More than 200 Aussies and friends from other nationalities gathered at Zest in the port yesterday to celebrate Australia Day. They enjoyed many litres of amber fluid, a delicious Barbie and entertainment galore for young and old.  It proved once again that Aussies know how to throw a Mega-Party!

PHOTO: Belinda & Nick Gates, who organised the event, with a friend. Tanya Nalbantis

Today is a public holiday in Monaco for the celebration of Saint Devote, the Principality’s patron saint. As is traditional, yesterday evening a boat was burned in front of the Chapel above Port Hercule named after the saint to celebrate the arrival of the saint’s remains. A salvo from the Prince’s guard was followed by a service in the chapel itself. Princess Caroline and her daughter Alexandra helped Prince Albert and Princess Charlene during the celebrations and the setting fire of the boat...

PHOTO: Prince's Palace

After spending several weeks in Kenya at a high-altitude training camp, marathon world record-holder, and Monaco resident, Paula Radcliffe will put her fitness to the test on April 15 when she lines up for the Vienna City Half-Marathon, athleticsweekly.com reports. “I am still working out a schedule for her but this is the only definite competition she has so far, although there will be others before the London Olympics,” Gary Lough, her husband and manager, said...

PHOTO: Paula Radcliffe winning the Monaco 10k

Local daily Monaco Matin expands today on the news that the Monaco Government has major plans to get its message across via the Internet. In today’s edition the newspaper says that in addition to opening a Twitter account, the Government will broadcast a chain of videos on-line...

American equity guru Henry Kravis was in Monaco yesterday as a guest of the Monaco Venture Capital Association, meeting Prince Albert and later addressing a very well-attended evening event. Mr Kravis said that the area of biggest concern to the financial sector was Europe’s failure so far to deal with the sovereign debt crisis. Mr Kravis said that it would now fall on private equity companies to step in where banks are reluctant to provide finance to commercial entities...

PHOTO: Zsolt Lavotha of the MVCA (left) and Henry Kravis