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LE POINT

Extra! French Media Go Gaga Over Angela Merkel

The most popular politician in France these days is German Chancellor Angela Merkel, who has been lauded for her leadership on Europe's migrant crisis. "The Incredible Mrs. Merkel" reads Thursday's cover of weekly Le Point. "If only she was French..." adds the French magazine.

Germany's response to the latest surge of refugees from Syria and other war-torn regions, including a commitment of 6 billion euros to welcome 800 000 asylum seekers, contrasts with the largely wait-and-see policy adopted by France.

On Wednesday, Merkel and Jean-Claude Juncker, President of the European Commission, pressed other countries on the continent to receive a greater share of refugees.

Le Point is one of several French publications to celebrate Merkel, who in the past has been the object of scorn in France. Le Monde even suggested on Wednesday that the German chancellor merits the Nobel Peace Prize.

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Economy

Lithium Mines In Europe? A New World Of Supply-Chain Sovereignty

The European Union has a new plan that challenges the long-established dogmas of globalization, with its just-in-time supply chains and outsourcing the "dirty" work to the developing world.

Photo of an open cast mine in Kalgoorlie, Australia.

Open cast mine in Kalgoorlie, Australia.

Pierre Haski

-Analysis-

PARIS — It is one of the great paradoxes of our time: in order to overcome some of our dependencies and vulnerabilities — revealed in crises like COVID and the war in Ukraine — we risk falling into other dependencies that are no less toxic. The ecological transition, the digitalization of our economy, or increased defense needs, all pose risks to our supply of strategic minerals.

The European Commission published a plan this week to escape this fate by setting realistic objectives within a relatively short time frame, by the end of this decade.

This plan goes against the dogmas of globalization of the past 30 or 40 years, which relied on just-in-time supply chains from one end of the planet to the other — and, if we're being honest, outsourced the least "clean" tasks, such as mining or refining minerals, to countries in the developing world.

But the pendulum is now swinging in the other direction, if possible under better environmental and social conditions. Will Europe be able to achieve these objectives while remaining within the bounds of both the ecological and digital transitions? That is the challenge.

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