The specter of a food crisis resurfaces

The specter of a food crisis resurfaces

With the La Niña climatic phenomenon, production prospects have been revised downwards. The prices of agricultural raw materials are rising. Lack of income in times of economic crisis, low-income households find it difficult to feed themselves. The dreaded food crisis last spring did not finally happen, but it could befall the world this winter. The prices of agricultural commodities are resolutely on the rise, as evidenced by the Bloomberg sub-index of agricultural products, which has…

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Coronavirus: economic activity experienced its sharpest drop since 1949 in the first quarter

Coronavirus: economic activity experienced its sharpest drop since 1949 in the first quarter

GDP fell by 5.8% in the first months of the year due to the covid-19 pandemic and the confinement of the French, announced this Thursday morning Insee. Consumption, investments and exports fell sharply. And the numbers for the second quarter will be even worse. This is the sharpest drop since INSEE has calculated growth, that is to say since 1949. France’s GDP fell 5.8% in the first quarter, the statistical institute announced this month. Thursday…

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Covid: Global stock markets soar after Pfizer’s vaccine announcement

Covid: Global stock markets soar after Pfizer’s vaccine announcement

Driven by the announcement of a vaccine “90% effective” against Covid-19, the main world stock indexes have skyrocketed. Wall Street has reached new historic highs. In Europe, the CAC 40 gained 7.57% and the EuroStoxx 50 6.36%. Already well oriented following the dissipation of uncertainty related to the American elections, the world financial centers literally flew on Monday, after the announcements of Pfizer and BioNTech on a future vaccine. The prospect of a vaccine “90%…

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Payment deadlines: incidents have exploded since the start of containment

Payment deadlines: incidents have exploded since the start of containment

The crisis committee established by Bercy warns of a tripling of payment incidents since mid-March. Companies withhold their “cash” as a precaution, thus endangering their supplier fabric. This was the fear of the public authorities from the first economic difficulties linked to containment: companies which withhold their “cash” as a precaution, thus endangering their fabric of suppliers. These practices already existed before the crisis, but they have been accentuated since March. The incidents concerning the…

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US election: global stock markets on a cloud

US election: global stock markets on a cloud

Global markets have regained color with the US presidential election. The CAC 40 has gained nearly 8% since Monday, its best performance since the spring. They are not immune to a backlash once the excitement subsides as the epidemic continues to progress in Europe and the United States. The atmosphere is festive in the markets. The latter have finally coped very well with the uncertainty and the risk of contesting the result of the American…

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At its highest since 1991, the Japanese stock exchange celebrates “the second wave” of profits

At its highest since 1991, the Japanese stock exchange celebrates “the second wave” of profits

The Nikkei 225 index has already risen 23% in six months. Investors integrate the victory of a Biden administration less tempted by the trade war and celebrate the recovery of the profits of several large Japanese industrialists, in particular Toyota and Honda. Unheard of since November 1991. The Nikkei 225 of the Tokyo Stock Exchange closed on Friday at a level it had not reached in 29 years. After an increase of 0.9% over the…

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Science: how China strives for excellence

Science: how China strives for excellence

Since 1995, the Chinese government has invested heavily in its universities to achieve research excellence. And the results are there. Located close to the former Summer Palace, the Tsinghua campus is today a breeding ground for talent in science, technology, engineering and mathematics. In terms of the number of articles published in the most prestigious world scientific journals, the Peking University could even overtake the famous MIT within five years. It must be said that…

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