Archives Jan. 1, 2020

Jack Welch, who has been General Electric Chairman and CEO during twenty years, from 1981 to 2001, has passed away yesterday, March 2^nd. He was 84 years old. He had transformed the company to make it the highest Wall Street market capitalization, reaching 400 billion dollars when he retired, and especially, both regarding large company management and strategic issues he acquired at the dawn of globalization and he remains a benchmark. He was also a friend of France. The company current difficulties, whose value fell and which has been excluded from the Dow Jones where it was included since ...

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As every year at the same time, France National Audit Office has published its report on the management of public finances during the previous year. Its criticisms are harsh about the functioning of some public services or establishments and its conclusions are alarmist on the evolution of the State deficit and its indebtedness. But if the analysis which have the qualities of a detailed audit of an identified case as the one regarding Polytechnic School for instance are indispensable and convincing because they attract attention on the failures and carry elements allowing the State to remedy to them, the macroeconomic ...

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 We have lost count of the declarations assorted with very long term objectives, in the horizon…So, the European Union is forecasting, in the horizon 2050 to have a carbon neutral economy, objective which has been supported by France. The United Kingdom, in the horizon 2040, will forbid the sale of fossil fuel vehicles. France had decided to cap the share of the nuclear power production at 50% in 2025. Confronted with the lack of realism of that proposal, the government has postponed this commitment in the horizon 2030, which is still quite unrealistic due to intermittent character of renewable ...

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