Archives June 2019

Threat is almost always a bad advisor. The artificial putting together between the heat wave which is hurting France and climate change is exploited by lobbies to promote green radical solutions as « carbon neutrality », a concept whose definition is fuzzy and depends from the one who is putting it forward, or even the “de-carbonization” of the society. The adoration for innovation is called to help to save the planet and the electric, autonomous and connected car is proposed as a credible solution. These debates are not new and we just have to read again Jules Verne, the science-fiction father, to ...

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The next G 20 Summit which will be held in Osaka at the end of this month will retain attention more from the expected encounter between Donald Trump and Xi Jinping than from the meetings organized between the leaders of the major world economies. This institution, created at the middle of the Twenties had as a purpose to manage the international economic issues through a multilateral approach over passing the G7 framework, which was limited to the wealthiest countries, through its extension to emerging countries. This time, it is really a bilateral approach which will prevail, even if everything will ...

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The Agence France Tresor has issued on Thursday June 6^th ten years bonds for an amount of 4 billion euro, increased to 5 billion with the non-competitive bids after auction and carrying a 0.14% interest rate, including emission premium during the whole duration of the bonds. If we exclude a very short period in the middle of 2016 but, at that time inflation was near zero, France never got financial resources in such good conditions. The ten years market rate, the day after, even fell until 0.11%. During May, it was never superior to 0.35%. Since ...

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