70 years of VAT in France

70 Years of VAT: But in fact, what would France be like without Value Added Tax?

PURCHASING POWER: We’re laughing – Bruno Le Maire, doesn’t really put this option on the table The essential This Wednesday is a day of celebration for state finances: TVA is celebrating its 70th anniversary. By dint of coming across it on every street corner (and every expense), you may no longer realize it, but it […]

Continue Reading
French not happy with their Financial Situation

The French Estimate that they are Missing 897 Euros to Achieve “Financial well-being”, according to this survey

INCOME: Only 4 out of 10 French people are mentally comfortable with their financial situation Six out of ten French people are dissatisfied with their financial situation according to the Society and Consumption Observatory barometer published on March 29. Asked about their relationship with money for the online bank BforBank, two-thirds of respondents admitted that they regularly thought […]

Continue Reading
One in Four Electric cars sold in Europe, will be made in China

One in Four Electric Vehicles Sold in Europe in 2024 will be Made in China

AUTO: While the announced wave is only just beginning, “Made in China” cars should already represent 25% of electric sales in Europe this year This figure, which comes from the European Federation for Transport and the Environment, should worry the highest authorities of the Union, whose decision that only electric cars would still have the right […]

Continue Reading
Absenteeism increased from 4.5 to 6.2% in France

Teleworking, Absenteeism, 4-day Week… Employees say Goodbye to Friday

EMPLOYMENT: Does the disappearance of Friday reflect the lack of motivation of employees? On the last day of the week, company offices are increasingly empty. And despite teleworking, absenteeism is increasing and has real consequences on the economy. The four-day week acclaimed by 77% of French people! The result is more surprising than it seems, […]

Continue Reading
Meta will pay 88,500 euros per day after exploiting user data for advertising

Norway: Meta will Pay 88,500 Euros per Day after Exploiting User Data for Advertising

TARGETED ADVERTISEMENTS: Meta had until August 4th to prove that it had measures in place to comply with Norwegian data protection law. We don’t play with the protection of personal data in Norway, even if we are called Meta. A Norwegian regulator on Tuesday fined the U.S. tech giant for serving targeted ads by exploiting user data from its Facebook and Instagram […]

Continue Reading
Paris traders affected by the bad weather

Tourism: Affected by the Weather, Traders are Suffering but Looking to the Future

BUSINESS: Record rains for a month are sinking tourist consumption in Paris For nearly a month, capricious weather has been beating down on Paris as on the entire northern part of the country, somewhat spoiling the holidays of the many tourists in the capital. This situation that does not help the business of traders who are […]

Continue Reading
Poverty rate reaches record high in Ten years

The “Deprivation” Rate, Another Measure of the Poverty Rate, Reaches a Record High in Ten Years

PURCHASING POWER: Unlike the monetary poverty rate, the deprivation rate is based on households giving up certain products or services. 4%. Thursday, INSEE indicated that the rate of “material and social deprivation” affects 14% of the population of France. Unlike monetary poverty rates, which are based on household income, the deprivation rate is calculated on the basis of households […]

Continue Reading
netflix gains nearly 6 million subscribers

Netflix Gains Nearly 6 Million New Subscribers by Tightening the Screw on Account Sharing

STREAMING: As a result, the California group Netflix made $1.5 billion in net profit from April to June The twist on password sharing has paid off. Netflix now has more than 238 million subscribers, with 5.89 million added in the second quarter, an unexpected jump for the streaming platform. The Californian group, which is currently undergoing, like its competitors, […]

Continue Reading
Electricity Prices will increase by 10 percent in Audust

Electricity Prices will Increase by 10% on August 1st with the Reduction of the Tariff Shield

PRICE INCREASE: This electricity increase concerns customers “connected to a meter with a power of up to 36 kilovolt-amperes”, i.e. households, craftsmen, small businesses and craftsmen The government announced on Tuesday a 10% increase in regulated electricity prices on the 1st August, due to a gradual reduction in the price shield put in place for two winters. This […]

Continue Reading