#England: Labour to raise taxes, rewards public sectors and builds public housing, @RealConstable @BatchelorShow Occitanie.

By SIMON CONSTABLE 

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Falkland Islands 1928 General Archive of the Nation , 

Public domain, via Wikimedia Commons

FRANCE: Heatwave, cooling stations in Paris, pollution in the Seine and sunflowers, @RealConstable @BatchelorShow Occitanie.

 By SIMON CONSTABLE

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NYT: Olympic Men’s Triathlon Postponed Because of Pollution in the Seine

Water-quality tests early Tuesday showed that the river running through Paris was unsafe for swimming, organizers said. 

Olympics organizers postponed the men’s individual triathlon race that had been scheduled for Tuesday morning, saying water-quality tests had shown that the Seine, the river that traverses Paris, was unsafe to swim in. Read more here.

Benno Rothenberg /Meitar Collection / National Library of Israel / 

The Pritzker Family National Photography Collection, CC BY 4.0, via Wikimedia Commons

Fox Business: 2024 Olympic Games commence in Paris, but will they make money?

 By SIMON CONSTABLE

FRANCE — The world's finest athletes have arrived in Paris to compete in what will no doubt be a spectacular event. The organizers even made the novel choice of holding the opening ceremony Friday evening via boats along the Seine River rather than a stadium, as has been traditional.

But an important question for everyone in cash-strapped France is whether the Olympic Games will go over budget, leaving epic debts for French taxpayers. It’s not a trivial matter. 

"It’s expensive, and French public finances are not in the best state," says Leo Barincou, a Paris-based senior economist for Oxford Economics. The country’s budget deficit hit 5.5% last year, far beyond the European Union limit of 3%. Read more here.

Paris: Carlos Delgado, CC BY-SA 3.0, via Wikimedia Commons

#MARKETS: Risk management and ages 50–80. Kiplinger's News Letter. @RealConstable @Batchelor Show

By SIMON CONSTABLE

 

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            Wall Street 1914 Irving Underhill , Public domain, via Wikimedia Commons

#FRANCE: The harvest is in, planting sunflowers, crashing Lithium. @RealConstable @BatchelorShow Occitanie

 BY SIMON CONSTABLE

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1974 © European Union, 2024, CC BY 4.0, via Wikimedia Commons

Kiplinger's Retirement Report: Why Your Investments Must Change as You Age — and How to Do It

By SIMON CONSTABLE

Retirement planning has gone from fairly simple a few years ago to mind-bogglingly complex today. That means you must make investment decisions solid enough to provide income for many decades while remaining flexible enough to shift as your circumstances do.

It is a big change. “My grandparents had fixed pensions. They received the same amount of cash each month from the pension fund for the rest of their lives,” says Richard Rosso, director of financial planning at wealth management company RIA Advisors in Houston. The magic of managing the assets to make those payments possible was left to Wall Street. Now “the burden, more than ever, is on the individual,” he says. Read more here.

Udo Keppler , Public domain, via Wikimedia Commons

#SCOTLAND: Net Zero means empty village shops. @RealConstable @BatcehlorShow Dumfries, Scotland

 By SIMON CONSTABLE

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Hospital of Our Lady, Edinburgh. See page for author, CC BY 4.0, via Wikimedia Commons