China’s Changing Tech Sector

The gigantic Alibaba, Amazon’s Chinese alter ego, still hasn’t raised the bar. On April 12, 2021, China’s antitrust authority imposed a record €2.3 billion fine on him, culminating in the authorities’ takeover of the “tech” sector. → ANALYSIS. Real estate, Covid, growth… Chinese economy stalls They wanted to bring order to markets that often resemble … Read more

The head of the WTO warned about the division of the world economy

The head of the World Trade Organization warned on Tuesday of a split in the global economy into rival blocs amid the war in Ukraine, urging countries not to restrict trade during the crisis. “The war in Ukraine caused great human suffering, but it also hurt the global economy at a critical time,” said Ms. … Read more

African debt stimulates appetite

April 2020. In the midst of the Covid crisis, Paris Club creditor countries under the leadership of Emmanuel Macron decide to suspend the debt of 48 countries, mainly in sub-Saharan Africa. In fact, debts of $13 billion (€11.9 billion) are subject to repayment delays so that the countries concerned can focus on spending on health … Read more

Economic downturn fears in Europe and the US weigh on European stock markets

Stock markets fell sharply on Wednesday, anticipating an economic downturn in the US due to monetary tightening, as well as in Europe if an embargo on Russian gas is announced. European stock markets, which increased their losses during the day, closed sharply lower: Paris lost 2.21%, Frankfurt – 1.89%, Milan – 2.06%. The French and … Read more

income tax, candidates ran out of inspiration

He is one of those countless subjects who completely defected from the election campaign. While François Hollande was elected in 2012 on his proposal to tax the highest incomes at 75%, and in 2017 Emmanuel Macron promised to create flat tax in terms of capital income, in 2022, almost no candidate made income tax (IT) … Read more

the noose of sanctions tightens around the Russian economy

As part of the new sanctions, in response to the massacre of civilians in Bucha, the EU is preparing to ban Russian coal from its market. This should deprive Russia of 4 billion euros of income per year. This is far from what the revenues from the sale of gas and oil represent. But for … Read more

special diets resist

Perhaps this is a sign of a political class scalded by union resistance during pension reform, and the subject of special regimes seems to have faded in the course of the election debate. → RE-READ. Special diets, why so much stress? True, Emmanuel Macron did not completely disarm, proposing “cancellation of certain special diets”. Referring … Read more

Europe 27 is preparing for a war economy. A total embargo on hydrocarbons and a change in the model of life. The Germans will suffer the most

German Chancellor Olaf Scholz speaks to the press April 3, 2022 in Berlin about the war crimes uncovered in Bucha, Ukraine. Pictures of pogroms in the Kiev region, as well as shelling and evidence of Mariupol, produced the effect of an electric shock in Western countries. Emotions are all the more intensified because the Ukrainian … Read more

Energy transition to call for war in Ukraine

“To limit warming to around 2°C, global greenhouse gas emissions need to peak before 2025 and fall by a quarter by 2030.” summarizes the International Panel on Climate Change (IPCC) in a press release accompanying the release of its latest report on solutions to climate change. → READ. Cutting Greenhouse Gas Emissions Is Possible…and Needed … Read more

Behind the gas showdown with Russia is the ruble war

The sanctions have suffered but not yet sunk: the ruble is almost back to its pre-war and Western sanctions levels. It is currently trading at 83 rubles per dollar, the level of February 23. However, a wave of sanctions imposed after the start of the Russian offensive in Ukraine led to an unprecedented fall in … Read more