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	<title>World News, Financial News, Breaking US News &#187; resources</title>
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		<title>&quot;Consumers will be better protected&quot;</title>
		<link>http://schulemitbiss.com/consumers-will-be-better-protected/</link>
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		<pubDate>Fri, 23 Jul 2010 04:20:10 +0000</pubDate>
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		<description><![CDATA[ ABC News &#8211; Where is the bill that protects the personal assets of individual entrepreneurs? 
 Herve Novelli &#8211; The decrees of applications of this law appear before the end of the year for implementation status as of 1 January 2011. We will do everything to create a sole proprietorship with limited liability (EIRL) [...]]]></description>
			<content:encoded><![CDATA[<p> ABC News &#8211; Where is the bill that protects the personal assets of individual entrepreneurs? </p>
<p> Herve Novelli &#8211; The decrees of applications of this law appear before the end of the year for implementation status as of 1 January 2011. We will do everything to create a sole proprietorship with limited liability (EIRL) is simple. It is possible to create an online EIRL site counter-entreprises.fr. I also implemented a feature that allows the entrepreneur to avoid having to give a personal guarantee to the bank when he wants to borrow money, this financial product will be managed by OSEO will guarantee up to 70% maximum loan granted by the bank. </p>
<p> Banks are hostile to the creation of a sole proprietorship to limited liability.How to convince? </p>
<p> Banks must be with contractors, as the state has to be by their side when they needed it. I will ask the banks in September to explain the importance of this reform on 1.5 million individual entrepreneurs. I do not want there to be ruined because of artisans of a bankruptcy professional. </p>
<p> This Order is being signed and will include officials from exercising a complementary service activities to the person. </p>
<p> The study group set up with the budget minister working for the simplicity of the status of self-contractor be extended to 1.5 million self-employed. The aim is that the deadlines for payroll taxes are more in line with sales receipts.It is better to consider the impacts on cash social security contributions, especially when the turnover decreased <a href="http://pay-day-loans-i.com">quick pay day loan</a><!-- . -->. The working group will issue its findings in late September. </p>
<p> I signed on July 28 financing agreements on the training of entrepreneurs with self-insurance fund training. The State will fund this year to the tune of 5 million euros. </p>
<p> Protecting consumers, as business support is essential to revitalize our economy. I decided three types of operation for this semester. The administration of fraud prevention is better control of online commerce sites that are becoming more numerous. It has created 17,000 sites trade thanks to the status of self-contractor. 24 million French people use them, and nearly one in two French selects his holiday on the internet.I will start early September also strengthened controls to enforce the rights of students who rent rooms and furnished and are sometimes subject to unfair terms. Finally, I want to limit the accidents of everyday life that are still too many in connection with the Consumer Safety Commission mandated that I have on this </p>
<p> After several months of negotiations between MEDEF and consumer associations, we have reached an agreement on the protection of personal digital data. Consumers who buy a product on the Internet should give their consent for their personal information is transmitted to other sites. They will oppose it easier to use their personal data for commercial purposes. </p>
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		<title>Pflimlin &quot;accustomed to social negotiations&quot;</title>
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		<pubDate>Mon, 05 Jul 2010 18:56:08 +0000</pubDate>
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		<description><![CDATA[
 ALSO READ: 
 &#34;France Televisions: Pflimlin takes command 
]]></description>
			<content:encoded><![CDATA[</p>
<p> ALSO READ: </p>
<p> &quot;France Televisions: Pflimlin takes command </p>
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		<title>Tensions between China and foreign bosses</title>
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		<pubDate>Sat, 03 Jul 2010 11:52:10 +0000</pubDate>
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		<description><![CDATA[ Click on the thumbnail to enlarge the graphics. 
 The controversy swells daily. After the Europeans, it is now the boss of General Electric to accuse China of putting a spoke in the wheels of foreign companies. &#34;I&#39;m really worried, I am not sure that ultimately they want that we will succeed,&#34; he complained [...]]]></description>
			<content:encoded><![CDATA[<p> Click on the thumbnail to enlarge the graphics. </p>
<p> The controversy swells daily. After the Europeans, it is now the boss of General Electric to accuse China of putting a spoke in the wheels of foreign companies. &quot;I&#39;m really worried, I am not sure that ultimately they want that we will succeed,&quot; he complained to an audience of businessmen from Italy, reported the Financial Times on Friday. </p>
<p> Last Tuesday was a report of the European Chamber of Commerce in Beijing, which accused China to increase the discriminatory measures. He denounced a &quot;discretionary application of laws and regulations, the registration process unnecessarily complicated and&quot; inconsistencies in the application of national criteria. </p>
<p> In Beijing, many business leaders say the word to cover: it is increasingly difficult to work in China.&quot;They understand that they can leave if they are not happy,&quot; says a corporate lawyer. Since April, the party newspaper, the China Daily, had sniffed the wind of revolt and was almost threatening.&quot;When foreign companies encounter difficulties in their projects (&#8230;) if they do nothing but complain that the foreign media and amplify the case without analyzing the merits and slandering the Chinese economy, they will end up delaying the process of improving the investment environment, &quot;he wrote. </p>
<p> Funny way to appease the spirits when President Hu Jintao says it wants to &quot;take concrete steps to reject any form of protectionism and unequivocal support free trade.&quot; </p>
<p> The World Trade Organization said in its latest report &quot;Interest in China and its foreign suppliers of more rapid liberalization of China&#39;s service industries.But Beijing, which, in a gesture of goodwill, will leave July 15 rebates for export taxes on certain sensitive products, prefer to believe that foreigners &quot;grunt&quot; on account of wages. </p>
<p> Rising labor costs </p>
<p> Demonstration of support to employees of Foxconn, Hong Kong in June Photo credits: AFP</p>
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		<title>Retirements: Fillon will not retreat</title>
		<link>http://schulemitbiss.com/retirements-fillon-will-not-retreat/</link>
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		<pubDate>Fri, 25 Jun 2010 17:52:09 +0000</pubDate>
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		<description><![CDATA[&#34;No engagement will not solve the demographic problem,&#34; still insisted the prime minister, noting that previous pension reforms of 1993 and 2003 had been &#34;challenged&#34; and &#34;are now accepted by everyone.&#34; 

]]></description>
			<content:encoded><![CDATA[<p>&quot;No engagement will not solve the demographic problem,&quot; still insisted the prime minister, noting that previous pension reforms of 1993 and 2003 had been &quot;challenged&quot; and &quot;are now accepted by everyone.&quot; </p>
<p>
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		<title>Sanofi-Aventis: favorable opinion on the Multaq</title>
		<link>http://schulemitbiss.com/sanofi-aventis-favorable-opinion-on-the-multaq/</link>
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		<pubDate>Wed, 16 Jun 2010 11:56:09 +0000</pubDate>
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		<description><![CDATA[ Good news for Sanofi-Aventis. The pharmaceutical giant has obtained a favorable opinion of the Commission on Transparency Multaq medical interest, reveals the Tribune Wednesday. This drug for cardiac arrhythmias in place of amiodarone which generates significant side effects, had been criticized by the French authorities as a renowned American Institute cardialogie. 
 The Transparency [...]]]></description>
			<content:encoded><![CDATA[<p> Good news for Sanofi-Aventis. The pharmaceutical giant has obtained a favorable opinion of the Commission on Transparency Multaq medical interest, reveals the Tribune Wednesday. This drug for cardiac arrhythmias in place of amiodarone which generates significant side effects, had been criticized by the French authorities as a renowned American Institute cardialogie. </p>
<p> The Transparency Committee eventually concluded that &quot;the Multaq does not improve the medical service rendered in relation to amiodarone (&#8230;) but represents a useful supplementary therapy. Experts believe that the &quot;medical service rendered&quot; is &quot;important&quot; when they had considered &quot;moderate&quot; in the first review in March. </p>
<p> This advisory opinion warrants a refund of 65% of Multaq, but it does not fix the selling price. This will be negotiated with the Ministry of Health.The daily La Tribune said that the opinion of the Commission should result in a price lower than the products already marketed. The laboratory should therefore support price negotiations with a strong argument: the reduction of hospitalizations and deaths due to medication. </p>
<p> 900 million euros turnover in 2013 horzon </p>
<p> While numerous patents expire Group, Sanofi-Aventis place great hope in the Multaq: Analysts expect 900 million euros turnover in 2013, according to business daily. </p>
<p> The new drug is already marketed in several countries like Germany, the United States, the United Kingdom, Denmark, Norway, Ireland, Switzerland or Canada. A spokesman for the pharmaceutical group has confirmed a target marketing Multaq in France by the end of the year. </p>
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		<title>Wall Street closed down sharply</title>
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		<pubDate>Wed, 02 Jun 2010 14:20:07 +0000</pubDate>
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		<description><![CDATA[ After a long weekend of three days, U.S. stocks ended the session sharply downward after Abor open in bright red, then climbed into the green after two good U.S. indicators. 
 In the end, the Dow Jones folds of 113 points (-1.14%) to 10,023 points, the Nasdaq drops 1.54% and the S &#38; P [...]]]></description>
			<content:encoded><![CDATA[<p> After a long weekend of three days, U.S. stocks ended the session sharply downward after Abor open in bright red, then climbed into the green after two good U.S. indicators. </p>
<p> In the end, the Dow Jones folds of 113 points (-1.14%) to 10,023 points, the Nasdaq drops 1.54% and the S &amp; P lost 18 points to 1070 points (-1.7%). Oil, too, ended down sharply on 72.7 dollars a barrel, weighed down by a series of disappointing economic indicators in Europe and China, bad news for energy demand. </p>
<p> On the energy side, the sector suffers greatly (-4.3% for the sector index) of the state of BP (-14.97% to 36.52 dollars), which fails to control the flow of oil &#39;s escapes into the waters of the Gulf of Mexico since April 20.Titles BP have lost more than 13% at the London Stock Exchange on Tuesday and 40% since the explosion of the platform. </p>
<p> The United States has opened a criminal investigation and civil and criminal cases to shed light on the oil slick in the Gulf of Mexico caused by the explosion of a platform operated by BP, said Tuesday the U.S. Department of Justice. </p>
<p> Two good stastitiques U.S. </p>
<p> The increased activity in the manufacturing sector in the United States has slowed slightly in May, the ISM index fell to 59.7 with measuring, according to figures released Tuesday by the association. But his pace, however, exceeded expectations and the industry and displays its tenth consecutive month of growth. </p>
<p> Moreover, construction spending in the U.S. jumped 2.7% in April, according to official figures released Tuesday in Washington, showing up much more than expected by analysts.Economists on average had forecast an unchanged rate of expenditure after the decline of 0.3% originally announced for March. </p>
<p> June catastrophic better after May </p>
<p> Yesterday, the NYSE was closed for Memorial Day. Friday, after falling heavily in meeting Wall Street had ended the week around the equilibrium. The Dow Jones had lost up to 3% in session after the announcement of the lowering of the Spanish debt rating by rating agency Fitch has finally yielded 0.23% at closing. </p>
<p> The month of June begins on a note strongly negative, while the month of May had already been disastrous for U.S. and European financial centers. </p>
<p> The euro hit a four-year low </p>
<p> On the foreign exchange market, the euro is down sharply.The euro fell Tuesday to 1.2115 dollars in morning, its lowest level in more than four years against the greenback. </p>
<p> The currency was dragged down by a report suggesting the ECB further write-downs for banks in the euro area. According to the ECB, the need for reserves of banks in the euro area to cover potential losses amounted to 90 billion extra in 2010 and 105 billion in 2011. After dropping Friday, the euro had rebounded Monday above $ 1.23.</p>
<p> Prudential pressure </p>
<p> On the side of values, the U.S. insurer AIG (-3.19% to 34.25 dollars) on Tuesday sent a procedural bar to his British rival Prudential, which claimed to be lowered from 14% the price of selling its Asian subsidiary AIA, which could derail the transaction record in the history of insurance. </p>
<p> Also note, the aircraft manufacturer Boeing Co. (-1.92% to 62.95 U.S. dollars) has won a tender to provide civilian aircraft to Russian conglomerate Rostekhnologuiï facing the European Airbus and United Aircraft Corporation Russian UAC. </p>
<p> Among the largest declines in the Dow, Alcoa is the red lantern, with a decline of 3.87% to 11.2 dollars, then comes JPMorgan Chase, which fell 2.63% to 28.54 dollars.</p>
<p> Only six values are listed in the green, including Kraft Foods (+1.05% to 28.9 dollars), more strongly, and Wal Mart (0.71% to 50.92 dollars). </p>
<p> General Motors has for its part announced its intention to invest $ 385 million in Brazil in the renovation of its existing production units. The U.S. company plans to renew the production line of a factory that manufactures Classic, Corsa and Vectra in Sao Paulo. </p>
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		<title>Questions about the crisis in the euro area</title>
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		<pubDate>Thu, 29 Apr 2010 15:00:10 +0000</pubDate>
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		<description><![CDATA[ &#34;Greece can she leave the euro area? 
 &#34;What is the role of rating agencies? 
 &#34;Greece can go bankrupt? 
 &#34;Is there a risk of contagion to the rest of the euro area? 
 &#34;What risks for European banks? 
 &#34;Why do they attack the markets as Portugal? 
 &#34;Does France have any [...]]]></description>
			<content:encoded><![CDATA[<p> &quot;Greece can she leave the euro area? </p>
<p> &quot;What is the role of rating agencies? </p>
<p> &quot;Greece can go bankrupt? </p>
<p> &quot;Is there a risk of contagion to the rest of the euro area? </p>
<p> &quot;What risks for European banks? </p>
<p> &quot;Why do they attack the markets as Portugal? </p>
<p> &quot;Does France have any reason to worry? </p>
<p> • Greece can she leave the euro area? </p>
<p> »Back to top </p>
<p> The want it &#8211; despite the financial risks &#8211; Greece would have the greatest difficulty to get out of the eurozone for legal reasons. If a Member State may be expelled from the EU if it no longer meets the political criteria, this option is not provided by the Treaties for the euro area. This legal vacuum is subject to interpretation.&quot;It is inconceivable that a Member State legally so the euro area without retiring in parallel with the European Union,&quot; says Phoebus Athanassiou, legal adviser to the ECB. As for expulsion from the monetary union, it would be &quot;virtually impossible from a legal standpoint, because it would amend the treaties unanimously, says he, in a research note. Angela Merkel had called in March to exclude the possibility of a country does not fulfill the conditions of membership of the single currency. Without revising the treaties, the option of expulsion would be &quot;perhaps achievable through the back door&quot; by establishing a de facto monetary union with two speeds. The emerging countries could keep the euro as parallel currency.But it is more of a possibility is more theoretical than practical, as the hazards are many. </p>
<p> ALSO READ: </p>
<p> &quot;Merkel should be able to exclude a country from the euro </p>
<p> • What is the role of rating agencies? </p>
<p> »Back to top </p>
<p> Rating agencies &#8211; the number three in the world &#8211; are private and independent agencies that assign a score to countries or financial companies. Investors rely on this note to know the risk level of bonds they buy. Each agency to its own methodology. Standard &amp; Poor&#39;s, for example, attributes the &quot;AAA&quot; rating to the best transmitters, then descends to &quot;AA&quot; and &quot;A&quot; and &quot;BBB&quot;. Each time, these notes are accompanied by signs + or -.Then, the notes come down to &quot;BB&quot; and are then considered to reflect the level of obligations &quot;rotten&quot; &#8230; In general, the rating reflects the percentage probability that the issuer will default. Thus, an issuer rated triple AAA, like France, has 0% chance to fail in three years. An issuer &#39;BB&#39;, as is now Greece, 23.08% to fail within three years. </p>
<p> • Greece can go bankrupt? </p>
<p> »Back to top </p>
<p> Photo credits: AFP</p>
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		<title>PSA and Mitsubishi signed a new partnership</title>
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		<pubDate>Tue, 27 Apr 2010 09:00:16 +0000</pubDate>
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		<description><![CDATA[ They had first announced, they did. On the occasion of the Auto Show that was held last March in Geneva, PSA and Mitsubishi have confirmed that they would continue their industrial cooperation, aun when they abandoned their capital project alliance. On Tuesday, on the sidelines of the results of Mitsubishi, the two automakers announced [...]]]></description>
			<content:encoded><![CDATA[<p> They had first announced, they did. On the occasion of the Auto Show that was held last March in Geneva, PSA and Mitsubishi have confirmed that they would continue their industrial cooperation, aun when they abandoned their capital project alliance. On Tuesday, on the sidelines of the results of Mitsubishi, the two automakers announced they would jointly develop a compact 4&#215;4 model, which will be marketed in Europe in 2012. </p>
<p> This vehicle is available in four-wheel and two wheel drive, and will be based on an existing model from Mitsubishi, RVR known in Japan and ASX in Europe, which will be suitable for Peugeot and Citroen brands, say the two groups said in a statement. Finally, the vehicle will be equipped with a diesel 1.6 Di Peugeot Citroen.50,000 vehicles per year and brand should be built. </p>
<p> The statement said that it is the fourth cooperation between PSA and Mitsubishi, after the agreement on the manufacture of all-terrain vehicles and electric, and the inauguration of a joint plant in Russia. </p>
<p> Mitsubishi also presented its annual results this morning. The Japanese carmaker is ironed green during the 2009-2010 fiscal year completed in late March, registering a net profit of 4.7 billion yen, or 36 million euros. It provides an increase of 31.4% of its turnover for 2010-2011. </p>
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		<title>Green is expected at the Paris Bourse</title>
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		<pubDate>Mon, 12 Apr 2010 06:21:05 +0000</pubDate>
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		<guid isPermaLink="false">http://schulemitbiss.com/green-is-expected-at-the-paris-bourse/</guid>
		<description><![CDATA[ The green color should still be the day the Paris Bourse. Comforted by the end of the Japanese Nikkei up on Monday, the CAC 40 should continue its momentum on Friday. The key index in Paris had ended the week up almost 2%, surpassing the 4000 points to 4050 points. 
 Investors should be [...]]]></description>
			<content:encoded><![CDATA[<p> The green color should still be the day the Paris Bourse. Comforted by the end of the Japanese Nikkei up on Monday, the CAC 40 should continue its momentum on Friday. The key index in Paris had ended the week up almost 2%, surpassing the 4000 points to 4050 points. </p>
<p> Investors should be reassured by Parisian rescue plan with Greek details, as expected, were finally unveiled this weekend. The European system, operational since Sunday, includes up to 30 billion euros in loan agreements with joint assistance from the IMF. The new fact in any case already boosted the euro. In morning trading, the euro is worth 1.3675 dollars, up 0.12% against the greenback. </p>
<p> On the face of macroeconomic indicators, no news likely to react to the markets is expected.Important data such as current accounts or French industrial production in the euro area, will in the coming days. </p>
<p> However, the quarterly publications begin Monday in France and the U.S. <a href="http://paydayloans-on.com">cash till payday</a><!-- . -->. Intel, Google, Bank of America, or General Electric are expected across the Atlantic this week. The France oversee Alcoa or Atos Origin. </p>
<p> Values follow </p>
<p> In an interview with the Journal du Dimanche, the chief executive of Publicis said this weekend that the advertising investment is not expected to regain its 2008 levels by 2012.The latter also expressed readiness to re-evaluate its offer for the advertising of France Televisions, if the advertising was finally upheld. </p>
<p> France Telecom is in difficulty in Egypt where a court on Saturday confirmed its decision to block the bid from France Telecom on the minority of ECMS, the first mobile operator in terms of number of subscribers. </p>
<p> According to sources close to the deal, EADS will unveil its position on a possible bid to tender for the supply of tanker aircraft to the U.S. Air Force. </p>
<p> Alcoa publishes figures for its first quarter after market close in New York. </p>
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		<title>The CAC 40 increased his earnings</title>
		<link>http://schulemitbiss.com/the-cac-40-increased-his-earnings/</link>
		<comments>http://schulemitbiss.com/the-cac-40-increased-his-earnings/#comments</comments>
		<pubDate>Thu, 25 Mar 2010 17:49:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://schulemitbiss.com/the-cac-40-increased-his-earnings/</guid>
		<description><![CDATA[ After limited Wednesday its losses due to degradation of the note of Portugal by U.S. rating agency Fitch, the CAC 40 remains virtually unchanged, with the Opening index in Paris gained 0.05% to 3951 points. Thursday and Friday, will take effect in the European Council in Brussels. Support measures to Greece are expected, involving [...]]]></description>
			<content:encoded><![CDATA[<p> After limited Wednesday its losses due to degradation of the note of Portugal by U.S. rating agency Fitch, the CAC 40 remains virtually unchanged, with the Opening index in Paris gained 0.05% to 3951 points. Thursday and Friday, will take effect in the European Council in Brussels. Support measures to Greece are expected, involving the IMF and covering several tens of billions of euros.The stock exchanges in London and Frankfurt also opened small increase respectively from 0.07% to 5682 points and 0.08% at 6043 points. </p>
<p> The program also published a series of U.S. data &#8211; weeks claimed Thursday to 13 hours, and a third estimate of GDP for the fourth quarter of 2009 Friday at 13.30 &#8211; and the presentation from 9 hours by Jean-Claude Trichet&#39;s annual report the European Central Bank before the European Parliament. </p>
<p> The bank in a disorganized </p>
<p> As for values, the series of publications is nearing completion. Thursday, Hermes has released a turnover up 8.5% to 1.9 billion euros, while earnings fell slightly (-0.5%) to 290.2 million euros.Shortly after opening, shares Hermes show a net decline of 2.52% to 102.50 euros. </p>
<p> Pending more information on the measures to be taken at the Brussels summit, banking stocks move in a disorganized: Cr?dit Agricole and BNP Paribas rose respectively from 0.90% to 12.94 euros and 0, 33% to 58.03 euros. In contrast, Societe Generale and Dexia retreating respectively from 0.27% to 46.38 euros and 0.22% to 4.47 euros. </p>
<p> Renault rose 0.61% to 34.01 euros, negotiations on cooperation between the French automotive group Daimler and German are close to reaching an agreement, the Financial Times <a href="http://instant-payday-loan-service.com">online payday loans</a> !!!???!! !???!!!.</p>
<p> The Italian A2A accelerates the process of selling its stake in Edison to EDF (-0.09% to 38.55 euros), a transaction that would allow the French group to take control of Italy&#39;s number two electricity, at we learned from sources close to the matter. </p>
<p> TF1 head of DTH </p>
<p> Germany, France, the United Kingdom and Spain are planning to protest together with the U.S. President Barack Obama against the forced removal of EADS (+0.76% to 15.28 euros) in the invitation to Tender tanker aircraft for the U.S. Air Force said Thursday the daily newspaper Les Echos. </p>
<p> TF1 got the green light by the High Council of Audiovisual (CSA) to buy chains and TMC NT1 group but AB&#39;s subsidiary Bouygues will make certain commitments.A decision welcomed by financial markets as the TF1 shares climbed 4.93% to 13.63 euros, the largest increase in DTH. </p>
<p> KKR announced Wednesday the sale of a stake of 4.4% in Legrand through a process of &quot;book building&quot; accelerated. It will own 20.6% of the capital and 27.5% of the voting rights of French group at the end of the assignment. Wendel for his part said not to join the operation and maintain its 24.9% stake in Legrand (-4.11% to 23.59 euros). KKR shares changing rapidly declining from 2.14% to 6.41 euros. </p>
<p> Camaieu (stable to 158 euros) announced Wednesday the results in sharp drop in 2009 but said he observed an improvement trend in the last semester. </p>
<p> Veolia (+1.25% at 25.96 euros) announced in a statement that the new boss of EDF, Henri Proglio, leaving the presidency of the board of directors. His replacement has yet not been identified. </p>
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