2024-08-30 15:30:04
Eco from here Eco from elsewhere back to school after a summer full of events on the economic world. First there is the selection of Kamala Harris as the Democratic candidate for the United States presidential election which repeats the cards that the previous election promised for Donald Trump. Also in the United States, the president of the FED, Jerome Powell, gave a signal to lower his key rates. Finally, stock markets had a turbulent start to August, raising fears of a stock market crash.
What are the consequences of these different events as inflation seems to stop and activity begins? Can we talk about a return to normal form after the shocks of Covid and the war in Ukraine? Do political uncertainties in Europe play a new negative role?
OUR GUESTS:
– Samy Chaarhe is an investor Lombard Odier and investment director for Switzerland.
Samy Chaar, chief economist at Lombard Odier, guest of Eco d’ici Eco d’ailleurs on RFI © Lombard Odier
In the second part of the show, we evaluate the state of the African economy with a consultant and writer who observes more than the interest in the action taken by African leaders. Serge Eric Menyethe founder of Grassfield Ventures stands, in particular the hypocrisy of those who use the climate emergency and the responsibility of developed countries to justify their own inaction. It also attacks foreign companies and states that continue to profit from African resources despite environmental commitments. Serge Eric Menye, who was born in Cameroon and who benefited from experience in large companies in Europe and the United States, also attacked the financial credibility of the African continent and was angered by the movement of Afro optimism that is gaining ground despite a fact according to him. Much more nuanced.
#Global #trade #return #normality