The European Union is in bad way. It is not the first time. We remember the crisis which had affected the European Monetary System with the several readjustments and the return journey of the Sterling. But that had not impeached the creation of the euro and the successful conversion of the national currencies into the single one. We have not anymore forgotten the consequences of the sub-prime crisis, of the excessive Greek indebtedness and of the weakness of the Irish financial system. Even the Brexit with all its complications on the trade exchanges and on the role of London as ...

Continue reading

The contradiction between the message in favor of the greenhouse gas emissions reduction which would go through the diminution of the use of fossil energies and the exceptional prosperity of their producers never has been so strong as in the start of this 2024 year; that situation makes us to think to the declarations of the Engie group executives which has born from the merger between Suez and Gaz de France. They have announced that the company would go out from fossil energies. But it had kept its name. Yet ENGIE, for an English-speaking native is nothing else than the ...

Continue reading

At the eve of the publication of its 4^th quarter growth figures, France is confronted with a new major social crisis with the protests of the farmers against their professional life difficulties, the fall of their life level and the many constraints provoked by the State decisions. The reduction of the tax advantages on their fuels which are necessary to the working of their agricultural machines has started a large movement with the jamming of the road infrastructures, especially in the Paris region. In five years, it is the third crisis initiated by measures which show a lack of ...

Continue reading