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 •  Publication ECO

World – Scenario 2026-2027: counting on fiscal policy support to counterbalance adversity

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Against a backdrop of ongoing geopolitical uncertainty, but with the US trade fog lifting, growth rates are expected to remain steady or even pick up. Fiscal measures will contribute to this resilience in a variety of ways: from tax cuts in the US to aggressive fiscal policy in Japan, via Keynesian stimulus in the UK and spending linked to the NGEU plan on the one hand and the German recovery on the...

 •  Publication ECO

South Korea: a year after the political crisis, markets are buying the promise of stability

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On 3 December 2024, South Korea was thrown into political crisis. Struggling in parliament, where he had lost his majority, President Yoon declared martial law in a move he claimed was justified by North Korean and Chinese interference. 

The immediate mass mobilisation of opposition members of parliament and civil society put a stop to this attempted power grab and paved the way for proceedings that...

Corée du Sud : un an après la crise politique, les marchés achètent les promesses de stabilité
 •  Publication ECO

Fog over New Delhi

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India is shrouded in fog: the fog of pollution, which is making New Delhi increasingly unliveable; the fog of terrorism, with tensions with Pakistan triggering a number of attacks; and the fog of trade talks with the United States, which seem to have been at a standstill for weeks.

New Delhi dans le brouillard