The U.S. labor market continued to recover at a rapid pace in February, confirming the widespread economic recovery in the U.S., which could lead the Federal Reserve ; eral to reduce its support to the business and credit.

The economy created 227,000 non-farm jobs last month, showed the statistics released Friday by the Labor Department, and the unemployment rate remained at its lowest level three years, to 8.3%, despite the return to the labor market of part of those who had given up looking for job.

This is the first time since early 2011 that the new posts remain above 200.000 for three consecutive months, a development that, if confirmed, could be an asset in favor of President Barack Obama during the presidential election in November.

The figures for December and January were also revised upward, from 61,000 in total.

Economists polled by Reuters had expected an average of 210,000 jobs created in February after the figure of 243,000 was originally planned for January.

The last three months, job creation show a monthly average of 245,000.

"I think we'll begin (…) discuss an exit from the Fed's policy of ultra-accommodative faster than expected," said Omer Esiner, responsible for the analysis of Commonwealth Foreign Exchange market, in Washington. 

The New York Stock Exchange opened slightly higher after the release of employment report, while government bonds remained on the downside and the dollar rose against the euro and the yen.

INDUSTRY AND ACTING IN POINTE

The manufacturing sector, which was recorded in January the largest increase its workforce last year (52,000 jobs) remained strong in February with 31,000 designs, focused on the durable goods sector, a tendency to which is added the acceleration of temporary employment (45,200 after 32,100 in January).

In total, private companies have created 233,000 jobs last month while the public sector in 6000 removed. 

But even if the labor market returns to form, its recovery is insufficient to reduce the ranks of the 23.5 million Americans unemployed or involuntary part-time.

The Federal Reserve chairman, Ben Bernanke, ruled last week that the employment situation was "far from normal" and that further improvement required a higher demand for goods and services in the United States.

Conversely, he suggested it would darken the outlook to convince the Fed to initiate a new cycle of purchases of securities markets to lower interest rates, est. 

U.S. figures confirm the date that the United States remains one of the main drivers of global recovery at a time when China's growth is showing signs of deceleration and the area where Euro struggles to extricate from the crisis.

The unemployment rate of Seventeen was 10.7% in January, its highest level since the creation of the single currency.

Conversely, the U.S. unemployment rate fell 0.8 percentage points since August. And economists see it return to below 8% by the election deadline of November, even though the current upturn would result in an increase in the number of unemployed returners.

The participation rate of labor force (the percentage of people of working age who are employed or are seeking), rose last month to 63.9% against 63.7% in January.

The acceleration of new posts is not enough to reduce the long-term unemployment: some 43% of the 12.8 million unemployed Americans are for over six months.

The six major Greek banks have decided to participate in the exchange of bonds to alleviate the country's debt, said Tuesday the Ministry of Finance.

Banking sources had previously indicated that all Greek banks concerned should participate in the agreement, which will lead to institutions interested in losses on their holdings ranging up to 74%.

The exchange of securities, if implemented, should lead to cancel some 100 billion euros of debt. Private creditors, mainly banks, insurers and investment companies, have until Thursday to announce their intentions.

Most pension funds holding Greek debt to Greek State agree to participate in the bond exchange, but four refused to do so, it was also learned Tuesday Aupre s head of a Greek.

Unions fear the consequences of the depreciation of assets in debt to Greek pension funds.

Eight or nine pension funds agreed to participate but funds for journalists, police, business owners and employees of the hotel, which hold for about two billion euros debt, refused, sources said.

Basketball, football, to the rally, the French sports pocket each year over 10 million euros for some. In mind since 2006, Thierry Henry was dethroned by Franck Ribery in the ranking of the largest salaries in 2011, established by the Team Mag Saturday, March 3. The top ten images.you 10/10

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U.S. stocks ended little changed Tuesday after a session hesitant investors welcoming the agreement on a second level of aid to Greece while being tempted by some profit taking.

The Dow Jones gained 0.12% or 15.82 points to 12,965.69 points. The Standard & Poor's, wider, ended almost stable with a gain of 0.07% (0.98 points) to 1,362.21 points. The Nasdaq composite fell 0.11% or 3.21 points, to 2,948.57 points.

Markets were closed Monday for President's Day.

Under the deal pulled off by the euro area after thirteen hours of negotiations, Greece will see the debt burden reduced by EUR 130 billion of government loans and restructure the debt held by private creditors.

This plan can eliminate the risk of a Greek default in March but not solve all economic problems Greek temper analysts. Furthermore, the good news was expected.

In this context, it was tempting for investors who played the recent rise in the market to take some profits, especially as, in session Tuesday, the Dow Jones briefly topped the 13,000 points for the first time since May 2008.

Signs of improvement in the U.S. economy and the stabilization of the debt crisis in Europe helped the Dow Jones gaining over 20% since late 2011 and the S & P gain of more than 8% since the beginning of the year.

"We face a little selling pressure given the rebounding lately," said Fred Dickson, market specialist at DA Davidson & Co.

Values, Kraft Foods has gained 1.47% to 38.57 dollars. The food group provides an earnings growth of at least 9% this year.

Home Depot has nibbled 0.45% to 46.92 dollars. The chain of hardware stores has published a quarterly profit above the expectation.

Macy's has won 1.22% to 36.69 dollars. The operator of department stores reported revenue up and expected a further increase in its turnover this year.

Apple gained 2.5% to $ 514.85. The U.S. International Trade Commission (ITC) ruled that the manufacturer of the iPhone was not about infringement of a patented technology of mobile phone manufacturer HTC.

In contrast, Wal-Mart Stores fell 3.85% to 60.07 dollars. The worldwide distribution generated fourth-quarter earnings below the consensus due to lower prices for customers during win the holiday season and New Year.

The period of publication of quarterly results is nearing completion. According to Thomson Reuters arrested Tuesday morning on the 418 companies in the S & P have published their accounts, 64% show better than expected results This is a lower rate than in recent quarters.

Carlsberg said on Monday forecast a stable operating profit in 2012 due to a decline in sales in Northern Europe and Western Europe, after increasing its profits in fourth quarter broadly in line with expectations.

In the fourth quarter of fiscal 2011, the company posted an operating profit of 1.83 billion Danish kroner against 1.82 billion expected by analysts surveyed by Reuters, for a turnover of 14.85 billion crowns against 14.30 billion expected by the consensus.

For all of the current fiscal year, operating income is expected to remain stable and adjusted net income should increase slightly, says the Dutch brewer. 

The group also expressed its intention to purchase "as soon as possible" 15% of the remaining shares in its Russian subsidiary Baltika, an operation that will cost up to 6.5 billion Danish kroner (874 million).

Once completed the buyout of minority, by the month of May, Baltika Carlsberg will scratch the coast.

In early trade, the Carlsberg share fell by 2.0% to 420.40 kronor.

The bill was rejected UMP to 175 votes against 168. A Mixed Commission will now be convened before a return to both Houses of Parliament. View of the Senate in the Luxembourg Palace

The Senate on Wednesday rejected by 175 votes against 168 the bill UMP to govern the right to strike in the airline, criticized by the unions of Air Staff.

Most PS, CRC (Communist), RDSE (mostly PRG) Ecologist and passed a motion prior procedural motion which amounts to a rejection of the text. The centrist and right UMP voted against.

Filed by a deputy of the Right People, Eric Diard, before movement of airport security officers, PPL already adopted on 25 January by the National Assembly is to implement in the air including the existing and the SNCF RATP. Left and Right have competed strongly in the hemicycle of the Palais du Luxembourg, where the shouts are increasing with the approach of presidential elections.

"The airline industry is highly confrontational: 1131 strikes in the last three years, 63 days last year. This is no longer acceptable. Freedom of strikers must end or beginning of the passengers," insisted the minister Transport, Thierry Mariani. "The sky is open air. You, too, show a little opening and let yourself go with the interests of passengers, not that of a minority of employees," he told Catherine Procaccia (UMP). "Passengers are the cannon fodder of the malfunctioning of social dialogue," exclaimed Louis Negro (UMP).

"You do not have a monopoly on empathy with users stuck in airports. It is always the strikers who are responsible for everything, you never put the responsibility on employers, however, social dialogue takes two, "replied Jean Desessard (Greens)." If employees have to leave it because of the strikes of 1936 and if they do not fly is that they do not have money, you are the emissaries of big business "has swept Borvo Nicole Cohen-Seat, Chair of the group CRC (Communist). "No more business would be immune to similar restrictions to a fundamental right: the right to strike," protested George Labazée (PS). "The goal is to flatter a certain opinion public without worrying about the consequences of employees whose situation is often precarious, "blasted the rapporteur Claude Jeannerot (PS).  

This text requires the strikers, under penalty of law, to declare individually 48 hours before each day of the strike and employers to forecast traffic no later than 24 hours before the disturbance. Employees waiving participation in a strike or deciding to resume their service will also, under penalty of disciplinary action, inform the employer within 24 hours prior to their participation or anticipated recovery. This obligation to inform the employer of a change of mind will also apply to land transport, thereby altering the symbolic law of August 2007, improperly called law on "minimum service".

The airline unions have the four days last week strike demanding the withdrawal of a text for them violates the right to strike. They do not exclude other mobilizations. The PPL is registered emergency, a Mixed Commission (CMP, seven senators, seven MPs) will now be convened before a return to both houses but the Assembly has the last word.

The Prime Minister believes the government should not have back in 2007 after the failure of legislative reform because the cost of labor is essential. Prime Minister Francois Fillon regret not having done the social TYVA in 2007

Francois Fillon said Thursday evening the balance of Nicolas Sarokzy. The Prime Minister expressed as main regret of his five years at the Matignon "floating" in 2007 on the so-called social VAT, adding that he had to "do it now," referring to the will of the head of state to this measure on track by May When asked on the set of the show "The words and actions" on France 2 why the government wanted to implement the measure within three months of the presidential election, he returned to the turnaround of 2007, during the period between the two towers of the legislation.

"On the cost of labor, you remember we had planned to do in 2007. There was a reluctance on the part of the government team, from the majority that led to a misunderstanding on the part of the French, "argued the Prime Minister, recognizing that this was" probably (had) a reaction in electoral terms "in parliamentary elections at the time." You should never hesitate. When we govern, decide and implement the reforms (…). Here, there was a little flutter, flutter it made it more difficult for some time the implementation of this reform, "he said

……. Ruling out .. "inflation risks" now, François Fillon expressed the need "to do it now". Invited to express his main regret at Matignon, the prime minister has come back "on the case of lower labor costs in 2007. "" We hesitated too. It is a regret I have today, "he repeated. On the contrary the decision that is" most proud ", Mr. Fillon also drew attention to "the reform of social dialogue". "When you see what happened five years ago (…) is a small cultural revolution that has occurred," he judged.

On his favorite memory with the Head of State, with which relations have experienced up and down since 2007, the prime minister called a "great memory" the presidency of the European Union in 2008. "I was very proud of what has been accomplished and the image has given France and the president," he dit.Concernant his worst memory, Mr. Fillon declined to answer: " I have no recollection of this type and even if I had, I do not confide in you. "

The new home sales fell 13% in the third quarter. At the same time, housing starts and building permits have increased. An employee on a construction site offices and accommodation in Marseille.

The new home sales fell 12.9% in France over one year in the third quarter, according to the Ministry of Housing, which reported Tuesday alongside a 11.4% increase in housing starts and 22, 6% of building permits between August and October 2011. A total of 26,400 new homes were sold by developers in the third quarter of this year, a decrease of 12.9% over the same period in 2010, according to figures released by the Ministry.

Over the last four quarters (4th quarter 2010 to third quarter 2011), sales totaled 101,300, a decrease of 10.7% over the same period a year earlier.

Visa issued Wednesday quarterly net income up 14%, thanks to an increase in card payments and transaction volumes but the title retreated in after-hours transactions.

The world of credit cards has reported net income of $ 880 million in the fourth quarter of fiscal year, or $ 1.27 per share of Class A, against 774 million or $ 1.06 per share, a year earlier.

Analysts were expecting earnings per share of $ 1.25, according to Thomson Reuters I / B / E / S but it was not immediately clear if this figure could be compared with that published by Visa.

The turnover has increased its 12.6% to $ 2.38 billion.

The number of transactions increased by 9% over the same period last year to 13 billion. Volumes have increased them by 13% to 970 billion.

The action Visa declined by 2% to 90.10 dollars in after hours trading the publication of these results.

The Vatican on Monday called for the creation of a "universal public authority" and a "global central bank" to regulate financial institutions in the current period of turmoil and uncertainty.

The 18-page document, entitled "To reform the international financial system from the perspective of a public authority to universal jurisdiction," should strike a chord with "outraged" over the world protesting against the excesses of the current economic system .

"The economic and financial crisis through which the country calls everyone – people like people – to conduct a thorough discernment of the principles and cultural and moral values ​​that form the basis of social life in common," the Council Pontifical Justice and Peace in a note.

The Vatican warns against "idolatry of the market" and "neo-liberal ideology" that the current problems are only technical.

"The crisis revealed the attitudes of selfishness, greed and hoarding collective goods on a large scale," he says, adding that the world economies were to take an ethics of solidarity between rich and poor countries.

"If no remedy is given to various forms of injustice, the negative effects that will follow in the social, political and economic will be likely to generate a climate of growing hostility and even violence, to undermine the very foundations of democratic institutions, those that are also considered the strongest and safest, "reads the document.

The Holy See called for the establishment of a supranational authority in global dimension and universal jurisdiction responsible for guiding policy and economic decisions.

Such authority should be taken as reference the United Nations to gain independence then.

EFFICIENT STRUCTURES

When asked whether this document could become the manifesto of the "outraged", Cardinal Peter Turkson, president of the Pontifical Council for Justice and Peace, said: "People on Wall Street have to sit and think wisely about whether their current management of global finance is in the interests of humanity and the public interest. "

"We call on all groups and organizations to sit down and rethink the situation," he said at a news conference Monday.

The International Monetary Fund (IMF) has lost its ability to regulate the global creation of money and watch over the amount of credit risk that the system assumes, believes the Pontifical Council.

"In economic and financial matters, the greater difficulties come from the absence of an effective set of structures that can guarantee, in addition to a system of governance, a system of government in the economy and international finance. "

The world needs "a minimum corpus, shared rules to manage the global financial market."

"We see on the bottom, to draw in perspective the need for a body performing the functions of a sort of 'World Central Bank' regulating the flow and the system of monetary exchange, like the national central banks" , says the document.

The Pontifical Council recognizes that the establishment of both bodies will take years and will face resistance from the global players.

"This transformation will take place at the cost of transfer, gradual and balanced within the remit of a national authority in a global and regional authorities, which is necessary at a time when the dynamics of human society and of the economy and the advances in technology, transcend borders that are in fact already eroded in the globalized world. "