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 ...

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In a few days will be celebrated the 30th anniversary of the Berlin Wall fall, on November 9th. The East-German regime was already weakened by the weekly demonstrations in Leipzig. During summer, Austria had opened its border to allow those who wanted to migrate to West Germany to go there. The spectacle of the prosperity of their neighbors they see at the TV every evening was revealing, more than any political speech, the communism failure. The fall of this symbol which was cutting in two parts the historic German capital was unavoidable as the reunification which followed it. Nevertheless, it ...

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The publications of a little reduction of the number of jobseekers during the 3rd quarter, from 3.49 million to 3.36 million and of the 1^st growth estimation during the same period of time, i.e. 0.3%, as during the last two previous ones, have not surprised but have been accompanied with rather accommodating comments. These figures are consistent with the stagnation of both household consumption and industrial production in September.  Enterprises are still investing in taking advantage of very low interest rates but it is still to be proved that they are productive investments and not ...

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