Inflation vs sanctions: a difficult choice for Westerners

by time news

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So that was the next world! The story of a world that we hoped would be better after the pandemic, after the first months of confinement in 2020: a prosperous world from an economic point of view, when the restrictions were lifted, but also a world more respectful of the environment, more solidarity between rich and poor, between developed and less developed countries.

Instead, what do we have? A war involving one of the great powers of the planet, a generalized inflation which bursts the ceilings in Europe and the United States, food and energy crises, shortages of goods and labour.

Without making catastrophism, what to expect for the next weeks and the next months? China is licking its zero-Covid wounds, recession is looming over the United States, Westerners are battling against inflation. Many countries facing energy problems are reactivating their coal-fired power plants and activating ever-stronger sanctions against Russia, which is engaged in a merciless military fight in Ukraine. Are they right to go so far? Who will win the game?

OUR FIRST GUEST

Agatha Demarais, director of global forecasts l’Economist Intelligence Unit (EIU), the Independent Research Center of The Economist magazine. Member of the expert network of the World Economic Forum. His book, Backfirewhich focuses on the side effects of US sanctions, will be published in late 2022 by Columbia University Press.

Agatha Demarais. © Personal collection/Agathe Demarais

OUR EXCLUSIVE INTERVIEW

In the second part of the program, you will be able to hear a long exclusive interview granted by the leaders of Huawei in Africa. Philippe Wang, Executive Vice President of Huawei Northern Africa, and Colin Hu, President Enterprise & Cloud of Huawei Northern Africa, unveil their strategy for the coming years. Cloud, data protection, cybersecurity, smart cities, network coverage. They also respond to criticism aimed at the group and accusations of espionage.

Philippe Wang, executive vice-president of Huawei Northern Africa, at the microphone of Bruno Faure.
Philippe Wang, executive vice-president of Huawei Northern Africa, at the microphone of Bruno Faure. © Huawei

OUR REPORTS

  • It’s back to China! For the first time in 4 months, manufacturing activity and services are up. A recovery linked to the drop in contamination and the lifting of health restrictions. The “multinational summit” was held in Qingdao on the east coast of the country. For this third edition, there was a lot of talk about robots. Report from our correspondent Stephane Lagarde.
© Stephane Lagarde/RFI

  • It is the nugget of digital in Tunisia. ” Go My Code has specialized in computer coding courses and is enjoying success that now goes beyond Tunisian borders. Casablanca, Abidjan, Dakar, Lagos, Cairo, and soon Kigali, Accra or Nairobi. The company in the EdTech sector wishes to accelerate its conquest of the African continent. It all started in Tunis. Our correspondent Amira Souilem slipped into the benches of this rather special school to try to discover the reasons for this success.
“Go My Code”, digital nugget in Tunisia. © Amira Souilem/RFI

OUR LAST INTERVIEW

Inetum is one of the largest French digital service companies. With 27,000 employees worldwide and a turnover of 2.2 billion euros in 2020, it has just changed its reference shareholder. Bain Capital took over from Qatari Mannaï. This is a new stage in the development of this company which intends to strengthen its presence in Africa. Its CEO Vincent Rouaix is questioned by Olivier Roger.

Vincent Rouaix.
Vincent Rouaix. © Inetum

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