A “menage à trois”

More than ever in a position of strength at the end of the first phase of the COVID-19 crisis, will Angela Merkel be able to plug its cracks? She is not the only one, but during this crisis, [...]

Flooded with cash

Central banks have become “lenders of first resort”. Shouldn’t they return this role to traditional banks? Containment will surely have unexpected effects. It may be that the [...]

Asia, shock in return

The battle against the Covid-19 is far from won in Asia. But China is already trying to write its history. Captured by our own fight against the Covid-19, subject to the constraints of [...]