During 71 years, the BP group has published accurate statistics about energy production and consumption country by country and for each energy source. Now, this mission has been granted to the Energy Institute which has just revealed the 2022 results. The year has been characterized by growth slowing everywhere in the world except in India, after the rebound occurred in 2021 coming after the deep recession caused by the Covid-19 pandemic. 2022 has also been affected by the oil and natural gas supply chains perturbations after the invasion of Ukraine by Russia and the sanctions decided by the Western countries ...

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The signal of the economic activity degradation and even in some cases, of a recession, as in Germany, and of the slowing of inflation, have not dissuaded the Central Banks, apart from China, from going on with increasing their rates or with announcing future increases. The chairman of the Federal Reserve in Washington has not proceeded to an eleventh rise in June but he gave to understand that other increases will occur before the year end. The European Central Bank, to the opposite, has proceeded July 15^th to an eighth increase of 25 basis points and its chairman, Christine ...

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It was thought that the inflation issue was definitely over. During almost ten years, until the Covid-19 crisis, price increase in the developed countries had been very low, sometimes even negative to the point that central banks, with in the first position the European Central Bank, had re-interpreted their mandates: instead of acting to make inflation going down at a level inferior but near 2%, the ECB had reduced its rates and launched a massive public bonds purchase plan to make inflation rebounding to a level near but inferior to 2%. Everything has changed first with the sanitary crisis and ...

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