The publication of the first estimation of the 3rd quarter Chinese growth rate (6.5%) confirms that the financial markets worries as these of commentators were excessive. Of course, the published numbers are slightly inferior to expectations (6.6%) but this gap is trivial and the referred disappointment is absurd. Regarding the three first 2018 quarters, China has reached a 6.7% rhythm, above the government objectives and, anyway, an impressive one, if we take into account the size of the Chinese economy and if we compare it to other major economies. The Middle empire stays as one of the ...

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The impressive score of Jair Bolsonaro in the first round of Brazilian presidential election has aroused attention on the country from all around the world. The populist authoritarianism with its racist and homophobic whiffs and the liberalism which inspires the economic program of the candidate show that this one is full of contradictions. Commentators have noticed some similarities with Donald Trump election. They even have made a comparison with the divisions and the crisis which is affecting Europe. Yet, that analysis is superficial. Brazil political and economic situation is quite different. If we set aside some short periods of time ...

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The latest estimation of the American growth rate during the second 2018 quarter has just been published: 4.2%. It is an annualized rate. In Europe we use quarterly rates which give the illusion that our numbers are much lower than they are in reality. In using the same method, the American quarterly rate is closed to 1%. Compared to French 0.2% rate for the first 2018 two quarters, the achievement is enviable. During the last twelve months, American growth is close to 3%, which is twice higher than in the eurozone and nothing allows us to think that ...

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