Evening Update Tuesday 4 October 2022

The Covid-19 incidence rate has risen in Monaco. Numbers have also risen significantly recently in the surrounding Provence Alpes Cote d'Azur region. In its weekly update on Covid numbers the Monaco government said that the incidence rate per 100,000 people in the week to last Sunday evening was 197, up from 138 the previous week. The positive rate of tests performed on residents and non-residents was 13.2%. In the week ending the 2nd of October, 77 new positive cases of Covid-19 were detected in the Principality. As at that date 4 people, including 1 resident, were hospitalized at the Princess Grace Hospital but nobody was being treated in intensive care. 39 people were being followed by the Home Monitoring Centre.

The French Secretary of State for Europe, Laurence Boone, has been in Nice today. She held a meeting with Mayor Christian Estrosi who said that they had discussed Nice's cross-border strategy and the Nice Cote d'Azur Metropole including economic and climate issues, the energy crisis and the consequences for communities.

Trains to and from Marseille have been disrupted this afternoon because of a power failure at the Saint Charles station in the city. Services are now beginning to return to normal but SNCF have said that some disruption can be expected to the end of the evening.

Prince Albert II of Monaco has written to US President Joe Biden regarding Hurricane Ian which recently devastated parts of Florida and South Carolina. The Prince said that along with his family and the people of Monaco, he wished to convey his "heartfelt condolences to the families of the victims and our support and compassion to the injured, the displaced people and the many that had to be evacuated". The Prince also saluted the emergency efforts underway in both states. Over 100 people are estimated to have lost their lives in the hurricane during which wind speeds of over 240 km per hour were recorded.

A French scientist has been awarded a Nobel Prize for Physics. Alain Aspect was awarded the prize for "revolutionary experiments" in quantum mechanics along with an American and an Austrian scientist. In a social media post Nice Mayor Christian Estrosi was amongst those offering their congratulations.

 

BUSINESS

There's been further uncertainty around the date of the presentation of the UK government's medium term fiscal plan. UK Chancellor Kwasi Kwarteng has said in a TV interview this afternoon that it will still be announced on 23 November as originally planned. Prime Minister Liz Truss also said recently that the statement would be on that date. However, government sources have reportedly said it will be brought forward in order to reassure financial markets.

The head of energy company Shell has said