More specifically, offshoring.

Un roi sans divertissement est un homme plein de misères

Heheh.  I had the same confusion.  TVA to me means "Tennessee Valley Authority," which clearly wasn't right...

Acronyms don't often transfer well.  Once when I was wearing a t-shirt with the Washington DC baseball team's "DC" logo on it, a Chilean friend wanted to know why I was endorsing the Christian Democrats....

To translate them here's a trick:

http://fr.wikipedia.org/wiki/TVA

Then click or move or your mouse on the "english" on the left column.

That's what I do (in reverse) for english acronyms I don't understand :)