The dollar has experienced a spectacular increase these last months against all the major currencies in the world. For a year, it has appreciated itself by 15.2% against the euro and by 17.6% against the sterling, an increase which slowed these last days after the turnaround of the British government which has abandoned its general taxes cut policy after having announced it some weeks before. The fall of the yen is spectacular: -23.3% when the Chinese currency, the Yuan has better resisted; the cause of the dollar appreciation is well identified, but the spreads between currencies would ...

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As if the pandemic of the Covid-19 and the economic and financial consequences of the invasion of Ukraine by Russia were not enough, here is France confronted to a new hard time, the petrol scarcity which has provoked the closure of 30% of the filling stations. That risks to paralyze the activity and to generate a deep unsatisfaction among the population. In several regions, as in the North and in Ile-de-France, motorists in never ending queues wait in front of the last stations remained open. This situation results from several factors.

The first one is the decision of the Total ...

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The economic and financial consequences of the Covid-19 pandemic and of the Ukraine invasion by Russia, which are adding to themselves and during more than forecasted in the Western countries are so heavy that it is not anymore excessive to talk about a global crisis. China has not been saved due to its very strict policy and to the breakout of supply chains built during the last decades and which were at the origin of the globalization. At the eve of the 20th Congress of the Communist Party which will decide, in all probability, to give a third five-years mandate ...

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