
The French government plans to freeze the income tax scale for 2026, while Russia faces a major economic slowdown after a period of growth boosted by the war effort.
AI-generated summary
The 2026 draft budget includes tax measures. Russia is experiencing economic turmoil after a period of growth linked to the war effort.
Freezing the income tax scale: an effort “of a few euros per month for a few hundred thousand households”
The impact of this measure, included in the 2026 draft budget, is “proportionally much smaller than that which we will ask of wealthier and wealthier households,” underlines Amélie de Montchalin.
Sluggish growth, inflation, budget deficit: are we witnessing the end of Russian “military Keynesianism”?
DECRYPTION - After years of insolent growth boosted by the war effort, Russia is entering an unprecedented zone of turbulence.

Vincent Lévita, president of InfraVia, highlights the short-term economic and social risks in France following the October riots, while reaffirming the importance of maintaining a long-term investment vision.
An anonymous audit using AI challenges the work of economists Emmanuel Saez and Gabriel Zucman. This controversy comes before the vote on Proposition 40 in California, a wealth tax that the two researchers helped develop.

Vincent Lévita, president of InfraVia, anticipates a period of economic and social uncertainty in France until the next elections. He highlights the impact of the riots on consumption while recalling the need to maintain a long-term investment vision.

Summary of three current issues: the theft of hafnium from Framatome in Jarrie, the impact of Donald Trump's customs policies on the global automobile industry, and suspicions of corruption targeting the management of Malakoff Humanis.

Alstom is going through a new crisis after the announcement of a profit warning and a fall of more than 25% in its stock market share. Operating margin fell to -4% due to execution issues on the Coradia Max train in Germany.

Alstom shares collapsed by more than 30% on the Paris Stock Exchange following a second profit warning linked to production difficulties for Coradia Max trains.