Evening Update Tuesday 14th of May 2024

NEWS
Agriculture Law - The draft agriculture law, focusing on "food sovereignty" and "generational renewal," heads to the National Assembly this Tuesday. Farmers, who rallied earlier this year, await its impact. The bill, born from the agricultural crisis, aims to simplify regulations and promote new farmer generations, though it lacks provisions on income. While farming unions praise its streamlining efforts, environmental NGOs criticize its failure to address ecosystem concerns.

Consumer Credit - French consumers are increasingly turning to consumer credit for financial relief. In 2023, applications surged by 10%, with over 400,000 requests recorded by Meilleuxtaux.com. More than half were for urgent cash needs, especially among single individuals. The average loan for such purposes is around €5,000. Overall, the average amount borrowed has decreased, dropping from €10,000 in 2023 to €8,000 in 2022. French banks issued nearly €50 billion in consumer credit last year.

Missing 12 Year-Old in Toulon - A 12-year-old teenager has been missing in Toulon since Friday, believed to have run away with another minor from the same foster family. Without their cell phones, police are not able to geolocate them. The young man left a note saying he was going to sell drugs in Marseille. The police are conducting searches with assistance from Sanary and Marseille authorities.

Israel Flags in Nice - A collective advocating for peace between Palestinians and Israelis has requested the removal of Israeli flags from Nice town hall. Following an attack in Israel on October 7th, seven Israeli flags were displayed on the town hall's pediment alongside French and European flags. The collective has appealed to the Alpes-Maritimes prefect to order their removal, arguing that the gesture holds significant symbolism. If the flags are not removed, the collective plans to take legal action in the Nice administrative court.

Boradcast of Cannes International Film Festival - Villeneuve Loubet is hosting a live broadcast of the international film festival's opening ceremony, featuring a preview of Quentin Dupieux's film "Le deuxième acte". Experience the Cannes atmosphere tonight at 6:30 pm at the Escoffier Cultural Centre. Tickets are seven euros and include a complimentary glass of champagne. Reserve your spot by calling 04.22.13.60.70.

 

BUSINESS
As hybrid work models become more common, businesses are downsizing their office spaces. This shift offers a chance to reimagine city centers, with companies seeking smaller but higher-quality offices. JLL reports that nearly half of clients in major markets plan to reduce their office footprints in the next few years. This trend, combined with expiring leases and a focus on sustainability and hybrid work, will likely lead to a significant increase in available commercial space. For instance, in central London, this downsizing could free up millions of square feet of office space.

A new study by the Oxford Internet Institute suggests that internet access is linked to positive wellbeing globally. While concerns about online harms have led to new laws, the study emphasizes the overall benefits of being online. Analyzing data from 168 countries, researchers found that internet users reported greater life satisfaction and social wellbeing. While the study didn't focus on social media, it highlighted positive associations between internet use and wellbeing, though some negative links were observed, particularly among young women. The study underscores the need for more data-driven regulation in addressing online safety concerns.

The developers of the upcoming Marvel game faced backlash after testers were asked to sign a contract barring negative reviews. Marvel Rivals apologized for the restrictive terms, promising to revise the contract to be more creator-friendly. The game, a collaboration between NetEase and Marvel Games, sparked controversy over its non-disparagement clause.

 

SPORTS
Golf - A stunning final back nine saw Rory McIlroy reel in overnight leader Xander Schauffele and claim a fourth career Wells Fargo Championship. McIlroy trailed by two shots after seven holes, but four birdies and two eagles in the next eight saw the 35-year-old surge six shots clear.

Rugby Union - Sale director of rugby Alex Sanderson has signed a new three-year deal with the Premiership club. The 44-year-old made 90 appearances for the Sharks as a player and returned to the club in January 2021. Sale reached the Premiership final last season and are fourth in the table with one game of the campaign to go.

Cricket - Rob Key says English cricket will "have to do without Jimmy Anderson" after the fast bowler calls time on his legendary career against West Indies at Lord's in July. Anderson, England's all-time leading wicket-taker, is retiring from Test cricket following talks with managing director Key, coach Brendon McCullum and captain Ben Stokes.

 

WEATHER
Grey clouds cover the skies of the Riviera throughout the day with occasional showers. Moderate winds with gusts of up to 65km/h. Highs of 21 in Nice and Saint-Tropez, 22 in Cannes, 23 in Toulon and 24 in Marseille.
Tonight, rain all around the region, lows 16 degrees.
Outlook for tomorrow, rather chaotic weather with rainy mornings, thunderous afternoons and clear night. Highs of 18 degrees.

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