France is the second largest Euro zone economy
- At the peak of the European crisis in 2011-12, the yield spread even for the French started to increase against the German counterpart.
- Since the easing of the peak crisis, by pledge for banking union and "Whatever it takes" speech by Mr. Draghi, the scenario has not played out.
- French government is asking the European Commission for another extension of three years to meet the targeted budget deficit of 3%. They have already availed two such extensions.
- Recent trend shows French economy is not doing well compared to other partners. Recent PMI decelerated fast to near 47, whereas Germans kept growing at 50.9. Even some of the troubled economies like Spain, Ireland have started doing better.
This has so far been ignored & may remain so as ECB to start of the printing press, but could be played out eventually.


USA at 250: the Black American struggle for life, liberty and the pursuit of happiness
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook
In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land
Trump has made more than $1 billion from crypto in a year. How?
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’
Smartphones are helping filmmakers tell the stories the movie industry overlooks
Vietnam’s population hit the 100 million milestone. Where’s it headed?
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails 



