The Paris Stock Exchange struggled to find a clear direction on Monday, after a decline opening, the investors remaining cautious in the face of the trade policy of the United States despite reassuring data on the economy of the euro zone. Around 9:30 am, the star index of Parisian square, CAC 40, took 0.15%, however … Read more
A month after Donald Trump’s inauguration, G20 finance ministers, with the exception of that of the United States, have gathered since Wednesday in CAP where the South African president warned of a « menace » for the “Global growth”. “The erosion of multilateralism poses a threat to global growth and stability”warned Cyril Ramaphosa on Wednesday … Read more
Impossible to find a hotel room in Damascus. “The city is crowded”exclaims a taxi while zigzagging between the traveling carts of fruit and vegetables which clutter the streets of the capital. Certainly, these “tourists” are, in the majority, Syrians returning from exile. “But I do a little more shopping”he notes. Especially since we also come … Read more
US GDP growth disappointed in the third quarter, although still solid, six days before a particularly close presidential election, and while the economic situation is one of the main concerns of voters who have suffered from the ‘inflation. In the three months from July to September, growth was 2.8% annualized, compared to 3% in the … Read more
Thanks to a less moribund Germany than expected, a Spain in great shape and a France boosted by the Olympics, the euro zone recorded stronger growth than expected in the third quarter, but the coming months could be difficult. The gross domestic product (GDP) of the 20 countries sharing the single currency increased by 0.4% … Read more
European Commission President Ursula von der Leyen begins a tour of the Western Balkans on Wednesday where she will visit each candidate country to join the EU. Everyone hopes, after years of waiting, to benefit from the return to favor of enlargement. His visit, the fourth to the region, is “a strong signal” that enlargement … Read more
China published its weakest quarterly growth in a year and a half on Friday, despite all-out efforts to stabilize an economy weighed down by sluggish consumption and a real estate crisis. The National Bureau of Statistics (NBS) announced that gross domestic product (GDP) grew by 4.6% in the third quarter year-on-year, reporting a “complicated and … Read more
The Chinese authorities are “fully confident” to achieve the GDP growth target in 2024, set at around 5%, despite the real estate crisis and low household consumption which are penalizing the economy, a senior official said on Tuesday. “We are fully confident of achieving the economic and societal development objectives this year”said Zheng Shanjie, chairman … Read more