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In its fight against global warming, the European Union is about to take an important step: the launch of the operational phase of its Carbon Border Adjustment Mechanism (CBAM). How will it work? Who will be affected? What will be the economic consequences? These questions (and a few others) are addressed below.In a month’s time
ADVANCED ECONOMIESInternational tradeA presidential proclamation from the White House formalizes the introduction of additional customs tariffs of 10% on wood/framing and 25% on kitchen and bathroom furniture from 14 October. Separately, the European Commission is expected to propose on Tuesday to raise its customs duties on steel imports from 25% to 50%. The EU also
Monday, October 6, 2025 Eco Week Markets Review – 6 October 2025 Eco Week EcoNews – 6 October 2025 Scenario and forecasts The updated scenario and forecasts of the Economic Research – 6 October 2025 Tuesday, September 30, 2025 Eco Insight The US Treasuries market, an idol with feet of clay: Oiling the wheels Monday
Since the cessation of most Russian gas supplies, reducing Europe’s energy vulnerability, and thus improving its economic security, has been a key issue for European decision-makers. However, recent pressure from the United States on Europe to increase its purchases of US hydrocarbons could raise fears of a new significant dependence on US liquefied natural gas
PROTECTIONISM / INTERNATIONAL TRADESurprise new salvo from the US. On 25 September, Donald Trump announced new tariffs to take effect on 1 October: 100% on “branded” and/or “patented” medicines (unless production units are opened in the United States), 50% and 30% on bathroom and kitchen furniture respectively, and 25% on heavy goods vehicles. Agreements between
Monday, September 29, 2025 Eco Week Markets Review – 29 September 2025 Eco Week EcoNews of 29 September 2025 Scenario and forecasts The updated scenario and forecasts of the Economic Research – 29 September 2025 Thursday, September 25, 2025 Eco Flash Germany: despite the decline in the IFO index in September, there are signs that
The IFO business climate index fell in September to 87.7 from 88.9 in August (-1.2 points month-on-month, a monthly change close to the historical average monthly change of 1.1 points in absolute terms). This deterioration, after eight consecutive months of growth (84.8 in December 2024), particularly affected services. The situation in industry remained stable and
The French economy is entering a new budgetary cycle that is likely to be as complicated as the previous one. However, the economy appears to be more robust than in 2024. Firstly, the productive sector is in better shape today in several key areas (notably aeronautics and agriculture), which is reflected in the growth figures.
ADVANCED ECONOMIESUnited StatesFed in ‘risk management’ mode. The Federal Reserve cut its target rate for the Fed Funds by 25 basis points to +4.0% – +4.25%. Only Governor S. Miran voted in favour of a 50 bp cut. According to the statement, this decision was prompted by a ‘shift in the balance of risks’, namely
Wednesday, September 24, 2025 Eco Perspectives Main indicators Eco Perspectives Japan | Stuck In The Middle of Inflation and Tariffs Eco Perspectives United Kingdom | A fragile rebound Eco Perspectives Belgium | Smooth sailing for now, but where to next? Eco Perspectives Spain | Job creation continues to underpin growth Eco Perspectives Italy | Growth