Archives November 2019

China is at the front of the daily scene for months. Its economy is slowing, the trade negotiations feature with Washington is taking financial markets under tension, the political crisis in Hong Kong is generating lively critics from Western countries. But the place the country is now occupying on the international scene is just the consequence of its growing weight on the world economy.

The Hong Kong crisis is the result of the awkwardness of local authorities and of Beijing refusal to deplore them. The last Sunday elections represent a major disapproval for these authorities but they won’t have ...

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The 10-years French Bond was on November 14^th at -0.02%. During the whole summer, it had fluctuated between -0.30% and -0.05%. Since the beginning of November, it is oscillating around 0%. The State is taking a double profit of this situation: it freely indebts itself and it reimburses its debts more easily. Until summer, most of economists were expecting an interest rates rebound. That eventuality was put forward by public leaders to worry and make unpopular measures being accepted. The 10-years rate forecasted for the end of 2019 which was inscribed in the finance law published ...

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In a few days will be celebrated the 30th anniversary of the Berlin Wall fall, on November 9th. The East-German regime was already weakened by the weekly demonstrations in Leipzig. During summer, Austria had opened its border to allow those who wanted to migrate to West Germany to go there. The spectacle of the prosperity of their neighbors they see at the TV every evening was revealing, more than any political speech, the communism failure. The fall of this symbol which was cutting in two parts the historic German capital was unavoidable as the reunification which followed it. Nevertheless, it ...

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