Meat: The Mayor wants to renegotiate the price

Facing the worst drought since 1976, farmers have to contend with a rare forage whose cost increases, and meat prices down sharply. An equation that puts some farms in particularly difficult financial situation.

In order to relieve the profession, the Minister of Agriculture Bruno Le Maire today called the various stakeholders in the sector – farmers, manufacturers and distributors – to get around the table to renegotiate the price of meat on the rise, by the end of June FNSEA had claimed last week to hold such negotiations, under an agreement signed in early May under the auspices of the Minister. This agreement, however non-binding plans to open discussions when production costs increase beyond a certain threshold, as is the case today because of rising feed prices business card."Farmers, particularly small meat producers are in a terrible situation. [...] They are tired of seeing prices fall. They need to have a price signal, "held Friday Bruno Le Maire.

Some slaughterhouses have to refuse applications

The red curve represents the evolution of prices in 2011, the blue 2010 prices, the prices in black in 2009, and the dotted black 2008 prices of adult bovine animals at the entrance to the slaughterhouse.

The Ideal City in 2050

Atlanta Barcelona instead. That is the conclusion from the report today entitled "Cities of the future, the future of cities." Barcelona is 26 times less extent that Atlanta, which reduces transportation and therefore energy consumption. "In Barcelona we consume ten times less energy than Atlanta," it said in the report, which draws the portrait of the ideal city by 2050. A city that is sure to play the card of density but without falling into the excesses of Mexico, a "monstruopole" of 22 million people suffocated by its size, which has the largest slum in the world.

To avoid this shift, Shanghai with 17 million inhabitants has a plan: develop nearby cities to ensure that services are not concentrated only in the city world fast payday loans. Another challenge: finding the right level of decision in these cities more and more large.In Toronto, for example, the five municipalities that made up this megalopolis since the early twentieth century were merged in 1995 to save money while making governance more effective. A political choice that has not been successful: the "New Toronto" was still recruited 3,500 people for its operation. And some red tape remains in decision-making.

Raffarin for a second day of solidarity

The French will they work an extra day to finance the addiction? This idea, stated in recent months by several groups working on the financing of dependence, was taken on Europe 1 this Saturday by former Prime Minister Jean-Pierre Raffarin, the instigator of the first day of solidarity. It would, he said "the easiest solution" to partially fund the addiction. A more appropriate measure to implement that "our organization's work" has "a lot of RTT," he said, tackles the 35-hour shift introduced by Martine Aubry.

As stated in former prime minister, would finance additional working day as part of the costs of an aging population.For if the day of solidarity relates each year about 2 billion to state coffers, the expenditures related to dependence in turn have posed 24 billion on public accounts for 2010 alone, according A recent review of the Economic, Environmental and Social Committee (EESC). The increase of approximately 1% per year in the number of elderly dependents by 2040 should in turn lead to a peak of public expenditure between 2025 and 2050, around 30 billion euros.

The day of solidarity potentially unconstitutional

This idea to make employees work an extra day is not new. A Senate report released in February, and the conclusions of the working group led by Bertrand Fragonard, made public last May, including this track evoked to support the aging population.The recent opinion of the EESC, which should be released on June 15, however has rejected this option, preferring among others, as mentioned by the report Rosso Debord, the hypothesis of increased taxation on inheritances and an increase in CSG retirees. For its part, the state also plans to encourage older people to tap into their life to convert into an annuity.

Reformed in 2008 so that employees can fulfill their solidarity day anytime during the year, not only on Whit Monday, the day has indeed challenged. The Constitutional Council will decide within three months to determine if this n'écorne not the constitutional principle of equality before tax.Indeed, only employees would pay, "and not professionals and retirees," says Mr. Bertrand Salquain, who entered the Elders of the question. The "father" of the measure, Jean-Pierre Raffarin said on Saturday that "it is not true that only the employees contribute, since we also taxed a portion of the capital."

Originally a French perfume by Michael Jackson

Jackson Tribute to man easy to get unsecured personal loans.

Greece: Restructuring considered inevitable and frightening

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While European leaders seek to reassure financial markets by saying that Greece's debt will not be restructured, some strategists say the opposite. "To get out of financial crisis plan which moved the European countries, Greece should be restructured" hard, "said Christophe Donay, chief strategist at Pictet & Cie. In other words, Europe must draw a line under some of Greece's debt-what I call a partial-defect, while recapitalizing banks recorded losses due to restructuring. "

However, the solution currently under discussion at EU level aims to do everything to avoid a "credit event" on the Greek debt, that is to say a default. It is thus considered a new loan to pay 60 to 65 billion euros by 2014.The private sector would also be involved, banks are encouraged to continue investing in the Greek debt to the tune of 15 to 20 billion euros.

"But by giving more money to Greece, Europe or the private sector maintain the regime crisis," says Christophe Donay. "Reading the financial markets on the debt of European countries has changed. Until then, they adopted an accounting approach. In other words, they wondered how Europe should pay to save a troubled country. Today, they wonder whether the European countries generate enough growth to pay off their debts to five or ten years. "

45 years to meet the Maastricht

For Strategist Pictet, the conclusion is clear: the growth rates of financially troubled countries (Greece, Portugal, Ireland and Spain) are insufficient to finance their debts payday loans.Thus, Greece, Ireland and Portugal are expected to show annual growth of 21%, 13% and 8% in ten years to achieve a debt / GDP ratio of 60% as required by the Maastricht criteria. And if one was considering realistic annual growth rate (2%), it would take 45 years to Greece to meet this criterion and 30 years of debt to Ireland. "It is not clear that financial markets are waiting so long," concluded Christopher Donay.

Time is the right thing yet to the euro zone, according to Anton Brender, Chief Economist at Dexia AM. "Lack of Greece, alone, does not pose a problem in itself," he said. But such an event is likely in the current fragility of other countries in the periphery, causing a phenomenon of contagion.If Greece fails, why not also Ireland or Portugal, who also receive assistance from the European Union and the International Monetary Fund, will wonder when the markets.

Beyond even this group of countries at risk, "there is a risk of transmission of the crisis countries such as Belgium, Italy and Spain," continues the economist. "You have to give time to the latter, especially, to leave the area of ​​infection by standing on a stable trajectory of debt reduction", defends Anton Brender. For this, one must combine austerity and growth, two goals are incompatible in the short term.

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Apple after the iPhone and iPad, the revolution icloud

Monday night, Steve Jobs must have Apple's service icloud. Using a deal with record companies, the Cupertino company will upgrade its online music service iTunes. Customers can purchase their music from Apple's online store and listen to their wishes, where they are. The service called "cloud computing, or cloud computing, grow fast. This is a new revolution in computing. It is to connect to the Internet to access data and applications. Individuals no longer need to store on their PC or hard drive at home, and businesses no longer need to invest in high-performance computers.

The computer then used to open the application as a water faucet or turn on a light.Apple already offers a first service "cloud" to synchronize the network, contacts, emails and diary, from an iPhone or an iPad. The MobileMe service is very expensive (99 dollars or 79 euros per year from France).

Click on the thumbnail to enlarge the graphic.

Amazon has shown the way

Google will launch this summer the free operating system for PCs, Chrome OS, designed and filmed for the cloud. "The biggest users of cloud services are already without knowing it, individuals using tools such as Gmail or Google pay services data storage from Amazon," said Lew Tucker, Director Technical cloud at Cisco.With his offensive, Apple created a new front against Google, Amazon and Microsoft.

One of the largest global provider of cloud services Amazon is the world leader in cultural services in line with an estimated turnover in this area at one billion dollars in 2010. The original idea of ​​the champion of e-commerce, which has expanded its services to music storage for individuals, was to lease excess capacity of its own "farms" of computers. "It comes down to your apartment when it is empty during the workday and when you go on vacation," says one expert. All the giants of the Web follow the lead of Amazon. In economic terms, the marginal cost is low for providers of computing power and storage capacity low interest rate personal loans. The additional revenue generated almost as much profit.For ten years, computer manufacturers, software publishers and computer services companies dream of a paradigm shift.

56 billion market

With the development of the Internet and especially because of the economic crisis, companies have converted to cloud computing. "After years of germination, cloud computing takes off. Partly for macroeconomic reasons. The crisis led all organizations to scrutinize their spending. In this context, a solution which can offer more for less is difficult to ignore, "says Ben Pring, vice president of research firm Gartner. For now, most of the market is done by software. The turnover of the software on demand is estimated around $ 11.7 billion in 2010 by Forrester Research. Today, 60% of worldwide turnover is made in the United States.But the phenomenon should spread to other countries. By 2020, the worldwide market will reach $ 56 billion, says Forrester Research.

With about 3 million business customers worldwide including one million in Europe, Google makes between 500 million and $ 1 billion in sales in the cloud. Finally, Microsoft will invest 90% of its budget on R & D in the cloud this year, said Jean-Philippe Courtois, senior vice president of Microsoft. But its sales in the area is estimated at "several hundred million dollars a year," admits a group leader. Each offers its solution. IBM, HP, Dell, Microsoft and Oracle want to use huge "farms" of servers to store and rent computing power to their customers. To this end, HP and Dell have acquired companies in the storage and data virtualization, in order to compete with VMware, a subsidiary of EMC.The market also attracts telecom giants like Cisco, Ericsson and Huawei, and specific actors, such as Akamai, Rackspace Hosting or Salesforce.

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Why the drop in oil is reflected at the pump hurt

As with every drop of crude on international prices, oil is accused of failing to pass the motion on the price at the pump. After soaring oil in April, hoping motorists in early May, quickly see the effect of receding oil prices on the invoice to the service station. He had to wait.

From May 2 to 13, the price per barrel fell from 125.85 dollars to 114.65 dollars in London. However, prices of MS 95 have fallen by an average of … zero cents, while diesel fell 3 to 4 cents in the period. Those are the findings of a study by the Directorate General for Competition, Consumption and Fraud published Monday.

Threats Bercy

This report, the Minister of Economy Christine Lagarde, the accuser is: he believes that dealers could have decreased the price of 6 cents per liter of SP95 and that 4 cents of diesel between April 2 and May 15 Given this apparent unwillingness, Bercy threat sector to impose lower prices.

In reality, it took until May 20 to observe the first tangible effects of the sharp fall in international prices of black gold. It has thus been two full weeks or 10 days, so that the prices displayed in service station finally decrease to the SP 95, 3.4 cents, to 1.515 euros per liter on average.

Operators have taken advantage of the ten days of falling oil prices to restore gross margins by not amending hardly prices at the pump. Immediate expense of consumers.According to calculations Figaro.fr this margin, which can amortize the costs of transportation and distribution, has in fact increased between the first and third week of May, the order of 2 5-3 cents per liter of MS 95.

Cushion the impact

If retailers wanted to restore their margins, it is because they were compressed during the surge in oil prices during the month of April and early May. "When prices at the pump exceed 1.50 euros per liter, operators tend to cushion the impact on the customer taking on them," says Jean-Louis Schilansky, president of the French Union of Petroleum Industries ( UFIP). So when crude prices went back down, "there was little effect of margin recovery," he admits.

The authors of the study reached the same conclusion, noting that before the falling price of a barrel in early May, traders will puncturing an unusually low margin per liter of MS 95. Namely between 8.3 cents and 2.1 for the majors cents for large surfaces. Still, oil has long been suspected to better pass on increases in the fuel decreases. As in this report INSEE dating from 2002, clearly titled: "The fuel price is more sensitive to higher rather than lower crude oil."

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The Tokyo Stock Exchange remains in the red

The Tokyo Stock Exchange is in free fall since last Thursday. In nearly four sessions, the Nikkei 225 has lost more than 3%, while trying to get closer to 10,000 points again he had reached a little over a week earlier. On Tuesday, the Japanese stock index was down 0.12% at 9546.75 points, after the downturn on Wall Street Monday night.

TEPCO continues to plunge

In the absence of macroeconomic indicators or outcomes of heavy odds, the Nikkei does not take advantage of the decline of the yen against the dollar, the greenback rising 0.41% to 81.18 yen. The uncertainties surrounding the euro area after the arrest of the International Monetary Fund boss Dominique Strauss-Kahn, as always worry investors.

On the corporate side, the operator of the nuclear power plant, Tokyo Electric Power (TEPCO) collapses from 11.42% to 372 yen, its lowest in a month and a half.According to Standard & Poor's on Friday, the U.S. rating agency Moody's also downgraded one notch from TEPCO (Baa2). This rating qualifies the issuers considered of average quality but still able to meet their deadlines.

Investors replay the energy sector in Shanghai

In China, financial markets operate in an uncoordinated manner. If the Hang Seng in Hong Kong following the downward trend in Tokyo, falling from 0.11% to 22,935.80 points, the ISC Shanghai climbed from 1.07% to 3133.53 points supported by the energy sector is highly prized by the investors who profit from the decline of oil. China Shenhua Energy climbed 3.47% and to 28.6 yuan.

Oil prices are actually trending down Tuesday in electronic trading in Asia on demand concerns continued to affect the market, dealers said.In morning trading, a barrel of light sweet crude for June delivery declined 27 cents to 97.10 dollars. That of Brent North Sea also June delivery yielded 30 cents to 110.54 dollars.

Mixed trend in other Asian financial centers

On other Asian financial centers, the trend is mixed. The Taiwan TAIEX edges up 0.18% to 8927.40 points, the S & P / ASX 200 gained 0.59% in Sydney to 4677.60 points and the KRX 100 of Seoul is stable at 4464.54 points. In contrast, the BSE Sensex 30 Bombay declined from 0.14% to 18,320.20 points and the FTSE Straits Times is 0.86% at 3136.48 points.

DSK's arrest revives the debt crisis in Europe

While the Director General of the International Monetary Fund, Dominique Strauss-Kahn, was charged with attempted rape and arrested in the U.S. yesterday as investors worried about the turn that will take the debt crisis in the euro area, especially in Greece. The indictment of Dominique Strauss-Kahn ally of Prime Minister of Greece George Papandreou, arrived in effect at the worst time for Athens. The IMF chief would have had to go in Berlin on Sunday and meet Angela Merkel to discuss a possible new aid to Greece, who won the spring of 2010 using a 110 billion euros, 30 billion from the IMF.This meeting was to take place on the eve of a meeting of the Eurogroup, the Monday night and Tuesday in Brussels, with the main discussions at the agenda of the financial problems that resurface Greece for several days and plaguing the markets, concerned about the risks of bankruptcy of Greece, and the possible contagion to other countries of the euro area.

The IMF will be well represented at the meeting of the Eurogroup, the deputy general manager of operations, Nemat Shafik, who was missionnée to attend. But analysts say the IMF's support to Greece is not as steadfast as Dominique Strauss-Kahn took the reins of the institution.Thus, Eswar Prasad, an analyst at the Brookings Institution told the antenna Bloomberg: "The assumption was that as Dominique Strauss-Kahn remained at the head of the IMF, the institution has not dropped in Europe and continue to support the continent. But the departure of Dominique Strauss-Kahn casts doubt on the intentions of the IMF. "

The IMF board will meet on Monday

Immediate consequence of these doubts, the euro fell to 1.4056 dollars in Tokyo Monday morning, 1.4108 against the dollar in New York Friday night. Against the yen, the European currency eased to 113.61 yen against 113.99 yen.However, shortly after after the opening of financial centers in Europe, the single currency has regained some color, displayed a very slight increase, to 1.4131 dollar.

For its part, the IMF has tried to be reassuring, saying yesterday that he remained "fully functional and operational," after stating that John Lipsky, IMF number two, will the Interim Director General of the institution the time required. The institution must meet its board of directors on Monday to decide the fate of its president at its head.Originally scheduled yesterday the appointment was postponed, the council waiting for new developments to make its decision in this situation that observers deemed "not simple".

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The hearings of its leaders jostle TF1

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TF1 has weathered the financial crisis of 2009, but for nearly nine months, the chain collects bad audiences, particularly in primetime. The proliferation of "industrial accidents" on the most strategic time slot of television has been gradually mounting concern internally and makes the situation urgent in the eyes of some. Laurent Storch, head of programs, is put on the spot, even if Nonce Paolini, CEO of the chain, said it was not unworthy. Given these facts, the time for reflection has sounded at TF1. Jean-François Lancelier, CEO of Antenna Group, late engineer of the grid TF1 since 1997, could further strengthen its influence in the group.

It must be said that all kinds of programs are met and that the chain is struggling to defend its historic leadership.The clear victory of France 2 at the wedding of Kate and William, last Friday rocked the chain.

Periodically, the string displays of audience shares below its average weekly was 23.5% last week and the monthly was 24.5% in March. Whether varieties, games, sports, magazines, series or reality TV, the woes have multiplied since the month of September. Past failures to date, "The big show for children", April 30, which has not exceeded 20.3% audience share, while the day before the game "Family explorers" did not is more than 14.8%, almost ten points lower than the monthly average. Even football is no longer a recipe, and Chelsea / Manchester, April 6 last collapsed to 17 free 3-in-1 credit report.5% audience share."Ushuaia Nature", one of the major brands of chain, also had its failures with a score just over 18% last December.

The resounding failure of "Square VIIIp"

As for emissions of humor, laughter does federates more since "The 100 biggest balls" has not taken off the 17.5% audience share. Besides the resounding failure of "Square VIIIP" last March, which will redraw the map of reality television on the first private channel. And if the advertising is its tariffs on the screens of primetime, but she conceded substantial cuts on edges of access and night time.

Another concern, information and sacrosanct JT 20 hours. If the one on Monday in the death of bin Laden has assembled 7.2 million viewers and an audience share totaled 28.4%, the indicators are red since the beginning of 2011.Chain displays regular hearings less than 27% during the week. The questions are multiplying around the presenter Laurence Ferrari, and the editorial policy of demanding news director Catherine Nayl seems challenged, even if it retains the confidence of absolute Nonce Paolini. Finally, if TF1 is ahead in the great major political appointments – such as interviews with head of state – in contrast, France 2 is on a par or better than the first private channel on the great events as have shown on July 14 or the wedding of Kate and William.

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