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Manufacturing activity picked up even more than expected in April in the eurozone, its highest level in nearly four years, according to the latest estimate of the PMI for the sector released Monday, May 3 The PMI manufacturing index, which summarizes the activity in the sector, rose in April to 57.6 points from 56.6 points in March, the company said that the Markit publishes.

She has seen slightly up its first estimate on April 22, which gave an index of 57.5 points. The manufacturing PMI falls for the seventh consecutive month above the threshold of 50 points, indicating an increase in activity. At 57.6 points, he moved to its highest level since June 2006. It is driven by strong growth in manufacturing output, the largest since almost ten years (June 2000), despite a further contraction in Greece.

The index "indicates growth in manufacturing output of around double digit growth driven by exports reaching a record high in Germany and continuing in many countries," said Chris Williamson, economist at Markit. "Particularly encouraging signs of growth acceleration occur in Ireland or Spain, but" in parallel, the difficulties of Greece grew again, "he adds.

The production has recorded its best historical growth rates in Germany and Austria, and has also increased in France, Ireland, the Netherlands, Italy and Spain. In contrast, Greece is the only country to register a contraction, but strong month in March.The difference between production rates of Germany and Greece "reached its maximum since the beginning of the investigation" PMI for the manufacturing sector, there are twelve and a half years, Markit said.

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"It's absurd (…) There is no preferred method of the moment and even less decision-making," said Monday, May 3 at an AFP source at the Presidency of the Republic. For his part, after a meeting at the Matignon dedicated to the great debt, Mr. Woerth told reporters: "This is information that is not based on anything, there is no decision taken by the President the Republic and the Prime Minister ".

Citing "sources corroborating" the website of the World said Monday morning that the Elysée intended gradually to extend the legal age of retirement. The legal age of retirement (at age 60 since 1983) is the minimum age that the employee must attain to retire. If it has not contributed sufficiently, he suffered a rating downgrade of his pension. It can also work longer.The age of retirement from office has been postponed in 2009 at age 70.

Alongside the weekly briefing of the UMP, the Secretary General Xavier Bertrand argued that it was not "The World that made the reforms." "The script, when it is presented, different from that of the world, we must correct that the world," he added.

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The Taiwanese military has strongly urged Tuesday the French group Thales to submit to the decision of the Court of Arbitration of the Chamber of Commerce (ICC), which ordered him to pay 173 million euros for alleged breach of contract in the case of the sale of frigates.

"We demand that Thales abide by the decision of the court of arbitration," said Department of National Defence in a statement."The ministry stresses that this case is linked to national interests and the reputation of the army," he added.

The ICC has ruled that France had to pay 630 million euros in compensation to Taiwan in the case of the sale of frigates, Thales announced Monday night.

"The share of Thales in this case amounts to 27.463% of the total, corresponding to its share in the industrial supply contract," said the specialist in defense electronics.

"Thales denies the very basis of this conviction.The company will pursue all remedies available form and including an action for annulment against this sentence to the Court of Appeal of Paris, said in a statement.

In October 2008, a dismissal had been rendered in the criminal side of alleged corruption in the margins from the sale of frigates by Thomson-CSF, now Thales, Taiwan in 1991.According to the opinion of the prosecutors, two judges had given up finding potential recipients of probable commissions and operations of corruption after having been confronted with the "secret-defense".

The Taiwanese government was therefore entitled to claim the commissions that were paid in conjunction with the sale of six frigates by Thomson Lafayette to 16.4 billion francs (2.5 billion euros), after a long ballet Diplomatic. The contract prohibited Bravo indeed commissions, under pain of repayment.

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Having fallen behind Toyota and Co. for the development of hybrid engine, European kings of big-engined petrol do not want to double the market for electric cars. Angela Merkel, Germany would like to become "the lead market of electric, and German manufacturers have therefore devised a new initiative in terms of cooperation car: the" National Platform for electric mobility, which opened on Monday morning with a meeting between the Chancellor and a patron of the thirty major automotive and energy: "It is true that the German car missed the turn of the electric car, have said on this occasion Dieter Zetsche, Daimler's boss, and Norbert Reithofer, boss of BMW, who speak of 20 billion euros of investments in electric car over the next decade.

For Germany to become the nation that "build cars in the XXI century the most intelligent and least polluting", as Mrs Merkel hopes, seven working groups, experts and 150 so they're considering the development of a network of stations electrical services, improved batteries and storage conditions or the emergence of this new market. After tough negotiations, the Presidency of this platform has finally been given to Henning Kagermann, a former head of the SAP computer, specifically chosen because it is not the car lobby.

This real "Grenelle" of the German car is it the start of a new industrial revolution in Germany? Some questioned, "Merkel wants first to conceal the shortcomings of the German car with a high mass advertising," said Renate Künast, the Green party leader.As for Peter Meyer, head of the powerful ADAC, the German automobile club which brings together 17 million members, he believes that "this event is meaningless if the consumer is present around the table," he told the daily Die Welt. Specifically, he was not invited to the inaugural meeting, and therefore preferred to cancel his planned participation in several panel discussions: "We do not follow the way of the power without being critical. We must have the right to repeat that German manufacturers are behind the manufacture of electric cars. And domestic manufacturers will not be able to deliver in the near future what the customer wants, "he says.

The conditions for a rapid take-off of the Electric Car German are in fact far from being met.Despite the presentation of prototypes and 190 projects supported by the State, only Volkswagen has announced the mass production of an electric golf for the end of 2013, while Peugeot, Renault and Nissan will bring out their first models late 2010. Moreover, the German government does not currently purchase premium, only to aid research whose value has also not yet been clarified. However, the additional cost of an electric car versus a gasoline model is estimated at about 10,000 euros, says Meyer, "all studies show that the German client is willing to pay up to € 5,000 more for an electric car.

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U.S. President Barack Obama called Sunday the oil spill, which began to hit the Louisiana disaster "may be unprecedented," during its first site visit to examine the device response. "I think Americans realize it, this is certainly true of people here that we are facing an ecological disaster may be unprecedented," Obama said in Venice, one of coastal communities most threatened by the oil spill caused by the explosion of an oil platform April 20.

"As president of the United States, I will spare no effort to respond to this crisis," he promised, saying it risked "last long" and "threaten the livelihoods of thousands Americans. The president defended his administration, criticized for its slow response."The federal government has initiated and coordinated an intervention in which all the actors involved are tirelessly since day one," he said.

"BP will pay"

He complained, however, the BP, which operated the Deepwater Horizon platform, about 70 km offshore. The wells drilled in the platform is leaking, releasing each day some 800,000 liters of oil at sea "Let us be clear: BP is responsible for the leak. BP will pay," he said to reporters.

The British company is working on three fronts to try to stop the leak. Six robots are trying to close the safety valve of the well, which weighed 450 tons and the company began drilling relief wells to reduce pressure and inject a coating to seal leaks permanently. The first operation failed for the second time and could take up to three months.BP counting on making a huge "cover" containment of 70 tonnes to land on the sea bottom to seal the wellhead. The chairman of BP America, Lamar McKay said Sunday that the manufacture of this "cover" was almost finished and that he "would probably be deployed in six to eight days."

The leak could exceed 16 million gallons per day

But time is short. If the wellhead cowardly flight "could exceed 16 million liters per day," he told CNN Admiral Thad Allen, in charge of coordinating operations.

Mr McKay said the accident the platform was due to "a defective piece of equipment," but added that officials were unaware of the BP because of the failure.

Strong winds and rough seas forced the ship to give to stem the water of oil, which now extends over 200 km long.The planes carrying chemical spill dispersants were grounded.

The latest forecasts from NOAA weather agency indicated that the oil had reached or were about to reach the islands of Candlemas, an uninhabited area, but which houses a natural refuge frequented by pelicans, terns and piping plovers. The wetlands of Louisiana, step on the path of migratory birds, is a unique wildlife reserve. The oil slick threatens the lifestyle "of Louisiana, said Saturday the state governor, Bobby Jindal. The fishermen, shrimp farmers and growers in the region were just beginning to recover from the passage in 2005 of Hurricane Katrina.

Prohibition on fishing

The U.S. authorities have imposed a fishing ban Sunday 10 days in the area affected by the spill.The shellfish industry in Louisiana provides a third of the country's annual production. John Chiem, a fisherman of 51 years of Vietnamese origin, was trying to sign him on Sunday to participate in training cleanup near Venice. "We're trying to get a little work, but too many people in looking at this moment," he told AFP. "I am perhaps becoming homeless.

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The first ten agreements defining the rules for selection of projects to be financed by the "great debt" was validated Monday, May 3 and will allow the release of certain funds as of June 2010, announced Prime Minister Francois Fillon. These ten agreements, concluded with various public responsible for selecting and funding projects, representing investments of 6.85 billion euros to a total of 35 billion provided in the "future investment program, adopted in March by the Parliament.

"We calculated that they generate, with private funding that will trigger 16 billion euros of investment," said Prime Minister Francois Fillon during a press conference at the Matignon end of an interdepartmental committee on the big loan.In total, the government hopes that the 35 billion program lead to an overall budget of about $ 60 billion a "leveraged" with private participation, local or European subsidies.

The convention adopted Monday on "facilities of excellence for higher education institutions and research (1 billion) or the one on" health and biotechnology "(1.55 billion) expected no external funding. In contrast, the 500 million euros "green loans" would achieve a total of 2.6 billion leveraged. In the summer of 2010, all conventions, some forty in all, should have been signed, so that all 35 billion could be allocated to operators.If the "green loans" which are not subject to calls for projects will be awarded in the month of June, further actions should not, however, begin to be funded until 2011.

François Fillon wants to "move fast" to boost the French economy in the medium and long term, but in ensuring "value for money for the country" of each project. "This aspect of the return on investment will be crucial. On a number of issues, we will help private companies improve their competitiveness. We're going to take some of the risk they take but also the benefits they realized," he said Prime Minister."The projects will be in competition with a selection by independent juries, and we will post systematic evaluations," he added.

According to Rene Ricol, the General Commissioner for the investment requested by the Prime Minister to pilot this program, the evaluation will be made each year from the time the money has been released. The funds will also be released "in installments", so that "when it does not work, it knows to stop and redeployed on other projects," said Mr. Ricol. "In a difficult fiscal environment, it is not about spending money on one side that we save each other," Fillon said, recalling that "the financial burden from the loan will be fully covered by a drop "of government spending.A load estimated at 500 million euros in 2010, which will be offset by a decrease of about 2% of operating expenses, excluding salaries of each department.

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