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We at NOVARIC® INT, believe that through technology people are empowered to respond quickly and intuitively
to changing market dynamics. By assessing their ability to harness the right technology, we guide them to become more competitive. 

Nowadays, NOVARIC® has a presence in five countries and three continents.

NOVARIC® offices are in Malta, Albania, India, Brazil, Germany, Colombia, France.


 

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COVID-19 Update:
Cases: 3,990,331.
Deaths: 8​​​​​​​9,830.​​​​​​​
Recovered: 270,433.

For this week, there is an increase of 154,736 confirmed COVID-19 cases in France. According to deaths, there is an increase of 1,969 confirmed cases in France in one week. There is a total of 4,337,343. people vaccinated with the first dose in France.

Economy:

One year after the start of the crisis, the economy is recovering, and recovery is still a long way off. With a growth forecast of 1% for the first quarter, the level of activity in the country would still be down by 4% compared to the pre-Covid-19 situation, according to the INSEE forecasts made public on Thursday 11 March.

At the end of June, after a second-quarter in which the gross domestic product (GDP) increased by 1%, it would have regained a little more ground, falling by 3% compared to the pre-crisis situation. The growth rate obtained at the end of the year if growth is zero over the rest of the year would then be 5.5% according to INSEE. This is identical to the rate expected for world growth, i.e., +5.6% in 2021 according to the Organization for Economic Co-operation and Development.

This correlation can be clearly seen in the relative health of the various sectors of the economy. While the industry has almost returned to a normal level of activity, this is not the case for a large part of the services sector due to the restrictive measures: 6 pm restriction, closure of bars and restaurants, localized confinements, etc. With a situation that has deteriorated further since the summer of 2020, it is these services that are expected to weigh on salaried employment in the first half of 2021.

Employment:

During the pandemic and the imposed use of telework, employers and employees discovered that many functions could be performed remotely, in a different way, without affecting their productivity.

The competitive gap between companies that have maintained all or part of their activity remotely with the help of new technologies and those that have not been able to do so will have increased on this occasion. The crisis will have favored the agile, reactive, and technological companies. It will sweep away those who were lagging in these aspects, due to a lack of knowledge and foresight on the part of their managers, or a lack of resources.

With the probable perpetuation of teleworking, at least partially, the movement already observed before the crisis towards a splintering of the work collective will highlight the obsolescence of traditional trade union means of action: distribution of leaflets, physical trade union meetings.

Study grants :

For the winter semester 2020/21, the European Union has extended it’s Erasmus plus program to include virtual and hybrid forms of mobility. What is new is that studies or internships start virtually and, where possible, continue face-to-face. The advantage is that the stay can be shortened, and the exchange virtually completed in case of new restrictions due to the coronavirus. Interruptions between the virtual and physical mobility phases are also possible. Anyone taking online courses or doing a telework placement abroad has Erasmus student status and thus benefits from a free language course, for example. But only students who go abroad receive a mobility allowance to cover their living expenses.

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