Yannick Noah will be "happy" to pay tax at 75%

 

"I'm happy to pay. And I will. " In an interview published today in the Journal From Sunday, Yannick Noah has reaffirmed its support for the proposal of François Hollande to tax at 75% the share of income above one million euros per year.

"It's much, 75%. And that's not enough. You have to share, redistribute, if you go to the wall, "says the singer. "Among the people involved, 99% are against it. My friends right, and I have many, are green with rage at me. They do not want to see me, call me a fake-ass. They have no concept of public interest. It's every man for himself. "

The former tennis champion, criticized for his move to Switzerland from 1991 to 1993 to escape the French tax, is one of the few personalities to have publicly supported the proposal of the Socialist candidate.

In March, he had already affirmed its support for the tax to 75%. "That's great, he told BFM TV. This is the moment when we must help those who are down. There are too many who have. I would always be many more. But on the other hand, there is a time when there is too much inequality. "

Conversely, the football world was immediately opposed this proposal, fearing that it does escape the best players abroad. The singer and actor Patrick Bruel had also openly criticized the idea of ​​taxing income at 75%: "It reached proportions where it becomes limited and confiscatory confiscatory," he said.

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Late fees; car payments, an unexpected hospital visit. Those are legitimate reasons to secure a fast cash personal loan.

Aviva's CEO resigns

 

The "Spring of shareholders" in the City made a victim. Andrew Moss, head of the British insurer Aviva, resigned Tuesday after suffering a historic setback against his compensation during the general assembly of the firm last week. He might himself have abandoned a planned increase of 4.6% of annual salary of 960,000 pounds (1.2 million), shareholders with 54% disavowed his remuneration package. Taking note of this humiliation, he chose to retire to try to appease the revolt. Aviva's action was immediately flown more than 5% at the London Stock Exchange.

The fat cats ("fat cats"), as they are called here, hug the walls in the European capital of finance. For months, wages at six or seven zeros and their bonuses are exponential in the hot seat. Shareholder activism, biased against remuneration unrelated to performance in crisis, the disapproval of public opinion and government voluntarism in this area combine to send the message to the bosses Taking arrived.

In the same day on Tuesday, the Chief of the bookmaker William Hill, Ralph Topping, has narrowly escaped facing a turbulent AG which voted 49.8% against the salary increase of 8.3% and a bonus of 1.2 million pounds. A small carrier angrily denounced "the feast of the last chance for CEOs who try to take as much as possible while there is still time."  

Last week, Sly Bailey, the leader of the newspaper group Trinity Mirror, has also resigned rather than having to face this Thursday the shareholder revolt over his salary of 1.7 million pounds, while the action of the company lost 90% of its value since she took control.

Bill

Friday, it was the turn of the leaders of energy giant Centrica to face the challenge of a package of 4.3 million pounds intended for his boss, Sam Laidlaw. This agitation is not the fact of radical activist shareholders. Large institutional investors now lead the protest. 32% of those of Barclays Bank have opposed or abstained on the 17 million pounds of CEO Bob Diamond and 2.1 billion of bonuses distributed in the house, three times the amount of dividends paid.

"The shareholders have lost patience exasperated, says Sarah Wilson, leader of the association of small shareholders Manifest. This is not a political movement but the requirement for better business performance. The occupation movement of the London Stock Exchange has legitimized the need for state regulation since the boards were not able to regulate itself. "

A bill will be presented precisely this Wednesday's Speech from the Throne. One of its most controversial provisions, however, may be abandoned: it planned to require the approval of compensation plans for a three-fourths majority of shareholders. But the law should make the vote binding general meetings so far merely advisory.

Meanwhile, the "Spring of the shareholders' only budding. The association of retired FairPensions has launched a campaign for all retirees, widows Scottish kind, make their voices heard against excessive compensation. English executive salaries jumped 49% in one year.

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• Pepy, "pope" of the rail?

Appointed in 2008 as head of the SNCF which he was number two, Guillaume Pepy has since opening figure of ultimate boss of office of Nicolas Sarkozy. The former chief of staff of Martine Aubry has nothing to fear from the change of head of state. And, except to be appointed to another position, it should not only complete his term as CEO of SNCF, scheduled until February 2013, but re-enlist at the head of a company where he spent most of his career and he seems happy to embody.

Everything will depend on the host that the Government will make available to the rail reform projects driven by Guillaume Pepy well in advance of the election. It was he who suggested to his minister, Nathalie Kosciusko-Morizet, to open a "Grenelle of the rail," a broad debate that ended this winter.

The head of the SNCF has two great ideas in mind overnight pay day loans. The first involves a major reorganization of the French rail, bringing Réseau Ferré de France (RFF), the manager of the railway network in the lap of the SNCF. Objective: To terminate an organization considered grotesque and expensive. But neither competitors nor RFF of SNCF do not hear it that way. The battle will be fierce between Guillaume Pepy and Hubert du Mesnil, the boss of RFF.

Second site, sensitivity: the creation of a "social framework harmonized" for SNCF workers and new entrants on the French market being opened to competition. Beyond this global negotiation, Guillaume Pepy wants to get the right to hire out the status of a railway station. One way of playing field with its powerful rival, Deutsche Bahn.

• Proglio frontline

Proglio. Photo credits: ALBERT FACELLY / Le Figaro

Zara gives a future city youth

 

A modern fairy tale with young "misfits" in the lead roles. Four years ago, Jean-Jacques Salaün, the general manager of Zara France, has launched a new and daring to help disaffected youths from tough neighborhoods. "I told myself after the events of 2005 in the suburbs that we had to do something for these kids abandoned," he says. The French boss of the brand's ready-to-wear convinced his Spanish CEO to leave in recruiting Permanent, full-time and minimum wage, a dozen young per semester that will train and promote vendors as two stores. "I'm young that nobody wants, while others take only young people that everyone wants," says he: women forced into marriage, deprived of political refugees, young people out with their families or society – some have been in trouble with the law. The tenth "promotion" began training this week.

Soon selected, prospective vendors are sent 15 days in a hotel in the Paris region where they are supervised 24 hours 24. "They are given drama lessons, speaking, sales, kitchen …, detailing the patron of Zara France. They are taught the basic rules of group living. Personalities come every day to talk about their passion and their profession. "Raymond Domenech, the former coach of the France team football, is a faithful

. "They just trusted …"

"It is not easy, there are tensions, but the fact of failure to trust them is one key to the success of the operation," added Jean-Jacques Salaün, Michel supported daily by Paras, the Steward FW. "It was so beautiful – we were fed, housed, paid, we got celebrities – we thought there was a trap, remembers Konte, a young of the first class that will become part of the Zara Montparnasse in Paris. And no, there was no wolf guaranteed high risk personal loans. They just trusted, given a job and they made me an example for all of my small city. "

Once their training is completed, youth are sent for a week in stores where they are supervised by a tutor, one week before returning for a final training in sales techniques. "After a month this plan, I challenge you to tell me what are the youth who attended this training," says Jean-Jacques Salaün. "They are like other sellers, confirms El Idrissi, store manager of the Boulevard Haussmann in Paris, which hosted five young people in four years. It is just more attention to them without making them privileged. "

150 000 euros per year

An operation that works! In four years and nine promotions, 133 youth were recruited from Zara, 50% are still working. The operation has a cost, not insignificant: 150 000 euros per year. "It's great, but it's not rocket science for a big company," says Jean-Jacques Salaün, who never wanted to mention this in the media before being asked by Le Figaro. "And it's useful. I regret never having managed to convince other major groups to do the same. "

Especially since this operation has not only served troubled youth … It has helped reduce the number of part-time (common in the trade) for all employees by extending the CDI system on two stores in 600 vendors . And this is just the beginning for Jean-Jacques Salaün account duplicate this system to other brands (Zara Home, Massimo Duti …) group Inditex which owns Zara.

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Dexia Bank Belgium becomes Belfius

 

Belgium Yellow laughs. Dexia Bank Belgium, one of its major financial institutions, has been renamed Belfius Thursday. After five months of study and a budget of 35 million euros, advertisers have defended their choice: "Bel" evokes the flat country, the 100% owner of the house, "fi" suggests the financial sphere, and "us "English in the text, adds a touch of both collective and international. A cocktail effective in erasing the past. "The most romantic of us can not help but associate" nice "to beautiful, while the technicians will instead link" fius "and English" fuse "," has swept the direction the bank. The response has exceeded his hopes payday loans. The new name stoked passions throughout the country. On Twitter, users will give heart to joy for its proximity to the mock-rays or frozen yogurt. "I resisted the bank run of 2008 … the losses of 2009, I accepted Zean-Luc, supported the division of Dexia Belfius … but it is too," sighed a client. A poll in the daily Le Soir, the name Bebank have collected all the votes, but it masked the insurance business. After four years of financial crisis, which grounded the champions of the country, the Belgians pulled out their best weapons to protest: black humor and taste for the absurd.

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The Paris daily reprieve in Normandy

 

The new, bad, is not yet official but could be announced to employees on a works council to be held Monday, February 27: Paris Normandy could file for bankruptcy. According to the union SNJ, the regional newspaper, owned by Hersant Media (GHM), after considering a social "scale" would be forced into this solution and, more broadly, the entire division titles Norman Group Hersant Media, which includes, besides Paris-Normandie, Havre Free daily newspapers, Le Havre-Presse and The Progress of Fecamp, and their weekly supplements.

The direction of DRG does not comment. But the situation of his pole Norman is actually very difficult. The paid circulation daily Paris-Normandie has dropped 23% since 2006 to just 52,606 copies at last count of OJD. That of other securities decreased by 26% in five years.

"We fear to a social minimum, at worst a bankruptcy filing," said the AFP-Benoît Marin Curtoud, delegate from Paris to Normandy SNJ.

Discussions with the Belgian Rossel

While DRG is continuing discussions with the Belgian group Rossel to create a joint venture of leading regional dailies in France, the pole Norman seems to be a final hurdle before the conclusion of an agreement. According to the SNJ, the Company Norman publishing and printing (SNPEI), which publishes such titles and employs 365 employees including 114 journalists have registered last year a deficit of EUR 2 million and annual sales of around 40 million.

For the Hersant Media Group, which has already had to close last November Comareg (Released Sold) resulting in the heaviest social of 2011 in France (1650 employees), the liquidation of Paris Normandy would be a second crushing defeat.

Spaniards against the reform of labor law

 

The Spaniards were present at the call of the unions. In 57 cities, the protests against the reform of the labor market have attracted hundreds of thousands of people. The organizers are talking about 500,000 demonstrators in Madrid and Barcelona to 400,000 – the police has seen ten times less. This first national day of action against the Conservative government of Mariano Rajoy has mobilized in any case beyond the adherents of the two main unions, Comisiones Obreras (CCOO) and Union General de Trabajadores (UGT). Protesters accuse the Executive to facilitate the dismissal and push workers into poverty. Reform, adopted by decree, reduces redundancy of 45 days per year worked to 33. It introduces a new CDI together with a trial period of one year and allows companies struggling to lower wages without consulting their employees.

In Madrid, where union leaders have been leading the parade, the event was festive. In this weekend carnival, some of the protesters came dressed up. Here, a family dressed up as cavemen wearing a sign reading "Go back to prehistory." Here, the character of the albums Where's Waldo? Says "seek democracy."

"Huelga General"

In major Spanish cities, the "critical sections", heirs of the social movement of indignados, have swelled the ranks of workers payday loan. The outrage, however, maintained a safe distance with union leaders. A kind of protest in the event: "Thanks for coming!" They chanted, ironically, to the Union address. For from the adoption of Decree ten days ago, the indignant took the streets of Madrid, without waiting for permission from the prefecture, or call the CCOO and UGT.

The latter is intended primarily rely. "The event this Sunday is only the beginning of the engagement," explains the spokesman for CCOO, Fernando Lezcano, without ruling out a general strike. The "huelga general", thus: in the processions, the claim is almost unanimous.

Mariano Rajoy said the protesters from Seville, where his training, the Popular Party (PP), celebrating its 16th national congress in a triumphalist mood. "Reform is just, good and necessary for Spain," he said. Rajoy announced new "sacrifices", without giving details. Before the elections Andalusian March 25, the head of government is cautious. Even if this bet formula: "It will not be pleasant, but the Spaniards are in agreement."

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Asian stock markets are diving into the red on Tuesday. As in Europe and on Wall Street, investors are still worried by the problems of sovereign debt hitting the euro area and the United States. France is again threatened by Moody's AAA rating, which places her under surveillance increased and Spain is still attacked on the bond markets, despite the political transition of the weekend.

The disappointment is great after the "super-committee" responsible for the debt of the United States, which announced Monday not to have reached an agreement between left and right. The twelve members of the joint committee were responsible for the deficit of 1200 billion and had until midnight Wednesday to address their recommendations. President Barack Obama assured that the United States were not at risk of default.He said he was determined to keep the pressure on elected officials and threatened to veto any attempt by Congress to mitigate the budget cuts that are now automatically take effect.

Standard & Poor's and Moody's reported that U.S. credit rating would not be affected by the failure of these discussions. But Fitch said it would take by the end of a decision on the consequences of the failure of the "super-committee".

"Big disappointment" expected by Japan

In Japan, the new lock worried. Japanese Minister of Finance, Jun Azumi, fears a "big disappointment" of markets. The negative effect is felt at least on the Tokyo Stock Exchange, which leaves 0.40% to 8314.74 points at closing.

Action Housing continues the state court

Having long raged about the punctures of the State Budget, Action Housing, the former 1% housing, just go on the offensive. Reportedly, the joint body attacked last Friday before the Paris Administrative Court of the State's decision to withdraw 3.7 billion euros between 2009 and 2011. These funds are used to finance the Anah (National Housing) and ANRU (National Renewal). "We made an informal appeal with the government against the decree fixing the puncture but we never received a reply, said Jean-Pierre Guillon, Chairman of the Supervisory Board of Action Housing. We decided to attack the government for abuse of power. "

Smart devices

If Action Housing is the case in court today is with an idea behind the head.Last July, the government has said that he would collect 3.25 billion euros over the period 2012-2014. To sweeten the pill, the Secretary of State for Housing, Benoist Appeared, has committed to implement clever financial engineering to boost the cash flow of Action Housing. "But we have no documents indicating that commitment forward Jean-Pierre Guillon. If the minister changed, the following may not feel bound by that promise. "More generally, Action Housing, which collects 0.45% of payroll companies, believes that this aspiration will prevent it from fulfilling its mission . For example, he does not see how it could fund 45,000 homes for young people as he had promised a few months ago.

With this lawsuit, it seeks to pressure the state to be released in the coming weeks the decree laying down the drain of 3.25 billion between 2012 and 2014.

The Asian market in the dark red

Asian operators in turn penalize the poor performance of U.S. jobs. On Monday, the major exchanges in the region are in the red on Monday, after falling more than 2% on Wall Street Friday and that of almost 4% in Paris. As elsewhere, the Asian stock markets suffer from fears of recession in the United States. The U.S. Department of Labor has announced Friday that the U.S. economy has not created any jobs in August, while analysts were hoping 70,000 net new hires. The ministry said the unemployment rate held steady in August at 9.1%.

In Japan, the Nikkei started the session on a drop of 1.37%. An hour of closing, he gave up 1.86% and sinking below the threshold of 9000 points to 8784 points. In Hong Kong and Shanghai stock markets lose respectively 2.17% and 1.63%.The Korean Kospi fall more heavily to 3.21% while the S & P Australia fell by 2.30%. The Indian Sensex lost 1.18% in turn.

Financial and technological attacked

As for values, the indices in the region are pulled down by the financial sector. In Tokyo, Nomura Holdings (-4.64%), Mitsubishi UFJ (-2.34%) and Shinsei Bank (-4.55%) decline severely. In Sydney, Macquarie Group (-3.70%) and Westpac Banking (-3.12%) drop. In Hong Kong, HSBC Holdings lost 2.23% and -1.69% Bank of Communications.

Similarly, the technology sector is affected by fears of a slowdown in global demand. In Japan, TDK lost 3.84%, 4.39% Fujitsu, Ricoh and Sony 4.42% 3.69%. These latter values ​​are also impacted by a still too strong yen against the dollar. In Korea, LG drops 3.7% while Hong Kong, Lenovo lost 2.46%.

Oil down

Oil prices were also misguided Monday morning in electronic trading in Asia, depressed by the poor figures on employment in the United States. In morning trading, a barrel of "light sweet crude" for delivery in October lost 59 cents to 85.86 dollars per barrel of Brent North Sea crude for October delivery 74 cents to 111.59 dollars.

In Australia, the energy sector is penalized. Santos lost 4.92% and 4.32% Oil Search.