We remember. That was in 1974. Richard Nixon had to resign as President of the United States. It was then proven that his party, with his support, had spied on his competitor, the Democratic candidate, in 1972 during the presidential campaign that had led him to the White House. The site of these misdeeds was a building located in Washington, the Watergate Office Building, hence the name, taken up by the media and today by the history of the scandal. Nearly twenty years later, President Clinton was accused of having had a sexual relationship with one of his aides, Monica ...

Continue reading

INSEE has given its first estimate of inflation for the month of February. Over one year, prices increased by 0.8% and by 0.9% in harmonized European data. We have to go back to 2019 to find such a low level. The continued rise in the prices of services (+2.1%) was offset by the stability of the prices of food products (except fresh products with +1.8%), manufactured products and the fall in energy prices (-5.7%). The industrial and agricultural sectors seem to have priced in the consequences on their production costs of supply chain disruptions caused ...

Continue reading

The International Energy Agency has just published its report on the consumption and production of electricity in the world. Growth was 4.2% and an average growth of 4% is forecast for the years 2025 to 2027. In three years, world production will increase by 3500 TWh. To assess the extent of this increase, it is sufficient to recall that France's annual production in recent years has averaged about 500 TWh per year. This growth is higher than the growth of the world economy, despite the efforts made in many countries to moderate their energy consumption. The world has ...

Continue reading