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The U.S. trade deficit widened slightly more than expected in December and the negative balance of trade between the U.S. and China on a new record the entire 2011-295500000000 dollars.

The monthly deficit in the overall balance of trade stood at $ 48.8 billion, showed the statistics released Friday by the Commerce Department, as imports reached their highest level since July 2008.

Analysts polled by Reuters on average expected a figure of 48.0 billion. The November deficit was revised to $ 47.1 billion against 47.75 billion originally announced.

U.S. exports rose slightly in December (0.7%), but nearly two times less than imports (+1.3%).

Over the full year 2011, the trade deficit increased by 11.6% to 558.0 billion, a level not seen since 2008.

Exports grew by 14.5%, exceeding for the first time the threshold of 2,100 billion, while imports recorded an increase of 13.8%, to nearly 2700 billion.

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Values ​​to follow on Wednesday at the Paris Bourse, where the CAC 40 advances 0.57% to 3,430.96 points at 12:15, investors hoping that in Greece, leaders policies validate the draft agreement on the reforms demanded by its lenders in exchange for the second aid package of 130 billion euros.

* THE BANKING among the main beneficiaries of the market in hopes of a solution in Greece, while the European Financial Stability Fund (EFSF) will, according to Director General ral Assistant Christopher Frankel, probably have to play a key role in restoring the situation of the Greek debt.

FARM CREDIT advance of 3.74%, 2.91% BNP Paribas and Societe Generale 2.48%. The Stoxx sector index was 1.25% grants.

* The CYCLIC also benefit from the possible impact on growth in the euro area of ​​a favorable outcome to the crisis in Greece. ALCATEL-LUCENT rose 1.86%, 1.78% of Renault and Lafarge of 1.33%. The Stoxx auto sector is 1.21% and the resource base 1.33%.

* ArcelorMittal (4.25%) is ahead of increases in the CAC 40, the value advantage as the eve of its earnings forecast for 2012, and its solid fundamentals judged by the market ;.

* VINCI (1.79%) said Tuesday night expect a stabilization of its operating margin in 2012 to its 2011 level, in a context of expected stagnation in activity due to uncertainties in Europe.

* TF1 (7.29%) is ahead of increases in the SBF 120 and M6 earns 2.51%, Bank of America Merrill Lynch has raised its recommendation on the two values ​​of "neutral" to "buy" . 

* NEXANS (6.98%), the world of cable, said he was confident for 2012 after a year 2011 marked by strong organic growth but also by a net loss of 178 million euros, a result of provisions related to an investigation of European competition authorities.

* KLÉPIERRE (1.84%) will propose for 2011 a dividend up 7.4%, to 1.45 euros per share, after last year's growth of 3 , 6% of rent, but the land has made no comment on the possible reduction of the participation of BNP Paribas.

* A reverse trend, SANOFI (-1.75%) shows the largest decrease in the CAC 40, 2012 announcing the exercise more difficult than last year with the loss of patents of several of its major EM ; medicines, including its anticoagulant Plavix. 

* EADS lost 1.24% while the euro rose against the greenback in morning its highest level since mid-December to 1.3290 dollars.

* BOURBON (-2.49%) signed the largest decrease in the SBF 120 on profit-taking, analysts said, after rising 29% since the beginning of the year . The group reported an acceleration of growth in the fourth quarter of 2011, which allowed him to cross the symbolic milestone of one billion euros in annual sales, and pre see a continued improvement in 2012.

* FAURECIA lost 1.32% after a gain of 37% between late December and February 7. The supplier has confirmed its 2015 target of sales after a strong 2011 for the automotive supplier, with North America and China and despite an expected slowdown in 2012 in part because of Europe.

PSA Peugeot Citroën, which owns 57.4% of Faurecia, gaining 2.08%.

* THALES (-1.36%) has published an annual turnover down 1% and slightly below market expectations, but confirmed its operating margin targets for 2011 and 2012.

* ADP was down 1.04%. HSBC lowered its guidance on the title to "underweight", against "neutral".

GDF Suez plans to hire nearly 10,000 people in France this year, says its CEO Mestrallet in an interview with Le Monde, published on Monday.

"In 2012, we will hire 7,600 people in CDI and CDD in 2500," he said.

Since the merger between Suez and Gaz de France in 2008, the group has invested "more than 10 billion euros in France, employed 30,000 people and 7,000 signed contracts alternately," added Mestrallet.

"Globally, the group will maintain its investments to the tune of 30 billion euros over 2011-2013, while maintaining a sound financial structure to prepare for recovery."

GDF Suez will publish its 2011 results on Thursday.

Facebook has made Wednesday a first step towards what will undoubtedly be the IPO the most anticipated of the year, an operation likely to Mark Zuckerberg, founder of the first global networking site, the sixth my largest personal fortune in the world.

The company, founded in February 2004 in a dormitory at Harvard by Mark Zuckerberg, was subject to Exchange Commission a draft on the market that would remove five billion dollars (3.8 billion).

The operation, which promises to be the largest operation of its kind developed for a company in Silicon Valley, is expected by mid-year. It could enhance Facebook to about $ 100 billion.

In documents submitted to the Securities & Exchange Commission (SEC), said Facebook as 845 million active users.

The group adds that in 2011 registered a turnover of 3.71 billion, from 85% of advertising revenue, and net income of one billion, an 65% increase compared to 2010.

Facebook has selected Morgan Stanley, Goldman Sachs, JPMorgan as leaders of the operation. The other "book makers" are Bank of America Merrill Lynch, Barclays Capital and Allen & Co.

In documents filed with the SEC, it is stated that the base salary of Mark Zuckerberg is $ 500,000, which sum will be reduced to one dollar from 1 January 2013, the bonus of the founder Facebook of being stood at 220,500 dollars in the first half of 2011.

Zuckerberg FACEBOOK COMPARE TO THE PRESS AND TV

"We often talk of inventions such as print and television. Today, our society has reached a turning point, "Zuckerberg wrote in a letter accompanying the documents.

" There is a huge need and huge opportunity to ensure that everyone is connected, to give everyone a voice and contribute to the transformation of society. The extent of technology and infrastructure to be built is unprecedented, "said he.

Total

securities held by Mark Zuckerberg Facebook -1.11 billion-worth some $ 33 billion, based on the value per share of 29.76 dollars per share assigned by the company to its shares on 31 De ; December 2011.

Besides Mark Zuckerberg, who owns 56.9% of the voting rights of the company, the capital before introduction Facebook Stock Exchange is essentially divided between Greylock Partners, Meritech Capital Partners and Technologies DigitalSky and contractors Reid Hoffman, Mark Pincus and Sean Parker.

Group said it employed 3,200 full-time employees at the end of 2011, representing a total increase of 50% compared to 2010. 

Facebook says that its sales would "suffer a negative impact" of the increased use of its services on mobile devices, unless the group starts to run ads on these applications.

Some think that Facebook could raise more than five billion dollars projected in documents sent to the SEC, which further widen the gap between the IPO of the community site and that of Other Internet-related companies that made their debut stock in recent years.

The online game developer Zynga, which contributed 12% of the turnover of Facebook in 2011, has raised a billion dollars at the end of last year. 

At its IPO in May 2011, the professional social network dedicated to LinkedIn, has raised $ 350 million via a placing of shares in the stock market valued at $ 8.9 billion.

In 2004, the Internet giant Google had sold nearly two billion dollars of shares in its IPO.

According to a survey, less than a third of French say they are willing to buy the French public debt. The survey refers to the success of the "day Treasury Bills" in Italy where the people were invited to invest in government debt. It goes from 8.86 to 9 euros gross time to reach 1,365 euros for 35 hours, or about 1,073 euros net per month.

Less than a third of French say they probably or definitely willing to buy the French public debt if they were given the opportunity, according to a Harris poll for the site information and the agency Jolpress Image & Strategy to be published Tuesday in the Tribune . Only 6% of French people would buy "certainly" the debt of the country at rates comparable to those charged by banks, and 24% would buy "probably" of such bonds, said the survey.

The Greek economy contracted by 5.2% annually in the third quarter, according to preliminary estimates by the national statistics agency Elstat and released Tuesday by the European agency Eurostat.

The pace of contraction in gross domestic product (GDP), however, shows a slowdown since the third quarter decline comes after a decline of 7.4% in the second and 8.3% in the first (revised).

Despite this slight improvement, Greece appears to undergo some pout its fourth year of recession in 2011 and there is no indication that things will work out in 2012.

The fall in GDP was largely the result of a drastic reduction in wages and pensions, loss of significant numbers of jobs and an increase of taxation, the measures imposed by international rescue plan for to save the country from bankruptcy.

Greece and its creditors to expect on a 2011 contraction of 5.5% of GDP.

This is an estimate adjusted data when figures released Tuesday are not adjusted.

"A significant improvement is unlikely in the fourth quarter in light of the deteriorating conditions at work with its major trading partners, a feeling depressed household and new austerity measures which took effect in September," said Plato Monokroussos, economist at EFG Eurobank.

The new team will implement the agreement bailout $ 130 billion spent with the European Union and will be sworn in Friday at 24:00 GMT.

"I am convinced that the country's participation in the euro area is a guarantee of stability. We should all be optimistic about the outcome as we will show unity," said Prime Minister-designate.

He said no specific date had been arrested on early parliamentary elections in 2012, being that of 19 February, he said, that a preference.

The Tokyo Stock Exchange ended down 1.27% Tuesday as investors fearing a deterioration in the European debt crisis when approaching a crucial parliamentary vote in Italy.

The Nikkei lost 111.58 points to 8,655.51 and the Topix, larger yielded 12.42 points (1.66%) to 738.03.

Title Olympus plunged 29%, the group acknowledged having made M & A loans to cover losses on investments in stock dating from 1980.

Greece accelerate structural reforms to overcome the crisis, said Sunday the Greek Minister of Finance in denying the existence of problems with the donor country.

"We have passed measures that should be implemented and several structural problems for which our country should show improved results, a faster and more determined.And that's what we're doing, "said Evangelos Venizelos said in a statement.

Greece will keep its promises not because they are imposed from abroad, but "for the good of our children," he added.

Friday, discussions between the Greek authorities and inspectors of the European Union, the IMF and the ECB have been suspended for ten days, the two sides disagreeing on the reasons and extent of the delay in the Athens reduce its budget deficit.

Discussions are scheduled to resume Sept. 14.

According to Greek media this weekend, the main reason for disagreement is the refusal by Evangelos Venizelos, after consulting the Prime Minister George Papandreou, to accept additional cuts because they exacerbate the recession in a country already affected by austerity.

The finance minister has criticized these articles saying they fed "uncertainty and fear-mongering."

François Fillon will unveil in a few hours the new cost-saving measures keep the commitments to reduce public deficit. The extent of the effort is estimated at 15 billion euros. Or you can do much more. Prime Minister Francois Fillon, accompanied by Minister of Economy Baroin and budget minister Valérie Pécresse, to unveil Wednesday, August 24 to 18 hours of new measures to reduce the deficit.

François Fillon will detail on Wednesday in 18 hours the new measures of anticipated savings to meet the commitments to reduce the public deficit – 5.7% of GDP this year, 4.6% next year and 3%, the threshold set by the European treaties, in 2013. The government says the effort is to achieve additional savings of 4 billion this year and 10 billion next year.From what has leaked in the press these days, we know the main areas of government, namely a new movement of the plane on some fiscal and social niches and a tax on the richest households. Many voices have to say that these conservation measures are not sufficiently ambitious. Here's why.

Planing all the tax loopholes

In spring 2010, the government announced a movement of the plane 10% tax loopholes. In fact, only twenty – more than 500 – were planed to 10%, while many members of the majority argued for a general movement of the plane. This yield, given the cost of tax loopholes (75 billion) and social (45 billion), nearly 12 billion euros. But the government prefers, even now act on the dropper.If the overall ceiling of niches, set at 6% of income over 18,000 euros, could be lowered, only a few niches should have a new movement of the plane – 10 to 15%. These include tax relief for investments in real estate (Scellier, PTZ device Bouvard, investment in DOM, end of tax relief on capital gains from sales of second homes, etc. .).

Remove most expensive least effective

Since the introduction of the tax exemption of overtime in 2007, left-wing opposition and unions demanded its removal. They say that the device is expensive (more than 4 billion euros in lost revenue per year), reported little purchasing power, generates abuse and hiring slows. A diagnosis shared by the Court and confirmed by a recent parliament.Another workhorse of the left and the Court of Auditors: reduced VAT (5.5%) in the restoration, which took effect in 2010. This niche is more than 3 billion euros per year and its effects on employment and on consumer prices are in dispute. Other tracks: the Economic Research Service of the bank Natixis has just published a study that offers a list of 17 tax loopholes that could be terminated "without long-term damaging effects on the French economy," the authors provide. These include, in addition to VAT in the restoration and the tax exemption of overtime, the reduced rate of VAT for renovation work, the tax cut for the employment of an employee's home or Global Profit Tax System or consolidated companies. Expected gain: 20 billion euros. Las.The government plans to return only part of the tax exemption of overtime, and only a few niches are on the spot.

Tax capital in the amount of work

It is suggested that the Socialists. Another study shows just matching economic Natixis lla taxation of household wealth on the income (that is to say increase the tax rate on capital of 25 points) would release more than 40 billion euros additional tax revenues.The government plans to increase from 12.3% to 14% payroll taxes on savings (dividends and capital gains), bringing the overall level of taxation (CSG + tax) 33%, against 41 for the rate marginal income tax.

Raise taxes

In return for relief ISF voted in the tax reform Heritage in June, many members of the majority – including the President of the Senate Finance Committee, the centrist Jean Arthuis, and Chairman of the Committee on Social Affairs of the Assembly, the UMP Pierre Méhaignerie – to create a new slice of the marginal income tax at 46% against 41% today, for incomes above to 100,000 or 150,000 euros. This would yield at least 1 billion euro every year.The government has already announced that the very rich would be involved to reduce the debt of France. But it seems to favor a symbolic fee while many affluent households still largely outside the tax through countless tax loopholes. The track is now the rope is a tax of 1% to 2% on income exceeding one million euros per year. This would include 30,000 homes and bring in 150 to 300,000,000 euros.