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The 5 economic news to remember this Wednesday morning (CFDT, ECB, cryptocurrencies, Rafale, Thales Alenia Space)

January 4, 2023 by mycatalyst.store

Retirement age: “I have a feeling it will be 64, that’s unacceptable” (Laurent Berger (CFDT)

The CFDT will mobilize “in the event of the legal retirement age being raised to 64 or 65”, warned its general secretary, Laurent Berger, as he left a meeting in Matignon. An increase to 64 seems to be emerging for him, he told RTL on Tuesday, a level deemed “unacceptable”. For his part, François Hommeril, the president of the CFE-CGC which defends the interests of the leaders, also explained that the reform is “unjustified” and “unjust” for some. On the other hand, the president of the Confederation of SMEs (CPME), François Asselin, welcomed a “balanced” pension reform project.

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According to the Governor of the Bank of Latvia, the ECB is expected to raise rates again in February and March 2023

Latvian central bank governor Martin Kazaks told Bloomberg on Tuesday that he expects further significant rate hikes from the European Central Bank at upcoming meetings in February and March. The guardian of the euro raised rates by 0.5 percentage points at its meeting on December 14th. Since the spring, it has raised its rates from 0% to 2-2.5%.

Archive photo of the ECB building in Frankfurt

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FTX: for the Fed “the activity linked to cryptocurrencies is very likely incompatible with safe and sound banking practices”

The US central bank (Fed) and two US regulators are alerting the US banking sector to risks associated with cryptocurrency activity, nearly two months after the fall of industry giant FTX. At the same time, the former platform chief pleaded not guilty to the eight counts brought against him on Tuesday.

ftx founder Sam Bankman Fried arrives on the day of his federal court hearing in Manhattan

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Exclusive – India: Rafale Marine order in sight for Dassault Aviation

India may announce the selection of Dassault Aviation’s Rafale Marine in March during Emmanuel Macron’s visit to New Delhi.

Rafale Marine Dassault Aviation DGA

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Interview – “We have world leaders in Europe winning contracts all over the world” (Hervé Derrey, CEO of Thales Alenia Space)

In an interview with La Tribune, Thales CEO Hervé Derrey explains the reasons for the satellite manufacturer’s success over the past two years. This success can be explained in particular by the mastery of the “Digital Transparent Processor” (DTP) technology, which is crucial for the performance and flexibility of the satellites. This capability is highly sought after by satellite operators. It evokes the ambitions of Thales Alenia Space in the field of constellations and of ExoMars, one of the most emblematic programs in Europe.

Hervé Derrey CEO of Thales Alenia Space

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BONUS ITEM – MAINTENANCE- Inflation: “The alignment of the planets is not good committed to 2023” (Axel Champeil)

Happy reading and have a good day.

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