The dollar at risk of chaos
The Financial Times noted that the dollar’s first half was the worst since the first six months of 1973. At that time, the greenback’s value, measured against the six largest…
Philippe Waechter's blog
What about the lender of last resort?
The conflict between Israel and Iran is not having the expected effects. While the price of oil has risen, it hasn’t gone beyond its level at the beginning of the…
United Kingdom – Europe, it’s never too late
There is good news. The agreement on the rapprochement between the United Kingdom and the European Union is excellent news.Since June 23, 2016 and the Brexit referendum, the entire continent…
Lowering tariffs between the US and China
Chinese and Americans have partially buried the war axe on tariffs. The 145% rate on Chinese products entering the US is lowered to 30% and the 125% rate for US…
The US-UK trade deal is primarily political
The trade deal between the United States and the United Kingdom was announced as the event. British goods entering the United States will be subject to a 10% tariff, as…
Oil prices fall
The price of oil is around $60 a barrel, a drop of just over 20% compared to the 2024 average. There are three dimensions to understanding the trend of oil…
Understanding the impact of US tariff measures
Donald Trump has imposed 25% tariffs on products from Mexico and Canada and 10% on Chinese products. This is a first step.There are several points to emphasize. 1- During the…
A new international order is emerging
A few days before Donald Trump’s arrival at the White House, the feeling shared by all is that the international balance is going to be upset.The global dynamic has long…