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	<title>At The Core</title>
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		<title>Wall Street is moving upward</title>
		<link>http://atthecore.us/wall-street-is-moving-upward/</link>
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		<pubDate>Thu, 11 Mar 2010 01:02:43 +0000</pubDate>
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		<description><![CDATA[ As expected, the increase in U.S. indices is very shy. Investors are always in effect evidence of caution before the publication of several major macroeconomic indicators. In early trading, the Dow Jones and Nasdaq 100 advanced 0.04% to 10,572 points and 0.01% at 2340 points. Tuesday after a turbulent session, the U.S. stock markets [...]]]></description>
			<content:encoded><![CDATA[<p> As expected, the increase in U.S. indices is very shy. Investors are always in effect evidence of caution before the publication of several major macroeconomic indicators. In early trading, the Dow Jones and Nasdaq 100 advanced 0.04% to 10,572 points and 0.01% at 2340 points. Tuesday after a turbulent session, the U.S. stock markets finished slightly higher, the Nasdaq has shackled its tenth session in the green. </p>
<p> Almost an hour after the opening exchanges moving despite the absence of news on the rise, with respective increases of 0.22%, 0.65% and 0.49%. Financial stocks feed this trend. </p>
<p> The next U.S. statistics are expected Wednesday, with the traditional weekly report on unemployment, wholesale inventories in January and after closing the federal budget in February.Weekly Market in the United States, will then be placed under the sign consumer with the publication tomorrow of the sales details for the month of February and the preliminary estimate of consumer confidence. </p>
<p> Oil finished down slightly on Tuesday on the New York market, falling from a high of eight weeks, the April contract closed down 0.5%, to 81.49 dollars, penalized by a stronger currency U.S.. </p>
<p> AIG rise another 12% </p>
<p> On the side of values, the insurance giant AIG, which forced march to advance its restructuring was awarded 13% Saturday and climbed again this Wednesday, from 12.57% to 36.89 dollars. Traders welcomed the efforts made by the insurance company to reimburse the state aid, a shareholder at 80%. The group conducted a series of steep cuts to enable it to garner around 25 billion dollars.</p>
<p> Citigroup allows itself for its 4.19% to 3.98 dollars after yesterday awarded more than 7.5%. The state could sell shares in the bank. </p>
<p> United Airlines has announced a growth of 18% of its turnover in passenger transport on February. The president said the group observed clear signs of renewed activity. Note, however, the snowstorms have affected the company announced a loss of 40 million due to the cancellation of hundreds of flights. The securities are 3.69% on Wednesday to 18.83 dollars. </p>
<p> Facet Biotech Corp. has accepted the takeover offer made by Abbott Laboratories, priced at $ 27 per title, a cash offer totaling $ 450 million. Direct impact on the stock market: Facet Biotech Corp. explodes from 66.19% to 26.94 dollars.Abbott remains in equilibrium. </p>
<p> Cisco on Tuesday claimed a major milestone in the conquest of Internet connections at very high rates, presenting a new router overkill. </p>
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		<title>Dubai wants to extend the maturity of its debt</title>
		<link>http://atthecore.us/dubai-wants-to-extend-the-maturity-of-its-debt/</link>
		<comments>http://atthecore.us/dubai-wants-to-extend-the-maturity-of-its-debt/#comments</comments>
		<pubDate>Mon, 08 Mar 2010 23:26:58 +0000</pubDate>
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		<description><![CDATA[ For the first time since the announcement of the moratorium on its debt, which had rocked markets last November, Dubai World this week should initiate discussions with its creditors. Discreetly. According to the Financial Times quoted sources close to the negotiations, the conglomerate dubaïote must submit to its main banks with a proposal to [...]]]></description>
			<content:encoded><![CDATA[<p> For the first time since the announcement of the moratorium on its debt, which had rocked markets last November, Dubai World this week should initiate discussions with its creditors. Discreetly. According to the Financial Times quoted sources close to the negotiations, the conglomerate dubaïote must submit to its main banks with a proposal to reschedule $ 22 billion of debt. </p>
<p> A spokesman for the Emirate of Dubai, questioned by AFP would not confirm the information daily from the City. This is a &quot;confidential process,&quot; he has merely said, adding that &quot;a formal proposal will be presented by Dubai World to creditors in March. </p>
<p> Dubai World could offer, understands the Financial Times, two alternatives to its creditors. Either the banks want to be repaid over several years, but cover the full amount owed.Either they agree to reschedule the debt over the longer term, with the state guarantee, not losing a penny. Still, &quot;according to sources familiar with the matter, nothing is certain&quot; shade the Financial Times. </p>
<p> See also: </p>
<p> &quot;Dubai, the end of a mirage </p>
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		<title>U.S. exchanges around the equilibrium</title>
		<link>http://atthecore.us/u-s-exchanges-around-the-equilibrium/</link>
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		<pubDate>Mon, 08 Mar 2010 20:42:42 +0000</pubDate>
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		<guid isPermaLink="false">http://atthecore.us/u-s-exchanges-around-the-equilibrium/</guid>
		<description><![CDATA[Wall Street began the week slightly up on Monday after the Friday on sustained growth markets. The Dow Jones gained 0.18% at 10,585 points, the S &#38; P 500 rose 0.17% to 1141 points and the Nasdaq ahead by 0.16% to 2330 points.
In the United States, week market will be under the sign of the [...]]]></description>
			<content:encoded><![CDATA[<p>Wall Street began the week slightly up on Monday after the Friday on sustained growth markets. The Dow Jones gained 0.18% at 10,585 points, the S &amp; P 500 rose 0.17% to 1141 points and the Nasdaq ahead by 0.16% to 2330 points.</p>
<p>In the United States, week market will be under the sign of the American consumer. The two major economic indicators this week, published Friday, will be the sales details for the month of February and the preliminary estimate of consumer confidence. For specialists Aurel BGC, household consumption should remain strong after the employment figures released Friday very reassuring. Analysts fear, however, that severe winter weather does not disturb the profile of these two indicators in the short term <a href="http://payday-badcredit.com">bad credit payday loans</a></p>
<p>AIG jumped</p>
<p>On the side of values, the giant American Insurance, AIG, announced today the sale to MetLife&#8217;s part of life Alico for the equivalent of 15.5 billion dollars. The securities earn 4.88% to 29.45 dollars.</p>
<p>Apple (0.15 to 219.28 dollars) ended Friday at the highest in its history (3.93% to 219.00 dollars), said the release date of its Tablet PC iPad.</p>
<p>Hewlett-Packard: -0.35% to 51.85 dollars. The world of computers has announced Friday that it was revising downward its results for the first quarter of fiscal year 2009-2010.</p>
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		<title>Total: 500,000 tons of oil blocked</title>
		<link>http://atthecore.us/total-500000-tons-of-oil-blocked/</link>
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		<pubDate>Fri, 05 Mar 2010 23:58:56 +0000</pubDate>
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		<description><![CDATA[ Employees of the Total refinery at Dunkirk, under threat of closure, blocked Friday tanks containing 500,000 tons of crude oil, by removing the pumping mechanisms, three days of a meeting to decide their future. 
 &#34;We want to refine. We do not want this (oil) crude go away from here, &#34;said Philippe Wullens, Steward [...]]]></description>
			<content:encoded><![CDATA[<p> Employees of the Total refinery at Dunkirk, under threat of closure, blocked Friday tanks containing 500,000 tons of crude oil, by removing the pumping mechanisms, three days of a meeting to decide their future. </p>
<p> &quot;We want to refine. We do not want this (oil) crude go away from here, &quot;said Philippe Wullens, Steward South (majority site), evoking a&quot; war chest &quot;. He said Total has made a profit of 200 million euros from the time of purchase of this oil in the fall and today, due to the increase in prices. The employees also say they have learned that the management of Total planned to ensure that oil can be loaded on ships to other refineries.&quot;This oil should not leave the tank so that things do not stop,&quot; he said, estimating that 400 million euros worth of stock. </p>
<p> Several dozen employees from the site of Flanders, in the case since September, traveled Friday to dawn on the storage area of crude oil located at Gravelines, and disassembled electronic components essential to the operation of pumps used to extract the contents of the tanks. Some components will be given to state services, another in the region and a third in the urban community of Dunkirk, knowing that all equipment is necessary to restart the pumps, said Marcel Croquefer, secretary of the cluster Chemistry CGT Dunkirk <a href="http://payday-4all.com">payday advance lender</a> <!-- . --> . </p>
<p> A radicalization of the movement evoked </p>
<p> Employees are then symbolically held a lock port of Dunkirk.They wanted to question management port, 18% of turnover depends on the refinery. &quot;This refinery can and must restart now&quot;, even if a mutation of the site must be decided for the future, said Croquefer, suggesting a possible &quot;radicalization&quot; of the movement. </p>
<p> If farmers spread manure or milk to express their discontent, &quot;in the refinery there are petroleum products,&quot; he warned. </p>
<p> Proposals for the future of the Flanders refinery, which employs 380 employees and 400 people from sub-contractors, should be announced Monday at a central works council (CEC). Employees are expected to travel to many in La Défense on Monday to be heard. </p>
<p> The threat of closure had resulted in late February several days of strikes in all French refineries group.Unions had set an end after the guarantees provided by Total on the future of refining activity in France. Since then, employees of Dunkirk only continue their strike began January 12. </p>
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		<title>Greece borrowed a further 5 billion euros</title>
		<link>http://atthecore.us/greece-borrowed-a-further-5-billion-euros/</link>
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		<pubDate>Thu, 04 Mar 2010 21:54:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[ After the presentation of new austerity measures, Greece has launched a new bond issue market of a maximum volume of 5 billion euros, according to ministerial sources and markets. 
 It&#39;s ten-year bonds that should elapse from Bloomberg at a higher rate of 310 basis points above the benchmark, the German Bund. Five banks [...]]]></description>
			<content:encoded><![CDATA[<p> After the presentation of new austerity measures, Greece has launched a new bond issue market of a maximum volume of 5 billion euros, according to ministerial sources and markets. </p>
<p> It&#39;s ten-year bonds that should elapse from Bloomberg at a higher rate of 310 basis points above the benchmark, the German Bund. Five banks have been authorized for this program: Barclays, HSBC, Nomura, National Bank of Greece (NBG), Bank of Piraeus, Greece according to the Agency debt. </p>
<p> &quot;Demand is very strong and this operation will be heavily oversubscribed&quot;, announced in mid-morning Ciaran O&#39;Hagan, strategist at Societe Generale.&quot;An hour after the launch of the operation, the subscription book (book) had already reached 11 billion euros and the obligation is dealt 35 cents above the final price.&quot; </p>
<p> This success contrasts with the alarmist investors in recent days. And because, as the strategist in Paris: &quot;Greece is very cheap compared to its note.&quot; Athens has raised over 13 billion euros on the market since the beginning of the year, said Wansquare. </p>
<p> See also: </p>
<p> &quot;SPECIAL &#8211; Greece, a challenge for Europe </p>
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		<title>OpenSkies flies to Washington five times a week</title>
		<link>http://atthecore.us/openskies-flies-to-washington-five-times-a-week/</link>
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		<pubDate>Thu, 11 Feb 2010 17:00:25 +0000</pubDate>
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		<description><![CDATA[ Started quietly on a niche market with any business flights between Paris and New York, L&#39;Avion the company had managed to find its place. It has since been bought by British Airways, which was renamed OpenSkies and that crisis requires, thought for a time to sell. To retract the landing slots at Orly is [...]]]></description>
			<content:encoded><![CDATA[<p> Started quietly on a niche market with any business flights between Paris and New York, L&#39;Avion the company had managed to find its place. It has since been bought by British Airways, which was renamed OpenSkies and that crisis requires, thought for a time to sell. To retract the landing slots at Orly is of such value that it would be a pity to discard it. </p>
<p> If OpenSkies had to stop the line between Amsterdam and New York, however she managed to win the Paris-New York, granting itself more than a quarter of market share. This low cost dedicated solely to the business class will open May 3 next traffic between Washington and Paris, it will operate five times a week B757-200 equipped with 72 seats. The call price will be 1,200 euros return. Other rates, depending on the filling, can reach 4 <a href="http://payday-loans-application.com"></a><!-- .-&gt; .800 Euros for Bizseat (seats inclined at 140 °) and from 2600 to 5500 euros for Bizbed (seats that recline to 180 degrees). </p>
<p> OpenSkies will be in direct competition with Air France, which operates two or three daily flights using Boeing 777, Airbus A340 or A330, representing between 85 and 125 seats per day in business class with prices ranging from 2700 to 6600 and between 28 euros and 46 seats in the new middle class Premium Rate for a traveler going from 1.200 to 2.545 euro. The American company United operates a daily flight using Boeing 777 equipped with 49 business seats. </p>
<p> OpenSkies considering other openings to new line from Paris as Boston or Chicago unless it be the service of Abu Dhabi who wins. </p>
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		<title>The euro area is about to rescue Greece</title>
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		<pubDate>Wed, 10 Feb 2010 00:04:25 +0000</pubDate>
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		<description><![CDATA[ Facing speculative attacks against the single currency, countries in the euro area were preparing to fly to the aid of Greece. According to a source close to the German government, they would be agreed in principle to help Athens on the eve of a special European summit, convened Thursday evening in Brussels. The information [...]]]></description>
			<content:encoded><![CDATA[<p> Facing speculative attacks against the single currency, countries in the euro area were preparing to fly to the aid of Greece. According to a source close to the German government, they would be agreed in principle to help Athens on the eve of a special European summit, convened Thursday evening in Brussels. The information was however not confirmed on Tuesday. &quot;The reports that the euro area has taken the decision to help Greece are unfounded, said Tuesday, a spokesman for the government. </p>
<p> The terms of the rescue would not be arrested, but he could take the form of bilateral aid that is to say, special loans from state to state. Several countries would be involved, including Germany, the largest economy in the euro area, and first funder of the European Union.&quot;Whether bilateral or collective aid to Greece will be under strict conditions,&quot; warned Michael Meister Tuesday, elected a German conservative party (CDU), quoted by Bloomberg. </p>
<p> So far reluctant to rush to the aid of a country that has lied about its statistics and squandered public finances for years, Germany was forced to intervene again, because it is the unity and stability of the euro area is now in danger. &quot;Germany has a special responsibility vis-à-vis the euro,&quot; said German Finance Minister Wolfgang Schäuble, who will make a statement to the government in Berlin today on the financial situation of Greece. </p>
<p> Trichet advance his return </p>
<p> Persistent for several days, rumors have quieted rescue markets. The euro, which fell to $ 1.34 last week, was pressed Tuesday to over $ 1.38.The Athens Stock Exchange has for its closed up 4.96%. In Paris the CAC 40 finished + 0.15%. Rating agencies, very nervous these days, calmed down. Fitch said Tuesday that there was no reason to degrade the notes of Spain, who still enjoys an AAA, but is affected by contagion from the crisis in Greece. </p>
<p> Tuesday morning, the sudden return of Jean-Claude Trichet in Europe that fueled speculation of a European intervention in favor of Greece. The President of the European Central Bank had to spend two days in Australia to attend a meeting of central bankers. He advanced his departure not to miss the extraordinary EU summit Thursday called by the President of the Union, Herman Van Rompuy.According to the German press, experts from the ECB participate in secret for several days in meetings with representatives of countries in the euro area are working on the rescue of Greece. Two options are under consideration: the conditions under bilateral aid or loan guarantees for Greece in the framework of a European fund. </p>
<p> The treaties prohibit any of these options.Just came into force, the Lisbon Treaty provides in Article 122-2, &quot;the Council on a proposal from the Commission, may grant, under certain circumstances, financial assistance from the EU Member State is in difficulties or a serious threat of serious difficulties caused by exceptional occurrences beyond its control. </p>
<p> Speculative attacks of recent days against the euro, and debt to Member States the most vulnerable have been a trigger for the policy decision. </p>
<p> ALSO READ </p>
<p> The five ways to save Greece </p>
<p> The Greek government wants to raise the retirement age to 63 years </p>
<p> &quot;BLOG &#8211; Greece, first test for Van Rompuy </p>
<p> &quot;EDITORIAL &#8211; Greece awakens the memory of subprime </p></p>
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		<title>Renewed weakness in Europe&#039;s stock exchanges</title>
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		<pubDate>Fri, 05 Feb 2010 18:00:43 +0000</pubDate>
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		<description><![CDATA[ In the wake of Grants in Asia this morning, the CAC 40 on a downward trend during the early exchanges. It lost 0.53% to 3669 points before embarking on his decline of 1%. Elsewhere in Europe, the trend is downward as well. 
 The concerns are global investor sentiment is sealed by the debt [...]]]></description>
			<content:encoded><![CDATA[<p> In the wake of Grants in Asia this morning, the CAC 40 on a downward trend during the early exchanges. It lost 0.53% to 3669 points before embarking on his decline of 1%. Elsewhere in Europe, the trend is downward as well. </p>
<p> The concerns are global investor sentiment is sealed by the debt problems of Greece, Spain and Portugal, &quot;said Marcus Droga, associate director at Macquarie Private Wealth in Sydney, quoted by Dow Jones Newswires.The Stock Exchanges of Madrid and Lisbon have plunged Thursday, respectively, nearly 6% and 5%, because of the finances of Spain and Portugal. </p>
<p> For several days, observers and analysts worried about the state of public finances of these two countries, waving the specter of Greece, whose deficits and debt are so high that the European Commission decided Wednesday to put the country under a quasi-trusteeship. </p>
<p> Investors were also looking towards the United States.The employment figures in the United States will be published in early afternoon U.S. investors unwelcome Thursday announced an unexpected rise in the number of new entries to unemployment, to 480,000 last week, this which portends bad monthly statistics of employment, to be published Friday before the opening of Wall Street. </p>
<p> Finally, the finance ministers and central bankers of the G7 meet in Iqaluit, Canada. </p>
<p> Values automotive and banking suffer </p>
<p> In this context, only a few values derive their game well like France Telecom (+0.85% at 16.67 euros) and Suez Environment (+0.56% at 16.09 euros). </p>
<p> Conversely, values auto penalized by bad news on Toyota: Renault, Michelin and Peugeot respectively yield 2.22% to 32.98 euros, 2.05% to 54.86 euros and 1.97% at 22 42 euros.The finding is similar to banking stocks, the minister of New York accusing Bank of America to have hidden accounts of Merrill Lynch to obtain public assistance <a href="http://cash-advance-nofax.com">cash advance america</a> <!-- . --> . Dexia (-3.02% to 4.11 euros, Societe Generale (-1.78% to 39.35 euros), BNP Paribas (-1.40% to 49.14 euros). </p>
<p> LVMH (-4.28% to 77.96 euros), said that addressing the Year 2010 &quot;with confidence&quot;, saw its sales fall by 4% on a comparable basis in 2009 to 17.053 million euros, with a return to organic growth (1%) in the fourth quarter alone. </p>
<p> Nexity (-3.20% to 26.35 euros) anticipates a fall in its turnover to around 2.5 billion euros in 2010, having recorded an unexpected increase of 6% to 2.838 billion in 2009.</p>
<p> EDF (-2.43% to 38.28 euros) has announced the formation of a tighter management, including the arrival of Thomas Piquemal, who leaves his post as CFO of Veolia Environnement to occupy the same positions within electrician. </p>
<p> Bureau Veritas, stable at 34.80 euros, would use its &quot;strong cash flow generation&quot; to make acquisitions in the first half of 2010 and it plans a gradual return to organic growth in the second half. The world number two of the certification issued a turnover in 2009 rose 1.9% to 2647.8 million euros.</p>
<p> Teleperformance (-2.12% to 24.48 euros) issued a turnover up 3.5% in 2009, but said that its sales had declined sharply in the fourth quarter, mainly because of degradation of its business in Europe. </p>
<p> Hermes (+1.51% at 98.55 euros) grew by 8.5% of its turnover in 2009 to 1.91 billion euros. In 2008, the French luxury group had a net profit of 290.2 million euros. Net income in 2009 will be released March 25. </p>
<p> Two other companies publish their turnover for 2009, Friday: Eiffage, stable at 37.14 euros, and Bongrain (-0.21% to 58.18 euros). </p>
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		<title>Peugeot launches its solution &quot;mobility map&quot;</title>
		<link>http://atthecore.us/peugeot-launches-its-solution-mobility-map/</link>
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		<pubDate>Thu, 04 Feb 2010 16:00:45 +0000</pubDate>
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		<description><![CDATA[ Mu, you know? Not yet? It will soon be difficult to avoid if you live in Paris. Peugeot is launching an extensive marketing campaign for its new &#34;mobility service&#34;. Display urban subway trains in the colors of Mu, nothing will be spared. 
 But Mu is what? A rental vehicle launched by Peugeot, which [...]]]></description>
			<content:encoded><![CDATA[<p> Mu, you know? Not yet? It will soon be difficult to avoid if you live in Paris. Peugeot is launching an extensive marketing campaign for its new &quot;mobility service&quot;. Display urban subway trains in the colors of Mu, nothing will be spared. </p>
<p> But Mu is what? A rental vehicle launched by Peugeot, which allows users to rent, according to his needs, a bicycle, electric assisted bicycle, a scooter, a car and, once it is released, the Ion, the electric car from Peugeot. The principle is simple. Simply create an account on the Internet (www.mu.peugeot.fr) and purchase of units (20 cents one). Once Mu credited his account, you can book the vehicle of choice, always on the Web, or on terminals now installed at dealerships Parisian brand, but also those of Brest, Rennes, Nantes and Lyon.</p>
<p> Renting a bike with electric assistance will cost 45 units the day (9 euro), a scooter 125 cm3, 39 euros. If you need a family sedan, a 407 to go on weekends, this will be charged 215 euros (per 500 kilometers). A rate comparable or slightly superior to those displayed by the traditional rental. But the benefit formula Peugeot, you choose your model: you book a 407, not a Category C, with its share of mystery about the type of vehicle in which you are flying again. </p>
<p> With Mu, you can also rent the accessories you need: for example, a GPS (10 euros per day) a bicycle rack (20 euros) or 80 euros a week, a roof box.Baby seat, bike helmet and bike, and snow chains are also available in dealerships. </p>
<p> Peugeot hopes to win in Paris 1600 by June, with a formula clearly inspired by the car sharing and Vélib&#39;et whose chief advantage and be no subscription fee. Disadvantage in terms of &quot;mesh&quot; of the territory (one of the arguments of marketing for the brand), yet there are only four concessions in Paris and that of Defense. However, Peugeot Scooter will soon offer their services. What a true &quot;local network&quot;. </p>
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		<title>Proglio combining work and retirement</title>
		<link>http://atthecore.us/proglio-combining-work-and-retirement/</link>
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		<pubDate>Wed, 03 Feb 2010 13:32:48 +0000</pubDate>
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		<description><![CDATA[ Proglio The file is still not closed. The CEO of EDF, Henri Proglio, should combine their boss salary (1.6 million euros, Ed) and a retreat from Veolia. Since March 2009, this operation is legal, no limits from more straitjacket overlapping-retirement employment. 
 According to Le Parisien, retirement Veolia would exceed 1 million. It would [...]]]></description>
			<content:encoded><![CDATA[<p> Proglio The file is still not closed. The CEO of EDF, Henri Proglio, should combine their boss salary (1.6 million euros, Ed) and a retreat from Veolia. Since March 2009, this operation is legal, no limits from more straitjacket overlapping-retirement employment. </p>
<p> According to Le Parisien, retirement Veolia would exceed 1 million. It would consist of retired Safely Agirc-Arrco of around 90,000 euros per year, and three retreats &quot;houses&quot; retaite a defined contribution pension and two hats. </p>
<p> These four elements can not exceed 50% of average earnings the last three years, the total amount of this pension would be between 1 million and 1.15 million, according to the daily <a href="http://paydayloans-on.com">instant payday loan</a> <!-- . --> .According to an actuary AG2R La Mondiale, the largest pension hat could reach 700,000 euros. </p>
<p> Not being an agent EDF, Henri Proglio not collect retirement hat at EDF. </p>
<p> Quoted in Le Parisien, Stéphane Fouks, director of Euro RSCG, responsible image of the boss of EDF, said &quot;until now Henri Proglio had no euro. </p>
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