Emmanuel Macron News
12.07 / 17:04
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It's France's moment of truth. Here's how its snap elections work and what comes next
elections that could produce the country's first far-right government since the World War II Nazi occupation — or leave it with no majority emerging at all. Marine Le Pen's anti-immigration, nationalist party National Rally stands a chance of winning a legislative majority for the first time, but the outcome remains uncertain because of a complex voting system and tactical maneuvers by political parties. What's happening Sunday? Voters across France and overseas territories can cast ballots for 501 of the 577 seats in the National Assembly, the lower and most important of France's two houses of parliament. The other 76 races were won outright in the first round of voting.
12.07 / 14:51
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France Prez Emmanuel Macron asks Attal to stay on as prime minister for now
French President Emmanuel Macron on Monday decided to keep his Prime Minister Gabriel Attal in office after parliamentary elections in which the government's political camp lost its role as the strongest party to the left in a hung parliament. «The President has asked Gabriel Attal to remain prime minister for the time being in order to ensure the country's stability,» Macron's office said in a statement. Attal had already flagged on Sunday he would offer his resignation, which follows French political tradition, but added he was prepared to stay in office longer as a caretaker but it was up to the president to decide.
12.07 / 13:46
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Russian-linked cybercampaigns put a bull's-eye on France. Their focus? The Olympics and elections
Ukraine, and major French news sites improbably registered in an obscure Pacific territory, population 15,000. All are part of disinformation campaigns orchestrated out of Russia and targeting France, according to French officials and cybersecurity experts in Europe and the United States. France's legislative elections and the Paris Olympics sent them into overdrive. More than a dozen reports issued in the past year point to an intensifying effort from Russia to undermine France, particularly the upcoming Games, and President Emmanuel Macron, who is one of Ukraine's most vocal supporters in Europe.
12.07 / 13:03
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How the far-right went from 1st to 3rd in France's election
National Rally (RN) has suffered a stinging defeat in the run-off round of France's parliamentary elections, hobbled by electoral pacts between the left and President Emmanuel Macron's centrists. Marine Le Pen and Jordan Bardella's RN led the first round of voting in the election on June 30 but fell back to third in Sunday's second round after the victorious left-wing New Popular Front (NPF) alliance and Macron's second-placed centrists joined forces to avoid splitting the anti-RN vote. The New Popular Front and its allies won 187 seats in the 577-seat National Assembly, Macron's centrist group won 159 seats and the National Rally and its allies won 142 seats, interior ministry figures show.
01.07 / 02:33
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Euro rises after France's first-round vote, yen struggles
euro rose on Monday after the first round of France's snap election put the far-right in pole position, though by a smaller margin than projected, while a downgrade to Japan's first-quarter growth figures knocked the yen lower. Marine Le Pen's far-right National Rally (RN) party won the first round of France's parliamentary elections on Sunday, exit polls showed, although analysts noted the party won a smaller share of the vote than some polls had initially projected.
28.06 / 17:19
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International
Europe a better place to visit than invest, advisors say
European stocks are cheap relative to US equities from a valuation perspective. And they got even cheaper recently, dipping after French President Emmanuel Macron called for a snap election amid the rise of the National Rally party’s Marine Le Pen.
26.06 / 12:51
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French consumers feel bleaker amid political turmoil
French consumers are feeling less confident about their prospects amid surprise elections, a fresh headwind for the country’s fragile economic recovery. A measure of confidence compiled by France’s statistics agency fell to 89 in June from 90 in May, according to a survey released Wednesday, in which a reading of 100 represents the long-term average for consumer sentiment. Consumers reported worsening feelings for the quality of living in France in the months ahead, as well as for their own future savings’ prospects and willingness to make major purchases.
25.06 / 01:41
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International
French far-right leader Bardella seeks to reassure voters, EU partners on economic, foreign policies
French far-right leader Jordan Bardella has sought to reassure French voters, European partners and international observers that his potential government would lead “realistic” economic policies and “not weaken” France’s voice abroad
24.06 / 10:07
European Union
Ukraine war
Customers
FTX says it will return money to most crypto customers nearly 2 years after catastrophic demise
Fallen cryptocurrency exchange FTX says that nearly all of its customers will receive the money back that they are owed, two years after its spectacular implosion, and some will get more than that.
21.06 / 07:35
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French Jews consider unthinkable: Voting for a party with an antisemitic past
PARIS—Serge Klarsfeld is a world-renowned Nazi hunter, a historian of the Holocaust and a moral authority in France who has pushed the country to reckon with its dark history of antisemitism. That is why many in France were shocked this week when Klarsfeld defended the far-right party of Marine Le Pen, which counts among its founders a former Nazi paramilitary soldier.
20.06 / 17:47
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French prime minister seeks to step out from Macron's shadow in the upcoming early election
France’s prime minister hopes to emerge from the campaign for the early legislative election not only still holding the job that President Emmanuel Macron gave him less than six months ago but also as more of his own person
20.06 / 10:57
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France's Macron, African leaders push for vaccines for Africa after COVID-19 exposed inequalities
French President Emmanuel Macron is joining African leaders to kick off a planned $1 billion project to accelerate the rollout of vaccines in Africa
20.06 / 02:25
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US billionaire eyes TikTok takeover to save internet from Big Tech
McCourt, a US real estate billionaire, aims to buy TikTok to rescue the internet from the clutches of major platforms that he firmly believes are destroying society and endangering children. In the United States, McCourt is best known as the former owner of the Los Angeles Dodgers baseball team, while in Europe he is the current proprietor of storied football club Olympique de Marseille that counts French President Emmanuel Macron among its fans.
19.06 / 18:53
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International
Far-right leader Bardella backpedals on taking France out of NATO strategic military command
The far-right leader angling to become France’s prime minister after the country’s upcoming parliamentary election has backtracked on the party’s previous promise to pull out of NATO’s strategic military command
19.06 / 11:09
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EU criticizes France for excessive debt, putting pressure on Macron during election campaign
The European Union’s executive arm is criticizing France for running up excessive debt, a stinging rebuke at the height of the election campaign where President Emmanuel Macron is fighting off challenges of the extreme right and the left
18.06 / 17:43
18.06 / 05:33
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U.S. foreign policy wanders aimlessly
Rome Giorgia Meloni was the winner of last week’s Group of Seven meeting. Whether giving French President Emmanuel Macron the stink eye or stitching up a deal to increase Italy’s clout in the European Union, the Italian prime minister had a good summit. Once stigmatized as a neofascist from the fringes of Europe’s hard right, Ms.
17.06 / 19:53
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This is what Kylian Mbappe asked the people of France to do in the upcoming elections
Kylian Mbappe has urged the youth of France to defeat ‘extremist forces’. The captain of the French football team also added that “extremes are knocking on the door of power” and the country is at a critical moment and these forces will need to be stopped. He made these comments ahead of the Euro 2024 tournament in Germany. These comments came ahead of various surveys which are predicting a massive loss for the Renaissance party of French President Emmanuel Macron and the victory of a far- right party led by Marine Le Pen.
17.06 / 15:51
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Dollar eases against euro as European political jitters subside
euro on Monday, as the common currency recovered from the more than one-month lows hit last week driven by political turmoil in Europe. The euro was up 0.1% to $1.0718 on Monday, rebounding from the six-week low of $1.066775 touched last week following news of a snap parliamentary election in France.
17.06 / 11:37
17.06 / 09:01
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shock
Paris stock market no longer Europe's biggest, top French firms lost over 10%
France’s political upheaval has led the country to lose its spot as Europe’s biggest equity market, less than two years after stealing that title from the UK. President Emmanuel Macron’s shock announcement of a snap election sparked a rout that wiped off about $258 billion from the market capitalization of French firms last week. Shares of banks Societe Generale SA, BNP Paribas SA and Credit Agricole SA all big holders of government debt lost more than 10% each.
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