Archives Jan. 1, 2018

Innovation generates passions. We cannot count the comments and the books which explain that artificial intelligence will transform our lives, for the best, according to some or for the worst according to others. Electric cars or autonomous vehicles will drive us to rethink about our moving modes. Smart-phones have changed our daily life. Internet is not anymore limited to professional activities and permanently accompanies us and wherever we go. But these passions or this interest are selective. The twin shale oil and gas revolutions have not been forecast by anybody, anyway in France. It is still denied in our country ...

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Donald Trump has announced last week he will sign a decree creating a 25% tax on steel imports and a 10% one on aluminum imports. He hopes, in doing so, that the American production will rebound in these two sectors which he believes they are strategic, regarding the sovereignty of the country. This has triggered several passionate declarations from European leaders and some more cautious ones from China. They threat to replicate with retaliatory measures. According to his habits, the American president has passed a new step in the verbal escalation in mentioning the prospect of a trade war he ...

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For more than forty years, developed countries economies went through a kind of permanent crisis, with some rare periods of remission, the last one having just finished with the brutal bumps which have affected financial markets at the beginning of February. Nothing more was needed by financial institutions and economists which have been silent just before the subprime crisis, to send alarmist messages. Worries had been generated by an interpretation, which will be proved wrong, of the intentions of a central bank after the publication of an economic indicator. That case shows the new position these institutions have taken. Their ...

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