Local News
Monaco launches second phase of national housing plan for Monegasques
The Monegasque government has unveiled the next phase of its ambitious housing initiative, confirming that a second wave of high-quality state-owned apartments will be delivered from 2025 to 2029.
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Frost this week devastates wine harvest
A spring frost overnight from Wednesday to Thursday, April 20, has devastated large parts of this year’s wine harvest. Particularly hard hit have been Champagne, Burgundy and Languedoc. Many...
Solar Impulse co-founder in new venture
Solar Impulse co-founder Andre Borschberg has started a new venture to develop electric propulsion systems for air transport. According to a report in trade paper Aviation Week, the pioneering pilot...
Rybolovlev loses latest round in art case
AS Monaco majority owner Dmitry Rybolovlev has suffered a new setback in his ongoing court battles with art dealer Yves Bouvier. Singapore’s highest court ruled on April 18 to stay an ongoing court...
Monaco’s state budget surplus grows as revenues boom
There has been a continuation of growth in the Principality’s budget surplus, thanks to a marked increase in revenues and lower growth in expenditures, including ordinary expenses, Jean Castellini,...
Symposium studies potential of Blue Carbon
An international multidisciplinary symposium on the role of the oceans in CO2 mitigation has been held as part of Monaco Ocean Week, with the support of the Prince Albert II Foundation and Solas...
Scorpio Bulkers sells two bulk carriers
Scorpio Bulkers Inc, which has its principal executive office in Monaco, announced on Tuesday, April 18, that it has entered into agreements with unaffiliated third parties to sell the SBI Charleston...
