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Evening Update 30 Nov

Housing - Despite national rents dropping 1.2%, accommodation in Nice is becoming more expensive. A new report today, shows rent in the city are climbing faster than inflation, and have risen 2.4% in the last year alone. However, Nice is not alone in property increases. The city of Aix-en-Provence has seen increases of 3% so far this year.

Robbery - Four teenagers between 13 and 16 years of age, have been indicted by police in Cagnes sur Mer, for robbery. They’re accused of accosting two younger teens near the Jules Verne College and charging them a so-called ‘tax’ to pass, which included a music speaker, mobile phone and glasses.

Cours Selaya - Nice city council has presented a project for the Cours Saleya, to reorganize the flower stalls and terraces. €1.3 million euros is planned to be spent, with the project finished by 2019.

Singer - Rumours that iconic French singer Johnny Hallyday has passed away are unfounded. The rumours have been sweeping social media for the last 24 hours but a family member has confirmed, despite the 74 year-old stars battle with cancer, it’s still Johnny Be Good.

BUSINESS

The price of digital currency Bitcoin has fallen by a dramatic 20%, in a period of wild trading since it passed the $11,000 mark yesterday, trading today around $9,000 a coin. This week, the Bank of England warned investors to do their homework on Bitcoin, as unlike traditional currencies, it is not issued by a central bank or government.

South Korea is to write-off the debts, for as many as 1.6 million people, in a move to ease the financial burden on low-income workers. To qualify, individuals must prove they earn a monthly income of less than $910, and show they have struggled to pay back a debt not exceeding $9,000 for more than ten years.

Elon Musk's infrastructure firm, the Boring Company, are to compete to build a new high-speed transport link between Chicago O'Hare Airport and the city centre. The plan involves electric pods travelling in underground tunnels.

SPORT

Football - OGC Nice are proving, once again, they could be the king of the comebacks. Last night at Toulouse, they were reduced to ten men and 1-Nil down, when they came back to eventually win 1-2 in extra time. Speaking after the game, coach Lucien Favre said, the win was good for everyone and amazing for team morale.

All eyes are on Moscow tomorrow for the official World Cup Final draws, which take place at 4pm French time. The draw will be hosted by former England striker, and BBC television presenter, Gary Lineker. Germany are the bookmakers' favourites to win, followed by Brazil, Spain and France.

David Silva has signed a one-year contract extension to keep him at Manchester City until 2020. The Spaniard joined the Blues from Valencia for £24m in 2010, and since then, has won two Premier League titles, an FA Cup and two League Cups during his time with team.

Rugby - Scarlets centre Hadleigh Parkes will make his debut for Wales in their game against South Africa in Cardiff on Saturday, the day he qualifies through residency. The New Zealander will line up at centre alongside Scott Williams.

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