without recourse to the market. Thus, the latest rumors and cons, head of the bank indicates that the bank has "the capacity to meet the new capital requirements for Basel III without capital increase."

Following this series of ads in favor, the title Societe Generale started the session on bourisère hubcaps with a gain of 3.1% to 43.4 euros in early trade against a rise of only 0.1% the CAC40. Societe Generale prances and leads the ranking of the benchmark index of the Paris exchange.

Transform its RTT in retirement savings

How to use holidays and RTT we can not take? Those who can place them on a time-saving account (CET). With this proposed budget mostly by large companies, they differ in their vacation a few years. Others, however, transform them into retirement savings. Since 2008, employees may indeed "monetize" their RTT, ie transform them into money to be invested on a Perco (retirement savings plan). Provided, however, that these holidays have been placed previously on a time-saving account (CET).

For now, each employee can invest a maximum of ten vacation days or not taken by RTT year.

"The formula for success because in some companies, employees accumulate many days off and leave them unable or unwilling to take," says Jerome Dedeyan, president of the firm Debory.For their part, companies are, too, winning. "The sums paid into the Perco are largely exempt from employer contributions," he says cash till payday advance.

But the bill on pension reform which should be passed by Parliament in the coming days plans to go further. Thus, in future, employees with Perco should be able to turn twenty days of vacation per year in retirement savings!

For their part, those who work in companies that do not incorporate time-saving account will place five days off or vacation per year on their Perco. That way, employees of small enterprises (SME and TPE) can thus, too, save for their retirement without producing too much financial outlay.

Especially since that company executives are also entitled to Perco, retirement savings is growing faster in small and micro businesses."Thirty thousand Perco are open all year in the SME and SOHO. This comes at the expense of Madelin contracts, "says Jerome Dedeyan.