Archives Jan. 1, 2026

On the eve of the publication of the first estimate of French growth in the 3rd quarter, which is not expected to bring any good surprises, the political class would do well to remember the thought of the German philosopher Holderlin: "Where danger grows, grows what saves". France is facing a triple crisis: social, economic and financial. Many people denounce this situation and blame it on the head of state, while continuing to defend the principles that inspired his economic policy, summed up by the concept of "supply-side policy". Reflection on the remedies to be provided has therefore not progressed ...

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China's National Bureau of Statistics has published the results of the economy for the 3rd quarter. Year-on-year, growth was 4.5% and, compared to the previous quarter, 1.2%. The official target for the year is in the range between 4.5 and 5% and is likely to be achieved. These figures may seem low compared to past performance, especially before the Covid-19 epidemic, but the size of the Chinese economy is much larger and the increase in absolute value of activity remains very significant.

China is therefore holding up well despite a very unfavourable international environment with rising ...

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The Paris Motor Show, the discussions between France and Germany on the relaxation of European rules on engines and negotiations in Brussels with China on the restriction of its exports place this essential sector of industry at the centre of the news. They illustrate the extent of the crisis that is hitting it, even though it was for a long time one of the strong points of the European economy, both in terms of jobs and exports.

Since the beginning of the year, the fall in manufacturers' share prices has been spectacular: Stellantis (-56%), Renault (-17%) but its share price ...

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