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France plans fund to ease burden of toxic municipal loans
Tue Jun 18, 2013 12:01pm EDT * Fund would help local authorities with structured loans * French state eager to prevent wave of costly lawsuits PARIS, June 18 (Reuters) - The French government will set up a special fund to help the numerous local authorities that are struggling with the burden of "toxic" loans, the finance ministry said on Tuesday. The fund is to be set up with local ...
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Russia signs first contract at Paris Air Show
Planes The Russian delegation has landed its first deal at the Paris air show, selling all-weather K-52 Alligator helicopter gunships to Iraqi officials. Airplanes of all shapes, sizes, and nationalities have taken to the Parisian sky this week at 50th Le Bourget air show, and Russia has concluded its first sales on day two of the bi-annual exhibition. The Iraqi order is part of a $4 ...
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Michel Hazanavicius Defends French Position on Cultural Exception in U.S.-E.U. Trade Talks
France Mulls Smartphone and Tablet Tax to Fund Culture "This is indicative of those people who are not elected and govern Europe with great arrogance and conceit," said Hazanavicius in an interview with radio Europe 1 on Tuesday. "This way of working alone without listening to anyone creates European dogma but no European ...
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French MP calls for Barroso to resign
French MP and Vice President of the Rarty of European Socialists, Jean-Christophe Cambadelis said European Commission head, Jose Barroso should resign after calling the French 'reactionary' on trade talks. The remarks were made after Paris won concessions on thew EU - US trade talks, having gained an excemption for culture, which the state subsidises and supports through rationing film ...
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2 French football stars on trial for sex with underage prostitute
This combination of AFP file images shows French international footballers Franck Ribery and Karim Benzema (L). Two French international footballers Franck Ribery and Karim Benzema went on trial on June 18, 2013 in Paris charged with paying for sex with an underage prostitute. AFP PHOTO PARIS -- The trial of French football stars Franck Ribery and Karim Benzema for having sex with an underage ...
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French footballers Franck Ribery and Karim Benzema in court over charges of paying for sex with under-age prostitute
Bayern Munich winger Franck Ribery and Real Madrid striker Karim Benzema both deny the allegations and the young woman involved, Zahia Dehar, testified that neither player knew she was under 18 at the time.Under French law, the age of consent is 15 but paid sex with anyone less than 18-years-old is classified as sex with a minor and the pair face up to three years in prison and a maximum fine of ...
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France St-Louis added as Olympic assistant chef de mission
Olympic hockey silver medallist and former Team Canada captain France St-Louis will be an assistant chef de mission at Sochi. (Kevork Djansezian/Associated ...
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French Footballers On Trial Over Sex Claims
French international footballers Franck Ribery and Karim Benzema have gone on trial charged with paying for sex with an underage prostitute. Bayern Munich winger Ribery and Real Madrid forward Benzema face up to three years in prison and a maximum €45,000 (£38,500) fine if ...
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Australian woman seeks diagnosis on French accent
15/07/2012 11:44 CET An Australian woman is seeking a clear diagnosis on whether or not she has an extremely rare condition described as foreign accent syndrome. Leanne Rowe from Tasmania claims a bus crash eight years ago left her with a French accent, even though she’s never been to France. Doctors say the syndrome is caused by tissue damage to part of the brain, affecting ...
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Vivendi urges France Telecom to bid for Maroc Telecom
French media group Vivendi is reportedly urging France Telecom-Orange (FT-Orange) to place a bid for Vivendi's controlling stake in Moroccan incumbent telco Maroc Telecom, the Wall Street Journal reported. According to people familiar with the matter, FT-Orange has been contemplating a potential bid for the North African telco for months, though no decision has been made yet. A spokesman ...
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Reshoring initiative by the French government
The French Industry Minister Arnaud Montebourg announced the establishment of Colber 2 platform, as part of the Reshoring initiative by the French government. The French Reshoring initiative resembles to the US and Swedish efforts to persuade companies that took jobs overseas to return to their country of origin. The mission of the Reshoring Initiative both in France and the US is to bring ...
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Trial of Benzema and Ribery begins in Paris
Benzema and Ribery are in court in Paris Ribery, 30, and 35-year-old Benzema are two of eight defendants. They could be sentenced to three years in prison and fines of €45,000 if found guilty.The case was brought to the attention of police by an anonymous tip-off in September 2009. Ribery and Benzema allegedly met Zahia Defar, then a prostitute, in a Champs-Elysees nightclub before engaging ...
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Obama schedule for Tuesday June 18
U.S. President Barack Obama is followed by U.S. First Lady Michelle Obama and their daughter Malia walk to Marine One as they depart the White House in Washington on June 16, 2013. Obama is traveling to Northern Ireland to take part in the G8 Summit. UPI/Joshua ...
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Upgrade for French AWACs
The first of four French E-3F Airborne Warning and Control aircraft is being upgraded by Air France Industries, a sub-contractor to Boeing of the United ...
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Upgrade for French AWACs
The first of four French E-3F Airborne Warning and Control aircraft is being upgraded by Air France Industries, a sub-contractor to Boeing of the United ...
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Boeing launches plan for longer 787 jet at Paris Air Show
LE BOURGET, France -- Boeing Corp. is starting work on a stretched-out version of its popular 787 Dreamliner jet, in the hope of reigniting interest in the aircraft after battery-related problems. Boeing announced the formal launch of its 787-10 program at the Paris Air Show on Tuesday and says it already has commitments from several customers, including United Airlines. The original 787 can ...
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European Aviation Firms Spotlighted At Paris Air Show
The world's premier commercial and military aviation and space trade fair is underway. The Paris Air Show is celebrating its 50th anniversary this ...
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French Ambassador Denunciation and renunciation of violence are the basis for reforms to continue in Bahrain
Manama: June 18 -- (BNA)-- The French Ambassador to the Kingdom of Bahrain, H.E. Monsieur Christian Testot, emphasized that condemnation and renunciation of violence are conditional for the reform march to proceed in Bahrain, accentuating that each side should define its political strategy and respect diversity and civil peace. The French Ambassador in Bahrain praised the GCC-member ...
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French book on maritime development released in China
/enpproperty--> A Chinese version of The New Frontier of Oceans, a French book detailing maritime boundaries and resources, was launched on Monday at the Social Sciences Academic Press in Beijing. The book, considered one of the most authoritative in its field, can assist in maritime policy-making. Edited by the French Development Agency, the book collates the work of more than 400 ...
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Opel leads renewed decline in French car orders - survey
PARIS, June 18 | Tue Jun 18, 2013 4:56am EDT PARIS, June 18 (Reuters) - French auto dealers suffered a 3 percent fall in passenger car orders last month, according to a survey published on Tuesday, resuming their decline after a pause in April. Opel and Dacia led the drop in May passenger car orders, which prefigure delivery trends, La Lettre Auto K7 reported in a preview of its ...
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Paris Air Show in pictures
The biannual Paris Air Show has launched in France, with the industry's leading global players showcasing their latest innovations, networking, and making deals. The general public are also in for treats at the show, with a number of flying displays taking place. Here an Airbus A380 flies over Le Bourget airport on the first day of the show. (Getty ...
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French officials face investigation into €403m Tapie payment
Nicolas Sarkozy have concluded that the payment was the result of a "sham arbitration" orchestrated by the lyse during Mr Sarkozy's term, according to records of court ...
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Photos Top-flight aircraft fired up for Paris show
Pilots of an Airbus A400M present their flying display during a preparation at Le Bourget on June 16, 2013 as an Air France plane crosses the sky far in the background on the eve of the opening of the International Paris Air ...
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Paris GECAS embraces Boeing 787-10 Airbus has A380 deal
PARIS -- Airbus announced a commitment from Doric Asset Finance Ltd. for 20 A380s worth $8.1 billion at list price at the Paris Air Show, the biggest superjumbo deal in three years. The memorandum of understanding with lessor Doric is the largest single deal that Toulouse, France-based Airbus has won for the biggest passenger plane after orders from Dubai-based Emirates, the No. 1 A380 operator, ...
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Your glass of Scotch whisky French wine may get cheaper soon
: So, you like your glass of exquisite Scotch at the end of a hard day's work but at the same time you can't help but complain about the spiralling prices of everything including that bottle of imported Scotch you picked up on your way back from ...
Paris Focus
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Paris has one of the largest and most emulated bike-sharing systems in the world
Paris is becoming ever more eco-friendly with bike-sharing becoming the major fad of daily commuters and public transport users. The system is so popular, major expansion plans have been announced.
Paris is already home to the largest bicycle-sharing system in the world, but the corporation set up to manage the city’s most eco-friendly form of public transport, Velib, has extensive expansion plans for the network, which is also one of the most copied in the world. Read more
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