Riviera Radio News - Tuesday, April 18th

Local News

President Macron Addresses The Nation - Emmanuel Macron has set himself a deadline of 100 days to move past the unpopular retirement reform and revive his presidency. During a televised address last night, Macron acknowledged the political deadlock surrounding the reform and stated that the answer cannot be found in inaction or extremism. He also outlined several other areas of focus, including work, security, and health, in an attempt to regain momentum after weeks of protests and unrest.

Airbus & Air France Exonerated - Air France and Airbus have been cleared of charges of involuntary manslaughter over the fatal 2009 Rio-Paris crash by a French court. The court stated that even though errors were made, a causal link between the errors and the crash could not be proven.

The judge acknowledged acts of negligence by both companies but stated that there was not enough certainty to hold them liable for the crash. The crash remains the worst in French aviation history, resulting in the death of all 228 people on-board. 

New Health Campus In Nice - Nice Côte d'Azur is set to inject €6.8 million into the creation of a new health campus. The funding will go towards creating a 10,000m² campus and renovating 7,000m² of existing buildings. The new campus will be on the Saint-Jean-d'Angély site, replacing two open-air car parks. The project aims to bring together all health training in one place. It is expected to be operational by 2027.

Medieval Dungeons - Police holding cells in Nice have been described as "medieval dungeons" by the region’s lawyers. “L’Ordre des avocats de Nice” has taken legal action against the Minister of the Interior to demand compliance with sanitary regulations. The “lawyers found shocking conditions during a visit to a police station in Nice, with no hygiene kits, unchanged paper blankets, and filth, although a spokesman for the home office said conditions have improved.

Castorama Protests - Employees of the Castorama store in Le Cannet have rallied in support of two colleagues summoned by management for participating in unauthorized protests demanding a salary increase. The event was organized by the CGT union, and dozens of workers participated, wearing vests and flags in the union's colors and chanting songs. The union has called for action to counter the disciplinary sanctions facing Emilie Briche and Nicolas Euzenot. Castorama employees have occupied several stores, including the warehouse in Marseille, to press for a salary increase.

Bernard Tapie Netflix Outrage - The upcoming Netflix series about the life of French businessman Bernard Tapie has sparked outrage among his family. The mini-series, features a number of notable French actors and follows the so-called "romantic destiny" of the controversial figure. M. Tapie's daughter, Sophie, has called for a boycott of the series on social media, citing disrespect towards her late father's wishes. The series' creators deny any lack of respect and say it is their own subjective portrayal of Tapie's life. The programme is set to be released on September 13th.

Thierry Henry Speaks Out On The Galtier Affair - Former football player and current pundit Thierry Henry has called on OGC Nice to speak out on the Christophe Galtier affair. Galtier, the former coach of OGC Nice, has been accused of making racist remarks. Thierry Henry has criticized the club for not speaking out and has called on someone from Nice to explain exactly what happened. The allegations against M. Galtier were revealed in an email from former OGC Nice director Julien Fournier.

Drugged Up Driver - A driver has been arrested and placed in custody after being caught driving under the influence of cocaine and alcohol and speeding at 115 km/h on the Voie Rapide in Nice. The incident took place last Sunday around 3 o’clock in the morning. The police also found cannabis in her possession. She faces a potential three-year jail sentence and a €9,000 fine, as well as a suspended driving license.

Fire In La Trinité - There was drama in La Trinité yesterday, as over 60 firefighters and 20 vehicles were deployed to control a fire that broke out in a garage and threatened to spread to nearby homes and vegetation. Thankfully, the blaze was successfully contained and there were no injuries.

Dominos Pizza To Open In Antibes - We finally have a date for the opening of the much anticipated Dominos Pizza in Antibes. The pizza delivery service will launch next Monday, April 24th on Avenue du 24-Août.

High School Driving Challenge - Two 17-year-old high school students from Menton have embarked on an extraordinary adventure, travelling from Menton to Paris in a car not needing a driver's license. Jordan Ursulet and Enzo Puech have found sponsors to assist them in their journey, and they are documenting their trip on social media. The 2 boys expect they 2000km journey to conclude in Paris on April 19th.

Grand Prix - Melanie C will be among the stars coming to Monaco for the Grand Prix next month. The former Spice Girl will be one of the star DJs performing at the Amber Lounge. Other performers include Fatman Scoop and The Goodboys. Amber Lounge is celebrating 20 years this year with a star-studded line-up and a series of exceptional events.

Dolphin Spotted - Finally, a dolphin has been spotted in Cannes. The mayor of Cannes, David Lisnard, tweeted the sighting which took place around 7.45 yesterday morning close to the Port Canto.

 

Business

Strong Corporate Earnings - Despite the economic gloom, corporate earnings are off to their best start in a decade, that’s according to the Bank of America. 90% of S&P 500 companies are beating their earnings per share estimates in the first quarter. This includes JPMorgan, Chase & Co., Citigroup Inc., and Wells Fargo & Co. who reported impressive results, mitigating fears of an industry crisis after the collapse of Silicon Valley Bank.

Retirement Savings - American workers are realizing that $1 million won't be enough to retire comfortably as the cost of living in the U.S. rises. According to the Schroders 2023 U.S. Retirement Survey, workers aged 45 and older believe that $1.1 million in savings would be enough to retire, while millennials are aiming for $1.3 million. However, financial professionals suggest saving even more, and some Americans believe it would take $3 million to $5 million to feel wealthy.

With just 29% of millennials and 21% of older workers expecting to reach $1 million in retirement savings, financial advisors warn that the goalposts for retirement savings are shifting higher.

New Volkswagen EV - Tesla is set to face face fresh competition from Volkswagen's newly unveiled flagship EV, the ID. VW hopes to attract customers from Tesla's Model 3 and Model S with a low entry price, roomy interior, and a 300-mile-plus range. Analysts predict it could steal consumers from both direct competitors and Tesla's customer base, as some Tesla owners grow tired of outdated designs. The ID.7 is set to arrive in the latter half of 2024, with a price expected to be well below €60,000.

Angry Birds Sold To Sega - Sega is acquiring Finland-based Rovio Entertainment for €706m. The maker of the Angry Birds video games has agreed to be bought by the Japanese gaming business behind Sonic the Hedgehog. Rovio has about 550 employees across its eight game studios worldwide.

SpaceX Rocket Launch Delayed - The launch of the most powerful rocket ever developed has been delayed. The vehicle, known as Starship and operated by SpaceX, was due to lift off just after 3pm this afternoon our time from a launch pad in Texas. It stands almost 120m high and is designed to have almost double the thrust of any rocket in history. SpaceX will now try to get Starship airborne later this week.

Sport

Football - Liverpool were on fire yesterday, thrashing Leeds 6-1 at Elland Road. Mohamed Salah and Diogo Jota both scored twice as the reds claimed a first league win in five games. Leeds have now conceded 11 goals in consecutive home games and remain in a relegation battle. It’s Liverpools first win since their 7 goal hammering of Manchester United at the start of March.

In the Champions League quarter final 2nd leg  matches tonight, Chelsea will have to overcome a 2-0 deficit if they are to progress past Real Madrid. Chelsea have held talks with Julian Nagelsmann as part of their search for a new manager. The German was recently sacked by Bayern Munich after less than two years in charge.

In tonight’s other match AC Milan hold a slim 1 goal advantage over Napoli.

Cricket - Ben Stokes has been named Wisden's leading cricketer in the world for the third time in four years. The England captain has transformed the fortunes of the Test team and played a starring role in the T20 World Cup final win against Pakistan in November.

American Football - Quarterback Jalen Hurts has reportedly agreed a new deal with the Philadelphia Eagles that makes him the highest-paid player in NFL history. The 24-year-old, who led the Eagles to Super Bowl 57 in February, has agreed a five-year extension to the end of 2028. The deal is said to be worth $255m. 

Basketball - AS Roca Monaco will play Maccabi Tel Aviv in the Euro League playoffs. The first of 5 matches will start on April 25th with the winners qualifying for the semi-finals. AS Roca will be hoping to repeat their success in a tournament they won just a couple of years ago.

Weather

Today will be mostly sunny and dry, with some cloudy spells particularly in the Var. Any clouds this morning will clear up later this afternoon. Winds are light and temperatures will rise to 18° around Monaco. Winds will be a little stronger in the Var turning from the ESE this afternoon, gusting up to 25 km/h. Temperatures will reach 20° around St Tropez.

Tonight will be mostly clear as temperatures drop to an overnight low of 10°. Tomorrow will be mostly sunny, with just a few passing clouds. Temperatures similar to today.

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