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On the night of Sunday to Monday, an agreement was reached between Republicans and Democrats to raise the U.S. debt ceiling. A favorable outcome that immediately reassured the markets: when Barack Obama announced the compromise to 2:45 Paris time, Asian stock markets – open to this hour – surged after learning that the failure to pay the United States was avoided. The Nikkei in Tokyo rose 1.7% immediately before finishing up 1.34%. Later, in Europe, major indices also showed the green, like the Cac 40 in Paris, which opened up 1.35%, and the ragagnant 3700 points, the Footsie Londoner, who took 1.07 % and the Dax in Frankfurt (+1.5%).

Safe haven, gold subside sees the outbreak of the course, which showed great concern on the part of investors.The yellow metal, which was still worth almost 1630 dollars per ounce on Friday, and is around 1615 dollars fell on Monday.

Immediate response as the currency market, the dollar has suddenly taken against major world currencies, particularly against the yen (the dollar rose from 77.3 to 78 yen per hour), just after the announcement.

Reassured the markets for a while

But around noon on Monday, the dollar back down a little already, one euro was trading against 1.4437 dollars (0.23%). Same against the Swiss franc, another safe haven, which goes back to full speed against the dollar and finds its historical levels of force, to 0.78 Swiss francs to the dollar.

Thus, if the news is welcome, the markets are not won by the euphoria. They are waiting because the confirmation of the plan by a vote, or some Republicans have expressed strong opposition to the agreement.Already on the European stock markets, the increases are bunched together in mid-day. And on Wall Street indices predicted a future increase in the Dow Jones 1.3%. Not enough to make up for the fall of 4.4% registered in the past week.

Markets are also wary because the details of the agreement remain unclear. In addition, the debt ceiling would require a new vote in early 2013, after the presidential elections. Now remains to be seen how the rating agencies will react to reductions in planned expenditure, less important than they hoped. However, they have warned: even if the United States are not lacking, this would not prevent the AAA rating of the country may be degraded.In this case, markets may again sink into depression.

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In this July 14, time is not at the party to the Paris Bourse. While markets were able to recover, both in Europe and the United States, the problems of sovereign debt are the plunge again. The CAC 40, which started on a steep decline of 1.05% to 3754.57 points, stagnating at this level. At mid-session, it loses 1.21% to 3747.23 points. Same movement in the rest of Europe: the London Stock Exchange was down 1.07% to 5843.50 points and the DAX index of the Frankfurt Stock Exchange lost 0.89% to 7203.33 points.

Last night, the rating agency Moody's has attacked the United States. She threatens to lose its triple A country in the coming weeks if Congress fails to reach an agreement to raise the ceiling on the national debt. Failing such agreement, the U.S. could miss some payments on government bonds in circulation, she says.Moody's became the first of the three major rating agencies to place the note under review with the U.S. risk of a downgrade. Before that, the Fed chairman Ben Bernanke had been very concerned about. He reiterated Wednesday that "a failure of the United States on its debts, or its commitments to its own citizens, would create a major crisis."

This warning shot accentuates Moody's concerns over debt problems in Europe. Last night also, Fitch downgraded the sovereign rating three notches to Greece, CCC, B + cons before, dangerously close to the category of issuers insolvent. The euro zone continued for its part to be divided on the question of a possible failure of Greece, which should ultimately be decided next week at a summit of heads of state and gouvernemnet the 17 countries of the euro.

Proof of the strong market stress, Italy on Thursday issued nearly 3 billion euros of bonds maturing in 2016 and 2026 interest rates have reached record levels (4.93% for securities due 2016 and 5.90% for those maturing in 2026).

Inflation has stabilized in the euro area

In this turbulent macroeconomic environment, the indicators of the day should not influence investors. Inflation remained stable in June in the euro area to 2.7% year on year, as in May, said Thursday the EU statistics office Eurostat confirmed its preliminary estimate. Overseas are expected retail sales, the weekly jobless claims and business inventories.

On the currency side, the euro gained ground against a dollar under pressure after a warning from the rating agency Moody's. The single European currency is worth 1.4224 dollars against 1.4153 dollars last night.Oil prices are without direction, a barrel of "light sweet crude" for delivery in August lost a cent to 98.04 dollars while that of Brent North Sea crude for delivery the same takes 14 cents to 118.92 dollars.

Values ​​to follow

Banking

Degradation of Greece and the threat to the United States stirred sector. Societe Generale (-2.35% to 35.14 euros), Credit Agricole (-2.20% to 8.76 euros), Natixis (-2.02% to 3.20 euros), AXA (-1.53 % to 13.80 euros) and BNP Paribas (-1.51% to 45.81 euros) are all in dark red.

Stallergènes: 2.73% to 53 euros

The laboratory has revised upward Wednesday its annual target of revenue after a first half marked by a growth of 10% despite a disturbed environment.

BioAlliance Pharma: 1.68% to 5.45 euros

The group announced Wednesday that two of its drugs in development each had entered a new phase with the regulator allowing the biotechnology company to confirm the schedule announced for these two products.

Air France: -1.39% to 9.45 euros

Two minority unions of pilots, SPAF and Alter, called for a strike from 29 July to 1 August to express their disagreement with the draft "bases province" of the company.

Lafarge: 0.25% to 39.73 euros

The group announced Thursday a plan for disposal of plaster activities in Europe and South America for 1 billion euros.Lafarge says is in exclusive talks with the group Etex, based in Belgium.

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This will be the next revolution Facebook. With nearly 750 million members, the social network is already in the shade to the e-mail to photo sharing sites like Flickr and Google. Today, Facebook is opening a new front, which could result in a "blitzkrieg" on the virtual economy. His weapon: a virtual currency, the Facebook Credits, poised to become the electronic purse of any user.

Launched quietly a year ago and a half, Facebook Credits are required on the site since July 1. Now any game publisher or service on Facebook to provide the currency of the site, in addition to its own virtual currency, like the FarmCash well known to fans of the game Farmville.Credits can be bought on the Facebook site with a card, a Paypal account, payment systems such as mobile Zong, even – as in the U.S. – via physical gift cards sold in supermarkets.

Major industrial

Facebook Credits against such exchange of virtual goods in games like Farmville, PyramidZ and Empires & Allies, or, as suggested by the film studio Warner, against VOD movies. In the U.S., fans of télécrochets as "X-Factor" and "American Idol" can be used to vote for their preferred candidates, replacing the virtual currency of Facebook to Premium SMS.Eventually, all things virtual – an mp3 download, buy a newspaper article online, a coupon obtained by locating in a shop with his mobile telephone minutes of … on Skype – could Facebook Credits currencies.

"The use of Facebook Credits is required, but not exclusive," nuance Codorniou Julien, director of partnerships Facebook France. "This includes the game, but the media as Warner Bros, music, video, box office. This will ensure the liquidity of the currency on all services, "explains Julien Codorniou.Specifically, "consumers will increasingly lead the Facebook FarmCash Credits and less" analysis Michaël Amar, CEO and cofounder of Ifeelgoods, a U.S. company that provides e-merchants to offer Facebook in place of Credits vouchers to their customers.

For Facebook, the Credits are an industrial issue. In fact, each editor service that offers its users to pay Facebook Credits reverse 30% of the value of the transaction of the social network. For example, on a rented movie for 30 Credits Facebook, or 3 dollars, by a user, Warner will donate 90 cents to Facebook. These commissions will quickly become an important part of revenue from Facebook. "We want to go as soon as possible and as widely as possible to diversify our revenue," said Julien Codorniou.Already, sales are "significant" for Facebook, which still generates most of its revenue through advertising. To get an idea, just look at the business volume of Zynga, a major partner of Facebook and subject, like others, to pay the 30% commission, the publisher has made 850 million euros sales in 2010. Its revenues are expected to reach $ 1.5 billion in 2011.

Social games

It's not for nothing that Mark Zuckerberg, CEO and cofounder of Facebook, has made the article social game publishers during his visit to Paris in late May for the e-G8: "The game publishers have found that people preferred to play where their friends are Zynga and imported the social dimension in the game Why gaming is gone first? Because it is a very social experience at first.I think that other media will follow as music, newspapers, books, "he said.

For now, Facebook provides not want to conquer the physical properties of electronic commerce with its virtual currency. In shops in Facebook, the social network rather "Facebook experience on third party sites." "In the coming months will spread features such as" Shop with friends "(buy with friends), Julien Codorniou details. This is not to create shops on Facebook, but to bring its online store friends of the people. "These purchases on the site of a merchant with his Facebook identity will feed the basis of information available to the social network members, and facilitate its advertising sales.

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Insensitive to the new this morning reported last night, after-hours trading, the rating agency Moody's downgraded four notches of the long-term rating of Portugal, the Cac 40 back into the red. At closing, the stock index was down 0.59% to 3955.48 points.

On other European markets, the trend is downward: the London Stock Exchange lost 0.35% to 6002.92 points, the Frankfurt Stock Exchange was down 0.11% at 7431.19 points, but mostly Exchange Lisbon loose 2.99% to 7128.72 points, the Milan Stock Exchange drops 2.46% to 19,779.22 points and the Madrid Stock Exchange gives 1.37% to 10,188.60 points.

Moody's does not trust the program "ambitious" in the words of the new government which includes to reduce the country's deficit from 9.1% to 5.9% this year, and 3% by 2013, and believes it is likely that Portugal needs a new aid in addition to 78 billion decided last May.

In addition, major banks and international insurers have raised again the terms of their expected participation in the next plan of aid to Greece.Chaired by the Institute of International Finance in the presence of several countries, this meeting has brought nothing new. According to one familiar with the matter, the Minister of Economy Baroin believes that the negotiations will not end until "several weeks beyond the summer."

Finally, China has raised interest rates Wednesday for the third consecutive time this year by 25 basis points from February to April. The rates of the Chinese central bank now stands at 6.56%.

The euro widens its losses against the dollar

On the currency side, the euro fell sharply against the dollar on Wednesday, weighed down by renewed worries about the economic health of the most fragile countries in the euro area.Mid-afternoon in Paris, the single European currency was worth 1.4325 dollars against 1.4418 dollars late Tuesday.

On the macroeconomic front, the German industrial orders rose 1.8% in May after rising 2.9% in April according to a slightly revised upwards, said Thursday the Ministry of Economy . It now expects the annual Arcep to 15 hours and the economic outlook for the euro area in 16 hours.

Overseas, we will monitor the ISM index of activity in the service in June in 16 hours and the weekly inventory of crude oil after half an hour.

Casa loses CFO

Sodexo (-0.07% to 53.91 euros) on Wednesday confirmed its targets from 2010 to 2011, announcing an increase of 7.7% of sales in the first 9 months of the year in which emerging markets achieved growth rates in double digits.

The manufacturer Gemalto smart card (0.32% to 33.33 euros), the world, announced Tuesday it has been selected by Qatar to secure its online public services, after developing a national identity card e for Qatari nationals.

Bank stocks remain under pressure, affected by concerns surrounding the euro area after the rating is downgraded by Moody's from Portugal and the slow pace of discussions on Greece.Mid-session, BNP Paribas was down 1.70% to 51.41 euros, Societe Generale of 2.17% to 40.25 euros and Natixis 2.32% to 3.45 euros. Credit Agricole SA (-3.53% to 9.98 euros, the largest decline CAC) announced the day before the departure of its chief financial Badré Bertrand, completing an overhaul of the General Staff of the French bank since the arrival of the new management team in early 2010.

Dia hard discount to the company being divided of Carrefour (-2.38% to 23.58 euros), fell on his first day of trading Tuesday in Madrid Stock Exchange. In addition, the band recorded new setbacks Tuesday in his attempt to form the leading Brazilian distribution.

EADS (+0.38% at 23.64 euros).AirAsia will buy 100 Airbus 320neo more, bringing its total order to 300 aircraft, said a source with knowledge of the agreement.

Air France-KLM (-1.10% to 10.80 euros) anticipates an annual growth in turnover of at least 20% in China.

Renault searched, unscrews Scor

The IPO of Mauna Kea (15.03% to 15.03 euros) on Thursday will take place over 13 euros per share, the top of the range that had set the French manufacturer of equipment 'endomicroscopy for placement on NYSE Euronext.

Groups rated television (TF1, Metropole TV, Bolloré, NextRadioTV) will be in Paris to follow.The gross advertising revenue duty of television amounted to 4.29 billion euros in the first half, up more than 12% over the same period a year earlier, said Tuesday firm specializing Yacast.

Scor (-2.84% to 18.99 euros) announced that the exceptionally high cost of natural disasters in the first quarter led him to issue up to 75 million shares to strengthen its equity as part of an automatic protection.

The examining magistrate Herve Robert, in charge of the investigation into the case of pseudo-intelligence within Renault (-0.52% to 40.92 euros), visited Tuesday the premises of the manufacturer at Plessis -Robinson (Hauts-de-Seine) to view documents, said the lawyer for Renault.In addition, the group expects its second half sales results are better than the first half of the year, said deputy director general of the group, Carlos Tavares.

The businessman Bernard Arnault, CEO of luxury group LVMH (+0.16% to 127.25 euros), retains the top spot of the professional fortunes of France, with 21.24 billion euros, before Gerard Mulliez and Liliane Bettencourt, according to a ranking published yesterday Challenges.

L'Oreal (0.55% to 90.02 euros). Françoise Bettencourt Meyers Thursday filed a motion requesting the revocation of the mandate to protect his mother, while urging the judge of guardianships in Courbevoie (Hauts-de-Seine) to take legal action, said Tuesday in an AFP judicial source.

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The French Minister of Economy Christine Lagarde said on Wednesday his candidacy official in the Directorate General of International Monetary Fund (IMF).

"I decided to present my candidacy for the general direction of the International Monetary Fund," she said at a news conference at his ministry. She said she was comforted by the support of many countries and agreed that it was a "huge challenge" to run the estate of Dominique Strauss-Kahn, who resigned after being charged with attempted rape .

Christine Lagarde said to have "quite a clear conscience" in the case Tapie, where it could be investigated for abuse of authority because of his role in the arbitration award in favor of the man business. If the investigation should be launched, then "I will maintain my candidacy," said the minister.

The IMF plans to appoint by the end of June the new IMF chief. Applications may be filed from Monday until June 10

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Hosting the dreams of a man, a woman or a famous family he gives a soul and appeal to a property? Sometimes. Some places are sanctuarized and eventually become intimate museums: the house of George Sand Nohant that of Monet at Giverny attracted many visitors. Other houses, once emptied of furniture, are ready to hear new stories payday loans lenders. This applies to the apartment of Yves Saint Laurent, 520 square meters Rue de Babylone in Paris which is on sale. Emile Garcin The agency has the exclusivity of this duplex and garden of 400 square meters. The history of old stones is made of successive occupants, some make their mark, others not.

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Telecommuting to the rescue of employees with children. The latest barometer of the Observatory of parenthood published this Friday, parents, employees expect more flexibility from their business to help reconcile work and family life. One third of them even 35% of managers would like in particular that their employer encourages telecommuting. It is the measure within the daily organization they would most like to see implemented before the observance of simple rules such as the lack of meetings late at night, or the creation of family leave.

Companies seem to have gotten the message. They are more likely to offer their employees the opportunity to work from home. Microsoft, Oracle, Renault, EDF or Alcatel-Lucent, have recently concluded agreements encouraging the practice.Even the public service there is, indeed long overdue. Before signing an agreement last January, Secretary of State for Public Georges Tron still lamented that only 1% of state employees working remotely.

20% of employees teleworking in Northern Europe

More generally, 16% of parents surveyed employees say they can already regularly work from home, against just 10% two years ago, he stresses the barometer. In Paris, this proportion rises to 26%. The latest figures published on the subject by the Center for Strategic Analysis revealed a rate of employees teleworking slightly lower at 7% in 2009. In this game, France is lagging behind: in northern Europe, this proportion rises to 20%.

Because employees are not the only ones to win.A study by the National Agency for the Improvement of Working Conditions (NAALC) in March highlighted the many benefits of telecommuting for the employer. According to Denis Berard, in charge of the NAALC, the productivity of employees off from 20% to 30% in this configuration. Less fatigue related to transport, more motivation due to increased autonomy, boost the efficiency of employees. One way, however, reduce property costs and build up a reputation for ecological and social cheaply, said Anact.

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The euro has dropped by nearly 5% in a week. Such depreciation on the foreign exchange market in such a short time is rare. If some investors have been illuminated reap gains from the sacred, others had to lose a lot!

The euro rose against the dollar over from 1.49 to 1.42 in one week. (Chart from the trading platform of Saxo Bank)

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On 19 April the fast food giant McDonald's was organized, with lots of communication, a great day for hiring new employees, announcing wanting to recruit 50,000 in the United States. This Friday, the group published the results of this: 62,000 people were detained, more than one million applications filed on that occasion. Thousands of people had also pressed the day before said signs of the chain which held such a day for the first time.

"I hope this initiative will be the beginning of the redefinition of employment at McDonald's," says vice president of human resources Danitra Barnett. The challenge for the famous fast food chain was good to improve the image of the job at McDonald's, more often associated with only a small job positions opening outlook.We are talking across the Atlantic "McJobs" to refer to jobs that paid as little challenging!

The state of the labor market in the United States, yet difficult, has also enabled the brand to attract many candidates. The unemployment rate is currently 8.8% in the U.S., its lowest level in two years, but new jobless claims are rising sharply divided during the third week of April, according to figures from the Administration.

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The order of keys on computer keyboards is now the last vestige of the era of typewriters. In India, the last factory in the world still producing the devices on which generations of typists have damaged their nails, just down the curtain.

The Daily Star has revealed that, without controls, the group Godrej & Boyce, based in Bombay, not surprisingly, decided to cease production after more than half a century of production.The fault, of course, the irresistible rise of the computer, which has reduced from 50,000 units in 1990 to only 800 in 2010, the number of units produced annually by the conglomerate of the subcontinent cash advance.

The Indian government has given the coup de grace by deciding to gradually move to IT, to the chagrin of officials who say old type faster on a machine.

To liquidate the latest machines in stock, Godrej & Boyce shakes the rope speculation. "This is the last opportunity for fans of typewriters," said the Indian press one of the leaders of the group.

Accuracy before rushing to Mumbai: Most of them are intended for texts in Arabic.

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