Day: 9 October 2018

Media outlets were buzzing on Tuesday with the news that Thierry Henry was in advanced talks to take over as manager at AS Monaco.

At the time of writing, Leonardo Jardim had not been officially sacked by the club, but media reports suggested that this was a foregone conclusion.

The news affects English club Aston Villa, which was looking to appoint Henry as manager – he was looking to get into management in England. But Monaco is a big lure for Henry, who played for the club as a striker.

ESPN reported that Monaco wanted a big statement manager, and the club was also considering Robert Pires, River Plate Coach Marcelo Gallardo and former PSG coach Laurent Blanc.

Monaco is this week hosting the 8th meeting of the Parties to the Agreement on the Conservation of Bats in Europe (EUROBATS).

This Agreement was established in 1991 under the auspices of the Convention on the Conservation of Migratory Species of Wild Animals (CMS), because of the alarming state of the bat population in Europe.

The Principality of Monaco has been a party to this Agreement since 1999, due to the local presence of many species of bat, such as the Cestoni’s Molossus or the common Pipistrelle.

The main objective of this Agreement is to provide a framework for states to cooperate towards a common goal: the conservation of bats throughout Europe.

On Sunday, October 7th, the experts present at the meeting visited the Exotic Garden of the cave and the Museum of Prehistoric Anthropology.

The hosting of this meeting should enable the Principality, on the one hand, to reinforce its commitment within the Convention on the Conservation of Migratory Species of Wild Animals (CMS) and on the other hand to promote its actions on the national plan for terrestrial biodiversity.

From September 24 to 29, 2018, Gilles Tonelli, Government Counselor-Minister of External Relations and Cooperation, participated in the 73rd session of the UN General Assembly, held in New York.

On September 24, the Government Council attended the Nelson Mandela Peace Summit, which celebrated the centennial of his birth, in the presence of 70 Heads of State and Government and more than twenty Foreign Ministers. On this occasion, Gilles Tonelli delivered an intervention that he concluded with a quote from Nelson Mandela, on the power of sport to change the world, emphasizing that “this message of hope, LL.AA.SS. the Prince Albert II and Princess Charlene, both Olympians, continue to perpetrate it through their charitable actions.” This quote was made by Nelson Mandela during a visit to the Principality.

Mr. Tonelli took part in the high-level meeting on Financing the 2030 Agenda for Sustainable Development, which brought together many politicians and leaders in the economic field. He also attended the meeting of the Security Council held at the level of Heads of State and Government, at the initiative of the United States who chaired it, and participated in a side event on the fight against plastic pollution.

During this UN week, the Government Counselor held numerous bilateral meetings with the Foreign Ministers of Vanuatu, the United Arab Emirates, Azerbaijan, the Baltic States, the French President’s Special Envoy and Coordinator. of the Presidential Council for Africa, the Minister of Tourism, Official Languages, La Francophonie of Canada, the First Lady of Niger and the Secretary General of the Union for the Mediterranean, to which he recalled certain guidelines set by SAS on Prince Sovereign, particularly with regard to pollution control, marine protected areas, water management and support to the IPCC.

During the meeting with the Minister of Foreign Affairs and Trade Promotion of Malta, an agreement was signed between the Government of Monaco and the Maltese Government to avoid double taxation and to prevent tax evasion with respect to taxes on income.

Monaco-based finance technology company Privatam has established a Swiss subsidiary to sell structured products to independent asset managers and banks.

Privatam was founded in 2014 by investment bankers in Monaco, and specializes in the development and structuring of cross-asset-solutions. It currently employs 30 staff and sells its services to independent asset managers, banks and professional investors.

The boutique has opened an office in Zurich, to be led by former investment bankers Thibault Pons and André Schlegel. They worked, respectively, for Société General and UBS’ investment bank.

Privatam plans to offer its services across Switzerland and will expand it staffing in the country. With a volume of 175 billion francs ($176.3 billion) in the first half of 2018, Switzerland represents the biggest market in the world for structured products. The opening of a subsidiary in the city represents a logical step, Pons told finews.com.

“New technology will increasingly influence the future of investing. Therefore Privatam has developed its own in-house applications to simplify the investment processes for clients. We’re independent, and operate in partnership with our clients and can put our vast experience to use in meeting client needs,” Pons added.