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Thousands of people started marching Tuesday across France to say no to them according to the austerity imposed by the European Union and call for a genuine policy of growth to five days before the second round of presidential elections.

Nearly 290 processions are announced by the CGT, one in the afternoon in Paris, where walkers will have been preceded by a National Front demonstration and where they will parade during a political rally organized by the outgoing president.

The inter-union (CFDT, CGT, FSU, UNSA and Solidaires), promises that there will be no political message on the banners of the first parades in May-but the CGT, unlike other organizations, called for "beat Nicolas Sarkozy."

In Marseille, about 20,000 people, according to unions, protested for a parade more social than political. "This gives it a special flavor, but we do not mean our demands immediate demands in the pocket," said the delegate county of the CGT, Mireille Chessa. The banner head behind which all the unions, with the exception of FO, marched, summed up this attitude. "Against the austerity policies, workers united for social progress" could be read. Fralib employees, who for nearly two years to oppose the closure of the last site in France to make the teas Elephant, opened the procession.

Holland in Nevers to honor Beregovoy

About 1500 people marched in 4500 in Strasbourg and Mulhouse, according to a statement made on site by Reuters, a significant interest in Alsace, while the region is in middle of spring break and the CFDT was not involved, as organization, in the event.  

In Strasbourg, where employees of the truck manufacturer Caddie, in receivership, opened the parade, only a few slogans directly recalled the presidential election, as "If you're against Sarkozy, clap your hands", sung by the Orchestra of the CGT.

In Paris, delegations from the Socialist Party and the Left Front should remain in the rear of the parade as not to hinder the trade unionists and Francois Hollande has chosen to honor Nevers (Nièvre) to Pierre Beregovoy, the Prime Minister Francois Mitterrand, who s 'committed suicide there exactly 19 years.

Union leaders see as a "provocation" of Nicolas Sarkozy's decision to hold its own gathering on the job after reporting since the beginning of the campaign "these intermediate bodies" that are the unions.

"The first is May-workers and anyone else," said Francois Chereque Tuesday on BFM TV. The secretary general of the CFDT, which does not give instructions to vote, said the speech of Nicolas Sarkozy on the job has become "unbearable." "Every time there was a takeover in the history of politics on this holiday (1-May-Ed) was derived in a context of undemocratic," he said Monday in an interview published by Liberation .

Thibault argues for a social Europe

The secretary general of the CGT, Bernard Thibault, has instead confirmed he called to vote for Francois Hollande. "The CGT called to fight the current president," he said on Europe 1. "I am surprised that some are surprised that a union of employees can have an opinion about the issues of a presidential election."

"It's from the social balance sheet, economic and president of his intentions – among his first, he wants to, as the employers claimed, a reform of the definition of termination for economic reasons," that this position has was taken, he said.

The SGC requires a minimum wage to 1,700 euros per month and expects Francois Hollande, who has promised a big meeting with the social partners if elected on May 6 before deciding, he goes in that direction very quickly. Bernard Thibault believes that the austerity measures introduced in the European Union led the latter to the disaster and calls for a social Europe.  

To better themselves as "unifier" Nicolas Sarkozy faced with a "who wants to divide", the Socialist candidate Francois Hollande has sent a letter to leaders of the five confederations. He reiterated his promise to do major players in the next five years if they win.

(With Reuters)

Now you are not supposed to compromising with your needs just lack of few funds as payday loans are available to you.

 

Ferrero will have to pay for providing the Nutella to American children. The manufacturer of the famous chocolate spread, which is the subject of a class action lawsuit brought by a California mother who did not know that Nutella was so bold, will indeed come out the checkbook to settle the case. He agrees to pay up to $ 4 for every jar of Nutella purchased in California between August 2009 and January 23, 2012, or the rest of the United States between January 2008 and February 3, 2012. The agreement does not include the rest of the world.

Consumers should send their application before July 5 (a maximum of five pots), four days before the courts definitively validate the regulations. The group will pay a total $ 3.05 million.

"Shocked"

Athena Hohenberg, mother of a child in San Diego, had made the dough, nutty taste of the main element of his son. She said she was "shocked to discover that Nutella was neither healthy nor nutritious food, but it was barely better than candy and it contained dangerous levels of saturated fat." In its complaint, filed in February 2011, it considers that promotes Ferrero Nutella as "an example of a balanced breakfast and delicious" and paste "healthier than it actually is creditreport."

Following this case, Ferrero USA is committed to "change some statements on the marketing Nutella" and better detail its nutrients, according to the text published on the site nutellaclassactionsettlement.com. "We think it is in the interest of the company to resolve these issues," said a spokeswoman for Ferrero.

The complaint of Athena Hohenberg, however drawn criticism in the local press. The LA Weekly and advises to "procedural mothers of California" to behave responsibly. "Try to make yourself snacks for your children. A jar of Nutella, occasionally, do not hurt, if you feed your children properly. And it's so good spread on a pancake, "concludes the paper.

(With Agents)

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Presidential in major cities Paris | Leeds | Lyons | Toulouse | Leeds | Sheffield | Liverpool | Bordeaux | Lille

 

SELNI, last French manufacturer of motors for washing machines, has just robbed a mega contract to one of its Chinese competitors. This firm, which currently employs 150 people, provide from the end of the year in Vestel, a Turkish specialist appliances, two million engines per year, and for ten years. "This is a contract of several hundred million euros, whereby we are doubling our production. In France today, we can compete with the Chinese, "says Philippe Vidal, CEO of SELNI.

SELNI, whose turnover is currently around 25 million euros, has managed to match Chinese prices, while offering products of superior quality. "Our responsiveness has also weighed in the balance. Our technical tool allows us to fill an order within 48 hours, against more than 6 weeks for the Chinese, who suffer from very long delivery times, "says the director.

Production in Turkey

However, the company based in Nevers comeback. Hard hit by the crisis of 2008-2009, she almost put the key under the door, before being taken up by several of its executives. Today she is back on track. "We have optimized our products as our organization. Engines, for example, have been lightened up. It has replaced some components in copper with aluminum, but harder to work cheaper. Internally, we developed the versatility of each, "says Philippe Duval.

This additional production does not necessarily translate provided by new hires. 800,000 engines for entry level to provide Vestel annually SELNI had to agree to perform in Turkey, 3 kilometers from his client. "We would not have been able to make these motors very cheap in France, and we reserve margin. This proximity allows us to provide just-in Vestel, explains Philippe Duval. We approach our customers as we did before the automakers. "

From 30 to 40 people will be employed in Turkey. "That leaves 1.2 million engines a year to produce more in Nevers."

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Less than three weeks of its annual general meeting, it is very bad news just learned that the 40,000 shareholders of Berkshire Hathaway. Buffett suffers from prostate cancer.

"This note to say that I was diagnosed with prostate cancer stage 1. The good news is that my doctors told me that my health does not put anything in my life in danger or does not weaken me enormously, "says legendary investor highly respected in the financial community, in a letter. In his message, he explains that he and his doctors decided he would undergo radiation therapy for a period of two months starting in mid-July.

This protocol will restrict its ability to move, but not prevent it to work everyday, he said. The shareholders of its holding company, Berkshire Hathaway, will be required to the evolution of his health, he further said.

However, the American billionaire sought to reassure its shareholders. "I feel very well – as if my health was perfect – and my energy is 100%" guarantee multibillionaire. More importantly, this announcement comes six weeks after the guru of finance said that the estate is already assured. He concluded: "I will inform the shareholders (Berkshire Hathaway) immediately if my health changed. One day, of course, it will happen. But I am convinced that this day is still far from us, "he concludes.

 

The possibility of a takeover by the state oil company YPF of Argentina, 57.4% owned subsidiary of Spain's Repsol, has provoked a lively access of diplomatic tension between Madrid and Buenos Aires. "Any aggression against Repsol violating the principle of legal certainty will be taken by Spain as an aggression," said Friday the Spanish Foreign Minister, Jose Manuel Garcia-Margallo, just after having summoned the Ambassador of Argentina.

Detonator of the sudden onset of fever, a meeting Thursday between the Argentine president, Cristina Kirchner, and provincial governors, who must consider the possibility of a joint venture with YPF, that is to say partially nationalized. The Argentine government is pressuring oil companies to increase their domestic production, the country's oil bill last year soared 110% to $ 9.4 billion easy payday loans. Accused of not investing enough, Repsol YPF has been withdrawn in recent weeks 16 oil concessions by half a dozen provinces. Repsol YPF is the leading fuel in Argentina, where it controls 52% of refining capacity and 1,600 service stations. It also represents two thirds of the production of Repsol.

"International plague"

In Madrid, some fear that Buenos Aires does not benefit the situation in which economic weakness is now Spain to advance his pawns. Hence perhaps the force of the reaction. The Spanish Secretary of State to the European Union, Inigo Mendez de Vigo, said that "Argentina (would) become an international pariah," warning "that within the international community, break the rules has a price. " The European Commission called on Argentina to "protect foreign investments on its soil."

 

Subject to market pressure, the Spanish government is ready to break all taboos to address the public accounts of the country. Latest idea, unveiled Monday on a radio by the Minister of Economy, Luis de Guindos: as health care are no longer free for Spaniards earning over 100,000 euros per year. "The regions are responsible for health and education spending. Take into consideration that, in the case of health expenditure, we have accumulated a debt of 15 billion euros and that this can not happen again, "justified the Minister.

The reform is far from being seated. But the Conservative government of Mariano Rajoy has indeed decided to initiate discussions with local executives on this delicate subject. "The regions have to give up spending much of what they spend today," said the budget minister, Cristobal Montoro, in an interview in El Mundo. This can only go through cuts in health and education, two positions that absorb 60% of the budgets of the Spanish regions. Even weakened, the Socialist Party, however, give account of the voice, his number two Elena Valenciano, who said that the decline of these two budgets was a "red line".

British example

If the regions are on the spot like is that they are the cause of the slippage of the Spanish public deficit, which reached 8 guaranteed online personal loans.5% of GDP in 2011 instead of the 6% forecast. To reduce the deficit to 5.3% the government has unveiled a new austerity plan (down from departmental budgets, cuts tax loopholes etc..). But that was not enough to reassure markets. Hence this new trial balloon, that was just after the Minister of Economy assured in an interview with the Frankfurter Allgemeine Zeitung on Saturday that Spain will emerge from this crisis "without outside help."

The idea of ​​restricting the access of the wealthiest households in the social system is not new in Europe. The UK in 2013 will remove child benefit when parents earn over 88,000 pounds (106,000 euros). In France, however, no candidate provides such a measure. Health, successive governments have preferred to increase the share paid by all French. One solution that the Spanish Economy Minister determines not to be "a panacea".

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For the third and penultimate trading session on the agreements "competitive employment", management has decided to accelerate. A draft framework for these agreements was submitted Tuesday to the unions to allow companies to adapt working time and wages according to the activity and avoid having recourse to short. On this subject on the table by Nicolas Sarkozy in January, the MEDEF is pressed to agree – while the unions themselves, the play shows until the presidential election.

Laurence Parisot, the boss of bosses, gave instructions to his troops to quickly reach a compromise: "Beyond the election, so does employment and business life."

The project submitted by the employers provides that such agreements are negotiated within the company, with unions that are present payday lenders. "The branch is present in an advisory capacity and can not be blocking," says Patrick Bernasconi, leader of the employers' delegation. Moreover, the agreement should be concluded for a fixed period, not exceeding two years. The refusal of an employee to accept a dismissal would sui generis authorizing him to receive severance and termination pay.

The unions responded in a disorganized, the polite refusal of the CFDT not judging "not balanced" the denunciation of a "job blackmail" by the CGT.

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The French like their views. In 2011, the 45 million Internet account that France have published on the Web about 1.1 million recommendations on local businesses, according Nomao, a search engine "places" which screens more than 100 daily million web pages in five languages. Hotels, restaurants, grocery stores, hairdressers or museums, more than 15 million locations that are subject to the judgments of users throughout Europe. And the French are the champions in this field. They "posting" a comment for 40 users, one for 45 against Italy, one in Spain to 51, and 55 for the UK. Germany is lagging behind, with a comment for 106 users.

Changes in gross terms, notices on the Internet between 2007 and 2011. Photo credit: Nomao.

 

The alliance between the U.S. carmaker General Motors and its French partner PSA is accurate. Last night, the U.S. giant has announced it will pay 320 million euros to take a 7% of PSA Peugeot Citroen. The Detroit-based group said the two groups will manufacture at least four common vehicle models by 2016. In announcing the proposed alliance, Dan Akerson, the CEO of General Motors, was carrying indicated that "each partner will continue to design, manufacture and sell its own vehicles."

In addition, General Motors said in a document addressed to the U.S. stock market watchdog, the SEC, that the alliance is initially sealed for a period of ten years. Both groups can then renew their partnership, unless one party is opposed to this extension. The first manufacturer in the world adds that the proposed alliance may be terminated if a competitor of GM takes 10% or more PSA, or if the share held by the Peugeot family falls below the threshold of 15% and that a competitor amounted to 5% or more. A clause further provides for an end to the partnership if another automaker acquires 3% of PSA following an agreement with PSA Peugeot or with family.

A price of 8.27 euros per share, which disappoints investors

For its part, Peugeot said this morning that the operation will be priced at 8.27 euros per share, representing a discount of 42% over the closing price last night. What irritated investors, awarded the title at the opening of the Paris Stock Exchange on Tuesday Peugeot forfeits 5.39% to 13.44 euros in early trade, while the index referring to the Paris, the CAC 40, posted at the same time a decrease of 0.35%. The group also explained to shareholders that he did not pay a dividend this year.

The proposed alliance announced last week solely to improve profitability and competitiveness of both companies. The partnership will be the occasion of a capital increase of around 1 billion euros. After the operation General Motors will enter the capital of the Lion brand to the tune of 7%, making it the second largest shareholder of the company behind the Peugeot family. The family will in turn invest 150 million euros in the operation to remain the largest shareholder, with about 25% of the capital.

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