EcoRéseau Business – Quickly understood on June 8th

Estimated reading time: 2 minutes

Apple launches a “buy now – pay later” service • In addition to the new features in iOS 16, Apple announced on Monday, June 6, its entry into the market for payment solutions in installments. The service Apple Pay Later will give Apple Pay users a way to spread a payment over six weeks with no fees or interest. A new diversification for the American juggernaut, which is embarking on a sector that is already well utilized by other companies such as PayPal or Affirm, an Amazon partner. The US firm Grand View Research has estimated that the buy-now-pay-later market is worth $ 5 billion by 2021 and will reach $ 40 billion by 2030.

The Minister of Agriculture comes to the aid of producers affected by bad weather • In the wake of a catastrophic hailstorm episode on Sunday, June 5, Agriculture Minister Marc Fesneau on Monday announced measures to help farmers. On a visit to the eastern part of Bordeaux, the minister promises that “we will very quickly activate the units we know, such as reduction of social security contributions, the tax exemption on undeveloped land. On the prevention side, the minister assured that he worked” on systems that do so possible to reduce the effects of stormy phenomena in the light of climate change, which produces more regular and powerful events “.

EUR 25 billion invested in solidarity savings in 202125 billion euros invested in solidarity savings in 2021 • 5.1 billion euros more. Solidarity savings have reached a new record according to a survey conducted by the newspaper The cross and the FAIR Association. Privileged investment: employee savings with 14.1 billion euros in assets. This growth is explained by “bullish stock markets”, according to the president of FAIR, but not only: he also cites the Pacte Act, which obliges life insurance contracts to include at least one solidarity unit of account. The funds raised contribute to the financing of projects such as social reintegration or sustainable development. In 2021, 1,350 projects were supported for almost 700 million euros.

Auction of a first edition of Harry Potter and the Philosopher’s Stone at Christie’s • The auction house Christie’s is selling a first printed copy of the 1997 book Harry Potter at the Wise Stones. Among the errors of this first printing is the word “to philosophise” is misspelled on the back, and the expression “a baguette” repeated on page 53. A total of 500 copies were printed, but only 200 ended in sale. In December 2021 in Texas, another copy of the same print was sold for about 420,000 euros. This time the bidding starts at just over 230,000 euros. These are expensive things …

Victor Pailhac, one of the youngest legislative candidates • He is twenty years old and will already be a Member of Parliament. Victor Pailhac introduces himself in 9e Yveline’s constituency as a candidate for Nupes (New popular ecological and social union). A third-year philosophy student at the Sorbonne and spokesman for young people for the Ecological Revolution party, the young man said he was interested “as much in the purchasing power of the inhabitants of working-class neighborhoods as in the problems of rural areas with a bankrupt agricultural system.” youngest Member of Parliament … Marion Maréchal, elected at 22 years, 6 months and 7 days!

FR-Alert, a new system in case of danger • Finally ! France is equipping itself with an alert system for the entire population. The FR-Alert unit is in experiments before its national implementation shortly. The Ministry of the Interior will now be able to send you a warning if a major incident occurs around you. FR-Alert combines two technologies: cell broadcasting, which sends a lighter message than an SMS via 4G and geolocated SMS for phones that do not have Internet access. Mandatory in the European Union by 21 June, the message will have sound and vibration, even in silent mode.

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