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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David Riley, head of Fitch Sovereign risk has certainly not been outright, but he wished to remind the public announcement of his agency last March 30, confirming the rating of "AAA with stable outlook, the best that either.Since then the agency, including half of the experts working in London and New York, has published another "positive comment", May 28, welcoming the conference at the Elysee on public finances with the social partners.

The diagnosis remains the same, if we believe the criteria provided by Fitch. Compared to other AAA-rated sovereign states (a dozen Worldwide), France is characterized by a per capita income slightly below average (around 35,000 dollars against 37,500).

Challenge for France

Instead, it relies on a level of inflation among the lowest and least volatile and "stability of tax revenues" (well above the average for other countries AAA).David Riley has also recalled that France had not had to suffer a banking crisis, unlike the United Kingdom or the United States, and its level of budget deficit below these two countries. Still, the notes are never acquired for eternity. "If the debt level should continue to grow, the question might arise in the medium term. But it is a challenge that France is not alone in facing. "

Fitch's meeting was not intended to scrutinize the French case but to explain the mode of operation of the agency. "If BP makes a mistake in the Gulf of Mexico, we do not criticize all the oil companies so we constantly amalgam when it comes to rating agencies' protests Marc Ladreit de Lacharriere.It will distinguish itself from its major competitors "doing work more than other analysts, in order to provide a diagnosis if not more documented beyond doubt. "Because ultimately, it is the investors who are the referees. The euro area is structurally borrowing outside for more than 1000 billion euros, "he quips. Some would in fact that the ECB could build itself a rating agency, which would obviously be judge and party.

David Riley the opportunity to explain why Fitch is expected to worsen 28 May Spain to AA +, which then was considered the final blow vis-à-vis a country plagued by the suspicion of markets."What then has changed? The worse than expected deterioration of public finances, the slow pace of restructuring savings, the contagion of the crisis and the deteriorating Greek sustainable growth prospects. Our decision was taken after a long period of explanation with the Spanish government, "he says.

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This will be overtaken by Apple at the end of this year. Apple is expected to generate $ 281 million in sales by selling movies online this year against 160 million in revenue for the VOD service from Time Warner Cable. The firm is expected to apple store almost 35 million transactions in 2010 against 30.5 million for the second U.S. cable operator. Still Number One, Comcast will make a turnover of 380 million dollars with 88 million transactions."While the pay-TV players offer to lease the works in DOS, Apple sells movies. The pricing is more beneficial to Apple, "said Dan Cryan, responsible Broadband Media at Screen Digest.

In 2014, the reverse hierarchy: Apple should be leading with 470 million dollars in revenue for 56 million transactions, when Comcast will reach 400 million dollars in sales with 108 million records of tenancy, says Screen Digest. At that time, Apple will control 32% of video market demand pay.

Google TV has a playing card

This leadership position gives Apple the opportunity to influence the price of selling movies for download, as the U.S. group has done in music.Another advantage is the unit sales reported more income to the beneficiaries that the subscription models or lease and therefore the iTunes Store a valuable partner for the studios, which multiply the simultaneous releases in theaters and on video.

If the model for the iTunes Store gives a good lead time to Apple in VOD, it is not certain that the firm with apple foreclosing the movie as it did for digital music. "There was an effect on iPod music because of the integration platform for downloading with the terminal was better, because the iPod allowed to make music where consumers want to have it ie mobility. It is not certain that the iPad plays that role for the film, Dan Cryan analysis. Terminals other than the PC are key to getting consumers to pay for entertainment.But for video, this advantage is less pronounced for the iPad for a TV. This is Google, with its Google TV decoder, which brings Web video into television, has a playing card. "Indeed, the Internet group has not discussed a possible blocking of illegal content which could online access through Google TV. This vagueness could benefit from piracy: "iTunes is selling on average 30 songs per iPod sold, the rest of the music is not purchased it is copied from CD or downloaded illegally. There could have the same effect on Google TV. The party has just begun in the video, "said Dan Cryan.

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At the London Stock Exchange, the fears were mostly related to the fact that BP would eventually suspend payment of its dividend. "We are resigned to the fact that there may be a suspension of the dividend," said Tony Shepard, an analyst at Charles Stanley, quoted by Reuters.

Last Friday, however, BP has reaffirmed its intention to announce to its shareholders on July 27 the amount of its interim dividend by way of the second quarter. Dividends paid by the group representing some 10.5 billion dollars (8.7 billion euros) per year.

Yet another bad news for the oil group that is not due to his inability to pay, but the fact that the U.S. authorities there are not favorable. "It does me no problem that BP complies with its legal obligations (to its shareholders, Ed), but I want them to know they have a moral and legal obligations here in the Gulf, warned Tuesday Barack Obama.

The U.S. authorities have also sent an ultimatum to compel them to BP by unveiling its plans to 72 hours to stop the leak.

"BP must state its plans for its parallel initiatives ongoing and alternative oil recovery, including establishing a timetable within 72 hours after receipt of this letter," says the letter from the admiral-cons Coastguard James Watson chief operating officer of BP, Doug Suttles, and dated Tuesday.

With the installation of a funnel, BP has accelerated since last week the recovery of oil leaking from the wells to 1,500 meters below the surface of the water for more than seven weeks. But the water continues to move towards the U.S. coast and crude oil continues to flow.

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Pressed by their bases, the unions had no choice but to break with Zapatero. That, of course, the single most dramatic reduction plan deficits that ignited the powder: falling wages in the public service, 5% on average in the month of June, arouses indignation public employees. But the unions' own admission, is the absence of any consultation that infuriates most."We do not even ask for the withdrawal of the measure," says Julio Lacuerda, the Secretary General of the Federation of utilities UGT. The unions are aware that these decisions will be implemented. The austerity plan is required by the markets, the European Union and … by the United States, including the president himself, Barack Obama, called Zapatero payday loan no faxing.

A war of figures

Therefore, the event serves as a test of officials for each game. The first testing their strength before calling, "if necessary", a general strike. The executive, for its part, gauge the discontent before announcing new measures unpopular. First, the reform of the labor market, to be unveiled June 16 Meanwhile, everyone engaged in a war of numbers.For unions, 75% of staff were on strike Tuesday. The government says they were only 11%.

Above all, workers' representatives refuse to be the only ones to pay. "Why do we keep our troops in Afghanistan? Why do we continue to offer 900 million euros in tax subsidies to the Catholic Church? "Interrogates Julio Lacuerda. While Zapatero announced the creation of a new tax on the rich and inspired by the French TFR. But according to his own statements, "99.99%" of the Spaniards should escape.

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Similarly, all European financial markets plunged, hit by renewed concern about the state of the global economy. Sealed by the bank, the European stock exchange experienced a very volatile session.

Resignation Japan

In Japan, the Nikkei index opened on a decline of 1.11% and then will start in mid-session with the eagerly awaited announcement of the resignation of Prime Minister Yukio Hatoyama center-left.The members of his own Democratic Party (DPJ) had repeatedly called for the resignation of a political leader to revive their chances of winning Senate elections scheduled for July 11. The popularity of the democratic leader, whose voters had doubts about the ability to govern, had indeed collapsed since his arrival to the business eight months ago.

"To revitalize our Party, we must make room quite clear to the Democratic Party. I ask for your cooperation, "said Hatoyama, fourth Prime Minister to leave office after less than a year in Japan.

The Nikkei jumped before exiting in the red

This announcement has benefited the Tokyo Stock Exchange rebounded 0.4%. But the rise was short lived.A few minutes later, the Nikkei fell 0.72% to 9,641 points as investors worried that instability and its impact on economic policy.

"Hatoyama's resignation could lead to delays in the planned announcement this month of the growth strategy and the government's fiscal targets. Whoever will replace Hatoyama work before the Senate elections, to disappoint the voters, "noted Hirotaka Kusabi, economist at Mizuho Research Institute.

The rest of the region follows

In China, investors are still trying to digest the bad news fell yesterday on rising inflation in the country (2.8%) and housing prices (+12.8%). This situation raised fears a bubble whose consequences are more serious than the subprime crisis, observers said.Midway, stock markets in Hong Kong and Shanghai respectively coward 0.36% and 1.60%.

Elsewhere, the same concerns: The Kosdaq Korean (-1.08%), the S & P Australia (-0.37%) down.

Only the Bombay Stock Exchange is in the green, showing an increase of 0.49%.

Toyota wants and "update program" in the system Dynamic Stability Control (VSC) of vehicles. "Our engineers have conducted tests to confirm the problems associated with VSC, raised by Consumer Reports (the magazine that criticized the reliability of the Lexus GX 460 in the turns, Ed).We are confident that this update will resolve this matter, "said Steve St.Angelo, responsible for the quality of Toyota in the U.S..

Toyota said that all Lexus dealers will have the VSC software by the end of April.

The announcement comes as Toyota has agreed to release another record fine of $ 16.4 million imposed by the Securities and Exchange Commission (SEC), the "policeman of the Exchange» U.S. for its slow to reveal the existence of technical defects.

To date, Toyota has recalled more than 9 million cars worldwide because of brake problems or accelerator, including 6 million in the United States.

At the New York Stock Exchange, Toyota lost 0.39% to 79.06 dollars in a market up 0.68% at 11,094 points.

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The public offerings of the company is in the pipeline since 2007 but it met with halting introductions imposed by Chinese authorities in the wake of the global financial crisis. Today, markets are reopened. And according to our information, Sinopacific just dropped his record updated in light of its 2009 accounts, the office of Constable of the Shanghai Stock Exchange.Objective: To be listed this year 2010.

Specifically, the transaction, advised by the Chinese bank Citic, will consist of a capital increase of around 15% to 18% of the capital. It would show a valuation of about $ 1.5 billion. Not bad for a company born in 2003, only the combination of Jacques de Chateauvieux and Simon Liang, a Chinese married to a French speaking, who was educated in France and the United States. The two men met when first proposed to sell in the supermarkets of the second Vietnamese – sold for an activity – the firs … plastic.

53 boats in one year

In 2003, the two entrepreneurs are going into the adventure by buying a naval shipyard privatization in Zhejiang province, then by taking another auction facility, in bankruptcy, in Jiangsu.The addition of the two sites account for the time employees and 1 500 pound … 3 boats a year. Eight years later, Sinopacific advanced to fifth place in the Chinese shipbuilding private and delivers two types of products: large commercial vessels, including bulk shipping, and smaller specialized boats in the offshore (gas, bitumen , …). 53 buildings are out of his workshops last year.

The explosive growth of Sinopia due to several factors. It is obviously correlated with that of China. Shareholders Sinopia also significantly expanded its capabilities.

Finally, Chinese shipyards have found a regular customer to the other great asset of Jacques de Chateauvieux, the Bourbon Group, which owns a quarter Jaccar capital. The world's leading specialist marine services, especially the oil companies, is leading a fleet of 369 ships.Last year, it accounted for a quarter of the order book Sinopia.

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Group profit is down very slightly, falling from 290.2 million from 288.8 million to cover the damage. At the General Meeting to be held June 7, 2010, the proposed dividend per share of 1.05 euro will be payday loans no teletrack .

The investments of Hermes in 2009 were mainly devoted to enhancing production capacity and its distribution network.The group plans to continue this year to develop its distribution network with the opening of twelve branches, including the new store Rue de Sevres in Paris and a second branch in New York on Madison Avenue, first store dedicated entirely to the masculine.

At the Paris Stock Exchange on Thursday around 9:30 am, the title lost nearly 1.5% at 103.6 euros.

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This rate is calculated from a survey of potential job seekers, while the estimate of creations or deletions of positions from a survey of businesses. But last month the proportion of discouraged unemployed and of persons employed part time, lack of full-time position, declined.So says the rate of "underemployment," the single most severe unemployment, back in January to 16.5%, against 17.3% in December.

Other positive signs are emerging. For the first time since January 2007, enrollment in the manufacturing sector increased (+11 000). This is best supported by increased overtime and raising the average actual working week. The average hourly wage also rises by 0.3% against 0.2% the previous month. Temporary jobs continue their net increase (+ 52 000). While they doubted the strength of demand, companies, out of prudence, first prefer to hire temporary employees, rather than recruiting staff permanently low fee payday loans .

The services sector, largely dominant in the U.S. economy, had destroyed 96 000 positions in December.He has recreated 40 000 in January. The good news is, however, be interpreted with caution, because it largely reflects the hiring of temporary workers by the federal government to carry out the census this year. The states and local communities hit by falling tax revenues continue to reduce their workforce.

Revised estimates

"Judging by the figures of growth in the fourth quarter (+5.7% yoy), reflecting mainly an effort to restock, real final demand is not strong enough to push companies to start of hire.It will take probably six to twelve months to see a trend of strong recruitment, "says Jay Mueller, portfolio manager with Wells Capital Management in Menomonee Falls (Wisconsin).

Reading the figures released Friday is complicated by multiple revisions of previous estimates. November proved much better than we believed, with 64 000 new net posts and not 4 000. But December was disastrous, with 150 000 net job losses, rather than 85 000 as we had originally estimated. Moreover, a massive revision of figures covering the twelve months prior to March 2009 reported eliminations 930 000 additional jobs. This brings to 8.4 million jobs destroyed in the United States for two years.