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On Wednesday morning, Adriana Karembeu scrolls at the Palais Brongniart. More precisely, the model of Slovak origin, who was elected in 2006 sexiest woman in the world, presented its business plan for its cosmetic company AKD, along with his partner Alain Legout guaranteed online payday loans. It aims to introduce the SME founded six years ago on the open market. Last year, AKD has made 900,000 euros in sales and 382,000 euros in losses.

The player has to use default in the articles of figaro.fr. maj1

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Renault's number two is the cost of false espionage. According to Reuters, citing a source close to Renault, Patrick Pelata, chief operating officer, had submitted his resignation which was accepted. The Board extraordinataire held this afternoon would not result, however, starting with the Group CEO, Carlos Ghosn, according to Minister of Industry, Eric Besson. "This is not, I think, what the audit recommends," he said, referring to the report intended to clarify the reasons for the fiasco of false espionage affair

"The audit concludes that four people should be punished," said Industry Minister Eric Besson sidelines of a meeting at Bercy, without naming names. "I do not have to throw names into pasture. The board of directors and not the state that decides (…) and our role is not to say this or that person is responsible. "

Renault said it would not release its findings before the close of trading, to 17.30.

"Serious malfunctions"

Other leaders are particularly vulnerable as Remi Loincloth, safety director at Renault. His office conducted the internal investigation that led to the dismissal wrongly frames. Christian Husson, legal director of the group, is also on the frontline saving account pay day loan. The Sunday newspaper also quotes the HR executive officer, Jean-Yves Coudriou.

Directed by a firm controlled by the external audit committee of Renault, the report was requested by the management group in mid-March. He points "clearly" in "serious malfunctions" in the group's management and called the guilty, also said Eric Besson."I instructed (two, ed) State representatives on the board of Renault support the recommendations of the audit committee, said, meanwhile, the Economy Minister, Christine Lagarde.

The question of money paid for pain and suffering to the three executives wrongfully dismissed for espionage should also be discussed. In total, Renault might have to pay 11 million euros. Eric Besson, Renault will pay the bill and "it would be logical" that its leaders are contributing, but it should not be "astronomical sums".

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In Madrid

Following the announcement of the resignation of Prime Minister of Portugal, Moody's downgraded Thursday the score of 30 banks in Spain. Coincidence that serves as a warning: Madrid must react quickly and provide guarantees about the soundness of its financial sector if it wants to prevent Lisbon from the edge of the financial bailout, did in its wake.

Until now, Spain had still managed to differentiate itself from Portugal. Lusitanian crisis was indeed a limited impact on the public debt Hispanic. The differential between Treasury bonds and German Spanish this week was located around 200 points, down from 280 in November 2010. Suddenly, the Spanish press is optimistic: "The markets are now the difference between Spain and Portugal," and headlined Thursday newspaper El Mundo."The markets have recognized our efforts," he reassured the Minister of Economic Affairs, Elena Salgado.

Unlike Portugal, Spain conducted last year, major reforms on pensions, labor market and, more recently, she brought order into its financial system.

Two intertwined economies

The two Iberian economies, however, are closely linked. Spanish companies present in their neighbor and realize 9% of Portuguese GDP.As banks and savings banks, they hold 34% of their international assets Portuguese counterparts.

These 76 billion makes Spain the country most exposed to the Portuguese debt, just ahead of France – French banks hold 33% of assets Portuguese.

Spanish financial institutions but also suffer from handicaps of their own, including the complex structure and scattered savings banks. Despite the ongoing mergers, Madrid difficult to explain to partners the logic of his cajas. These regional entities, subject to local political and hit hard by the bursting of the housing bubble, have great difficulty in financing. In fact, the credit companies most poorly rated by Moody's are the majority of savings banks.Argandona for Antonio, a professor of economics at IESE Business School, the rating agency "seeks to protect his rear," because "the problems of Spanish banks have been known for a year and nothing new has occurred with the Portuguese crisis. "

Economists admit the possibility of a domino effect, while limiting its scope. The Portuguese crisis is closely observed in Spain. But in Madrid, is waiting for another trial by fire: the results of stress tests imposed on new banks, expected in June.

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Professor Yunus, Nobel Peace 2006, renowned economist and pioneer of microfinance, plan to stay at the head of the Grameen Bank he founded in 1983. No offense to the authorities of Dhaka who dismissed Wednesday the influential humanist of his duties, "Professor Yunus has brought an action challenging the legality of the decision of the Bank (Central) of Bangladesh," said Attorney General , Mahbubey Alam.

The Nobel Prize is supported by the Grameen Bank itself. Yesterday evening, the institution whose mission is to provide small loans to more than 8 million poor said that "the founder of Grameen Bank and Nobel Laureate, Professor Muhammad Yunus is still in office."Moreover, Muhammad Yunus on Thursday, ignoring the decision of the State, was present as usual at the headquarters of the bank, whose board he is loyal.

The "Banker to the Poor" and its employees are challenging a decision based on occult reasons. According to the Central Bank, the founder of the Grameen Bank would be in violation because he is older than seventy years. Now the age limit for bank officials would be set at this particular age. Another reason given by the prospective head of the Grameen Bank, Muzammel Huq, wants the appointment of Professor at the head of the bank pioneer of microcredit in 1983 and renewed in 2001, would not comply with the rules.In short, nothing new but a law governing the banking sector in 1991, gives wide powers to the Central Bank of Bangladesh, including the right to end the duties of officers of private sector establishments.

Cabal policy

The lack of justification in any case reinforces the impression that the professor is the victim of a political vendetta. And everything goes back to 2007. Shortly after receiving the Nobel peace in 2006, Muhammad Yunus founded his own political party free instant credit score. A decision that has provoked the ire of Sheikh Hasina, the leader of the Government of Bangladesh, which has not always want to destabilize the "banker of the poor."

After a complaint for libel, Dhaka has opened an investigation into the Grameen Bank after a report aired on Norwegian television saying that the bank used the funds of foreign investors for purposes other than funding for microcredit.An attack then denied. Whatever, Sheikh Hasina accused the Grameen Bank to "suck the blood of the poor."

International support

The charges involved the Prime Minister just as the microcredit sector is weakened by recent scandals in India, causing a wave of suicides on the subcontinent. And even if Muhammad Yunus has strongly condemned the drift, the relentlessness of Dhaka towards the founding father of microfinance could be a blow to the sector.

For now, supporters flock. Norway, which participated in the creation of the Grameen Bank, held Wednesday by the voice of Erik Solheim, Minister of International Development, that his removal was "a very sad news. We are witnessing a brutal struggle for power in Bangladesh. " The U.S. embassy in Dhaka has expressed its "deep trouble" and asked Dhaka to treat Muhammad Yunus with respect.Martin Hirsch compares him "this attempt to bayonne a Nobel prize for peace in what happened in Burma, with another fighter for peace and freedom", referring to Aung San Suu Kyi.

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It was this Friday in Paris the starting point of the French presidency of the G20. In the late afternoon, Nicolas Sarkozy at the Elysee received Finance Ministers and Central Bank Governors of the coterie of twenty countries representing 85% of global gross domestic product. "The G20 will retain its legitimacy if it can demonstrate its effectiveness in the recovery. It is therefore your responsibility and that of heads of State and Government to provide answers to key questions facing today's global economy, "commented the Head of State. Before exhorting the audience not to "give priority to national interests" that would cause "death G20" and the call does not bog down the debate "in endless discussions.

A tip for the less welcome. For in the aftermath, ministers and central bankers would sit for a working dinner at the Hotel de Marigny.With the menu: the difficult development of a list of indicators to measure the macroeconomic imbalances, the first step before a debate on remedies to reduce them. This list should make it possible to send to different countries by the end of 2011 and led the International Monetary Fund (IMF), economic policy recommendations.

The positions of the twenty member countries on Friday on the issue of indicators augur well for the difficult discussions, which continues today with sessions at Bercy. The Deputy Russian Finance Minister Dmitry Pankin, reported in the afternoon that the first draft final communique included four indicators of current account imbalances, the exchange rate, public deficit and private debt. A little phrase that started the game strategist negotiators, each role is to defend its interests.And has enabled China to express his differences. Always under pressure to revalue its currency, it will not be dictating policy in this area.

"Earning a certain amount of reserves"

In the minute that followed the Russian statement, Finance Minister Xie Xuren told himself firmly opposed to the inclusion as a factor of disequilibrium exchange rates and foreign exchange reserves no fax payday loans. "Emerging markets have to cope with financial crises and economic shocks, accumulate a certain amount of reserves," he said. He also hopes that the standard current account is replaced by that of the trade balance. China also believes that the rules on indicators should be advisory and not binding.

For their part, the Indian Finance Minister, Pranab Mukherjee, and Brazil, Guido Mantega, were opposed to the implementation of a comprehensive mechanism of control of capital flows. Depending on the progress of negotiations, the final statement may not mention at all of the list of indicators. "This is not a tragedy," stated the French Economy Minister Christine Lagarde, early in the week. According to other sources, the G20 could offer China the possibility of excluding the balance of payments imbalances measurement criteria, to enable a comprehensive agreement on the issue. The German Finance Minister, Jörg Asmussen, hoped on Friday that discussions to reach an agreement.

The five French priorities G20

• Identifying the macroeconomic imbalances.

• Réformerle international monetary system.

• Reduce excessive volatility of raw materials.

• providing a program offering financial regulation flawless.

• Develop infrastructure in the country.

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While a new mission of the European Commission, the European Central Bank and the International Monetary Fund is in Athens, the movement of citizens opposing the increase in prices is a national issue. Every morning, they raise the bar of tolls on major national roads, recovering plastic bags composters at the entrance to metro stations and distribute leaflets in public hospitals for not paying the care provided: the are citizens of the movement "I do not pay".

Since 1 February and the implementation of the new higher prices, they are becoming more numerous – several hundreds already – to prefer breaking the law rather than to demonstrate. A trend that raises the sympathy of public opinion."Most of us can not afford to pay and no longer want to protest," said Giorgos Kosmopoulos, a member of the movement.

Greece, under the supervision budget for nearly a year leading drastic reforms to clean up its accounts. After the increase in VAT from 19 to 23% in a few months, others follow. Thus, the bus ticket and metro increased from 1 euro to 1.40 euro, while the minimum wage tops out at 592 euros. For tolls, "the situation is absurd," said Giorgos Kosmopoulos, "roads, which date from 1950, is dismal and dangerous and we are asked to pay for future construction, especially since the state does not offer alternative route.A farmer often has no choice but to pay to get from one field to another! "He protested.

Disarray of the population

This protest movement, which now covers public hospitals, reflects the confusion of a certain group of people bled dry by the austerity measures. According to sociologist Giorgos Kirtsos policy, "especially the Greeks begin to realize that they have not finished tightening their belts. They have lost confidence in the political system. The evidence, when we know from the beginning that we can not repay the loan on time, we must now negotiate an extension.So the cacophony and the presence of the troika is not reassuring, "he says.

In Athens, all week, the new mission of experts from the troika will control the accounts and the progress of reforms undertaken by the Socialist government to grant the fourth installment of the loan of 110 billion euros, 15 billion in March. If the Greek authorities will want reassurance on that date, they still fear the development of protests like those of the isolated "I do not pay".

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In 2011, many rules are changing in real estate. Besides the introduction of a new zero-interest loan and a Scellier recast the terms of the Plan Epargne Logement (PEL) will be upgraded from 1 March. The decree on the reform of the financial investment has been popular previously published this Tuesday morning in the Journal Officiel. The stated objective of the Ministry of Economy is to "modernize and enhance its attractiveness for the consumer, mainly by boosting its earnings.

With a salary remained unchanged at 2.5% since 2003 and access to mortgage rates higher than the market, the ELP was losing ground among investors since 2004. However, this investment allows them to be a personal contribution to a property purchase, according to its original purpose to promote homeownership.It also represents an important financial resource for banks, which contributes to the funding of loans. According to the statement released Tuesday by Christine Lagarde, outstanding ELP now represents 23% of mortgages. Yet this investment is in decline since 2005.

A higher rate of 0.4 points on average

The method of calculating the remuneration of the ELP will be changed for all accounts opened from 1 March quick payday loan. Previously set by the government, the applicable rate will now be recalculated each year based on market interest rates. A floor rate, at 2.5%, gives an advantage compared to PEL savings accounts for which no minimum payment is expected."With the proposed formula rate ELP would have been higher each year on average from 0.4 points to what he has been over the last ten years," argues Christine Lagarde said in a statement.

In contrast, mortgage rates which gives access ELP is not lowered, and will remain unchanged at 4.2% minimum. A rate higher than those charged by banks currently, the average granted last November for a 15-year loan amounting to 3.22%, a historic low. But the government expects the next rate hike to reinforce the advantage of the ELP. Another pitfall for the consumer: the taxation of investment will be slightly hardened, with a collection of social contributions made each year, when he intervened before the end of ten years. A tax system "more legible to the consumer," according to Christine Lagarde.

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Despite a marked improvement in the European financial environment, and the European idea supported by the Belgian government to double the amount of the plan to help struggling countries, the International Monetary Fund estimates that Europe is still struggling to reassure investors.

While Portugal, Spain and Italy have passed their first test of the year and bonds attracted investors, three members of the IMF officials warn against any optimism démesuré.Naoyuki Shinohara, vice- Director General of the International Monetary Fund, has conceded that "today, it appears that the contagion of the crisis of European debt to other countries remains limited," adding that "spreads between bonds of State Greek and Irish and those of Germany are still very high, despite the European rescue plan. "This is shown, according to the Economist, that "the market skepticism about the ability of states to the euro zone to contain their debt has not disappeared."

The former member of the Japanese Ministry of Finance has concluded that "it is important that states reduce their budget deficits while continuing to pursue structural measures to boost growth and reduce unemployment."

In response to statements by the IMF, the euro fell against the dollar after rising continuously for five days. The single currency is trading Friday at $ 1.33 against the euro.

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The tone rises in the UK, after several days of chaos during which the air traffic was paralyzed at London's Heathrow Airport. The British government wants to introduce new legislation which will impose heavy fines at airports where passenger travel were severely affected before Christmas, "said Transport Minister Philip Hammond The Sunday Times.

"There should be a financial penalty for failure of service," said the minister Sunday newspaper. Therefore, he advocated the adoption of new laws that would give more powers to regulators, such as civil aviation authority (CAA). The latter took the view not be able to impose a fine at Heathrow, the busiest airport in Europe, in the current legislative framework.For Philip Hammond, it is "unacceptable" that the operator of Heathrow, the group under Spanish capital BAA is not punished.

Tens of millions of pounds

"We should give greater importance to passenger satisfaction and performance of airports," said Transport Minister, citing the penalties of tens of millions of pounds. According to the British press, the fine could reach 63 million pounds (74 million), representing 7% of airport charges. BAA announced Thursday the launch of an external investigation into the chaos caused by snow, while traffic was slowly returning to normal.Thousands of stranded travelers spent several nights in the terminals of Heathrow on the floor waiting for their flight.

British Prime Minister David Cameron had said on Tuesday "frustrated" that it is necessary that long to improve the situation in the London airport. Under fire from critics, the CEO of BAA, Colin Matthews, had indicated he would forgo his bonus this year to year easy payday loans. "We had a crisis, I am responsible," he said in an interview given to Sky News video. In 2009, Colin Matthews hit a bonus of 944,000 pounds (1.11 million).

A "Snow Plan" insufficient

In a survey of the conditions that led to the paralysis of traffic at Heathrow, The Sunday Telegraph says "Snow Plan" provided by the London airport did not give sufficient resources to fight against heavy weather and this, while that the government had asked the operators since last summer to revise and strengthen it. Heathrow has not been the only airport to suffer interruptions of traffic across the Channel. Scottish airports Aberdeen, Edinburgh and Glasgow, as well as other London airports (Gatwick, Luton and City) have also been affected.

In France, where the air traffic returned to normal at Paris on Saturday, the Minister of Transportation and Ecology Nathalie Kosciusko-Morizet, called an "inspection visit" about the lack of glycol, liquid defrosting. The initial findings will be made January 10.For the European Commission, the disturbances that have occurred in the major European airports in recent weeks are "unacceptable." Transport Commissioner, Siim Kallas, discussed the possible establishment of a "minimum service" airports in the European Union.

(With agencies)

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On Wednesday, the watchword union in the oil sector is clear: "We are moving towards a hardening of the movement," said an official CGT. In all refineries are being held general meetings to decide on the renewal or otherwise of the strike. Nine sites are already on strike or disruption of which seven are shutting down production. Early this morning, employees of the Total refinery Feyzin, near Lyon, have decided to renew their protest, and the shutdown of production has been initiated by management due to staff shortages. According to David Faure, CFDT representative and secretary of the company, "the cessation of production has been voted" and should begin to be implemented "in the morning" fast cash without a hassle.Those are now all refineries Total group who are shutting down production, "but for mutiple reasons," said a spokesman for the group.

The strike at the port of Le Havre could nail aircraft ground

While in most refineries are the strikes of employees that resulted in the shutdown process of production units, however, the Mede, near Marseille, the units went on strike on Sunday, "for lack of crude supply "oil terminals at Fos-Lavera is blocked by dockworkers strike.

Mehdi Rachid, elected to the CGT Total refinery at La Mede described the situation:

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