"If I am elected, I do not gèlerai, but I stoop down the salary of the president and ministers of 30%." By November 2011, Francois Hollande had made the campaign promise very symbolic, while Nicolas Sarkozy marked the spirits in increase of 172% net salary (of 7,084 to 19,331 euros) on arrival at the Elysee. Presented at the first cabinet meeting on Thursday by the new prime minister, Jean-Marc Ayrault, the measure was formally adopted, confirmed by several cabinet members. Accordingly, the president and ministers will have their wages fall by 30%. "This is exemplary," explained Jean-Marc Ayrault Wednesday on France 2. This measure will be a decree. But this law, which will not be adopted before June and the election of the National Assembly, "will be retroactive," said the spokesman of the government, Najat Belkacem-Vallaud. It is therefore effective "as of May 15" date of the nomination of Francis Holland as president.

The gross monthly salary of Ministers will therefore decrease of 14,200 euros per month, to 9,940 euros. That of the Prime Minister will also be trimmed from 21,300 euros to 14,910 euros gross. Like, finally, the compensation of the President of the Republic which is equivalent to the Prime Minister. With a plane that has a surprising consequence. Ex-Ministers continue to earn more than their successors for another six months. Indeed, each team member Francois Fillon retain his salary during this period. A privilege granted to all former ministers, who lose their theory, however, other benefits.

In the camp of the UMP, the reactions to this first measure of government have not kept waiting. Jean-Francois Cope, the party's general secretary, described the pay cut of "deception" on Twitter.

I denounce the imposture, the clannishness and demagoguery are the appointment of the first steps of @ fhollande ump.org / news / esp

. – Jean-Francois Cope (@ jf_cope) May 17, 2012

It explains, in a statement, the government has Ayrault "14 members of more" than the first Fillon government. "We go from 15 ministers, four secretaries of state and a High Commissioner to 34 ministers and deputy ministers, an increase of 65%. Wage cuts of 30% can not hide this fact: the government of Francois Hollande will be far more costly to the taxpayer. "

Largest decline in Europe

If they come later than in other European countries, this decline in compensation of government is by far the strongest. One of the first to take this measure, as he tried to impose on his country a vast austerity plan, was the Irish Prime Minister Brian Cowen. From 2009, he had reduced his salary and that of his ministers by 15%. In the process, in May 2010, Spain followed the movement by announcing a 15% reduction of salaries of its ministers. In the UK, the British prime minister, David Cameron, newly installed in power, his ministers imposed a 5% decrease in their pay. A dry diet made subsequently by Italy and Portugal, among others.

In Europe a constraint to fiscal Germany still appears a prosperous island. While the German economy grew by 2% annual rate in the first quarter, Angela Merkel and her ministers were granted for the first time in twelve years an increase of wages. The Cabinet decided on Wednesday to a 5.7% increase in three stages by August 2013, bringing the salary of Angela Merkel to about 17,016 euros gross per month and those of his ministers to about 13,795 euros.

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Christophe Chaptal de Chanteloup – The elements of language management has always struck me and amused. However, this language becomes troublesome in times of stress: flowery and poetic, he is far from making abrupt dismissal and restructuring that we know. And the action is more brutal, more vocabulary is elliptical.

This shift is also embarrassing for those who lead the game for those who are its victims. I campaign for the use of simple terms: "I dismiss you," instead of "we urge you to consider a track external developments."

That reflects the use of these words?

They may reflect a lack of strategy: one says anything to occupy the space. Conversely, the strategy may be clear, but the manager did not dare express it because it is politically incorrect. Attenuate the words then a brutal reality, as the "backup plan for employment", which saves only the use of those left

free credit score online.

What are the risks of this fuzzy language?

The weight of political correctness, the fact of wanting to be inclusive of as many of the sensibilities and finally make the speech unintelligible.

By disconnecting the language of reality, that reality is no longer included. This practice is detrimental to individuals and organization, which in the long term, lose their bearings. By dint of saying anything, you end up doing anything.

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The sports market takes shape. According to a PwC study, the activity related to events and sports clubs is 3.5 billion euros in France and the sector is estimated to grow 3.7% per year by 2015 (*).

Manufacturers, distributors, sports structures show increasing needs, including commercial. BTS MUC (management of business units) and DUT have flourished in this area and the area is muscle. The CESNI ESC Chambery launched its bachelor three years ago.

New programs

The NCPC will open his next term. In thirty years, this specialist trade training sport has developed some forty chains to bac + 2. "Our management bachelor of commerce sports meets an urgent demand from business managers in skilled, high scalability," says Gerard Pouet, general manager of CNPC.

To match the market requirements, schools can not do enough. At the School of Business Sports Management Amos, the third year of the bachelor is necessarily alternating and MBS (Master of business in sport) a six-month business. Sports Management School (SMS) has its first class bachelor's and MBA this year. "Our goal is to train our students in areas ranging from major retail clubs. The third and fifth years will pass half in business, "says Michael Tapiro, executive director of the school (EDC group). Best of all, every young person has a sponsor – elite athletes, club manager, a business manager in the sport … – which opens on the sector.

Distributors and manufacturers think global and act local. Last year, about 62 Decathlon stores open, 51 have been in Europe and beyond (China, Russia, India …). The courses are so heavily loaded with language, include seminars abroad, promote exchanges. The MSc in Sports and Outdoor Industry Management starting in September at EM Lyon will take place on its campuses in Shanghai and Europe.

The market will he integrate all the newcomers? "Supermarkets and manufacturers are fond of our bachelors and alternating with more than 75% are within six months of the school year," says Patrick Touati, director and founder of Amos. The bachelor's CNPC starts in Pau with 30 students.

The higher the educational level increases, the opportunities are reduced. The Idrac will open in September 5th year of a major "sports entertainment spectacle" and remains modest. Of the 25 students met in most, from 10 to 15 actually find an outlet in the world of sports, "other work in other areas but they will capitalize on the sporting image and the diploma," says the director of international program high school, Maxence Fontanel.

(*) Study on the PwC global market opportunities in sport, in December 2011.

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The owner of Jack Daniel's is in better shape than ever. Not only are sales of Tennessee whiskey, the fifth alcohol brand in the world after Smirnoff, Johnnie Walker, Bacardi and Absolut, are distributed in the U.S., but exports and accelerate the sales of other brands of Brown-Forman, whose Finlandia premium vodka and tequila El Jimador, is still growing as fast.

In total, the U.S. group Brown-Forman is getting ready to buckle on April 30 its 2011-2012 fiscal year with sales up 4% on a comparable basis compared to last year, when they reached 3.4 billion dollars. Operating profit is expected to jump by 8% (855 million last year). "In this sector, where the top ten players realize only 25% of the world, the race for size is not necessarily the best strategy, says Le Figaro Paul Varga, his boss. With margins generated by the sale of spirits, medium-sized groups can succeed. "Listed on Wall Street, the group founded in 1870, whose heirs hold 175 two-thirds of the voting rights, is somehow anti -Pernod Ricard. The French, whose objective is to steal the place of Diageo spirits market, multiplies decade mega-acquisitions: Seagram, Allied Domecq, Absolut. He expects to have reduced its debt to pursue the quest for external growth.

A group without debts

The U.S., he does not caress such dreams of grandeur, seeming satisfied with his seventh place in the world rankings, just ahead of the Italian Campari. Its leaders and family shareholders are vigilant, however. They not only take care not to fall prey, but they remain on the lookout for acquisition opportunities all medium.

This is the group's strategy since Prohibition. From 1920 to 1933, Brown-Forman was one of four U.S. companies authorized to produce alcohol for medical use. He took the opportunity to redeem distilleries … Virtually no debt, it now has a debt capacity estimated at 4 billion. "We will add more vodka brands to expand our portfolio, especially in entry and mid-range," said Paul Varga. The skipper, who wishes to expand in Central and Eastern Europe in this segment precludes a "no comment" to questions about his possible interest in Sobieski vodka for sale by the Franco-Polish Belvedere ( Marie Brizard, William Peel cash advance loan…).

France, emerging country

Brown-Forman, confident in the potential of the worldwide whiskey category, is also interested in acquisitions of brands of scotch whiskey and irish, based on barley, while Kentucky bourbons and Tennessee whiskeys are composed of 51% corn.

He finally target acquisitions enabling it to accelerate the internationalization of its flagship brand Jack Daniel's. Redemptions of Finlandia (2000) and El Jimador (2007) enabled him to acquire distributors in Central and South America. The group now has distribution subsidiaries in ten countries. What less dependent on its partnerships with competitors where it does not have the critical size. In most cases, as in France, he confided to the marketing of its Bacardi bottles. Then he realized in 2001 over three quarters of its sales in the U.S., this market last year represented only 45% of its turnover.

Outside the U.S., Brown-Forman does not fight on the same land as Diageo and Pernod Ricard. "Our emerging markets are different from those of our European competitors, says Mark McCallum, commercial director of the group. We continue to build on the country they regard as mature, with the aim to gain market share in France, Germany, Russia and Ukraine. "However, China and Brazil, the group sets objectives in the medium and long term. "To impose on the Chinese market today is expensive. And the risk of counterfeiting is high. As Diageo and Pernod Ricard are not fighting, we prefer to go elsewhere, "said Paul Varga, who nevertheless seeks to buy a brand of Baiju, the more alcohol sold in the country

.

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The roses will bloom again next year in the nursery Delbard. But the vast area of ​​600 acres in Malice (Allier) will have changed hands once again. The history of the empire built by George Delbard in the 1930s, long and consists of garden land production, has not been smooth sailing.

Outlets have been closed or sold, and the Commercial Court of Montluçon decide Monday the fate of the production unit Delbard nurseries of roses and fruit trees. Two bids were reviewed for the company Friday, went into receivership 18 November 2011 and followed since by the administrator Gregory Wautot. One meets Henry and Arnaud Delbard, son and grand-son of the founder, who plan to invest 650,000 euros and keep 54 of 122 employees.

The competing offer comes from Muriel Devoucoux, founder of the company Nurseries Tronçais, associated with the Targa Capital funds. It plans to invest an equivalent amount and retain 51 jobs. "This is more likely. It offers the most sustainable for Delbard, which enjoys a solid reputation, but whose production systems and marketing must be reviewed by a specialist in horticulture, "says a close case.

This experience is most needed to the current owners, the family Torck, which took the entire capital in 2005 from the hands of fund IDI and Henri Delbard. The latter was for seven years in charge of horticulture at LVMH, owner of Delbard, to try to translate his techniques of roses to the vineyards of Moët-Hennessy. The failure was at the height of the ambition of Torck, founder of the brand family clothing Camaïeu. Jean-Pierre Torck was the top spot with its sign of Delbard garden, where roses were marketed its own. He appointed a former Leroy Merlin CEO, responsible for modernizing and growing network of stores very disparate. Within two years, the number of garden centers to the iconic red-and yellow rose has doubled. Delbard has owned up to 35 and counted up to 1,000 employees.

Strategy too expensive

This strategy proved too costly. The Torck invested 80 million euros. In addition, "other garden centers, nursery clients Delbard sanctioned policy Torck, which came to compete directly," says one expert. The nursery has seen sales decline, from 8.7 million in 2008 to 7.4 million euros in 2011.

In 2010, the family Torck has agreed to sell 20% stake in the nursery, deficit, Nalod's group, which operates garden centers around Saint-Etienne. Especially, the latter took over the distribution brand, 14 garden centers and the website Delbard. Today's has 17 stores Nalod Delbard own, in 40 free.

Since last summer, the Torck no longer have any stores. The most emblematic, Tannery Wharf in Paris, was converted into store decoration. Despite this withdrawal, the Torck could not keep Delbard roses in their garden.

The State is not the only one to benefit from the largesse of the SNCF. Society of French railroad will indeed pay its railroad a "wage dividend" of up to 400 euros gross to net income for the year 2011, according to the CFDT. This premium, which amount is adjusted according to the time spent in the company in 2011, will be paid on the payroll of March. "The management announced this evening (Thursday) that it would pay to the CFDT from the results of 2011, a dividend of 400 euros gross wage for employees of the company," said the union. An amount that could be much greater than that paid last year because the railroad had received 76 euros. Thus, if the CFDT "welcomes" the payment of a dividend to employees, it "regrets the randomness of its payment" because the amount differs from year to year.

In fact, the group's results do not explain this surge fast cash. Group profit accuses indeed a decrease of 82% to 125 million in fiscal year 2011. A cons-performance however be explained by asset write-downs of 840 million euros, 700 million under its TGV. Last year, operating margin, favored by management indicator, soared 41.2%, to 3.02 billion euros. As for sales, it rose 7.2% to 32.6 billion euros.

But despite mixed annual results, the company unveiled at the end of 2011 the payment of a dividend "record" in the state, said the CFDT. The draft budget 2012 Railway Group provides for a payment of 230 million euros. An amount that should be reinvested in the renovation of the rail network, the government promises.

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Faced with a collapse of its real estate market, Shanghai intends to relax its measures restricting purchases. According to the Shanghai Security News, the city will soon authorize the purchase of a second residence for people who had lived there at least three years. An acquisition until formally excluded for "non-local" to curb speculation and soaring prices. "This should push up sales of real estate 20% to 30% in Shanghai, said Jack Gong, an analyst at Jefferies Group Inc.. Hong Kong, but that does not mean that the central government also intends to implement such measures to relax. "

Striving to deflate the housing bubble, a source of social unrest and destabilization of the economy, Beijing has implemented since 2010 on measures to limit credit and the number of apartments that individuals can buy.

Pillar of growth

But today, the Chinese real estate sector was found particularly affected by a drop in demand as prices began to decline, causing a wait of many potential buyers.

A statement from the National Statistics Office, the property prices in January continued their downward trend in most Chinese cities. Of 70 cities covered by a monthly survey, 48 have seen the price of flats down by the previous month, while it remained stable in 22 others, no increase was noted.

The Chinese government does not seem to want as many concessions. "In the name of fairness and stability, restrictive measures can not be released," said Premier Wen Jiabao in mid-February, ending, after three days, the measures of the city Wuhu in eastern countries, which were to subsidize the purchase of apartments to stimulate activity in the sector.

Always fight against speculation, the Chinese government announced in late January to create a file owners covering 40 cities. This is to prevent wealthy Chinese to circumvent the prohibitions imposed by municipalities to purchase several apartments, increasing acquisitions in different cities.

But the Chinese government also needs to avoid a contraction in the construction sector, a mainstay of the Chinese economy, while it is slowing its growth.

China's central bank announced it would reduce the reserve requirement ratio for banks to release more of their maneuvers to lend, especially first-time buyers who struggle to find housing.

]]> http://oursaviorsalbany.org/shanghai-will-free-property-sales/feed/ 0 http://oursaviorsalbany.org/germany-senior-citizens-a-key-factor-for-growth/ http://oursaviorsalbany.org/germany-senior-citizens-a-key-factor-for-growth/#comments Fri, 17 Feb 2012 06:20:11 +0000 admin http://oursaviorsalbany.org/germany-senior-citizens-a-key-factor-for-growth/  

Faced with an aging population, Germany is mobilizing its seniors. The shortage of labor grows more and more companies to recruit employees in the age group of 50-65 years. According to recent statistics, 7.7 million of them are in jobs covered by social benefits. Seniors are 452,000 more to work than a year ago, while the number of retired decreases proportionally, according to the Federal Employment Agency.

Germany, most countries aging of Europe, has over 20 million pensioners. Newspapers and specialized sites have a section dedicated to seniors. It offers more courses "convert after 50 years" or "mini-jobs": babysitting, babysitting, secretarial services, pet sitting

.

Applications for employment offered to retirees target various sectors. Thus, the industrial bakery K + U offers training in two years, to turn in senior commercial. This original idea has emerged out of necessity. "This is our response to the shortage of labor, says Corinna-Krefft Ebner, head of vocational training in K + U. We have more and more difficult to hire over. We would have 150 apprentices per year. We find 100 painfully. "

OECD calls on countries to respond

The problem is particularly acute in small family businesses that do not have, in addition, the attractiveness of German industrial groups to attract the most motivated graduates. In its report on Germany, published Tuesday, the OECD calls the country to respond "to strengthen growth potential, particularly given the rapidly aging population." The OECD estimates that this has already cost 0.2 percentage point growth in Germany in 2011 and that the figure will rise to 0.9 points in 2025.

Large family SMEs have taken the lead. Two-thirds of them, the 55-65 years represent more than 5% of payroll. For 15% of these companies, this age represents 20% of the workforce. "But it would have to work longer worth the time. Pension contributions should be totally eliminated for those over the age limit for retirement, "says Lutz Goebel, president of the federation of family businesses. Under a law passed in 2007, the retirement age will rise gradually to 67 years by 2031. Currently, the vast majority of assets not working up to 65 years required: this is 63 ½ years on average than the Germans drop out. It is possible to retire from age 63, after having contributed for 35 years at a discount price.

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Investors focused on news from Europe. After the announcement, positively received, a new agreement between central banks to provide dollar liquidity to European banks and Japanese eyes were riveted to Poland which is a meeting of EU finance ministers.The latter have formally agreed on the principle of strengthening fiscal discipline by imposing financial penalties on countries too lax, paving the way for formal adoption of this reform.

In contrast, the euro area and again stumbles on the guarantees requested by Finland in exchange for new loans in Athens, an issue that poisons relations within the euro area.Concerning the payment of a further tranche of loans that the country urgently needs, the euro area has decided to postpone any decision until October.

Invited exceptionally, U.S. Treasury Secretary Timothy Geithner has also expressed concern about the divisions between governments and the European Central Bank (ECB).

U.S. consumer confidence rises

In this context, the "four witches" today is to say the expiration of four types of futures contracts on indices and stocks, have increased volatility.

Good news, however, helped keep the exchanges in positive territory: U.S. consumer confidence rises, according to the index of consumer confidence in September, published by the University of Michigan.The index, which fell in August to its lowest level since November 2008, increased 2.1 points to 57.8, according to a still provisional estimate for September. Analysts were waiting a little lower, at 56.3.

Oil has closed lower Friday in New York, suffering from profit taking less reassured investors that the day before on the likelihood of a quick resolution of the debt crisis in Europe.A barrel of "light sweet crude" for October delivery ended down $ 1.44 on the New York Mercantile Exchange, to 87.96 dollars a barrel.

RIM collapses

On the corporate side, Research in Motion (- 18.99% to 23.93 dollars), the maker of BlackBerry smartphones, collapsed after publishing quarterly results fell sharply, well below analysts' forecasts.

The rating agency Moody's said Thursday it placed under surveillance notes of the bank UBS (+ 4.16% to 11.89 dollars) with for a potential degradation due to "weaknesses in the management of risk group. "

At the heart of the news, Google (+ 0.76% to 546.68 dollars) has purchased additional patents in 1023 the computer company IBM (1.55% to 172.72 dollars) to strengthen its portfolio and attempt to discourage trial for violation of intellectual property.Google expects the other hand that the number of Internet users in India to be tripled in three years through improved access to wireless internet and at prices more affordable smartphone, reported on Friday Wall Street Journal.

Boeing (1.49% to 65.28 dollars) could finally respond to the order by Air France-KLM of 110 long-haul aircraft, including 50 firm orders, builders Boeing and European Airbus to ensure the renewal of its fleet.