Archives Jan. 1, 2026

Attention is now monopolized by the Middle East conflict, by its consequences on the supply of raw materials after the blockage of the Strait of Hormuz and by the succession of statements by the President of the United States on the evolution of the situation. Meanwhile, in Beijing, Chinese leaders met to discuss and then approve the 15th Plan, which will serve as a framework for their action from 2026 to 2030. This provides a clear idea of the direction that the world's second largest economy will take and the evolution of its influence linked to its weight in ...

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The fact that the President of the United States did not consult or at least inform European leaders of the launch of military operations in Iran did not surprise anyone. However, the continent, which imports almost all of its fossil fuels, will be one of the regions of the planet that will bear the heaviest economic consequences. This situation is to be compared to the White House's taking charge of discussions with Moscow with a view to finding a way out of the war in Ukraine and where Europe, although directly concerned, is kept on the sidelines. This can ...

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Agence France Trésor, whose mission is to manage the State's debt, publishes an index, the TEC 10, every day, which reflects the financing conditions of the public debt for the 10-year maturity. The figure of 3.30% is the lowest in several months and testifies, contrary to many comments, to the confidence of the markets in France's ability to manage its debt. By way of comparison, the American and British rates are above 4%. In the euro area, the gap with Germany continues to narrow and has fallen to 57 basis points from more than 70 basis ...

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