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

These data are likely to vary even slightly.

The pan-European Eurofirst 300 index took 1.11%. In Paris the CAC 40 gained 1.55% (49.12 points) to 3,220.46 points, its highest since Oct. 12.

In Frankfurt, the Dax gained 1.41% to 6055.27 points. The Footsie has meanwhile been 1.08% on the London.

The mining, including Antofagasta, Kazakhmys and Rio Tinto have reached the market, winning all over 7% on the right numbers of Chinese manufacturing activity.STOXX index of European raw materials ends up 5.63%.

"Markets are likely to be very erratic until the EU summit on Wednesday night," warns Thomas, however, Kleb, head of equity sales at SG CIB in Paris, noting also that transaction volumes remain extremely limited.

The euro still progressed and exceeded $ 1.39, on the hope that Europeans will manage to agree on a plan against the debt crisis.

According to a document of the European Union (EU) for the summit on Wednesday, two options should be combined to increase the firepower of the European Financial Stability Fund (EFSF), namely an insurance scheme and a special investment vehicle able to buy government bonds.

"The Commission staff are conducting a general review of index funds including on the sufficiency of the information provided to investors, the levels of liquidity and transparency of the underlying instruments in which the index products (FTE) invest, the accuracy valuations, the effectiveness of arbitration and the relationship between market volatility and FTEs, "said Eileen Rominger, Director of the Division of Investment Management at the SEC.

According to the text of a planned intervention Wednesday before members of Congress, the official stressed that the survey also aims to "gather and analyze detailed data on specific products."

This assessment is the second SEC investigation related to investment companies, after the commission decided in August to gather opinions on the potential risks of the use of derivatives by mutual funds ("mutual funds' ), ETFs and other structured funds.

ETFs, such as those managed by BlackRock, State Street and Vanguard Group, are financial products reproducing the weighting of an index and therefore its performance.Since their introduction in the 1990s, they took off to about 1,000 billion in assets (724.7 billion euros).

However, certain types of incidents and some ETF market, as the "flash crash" ('flash crash') of 6 May 2010, have fueled concerns of regulators, who fear that these index funds do not contribute to volatility markets and pose problems for the less informed investors.

During the 'flash crash', for example, ETFs have experienced massive changes in the meeting and represented 70% of aborted transactions.This incident prompted the SEC and stock exchange operators to set up a system of "circuit breaker".

The SEC also began to focus on leveraged ETF, used to multiply the gains, ETF and reversed, that achieve the performance opposite to that of the underlying index.

Thefts from shops are starting to rebound in France between the mid-2010 and mid-2011, rising 2.9% in value, according to a study published Tuesday, pointing a "professionalization" of shoplifting .The study, conducted in 43 countries by the Centre for Research in the distribution (Center for Retail Research, based in England) from 1187 groups to the security company Checkpoint Systems, as the "shrink", that is ie the difference between theoretical and actual stocks, resulting from theft, but also of administrative errors or suppliers.

In France, the bill for the distributors is rising again, to reconnect with a sum amounting to two years ago, 4.9 billion euros, or 1.40% of turnover, against 4.7 billion euros, or 1.36% of sales a year ago. The equivalent, according to the study of an annual tax of 200 euros per household. Retailers believe that the flights are 44% committed by customers, 30.1% and 7.2% staff from suppliers.

The shoplifting is becoming more professional

"Thieves better information more easily thwart the standard features of security and those who get caught are the thieves who are casual, with smaller amounts," he told AFP Cedric Brossard, marketing director for the textile division of Europe Checkpoint Systems. "There is a professionalization of the flight," which becomes "a real job for some people with real orders," he said, citing "a lot of distributors who believe they have experienced an increase in organized crime." "Whenever there is a new product, it may generate a black market," he added.Conversely, he does not think that inflation on food products has had a significant impact on the increase in theft, noting for example that the coffee was already one of the most stolen.

In Europe, the thefts have increased more strongly than in France, 7.8%, but to a lesser extent, or 1.39% of sales of 36.23 billion euros. The average amount of shoplifting it was down 17.5% to 93.85 euros and the flight staff down 27% to 1,381.4 euros. Globally, the flights were up 6.6% to 88.88 billion euros, or 1.45% of sales distributors, against 1.36% a year ahead. Always at the center of envy, products expensive brands and smaller, easier to conceal and to spare."The flights do not give priority to basic necessities," the study said.

Fashion accessories among the most stolen

Among the most stolen items, fashion accessories, food products high-end such as meals and spirits, articles health / beauty products such as shaving and perfume, or technology products, such as MP3 players and smartphones. In Europe, the increase in shrinkage occurred despite an increase of almost 2% to 8.45 billion euros in spending on security and loss prevention, or 0.30% of turnover Distributors. "Those who have limited or theft managed to bring it down have introduced a multitude of solutions, unfortunately there is not a quick fix," said Mr. Brossard.The number of shoplifters and dishonest employees arrested by the distributors of the year under review exceeded 6 million, according to the study.

The Dow Jones gained 1.44% or 153.41 points at 10,808.71 points. The Standard & Poor's 500 benchmark fund managers, was awarded 24.72 points or 2.25% at 1123.95 points. The Nasdaq composite has been 2.95% or 68.99 points to 2404.82 points.

The U.S. stock market at large had lost 18% over the last four months, affected by poor economic growth around the world and concerns about the deficit countries in the euro area.

The magnitude of these losses out of the woods investors on the lookout for buying opportunities.In particular, they set their sights on tech stocks and banking.

"We buy a few shares. We stick to companies with strong balance sheets, or with a global presence in emerging markets, certainly not in the financial services area," said Kim Forrest, an analyst at Fort Pitt Capital Group in Pittsburgh.

Some other investors, however, favored the bank. The index of the financial sector, down nearly 30% since the market peak reached on April 29, ended up 4.1%.

The remarks of the President of the Federal Reserve were also able to help cheer the fellows.The Fed, Ben Bernanke said, is ready to take further steps to support economy "almost staggering," clearly referring to the will of the central bank to intervene further to ensure that the U.S. fall into recession.

In terms of values, Apple, including the presentation of the new iPhone has disappointed, ended down by 0.56% to 372.50 dollars. The value has sharply reduced its losses late in the session along with the market went back.

Bank of America, in session after reaching its lowest level since March 2009, ended with a gain of 4.15% to 5.76 dollars.

Citigroup rebounded by 5.5% and Morgan Stanley from 12.3% to 14.01 dollars.The value is down 48.5% this year.

Sears Holdings soared 11.7% to 63.94 dollars.

About 12.9 billion shares changed hands on the New York Stock Exchange, the Nasdaq and the Amex, more than 60% more than the usual daily average since the beginning of the year.

"Gold is one of the few assets that remained in positive territory this year (…), so when investors are looking for money, they sell assets that have underperformed.Basically, gold is a victim of its own success, "wrote in a note Edel Tully, an analyst at UBS.

The price of spot gold was trading at 1,623.19 dollars per ounce to 11:25 GMT, down some 3%.

During the last three days, gold has fallen nearly 10%, its biggest decline in this time interval since February 1983.

"This shows that in times of extreme stress, there is no adequate substitute for liquidity," said Tom Kendall, an analyst at Credit Suisse.

Gold has dropped more than $ 100 last Friday's rebound against the greenback and rumors of liquidation of positions by large hedge funds.

The lack of consensus for a solution to the crisis of sovereign debt in the euro area has pushed gold to new heights this year, reaching more than 1,900 dollars per ounce.

"The increase in the volatility of gold prices was a clear indication that gold was no longer a low-risk assets," said Nic Brown, on commodities strategist at Natixis.

"Either we proceed immediately to implement significant structural reforms and monitor the dynamics of the debt or we face a dramatic situation," said Greek central banker in an interview to the newspaper "Sunday Real News".

For the man who sits on the Board of Governors of the European Central Bank (ECB), the realization by the firm BlackRock Solutions for an audit of the loan portfolios of Greek banks should help them to regain access to market financing.