This natural disaster had disrupted for months the production chain, in the automotive sector and elsewhere.

Data released Tuesday by the Japan Automobile Dealers, however, show that sales of April 2012, which reached 208,977 units, still 5.9% lower than those of April 2010.

Toyota sales including the Lexus brand, rose 185%, while Nissan was 51.6% and 61.5% of Honda.

The Conservative government of Mariano Rajoy provides a slight increase in gross domestic product next year and a 1.4% growth in 2014.

The Standard & Poor's downgraded Thursday by two steps the sovereign rating of Spain to bring it back to BBB +, only two notches above speculative grade ("junk") in highlighting the risk of recession on public finances deteriorate further.

Friday, the government said it expected to reduce the public deficit to 1.1% of GDP by 2015 from 2013 by renewing with a primary surplus (excluding debt service). 

To achieve this, he said, he will increase taxes on consumption next year to raise eight billion euros.

The debt / GDP will peak at 82.3% next year and to decline 81.5% in 2014.

The IMF estimates that the debt crisis of the euro area poses the most acute global economic growth and financial markets fear that after Greece, Ireland and Portugal, it is the turn of Italy and Spain – the third and fourth economies in the region – to seek international assistance.

"There are firm commitments to increase resources available to the IMF more than $ 430 billion," say in a statement the G20 countries. 

The IMF will use this enhanced firepower to help any country or region that would require, but those are the fears that the crisis in Europe have accelerated ; Lere enhancement of its resources.

Sign of ongoing concerns of financial markets respond to the crisis of European sovereign debt, the yield on Spanish bonds to ten years has exceeded 6% this week and investors are concerned that borrowing costs of Madrid reach an unsustainable level.

"The extreme risks weighing on the global economy there are still some less began to fade," said the G20 in a statement. 

"However, growth expectations for 2012 remain subdued, the deleveraging affecting the growth of consumption and investment, the volatility remains high, partly reflecting the pressures of financial markets in Europe, and downside risks persist. "

Emerging countries have obtained their G20 partners guarantees to see their growing economic role gradually recognized in the Fund, through a strengthening of their voting rights. Brazil, in particular, had asked for a commitment to do so.

The Brazilian Finance Minister Guido Mantega said after the G20 meeting that emerging markets of BRIC – Brazil, Russia, India, China and South Africa – had unanimously agreed to provide additional funds to the IMF.

After almost a year of discussions, the CEO of Exxon Rex Tillerson has signed this agreement with his counterpart from Rosneft, Edward Khoudainatov, at the residence of Russian Prime Minister Vladimir Putin in Novo- Ogariovo, not far from Moscow.

This strategic cooperation agreement was announced by Reuters in mid-day, before it is signed.

It will give Rosneft, majority owned by the Russian state, a 30% interest in three projects for Exxon in North America, described the two groups in a joint statement. 

Exxon and Rosneft will also study the feasibility of the exploitation of deposits of Rosneft in western Siberia.

According to a first agreement in August, Exxon and Rosneft must spend $ 3.2 billion (2.45 billion euros) to the exploitation of oil deposits in the Russian Arctic and Black Sea. Seismic studies starting this year, indicated that the two groups.

Previous Previous PauseSuivant 1. United States: $ 48 billion investment Next 2/10

Previous Previous PauseSuivant 2. China: $ 45.5 billion investment next photo 3/10

Previous Previous PauseSuivant 3. Germany: $ 30.6 billion investment next photo 4/10

Previous Previous PauseSuivant 4. Italy: 28 billion dollars of investments Next Photo 5/10

Previous Previous PauseSuivant 5. France: $ 5 billion investment Next Photo 6/10

Previous Previous PauseSuivant 6. India: 10.2 billion euros in investments Next Photo 7/10

Previous Previous PauseSuivant 7. UK: $ 9.4 billion investment Next Photo 8/10

Previous Previous PauseSuivant 8. Japan: $ 8.6 billion investment Next 9/10

Previous Previous PauseSuivant 9. Spain: $ 8.6 billion investment Next Photo 10/10

Previous Previous PauseSuivant 10. Brazil: $ 8 billion investment Next

Renault shares (-1.83%) and PSA Peugeot Citroen (-2.61%) have the largest declines in the CAC 40 index which is 0.43% while the Stoxx sector index of 'European automotive advance of 0.34% to 9:45.

Last month, he registered 197,033 new passenger cars in the Hexagon. After adjustment for working days, the decline appears to 20.0% in March 2012 that were 22 days as against 23 in March 2011, announced Monday the Committee of French Automobile Manufacturers (CCFA).

In January and February this year, the market had already experienced declines of around 20% in raw data, the backlash level of registrations recorded on the pe same period of 2011 through to last orders "cash for clunkers" that could be delivered until March 31 of last year.

"This downturn is spectacular but it was expected," said Flavien Neuvy, Director of the Cetelem automobile. "We still think that most of the decline in yeara was performed in the first quarter and that the scenario of two million vehicles over the year remains relevant in light of new orders and new models coming. "

CCFA has also maintained its estimate of a decline of about 10% of the French automotive market in 2012.

For PSA Peugeot Citroen, which has teamed up in February at General Motors, registrations in France plummeted 33.2% last month while the Renault-including the diamond brand and low cost Dacia brand registrations stand-fall of 29.8%. 

Throughout the first quarter, the French automotive market will be contracted by 21.7% unadjusted and 22.9% when adjusted for working days.

Registrations of PSA for the period fell by 30.3% and Renault's 30.2%, in gross terms in both cases. In contrast, those of the Volkswagen group declined only 2.3%.

The Nikkei lost 55.50 points to 10,086.49 points, away from its highest of eight and a half months reached Monday to 10,172.64 points. The Topix broader, yielded 9.57 points (1.1%) to 858.78 points.

The export values ​​have suffered from profit taking. Toyota was down 1.54% but still up nearly 38% since the beginning of the year. Nissan has lost 2.92% and Sony dropped 4.47%.

In anticipation of upcoming elections, the Institute of Business and Expansion are now Bayrou, president of the Democratic Movement and candidate for president, Xavier Huillard, president of the Business Institute and CEO of Vinci, and the economist Jean-Marc Daniel. They discuss the theme: "Produce in France: what works to restore prosperity?"

The debate is moderated by Franck Dedieu, a journalist at L'Expansion. It is broadcast live on Dailymotion. You can also comment on twitter and ask questions via the # debateco.

The S & P 500 benchmark index fund managers, rose 0.1% over the whole of last week, posting its fifth weekly advance in six weeks.

The current upward cycle in the S & P 500 is now five months since the beginning of the year, it was up about 9% after being flat in 2011.

Friday's session marked the third anniversary of a lower-end 12, to 676.53, hit in financial crisis. Since then, the index has more than doubled.

"(…) We'll probably have a bit of respite before the expected correction," said Scott Billeaudeau, portfolio manager at Fifth Third Asset Management.

Market participants explain the good performance of Wall Street by the recent series of U.S. macroeconomic indicators better than expected, suggesting that the upturn to the States United gaining momentum.

The latest example, the employment figures for the month of February, with 227,000 non-farm jobs created last month, against 210,000 expected by economists and an unemployment rate remained at , its lowest level in three years, to 8.3%. 

Although the International Swaps and Derivatives Association (ISDA) said on Friday that Greece had triggered a credit event by enabling legislation requiring all private creditors to take losses, the Greek record ceases, the moment of worry.

The announcement came after the ISDA confirmation that Greece had managed to avoid an imminent default, for the largest restructuring of sovereign debt ever held e.

LOTS OF CASH

"Concerns about Greece will not disappear at once, but the nightmare scenario has been avoided (…)" noted Leo Grohowski , Investment Officer at BNY Mellon Wealth Management. 

Natalie Trunow, which occupies the same position at Calvert Investment Management, believes there could be a setback for U.S. equities in the short term, adding that any such reduction will not be drastic.

"There is so much money in the institutional and individual portfolios (…) long term evolution is increasing," she said.

From a technical standpoint, the indices evolve to a level close to thresholds of resistance. Their crossing or not could be decisive in shaping the market next week, said Chris Burba (Standard & Poor's).

The statements of the Federal Reserve after its decision on interest rates Tuesday (18:15 GMT) will also be well attended, the slightest indication of the Fed's intentions regarding possible new measures to support the economy is likely to give a boost to Wall Street.

Despite improvements in the labor market, a majority of "primary dealers", these intermediaries who deal directly with the Fed, think the Fed will eventually launch this year th a new program of quantitative easing, according to a Reuters poll. 

Compared to a previous survey of this type, the size of the "QE3" however, was estimated to decrease to $ 525 billion, 600 billion against anticipated s last month.

With over a barrel of U.S. crude which settled above $ 100, the data on producer prices and consumer, respectively scheduled Tuesday and Friday , will be well attended.

Among other indicators set next week include retail sales (Tuesday or the index of consumer confidence measured by the Reuters / University of Michigan Thursday).

This has lent almost 530 billion euros to banks, bringing to more than 1,000 billion the total amount of capital lent to three years for financial institutions in order to avoid a credit crunch.

If the mutual bank BPCE warned that it would not borrow cash to the ECB, the other three major French banks have refused to say if they had chosen to take advantage of 1% currently offered by the European institution. 

Yet some analysts say they have obtained information on these establishments participating in this exercise refinancing.

And the Morgan Stanley analysts said in a research note published Thursday that BNP Paribas and Credit Agricole had participated.

BNP Paribas "has confirmed that they have participated and made billions," writes Morgan Stanley.

In any event, communication of French banks in this regard calls observers.

"I think it is a blunder from the time when other banks have clearly responded, saying they were not gone, either by saying that there had gone and how much, "Judge Christopher Nijdam, an analyst at AlphaValue. 

For him, the banks had nothing to lose by playing transparency. "They would have won in the shot image," he adds.

"COMING OUT"

For connoisseurs of French capitalism, is the fear of being stigmatized and considered financially fragile that discourages big banks to play the transparency.

Another argument cited the desire to keep a low profile and not be open to accusations of some politicians who accuse them of gorging cash while restricting access to credit say in France.

Another analyst suggests in turn a possible directive of the Prudential Control Authority (ACP).

Contacted by Reuters, nor the French Banking Federation, nor the Banque de France nor Societe Generale, BNP Paribas and Credit Agricole have desired s express on the subject. 

For an official of a foreign bank based in Paris, the silence of French banks in this case falls rather within the culture of secrecy and reluctance to transparency of their own.

To this financier, this attitude is all the more "archaic" or "grotesque" they risk no stigma.

Indeed, 800 banks went to the counter of the ECB and those who have formalized their participation in LTRO were not punished the stock market.

Britain's Lloyds Banking Group said on Wednesday he borrowed £ 11.4 billion (13.7 billion euros) to the ECB and the Italian Intesa Sanpaolo has done the same, saying he had borrowed ; 24 billion euros.

French banks would then, according to this official, nothing to fear. 

"It's like a coming-out: you most afraid to announce it but once that's done, you quickly realize that everyone cares," joked it.

Financial analysts also note that this is partly due to LTRO that much of European banks have experienced a sharp rebound in stock.