Confinement puts the French economy “in a state of anesthesia”

France is “Like an organism placed in a state of anesthesia” who “Only performs its vital functions”. In its last note published on April 23, INSEE confirms that the French economy is largely at a standstill, after five weeks of confinement.

→ LIVE. Coronavirus: information in France and worldwide

The organization estimates that the general level of activity in France has been cut by a third since mid-March. In the market sector (the one that produces goods and services that are sold), the drop in activity is even half, with some differences according to the branches.

Hotels and restaurants are logically among the most affected with a fall of 91%; automotive construction is down 72%; 80% refining; 55% trade. Compared to the last INSEE note, at the end of March, the situation is improving slightly in industry (- 39% instead of – 43%) and in construction (- 79% instead of – 88% ).

Some restaurants reopen for take-out

“Right now, a lot of companies are not even allowed to work,” regrets Alain Griset, president of the U2P, the Union of local businesses, who cites aesthetics and hairstyle … They want to reopen. But even for those who are licensed, activity is low. On average, we are barely 50% and in the building, not even 20% ”.

The construction sector itself is very diverse. “The building ranges from the craftsman alone to large public order sites. Small businesses are more agile and many of them have maintained their activity, which was not possible on larger sites. “, observes Vincent Frayssinet, director general of the French Building Federation for the Ile-de-France East.

As for the restaurants, some of those that were closed have been tentatively trying to open their doors for the past few days. Not for terrace service; only so customers or couriers can wait for takeout. ” Some establishments have gone on take-out for the past few days, admits an employer manager in the sector. But it is a very marginal and essentially urban phenomenon. “

Public services work

On the other hand, certain branches are still little affected by confinement. This is the case of finance, which is at its usual level of activity, or of food production, which only drops by 5%. In agriculture, the decline is 13%. The drop also remains limited in services “Non-merchants”, reflecting the fact that most public services, from health to police to education, continue to operate.

This calculation is based on an analysis of the value produced. INSEE also compared these figures with data on the conditions of employment of employees collected from companies with 10 or more employees and figures on partial unemployment. Today, nearly one in two private sector employees, or ten million people, are affected by partial unemployment measures. This device was requested by 820,000 companies, more than 6 out of 10.

In private companies with more than 10 employees, we observe a distribution in four equal parts: a quarter of the employees goes to work, a quarter is in telework, a quarter in partial unemployment and a quarter in sick leave or paid holidays.

No sign of massive short-time fraud

The situation is of course very different depending on the sectors and the size of the companies. “Today, out of the 77,000 employees of Engie in France, 32% are teleworking, 18% are on site, 31% on miscellaneous leave and 19% on partial unemployment “, Says Pierre Deheunynck, the group’s human resources director. For staff placed on partial unemployment, the group has committed to ” maintenance of purchasing power By encouraging its employees to take time off and RTT.

INSEE tried to verify that the data on activity, on conditions of employment and on partial unemployment do not present a contradiction. The organization concludes that they “Are consistent with the assumption of an economy turning at around two thirds of its capacity, all sectors included, with a more marked fall for the merchant sector”. This tends to show that there is no massive partial unemployment fraud, despite some testimony that has shown that companies here and there may have taken advantage of the windfall.

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The eurozone at a standstill

Private sector activity in the euro area collapsed in April at an “unprecedented” rate, as a result of measures taken to halt the spread of the coronavirus, according to the first estimate, Thursday, April 23, Markit firm composite index.
The monthly index is 13.5 points, compared to 29.7 points in March, which constitutes “By far the largest contraction in overall activity recorded in more than twenty years of surveys.” “In comparison, the index fell to 36.2 in February 2009, the height of the global financial crisis,” emphasizes the cabinet.

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Chancellor delivers speech to nation – he wants to announce that now – News

Sebastian Kurz (VP) wants to deliver a hopeful speech to the battered nation at the ceremony for “75 years of the Second Republic” on Monday and, above all, encourage those who went bankrupt because of the corona crisis.

The 75th anniversary of Austria’s declaration of independence and the associated establishment of the Second Republic will be celebrated on the coming Monday. Due to the corona crisis, the planned ceremony will take place in a reduced form this year. Following a long-standing tradition, this day also begins in 2020 with the wreath-laying ceremony of the Federal Chancellor, Vice-Chancellor and the Minister of Defense at the castle gate – this time Sebastian Kurz (VP), Werner Kogler (Greens) and turquoise Claudia Tanner have to do with fewer soldiers of the guard and guard music to take.

New speech on the state of the nation

The ceremony from the Federal Chancellery will be broadcast on ORF from 11:00 a.m. Chancellor Sebastian Kurz will address the population in a 15-minute speech from the Chancellor’s Office. Some details from this speech leaked to the nation on Saturday evening. Sebastian Kurz said it was an anniversary in the middle of a time of crisis “Today”– According to information. Austria “had many successes and wonderful moments, but also always faced challenges and crises together”.

“Will master this crisis”

A few weeks ago, if he had to issue drastic warnings (“We will all know someone who died of Corona”) about the virus, the head of government will now be positive. The Chancellor would like to say “hope and optimism” to the people against the background of the current crisis management, as opposed to the Chancellery “Today” called. Austria will “open a new chapter” at the start of the 76th year of the Second Republic and will also overcome this crisis through “cohesion, hard work and joint efforts”.

“Abandonment demanded a lot from us”

After the phase of “renunciation, deprivation and loneliness that demanded a lot”, according to Sebastian Kurz, “our way back now begins – with gradual upswing in social life and the economy”. For the Federal Chancellor in the coming months it will be a matter of “quickly bringing people back into short-time work and unemployment into full employment” and “helping everyone who has been completely deprived of their economic existence by the virus overnight.” In short: “Companies and their employees now need our full support.”

For this, the government will “work harder” to “make the comeback for Austria together”, Sebastian Kurz wants to tell people in his speech on the state of the nation on Monday, it says.

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EU postpones response to economic emergency again (Júlia Manresa Nogueras)

The eurozone economy could fall by 15% due to the coronavirus pandemic. The impact is clear when you put it next to the 4.9% drop that was experienced in 2009. It is the warning to sailors with which the President of the European Central Bank (ECB), Christine Lagarde, tried to raise awareness leaders so that they do not do “too little and too late” and approve a “fast, firm and flexible” recovery plan. And the Twenty-seven know that, but they still don’t agree on how to do it. In recent days, positions have come closer, especially after the South renounced any debt pooling. Yesterday they agreed to create an economic recovery fund that will be linked to the new EU budget, but they have not agreed on the size, the form, or how to distribute the money, if it sees more credit (as the north wants) or to through direct transfers (as required by the south).

The brutal work will be up to the Commission, which, after listening to everyone and gathering ideas from all over, has to come up with a proposal in the coming weeks that tries to gather all the concerns. Then the leaders will have to give the final green light, and all this leaves the final decision for June, when they hope to meet physically. And this despite the “emergency” awareness that the President of the European Council, Charles Michel, admitted yesterday after a video conference that closed without a document of conclusions, despite the fact that it was a key appointment to avoid the unequal collapse of the European economy and for the integrity of the single market itself. As the President of the Commission, Ursula von der Leyen, warned, without “decisive and collective action, the recovery will not be symmetrical and divergences will increase”.

But after so many comings and goings, where is the discussion now? Coronabons are definitely ruled out and a half-trillion shield in credits (for companies, ERTOs and healthcare systems) has been approved, which will be launched in June. With this decided, the debate revolves around how to articulate an economic recovery fund linked to the EU budget for the period 2021-2027 and which must be debated again. The discussion is stalled precisely because the north did not want to contribute more money. All of this will now be mixed up, which for some may further delay the discussion while for others it may be the necessary push.

The figures also generate some consensus around 1.5 trillion, but how this sum will be reached is a mystery. That is why, after gathering all the positions of the different European blocs, the leaders have left the final proposal in the hands of the Commission, also because it is Brussels that has the legislative initiative. Von der Leyen presented to the leaders yesterday a proposal for funds linked to the European Community budget that “will find the right balance between loans and direct transfers”. To reach up to 1.6 trillion euros (which is the plan he is working on), it would be necessary to raise the spending ceiling of the EU budget for the coming years and support a debt issue from the European Commission itself ( which has already been done before) and which, in practice, does not involve mutualization of the debt, precisely because the money is then made available to states that request it through transfers or cheap credits. From there, different internal or budget-related mechanisms would mobilize this high amount. In fact, the draft proposal foresees that the fund will only contain about 320 billion euros and that the rest of the money, up to 1.5 trillion, would be activated through various mechanisms of the community budget.

The Commission has presented this first draft after France presented the first fund idea with shared debt, the Netherlands its with gifts from north to south, and Spain its with perpetual debt issued from Brussels, a proposal that finally Italy take on. Perpetuity is already completely ruled out, but Paris, Madrid and Rome are pushing for the debt to be issued in the very long term. Knowing all this, now the battle is between credits and transfers and also in the pace of response. Therefore, the different European leaders appeared with relative satisfaction and full of nuances.

French President Emmanuel Macron was blunt: “Europe’s borrowing is not up to the task. Because? Because loans would already add to the debt of the most fragile countries and worsen financial imbalances. ” Macron is clear that with more credit the problem is not solved: “They must be real transfers, budget transfers.”

In the same vein, Italian Prime Minister Giuseppe Conte called for urgency and even called for a “bridge” mechanism to gain access to these transfers, given that they may not be effective until the end of the year. But for his Dutch counterpart, Mark Rutte, the emergency is resolved with half a trillion credits activated by the Eurogroup and which include the rescue fund that neither Spain nor Italy want to ask for. “There are 520 billion euros available, I would be stunned if we spend them all before the end of the year,” said the Dutchman yesterday, assuming that to finish detailing everything will take time and also that the recovery fund it will be structured mostly in the form of credits. Pedro Sánchez did not appear in Spain, but the Minister of Foreign Affairs, Arantxa González Laya, did so, claiming the role of Spain “at the center of the game” in changing the tone of the talks, although the demands Spanish initials have been diluted and that the south, for now, is the one who has yielded the most.

Italy

The country most affected by the pandemic and also one of the weakest economies in the EU with 135% debt. From the beginning he demanded to share risks, mutualizing debt so as not to have to borrow more, but he has already yielded in this line and now accepts a fund of 1.5 trillion euros in perpetual debt to give direct transfers , no credits.

Netherlands

It’s the other end of the story. He has managed to remove the coroners from the debate and now focuses his opposition on how to distribute the money from the recovery fund. He wants it to be just credits and that if there are transfers they are made through the EU budget, a budget that The Hague does not want to see fattened at the expense of its southern neighbors.

Spain

It has made hinge. He was on the side of Italy at the beginning of the discussion, but has abandoned debt pooling. Italy made the turn after Spain presented a proposal similar to the French one and it picked up ideas that the socialist commissioners had already dropped: a fund of 1.5 trillion through debt issued by the Commission and backed by an increase in EU budget and that would be perpetual. The latter part is ruled out by the northern opposition. Spain asks for transfers and not credits, but would accept a combination of the two.

Germany

He always stands firm against the coronabons and on the side of The Hague, but seeking to focus the debate. That is why Berlin said this week that it was willing to increase its contribution to the EU budget has been key to making the issuance of debt by the European Commission a viable project.

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Unemployment in Italy and the USA increases dramatically

Closed business in the United States

Since the start of the corona crisis, over 26 million US workers have registered as unemployed.

(Photo: AP)

Rome, Washington Not only in Germany, but also in the United States and Italy, the dramatic consequences of corona-related restrictions on the labor market are becoming increasingly important. The United States saw another surge in unemployment claims last week.

According to figures released by the U.S. Department of Labor on Thursday, between April 11 and April 18, 4.4 million citizens applied for unemployment benefits. That is slightly less than the previous week, when 5.2 million applications were received. Overall, however, the historic downturn in the US labor market continues.

Until the start of the corona lockdown in mid-March, the US was practically fully employed. Since then, 26.5 million US workers have registered as unemployed. That corresponds to about ten percent of all workers there.

The unemployment rate for April, which will only be released in the United States on May 8, is estimated by experts to be around 15 percent. The Oxford Economics research institute calculates that the corona pandemic in the United States will lose a total of just under 28 million jobs. For comparison: The recession after the financial crisis in 2008 only destroyed about nine million jobs in the United States.

Registration for unemployment benefits in the United States is also likely to be particularly high because the US government has expanded claims to support in response to the corona shock.

American unemployed people now receive a fixed flat-rate payment of $ 600 a week from the federal budget, in addition to the unemployment benefit of a few hundred dollars a month, which varies from state to state.

For some low-skilled workers, government support is higher than their previous salary. For the first time, solo self-employed persons from the so-called gig economy are entitled to unemployment benefits.

This means that more redundant workers than before have an incentive to actually register as unemployed. However, those who quit on their own initiative or fly out due to their behavior generally have no claim to unemployment benefits in the United States.

Situation in Italy

In Italy, fear of corona-related unemployment is now almost as great as that of the virus itself. According to a survey conducted by the Tecnè research institute on Tuesday, 54 percent of Italians are afraid of losing their jobs, including civil servants . Meanwhile, 62 percent of the population fear the corona virus.

In Italy, not only is the number of corona deaths still highest in Europe, the economic consequences of the crisis are also the most dramatic. With only a few exceptions, production in the country already stops in the fifth week. There will only be easing from May 4. The International Monetary Fund therefore expects Italian economic output to decline by 9.1 percent in 2020.

In its “Global Outlook” for Italy, the rating agency Fitch estimates that the unemployment rate, which was ten percent in 2019, will rise to 12.1 percent this year and will only decrease slightly to 11.8 percent by the end of 2021.

The Italian statistics office Istat only published the unemployment rate for February at the beginning of April, a decrease to 9.7 percent was reported. But that was before the escalation of the Corona pandemic in Italy. It is only at the beginning of May that the March figures will show the true extent of the corona crisis on the labor market.

More: How are different countries and systems doing in the corona crisis? While European countries are at the top, China and the USA are lagging behind.

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US has had 26 million unemployment claims since pandemic started

New York Stock Exchange

Around every sixth employee had lost his job since mid-March.


(Photo: dpa)

Washington More than 4.4 million redundant workers applied for unemployment benefits in the United States last week. The government announced on Thursday. The wave of redundancies caused by the measures to combat the corona pandemic continued.

In the five weeks since numerous companies had to close because of the new corona virus, a good 26 million people have now applied for unemployment benefits. About one in six US workers has lost their jobs since mid-March, by far the most violent wave of layoffs since data collection began.

The number of recipients of unemployment benefits has risen to a record 16 million – above the previous high of 12 million in 2010 after the end of the recession triggered by the global financial crisis. The figure of 16 million reflects how many people went through the application process and received recognition – and are now actually receiving money.

In some U.S. states, workers have encountered obstacles to the application process. As part of an aid package adopted in March, freelancers and the self-employed will also receive support. However, many states have not yet approved their applications, so many unemployed are not yet included in the statistics.

Labor economist Aaron Sojourner from the University of Minnesota spoke of a “truly devastating shock for many families and small businesses.”

The government’s job market report is due for April 8. Bank J.P. Economists Morgan expects the loss of 25 million jobs to be reported, nearly three times the number lost during the entire recession triggered by the financial crisis.

More: The US Senate approves a new $ 480 billion stimulus package. Among other things, it provides further help for small and medium-sized companies.

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Another 4.2 million workers apply for unemployment insurance in the US

Another 4.2 million workers applied for unemployment insurance last week in the United States.or that supposes that more than 26 million people have lost their jobs in the last five weeks, reported Thursday the Department of Labor.

The pace of motivated requests in the Covid-19 pandemic, however, has slowed, with 5.24 million requests in the week ending April 11, compared to 6.61 million the previous week.

The average weekly requests in the last four weeks rose to 5.78 million in which it closed on April 18, compared to the average of 5.50 million the previous week.

The report shows that the number of people receiving unemployment insurance payments rose from 11.91 million in the week ending April 4 to 15.97 million last week.

Unemployment Benefit Applications have broken all historical records since the beginning of March the United States began to feel the impact of the pandemic on its economy, which has led to the suspension of a large part of economic activities and the seclusion of the population in their homes.

Congress approved and President Donald Trump enacted a set of economic relief measures in the amount of more than $ 2.3 trillion, which includes portions to support unemployment insurance benefits and support companies, especially small and medium, so that they can continue to pay their employees.

For its part, the Federal Reserve announced the unlimited purchase of Treasury bills and mortgage securities to keep money costs as low as possible in an effort to ensure that financial markets continue to function properly.

The Covid-19 pandemic has already caused more than 842,000 infections in the United States, while deaths are close to 47,000.

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Why a layoff tsunami is inevitable

DECRYPTION – The purge that is preparing will be of unprecedented violence. The layoffs will run into the hundreds of thousands, if not millions.

The question now is what the government will do with this expected and inevitable surge of social plans.
The question now is what the government will do with this expected and inevitable surge of social plans. Pool / ABACA / Pool / ABACA

In response to his previous speeches, Édouard Philippe was once again very clear during his press conference last Sunday: the economic crisis, of unequaled brutality, “Just started”. The Prime Minister did not fail to recall that his objective, through all of the support measures deployed, “Is to safeguard what can be today to allow tomorrow to revive what should be”. The head of government is indeed aware of the magnitude of the shock, particularly in terms of job cuts, which is looming. And he knows, as one of his predecessors said in 1999, Lionel Jospin, when the Renault Vilvoorde plant was closed, that “The state cannot do everything”

And even less today! Because if the partial unemployment scheme makes it possible to pass the course of the crisis, by suspending employment contracts, it does not in any way guarantee their sustainability in the end of confinement and resumption of activity. Of course, the state will not retreat

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LIVE – Coronavirus: Macron expected in Brittany, 10 million French people on partial unemployment … The latest news

⇒ 12:20 p.m .: [RECAP’] Most of the day at midday

Emmanuel Macron goes to Brittany this afternoon to greet “those who supply the French”, he will visit, among other things, a farm.

♦ More than 40 billion euros in loans guaranteed by the State have been granted to companies to face their treasury problems, announces BpiFrance. There have already been 251,000 loans.

♦ More than 3 million work stoppagesl have been issued including 2.3 million child custody orders announces Health Insurance. In addition, more than 10 million French people are partially unemployed or more than one in two private sector employees

♦ The Covid-19 pandemic made more than 178,000 dead and over 2.5 million infected.

♦ Aux United States, the number of daily victims of Covid-19 goes up again with 2,751 new deaths in 24 hours bringing the total to 44,845.

⇒ 12:05 p.m .: [UN JOUR, UNE CITATION]

⇒ 11.45 a.m. [HÔPITAL] “Emergency room visits dropped 45% for adults and 70% for children”

Admissions to emergency departments of Paris Hospitals have been halved since the start of confinement, says AP-HP, who is worried about a renouncement of care for serious pathologies, in particular cancer.

“Since mid-March 2020, emergency room visits have dropped 45% for adults and 70% for children compared to last year at the same time”, details in its press release Public Assistance – Paris Hospitals, the leading French hospital group with 39 establishments.

This drop is “Presumably due to behavior patients themselves wanting to avoid overloading emergency departments or their fear of contracting Covid-19 in the hospital “, adds the AP-HP.

⇒ 11.35 a.m. [ÉTATS-UNIS] The Covid-19 epidemic begins in February

Two people died in California at early and middle of February, were the first victims of coronavirus in the United States, several weeks before the first officially recorded death to date, announces the Santa Clara County Coroner.

It was the autopsies performed on these two people, who died at their home on February 6 and 17, which led to the conclusion that their death was caused by Covid-19, he said in a statement, after receiving confirmation from the United States Centers for Disease Control (CDC).

The United States is the country most affected by Covid-19, with 44,845 dead listed Tuesday by Johns Hopkins University. Over 820,000 cases have been diagnosed across the country.

⇒ 11:15 a.m. [WIHR-AU-VAL] A village on its knees after the “war” against the Covid-19, wound still alive

The lives of the 1,300 inhabitants of Wihr-au-Val, a village near Colmar in the Haut-Rhin, have changed with the coronavirus. With 9 dead and 60 proven cases officially, the life of the town has stopped.

⇒ 11:05 a.m. [LIBAN] First case of Covid-19 in a Palestinian refugee camp

The patient was transferred to the Rafic Hariri public hospital in the capital, said the UN agency for Palestinian refugees (Unrwa), which did not provide any indication of her age or state of health. .

The affected Palestinian refugee camp is in eastern Lebanon. The patient’s family and those who have visited her will be screened, said the Lebanese official news agency ANI. Tests will also be conducted on a sample of more than 50 people randomly selected “In the camp and its surroundings”, according to the same source.

⇒ 10:50 a.m .: [ÉLYSÉE] Emmanuel Macron in Brittany this afternoon to greet those who “supply the French”

After the Council of Ministers in the morning, the head of state is expected in the middle of the afternoon in northern Finistère, first in Cléder, where it meet the employees of a farm agricultural where tomatoes are grown in particular. This visit “Aims to salute the mobilization of the agricultural world to provide food for the French during the Covid-19 crisis”, explains the Élysée.

Emmanuel Macron will visit then in Saint-Pol-de-Léon to visit a supermarket Super-U in order to “Salute the commitment of the store staff” of this brand “And of all the employees in the sector, who have continued their activities since the beginning of the crisis, by multiplying solidarity actions in favor of the elderly and vulnerable (home deliveries) and by favoring local productions”, according to the presidential palace.

⇒ 10:40 a.m. [MADAGASCAR] Medicinal plants to counter the virus

To fight the coronavirus epidemic, the Madagascan president, Andry Rajoelina has a remedy the ” Covid-organics ” A remedy made from medicinal plants including artemisia which would boost the immune system.

If it has not been the subject of scientific studies, the ” Covid-organics Is already on sale across the country and will be made compulsory by children returning to school this Wednesday, April 22.

⇒ 10:15 a.m. [ÉCONOMIE] Nearly 40 billion state-guaranteed loans

Bpifrance managing director Nicolas Dufourcq indicates that the total sum of state guaranteed loans granted to companies to deal with their cash flow problems in a period of containment approaches 40 billion euros.

“In demand for business loans, this weekend was around 60 billion euros”, added the director of the public investment bank on the RTL antenna. He also specifies that 251,000 loans had been granted on Wednesday evening, for an average amount of € 140,000.

10:00 a.m .: [ASSURANCE MALADIE] Over 3 million work stoppages

The assessment, stopped Monday, is commensurate with the health crisis: some 600,000 sick leaves have been prescribed by doctors for as many Covid-19 patients. For the “So-called vulnerable people” (chronically ill, pregnant women), Health Insurance received in one month 400,000 requests for work stoppages “Derogatory”, to which it gave right “In almost 8 out of 10 cases” – other people who can get one “Retroactively” through their doctor, she says.

But that is nothing compared to 2.3 million child custody cases, issued at the request of employers since the first school closings in early March. A number undoubtedly higher than that of the insured benefiting from it, since this type of work stoppage is granted for three weeks maximum and renewable until the resumption of the courses – scheduled at the earliest on May 11.

These parents of students, as well as “Vulnerable persons” however go switch to partial unemployment on May 1, in order to avoid a loss of income due to the degression of the daily allowances paid by the Social Security. According to the Ministry of Labor, this will affect more than two million people, which will be added to the 10.2 million workers already on partial unemployment.

9.50 a.m .: [LE DESSIN DU JOUR] Lnewsé seen by Rémi Malingrëy

9.40 a.m .: [EMPLOI] 10 million French people on partial unemployment

More than 10 million employees, or more than one in two private sector employees, are affected by partial unemployment, a number ” considerable “, announced the Minister of Labor Muriel Pénicaud on BFM Business.

This device, which allows the employee to be compensated up to 70% of gross salary and 84% of net salary, now concerns 820,000 businesses, more than 6 out of 10. “This is considerable, we have never done that in our country”she continued, adding that these numbers continue to rise ” day after day “.

The coronavirus crisis has halted many professional sectors, including hotels and restaurants, where 9 out of 10 employees are partially unemployed, and the Construction, where 93% of employees are also partially unemployed, she said.

⇒ 8:10 a.m .: [DANS LA NUIT] Heavy toll in the United States, Spanish children soon allowed to leave their homes

24-hour death toll rises sharply in the United States with 2,751 additional deaths from the new coronavirus, or one of the heaviest assessments recorded on a day by a country.

President Donald Trump announced on Tuesday ” pause “ 60 days onimmigration which will apply to green card applications (permanent residents) but not to temporary work visas.

The US Senate unanimously adopted a new plan by nearly $ 500 billion to support SMEs hard hit by the Covid-19 crisis, assist hospitals and strengthen screening for coronavirus.

In France, places of worship will not reopen on May 11, Emmanuel Macron said on Tuesday to the worship leaders, planning an assessment around the beginning of June or mid-June to study the possibility of reopening. The head of state also indicated, during an audio conference with the leaders of the major religions, that there would be “No big gathering until the end of the summer”, still due to the pandemic.

The mutual banking group Crédit Mutuel and its CIC subsidiary announced Tuesday wanting pay a total of 200 million euros to their insured professional clients against operating losses in order to compensate for part of the shortfall linked to the epidemic of coronavirus.

Netflix, the big winner in containment. Streaming giant Netflix generated nearly $ 5.8 billion in revenue in the first quarter of 2020. The streaming platform attracted 15.8 million new members from January to March, especially in favor of the pandemic which has resulted in the confinement of many populations in their homes.

In Spain, 3rd most bereaved country, where strict confinement has been in place since March 14, children are forbidden to go out. This should finally change : “I will allow the children to go out for a walk from Sunday”, Minister of Health Salvador Illa announced at a press conference in the early evening, adding that these were “Under 14”. Calls from certain regions, politicians or health professionals have become more and more pressing in recent days in Spain to allow children to go out, highlighting in particular the risks to their health or psychological.

♦ After exchanging by phone with Pope Francis, Emmanuel Macron met by audio conference with representatives of religions and laity in France.

♦ The pandemic of Covid-19 did more than 172,000 dead around the world and over 2.5 million people infected.

♦ In Italy, measures to relax containment should be announced “Before the end of this week” while the country has known 534 new deaths in 24 hours yesterday even if the number of patients continues to decrease.

Hello and welcome to this live dedicated to the coronavirus pandemic.

Let’s start this day with a piece of poetry offered by the eponymous house. To escape reading in time of confinement, the Maison de la Poésie offers in entirety musical reading of the novel Little country by Gaël Faye accompanied by Samuel Kamanzi.

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The unemployed do not go to the field call to collect

Most of the people who have signed up to the lists opened by the Government are illegal immigrants

Various workers agr

Several agricultural workers collect potatoes on a farm in the Murcia countryside.
MARCIAL GUILLNEFE

Fieldyou are already encountering various problems in the fruit harvesting campaignof bone that has already started in some regions of Spain. They had been denouncing the lack of work for the harvesting of the fruit for weeks, a problem that, despite the measures approved by the Government to alleviate it, has not been fully resolved, since the majority of people who have signed up are illegal immigrants.

In addition, in the areas where harvesting has already started, farmers report that speculative practices are taking place, andcontracts are not being made or the purchase prices of the product are not being established, as required by law.

A few weeks ago, the Government itself acknowledged that around 150,000 people were missing to cover the collection campaign, which has already started in Murcia and Andalusia and is now beginning in Aragn, La Rioja and Catalua.

The Executiveapproved a package of measures to mobilize the unemployedand that they could work in the field without losing their unemployment. But the problem, they explain from Coag, is that most of these workers are illegal immigrants.

Seasonal transfer

Unemployed and immigrants to collect crops

From UPA they relativize the problem and explain that the temporeras, the majority of whom are Moroccans, are being mobilized, who picked up the strawberry and are diverting them to carry out other campaigns.Agrarian associations are collecting job applications and forwarding them to farmers who demand labor.

According to Coag, there is still no personal need. They ask that the movement of workers from one community to another be made more flexible, despite the state of alarm. The ministry does allow mobility but between nearby towns. The problem is that with the borders closed, many workers from other countries who come to Spain with an employment contract to do the pick-up, can no longer do so.

To this is added another problem. From Coag they denounce, like UPA, that “they are not making contracts with farmers or fixing prices.” The food chain law (which was passed just two months ago)forces intermediaries who buy fruit or any other agri-food product to make contractsto farmers or ranchers. This contract must reflect the price they pay for the merchandise.

Speculation

However, as the organizations denounce, “it is not being followed, and the fruit is being delivered ‘as a result'”. That is to say: the farmers deliver the product but they are paid a posteriori, and “they don’t know when or how much they are going to charge.”

“It is reverting to speculative practices, trying to start with low prices. Or without setting a price, and then pay what is on the market.If you do not want to lose what you have collected, you have to enter through the ring, because they are perishable products that you cannot storeand you have to get it out as soon as you pick it up, “they point out from Coag.

To this is added thatthere is 15% less production than last year and that household consumption has increased,Despite the fact that in the hospitality industry, as bars and restaurants are closed, less demand is being made. Normally the producer sells the fruit to purchasing centers (they act as intermediaries), to the supermarket chains (with whom they already have agreed agreements) or to wholesalers who go to the markets (Mercabarna, Mercamadrid …) and sell, in turn , to the fruit bowls.

The costs for this collection will grow by 30%,Therefore, in the handling process, which is when the fruit that is not of sufficient quality is discarded and packed in bags or trays, these costs have increased due to the security measures that have had to be implemented to prevent contagion from coronavirus. These costs “either pass on to the final price to the consumer or are borne by the producer or shared among them a little,” they point out from Coag.

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