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☆ A Tiny Circle of Advisers Helped Prod Macron to Take a Giant Risk
▼ + stars: | 2024-06-27 | by ( Roger Cohen | ) www.nytimes.com time to read: +1 min

His prime minister was among the last to know. That is how secretive, how confined to a small group of advisers President Emmanuel Macron’s shock decision to dissolve Parliament and call French legislative elections was. Gabriel Attal, 35, was a personal favorite, his wunderkind, when Mr. Macron named him prime minister in January. Mr. Macron’s style has always been intensely top-down, but this time he has played with the possibility of ushering in the once unthinkable in the form of a far-right government. A photograph posted by Mr. Macron’s official photographer on Instagram captured the dismay when, on June 9, Mr. Macron told his government of his decision.

Persons: Emmanuel Macron’s, Gabriel Attal, Macron, dumbfounded, Instagram, Attal, Darmanin Organizations: National Rally

☆ Biden may let US defense contractors deploy to Ukraine, but not like in Iraq and Afghanistan: report
▼ + stars: | 2024-06-26 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Read previewPresident Joe Biden's administration is moving toward a plan that would allow US military contractors to deploy to Ukraine for the first time in a limited capacity, CNN reported. Advertisement"The President is absolutely firm that he will not be sending US troops to Ukraine," they added. AdvertisementThey also said that the move would likely see numbers from just a few dozen, up to around 200, contractors in Ukraine at any one time. In February, European leaders balked at French President Emmanuel Macron's statement that the deployment of Western troops to Ukraine should not be ruled out. Allowing US private contractors to go to Ukraine would not be the first time that the Biden White House has crossed its self-imposed red lines regarding support for Ukraine.

Persons: —, Joe Biden's, Biden, Emmanuel Macron's, Macron Organizations: Service, CNN, Pentagon, Business, NATO, Biden White Locations: Ukraine, Iraq, Afghanistan

☆ The fertility crisis is here and it will permanently alter the economy
▼ + stars: | 2024-06-25 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

In the 1960s, there were six people of working age for every retired person, according to the World Economic Forum. “What you’re seeing is increased spending on programs like Medicare and Social Security as the baby boomers are aging into those programs. And then of course, fewer workers relative to the number of people who are receiving Social Security and Medicare benefits,” said Dahl. Social Security payments still provide about 90% of income for more than a quarter of older adults in the United States, according to Social Security Agency surveys. But without intervention, the Social Security trust fund will be depleted by the mid-2030s, meaning that only a portion of retirees’ expected benefits will be paid out.

Persons: it’s, Louis, Simona Paravani, ”, Elon Musk, Kimberly, Clark, Mark Schneider, he’s, Emmanuel Macron, Donald Trump, Molly Dahl, Dahl, Eric Schmidt, ” Schmidt, Goldman Sachs, Stefano Scarpetta, Li Qiang, Juliana Liu, Joyce Jiang, Li, China’s, Xi Jinping, Biden, Max Prosecutors, haven’t, Max, Read Organizations: London CNN, Organisation for Economic Co, Development, Economic, Federal Reserve Bank of St, BlackRock, Disease Control, Congressional Budget Office, CBO, Social Security, Social, Social Security Agency, Google, Summit, Federal Reserve Bank of Richmond, OECD, ” Companies, West Chinese, CNN, EV, Prosecutors, Boeing, Max, US Justice Department, Alaska Air, Justice Department, Federal Aviation Administration Locations: Chad, Niger, Somalia, Samoa, Tonga, Tajikistan, United States, London, China, Beijing, Dalian, Canada, Beijing’s “

☆ Paris Men’s Fashion Week: Bold statements, A$AP Rocky’s surprise debut and Dries Van Noten’s farewell
▼ + stars: | 2024-06-25 | by ( Alice Pfeiffer | ) edition.cnn.com time to read: +7 min

Editor’s Note: CNN Style is one of the official media partners of Paris Fashion Week. This past week, fashion designers converged in the city for Paris Fashion Week Spring-Summer 2025 menswear collections — but nothing was business as usual. Swan Gallet/WWD/Getty ImagesRapper A$AP Rocky, too, made a statement for his Paris Fashion Week debut — a secret show for his label AWGE, which launched earlier this year. On the runway, models marched with their heads covered by American eagle flags, wore slogans like “Don’t be Dumb” and carried plastic bags filled with cash. The latest Comme des Garçon collection featured lashings of Barbie pink and frothy tulle skorts.

Persons: Emmanuel Macron, Rick Owens, White, Love ”, ”, Swan, Karl Lagerfeld’s, Rihanna, Casey Affleck, Jonathan Anderson, Willy Chavarria, Louis Vuitton, Victor Virgile, Pharrell, Colm Dillane, Junya Watanabe, Peter White, Jeanne Friot, ” Friot, Garçons, skorts, ruffles, Taakk, Andy Warhol, Jean, Michel Basquiat, — Jérémie, Aurélien, —, Van Noten's, Daniele Oberrauch, Van Noten, Donna Summer’s “ Organizations: CNN, Paris, Paris CNN —, Summer, sport’s, Palais, Army, Paris Fashion, UNESCO, Air Afrique, XXL, Getty, Studio Locations: Paris, Paris CNN — Paris, Tokyo, Belgian

☆ Why Europe’s youth are flirting with the far-right
▼ + stars: | 2024-06-25 | by ( Christian Edwards | ) edition.cnn.com time to read: +11 min

In this month’s European Parliament elections, far-right parties performed predictably well – but especially, and unexpectedly, among young people. Far-right parties enjoyed a similar uptick in support in the Netherlands, Spain, Portugal, Austria, and continued to do well in Italy. Gonzalo Fuentes/ReutersBut young voters appear less concerned by these roots, says Simon Schnetzer, author of a recent survey of Germany’s youth. But the burst in support for far-right parties could spell a darker trend. This success of far-right parties should be a warning to Europe’s mainstream.

Persons: CNN — Pollsters, “, –, ”, Roberto Foa, ” Foa, “ I’m, Alice Weidel, Tino Chrupalla, Annegret Hilse, You’d, Le Pen, Donald Trump, Emmanuel Macron, Jordan Bardella, Arthur Prevot, Macron’s, Prevot, Macron, Jonathan Verbeken, Gonzalo Fuentes, Simon Schnetzer, “ Young, Lee Heinrichs, ” Heinrichs, Ursula von der Leyen, Maximilian Krah, ” Nigel Farage, Maja Smiejkowska, Nigel Farage –, Farage, Andrew Tate, emasculated, Tate –, Tate, shouldn’t, vociferously, Foa Organizations: CNN, Centre, Democracy, University of Cambridge, National, Confederation, Reuters, White House, German Green Party, Greens, Reform UK Locations: United States, United Kingdom, Brussels, Europe, Germany, Poland, Netherlands, Spain, Portugal, Austria, Italy, Berlin, Britain, Jordan, Paris, France, Paris ’, Marseille, Ukraine, Syria, Sylt, Deutschland, London, Romania

☆ No punches land in France’s first major election debate
▼ + stars: | 2024-06-25 | by ( Joshua Berlinger | ) edition.cnn.com time to read: +4 min

Paris CNN —Three of France’s highest-profile candidates in the country’s upcoming legislative elections sparred in the first major debate of the campaign on Tuesday. Bardella led the National Rally to a dominant showing at the European elections on June 9. He was elected to the French National Assembly in 2022 representing Marseille and is a member of the far-left political party France Unbowed. The move took the French political establishment and society at large by surprise. He’s also assuming that French voters use the runoff, as they have historically, to keep the far right out of power.

Persons: Gabriel Attal, Jordan Bardella, Manuel Bompard, Attal, Bardella, ”, Jean Petaux, Emmanuel Macron, Macron, He’s, pollster IFOP Organizations: Paris CNN —, National, French National Assembly, National Rally, National Assembly Locations: Marseille, France, French

☆ France’s Far-Right National Rally Rebranded Itself. Here’s How.
▼ + stars: | 2024-06-25 | by ( Catherine Porter | ) www.nytimes.com time to read: +1 min

For decades, the National Rally was the pariah of French politics — deemed so dangerous that politicians from other parties refused to engage with its members. Mr. Macron soon called a surprise snap election for the powerful National Assembly, and polls suggest that the National Rally might be poised to win those, too. Jordan Bardella, the party’s president, is jockeying to become the country’s next prime minister — something that just 10 years ago would have been unthinkable. He is scheduled to face off against two adversaries, including Prime Minister Gabriel Attal, in a much-anticipated debate on Tuesday night. If his party manages a big win in the election, Mr. Bardella could become prime minister, name cabinet members and derail much of Mr. Macron’s domestic agenda.

Persons: —, Emmanuel Macron’s, Macron, Jordan Bardella, Gabriel Attal, Bardella Organizations: National, National Assembly Locations: France

☆ Opinion | What Voters in France and Britain Really Want
▼ + stars: | 2024-06-25 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +1 min

In France, a snap National Assembly election has delivered a distressing first-round victory for Marine Le Pen, long the bête noire of European liberalism, and a humiliating defeat for President Emmanuel Macron, almost a caricature of the continental elite. At present, the British elections appear set to deliver for Labour the most thumping victory any party has achieved in any mature democracy for at least a generation. Some suggest a 4-to-1 margin is plausible, and Conservative efforts to warn voters of a coming left-wing supermajority appear to have backfired, making them instead much more likely to support Labour. (And the party is expected to only win about 40 percent of the national vote in a low-turnout election.) But after 14 years of Tory government, a 3-to-1 or 4-to-1 Labour Parliament would still be a truly historic shift.

Persons: Emmanuel Macron, Keir Starmer Organizations: Labour, Tories Locations: France, Britain

☆ He's only 28 but has revitalized France's far right: Meet the man who could be the country's next prime minister
▼ + stars: | 2024-06-25 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Soon, he could well become prime minister if RN wins an absolute majority in the forthcoming parliamentary elections — and he's only 28. Bardella's rise from party spokesman in 2017 to party president over the course of five years is somewhat remarkable for a man who is only 28. Bardella excelled in economics and social sciences at a private college and joined National Rally — then known as the National Front — at the age of 16. Two years later, he became a Member of the European Parliament (MEP) before being made party president in 2022. Jordan Bardella, president of the National Rally, speaks to members of the media as he arrives at Medef in Paris, France, on Thursday, June 20, 2024.

Persons: Jordan Bardella, Julien De Rosa, Bardella, Denis, Joseph Downing, Pen, Jean, Luc Mélenchon, Frederic Chatillon, Le Pen, Le, —, Critics, Francois Lo Presti, Macron, Holger Schmieding, Bardella's, Emmanuel Macron's Organizations: Afp, Getty, National, CNBC, National Rally, Paris Sorbonne University, London School of Economics, European Institute, National Assembly, Le, Palais des Sports, Nurphoto, cri, Union, NATO, Berenberg Bank, Popular, Bloomberg Locations: Paris, Villepinte, France, Bardella, Drancy, Paris suburb, Seine, Montmorency, Morocco, Henin, Beaumont, Ukraine, French, Medef

☆ The stock market is having its best election year ever
▼ + stars: | 2024-06-24 | by ( Nicole Goodkind | Matt Egan | ) edition.cnn.com time to read: +9 min

The S&P 500 alone has generated an average return of 7% during presidential election years since 1952, according to LPL Financial. If you limit that to election years in which the incumbent president is running for reelection, the average jumps to 12.2%. Yes, but: Market volatility in an election year tends to pick up in October and there are many months left in this cycle with potential surprises to come. “An autumn pullback fits well time wise with potential downside earnings revisions, make-or-break decision time for the Fed, and election uncertainty. The first round of the French election will be held on June 30, with a second round on July 7.

Persons: Goldman Sachs —, Ed Clissold, Ned Davis, they’re, It’s, Goldman Sachs ’ Scott Rubner, “, ”, Mark Hackett, Scott Chronert, Goldman Sachs, Joe Biden, Donald Trump, Jim Reid, There’s, Emmanuel Macron, Katie Nixon, Chris Isidore ., they’ve, Samantha Murphy Kelly, ChatGPT —, Siri —, OpenAI, Siri, ChatGPT, hasn’t, — Organizations: London CNN — Traders, Investors, White, Ned, Ned Davis Research, Nasdaq, Citigroup, Goldman, Barclays, Deutsche Bank, UBS, Deutsche, Fed, United, Labour Party, Renaissance, Northern Trust Wealth Management, Alaska Airlines, Alaska —, Southwest —, Southwest, Railway Labor, Apple, Apple Intelligence, Microsoft, Google, Meta, Samsung, Cyberspace Administration, Wall, IDC Locations: United States, France, “, Alaska, China

☆ Dollar steady ahead of inflation reading; yen teeters toward 160
▼ + stars: | 2024-06-24 | by ( ) www.cnbc.com time to read: +3 min

The dollar was steady on Monday as traders looked ahead to fresh clues on the U.S. inflation path that will likely influence interest rates, while talk from Japanese authorities did little to temper the yen's decline back the round number of 160. The dollar was steady on Monday as traders looked ahead to fresh clues on the U.S. inflation path that will likely influence interest rates, while talk from Japanese authorities did little to temper the yen's decline back the round number of 160. The yen weakened to 159.94 per dollar in early trade on Monday, its lowest since April 29, when the yen touched a 34-year low of 160.245 leading to Japanese authorities spending some 9.8 trillion yen to support the currency. "The combination of slowing activity, a loosening labor market and slower inflation readings make us increasingly confident that the Fed will begin reducing policy rates in September," Citi said. The Australian dollar was last at $0.6640 and the New Zealand dollar was little changed at $0.6113.

Persons: Masato Kanda, Carol Kong, Emmanuel Macron, Christopher Wong Organizations: Bank of, Commonwealth Bank of Australia, Reuters, Citi, Fed, National, New Zealand Locations: Japan, U.S

☆ Former Colonies Want France Out. This African Nation Says, Bienvenue!
▼ + stars: | 2024-06-24 | by ( Abdi Latif Dahir | Guillem Sartorio | ) www.nytimes.com time to read: +1 min

After decades of wielding political, military and economic power across Africa, France is scaling back its presence on the continent as it faces significant resentment in many of its former colonies. Yet one nation has emerged as an exception: Rwanda. In return, French companies are scaling up their investments in Rwanda. The détente, which is being championed by Rwanda’s longtime leader, Paul Kagame, has garnered France a much-needed security partner in Africa and secured Rwanda millions of dollars in development and trade funds. “We have a partner in Kagame,” Hervé Berville, a French minister of state, said in an interview in the Rwandan capital, Kigali.

Persons: Rwanda’s, Paul Kagame, Emmanuel Macron, Kagame, ” Hervé Organizations: France Locations: Africa, France, Rwanda, Paris, French, Rwandan, Kigali

☆ France’s Far-Right Leader Says the National Rally Is Ready to Govern
▼ + stars: | 2024-06-24 | by ( Aurelien Breeden | ) www.nytimes.com time to read: +1 min

Jordan Bardella, the president of France’s far-right National Rally, insisted at a news conference on Monday that he would be a prime minister for all French people if his party won the country’s upcoming snap elections, even as he defended his party’s proposal to bar French citizens with dual nationalities from certain “sensitive” jobs. Mr. Bardella spent much of the event focusing on his priorities should he become prime minister — drastically reducing immigration, toughening sentences for those convicted of certain crimes and lowering energy prices — if his nationalist party won a snap election for France’s lower house of Parliament. The election was called this month by President Emmanuel Macron and is being held in two rounds, on June 30 and July 7. “We are ready,” Mr. Bardella told journalists at a marble-adorned venue in a plush neighborhood of Paris, as he sought to dispel criticism from Mr. Macron and from a new alliance of left-wing parties that the National Rally is unfit and unworthy to govern. While the National Rally is leading in the latest polls, ahead of the left-wing alliance and of Mr. Macron’s centrist alliance, it is unclear if the party will win enough of the lower house’s 577 seats to secure an absolute majority and form a government.

Persons: Jordan Bardella, Bardella, Emmanuel Macron, Mr, Macron Locations: France’s, Paris

☆ Opinion | The E.U. Is Revealing Its True Identity. Europeans Don’t Like It.
▼ + stars: | 2024-06-23 | by ( Christopher Caldwell | ) www.nytimes.com time to read: +1 min

In European Parliament elections this month, voters in most of the European Union’s 27 countries rallied to parties that hold the union in contempt. Analysts have leaped to the conclusion that the European Union must have done something wrong. In Germany, where a hard-right party anchored in the formerly Communist East got more votes than any of the three governing parties, voters cited highhanded energy policies. But the European Union’s governing machinery in Brussels is never where voters’ hearts and hopes are. The union is looking more and more like one of those 19th- and 20th-century projects to universalize the un-universalizable, like Esperanto.

Persons: Emmanuel Macron Organizations: European Union, Communist Locations: France, Germany, Communist East, Brussels, Esperanto

☆ The Nation Resurgent, and Borders, Too
▼ + stars: | 2024-06-23 | by ( Roger Cohen | ) www.nytimes.com time to read: +1 min

That feeling, a vague but potent malaise, has many elements. The National Rally, whose anti-immigrant position lies at the core of its fast-growing popularity, has benefited from all this. “Well, it’s the same thing with a country.”In other words, nations need effective borders that can be sealed tight. This message, echoed by rising nationalist parties across Europe, and a central theme of Donald J. Trump’s presidential campaign in the United States, has proved potent. In France, it propelled Marine Le Pen’s National Rally to victory over President Emmanuel Macron’s party in voting for the European Parliament this month.

Persons: ” Jordan Bardella, Donald J, Emmanuel Macron’s Organizations: France Locations: France, North Africa, Europe, United States

And what everyone sort of expected to happen seems to be roughly what’s happening, which is that the populist right has consolidated a lot of support. So that’s sort of three-dimensional chess of one sort. That gets at the definition of populism, right? michelle cottleYeah, so but that kind of then lends itself to a backlash when you feel like things aren’t going right. carlos lozadaWell, I mean —ross douthatI think that’s all sincere.

Persons: lydia polgreen Ross, carlos lozada, lydia polgreen, michelle cottle, carlos lozada That’s, lydia polgreen That’s, Lydia Polgreen, michelle cottle I’m Michelle Cottle, ross douthat I’m Ross Douthat, carlos lozada I’m Carlos Lozada, We’ve, Ross, michelle cottle Woo, — ross douthat, lydia polgreen —, I’m, ross, — michelle cottle, ross douthat —, ross douthat, Emmanuel Macron, Macron, Silvio Berlusconi, Giorgia, Meloni, Brexit, It’s, populists, ”, Lozada, it’s, don’t, we’ll, that’s, we’ve, JD Vance, He’s, — carlos lozada, polgreen, Trumpist, who’s, Vance, we’re, Trump, — michelle cottle Woo, carlos lozada —, —, decries, — ross, won’t, carlos lozada Well, carlos lozada Don’t, Don’t, it’s — michelle cottle, I’ve, Trumpism, Donald Trump, michelle cottle Huey Long, Carlos, William Jennings Bryan, Michelle, Huey Long, George Wallace, Ross Perot, Pat Buchanan, Bernie Sanders, you’ve, Charles Coughlin, Richard Nixon, Ronald Reagan, Biden, unquote, nobody’s, he’s, JD Vance don’t, Robert Penn, Warren, Long, lydia polgreen Wow, ross douthat — Carlos Lozada, George Packer, lydia polgreen Go, carlos lozada Oh, that’s — carlos lozada —, lydia polgreen We’ll, carlos lozada It’s, lydia polgreen It’s Organizations: “ New York, Trump, Tories, National Health Service, Republican, Social Security, Republican Party, Chamber of Commerce, “ Times, Aspen Ideas, Nebraska Democrat, Tea Party, Occupy, Belt, Star Locations: “, Europe, France, United States, Italy, United Kingdom, South, British, Ohio, Middletown , Ohio, America, Sun Valley, Middletown, Louisiana, Alabama, China, Connecticut, Belt America, Florida , Texas, California, American, Texas, Mexico, Arizona

CNN —Allegations that three boys gang-raped a 12-year-old Jewish girl in northern France have triggered an outcry over surging antisemitism in the country, a key issue in the looming French parliamentary elections this month. The Nanterre prosecutor’s office announced Wednesday that it has launched an inquiry into the alleged “aggravated rape” of a minor, after receiving “reports from a 12-year-old girl” of the incident on June 15. The third boy has been placed under “assisted witness” status in relation to the alleged rape, the prosecutor added. The alleged attack took place as the girl tried to return home after meeting a friend. Protesters carried placards with slogans such as “Raped at 12 because she was Jewish,” and “Anti-Semitism is not residual,” and listened to speeches from Jewish rights activists in attendance.

Persons: Emmanual Macron, “, BFMTV, Gerald Darmanin, Jordan Bardella, ” Bardella, Pen, Emmanuel Macron, André, Gabriel Attal, Jean, Luc Melenchon, ” Attal, ” Melenchon Organizations: CNN, French, Senate, National Rally, Getty, TF1, BFMTV, Conseil, juives de Locations: France, Nanterre, Gaza, Elysee, Paris, Israel, Paris’s, juives, juives de France

☆ Opinion: Don’t expect footballer Kylian Mbappe to swing the French election
▼ + stars: | 2024-06-20 | by ( Opinion Adam Plowright | ) edition.cnn.com time to read: +7 min

Paris CNN —French soccer superstar Kylian Mbappé made a dramatic foray into the country’s election campaign this week, but don’t expect the striker to have an influence on the outcome. The far-right National Rally party of anti-immigration leader Marine Le Pen is leading in the polls, and most pundits suspect her populist movement has never come this close to power. Leaders of the French far-right National Rally, Marine Le Pen and Jordan Bardella, attend a rally ahead of the European Parliament elections where the party had huge success earlier this month. In 2006, Marine Le Pen’s father, far-right patriarch Jean-Marie Le Pen, suggested there were too many “players of color” on the national side. While millions will cheer them on at the Euros, they serve as a visible reminder of the country’s changing demographics — an issue which animates voters for the National Rally like no other.

Persons: Adam Plowright, “, Emmanuel Macron —, Read, Kylian Mbappé, Adam Plowright Adam Plowright, ”, Marcus Thuram, Mbappé, Emmanuel Macron, Marine, Macron, Le Pen’s, Le Pen, Jordan Bardella, Gonzalo Fuentes, Bardella, today’s TikTok, Thuram —, Lilian, Aime Jacquet, Stu Forster, Marcel Desailly, Zinedine Zidane, Didier Deschamps, Le, Jean, Marie Le Pen Organizations: Paris CNN —, UEFA, “, Real Madrid, Ipsos, Reuters, YouTube, Brazil, National Locations: Paris CNN — French, Germany, Paris, Cameroon, Algeria, France, United States, Europe, Guadeloupe

☆ French Business Leaders See Threat to Economy From Macron’s Opponents
▼ + stars: | 2024-06-20 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

Both the far-right National Rally party in France and its competing left-wing New Popular Front coalition are promising to save the country from financial ruin. But French executives gave a chilly reception Thursday to competing economic platforms from the rival parties, warning that both could endanger the French economy and distance France from the European Union. With less than two weeks before pivotal legislative elections, members of MEDEF, the main employers association in France, held an “audition” for candidates from the main political parties that are vying to seize power from President Emmanuel Macron, whose government has been severely weakened after his party was battered by the far right in European Parliament elections. Mr. Macron called for snap parliamentary elections, gambling that voters would reject extremes and embrace his centrist Renaissance party. The first round of voting is slated for June 30, and the final round for July 7.

Persons: MEDEF, ”, Emmanuel Macron, Macron Organizations: Popular Front, European Union, Renaissance Locations: France

☆ French Election Becomes ‘Nightmare’ for Nation’s Jews
▼ + stars: | 2024-06-20 | by ( Roger Cohen | ) www.nytimes.com time to read: +1 min

The alleged rape last weekend of a 12-year-old Jewish girl by boys who hurled antisemitic abuse at her has ignited simmering tensions in France over attitudes toward the largest Jewish community in Western Europe. President Emmanuel Macron, a centrist whose decision to call snap elections this month shocked even his closest allies, responded by denouncing the “scourge of antisemitism” in French schools. In the most recent one that shocked the country, the three boys are said to have dragged the girl into an abandoned building where she was repeatedly raped and insulted. The three boys, ages 12 and 13, one of them previously known to the girl, are being investigated for rape, death threats and insults “aggravated by their link to the victim’s religion,” a prosecutor’s statement on Wednesday said. Two of them have been placed in pretrial detention, it added.

Persons: Emmanuel Macron, Gabriel Attal, Jean, Luc Mélenchon, “ Locations: France, Western Europe

☆ Melinda French Gates endorses Joe Biden for president
▼ + stars: | 2024-06-20 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +2 min

Melinda French Gates arrives at Elysee Palace for the Generation Equality Forum hosted by French President Emmanuel Macron on July 01, 2021 in Paris, France. Melinda French Gates, a philanthropist and the former wife of Microsoft co-founder Bill Gates, announced Thursday that she will vote for President Joe Biden in the 2024 presidential election, writing in an op-ed that "the stakes for women and families couldn't be higher." In her explanation of her endorsement, French Gates focused on the two candidates' track records when it comes to women's issues — the subject of much of French Gates' philanthropic work. French Gates announced in May that she would be resigning as co-chair of the Bill & Melinda Gates Foundation, almost three years after she and her ex-husband announced their separation. French Gates did not say in her endorsement on Thursday whether she plans to donate to Biden's campaign.

Persons: Melinda French Gates, Emmanuel Macron, Bill Gates, Joe Biden, I've, Gates, Donald, Trump's, I'm, Biden, French Gates, That's, Trump, Melinda Gates Organizations: Palace, Generation, French, Microsoft, CNN, Trump, CNBC, Melinda Gates Foundation, Bloomberg Locations: Paris, France, French

☆ E.U. Warns France Over ‘Excessive’ Deficit, Adding to Political Risks
▼ + stars: | 2024-06-19 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

Add an entry to the list of troubles facing President Emmanuel Macron of France less than two weeks before pivotal legislative elections: potential financial penalties by the European Union for failure to rein in the nation’s ballooning deficit and debt. Mr. Macron threw French politics into disarray earlier this month by calling for snap parliamentary elections after his party was battered by the far right in European Parliament elections. The fiscal warning by E.U. authorities set the stage for a possible confrontation between Brussels and Paris. institutions, and want to ease rather than tighten fiscal policy.

Persons: Emmanuel Macron, Macron Organizations: European Union, National, Marine, National Rally, New Locations: France, Brussels, Paris

☆ Inside Europe's tech hubs: Does London have what it takes to remain No. 1?
▼ + stars: | 2024-06-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +32 min

But it will remain a big, big trend. How has if at all, Brexit, affected the U.K. tech scene? Arjun KharpalAre there other challenges at the moment, as you see them to the U.K. tech landscape? I'm gonna go with the amount of VC funding in U.K. tech startups for 2025. Sanjot MalhiI would say that is the amount of funding in U.K. AI startups.

Persons: Tom Chitty, Arjun, we'll, Arjun Kharpal, I've, Sanjot, He's, It's, Tom Chitty I've, we've, it's, Arjun Kharpal Sanjot, fintech, we're, you've, let's, Tom Chitty We're, Franklin Templeton, they're, Masa, Softbank, that's, Arjun Kharpal Sanjay, Emmanuel, Macron, hasn't, who's, Emmanuel Macron, I'm, Sanjot Malhi, Arjun Kharpal That's, Kharpal, Tom Chitty Sanjot Organizations: HSBC Innovation Banking, CNBC, Northzone, Hague Cricket Club, European Union, Competition, Markets Authority, London Stock Exchange, London, Masa, Viva Tech, Mistral, Nvidia Locations: Europe, Dealroom, France, China, London, beyondthevalley@cnbc.com, Netherlands, India, The Hague, Germany, Sweden, North America, Asia, San Francisco, Beijing, Tel Aviv, Bangalore, U.S, British, doesn't, Ukraine, IPOs

☆ French Court Strikes Down Ban on Israeli Companies at Weapons Show
▼ + stars: | 2024-06-18 | by ( Aurelien Breeden | ) www.nytimes.com time to read: +1 min

A court in Paris ruled on Tuesday that France’s decision to bar Israeli companies from one of the world’s largest weapons shows was discriminatory and ordered the ban to be rescinded. Eurosatory, an exhibition for the defense and armaments industry held every two years northeast of Paris, opened on Monday without any Israeli representatives. The organizers had complied with a French government order to cancel their invitations because of Israel’s military offensive in Gaza. The government’s decision, which has prompted legal challenges, was made last month after an Israeli strike killed dozens of Palestinians in a tent camp in Rafah, in southern Gaza. More than 2,000 exhibitors from over 60 countries are at Eurosatory, where military and security officials from around the world rub shoulders with manufacturers showcasing drones, missiles, and other weapons and technologies.

Persons: Emmanuel Macron, ” Organizations: French Defense Ministry Locations: Paris, Gaza, Rafah, France, Eurosatory, “, ”

☆ Paris loses stock market crown to London as political upheaval looms
▼ + stars: | 2024-06-18 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —London’s stock market has edged ahead of its rival in Paris as fears grow over the outcome of France’s looming parliamentary elections. The first round of the French elections is scheduled for June 30, followed by a second round on July 7. Hubert de Barochez, a senior market economist at consultancy Capital Economics, said investors might be concerned that a parliament run by the National Rally would penalize banks. In contrast with the political and financial turmoil in France, UK financial markets are “relatively stable,” said Rudolph at IG Group. Credit ratings agencies are already keeping a close eye on France, one of the EU’s three most-indebted countries.

Persons: Emmanuel Macron, Axel Rudolph, you’ve, ”, OpinionWay, Macron, Hubert de Barochez, Rudolph, Richard Hunter, Mohit Kumar Organizations: London CNN, Bloomberg, CAC, FTSE, European Union, “, CNN, National, BNP, Credit, Capital Economics, IG Group, Labour Party, Interactive Investor, National Rally, Jefferies Locations: Paris, France, United Kingdom, Europe’s, Britain

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