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Inflation vs sanctions: a difficult choice for Westerners

Audio 48:30

A display shows fuel prices per liter at a petrol station in Ebersburg near Fulda, Germany, March 7, 2022. REUTERS - THILO SCHMUELGEN

By: Bruno Faure Follow

4 mins

So that was the next world!

The story of a world that we hoped would be better after the pandemic, after the first months of confinement in 2020: a prosperous world from an economic point of view, when the restrictions were lifted, but also a world more respectful of the environment, more solidarity between rich and poor, between developed and less developed countries. 

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Instead, what do we have?

A war involving one of the great powers of the planet, a generalized inflation which bursts the ceilings in Europe and the United States, food and energy crises, shortages of goods and labour. 

Without making catastrophism, what to expect for the next weeks and the next months?

China is licking its zero-Covid wounds, recession is looming over the United States, Westerners are battling against inflation.

Many countries facing energy problems are reactivating their coal-fired power plants and activating ever-stronger sanctions against Russia, which is engaged in a merciless military fight in Ukraine.

Are they right to go so far?

Who will win the game?  

OUR FIRST GUEST 

Agathe Demarais,

director of global forecasts at

the Economist Intelligence Unit (EIU)

, the independent research center of The Economist magazine.

Member of the expert network of the World Economic Forum.

His book, 

Backfire

, which focuses on the side effects of US sanctions, will be published in late 2022 by Columbia University Press. 

Agatha Demarais.

© Personal collection/Agathe Demarais

OUR EXCLUSIVE INTERVIEW 

In the second part of the program, you will be able to hear a long exclusive interview granted by the leaders of Huawei in Africa.

Philippe Wang

, Executive Vice President of Huawei Northern Africa, and Colin Hu, President Enterprise & Cloud of Huawei Northern Africa, unveil their strategy for the coming years.

Cloud, data protection, cybersecurity, smart cities, network coverage.

They also respond to criticism aimed at the group and accusations of espionage. 

Philippe Wang, executive vice-president of Huawei Northern Africa, at the microphone of Bruno Faure.

© Huawei

Interview with Philippe Wang and Colin Hu, the leaders of Huawei in Africa

OUR REPORTS

  • It's back to China!

    For the first time in 4 months, manufacturing activity and services are up.

    A recovery linked to the drop in contamination and the lifting of health restrictions.

    The “multinational summit” was held in Qingdao on the east coast of the country.

    For this third edition, there was a lot of talk about robots.

    Report by our correspondent

    Stéphane Lagarde

© Stephane Lagarde/RFI

China: manufacturing activity resumes its course

  • It is the nugget of digital in Tunisia.

    Go My Code

     " specializes in computer coding courses and is a success that now goes beyond Tunisian borders.

    Casablanca, Abidjan, Dakar, Lagos, Cairo, and soon Kigali, Accra or Nairobi.

    The company in the EdTech sector wishes to accelerate its conquest of the African continent.

    It all started in Tunis.

    Our correspondent

    Amira Souilem

     slipped into the benches of this rather special school to try to uncover the reasons for this success. 

"Go My Code", digital nugget in Tunisia.

© Amira Souilem/RFI

Tunisia: "Go My Code", the nugget of digital

OUR LAST INTERVIEW

Inetum

 is one of the largest French digital service companies.

With 27,000 employees worldwide and a turnover of 2.2 billion euros in 2020, it has just changed its reference shareholder.

Bain Capital took over from Qatari Mannaï.

This is a new stage in the development of this company which intends to strengthen its presence in Africa.

Its CEO

Vincent Rouaix

is ​​interviewed by

Olivier Rogez

Vincent Rouaix.

© Inetum

Interview with Vincent Rouaix, CEO of Inetum

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