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Evening Update 08 Dec

Security - Heightened security measures are to be put in place, during the coming month, across the Cote d’Azur. The Prefect of the Alpes-Maritimes Georges Leclerc announced today, that as the threat of terrorism remains high, and more public events like Christmas markets are to be held, more security forces are to be deployed. He promised the patrols would be more mobile and more extensive than last year.

Court - A jeweller, who shot dead a 17 year-old youth, is to be tried for murder at the Assize Court of the Alpes-Maritimes next May. The jeweller, Stephan Turk, shot the young man dead during a robbery on his store in 2013.

Rent - A new tax of between one and five percent, is to be levied on properties rented though websites like AirBnB. The new tax comes into effect in January 2019, the same time the tax de sejour will start to be collected automatically by the booking websites also.

Parking - The cost of long term parking has come under the spotlight, with a national survey putting Nice in the Top 20 ‘most expensive cities’ in which to park. However, an average €165 per month for a spot in Nice, pales in comparison to Paris, where your own parking spot would cost you an eye-watering €400 a month. Neither Cannes nor Monaco made the list.

Food Bank - People across the Cote d’Azur have been exceptionally generous this Christmas, by donating 126 tons of food to the annual Food Bank of the Alpes Maritimes. Throughout November, a thousand ‘orange vest’ volunteers, worked in 93 supermarkets across the region, and collections were up on last year. The food collected which will create the equivalent of 2 million meals.

BUSINESS

Bitcoin continues its rollercoaster ride, hitting between $14,500 and $17,000 dollars a coin, at various stages today. The volatile nature of the changes are due to the crypo-currency’s imminent listing on two of the world’s largest Future’s Exchanges next week. While critics say Bitcoin is going through a bubble similar to the dotcom boom, others argue it’s rising in price as it’s crossing into the financial mainstream. Investors have been warned to be cautious with the new currency.

The European Union and Japan, the worlds third largest economy, have agreed terms for a free trade deal, which will create the world's biggest open economic area. The deal is being seen as a challenge to the protectionism, championed by US President Donald Trump, with the European Commission President saying the EU and Japan are committed to keeping the world economy working on the basis of free, open and fair markets.

SPORT

Football - Peru captain, and record-scorer, Paolo Guerrero has tested positive for cocaine, and will serve a 12-month ban, which rules him out of the World Cup. The striker, who has scored 33 goals in 84 appearances for his country, tested positive, after a World Cup qualifier against Argentina in October.

In the UK, the Premier League has announced, a number of live football matches, are to be broadcast during prime-time Saturday night television spots. Eight key games will be broadcast in a new 8pm slot on Saturdays during the 2019/2020 season.

Formula 1 - Frenchman Jean Todt has been re-elected, unopposed, for a third term as President of the sport's governing body, the FIA. The 71-year-old ex-Ferrari team boss, will retain his position until 2021, overseeing a critical period of renegotiation of  team contracts, most of which end in 2020.

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