National Tribute - September 13th could soon be declared as a national day of tribute to “all the victims of terrorism”. The memorial day was first started in 1998 and was originally a national tribute to victims of bombings and mass accidents. French President Francois Hollande will however lead a tribute to all victims of terrorism in Paris today.
Emmanuel Macron - Supporters of former French economy minister Emmanuel Macron have gathered in Nice as rumours continue that he’ll run for the Elysee Palace next year.Supporters staged a rally on Saturday night in Nice.Mr Macron has not yet confirmed his official candidacy for the 2017 presidential but according to reports he is expected to make an announcement by the end of the month.
Flying the flag - A retired couple have been asked by their tenants association to remove a French flag in their garden. The co-owners of the residence in Nice had sent a letter asking for them to remove the flag. The couple had put the flag up for the final of Euro 2016 football tournament and had left it there following the Nice Attack as a tribute to the victims. According to local reports this is not the first case of this type in the region, in February a couple living in a residence in Cagnes-sur-mer had received a similar letter after they put a French flag up on their balcony following the Paris Attacks.
Nice – According to a recent survey carried out by the National Geographic magazine Nice has come 4th as the most beautiful city by the sea in the world beating Miami and Rio de Janeiro. Barcelona, Cape Town and Honolulu took 1st,2nd and 3rd place in the ranking.
Stabbing - The 15 year old schoolgirl who was stabbed by one of her classmates at the Louis Armand high school in Villefranche sur Saone near Lyon last week has died from her injuries. The victim had received multiple stab wounds in the back during the attack which took place on the school premises. The attacker was arrested shortly after the incident and a criminal investigation has been opened.
Jaques Chirac - Former French president Jacques Chirac has been admitted to hospital with a lung infection. Chirac, who was the head of the state from 1995 to 2007, was flown back to Paris on Sunday. The former French president had been taken ill whilst on holiday in Morocco.
Auction - World War II tanks and motorbikes have fetch impressive prices at an auction in Normady. Some 131 items from the Normandy Tank Museum were up for sale following the museums founder Patrick Nerrant's decision to close the museum and sell off its entire collection after figures showed a 30 percent drop in visitors.
The Bank for International Settlements says that risks of a Chinese banking crisis are increasing. In its latest quarterly review,the BIS says that a key gauge of stress in the banking sector is now more than three times above the danger level pointing to the widening gap in the credit to GDP ratio. China’s credit to GDP gap hit 30.1 in the first quarter of the year.The BIS considers a credit to GDP gap of 10 or more to be a sign of potential danger. The BIS calculates the gap by looking at borrowing in relation to the size of the economy and comparing that with the long-term trend on that ratio. When the two start to diverge the BIS argues that a banking crisis could be on the way. A report by Bloomberg says that hedge funds are dumping gold at the fastest rate since May ahead of the US Federal Reserve’s policy meeting this week. Bloomberg says that speculators have cut their bets on a bullion rally by the most in three months. Holdings in global exchange-traded funds backed by gold are down from a three month-high in August and heading for their biggest monthly decline this year. Speculation is mounting that the Fed will signal that higher interest rates are on the way which would be bad news for gold as it benefits as an alternative asset. The net-long position in gold futures and options fell by 11 percent last week-the biggest decline since the week ending May the 24th.
And-Tens of thousands of people have protested in Germany over the weekend against the proposed transatlantic trade deal between the US and the EU. Protestors say that the Transatlantic Trade and Investment Partnership TTIP will lower European standards on food and environmental protection and could lead to outsourcing and job losses. Supporters of TTIP say that it will bring lower tariffs and promote growth. The US and EU started negotiating the TTIP deal in 2013 aiming to create the world’s largest free trade market with 850 million consumers. A new round of talks is due to start next month although there are a number of major stumbling blocks which could prevent a deal being struck by the time President Obama leaves office in January.
Formula 1-Nico Rosberg has opened an 8 point lead over Lewis Hamilton at the top of the drivers’ championship after winning the Singapore Grand Prix with comparative ease on Sunday. Rosberg was pushed hard by Daniel Ricciardo in the Red Bull who finished second with Lewis Hamilton in third after a cat and mouse game with Ferrari’s Kimi Raikkonen. There are 6 races of the season left and the action switches to Kuala Lumpur for the Malaysian Grand Prix in two weeks.
Atheltics-The Paralympic Games have ended in Rio after 11 days of excitement and endeavour. China ended top of the medals table with 107 golds in a total of 239 with Team GB in second place with 64 golds in a total of 147.Ukraine finished in third place with 41 gold medals in a total of 117. The games have been hailed as a success despite fears over ticket sales and concern that they would have to be scrapped owing to a lack of funding. The next Paralympic Games will be staged in Tokyo in September 2020.
Football-Manchester United have lost for the third time in a week after being beaten 3-1 at Watford in the English Premier League on Sunday. In the day’s other results Crystal Palace beat Stoke 4-1.Southampton were 1-0 winners over Swansea and Spurs beat Sunderland 1-0. In the Scottish Premier League on Sunday Dundee lost 3-1 at home to Aberdeen and Inverness Caledonian Thistle drew 2-2 with Celtic.
Tennis-Argentina have beaten Great Britain to move into the final of the Davis Cup. The tie was decided in the final rubber between Dan Evans and Leonardo Mayer with Mayer coming through in 4 sets to put his side into the final against Croatia in November.
Rugby Union-There were two games in the Aviva Premiership on Sunday.Wasps hammered Bristol 70-22 with Leicester winning 14-13 at Newcastle.
Clear skies with light to moderate south westerly winds. Top temperature 27 degrees Celsius. Overnight lows of 18 degrees on the coast and 13 degrees inland.
Tuesday and Wednesday-Partially cloudy tomorrow,showers and scattered thunderstorms on Wednesday.