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Carrefour Friday categorically denied press reports suggesting the replacement of its CEO Lars Olofsson, but according to a source familiar with the matter, George Plassat, Vivarte boss, has been recently approached and declined the proposal.

Georges Plassat, CEO of owner signs Andre Minelli or Kookai, was approached by the shareholders of Carrefour and declined the offer this month, said the source told Reuters.

"It has been proposed and he said 'no'.It was during November, "said the source.

"There is still no candidate to succeed Lars Olofsson."

Le Figaro wrote in its Friday edition that George Plassat was approached to lead Carrefour.

"It is courted for months by the main shareholders of Carrefour," the newspaper said.

"He refused the post of CEO before the summer because it was hard to find a successor to lead Vivarte (…) More and more interested in a challenge to his position, George Plassat has not closed yet the door to negotiations. On the contrary, "continued the newspaper.

The major shareholders of Carrefour are the fund Colony Capital and Groupe Arnault, the family holding company LVMH CEO Bernard Arnault.

Wall Street opened the session down Tuesday in response to the announcement of lower growth than expected in the third quarter in the United States.

The growth of gross domestic product (GDP) was U.S. lowered the third quarter to 2.0% annualized, according to the second estimate published Tuesday.

These figures are "in line with the general economic malaise that we see in the world," said Michael Mullaney of Fiduciary Trust.

In early trade, the Dow yielded 0.24% to 11,519.15 points.

Several countries have claimed Monday the symbolic birth of seven billionth person on the planet today. The UN took the opportunity to draw attention to the challenges of population growth. In poorer countries, governments will be faced with the difficulty of finding a job in the armada of young people coming onto the labor market.

In Manila and Kaliningrad? Girl or boy? Several countries have claimed Monday the symbolic birth of seven billionth person on the planet today, the opportunity for the UN to call attention to the challenges of population growth.

See also Slide show: That's it, we are 7 billion.

The level of 6 billion was reached in 1999. The United Nations had then chosen Nevic Adnan, a baby born in Sarajevo, as representative of the six billionth human coexist on earth.This time, the UN has refrained from designating a "winner" in advance and many countries have planned to announce the lucky winner was born at home.

A Filipino, Indian or Russian?

In this game, the Philippines has been the fastest. Danica May Camacho, born two minutes before midnight Sunday in one of the poorest countries in the world, is a lovely little girl of 2.5 kg. His parents, Camille and Dalura Florante Camacho, were welcomed by UN officials who had brought a small cake for the occasion. "She is so beautiful. I can not believe it is the seven billionth person on the planet," Camille has moved Dalura in the delivery room of the Jose Fabella Memorial Hospital, a public hospital in the capital Philippine invaded by journalists.According to the United Nations Fund for Population Activities (UNFPA), the Philippines is the 12th most populous country in the world with 94.9 million inhabitants, of whom 54% are under 25 years.

But India, a country-continent with 1.24 billion people and by 2025 should become the most populous country by China, with nearly 1.5 billion people, has in turn announced coming into the world of Nargis. The little girl was born at 7:20 local time (1:50 GMT) for a 23 year old mother and a father of 25 years in the dusty village of Mall, in the State of Uttar Pradesh, told AFP a spokesman for Plan International, an organization caricative based in the UK.

Two Russian regions, the most eastern Kamchatka, and most western Kaliningrad, also dispute the title.

Interest rates Italian debt to 10 years have passed the psychological threshold of 6% to 6.06%. Concerns focus on capacity from Rome to take charge of its massive debt of 1,900 billion euros. Asian stock markets closed sharply down Monday, August 8, 2011. The Tokyo Stock Exchange lost 2.9%, Shanghai 3.79%, Sydney 2.9%, 3.82% Seoul, Hong Kong 2.11%. The Bombay Stock Exchange, she fell to its lowest since 2010 (-3%).

The cost of financing the huge debt of Italy also rose Friday on the issue of 7.935 billion euros of bonds and long term, despite the Europe Agreement in an attempt to stem the debt crisis , announced the Bank of Italy.

Put into a corner by its European partners, the Italian prime minister Silvio Berlusconi has also pledged to adopt by November 15 a plan of action to boost growth and reduce debt. But investors, who doubt the credibility of a government weakened and divided, are still not reassured by Italy with a huge debt reached about 1,900 billion euros (about 120% of GDP).

The top leaders of the euro area was completed last night. It provides for a discount of 50% of Greece's debt and strengthening of the EFSF to 1,000 billion euros. The details. The European Council President Herman Van Rompuy, Nicolas Sarkozy and Angela Merkel in Brussels.

The top of the eurozone, which ended in the night between Wednesday and Thursday led to a series of measures to resolve the crisis, including the deletion of 50% of the Greek debt to private creditors and the strengthening of the Fund stability in the euro area.Here are the details of decisions taken by all European leaders.

A discount of Greek debt to 50%

Banks and private equity funds that hold Greek debt have agreed to voluntarily relinquish 50% of their claims on the national debt by 2020: specifically, from January 2012, they will exchange their debt obligations Greek against others whose value will be halved. This represents a deletion of 100 billion euros of Greek debt, currently at 350 billion euros. Fund stability in the euro area (EFSF) will bring to these private creditors 30 billion euros in guarantees on these new claims.The plan of 109 billion euros in public aid (EU and International Monetary Fund) for Greece decided on July 21 is replaced by another, amounting to 100 billion euros, until 2014, who s will accompany closely monitored by the creditors of the implementation of reforms required in the country. Athens will have to find 15 billion to reduce its debt through privatization.

Recapitalized banks to the tune of 106 billion euros

Hard equity banks (equity capital and retained earnings) will reach 9% "30 June 2012." To achieve this, "banks will have to appeal primarily to sources of private capital." Until this objective, "the banks should be subject to some constraints on the distribution of dividends and payment of premiums."The European Banking (ABB) was evaluated Wednesday at 106 billion recapitalization needs, which will involve 70 schools. Greek banks are the most concerned (30 billion) before the Spanish banks (26.16 billion) and Italy (14.77 billion).

The EFSF increased up to 1000 billion

The EFSF, currently has a capacity of loan of 440 billion euros, will reach a strike force of about 1,000 billion. Two mechanisms should complement each other for this purpose. The first will be to ensure some of the potential losses of private investors when they buy government bonds on the primary market. The other is to create one or more special funds (special purpose vehicles) to attract outside investors private or public, as emerging markets.The text mentions, without elaborating, "an even closer cooperation with the International Monetary Fund."

The ECB may continue to buy back debt

The governments of the euro area may have to count on the role of the ECB firefighter to support fragile states such as Italy and Spain. Its future president, Mario Draghi, has promised to continue to do so if necessary.

Golden Rules of generalized

The golden rules of a balanced budget will be generalized. Among the measures to strengthen fiscal discipline common EU monetary figure "the adoption by each Member State of rules on passing a balanced budget the Stability and Growth in the legislation, preferably at the constitutional level or equivalent end of 2012, "the statement said.

Highs in the euro area generalized

Highs in the euro area will be held twice a year.They will be chaired, at least initially, by the President of the EU, the Belgian Herman Van Rompuy. A change in the EU treaty is considered.

The strategic plan unveiled in December Areva could result in the elimination of positions 3000-4000 as "the worst scenario discussed in the management," writes Le Figaro Friday.

The consulting firm commissioned by Areva, the Boston Consulting Group, called for a cost reduction of 30% to weather the current period, the newspaper said, without citing its sources.

According to Le Figaro, Areva said that the terms of the plan are not yet finalized and that the "figures that circulate are not set in stone", the final version to be presented on 12 and 13 December, the newspaper said.

The group declined to comment.

A source close to the company, however, said that the figures quoted by Le Figaro were "pure speculation" at this stage."These figures are not based on knowing that the strategic action plan of the group is in progress," the source said.

Areva has about 48,000 employees including 30,000 in France and 5700 in Germany.

A union source has also told Reuters that a European group committee would be held on October 26 and 27 in the presence of Luc Oursel, the new CEO.

Appointed in June to replace Anne Lauvergeon at the head of Areva, Luc Oursel has already warned that the group could shift some investments to fit the context of the post-Fukushima, and a recovery of finances was "imperative".

He also recently told the German press that Areva planned to stop certain activities in Germany after the country's decision to phase out nuclear power by 2022.

Areva may also have to include new provisions in its accounts to meet the costs of the Finnish EPR and the decline in uranium prices and volumes expected ore group.

Around 9:45, the action Areva lost 0.27% to 21.95 euros. The group's capital is held close to 90% by the French state.

Chinese Premier Wen Jiabao said he was "worried" the spread of protectionism with a "misuse" of anti-dumping. Chinese Premier Wen Jiabao at the "Forum Summer Davos" in Dalian City, September 14, 2011.

Chinese Premier Wen Jiabao said he was "worried" Friday of a "sharp increase in protectionism" in the world, especially because of "misuse" of anti-dumping. "What is worrying is that due to many factors … the Doha Round is not progressing. Protectionism is growing rapidly," Wen said at the opening of the Canton Trade Fair (south).

Face "to the current turmoil in international financial markets, the growing number of uncertainties and a slower recovery in the major economies, the international community should be united as a passenger in the same boat," said Prime Chinese Minister.

China reacted strongly this week in the adoption of a U.S. bill to penalize for manipulating its currency. The United States accuses an abysmal trade deficit with China, which reached a record $ 29 billion for the month of August, and many U.S. lawmakers believe that this is due to an undervaluation of the yuan. "Only by solving more efficiently trade frictions that we can get rid of the shadow of the global financial crisis," said Wen Jiabao.

In early October, the U.S. denounced nearly 200 grant programs from China and India about fifty. The Chinese premier also noted that the entry of China into the World Trade Organization (WTO), which occurred in December 2001, had "brought benefits" to its trading partners.

Bratislava voted in favor of strengthening the European Financial Stability Fund (EFSF) in a second vote. This is the last country to have approved. Slovak Prime Minister Iveta Radicova and President of movement Freedom and Solidarity (SaS) Richard Sulik in negotiations for el parliamentary vote of expanding the EFSF on 10 october 2011.

The Slovak Parliament approved on Thursday the strengthening of the European Financial Stability Fund (EFSF) in a second vote, allowing the entry into force of this instrument. Slovakia, which was the last of the 17 member countries of the euro area to vote, had a first vote Tuesday rejected the strengthening of the EFSF.

Bratislava's contribution is 7.7 billion euros in guarantees from the state.Of the total 147 deputies present, 114 voted in favor of the safety net for countries in financial difficulties, including Greece heavily in debt. Thirty voted against, three abstained. The first vote, negative, Tuesday evening, due to the refusal of a small party in the coalition to approve the building of EFSF, caused the collapse of the coalition and the fall of the government of Prime Minister Iveta Radicova who had of this vote a matter of trust for his cabinet.

After the failure of this first vote, the opposition Social Democratic Party (Smer-SD) reached an agreement with three parties in the coalition government, totaling 119 seats out of 150, to approve, in exchange for early elections strengthening the EFSF in a second vote. Thursday, Parliament gave the green light to the early elections March 10, 2012.

Without a unanimous agreement of the 17 member countries of the euro area in its building, the EFSF might be maintained in its old form, with limited capacity for action to help states avoid bankruptcy. Worried, the EU asked Wednesday to Slovakia to promptly approve the strengthening of EFSF, emphasizing its importance "crucial" for the euro area.

The Tokyo Stock Exchange ended up 1.76% Thursday, away from a lower-end two and a half hit the previous day as investors to buy back the securities after reassurances from France and Germany, who felt that the place of Greece is well within the euro area.

The Nikkei gained 150.29 points to 8,668.86 points and the Topix, broader, took 10.07 points (1.36%) to 751.76 points.

The support shown to Greece was interpreted by investors as a positive sign for a resolution of the debt crisis in the euro area.

The market participants also welcomed the statements by the European Commission said it would shortly put forward proposals for the introduction of euro bonds.

Values, title Elpida Memory has closed up 5.03%. The third global manufacturer of memory chips has announced the relocation of part of its production in Taiwan and production of new generations of chips.

The bankruptcy of Greece is now openly considered by the Minister of Economy and the finance. Wolfgang Schäuble, the German finance minister, by the Bundestag in Berlin September 14, 2010.

The German Minister of Economy Philipp Rösler n'exlut more orderly bankruptcy of Greece to save the euro, in a commentary published Monday in the German daily Die Welt. "To stabilize the euro, it should no longer be short-term no-think about some options. Among them, there is an emergency orderly insolvency of Greece, if one has available the instruments necessary, "he wrote, according to a statement. The Finance Minister also proposed this scenario the newspaper Der Spiegel. Wolfgang Schäuble would have referred to two solutions for the future of Greece. The first is when the country in the euro area and the second when he returns to the local currency, the drachma.

Mr.Rösler is the Vice-Chancellor of Germany, as chairman of the Liberals, small partner in the governing coalition with the Christian Democrats of Angela Merkel. But he that really gives the tone in the economic in the country is the finance minister, Wolfgang Schäuble, a member of the Conservative Party.

According to M. Rösler, austerity measures are in some countries, like Greece, still insufficient. "The Greek government must know that the aid provided depends on the commitment by Greece to reform," he adds.

And call for the establishment of an automatic sanctions "in case of breach of the rule, there must be consequences for such a payment subject to approval of the aid from structural funds of the EU.In case of persistent breaches, an early termination of voting in the Council of Ministers of the EU should no longer be a taboo. "

Ultimately, bankruptcy ordered state should be possible with the aim of "restoring the ability to operate in the State concerned, if necessary by temporarily limiting its rights of sovereignty," he adds.

It also calls for substantial involvement of private creditors. Europe needs a "code of stability that Member States would apply in accordance with their national and their own economic and financial policy," continues M. Rösler.