French manufacturers are particularly lagging behind. Sales were down 11.5% in November against a decline of 2% for foreign manufacturers. PSA Peugeot Citroen has suffered a decline of 15.4% over the month due to a decline of 23.4% of sales against 4.9% for Peugeot Citroen. His rival Renault suffered a decrease in sales of 7.2%. The group manages to limit the damage with its Dacia brand, which recorded a 26.9% jump in sales in November against a decline of 13.8% for the Renault brand.He then said that the Franco-Japanese to be careful, particularly with regard to investments. PSA had for its part submitted a conservation plan in late October that passes not delete 6800 jobs worldwide, including over 4,000 in the Hexagon.

At the Paris Stock Exchange, the new integrated seem to investors. Renault won the title at 0.07% to 27.77 euros 9:40, in a market down 0.89%. The action Peugeot loses 0.90% to 13.71 side euros.

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Investor sentiment is supported by advanced this week in the eurozone. Management of public finances in Greece and Italy, two countries that focus on crisis fears of European debt, will change hands. In Greece, Lucas Papademos, former Vice President of the European Central Bank (ECB) has éténommé at the head of a government of national unity. In his first statement, he said that the euro is a "guarantee of monetary stability." The new Greek prime minister should take the oath at noon today.

Latest estimates from the European Commission, the great Italian rival, the only one that can steal the top spot of the podium in France, saw its production drop by 17% to 42 Mhl. The proliferation of uprooting explains much of this performance-cons. Spain, meanwhile, was down 9% to 36.5 Mhl.Last year, at the same time, the cooperative had requested an increase of "at least 10%" rates, while the treasury operations were nearly 80% in the red paperless payday loans. This objective was met or exceeded. "The producers have done well: the price of wine out of the property, that is to say, those paid to producers have risen to 15% and even 20%," says Denis Verdier. It is mostly entry-level wines that benefited from the largest increases. Consumer side, "the increases were controlled by large retailers who had not passed on the cuts in previous years," said Denis Verdier.

In the difficult years should succeed to catch up needed for producers who can smile again after three years of crisis.

But two other unions, the SNPNC-FO and UNSA-Air, have maintained their parallel strike notice, which shall commence from 29 October for three to five days.

Negotiations break down including the number of crew members present on long flights, medium and short haul Air France would like to reduce.However, "this will place a serious case of the safety of passengers on flights of Air France," a judge of the unions representing flight attendants and stewards, the SNPNC-FO, in a statement.

Individualisation of pay

The unions also challenge the project management to change the evaluation system flight attendants. Air France would they be judged by their purser, rather than instructors, who are former cabin crew, as is the case.

But the unions, particularly the UNSA-Air, fear that this reform does not lead to an individualisation of pay in lieu of the automatic promotion today. They also fear that this new mission will turn the heads of cab "chefaillons.""After eight hours of negotiations, management has not provided a satisfactory response to our demands," summarized the SNPNC-FO cash advance today.

The social atmosphere is tense at Air France, then the group is setting up a savings plan which aims to restore its competitiveness. The priority of the airline is more than ever to fight against fierce competition from low cost airlines, said Jean-Cyril Spinetta, head Air France-KLM, in an interview to Le Monde dated Tuesday.

Restore competitiveness

To do this, Air France opened on October 2 its first regional base in Marseilles, to serve thirty destinations. Other bases are expected to follow in Toulouse, Nice and Bordeaux in 2012, after negotiations with the unions. The opening lines of low cost flights from Marseille had required a significant reorganization of work, to achieve lower costs by 15%.

If negotiations prove difficult, the group has little choice. Air France KLM has lost 40% of its market value in two and a half years, and suffered a loss of 197 million euros in the first quarter of fiscal 2011-2012. Just days after replacing unexpected Pierre-Henri Gourgeon Juniac by Alexander at the head of the group, Air France – KLM is also expected to issue a warning on its results for the period April to September, announced on Tuesday morning radio BFM Business. The company declined to comment on this information.

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The body responsible for regulating the banking sector would have directly challenged the previous management but also the leaders still in office. The report was quoted as saying, "number of findings concerning mechanisms for managing derivative positions are likely to contravene the regulations." Regulators cite "in 2007 and until 2008, the disclosure of Dexia Credit Local has remained evasive about the increasing risks, including the CEO and directors were aware. She ignored the violations of regulations and monitoring liquidity risk. "And the report says "the information to the public was not accurate, precise and sincere."

These omissions or falsehoods for the purchase of a portfolio of bonds and speculative securities amounting to 100 billion euros, an "illogical financing local government, the report quoted by Liberation. Regulators also suggest a failure on the part of the Dexia value of this portfolio of assets, both at the time of purchase as to resale. Worse, the leadership in place deliberately magnified the value of assets. The "overvaluation is estimated at at least 2 billion euros." Auditors such as Deloitte and Mazars have closed their eyes, the report said.

Loans to shareholders to purchase securities

The management team in place is also not spared.In a letter dated September 4, 2009, the report stresses that "the director of the institution has provided an underestimation of the volume of transactions."

Meanwhile, the Financial Timesaffirme that Dexia has paid 1.5 billion euros in its first two institutional shareholders before 2008 so that they carry out acquisitions of securities of the Franco-Belgian bank. But Dexia would, at the time, not breaking the law then in effect. The question is whether the court will examine the case Dexia.

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These rates are for beneficiaries of the Universal Health Coverage (CMU) or any person whose monthly income is less than 634 euros per month (for a single person). To request the application of these rates, you must obtain and complete an administrative form. Exercise inherently complicated for the target populations, not used to write. Worse, most of the time, people who could benefit do not even know they exist!

Effective in 15 days

The decree, in preparation since last year is expected to overcome these obstacles by automating access to these rates.Now, energy suppliers will receive a file directly from the CMU and will identify the affected customers. They will inform them they automatically assign the preferential tariff within 15 days guaranteed pay day loans. The new procedure should apply from the publication of the decree. EDF has already announced that its computer systems were ready.

The social tariff saves on the electricity bill of around 90 euros per year and 142 euros for the gas bill. A helping hand needed for 13% of households suffering from fuel poverty is to say that spends more than 10% of their budgets to cover their energy needs. Some 600,000 households currently receive social tariffs. The decree could raise the total to 1.5 million.

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The volumes are likely to be particularly low on Wall Street today because of Columbus Day (which commemorates the discovery of America by Christopher Columbus), holiday in the United States although the U.S. stock markets are open. Only the bond markets will be closed today

The willingness of the Franco-German recapitalize banks and out of the spiral of debt crisis and Europe, however, should boost the morale of investors.Nicolas Sarkozy and Angela Merkel, meeting in Berlin on Sunday pledged to respond "lasting and comprehensive peace" to the crisis in the euro area for the G20 summit in Cannes, 3 and 4 November. Proposals must be made but no details were supplied. "You will see the end of an entire fully functional," promised the Chancellor. The fate of Greece is suspended from his verdict of the Troika, reminded the two leaders. About the difficulties the European banking sector, the two leaders said they were "determined to do whatever it takes to ensure the recapitalization of our banks." The French president also assured that the agreement between the two countries on how and where the process was considered "complete", denying the reports of differences over the use of EFSF to provide the necessary funds.Again, the "details" will be specified later, they promised, even suggesting an EU summit scheduled for October 17 and 18 and a Eurogroup.

Note also in Europe, the Board of Directors of Dexia has validated the night from Sunday to Monday the takeover of its Belgian subsidiary by the Belgian government for a $ 4 billion. The Franco-Belgian bank, the first victim of the debt crisis in the euro area, is found then dismantled and nationalized the Belgian branch guaranteed high risk personal loans.

Opening of the ball results

United States, the season of quarterly results of large companies to begin this week. As usual the aluminum giant Alcoa will kick off these publications. Follow in particular, PepsiCo Wednesday, Thursday, JPMorgan Chase and internet group Google and finally, Friday, Mattel.Analysts bet on an average increase of 13% earnings per share for the third quarter. "The forecast for the quarter just ended are very conservative so there are chances that companies do at least as well as the consensus", say experts Cantor Fitzgerald.

On the macroeconomic front there is no major indicator on the agenda of U.S. investors on Monday. In the coming days, they expect including the minutes of the last meeting of the Federal Reserve (Tuesday) and retail sales (Friday). Specialists Aurel BGC, household spending should be slightly more dynamic in September. The slowdown in inflation for the effect should have increased the purchasing power of households.The latest U.S. statistics have also been rather better than expected, which has banished the specter of a return to recession in the United States and contributed to the rebound on Wall Street last week.

New clean cuts at Goldman Sachs

The side of values, according to the Sunday Telegraph, the investment bank Goldman Sachs could make additional cuts.

For its part, the global distribution of Wal-Mart announced that 12 brands of the brand were closed in Chongqing in China for 15 days, following a fraudulent labeling.

At the same rumors about Yahoo! continue. After the assumption of a takeover by Microsoft or by the Chinese partner of Motor internet, according to Reuters Jerry Yang, co-founder of the company could partner with a private equity investment to buy the company.

To bring the house down, the dealer puts in. .. Phoenix house worth up to 240,000 euros. Even better, the winner will also receive a check for 70,000 euros to help it acquire the land at the place of his choice. To be housed for life by Carrefour, just shopping in one of the hypermarkets of the sign. At checkout, you get a scratch ticket. It should then save the code on the site Carrefour.fr.The draw will take place October 31.

To attract as many customers as possible in its hypermarkets, Carrefour promises that the value of the jackpot will increase the number of participants small personal loans. If they are few, it will be a modest house of 82 square meters, valued at 150,000 euros. But if the lottery wins the success hoped for, it will be an opulent house of 132 square meters, estimated at 240,000 euros.

Never in Leclerc and Auchan

With this operation, the successor to back promotions and wine fair, the retailer hopes to make its customers wait until November. To fulfill its stores, Carrefour will then be discounted to Christmas, with many offers for meals and gifts.

The winner of the lottery the moment will have to wait 2012 to celebrate the holidays in his house Carrefour, surrounded or not by products from the distributor.But the brand hopes that the proud owner never will buy at Auchan or Leclerc, and that he will remain faithful.

Without having published a press release responding directly to the attack of the Italian President, Standard & Poor's is fighting back."The sovereign ratings by S & P ratings are apolitical, based on the evolution of" credit risk, provided to investors, "says one in the U.S. rating agency.

Moody's and soon …

S & P also ensures that its assessment is based on "independent analysis and detailed economic and fiscal outlook in Italy and on assumptions about the expected evolution of the debt.""The ratings indicate how the various policy initiatives may impact on the financial reliability and to hear any suggestions on policies that a government should or should not continue," said the rating agency.

Entangled in new revelations about his private life, Silvio Berlusconi is aware that the decision of S & P is a blow to the country, as Moody's may degrade the note of Italy in October that had never been lowered since the beginning of the debt crisis.

Player Figaro BFM

LE FIGARO. – Are you worried hearings lower than for DTT channels?

Veronique Cayla. – Arte was affected later by the arrival of DTT. It was only in 2009 that the audience began to drop out. Until then, the evening of Arte has remained at around 3% audience share and, earlier this year, we went down to 1.8% and 1.5% in the evening on the entire day. As France 5, the transition to DTT implies, moreover, Arte for the transition to broadcast 24 hours 24. While the chain of France Televisions significantly increased its investment in programs, Arte spent only 5 million per year to its schedule of the day, offering viewers between 5:00 and 7:01 p.m. showcase particularly poor.Most of the budgetary effort focused on the distribution costs which increased by 46% between 2007 and 2011.

Our new contract with the state gives us a public grant of 270 million euros in 2012, an increase of 7.3% over 2011. The entire increase will be allocated to programs. In return, we will, over the next five years to reverse the curve of the hearing and to win back viewers. I believe that today, no historical chain would risk such a commitment!

The group Arte has a budget of more than 400 million euros (250 million for France). Is it normal in view of its audience?

Arte is a chain serving the Franco-German broadcast in both countries and whose mission is to produce works (fiction, documentaries, films, live shows …). Which necessarily more expensive.In addition, because of bilingualism, Arte can not be a TV stream as simultaneous translation is simply unbearable for viewers.

Your audience is close to 60 years. What will you do to rejuvenate?

There is no question of rejuvenating the audience but to expand it. We find in fact that the same programs that are viewed on our antenna by more than 55 years seduce our site arte.tv 40 years. In other words, these are not programs that age the hearing but the media. I hope so much courage to all those whose strategy based on a rejuvenation of their audience on television! With Arte, we believe that if we suffered on TNT, Internet will save us.

As for the grid, we will work by step, our goal this year is the access to work and then we will address the day gradually up towards midday.

What are the developments on the Internet?

Arte has always been way ahead of the Internet, as evidenced also the success of Arte + 7, our catch-up TV, Arte Live Web, our platform for concerts and live performances, and Arte Creative devoted to art. Today, viewers may find this offer via mobile applications. We will amplify this group policy by continuing to create specific content for the Web. The recent history proves audiovisual Arte must not remain isolated but create a "group" around its antenna.We plan to create three other platforms that could be spent, for example, environment, film and history.

In 2012 and 2013, we will focus on the production of hybrid programs that can be broadcast in television and declined at the same time on the Internet. So we will keep our lead on the connected TV is a blessing to us! It will enable us to attract a wider audience in television and offer a more demanding public and sharp versions of these programs, all on the same screen. At the same time, we will work to relinéarisation part of our program digital platforms to allow viewers to create their own channels Web2.0.

Some accuse you of being more a chain of discovery.What do you say?

Given the history of the chain, it was normal to do work of historical reconciliation between our two countries. That's why the story has long been the focus of programming Arte. Today, there is no reason not to add more in this chain. We must look at the world. Otherwise, Arte no sense in relation to public expectations. The discovery programs are quite a place on Arte.