France will announce a stimulus plan for the French aerospace industry in the next week to 10 days as the country’s economy deals with the fallout of the coronavirus pandemic, finance minister Bruno Le Maire said in an interview on broadcaster France 3 on Sunday.
Measures will include the creation of an investment fund to help small and medium-sized companies in the sector, with Mr Le Maire saying he wants France’s four large aerospace companies, Thales, Safran, Airbus and Dassault Aviation, “to be present” in the fund.
France’s aerospace plan would follow an €8 billion ($8.9bn) stimulus package for the country’s struggling car industry announced on Tuesday, which includes €5bn in state-backed loans for Renault. The aerospace industry is France’s biggest exporter, with foreign sales valued at €64.2bn in 2019, according to customs statistics.
Mr Le Maire said Renault’s survival is in play. He said the carmaker needs to become more competitive and have a long-term strategy that includes electric vehicles.
Aid for the tourism, hotel and restaurant industry will be maintained until at least the end of June, according to Mr Le Maire. He said France could still have “a magnificent French tourism season".
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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Profile of RentSher
Started: October 2015 in India, November 2016 in UAE
Founders: Harsh Dhand; Vaibhav and Purvashi Doshi
Based: Bangalore, India and Dubai, UAE
Sector: Online rental marketplace
Size: 40 employees
Investment: $2 million
A Cat, A Man, and Two Women
Junichiro Tamizaki
Translated by Paul McCarthy
Daunt Books
Killing of Qassem Suleimani
Traits of Chinese zodiac animals
Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent
Reading List
Practitioners of mindful eating recommend the following books to get you started:
Savor: Mindful Eating, Mindful Life by Thich Nhat Hanh and Dr Lilian Cheung
How to Eat by Thich Nhat Hanh
The Mindful Diet by Dr Ruth Wolever
Mindful Eating by Dr Jan Bays
How to Raise a Mindful Eaterby Maryann Jacobsen
Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes
BEACH SOCCER WORLD CUP
Group A
Paraguay
Japan
Switzerland
USA
Group B
Uruguay
Mexico
Italy
Tahiti
Group C
Belarus
UAE
Senegal
Russia
Group D
Brazil
Oman
Portugal
Nigeria
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
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