In the first five days of strike by cabin crew of Air France, the company is organized to provide as promised 80% of its flights. The company has temporarily restricted on Saturday morning to 100 passengers filling its medium-haul flights Orly. Therefore, passengers can wait a little and minor delays can be saved.

This management method was chosen to avoid having to put down passengers for lack of a sufficient number of hostesses and stewards. "It blocks the flights a minimum. Is completed according to the presentation of the crews as and when. But we have managed so far to complete the flight and make them go as planned, "says the director of Air France at Orly, George Daher. A strategy that annoys some customers. "We were placed on a waiting list by explaining that there was not enough staff.Air France admits that "considerable uncertainty remains about the level of participation of the cabin crew saving account pay day loan." These are not actually required to prevent the direction of their intentions.

In 2007, a similar strike – triggered by the same six unions to the same period of All Saints – had caused major disruptions. Air France was forced several times to review downward its traffic forecast: 90% of flights expected to be provided the day before, this had increased to 60% during the weekend. "Delays and cancellations hot, that is to say, the day of departure are to be expected," has already warned Air France.

Modified or exchanged for free tickets

The company calls the passengers concerned to check before leaving for the airport, on the website of the company, the list of flights canceled or delayed.

Some cheap term life insurance policies may look cheap, but what matters the most is that you must get it.Getting a cheap term policy is not an easy task.

The new dream will all French employees in times of crisis, Airbus has awarded its 16,500 German employees a guarantee of employment until 2016, renewable by 2020 if economic conditions permit. After months of discussions that had turned sour in recent weeks with a warning strike, the European aircraft manufacturer and IG Metall, the powerful German metal union, reached an agreement on new collective agreement to take effect end of 2012.

As part of an "employment pact" Airbus has undertaken not to use any redundancies and maintain the skills of its four German plants. "We did not shut the door to this request for guarantee of employment, because of the visibility we have on our business," said Thierry Baril, HR Airbus bad credit payday loans.

The aircraft manufacturer is leading to a backlog represents more than six years of production. And Airbus has an "exit clause" to protect the company if the crisis was growing, says Thierry Baril. In return, the IG Metall agreed to increase productivity in line with expectations of Airbus, an increase of 5% net per year as against 3% today. The agreement also resolves the question of the use of temporary workers. Their share will be limited to 20% of the workforce between 2012 and 2015 and 15% between 2016 and 2020. These levels may be exceeded temporarily in case of increase in speed.

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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.

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 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.

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"Ridiculous." So that Arnaud Lagardère, General Partner of the group of the same name, described the video circulating on the Internet featuring a photo shoot for his new bride languorous. Like the latter, who described a few weeks ago of "kitsch," Arnaud Lagardere said he was trapped: "If I thought it was made for broadcast as well, I never would have accepted" he says in an interview with Les Echos on Tuesday.

Since its release this summer, like the boss is indeed tarnished. In the national and international press, Arnaud Lagardère towel criticism on their sense of priorities and its presence in the group."Make me be the trial of a person who is too invested in his company who do not spend enough time, as this is the video: ridiculous! I have absolutely no lessons from anyone, "says he.

More generally, Arnaud Lagardère believes that criticism of his private life have no place: "Maybe I'm an atypical pattern, so what? Being happy in his private life is certainly a source of balance for an entrepreneur. This does not have to be dedicated and devoted to this group I love more than anything. "

Not for sale

Arnaud Lagardère advantage of this interview to refocus the debate on the strategy of his group. He says that contrary to rumors in the markets, it has no intention to separate from other assets after the sale of its international Hearst magazines."There is absolutely no discussion of ongoing sale," he slice.

Since the disappointing interim results of the group, the sounds of the show hall for sale by Lagardère of one of its four branches in order to reduce debt or invest. For each, Arnaud Lagardere denies. Including sport for the pole, which helped to seal the group's results: "While the results are not yet up to our ambitions. But I remain convinced that it will remain a growth engine for years to come. "

"I think the interests of our shareholders"

Arnaud Lagardère, however, suggests the possibility of "acquisitions of magazines in France," without further detail. The boss of media group also speaks to reinvest the cash generated from the sale of its magazines in its four branches. Efforts will be made investments on the Internet, weakness of Lagardère."In our group there was a historical culture of the paper so ingrained that it was difficult to immediately turn the digital," admits the owner of the group.

Arnaud Lagardère also a thought for shareholders who suffer the fall of the title. The action Lagardère a loss of 17.40% over a week, and nearly 38% since the beginning of the year. "The group is considering a share buyback or an extraordinary dividend. We must reward the loyalty of shareholders who support us, "said he.

Finally, in the case EADS, Arnaud Lagardere reaffirms its wish to become chairman of the board of specialist aviation despite his intention to free up capital after the exit of the A350."It was one of the express terms set by the Lagardère Group to give the first presidency in our German partners in 2007," he recalls.

"In ten years we will own 100% of our assets and will not be clear neither in aeronautics or in the distribution of foreign press," promises Arnaud Lagardère. At the Paris Stock Exchange, remarks reassure action Lagardère climbed 1.22% to 19.53 euros in a market up 0.56% to 10.40.

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This is a milestone in the history of computing. The world's leading manufacturer of PC announced that it will withdraw from this activity. In making this decision, Leo Apotheker, CEO of HP, takes note of a double reality: the market has already switched to the HP tablets and missed that turn.

The boundary drawn between PCs and tablets no longer be needed. Laptops and the "Pad" or "Tab" to the same target audience. "The tablet is the ultimate mobile device. It will even be the first TV screen connected in homes and transportable, "predicts Christopher Aulnette, CEO of Netgem.

PC sales will continue to grow in the coming years, but at a slower pace. In the last quarter, they rose by only 2% worldwide and even dropped by 19% in Europe, according to the latest study by Gartner.PC sales have been hard hit by soaring sales of tablets. DisplaySearch fact of Apple the leading seller of laptops, PCs and by adding the shelves in the same category. HP is demoted to second place. "The slowdown in sales growth of PC is due to higher sales of tablets," said Richard Shim, senior analyst at DisplaySearch. So much so that by 2016 it is expected to sell more bars in the world of laptops. This is due to consumer demand. The PC market is still supported by demand from businesses.

The launch of the iPad, last year, PC makers were first considered this the emergence of a new market. They readily confined the tablet to the consultation content, reserving the game more "noble" computing, content creation, to the PC.It only took a few months to shake the certainties. On a daily basis, the consumer sends e-mails, watch videos, plays, reading a newspaper, surfing, photo sharing on the Internet … So many things that are perfectly feasible on a shelf, or even more easily than a laptop . Besides all uses brought by additional accessories such as holders for music.

While the tablets are not equipped with big hard drives capable of storing data. But Apple has already provided an answer to storage problems with icloud. All information can be stored on external servers. The only limit to access constantly, you need a connection worthy of the name.The tablet can connect at home Wi-Fi or outside the network via the Internet Mobile Broadband 3G.

An integrated model

Finally, the supply of tablets will continue to evolve, driven by competition among big players, Apple and Google, and their "challengers" Microsoft and RIM (BlackBerry).

"To exist on the consumer market for personal computers, must be able to sell PCs, tablets and smartphones, said Ranjit Atwal, an analyst at Gartner. The profits come from the ecosystem that results, not hardware sales. "Apple is the model. After developing the application store on iPhone and iPad, he extended the principle to the Mac.

As such, Leo Apotheker wanted to go too fast. He left no time to its operating system WebOS, or its application store, AppCatalog, to develop."The transition of a business model to another is not easy, and HP probably has overestimated the value of its brand among consumers," said Ranjit Atwal. In the last quarter, PC sales to individuals of HP fell 10%, while those companies grew by 20%.

Click the preview to enlarge the graphic.

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The leaders of the movement of social protest have called for new demonstrations on Saturday night in a dozen cities of Israel. Last week there were more than 250,000 to march in Tel Aviv.

Israel, a country generally prosperous

With an average growth of 4.5% per year, the Israeli economy is not to be pitied. The country enjoys, among other things, its specialization in the export of products with high added value, such as electronics, computers and medical equipment and scientific.

With a well-run fiscal policy, the fiscal framework has never been violated for eight years. "Israel has always repaid its loans and the ratio of government debt to GDP fell from 120% to 80%," said Haim Israel, director of research at Bank of America Merrill Lynch in Israel."The country has weathered the crisis of 2008-2009 without loss of GDP or higher unemployment." At 6%, it is in fact historically low, whereas it reached 11% in 2004.

Soaring house prices, trigger

"The revolt of the tents" began in July when Daphni Leef, a young editor of 25 years, learned that the rent of his small apartment in Tel Aviv will be seriously revised upward. Grabbed by the throat, it installs a tent on Rothschild Boulevard in Tel Aviv to protest against the rent level.

It opens up a Facebook page calling the Israelis to do the same. His initiative is quickly spreading. Camps are flourishing in forty locations and events increasingly important place every Saturday.

It is true that house prices jumped 35% between 2007 and 2010 and 15.3% for the single period May 2010-May 2011.The rent index, based for example on new leases increased by 6.4% over the same period. In one year, prices rose by 32% in Tel Aviv (64% since 2008) and 17% in Jerusalem. The money spent by households in their homes can easily reach 50% of their income.

Quickly, the entire middle class – students, housewives, retirees, teachers, doctors – who joined in the protest to denounce more generally the cost of life and call for more social justice. For the development of the Israeli economy has been accompanied by a sharp rise in inequality.

Large sectors of the economy in a few hands

Past ten years, the policy of Israeli governments has led to the privatization of entire sectors of the economy.But only a few groups have shared the cake so that economic activity is concentrated in the hands of a few rich families. Eighteen families and individuals alone control companies generating half the country's GDP, according to a study by the Bank of Israel.

Enjoyed near monopolies, these groups stand in the entrance of new players on the market and can impose their prices. "Dairy products are a good example: two companies control the industry and the market is not open to imports," said Haim Israel paydayloans.

A cost of living very high wages stagnant

In many areas, the Israelis are paying more than the Europeans and Americans for the same products and services. For example, gasoline is twice as expensive in the United States and 30% more than in Europe. The price of mobile phone communication is the highest in the world.Cable and satellite are nearly three times more expensive than the world average. On the site of the Israeli Swedish brand H & M, of products similar to those offered in France are sold 13-23% more expensive. According to the Big Mac index published annually by The Economist, which compares the price of the famous hamburger in each country, Israel is ranked above the United States with the respective prices of 4.67 and 4.07 dollars. Other clues: Bloomberg compares the price of the library "Billy" sold in IKEA stores. In 2011, in Israel that the library is selling the most expensive.

In June, the makers of cheese, a staple of Israeli cuisine, had tried to raise the price of 250 grams of pot triggering a boycott on Facebook.Of its success, the producers had had to give.

This price increase is even more difficult to absorb the salaries, they have not increased. In real (inflation deducted from), they remained stable or even declined since September 2010, according to the National Bureau of Statistics (CBS). Meanwhile, social benefits have been reduced since 2003. However, it is the middle class that supports the heaviest tax burden of up to 50% of revenues.

Growing inequality

Income gaps within Israeli society are very important. If the average salary is 102,763 shekels in a year (20,265 euros, more than in France), a majority of the population is well below. An Israeli in five is living even under the poverty line, according to OECD figures, the worst figure for members of the organization after Mexico.39% of Israelis also believe that it is difficult or very difficult to live with their current income, against 24% on average in the OECD.

"It's capitalism gone wild. Those who can not keep up are left behind, without a safety net, "complains Daniel Rouach, associate professor at the ESCP Europe and member of the Chamber of Commerce France-Israel.

After the rejection of a leading housing assistance, Prime Minister Benjamin Netanyahu has appointed economist Manuel Trajtenberg at the head of a panel of 14 experts to consider reforms to the social partners.

"I really think that the next elections will focus on the economy, said Haim Israel. In recent years, these were mainly geopolitical and the peace process. The economy is back on center stage and so the changes take place. "

At its inaugural press conference, she said she would continue the policy of his predecessor, Dominique Strauss-Kahn by giving more weight to emerging within the Fund.

Christine Lagarde has not forgotten the former shareholders of the Fund, namely the United States, which were the key to his appointment. She announced that David Lipton, an economic adviser to the White House, take over from his compatriot John Lipsky as Director General."Combining international expertise, experience in public policy and private sector and a strong track record in managing economic crises, David brings to the Fund's long experience in the design of policies and negotiating skills," said Christine Lagarde said.

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We suspected, the figures confirm it: the flagship tourist destinations continue to be deserted in the wake of democratic revolutions in Arab countries. Thus, Tunisia and Egypt have been reducing the number of foreign tourists by about half (-48.5% to -45.3% and 327,293 people to 1,894,044, respectively) during the first four months of 2011. The figures, provided by the hotel sector are even more alarming. Tunisia recorded a decline of 35% in the first quarter of 2011. In Egypt, it is worse decline in attendance in February -80%, -60% and -35% in March to April compared with 2010.

Spared by the riots, neighboring countries are the same conclusion, but with less marked declines. Before the attack in Marrakesh, Morocco registered a decline in attendance by 5% over last year. The downturn in tourism has also expanded to countries in the Middle East.For example, Jordan, hit by protests in February, also posted a drop in attendance, including -12.3% for French tourists during the first three months of 2011.

Advertising campaigns to reassure

Faced with the decline in tourism, communication is the best way to revive the Arab-sector activity. A new advertising campaign, launched in May by the Tunisian National Tourism Office (ONTT) ironic about the political events of the preceding months. "The idea is to propose an aggressive advertising campaign in three phases: beach tourism, cultural tourism and golf tourism," says Adel Ben Khelil of ONTT."People always choose from at the last minute, and they may change their mind for Tunisia."

Egypt, which relies on the return of tourists in September, is also preparing a campaign to appear in newspapers and on Facebook. "We've already managed to bring back tourists from countries of Eastern Europe to Egypt. Our goal now is to reassure Europeans that all is well in the country so that they return in winter, "said Nahed Rizk, Director of the Office of Tourism of Egypt in Paris. With relative calm on the political front, the Egyptian Minister of Tourism Mounir Abdel Nour says see "the end of the tunnel," indicating that there has not been a single incident with tourists since January 25, the beginning of disorders. To further reassure tour operators in France, the minister will be June 7 in Paris unveiled its plan to revive tourism in the country.Meanwhile, Egypt is organizing a campaign to press for travel and tour operators.

Jordan, provided with a promotional budget smaller than the main tourist destinations in the Maghreb, put on the Internet, hoping to attract a different audience as regulars in the country. "This campaign launched to relatively accessible prices, especially for families with children," says Xavier Gougeon, director of the Jordan Tourism Board in France.

Tour operators more cautious

Despite the announcement of many recovery programs by governments, the French tour operators are yet reserved about the prospects of recovery in tourism to these destinations.Following numerous postponements and cancellations, the group Thomas Cook says the impact of non-reservation has been estimated for the entire group at 22 million pounds (17.8 million euros) in the first half of this year, with nearly 160,000 cancellations for the MENA (Middle East and North Africa). The group is aiming for 60% of sales for this summer, but hopes for a recovery soon with a promotion on the circuits.

In FRAM, all destinations except Syria are reopened. "If problems arise, we adapt immediately routes to avoid areas affected by the unrest. Through a network of correspondents on the spot, we are constantly informed of the situation in these countries, "says Adeline Canners, a spokesman for FRAM, adding that the goals this year are revised downwards.Because of problems in the Arab world, FRAM agencies have lost nearly a third of travelers, but hope for a recovery soon. "Do not underestimate word-of-mouth. We do show those who have been there, "she says, before concluding:" But for Egypt, in their place, I jumped at the chance. There's nobody, it's very pleasant. " Tour operators expect an early return to normal in September, without giving more specific information.

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