In this issue, you will find Pascal Devaux's editorial, as well as the update of our “EcoNews” and “Markets Overview” sections.
Since the Trump administration returned to power, the already considerable disparity in energy policy between the United States and Europe has significantly increased. Admittedly, both are seeking energy sovereignty. But, while European policies remain focused on the low-carbon transition, the current US administration is focused on enhancing US dominance in the fossil fuel sector and rolling back measures that support the energy transition. At first glance, the energy crisis is exacerbating this divergence. The US has consolidated its position as the world’s leading exporter of hydrocarbons, and its strategic oil reserves have served as a buffer against the crisis
The latest economic news.
Equity indices, currencies, commodities, bond markets: Rates took off and tech slid further, leading Europe stock to outperform.