In 2008, he cherished the hope of becoming the first secretary of the PS. But he had finally lined up behind the candidacy of Bertrand Delanoe. In 2011, he thought he could be a candidate for the Socialist primary. Then he threw in the towel, choosing to support Dominique Strauss-Kahn, then rallying Francois Hollande not without obtaining the position of campaign manager. Pierre Moscovici, 54, has learned to give up. Here he is rewarded. He is back in force to the government and assigned the Ministry of Economy, Finance and Foreign Trade. Certainly it does not get the Quai d'Orsay which he dreamed, Laurent Fabius was his favorite. But he inherited a portfolio to match its ambitions. And thereby in passing some disappointed, Michel Sapin in mind. "Mosco" consensual socialist, social democrat, is now a heavyweight team Ayrault, number five in protocol order.

It is he who will be at the forefront of the debt crisis. There is no shortage of assets since knows the workings of Europe. He was, for five years, from 1997 to 2002, Minister Delegate for European Affairs in the Jospin government. At the time, the rise of the Express near the then prime minister, who had just been elected deputy of the Doubs for the first time, had been criticized. But, he will prove himself. Former MEP, a graduate of Sciences Po and ENA, he will prepare no quack the French presidency of the EU, negotiating the Treaty of Nice and the European Constitutional Treaty. During this period of cohabitation, he managed also to find his place against Jacques Chirac. In fact, the President of the Republic and the Socialist Minister for European Affairs are of course in these five years: Chirac taking the young minister with no experience under his wing, even to comfort him when he doubted. An agreement with Lionel Jospin was annoyed.

After the failure of the left in 2002, Moscovici was defeated in the parliamentary elections in the Doubs. A year earlier, he had already failed to municipal Montbéliard. Without parliamentary seat, without mayor, he tried his luck with the 2004 European and found his seat in Strasbourg. In 2007 he was again legislative candidate in the Doubs. This time he wins.

Pierre Moscovici, tried by the Revolutionary Communist League when he was young, joined the PS in 1984. He was close to Michel Rocard, Jospin and Dominique Strauss-Kahn, his former professor at the ENA. He is the son of a social psychologist Serge Moscovici, who was a member of the Romanian Communist Party and fled his country in 1947. Pierre Moscovici was the first to openly criticize the Socialist Francois Mitterrand and his relationship with Rene Bousquet. "What shocks me, he said, is that he can spawn with someone who has been a tool of the state anti-Semitism and an accomplice of the final solution of the Reich." … …..

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From our correspondent in London

Rupert Murdoch and his son James are roundly scolded by a British parliamentary committee responsible for a report on the scandal of the late plays of the tabloid News of the World. Rupert Murdoch "is not fit to lead a large international group," concludes the report, released Tuesday. The board deems "surprising" the allegations of Murdoch, father and son under which they would not have been in practice courtant espionage on a large scale in force in their newspapers. "Rupert Murdoch closed his eyes and demonstrated a willful blindness to what was happening in their societies and publications," the whips 121-page report, the culmination of nine months of hearings. MEPs also say that the News of the World and its publisher News International deliberately "misled the committee about the true nature and extent of the investigations they claimed to have carried on wiretapping."

Several leaders of the media group, are also the subject of harsh criticism. His ex-CEO Les Hinton is considered an "accomplice" of concealment of practices in the home. The parliamentary committee has, however, divided on the report's findings, adopted by six votes against four. Conservative members refused to accept the judgment against Rupert Murdoch's ability to manage. Labour MP Tom Watson, spearheading the investigation, has firmly told the opposite: "News International has conducted a cover-up scale of its illegal actions. Its top leaders have lied to parliament repeatedly. And the two men at the head, Rupert and James Murdoch, should now respond to these facts. They have corrupted our country to shame our police and our parliament. They lied, cheated, practiced blackmail and intimidation. "

David Cameron called

The report leaves the House of Commons to decide on possible sanctions, which could involve the convening of Rupert Murdoch for a public apology. It is an embarrassment media mogul facing some of its shareholders, especially Americans, tired of the damage inflicted by News Corp. in this case. The report could also weigh negatively in the review by Ofcom, the regulator of the British media, the legitimacy of the group to manage the BSkyB satellite TV bouquet, whose license could be withdrawn.

Finally, the parliamentary report increases the pressure on David Cameron, who was summoned Monday to the House of Commons where he justified his support for his culture minister Jeremy Hunt challenged for its proximity to the leaders of the Murdoch group in reviewing the file BSkyB. Tom Watson claimed that the Prime Minister and his predecessors Tony Blair and Gordon Brown, the court submit to their email exchanges with the leaders of the Murdoch group.

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The Lada 2107 was an evolution of the Lada 2101, which was partially a licensed copy of the Fiat 124 of 1966. It was produced in Russia since 1982 on the banks of the Volga in a huge industrial city called Togliatti, named after a founder of the Italian Communist Party, Togliatti. In the 1980s, he left the plant of AvtoVAZ over 700,000 cars per year.

Lada was born in Russia in June 1970, shaped by the automaker AvtoVAZ, and originally destined for the Soviet market.

Between the decades 1980-1990, the production of Lada was widely exported, up to 60%, primarily west of Europe, except the United States, only major country not to have imported the mark. Since this period, a total of over 18.5 million Lada labeled "Rivas" was recorded.

The term "Lada" meaning "boat" in old Russian, the brand has always been characterized by very basic equipment personal loan for poor credit. Its logo is also a Viking longship, echoing the supposed strength of his cars. But a key to the success of this car is its Soviet economic price: he had to rely Euro 2800 – with the aid of the state to offer the Lada 2107. Something to be looking at least the lack of comfort, and limited accessories offered the Lada 2107: a radio and a fan.

AvtoVAZ has already bet to replace the veteran by more modern models such as Kalina, Priora and Granta. While relying on the car "ultra-low cost" during the project with Renault, which owns 25% stake in AvtoVAZ.

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Nicolas Sarkozy Knights principle of rent. Asked about the German model in this regard, the president candidate is that this is "a good idea." "I take it back. It does not block the rent but a framework. This is why it is interesting. I will apply, "he vowed in an interview published Monday in Current Woman.

In the mouth of the president candidate, unless the idea is new in that it looks. On 2 February, he said already "think" in a measure inspired by the German model. Across the Rhine, a tenant can attack the homeowner if the rent is 20% higher than the market price. The entourage of Nicolas Sarkozy said he had not yet decided the question whether, in France, the initiative would be left to the tenant as in Germany or if the 20% ceiling would be required automatically to owners.

At the campaign headquarters of Nicolas Sarkozy, it ensures that the President-candidate has not changed sides. Is depressed and the socialist proposal: "This is a measure similar to the 1948 Act (the rent freeze) and it is not the German system," argued an associate of the president candidate quoted by Reuters. "What is a priority for us is not to discourage the development of housing supply, that would surely cause a rent freeze," he added.

"Everything and its opposite"

Francois Hollande camp was quick to qualify this statement of complete reversal. "On housing, Nicolas Sarkozy has said anything and everything in five years. After the 'all owners' roadmap of its policy since 2007, he rediscovered that there are tenants in France, they pay rents too expensive and they live badly, "reacted Repentin Thierry, head of the pole housing and urban policy team of the socialist candidate.

The program promises Francois Hollande "by law to oversee the amounts of rent for the first rental or relocation" in areas where prices are "excessive." But little else. Prices are set by local observatories rents and leases new concern. Especially, the measure would be "transitory", until the market relaxes, explains Thierry Repentin in the newspaper Le Monde on Saturday.

Friday, the benchmark rents (IRL) has increased by 2.24% yoy in the first quarter 2012, slightly less than inflation (2.3% yoy in March). Homeowners can increase to the same extent the rents of their tenants during the lease. However, the Observatory Clamor noted a slight drop in rents charged to new tenants (-0.1%).

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Its facade that gives pride to the larch and its roof like helium-filled, the shopping center that opened Wednesday in Lyon in the new district of Confluence is not like normal plants for sale. Nevertheless, this shopping venue which has 102 stores spread across 53,000 square meters will have to meet quite a challenge. Prove that at the merchant web booming and consumption lowered, the formula is not exceeded. Find its place in a commercial landscape Lyon already quite saturated with 267 shops including La Part Dieu and 85 stores in Ecully fifteen minutes by car. Show that a new center can succeed while the latest openings, especially the Millennium in Paris in 2011 – are not successful.  

To top it off, the latest Unibail is located in a brand new neighborhood with 10,000 new residents already … but where Lyonnais have not yet used to come. A context that does not prevent Guillaume Poitrinal, CEO of Unibail to found great hopes on Confluence. "After three or four years, this center should achieve a turnover of 200 to 250 million with seven to eight million visitors," said he. For comparison, the center of Nice Cap 3000, considered one of the most efficient outside the Paris region reached 450 million euros in annual sales.

Apple Store in gondola

To take his bet, Unibail, which is the leading commercial centers in Europe, here applies the recipe that made its success elsewhere. A large dose of strings prevalent but unavoidable (Zara, Etam, C & A, Grand Optical, Franck Provost …), a pinch of signs that create events (Apple Store, Hollister, California clothing brand of Abercrombie & Fitch) and several newcomers in France and the Spanish brand apparel SuiteBlanco Specialist Portuguese decoration Loja do Gato Preto guaranteed online personal loans. In addition, it adds some local brands such as qualitative Cellerier catering, library Decitre Galix or shoemaker. Obviously, there are a hypermarket (Carrefour one) but small (4500 m). However, there is no distributor of home appliances or TV-type brown goods and computers. No trace either of stores that sell CDs or DVDs. "It's a choice: Today, consumers buy these products online," said Romain-Lavignie Molho, director of the Lyon Confluence.  

Instead, Unibail has developed the leisure part: the second floor is a multiplex with 14 theaters but also a climbing wall, spa and restaurant offers a larger than usual. Of fast food like McDonald's, Starbucks coffee as well as the more upscale chains such as Italian or American Fuxia Razowski. Moreover, to make shopping more enjoyable, Unibail has treated the architecture of the place. Part of the center is open air, in the other part, the transparent roof lets plenty of light, and in public areas, natural ventilation avoids air conditioning, inconsistent with the principles of sustainable development . An approach designed by architect Jean-Paul Viguier, known for directing Heart Defense, the largest office complex in Europe, located in the business district. The coming months will tell whether these efforts will restore the taste of consumers to buy badly shaken by the crisis.

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If the timing of the IPO Facebook is still not known, investors are in turmoil. And gendarmes stock alert. The Securities and Exchange Commission (SEC), the authority of U.S. financial markets, has struck a major blow this week by denouncing irregularities in the market called "pre-IPO" or pre-IPO. She has filed suit Wednesday against SharesPost, a leading specialized platforms in exchange for shares of unlisted companies, like Facebook or Twitter. His main mistake "of having effected transactions in securities without being registered in advance with the regulators as a brokerage." Clearly, the operations were carried out in a strictly regulated market.

Finally, the SEC and the founder of SharesPost, Greg Brogger, reached an agreement. The company must pay a fine of $ 80,000, and its founder will pay $ 20,000 bonus. In addition, SharesPost acquired a brokerage, which allowed him to register with the Financial Industry Regulatory Authority (FINRA), another regulatory body. The SEC announced parallel lawsuits against two managers of private funds – Felix Investments and Free Facie Management Associates – "created solely to acquire shares of Facebook and other Silicon Valley companies, deceiving investors and pocketing commissions unspecified ". The managers of these two companies have sold securities to Facebook prices up to 66 dollars per share, nearly twice the rate at which they had got hold of it, denounces the regulator.  

Gamble "even for sophisticated investors"

"While we applaud innovation in financial markets, new platforms and new products must obey the laws and ensuring fairness and transparency are the basic mark of a good financial regulation", argued a officials of the SEC, Robert Khuzami, said in a statement payday loans. This is a very sensitive issue because Facebook is trading on a gray market with a valuation of nearly $ 98 billion! However, in the first approach, the experts were hoping for a stock of Figaro valuation of approximately $ 75 billion. Finally, it should rather be on the order of $ 100 billion, they say.

The issue of pre-IPO market is considerable, at a time when the SEC ensures restore investor confidence. "When you do not trust your neighbors are happy to see that there are police on the streets," said Max Wolff, in charge of research on the secondary market at GreenCrest Capital in New York, in the columns World. SharesPost and SecondMarket platforms are best known on the secondary market. A market that has allowed tens of thousands of wealthy investors to take their share of companies very popular, as were also Zynga or Groupon before their IPO. Caution, however, not to lose feathers, warns Marc Fagel, director of the SEC office in San Francisco, said in the statement: "This secondary market (…) is dangerous even for sophisticated investors."

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Conducted last October by the Institute OpinionWay with just over 800 individual operators, the survey did feel a great pessimism on the part of respondents.If 87% believe that investment in business is quite good or very good for the shareholders in general, 60% are quite worried or very worried about the financial markets in general and of their portfolio in particular easy payday loans. Over 42% also state that their opinion regarding the financial markets has worsened, despite the measures of financial regulation put in place following the 2008 crisis. 75% also believe these measures ineffectual.

Concerns salon Exchange

Consequence of this pessimism toward the stock market investment (listed shares, mutual funds, options, certificates, warrants), individuals felt it was urgent to wait. Overwhelmingly self (80% fully manage their own portfolio), these investors have mainly invested any additional amount over the last six months (54% of them).

In China, the Hang Seng in Hong Kong ahead of 2.27% to 19,571.36 points and the Shanghai composite index of 1.82% to 2526.15 points.Securities Want Want China Holdings Ltd (7.85% to 7.56 Hong Kong dollars) and Tingyi (Cayman Islands) Holging Corp (1 paydayloan.91% to 21.30 Hong Kong dollars) will be integrated into the index Hang Seng early December.

The markets also monitor developments in euro area at the front of the sovereign debt crisis. In Italy, former European Commissioner Mario Monti has been appointed new Prime Minister last night and must form a new government who will redressser the country's finances.

Tokyo ready to increase its aid to Europe

Japan has also said this weekend be prepared to increase its financial aid to Europe when the European countries have expressed their willingness to fight against their debt problem with a united front.

In the afternoon, the Greek government ministers had submitted their resignation at the request of George Papandreou, who, during an extraordinary cabinet meeting, said goodbye to his staff.

Negotiations behind the scenes

Behind the scenes, negotiations continued Tuesday for the second consecutive day between George Papandreou and the leader of the Conservative opposition Antonis Samaras to reach an agreement on power sharing and the appointment of a consensus prime minister. Sunday, the socialists of PASOK George Papandreou and the main opposition New Democracy had agreed to make way for a unity government after intense negotiations. George Papandreou was also committed to leaving office after two years in power.

For its part, the European Union on Monday called on Greece to write a letter committing to the implementation of the European rescue plan.

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.