Archives Jan. 1, 2022

The publication by INSEE of its first estimation of the French growth during the 1^st quarter has surprised and disappointed. GDP has stagnated. During the same time inflation reached year on year 4.8% and it was not needed more for the spectre of stagflation to be reminded, the worst situation an economy can know with, in the same time inflation and the growth stoppage, which frequently constitutes the preliminary signal of a recession. These worries are yet excessive and the figures are less alarming than they look like because this stagnation occurs after a strong rebound in 2021 ...

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The publication of China GDP 1st quarter figures, +4.8%, year-on-year, has been received with skepticism, when they were higher than the 4% increase, still year-on-year, on the previous quarter and even above the expectations which were based on a 4.4% growth. The war in Ukraine had just started and had not yet significantly affected the supply chains and the restart of the covid-19 pandemic was hardy beginning to produce its effects with the confinement decided in the Shenzhen area.

Enterprises investments has grown by 9.3% on annual rhythm and industry and power and heat productions increased respectively ...

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Each presidential election offers the opportunity, for the candidates qualified for the second round, to draw up the situation of the country and to formulate proposals. When one of the candidates is the current president, the debate is first about the evaluation of his action he assumes and defend before presenting what he intends to undertake if he is reelected. His opponent has then as a priority, to the opposite, to criticize it, frequently through a caricature, and to explain how he would do better thanks to his program. It is this debate which will be at the center of ...

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