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	<title>All World &#187; small</title>
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		<title>Oil spills: the oil sector arming</title>
		<link>http://oursaviorsalbany.org/oil-spills-the-oil-sector-arming/</link>
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		<pubDate>Thu, 22 Jul 2010 15:04:10 +0000</pubDate>
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		<description><![CDATA[ Exxon Mobil, Shell, Chevron and ConocoPhillips have announced the establishment of an emergency fund of one billion dollars for the construction of a rapid response system in case of oil pollution in the Gulf of Mexico. Each group will invest up to 25% in the fund, which does not BP. According to their press [...]]]></description>
			<content:encoded><![CDATA[<p> Exxon Mobil, Shell, Chevron and ConocoPhillips have announced the establishment of an emergency fund of one billion dollars for the construction of a rapid response system in case of oil pollution in the Gulf of Mexico. Each group will invest up to 25% in the fund, which does not BP. According to their press release, the combined oil and want to be able to intervene by 3000 meters deep, containing leaks up to 100,000 barrels per day. </p>
<p> In Washington, the House of Representatives passed two bills. One aimed at improving safety on oil drilling sites and the other on prevention technologies and management of oil spills. </p>
<p> BP, which aims to give ten billion dollars of assets to fund the cost of the flight on its platform in the Gulf of Mexico, awakens the interest of India <a href="http://payday-badcredit.com">bad credit payday loans</a><!-- . -->.Indian Minister of Petroleum, Murli Deora, said studying the possibility of taking stakes in a gas field of British oil in Vietnam. But for now, BP is focusing on meteorological considerations, a depression in the Caribbean, threatening to become a hurricane in the Gulf of Mexico by 48 hours. BP therefore plans to suspend his final attempt containment of the leaking oil. The sealing work, in progress, would be deferred for two weeks already after three months of unsuccessful attempts. </p>
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		<title>The World: key week for the recapitalization</title>
		<link>http://oursaviorsalbany.org/the-world-key-week-for-the-recapitalization/</link>
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		<pubDate>Mon, 21 Jun 2010 19:32:12 +0000</pubDate>
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		<description><![CDATA[ A new twist to a week of the due date of the recapitalization of the World. Faced with the trio led by the investment banker, Matthew Pigasse with Pierre Bergé and Xavier Niel, a second trio was organized on Sunday afternoon, around the group BY SFA (holding the New Observer, owned by Claude Perdriel) [...]]]></description>
			<content:encoded><![CDATA[<p> A new twist to a week of the due date of the recapitalization of the World. Faced with the trio led by the investment banker, Matthew Pigasse with Pierre Bergé and Xavier Niel, a second trio was organized on Sunday afternoon, around the group BY SFA (holding the New Observer, owned by Claude Perdriel) of Spanish media group Prisa (El Pais) and France Telecom operator. In an interview with Journal du Dimanche (JDD) Sunday, the CEO of France Telecom, Stéphane Richard, proves to have &quot;thrown, with Claude Perdriel and Prisa, the basis of an agreement.&quot; </p>
<p> 15.01% shareholder of Le Monde group, Prisa was reticent after the refusal of the Executive to grant an extension until September to participate in the recapitalization of its ailing partner.The panel chaired by Juan Luis Cebrian put forward its own recapitalization involved with the U.S. Fund Liberty to justify such a postponement of the calendar. Last week, he emphasized its commitment to, inter alia, not to see its share diluted after World recapitalized. </p>
<p> Negotiations on all fronts </p>
<p> The new trio should table this afternoon deadline, a firm offer to provide a contribution of 80 to 120 million euros, against 67% stake in Le Monde group, the balance remaining in the hands of associations of employees, alumni and readers. If the trio is selected, two thirds of the capital would be divided between France Telecom (20%), ACS PAR (40%) and Prisa (40%). Claude Perdriel assumed the presidency of the Executive, Denis Olivennes merely a seat on the supervisory board of the World, which would be chaired by Louis Schweitzer. It remains to see who would hold operational control.The question does not seem to cut Sunday night &quot;even though we reassured on good authority, we are heading towards a cocontrôle between groups Prisa and Le Nouvel Observateur <a href="http://payday-loans-nofax.com">No faxing 1 hour payday loans</a><!-- . -->. </p>
<p> For its part, the boss of France Telecom has consistently received on Sunday evening, the approval of its board of directors to invest the &quot;50 to 60 million euros&quot; in Le Monde. This amount is primarily intended to buy &quot;the participation of 34% of Lagardère in Le Monde Interactive (lemonde.fr &#8230;), estimated at between 30 and 40 million euros (the remainder, nearly 20 million euros, being invested in the holding head). </p>
<p> France Telecom is already in discussion with the group Lagardere, which would yield the same time its trademark rights The World.With this operation, the operator expects to realize significant synergies in terms of content and advertising revenue between its sites, those of the World and the Nouvel Observateur. On an investment after all, pleaded Sunday Stéphane Richard, in comparison with the &quot;6 billion that the group invests every year.&quot; Especially since Claude Perdriel was anxious to negotiate an option to buy within five years 34% of France Telecom in Le Monde Interactive. </p>
<p> For its part, the trio Pigasse-Bergé-Niel Sunday still pursuing its discussions with various companies in the group&#39;s employees to enter into a governance agreement. This would include maintaining their right of veto over the appointment of a newspaper editor, a right to consultation regarding the group&#39;s director, and a right to scrutinize the use of the mark World. This agreement should be attached to the tenders submitted this afternoon.The employees will vote Friday before a supervisory board next Monday. </p>
<p> READ ALSO: </p>
<p> &quot;Perdriel enrolled in its bid for Orange World </p>
<p> A conciliator bedside World </p>
<p> The World: Orange confirms Prisa plays shows </p>
<p> The World: Orange ready to inject 40 million euros </p>
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		<title>The James Bond Aston Martin auctioned</title>
		<link>http://oursaviorsalbany.org/the-james-bond-aston-martin-auctioned/</link>
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		<pubDate>Fri, 11 Jun 2010 17:44:19 +0000</pubDate>
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		<description><![CDATA[ The event is sure to attract fans. The Aston Martin led the most famous British spies in the movies &#34;Goldfinger&#34; in 1964 and &#34;Operation Thunder (Thunderball) 1965 will be offered at auction in London next October 27. The highlights of the annual event &#34;Automobiles of London&#34; jointly organized by RM Auctions Canadian houses Sotheby&#39;s [...]]]></description>
			<content:encoded><![CDATA[<p> The event is sure to attract fans. The Aston Martin led the most famous British spies in the movies &quot;Goldfinger&quot; in 1964 and &quot;Operation Thunder (Thunderball) 1965 will be offered at auction in London next October 27. The highlights of the annual event &quot;Automobiles of London&quot; jointly organized by RM Auctions Canadian houses Sotheby&#39;s and Britain, the DB5 driven by Sean Connery &#8211; James Bond aka 007 &#8211; is an over-equipped model. </p>
</p>
<p> It has indeed all the gadgets invented by &quot;Q&quot;, the famous scientist in charge of research and development office of MI6 in the series.The purchaser may then take the machine gun that shoots more bullets for security reasons, swivel plates, spreaders with nails, oil, smoke, a sunroof and other shield bulletproof &#8230; The car has undergone a thorough technical inspection after several years without moving, can reach speeds of 230 kilometers per hour thanks to its 282 horsepower. </p>
<p> $ 12,000 in 1965 </p>
<p> Praised by Aston Martin for the production company EON Productions during the filming, the shooting star was subsequently bought by American radio host Jerry Lee. He then paid $ 12,000 &#8211; about 9800 euros to acquire the DB5 and the famous plates &quot;FMP 7B&quot; internationally known.</p>
<p> The sum should be widely exceeded at auction in October, the proceeds will go to the charity of the current owner who works against insecurity and crime. RM Auctions think that auctions should exceed 3.5 million pounds (4.2 million euros). Christian Huet, an expert in car collection of the National Alliance of Automotive experts estimate the high court. Such sums are reached only by him on sales of car racing, and when museums are buyers. Recently a Bugatti Atlantic has been acquired for more than 20 million euros. </p>
<p> &quot;An Aston Martin DB5 is generally estimated at around 200,000 euros. This version accessorised could be at least double or even 450,000 to 500,000 euros, &quot;said the expert. A price he thinks warranted, and which the former James Bond car can be sold later.&quot;The fact it was sold in favor of an association could also drive up his price,&quot; admits also Christian Huet. </p></p>
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		<title>The Paris Bourse is expected to remain down</title>
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		<pubDate>Thu, 03 Jun 2010 03:36:17 +0000</pubDate>
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		<description><![CDATA[ New session of decline in perspective the Paris Stock Exchange on Wednesday. If investors follow the Parisian trend driven by Asia this morning, there is little chance to see the CAC 40 bounced in the opening. On Tuesday, the key index in Paris had a meeting very heckled, opening in early fall and then [...]]]></description>
			<content:encoded><![CDATA[<p> New session of decline in perspective the Paris Stock Exchange on Wednesday. If investors follow the Parisian trend driven by Asia this morning, there is little chance to see the CAC 40 bounced in the opening. On Tuesday, the key index in Paris had a meeting very heckled, opening in early fall and then increasing its losses during the session. The reopening of Wall Street after a holiday and good U.S. macroeconomic indicators have helped limit the damage: ACC ended the session on a drop of 0.13%. </p>
<p> But concerns over the resumption of economic growth have resurfaced after the announcement of bad statistics on inflation and real estate in China. A price increase in this sector is feared the creation of a bubble whose consequences could be worse than those of U.S. subprime, according to some economists.</p>
<p> Incidentally, the euro fell to its lowest level in four yesterday during the meeting. On Wednesday, investors will keep an eye on the promises of home sales in April and May auto sales in the United States. </p>
<p> The bank will try to resume </p>
<p> As for values, banking and insurance will be expected once the turn. Very disciplined yesterday, BNP Paribas, Credit Agricole, Societe Generale and Axa will attempt the ascent. In particular they should react to the press conference European Commission President Jose Manuel Barroso, Commissioner for Financial Services, Michel Barnier and economic affairs commissioner, Olli Rehn, the Financial Services <a href="http://pay-day-loan-s.com">No fax pay day loan</a><!-- . -->.The commissioners will present a Green Paper on economic reform of the EU favors a reorganization of the governance of financial institution. </p>
<p> Areva and Siemens would be in the sights of the European Commission according to the Figaro. An expedited procedure against the French and German can be launched for infringement of competition law. This decision falls within the framework of the divorce between the two groups. </p>
<p> This opens in Paris on Wednesday that the trial of Jean-Marie Messier, nearly eight years after his ouster from the chairmanship of Vivendi Universal (VU). The former boss will have to account for its management of media and communications group. </p>
<p> Bouygues has raised its revenue for 2010. Tuesday, the group released an operating profit of 162 million euros in first quarter 2010 and a net profit group share of 181 million euros.The group also indicated that the proposed tram-train the meeting had been finally buried. </p>
<p> EDF said Tuesday that its proposed acquisition of shares from several shareholders of the second Belgian electrician SPE-Luminus, which will own 63.5% of the capital after the transaction was negotiated on the basis of a price 215 million </p>
<p> L&#39;Oreal said it has acquired a new provider of hair salons in the United States for an unspecified amount. </p>
<p> PSA Peugeot Citroen holds its general meeting this Wednesday. Philippe Varin, chief of the manufacturer has to convince shareholders of its development strategy in Asia. </p>
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		<title>Asian stock markets euphoric</title>
		<link>http://oursaviorsalbany.org/asian-stock-markets-euphoric/</link>
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		<pubDate>Mon, 08 Mar 2010 06:22:59 +0000</pubDate>
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		<description><![CDATA[ The week starts well for the Asian market. On Monday, all financial markets appear to increase sustained. At the Tokyo Stock Exchange, the Nikkei opened up 1.53% and growth is accelerated in mid-session (1.80%) before finishing on a gain of 2.09% to 10,567.25 points. This is its highest level in six weeks. 
 The [...]]]></description>
			<content:encoded><![CDATA[<p> The week starts well for the Asian market. On Monday, all financial markets appear to increase sustained. At the Tokyo Stock Exchange, the Nikkei opened up 1.53% and growth is accelerated in mid-session (1.80%) before finishing on a gain of 2.09% to 10,567.25 points. This is its highest level in six weeks. </p>
<p> The morale of Japanese investors is supported by sound macroeconomic statistics, published Monday. Japan has indeed registered in January of a current account surplus of 899.8 billion yen (6.9 billion euros), after having suffered a record deficit de132, 7 billion yen last year, according to the Ministry of Finance . This figure is higher than the forecasts of economists who were expecting on average a surplus of 750 billion yen. </p>
<p> In addition, Asian markets continue to react positively to the figures of U.S. employment, less bad than expected on Friday.The United States lost 36,000 jobs in February. The consensus of analysts foresaw from 50,000 to 67,000 job cuts. The unemployment rate remained steady at 9.7%, consistent with him, anticipated <a href="http://payday-4all.com">savings account payday advance</a> <!-- . --> . The announcement Friday, coupled with an increase in consumer credit (4.96 billion dollars in January, the first increase in a year), led by Wall Street and European financial centers, close to the green. </p>
<p> Exchanges in the region follow suit </p>
<p> In the wake of Tokyo, the benchmark Hang Seng Stock Exchange of Hong Kong climbed 1.92% to 21,186.09 points. The Shanghai Stock Exchange is 0.74% at 3053.60 points. </p>
<p> The other exchanges in the region follow. Korea&#39;s KOSDAQ is up 0.73% to 1267.63 points. The Bombay Stock Exchange posted an increase of 0.92% to 17,150.53 points.The S &amp; P 200 Australian climbing 0.85% to 4807.90 points. </p>
<p> The increased gross </p>
<p> As for commodities, crude prices were trending upward in Asia on Monday. The barrel of light sweet crude for April delivery gained 47 cents to 81.97 dollars, reaching the highest at 82.04 dollars before retreating. </p>
<p> The barrel of Brent North Sea at the same maturity, took 47 cents to 80.36 dollars. </p>
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		<title>PSA Peugeot Citro?n: losses tripled in 2009</title>
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		<pubDate>Thu, 11 Feb 2010 16:16:27 +0000</pubDate>
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		<description><![CDATA[ French carmaker PSA Peugeot Citroen announced Wednesday a net loss of 1.161 billion euros in fiscal 2009, more than three times more than the 363 million euro loss a year ago. The turnover amounted to decline from 10.9% to 48.417 billion euros. 
 The year 2009 is characterized by an evolution &#34;very mixed,&#34; the [...]]]></description>
			<content:encoded><![CDATA[<p> French carmaker PSA Peugeot Citroen announced Wednesday a net loss of 1.161 billion euros in fiscal 2009, more than three times more than the 363 million euro loss a year ago. The turnover amounted to decline from 10.9% to 48.417 billion euros. </p>
<p> The year 2009 is characterized by an evolution &quot;very mixed,&quot; the group said. In the second half, the recovery observed in the market, supported mainly by premiums scrapped in several countries, led by PSA Peugeot Citro?n to increase market share &#8211; 5.1% &#8211; and find a net operating profit positive 137 million euros over the last six months of the year after losing in the first half.Finally, the past year, it is negative ground, 689 million euros. </p>
<p> Based on this trend, and to a further increase its market share in 2010, PSA Peugeot Citroen said it planned a current operating profit in the first half of 2010. </p>
<p> However, this year, &quot;Market conditions continue to be difficult,&quot; said Chief Executive Philippe Varin, who expects the withdrawal of European car market of around 9%. In the radar screens, the Automotive Performance Plan &quot;to support sales, reduce costs and better use of production capacity,&quot; the official said.The launch of new models is also subject to high expectations. </p>
<p> The manufacturer&#39;s financial results for 2009 reflect the impact of the economic crisis: global sales were folded by 2.2% to 3.188 million units in a market decline of 3.1%. However, the debt has been reduced from 913 million euros, now lying under 2 billion euros to 1.993 billion euros. Shareholders&#39; equity amounted to 12.4 billion euros at December 31, 2009, for a debt ratio of 16%. </p>
<p> ALSO READ: </p>
<p> &quot;France: registrations up 14% in January </p>
<p> &quot;Decline in sales worldwide in 2009 PSA </p>
<p> &quot;Renault sees its market share rose slightly in 2009 </p>
<p> &quot;2010, an automobile under the influence </p>
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		<title>China centralizes its energy policy</title>
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		<pubDate>Wed, 27 Jan 2010 17:57:14 +0000</pubDate>
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		<description><![CDATA[ China takes the issue of energy efficiency head on. The central government announced Wednesday the creation of a National Commission of Energy. Its mission: &#34;to strengthen the strategic and policy coordination in the energy field. 
 This Commission will be chaired by Premier Wen Jiabao and co-chaired by Vice-Premier Li Kegiang. Among the 21 [...]]]></description>
			<content:encoded><![CDATA[<p> China takes the issue of energy efficiency head on. The central government announced Wednesday the creation of a National Commission of Energy. Its mission: &quot;to strengthen the strategic and policy coordination in the energy field. </p>
<p> This Commission will be chaired by Premier Wen Jiabao and co-chaired by Vice-Premier Li Kegiang. Among the 21 members it will have included several ministers.She will be responsible for developing &quot;a national strategy on energy, key issues relating to security and energy development&quot; for the overall coordination in domestic and international cooperation in this field, explains the central government, in his statement. </p>
<p> A voracious appetite for energy </p>
<p> During a visit to the headquarters of the National Commission of Electricity Regulation in Beijing, January 14, the vice-premier Li Kegiang stressed the need to intensify efforts to ensure security of supply China&#39;s energy. The country has experienced sharp drops in temperatures and heavy snowfall this winter, which boosted energy demand and tight supply, said Li Kegiang. </p>
<p> After the winter, the supply remains a critical issue for China.Driven by economic and population growth over the past thirty years, Chinese energy consumption has exploded. China has become the second largest energy consumer in the world behind the United States <a href="http://payday-loans-cheap.com">pay day loans</a> <!-- . --> . </p>
<p> The critical issue of supply </p>
<p> Its energy dependence is increasing accordingly. Thus, the country has been dependent to 52% of its crude oil imports in 2009, against 47% in 2006, says AFP. According to Wang Xudong, president of the National Commission of Electricity Regulation, Chinese consumption of electricity could rise by 7% this year if the country maintains its economic growth rate of 8%. Consumption had increased by 6.44% in 2009 compared to 2008, according to figures from the Chinese Ministry of Commerce.Coal, however, still represents 70% of the energy consumption of China. </p>
<p> Focus on efficiency of energy policy </p>
<p> For Beijing, centralization is the answer to this challenge of supply. &quot;Energy policy is now conducted by various ministries and local authorities,&quot; said Xu Bei, economist at Natixis. &quot;The creation of this new body will respond to an emergency security of energy supply.&quot; The main domestic priority. </p>
<p> Ultimately, the Commission could also help Beijing to seal agreements on international cooperation, said He Jun, of Anbound Consulting. Provided that his role is really detached from that of many other government agencies that account China. </p>
<p> ALSO READ </p>
<p> &quot;China is world&#39;s third largest wind energy in 2009 </p>
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		<title>Accor: the devaluation of the bolivar will have limited impact</title>
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		<pubDate>Mon, 11 Jan 2010 20:50:13 +0000</pubDate>
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		<description><![CDATA[ &#34;Venezuela: a devaluation at high risk 
 The devaluation of the Venezuelan currency, announced January 8, will have an impact of around 40 million euros on profit before tax and non recurring items of the group in 2009 and approximately 15 million euros on profit current net after-tax, said Accor in a statement. Despite [...]]]></description>
			<content:encoded><![CDATA[<p> &quot;Venezuela: a devaluation at high risk </p>
<p> The devaluation of the Venezuelan currency, announced January 8, will have an impact of around 40 million euros on profit before tax and non recurring items of the group in 2009 and approximately 15 million euros on profit current net after-tax, said Accor in a statement. Despite this impact, the Group maintains its objective of profit before tax and non recurring items of between 400 and 450 million euros for 2009. Accor is present mainly in Venezuela through its prepaid service activities (luncheon vouchers, preloaded maps, gift certificates). </p>
<p> Venezuela on Friday announced the devaluation of the bolivar. The currency, whose exchange rate was 2.15 to one U.S. dollar, now trades at 4.30 to the dollar.</p>
<p> Last October, the fourth global hotel group confirmed its financial targets in 2009 but expressed cautious for the year 2010. </p>
<p> Accor will publish its turnover in 2009 January 19 next. </p>
<p> The Accor share price closed Monday down 0.63% to 37.59 euros while the CAC 40 lost 0.05% to 4043.09 points. </p>
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		<title>The reform of the Post Office comes to the Senate</title>
		<link>http://oursaviorsalbany.org/the-reform-of-the-post-office-comes-to-the-senate/</link>
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		<pubDate>Mon, 02 Nov 2009 16:34:38 +0000</pubDate>
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		<description><![CDATA[ More than 600 amendments and three motions, including a referendum motion. The senators have bread on the plate. They review from today Bill Post in transforming a company limited by shares. This text France transposes the EU Directive provides that the full liberalization of the postal delivery will take effect in 2011. It confirms [...]]]></description>
			<content:encoded><![CDATA[<p> More than 600 amendments and three motions, including a referendum motion. The senators have bread on the plate. They review from today Bill Post in transforming a company limited by shares. This text France transposes the EU Directive provides that the full liberalization of the postal delivery will take effect in 2011. It confirms its public service missions to the company and the existence of the 17 000 points of contact in France. </p>
<p> The Senate debate will last all week to get it over early Friday, by Sunday. &quot;On a subject that is as much controversy, 600 amendments, it is not surprising, says Peter Hedgehog UMP Senator and rapporteur of the text. The Communists have tabled amendments to delete section by section. &quot;According to Article 1 which transforms the status of La Poste, will pass unchanged.&quot;Already adopted by the Committee, it will not be discussed again by the majority.&quot; </p>
<p> A week of local actions </p>
<p> Yet the point that crystallizes the most virulent opposition. Its opponents see it as the first step towards privatization of the company. Beginning with the National Committee against the privatization of La Poste. Bringing together some sixty associations, unions and leftist parties, it requires the abandonment of the bill and a referendum on the issue after &quot;voting citizen&quot; in early October when 2.3 million people participated. The committee called Friday for a week of local actions throughout France, until November 7.To mark the occasion, he invited senators and personalities of the show today to share a picnic and a &quot;happy hour&quot; with militants in the Luxembourg Gardens in Paris. </p>
<p> It asserts, finally, having printed more than 5 million postcards to be sent to the president calling for a referendum on the future of La Poste. </p>
<p> &quot;Touching the status of La Poste will inevitably have an impact on the future of postal workers and the French territory, in particular his campaigns, said Martial Bourquin, Senator PS Doubs. The Socialist Party is against this change. As SNCF, La Poste can remain a public industrial and commercial, while facing competition. I filed 41 amendments and the Socialist Party over 400 in total. &quot; </p>
<p> The government has filed such an amendment changing the financing of the mission planning of La Poste.In committee, Senator Pierre Hedgehog had pushed through, against the advice of the government, an amendment of 80% to 100% tax exemption for The Post on the business tax to fund its network. A new amendment will be presented by the government. &quot;The 100% is deleted, to avoid legal action from Brussels, says Pierre Hedgehog. The amount of the reduction will be assessed each year and included in the budget bill. &quot; </p>
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