INTERNATIONAL. If the financial market believes that Hollande is serious, French interest rates will rise, and the deficit will increase. Ambitious people will refrain from investing and working in a country hostile to income inequality and as a result unemployment will rise as well.
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.