La publication des chiffres du commerce extérieur (déficit en hausse) et de la production industrielle (en baisse), venant après l’annonce de la stagnation du PIB au deuxième trimestre, clôt la série des mauvaises nouvelles pour l’économie française. La question n’est donc plus de savoir si « elle va mieux », mais pourquoi elle va mal. En cinq ans, la croissance n’aura jamais dépassé 2%. C’est sans précédent depuis la deuxième guerre mondiale. C’est aussi sans équivalent pour un pays développé qui connait un dynamisme ...

Continue reading

European Commission has just announced the launch of a detailed inquiry regarding Areva restructuration. That’s all if needed. If there is one achievement France can be rightly proud about, along with high-speed trains and communication networks, it is its nuclear power production. It allowed us, since we don’t have any oil, natural gas or coal, to improve our trade balance, without emitting CO2 and providing consumers with unbeatable prices. Our German and Italian neighbors are paying for it between 50 and 80% more. So, for the last four years, this activity is undergoing constant political attacks. Areva which ...

Continue reading

Two weeks after its referendum on Brexit, the United Kingdom is confronted to a political crisis especially serious since it was completely unexpected. Referendum result was uncertain and polls have fluctuated all along the campaign. As it occurs frequently, they were wrong. The last days, they gave the “Remain” option as a winner, maybe due to the emotion generated by the assassination of the Labor M.P. Jo Cox. Bookmakers and investors shared on the same opinion. European stocks markets fall reflected the brutal reversal of speculative positions from those who had lost their bets. But, worst had yet to ...

Continue reading