The Guardian (Free subscription) | yesterday
... forces. "It doesn't make sense to say no, no, no to everything straight away," said Henri Guaino, adviser to French president Nicolas Sarkozy. "For the moment, no decision has been made one way or the other." The German foreign minister, Guido Westerwelle, made clear that Berlin too was in no rush to oblige the US. He said Obama "took his time to work out...
French Politics (Free subscription) | 11/13/2009
There will be no blogging this afternoon because I will be attending a conference at Harvard. The session will bring together Amartya Sen and Jean-Paul Fitoussi, two of the three prime movers behind the Sarkozy-inspired initiative to invent new measures of social success (the practical translation of Henri Guaino's idea of the state as the shaper of "civilization"). They will...
French Politics (Free subscription) | 11/03/2009
" Imprivatisable ," opined Christian Estrosi, innovating with bravitude where the authors of the Dictionnaire de l'Académie might fear to tread. Already the voters of the Left, impavide , had responded to the clarion call of France's ubiquitous postman-in-chief: No pasaran! But now Henri Guaino, ce fêlé ( dixit Sarko), says that, well, maybe nothing is forever,...
What Really happened (Free subscription) | 10/21/2009
The United States is pumping out liquidity to try to inflate away its debt, leading to the depreciation of the U.S. dollar, Henri Guaino, a top advisor to French President Nicolas Sarkozy said on Tuesday. WRH permalink
Climateer Investing (Free subscription) | 10/22/2009
Our old pal, Ambrose the morose, reporting for the Telegraph: France has given its clearest indication to date that the surging euro is a threat to Europe's fragile recovery and will not be tolerated for much longer. "The euro at $1.50 is a disaster for the European economy and industry," said Henri Guaino, right-hand man of President Nicolas Sarkozy. The currency has risen...
George Washington's Blog (Free subscription) | 10/21/2009
A top advisor to French President Nicolas Sarkozy - Henri Guaino - said on Tuesday that hat the United States was "flooding the world with liquidity" to try to inflate away its debt. But as UBS economist Paul Donovan, prominent economist Michael Hudson and others have shown , it is a myth that governments can inflate their way out of debt traps. As I have previously noted, trying...
Market Watch (Free subscription) | 10/21/2009
... at a record low 1%. The U.S. Federal Reserve, meanwhile, has left its key lending rate near zero. Henri Guaino, a top aide to French President Nicolas Sarkozy on Tuesday, said the euro at $1.50 "is a disaster for European industry and the economy," Reuters reported. A day earlier, French Finance Minister Christine Lagarde, speaking to reporters after a meeting in Luxembourg of euro-zone...
Xinhuanet (Free subscription) | 10/21/2009
... industry and the economy and results from the policy aimed at inflating away its debt, said Henri Guaino, a top adviser to French President Nicolas Sarkozy. The single currency touched 1.4994, highest level in 14 months, in Asian trading hours of Tuesday. It retreated in New York trading after failing to breach the technical barrier of 1.50 dollars. The euro bought 1.4928 dollars...
