Peugeot launches its solution "mobility map"

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 "mobility service". Display urban subway trains in the colors of Mu, nothing will be spared.

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.

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.

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.

Peugeot hopes to win in Paris 1600 by June, with a formula clearly inspired by the car sharing and Vélib'et whose chief advantage and be no subscription fee. Disadvantage in terms of "mesh" 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 "local network".

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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Forecast growth in 2010 doubled in France

The government will almost "double" its growth forecast for 2010 up to now set at 0.75%, said Prime Minister Francois Fillon on Thursday. This revision of economic forecasts will rise to the occasion of the supplementary budget, said the Premier.

"In the beginning of this year's event takes off. I am announcing that we will revise upwards our growth rate during the presentation of the budget law on investment for the future, next week, "said Francois Fillon. "I think we will not be far from doubling our last official forecast, which was 0.75%. The government is coming close to economists' forecasts.Deutsche Bank expects growth of 1.5% in France this year.

"Keep strict state spending"

The Prime Minister also made a sign towards the financial community. He promised that he would present "in the coming weeks our overall strategy of leaving the zone of excessive deficit by 2013, indicating the conference organized deficit late January.

"We will continue to take strict state spending: already in 2009, these costs will ultimately be slightly below the ceiling which had been voted by Parliament," he argues."For 2010 we have also decided that the interest burden of the investment program (large loan) will be offset by an equivalent reduction in state spending."

The rating agencies have repeatedly warned Paris that he must submit a strategy of rapid reversal of deficits and debt.

The Economy Minister Christine Lagarde announced late December that France knew "a slight recovery" and that growth in the fourth quarter 2009 is expected to be slightly above the 0.3% recorded in the third.

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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.

The offensive line banks

The online banks have attempted an initial foray into the French countryside in the early 2000s with mixed success. Since time has passed, the French are equipped with computers and Internet connections to broadband and have learned to trust online transactions. The market is ripe and actors who want to participate in this new "cake" does not fail.

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