Military battles are won thanks to appropriate alliances. It is the same in economy where the usual term is rather competition but the result is the same: there are winners and losers. The United States president seems to ignore that obviousness. On one side he shows off, to the opposite to his predecessors, an unlimited desire for power and, in the same time, he isolates his country. Every meetings he participates or appointments he gives, and there would have been a lot in July, reveals deep clashes. NATO Summit saw the United States bringing an accusation against European countries. The ...

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The Chinese currency has just lost, in less than a month, almost 4% of its value against the dollar and the euro. In a context of high tension between the Unites States and their trade partners, atop of them is China, nothing more was needed to reach to the conclusion that in order to respond to the protectionist policy of the American president, a currency war will be added to the trade war which is threatening. The new governor of the Chinese central bank, Yi Gang, who has succeeded in March to Zhou Xiaochuan, who had chaired the institution for ...

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In France, we are delivering speeches and we like writing laws. One of the favorite purposes is the evolution of a key economic activity: energy production and consumption. It is also at the heart of the debate about environment and the threats greenhouse gas emissions are weighting on the planet. But it is also a key sector for the purchasing power and companies results. Every year, British Petroleum publishes a report on world energy production and consumption by sources of energy and by country. That also allows to assess midterm trends since the report provides the last ten years figures ...

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