"I do not think there is any topics of particular importance as to justify a very long time," said Richard Stéphane. His comments echo those of Bertrand Meheut, CEO of Canal +, who said to reporters Wednesday he hoped the discussions lead by the end of the month.

Partnership

Asked about the organization of the new entitée Stephane Richard told a preferred partnership with Canal +, with participation up to 50% but not beyond."The correct position for us is to be in a partnership relationship. This partnership can be industrial, it may be capital but it is not intended to be dominant. Our strategy is not to be a group of television medium term ".

The boss of France Telecom the opportunity to discuss the ongoing negotiations on a partnership with the Moroccan operator Meditel. "These negotiations are proceeding well. Be contacted in due course on it but they should lead again in short time, "said Stéphane Richard adding that this should be done in" a few weeks. "

Fighting against the tax

Stéphane Richard has also positioned on the future of the VAT increase that the government wants to set up on offers of "triple play (Internet, television and fixed telephony)."On this point, about the economy than one sector, for my part I'll do everything to try to convince the government not take this decision," said Stéphane Richard.

"It may be shortened a little provocative, but do we want France to be the country where you reduce the VAT on the bar and where it is increased on the Internet?" Was he asked. "I think there is a way to return a little 'Basque beret, baguette under his arm, which troubles me a lot," he added. "This is not a good sign for the economy."

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In reality, these stores are in the distribution chain Anhui China Jiali, founded in 2002 and located in the region of Fuyang. The official Chinese name of Carrefour translating phonetically 'Jialefu, "the French group has found that its local rival had usurped its name and logo. And decided to enter the Chinese justice.

"A trial is taking place, but we can not say more because it is being" told AFP a Carrefour spokesman on condition of anonymity, confirming information reported by Xinhua.

Nearly 700,000 euros in damages

According to the Chinese agency, accused Carrefour Jiali Anhui and its affiliates have used a logo similar to the blue of the French group in China on his signs, his bags, his labels and receipts. Carrefour asked his rival to change its logo and to pay six million yuan (698,500 euros) in damages. The trial began Aug. 18 in the capital of Anhui Province, Hefei.

Anhui Jiali rejects accusations. The group recalled that he had changed his name before the filing of a complaint from Carrefour. At its inception in 2002, in fact, the supermarket chain was registered under the name "Anhui Fuyang Jialefu Business and Trade Co., Ltd.." Said the Chinese agency. The group changed its name by replacing "Jialefu" by "Jiali" in August 2009.

At that time, the chain had already opened more than 160 supermarkets in the area of Fuyang.But under its original name … For the local company, the logo of Carrefour China – which means "happy family" – does not have the distinctive attributes of a trademark. Faced with these arguments, it will be the Chinese court to decide.

On August 11, Carrefour announced the opening of its 160th hypermarket in China in the city of Liaoyang.

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Firstly, it is mostly entry-level brands, whose margins are tighter, which may review their pricing policy. In the medium and high-end, the flexibility is more important.Nicolas Dreyfus, director of development at Kooples, also explains that "providers defray a portion of the increased cost of raw cotton. And if David Leslie Freche, CFO of Loft, said he was not "worried because of the brand positioning, it is still concerned about" upward pressure on commodity markets. " A view shared by Francesco Maria Grau, secretary general of the French Federation of fashion, which does not hide his concern: "For now, the brands have opted not to pass on price increases on their products . But until when will they? "

Two or three years still difficult

This last month that the price of cotton has engaged its sharp rise.It went from 73 cents in mid-July to 83 cents a pound in August (one bale of cotton weighs 485,000 pounds, 220 kg on average, Ed). The value of the raw material has reached a record high since 1995.

It was recent weather disasters that have added to market nervousness. The terrible floods in Pakistan and the recent landslides in China have destroyed much of the world, including these two countries account for 40%, depending on CyclOpe. The storms have pushed the production of 8% and 10% Pakistani Chinese. Consequence: when the production of the northern hemisphere matures in November, it should be less than 10% to 15% anticipated demand. "70% of U.S. crops are already sold," said one trader.The courses are already feeling it: some fear a shortage or that the offer is insufficient to meet current contracts. The situation might be even more tense as the production has been falling for two years. Because of the low prices in previous seasons, prompting producers to convert. Cultivated areas have declined by about 25% and "50% of operators have disappeared in 2008, says even a trader.

Some product lines provided in the textile industry might not see the day. That, to protect stocks son. In fact, "reserves have been eroded in recent years," said one broker who specializes in the area. Blame it on poor anticipation of events. "We were wrong," says a French producer. Missing 4-5000000 bales of cotton for the stocks are in equilibrium.Manufacturers and market experts cotton agree that it will take two or three years of production before the market lost some of his nervousness.

Like David Beckham, Michael Ballack or Cristiano Ronaldo, Paul octopus spreads its charms suckers now on the walls German. While the silhouette of the cephalopod does not yet allow him to sing the praises of underwear luxury and heady fragrances, and this is now a chain of supermarkets that has focused its advertising services. But his British agent certifies: the animal has already 160 proposals on the tentacles, it will now study.

Like any celebrity, Paul meets a certain code of conduct: his salary, consistent and confidential, will go to charity, namely the protection of turtles in Greek waters.Yet for himself as Paul octopus should be afraid on his website devoted to recipes, supermarkets Rewe praise the "delicious taste" of the squid …

In contrast, financial markets have taken over other areas of color: the Stock Exchange of Hong Kong gained 1.41% to 20,374.45 points, the Shanghai Stock Exchange ahead of 1.45% to 2631.88 points, the Taiwan Stock Exchange rose 0.87% to 7716.20 points, the Sydney Stock Exchange climbed 1.28% to 4414.10 points.

The increases are limited to Singapore, where The Straits Times Index posted a gain of 0.17% to 2950.45 points. In India, the Bombay Stock Exchange grants itself an increase of 0.36%.Finally, the South Korea Stock Exchange gained 0.35% to 3636.64 points.

Japan: export values penalized

Asian stocks benefit and speculation about a possible tightening of controls against China's housing loans freecreditscore. According to the Shanghai Securities News, the country wants to ensure that financial institutions will meet in the second half of the restrictions on home loans.

On the face values, the values penalizes strong yen Japanese exporters like Sony, which lost 2.57% to 2342 yen or Toyota was down 1.75% to 3080 yen.Conversely, companies such as CNOOC and China Resources Land rose 3.56%, respectively 16.26 Hong Kong dollars and 2.42% to 12.66 Hong Kong dollars.

Crude prices were higher on Tuesday in electronic trading in Asia in the wake of a modest increase registered the previous day in New York, dealers said.

In morning trading, a barrel of light sweet crude for August delivery took 24 cents to 76.78 dollars a barrel, while Brent North Sea crude for September delivery took 29 cents to 75.91 dollars .

"We made the observation that there was no comprehensive information on the care of dependent persons, the diagnosis of dependence on the choice of suitable retirement home," says one hospital to the Federation France.To fill this gap has been launched in early July retraite.fr-houses (not to be confused with home-from-retraite.fr), which includes a multitude of basic information for relatives: a guide for assessing the frail elderly, the coordinates of organizations to contact, a directory of nursing homes classified by criteria, advice for making the administrative processes and be supported financially … Useful information if we know that the average cost of investing in retirement homes reached € 2,200 per month in 2009, according to a barometer carried out by TNS Sofres. A sum that 76% of French people declared so they can not afford.

Qualitative criteria

The directory of retirement homes also facilitates the search for a facility nearby, through a system of records updated regularly paydayloans. Each sheet contains qualitative information on the nursing home concerned. In addition to practical information (address, price) are shown including the number of patients per carer – as a guide, only a ratio of 0.6 health workers per resident is regarded as representing a framework of quality – the degree of dependency supported, comfort criteria, the presence or absence of a psychiatrist or a therapist ….It is even possible to select only those institutions that have spaces available immediately.

Two caveats, however: the book contains only the first public nursing homes, which currently represent 60% of French institutions, among the most medicalised. Then there is still no official criteria for certifying the quality of a retirement home, and who would perform in the rankings. "These indicators are being developed," says Hospital Federation of France. An urgent given the increasing numbers of elderly and dependent. While more than 75 years represent 8.8% of the population today, that proportion should rise to 15% in 2015.

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This increase masks "divergent trends," says the report by the Centre, presented by Christian Noyer, governor of the Bank of France. On the one hand, fraud on national payments made to retail outlets and automata remains on a downward slope. It reached a low in 2009, ie a rate of 0.014% for a $ 41 million.

Conversely, fraud is still gaining ground on front of remote payments (internet, telephone or mail). For domestic payments, the amount of fraudulent transactions has risen from 67.2 million euros in 2008 to 82.2 million euros in 2009. An increase that does not include payments made from abroad. If the amount of fraud registered for French maps in international traders remained high (60.5 million euros) last year, he registered a slight decline.

At a time when networks compete in international fraud imagination, the Observatory for Payment Card Security said in its report that "the majority of the holders consider the card as a secure means of payment.The organization, which advocates the establishment of strong authentication solutions to verify, whenever possible and appropriate, the payment is made by the legitimate holder of the card, "has conducted a qualitatlive investigation to determine the acceptance of such devices by consumers.

Online payments still inspire confidence

And the verdict of the study is final, according to the Observatory. While "significant concerns remain regarding online payments, particularly on foreign sites, users of payment cards of all types" show a clear preference for strong authentication solutions. " These include for example the use of a single use code obtained by various means (card reader, sending an SMS from the bank, etc.).

These findings appear to be timely.The construction of strong authentication is indeed well advanced. "The implementation by banks of these solutions with their carriers is now being phased in accordance with the recommendations of the Bank of France," says Monitor's report.

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More importantly, the private sector alone has created 83,000 jobs. Is much better than the 33,000 net new jobs in the month of May However, analysts expected a figure close to 112,000.

This increase is due to "modest increases in various industries." The leisure industry in particular has created 28,000 jobs before the summer. Business services hired 21,000 people. Note, the industry continued to create jobs (9,000).The construction sector has meanwhile also destroys jobs (22,000), hit by a decline in new construction.

Despite the destruction of jobs, the unemployment rate, calculated on a different basis, for its part fell 9.7% in May to 9.5% in June The Labor Department said the decline by reducing the workforce and the growing number of discouraged workers who no longer work.

Around 6.45 am, the Nikkei 225 abandoned nearly 2% to 9731 points, rapidly away from the 10,000 points mark. Consumer prices in Japan excluding perishables, fell 1.2% year on year in May, the fifteenth consecutive monthly decline, said Friday the Ministry of Home Affairs. Excluding not only nutrition, but also energy, consumer prices appear down 1.6% over one year.

Elsewhere, the mood is gloomy, with Hang Seng (Hong Kong Stock Exchange) that descends from 0.65% to 20,599 points, the S & P / ASX Australian yields 1.4% to 4417 points, and Straits of Singapore who drops more tentatively 0.1% to 2844 points.In India, the Bombay SE 30 was down 0.73% at 17,600 points.

The yuan continues to rise

In China, Shanghai fold from 0.69% at 20,590 points. On the eve of the G20 Toronto, Chinese President Hu Jintao called on Thursday for a fresh start and a strengthening of relations between China and Canada, despite some disputes.

The Central Bank of China has also set an exchange rate of yuan against the dollar lower on Friday, which means that the yuan appreciates.The institute has decided on a central parity of 6.7896 yuan against the dollar, 0.3% higher than the 6.8100 yuan to the dollar yesterday.

In its statement, the central bank said it wanted to keep the yuan "basically stable", a term required to show its willingness to avoid any sudden movement of the currency.

The oil also

Crude prices were up Friday in electronic trading in Asia, investors wanting to believe in some indicators better than expected in the United States despite doubts about the U.S. economy. The barrel is 76.65 dollars.

Thursday, across the Atlantic, new jobless claims in the U.S. fell for the first time in three weeks, more than expected, but the new orders for durable goods fell for the first time in six months in May from particular down by purchases in the aviation sector.

With 155 billion pounds (186 billion euros) and 11% of GDP this year, the UK deficit is the highest in the G20. In response to this near disaster on young British finance minister George Osborne, this Tuesday, on the occasion of his "emergency budget" the austerity plan the hardest since the Second World War. Cuts so severe that many economists are concerned about its negative effect on growth.

The austerity is announced in the British house-to-false vis-à-vis Barack Obama, who wrote the G20 leaders to ask them to continue to support the recovery."Countries have different approaches, and in some countries like ours, there is a need to tackle the deficit and reduce it more quickly," argued on Monday, a spokesman for Downing Street 10.

To divide by four the structural deficit by 2014-2015, the government of David Cameron must find at least 88 billion pounds (106 billion euros), reducing government expenditure but also by increasing taxes . This effort far exceeds the level of 80 billion euros announced by Berlin and promises to be the largest of the major European countries.The savings could reach 34 billion pounds (41 billion euros) in the first year, equivalent to 2.4% of GDP.

Since taking office Prime Minister, David Cameron, communicate each week on budget cuts, "whose impact will last for years, perhaps decades, that will win the country to avoid being in a situation similar to that of Greece. The Treasury is fear of being penalized by the rating agencies and losing its AAA rating, which would explode the cost of refinancing the country.

Taxes on capital gains

If George Osborne is expected to announce Tuesday the total austerity plan, details of the cuts by department will not be released until this fall. Rumors point to a decline of 25% of expenditure in the budget of Defense. But tax increases will be unavoidable, experts say.The new fees will concentrate on the richest. Under pressure from its partners the Liberal Democrats, George Osborne should also increase the tax on capital gains for individuals, 18% to 40% or even 50%, while the tax rate to 50% highest income is not questioned. "The VAT is expected to increase by 17.5% to 20%, moving closer to the European average, which would yield 12 billion pounds per year (14 billion euros)," said Brian Hilliard, economist at Societe Generale.

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