Stéphane Garelli

It's one of the many mysteries of the new economy. Neither covid, inflation nor the war in Ukraine seem to have destabilized employment. Despite all the uncertainty about a recession and the alarmi...

The fragmentation of the world economy has led to the reappearance of the great economic blocs: the United States, Europe and China. But it is not like before. Third countries do not necessarily ha...

The global economy is cracking. This divide is not only revealed in economic tensions, but also in the ultimate goals of nations. In the past, the pursuit of economic prosperity and the well-being ...

The question may seem philosophical, but it actually defines the economic societies in which we live. Demonstrations about higher wages or pension reform all raise the same question: is the interes...

The Credit Suisse debacle is often attributed to the vanity of past managers. This is partly true. Yet successful people are often vain too: Thomas Edison, Steve Jobs or Elon Musk. Is it the hallma...

Sooner or later, we will be there. Robots with artificial intelligence and a physical appearance similar to ours - androids - will work in companies. Beyond science fiction, there are very concrete...

According to Herodotus, there was already a corruption scandal affecting the Pythia of Delphi in the sixth century BC (the affair of King Demaratus for specialists). Today, it is the European Parli...

After 1016 days of zero covid policy, China has decided to open up again to the rest of the world. The impact on our economies will be considerable. But is this good news or bad news? Probably both...

As we begin 2023, we cannot help but feel that a profound break has taken place. The business model that has been ours for forty years, that of an open and growth-oriented globalization, is coming ...

This was somewhat expected. For the first time in 17 months, inflation in Europe is slowing down. Even if it is too early to deduce that the peak has passed, it is nevertheless good news. However, ...

In any case, they have to try. At a recent conference in Hong Kong, UBS Chairman Colm Kelleher said, "We don't read the American press, we actually believe what China says." Obviously, this made pe...

An economic crisis is made up of a mosaic of other crises. Identifying them is only half the problem. The other is how long they will last. Inflation: one and a half to two years. It remains the ma...

There is a fundamental principle in economics: no matter how much technological innovation one offers, at the end of the process there is always a product and above all a person. However, the path ...

The past few years have been characterized by an avalanche of crises. It never seems to end: debt in Europe, Brexit, US-China trade tensions, covid, supply chain shortages, inflation, employment pr...

One of the pleasures of power, at the head of a company or a country, is to believe that you are always right. How could it be otherwise when those around you keep saying so? If it is clear that yo...

Everything becomes political again. Governments keep interfering in the running of the economy. This is obviously the consequence of the energy crisis and the war in Ukraine. But it is also a funda...

In six months, Kendall Jenner, an American actress, generated $3.7 million worth of advertising for Prada on her Instagram account. In China, Li Jiaqi sold more than $1.7 billion worth of lipsticks...

We lost the next recession! This sounds a bit like a Sherlock Holmes or Hercule Poirot investigation. The 2008 recession was pretty standard: real estate, financial and unemployment crises. But for...

Inflation, risks of recession, covid and war in Ukraine are increasingly weakening the smooth running of the global economy, whose future seems to be darkening.

The economy likes to scare itself, and the rise in interest rates is no exception to this ambient dramatization. Officially, it is to fight inflation. But the reality is more complicated. There are...