Archives Jan. 1, 2022

It is always difficult to achieve two different objectives in the same time, a green France, as an example for the whole world and a re-industrialized France to get back full employment and energy independence. But the past action in the nuclear power production and the one, today decided in Brussels, supported by Paris, regarding car industry, provide good examples of what it must not to be done if we want to reach these two objectives, along with being conscient of the real France weight in this essential stake which is the fight against climate warming.

It exists four major ...

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In less than thirty years, once the unification of the Eastern provinces was successfully achieved, Germany has become the good if not the best pupil of the European Union. It could so set its conditions for the creation of the euro, bolstered by its foreign trade surplus, the rigorous management of its public finances and its low inflation. It revived the great principles which had made its prosperity. As far as back 1895, Paul Valery, the French essayist, had shown that it was coming from its ability “to make returning the maximum of wealth from all the places in the ...

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The dollar has experienced a spectacular increase these last months against all the major currencies in the world. For a year, it has appreciated itself by 15.2% against the euro and by 17.6% against the sterling, an increase which slowed these last days after the turnaround of the British government which has abandoned its general taxes cut policy after having announced it some weeks before. The fall of the yen is spectacular: -23.3% when the Chinese currency, the Yuan has better resisted; the cause of the dollar appreciation is well identified, but the spreads between currencies would ...

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