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The civilian nuclear should not be restricted to a few. Opening Friday – at OECD headquarters in Paris – the international conference on nuclear Nicolas Sarkozy immediately insisted on the principle of cooperation. "France believes that the share of nuclear power for peaceful purposes is a decisive factor for compliance with environmental concerns and a better distribution of wealth in the world," explained the president.

A clear signal at a time when some sixty countries intend to establish one or more reactors to produce electricity.Except that such a machine is expensive – more than 5 billion euros for example, the EPR (the prototype third generation being built by EDF and Areva) – and it requires highly skilled personnel to make function.

Specifically, Nicolas Sarkozy called on Monday in Paris that the financing of major international institutions can benefit new entrants in the atom. "I do not understand and I do not accept ostracism of nuclear power (…), the current situation is tantamount to condemning the country to an energy more expensive and polluting, has hammered the tenant of the Elysee.

Regarding the development of skills, Nicolas Sarkozy announced the creation in France of an International Training Institute. It will house a "school of international nuclear" as part of an "international network of centers of excellence".An initial implementation has already been decided: it will be in Jordan, a country with which France has signed a nuclear cooperation agreement.

Pathway lights

Overall, the intervention of Nicolas Sarkozy should be read in light of the ambitions of the French sector, which is developed contacts with many countries – in addition to firm orders – to sell the EPR. A chain but seriously mistreated in Abu Dhabi where the lights consortium (consisting of EDF, GDF Suez, Areva and Total) has been outflanked by South Korea.

Monday, referring implicitly to this failure, the president regretted that the market does not classify reactors that according to the price criterion. But the EPR is significantly more expensive than most other models with which it is directly in competition.It should therefore, according to Nicolas Sarkozy, that the International Atomic Energy Agency (IAEA) establish a classification "as the criterion of safety."

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  • Alstom! President Nicolas Sarkozy will never tire of telling Sarkozy the Minister of Finance in 2004. Whoever saved Alstom decommissioning by the German Siemens. He never ceased to recall this episode, during countless visits to factories. It is true that the rescue of Alstom was the founding act of Sarkozy statist. Finally, more along the lines of Napoleon III and Saint-Simonian as laissez-faire and ultraliberalism which accused his opponents.

    During the 2007 campaign, the candidate Sarkozy has never released this theme. He was seen walking the plant “more than all the candidates from left, like he repeats, in criticizing the years Jospin, when the Socialists attempted to explain that” the State can not do everything ” . This direct contact, rough, with workers in their production sites became “the” visual signature of the candidate in 2007, and the new president.

    So much for the rhetoric and symbols. Regarding acts, the Elysee said that the States General of the industry are a step in a long list of initiatives that have already been implemented. Since four billion research tax credit (CIR) voted in 2007, affecting 80% industry, until the reform of business tax – offset by the Parliament – through the great debt, and creation of a Strategic Investment Fund (ISF), excluding the merger of GDF with Suez. Sarkozy believes that it has twice as hard on the industry since his election. And if the results are awaited crisis requires, the Elysee said that “for the first time, the market share of French exporters in the euro area began to recover after more than ten years of decline” payday advance lenders .

    This intervention, he claims, is intended to continue and even increase. Because, says the head of state is what the public expects of him. The closure of the plant Gandrange folder in which he pledged personally, was not well received, even if the workers have been reclassified. Result, he does not hesitate to push his Minister of Industry, Christian Estrosi, nothing to loose on sensitive issues such as Molex, Heuliez or Philips. A few days ago, he also lobbied for Christophe de Margerie as Total – a group 100% private – do not touch its French refineries, but overcapacity.

    The new milestone was reached Thursday: the reorganization of the state shareholder. More questions to leave as much freedom as before to companies in which the state has an interest.In announcing that henceforth, a representative of the Ministry of Industry or ministry will be named “systematically” the board – next to the administrator of the Agency for State Participation (EPA) — the message is clear: the state will no longer have eyes only on its financial business, he also wants a say on strategy. The Elysee said that this concerns mainly La Poste, France Telecom and Renault …. What could prevent future, Carlos Ghosn is urgently summoned to the Elysee when the guidelines that the CEO wants to take his automotive group is not to the liking of its largest shareholder …

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  • Manipulation. The word has been uttered by Andrew Cuomo, the Minister of Justice of the State of New York. The latter accused Bank of America (BofA), the largest bank in the United States, having committed a "huge fraud" during the merger with Merrill Lynch. He said the former BofA CEO Kenneth Lewis and his former chief financial officer Joe Price, while two continued, would have deliberately hidden the huge losses at Merrill Lynch for a massive federal assistance.

    This "arrogant maneuver" after Andrew Cuomo, would have allowed BofA to validate the merger by the shareholders. Once the transaction is approved, the management of Bank of America has made public the statement of loss and "manipulated the federal government to save the deal with billions of taxpayer dollars, claiming falsely that it would cease the agreement without assistance.

    The bank responded by saying "disappointed" and said its leaders had always been "good faith". The respective lawyers of Kenneth Lewis and Joe Price state that the accusations are baseless.

    150 million dollars in penalties

    In addition to these criticisms, the SEC, the gendarme of the Exchange in the United States, announced Thursday that the agreement to settle other lawsuits related to the acquisition of Merrill Lynch now amounted to 150 million cash advance payday loan . The first agreement concluded in August 2009 set out the penalties owed by Bank of America to 33 million.

    The SEC alleges that BofA for hiding its shareholders having authorized its future subsidiary Merrill Lynch $ 3.6 billion in bonuses despite losses of the latter in 2008.

    The new deal announced Thursday provides for further measures to strengthen the bank's procedures, including the stipulation that shareholders will now have their say on remuneration of the management team. It must still be approved by Judge Jed Rakoff, who had refused last summer how the first agreement.

    The SEC also announced that the proceeds of the fine will be distributed to shareholders penalized by the actions of the bank.

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  • Validated: This morning during a special Board of Directors, France Televisions has decided to enter into exclusive negotiations for the privatization of its governed France Televisions with Lov Financial Advertising and Publicis.

    Only staff representatives voted against while Dominique Wolton abstained after proposing to delay the decision. Indeed, Patrick de Carolis, president of France Televisions has written his "tutelage" in this case Christine Lagarde and François Fillon asking them to affirm the necessity of selling the board even though a number of parliamentarians proposes maintaining advertising day.The president of France Televisions would, however, felt it unnecessary to await the reply of the State to initiate this discussion and even exclusive it would be absolutely necessary for "guarantees" about possible conflicts of interest with a buyer Stéphane Courbit, who is also a supplier of programs for antenna France Televisions payday loan .

    Side employees and representatives are upset that the proposals of the candidates certify the absence of socially for three years for the Metropolitan France. They argue that the end of the pub on their RFO does not give sufficient guarantees in respect of employment.

    "We have a bitter taste," said the representatives of the CGT – the majority union at France Televisions."We feel that the assets of the company is sold off and we find this shocking distinction between employees of the Hexagon and those DomTom. Finally we fear that in a few weeks all realize that this assignment was useless because of changing legal requirements.

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  • After a session with no real trend on Monday (0.07% to 10,205.02 points), Asian stock markets resume upward trend Tuesday. The Nikkei 225 ended the session sharply higher by 1.63%, driven by gains on Wall Street yesterday, the relative stability of the yen and the revival of the Toyota shares after the announcement of a cure his technical problem. At the close, the Nikkei 225 index of blue chips gained 166.07 points (1.63%) to receive at 10,371.09 points.The broader Topix index of all securities in the first table has taken his side 14.21 points (1.58%) to 912.82 points in a market where activity has yet revealed quite low, with 1.88 billion shares traded on the market first.

    Japanese carmaker Toyota said Monday that the pieces to solve the problem of having pedal forced to recall millions of cars in the world begin to arrive in Europe "next week".

    The U.S. and European stock markets have led the way Monday, the Dow Jones, the CAC 40, FTSE 100 and Dax gaining 30 respectively 1.18%, 0.60%, 1.14%, 0.81%.

    Rising commodity prices including gold and oil strongly favors trading companies and oil companies. While the weaker yen against the dollar makes exporting values to increase.The dollar goes back into effect at 90.84 yen.

    The oil companies and trading companies benefit

    The export values are not to be outdone, Canon Inc. gained 2.7% to 3610 yen, Sony Corp. takes 3.3% to 3160 yen and Kyocera progressed by 2.1% to 8320 yen payday loans .

    Regards, Toyota Motor Corp., which has been battered recently on Tuesday, the share jumped from 5.5% to 3640 yen after the announcement of the detailed plan of repair of vehicles recalled by the manufacturer.

    The oil companies are the big winners include the results better than expected Exxon published yesterday on Wall Street. The refiner, Nippon Oil gained 5.3% to 441 yen and Nippon Mining Holdings, whose principal activities include oil refining rose 5.2% to 407 yen. Cosmo Oil takes 2.6% to 200 yen. The tanker Inpex was up 2.3%.Sumitomo Metal Mining Co. gained 1.5%.

    Trading companies also take their game well, Mitsui & Co climbed 3.8% to 1342 yen, Mitsubishi Corp jumped 4.5% to 2237 yen and Itochu Corpb rose 2.9% to 709 yen.

    Among the values sharply down, the action of Tecmo Koei Holdings Manufacturer of video games fell 9.5% to 630 yen after the announcement of a delay in the launch of some key games such as "Quantum Theory" and of lowering its forecast for annual operating profit by 97%.

    From the financial side, Nomura Holdings (+1.6%) announced Tuesday for the third quarter, a third positive quarterly result in a row. Between October and December, net profit reached 10.2 billion yen (77 million euros).

    Softbank gained 3.8%.The telecommunications group introduced on Tuesday a net profit for the first three quarters of fiscal 2009/2010 to 94.86 billion yen (711 million euros), up 63% over one year. A result supported by the mobile business.

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  • The president of Toyota, Akio Toyoda, today apologized for the recall of its models in an interview on public television NHK.

    "We are extremely sorry for having caused discomfort to customers," said president of the Japanese group, interviewed on the sidelines of the Davos Forum in Switzerland. Toyota is looking for reasons for the problem and explain to customers to allay their fears, "he added.

    Up to 1.8 million: the number of cars sold in Europe that the Japanese car manufacturer Toyota will recall at its plants, a lack of accelerator pedal already detected in the United States, Canada and China .Toyota had announced the recall Europe before yesterday, but without the encryption.

    Eight models concerned

    A statement from Toyota, "the precise number is still under consideration, but could reach 1.8 million vehicles" recalled in Europe. Eight models are concerned: AYGO, iQ, Yaris, Auris, Corolla Verso, Avensis and RAV4. But "no Lexus or any other Toyota model is affected," says the group.

    The cause of the recall is a defective design of the accelerator: in some cases, the pedal may stay locked in position down free credit report .The same problem has already caused the recall of 270,000 cars in Canada, 75,000 in China and 2.3 million primarily in the United States, where the group has even had to suspend production and sale of eight models, an unprecedented step.

    "There is no need or intention to stop production in Europe," says Toyota Friday, who said he uses the more contentious parts for cars sold on this continent. The Japanese group says he tries to normalize the situation as quickly as possible, saying he has "found a solution to the problem" and that it will provide instructions to all its customers when its effectiveness will be verified .

    Tadashi Arashima, head of Toyota Motors Europe, has also tried to reassure by saying that the accelerator problem "happens only in very rare circumstances.The action announced is a preventive measure, intended to ensure the highest standards of quality for all consumers. " "We recognize that the current situation creates concern, and we deeply regret," he further stressed.

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  • The Cac 40 does not know which way to turn. After closing sharply lower on Friday, the Paris flagship index opened on Monday, up 0.42%. But around 9:30, it began to reduce its earnings by settling just before 10 o'clock, its closing level Friday, or 3954.80 points (0.01%). But the Cac 40 does not seem to want to slide into the red. Also, around 11 am, he went back on the rise with a gain of 0.49% to 3.9574 marks.

    This morning the Asian seat ended in a steep downward trend. The Nikkei lost 1.16%. The disappointing results from JP Morgan affect the morale of investors who doubt the health of the banking sector. Friday, Wall Street had already set the tone by closing on a negative note. On Monday, the U.S. places are closed due to holiday.

    No macroeconomic statistics that could reverse the trend is expected.

    Renault under the microscope

    As for values to follow, Renault (+1.04% at 39.01 euros) is expected to turn. Group CEO, Carlos Ghosn, announced Saturday that the new Clio 4 will be made to Flins (Yvelines) and Turkey, without giving further details on the distribution of production at both sites. Peugeot appears however down 0.7%.

    According to the British press, GDF Suez (+1.76% at 28.86 euros) is considering a reconciliation with Britain's International Power. The transaction details are not mentioned.

    Louis Welsh, CEO of EADS (-0.94% to 14.57 euros) on Sunday welcomed signs sent by the client countries of the military transport aircraft Airbus A400M.The France had announced it planned to discuss the cost overruns of the project therefore would not be abandoned.

    Air France KLM (-0.96% to 12.38 euros) was followed after the publication in the Japanese press of a rapprochement between Japan Airlines (JAL) and Delta Air Lines, which should lead JAL to join the SkyTeam alliance, which is Air France-KLM.

    According to the Tribune, Axa (0.3%) interested in a stake in the giant Russian Aluminum Rusal, which is listed on the Stock Exchange of Hong Kong and Paris (Euronext) next week. Rusal hopes to raise 2.6 billion dollars (1.8 billion) through its entry into the market.

    The CEO of Accor (+0.60% at 16.74 euros), Gilles Pelisson said in an interview with Journal du Dimanche that the group should not be separated from its brands Sofitel and Motel 6.He said the resumption of the hotel market will slow in the first quarter of 2010.

    Aeroports de Paris (ADP) lost 0.14% to 56.81. The group has published its traffic after market for the month of December.

    Casino (+0.11% at 61.80 euros) is being difficult in Venezuela. Venezuelan President Hugo Chavez on Sunday ordered into effect the expropriation of the hypermarket chain Exito, a subsidiary of Casino, accusing him of having increased its prices so speculative.

    At 18h, Casino and Mercialys (+1.07% at 25.50 euros) will publish its figures for the fourth quarter while Soitec (-0.13% to 11.39 euros) will unveil his third quarter.

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  • Vivendi interested in Mexico

    According to Mexican press, Vivendi and the Mexican group Televisa broadcasting are currently negotiating to bring candidates, common way for a new mobile phone license in Mexico, for an undisclosed amount. The announcement comes as the Mexican telecoms regulator, Cofetel, proposed on the market the equivalent of 120 MHz (Mega Hertz) frequency in the band 1.7 / 1.9 GHz (Giga Hertz). Your Shopping comments have yet been received from Vivendi.

    The limit for submission of tenders is set for May 25 and the award (or) licenses is expected a month later. According to the press, Vivendi and Televisa will give until 15 February to agree this.

    Latin America in the collimator

    After Africa, so it is that Latin America is covered by the French group.Already, Vivendi, winning the battle against the Spanish giant Telefonica to afford GVT (2.8 billion euros), has offered to pass a strong position in the region.

    Mexico and its 110 million inhabitants currently host three large operators, Telcel and Movistar in mind. "The penetration of mobile phones in Mexico is higher than 70%," says an analyst specializing in the field.

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  • Yves Rocher is dead

    Yves Rocher French entrepreneur who founded the brand of beauty products that bears his name, died Saturday in Paris, Lariboisière Hospital. He was 79 years.

    Born April 7, 1930 at The Gacilly, a village of Morbihan which he was the mayor (various right) for forty-six years, from 1962 to 2008, Yves Rocher has played the card environmentalist before his time. Having passed through small ads in "Ici Paris" ointment hemorrhoids cons including a Breton healer gave him formula, he founded the famous brand of cosmetics in 1959, supporting its development on the choice of "beauty through plants' and refusing any synthetic product.

    In 1965, Yves Rocher is launching a "Green Beauty", now translated into over twenty languages. Focusing initially on sale at a distance, it opens three years later the first store. The following year, he sets up shop in Belgium.After leaving the reins of his business to his son Didier in 1992, he took control in January 1995 after the accidental death of the latter.

    "A French industrialist," according to Nicolas Sarkozy

    Present in about thirty countries, the Yves Rocher Group achieves a turnover of 2 billion euros, placing it in 18th place worldwide in this sector. Its turnover is three times larger than The Body Shop, its direct competitor bought in 2006 by L'Oreal. Claiming to be "financially healthy, profitable, low debt, despite recent social movements, the group employs over 15,000 people, has nearly 2,000 stores and boasts over 40 million customers.

    Saturday, President Nicolas Sarkozy paid tribute to "a French industrialist, inventor of the cosmetics made from plant products and a pioneer of the mail.Yves Rocher, adds a statement of the Presidency, "had managed to build step by step a group serving the beauty of women, invested in the development of sustainable employment and environmental protection, particularly through the Yves Rocher Foundation-Institut de France. "

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  • In a letter he sent to his employees, CEO of the U.S. bank Morgan Stanley, John Mack, said it will waive for the third consecutive year to its traditional premium end of the year. "At Morgan Stanley, we are aware of the context in which we operate and the economic difficulties faced by both countries. (…) I recommended to our remuneration committee last week not to grant me the premium end of the year. According to news channel CNBC, the management of Morgan Stanley's CEO wanted to receive this award.

    John Mack will leave his post as CEO at the end of the year to become non-executive chairman of the board of directors. It's James Gorman to take over at the head of the U.S. bank.

    Banks are currently in the sights of government and the American public, particularly incensed by the level of compensation of bankers, while the unemployment rate reached 10% in the country. In view of appeasement, many large institutions have decided to make efforts to pay. As such, the CEO of Citigroup, Vikram Pandit, will not touch a dollar of earnings this year and many executives of Goldman Sachs, another behemoth of American finance, agreed not to receive bonuses cash. Finally, Kenneth Lewis, boss of Bank of America at the outset, it has been pushed by the U.S. Treasury to waive any remuneration for his duties in 2009.

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