Uncertain about the election, Wall Street ends in a very slight drop – Boursorama

Wall Street gets a little ( AFP/Archives )

Wall Street gets a little ( AFP/Archives )

According to the final results, the index featured Dow Jones Industrial Average has lost level 18.77 points to 18.142,42 points and the Nasdaq, to dominant technological, 0.97 a point-to-5.189,13 points. The expanded index SP500 was down 0.26 point, or 0.01%, 5.126,15 points.

“The approach of the election is dominating the markets at the moment,” summary Jack Ablin, BMO Private Bank.

“I think most investors are trying to see clearly on the latest developments”, continued Alan Skrainka of Cornerstone Wealth Management, which saw him also the explanation of a session of “quiet”.

Friday, the announcement of the reopening by the FBI of the investigation into the emails of Hillary Clinton provoked an access of excitement to the New York stock Exchange, where most analysts had been pencilling in hitherto a victory of the candidate, a democrat.

“We have seen significant changes in the polls and I think those who were very confident on the fact that this race was a foregone have no doubt”, has detailed the Alan Skrainka.

“The investors are trying to get a better idea of the scope of this issue,” said Jack Ablin.

In this context, the markets have shrugged off economic indicators as no surprise, with spending of households that were robustly increased in September and an acceleration of inflation year-on-year to climb to its highest level in nearly two years, according to the index of PCE.

“The main lesson from these figures is that the price trend PC leaves any reason to believe that the Fed is still on the path of a rate increase by the end of the year,” said Patrick O’hare of Briefing in a note.

The monetary Committee of the Fed (FOMC) meets for two days from Tuesday, but the markets do not expect to raise rates so close to the presidential election of 8 November, and rely instead on a monetary tightening in December.

- Baker Hughes falling -

The prudence of the markets has somewhat overshadowed on Monday a new round of mergers and acquisitions which have had “limited consequences to their securities,” according to Alan Skrainka.

a Member of the Dow Jones, the industrial conglomerate General Electric will combine its activities in oil and gas with Baker Hughes (-6,29% 55,40 dollars) and has lost 0.41% at 29,10 usd.

The telecommunications company CenturyLink has dropped out of 12,54% 26,58 dollars after it announced the purchase of Level 3 Communications (+3.89 per cent to 56,15 in dollars), to $ 34 billion debt understood either 66,50 dollars per share, to extend its network and service provider access to high-speed internet.

The investment firm Blackstone (-1,84% 25,03 dollars) will be acquired for $ 6.1 billion, the company specializing in the health services TeamHealth (+16,44% 42,85 dollars).

The first oil canadian Suncor declined from 2.52% to 40,25 dollars on its listing in new york after the announcement of the sale of its lubricants business Petro-Canada to the u.s. HollyFrontier, which has advanced from 4.66% to 24,95$ .

in addition, for its last day of trading as a single business, Alcoa has taken 1.23% 28,72 dollars. The aluminium giant, which launched traditionally the season of the results of the large companies, will be split from Tuesday in two separate entities.

The bond market went on. To 20H40 GMT, the yield on Treasury bills to 10-year declining to 1,827%, compared to 1,846% Friday evening, and that bills to 30 years to 2,583%, compared to 2,618% previously.

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The huge salaries of France Televisions, Le Figaro

VIDEO – Whereas the Court of auditors has published last Monday a report criticizing violently the policy to be “insufficiently rigorous” management of the group, a survey reveals salaries, exorbitant of certain employees.

The public audiovisual sector remunerates its employees as well as the private sector: this is without doubt the revelation of a major survey conducted by BFM Business. Example: Delphine Ernotte, CEO of France Télévisions, is paid a fixed salary of 322.000 euros gross per year, with a variable bonus of up to 78,000 euros, or a total of 400,000 euros gross per year. In comparison, it is the same salary as Rémy Pfimlin, former CEO of the group, but much more than that of Patrick de Carolis, who received 240,000 euros of fixed-and a bonus that could reach up to 60,000 euros.

Delphine Ernotte said that she was the double of his current salary when she was working at the direction of Orange France: it touched on so about 800,000 euros gross per year, which is two times less than the current CEO of Orange France, Stephane Richard, who is paid a fixed salary of eur 900,000 gross fixed plus a variable bonus up to the same amount. Delphine Ernotte key nevertheless the highest salary of the audiovisual group.

many of his peers also have wages very comfortable: according to the report of the Court of accounts, 191 employees of the group would affect more than 120,000 euros gross per year and 547 employees more than 96,000 euro gross per year. Similarly, the number of employees (PERMANENT full time) with gross annual earnings greater than € 70,000 has risen by nearly 57% between 2009 and 2013 and amounted to 1415 in 2015, compared to 899 in 2011. Such fees significant be explained by the number of executives employed by the group: at France Televisions, the frames represent 79% of the technical and administrative staff, and 26% of the journalists (or even 40% in the direction of the information). An extremely high rate when you know that the executives represent approximately 18% of the active population of france.

The management policy of the group sharply criticized

The Court of auditors has published last Monday a report harshly criticizing the policy of management of the audiovisual group, which it considers are “insufficiently rigorous”. The Court denounced “a reorganization inaboutie” and calls for a “reduction of expense”. The Court considers that France Télévisions has “not been able to significantly reduce its workforce”: the group now employs 5 500 people in full-time equivalents, a number that has increased by 6% between 2009 and 2015. Worse, the personnel expenses have increased by 13% between 2009 and 2015, despite two voluntary redundancy schemes. If the number of permanent positions has been reduced to 9 932 jobs in full-time equivalents, the employment non-permanent rest, according to the Court, “inadequately controlled”.

The report also denounces the accumulation of contracts between a CDI and a CDD/CDDU (fixed-term contract of use), such as those of employees on permanent contracts paid at the same time by production companies private: 182 employees on permanent contracts in France Télévisions have in parallel a CSD or a CSD in use, that is to say, a compensation of intermittent. The report presents the case of an employee having entered into 108 CDD/CDDU.

Another opaque within the group: certain employees hired on permanent contracts, full-time, and paid accordingly by France Télévisions, are at the same time being paid by production companies to be private.” Delphine Ernotte itself would therefore be less well paid than some coaches stars of public service.

France Télévisions: The salary of Delphine Ernotte revealed – 20minutes.fr

SAVING According to BFM Business, the chair of the audiovisual group could receive up to 400,000 euros gross per year, bonus included…

Delphine Ernotte, the Festival of the fiction TV of La Rochelle, on the 16th of September 2016. XAVIER LEOTY / AFP

F. R.

• • Published on 31.10.2016 17:23
  • updated the 31.10.2016 17:23

While France Télévisions has just been pinned by the Court of auditors, these revelations are a mess. Delphine Ernotte, chair of the audiovisual group, is paid a fixed salary of 322.000 euros gross per year, which can add a bonus of up to 78.000 euro, advance BFM Business.

According to the site, this amount is two times less important than the one she felt when she was at the direction of Orange, but it is identical to the one that received Rémy Pfimlin, his predecessor, and especially lower than that of Patrick de Carolis, who émargeait to 240,000 euros gross fixed, and could hope for a bonus of 60,000 euros maximum.

BFM Business points out that, according to the estimates, Delphine Ernotte key two to three times less than the facilitators headlights of the channels of the France Télévisions group, which are paid by production companies that are external.

according To the Court of auditors 191 employees from France Tvs would affect more than 120,000 euros gross per year, 547 other, more than 96,000 euro and 1.415 more than 70,000 euros. The report of the experts of the rue Cambon denounces practices ” questionable “, as in the case of employees on permanent contracts who receive an additional remuneration from, for example, a production company and externally.

The median salary at France Télévisions is 49.320 € gross in 2015, in other words, there are as many employees who perceive a higher amount of employees that affect an amount lower than this amount. The average salary, himself, was of 62.900 euros in 2014.

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Nice / Lyon : the privatisation of the airports is formalized – Boursier.com

The process was initiated in march last. These two disposals should bring in € 1.8 billion to the State…

(Boursier.com) — The privatisation of the airports of Nice and Lyon is now recognised, so that two decrees have been published in the Official Journal on Monday.

Long process

The State has in effect ceded 60% of its stake held in the share capital of the company Airports of the Côte d’azur to the consortium constituted by the Italian company Atlantia SpA, Aeroporti di Roma SpA and Electricité de France.

similarly, the State has authorized the companies of Vinci Airports, Predica and the Caisse des dépôts et consignations to resume the participation of the State (60%) in the Lyon airport.

The process of the sale of these two airports was initiated last march. To be validated, it must still be the subject of a consultation of representatives of employees and an opinion of the competition Authority, recently said the ministry of Finance.

€ 1.8 billion

According to a source close to the folder polled by Reuters, these two operations should bring around 1.8 billion euros (1.22 billion for Nice and 535 million for Lyon), while the sale of 49,99% of the capital of the Toulouse Blagnac airport in 2014 to a consortium of chinese Symbiosis had reported 308 million euros.

These disposals should enable the State to finance the energy sector. The government is committed to injecting three billion euros in EDF in order to strengthen the financial structure of the group. He also promised to participate in the recapitalization of Areva, of which the total amount will reach five billion euros…

Marianne April — ©2016, Fellow.com

Transfer from the airports of Nice and Lyon : the State makes it a good deal ? – Franceinfo

Nice (Alpes-Maritimes) and Lyon (Rhône), third and fourth largest French airport, and soon in the hands of private shareholders. It is now official, the government sold 60% of the shares it held in the two airports. That of the Côte d’azur will be operated until 2044 by an Italian consortium. For Lyon-Saint-Exupéry, the French companies that will to switching until 2047.

The privatization, which should allow the State to pocket almost € 1.8 billion. A nice financial transaction, while the two airports have reported less than 12 million euros in dividends this year. In Lyon, the privatization of Saint-Éxupéry was claimed for a long time by the local contractors. Last year, the airport of Toulouse had already been sold to a consortium of chinese. A transaction that was reported a little more than 300 million euros to the State. Bercy account to reinvest the money in airports in other public enterprises such as EDF or Areva in poor health.

JT

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Alstom and Bombardier set to win the “contract of the century” – Europe1

The “contract of the century” to renew the RER ile-de-france to be precise. After the media specialist Mobilettre, Alstom and Bombardier are expected to win this strategic agreement, an information confirmed by Europe 1. The two companies, which saw their order book is empty dangerously, so what to do to turn their factory for a few years. On the other hand, the new one is more difficult to accept for the competitor CAF, which was considered to have good chances of winning. All the more that the shadow of a political decision hangs over this choice.

what is this “contract of the century” ? The greater paris area, is constantly trying to favor public transport at the expense of the car, but this policy is running up against a limit, especially for the inhabitants of the large and small crowns : a regional express network (RER aging, punctuality random and crowded trains which are always on some portions. The union of transport of Ile-de-France (Stif) has therefore decided to renovate some of the lines, even to the extend as it is the case of the RER E, but also to renew its rolling stock. A call for tender was launched in may 2013, quickly dubbed “the contract of the century”, and for good reason : it is to build 270 trains RER NG (new generation) by 2022 for a total of between 3 and 3.5 billion euros. 124 trains must be assigned to the RER line E, while line D must get a hundred.

That was on the ranks ? Three rail manufacturers emerged with all the more gusto that orders railways are increasingly rare in France. The first candidate is Alstom, which has made about him at the start of the school threatening to close down its site in Belfort, and getting the State of a command surprise of twenty high-speed trains.

The Canadian Bombardier is also vying and has partnered with Alstom to put all the chances on his side. Like his French counterpart, Bombardier has not hesitated to consider the worst if it does not sink quickly as a contract : its French factory in Crespin, in the North, has no “command to produce beyond the 1st quarter of 2019″, highlighted in mid-October, the president of the French subsidiary. However, the difference of Alstom, who is doing very well with the exception of France, Bombardier encounter real difficulties and is in a full restructuring.

The third candidate is the Spanish CAF, which has a plant in Bagnères de Bigorre. And as the presidential campaign, that approach is conducive to calls for help, CAF has also warned that there would be little work at the end of 2018 and that he was desperately in need of orders.

Why Alstom and Bombardier are going to take. Facing three enterprises lack of orders in France, the State was highly anticipated and has decided to call in an auditing firm to compare offers and thus avoid being accused of favoring this or that group. This study would have led to the choice of the offer of the tandem Alstom – Bombardier because it is the only one able to follow the pace set by the buyer : provide 70 trains per year.

The offer of CAF ruled out despite more competitive prices. The constructor Spanish, therefore, would have been rejected because of its size : it has a hundred employees in France, compared to 1,000 for Alstom in Valenciennes and 2,200 for Bombardier at Crespin. But this explanation has difficulties to pass from CAF, which ensures that he would have been able to hire 500 employees and rely on other plants of the group located in Spain. If the choice of Alstom-Bombardier is confirmed, it would be much more difficult to accept that FCA proposed a price more competitive than its competitors.

A decision purely economic or also political ? The constructor Spanish is all the more surprising that he says that the audit ordered by the State was not foreseen in the tender. Moreover, it was launched without warning at the beginning of the month of October, that is to say, just after the Alstom case : several observers question the timing of this audit, which can be seen as an indirect way to legitimize the choice of the French constructor.

If the government has decided to call in an outside service provider, it is precisely to avoid this kind of suspicion. But in rejecting the offer of CAF, the State savings also a likely controversy a few months of the presidential election : of 3,200 jobs are under threat in the North, barely mitigated by the promise of 500 new hires in the South-West. By choosing, on the contrary, the joint offer of Alstom and Bombardier, the risk of social degradation is limited to 100 positions. All these reasons have led CAF to reserve the right to challenge the result of this call for tender, once it is formalized. And to reiterate its threat to close its French site if no order is passed in the coming months. The French rail sector is a decidedly explosive.

The AACC formally signed at Brussels, but his future remains uncertain – The World

Officially signed on Sunday 30 October, the treaty of free trade between the EU and Canada will now have to be ratified by 38 national and regional Parliaments of the countries of the Union.

World | 31.10.2016 to 06h38 • updated 31.10.2016 at 10h59 | By Jean-Pierre Stroobants (Brussels, european office)

Marked by bad luck : the official signing of the AACC, the comprehensive treaty for free trade between the european Union and Canada, had to be, once again, delayed, Sunday, October 30, following a technical incident occurred after the departure of the aircraft of the canadian prime minister, Justin Trudeau. He had to turn back for the outage is repaired. And, on his arrival at the building of the european Council, the euphoria was not to put : a few hundred demonstrators had been brushed with red facade and the service order. A dozen protesters were arrested after penetrating into the lock of safety of the building.

It is thus, finally, on the blow of 14 hours that has been endorsed this agreement described as ” history “ by all the participants, during a meeting called the ” summit “, more because of its symbolic significance and its content. The european heads of State were absent – they had signified their agreement by a written procedure at the end of the week – and represented by the president of the Council, Donald Tusk.

Read also : Canada says it is “cautiously optimistic” for the future of the commercial treaty AACC

The fierce opposition of Wallonia and of its minister-president Paul Magnette, had led to an initial postponement of the meeting of euro-canadian, originally scheduled for Thursday, October 27. The european institutions wanted to forget more quickly to this failure. Where the organization is very unusual, a Sunday afternoon, this session of signing, that there was no justification really. Apart from the desire to occupy, and, on the other, the field of the media.

During the press conference that followed the signing, Mr. Trudeau, Mr. Tusk and the president of the european Commission, Jean-Claude Juncker, has been stressed by all the drug’s potential benefits of the AACC and of the agreement of ” strategic partnership “ associated with it : the end of customs barriers, boost investments, job creation ” better quality “, defence of public services and the protection of the environment, etc, ” I am vexed that we could think that we wanted to sacrifice the rights of workers ” added Mr Juncker.

when asked about the opposition to this treaty and others that might follow (any mention of TTIP, or Tafta, which could unite one day Americans and Europeans, has been avoided), the three leaders adopted a mild tone. the ” free trade and globalization to protect, but few people understand and believe, said Mr Tusk. the It is necessary to convince them. “” Those who are in the street need to hear and, if possible, listen to as well. We have nothing sold on our main values “, renchérissait Mr Juncker.

Asked to react to the vivid concerns expressed by the walloon region, Mr. Trudeau has skillfully kicked into touch, not responding to the assertion that the AACC could be the “Trojan horse” of the TTIP. Mr Tusk judge, as to him, that the debate generated by Mr. Magnette has even been ” profitable “, forcing the issue ” credible information “ citizens.

also Read : Paul Magnette, the irreducible Walloon

” We have never threatened “

Mr Juncker, he is swept away. If it is said to be ” grateful “ to Mr. Magnette to have thanked the Committee for its positive role in the negotiation, he concentrated fire on the Centre démocrate humaniste, a partner in power in Wallonia. The president, Benoît Lutgen, had denounced the threats exerted on the belgian French-language and behavior ” offender “, according to him, the colleague european. the ” We have never threatened “, said Mr Juncker, who invited Belgium to ” reflecting on the mode of operation of the institutions for international relations “.

the text of The CETA will now have to be ratified by the european Parliament, probably in early 2017, which will allow implementation on a provisional and partial. Then, no less than 38 meetings, national or regional, will have to decide. Procedures that could take several years and seem to, now, full of uncertainties : the in-depth review of the original text by the Walloons will probably wake up the passions of some members of parliament who had, until then, not pay great attention to the AACC.

In Germany, the Bundestag is expected to say yes, the two members of the ” grand coalition ” y is favorable. The social democratic Party (SPD), the opponents have been placed in a minority, the result of a vote obtained by Sigmar Gabriel, party chairman and minister of the economy. The Bundesrat will also vote according to a procedure which is not determined. One of these procedures would allow the Greens and Die Linke – that participate in the twelve regional governments in sixteen – block the process.

Reluctance in several european countries

In Austria, where strong reservations were expressed, the Parliament should adopt the AACC, even if the trade unions are very powerful, there are still opposed to it. The ÖVP (conservative) is in control of the ministry of the economy, but the far right wing of the FPÖ is opposed to the project, is pushing for a referendum. The Parliament should therefore ratify the text quickly, in any case before the next parliamentary elections, the FPÖ is almost sure to win.

In Hungary, the Fidesz party of the prime minister, Viktor Orban, has long maintained the blur on his position. Now, he displays his support for the text. The government finally judged that the agreement will benefit the Hungarian companies.

If the judges of Luxembourg make a judgment negative, this is one of the principal bases of the treaty which could collapse

in The netherlands, where farmers and antiglobalization movements have supported the fight of Wallonia, the text should reap a large majority in Parliament. The government, however, is not immune to a surprise. The anti-europeans have blocked, since April, another treaty, one that was to involve the european Union and Ukraine.

In Luxembourg, the elected representatives should ratify the agreement, even if a recent mobilization of 5,000 people – impressive given the size of the country – has weighed on the discussions. The Greens, in power, may pay, on election, their rallying. The socialists, the other partners in the liberal Xavier Bettel, hide evil in their divisions.

Read : TTIP and CETA: “Our SMES will not be the first beneficiaries of these future agreements”

consultation, as required by the Wallonia and the whole of Belgium, the european Court of justice regarding arbitration mechanisms (with judges appointed by States, but presumed independent) poses another threat to the entry into force of the agreement : if the judges of Luxembourg make a stop-negative – in a year, at best, and only if the procedure is fast, it is one of the principal bases of the treaty which could collapse.

The airports of Nice and Lyon officially privatized – Air-Journal

The State announced yesterday a partial privatization of managers airports of Nice-Côte d’azur and Lyon Saint Exupery, the sale of 60% of the capital that he had to report $ 1.76 billion euros.

The arrested published on October 30, 2016 in the Official Journal formalizing the sale of the participation of the state in the Airports of Nice, the manager of the airports of Nice, Cannes-Mandelieu and Saint-Tropez, the consortium Azzurra, “a company under Italian law, constituted by the companies Atlantia SpA, Aeroporti di Roma SpA and Electricité de France” (1,222 billion euros, concession until 2044) ; on the other hand, the participation of the state in Lyon goes to the consortium under French law incorporated by the companies of Vinci Airports and Predica, and by the Caisse des dépôts et consignations ” (535 Million euros, concession until 2047). These decrees come to formalize the decision announced in late July by the ministry of finance, and the closure of the privatisation process for the two main airports of province. A Nice as in Lyon, the remaining 40% of the capital are in the hands of public shareholders local . The partial privatisation of the manager of Toulouse-Blagnac had reported 300 million euros.

The State pointed out during the award of the two concessions that the arrival at the capital of the management companies of the airports in a private investor experienced and committed to the long-term had to enable ” to provide strong prospects for the development of the airport and its territory, and thus contribute to the attractiveness and vitality of the entire regional economy, as has been the case in Europe during previous operations, including in Belgium, in Germany, the United Kingdom and Italy “. Before recalling that he retains ” in its role as licensor, the levers to ensure the robustness of the economic society and the fulfilment of the requirements related to the public service airport, particularly in matters of security and the taking into account of the environmental issues “. Managers of partially privatized remain subject regulation of tariffs of airport fees by the Indepen dent Supervisory Authority, which ” shall approve each year these rates and ensure that they evolve so moderate “, and the State remains the owner of the infrastructure.

A first reaction fell Sunday evening : the Association against the Extension and the Nuisances of the Airport of Lyon St Exupéry (ACENAS) said in a press release fear ” the consequences of this operation, which will lead to a doubling of air traffic and the creation of a mega-area freight for the south of Europe. The inhabitants refuse to be sacrificed with the increase of the nuisance and the proven impacts on their health “. According to the association, Vinci has already announced its desire to increase traffic “while no concrete provision has been made for the 100.000 residents affected by the nuisance of airport, road and rail ” of the platform. Night flying ” constitute a real public health problem, known to authorities but to this day they are still not banned, despite the injunctions “. The ACENAS fears “real explosion noise, and calls for urgent imp lementation of a curfew ” ; it has also filed appeal to the Council of State (April 2016) and before the Administrative Tribunal of Paris (September 2016) against the specification and the selection of the consortium led by Vinci.

http://www.air-journal.fr/2016-10-31-les-aeroports-de-nice-et-lyon-officiellement-privatises-5171858.html

The privatisation of the airports of Nice and Lyon formalized – The Echoes

01 minute

Les Echos The 30/10 19:15updated 20:15

And three. After the airport of Toulouse acquired in 2014 by chinese investors , the partial privatization of the airports of Nice and Lyon has been made official Sunday by two decrees published in the official Journal, which confirms the assignment to two consortia to separate the 60% participation of the State in each of the two airports.

Bercy was announced at the end of July the winners of the tender for the partial privatisation of the first two regional airports in French. The participation of the State in the airport of Nice had been assigned to a consortium consisting of the Italian Atlantia, of the Rome airport and EDF Invest, and the one in Lyon airport to a consortium made up of Vinci, Caisse des dépôts (CDC) and the group Predica.

But the assignments should still be the subject of a consultation of representatives of employees and an opinion of the competition Authority, had then said the ministries of Economy and Finance in their joint communiqué designating these buyers prospective.

the money to pay off debt

the Two orders dated October 28 and signed by the secretary of State for Transport Alain Vidalies, published Sunday in the official Journal, confirms these operations.

“The transfer of the 60% stake held by the State in the share capital of the company Airports of the Côte d’azur in a company under Italian law, constituted by the companies Atlantia SpA, Aeroporti di Roma SpA and Electricité de France is authorised,” said the first .

“The transfer of the 60% stake held by the State in the share capital of the company Airports of Lyon to a French-law company established by the companies of Vinci Airports and Predica, and by the Caisse des dépôts et consignations is allowed,” said the second .

A source close to Bercy had said this summer that the public authorities would be about 1.8 billion euros (1.22 billion for Nice and 535 million for Lyon) from these operations and that these funds would be used for the nuclear industry of france and the debt of the State.

Source Reuters

The free trade agreement between the EU and Canada signed Sunday – The Figaro

for The Belgians getting in his signature for several weeks, after many disagreements, internal and tens of meetings. Finally, the AACC has been signed on Sunday.

the EU and Canada have signed this Sunday in Brussels treaty of free trade (CETA), delayed by sharp disagreements internal to the belgians, an episode which makes uncertain the next step: ratification required by each of the different Parliaments of the countries of the Union. “Patience!”, has launched the president of the european Commission Jean-Claude Juncker the Prime minister of canada Justin Trudeau to his arrival shortly after noon at the headquarters of the Council of the EU.

“The difficult things are difficult, but we were able to succeed,” said Trudeau. “Well played!”, he also said to the president of the Council Donald Tusk. Has the outside of the building, a few dozen demonstrators chanted slogans hostile to the AACC, and brandished placards. The signature could be further delayed: this morning, the flight of the canadian Prime minister has been delayed for an hour and a half due to a problem of plane technique from Ottawa!

” [But in fact] that the treaty provides for free trade between Canada and the EU?

” That got the Belgians on the AACC?

The AACC, which aims mainly to remove tariffs with a country friend, representing 1.6% of its imports and 2.0% of its exports, has faced these last days in a runaway policy and a dramatization of the issues surrounding his signature. It all started in Belgium, more precisely of one of its regions, French-speaking Wallonia (3.6 million people), of which the Parliament has refused to approve the AACC, as provided for in the Constitution. In the absence of consensus belgian, impossible to get an agreement for the EU, which has seen its credibility undermined. If “Europe is unable to sign a commercial agreement progressive with a country like Canada, with which Europe think-does it make business in the years to come?”, has tancé Justin Trudeau.

Become the voice of the opponents to the AACC, the Walloons feared the consequences of the treaty on agriculture. They were largely concerned with the possibility for a multinational company to attack a State that would adopt a public policy contrary to its interests. Not left to a court of private arbitrate these disputes, have repeated the anti-CETA walloons, demanding guarantees, without which they do not grant them carte blanche to belgian federal government. The slowness of the “discussions” led to the cancellation of a summit with Canada expected on Thursday in Brussels.

A compromise agreement belgian eventually fell on Thursday mid-day, a few pages, which will be amended to the treaty. A “AACC fix (…) is more just than the old AACC”, targué the head of the walloon government, the socialist Paul Magnette. No change, in fact: statements reiterating the provisions already included in the treaty, advances in the mode of appointment of judges of the arbitration court, and the announcement by the Belgium, she will ask the Court of justice of the EU (CJEU) to verify the compliance of that court with the european law.

“Nothing is easy in Belgium, but few things are impossible,” summary Saturday, with irony, the belgian foreign minister, Didier Reynders, relieved. As soon as the agreement “intrabelge” concluded, it only took a few hours to EU on Friday to get the green light of the other 27 member States, and then organize this new summit. After the signing ceremony, the treaty will be ratified by the Parliaments in europe and canada before entering the application in a partial and provisional. The EU will then be faced with another mountain: its necessary ratification by the various national and regional Parliaments of its member States, in order for it to become final. A task that, in the light of psychodrama belgian, looks delicate.

The promotional campaign has already begun: the AACC is “an agreement modern and progressive, opening the door to new opportunities, while protecting important interests,” argued Robert Fico, the Slovak Prime minister, whose country ensures the rotating presidency of the EU. “It has the potential to define the way forward for future trade agreements”, he noted, while another trans-atlantic agreement, although more ambitious but even more contested, the TTIP (or Tafta), negotiated with the United States. Another puzzle.

The governor of the Bank of England to the output – Le Figaro

the governor of the Bank of England (BoE), Mark Carney, could announce his departure from the head of the institution, say on Sunday, several british media, citing tensions with the First british minister Theresa May. The Canadian, whose contract expires in 2018, has the option to extend until 2021 and should announce its decision by the end of the year, according to the BoE. However, according to the british press, his decision is already made : the Sunday Times of judge the governor’s “disenchanted” by the conservative government of Theresa May, citing two anonymous sources who worked at his side before he takes up his duties in 2013.

According to the Telegraph, Mr. Carney could even announce his decision to leave the BoE in 2018 as soon as Wednesday. The governor drew the wrath of the fringe eurosceptic british tories, after having warned against the adverse consequences of Brexit on the uk economy during the referendum campaign on the output of the european Union.

In a speech given at the annual conference of the conservative party at the beginning of October, Theresa May criticised the policy of the Bank of England, holding, inter alia, that interest rates are too low according to her, were detrimental to investors. Questioned by a parliamentary committee on Tuesday on his willingness to stay or not at the head of the BoE, Mark Carney has responded that its decision would be “entirely personal”. “We must not see in this decision something of politics,” he said.

“Like everyone, I have a personal situation to manage. This is a function that requires to be devoted to you completely, and I intend to be for as long as possible”, he pointed out, however, explaining that it would be their “only criteria” to make his choice. Contacted by AFP, a spokesman for the Bank of England declined to comment. The uk minister for Business Greg Clark has ruled on Sunday on the BBC that the decision was the sole responsibility of the governor, saying that he had done a “fantastic job” at the head of the institution.

The uncertain future of the AACC after the signing of the treaty – The World

Officially signed on Sunday, the treaty of free trade between the EU and Canada will now have to be ratified by the national and regional Parliaments of the countries of the Union.

World | 30.10.2016 at 14h05 • updated 30.10.2016 at 16h46 | By Jean-Pierre Stroobants (Brussels, european office (with the european correspondents)

Marked as ” no chance “. The official signing of the CETA, the comprehensive treaty for free trade between the european Union and Canada, had to be once again delayed, on Sunday, October 30, following a technical incident occurred after the departure of the aircraft of the prime minister Justin Trudeau. The device had to turn back to be repaired. And on his arrival at the building of the european Council, in Brussels, the canadian leader has been able to see that the euphoria was not to put : a few hundred demonstrators had been brushed with red facade and the service order. A dozen protesters were arrested after penetrating into the lock of safety of the building.

It is thus, finally, on the blow of 14 hours that has been endorsed this agreement described as ” history “ by all the participants at a meeting called ” top “, more because of its symbolic significance and its content. The european heads of State were absent − they had marked their agreement in a written procedure at the end of the week − and represented by the president of the Council, Donald Tusk.

The fierce opposition of Wallonia and of its minister-president Paul Magnette, had led to a first report of the meeting of euro-canadian, originally scheduled for Thursday. The european institutions wanted to absolutely forget the faster the failure. Where the organization is very unusual, a Sunday afternoon, this session of signing, that there was no justification really. Apart from the desire to occupy, and, on the other, the field of the media.

Read also : understanding the AACC, the “petit-cousin” of the transatlantic treaty

” free trade and globalization to protect “

During the press conference that followed the signing, Mr. Trudeau, Mr. Tusk and Jean-Claude Juncker, the president of the european Commission, have highlighted the drug’s potential benefits of the AACC and of the agreement of ” strategic partnership “, which is associated with : end of customs barriers, boost investments, job creation ” better “, defence of public services and the protection of the environment, etc, ” I am vexed that we could think that we wanted to sacrifice the rights of workers ” said Mr Juncker.

when asked about the opposition to this treaty and to others who could follow − any mention of the TTIP, or Tafta, which could unite one day Americans and Europeans has been avoided, the three leaders adopted a mild tone. the ” free trade and globalization to protect, but few people understand and believe, said Mr Tusk. the It is necessary to convince them. “ ” I’m not criticizing those who constantly criticize. But those who are in the street need to hear and, if possible, listen to as well. We have nothing sold on our main values “, she said Mr Juncker.

On the serious reservations expressed by the walloon region, Mr. Trudeau has skillfully kicked into touch, not responding to the assertion that the AACC could be the “Trojan horse” of the TTIP. Mr Tusk judge him, that the debate generated by Mr. Magnette has even been ” profitable “, forcing the issue ” credible information “ citizens.

Mr Juncker, however, was swept away. If it is said to be ” grateful “ for Mr. Magnette to have thanked the Committee for its positive role in the negotiation, he concentrated fire on the Centre démocrate humaniste, a partner in power in Wallonia. The president, Benoit Lutgen, had denounced the threats exerted on the belgian French-language and behavior ” hoodlum “ of the Commission. the ” We have never threatened “, said Mr Juncker, who invited Belgium to ” think about their mode of institutional functioning for the international relations “.

38 assemblies should decide

the text of The CETA will now have to be ratified by the european Parliament, probably in early 2017, which will allow for the implementation of provisional and partial. Then, no less than 38 meetings, national or regional, should give their opinion in the countries of the Union. Procedures that could take several years and seem to, now, full of uncertainties : the in-depth review of the original text by the Walloons will probably wake up the passions of some parliamentarians who had, heretofore, not paid great attention to the AACC.

In Germany, the Bundestag is expected to say ” yes “, the two members of the ” grand coalition “with y is favorable. For the SPD, the opponents have been placed in a minority following a vote obtained by Sigmar Gabriel, party chairman and minister of the economy. The Bundesrat will also vote according to a procedure which is not determined. One of them would to the Greens and Die Linke, who are participating in 12 regional governments on 16, to block the process.

In Austria, where strong reservations were expressed, the Parliament should adopt the AACC even if the trade unions are very powerful, there are still opposed to it. The ÖVP (conservative) is in control of the ministry of the economy, but the extreme right freedom party is against the project and calls for a referendum. The Parliament should therefore ratify the text quickly, in any case before the next parliamentary elections that the FPÖ is almost sure to win.

In Hungary, the Fidesz party of prime minister Viktor Orban has long maintained the blur on his position. It now displays its support for the text, the government is considering finally that the agreement will benefit the Hungarian companies.

Read also : After the signing of the AACC, its ratification remains fraught

arbitration

in The netherlands, where farmers and antiglobalization movements have supported the fight of Wallonia, the text should reap a large majority in Parliament. The government, however, is not immune to a surprise if a mobilization was organized to demand a referendum. The movements antieuropéens have blocked it, since last April, another treaty, the one who had to associate with the EU and Ukraine.

In Luxembourg, the elected representatives should ratify the treaty even if a recent mobilization of 5,000 people, impressive given the size of the country, has weighed on the discussions. The Greens, in power, are likely to pay dearly at election time for their rallying. The socialists, the other partners in the liberal Xavier Bettel, hide evil in their divisions.

consultation, as required by the Wallonia and the whole of Belgium, the european Court of justice regarding arbitration mechanisms (with judges appointed by the States, but presumed independent) poses another threat to the entry into force of the agreement : if the judges of Luxembourg make a stop-negative − in a year at best, and only if the procedure is fast, it is one of the principal bases of the treaty which could collapse.

Aacc : the EU and Canada will sign a formal agreement – The Point

After weeks of internal disagreement in Belgium, the european Union and Canada have formally signed Sunday in Brussels their free trade agreement (Ceta). “Patience !”, has launched the president of the european Commission Jean-Claude Juncker the Prime minister of canada Justin Trudeau to his arrival shortly after noon at the headquarters of the Council of the EU. “The difficult things are difficult, but we were able to succeed,” said Justin Trudeau. “Well played !”, he also said to the president of the european Council Donald Tusk.

outside the building, a few dozen demonstrators chanted slogans hostile to the Aacc and brandished placards – “Citizens before the multinationals” – the sound of drums. They have also launched the red paint. The canadian Prime minister, which was delayed an hour and a half due to a technical problem of the aircraft from Ottawa, was waiting since many days that the Europeans settle their bisbilles so that the agreement can be signed. An umpteenth european crisis, in an EU already rocked by the Brexit, the crisis of migrants and terrorism.

Credibility reached

The Aacc, which aims mainly to remove tariffs with a country friend, representing 1.6% of its imports and 2.0% of its exports, has faced these last days in a runaway policy and a dramatization of the issues surrounding his signature. This umpteenth european crisis is part of Belgium, more precisely of one of its regions, French-speaking Wallonia (3.6 million people), of which the Parliament has refused to approve the Aacc, as provided for in the belgian Constitution. In the absence of consensus belgian, it was not possible to have a european agreement.

The credibility of the european Union has been launched. If “Europe is unable to sign a commercial agreement progressive with a country like Canada, with which Europe think-does it do business in the years to come ?”, has tancé Justin Trudeau. Become the voice of the opponents to the Aacc, the Walloons feared the consequences of the treaty on agriculture. They were largely concerned with the possibility for a multinational company to attack a State that would adopt a public policy contrary to its interests.

No question of letting a court of private arbitrate these disputes, have repeated the anti-Ceta walloons, demanding guarantees, without which they do not grant them carte blanche to belgian federal government. The slowness of the “discussions” led to the cancellation of a summit with Canada expected on Thursday in Brussels. The EU has made low-profile : not a statement, not a tweet that would have run the risk of disrupting these laborious negotiations belgo-belgians. “We respect the democratic process”, have repeated the question of whether its spokesman.

a long process

The compromise agreement belgian eventually fell on Thursday mid-day, a few pages that will be amended to the treaty. A “Aacc fix (…) is more just than the old Aacc”, targué the head of the walloon government, the socialist Paul Magnette. No change, in fact : statements reiterating the provisions already included in the treaty, advances in the mode of appointment of judges of the arbitration court, and the announcement by the Belgium, she will ask the Court of justice of the EU (CJEU) to verify the compliance of that court with the european law. “Nothing is easy in Belgium, but few things are impossible,” summary Saturday, with irony, the belgian foreign minister, Didier Reynders, relieved.

as Soon as the agreement “intrabelge” concluded, the EU decided to beat the iron while it is still warm. It took a few hours Friday to get the green light of the other 27 member States, and then decide on the heels of organizing a new summit as soon as Sunday. After the signing ceremony, the treaty must be ratified by the Parliaments in europe and canada before entering the application in a partial and provisional.

The EU must now face another mountain : its necessary ratification by the various national and regional Parliaments of the countries of the EU so that it becomes final. A task that, in the light of psychodrama belgian, is not going to be easy. The promotion campaign has already started : the Aacc is “an agreement modern and progressive, opening the door to new opportunities, while protecting important interests,” argued Robert Fico, the Slovak Prime minister (whose country ensures the rotating presidency of the EU). “In addition, it has the potential to define the way forward for future trade agreements”, he noted, while another trans-atlantic agreement, more ambitious but even more contested, the TTIP (or Tafta), negotiated with the United States. Another puzzle…

The big day for the Ceta – The Point

clearly, the path that leads to the Aacc is fraught with pitfalls. The plane taking the canadian Prime minister, Justin Trudeau with Brussels has had technical problems and had to turn back, before taking off again late Saturday. According to the daily newspaper Toronto Star, the theft of Justin Trudeau to Brussels first had a delay of approximately 90 minutes, and then had to return to the Ottawa airport because of technical problems found on the flaps of wings, a half-hour after take-off. According to media reports, the aircraft was once again taken off shortly after.

beyond this anecdote, this Sunday should mark the epilogue of a long series. “Mission accomplished!” welcomed the president of the EU Council, Donald Tusk, once obtained, late Friday night, the indispensable approval of the 28 member States, paving the way for the signing. “Excellent news, well looking forward to it !”, he immediately replied Justin Trudeau, ready for several days to jump in the air to reach Brussels and waiting for the Europeans to settle their bisbilles.

Credibility reached

Both messages are positive and pragmatic, but that did not dispel entirely the unease of an EU already rocked by the Brexit, the crisis of migrants and terrorism, after the runaway politics and the dramatization of issues that have surrounded the signing of this agreement, which aims to remove customs duties with a friend. This umpteenth european crisis is part of Belgium, more precisely of one of its regions, French-speaking Wallonia (3.6 million people), of which the Parliament has refused to approve the Aacc, as provided for in the belgian Constitution. In the absence of consensus belgian, it was not possible to have a european agreement.

The credibility of the european Union has been launched. If “Europe is unable to sign a commercial agreement progressive with a country like Canada, with which Europe think-does it make business in the years to come ?”, has tancé Justin Trudeau. Become the voice of the opponents to the Aacc, the Walloons feared the consequences of the treaty on agriculture. They were largely concerned with the possibility for a multinational company to attack a State that would adopt a public policy contrary to its interests.

No question of letting a court of private arbitrate these disputes, have repeated the anti-Ceta walloons, demanding guarantees, without which they do not grant them carte blanche to belgian federal government. The slowness of the “discussions” led to the cancellation of a summit with Canada expected on Thursday in Brussels. The EU has made low-profile : not a statement, not a tweet that would have run the risk of disrupting these laborious negotiations belgo-belgians. “We respect the democratic process”, have repeated the question of whether its spokesman.

a long process

The compromise agreement belgian eventually fell on Thursday mid-day, a few pages, which will be amended to the treaty. A “Aacc fix (…) is more just than the old AACC”, targué the head of the walloon government, the socialist Paul Magnette. No change, in fact : statements reiterating the provisions already included in the treaty, advances in the mode of appointment of judges of the arbitration court, and the announcement by the Belgium, she will ask the Court of justice of the EU (CJEU) to verify the compliance of that court with the european law. “Nothing is easy in Belgium, but few things are impossible,” summary Saturday, with irony, the belgian foreign minister, Didier Reynders, relieved.

as Soon as the agreement “intrabelge” concluded, the EU decided to beat the iron while it is still warm. It took a few hours Friday to get the green light of the other 27 member States, and then decide on the heels of organizing a new summit as soon as Sunday. After the signing ceremony, the treaty will be ratified by the Parliaments in europe and canada before entering the application in a partial and provisional.

The EU will then be faced with another mountain : its necessary ratification by the various national and regional Parliaments of the countries of the EU so that it becomes final. A task that, in the light of psychodrama belgian, is not going to be easy. The promotion campaign has already started: the Aacc is “an agreement modern and progressive, opening the door to new opportunities, while protecting important interests,” argued Robert Fico, the Slovak Prime minister (whose country ensures the rotating presidency of the EU). “In addition, it has the potential to define the way forward for future trade agreements”, he noted, while another trans-atlantic agreement, more ambitious but even more contested, the TTIP (or Tafta), negotiated with the United States. Another puzzle…

Alstom : the elected officials of Belfort remind, the branch – Point

Less than a month after the agreement reached between the management of Alstom and the State to save the site of Belfort, voices are raised already, to point flaws. Elected officials belfortains criticize this Saturday at the direction of Alstom to “denature” the commitments made at the beginning of October and are asking the government to enforce them. “Last October 4, in the framework of a joint declaration with the State, the commitment had been made by Alstom to invest 30 million euros in the program of development of shunting locomotives in the range H4 diesel “, explained the mayor of Belfort, Damien Meslot, the president of the county Council, Florian Bouquet, and the senator Cédric Perrin, all three of the party , The Republicans, in a press release.

” Now, now Mr. Eyméoud (Jean-Baptiste Eyméoud, managing director (France) of Alstom, NOTE) misrepresents this commitment by stating that this investment is in fact already included in a program designed for the swiss railways “, they write, asking the secretary of State for Industry to ensure that ” the obligations to which the parties are forced to be respected “.

The unions, ” fleeced “

Friday, Andre Fages, a trade union delegate CFE-CGC Alstom Belfort, had also stated to the Agency France-Presse that the unions felt “cheated” by the manner in which management intended to apply the agreement announced in early October, after the election Thursday of a central committee for the establishment at Paris. A spokesperson for Alstom has assured on Saturday that the 30 million euros would serve ” as intended to develop the platform of hybrid locomotives Prima H4 “. “In the State’s plan, there is a contract for shunting locomotives and cargo of this kind “, she added. “The objective is the development of different versions of the Prima H4 for the swiss railways and future clients “, she said.

Invoking a calendar command to be inadequate, the direction of the group French rail had announced in September its intention to transfer the production of Belfort on another site, causing an outcry among the employees, as local elected representatives and the government, which holds 20% of the vote to the board of directors of Alstom. On 4 October, the government had announced hundreds of millions of euros of orders for trains and locomotives to Alstom. For its part, the group was committed to invest in the medium term in its plant in Belfort and to diversify its activities, including electric buses.

The free trade agreement CETA will be formally signed on the 30th of November – The World

The parliaments of Wallonia, Brussels-Capital and the French Community have finally agreed to validate the treaty controversial between Canada and the European.

After two weeks of psychodrama and negotiations marathon, the Parliament of Wallonia has given its consent, Friday, October 28, at the signing of the CETA (Comprehensive Economic and Trade Agreement or comprehensive economic and trade agreement), free trade treaty between the european Union (EU) and Canada. It will be ratified at a summit on Sunday, said Donald Tusk, the president of the european Council.

The Parliament of the Brussels-Capital region and the French Community have followed suit by approving, as was expected, the agreement in the evening. The political composition of these entities, led by coalitions of socialists, is similar to that of Wallonia.

Our explanations : to understand Everything at the AACC, the “petit-cousin” of the transatlantic treaty

In Wallonia, a motion to Parliament asking the minister-president Paul Magnette of ” delegating “ to the federal government to affix the signature of the Belgium to the AACC was approved by 58 votes for and 5 against, in a plenary session extraordinary.

Mr. Magnette eventually rally Thursday to the agreement, which was negotiated over seven years by the european Commission, and Ottawa, after having fought fiercely and ripped off of the other components of the belgian federal State a ” declaration by the kingdom of Belgium “ which, according to him, reinforces the protection of the european social and environmental model.

If the federal prime minister Charles Michel, a rival policy of Mr. Magnette, says these negotiations have not ” change a comma “ to the AACC, the leader walloon is targué to have ” amended “ the treaty on several points.

” The AACC amended, the AACC corrected, is more just than the old AACC. It offers more safeguards than the former CETA, and it is this that I defend in front of you. “

And launch victorious : ” already, we can draw the lesson : with the AACC enhanced, the TTIP is dead and buried “, in reference to the other agreement transatlantic free-trade, unpopular, and far more controversial, as the EU negotiates without progressing with the United States.

“clarifications of the essential”

With the same powers as a national parliament, the walloon assembly had not failed to do since months, its reserves, which dealt in particular with the agricultural sector and the establishment of courts ad hoc to resolve disputes between multinational companies and States. Mr. Magnette estimated to have achieved ” clarifications of the essential “ in ” backup farm “ and ” protection of public services “.

The walloon government has also ensured that Belgium asks the Court of justice of the EU opinion on the conformity of the arbitration mechanism (the Investment Court System, ICS) that the AACC would provide in the event of a conflict between an investor and a State, but that would only be implemented once the treaty has been ratified by all european parliaments.

The agreements of the Brussels-Capital region and the French Community, which, with Wallonia, were the last in Europe to oppose the CETA are expected in the evening.

Belgium officially signs the Ceta – The Point

” Nothing is easy in Belgium, but few things are impossible. “It’s a good word that has tweeted the belgian foreign minister Didier Reynders, who was officially signed in the name of his country, the free trade agreement between the EU and Canada (Ceta) after weeks of discord in the internal belgian. The signing took place at the Egmont palace, the headquarters of the ministry of foreign Affairs in Brussels, in the presence of the european commissioner for Trade, Cecilia Malmström, who negotiated the agreement on behalf of the 28.

hours of negotiations

The Aacc must be signed Sunday in Brussels by the EU and Canada, in the presence of his Prime minister, Justin Trudeau. Once ratified by the european Parliament in the coming months, it will enter into application partial and provisional, the time it is approved by all national Parliaments of the member States, a procedure that can take years. Belgium, divided, met with great difficulties to find a common position on this treaty, delaying its signing by the EU as a whole. Several of its local Parliaments, beginning with that of the French-speaking region of Wallonia, are fiercely opposed, fearing for their agricultural sector, and marking their opposition to the establishment of courts ad hoc to resolve disputes between multinational companies and States.

After hours of intense negotiations, belgium finally reached agreement on a common document, as amended to the Aacc. According to this text, the Belgium will be asked notably to the Court of justice of the EU opinion on the conformity of the arbitration mechanism (ICS) that the Aacc would provide in the event of a conflict between an investor and a State, but that would only be implemented once the treaty is ratified by all national Parliaments of the Union.

Uber, Airbnb : the attempts of regulation of the platforms are multiplying in the world – The World

a british court has just recognized that drivers of Uber to the status of employees. The group is the subject of a class action in the United States and, in France, Urssaf has launched two procedures against him. Airbnb risk, the costs of tighter regulation.

World | 29.10.2016 at 09h56 | By Jérôme Marin (San Francisco, correspondence)

Sentenced on the status of its drivers in the Uk, Uber is also under threat in the United States. The society of San Francisco is in particular covered by a action under the group name (class action) in California and in Massachusetts. It was launched three years ago by a group of drivers, who believe that they should not be considered self-employed.

Read also : in The Uk, Uber condemned to treat drivers as employees,

In April, Uber was thought to have averted the danger by entering into an amicable agreement with the complainants. The company was committed to pay $ 100 million (91 million euros) to about 385 000 drivers. She had also agreed not to disable their accounts without explanation or warning, as it can currently do. But she had preserved the essential : the status of self-employed workers.

This settlement, however, was rejected in August by the judge in charge of the dossier. Reason given : it is ” unjust “ for the drivers, which could reach up to $ 1 billion in compensation. The lack of satisfactory agreement between the two parties, a trial will be held in San Francisco. In case of defeat of Uber, it is the whole of its business model, which could be called into question.

political Lobbying

Long conflict with many municipalities in the u.s., the group founded and led by Travis Kalanick is from a past master in the art of political lobbying. In recent years, he has won important victories in the United States, including New York, where the city council was trying to restrict the number of drivers, or even to Las Vegas, where the platform has been banned for several years. Uber is now available in over 200 american cities.

Austin, the Texas capital, the company and its rival Lyft suspended in may for their operations after the vote, by referendum, a law requiring fingerprint drivers. Moreover, in Massachusetts, a law passed this summer requires a tax of 20 cents on each trip to fund the transportation infrastructure. And to compensate the taxi drivers, who will receive a quarter of the amount harvested.

on the other side Of the Atlantic, London has not the monopoly of the challenge… Well, at Paris, the Union for the recovery of contributions to the social Security and family allowances (Urssaf) has initiated two procedures against Uber. The paris outpost of this administration has requalified the situation of the drivers of independent employees.

Read also : Airbnb, Zilok, Drivy : the deputies, accusing the collaborative economy.

Airbnb, another company featured in the collaborative economy., now seems even more threatened by tighter regulation. In New York, a new legislation plans to impose up to a $ 7,500 fine to the users of the service for short term rentals. This text may call into question the major part of its activity in the city. In San Francisco, Airbnb is subject to a penalty of $ 1,000 per day per unit non-compliant. Its platform is also prohibited or framed in other cities, in the United States and Europe.

Read also : Airbnb plays everything in New York

Except coup de theatre, the CETA will be signed Sunday – The Obs

“Mission accomplished ! I just agree with the Prime minister (of canada) Justin Trudeau to take an EU-Canada summit on Sunday”, tweeted on Friday, shortly before midnight, the president of the EU Council, Donald Tusk.

the EU and Canada will sign finally Sunday in Brussels their free-trade agreement (AACC) with three days of delay, putting an end to two weeks of psychodrama with the Belgium and French-speaking region of Wallonia, which was blocking this signature.

The summit will begin at 10: 30 in Brussels for a signing ceremony scheduled for noon, has clarified on Twitter her spokesman Preben Aamann.

the signature of The AACC is a “good news” and looked forward to his next canadian Prime minister Justin Trudeau, who will be present in the belgian capital. “This is a positive sign in an uncertain world”, he stated during his telephone interview with Donald Tusk, according to a source european.

The AACC is “an agreement modern and progressive, opening the door to new opportunities, while protecting important interests”, has praised Robert Fico, Slovak Prime minister, whose country currently holds the presidency of the EU Council (representing the 28 member States).

“In addition, it has the potential to pave the way to new trade agreements”, stressed Robert Fico, even though the european Union is negotiating – without progress – another transatlantic treaty with the United States, the unpopular and controversial TTIP (or TAFTA).

Ratification by the national parliaments

conclusion AACC, however, has been paralyzed in recent weeks by the internal disagreement in Belgium, several local Parliaments, the first of which are the one of Wallonia, remaining implacably hostile.

It took days and nights of negotiations marathon that Parliaments belgian reluctant eventually give the green light on Friday, allowing the federal government to get out of the impasse.

once the treaty was signed, that will have to be approved by the european Parliament.

He will come at that time under a provisional and partial, the time that it is ratified by all parliaments of the EU, a process that can take years.

Should we be afraid of the AACC?

The AACC “will remove over 99% of tariffs that are currently on the trade between the EU and Canada,” says the Council of the EU. “He sets high standards for the protection of consumers, environment and workers.”

The treaty deputy to a “declaration of the Kingdom of Belgium”

opponents of the belgians in AACC have obtained these last few days that he was assistant, among thirty other declarations of all the member States and on all subjects, a “declaration of the Kingdom of Belgium”, which, according to them, strengthens the protection of the european social and environmental model.

The”AACC amended the AACC corrected, is more just than the old AACC, it offers more safeguards than the old AACC, and it is this that I defend in front of you”, pleaded the head of the regional government of wallonia, the socialist Paul Magnette, to its Parliament on Friday.

In his speech, Paul Magnette has also warned that Wallonia would never accept a treaty that does not provide the same guarantees as the one that will bind now the EU and Canada.

“already, we can draw the lesson: with the AACC improved, the TTIP is dead and buried”, he launched to members of parliament, in reference to the other free trade agreement negotiated painstakingly with Washington.

The treaty would have had to be approved Thursday in Brussels in the presence of Justin Trudeau, but the summit had been postponed at the last minute, due to lack of agreement in belgium.

With the same powers as a national Parliament, the walloon assembly had not failed to share from the month of its reserves, which dealt in particular with the agricultural sector and the establishment of courts ad hoc to resolve disputes between multinational companies and States.

Despite intense pressure, the Walloons have stood up to the EU’s already weakened by the Brexit, threatening to plunge into a new crisis.

The walloon government has obtained that Belgium asks the Court of justice of the EU opinion on the conformity of the arbitration system (ICS) as the AACC would introduce in the event of a conflict between an investor and a State, but that would only be implemented once the treaty has been ratified by all european parliaments.

The negotiations that belgians are not “change a comma” in the AACC, as repeated Charles Michel, a rival policy, Paul Magnette, but the leader walloon is targué to have it “amended” on several points.

(With AFP)

The Aacc will be signed on Sunday in Brussels Challenges.fr

the EU and Canada will sign on Sunday 30 October in Brussels their free trade agreement (CETA), putting an end to two weeks of psychodrama with the Belgium and French-speaking region of Wallonia, which was blocking the signature. “Mission accomplished ! I just agree with the Prime minister (of canada) Justin Trudeau to take an EU-Canada summit on Sunday”, tweeted on Friday, shortly before midnight, the president of the EU Council, Donald Tusk, once obtained the approval of the 28 member States.

The summit will begin at 10: 30 (09: 30 GMT) in Brussels for a signing ceremony scheduled at noon (11.00 GMT), said on Twitter her spokesman Preben Aamann. The signing of CETA is a “great news”, welcomed the Prime minister of canada Justin Trudeau, who will be present in the belgian capital. “This is a positive sign in an uncertain world”, he stated during his telephone interview with Donald Tusk, according to a source european.

The AACC is “an agreement modern and progressive, opening the door to new opportunities, while protecting important interests”, has praised Robert Fico, Slovak Prime minister, whose country currently holds the presidency of the EU Council (representing the 28 member States). “In addition, it has the potential to pave the way to new trade agreements,” said Mr. Fico, even though the european Union is negotiating – without progress – another transatlantic treaty with the United States, the unpopular and controversial TTIP (or TAFTA).

The end of the palsy

the conclusion of The CETA, however, has been paralyzed in recent weeks by the internal disagreement in Belgium, several local Parliaments, the first of which are the one of Wallonia, remaining implacably hostile. It took days and nights of negotiations marathon that Parliaments belgian reluctant eventually give the green light on Friday, allowing the federal government to get out of the impasse.

once the treaty was signed, that will have to be approved by the european Parliament. He will enter this time under a provisional and partial, the time that it is ratified by all parliaments of the EU, a process that can take years.

The CETA “will remove over 99% of tariffs that are currently on the trade between the EU and Canada,” says the Council of the EU. “He sets high standards for the protection of consumers, environment and workers.”

opponents of the belgians at the AACC have received these last few days that he was assistant, among thirty other declarations of all the member States and on all subjects, a “declaration of the Kingdom of Belgium”, which, according to them, strengthens the protection of the european social and environmental model.

A “AACC amended”?

“The AACC amended, the AACC corrected, is more just than the old AETE, it offers more safeguards than the former CETA, and it is this that I defend in front of you”, pleaded the head of the regional government of wallonia, the socialist Paul Magnette, to its Parliament on Friday. In his speech, Mr Magnette has also warned that Wallonia would never accept a treaty that does not provide the same guarantees as the one that will bind now the EU and Canada.

“already, we can draw the lesson: with the AACC enhanced, the TTIP is dead and buried”, he launched to members of parliament, in reference to the other free trade agreement negotiated painstakingly with Washington.

The treaty would have had to be approved Thursday in Brussels in the presence of Justin Trudeau, but the summit had been postponed at the last minute, due to lack of agreement in belgium. With the same powers as a national Parliament, the walloon assembly had not failed to share from the month of its reserves, which dealt in particular with the agricultural sector and the establishment of courts ad hoc to resolve disputes between multinational companies and States.

the Reserves that the federal government of liberal Prime minister Charles Michel, european institutions and Canada had not truly taken the measure before the beginning of October. Despite intense pressures, the Walloons have stood up to the EU’s already weakened by the Brexit, threatening to plunge into a new crisis.

The walloon government has obtained that Belgium asks the Court of justice of the EU opinion on the conformity of the arbitration mechanism (ICS) that the AACC would provide in the event of a conflict between an investor and a State, but that would only be implemented once the treaty has been ratified by all european parliaments.

The negotiations that belgians are not “change a comma” in the AACC, as the repeated Charles Michel, a rival policy, Paul Magnette, but the leader walloon is targué to have it “amended” on several points.

(With AFP)

AACC : the free trade agreement between Canada and the Europeans will be signed Sunday – The World

The parliaments of Wallonia, Brussels-Capital and the French Community have agreed, Friday, to validate the treaty.

After two weeks of psychodrama and negotiations marathon, the Parliament of Wallonia has given its consent, Friday, October 28, at the signing of the CETA (Comprehensive Economic and Trade Agreement or comprehensive economic and trade agreement), free trade treaty between the european Union (EU) and Canada. It will be ratified at a summit on Sunday, said Donald Tusk, the president of the european Council.

The Parliament of the Brussels-Capital region and the French Community have followed suit by approving, as was expected, the agreement in the evening. The political composition of these entities, led by coalitions of socialists, is similar to that of Wallonia.

In Wallonia, a motion to Parliament asking the minister-president Paul Magnette of ” delegating “ to the federal government to affix the signature of the Belgium to the AACC was approved by 58 votes for and 5 against, in a plenary session extraordinary.

Mr. Magnette eventually rally Thursday to the agreement, which was negotiated over seven years by the european Commission and Ottawa, after having fought fiercely and ripped off of the other components of the belgian federal State a ” declaration by the kingdom of Belgium “ which, according to him, reinforces the protection of the european social and environmental model.

If the federal prime minister Charles Michel, a rival policy of Mr. Magnette, says these negotiations have not ” change a comma “ to the AACC, the leader walloon is targué to have ” amended “ the treaty on several points.

” The AACC amended, the AACC corrected, is more just than the old AACC. It offers more safeguards than the former CETA, and it is this that I defend in front of you. “

And launch victorious : ” already, we can draw the lesson : with the AACC enhanced, the TTIP is dead and buried “, in reference to the other agreement transatlantic free-trade, unpopular, and far more controversial, as the EU negotiates without progressing with the United States.

“clarifications of the essential”

With the same powers as a national parliament, the walloon assembly had not failed to share from the month of its reserves, which dealt in particular with the agricultural sector and the establishment of courts ad hoc to resolve disputes between multinational companies and States. Mr. Magnette estimated to have achieved ” clarifications of the essential “ in ” backup farm “ and ” protection of public services “.

The walloon government has also ensured that Belgium asks the Court of justice of the EU opinion on the conformity of the arbitration mechanism (the Investment Court System, ICS) that the AACC would provide in the event of a conflict between an investor and a State, but that would only be implemented once the treaty has been ratified by all european parliaments.

The agreements of the Brussels-Capital region and the French Community, which, with Wallonia, were the last in Europe to oppose the CETA are expected in the evening.