Personal Blogs

Countries present different economic strategies such as cutting bank reserve ratio for China. That will allow to boost growth. Others, such as the UK, prefer focusing on reducing inflation and cutting interest rates, for example. 

Reducing inflation does not mean that consumption will increase and the number of jobless will decrease. Investors are looking for positive results and long-term confidence. Pressures are in every sector at the international, regional, and local levels.

China cuts bank reserve ratio to boost growth as sentiment sours (ft.com)

Five charts explaining the UK’s economic prospects in 2024 | Economics | The Guardian

UK has lacked coherent economic strategy for years, thinktank finds | Economic policy | The Guardian

Home page - OECD

United Kingdom’s Long-Run Prosperity Hinges on Ambitious Reforms (imf.org)

US Economics Analyst: 2024 US Economic Outlook: Final Descent (goldmansachs.com)

7 economic trends to watch in 2024 | Stanford Institute for Economic Policy Research (SIEPR)

Italy should boost investment, strengthen ongoing civil justice and competition reforms, and tackle public debt - OECD

Economy (tandfonline.com)

https://www.wsj.com/tech/ai/artificial-intelligence-questions-answered-137f116c

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There are two ways to manage a supposed 'local' conflict:

- you consider a conflict as a local one and decide not to act. The risk is that you let a movement grow and reinforce without surveillance. You will be attacked in the next few years at the commercial, financial, and economic levels and sometimes at the security level.

- you consider that local conflicts do not exist. The world has always connections, supports, and an opinion about a conflict, you act to stop the spread. Even if a crisis may appear. We must act to live in a well-balanced world. Let's try all together.

Houthis attacked in the Red Sea is not a local conflict. Before the USA and the UK intervened, this movement was international. The conflict does not become international because of the USA and the UK. 

'The Pan-Arabist government, meanwhile, attempted to accelerate an ongoing alignment of the Zaydī sect with modern trends in Sunni exegesis.' There is always a conflict between Shiite and Sunni movements. Houthis support Hamas supported by Iran, supported by Russia.

Pakistan had been attacked this morning by Iran. 'Pakistan says attacks killed two children in ‘unprovoked violation’ of its airspace. Iran (Shiite) strikes Sunny militant bases in Pakistan.' Russia, Belarus, North Korea, and China are not far. Belarus declared this week that we must change the rules to use nuclear weapons. They want to be closer to Russia. Russia has always wanted access to warm seas. 

The access to the Red Sea is complicated. A map explains the problem. Commercial traffic has been highly risky for several years. Then, how to import goods from Asia to Europe if you cannot use it this way by cargo ship? You have to circumnavigate Africa. This is too long, too expensive. This issue has existed for decades. Terrorist movements use false arguments to develop their doctrine. More than 20 countries support the US in that decision.

Iran strikes ‘militant bases’ in Pakistan in latest Middle East flashpoint | Iran | The Guardian

Houthi movement | Yemen, History, Leader, & Goals | Britannica

What is the Red Sea crisis and what are the global implications? - ABC News

Red Sea Rivalries: A Conflict of Interests - Narrated by David Strathairn - Full Episode (youtube.com)

What is U.S.-led Red Sea coalition and which countries are backing it? | Reuters

Russia-Ukraine war live: Protesters clash with Russian police after activist jailed; Ukraine plans to ‘throw Russia from skies’, says minister (theguardian.com)

Letter from the editor: a testing year for democracy  (ft.com)

Forgive me 😇 if I can't read the future in a crystal ball🔮Nothing is sure and definitive.

The world 🗺️ is constantly changing. In democracies, political and economic strategies are presented but they are not applied at every level as the authors want. They are discussed, interpreted, amended, and excluded sometimes. So, changes are not always the ones announced a few months ago.

We will live several general elections such as Pakistani, Finland, Indonesia, USA, Azerbaijan, Iran, Portugal, Russia, India, and South Africa. More than half the world goes to the polls this year. Even if we guess who will win in several countries such as Iran, Russia, and the Republican Party Primary in the USA, the most important is what the next step is. What is the political strategy orientation of South Africa, Iran, and Russia for the next few years? 

Every political strategy has repercussions on international and local political, economic, and commercial movements. Radicalism attracts other radicalisms. Will citizens choose a demagogue? Demagogues attract demagogues. We are in an international domino game. One crisis leads to another one. If a country chooses a far-right or far-left candidate, other countries will react. Antisemitism and racism increase. This is not good for a global balanced future.

There is another problem. An important part of the population follows the news via social media. This is very dangerous because there is no analysis, nothing is checked. False news are spread. Readers do not check anything and believe what they read. As a former European Correspondent for Shephard Press - UV Magazine and an IISS member, I am shocked to see that newspapers are less read.

What’s ahead in 2024: calendar of the year | World news | The Guardian

Key elections in Africa in 2024 - Oxford Economics

Africa 2024 elections: Stability at stake? – DW – 01/03/2024

More than half the world goes to the polls in 2024. South Africa is one to watch : NPR

The International Institute for Strategic Studies (iiss.org)

These are the biggest global risks we face in 2024 and beyond | World Economic Forum (weforum.org)

For those looking for a last-minute present and wish not to waste money, let me suggest two exciting books written by Robert Curtis. Robert is a Vet and a Marine.

There are: * Surprised at Being Alive: An Accidental Helicopter Pilot in Vietnam and Beyond

                  * The Typhon truce, 1970

When you open the books and begin reading, you won't be able to stop. They are more captivating and fascinating than any bestseller thrillers because those stories are true. Robert is a very courageous and brilliant Marine.

Allow me to copy and paste the first paragraph of Surprised at Being Alive: An Accidental Helicopter Pilot in Vietnam and Beyond:

'Sometimes you do everything right, but it just isn’t your day. A part fails and your helicopter comes apart in flight, or, another aircraft runs into you and the pieces of both fall to the ground below, or the enemy gunner pulls the trigger at just the right moment and his rounds find your aircraft in exactly the right spot to take it out of the sky. Whichever way it happens, it wasn’t your day.'

Enjoy and Happy Holiday

To be able to maintain a good level of balance sheet or to increase its level, we need to draw strong strategic management. By strategic management, I mean the process for conducting the entrepreneurial activities of a firm for organizational renewal, growth, and transformation.

Company missions are:

                         - basic product or service

                         - primary markets

                         - principal technology used

                         - customer satisfaction, quality, and societal goals

                         - company philosophy

                         - self-concept (identity)

The environment is:

                       - economic

                       - social-demographic

                       - political-legal

                       - technological

                       - cultural

                       - ecological-natural

We define an industry with the following points:

                       - products

                       - competitors

                       - structure (number, size, relative strenght, market share of competitors, product differentiation)

                       - economic traits

                       - critical success factors

                       - entry barriers