Next Thursday, Her Majesty people are invited to a referendum regarding United Kingdom exit from the European Union. The issue is in the front page of newspapers, not only in England.  Stock markets are worried and yesterday, Janet Yellen, Federal Reserve chairwoman, was considering it as a risk to the point to probably differ any rate increase in her country during next sumer, increase which was considered as certain three months ago. President Obama launched a formal call in favor of remaining in the Union, but European leaders were less vocal, as they are cautious to avoid creating any negative ...

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Agence France Trésor has published today its TEC 10 index which reflects the 10 years interest rate offered by the State : it is going down to reach 0,4%. It has been inferior to this level only during few days, between April 2015 15^th and 23^rd. France still fully profit from the European Central Bank policy. It will generate this year a new and substantial reduction of the cost, for the State, of its debt. Contrary to the strong rise announced, against any logic, in the 2016 finance bill, this fall will permit a reduction of at ...

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The media impact of economic news publications is mainly the result of their predictive nature. It is not new. Since the beginning of humanity, and astrology emergence can testify of it, men are obsessed by what may arrive to them and pay a lot of attention to those who pretend to tell it to them. The success of economics and of the economists is the current version of this phenomenon. There is not a single day without the release of economic forecasts. Due to the necessary delay to gather numbers we are at the point where we forecast or revise ...

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