At a time when French government economic policy is violently questioned, due to the increases on household taxation and the social levies affecting retired people and to the de-indexing of all the social benefits including pensions, financial markets are infirming the forecasts made by the minister of Economy. The benchmark rate for the 10 years bonds the French State issues to refinance its debt when it comes to maturity and to cover its budget deficit is staying, on December 3^rd at a very low level: 0.70%. It has fluctuated in November between 0.70% and 0.82%. This ...

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The deep discontent provoked by past and coming increases of fuels taxation is a further sign of the political leaders incapacity to establish a right diagnostic about the situations they propose to correct, to elaborate the appropriated policies and to make them accepted by their citizens. The increase of the taxes levied on fuels and the convergence at the top between gasoline and diesel has, as an objective, to favor “energy transition”. But this policy, prompted by laudable intentions, is based on a confusion which has been at the origin of many errors.

Climate warming is generated by the accumulation ...

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The publication of the unemployment figures for the 3^rd quarter constitutes a new disappointment. Jobseekers number has reached 3.72 million, a 0.5% increase compared to the previous quarter. However, a 1% fall is noticed on one year but these small variations must not divert attention from the main point. Unemployment stays at a very high level in France with a 9% rate for these who are registered at “Pôle Emploi” as having no activity at all. The rate is much higher if are added all the part-time employees who would wish to find full-time jobs. Even ...

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