On the eve of the presentation to the Council of Ministers of the government's draft budget for 2027, which will give rise to intense debates in Parliament, INSEE has published the figures relating to France's public debt in the 2nd half of the year, i.e. 3,595 billion euros and 119% of GDP, The net debt is slightly lower (3,366 billion) but up over one year by 191 billion.

On the same day, the interest rate on 10-year government bonds reached 4.75% compared to 3.55% at the beginning of the year. This was the ...

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The frequently critical comments about the slowdown in the growth of the Chinese economy do not help to understand the action of its leaders and the direction in which the country is heading. A range of between 4.5 and 5% had been chosen for GDP growth in 2026. The figures for the 1st half of the year placed it at the bottom of this range and the latest forecasts for the 3rd quarter estimate it to be even lower. While business and public sector investment remains dynamic, household consumption is growing little and the main driver of the Chinese ...

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The Rencontres d'Aix is a great success every year, as evidenced by the growing number of participants to the point that it is beginning to be described as a "little summer Davos". This success stems from several factors. First of all, there is a perfect organization. Each session starts and ends on time and the speakers have a good handle on the speaking time assigned to them. Then there is the diversity of the speakers who come from the five continents and who have or have had various responsibilities, in politics, in business or in the academic world. Finally ...

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