The publishing of the 1^st estimation of French growth during the 2^nd quarter, which has been confirmed one month later, has created a nice surprise. The 0.5% GDP increase has by large overpassed the forecasts which rather saw it around 0.2%, which would have just erased the diminution observed during the first quarter. The acquired growth for 2022 is now 2.5%, which means that if the economy is stagnating during the second half of the year, it is this number which will the rate for the full year, which would put France in a good ...

Continue reading

The currents events which are hurting France, the huge fires in Gironde and the extreme temperatures observed in the Western part of the country, unavoidably are reviving the worries about the evolution of the climate due to the greenhouse gas emissions. But if the linking can be useful to mobilize economic agents and families and to make adopted the appropriate measures, that must not delude people. From all the time and in every country inhabitants have had to face natural catastrophes. In the Landes forests, not far from the current affected zones, it was during a long time talked about ...

Continue reading

The succession of crisis which have hurt the Western Countries for fifteen years with successively the sub-primes, the risk of explosion of the euro zone, the Covid-19 pandemic and at last the invasion of Ukraine by Russia has, each time, put the central banks at the heart of the measures devised by the governments to soften their economic consequences. Even when their status was explicitly or not guaranteeing their independence and their freedom of action and when their mandates were fixing the price stability as their main objective, their policies had to be in keeping with a context of international ...

Continue reading