With 484 million euros in their pockets, the initiators of the empty Pegasus Europe exchange shell went looking for a fintech company two years ago – now they are giving up. The largest Spac (Special Purpose Acquisition Company) wants to return its investors their money, according to the invitation to the annual general meeting on May 2nd. You might expect just under the paid-in ten euros per share. Because the initiators around the French billionaire Bernard Arnault (LVMH) and the former UniCredit boss Jean-Pierre Mustier had to admit that they had not found a takeover object that they might have brought to the stock exchange.
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Fabiola Yáñez celebrated the first birthday of Francisco Fernández
written by Alexandra Hartman Editor-in-Chief
The First Lady of Argentina, Fabiola Yanezlate on Tuesday, April 11, honored Francisthe son she had with Alberto Fernández, who turned one year old Before, the President had written a sense message on the occasion of the celebration of the first birthday of his youngest son.
Fabiola Yáñez, partner of the President of the Nation, used her Instagram account to share some unpublished photos of his son in the Quinta de Olivos. In the images you can see the little one throughout this last year in family privacy.
“The happiest day of my life. Happy 1st year Francis,” the journalist managed to write on her Instagram account along with images of the child’s first days of life.
Francisco, the son of Alberto Fernández and Fabiola Yáñez, celebrates his first year: the tender photo in networks
On the other hand, the surprise came when Fabiola Yáñez shared a second compilation showing unpublished images of Francisco Fernández throughout this year at Quinta de Olivos, the current family residence. “Happy Birthday my life. I love you, “she decorated.
The truth is that Francisco Fernández’s birthday did not generate much media attention. The celebration of the first birthday of the president’s son was an important event for the presidential family and aroused great interest in Argentine society.
Alberto Fernández greeted his son Francisco
The President celebrated the first anniversary of his youngest son, Francisco, the result of his relationship with Fabiola Yáñez.
The President dedicated a tender post to the little one, who is already taking his first steps. “Today my dear Francisco celebrates his first year of life. He is already taking his first steps. I see him grow. Thank you for so much happiness”said Fernández, and uploaded a photo from behind and walking with her baby.
JCCL
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Repechage: the CH can no longer improve its fate with the help of the Panthers
written by Alexandra Hartman Editor-in-Chief
Since the Florida Panthers formalized their participation in the playoffs on Tuesday, the Montreal Canadiens will have to settle for a first-round pick outside the top 16 in the next draft.
• Read also: The Panthers qualified, the fate of the Penguins in the hands of the CH
The Habs obviously created their own opportunity to win the lottery by virtue of their 28th place overall, as of Wednesday. This position gives them an 8.5% chance of speaking first, and 8.8% second.
For the record, the Canadian recovered the Panthers’ first-round selection in the trade that led defender Ben Chiarot to Florida. General manager Bill Zito’s roster took a huge risk, as it didn’t look like it was heading to the playoffs at all a month ago.
The team has won six of its last seven meetings and it is thanks to the losses of the Pittsburgh Penguins and the Buffalo Sabers on Tuesday that it won its ticket to the spring ball.
Also note that if the Panthers had finished 16th in the standings, they would have had only a 1% chance of improving their lot by drafting sixth or seventh. Only clubs that have finished the season among the last 11 can think of first place.
“There are farms that will close”: half of Quebec farmers caught by the throat by inflation
written by Alexandra Hartman Editor-in-Chief
Not only are half of the producers being taken by the throat by inflation, but more than 30% of them are no longer even able to generate enough income to cover their expenses at the moment, warns the Union of Agricultural Producers. (UPA).
“It’s definitely going to hurt. There are farms that are going to close. We might lose producers due to the lack of new workers, labor and inflation,” worries Vincent Anger-Deslauriers, co-owner of Ferme Régrain, in Beloeil, in the county of La Vallée-du- Richelieu.
“We can’t come anymore. Our revenues have increased by regarding 8%, while inputs have jumped by 20%,” adds the fourth-generation dairy producer from Montérégie.
At the UPA, it is estimated that one in ten farms might be wiped off the map within a year if the perfect inflationary storm continues.
Negative balance
According to a recent survey by the Union of Agricultural Producers (UPA), carried out among 3,675 members, we learn that two out of ten agricultural businesses say they are in “bad” or “very bad” financial health and nearly half fear deterioration over the year.
“We are followed by a management group to keep the boat afloat. We’re getting there, but we’re going year by year, month by month. We no longer have the right to madness”, shares in the Journal Vincent Anger-Deslauriers, a 30-year-old producer.
In Quebec as a whole, nearly 30% of producers expect to have a negative balance due to interest rate hikes and 40% even go so far as to fear payment default.
Clouds on the horizon
In a press release, Wednesday morning, the general president of the UPA, Martin Caron, recalled that the explosion in the cost of inputs (+27.9%) was almost three times greater than inflation (+11, 8%), between January 2020 and September 2022.
“The horizon is darkening for a growing number of farms, especially start-ups. It is not too late, but there is urgency to act”, he declared.
➤ More than 60% of farmers plan to “reduce or postpone their investments”, which risks having serious repercussions on the Quebec agri-food sector.
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