The opening of the Paris Air Show gives the opportunity to constate and to celebrate, at a time when we don’t stop to talk about de-industrialization and France industrial decline, the exceptional success of the French companies in these activities. To identify the reasons which have leaded to these successes is indispensable to bring the appropriate remedies to the sectors, which, them, are today in a difficult situation. Figures are speaking volumes. The Airbus stock market value has overpassed 100 billion euro and Safran, which produces the aircraft engines, 60 billion. The two companies have become the world leaders ...

Continue reading

It was thought that the inflation issue was definitely over. During almost ten years, until the Covid-19 crisis, price increase in the developed countries had been very low, sometimes even negative to the point that central banks, with in the first position the European Central Bank, had re-interpreted their mandates: instead of acting to make inflation going down at a level inferior but near 2%, the ECB had reduced its rates and launched a massive public bonds purchase plan to make inflation rebounding to a level near but inferior to 2%. Everything has changed first with the sanitary crisis and ...

Continue reading

The publication of the last statistics about the German economy allows to questioning us on the capacity of the country to overcome its current difficulties and to keep in Europe its leader position given by its size and its situation as a model which have been granted to it by its past remarkable results both regarding its exceptional foreign trade thanks to its industry and its public finance and inflation mastery. Germany came into recession. according to the definition based on a diminution of its GDP during two consecutive quarters. These ones have regressed by 0.5% during 2022 4 ...

Continue reading