Except that the compound created by the team led by Ludwik Leibler, surprisingly retains some characteristics of rubber and organic resins: it is light, elastic, durable and, unlike glass, virtually unbreakable no fax payday loan.
In recent days, the word "default" is no longer taboo in Greece, where the announced new austerity measures, the rising social unrest and growth forecasts more and grow darker to look for alternative scenarios. While the Troika team must return Monday in Athens to discuss the progress of the country in control of their deficits, the majority of the press reported on Friday a case of a default involving restructuring 50% of current debt. One scenario would have raised the Greek finance minister, Evangelos Venizelos, in front of Deputies. Immediately, the minister put a stop to these allegations, pointing out that it would do anything to "implement the decisions of the euro area on 21 July."The European decision includes the restructuring of 21% of the debt through voluntary participation of the private sector, especially banks, holders of Greek bonds. But privately, the Minister would have evoked as alternative scenarios, a restructuring of 50%, a "disorderly failure".
"People panic"
A restructuring would mean a partial collapse of the country. A hypothesis that is growing in Europe as soon as possible to avoid a domino effect on subsequent Greek procrastination. Many economic analysts, as Katerina Sokou, see this as a political game. "The government hopes the restructuring of 50% but does not want to ask, she says. The idea is to pass the measures, even if they are bloody and unjust for the most disadvantaged, in order to be rewarded with a debt restructuring, while remaining within the euro area.Of course, this implies a shower of austerity for years. But having a viable Greek debt is better for Europe. "
Several other European officials have discussed in turn: Klaas Knot, Member of the Board of Governors of the European Central Bank said it had absolutely no idea of a Greek default, indicating that s 'acting in one of the scenarios. This is the first member of the ECB to speak in this sense. More cryptic, the German finance minister, Wolfgang Schäuble, said he was "whether what was proposed in June and July for Greece is still sustainable in light of recent developments." At the same time, it is "too early to speculate on this idea right now," he added.
This evocation of more frequent non-payment of Greece begins to cause problems in the country."People are panicking. We receive many calls and emails requesting information, or should keep their money in the bank or not, says Sia Kossioni, presenter of TV news 20 hours SkaiTV. So we pedagogy and what it means to decrypt a bankruptcy, framed or not, a default or restructuring. "What a little more fragile banking sector, already in poor condition. Moody's dropped the rating by two notches from eight Greek banks. A decision justified by including "the expected impact of the deteriorating domestic economic environment of non-performing loans" and "still fragile liquidity position." The rating agency also believes that the outlook for the rating of the eight banks are negative.
Italy would not have sought help from China to overcome its problems of sovereign debt. So says the Tuesday evening Antonio Gentile, Italian Secretary of State for Economic Affairs. Contrary to information in the Financial Times that Rome would have asked Beijing to make significant repurchases of its sovereign debt, it says that "we have not requested any specific assistance to China. The demand for government securities is good Italian. "
Antonio Gentile and again the words of a member of the Italian government which emphasized on Monday night that the purchase of debt securities of the Italian state was not central to the negotiations which took place several weeks ago. While the Finance Minister Giulio Tremonti, as well as officials of the Cassa despositi e prestiti, met Lou Jiwei, the chairman of China Investment Corp (CIC), accompanied by a delegation in Rome.But "there is no extraordinary operation to purchase debt with China but only institutional meetings planned for a long time to evaluate investment opportunities in Italy, especially in industrial," said Secretary of state.
This meeting was on capital expenditure and not bonds, "provided later another government source.
Relief markets
In any case, the information had an immediate impact on equity markets. European shares closed Tuesday on a rebound, despite the conflicting information. Yesterday, the news sparked a dramatic rise of U.S. indexes, which ended the session up when they were, like all European markets, a sharp decline shortly before that information cash advance loans. Foreign exchange markets also reacted.The information has strengthened the euro, trading at 1.3692 dollar in the evening.
All stock indices around the world is indeed suspended at the least information related to the status of sovereign debt in the euro area. In fact, the fear of contagion shook the Greek market.
The tension remains strong. Italy fails to regain investor confidence on Tuesday and again, the Italian rates have soared in bond issues.
China has pledged to support the euro area
The assumption of support from China bound for the euro area is particularly taken seriously by the markets as the Central Bank of China recently said it was ready to support countries in difficulty to repay their debt.
Moreover, China has already come to the rescue of countries in the euro area in difficulties in recent months.In late May, Beijing had expressed its intention to purchase debt securities issued by the European Stability for Portugal. In January, China had purchased European titles for bail Ireland. And from the beginning of the crisis, China had come to the aid of Europe's sick of his debts. Earlier this year, the country had purchased bonds espagnolespour a hundred million. The Middle Kingdom is also committed to acquire Greek bonds
By helping the EU now, China is diversifying its investments in debt securities. In addition, the country is gaining leeway in future negotiations.
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Party in May to conquer the mobile market, La Poste is a misfortune! The group has attracted 150,000 customers in three months. "We had anticipated 25,000 sales per month, we are at 50,000, is two times more than expected," revealed to Figaro Jacques Rapoport, Deputy Director General of La Poste Group and CEO of La Poste. And if postal workers were starting the first customers, they are now a minority.
This success has also led to stock shortages, some bugs and a saturation of computer centers. "We suffered a bit but it is now settled," said Jacques Rapoport, who is reviewing its objectives and is on the rise now "300,000 to 400,000 customers by the end of the year, against 210,000 originally planned."
No typical profile for the client to the mobile station, which is recruited from all social classes and age.Offers balanced, "there are so many packages with high-end smartphones that prepaid kits. The social package (10 euros for 45 minutes of calls and 60 SMS, Ed) also works well with 10% of sales, "said Jacques Rapoport. "The smaller are welcome here. But we are not the operator of the poor. We are committed to serve all customers. "Finally, subscriptions (most profitable) are in the majority compared to prepaid. Another lesson: while the Post was the first to launch non-binding offers, customers prefer offers mostly sold with a phone and then a commitment.
This initial assessment also confirms the importance played by the network of post offices which carries 75% of sales, the remaining 25% being done by Internet and telephone quick payday loans. "They want us to believe that everything is sold on the Internet. This is not reality.Consumers want the closeness and service. Seen in the return of small businesses face the hypermarkets, the return of customers in bank branches. In mobile, our presence throughout is a huge asset, "said Jacques Rapoport.
Hopes in rural areas
And the band accelerates: already in 1000 the largest post offices, the mobile will be distributed in 450 additional offices on 12 September and another 450 in November. It will even be sold in 70 small rural offices in September, they will not physically products, but customers can order and be delivered the next day by Chronopost. While the offices of small towns have sold more mobile than those in larger cities, La Poste Mobile high hopes on rural areas. "At the end 2012, 10,000 post offices will distribute the mobile offering.By itself, the Post will have more outlets that Orange, SFR and Bouygues together, "said Jacques Rapoport. The mobile station will also develop synergies with La Banque Postale, in line with the special youth launched in late August that offers a discount of 40 euros on the price of the mobile.
The mobile station should be profitable in 2013. Both shareholders and SFR Post rub their hands.
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Shortly before opening, chewing Americans were expected small decline, but volatility remains very high, the index futures may return at any moment, like the indices themselves. Shortly before noon Paris time, the index futures Standard & Poor's 500 and Nasdaq 100 yielded respectively 0.3% to 1165 points, and 0.37% at 2150 points.
On Thursday evening, U.S. markets have rebounded sharply, welcoming new listings weekly fewer than expected. European markets had also enjoyed the news, closing up vigorously.
The pressure remains strong this weekend
Other statistics on the agenda for this Friday, may well generate a few responses. Retail sales for the month of July will be unveiled at 2:30 p.m., in fact, before the start of the session Eats United.Investors await with interest the first estimate of consumer confidence from the University of Michigan for the month of August, from 3:55 p.m..
Pressure remains high on world markets. Lack of macroeconomic and really good news in the absence of major business publications Friday, this weekend is likely to be overshadowed by even more obvious signs of a weakening of growth. The sovereign debt crisis, and severe drops in banking stocks recorded this week, amid rumors of bankruptcy, particularly in France, will affect the trend no fax payday loans.Asian stock markets have already finished down on Friday morning.
In this context agrave exacerbated by a volatile market, investors are going to look at publications such as retail sales, which should also benefit from a slight rebound in auto sales?
Difficult to answer this question. For analysts Aurel BGC, "while" so far the timing of publications of macroeconomic indicators has been poor, a reaction, positive or negative, this indicator would in any case an early normalization "of market behavior. Excluding cars, the indicators are still available for now more mixed.
On the corporate side, the U.S. airline AMR, parent of American Airlines, announced plans to separate its regional affiliate American Eagle.A document filed with the stock market regulator described a "possible separation" with the American Eagle to introduce the stock market separately. American Airlines is still bound for nine years in its subsidiary. American Eagle will continue initially to operate 281 aircraft for American Airlines, which will wind down its cooperation in 2012.
"We resist '. That is what could be read on the sign of one of the protesters took to the streets of Athens on Saturday to protest against austerity measures additional adopted by the Greek government to clean up its public accounts. Responding to the call of the country's two main unions, GSEE (private sector employees) and ADEDY (public sector), the thousands of protesters denounced the identified "social barbarism" After the enhanced supervision of international institutions in their countries . "We oppose the government and the memorandum for these barbaric actions and antisocial," said Gregoris Kalominis, an official of ADEDY.In a joint statement released on the sidelines of the event, the two unions have called for "a different economic policy, with measures of development and social measures that preserve jobs and increase our social and economic rights."
A plea against the recent economic decisions imposed on Greece. Yesterday, the country has received the "troika" (European Central Bank, European Union and International Monetary Fund) the green light for the payment of this summer's fifth installment of the loan of 110 billion euros granted in 2010. But a green light conditioning to "accelerate fiscal and structural reforms in the country", which Moody's rates still at 50% the risk of default within five years. Enough to arouse the wrath of the unions.Indeed, George Papaconstantinou, the Greek finance minister, has already announced it is less than a month an austerity plan for 2011, about 6.4 billion euros.
Hardening of social climate on another front
After nine general strikes, mobilization has been moderate on Saturday. The demonstrators were mostly employees of the public power company PPC, port employees and teachers. An event that went smoothly. Nothing to do with the excesses seen in previous demonstrations.
Mobilization and social deterioration seems rather move on another front, the less supervised by trade unions or political parties. Already experienced in Spain, a spontaneous party Internet illustrates the ras-le-bol of the Greeks, that of "outrage".Now, they do not hesitate to take sides publicly in the political class and physically, according to them responsible of the current situation. For ten days, these "outraged" gather every evening on the Constitution Square, just before the Greek Parliament.
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Since mid-May, the United States exploded the ceiling set by Congress of American debt, around 15,000 billion dollars currently. This ceiling has been found in January. It would suffice to go back again to exit the United States from embarrassment: the country can theoretically borrow on the markets when the threshold is exceeded. Which is to say that the U.S. is in a situation of default.
But the maneuvers have pushed until August 2, the bankruptcy of the federal state. The White House and Congress have so until that date to agree. The first press the other to raise the ceiling, but he refuses to press the button until the government has not detailed a program foresaw and specific reductions in public spending. The United States shackle in effect three years of deficit exceeding 10%.It should reach around 1.6 trillion dollars this year.
If the financial world does not doubt the ability of great leaders of the first world power to agree, for the good of the global economy, the timetable is narrowing. And rating agencies do not fail to recall. Thus, after Standard & Poor's in April, Moody's puts a sudden extra pressure on Thursday by threatening to put the debt rating of long-term United States, currently at AAA, on negative watch, implying an actual deterioration in the coming months.
No to raising the ceiling
Yesterday, Wednesday, Barack Obama received dozens of Republican representatives in the White House. These, a majority in their meeting, refused to give the green light to an increase in the federal debt ceiling because of cuts in spending."We need to tackle this debt," said out of the meeting the head of the budget committee in the House, Paul Ryan, author of a draft budget with drastic cuts in funding for the welfare state and criticized by Democratic allies of Barack Obama.
Tuesday night, the House rejected by 318 votes against 97 an increase of 2,400 billion of debt ceiling, a move described as "irresponsible" Democratic side.
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Leading expert in royalty, Stéphane Bern comment April 29, alongside Marie Drucker, the marriage ceremony of Prince William with Kate Middleton of England, live on France 2. 5 hours, public television will broadcast the event live, which should be followed by at least "2 or 2.5 billion viewers worldwide," according to Stephane Bern. "This is an event of contemporary history. A global event and unprecedented, "he pleads. All the big chains will diffuse into the world. " What explains the popularity of this royal wedding in a republican country like France? "De Gaulle said:" The French have a taste of the Prince and will look abroad. We have two monarchies replacing the Windsor and Grimaldi. This year is finally a year for the French! Moreover, the news is enough anxiety.From this point of view, marriage is timely to break the torpor. Finally, it is a significant historic event in the history of the monarchy. What is reassuring for people is knowing where it goes, that will embody its future Marriage is a promise for the future because children may be born after. "
Broken for about 25 years, with the exercise of great ceremonies commentary (that of Prince Charles with Camilla Parker Bowles) as well as funerals (like those of Prince Rainier), Stéphane Bern believes it is "' be both very "first degree" in the narrative of the event, to decipher the codes and rituals that we see in the image, but also sometimes bring a little distance, to be entertained because this is a happy event. "2 France for the occasion send his special envoys "to Buckingham Palace, to Westminster, on the course and ceremony in the small village of origin of Kate Middleton."
If there is "certainly issues of audience," Stephane Bern ensures they "escape him." An asset plus the freedom that the public service vis-à-vis the advertising. "In other channels where I officiated, we always left before the kiss, because he had to make the antenna to log 13 hours. Here, we will keep the air from 9 to 14 hours to kiss on the balcony. Then we can distribute the newspaper. There is no requirement for advertising on France Televisions. The pressure is less strong, "welcomes the journalist payday loan.
The duo will end July 2 live next to comment on another royal wedding, that of Albert of Monaco and Charlene Wittstock.What are the differences between these two ceremonies? "Marriage is English protocol, the Windsors are good at this kind of colorful show. The marriage of the Prince of Monaco is very different from his parents. It is his style, very modern, relaxed, warm. "
The marriage of Prince William should bring some "700 billion to the UK economy." French side, the amount of broadcasting rights of marriage to Albert of Monaco must be "donated to the Foundation Prince Albert II and Charlene Wittstock future foundation. The director Jerome Revon rotate images. There has been talk for a while that his team provides all the financial means for marriage, then resell. There, in fact, Monaco supports the device of marriage. However, as in England, all products will feed directly into the foundation.I will declare myself a book published by Albin Michel Marriage (Monaco), whose rights will be donated to the two foundations, "explains Stéphane Bern.
Besides the show "How it goes!" On France 2, Stéphane Bern animates every day since 2000 "Mad King" on France Inter, live. Every season, his name is circulating in the list of the "transfer window" of the radio. The next school year will she change that? "I have no idea. The game is very open. I have been approached by various radio stations. I already asked the question for the ten years of "Mad King". It may need (to) renew. It's a job where you always question yourself. I can not imagine sitting on a throne for years. The game is open, perhaps for the first time, "he concedes.Expected response "in early May between the two marriages …."
This summer, the facilitator will be back on the air in "Secrets of History" on France 2, one issue will be devoted to Buckingham Palace, and one at the Elysee Palace, released in September on the Heritage Days event.
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Boeing monitor closely the developments in Japan. All programs include the U.S. aircraft manufacturer, in fact elements of "Made in Japan". The Japanese aerospace industry with Boeing which has forged a historic partnership in the aftermath of the Second World War, have specialized in items (Aerostructures) aircraft fuselage. Mitsubishi Heavy, Kawasaki Heavy and Fuji Heavy provide 15% of the elements of the B 767 and 20% of the B 777.
The program is the most exposed B 787 Dreamliner with which the Japanese partner of Boeing took the turn of the composites. It has 35% fuselage components produced in Japan. "We work with our partners in Japan. I think that their facilities are intact, "said Randy Tinseth, director in charge of sales for Boeing Commercial Aviation (BCA).Production sites are located in south-central and southern Japan (Nagoya, Kobe particular) to hundreds of kilometers of the northern regions hit by the earthquake and nuclear-Fukushima Daichi where there was a second explosion.
While the automotive industry is at a standstill, the Japanese aviation continues to work, according to the Staff of Boeing but remains cautious. "It's probably too early to say now. We talked to our suppliers. Their plants are in good condition, "said Jim Albaugh, president of Boeing Commercial Aviation (BCA) in an interview with CNBC low interest rate personal loans. "We have a few stocks, but not that much. I think if it lasts longer than several weeks, we will have problems, "he admitted.
For now, Boeing believes "have all the elements we need for the first delivery of the B 787," according to Randy Tinseth.The first aircraft to be delivered in Q3 2011 to … a Japanese company, All Nippon Airlines (ANA) is launching the company's new long-haul Boeing which has ordered 55 copies. For its part, Japan Airlines has ordered more than 30.
The links between the giant Chicago and Japan are not only commercial but industrial. This market is highly dominated by Boeing who owns nearly 98% of the total.
But beyond issues of industrial and commercial Boeing is very attentive to come to its 200 employees based in Japan in Tokyo, local headquarters and near the sites of production partners south of the country. The manufacturer has been in contact with each of them and their families. More broadly, Jim Mc Nerney, CEO of Boeing, has assured the Japanese people the solidarity of Boeing employees."We have longstanding relations with colleagues, customers and partners in Japan and we stand ready to assist our friends," he said in a statement released on the website of the manufacturer.
The sensational espionage case that shook Renault continued on Sunday to "deflate". One of the three security officials of the automotive group into custody-to-view this weekend, Dominique Gevrey, was indicted for "organized fraud" and imprisoned following the dismissal last January three group executives for espionage.
Two other officials cautioned to view this weekend, including the director of security and close to Carlos Ghosn, Remi Pagni, however, were released Sunday morning, without any charges being brought against them.
The two frameworks safety first taken into custody-to-view, and Marc Dominique Gevrey Tixador, both authors of the report which led to the dismissal of three employees, have so far refused to reveal the name of the informant the source of accusations of espionage.By the reckoning of Renault's lawyer Wednesday to Europe microphone 1, the automotive group has paid an amount "of around 250,000 euros" in this anonymous informant, through an intermediary agent of a private company intelligence, to collect data that led to three dismissals.
Renault claims a "manipulation"
Renault's lawyer, Jean Reinhart, said the group will speak on Monday, probably in the afternoon, "by taking a long and detailed speech" that must be followed statements of expected attorney Republic.
The group claims not to know either the name of that source, and have asked the two security officials, "who are only to know, to deliver his name and address to the investigators," said Renault's lawyer .This same source who gave Renault numbers of three bank accounts which was based on the automotive group to accuse the three executives have coined strategic information on the program of Renault's electric vehicles.
However, investigators of the Central Directorate of Internal Intelligence (DCRI) claimed last week they had found "no evidence of bank accounts" on behalf of these employees, nor "any evidence of espionage." As a defense, Renault now evokes the idea of a "manipulation". In an interview with Le Figaro, the number two carmaker, Patrick Pelata, said that if this hypothesis was confirmed, "Renault will be attentive to repair any injustice."He also designated himself as a scapegoat, saying the group will draw all the consequences of this case until the highest level of business is to say to me ".
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