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Is the pound doomed?

In comparison, interest rate expectations in Great Britain have risen sharply as a result of the measures taken by the new British government. © Capstone Chancellor of the Exchequer Kwasi Kwartengs’ “budget plan” was not well received by the financial markets. “The cap on energy prices likely spared the UK a short-term recession, but the …

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Societe Generale: The election of the new boss is approaching

As his successor, Frédéric Oudéa has proposed the idea of ​​a candidate selected internally from among the staff of Societe Generale. Promised for the fall, the announcement of a new CEO of Societe Generale could take place in early October. Since the surprising announcement by the outgoing Frédéric Oudéa on May 17 that he would …

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The Swiss Franc has broken another record against the Euro, but how far will it go?

On Monday morning you only had to pay 94 francs for one euro: a new record. After years of trying to devalue the franc, the Swiss National Bank has made a 180-degree turn in recent months. In view of the galloping inflation, she is now allowing the national currency to appreciate. The Swiss currency, which …

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The world will pay a ‘war price’ in 2023, the OECD warns

The OECD has revised down its forecast for next year’s global growth significantly lower than expected given the longer-lasting impact of the war in Ukraine, with Europe bearing the biggest brunt. War will continue to cost countries around the world dearly: The OECD has revised its forecast for world growth next year significantly downwards given …

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Renewable energies create 700,000 jobs in one year and already employ 13 million people

Last year, The renewable energy sector achieved 12.7 million jobss, an increase of 700,000 new jobs in a single year, despite the ongoing impact of the COVID-19 pandemic and the growing energy crisis, according to a new report. The report, titled Renewable Energy and Jobs: Annual Review 2022, identifies the size of the national market …

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The number of jobs in the field of renewable energies is growing worldwide

This report, entitled “Renewable Energy and Employment: Year in Review 2022”, underlines that the size of the national market is one of the most important factors for the creation of jobs in the renewable energy sector, along with personnel costs, among others. Solar energy is proving to be the fastest growing sector. In 2021, it …

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The “pirates”, those winemakers who break the codes of Bordeaux

No more “grandparents’ bottle served during Sunday lunch.” In Bordeaux, a group of “pirate winemakers” are advocating innovation to dust off the image of local wines, which some consumers are shunning. It’s harvest time at Château Cazebonne in the Graves. Its owner Jean-Baptiste Duquesne, to check their ripeness, tastes the purple and bronze berries of …

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The dollar is bringing the euro and the pound to their knees near their lowest levels in history

The British currency fell to $1.0863 for the first time since 1985, not far from an all-time high of $1.0520 recorded that year. The dollar launched a fresh attack on the euro and pound on Friday, which was nearing its lowest levels in history after the UK unveiled budgetary measures that the market saw as …

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