France Beats Lithuania In Eurobasket 2013 Title Game
“It’s been an unbelievable journey chasing this title,” Parker said. “I would change nothing.” The San Antonio Spurs guard led France to the under-18 world championship title in 2000, and said he made a promise back then that he would give the senior team its first international success as well. Thirteen years later, it’s mission accomplished. “I went to everyone’s room last night in the hotel and I told them that there was no way we were going to lose this game,” Parker said. France broke open a close game by finishing the third quarter with a 14-0 run that kept Lithuania scoreless for four minutes. The French lead grew to 22 points with three minutes remaining in the third and Lithuania never came close to a comeback. Batum had 17 points and Diaw added 15, while Linas Kleiza led Lithuania with 20. Parker finished with 12 points, after scoring just four through the first three quarters. But his scoring and leadership during the run to the final including 32 points against defending champion Spain in the semifinals earned him the tournament MVP award. “We had a perfect plan, the coach said they would double-team me and that I had to trust my teammates and not to worry if I don’t score much,” Parker said. After finally capturing that elusive gold in France’s record 36th appearance in the tournament Parker led the French team into the stands to celebrate with their fans after the final buzzer.
France investigates Apple contracts with telcos – report
An administrative body known as the DGCCRF, which is tasked with consumer protection and assuring competition, is looking into a variety of clauses in Apple’s contracts with mobile operators, including sales volume requirements, advertising restrictions, and commissions given to sales staff. Operators such as France’s Orange and Vivendi’s SFR have often complained in private about the sway that Apple holds in negotiations since no operator could afford not to have the iPhone in its line-up. The DGCCRF declined to comment on the report. Apple France did not respond to a request for comment. Apple’s French office were also searched in July by antitrust regulators from the Competition Authority, which is investigating the firm’s relationship with its wholesalers. Les Echos newspaper said at the time that the competition watchdog was also looking into the way Apple sells products on its App Store where consumers can buy everything from newspapers to video games. In March, it also emerged that the European Union is looking into potential antitrust violations involving the distribution of Apple iPhones and iPads, after receiving what sources said were informal complaints from telecoms operators. (Reporting by Leila Abboud and Noelle Mennella) @yahoofinance on Twitter, become a fan on Facebook Related Content Chart Your most recently viewed tickers will automatically show up here if you type a ticker in the “Enter symbol/company” at the bottom of this module. You need to enable your browser cookies to view your most recent quotes. Search for share prices Terms Quotes are real-time for NASDAQ, NYSE, and NYSEAmex when available. See also delay times for other exchanges . Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page .
As France looks to turn page on recession with new budget, experts warn of risks to recovery
It was written into the new budget as a 50 percent tax paid by employers on all remuneration above 1 million euros. The delays in reforms have drawn a critical eye from the European Commission, the executive arm of the European Union, and Germany, which led the push for austerity in Europe. While the Commission has softened its stance somewhat notably giving France more time to reduce its deficit the re-election of German Chancellor Angela Merkel this weekend was an endorsement of her tough line. But the new budget is also coming under fire in some quarters for cutting too much since lower spending will hurt growth in the short term, just as the country is emerging from recession and with unemployment at 11 percent. Eric Heyer, an economist with the French Observatory for Economic Forecasts, says the budget is moving in the right direction, but that spending cuts are still not advisable since the economy remains in trouble. He estimates that spending cuts and tax increases both in France and around Europe will shave 1.3 percent off Frances economic growth next year. Still, the observatorys forecast is among the most positive at a 1.3 percent increase in GDP. The consensus is somewhere just below 1 percent; the French government built its budget around a 0.9 percent estimate. Heyer cautions that a return to growth doesnt mean France is rebounding. We cant talk about a recovery as long as economic growth is around 1 percent, he said. Since today, we produce less than five years ago, we are still in recession.