AFP - The rating agency Fitch Ratings said Friday it lowered the rating to three notches from the long-term debt of Greece, Athens has denied a penalty as not taking into account its commitments to intensify recovery efforts economy.
This degradation, preceded in January by a notch down from the Greek notes, to "B +" cons "BB +" reflects "the extent of the challenge" facing the country to implement the tax reform agenda and Structural necessary to reduce its debt and deficit, Fitch said in a statement.
"Further austerity measures are needed to fulfill the objective of a deficit reaching 7.5% of GDP in 2011," partly because of lower tax revenues than expected, "she says.
The decision "does not take into account the additional commitments that the Greek government has already taken to achieve its budget target in 2011 and accelerate its privatization program," responded the Greek Ministry of Finance in a statement.
The ministry said that these new measures, including guidelines were unveiled in mid-April but that Greece had to strengthen and clarify under pressure from its creditors EU and IMF, should be announced shortly, usually in early next week.
The rating agency said its new note incorporates its expectations of new grant "substantial" from the European Union and the International Monetary Fund in the country.
This additional loan of 110 billion made in May 2011 is currently under discussion, given the likely inability to return the country to raise capital on schedule in 2012.
Fitch believes that such an extension would eliminate the prospect of a "soft restructuring or reshaping" of the Greek debt would amount to an agency by default.
The new Fitch degradation brought Greece into the speculative grade "countries that do little security for repayment," according to the classification established by the agency.
The rating of short-term debt was maintained at "B".The prospect of these two notes is "negative", which implies that the agency does not lower them further over the medium term.
The agency announced this degradation while long rates Greeks beat a new record on Friday, rising above 16.5%, after breaking the taboo until then prevailing in Europe about the prospect of a debt restructuring Hellenic .
If the option of a discount is excluded, the rescheduling is now posed, including the leader of the finance ministers of the eurozone, Jean-Claude Juncker, despite the firm opposition of the Bank European Central Bank (ECB).
Creditors of Greece, however, are unanimous in requiring it more austerity measures, as well as the acceleration and intensification of a privatization program meant to deflate the debt relating to the country 50 billion by 2015 .
Even before the sanction of the agency, the Greek Finance Minister George Papaconstantinou, had highlighted its determination to follow these injunctions: "it is time to go faster, everything must be done and everything must be done now, "he said in Parliament Friday.
Fitch Ratings was the latest rating agency to tilt in January of Greece in the category of debt issuers "rotten" ("junk bonds"), saying that despite "significant progress" in the country to reduce its deficit public, it still faces "significant effort" to regain the confidence of borrowers.
Friday, May 20, 2011
The agency Fitch lowered the rating of Greece
Tuesday, April 26, 2011
TERRORISM: AQIM releases video of four French nationals held hostage in the Sahel
Al-Qaeda in Islamic Maghreb (AQIM) has released a video Tuesday of four messages containing French hostages in Niger, begging Nicolas Sarkozy to withdraw French troops from Afghanistan, as the U.S. central monitoring Islamist websites (SITE).
Video 3 minutes and 36 seconds shows successive pictures of Peter Legrand, Daniel Larribe, Thierry and Marc Furrer Dol with armed men behind them.
They come in succession the same text and pronounce a few words by: "We implore the President of the French Republic Nicolas Sarkozy to respond positively to the request of Al-Qaeda to withdraw French troops from Afghanistan. Because the French No have really no interest in the war in Afghanistan. "
The records date from 11, 12 or 13 April according to the claims of the hostages by appearing.
By last weekend, a source close to the current mediation had already repeated qu'Aqmi demanded the departure of French troops from Afghanistan in more than a ransom of 90 million euros made in March and rejected by the France.
In late September, two weeks after their abduction in the Sahel, Arlit (Niger), AQIM had posted a picture and an audio recording of the seven hostages - Areva employees and a subcontractor - including five French.
Since February 24, three of the hostages (one French, a Togolese and a Malagasy) have been released, which was interpreted by experts as an attempt to negotiate AQIM, which has pledged allegiance to Al Qaeda and its leader Osama bin Laden.
On several occasions, al-Qaeda has demanded the withdrawal of French troops from Afghanistan in exchange for the hostages' release.France has some 3,800 soldiers in the Afghan theater.
In November, in a recording broadcast on Qatar TV station Al-Jazeera, the head of AQIM, the Algerian Abdelmalek Droukdel, said: "(If you) want your citizens who are prisoners here are healthy and sound, then you should hurry up and withdraw your soldiers from Afghanistan according to a timetable that you make public. "
In an audio message, Osama bin Laden himself had warned in late October that France would not know security until it withdraws its troops from Afghanistan and would not put an end to its "injustice" to the against Muslims, citing in particular the law banning the full veil in public.On 21 January, in an audio message, the network leader had once linked the fate of French hostages to the withdrawal of French forces.
AQIM, which has stepped up kidnappings of Westerners in recent years, announced in July 2010 the implementation of humanitarian Germaneau Michel, whose body was never found.
Two young French, Antoine and Vincent Léocour Delory, abducted Jan. 7 in Niamey by kidnappers working for AQIM were killed the next day in Mali during a Franco-Nigerien military to free them.
Tuesday, April 19, 2011
FRANCE: Nicolas Sarkozy defended the proposed bonus to employees
Reuters - A year after the presidential election, Nicolas Sarkozy has confirmed its willingness to share with employees the resumption of dividends in defending its proposed special bonus for staff of all businesses across France.
When the government recently renewed the freezing point index of officials, he reiterated the need at the same time for the state to save money by reducing its workforce, including Education.
A symbolic shift in the Ardennes
To revive the topic of purchasing power, the head of state was symbolically chose the Ardennes, a region of old industry hard hit by the crisis when he mentioned the "France-suffering" and who "gets up early" in a speech marking the campaign that would bring him to the Elysee Palace in 2007."I asked the government to provide a device that will ensure that in the crisis, employees and the French workers have the feeling that reflects their efforts and there is more justice," Has he said to justify its proposed premium.
The terms of this bonus, criticized in advance by the social partners, will be known "in the days to come."
As previously announced, the companies that distribute dividends up will have to negotiate with unions to determine the amount.Budget Minister Francois Baroin, spoke of a magnitude of 1,000 euros.
"For small businesses, the government is prepared to tell all those who would pay an exceptional bonus of being exempt from social contributions," said Nicolas Sarkozy, adding: "Naturally, we do not require but encourage them .
He was speaking to employees of a smelter Vrigne aux Bois, near Charleville, which has weathered the crisis without reducing its workforce even if she has to manage a decline of 35% of its turnover in 2009.She now uses tax-free overtime to meet a workload whose level exceeds that of the pre-crisis.
"France that gets up early is good, but it would still have to have a decent wage"
"As we emerge from the crisis, I would not understand, I will not accept that we do not consider to give additional purchasing power to employees and workers," said Chief has yet to state.
He justified his initiative by the fact that the negotiations opened two years ago at his request by the social partners on the distribution of value "have not moved an inch."
"I assure you, I am not a socialist, I am not the left (but) my duty is to think consistently, sensibly and fairly. "
The CEO of the Ardennes Cast, Nicolas Grosdidier, told the press waiting to learn more about this premium to comment while suggesting that a group like his, which employs 800 people and identifies "best year net profit of 1.5% to 2% of sales (170 million euros), would struggle to pay it."France that gets up early is good but it would it be a living wage," said Nadine Baudion for its part, CFDT delegate, stressing that company employees were receiving the RSA ( social income of autonomy) in addition to their compensation.
Speaking later to the Department of Mayors meeting in Renwez, Nicolas Sarkozy stressed the need for France to reduce its deficits "to avoid it is in the situation in Portugal, Greece or the Ireland, and even today the United States, which are under the threat of lowering their ratings.
"I understand your objections, class closures, closures of post office.I ask you to think in French citizens. We need to make savings to avoid the tragedy of a country too much debt, "he said.
The educational community who are concerned about the impact on the coming year of continued non-replacement of staff on two retiring, he replied that the National Education has seen its numbers grow in recent years and that should now reform the organization.
"If it were enough to hire more teachers to solve every problem, there should be no problem in education," he said.
Saturday, April 16, 2011
SYRIA: Bashar al-Assad announced the imminent abolition of emergency law
AFP - Syrian President Bashar al-Assad said Saturday that the emergency law, in force since 1963, would be abolished in a week maximum, in a speech before the new government broadcast on public television.
The abolition of emergency law, in force since 1962 and which substantially reduces civil liberties, is one of the main demands of protesters who are calling for a liberalization of the regime.
"The Legal Committee on the Emergency Law has developed a series of proposals for new legislation.These proposals will be submitted to the government that will enact laws (...) in a week maximum, "said Assad.
Faced with this unprecedented protest movement of the regime that began in mid-March, the authorities have shown their willingness to adopt reforms.
In late March, Mr. Assad was given until April 25 to a legal committee to draft new legislation to replace the emergency law.
Sunday, April 3, 2011
COTE D'IVOIRE: Calm in a precarious Abidjan delivered to insecurity and looting
AFP - The battle of Abidjan was experiencing a lull on Sunday morning around the last bastions defended by followers of Ivorian President Laurent Gbagbo out, holding their positions for more than three days, residents said, and AFP journalists.
In the Plateau (center), the Presidential Palace district, only a few sporadic shots of heavy weapons were heard off in the morning, while during part of Friday afternoon the firing had been very intense, it was found.
In the Cocody district (north), in a wide area including the presidential residence and state television RTI, "during the night by pulling it here and there, heavy and light weapons", reported a capita."But there was no real fighting, only sporadic gunfire.
Since their arrival in Abidjan on Thursday evening after a lightning offensive that has allowed them to conquer nearly all of the country, the forces of Alassane Ouattara, President recognized by the international community, attempting unsuccessfully to drive the pro-Gbagbo of their strongholds while Abidjan comes to violence and looting.
Wednesday, March 23, 2011
Liveblogging: Follow live events in Libya and the Arab world
Latest Highlights in Libya:
In a statement released Tuesday, the Libyan leader said his country was "ready for battle, whether long or short," adding: "We will win this battle." The intervention of Western armies has grounded the Libyan planes and halted the advance of troops Gaddafi to Benghazi, a stronghold of insurgents. However, the rebels fail to gain ground. Paris, Washington and London have agreed that NATO could play a "key role" in the command of future operations in Libya. Relatives of Colonel Muammar Gaddafi came into contact with allies in Libya to find an exit to the conflict, said Tuesday the U.S. Secretary of State Hillary Clinton on ABC.If you want to follow the liveblogging from a smartphone, click here.
Monday, March 14, 2011
JAPAN: The use of nuclear power challenged by the accident in Fukushima
While Japan is struggling to avoid a major nuclear accident, the anti-nuclear protest in Europe is growing and gaining political ground. Demonstrations against the atom have collected several thousand people this weekend in Germany, and a few hundred people in Paris and the United Kingdom. Monday, at a time when new explosions resounded in the Fukushima-Daiichi plant - the unit closest to the epicenter of the earthquake that devastated Japan March 11 and was severely damaged by the tsunami that s 'is followed - many governments do not hide their concern.
Worldwide, the problems occurred at the Fukushima plant caused a chain reaction. "The accident in Japan has changed the world.We must ask ourselves an industry that was previously considered safe, "has released a German radio Gunther Oettinger, European Commissioner for Energy, before calling for a summit devoted to European nuclear safety.
Austria, it has required that tests be conducted on the European nuclear power plants to assess their resistance in case of earthquake. In the process, Germany has announced it does not ultimately lengthen the life of his own, going against a controversial decision it had taken last year.Switzerland, meanwhile, has suspended plans to renew its facilities, while India has ordered the audit of all its atomic plants.
The United Kingdom, which was considering him an important stimulus for its nuclear industry now seems to want to take time to reflect before embarking on such a project while in the United States, legislators have called for a moratorium on atomic energy.
A serious setback for the global nuclear industry
Finally in France, the second largest producer of nuclear energy worldwide, the government has reacted more lukewarm, excluding question his energy policy.The Environment Minister Nathalie Kosciusko-Morizet, had nice talk "very serious nuclear accident" and "high risk of catastrophe", she also advised to "avoid falling into the runaway at European Union ". Sunday night on RTL, Henri Guaino, special advisor to Nicolas Sarkozy, has even gone so far as to say that the accident at the Fukushima plant "should instead promote the French nuclear industry, which is characterized" by its concern security ".
Yet the Japanese crisis represents a serious setback for the global nuclear industry.Monday morning, concern has spread to stock markets, as evidenced in Paris, the fall in prices - 8% and 4% respectively - the French group Areva, the world's nuclear and EDF, the first nuclear electrician world. A fall that, officially, does not worry unduly Areva: "This is the law of the market, these reactions to hot", indicated in the day Monday a spokesman for the group. It is true that after the disasters at Three Mile Island in 1979 and Chernobyl in 1986, the global nuclear industry had finally overcome.
"A before and after Fukushima"
Within the French nuclear group, however, the atmosphere is not as serene sought to suggest."For the moment we are waiting," said a company employee who wishes to remain anonymous. It is a crossroads for nuclear. If the reactors [the central Fukushima] take, it help to demonstrate the robustness of the facilities and to demonstrate that risks are taken into account. But if it goes wrong, there may be an impact on the prospects for nuclear development and its commercial opportunities. Be that as it may, the psychological impact on people will be striking and is likely to revive debate on the acceptability of nuclear power. "
For anti-nuclear organizations and the European Green parties anyway, the debate is (re) started and the battle is just beginning."There will be a before and after Fukushima, as there was a before and after Chernobyl," said Xavier Rabilloud example, spokesman for the network Sortir du nucléaire. For him, the "requests for verification of nuclear states are made by a clear admission that the safety in nuclear power is an illusion and that no one can keep the population from nuclear accidents.
Thursday, March 10, 2011
Liveblogging: Back on the events of Thursday in Libya and the Arab world
REUTERS - The cons-offensive Libyan forces to take over the city fell three weeks ago at the hands of insurgents hostile to the regime of Muammar Gaddafi continued Thursday as the West is still hesitating on how to support them.
The head of U.S. intelligence, James Clapper, has predicted that the forces Gaddafi, the better equipped than the rebels, would eventually prevail.Colonel Gaddafi is ready for a long struggle, he said, and nothing suggests that he relinquish power.
Saif al Islam Gaddafi's son, has confirmed that the time had come to launch a full military offensive against insurgents and negotiations with them were out of question.
France became the first Western power to recognize the National Council of Libya (NOC) in Benghazi proclaimed by the insurgents.London followed a similar line, calling the NOC a "valid interlocutor" with which he wished
"Working closely".
But EU foreign ministers meeting in Brussels, even if they have reaffirmed their desire to see Qaddafi from power, appeared divided on this issue.
The representative of European diplomacy, Catherine Ashton, said that one should not rush "of matter in the unilateral recognition of certain groups."
"From our perspective, any recognition should be conducted by the Arab League and discussed at the UN.This is not to be a unilateral decision, "said his spokesman.
Tanks, airplanes, ships bombard Ras Lanuf
Catherine Ashton, who attended a simultaneous meeting of defense ministers of NATO in the Belgian capital, also argues that any European initiative on
establishing a no-fly zone in Libya should be taken in close coordination with the UN and the Arab League.
The secretary general of NATO, Anders Fogh Rasmussen, said any military operation, including the establishment of such a zone should meet three criteria: the need
demonstrable intervention, a clear mandate and support in the region.
The EU summit to be held Friday, still in Brussels, France would propose a strategic action plan to stop the murderous repression of the uprising in Libya, said one of the emissaries of the NLC received in the morning by the
President Nicolas Sarkozy.
Field, east of Tripoli, tanks, aircraft and ships bombed the Libyan insurgent positions in Ras Lanuf, which houses a major oil terminal, has reported
a rebel, citing several deaths.
The official TV announced that insurgents had been driven out of port and airport Es Sider, another oil terminal, 40 km west of Ras Lanuf.
Insurgents have also reported an airstrike on Mars el Brega, a third oil terminal, located 90 km east of Ras Lanuf, suggesting that the loyalists have not
only stopped the progression of anti-Gaddafi westward but regained ground towards their eastern strongholds.
Zaouïah surrounded on all sides
Even if the fighting around the oil terminals in the Gulf of Sirte rage, there is no indication that Gadhafi forces seeking to destroy their facilities.But oil prices nonetheless continue to soar.
The Libyan authorities repress the tanker ports because of the depletion of oil deposits due to supply disruptions because of fighting.
To the west, the loyalist forces encircled the town devastated Zaouiah, about fifty kilometers from the capital, where insurgents continue to resist despite the
deadly fighting in recent days.
"The government forces surround Zaouïah everywhere. We do not know who controls the center. It changes all the time.Battles are fought street by street, "reported an exile who has been in contact with a relative in
suburbs of the city.
The insurgents, carried far by the hope that they could enter their lead in Tripoli from their stronghold in Benghazi, now admit their difficulties in
holding their own against an opponent with a superior firepower.
The deadly weapons of Gaddafi
"Gadhafi could prevail. With planes, tanks, mortars and rockets. It would be nice that there is a no-fly zone," said an insurgent.
The U.S. Department of Defense said examine "a range" of military options, including such a zone.U.S. General Raymond Odierno said that in case of international consensus, the establishment of this zone would only take 48 hours.
But, noting, too, the need for a green light from the international community, Secretary of State, Hillary Clinton has ruled out any unilateral action by Washington, which it says could have "unpredictable consequences".
She also expressed the concern of the United States to the possible possession of chemical weapons by the Gaddafi regime, and other "things dreaded" it might have in his arsenal.
In Geneva, the Committee inernational of the Red Cross said that Libya was plunging into a civil war with mounting casualties.
Thursday, March 3, 2011
Wikileaks: The Bradley Manning soldier accused of collusion with the enemy "
The American military justice has added 22 new charges against the soldier Bradley Manning, a former military intelligence analyst accused of pirating hundreds of thousands of federal documents that were found on Wikileaks.
Manning would illegally obtaining these records while serving in Iraq.He is held in Quantico, a basic body of U.S. Marines in Virginia.
In a statement, the military said Wednesday that the new charges against him include in particular the charges of aiding the enemy and participation in the unlawful disclosure of information on the Internet.
Bradley Manning, who is 23 years old, had already been prosecuted for such downloaded and sent to an unauthorized person confidential video of the attack in 2007 in Baghdad by a U.S. military helicopter.Ten
people were killed, including two employees of Reuters.
The army says it will not claim the death penalty against Manning, even if the charge of aiding the enemy is punishable by death. But the former analyst risk life imprisonment.
His trial was postponed time that a commission's decision on his mental state.
Julian Assange, the Australian founder of the website Wikileaks, has denied knowing Bradley Manning. He accuses the U.S. of using the detained soldier to build a case against him.
Wednesday, February 23, 2011
24 IMAGES SECOND: Audio: Caesar seen by the editor of France 24
With 11 nominations at the 36th ceremony of Caesar, the film by Xavier Beauvois' Of Men and Gods "collect in advance the honors of the profession that brand again its distance from the box office by ignoring" Little Tissues "from Guillaume Canet and "Camping 2" Fabien Onteniente.
After a great year for cinema hexagonal (over 206 million cinema admissions, 35% for French films), appointments spend yet most beautiful successes of 2010, "Potiche" to "Tour "from" The Heartbreaker "to" The Ghost Writer "by Roman Polanski.
The Academy of Caesar accompanies the unexpected triumph of the film by Xavier Beauvois (more than 3 million viewers), already crowned by the Grand Jury Prize at Cannes, "Of Men and Gods," which recounts the fate of the monks of Tibehirine , abducted and murdered in Algeria in 1996, is quoted in ten categories.
It is proposed to Cesar for best film, best director, best original screenplay, best sound, picture editing, best costumes, sets, best actor Lambert Wilson and twice for Best Actor in a Supporting Role Michael Lonsdale and Olivier Rabourdin.
Nominees in major categories:
Best Film
"The Heartbreaker" by Pascal Chaumeil, "The Name of the people" by Michel Leclerc, "The Ghost Writer" by Roman Polanski; "Tour" Mathieu Amalric, "Of Men and Gods" by Xavier Beauvois; "Gainsbourg, life heroic "by Joann Sfar;" Mammuth "Benoit Delepine and Gustave Kervern.Dr. Nolan, "The Social Network" by David Fincher, "Invictus" by Clint Eastwood, "Bright Star" by Jane Campion; "Heartbeats" by Xavier Dolan, "In his eyes" by Juan Jose Campanella; "Illegal" d Olivier Masset Depasse.
Best First Film
Simon Werner disappeared "Fabrice Gobert," The Heartbreaker "by Pascal Chaumeil," Gainsbourg, heroic life "by Joann Sfar;" All That Glitters "Géraldine Nakache
"Turk's Head" by Pascal Elbe
A Caesar of honor will be awarded by the Academy to the American director Quentin Tarantino during the Feb. 25 ceremony will be broadcast live at 21:00 Clear Channel Canal +.
Sunday, January 23, 2011
Hu Jintao conceded that there is "much to do" on human rights
AFP - Human Rights were invited Wednesday to the state visit of Hu Jintao to Washington, which saw the president and his Chinese counterpart, Barack Obama displayed the determination to overcome the "friction" commercial on the bottom of juicy contracts.
"China recognizes, but also respects the universality of human rights but at the same time we believe that we must take into account different national circumstances in terms of human rights," saidHu during a joint press conference with Bush.
"China is a developing country with a very large population and also a developing country which is undergoing crucial reforms," he added, while admitting, after being repeatedly asked by American journalists, that " much rest (has) to China "on it and promising to improve the situation.
For his part, Obama has ensured he was "very open" to signify to Mr. Hu's American views "on the universality of certain rights, freedom of expression, religion and association."He also wanted "dialogue between China and the Dalai Lama to resolve differences while preserving the religious identity of the Tibetan people," while hundreds of activists demonstrating in front of this because the White House.
However, the name of jailed Chinese dissident and Nobel Peace Liu Xiaobo was not pronounced during the press conference.
45 billion worth of contracts
Obama, who met Hu for the eighth time in two years and participated with him at a summit with leaders of major American companies, said he hoped the two countries could put behind them the "friction" of the past and "We remove the old stereotypes."
Mr.Hu, for his part promised that his country would boost its domestic demand and consumption, treating American companies duly registered in China on an equal footing, and praised the "bright future" of trade between the two countries.
Washington has also announced the signing of contracts in China valued at $ 45 billion with U.S. companies, including an order for 200 Boeing aircraft with a total value estimated at 19 billion responding to the desire to see Obama Americans enjoy more of the economic expansion of China, which could have been a double-digit growth in 2010, according to unofficial statistics.
The apple of discord currency, intellectual property, nuclear
At the press conference, Mr.Obama did not ignore the points of contention, as the undervaluation of the Chinese currency, again claiming an "adjustment". However, he praised the "flexibility of China's currency" and layout of Beijing in the fight against intellectual property theft.
But MM.Hu and Obama have also said their points of convergence, especially on nuclear issues of North Korea and Iran, saying the Chinese president also hoped for more cooperation between Chinese and American militaries.
Leaders must be found in the evening for a very formal state dinner, only the third in two years of President Obama.
Invited, on ABC, to say if the two giants of the early twenty-first century were friends or foes, Secretary of State Hillary Clinton said that "if we are rolling out the red carpet for President Hu, is that we feel that we can better answer this question, advancing. "
"My hope is that we have a normal relationship," she added, while the leader of the Democratic majority in the Senate and an ally of Mr. Obama, Harry Reid, left reflected the distrust of many Americans toward China in calling Hu a "dictator", before retracting.