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Evening Update 28 Sept

Health - France’s health system, once known as one of the best in the world, has just been beaten by Sweden .. and Germany and Denmark and the Netherlands. The IPSOS survey of five major European countries, showed most Europeans felt their health system had got worse, but the French were by far the most critical, with 59% saying the situation has got worse in the last 10 years. Despite the gloom, French respondents did believe the national healthcare system is much better than the European average. The survey comes at the end of a week of protest at CHU Hospital in Nice, where staff have been protesting a lack of resources. Normal operations will begin again from Monday.

Speed - The Prefecture of the Alpes Maritimes has confirmed that the speed limit on the A8 motorway will drop from 110 to 90 km/h in both directions between Cagnes-sur-Mer and St-Laurent-du-Var from this Monday 1st October. The new speed reduction aims to limit the risk of accidents, improve the flow of traffic and reduce noise pollution.

Yacht - In Monaco, just three yachts have dominated Superyachts Awards this year, led by Oceano’s ‘DAR’ which won the Best Exterior Design and Best New Superyacht Awards, followed by Pride Mega Yachts ‘Illusion Plus’ for the Interior Design Award and Tankoa Yachts ‘Solo’ for the Environmental Standards Award.

BUSINESS

Monaco has become the first country in the world to test 5G technology, with a demonstration carried yesterday in the principality, being hailed a huge success. Monaco Telecom, who carried out the test, hope to be the first telecoms company to offer 5G throughout Monaco early next year.

Italy’s governing parties have agreed to a 2.4% deficit target for 2019, despite opposition from the Finance Minister. The deficit target is three times higher than the number previously planned. The higher public spending could spark negative market reactions, given that Rome holds the second highest debt pile in the euro zone, totalling 2.3 trillion euros.

The boss of Millennium & Copthorne Hotels has stood down three months after taking over. The company say they have mutually agreed Jennifer Fox will leave her CEO post with immediate effect and that she will receive a contractual entitlement £1m payoff. Last month, the hotel group reported revenues in the first half of the year fell to £477m, down from £485m the previous year.

SPORT

Formula 1 - Lewis Hamilton headed Valtteri Bottas to a Mercedes ‘one-two’ in second practice at the Russian Grand Prix, as title rival Sebastian Vettel struggled. Hamilton pipped Bottas by 0.199 seconds, while Vettel was fifth fastest in the Ferrari, 0.543 secs off the pace. Vettel, who had a spin late in the session, starts the weekend 40 points behind Hamilton, with a maximum of 150 available over the remaining six races. The Red Bulls of Max Verstappen and Daniel Ricciardo were third and fourth.

Golf - The United States have stormed into a 3-1 lead after the morning Ryder Cup fourballs, as Europe's bid to win back the Cup got off to a rocky start in Paris. Dustin Johnson and Rickie Fowler thumped a poor Rory McIlroy and Thorbjorn Olesen ‘4&2’ before Brooks Koepka and Tony Finau came from two down to steal a point from Justin Rose and John Rahm on the 18th. Paul Casey and Tyrell Hatton were three down, after seven holes, but fought back to level with Justin Thomas and Jordan Spieth with five to play, only to slip away again and lose by one hole. The solitary European point came courtesy of Francesco Molinari and an inspired Tommy Fleetwood, who surged past a muted Patrick Reed and Tiger Woods 3&1. Jim Furyk's men are favourites to retain the trophy, 25 years after the last US victory on foreign soil.

Football - OGC Nice coach Patrick Viera says the team are far from dreading tomorrows encounter with league leaders Paris St-German, but are in fact excited and looking forward to it. He said fear only leads to mistakes, so the team will hit the pitch in front of a packed home crowd and give it everything they have. The game kicks off at the Allianz Riviera tomorrow at 5.15pm with gates open from one.

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