"I need six months," stated January 6 Roselyne Bachelot, the Minister of Solidarity, in order to find explanations for the slow ramp-up of RSA Young. The replacement income (RSA base) or complementary (RSA activity), created by Martin Hirsch at the request of Nicolas Sarkozy, had been extended four months earlier to 18-25 years for help and empower those who work out of poverty. Without much success.

Only 5,000 young people benefited from the end of 2010 RSA. Less than a third of the number of recipients while working. Ten months after the declaration of the Minister, the objectives are still not met and no corrective action was unveiled.

According to the latest scores (end June) and Le Figaro has procured, 10,200 youth aged 18 to 25 years are now affecting the RSA Young.An increase of 100% of beneficiaries in a little over a semester, but a figure still well below the initial target of 160,000 to 200,000 posted in September 2009. In 80% of cases, the RSA is nothing but a supplement to earned income which grew by an average of 130 euros per month.

Roselyne Bachelot took his time

"It was the objective of the measure, objecting a ministerial adviser: providing additional income to young people active." And not, as had been hammered in September 2010 Marc-Philippe Daubresse, then in charge of its implementation up to the government to "create an assistantship grant for youth."Less than a year after the extension of the RSA to 18-25 years, only 2000 young people (who worked two years in the last three and no longer receiving unemployment benefits) affect, in fact, just the RSA base, income Replacement of just over 460 euros per month.

As for Roselyne Bachelot, his silence is easily explained according to his entourage. Given the complexity of the case, the Minister of Solidarity decided to give some time to analyze the reasons for the low rise of the device. "The subject is by no means abandoned, we are assured Avenue de Segur. We begin to have a little more back and we will soon make announcements to that effect. "

According to reports, corrective measures will be announced before the end of the year, with six months behind the original schedule, most likely during the Review Conference of the RSA to be held December 15."Fill a folder is a gas plant for a young struggling to meet all the necessary documents," and advocates a relative of the minister should propose a simplification of administrative procedures. It is not excluded that the conditions for entry into the device, from the outset considered too restrictive by Martin Hirsch, should be reduced to allow more young people to benefit.

After a session with no major issues on Wall Street, marked by a slight decline of 0.30% S & P500 at 1203.66 points, and an increase of 0.60% of Nasdaq, at 2620.24 points, the equity markets Americans are again expected to rise for the last weekly session. Going against the Asian markets but in the wake of the Paris market, futures contracts on the S & P 500 and the Nasdaq advancing to 13.15 0.88% and 0.83% to 1208.40 and 2345.25 points.

However, this increase could be fragile. Investors may be tempted to take some of their gains after an increase in the Dow Jones 7.7% since the start of the week. Despite disappointing indicators in China (record deficit and a slowdown in trade surplus), U.S. carriers have in fact largely welcomed the progress of the week on the back of the Greek debt.

Uncertainties before the preparatory meeting of the G20

Once again, they will therefore be watching much of the session on the other side of the Atlantic, in Paris, which starts tonight and tomorrow until Saturday the preparatory meeting of G20 finance for the Cannes summit of November 3 and 4. The day after the green light by the Slovak Parliament to strengthen the European Financial Stability Fund (EFSF), European markets are waiting for concrete proposals to resolve the debt crisis in the eurozone. An expectation that the more salient, despite the slight relief seen this week on this subject, fears have resurfaced, with degradation that night by Standard & Poor's to the next level of the sovereign rating of Spain, "AA – "combined with a negative outlook.The rating agency's estimation likely further deterioration of the Spanish financial system.

These bad signals sent by the rating agencies do not, however, hinder the progress of the euro, which was up slightly against the dollar on hopes of crisis. Friday at 11:40, the euro was worth 1.3802 dollars against 1.3783 on Thursday.

The bank also threatened

In this global context, and in the wake of disappointing results yesterday from JP Morgan, the banking sector could remain under pressure. The exposure of banks to various debts of European countries and the possible need for recapitalization will remain a key concern payday advance low fees. If the biggest fears concern European banks, the U.S. financial KBW index was down over 22% since July 21.Placing under supervision yesterday by Fitch of three French banks (BNP Paribas, Credit Agricole and Societe Generale) should not lead a turnaround. Especially since the U.S. rating agency included four other international banks in its radar, and also degraded the Swiss UBS note one notch to "A".

New round of indicators

In terms of indicators, investors are attentive to the publication of retail sales for the month of September (1430). At the same time will be announced the import prices for September. At 3:55 p.m. ET expected the first estimate of the index of consumer confidence from the University of Michigan for the month of October. This series of publications will end with the stock assessment and business sales for the month of August.

Finally in China, inflation slowed slightly to 6.1% in September, against 6.2% in August, the government said Friday, but remains at a high level that does not bode a loosening of Chinese monetary policy.

As for values, the earnings season for the third quarter continues.

Last night, Google unveiled better than expected quarterly accounts. In the third quarter, its net sales rose 37% to 7.51 billion, and net income reached 2.73 billion dollars against 2.17 billion a year earlier.

After announcing Wednesday an increase of 4% of its quarterly net income, the American producer of beverages and snacks Pepsico is preparing to enter the market yoghurt.The Wall Street Journal, the American giant is about to create a joint venture with the German dairy group Theo Müller.

The toy maker Mattel said Friday aa a quarterly revenue above expectations, up 9% between June and September at two billion dollars against 1.97 billion expected by analysts.

Apple. The Apple brand will launch this weekend, the iPhone 4S, one of the latest products developed under Steve Jobs era. Analysts said the new smartphone would be sold over 4 million copies in its first weekend of marketing.

Unilever. The Anglo-Dutch food and cosmetics in Russia is growing by acquiring 82% stake in the Russian Kalina, for 390 million euros.

Coface is concerned about the effects of the financial crisis on the real economy. Noting a decline in the strength of companies, credit insurance company, which today unveiled its new assessment is lowering its ratings for the euro area and the United States.

"The outstanding, which had indeed declined after the peak record in mid-2009, increased 12% worldwide in the first half of 2011," says chief economist Yves Zlotowski. Peripheral countries in the euro area are the most vulnerable, with an increase of 28% in Greece, Italy 29% and 71% in Portugal. "In this country, it is less sovereign risk worries that the business impact of the recession, austerity measures, the credit crunch and lack of growth opportunities," said the Chief Economist.

Another weak link, Italy (rated A4) which is found as Portugal (A4) on negative watch.The economy suffers from structural weaknesses of businesses, which will be aggravated by the economic slowdown. Degraded by one notch, Greece (note C) brings in its wake Cyprus (note B), due to the high exposure of its banks and a very high private debt no faxing pay day loans.

Other countries in the euro area – Germany, Austria, Belgium, France and the Netherlands – retain their A2 rating but lose the positive watch, as the United States.

Crisis of confidence

Overall, the two sides of the Atlantic are suffering the same problems.In downturn, linked to debt reduction of economic agents, combined with the crisis of confidence reflected in market volatility, the distrust of banks holding back access to credit, and political obstacles, among the psychodrama of the debt was U.S. and European delay in resolving the case of Greece and strengthen the euro area.

"We need a credible institutional scenario on European and safeguards," notes Yves Zlotowski, is said, however, confident. "There have been major advances in Greece, the role of the ECB, the EFSF …."

ALSO READ:

The information should be confirmed in the late morning. Hersant Media Group (DRG), publisher of 27 newspapers, and the Belgian group Rossel, editor of Le Soir in Brussels and owner of La Voix du Nord in Lille, will create a jointly owned holding company in which they will bring some of their regional daily press titles. Rossel it will house La Voix du Nord and Le Courrier Picard. For its part, GHM will entrust the securities of its poles Champagne-Ardenne, Picardie (The Union, The Ardennes, Eastern Lightning …) and PACA (Nice Matin and La Provence).

Excluded from this agreement the domestic free press Comareg (Released Sold), the division overseas (France Antilles, New Caledonia The …) and the group Paris Normandy.The latter could be brought to the joint venture after a restructuring led by the leaders of GHM.

This was submitted yesterday to the pool of 17 syndicated banks that have lent 190 million euros to Hersant Media Group, on the redemption, in 2007, Lagardère securities regional daily press in the south of France.

GHM has made some 700 million euros in turnover in 2010 to an operating profit of 18 million. The group, controlled by the family Hersant and directed by Dominique Bernard, announced in early July to be ready to open its capital to meet its debts. It has already sold its holdings in 2010 in Mediapost and Eastern Republican.

ALSO READ:

"Hersant Media sold to Belgian Rossel

"Hersant Media is ready to open its capital

"Europe will have solved all its problems before the G20." German Chancellor Angela Merkel and President Nicolas Sarkozy, who met in the late afternoon in Berlin for a working meeting to discuss the crisis of the euro were at their common determination to do everything to save Europe. They set a schedule for the challenges that currently threaten the single currency must be resolved before the Cannes Summit, the 3 and 4 November, where the 20 richest countries in the world will gather under the French Presidency.

No concrete decisions

Paris and Berlin agree on everything kept repeating the two leaders. In particular the need to "take the necessary measures to recapitalize banks", according to Angela Merkel, or rather to "strengthen the capital structure of banks in Europe," according to Nicolas Sarkozy.A semantic nuance that neither one nor the other details provided. The "details" will be specified later they have promised, even suggesting an EU summit scheduled for October 17 and 18 and qu'unEurogroupe quick pay day loan. This lack of concrete decisions may be poorly received by financial markets because it gives the impression that there are still differences between Paris and Berlin on how the European financial stabilization (EFSF) must be used to strengthen bank capital.

However, the two leaders seem more attuned to the desire to strengthen economic integration Lazone euro. It will require "significant changes" to the European Treaties, provided Nicolas Sarkozy.All these elements will be subject to comprehensive proposals before the end of the month, concluded Angela Merkel and Nicolas Sarkozy.

ALSO READ:

"Banks: tensions before the meeting Merkel-Sarkozy

"How to Save the Euro?

"The euro area ordered to do something about the crisis

The controllers returned to work. Having asserted their right to withdraw on Thursday afternoon and Friday morning after a àl'agression of their colleagues, the general assemblies held throughout France have all voted Friday to return to work.

Friday morning, in an interview Figaro.fr, the president of the SNCF had to call cool railway asking them to quickly resume work. After discussions with the unions in turn, management has committed to hold meetings with them to work to improve the security services. The first will be held Monday.

Traffic TGV, Corail and TER improved significantly Friday afternoon on the entire network, including 8-9 in 10 TGV from and to Paris and a TER of 2.But the return to normal really did that Saturday morning.

To find out if their train is running, users are advised to consult very Infolignes site, or call toll free (free from a landline) 0805 90 36 35.

Toll-free number and site of SNCF informationPotential always invites customers to delay their trip or take alternate means of transportation. Ticket holders whose train was canceled may obtain a refund, or take any train leaving for the same destination without the need to exchange their ticket.

The strike controller led Thursday the cancellation of all trains at night, and created a big mess all over the country. According to the station, all passengers stranded at the station in the evening were able to reach their destination or were assisted to find accommodation for the night.According to the Ministry of the Interior, it was not necessary to set up emergency housing plan.
Board trains at the Gare Saint-Charles in Marseille. Photo credits: GERARD JULIEN / AFP

The big aerospace contracts at arm's length support the French foreign trade. These two sectors have advanced temporarily to France to reduce its trade deficit by 32% to -4.967 billion euros, against -6.363 billion in July, according to Customs figures published on Friday.

"Deficit reduction is entirely due to the transport sector," stressed the customs in a statement. Remains that over the last twelve months, the gap between imports and exports widened to 66.8 billion euros, against 51.5 billion for 2010.

Exports reached on August 37.42 billion euros, up 2.9% at three months. Airbus sales have been strong high for the month of the year, thanks to the delivery of three Airbus A380 super jumbo no fax cash advance.In addition, France has delivered two satellites, one in China (112 million) and the other in the United States (130 million). The performance of aerospace and aeronautics, powered shots of large contracts, are very volatile from one month to another.

The rest of the industry has pretty well taken for export, Customs noted "particularly strong for industrial machinery and electrical equipment, industrial exports are fixed for the chemicals."

Imports in turn was driven by the manufacturing industry (chemicals, rubber, plastics, industrial machinery, etc.).. "Imports are also rising, particularly since the European Union (Ireland, Germany, UK and Netherlands), 'the Customs.

Samsung does not waste time. After the presentation of the 4S iPhone, the South Korean group said it would ask for an interim prohibition of sale in France and Italy, pending a trial on the merits. He said the new phone from Apple violated its patents in the 3G. This violation is "too severe" to be ignored, says Samsung, which will carry out actions in other countries, "after further review."

The lawsuit against Samsung in the iPhone 4S, very fast, is not a surprise. During September, several of its leaders had suggested to the English-language daily Korea Times that a major action was preparing for "Apple hanging in the courts' right out of the new iPhone."It will be impossible for Apple to sell its iProduits with telecommunications functions, without using our patents," explained an officer of Samsung on condition of anonymity.

In detail, the Samsung grievances against Apple are the same as when filing a complaint with the Tribunal de Grande Instance de Paris, July 8, against the iPhone 3G and 3G, the iPhone 4 , and 1 and 2 iPad 3G version. According to Samsung, these devices infringe three of its patents on W-CDMA technology, used for third generation mobile telephony. The application for interim measures against the iPhone 4S is it on two of its patents.

"We seem to move towards a total war"

The application for non-iPhone 4S in France and Italy in addition to a litany of lawsuits between Apple and Samsung launched in over ten countries unsecured personal loans.The American group, which attacked the first, seeks to prohibit particular tablet Galaxy Tab 10.1 smartphone Galaxy and S2, which he considered too much like the iPad. He earned a win in Germany and Australia, achieving a ban on the shelf. A proposed agreement, Australia has been refused by Apple.

Samsung, which had initially decided to adopt a defensive position, finally decided to strike back against the courts. "We seem to move towards a total war," said a spokesman for the group told AFP. However, it concluded last week an agreement with Microsoft, by agreeing to pay a fee for each Android phone sold under its brand and committing to support the development and marketing of Windows Phone.

Adversaries in court, Apple and Samsung are still partners.In 2010, Apple was also the second largest customer of Samsung, after Sony, representing 4% of its annual turnover. Memory and the processor of the iPhone A4 and 4 are supplied by the South Korean conglomerate. Samsung also manufactures the processor of the iPad 2 A5, which is found in the iPhone 4S. Its share in the design of other parts of the new Apple phone is not yet known.

ALSO READ:

"The BBC took over the new iPhone 4S

"The iPhone 4S does not generate enthusiasm in stock

The automotive sector is on the alert. As shown in Le Parisien on Saturday, Brussels would consider tax per liter of diesel in Europe from 8 to 15% more than gasoline. A directive to this effect must be examined by the European Parliament in November for an application expected in 2013. Objective: To fight against this highly polluting energy, used by nearly 7 million cars in Europe.

The European Commission highlights the paradox between a cleaner gasoline and cheaper duty-sold more expensive at the pump, and diesel more expensive duty free, massive source of emissions of fine particles hazardous to health, and less expensive for motorists. She said outside the UK, the tax treatment of petrol and diesel in Europe is "flawed" and needs the overhaul.

Concern

For manufacturers, the news comes at the worst time.These are already working on the application in 2014 of Euro 6, which calls for reducing carbon emissions and fine particles. This standard requires them to implement expensive technology on diesel vehicles that will increase the price of these cars from 1500 to 2000 euros. What scare away customers. If in addition the price of a liter of diesel fuel were to increase significantly, the diesel car market could collapse.

The Committee of French Automobile Manufacturers believes that the introduction of this directive in France could lose 20 points of market share on the sale of diesel cars. In the columns of Paris, its president, Patrick Blain, worried: "The decline in production in French factories (on the cutting edge in the field of diesel, ie) would inevitably have social consequences," he warns.

Professionals and individuals may also choose to get rid of their cars too expensive, which could lead to plummeting prices of diesel cars. "It may be possible to adopt transitional measures that will leave everyone time to adjust," said he.

ALSO READ:

"Despite gas prices, the French roll more

"The State will continue to support the electric car

For the first time in ten years, a television advertising campaign will promote the merits of LU. So far, the leader in biscuits in France (acquired in 2007 by Kraft Danone), reserving his campaigns to his blockbusters (Prince, Pepito, Granola …), while no fewer than 40 brands. LU is now expressed in new spots. The biscuit can more effectively support its entire portfolio. In 165 years, LU also offered its first facelift in a decade. On the packaging of its 250 references, the red and white logo LU, more massive, with its slender letters, has taken over the product names. The cookies, wafer Paille d'Or at the Pooh Lulu, are now intertwined with the logo, to better capture the attention of the consumer.

Tea and restart Chamonix, marks 'forgotten'

"In recent years, Kraft's strategy has been to support the products, the brand LU was only there as security, acknowledges Chrystel Barranger, Vice President, Marketing Kraft Biscuits Europe. We must allow all to grow our portfolio, including brands such as Chamonix or Tea forgotten. "The food giant hopes to fight against any erosion of sales. "We had to give back to LU acclaim without losing the consumer," says Delphine Cadoche, executive director of Red Dragon packaging, the design agency behind the new visual identity of LU.

As a result, the perception of the range changes by customers. "It's very efficient in terms of recognition rays", admires a competitor creditreport.This strategic rethinking of the visual identity of LU, prepared for a year and a half, was initiated in Chicago, headquarters of Kraft and then driven to Paris.

It was vital for LU. While the brand is purchased at least once a week by 60% of French households, with a market share of 25% behind the labels. But LU, which has the widest range, did not realize enough synergies.It must stand out more from its competitors in the minds of buyers and the radius biscuits, one of the largest hypermarkets: 424 references on average, over 15 linear feet …

"The goal of Kraft is to strengthen and exploit its market leadership based on a strong umbrella brand, says Jean-Daniel Pick, a partner in the firm OC & C. It is a strong trend in the food just like what was done with his own brand Nestlé. "If the group is gaining ground on the MDD for a year and a half, he must above all its blockbusters. In mind, the timeless Prince, the best-selling biscuit in France.

Kraft also plans to promote its LU biscuits, which account for more than half their sales in France, outside its borders. But some best-sellers should be marketed outside the Hexagon logo without LU.Pepito and ready to go out in Europe under the emblem of Milka, another brand of Kraft.

ALSO READ:

"The success of Oreo been emulated on the shelf

"Kraft separates its sweets and biscuits its cheese