Since the beginning of August, the French State 10 Years-Bonds rate has fluctuated between -0.14% and -0.20%. We must come back to 2020 autumn at the top of the second wave of the Covid-19 pandemic to find so low interest rates. The trend is general in the euro zone and the spread between the countries said “virtuous” and the southern countries has not stopped to narrowing. Between France and Germany, it little oscillates around 35 basis points when the difference between their public indebtedness ratios is huge, with 75% of the GDP for Germany and near 120% in ...

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Soccer is frequently used as a metaphor to illustrate the major points of the world economy. We remember the comments which have accompanied Germany victories against France during the Word Cups in the Eighties. England defeat, on its territory, at Wembley, against Italy during the last Euro final, has not missed to be accompanied with considerations which have not a lot to do with sport. The Squadra Azzura victory was reflecting the European Union superiority against the United Kingdom which had just left it after the adoption of the Brexit.

This coming back into favor of the Peninsula is all ...

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The publication of the Chinese growth numbers of the 2nd quarter confirms the strength of the economic rebound of the country, even if the comparisons are difficult to interpret. The Covid-19 pandemic hurt it as soon as in 2020 1st quarter and the fall of the economic activity has been extremely brutal before progressively rebounding and allowing China being the only one among major world economies to be able to show off a 2.3% growth in 2020. During 2021 1st quarter and 2nd quarter, GDP increased by 18.3% and 7.9% year-on-year. So this slowing is only apparent ...

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