Innovation and Networks, protection of privacy, digital divide, security against cyber attacks are on the agenda of the conference New World 2.0. However, "there will be no statement after the conference, because there is already the declaration of Deauville, Le Figaro said Eric Besson. I wanted to spend New World 2.0 principles into action. It is time to materialize. "

Participants include, among others, Elliot Schrage, head of public policy for Facebook, David Drummond, Senior Vice President in charge of development of Google and Stéphane Richard, CEO of France Telecom, and Neelie Kroes, Vice President of the European Commission , in charge of the digital agenda. "This is progress as concretely as possible. These are issues that must be discussed together. New World 2.0 will bring together participants from 18 countries from five continents and all walks of life: ministers, large companies, startups, bloggers, venture capitalists, civil society, "explains Eric Besson cash advance today.

Value of content

The question remains networks at the heart of the debate. "There would not have the current development of the Internet without investing heavily in networks. In addition, we are only at the beginning of the increased use of networks.This raises the question of standards, quality of networks and investments, "says the minister. Before continuing, "On networks, we also work with the Americans. We do not want to trap them. What is the value of networks that are circulating over the contents. Our goal is to involve all major players. Thus we are able to be in the same round table number 2 on Google and the boss of France Telecom. "

If no resolution is produced at the end of this seminar, we must also rely on the goodwill of the United States, who will take over the presidency of the G8, to wedge the next go digital . "The event was to bring Internet to the agenda of the G8. And the highlight today is to bring together so many Internet stakeholders to implement together the principles of Deauville, "said Eric Besson.

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.

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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.

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A few figures summarize the tremendous success of the first high-speed train developed by Alstom to accommodate all age groups, mobile executives, young, old … In all, nearly two billion passengers have taken in 30 years. 83% of French people have traveled at least once on board the TGV, which now serves 230 stations.

But the station pulled the alarm a few years ago commercial success, the TGV is not an economic powerhouse.The accounts of the industry are deteriorating, the fault, including the tolls the operator must pay to Réseau Ferré de France, the operator of the system for the use of high-speed lines. Today, nearly 30% of high-speed lines in circulation are not profitable. Guillaume Pepy regularly reminded that the company can no longer afford to invest in next-generation trains quick guaranteed personal loans.

The future railway landscape

Several projects of new lines are under way: the Rhine-Rhone, just opened, the Tours-Bordeaux, Brittany or the Loire region, not to mention the circumvention of Nimes and Montpellier. But others are virtual as the Paris-Caen. The success of the TGV has indeed given to the regions want to have "their" TGV.But the question of funding problem and use increasingly common in public-private partnership, a financing involving the state and communities in building a private group, is not a panacea.

After the festivities, Focus on the rail, a kind of rail Grenelle oragnisé by the Department, will again bring together industry players at round tables austere. Objective: To shape the future landscape railway … and give the French the prospect of other celebrations in the coming decades.

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"The problem of sovereign debt for all advanced countries, even if the focus is on the euro area and Greece in particular," she said in Washington during his first press conference at the headquarters of the institution . A meeting of the Board of the IMF will be held Friday to decide the payment of the new tranche of aid to Greece.It calls on this Greek political parties to agree on the reforms needed. "I hope they can learn by the examples given by the political parties in Ireland by political parties in Portugal," she said.

"18 hours of meetings"

Christine Lagarde has generally adopted a modest attitude and merely paint in broad strategy the International Monetary Fund: "I'm the Fund since 24 hours, 18 hours spent in meeting," did she pleaded. She presented her action plan "three Cs". First "connectivity", "all economic problems are related to each other." She then stressed the "credibility" of the Fund, "our work must be honest, fair and balanced."Finally, she defended an approach to "complete": the issue of deficits is essential, but that of unemployment and social affairs should not be overlooked. Point of view already developed by Dominique Strauss-Kahn. A fourth "C" as "continuity" can be added to this list.

She also said the channel France 24 have "talked on the phone" with the former director to discuss "a number of files in progress." "It was a strictly professional contact and devoted exclusively to the estate that I take," she said.

Christine Lagarde has also repeatedly stated that the Fund was "serving" of its 197 members, he was there to "provide services" to help restore the "instability" of the world.It also intends to "enhance the legitimacy of the IMF" by ensuring "a better representation of its members" via voting rights but also recruitment. Many commitments made during his campaign from emerging countries who want to have more weight within the institution. Or, in the future, get direction.

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These groups of experts (government officials, economists …) come after the first step. Each placed under the supervision of a consultant or former consultant of the Elysee, they will submit their ideas before the summer break with Bruno Le Maire. Which will compile and groom work for what will happen to the presidential draft. The group "economy and taxation", under the leadership of the Economic Adviser to the Head of State, Emmanuel Moulin (and involving senior officials and former de Bercy or the Elysee), has completed its proposals.These, contained in a document 54 pages – a note and fact sheets – which has acquired Le Figaro, were particularly aims to make France "a land of output and growth."

What remains for now a discussion paper accepts some ideas: no increase in the tax burden, tax system more "tailored" to strengthen the competitiveness of the country and a crop of some mechanisms that have resulted in "abuse during the crisis. "To address these three issues, which could form the basis of the discourse on tax policy – and should be "accompanied by a clear discourse on respect for the path of public finances set after the crisis" – the group work presents a series of proposals.

To put the economy at the service of production, experts recommend a reduction in social contributions on labor, with a device resembling a social VAT.The prospective candidate will be "persist on rigorous economic solution, but unattractive in view of lower employer contributions and VAT hike" or "dress reform a measure of purchasing power" by lowering premiums weighing on employees – an option that would nevertheless "a risk of inflation due to wage claims."

Minimum Tax

The increase in VAT will it take several forms: a general increase in the rate of 5 points, "the simplest measure to the highest yield" and / or establishing an intermediate rate, 8% example, to submit to all goods and services today at the reduced rate of 5.5%. The document also discusses the creation of a higher rate for some luxury goods (high-end cars, some jewelry, horses, tobacco, etc.)..The measure "would be symbolic for many French and would develop a discourse on tax justice," it said. It would also have the advantage of being "tax on land still largely untapped by the current government."

On the front of a tax document refers to "measures of fairness" and "a contribution of all": the introduction of a minimum tax and / or arrow (which would allow taxpayers to "decide the allocation of a fraction of the tax "), measures antidélocalisations, a balance between large and small companies corporation tax, etc.. Dismissing any "big night" on tax loopholes, the task force recommends, however, to continue the grooming started by the government.

Incidentally, the document provides a trial incompetence of the left and list the arguments to counter the key measures of the economic program of socialism.Experts speak out against the merger including the income tax with the CSG, "contrary to our values ​​and irresponsible," and against the withholding.

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Clearly, the objective of the meeting will be to keep the bar of 3800 points, narrowly saved this weekend dernière.Aucun major macroeconomic indicator is expected for Monday of Pentecost, which is also expected to take place in low volumes. In this day of solidarity in which the majority of employees stay home, exchanges should in fact been limited.Especially as the business side, no publication is awaited. Again, macroeconomic considerations should therefore guide the market for the first weekly session, including uncertainties about the Greek situation.

Side currency, the euro remained under 1.44 dollars on Monday morning after he experienced back Friday when he was the most sold since the beginning of the month because of disagreements between the various parties the solution to support the Grèce.Vers 8:00 in Paris, the European single currency was worth 1.4343 dollars against 1.4348 dollars on Friday night after coming close last Monday the threshold of $ 1.47 for the first time in a month .

Same side of the volatility of oil prices in a market torn between the prospects of increased production by Saudi Arabia and the maintenance of quotas decided by OPEC.In morning trading, a barrel of light sweet crude for July delivery lost 9 cents 99.20 dollars. That of Brent North Sea crude for delivery gained 13 cents to equal 118.91 dollars.

As for values ​​to follow

Altran

Yves de Chaisemartin lost Friday the group's management, the Board of Directors of the technology consulting company has designated Philip Hall to replace him.

Air France – KLM

The airline's traffic in the Paris airports Roissy and Orly airports may be disrupted on Monday due to a strike notice filed by a union of mechanics on the ground, have we learned from the company.

LVMH

Sephora, the cosmetics distribution subsidiary of luxury group, said to have strengthened his hand in the round of Corsica in Russia, becoming the majority shareholder in nearly three years after joining the company's capital .

EDF

NPP Bugey in Ain, had to reduce its production by 10-15% in late May and early June due to increased water temperatures of the Rhone, an effect of the heat wave spring.

Eutelsat

San Marino RTV has selected two Eutelsat satellites to broadcast its programs through Italy and Europe as of June 13

EADS

Airbus chief says EADS, parent company of Airbus, would be protected against hostile takeover bids but, to this end, it was not essential that Germany be a shareholder in the group.

Carrefour

The management of the distribution group said Sunday, a day after a protest movement, have made a major effort for employees of Carrefour Market stores in terms of purchasing power.

On the foreign exchange market, the single currency rebounded, returning more than $ 1.45 the day after a sharp decline, helped by faster growth in activity in the euro area in April and the success of a Greek bond issue.In the evening in Paris, the euro stood at 1.4514 dollars against 1.4334 dollars late Tuesday.

Oil prices leave ahead

Oil prices surged Wednesday in New York, earning $ 3.17 a barrel to 111.45 dollars, reflecting a fall in stocks of petroleum products in the United States and a sharp weakening of the currency U.S..

Crude oil inventories fell against all odds last week in the United States, after six straight weeks of gains, while those of refined products also fell sharply, according to figures released Wednesday by the U.S. Department of Energy.

On the macroeconomic front, sales of existing homes in March confirmed their upward trend, increasing 3.7% from the previous month to 5.10 million units annual rate according to figures released Wednesday by National Association of Realtors (NAR).

However, corporate earnings will continue to lead the market.

Light on the technological

Intel: 7.70% to 21.39 dollars, IBM: -0.42% to 164.70 dollars

The side of values, the technology sector is at the party after the right figures published by two American giants – Intel and IBM – have for the first quarter pleasantly surprised investors by announcing better than expected results.World No. microprocessors, Intel has indeed released Tuesday after the close of Wall Street net income up 29% and higher expectations for the first quarter to 3.2 billion, a figure matched business "record" due to strong growth in all sectors.

Yahoo!: 4.78% to 16.89 dollars

For its part, the U.S. internet portal Yahoo said Tuesday after the close still a marked decline in its profit and its turnover in the first quarter, mainly because of falling revenue from sponsored sites.The benefit of Yahoo has far exceeded analyst expectations of $ 223 million (-28%). The group's turnover fell from 24% to $ 1.24 billion.

Bank of America: -0.65% to 12.26 dollars

Also note, according to Bloomberg, Bank of America (BAC) may split its private equity division estimated at 5 billion.

Polaris Industries: 20.85% to 110.19 dollars

Polaris Industries (PII) announced the acquisition of Indian Motorcycle for an unspecified amount.

Core Laboratories: -1.23% to 96.07 dollars

Core Laboratories posted first quarter revenues of $ 207 million up 10% over a year and expects a turnover of 215 to 220 million dollars for the second quarter.

CSX Corp: -2.64% to 74.03 dollars

CSX Corp. has announced first quarter earnings of $ 1.06 per share up 36% over a year and a turnover of 2.8 billion up 13%.

Juniper Networks: +2% to 39.24 dollars

Juniper Networks also unveiled for the first quarter earnings per share of $ 0.32 and revenue of $ 1.1 billion up 21% year on year.For the current quarter, Juniper visa earnings per share 0.31 to $ 0.34 and sales from 1.13 to 1.18 billion dollars.

NRG Energy: 2.74% to 22.48 dollars

NRG Energy has announced its withdrawal from Phases 3 and 4 of the South Texas Project, and will depreciate its entire investment in Nuclear Innovation North America in the first quarter for $ 481 million before taxes.

Yet the Nikkei gained 0.18% to 9726.01 points at closing. In the first quarter, the Japanese index lost 4.91%. A cons-performance is explained by the natural disaster that hit Japan on March 11. Between then and March 15, the Nikkei fell 16%.

Tepco found favor with investors

Once is not custom, Tokyo Electric Power (TEPCO) was evolving rapidly rising suddenly before unscrewing a few minutes from the end. Finally, the stock ended unchanged at 466 yen.Since 11 March, the stock lost 78% of its value (22.6 billion euros).

Investors in Tokyo also attended Nissan carefully. The Japanese daily Nikkei said after a meeting with Carlos Ghosn, CEO of Renault Nissan, the two manufacturers could be combined in a single holding company "within two to three years." But a spokesman for Nissan denied this, stating that "this product is a misinterpretation" of what the CEO. Suspended in early trade, as the Nissan took over the scoring after this denial, and gained 0 pay day loans.54% to 735 yen.

Caution on other Asian stock markets

In general, caution remains the watchword on Asian stock markets with the approach of U.S. employment figures to be published Friday. In China, the Hang Seng in Hong Kong ahead of 0.10% to 23,474.10 points but gaining 1.9% since the beginning of the year.For its part, the CSI 300 Shanghai yields 0.88% at 3227.41 points, but gains 3.17% in the first quarter.

On the other financial centers in the area, the TAIEX Taiwan yields 0.24% at 8625.18 points (-3.9% in the first quarter) and Singapore were down 0.06% to 3093.59 points (-3% ). In contrast, the S & P / ASX 200 in Sydney is 0.46% at 4844.30 points (+2.1%), the BSE Sensex 30 Bombay advance of 0.58% to 19,401.50 points (-5 , 4%) and the KRX 100 of Seoul is small increase from 0.09% to 4485.97 points (+2.2%).

Slight rise in oil prices

Oil prices were up Thursday morning in electronic trading in Asia in the wake of the rebound on Wall Street, analysts said. In morning trading, a barrel of light sweet crude for May delivery gained 28 cents to 104.55 dollars. That of Brent North Sea crude for May delivery took 20 cents to 115.33 dollars.

After the transaction, the group headed by nearly 60 luxury brands including Louis Vuitton, Moet et Chandon or Christian Dior, hold 51% stake in Bulgari. LVMH should then launch a tender offer to purchase the remaining shares of Bulgari. The title was trading at 7.59 euros Bulgari Friday at the Milan Stock Exchange, valuing the company about $ 2.3 billion. The English-language newspapers believe that the offer from LVMH would include a substantial premium over the market value low interest rate personal loans.

In exchange for the sale of the stake, the Bulgari family would become a major shareholder of the French group. In addition, education leaders including Italian and CEO Francesco Trapani, part of the Bulgari family, should take a key role at LVMH. The family could even sit on the board.

This operation comes at a rebound of the luxury market which had suffered badly during the recession. Bulgari has published a 21% jump in quarterly revenue in January, while the group headed by Bernard Arnault saw sonrésultat net soar by 73% over 2010.

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