Two Asian giants are facing each other: China, whose economic and military power is no longer in doubt, and India, whose weapon is demography and who dreams of being the equal of its Chinese rival. The effects will reverberate everywhere.
Source: LES ECHOS
France’s top business daily, Les Echos covers domestic and international economic, financial and markets news. Founded in 1908, the newspaper has been the property of French luxury good conglomerate LVMH (Moet Hennessy – Louis Vuitton) since 2007.
The riots and looting continue after the police shooting death of a 17-year-old in the outskirts of Paris. Already embattled over labor reforms, French President Emmanuel Macron’s hopes to make peace with center-left allies are getting pushed aside by demands for law and order.
Small, mobile and organized groups of young people full of violence and hatred for the police: an emerging movement a far cry from the “banlieues” riots in 2005.
Wagner mercenary chief Yevgeny Prigozhin’s aborted coup against Russian President Vladimir Putin reveals the great confusion that reigns in Russia, and the weakness of the Kremlin’s leader — but it’s a weakness that makes him all the more unpredictable.
On two or four legs, the robots from this MIT spin-off are among the most advanced in the world. And while their videos have conquered YouTube, their new playground is less spectacular, but just as strategic: logistics warehouses.
The Chinese pet market is booming, driven by young city dwellers who are increasingly reluctant to have babies. Care, food, yoga classes, strollers, specialized detectives and pet-cloning are all part of a 35 billion-euro industry.
The outdoor cafés are joyful, the metro is expanding and the city is becoming more modern. A visit to the Russian capital finds citizens trying to keep the war as far away as possible — even as it creeps closer.
The Spief, the political-economic forum dear to the Russian president, takes place this weekend in Saint Petersburg. The West will be absent, as the Kremlin increasingly appears beholden to Beijing.
Connected watches don’t just tell the time, they give meaning to life.
A diplomatic genius for some, a war criminal for others, Henry Kissinger has just turned 100. An opportunity for Dominique Moïsi, who has known him well, to reflect on the German-born U.S. diplomat’s roots and driving raison d’être.
Forty years since 1982, a mythical vintage of outstanding quality, the 2022 vintage, promises to be the new model for Bordeaux wine-growers after its first taste test, says French daily Les Echos.
Rome has been strongly opposed to synthetic foods, insect-based flours and health warnings on alcohol, and aggressive lobbying by Giorgia Meloni’s right-wing government against nutritional labeling has prompted accusations in Brussels of “gastronationalism.”
Over the past two years, the United States has lost more than two years of life expectancy, wiping out 26 years of progress. French daily Les Echos investigates the myriad of causes, which are mostly resulting in the premature deaths of young people.
Since the beginning of the war in Ukraine, many Russians ordered to the front have fled to India’s scenic west coast. They enjoy sandy beaches, sun and a cheap life, but relations with pro-war Russians who have long settled there regularly disturb the peace.
Approaching the world as a simple opposition between East and West falls short. An emerging “tripolar” geopolitics requires we establish new ways of thinking and managing both conflict and opportunity.
Once neglected, this small port in Thrace, northeastern Greece, has become a strategic hub for transporting men and arms to the shores of the Black Sea. Propelled by ambitious infrastructure and gas projects, the region dreams of becoming an alternative to the Bosphorus strait.
Forget about Cantonese fried rice and spring rolls, new-look Chinese restaurants have been multiplying in Paris. They attract French people with increasingly diverse tastes… and a growing number of Chinese tourists.
An opposition victory in the elections would be good news for the currently disastrous relations between Ankara and the European Union. But the 27 EU members may not yet be ready to consider Turkey’s integration into the EU.
Located on the shore of the Red Sea, rich in natural resources, Sudan is strategically important to the Arab states of the Persian Gulf. Worried about a conflict that is getting bogged down, Arab capitals are mobilizing behind the scenes, with initial “pre-negotiation” talks beginning Saturday in the Saudi port city of Jeddah.
Subsidies to green industries and the promotion of “quality” jobs: Joe Biden’s economic policy is driven by an American form of “productivism,” which French business daily Les Echos says has allowed the country to regain the upper hand in both economics and politics.
The result of Turkey’s May 14 election is still very uncertain, but President Recep Tayyip Erdogan’s significant failures put his leadership under threat for the first time in 20 years.
More than 14,000 Sudanese people have already crossed the border into neighboring Egypt to flee the conflict in their country. On arrival, they say there are chaotic scenes.
It’s impossible to travel incognito on a train, and it’s also difficult to walk down the street without running into surveillance cameras. Even when hiking, apps are multiplying. We can’t just wander around in anonymity anymore.
In a country where money is taboo and culture is sacred, French artist Aurélie Galois navigates the uneasy relationship between following your muse and paying your rent.
Thanks to advances in science, the reintroduction of extinct animal species is now feasible — even inevitable. But beyond possible benefits for biodiversity, these projects raise numerous environmental and ethical dilemmas.
Ukraine became the country with the most landmines in the world. Kyiv has limited resources, so NGOs are trying to help by training soldiers to identify and destroy the potentially deadly devices even while protecting themselves from new assaults from Russian forces.
Don’t be fooled by the explosion of Elon Musk’s Starship rocket. In reality, the U.S. is making giant strides while Europe keeps repeating the same mistakes.
Facing 14 million cubic meters of contaminated soil collected during the cleanup of fields and villages near the destroyed Fukushima nuclear power plant, the Japanese government promised residents it would remove the soil, but now finds itself in a deadlock, despite the tens of billions of dollars spent..
GPT-4 and other artificial intelligence systems can pass complicated exams, but this says more about how we conduct tests. Artificial intelligence shouldn’t lead us to despair — instead it should spur us to rethink our learning and education systems.
Translated in full from French, here is the exclusive interview French President Emmanuel Macron gave to three reporters on his way back from his trip to China, in which he insisted that Europe needed more autonomy from the United States.
Facing Russia, just across the Amur River, the Chinese border city of Heihe has complicated ties with its neighbor, revealing the scars of history and a shifting power dynamic between Moscow and Beijing.
Donald Trump’s indictment is an unprecedented opportunity for him to rally his supporters — almost a godsend. But it could also be good news for U.S. President Joe Biden. What it means for the nation is another story. A view from a French political scientist.
On a visit to China this week, French President Emmanuel Macron will try to improve the image of French companies and to renew diplomatic ties with Beijing, which may be the most pivotal outside player in the Ukraine-Russia conflict.
To prevent France’s current institutional crisis from leading to a regime crisis, it is not a question of the much criticized pension reform — or even that Emmanuel Macron must resign. A change is needed in the very way French democracy functions.
Like with the atomic bomb, artificial intelligence will divide the world into the haves and the have-nots, French columnist Édouard Tétreau writes. To win the AI arms race, France and its allies need a new transatlantic partnership.
Sure, financial instability in the U.S. and the weaponization of the dollar have raised crucial questions about how long the dollar can remain the world’s de-facto currency. But France’s leading business daily says don’t expect major changes any time soon.
France, Israel, United States: these three democracies all face their own distinct problems. But these problems are revealing disturbing cracks in society that pose a real danger to hard-earned progress that won’t be easily regained.
The continuous increase of public debt and a tone-deaf president in France, the rise of authoritarian regimes elsewhere in the world, the blindness to global warming: realities that we do not want to see and that will end up destroying us if we do not act.
The pushing through of a bill to raise the retirement age in France has caused widespread, sometimes violent, protests. The government is worried the movement will spread, as unions warn the protests are just beginning.
The ongoing strike of garbage collectors in France shows us why we try so hard to hide how much garbage we throw out. As trash piles up in the streets, philosopher Gaspard Koenig reminds us that it wouldn’t be so hard to recycle and compost more of it.