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/ 11 February 2008
South Africa lock Bakkies Botha is set to join French second division club Toulon, sports daily L’Equipe reported on Monday. Botha (28) agreed a three-year contract on Sunday and could start playing for Toulon in April, L’Equipe said.
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/ 11 February 2008
Other banks and the French taxman stand to make hundreds of million of dollars as Société Générale boosts its capital with a deeply discounted rights issue after rogue trading and United States subprime losses. An official at the bank said on Monday the company would have to pay taxes on a €1,4-billion capital gain.
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/ 10 February 2008
Defending champions America and France, two of the most successful countries in Davis Cup history, will clash in this year’s quarterfinals after cruising through their World Group first-round ties. The United States, the 31-time champions, saw off Austria 3-0 while nine-time winners France also opened up a 3-0 lead over Romania.
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/ 10 February 2008
France winger Vincent Clerc once again proved fatal to Irish rugby as he ran in a hat-trick of first-half tries to inspire the French to a 26-21 victory over Ireland in their Six Nations clash at the Stade de France on Saturday. The 26-year-old flyer — who would not have played had Julien Malzieu not been injured — notched up his sixth try in the last three Tests against the Irish.
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/ 10 February 2008
A new court battle will be held on Monday over the detention of French rogue trader Jerome Kerviel. The decision by a Paris appeals court on Friday to back a prosecution demand that the 31-year-old trader be held in custody was the latest twist in the worst investment banking scandal in history.
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/ 9 February 2008
A second trader suspected of involvement in the multibillion-dollar losses at Société Générale bank was taken for questioning by judges on Saturday. The unnamed broker at Société Générale subsidiary Fimat was seen leaving the headquarters of the police financial brigade aboard an unmarked police van escorted by a car.
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/ 8 February 2008
A French inquiry into a €4,9-billion trading loss at Société Générale widened to a second broker on Friday as investigators sought to establish whether rogue trader Jerome Kerviel acted alone. The news emerged as a court prepared to rule on whether Kerviel should be taken into custody.
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/ 7 February 2008
Chadian President Idriss Déby Itno said on Thursday he was willing to pardon six French aid workers convicted of trying to fly more than 100 children out of the country, now serving their jail terms in France. ”I am ready to pardon them,” Déby told French radio Europe 1.
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/ 7 February 2008
Seven doctors and pharmacists went on trial on Wednesday over the deaths of more than 100 people from Creutzfeldt-Jakob disease (CJD) that occurred years after the victims were treated, while still children, with tainted human-growth hormones. Two hundred relatives of the victims packed a Paris courtroom.
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/ 5 February 2008
Société Générale was braced for fresh criticism from France’s top central banker on Tuesday as the man the bank blames for its record trading losses spoke out against his former employer. Jerome Kerviel (31) is under police investigation and said that he would not be turned into a ”scapegoat”.
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/ 4 February 2008
Resolutions at the United Nations or African Union could alter the mission of French troops in Chad, France’s Foreign Minister said on Monday as a first planeload of evacuees landed at a Paris airport. Foreign Minister Bernard Kouchner and Defence Minister Herve Morin said French forces secured Chad’s airbases and were protecting French and foreign civilians.
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/ 2 February 2008
Rebels penetrated the capital of Chad on Saturday, clashing with government troops and moving toward the presidential palace after a three-day advance through the Central African nation, a French military spokesperson and witnesses said. Witnesses reported looting and gunfire near government buildings.
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/ 1 February 2008
Former world champion Fernando Alonso has shrugged off his brief and disappointing flirtation with McLaren, confident that his return to Renault will restore his title credentials. The Spaniard has been welcomed back by the French team, with whom he won back-to-back Formula One world championships in 2005 and 2006, after a disastrous time with McLaren.
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/ 31 January 2008
France’s Areva has submitted a multibillion-dollar offer to develop and build nuclear power plants in South Africa after Eskom invited international companies to submit bids. Areva said it would head a consortium that includes French power group EDF, French construction company Bouygues and SA construction firm Aveng.
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/ 29 January 2008
Accused French rogue trader Jerome Kerviel walked free after judges placed him under formal investigation on Monday for his role in $7-billion of losses at Société Générale but stopped short of charging him with fraud. Shares in the French bank took a battering as allegations emerged that a board member was guilty of insider trading related to the scandal.
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/ 28 January 2008
South Africa’s World Cup-winning lock Victor Matfield could make his international reappearance against Wales in June if he can perform a delicate balancing act with his French club, Toulon. Matfield hasn’t played for the Springboks since the World Cup victory over England in October and has only featured in four games for the ambitious French second division side.
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/ 24 January 2008
The admission by French bank Société Générale on Thursday that a single trader had defrauded it of €4,9-billion ($7,15-billion) is just the latest example of how a rogue operator can blow a huge chunk of a company’s assets sky high. What rogue bankers have in common is that they are experts in making money.
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/ 24 January 2008
French bank Société Générale (SocGen) disclosed one of the biggest alleged frauds in financial history on Thursday, adding to a wave of gloom surrounding world markets battered by credit market losses. SocGen, France’s second-biggest listed bank, said it had uncovered an ”exceptional fraud” by one of its traders. It said this would cost the group â,¬4,9-billion.
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/ 17 January 2008
Latvian tenor Sergei Larin, who starred at Milan’s La Scala and New York’s Metropolitan Opera during a three-decade career, has died at the age of 51, the Paris Opera announced. Larin died on January 13 in Bratislava where he had been a permanent soloist at the Slovak National Theatre since 1992.
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/ 16 January 2008
A court ruled on Wednesday that French oil giant Total was responsible for the 1999 sinking of the oil tanker Erika, and ordered it to pay damages for one of France’s worst environmental disasters. Total, the world’s fourth largest oil group, which chartered the Erika, was fined€375 000.
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/ 16 January 2008
Botanists on Thursday announced they had identified a new species of palm that is so enormous it can be spotted from space and whose bizarre life cycle requires the plant to kill itself after it has flowered. The gigantic, pyramid-shaped plant was discovered accidentally by a French family walking in remote north-western Madagascar.
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/ 13 January 2008
Six French charity workers convicted of child kidnapping in Africa will go before a court near Paris on Monday, as judges seek to adapt their Chadian sentences to French law. Twenty days after the Zoe’s Ark team were given eight years hard labourCreteil prosecutor Jean-Jacques Bosc has already said he will seek eight years imprisonment.
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/ 13 January 2008
President Nicolas Sarkozy’s talk of creating a new growth and well-being index for France is part of a mounting global campaign that many economists believe will shape civilisation and democracy in the 21st century. Sarkozy presented his recruitment of Nobel prize-winning economists Jospeh Stiglitz and Amartya Sen to work on a quality-of-life index.
French police have arrested a former officer in the Rwandan army, Marcel Bivugabagabo, accused of taking part in the 1994 genocide, an association of legal plaintiffs said on Wednesday. Bivugabagabo (53) is on the list of war criminals wanted for trial by the Rwandan government.
The world’s coral reefs are in alarming decline, but what — or who — is most to blame? A groundbreaking study published on Wednesday singles out human settlement, especially coastal development and agriculture, as the main culprit, even more so than warming sea waters and acidification linked to global warming.
Calling for urgent reform of the United Nations, France President Nicolas Sarkozy pledged on Tuesday to help Brazil, Germany, India, Japan and a major African country join the UN Security Council as permanent members. Sarkozy said he had recently told UN Secretary General Ban Ki-moon that "UN reform can’t wait any longer".
Simone de Beauvoir was an iconic figurehead of the 20th-century struggle for women’s liberation, but as France marks the centenary of her birth on Wednesday, critics are taking a cold, hard look at her life and legacy. Beauvoir’s groundbreaking 1949 work on the female condition, The Second Sex, her defiance of social taboos, propelled her to near-mythical status in France and abroad.
Lewis Hamilton insists last year’s spying scandal and the heavy hand of McLaren team politics have been consigned to history as he takes aim at the 2008 Formula One world title. The British driver enjoyed a storming start to his career in 2007 and was on course to clinch the title before he was pipped to the crown by just one point by Ferrari’s Kimi Raikkonen.
Couscous could now provide the surprise recipe that saves France from cultural decline.
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/ 29 December 2007
It will be the year of the Golden Slam for tennis in 2008 and realistically only two names are in the running. Both Roger Federer and Justine Henin finished this year as clear number ones in their sport and they are set to dominate again. But from there to winning all four Grand Slams events plus Olympic gold in Beijing in the same calendar year is a huge step.
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/ 26 December 2007
Care to rub shoulders, virtually speaking, with the likes of supermodel Naomi Campbell or fashion icon Jean-Charles de Castelbajac? If the answer is yes, then the solution is aSmallWorld.net, an exclusive social networking website for the wealthy and glamorous — that is, for those wealthy, glamorous and lucky enough to be admitted.
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/ 26 December 2007
Oil prices of near per barrel caused alarm in consuming countries in 2007, and analysts forecast another tense crude market next year with triple-figure records a real prospect. Despite a murky outlook for the world economy, crude prices are seen settling at elevated levels.