The very heavy rains which recently happened in the South-East of France have been interpreted, as in every meteorological event, as being the consequence of climate warming. That has contributed to an increased mobilization in favor of environment. They have also been at the origin of power cuts which have, in some cases, last several days, heavily affecting the daily life of habitants. Two lessons can be got from these events.

There is first the night and day commitment of the teams, who are in charge of putting back in activity networks and taking care of their good working. It ...

Continue reading

China is at the front of the daily scene for months. Its economy is slowing, the trade negotiations feature with Washington is taking financial markets under tension, the political crisis in Hong Kong is generating lively critics from Western countries. But the place the country is now occupying on the international scene is just the consequence of its growing weight on the world economy.

The Hong Kong crisis is the result of the awkwardness of local authorities and of Beijing refusal to deplore them. The last Sunday elections represent a major disapproval for these authorities but they won’t have ...

Continue reading

The 10-years French Bond was on November 14^th at -0.02%. During the whole summer, it had fluctuated between -0.30% and -0.05%. Since the beginning of November, it is oscillating around 0%. The State is taking a double profit of this situation: it freely indebts itself and it reimburses its debts more easily. Until summer, most of economists were expecting an interest rates rebound. That eventuality was put forward by public leaders to worry and make unpopular measures being accepted. The 10-years rate forecasted for the end of 2019 which was inscribed in the finance law published ...

Continue reading