The French voters, when they went to vote, have given their votes with never before observed proportions to extremist political groups. During the presidential election, the candidate of the Rassemblement National, the new name of the former Front National, was qualified for the second round in reaching the second place, just above the far-left candidate. She then got more than 40% of the votes. During the election for the National Assembly, with a very high level of abstentions, the two extremist formations, the France Unbowed with 79 elected and the Rassemblement National with 89 elected, have got a never observed ...

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These last three years, France, as the other developed countries, has been confronted with three major shocks, the corona virus pandemic, the invasion of Ukraine by Russia which has provoked a strong fossil fuels prices increase and the disorganization of the supply chains especially from China, a direct consequence of the sanitary crisis. To remedy to it, the State has adopted costly support measures which have increased an already high budget deficit. These different shocks have revived inflation, a phenomenon which had practically disappeared for near forty years at a time when public indebtedness knew an important augmentation.

That simultaneous ...

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Two major issues are at the heart of the political debate in France: purchasing power and pensions. The economic and political tensions for two years have generated a sharp increase of the fossil fuels prices, sending us forty years back at the time of the two oil shocks. The sanitary crisis has perturbated industrial products and spare pieces supply chains and the situation has been made worse with its rebound in China, which, there too, has generated pressures on prices. The invasion of Ukraine by Russia has, at last, created major uncertainties  regarding the supply of cereals, which will weight ...

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