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Household savings are eroding but remain well above their pre-crisis level


The French continue to put more money aside than in normal times. This is shown by the figures published this Thursday by the Banque de France. If, in the first quarter, the flow of investments was down slightly cumulatively over four rolling quarters (162.5 billion after 165.8 billion), its level remains higher than that before the pandemic (108.8 billion in 2019 ). As a reminder, it had exceeded 200 billion in 2020.

Similarly, the household savings rate fell in the first quarter (17.1% against 18.3% in the previous quarter), but remains far from the pre-crisis 14%, after reaching 21% in 2020. “Household consumption has picked up compared to the Covid period, but since household income has been well protected throughout the pandemic, savings capacity remains significant,” explains François Mouriaux.

No war effect in Ukraine

According to the director of monetary and financial statistics of the Banque de France, it is difficult to estimate the effects of inflation linked to the war in Ukraine. “There is not a very strong reaction, probably because households trust central banks to control inflation,” he analyses. Finally, “changes in household behavior are always relatively gradual,” he observes.

In the breakdown of the flow of financial investments, savings invested in interest rate products decreased over one year (111 billion cumulated over four quarters against 114.9 in the previous quarter), while investments in equity products continued to increase ( 58.2 after 54.3 billion euros), driven by investments in unlisted shares and other equity investments and by unit-linked life insurance subscriptions.

Outstandings, the value of holdings fell in the first quarter due to the impact of the fall in stock market prices on equities and life insurance. Household savings also fell slightly over the first three months of the year (67.2 billion after 68.5 billion), but remained at a higher level than before the pandemic. Conversely, their flow of indebtedness with financial institutions is increasing (26.8 after 18.9 billion).

Back to normal in 2024

For the second quarter alone, the first figures show a slight erosion of interest-bearing bank deposits (10.7 billion after 12.8 billion), mainly regulated savings (3.1 billion euros against 8.3 billion), a net flow again negative for life insurance contracts in euros (-3.6 billion) and a slight increase in the flow of unit-linked life insurance investments (11.7 billion after 10.6 billion) .

According to François Mouriaux, the savings rate “has come a long way to return to its long-term average, but the projection model published on June 21 by the Banque de France predicts that it will be in 2024 that we will find a normal average of 14 to 15%”.

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Auto

“Operation Fangio” in Cuba


In 1958, Juan Manuel Fangio was received in Havana by the Cuban dictator Fulgencio Batista, organizer of the Grand Prix. © Bernard Cahier/ The Cahier Archive

THE SIX LIVES OF JUAN MANUEL FANGIO (5/6) –On February 23, 1958, on the eve of the Havana Grand Prix, the five-time world champion was kidnapped from the Lincoln Hotel by armed men from the Castro movement M-26-7.

A gifted driver, endowed with unfailing resistance and incredible foresight, an outstanding mechanic, a free spirit, a business leader… Le Figaro retraces the great moments in the life of the most respected racing driver in history. A legend rewarded with five Formula 1 world championship titles and who inspired the expression “stop taking yourself for Fangio”.

“Who is Fangio?”, asks the young man, gun in hand.

It is 8:40 p.m. on February 23, 1958, in Cuba. On the eve of the Havana Grand Prix, in the lobby of the Lincoln Hotel, Juan Manuel Fangio chats with a group of relatives, including his manager Marcello Gambertone and his former mechanic Sivocci Riccardo. When a young man – “very thin and very brown”, as described by Fangio himself – bursts in and points his pistol at the pilot and his friends. The driving ace takes a step forward, identifies himself. The armed man presents himself in turn as “a member of the July 26 Movement”.

“I do not know…

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Business

Che cos’è la soluzione educativa IQBoard?

soluzione educativa IQBoard

Se stai cercando il display interattivo perfetto per la tua classe, dovresti assolutamente prendere in considerazione la soluzione educativa IQBoard. Questo display interattivo è uno dei principali display interattivi al mondo. Ha molte funzionalità che possono essere apprezzate da insegnanti e studenti. Con il suo schermo piatto interattivo e il touch screen, studenti e insegnanti possono creare un’esperienza di apprendimento coinvolgente senza mai alzarsi dal proprio posto. L’IQBoard è inoltre dotato di una telecamera a comference.

Solución educativa IQBoard

La soluzione educativa IQBoard è una scelta eccellente per la lavagna interattiva della tua scuola. Il prodotto offre un elevato livello di funzionalità e flessibilità in una varietà di applicazioni. Ad esempio, può visualizzare varie forme di media, come immagini, video o testo. Le lavagne interattive IQBoard sono anche in grado di connettersi a Internet per fornire una vasta gamma di risorse per gli studenti. Inoltre, la tecnologia alla base delle lavagne interattive consente di collegare altre tecnologie, come microscopi, videocamere e computer, alla lavagna.

IQBoard ha lanciato una lavagna interattiva entry-level che soddisfa budget limitati nel settore dell’istruzione. Con il suo design ad alta integrazione, la serie IQAio è un’ottima opzione per le scuole attente al budget. Può essere utilizzato in tutte le aule e alimenta anche tutti gli altri dispositivi collegati. IQBoard Aio è anche compatibile con Microsoft Office e altri software di collaborazione. Se la tua scuola ha un budget limitato, prendi in considerazione la soluzione educativa IQBoard per aiutare la tua scuola a ottenere il massimo da questa tecnologia.

Che cos’è la soluzione educativa IQBoard?

IQBoard Educational Solutions I display piatti interattivi aiutano gli educatori a creare un ambiente scolastico coinvolgente con una qualità delle immagini superiore, software di facile apprendimento e potenti funzioni di automazione. Questi display interattivi a schermo piatto sono una soluzione intelligente per migliorare l’esperienza di apprendimento e promuovere il coinvolgimento degli studenti. Con l’aiuto degli schermi piatti interattivi della soluzione educativa IQ, gli educatori hanno una più ampia libertà di progettare i loro piani di lezione. Forniscono a insegnanti e studenti la tecnologia più recente che consente loro di stabilire connessioni tra dispositivi e concetti.

La soluzione didattica IQBoard include un display interattivo a schermo piatto con touch screen a 20 punti ed è compatibile con Chromebook, Mac e Chromebook. La serie IQTouch K dello schermo piatto interattivo è dotata di un sistema Android 8.0, chiarezza 4K e software di trasmissione multi-dispositivo. IQBoard Educational Solution Schermo piatto interattivo

L’uso di una document camera in classe può essere molto vantaggioso per gli studenti. Questa tecnologia rende la visualizzazione dei documenti molto più semplice e consente agli studenti di vedere e commentare un’immagine live direttamente sulla lavagna. Questo aiuta gli studenti a diventare più coinvolti nella lezione. La fotocamera ha anche numerosi altri vantaggi. Gli studenti possono vedere come l’insegnante sorride o parla mentre interagisce con l’insegnante. Aiuta anche a costruire un rapporto interpersonale tra studenti e insegnanti.

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Technology

Purchasing power: the revaluation of pensions postponed to September


They hoped to collect it in August. Retirees will finally wait until early September to benefit from the early revaluation of their basic pension. During the presidential campaign, Emmanuel Macron undertook to increase pensions from July, without waiting for the automatic revaluation scheduled for January, in order to fight against inflation.

By the time a law was passed, the government then explained that this gesture would only be effective from August, when the monthly pension was paid, but with retroactive effect on the previous month. As had been feared, however, this delay was not enough. On August 3, parliamentarians approved a 4% increase in pensions and social benefits as part of the emergency measures for purchasing power.

Payment on September 9

“However, the timetable for the parliamentary examination of this law did not allow the pension insurance to deploy this revaluation on the payment of the July pension paid in August”, indicated last Monday the National Fund of old-age insurance (CNAV).

It will therefore apply “from the payment of the pension for the month of August, paid on September 9”. “The amount corresponding to the revaluation on the retirement of the month of July will be paid retroactively with the payment of September 9”, specifies the CNAV.

This gesture for the purchasing power only concerns the pension of right, the survivor’s pension, the solidarity allowance for the elderly (Aspa) and the supplementary disability allowance (ASI). It comes on top of the 1.1% increase that occurred in January 2022 and Emmanuel Macron has not ruled out a further increase in January 2023.

Social benefits and APL on August 18

Other increases set by the emergency law on purchasing power adopted last Wednesday: that of social benefits (family allowances, active solidarity income, allowance for disabled adults) up to 4%, and that of personalized housing aid (APL), 3.5%. These increases are retroactive to the date of 1er July 2022 and their amount will be paid automatically from August 18, CAF said.

With regard to the 3.5% increase in the index point for civil servants, adopted within the framework of the amending finance bill (PLFR), the second part of the “purchasing power package” voted on 4 August, it should result in an increase on the payroll for the month of August, with retroactive effect from 1er July 2022.

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Entertainment

Supporting capital roles: Ernest Borgnine, the face of employment


Frankly, it’s scary. Sadistic laughter, gaping teeth, the build of a Panzer Tiger PZK and the hands of a crusher, Ernest Borgnine is the very incarnation of the bittern-carrion-cow-skin-mastard, yet capable of tenderness. Extraordinary actor with an ultra-full career, he terrified thousands of spectators. We understand that the Nazi officers tremble in their riding breeches when he arrives in “The Dirty Twelve” and that the sultry Mexicans of “the Wild Horde” are worried when he walks quietly, the Winchester 30-30 resting on his elbow, in their cafeteria. Borgnine, all his life, inspired a healthy terror: listening only to their courage which meant nothing to them, most of his adversaries, in films, preferred to turn on their heels rather than face this bison. Hence the discomfort of the interviewer, in his little shoes, facing the granite man, at the Lancaster hotel.

“I am the guy who scares Santa Claus”

May 1973. Ernest Borgnine comes to play in “The Emperor of the North”, a wonderful film by Robert Aldrich set in the era of the Great Depression, in the midst of rail vagabonds. An iron chain in his hand, laughing with all his teeth like dominoes, he corners the stowaways of his train, and throws them onto the tracks, under the wheels of the wagons, condemning them to a horrible death. Lee Marvin, bum nicknamed “N° 1”, resists him. He takes it badly: on a rolling platform, Borgnine

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Faced with massive fires, the executive wants to mobilize more volunteer firefighters


“The message I am sending is an extremely important civic message. Faced with the dramatic scale of the fires raging in France, the Minister of the Interior, Gérald Darmanin, resolved to “a solemn appeal” to employers in both the public and private sectors for “that in August , they release their employees who are volunteer firefighters” so “that they can join their colleagues everywhere on the national territory” in order to help them fight against the fires.

“We are coming to a time of fatigue for the firefighters”, warned the minister this Thursday during a trip to Aveyron, in the village of Mostuéjouls, evacuated the previous night due to the proximity of a fire. which ravaged 700 hectares in Lozère and Aveyron, and mobilized 600 firefighters.

“Eight large fires at the same time”

Professionals and volunteers have already fought several extraordinary fires since the beginning of a summer marked by a historic drought, further accentuated by successive heat waves.

This week, several major fires broke out again. “A completely extraordinary thing, we are at eight large fires at the same time”, indicated Gérald Darmanin, and eight departments are “particularly affected”. In Gironde, a month after the two gigantic fires which ravaged nearly 21,000 hectares, the fire resumed very violently on Tuesday near Landiras. More than 6,000 hectares have burned in a few hours and 10,000 people have already had to be evacuated.

A thousand firefighters from all over France are mobilized to fight against this fire which affects the Gironde and the Landes, and forced the authorities to cut the A63 motorway (Bordeaux-Bayonne axis). Prime Minister Elisabeth Borne announced Wednesday evening on Twitter that she would be there on Thursday with Gérald Darmanin.

Firefighters are also fighting smaller fires in Aveyron, Drôme, Isère and Pyrénées-Orientales. With, each time, reinforcements from other departments.

“A quarter of firefighters are mobilized on forest fires, which I believe never happened. And everywhere, including north of the Loire sometimes in territories that are not used to forest fires, ”said the Minister of the Interior. “We need to draw short-term consequences from all this.”

Help from European countries

In the meantime, France has asked for help from European countries. “The Swedes lend us from [jeudi] planes, the Italians no doubt in the next few hours, “said the minister. “This European mechanism allows us in any case in the next few hours to be able to concentrate other air resources”.

The government has been attacked in recent weeks, particularly by the left, over the lack of resources devoted to civil security and firefighters. “It’s not a controversial time,” reacted the Minister for Ecological Transition during a trip to Maine-et-Loire, where more than 1,200 hectares were destroyed by the flames, ensuring that the means of civil security had been increased “by 40%”. Asked about LCI, Christophe Béchu insisted on recalling that “95% of fires have human origins” and insisted on the safety instructions to be followed.

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Entertainment

Supporting supporting roles: Joe Pesci, the upset tenor


He is boosted, spring-loaded, frenetic. When he speaks, it is in avalanche. When he walks, it’s at the jumping step of the Bersagliers. When he sings, it’s in vivacious tempo. Unquestionably, Joe Pesci is tiring. But effective: in “Les Affranchis”, he sticks a ball from Beretta in the foot of a server, just to play, and, insulted, he finishes off a friend of Carlo Gambino with a kick (bad idea). In “Once Upon a Time in America,” he’s a damn cufflinked hoodlum, as honorable as a rattlesnake. In “8 Heads in a Bag”, he happily tortures kids to extract a tourist’s vacation address from them… Pesci is the terror of thugs, the mechanic of gunslingers, the artist of the badass . You can’t imagine him as a gentle dreamy herbalist in a lavender field, a meditative Hindu chanting “ommm” in an ashram, or (just like that) as a frigid actor at Robert Bresson’s. In forty years, he has shot in only thirty films, married three times, probably divorced even more often, and recorded three discs based on the illusion that he is above all an excellent tenorino. His career is therefore a long mistake: he should never have been an actor. The pinched mouth, the ferocious look, he is famous for his line in “JFK”, a summary of the investigation into the assassination of the president: “It’s a mystery within a riddle within a riddle. » Basically, he defined himself that way.

Seconds

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Fangio and Ferrari, glory before the divorce


Juan Manuel Fangio was already a triple Formula 1 world champion when he joined Ferrari for the 1956 season. The marriage between the best driver in the world and Enzo Ferrari deteriorated. The champion saw the accumulation of mechanical breakdowns badly. Between these two asserted egos, there were however moments of complicity. © Bernard Cahier/ The Cahier Archive

THE SIX LIVES OF JUAN MANUEL FANGIO (4/6) – Announced as the wedding of the century, the association between these two sacred monsters turns into a storm, but ends with the title in 1956.

A gifted driver, endowed with unfailing resistance and incredible foresight, an outstanding mechanic, a free spirit, a business leader… Le Figaro retraces the great moments in the life of the most respected racing driver in history. A legend rewarded with five Formula 1 world championship titles and who inspired the expression “stop taking yourself for Fangio”.

Racing for Ferrari: every Formula 1 driver dreams of it. Always. Even Fangio? The Argentine champion has never opened up on the subject. Anyway, the question does not arise. He had no intention of leaving Mercedes, with whom he seemed to be engaged until 1958. On the evening of September 11, 1955, at the Monza circuit in Italy, he concluded the Grand Prix season with another victory, synonymous with the third world crown.

To this second consecutive title on the Mercedes W196 single-seater, we must add his contribution to the world crown of manufacturers acquired by the German firm in…

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Hospital: the Minister of Health admits that emergency services are closed


Several emergency services are currently closed in France, acknowledged on Wednesday François Braun, the Minister of Health, who had until then refused to discuss such a situation in a context of concerns about the ability of hospitals to cross. the summer. “In terms of closures, that is to say an emergency service that would no longer welcome anyone, there were 4 before July, there are 8 today,” he said. he stated on RTL.

These remarks mark a change of speech of the minister who refuted any closure of emergencies, only evoking a regulated access of patients to certain emergencies, despite testimonies to this effect from health professionals.

“We must keep reason”

In a survey published in early August, the Samu-Urgences France association, which François Braun himself chaired just before joining the government, reported that multiple emergency services had closed for several days in July. This survey is part of a context of concerns among caregivers about the ability of hospitals to get through the summer, against a backdrop of a lack of beds and staff.

If the minister finally acknowledged the existence of closures, he nevertheless put their consequences into perspective. Among the 8 establishments closed, a figure also much lower than those reported by professionals, “there are 4 clinics with public emergency services nearby”, qualified François Braun. “You have to be right. »

The Minister also reiterated that all plots of French territory continued to have “vital emergencies” services, if necessary via mobile Samu teams.

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Accused of rape, footballer Benjamin Mendy in court in the United Kingdom



The trial of world football champion Benjamin Mendy, accused of eight rapes, an attempted rape and a sexual assault, opens Wednesday August 10 for more than three months in Chester in the north-west of England.

The 28-year-old French footballer, suspended for a year by Manchester City, is accused by seven women and denies the ten charges which relate to facts which allegedly took place between October 2018 and August 2021 at his home in Prestbury, in Cheshire.

A trial supposed to last at least fifteen weeks

He is on trial alongside another man, Louis Saha Matturie (unrelated to former footballer Louis Saha), prosecuted on his side for eight rapes and four sexual assaults on eight women between July 2012 and August 2021. The latter has also pleaded not guilty.

Their trial was originally scheduled to open on July 25 but was postponed for two weeks. It is scheduled to last fifteen weeks, according to the court.

The first days of this long-term trial must be devoted to choosing the jurors and organizing the hearings.

Suspended by Manchester City since the start of the case

Winner of the 2018 World Cup with the France team, where he played the role of good comrade if not one of the key players, Benjamin Mendy left the lawns for almost a year for the bench of the defendants and the cells of Liverpool and Manchester prisons, where he spent more than four months, from August 2021 to January 2022, in pre-trial detention. Released in early January, he was placed under judicial supervision pending trial.

Mendy has not played a single football match since August 15, 2021 with his Manchester City club, which suspended him when the case started.

Trained in Le Havre, revealed in Marseille and spent a season with Monaco, Benjamin Mendy became the most expensive defender in history in 2017 when the Citizens paid 52 million pounds (about 61.4 million euros at the current price). ) to secure his services.

A career punctuated by hopes, never really justified

When he arrived at City, he was considered one of the great French and world prospects at left-back. But his career has been hampered for four years by injuries and he has never really lived up to the expectations placed on him.

During the epic of the Blues in Russia in 2018, he sends back the image of the teaser always ready to turn on his portable speakers and play the role of DJ in the bus or the locker room, to start a dance à la celebrating the slightest goal of his teammates or multiplying “stories” on Instagram.

Benjamin Mendy’s trial opens two days after that of Welshman and former Manchester United star Ryan Giggs, 48, accused of assaulting his girlfriend.

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