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The trade balance between imports and exports French deficit was over 69 billion euros in 2011, the Secretary of State for Foreign Trade, Pierre Lellouche. This is more than the previous record of 2008. View of the commercial port of Marseille

The Secretary of State for Foreign Trade, Pierre Lellouche, announced a trade deficit of 69.6 billion euros in 2011, more than the previous 2008 record of 56.2 billion, in an interview published on the website of Figaro Tuesday. "With a trade deficit reached 69.6 billion euros in 2011 (after 51.4 billion in 2010) the results are less bad than expected," said the minister who had, in mid-January, revised down the estimated 5 billion annual deficit, previously estimated at 75 billion.

"In 2011, our imports have increased 11% to 498 billion. At the same time, more than 117 000 firms sold their products abroad, a figure unchanged from 2010, "said Secretary of State." Our exports increased by 8.6%, to 429 billion euro – which will create 90,000 jobs this year "has he congratulated

. Surplus for the food processing and aerospace

" We can be satisfied with the functioning of certain sectors: agribusiness is experiencing a historic surplus of 11.4 billion. The aircraft also implies a surplus of 17.7 billion through the sale of Airbus 534 "also said Pierre Lellouche

. It is observed that exports French grew less in 2011 than Germany, but also that exports from Italy, Spain, UK and U.S.. The global market share captured by France and has deteriorated significantly since 1990 from 6.2% 3.6%

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European stock markets closed sharply higher Friday, praising the employment figures significantly better than expected in the U.S. in January and other U.S. statistics considered encouraging for e global economy.

The CAC 40 index ended for the first time above 3,400 points since early August, with a gain of 1.52% to 3427.92 points. For the week, the benchmark index of the Paris took 3.29%.

The London Stock Exchange has sold for 1.81%, 1.67% that of Frankfurt and Milan up 1%. The pan-European STOXX index rose 1.49% 50a.

Concerns about the apparent lack of progress on the Greek case, however, have plunged the Athens Stock Exchange.

"After a month of January for significant investors, European stock markets continued their advance (…) the announcement of a fall in unemployment in the United States to its lowest level in three years (8.3%) and an imminent agreement on Greece maintain the euphoria on global indices, "said Fabrice Cousté, CEO of CMC Markets France. 

The upturn in the U.S. employment continued in January, with the highest rate of job creation observed in nine months, and the unemployment rate fell to , its lowest level in nearly three years, reflecting the impact of growth in the fourth quarter of 2011 at the beginning of new year.

The growth rate of services sector in the U.S. has in turn greatly accelerated in January, while economists had estimated that it would evolve in the ME I beat that in December, according to figures released by the Institute of Supply Management (ISM). 

In addition, orders to U.S. industry rose for the second consecutive month in December, driven by increased business investment, and the rate of growth of the sector services has increased significantly in January.

LVMH wipes one of the largest declines in the CAC 40 stock market Friday morning, a victim of profit taking after the publication of its annual results, after winning more than 21% since mid-December .

Stakeholders believe however that the title could quickly resume colors, these results with 2011 confirmed the good resistance of luxury to the crisis, with prospects for the year 2012 found very reassuring .

At 11:00, the title fell by 0.87% to 125.25 euros in a volume of nearly 455,000 pieces, or 41% of its average daily volume the past three months, while the CAC 40 is stable.

"These are profit-taking. The results are very good. LVMH has proven its strength in non-crisis and crisis. The title should rebound quickly (upwards), "said one trader

. LVMH has published annual results up sharply, signing new records through the acquisition of Bulgari, and once again demonstrating the resilience of luxury to shocks in the economy

….. …. "LVMH is a history of strong growth and fits well with the themes of our strategic team for 2012 (quality, sustainable growth, large capitalization, strong balance sheet)," said Thomas Chauvet, an analyst at Citi

. But he wonders if time is not ripe for the title of a break in a context of weak growth

. "After the 15% increase in luxury and LVMH shares, with limited potential for earnings growth in short term, we see only modest upside potential for the course, "he said. 

"Like the rest of the sector (with the exception of Tiffany), LVMH shares performed well since the beginning of the year, supported by stronger growth than expected in its sector fourth quarter, a favorable exchange rate developments and an appetite for stocks with high beta (volatility). Despite positive comments from CEO of LVMH, the action probably warrants a pause, "says Antoine Belge of HSBC

. Analysts already largely positive on the title, welcome the absence of growth deceleration in the fourth quarter and in January, several of which have raised their forecasts for 2012 and their price target

. "We note the strong momentum in the fourth quarter by region and by industry, the figures being very close to those of the third quarter, "wrote Thomas Mesmin, an analyst at CA Cheuvreux, which raised its price target from 19% to EUR 150

… …… "Management remains optimistic for 2012 and reports a good start to the year, particularly in Asia (Chinese New Year) and the United States. Local demand in Europe continues to grow, which is a very reassuring, "he says

. Oddo Securities also raised its price target on LVMH, which rose from 140 to 146 euros, and its estimate of 2012 net income, noting that the EBIT for 2011 published is 3% above the market consensus

. In a note on LVMH entitled "Crisis? What Crisis ", Natixis Securities is also its price target, going from 140 to 147 euros, and confirmed its recommendation to buy

……. .. "The fourth quarter exceeded expectations ends the year in style and confirms the excellent level of business despite the current depressed. The strengths of the group (unique portfolio of brands, global presence) will play back full in 2012, "wrote analysts at Natixis in their daily note

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Deposits record debt have accelerated last year after a slight dip in 2010. The number of filings in 2011 with commissions of over-indebtedness on the mainland increased by 6.6% compared to 2010, 232,493, announced Wednesday the Bank of France. It increased by only 1% in the first nine months of 2010. The number of cases handled, it is more sensitive it up by 10.1% to 239.647.Dans detail, the commissions have used the new possibilities offered by the law Lagarde, effective the end of 2010, which allows them to not go before the judge for approval of a plan to erase debt. The number of recommendations to erase debt, also called personal recovery proceedings without liquidation (the judge orders the sale of household goods over-indebted if any) has been increased almost tenfold between 2010 and 2011 . As a result, the number of recommendations approved by the judges jumped 30% to 48,797 in 2011.Parallèlement, the number of cases referred to committee by the judges was down 22% in 3549.

Wall Street closed up on Monday.

The Dow Jones gained 291.23 points (2.59%) to 11,523.01. The S & P 500 is 33.90 points (2.93%) to 1192.57. The Nasdaq Composite rose 85.83 points (3.52%) to 2527.34.

This data is likely to vary even slightly.

The party of the presidential majority proposes the opening of branch agreements on legal working hours. For the head of the UMP, Jean-Francois Cope, the output of 35 hours is "inevitable." The national secretary of the UMP Jean-Francois Cope

The UMP will propose at its convention, which opens Tuesday, the opening of branch agreements in areas where the 35-hour "lasting problems arise," said Tuesday the Minister for Ecology Nathalie Kosciusko-Morizet on LCI. "Our position, which will be presented tonight is to give the possibility to open branch agreements. There are branches in which lasting 35 hours pose problems despite the flexibility that we have done," said Ms Kosciusko-Morizet.

Nathalie Kosciusko-Morizet did not specify which areas were specifically concerned, however, saying that all branches should be able to open negotiations."But there are areas where it is more complicated than others, where the division of labor is much less homogeneous than in others," she said.

In an interview published Tuesday in La Voix du Nord, the Secretary General of the UMP Jean-Francois Cope said that "the crisis, the output of 35h is inevitable, since it secures the purchasing power" .

The debt crisis has led to Monday a new onset of fever in the markets, powered by a warning from Moody's with respect to France and by the failure of U.S. lawmakers to agree on reducing the deficit .

Even the clear election victory of the Spanish right, Sunday, was not enough to reassure investors, anxious about no firewall is sufficient to prevent the spread of the crisis of sovereign debt.

The risk premium for holding debt Spanish, Italian or French rather than German securities was up in the afternoon, Moody's has highlighted the risks posed to the "triple A" of France increased sustainable financing costs.

The New York Stock Exchange closed up 0.25% Friday, the Dow Jones 30 Industrial winning 29.66 points to 11,800.39. The S & P-500, wider, lost 0.22 points, or 0.02% to 1215.91.

The Nasdaq Composite fell 15.38 points his side of (0.59%) to 2572.61

These data are likely to vary even slightly.

The European Union and the United States imposed sanctions on Syria to stop the repression. The Arab League will soon follow suit. But these measures will be effective to bring down President Bashar al-Assad? Not so simple … Demonstration against Syrian President Bashar al-Assad in Istanbul.

After the United States and the European Union, the Arab League threat of economic sanctions against Syria. The organization includes Saoudi Arabia, Iraq and Egypt imposed an ultimatum: if the power does not stop the violence against his people, the organization will hit the country in the PORTFOLIO. But these economic sanctions have their limits. Explanations.

Imposing the sanctions and how?

So far, it is especially the European Union has shown.Moreover, tourism is affected: it reported 6 to 7 billion euros last year and represents 12% of GDP. "The economic machine is running at 40% of its resources today," said Hasni Abidi, director of the Centre for Studies in the Arab world (CERMAM). The possible sanctions of the Arab League at the end of their ultimatum could further exacerbate an already fragile economy. "States of the Arab League import a lot of fruits, vegetables and grains, Syria has a highly developed agriculture. If you stop overnight, these imports, it's a catastrophe for the country," said the researcher. The situation is so delicate that the Minister of Economy has just imposed a drain of $ 10 on the salaries of civil servants to bail out the state.

More than one in two French (56%) spend more than nine hours in the office according to a study of the company Regus, which specializes in work areas. It is 10% more than the British or the Americans. According to Regus, 14% of the French work more than 11h, against 10% abroad.

The French do they work less than others? No, clearly meets the company Regus, a provider of workspaces. She has just completed a survey of 12,000 companies, working in some sixty countries. And she said, 56% of French people spend more than 9 am at work, against 48% for the average of other nations. In comparison, 46% of the British and Americans work more than 9 hours, 32% of 47% Chinese or Japanese. Germans (59%), Indians (55%) and Brazilians (60%) are in turn more likely to work as hard.In France, the overuse of long-term work could have a negative impact on both health assets and productivity as a whole in that overworked employees are at risk of becoming dissatisfied and suffer a real imbalance between the private and professional sphere "commented Frédéric Bleuse, CEO of Regus France.

And internationally, are teleworkers (broadly those with no fixed office) that are most likely to spend 11 hours a day at work. Not under 14% do so, against 6% for office workers fixed. They are also more likely to take work home at night to finish it. Indeed, 59% of teleworkers work at home win more than three times a week, as against 26% for office workers fixed.