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Labour Minister Xavier Bertrand warned Sunday that the number of registered employment center, to be released tonight will be up in October. It challenges the crisis. The Minister of Labour and Health Xavier Bertrand

The Minister of Labour Xavier Bertrand said on Sunday that the unemployment figures of the month in October would be "not good", asked the Grand Jury RTL / Le Figaro / LCI. The figures, to be published Monday, "will not be good and everyone knows they can not be good due to a crisis which does not come out yet and even in the field is growing," he the minister said."When we decided to discontinue its business relationship with a subcontractor and that is a very large group, we must notice," he said, adding also want to "support the employees of these subcontractors."

A permanent contract for temporary

Xavier Bertrand was also suggested to create a permanent contract in the agency sector. "I'm going to suggest to all companies in this sector to set up a permanent to temporary," he said, saying it might interest between 15 and 25% of the 500,000 temporary workers. The minister also stressed the need to improve the system's return to work after periods of unemployment.

Referring to the future of 35 hours, including the UMP says it wants "out", Xavier Bertrand said that France was already "out of 35 hours." He ruled out any "revenge" and "ideological approach" that "would penalize employees."

In most cases, fast cash loans are credited to the borrower's account within 24 hours. Sometimes the time taken may be even less, depending on the amount of loan as well as the company which processes your application.

Hungary has pledged Friday talks with the IMF and the European Union that could lead to an agreement by February of "support growth" but that may come up against the willingness of Prime Minister Viktor Orban, to keep control over economic policy.

While Budapest dismissed all claims with the International Monetary Fund since he took office in spring 2010, the decision of the head of the Conservative government to reconnect with the institution led by Christine Lagarde is a clear political defeat.

He assured that the government did not act in an emergency, Hungary continued to borrow in the markets and the agreement would not affect the financing of public debt.

"We are not dependent on the goodwill of others," he said.

The IMF representative in Budapest was not immediately available to comment on these statements.

The events in Europe during the weekend may well dictate the evolution of Wall Street next week, at least at the beginning.

France and Germany called Saturday to the new Prime Minister of Greece Lucas Papademos the "full implementation and full implementation of all commitments" by his country to emerge from the crisis, according to the Europe Agreement of 27 October.

Italian President Giorgio Napolitano Sunday continued its consultations for the appointment of a new government to replace the outgoing team of Silvio Berlusconi, who resigned Saturday evening under the jeers of the Roman people.If pressed, the index may end up around 1100 early 2012, says he.

Many investors bought put options (selling) before the weekend to guard against a possible drift to lower Wall Street next week. However, seasonal factors could play for the Exchange.

November marks the beginning of the "best six months of the year", a period when the Dow Jones recorded a gain of 7.5% on average and has been for 50 years against 0.4% for the other part of the years, according to the Stock Trader's Almanac.

The holiday season partly explain this discrepancy.

The Swiss pharmaceutical group Novartis announced Tuesday the elimination of 2,000 jobs at the group level and a series of measures designed to absorb the price pressure.

These reductions, announced in conjunction with the release of third quarter results will speak mainly in Switzerland and the United States, and will be offset by the creation of 700 jobs in low cost countries and other countries, Novartis said in a statement.

The group also plans to close two locations in Switzerland and Italy. Part of the research will also be transferred from Switzerland to the United States.

For the third quarter, Novartis presented figures in line with market expectations.Revenues totaled $ 14.8 billion, up 18% in dollars and 12% at constant exchange rates.

Net income reached 2.49 billion dollars, an increase of 7% a year in dollars and 15% at constant exchange rates.

Analysts polled by Reuters on average expected a turnover of 14.86 billion and a net profit of 2.84 billion.

At 9:25, the title yielded 1.64% to 50.95 francs, while the European Health Index fell back 0.4%.

American billionaire paid $ 7 million in tax last year, a total of 63 million of revenue. Either a tax rate of 17%. The third richest man in the world supports the will of Barack Obama to pay higher taxes for wealthy Americans. American billionaire Warren Buffett has published October 11 in a letter the details of his income and taxes.

American billionaire Warren Buffett has released details of its income and its tax-bill, encouraging other rich Americans whose boss of News Corp., Rupert Murdoch, to follow his example.In a letter to a congressman, Warren Buffett, the third richest man in the world, said it had won a total of $ 62.8 million last year, reduced to a taxable amount of 39.8 million dollars after tax deductions.

Warren Buffett, who supports the attempt by U.S. President Barack Obama to pay higher taxes for wealthy Americans, said it had paid a total of 6.9 million of taxes, a rate of 17.3%. This rate is much lower pay than many Americans, including his own secretary, said Mr. Buffett to Republican Tim Huelskamp in his letter dated Tuesday. Warren Buffett said to Mr.Huelskamp, ​​who criticized his position on taxes, that most of the senators and deputies, pay more than 30% of their income in taxes, "as all employees of the office except me."

Open war with Rupert Murdoch

Warren Buffett, who has accumulated a fortune of over $ 50 billion through its investments through his company Berkshire Hathaway, responding to a call from Mr. Huelskamp asked him to prove the truth of his statements on the few tax to which it is subject. "What would be helpful to see more of the ultra-rich publishing their taxes," Mr. Buffett wrote. "If you could get other rich Americans to publish their taxes at the same time as me, it would be very useful to get an intelligent dialogue on reform of taxes," said the billionaire.

"It is clear that many ultra-rich pay even lower percentages than me and get the federal government the amount of taxes could be useful to legislators to establish a fair tax code", he still writes. In particular, the billionaire city "Rupert Murdoch, one of my colleagues ultra-rich" owner of the Wall Street Journal that criticized last week Warren Buffett calls for higher taxes for the rich and had demanded the release its tax-bill.

Mr. Huelskamp has responded on his website regretting that Mr. Buffett has not yet released its official tax form. "If Mr. Buffet wants to actually pay its fair share + + tax the government can easily send voluntary contributions to President Obama and the federal government. This, apparently, he did not," concluded Mr. Huelskamp.

Pensioners' organizations in 110 cities protesting against the decline in purchasing power and delayed the reform of addiction. A retirement home in Paris in July 2006.

Organizations require retirees to protest Thursday in 110 cities against the plan anti-government deficits, the loss of purchasing power and delayed the reform of addiction. Paris will be the highlight of this day inter-engagement, with a planned demonstration at 14h between the Place de la Bastille and of the nation, the call of the UNSA-retired from UCR-CFDT, the Unar-CFTC, the UCR-CGT and the FGR-FP.

These pensioners' organizations have condemned the government decision to postpone indefinitely the reform of financing of the loss of independence and recalled "the need to create a universal benefit to compensate for the loss of autonomy regardless of age, care for national solidarity, as part of Social Security. "

Campaign promise of Nicolas Sarkozy in 2007, this reform was to improve the quality of care for older people and reduce the cost for individuals, has been postponed several times, the last time in late August. But is conspicuously absent from the bill funding the Social Security (PLFSS) for 2012, presented Wednesday by the Cabinet, even if it is intended as annual increases in funding for the elderly.

Regarding the purchasing power, "which continues to deteriorate," the five unions fear a further decline due to plan anti-government deficits announced in late August. At the same time, they demand a significant increase in pensions, especially for low pensions, minimum pension at the minimum wage and a new method of indexing.

The UCR-FO, which was signed in July calling for the single day of action, has finally shown solo on September 20 with all the militants OST to the trial of "austerity".

According to Valerie Pécresse, the government is considering an increase in future tax on soda, which could be up to his double. It does not however extend to sweetened beverages as has been said in the press. Soda tax should be doubled.

The government is considering an increase in future tax on soft drinks that could go to his double, said Wednesday the government spokesman Valerie Pécresse after the Council of Ministers.

"It is envisaged that an increase could not be more than twice," said budget minister, adding that the tax, announced in late August as part of the anti-deficit plan would not be extended to sweetened beverages, fruit juices and mineral waters, as has been said Wednesday morning in the press.

U.S. stocks fell Monday due to growing concerns that Greece bankruptcy and European banks suffer the consequences.

The Dow Jones has given 2.36% or 258.08 points at 10,655.30 and the S & P-500, wider, fell 2.85% or 32.19 points at 1099.23 , a low of thirteen months.

The Nasdaq meanwhile lost 3.29% (79.57 points) to 2335.83.

The financial sector was particularly hard hit, after the 10% decline marked by the Franco-Belgian bank Dexia. The group very exposed to the Greek debt, illustrates the risk posed by the financial situation of Greece in the European banking sector.

Bank of America has dropped from 9.64% to 5.53 dollars per share, its lowest level since March 11, 2009.Morgan Stanley has in turn yielded 7.63% to $ 1.03.

Both banks have also seen prices soar credit default swaps on their bonds, in part due to speculators betting on a deteriorating situation.

Citigroup and Goldman Sachs have respectively dropped by 9.8% to 23.11 dollars and 4.7% to 90.08 dollars.

The KBW bank index plunged 4.78%.

In addition to the fears of Europe, analysts fear that the poor state of the U.S. economy does reduce bank profits and thus would reduce even more their ability to absorb losses related to mortgages.

"Fear and uncertainty will guide these values ​​until we find the clarity in one way or another," said Jason Ware, of Albion Financial Group.

The index of manufacturing activity in the United States had temporarily supported the meeting before the downturn in the wake of financial resources.

European stock markets opened in the red after the Fed's pessimistic statements on global growth, and support for the U.S. economy ruled by markets shy. Asian stock markets have closed sharply down Monday, August 8, 2011. The Tokyo Stock Exchange lost 2.9%, 3.79% Shanghai, Sydney 2.9%, Seoul 3.82% Hong Kong 2.11%. The Bombay Stock Exchange, she fell to its lowest since 2010 (-3%).

The disappointment with the decisions and statements pessimistic about global growth of the U.S. Federal Reserve made the day before the European stock markets fall heavily at the opening Thursday, banking stocks again touching the bottom.

The Paris Stock Exchange opened down 2.66%, 3.22% from Frankfurt, London, 2.75%, Milan 3.02% and 2.43% in Madrid.The modesty of the support measures announced and pessimistic about the future of the global economy expressed by the Fed had pushed the European stock markets Wednesday, as Wall Street. The measures taken by the Fed do not forget to markets that "the crisis in the euro area remains at a high level," noted Padhraic Garvey, ING in Frankfurt.

"The Fed gave up stronger measures" that would have reassured the markets noted for his part Berenberg Bank. Wednesday morning, Asian stock markets have also accused the coup and Tokyo ended its session on a net decrease of 2.07%. Always at the forefront, banking stocks fell sharply. In Paris they yielded between 3% and 5% in Frankfurt, they were the red lanterns, Deutsche Bank and Commerzbank losing 4.81% 4.19%.

After two days of meetings, the outcome was awaited eagerly by investors, the Fed announced it would sell by the end of June 2012 for $ 400 billion of treasury bills and buy for the same amount with longer maturities. The purpose of this measure, dubbed "Operation Twist", is to lower interest rates in the long term to support the activity.

The evolution of the situation in Greece is also still followed by the markets Thursday. The Greek government resigned Wednesday to take further austerity measures in 2011 and 2012, under pressure from its creditors, the EU and the International Monetary Fund (IMF).

European shares surged Thursday for their third straight session, boosted during the afternoon by the announcement of a coordinated recovery operations contributed dollar to three months in the fourth quarter.

The markets showed positive trends at the opening, the unit displayed the day before by Angela Merkel and Nicolas Sarkozy have partially reassured investors about the impending failure of Greece.

The CAC 40 has pressed the bar of 3000 points and finished with a gain of 3.27% to 3045.62 points.The index was pressed from the opening above a key technical resistance close to 2,950 points, which could lead the benchmark index of the Paris to its next significant resistance located nearly 3,120 points, analysts say techniques.

Investors are nevertheless concerned about the Greek case and a possible contagion of debt to other countries in the euro area, some traders felt that the current phase of increase is just a technical rebound.

"In our scenario, China is a bumpy landing, the euro survives, growth in the United States is at a new pace disappointing, but still positive, and central banks keep rates low for a while really, really long , "wrote strategists from Societe Generale."Meanwhile, risk indicators show that fears of a catastrophic scenario are already circulating."

Other European markets, London has gained 2.11%, 3.15% Frankfurt and Milan 3.55%. As for the pan-European Euro Stoxx 50 index, it took 3.47%.

FLIGHT OF BANKS IN THE AFTERNOON

The renewed optimism, even relative market has benefited particularly to financial and cyclical stocks.

The indices of banks (4.08%) and insurance (4.23%) topped the increases in perspective of a coordinated intervention by central banks to address the problem of liquidity of European banks.

"They have to do something. We saw the announcement yesterday that banks had asked for two dollars to the ECB.We are again in the dollar shortage. They are forced to address this problem.If they do not, everything stops, "said Philip Lawlor, strategist at Smith & Williamson.

Beyond the risk of losses from their exposure to sovereign debt vulnerable countries in the euro area, especially Greece and Italy, the market fears that European banks, French banks in mind, are facing problems refinancing if the market of bank financing to complete paralysis.

BNP Paribas has finished well ahead of increases in the ACC and the index of banks in Europe, with a gain of 13.38% to 30, 500 euros, after gaining up to 22% shortly after the announcement by the ECB the resumption of contributions in dollars.

UBS, however, ended in a fall of 10.8%, the Swiss bank has suffered from the revelation of a loss estimated at two billion dollars (1.46 billion) related to transactions by a trader.

The pressure to sell the investment bank will increase further after the discovery of the fraud in the Swiss financial institution.

Among the cyclical sectors, the European car gained 3.18% and the construction took 3.22%.

Some brokers are beginning to find that the decline in the prices of cyclical stocks has been excessive, including a false scenario of deep recession as the fall of 2008.Citi went to buy ArcelorMittal, saying it is time to buy the title, whose prices anticipate "the end of the world."

The action of the steelmaker gained 4.31% to 13.400 euros.

Illustration of a slight relaxation, the performance of the German government bond (Bund) and 10 years went back around 1.93% against 1.87% on Wednesday and that of the Greek debt to trade around 23.15 % against 25.15% the previous evening.

The euro also regained some ground against the greenback and is trading around 1.3860 dollars, against 1.3741 the previous day.

The Spanish Treasury has issued on Thursday to 3.95 billion euros in three auctions, reaching the top of the range expectancy of 3 to 4,000,000,000 euros, but at a high cost, despite the support of the Central Bank Europe in the context of fiscal crisis.