France’s Hollande declares state of economic emergencyJanuary 18, 2016 - 15:08 AMT PanARMENIAN.Net - French President Francois Hollande has declared what he called "a state of economic emergency" and says it's time to redefine France's economic and social model, the Associated Press reports. Hollande laid out a series of proposed economic measures Monday, Jan 18, in an annual speech to business leaders to boost long-stagnant French growth and reduce chronic unemployment. The first measures he proposed are relatively modest, and he said they would not "put into question" the 35-hour workweek. He did not seek to assume any new emergency powers. Hollande stressed the urgency of updating France's labor-friendly business model in a fast-moving, increasingly globalized and online economy. The measures included a loosening of some worker-friendly measures to encourage companies to hire, and new training for half a million workers. Related links: Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. U.S. doesn’t see Russia as contributing to peace in Caucasus Patel made the remarks when asked about the implications of Russia’s withdrawal of peacekeepers from Karabakh. Up to 1% cashback when shopping on Wildberries with IDBank cards IDBank is launching an exclusive campaign on Wildberries for online shopping enthusiasts. |