Category Archives: Economy

Rennes: Ancien temple l’automobile, Janais rêve d’une révolution industrielle!

Those who have not experienced the golden era of the Janis have a hard time imagining it. The factory inaugurated in 1961 by General De Gaulle nevertheless experienced such a prosperous period that nearly  people worked there in the 1970s. Buoyed by the success of the Citroën GS or BX, the car manufacturing plant of Chartres-de-Bretagne has long been the flagship of Rennes’ economy. Before slowly and inexorably declining to the point of near-death.

That year, the boss Carlos Tavares had blackmailed elected officials by promising the allocation of a new vehicle to Rennes but under conditions. The boss of Stellantis had sold hectares to the Brittany region, supported by the department and the metropolis for million euros. The price to pay to avoid an outright closure of the historic factory. Remember, it was not won, ”slips Nathalie Appéré, who was then the very young mayor of Rennes.

Seven years after the purchase of what represented a quarter of the land of the car manufacturer, the Janis appears in some places like a desert of bitumen that no one would want. “The site could be ten times full if we had said yes to all the requests”, assures the president of the metropolis Nathalie Appéré. Territoires, the city’s developer, has just launched a call for expressions of interest to attract professionals in “carbon-free construction. Because if the area takes so long to transform, it is because the local authorities have decided to install industrialists there. But not just any. “La Janais is a nugget for the region. But you have to take the time, not just do anything. We made the choice of the industry, it was not the easiest but we believe in it. We are serene,

Ten days ago, the socialist inaugurated the new premises of the Euro-Shelter company, which took possession of a former hangar from where Citroën manufactured prototypes. The company now manufactures mobile units that are very popular with armies or local authorities. “We had already had views on this site for a long time but it was complicated in particular for access because we were in the grip of PSA. We looked elsewhere but found nothing,” explains Benoît Le Lay.


Around his shed, the director of Euro-Shelter can feel a bit lost in the face of the emptiness because the space is so immense. At the entrance to what is now an industrial area, a feverish gate controls access to this still sparsely populated area. Here, the SNCF is renovating its old TGV trains and the Ecodesign company is building houses out of containers. Stellaris and its employees continue to release a few Peugeot and Citroën C5 Aircross when spare parts are not lacking. But we are still waiting to see the arrival of other economic players.

Refusals, the communities have however sent a good number, in particular to Amazon, which dreamed of setting up a huge logistics warehouse there. Faced with the scarcity of land, transport, and logistics companies are looking to expand. Land acquisitions have been significant and therefore need to be developed. Some buildings like the one that housed the shoeing are thermal sieves that will have to be demolished and transformed. It’s easy to welcome companies without knowing what jobs they will offer and for how long they will settle. We prefer to see in the long term, to bet on a new industrial revolution”, justifies Nathalie Appéré. La Janis will not be deserted for long.

Death: What are the steps to bury a loved one abroad?

While losing a loved one is always difficult, having them buried abroad can be particularly difficult to manage because of the administrative procedures to be undertaken, since it is necessary to respect both French legislation and the regulations of the destination country. How to proceed?

Obtain the necessary papers

To be able to repatriate the body, it is first essential to gather several administrative documents. First, you must declare the death to the town hall of the place where the deceased died, so that it can issue you a death certificate. For health reasons, you will also need to request a certificate of non-epidemic issued by the Regional Health Agency (ARS), as well as a notice of non-contagion signed by a doctor. Be careful, this means that if the deceased was carrying a transmissible infectious disease (HIV in particular), it will probably not be possible to be repatriated.

In addition, you will need to obtain authorization to close the coffin or even a closing report from the prefecture of the department where the procedure takes place. If it is the repatriation of a cinerary urn, prefectural authorization is also required. In addition, ask the prefecture for an international permit to transfer the remains abroad, and don’t forget to draw up (or have the immediate family draw up) an agreement for the transport of the body.

To facilitate transport, also contact the consulate of the country concerned in France so that they can issue you with a mortuary pass, if possible in several languages ​​(French and the official language of the State of destination). If the country in question does not belong to the Berlin Convention, also ask the consulate for authorization to enter the territory.

Be aware that certain specific circumstances ( suicide, accident, homicide) may give rise to an investigation and forensic examinations, or even to the opening of criminal proceedings, which will, unfortunately, lengthen the delays even more and may exhausting for loved ones.

Respect the conditions of carriage

In order to be able to travel, the remains must generally have benefited from conservation care, which French legislation prohibits however when the person has been the victim of a contagious disease. In addition, the body must be placed in an airtight and waterproof cold-welded metal box inside the coffin. The latter must also contain an absorbent material and, if necessary, be equipped with a purifier in order to equalize the pressure. Some airlines also require it to be encased in a wooden crate. Ballot boxes are also subject to various regulations and cannot be carried in the cabin.

Contact a funeral home

Under no circumstances can the family take care of transporting the deceased themselves. The transport of the body, whether carried out by land or air, must necessarily be taken care of by a specialized funeral service. This intervention generally includes the preparation of the body (mortuary or ritual washing, care) and the provision of an adequate coffin that meets the standards required by health authorities and airlines. You should also know that some companies offer to take care of a large part of the administrative procedures, and can even, in some cases, book plane tickets for relatives on board the same aircraft as that in which the body of the deceased will travel. deceased.


As a result, the price of this type of service is relatively high and will depend on the length of the journey (road transport) or the weight of the beer (air transport). In total, it is between 3,000 and 6,000 euros depending on the trip to be made. Europe and the Maghreb countries, which represent the vast majority of these journeys, are among the least expensive destinations.

Remember to check whether the deceased had death or funeral insurance with an agreement on the repatriation of his body. If this is the case, you will be able to obtain partial or full reimbursement of the costs.

Where to inquire?

To obtain reliable and up-to-date information on the various regulations – we are thinking in particular of those linked to the Covid-19 epidemic –, contact the embassy or consulate of the country of destination, but also the prefecture of the place where a death took place. If some of your family members live there, do not hesitate to ask them to help you with the procedures.

Radio audiences: France Inter smiles, Europe 1 suffers

Radio audience measurements follow and resemble each other. For better or for worse, the satisfaction of the most listened to of all, France Inter, and the dismay of the one who never ceases to empty the room, Europe 1. According to audience figures issued by Médiamétrie, this Thursday, April 21 at 8 a.m., 40.17 million French people listened to the various programs each day in these first months of 2022. A stable figure over one year but still considerably lower than what it was in the same period of 2020 (42.2 million listeners), that is to say before the great upheaval in listening habits that accompanied the health crisis.

The radio audience measurement for the period January-March 2022, unveiled Thursday, April 21 by Médiamétrie, confirms the supremacy of the public station, and the collapse of the station now under the control of Vincent Bolloré. France Info makes a historic breakthrough.

By nibbling 0.2 points compared to the January-March 2021 period, the flagship antenna of Radio France (12.6% of the cumulative audience) continues to widen the gap with its first competitor, RTL (10.6%, stable): with its 6.9 million daily listeners, Inter attracts a million more each day than the M6 ​​group station. Between the inauguration of Laurence Bloch, almost eight years ago, and this spring, which will see her leave the management of the station in favor of Adèle Van Reeth, France Inter will have gained 1.7 million listeners. “We have to look at the reality, the French vote for us”, welcomes the leader, “proud” to bring “the most beautiful of answers” to the attacks against the public antenna made on the sets of CNews or in one of Figaro Magazine last winter.

No Respite

At the other end of the spectrum of generalist antennas, the descent into the hell of Europe 1 still knows no respite. Neither the war in Ukraine nor the campaign for the presidential election will have given the followers of the station controlled by Vincent Bolloré reasons to remain attached to him. The station lost 1.1 points over one year and now falls below the four-point mark (3.9% AC).


The biggest American food brands have been the target of criticism on social networks as of this weekend because of the maintenance of their activities in Russia in the context of the war waged by the country in Ukraine.

While Levi’s and Netflix have announced the suspension of their sales and services in Vladimir Putin’s country, other industry behemoths are reluctant to take a stand.

From this Sunday, March 6, the hashtags BoycottMCDonalds and #BoycottCocaCola flourished on Twitter, with many calls from citizens to boycott the two huge American companies. The objective is to promote the “soft power” of consumers, capable of changing a channel’s policy simply by modifying its consumption habits.


“McDonald’s derives 9% of its revenue from Russia where it has 847 outlets. As long as they continue to profit from murdering Ukrainians, I will not buy their blood burgers. Spread the word. Boycotts make a difference,” said a user on Twitter on Monday.

Additionally, all 847 McDonald’s outlets in Russia are owned by the American company, with a few exceptions, while the majority of the firm’s stores around the world are owned by franchisees. The situation is a real dilemma for the brand: opt for short-term profits or favor its image over the long term.



The complex organizational chart of these large companies has never helped to make delicate decisions of this type, against a backdrop of geopolitics. “I don’t think it’s as simple as saying can you just withdraw from Russia. They’re complicated businesses and there’s a lot to consider, but right now the reputational risk could really affect their stock price, so they may not have a choice in the future.”, analyzed Kathleen Brooks, director of Minerva Analysis, on the BBC’s Today program.

However, even though its 130 cafes in Russia are owned by a Kuwaiti conglomerate called Alshaya, Starbucks has pledged to donate any contribution from its business in the country to the humanitarian effort in Ukraine.


In full expansion in Russia, with more than 1,000 KFC restaurants and 50 Pizza Hut brands franchised or owned by major owners in the territory, the Yum! Brands announced on Monday the suspension of all its investments in the country and the transfer of all profits made in Russia to humanitarian operations. However, the group’s plan was originally to create nearly 100 KFC restaurants on Russian territory each year.

Sánchez plays it in Parliament with the laws committed to Brussels

The difficulties in carrying out the labor reform have been reproduced in the housing law and the same can happen with the self-employed and pensions. The agenda of the ‘men in black’ placed them at the end of February in Spain to control what was agreed

Europe has already transferred to Spain 19,000 million euros of European funds that should help our country to recover the path of growth. Its use will be carefully and strictly tracked by the community authorities to avoid incorrect or improper use. What it is about is to prevent the fiasco of Rodríguez Zapatero’s ‘Plan E’ from reproducing, a public investment program of 13,000 million without any strategy that ended up aggravating the situation of the Spanish public accounts and causing increases in VAT and Salary cuts for civil servants.

Now, the duties to Spain have been imposed by the European authorities , a battery of measures and reforms for which the maximum possible consensus is claimed; laws that must go through Parliament and that have execution deadlines marked in red. For this 2022, the approval of a good handful of laws is committed to Brussels, including bankruptcy, professional training, tax reform, the contribution for real income of the self-employed, the housing law and the second part of the reform of the pensions.They are all very delicate matters and in some of them it is already becoming clear that Parliament’s support is going to be complicated, as happened with the labor reform and with the housing law and, surely, it will happen with the self-employed.

The ax blow that Escrivá prepares for the group has set Parliament on fire, which does not agree with a reform that has already been modified three times in just over a month. These changes are part of the second phase of the pension reform, the toughest, in which the Executive will have to put in the scissors and make adjustments to spending to make a system with feet of clay sustainable. The increase in the maximum contribution bases is pending, or what is the same, the increase in taxes for salaries of more than 49,000 euros, and to extend the years that are taken into account to calculate the pension (now in 25 years).

Last week, the Government narrowly saved the housing law in Congress . The rule that aims to control rents prospered after a last minute agreement with ERC. In return, the sovereignists demanded that the Executive not invade autonomous powers. The norm was, in practice, invalidated.

Another stumbling block is in the tax reform . This law also threatens to become a political hotbed, although the impact of the war on the economy will force the Government to postpone its implementation until at least 2023, already in an election year. With the aim of collecting more, the experts appointed by the Executive propose a fiscal offensive that goes through setting a minimum for Patrimony and Inheritance, which would mean a fiscal blow for Madrid, ending the joint declaration in the IRPF and toughening the registration tax and the tolls.

As the ‘Radar Next Generation EU’ prepared by EY Insights recalls, together with all these reforms Spain will have to promote measures, such as the award of one billion in investments to the basic railway and road network and the concession of 800 million in the execution of the sustainable and digital transport program, in addition to the allocation of at least 400 million euros to the electric vehicle, the creation of 50,000 new vocational training places and the allocation of a minimum of 30% of the 3,000 million euros allocated to actions to digitize SMEs.

The difficulties in carrying out the validation of the labor reform, as well as other decrees such as the one for the management of the recovery mechanism or that of the interim, all committed to the recovery plan «begins to illustrate the challenge of carrying out the reforms Around 50 regulations with the rank of law committed to Brussels , whose processing is not expected to be easy, ”warns EY Insights. It adds that the increased prominence of the investment objectives as the deployment of the recovery plan progresses “will be a challenge” and that “it is not ruled out that the addendum to the plan requesting the tranche of 70,000 million loans incorporates a modification or postponement of the terms of execution of the reforms and investments of the plan».

Last February the Government managed to save the labor reform thanks to the erroneous vote of a PP deputy and without the support of its partners. This reform and some investment projects committed to Brussels before December 31, allowed the Executive to request a new financing tranche of 12,000 million, which will arrive in Spain during the first semester once the commitments have been checked by the Commission.

EY Insights recalls that within the dynamics of information exchange signed between Spain and the European Commission, it was planned that at the end of February there would be visits by the European authorities to the main ministries to check the status of the reforms and investments. The Commission has demanded that the reform plan be structured and executed with such a degree of detail that it later allows an agile audit process by the ‘men in black’ on their frequent visits to Spain. The tasks of the Government, therefore, are going to be subject to a detailed control by these technicians, who already monitored the Spanish economy in 2012, during the financial crisis.

Cryptocurrency: Biden Launches Digital Dollar Project!

US President Joe Biden on Wednesday (March 9, 2022) signed an executive order directing government agencies to assess the risks and benefits of creating a central bank digital dollar, US administration officials said. The Department of Treasury, Commerce and several agencies will also have to prepare studies relating to cryptocurrencies. Increased oversight of the cryptocurrency market, valued in November 2021 at more than $3 trillion, is critical to ensuring U.S. national security, financial stability and competitiveness, officials said. A recognition of the growing importance of cryptocurrencies

This highly anticipated executive order is seen by analysts as an unequivocal recognition of the growing importance of cryptocurrencies and their potential implications for financial systems. The US government will be tasked with assessing the technological infrastructure necessary for the eventual issuance of a digital currency by the Federal Reserve (Fed). An official said the United States would proceed with caution given the conventional dollar’s role as the world’s premier reserve currency.

The order also encourages the Fed to continue its research and development efforts. Nine countries have launched digital versions of their currencies and 16 others – including China – are in the development phase, according to the Atlantic Council, leading some in Washington to worry about the note losing dominance. green for the benefit of China. But the dollar remains supported by essential fundamentals, said the American official, referring to transparency, the rule of law and the independence of the Fed. “The role of the dollar has been and will continue to be crucial to the stability of the international monetary system as a whole. Foreign central bank digital currencies and their emergence do not threaten that dominance ,” he said.

5% of poor Americans currently don’t have a bank account

The executive order requires agencies, including the Securities and Exchange Commission (SEC) and the Consumer Financial Protection Bureau (CFPA), to examine, among other things, the systemic risk posed by cryptocurrencies and consumer protection. One of the main goals is to address the inefficiencies of the current US payments system and foster financial inclusion, especially for poor Americans, some 5% of whom currently do not have a bank account due to high fees, said said a manager.

Commission approved report for the first debate of the Investment Law.

On the night of March 8, the Economic Development Commission approved the report for the first debate of the investment bill.

Commission approved report for the first debate of the Investment Law with changes in the delegation, free zones, and other aspects

The legislative table resolved that the delegations do not become privatizations and that the free zones be exclusive for new investments. After a week of receiving proposals and analyzing the content of the bill for the Attraction of Investments, promoted by the Government, on the night of Tuesday, March 8, the Economic Development Commission approved, with eight votes in favor and one against, the report for the first debate of the norm in the plenary session of the Assembly.

Among the main changes incorporated by the legislative table are points related to the delegation of strategic sectors or public services, and the creation of free zones. On the issue of a delegation to a private agent, it was resolved that the mechanism applies exceptionally when the State does not have the capacity to cover the demand, either in technical or economic aspects.

Assemblywoman Wilma Andrade explained that an express prohibition was left so that the delegation did not end up in privatization or transfer of ownership for the benefit of the private provider. Likewise, the Commission put a lock to avoid the collection of fees, tariffs, contributions, or values ​​when a private operator takes charge of the construction or administration of a public service that is free. This encompasses the health, education, security, and justice sectors.

As for the free zones, the assembly members decided to maintain the 20-year period for their use. However, it was incorporated that this benefit is exclusive for new investments. In addition, the free zones will not only be constituted in territorial spaces but also real estate -such as buildings- that are strategic for the activities of investors may be declared as such.

On another issue, the confidentiality clauses proposed in the original bill on contracts that the State signs with the private sector were removed. The president of the Commission, Daniel Noboa, acknowledged that the rule “is full of incentives” through tax reduction. However, he pointed out that this conflicts with the wealth tax created in the Economic Development Law, because it “removes the flow” of resources from investors, which is why he insisted that the tax be repealed in the project that is now being discussed.

César Rohon also requested that a part of the Economic Development Law be repealed, in relation to the payment of capital gains, because it would be generating “double taxation” for the construction sector. Nathalie Arias rejected the pretensions of repeals, she maintained that the assembly members cannot introduce modifications in tax matters, since it is a competence of the President of the Republic.

For this Wednesday, the Economic Development Commission plans to deliver the report signed by the nine assembly members to the president of the Assembly, Guadalupe Lori. If that same day Lori decides to call the plenary for the first debate, the discussion of the bill could take place on Friday, March 11, since the calls must be made 48 hours in advance.

Amazon Closes Its “Hard” Bookstores In The United States!

These stores, which have been open since 2015 across the Atlantic, have not been deemed sufficiently profitable by the online distribution specialist.

Conducted for almost seven years, the experiment attempted by Amazon to sell books in “hard” bookstores in the United States has not been sufficiently conclusive or profitable and will stop. The e-commerce giant confirmed Thursday, March 3, that 66 of its US stores and two of its UK stores will close, as revealed by Reuters. This decision concerns 24 “physical” bookstores in the United States, knowing that California was the best-endowed state, with seven points of sale.

Also in the sights are several pop-up stores as well as Amazon 4-Star stores which marketed an eclectic selection of products, all well-rated by customers. Amazon did not specify how many jobs would be cut.

The group, however, retains its other stores, namely its chain of organic supermarkets Whole Foods Market, Amazon Fresh, Amazon Go, and Amazon Style Stores, said a spokesperson. In total, revenues from its “hard” stores represented barely 3% of the 137 billion dollars (125.2 billion euros) in turnover achieved by Amazon in the last quarter of 2021, and they were due in a very large portion at Whole Foods.

Amazon, the world’s largest online bookseller, opened its first physical bookstore, Amazon Books, in Seattle, where its headquarters are located, on November 3, 2015. The group then assured that it would be “a physical extension of [which] combines the advantages of buying books online and in stores”. Drawing from the group’s gigantic wealth of information to select books according to customer ratings posted on the platform, these shops, which had then sprung up all over the United States, offered for sale what people were reading. , so essentially best-sellers.

“Retail Is Difficult”

This variation was also supposed to complete the arrival of Amazon in self-publishing, with the creation of Amazon Publishing, in order to offer titles in stores that other booksellers refused. Due to the obvious lack of profitability in stores, these self-published titles were quickly confined to online sales.

The war of booksellers was announced, in 2015, like a fight of titans. Amazon Books risked competing for head-on with the major bookstore chains across the Atlantic and many observers feared the disappearance of players as important as Barnes & Noble or Books-A-Million. The conflicts between booksellers and Amazon were multiple, even before Amazon opened its stores – between the question of the price of the digital book, the model for sharing the value of the book, the commercial negotiations, or the increasing weight essential for Amazon in the sale of books on the Internet.

These hostilities will continue, but only on Amazon’s favorite terrain and its core business, online sales. Michael Pachter, an analyst at California-based investment firm Wedbush Securities, sums it up: “Retail is tough, and Amazon is finding out. Momox, the German online second-hand book giant, also broke its teeth trying to diversify into “physical” bookstores to sell its second-hand books. Of the five Momox stores opened in Germany in 2012, none really worked and the experiment was stopped the following year.

Ukraine-Russia: Will the price of energy soar in the event of an invasion?

On Tuesday night, the conflict between Russia and Ukraine reached a new stage with Vladimir Putin’s recognition of the independence of the Russian-speaking republics of Donbas and the entry of Russian troops into these territories. A conflict that takes on a global dimension and which could have multiple consequences for Europeans, in particular on their gas bills. “The price of energy in Europe will necessarily increase with the conflict, as the continent is so dependent on Russian gas “, warns Raphaël Homayoun Boroumand, the doctor in economics and energy specialist., before listing our Russian dependency. Moscow accounts for 40% of gas imports from the European Union, far ahead of Norway (18%) or Algeria (12%). Because Russia is the first producer and the first exporter of natural gas in the world. This control is very heterogeneous: thus, Russian gas represents 55% of Germany’s imports, 80% of those of Austria against less than 20% for France. However, the price of gas has an impact on several bills, in particular, that of electricity

Good dependency on Moscow

“Natural gas is very rare in Europe and if the 27 want to maintain their climate objectives, they cannot use the most polluting extraction methods such as shale gas “, notes Hugues Poissonnier, professor of economics and strategy. at the University of Grenoble. A dependency that Moscow could well use. Europe has just started its economic sanctions against Russia, including suspending the authorization of the Nord Stream 2 gas pipeline linking Russia to Germany but has not shot down all these cards. Vladimir Putin said on Tuesday that he would maintain gas exports on his side, a “subtle” way to remind that he could decide to stop them at any time.


“It is an important strategic lever. The price of gas is already very high, with serious consequences for purchasing power, of course, Russia will play on it to try to limit economic sanctions”, agrees Carole Mathieu, head of European policies at the Energy & Climate Center of the French Institute of International Relations (Ifri). Will Moscow cut off European gas?

Waiting for spring

“We must not overestimate the balance of power in favor of Russia, its room for maneuver is limited”, reassures Raphaël Homayoun Boroumand. The country of the tsars is dependent on gas exports to Europe, which represents 15% of its GDP, according to the doctor in economics. “It would be very dangerous and counter-productive for Russia to limit gas to Europe too much, or even to cut off the supply altogether. It would also damage its image as a trusted producer, even among non-Europeans. But with Vladimir Poutine, you should never swear to anything…”, warns Carole Mathieu.

According to these experts, the most likely scenario would be a drop in Russian gas supplies rather than a total cut. More than enough to inflate consumer bills. As for the good news, time is playing for Europe: “The situation is less tense than at the beginning of December. The more the weeks pass, the more the spring gets closer, the less the gas becomes vital”, develops the expert. And concerning France, the Minister of the Economy, Bruno Le Maire assured that the government would maintain “the freezing of the price of gas for individuals in all circumstances”. The blocking of gas prices for individuals was decided in October, as part of the “tariff shield” announced by the government against inflation, and should in principle end in June 2022.

Get out of addiction, yes, but how?

In addition, the winter was relatively mild, which made it possible not to pump too much into gas stocks, adds the member of Ifri. “Europe did not wait for the crisis in Ukraine to know that this energy dependence on Russia was problematic”, admits Carole Mathieu. Renewable energies, stock of liquefied gas, the extension of the partnership with other countries, solutions are being developed to leave Russian hegemony.


“The accumulated stocks will make it possible to hold out for a few weeks in the event of Russian deprivation, no more”, tempers Hugues Poissonnier. As for partnerships with other nations, “gas from other continents, such as that of Qatar or the United States, must be liquefied and therefore costs much more. A limited option, even beyond the price, the main exporting countries having announced on Tuesday their limited capacities to rapidly increase European supplies in the event of a conflict with Russia; “This crisis will relaunch the debate on nuclear power in Europe, which would allow much better energy independence,” according to the specialist.

A rising bill over the long term

Because for the moment, all the solutions found by Europe are no match for the importance of Russian gas. ” The bill is likely to be steep for Europeans and the crisis could lead to higher energy prices for months,” warns Carole Mathieu. Even if the dispute only lasted a few weeks, “a rise in gas now would have effects on the purchase of stock this summer, the stock which is used for next winter. The less inventory there is, the more expensive the price of gas will be in January 2023.”

What hopes that the Russians are pragmatic, they who also have a lot to lose in this story. “It’s a more resilient people, more used to deprivation,” worries Hugues Poissonnier. Just because a conflict results in two losers doesn’t mean it doesn’t happen.

America Moves Away From The Debt Abyss For Now