In this issue, you will find Jean-Luc Proutat's editorial and the update of our “EcoNews” and “markets review” sections.
As a result of the post-Covid debts surge and rising interest rates, the financial burden on governments is increasing. In the OECD, it has reached 3.3% of GDP, its highest level since 2010. For the European Union, the end of the period of cheap money coincides with a substantial increase in its borrowing requirements, partly linked to the need of rearmament. Public finances, already confronted with climate change and ageing populations, are under pressure and will not be able to meet all the challenges alone.
The latest economic news.
Equity indices, Currencies & commodities, and Bond markets.