Evening Update Thursday 01 September

Emergency services have been busy today with a number of local incidents.  In Antibes, an eighty-year-old man going for a swim at Salis beach, suffered a heart attack before he entered the water. Passers-by used a local defibrillator to save the man's life on the spot. Police in Cannes are investigating an incident where Molotov cocktails were thrown last night at a group of young people camping in a garden on Rue Fellegara. No motive is known for the attack. And a woman is recovering after an accident which severely disrupted traffic on the A8 this morning. The accident happened just before noon when two cars collided on the westbound side of the auto-route near Puget-sur-Argens. The woman is recovering and there were no serious injuries.

In Monaco, the option for remote working is to be extended until the end of the year for employees from Monaco, France or Italy. Remote working for a company based within the principality poses certain legal challenges, especially for social taxes, as those taxes are based on where you physically work and not on which territory the employer is based. The pandemic-led requirement to work remotely was set to end on 1st June, but after exchanges between French and Monaco authorities, it’s been extended until December 31st as the Coronavirus is still active.

A fireman near the city of Nancy has taken his own life by extending the 30-metre ladder on his fire truck and jumping from the top. The 36-year-old, who fought fires which ravaged the Gironde this summer, leaves behind a four-year-old child.

The France Connect system for logging onto various administrative services, such as the Ameli health or Impots tax websites, has been temporarily suspended due to several cases of fraud. The contractor which operates the service say they are making a gradual switch to more secure identification services. In the meantime, the websites are still available using a website's specific username and password.

Monaco’s biggest celebrity gala, supporting ocean conservation and planetary health, will not go ahead this year. Organised by the Prince Albert II of Monaco Foundation, for the past five years, the gala has been attended by the likes of Leonardo DiCaprio, Nicole Kidman, Katy Perry, Robert Redford, Sting, Orlando Bloom and many more. Organisers say due to an unusual series of events, including the war in Ukraine, the foundation has decided to take a break from such a showy event for this year.

BUSINESS

In a key indicator of recession in the United States, the jobs market is proving to be very resilient, with unemployment claims declining once again, down 5,000 to a seasonally adjusted 232,000 for the week ending Aug 27th.  The US Department of Labour says there are two jobs for every unemployed person, despite the fact GDP has contracted twice this year and the Fed has hiked its policy rate by 2.25% since March.

However, in Europe, manufacturing activity across the eurozone declined again last month, as people feel the pinch from the deepening cost of living crisis. Next week, the ECB is expected to raise borrowing costs further to try and tame inflation, which is currently running at 9.1%, over four times the 2% target.

SPORT

Football - Leicester City have signed defender Wout Faes from French club Reims. The 24-year-old comes in as a replacement for Wesley Fofana who joined Chelsea for about £70m this week. Faes joins on a five-year contract for an undisclosed fee with the move subject to international clearance.

Liverpool is trying to sign Juventus midfielder Arthur Melo on loan before the transfer window closes at midnight tonight. Arthur has made 31 appearances for Juventus last season but has not played in the present campaign.

Tennis - We have a huge game today for one of our local heroes when Fabio Fognini from SanRemo takes on world number three Raphael Nadal. The charismatic Italian has won four of his games against Nadal, most recently defeating him in Monte Carlo in 2019. Speaking at the US Open he said, he knows it will be a tough game but both players know each other well, he will play his best tennis possible and try to enjoy the game. Good luck Fabio!

Formula 1 - Fernando Alonso, who called Lewis Hamilton an idiot after their crash at the Belgian Grand Prix, has apologized saying Hamilton is a legend of our time and that his comments were in heat of the moment. At the start of Sunday's race, Hamilton turned in on Alonso, who launched into the air. Alonso was heard on the team radio calling Hamilton an idiot who only knows how to drive and start in first.

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