Tag: France

Sarkozy calls for worldwide bonus limits for financial sectors

Crossposted at Daily Kos

  Overlooked in the coverage of the passing of the great Senator Ted Kennedy is this ground shaking news out of France.

    France’s leading banks agreed Tuesday to curbs on the way they award bonuses, including penalties for traders who lose money for their companies, as part of a push by President Nicolas Sarkozy for worldwide limits on bonus payouts.

~snip~

    He stressed, though, that international rules are needed to keep French banks competitive, and Sarkozy promised to push the G20 meeting next month in the United States to adopt such measures.

    “While the first signs of stabilization of the economy are here, we are seeing bad habits coming back. I can’t accept that,” Sarkozy told the bankers.

    “No one has forgotten that the financial sector is at the origin of this crisis.”

sympatico.msn.ca

    Expect more below the fold.

Monaco And Nice (Photo Blog)

Monaco

Monaco is a tiny independent nation, tucked into the southern French coast. Its national defense is the responsibility of France, but it is a constitutional monarchy, ruled by the Grimaldi family since 1297, and a full member of the United Nations. The vast majority of its population is wealthy foreigners, who live there because it is a tax haven. Its chief industry is tourism, and its botanic gardens and casino are world famous.

We stopped in for just a couple hours, on a drive from Torino to Nice, and the gardens already were closed.

(Photo-intensive after the jump…

Pont du Gard (A Photo Blog)

Near the town of Nimes, and built either in the last century BCE or the first century CE, the aqueduct and bridge known as the Pont du Gard may be the best remaining example of the genius that was Roman engineering.

 

Three Small Towns In Provence (A Photo Blog)

Carpentras

Carpentras dates at least to Roman times.

Avignon (A Photo Blog)

By the beginning of the 14th Century, Italy was wracked by wars between rival religious and political factions, rival merchant states, and rival factions within these factions and merchant states. The “Holy” “Roman” “Emperor” Heinrich VII invaded, but failed to take Rome. And amidst this violent turmoil, Giotto reinvented art and launched the southern Renaissance, while Dante and Petrarch reinvented poetry. And also amidst this turmoil, and with his papacy threatened, Pope Clement V, under pressure from the French King Philippe IV le Bel, moved the papal court to Avignon, which was not actually in France, but was in the Venaissan enclave granted to the papacy by its Angevin clients. The next seven popes would be French, but not all Catholic nations would accept them. The Catholic Church again would be torn by schisms.

The 14th Century saw Europe torn apart and reinvented, and France was at the heart of it. The Black Death would kill perhaps eight million people, in France alone. Jews and lepers would be burned, on order of King Philip V. The Hundred Years War with England would rage. The Capetian dynasty would end. The Dukes of Burgundy, who controlled not only that modern French region, but also what are now the modern Benelux nations, sided with England, attempting to form a sort of middle kingdom, between the war-ravaged France and Germany. Under their patronage, Claus Sluter would launch the northern Renaissance.

In the 1330s, Pope Benedict XII began the massive renovation of the Avignon ecclesiastical palace, tranforming it into the grand Palais des Papes. In 1377, St. Catherine of Siena convinced Pope Gregory XI to return to Rome, which soon led to yet more schisms within the Church, including the election of an alternate pope in Avignon.

(Photo intensive, after the jump…)

To My Son, While Far Away – A Report on Lunch, France and Politics

My Son, my friend,

Decided to send you a note on lunch in rural France, on politics and how the French now perceive us since the election.  And, maybe a little more.

 

In Arzal, right now, I’ve taken a break from the lunch we are having with Bertrand, Nadine, the kids and Joe and Martine from up the street.  In September Joe and some of his friends shot and killed a few  wild boar.  Seems that wild boar are everywhere here, a bad overpopulation problem, and hunting them is becoming a passion with the French who go in for such things.  As you know, I don’t care one way or the other about hunting.  I won’t do it for it doesn’t interest me, but if others wish to, well c’est la guerre. 

 

Bertrand took the boar meat and combined it with carrots, red wine, onion, celery, mushrooms, prunes soaked in alcohol (!) and many herbs.  Cooked it for 4 hours.  Also made potatoes mashed.  Wonderful preparation.  The lunch started with two bottles of Champaign and many toasts to Obama!.  They love my rental car, a little Citron C1, complete with my last Obama/Biden bumper sticker stuck to the rear bumper.  The French are absolutely geeked about the election results.  Everyone’s just so freaking happy!!  It’s suddenly a good time to be an American abroad in the world.

Pony Party – Tuesday 8 PM

This is an open thread.  Do not rec the Pony Party.

July 21 in History

Brought to you as This week in History by Peace Buttons.

Updated – Burma’s Military Junta Deports Aid Workers

YANGON (AFP) – Myanmar said Friday it was not ready to let in foreign aid workers, rejecting international pressure to allow experts into the isolated nation where disease and starvation are stalking cyclone survivors.

One week after the devastating storm killed tens of thousands, Myanmar’s ruling generals — deeply suspicious of the outside world — said the country needed outside aid for those still alive, but would deliver it themselves.

The foreign ministry announcement came as a top UN official warned time was running out to move in disaster experts and supplies to prevent diseases that could claim even more victims.

Instead, the ministry said some relief workers who arrived on an aid flight from Qatar on Wednesday had been deported.

link: http://afp.google.com/article/…

Al Jazeera has an exemplary in-depth analysis of this tragedy, including an extended round table featuring UN Humanitarian Chief John Holmes, Bo Hla Tint, spokesperson for the Burmese Government in Exile and Marie Lall of the Asia Programme at Chatham House:

France urging EU countries for a global initiative on food security

Biofuels are of increasing interest as an alternative to fossil fuels.  This pure image allows industry, politicians, the World Bank, the United Nations and even the International Panel on Climate Change to present fuels made from corn, sugarcane, soy and other crops as the next step in a smooth transition from oil to a not yet defined renewable fuel economy.  But, at what price?

From BBC News:

Agriculture minister Michel Barnier said Europe could not remain passive and leave the situation to the markets.

He said producing biofuels, a key part of the EU’s plans to tackle climate change, was a “crime against humanity”.

Can we stop or prevent genocide?

crossposted from dailykos at the suggestion of Jay Elias

The second paragraph of Nick Kristof’s piece, after recognizing Condoleeza Rice’s correct observation that we cannot simply invade a 3rd Muslim country, reads as follows:

But this week marks the 14th anniversary of the Rwandan genocide – the last time we said “never again.” And while Ms. Rice is right that we can’t send in American ground troops, there are concrete steps that President Bush can take if he wants to end his shameful passivity

I am no expert in this part of the world, nor in military and diplomatic affairs.  I am also a Quaker, and prefer the use of diplomacy to that of force.  But I also refuse to stand silently by in the face of slaughter.  And I think Kristof’s Memo to Bush on Darfur should be mandatory reading, and the starting point of serious discussions.   Let me explain why.

Updated (3x): “The Flame of Discord” Doused in Paris

From The Press Association:

Protesters have forced police to extinguish the Olympic torch amid heavy demonstrations as it set off across Paris.

Officers in jogging gear who had been escorting the flame put it out and took it on a bus, apparently to get it away from the protesters.

The flame, which started out at the Eiffel Tower amid tight security, was being carried down a road next to the Seine near demonstrators carrying Tibetan flags when the relay was stopped.

Sky News has footage of the security guarding the torch, including the police on rollerblades:

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