In the past, oil crisis were associated with a sharp increase of the barrel price, as at the beginning of the Seventies or in 1979, which had generated an inflationist wave, followed by a restrictive action by the central banks. Through a sharp augmentation of their interest rates, they had caused recessions. These last days, it is the fall of the barrel value, between 30 and 40%, which generates a deep worry. Financial markets, already affected by the corona virus epidemic, have plummeted and the trend was amplified by the American president declarations. Oil company shares or industrial equipments for ...

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Jack Welch, who has been General Electric Chairman and CEO during twenty years, from 1981 to 2001, has passed away yesterday, March 2^nd. He was 84 years old. He had transformed the company to make it the highest Wall Street market capitalization, reaching 400 billion dollars when he retired, and especially, both regarding large company management and strategic issues he acquired at the dawn of globalization and he remains a benchmark. He was also a friend of France. The company current difficulties, whose value fell and which has been excluded from the Dow Jones where it was included since ...

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As every year at the same time, France National Audit Office has published its report on the management of public finances during the previous year. Its criticisms are harsh about the functioning of some public services or establishments and its conclusions are alarmist on the evolution of the State deficit and its indebtedness. But if the analysis which have the qualities of a detailed audit of an identified case as the one regarding Polytechnic School for instance are indispensable and convincing because they attract attention on the failures and carry elements allowing the State to remedy to them, the macroeconomic ...

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