Regulated electricity tariffs have increased by 0.5% on August 1st after a 1.6% rise on February 1st. In two years, the French people annual bill increased by 5%. We could legitimately be worried about that. But it would forget that, as an average, in Europe, the rise has been much superior, when prices paid by household were already much higher than in France. In 2019, the cost by consumption unit in Germany, for instance was superior by 68%. Natural gas regulated tariffs, them, have increased by 8.7% September 1st, after rises by 5.3% and 9.9 ...

Continue reading

The publication of an upward revision of the French GDP during 2021 2nd quarter, from 0.9% to 1.1%, the confirmation of the 2021 growth forecasts between 5 and 6% as the coming back to the pre-Covid-19 crisis level of the jobseekers having no activity level has been welcomed with satisfaction and has been accompanied with definitely optimistic comments. It has been the same with the polls results about an improvement of business climate in several activities. But it is excessive because these data are based on figures largely influenced by “basic effects”. When you measure an evolution against ...

Continue reading

The Joe Biden victory has been welcomed with relief by the international community: it was the certainty of an appeasement of the geopolitical tensions with the comeback of the presence of the U.S. in the major multilateral discussions. Several signals have been very quickly sent with notably the return in the Paris Agreement related to the fight against climate warming from which Donald Trump had left its country. But the issue of the relations with China still remains sensitive. The tone has changed with the abandon of the provocations but the analysis remains the same: China is a strategic ...

Continue reading