In the oil industry, Trouvay & Cauvin is what we call an assembler, which delivers the engineering as the French Technip and its foreign competitors parts-pipes and valves, for their major projects free 3-in-1 credit report.

Next quarter, announces Laurent Marie, CEO and principal shareholder of the SME, "we will open a storage site can accommodate 10,000 tons of equipment, and eventually 100,000 tons" for BP, Shell, Exxon Mobil or LUKoil still.

For now, the 60,000 square meters of land in Basra, Iraq's major port on the Persian Gulf, are under-mining. Port infrastructure are still dilapidated, one must import, describes Marie Laurent.

As on Wall Street and Asian stock markets, doubt seized investors, who are now considering the worst: a contagion of debt in the eurozone. With the center of these concerns, the situation in Italy, including the implementation of austerity measures remains uncertain. The announcement yesterday of the upcoming departure of Italian Prime Minister Silvio Berlusconi has in fact added to the uncertainty, as evidenced by soaring rates of the Italian Treasury ten years by 0.5 percentage points to 7.20%.

Unison concerns of investors, Brussels found the Italian debt situation "very worrying".Ditto for the International Monetary Fund: its director Christine Lagarde said today that "lack of political clarity" in Italy supplied the uncertainties, according to Reuters. Similarly, managers of U.S. Pimco, the largest bond manager in the world, estimated that "6% and 7% interest rate, the country will fail to stabilize its debt, which will become uncontrollable ".

To this distrust Rome, plus doubts about the ability to bounce back from Greece after the Greek Prime Minister George Papandreou announced his resignation Wednesday. It did not cite the name of his successor, who will not be released until Thursday.

Consequence of this climate morose, oil prices were down Thursday, though the announcement on the eve of an unexpected fall in U.S. oil stocks managed to halt the downward trend.

Android benefits from the significant increase in the number of users, which has increased significantly over the observation period, while the followers of the Apple brand awaiting the launch of the iPhone 4GS in early October. A study by ABI Research, there are now 2.4 Android users for a user to iOS in the world no fax pay day loan. It will be three to one in 2016. However, the number of applications downloaded per capita is higher among Apple fans, who download almost twice as those of Google.

Booming, the market for applications whets the appetite.Analysts forecast 29 billion downloads this year, against only 9 billion last year. Growth related to the use of smartphones, which grow exponentially. Holders of such smartphones are expected to grow 46% in 2011.

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The Petit Casino will have a separate entrance and will be approximately 200 square meters. Their selection will be tailored to local customers, "he will propose a point of warm bread if the village does not have a bakery, and salads to eat on the run over pedestrians in places," said Jean-Pierre Lanzetti, who heads the branch close to Casino.

The distributor further strengthens its leadership in the food trade of proximity.A total of 6700 stores Petit Casino, Casino shopping, shop Casino, Spar and Vival exist in France.

Post this partnership ensures that help to lower its real estate costs and that can "boost territories and improve service provision and attractiveness of city centers."

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The unions believe that their company "wants to charge PNC" his "poor economic performance." They denounce downsizing that "degrade their working conditions." The strike affects all flights from Orly, Roissy and Marseille.

This was already burning the cloth between the management of Air France and its flight attendants. Seven unions had filed a notice of four days in late July, one of the busiest of the year. Finally, the threat was not carried out.

The hostesses and stewards who work on short flights and medium-haul are directly affected by the restructuring plans announced by Air France to regain ground in a market dominated by low-cost airlines payday advance lender. Air France seeks to improve its productivity by organizing more such flights by plane and rotation by offering volunteers a more intense pace of work. This time, a new rating system hostesses and stewards with their heads cabins, instead of "inspectors controllers" would have set fire to the powder.

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The signal came from Paris, where the government is out of the woods on the delicate issue of recapitalizing banks with public funds. "We have no doubt about the strength of French banks but there is turbulence in financial markets that cause the increase of capital of European banks has become a necessity," conceded Valérie Pécresse, Minister for the Budget and is speaking for the government.

If Bercy always prefers a recapitalization by the "private capital", the Minister acknowledged that France was willing to inject itself of public money to support its banks.But only "if necessary, ultimately," insists on all sides. Still, Paris is on the side of Germany, who suspected her of wanting rather to apply the European Stability Fund (EFSF), to avoid jeopardizing its AAA. Now for Berlin, there is no question that States have the means to put themselves out to the pocket have had recourse to the help system mutusalisée what the Fund. "The EFSF can lend to some countries who need loans to recapitalize their banking system, France will not appeal there," committed Valérie Pécresse. If banks do not hammer need to be recapitalized, the French government, however, stand ready, in case …

Paris is therefore close to Berlin. And position strangely similar to that outlined Wednesday by José Manuel Barroso.Calling for a "fully coordinated approach," the President of the European Commission has called on banks to beef up their capital "temporarily" but "emergency". Private funds, public money or relief of EFSF, that each country is doing: Europe is the strength of its banking system can no longer be doubted.

30% to 60% discount

For this, the European banking supervisor is the maneuver. According to the Financial Times, the European Banking Authority will impose a hard capital ratio of 9%, a considerable jump from 5% who had served as a reference during stress tests in July. All, by mid-2012. But the effort goes further. The supervisor collects the latest encryption on sovereign debt portfolios of the banks to deduct equity securities on these discounts applied by the markets.

If the bank building is now consensus among European politicians is that a taboo is jumping, that of non-payment of Greece. Of course, nothing is official act. But when Barroso calls for "decisive action on Greece" to qd'assurer the viability of the Greek economy is emerging between the lines a massive debt waiver. Greek Prime Minister George Papandreou does not hide the power struggle in which he was hired: "We negotiate every day to reduce this debt." Of "responsible for the euro area" quoted by Reuters are considering the possibility of a cross on 30% to 50% of Greek debt.The President of the Eurogroup, Jean-Claude Juncker, has even mentioned a discount of more than 60% earlier in the week before his entourage back-pedal.

For now, banks consider in their accounts that they must give up 21% of their claims of Athens, in accordance with the agreement of July 21. It is to be able to take the shock of restructuring more violent they are asked to display ratios above reproach.

In detail, the organizers of the event have so far received confirmation of the participation of twelve sailors, including Jean-Pierre Dick (Virbac-Paprec), Vincent Riou (PRB), Kito de Pavant (Bel) or Armel Le Cléach yet '(Banque Populaire).However skippers also titled (thirteen in all) that Jeremiah Beyou (last winner of the Solitaire du Figaro), Yann Elies, Jean Le Cam, Raphael Dinelli (four Vendée Globe on the clock) or the revelation of the last Vendée, the British Sam Davies, is currently docked for lack of partners.

"You can imagine without the Vendée Globe sailors who all have unique or promising career," says Denid Horeau, Race Director. Given the urgency of the situation the organizers (SAEM Vendée) and its partners (the food company Sodebo, the General Council of Vendée and the town of Les Sables d'Olonne) organized a demonstration on Thursday that aimed to évémentielles agency relationship, prospects and sports."We hope that this current waiting list quickly becomes a list of registered voters," insists Jean-Pierre Champion, President of the FFV (French Sailing Federation).

No need to budget staggering

Although it is difficult now to convince the business community to mobilize in the sports sponsorship budgets in times of economic crisis and financial uncertainty, the race around the world (known as the Everest of the Seas) intends to assert its assets.

They are obviously many: 1.7 million viewers for the start in Les Sables, or the arrival in the village, some 466 hours of television (which highlight the boats and the names of their sponsors), near 59 million Internet users after the race …."Since our commitment to sailing in 1998, media coverage amounted to more than 82 million euros," says Pascal Cadorel, communications director of the family group Sodebo, which also sponsors Thomas Coville. As for his reputation, it was multiplied by 18 over the same period. Return on investment, media coverage, mobilizing tool in-house employees: Vendée Globe partners have increased their arguments persuasive and have wanted to attract new investors.

"No need to get on the Vendée Globe with staggering budgets. Even small projects can impact winning, "repeated Christopher Chabot, CEO of Akena Verandas, which posted 25 million euros in sales when it is committed to sailing in 2004.Today Arnaud Boissières sponsor, the group is No. 1 manufacturer of conservatories from individuals and has 700 employees. "This is the works council who insisted that we continue the adventure in sailing," said he. That's why he campaigned for SMEs to join the adventure and trying experience of sailing sponsorship.

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Nearly $ 200 billion of securities

The FHFA criticizes all of these institutions have sold financial products backed by mortgages on the two parastatals of mortgages Fannie Mae and Freddie Mac, between 2005 and 2008. At the time, the banks had facilitated access to loans of U.S. households to recruit new customers and sell homes often too expensive betting on rising prices.The system had finally collapsed during the summer of 2008, taking with it Fanny Mae and Freddie Mac.

The FHFA estimate that the seventeen banks have concealed certain characteristics of the securities they sold, including lying about reality checks on the creditworthiness of borrowers households. "The complaints allege violations of federal law governing financial assets and rights (common law) in the sale of securities backed by residential mortgages designed by these institutions," said the FHFA.

All the losses by the two organizations, which then 40% of the outstanding loans granted to the United States is estimated at 30 billion.Placed under public guardianship, Fannie Mae and Freddie Mac have so far cost $ 170 billion to American taxpayers.

The FHFA was assessed for each of the banks in the dollar amount of securities sold to two giants of credit (see box). In total, nearly $ 200 billion of securities that were sold. Most involved, the JPMorgan U.S. (United States) would have sold itself for more than $ 33 billion of securities. Societe Generale for its part would have yielded $ 1.3 billion.

"Fannie and Freddie knew"

The complaint of the Federal Agency is expected to lead to negotiations and a financial agreement to avoid a trial. In all cases, the procedure could be very expensive institutions in question, particularly in the largest U.S. bank by assets, Bank of America.The group should in fact not only defend his own actions, not the worst according to the FHFA, but also the mortgage lender Countrywide and investment bank Merrill Lynch, bought in 2008 payday advance. Last June, the U.S. bank said it had agreed to pay $ 8.5 billion to end the prosecution of several investors and intended to spend an additional provision of $ 5.5 billion to clear the situation with Freddie Mac and Fannie Mae. The Wall Street Journal fell when it was the agreement to compensate the largest ever signed. The group also announced on the night of Friday to Saturday it plans to reduce its workforce by 10%, equivalent to the elimination of 30,000 positions.

The defensive line of Bank of America today is that Fannie and Freddie knew very well what they were doing."They said they understand the risks" and "now seek to hold other market operators to be responsible for their losses," the group said in a statement.

Regarding the French bank Societe Generale, no figures were given, but the injury is considered "important" by the Federal Housing Finance.

Amount of securities sold by banks

1. JPMorgan (USA): more than $ 33 billion

2. Royal Bank of Scotland (UK): more than 30.4 billion

3. Countrywide (United States, Bank of America): about 26.6 billion

4. Merrill Lynch (United States, Bank of America): more than 24.9 billion

5. Deutsche Bank (Germany): more than 14.2 billion

6. Credit Suisse (Switzerland): over 14.1 billion

7. Goldman Sachs (USA): more than 11.1 billion

8.Morgan Stanley (USA): more than 10.6 billion

9. HSBC (UK): more than 6.2 billion

10. Ally (USA, formerly GMAC): over 6 billion

10. Bank of America (USA): over 6 billion

12. Barclays (UK): about 4.9 billion

13. Citigroup (USA): over 3.5 billion

14. Nomura (Japan): more than 2 billion

15. Societe Generale (France): nearly 1.3 billion

16. First Horizon (USA): 900 million

17. General Electric (USA, parent company of GE Capital): 550 million

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While the employment center boss does not attack his name minister. But it strives, in a final chapter "to go further," to criticize one by one the thrusts of Xavier Bertrand instant payday loan.Doing so trades voltage (or those positions are filled) "alpha and omega of an employment policy reflects a restrictive vision of the situation well," Charpy loose. While Xavier Bertrand refused to increase the number it considers "necessary" to strengthen them. Employment center boss surprised "when the increases in the accompaniment of the retrenched, one can consider reducing the accompaniment of other job seekers." And find it ironic that "it reduces opportunities to verify the authenticity of acts of job search by reducing the monthly monitoring personal" when we want "to hunt fake unemployed."

"Showdown"

(Photo credits: Tallandier)