France has crossed a critical threshold as its public debt exceeded €3.5 trillion in the first quarter of 2026, reaching 117.5% of GDP. The French Court of Auditors has sounded the alarm over what it describes as an “alarming” fiscal situation, as public deficits hit record levels and debt-interest costs continue to soar.
The new tariffs imposed by Trump, which came into force on Saturday, are causing a global shockwave on the world’s financial markets. Asian stock markets recorded spectacular falls of between 3% and 12% on Monday. The CAC lost 6.89% at the opening.
The American president has just announced a considerable increase in customs duties on imports, causing concern among his trading partners. The European Union is already preparing its response.
The United States is going to siphon off its European “colonies” to pay off its 35,000 billion debt, says Valérie Bugault, PhD, independent researcher and author of numerous books, including “The Hidden Reasons for World Disorder.”
By 2023, the public deficit will have risen to 5.5% of GDP, and public debt to 110.6% of GDP, according to INSEE. This slippage is an embarrassment for the government.
With less than 5 months to go before the European elections (June 9) and the Olympic Games (July 26-August 11), all the indicators are red: debt, recession, unemployment. The social climate is stormy. The political atmosphere is unbreathable. Can we still avoid a social explosion?
The anti-corruption association AC!! has just made a report to the Autorité des Marchés Financiers (French Financial Markets Authority) concerning wind-powered electricity companies whose director is the number 2 of a Crédit Mutuel subsidiary.
What state will Elisabeth Borne’s successor at Matignon find the French economy in? Far from the “all’s well” of Economy Minister Bruno Le Maire, all indicators are bright red. Marc Touati, economist, provides an overview.
The 65ᵉ session of the Franco-Russian seminar co-organized by the Centre d’Études des Modes d’Industrialisation of the École de Guerre Économique (Paris) and the Institute of Economic Forecasting of the Russian Academy of Sciences (Moscow) was held in Paris from July 3 to 5, 2023. Jacques Sapir, a well-known journalist and economist, gives an edifying account of the event, published on the “Les crises” website.
Viewpoint- The head of America’s largest bank warns of an impending economic “hurricane” caused by an increasingly belligerent Federal Reserve, rising inflationary pressures and the Russian invasion of Ukraine.
Where is the good economic health of France that we heard so much about during the election campaign? The INSEE figures on inflation and growth are very worrying.
The insurance group Indexia (ex-SFAM) has to answer again for misleading commercial practices in court. The consumers’ association helps the victims to assert their rights.
