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U.S. exchanges around the equilibrium
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 & 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 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 bad credit payday loans
AIG jumped
On the side of values, the giant American Insurance, AIG, announced today the sale to MetLife’s part of life Alico for the equivalent of 15.5 billion dollars. The securities earn 4.88% to 29.45 dollars.
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.
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.
Barack Obama addresses with its budget deficit in 2011
He had made his election promise. Controlling the deficit of the federal state is at the heart of the proposed 2011 budget that will present U.S. President Barack Obama to Congress on Monday. The White House announced that the budget for the biennium 2010-2011 (late October 2010 to end September 2011) is forecast at 3.834 billion dollars. A budget of expenditure of 3% higher than the current biennium (2009-2010), who is expected to reach 3.721 billion dollars, according to latest estimates, the official said of the budget at the White House, Peter Orszag, the margins the presentation of Barack Obama.
In parallel, the White House has raised its growth forecast for 2010 to 2.7%, against 2% originally planned. In the fourth quarter of 2009, U.S. GDP grew at a record pace of 5.7%. In 2011, the U.S. administration expects a rise of 3.8% of GDP.Unemployment, however, will remain at 10% on average in 2010, before declining slowly to 9.2% in 2011 to 8.2% in 2012 and 7.3% in 2013. Other forecasts underlying the budget 2010-2011, inflation should remain below 2% in 2010, before falling to 1.5% in 2011.
A record deficit amid recession
Upon his election, Barack Obama had pledged to reduce the U.S. deficit in half by the end of his term in 2013. According to the White House, the deficit would be reduced to 1.267 billion dollars, or 8.3% of U.S. GDP, against a record $ 1.556 billion (10.6% of GDP) expected for the year 2010. It would fall to 828 billion (or 5.1% of GDP) in fiscal 2012 and 727 billion (4.2% of GDP) in 2013.
To achieve these objectives, the executive put on a 19% increase in tax revenue in 2011 to 2.567 billion dollars, with the return of growth.But not only. Rigor requires the White House has confirmed a spending freeze for three years, excluding programs and social security. "The president told his team the task of budget line by line look at the federal budget to see where we can save money," said communications director of the White House, Dan Pfeiffer. A senior U.S. official had assured last week that the budget would propose a "strict freeze" spending "not essential".
Cutting waste is launched
Among the victims of budget cuts, the program of manned space Constellation, which was to send astronauts back to the Moon, will be discontinued no teletrak payday loan . Launched in 2004, this program was highly symbolic for NASA and widely supported by Congress.According to estimates, the U.S. space agency has already spent just over $ 9 billion as part of Constellation. Peter Orszag provides, however, that other investments will be made in research and development.
A budget that reflects "serious difficulties" current
Another priority of the proposed budget for Barack Obama, employment will be stimulated by tax cuts. "We are at war," said Bush, after unveiling his budget proposal to Congress. "Our economy has lost 7 million jobs over the past two years, and our state is heavily in debt after what can only be described as a lost decade."
Unemployment has passed the 10% mark since October and that for the first time since 1983, said Peter Orszag."The budget provides $ 100 billion for immediate investment creating jobs through tax cuts for small and medium enterprises, infrastructure and green energy," said the White House. Tax cuts for the wealthiest households, decided by the predecessor of Barack Obama, George W. Bush, expire, however.
A commission created to achieve balance
Moreover, other sectors will no longer be subsidized, particularly fossil fuels."This budget contributes to lay foundations for long-term economy (…) and examines challenges long neglected, including health, education system, and the move towards Clean Energy, summarized spokesman Dan Pfeiffer.
Finally, the White House has confirmed the creation of a commission composed of eighteen members of Democrats (10 members) and Republicans (8), whose mission will be to examine ways to bring forward a balanced budget, excluding repayment of debt.
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The Paris Bourse marked time
The 4,000 points away gradually. The CAC 40 in mid-session, is down 0.71% to 3932 points in a volume of exchanges low of 443 million euros. Other major European markets also receding, with a decrease of 0.5% in London and 0.9% in Frankfurt. As for the European indices, the Euro STOXX 50 yields 0.8%.
After recording several records in closing on the year, the Paris market shows signs of slowing, affected by the slight decline on Wall Street Tuesday night, but especially by the lack of which can give him momentum. The public debt of France has reached a record $ 1457.4 billion at the end of 3rd quarter (29.4 billion compared to end June), or 75.8% of GDP in France.The number of building permits for new buildings has fallen by nearly 18% in one year.
Apart from the index which measures economic activity in the Chicago area, at 14.45 GMT, no statistics would be published before the end of the year.
The euro is almost stable against the dollar (-0.08% to 1.4334 dollars). Gold recorded a second session in a row downward (-0.49% to 1091 dollars per ounce).
The defensive stand out
In France, most CAC 40 values are in red, with the exception of securities considered to be very defensive, like Carrefour (+0.94% at 33.82 euros) and Pernod Ricard (+0.48% at 60 , 28 euros).
The title of Unibail-Rodamco, Europe's leading commercial real estate, was leading the CAC 40 (+1.27% to 151.20 euros).
Conversely, ArcelorMittal (-1.83% to 31.96 euros), biggest drop in the CAC 40, suffered profit-taking.
The cement manufacturer Lafarge lost 0.62% to 57.79 euros.Its Director General, Jean Desazars of Montgailhard, quoted in the Financial Times says the group does not yet feel the effects of rising construction expenditures of U.S. and European governments.
Areva (-0.57%) announced it has signed with Fresno Energy Group, a letter of intent for the construction of one or two EPR nuclear reactors in California.
GDF Suez (-0.38% to 30.10 euros) announces tie at Stord in Norway, a platform for oil and gas field Gjoa in the North Sea, during a complex operation for on behalf of the operator Statoil. The energy group has formalized the signing of the public service contract with the State covering the period 2010-2013.
Paris wants to regulate CO2
"Whatever the outcome of negotiations in Copenhagen, carbon finance will grow," asserted Friday Augustin de Romanet, director general of the Caisse des Depots (CDC), central player of the CO2 market in France. Europe, pioneer, has held his Fellowship in 2005. Over 62 billion it traded in 2008, three quarters of global transactions. But Japan, Taiwan and South Korea will begin their Fellowships, followed in 2012 by the United States. Three days before the opening of the UN conference on climate change, Ministers of Economy and Ecology, Christine Lagarde and Jean-Louis Borloo, inaugurated on Friday the "Committee established France Carbone" . This instance of consultation will propose rules for the third phase, 2013-2020, to avoid, including the VAT fraud. The Franco-British rivalry also affects the CO2.Bluenext, the platform for exchange of Paris handles 80% of European spot market, but London (platform ECX) dominates the futures market. Pace "our friends across the Channel," says Christine Lagarde, "our intention is to regulate."
Oenobiol much valued
Marie Béjot, founder of beauty products. Photo credits: Le Figaro
"Pole or private employment, it is always up to you to find your job"
"Employment center is a facility that welcomes, as it can with the means at hand, the survivors of all stripes, many expect full support." As a result of the redundancy of his company last June, CATS1 unemployed for three months, benefited from the services of a private rehabilitation."It is woven a network, we have a work room where you can come to work every day in the office, many workshops, training, a consultant who takes from you, a" job booster you back morale, encourage you, help you prepare your CV, your letters, your interviews, you "leads" to make calls to your network, make contact with companies, "describes it, holding still to clarify that "as a job center, the outplacement firm do you find no job is for you to do the job."
Also pleased with the support by the private Patrice Fromholtz, manager of DEFI-JOB and head of Forum for the job, said that "employment center is ideal for seasonal jobs, student jobs, or baby-sitting, but when a candidate moves in a sector whose business application of specific and accurate knowledge, he should go through a private structure.
According to Patrice Fromholtz, candidates followed by the private sector would be more likely to find a job quickly, in line with their profile and expectations. "Many companies, frustrated by the candidates sent by center jobs, rely on private organizations for recruitment," says he.
"A stricter monitoring in private, to justify the bill"
According to the Internet Figaro.fr, discipline and presence are evident in private bodies.However, some share their experiences mixed and disappointing results. His furtive way by a private organization, has selected HubertBoissièr monitoring certainly tighter but privately, he said, seeks to "justify himself to produce his bill at the end of the month."
"Waste of time and make you physically serving no purpose, for there HubertBoissièr thus" little or no difference "between the public and private. "[The talks] could be replaced by appointment telephone or videoconferencing giving the possibility to increase the pace," proposing it.
For Flocon001, it is a matter "of public money distributed to private cons of wind," says she, after having been at the heart of an aberration, still remain unexplained: "On my return from maternity leave I returned to the ANPE.Then I learn that I had an interview with a private company which ANPE had sent my file. The company had a beautiful relationship … Except I've never been and never received any summons. Anyway, it was the day of my birth! "She recalls.
Find all the testimony and comments on: Pole employment or private structure, what difference to you?
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