2.  I- Business & economics during Christmas holidays  II- Business & economics overview of 2009  III- Prospects for 2010

4.  Volvo is now Chinese! (22/12)  Opec wants to stabilize oil prices between 70 and 80$ a barrel (23/12)  Veolia and trennitalia on (24/12) FT and figaro  S Korea won nuclear battle (27/12)

5.  Wall street is red while FTSE is green. (01/01)  IMF allows Ukraine to lower its reserve to pay Russian gas (01/01)  Nokia is still fighting Apple on patent issues

6.  Veolia has a new partner  Liberalized market between two state’s town  First route: Milano-Paris  Challenge SNCF on the Lyon-Paris route  30% cheaper travel

7.  20 Billion € contract lost by french consortium  South Korean consortium leaded by Kepco wins the contract for 4 Nuclear Power Plant Source : Le Figaro

8. Disavantages  Expensive  Unsafe Advantages Better utilization of nuclear raw material Better power level Source : Areva

9. - 10 Billion $ already injected by Abou Dhabi - Debt = 70% GDP - Real estate decrease about 47% in one year Source : Le Figaro

10. January February March April May June

11.  Governmental help for crisis  Air France-KLM stays N°1 by buying 25% of Alitalia  EDF buys British Energy

12. January February March April May June  France is under recession and F. Fillon announces 1000 projects for employment  Germany: 50 B$ against the crisis  CAC 40 is at it’s lower level since 2003

13. January February March April May June  End of Guadeloupe’s global strike  Pressure on tax havens  TVA is lowered for restoration

14. January February March April May June  H1N1 pandemia is growing  Crisis is has a lot of social impacts (strikes, unemployment…)

15. January February March April May June  Berlin chooses Magna to take over Opel  General motors goes slowly bankrupt  Obama slows down fuel consumption

16. January February March April May June  2 Airbus crashes  Crisis on Aeronotics  Fiat buys 20% of Chrysler

17. July August September October November  Carbon tax’s debate  Volswagen buys Porche  Low TVA for restoration is evaluated

18. July August September October November  Surprising great RNB for France  Bonuses for traders criticised

19. July August September October November  Unemployment slows down  Pittsburgh agreement on world economy and finance regulation

20. July August September October November  Rio wins rights for Olympic games  China prevents 9% of growth for 2009

21. July August September October November  Warren Buffet buys Burlington Northern for 34 B$  First difficulties in Dubaï

22. Unemployment rate in 2009 France9,1% GERMANY8,2% UK7,9% SPAIN8,5% USA10,0% GDP in 2009GDP forecasted for 2010 France-2,2%1,1% GERMANY-5,4%6,0% UK-3,8%0,1% SPAIN-3,2%-3,0% USA-2,8%2,7%

23.  In Spain, construction sector has fallen. It represented 26% of GDP  In Germany, the fall of consumption and foreign trade has taken a big part.  In USA:  Bank system and consumption  France: a resistant country  Consumption remain stable  Bank system remain solid even with many money lost

24.  Those countries have recover a positive growth (except for Spain)  In Europe deficits remain above 3%  no date for being under 3%  Many resolutions to preserve bank system