Archives Jan. 1, 2019

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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The announcement, the day after European elections of one thousand redundancies at Belfort site has generated indignation and acerb critics to the government. When the acquisition by General Electric of Alstom power businesses was approved by the State in 2015, it had been decided, on the opposite, jobs creations of about one thousand. Unable to fulfill this commitment, the American group was asked for a 50 million euro penalty by the State. But these announced jobs reductions are not concerning the activities acquired four years ago. They result from the major strategic mistakes made 25 years ago by Alsthom, whose ...

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