The 5 Business News to Remember This Tuesday Morning (Refinery Strikes, Social Loans, Business Failure, Japan, Cyber ​​Attacks)

Strikes at refineries: no way out of the crisis, the government threatens to intervene

While the CGT has not lifted its strike movement, Matignon is increasing his pressure on the unions and the management of the blocked refineries to negotiate. This Tuesday, government spokesman Olivier Véran called for the lifting “without delay” of the blockages of fuel depots and threatened to “intervene” to unblock them. Meanwhile, the government has been forced to release strategic stocks to boost supplies to areas in dire straits.

►► READ THE FOLLOWING ARTICLE

__________

Social loans to save the local authorities’ financing needs

According to our information, the Postbank and the French public development bank, SFIL, want to help councilors finance health, social and family actions, education, vocational training, sports, culture, community life, territorial cohesion or firefighters. Having marketed 650 green loans to the tune of 2.3 billion euros since 2019, they expect to earn at least an extra billion in a few years. However, the leverage effect will depend on local self-financing and subsidies from other stakeholders. Decryption.

BATTLE BETWEEN LOCAL AUTHORITIES AND BANKS OVER TOXIC LOANS

►► READ THE FOLLOWING ARTICLE

__________

Business failures rose 69% in the third quarter in France

With 8,950 collective legal cases opened between July 1 and September 30, the number of (business) errors increased by 69% compared to the summer of 2021, according to a study published by the specialist company Altares. A rate that has not been observed in 25 years. A sharp increase, which can be explained by the end of the aid that was distributed during the health crisis to help companies sustain themselves, but “which, however, does not bring France back to the standard levels of September 2019”.

Business failure

►► READ THE FOLLOWING ARTICLE

__________

Japan is lifting restrictions and opening its doors to all foreign tourists

Japan reopened to foreign tourists on Tuesday, completely lifting restrictions that had been in place at its borders for nearly two and a half years. However, you must always present proof of vaccination against covid-19 or a negative test carried out less than three days and adapt to a country whose inhabitants have not dropped the mask.

Japan: unprecedented heat wave in Tokyo since 1875

►► READ THE FOLLOWING ARTICLE

__________

Department of Seine-Maritime victim of a “large-scale” cyber attack

This is called the series law. Thirteen days after the city of Caen, it is the turn of another Norman institution to fall victim to hackers. Sixteenth in France by population, the Department of Seine-Maritime was forced to shut down all its servers after a cyber attack, but RSA recipients will not be penalized, he reassures.

Cyber ​​attack Department of Seine-Maritime

►►

__________

BONUS ITEM: Rio-Paris flight: Airbus president lashed out at first day of AF447 test