Remember These 5 Business News Headlines on Tuesday Morning: Debt, Holcim, United States, Oil, and War Economy.

The French public deficit has decreased to 4.7% of GDP in 2022

The public debt and the deficit have been reduced according to the latest figures published by INSEE on Tuesday 28 March. The public debt ratio stands at 111.6% when the deficit should have shrunk to 4.8%. Figures much better than those of 2020 and 2021 due to an increase in revenue collected by the State.

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Housing: Holcim and Seqens launch in Gennevilliers the first construction in the world in 100% recycled concrete

The cement giant Holcim and the social landlord Seqens announced on Tuesday March 28 that they were going to build in Gennevilliers near Paris a set of 220 homes using 100% recycled concrete. This is a world first according to the two companies, which want to place themselves in a good position in the race for housing that emits less CO2.

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Energy transition: the United States and Japan have reached an agreement on the exchange of critical materials

The White House announced on Tuesday March 28 the signing of an agreement aimed at facilitating exchanges between the two countries for the supply of critical materials and batteries for electric vehicles. The stated objective is to secure trade in the context of the energy transition, and to compete with China.

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Oil and gas: offshore investments at their highest in ten years

To meet the growing demand for gas and oil in the coming years, investments are on the rise, concentrated in the offshore and in the Persian Gulf. After passing the $100 billion mark in 2022, they are expected to total $214 billion in 2023 and 2024.

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Savings, tax reduction… Ways to finance the war economy (Christophe Plassard, deputy)

As part of a flash mission, the deputy for Charente-Maritime Christophe Plassard (Horizons) is proposing to the government in a report, which will be published on Wednesday, to put in place a proactive policy in terms of financing the industrial and technological base of defense (BITD). One of his ways to finance the war economy. Emmanuel Macron will bring together defense industrialists at the Elysee Palace on Tuesday to take stock of the transition to a war economy.

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ARTICLES BONUS

Happy reading and have a great day

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