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☆ As Britain Votes, Change Is in the Air. Optimism, Not So Much.
▼ + stars: | 2024-07-04 | by ( Mark Landler | Stephen Castle | ) www.nytimes.com time to read: 1 min

Voters go to the polls in Britain on Thursday in a dyspeptic mood, many of them frustrated with the Conservative government but skeptical that any replacement can unravel the tangle of problems hobbling the country. Their skepticism is warranted, according to analysts. Even if the Labour Party wins a robust majority in Parliament, as polls suggest, it will confront a raft of challenges, from a torpid economy to a corroded National Health Service, without having many tools to fix them. The Labour leader, Keir Starmer, would inherit a “legacy of ashes,” said Robert Ford, a professor of political science at the University of Manchester. And voters, who less than five years ago elected the Conservatives in a landslide, are not likely to give Mr. Starmer much slack to turn things around.

Persons: Keir Starmer, ”, Robert Ford Organizations: Conservative, Labour Party, Health Service, Labour, University of Manchester, Conservatives Locations: Britain

☆ Ipsos: Voters never intended to give Rassemblement National absolute majority in first round elections
▼ + stars: | 2024-07-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIpsos: Voters never intended to give Rassemblement National absolute majority in first round electionsMathieu Doiret, Ipsos analyst, discusses the prospect of a hung parliament in France ahead of the second round of the elections.

Persons: Mathieu Doiret Organizations: Rassemblement National Locations: France

☆ Who is Labour's Keir Starmer, the likely new leader of Britain?
▼ + stars: | 2024-07-04 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

Labour leader Keir Starmer visits Burton and South Derbyshire College on June 27, 2024 in Burton upon Trent, United Kingdom. Cameron Smith | Getty Images News | Getty ImagesLONDON — Britain looks likely to elect its first Labour prime minister in 14 years, with an expected landslide victory for the opposition party during the July 4 elections. CNBC takes a look at the U.K.'s new prime minister and his platform. watch nowStarmer also served as a human rights adviser during former Labour Prime Minister Tony Blair's landmark Northern Ireland Good Friday Agreement. Labour leader Keir Starmer gives a speech as he visits the Vale Inn on June 27, 2024 in Macclesfield, United Kingdom.

Persons: Keir Starmer, Cameron Smith, Rishi Sunak, Starmer, —, Margaret Thatcher's, Tony Blair's, Jeremy Corbyn, Reform's Nigel Farage Organizations: South Derbyshire College, Getty, Labour, CNBC, British, National Health Service, University of Leeds, University of Oxford, Shell, Conservative, Northern, Service, Wealth Fund Locations: Burton, Burton upon Trent, United Kingdom, Britain, London, England, Victoria, Macclesfield

☆ Nigel Farage, Right-Wing Disrupter, Elected to Parliament for the First Time
▼ + stars: | 2024-07-04 | by ( Stephen Castle | More About Stephen Castle | ) www.nytimes.com time to read: +1 min

Nigel Farage, a supporter of former President Donald J. Trump, a driving force behind Brexit and Britain’s best known political disrupter, was elected to Parliament for the first time. Mr. Farage won by a large margin in Clacton, a faded seaside town, where pre-election opinion surveys had suggested he had a strong chance of winning. He had tried and failed seven times before to be elected to Parliament. “The establishment are terrified, the Conservatives are terrified,” Mr. Farage declared gleefully in a speech last month, referring to the governing party. Britain was “a broken nation,” he added, attacking targets ranging from asylum seekers to the BBC.

Persons: Nigel Farage, Donald J, Trump, —, Farage, ” Mr Organizations: BBC Locations: Clacton, Britain

It could be a disastrous night for the Conservatives, with the exit poll predicting the lowest-ever total number of seats in the party’s history. Because of its electoral system, Britain can see large discrepancies between the share of seats won by a party and its share of the popular vote. The exit poll suggests one of the largest swings in British political history, with Labour expected to win 410 seats and the Conservatives on 131. Britain’s traditional third party, the Liberal Democrats, also enjoyed a huge bump, going from just 11 seats won at the 2019 general election to a projected 61. Reform UK, a right-wing populist party, was projected to win 13 seats, also a lot more than many polls had suggested.

Persons: resoundingly, Labour’s, Keir Starmer, Britain’s Organizations: London CNN, Labour Party, Conservatives, Labour, Liberal Democrats, Reform, Scottish National Party Locations: United Kingdom, England, Scotland, Wales, Northern Ireland, Britain

☆ First African-Born Member of German Parliament Won’t Seek Re-election
▼ + stars: | 2024-07-04 | by ( Sarah Maslin Nir | More About Sarah Maslin Nir | ) www.nytimes.com time to read: +1 min

Germany’s first African-born member of Parliament said this week that he would not seek office again in next year’s general elections. Although he played down racism as a factor, he made the announcement a short time after his staff released the contents of a slew of hate mail and death threats that his office had received. But he has been outspoken about the abuse he has experienced, which has markedly increased in volume and tenor in recent years. Bullets were fired through the window of his district office in 2020, and the office was a target of arson last year. “I can’t wipe all this away,” Mr. Diaby was reported as saying in an interview, according to the Funke Media Group, a major German newspaper and magazine publisher.

Persons: Germany’s, Karamba, “, ”, ” Mr, Diaby Organizations: Bullets, Funke Media Locations: Senegal

☆ 'We don't do God' and massive ad spends: How UK election races differ from American ones
▼ + stars: | 2024-07-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +12 min

Here are a handful of them:1) CampaignsBy the time a presidential election takes place in the United States, the electorate will have already endured months of seemingly endless electioneering — with the entire election campaign process from candidacies and the campaign trail to the actual presidential election and inauguration taking up to two years. In the U.K., the time frame between a prime minister calling a general election to the actual vote is just six weeks. It sounds simple, and usually is, unless there's a "hung parliament" in which no political party wins a majority of seats. In the U.K., political advertising on TV and radio is not allowed, so U.K. voters are subjected to the somewhat quaint "party political broadcasts" during election campaigns. 6) 'Absurd' diversionsBritish political experts note that, unlike in the U.S., where broad political debates tend to remain the key focus, U.K. election campaigns can see more minor or fringe issues dominate the short election campaign.

Persons: Rishi Sunak, Joe Biden, Paul Ellis, Sir Keir Starmer, Stefan Rousseau, Bobby Duffy, Donald Trump, Tom Brenner, —, Britain's, Tony Blair, Alastair Campbell, Ben Curtis, Blair, Dan Stevens, Joe Biden's, Trump, Brian Snyder, Keir Starmer, Institute's Duffy, Duffy, Biden, Rodin Eckenroth, Rodin, John Curtice, it's, Ludovic Marin Organizations: Britain's, North Atlantic Council, NATO, South Derbyshire College, Trent, Commons, King's College London, CNBC, Brit, Republicans, U.S, Federal, Former U.S, Republican, Reuters, Electoral Commission, Inverness Royal Academy, Labour, of, Exeter University, Trump . Democratic Party, Reuters Incumbent British, Labour Party, Trump, European, Conservative Party, U.K, UK Ministry of Defence, Royal British, Afp, Getty Locations: Vilnius, Lithuania, United States, Burton, U.S, Britain, Philadelphia, Great Britain, England, Wales, Scotland, British, America, Western Europe, Atlanta , Georgia, Hollywood , California, European Union, Normandy, Ver, Gold, France

☆ Who is Jordan Bardella and what might his far-right party do in power?
▼ + stars: | 2024-07-04 | by ( Christian Edwards | ) edition.cnn.com time to read: +11 min

Handpicked as leader by National Rally (RN) doyenne Marine Le Pen in an effort to purge the far-right party of its racist and antisemitic roots, Bardella has taken it closer to the gates of power than ever before. Whether the RN forms a government and Bardella becomes prime minister after the July 7 runoff is not clear. So, who is Bardella, and what might his party do in power? Le Pen and Bardella address a crowd of RN supporters in Paris, after Macron called a snap election, June 9, 2024. When the prime minister and president belong to different parties – in a rare arrangement known as “cohabitation” – things can grind to a halt.

Persons: CNN — Jordan, –, Bardella, Emmanuel Macron’s, France’s, Denis, Le Pen, Le Pen’s, Louis Aliot, Le, Macron, Julien De Rosa, Freed, Jean, Marie Le Pen, Franco, Paris Anne Hidalgo, Luc Mélenchon, ” Bardella, Julien de Rosa, Gabriel Attal, ” Mujtaba Rahman, Mario Draghi, Giorgia Meloni, Benito Mussolini, Matteo Salvini, Vladimir Putin, Antonio Masiello, Hungary’s Viktor Orban –, Macron – Organizations: CNN, National Rally, National Assembly, Front, Sorbonne university, Getty, Macron’s Ensemble, Immigrants, Ministry of, Armed Forces, New Popular Front, EU, Eurasia Group, European Union Locations: Paris, France, Europe, Seine, Macron, AFP, Vichy, Spanish, Brussels, Italy, Ukraine, Kyiv, Russia

☆ Fears mount over election-linked violence in France after government spokesperson attacked on campaign trail
▼ + stars: | 2024-07-04 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +4 min

CNN —Concerns are growing about political violence ahead of high-stakes parliamentary elections in France after a series of lawmakers were attacked on the campaign trail this week. French government spokesperson Prisca Thevenot and her team came under attack while canvassing on Wednesday night, the latest in a string of violent incidents involving French lawmakers contesting Sunday’s parliamentary elections. Four people have been taken in for questioning regarding the incident, Interior Minister Gérald Darmanin told French television station France 2 on Thursday morning. Acknowledging that violence has been linked to both the far-right and far-left camps, Bardella vowed, if appointed, to be a prime minister who “re-establishes order” in France. An additional 30,000 police officers and gendarmes will be deployed across France on Sunday night in the event of public disorder, Darmanin said Thursday.

Persons: Prisca Thevenot, Marie Dauchy, Nicolas Conquer, Emmanuel Macron, Gérald Darmanin, Thevenot, ”, Jordan Bardella, ” Bardella, CNN’s, Bardella, “, Gabriel Attal, Darmanin Organizations: CNN, National, Republicans, Macron’s, France, BFMTV, Incumbent, Front, NFP, Interior Ministry, National Assembly Locations: France, Savoie, Cherbourg, Thevenot

☆ Jeremy Corbyn Wins Election Against Labour, Party He Once Led
▼ + stars: | 2024-07-04 | by ( Joel Petterson | ) www.nytimes.com time to read: 1 min

Jeremy Corbyn, an independent candidate running for Parliament, won his seat against a candidate from the Labour party, which he once led. It was a vindication for Mr. Corbyn, who was running for the first time against the party he led from 2015 to 2020. Mr. Corbyn, who has held the seat since 1983, was suspended as Labour leader and eventually purged by the party over his response to allegations of antisemitism during his tenure.

Persons: Jeremy Corbyn, Corbyn Organizations: Parliament, Labour

☆ Opinion | How Biden Has Gotten in the Way of Fighting Starvation in Gaza
▼ + stars: | 2024-07-03 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +1 min

In responding to the war in Gaza for more than eight months, President Biden has often seemed weak — upset over the humanitarian toll but not acting firmly to reduce it. But in one case, Biden was uncharacteristically decisive: After Israel alleged involvement in terrorism by staff members of the United Nations agency at the center of efforts to avert starvation in Gaza, Biden swiftly suspended funding for the agency. Yet it now appears that Biden blew it, for the factual basis behind accusations against the agency has proved elusive. It pains me that in a misguided effort to impose accountability, the United States instead appears to have layered additional misery on hungry people. Doctors Without Borders called the move “an outrageous attack on humanitarian assistance,” and the European Union described UNRWA as “crucial and irreplaceable.”

Persons: Biden, Israel Organizations: United Nations, United Nations Relief, Works Agency for Palestine Refugees, UNRWA, European Union Locations: Gaza, United States

☆ Jeffrey Donaldson: Former top Northern Irish politician to stand trial over alleged sex offenses
▼ + stars: | 2024-07-03 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +2 min

CNN —The former leader of Northern Ireland’s most prominent pro-union party, Jeffrey Donaldson, will stand trial over allegations of historical sex offenses including one charge of rape. Eleanor Donaldson, center, is also set to stand trial in September. Niall Carson/PADonaldson led the DUP from 2019, throughout much of the turbulent Brexit process, regularly voicing his opposition to the Northern Ireland Protocol, a key part of the Brexit withdrawal agreement that ensured there was no hard border between Northern Ireland and the Republic of Ireland. Donaldson’s trial was announced as people in Northern Ireland were preparing to vote in the UK general election. Northern Irish politicians can choose to either run for a seat in Westminster or for a seat in the devolved legislature, the Northern Ireland Assembly.

Persons: Jeffrey Donaldson, Donaldson, “, ”, Eleanor Donaldson, Niall Carson, Both Donaldson, RTÉ, Donaldson’s, Sinn Féin, Jonathan Buckley Organizations: CNN, Northern, Northern Ireland Courts, Democratic Unionist Party, PA Media, DUP, Republic of Ireland, Northern Ireland Assembly, Lawmakers, Nationalist Locations: Northern Ireland, Republic of, Westminster, Lagan

☆ UK election 2024: British voters head to polls for a momentous election
▼ + stars: | 2024-07-03 | by ( Christian Edwards | ) edition.cnn.com time to read: +2 min

London CNN —British voters are heading to the polls Thursday for a crucial general election that is being seen as a referendum on 14 years of Conservative rule. The opposition Labour party suffered its worst defeat since 1935 in the last general election, but has since rebuilt itself under the leadership of Keir Starmer. Britain has had three Conservative prime ministers since the last general election in 2019, which Boris Johnson won by a landslide. News outlets are barred from reporting anything that could influence voters while polls are opened. An exit poll from British broadcasters will project the seat totals are soon as polls shut at 10 p.m. local time (5 p.m.

Persons: Rishi Sunak, Keir Starmer, Boris Johnson, Johnson, Liz Truss, Nigel Farage –, Brexit – Organizations: London CNN —, Conservative, Labour, European Union Locations: Britain, England, Wales, Scotland, Northern Ireland, British

☆ French hung parliament is 'best outcome' in election scenario, Publicis chairman Maurice Lévy says
▼ + stars: | 2024-07-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFrench hung parliament is 'best outcome' in election scenario, Publicis chairman Maurice Lévy saysMaurice Lévy, honorary chairman at Publicis Groupe, comments on the impact of a potential Rassemblement National victory could have on businesses in France.

Persons: Maurice Lévy Organizations: Publicis Groupe Locations: Rassemblement, France

☆ Women's sports merchandise is an estimated $4 billion industry but fans still can't find the items they're looking for
▼ + stars: | 2024-07-03 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +12 min

"When you invest in a jersey, that means you really appreciate that person, their character, and what they bring to the game," Krieger said. Sports Innovation Lab estimates the women's sports merchandise industry is worth $4 billion — conservatively. People simply don't know where to find merchandise — 32% of fans reported having an issue finding a seller for women's sports merchandise compared to just 18% of fans looking for men's, according to Sports Innovation Lab's 2024 Women's Sports Merchandise Survey. But while big brands are making strides in partnering with women's professional teams to create merchandise, the women's sports merch buying experience is still lacking. Building the women's game takes an ecosystem of collaboration involving fans, athletes, leagues, team sponsors, and retailers.

Persons: —, Ali Krieger, Krieger, Mary Earps, Marc Atkins, Nike's, Aubrey Kingsbury, it's, Alyssa Naeher's, there's, didn't, A'ja Wilson, Caitlin Clark, Puma, Bjørn Gulden, Arne Freundt, Dylan Buell, isn't, Angela Ruggiero, Ruggiero, Roy Rochlin, Stringer, " Krieger, Megan Gokey, Alex Morgan, Chloe Kim, Simone Manuel, Sue Bird, Klarna, Billie Jean King's, Esther Kim's, Zach Boisjoly, we've Organizations: Service, National Women's Soccer League, FFC Frankfurt, Eintracht Frankfurt, German, Business, FIFA, England, New York Times, Adidas, Puma, Nike, Washington Spirit, Chicago Red Stars, Innovation, Sports, Google, WNBA, WTA, Survey, NBA, Manchester United, AC Milan, Bloomberg, Indiana Fever's, Sports Innovation, Realty Trust, Professional Women's Hockey League, League, Media, Sports Foundation, NCAA, New York, Gotham FC, New York Liberty Locations: Germany, Morocco, Esther Kim's Playa, New Jersey, New

☆ Ukraine says it thwarted a coup plot
▼ + stars: | 2024-07-02 | by ( Lex Harvey | Mariya Knight | ) edition.cnn.com time to read: +2 min

CNN —Ukraine has foiled an alleged plot to overthrow the government that “would have played into Russia’s hands,” security officials in the war-torn country said Monday. In a Telegram post, the Security Service of Ukraine (SBU) claimed the plot organizers planned to trigger a riot in Kyiv on June 30 as a distraction to seize control of the Ukrainian parliament and remove the military and political leadership from power. Concerns have grown over the future of US military support for Ukraine with the potential for another Donald Trump presidency on the horizon. During last week’s presidential debate, Trump questioned whether the United States should continue to fund Ukraine’s fight against Russia. Trump’s comments on the war in Ukraine were “worrying,” Ukrainian politician Oleksiy Goncharenko told CNN.

Persons: —, Volodymyr Zelensky, “, ” Zelensky, Donald Trump, Trump, Oleksiy Goncharenko Organizations: CNN, Security Service of Ukraine, Russia Locations: Ukraine, Kyiv, Russia, Dnipro, Vilniansk, United States, Ukrainian

☆ France, With Elections, Is Headed for Disaster - The New York Times
▼ + stars: | 2024-07-02 | by ( Philippe Marlière | ) www.nytimes.com time to read: +2 min

On Sunday, in the first round of voting, the far-right National Rally topped the poll and the left-wing New Popular Front coalition finished second. Under a system of “cohabitation” with the president, National Rally would be in power, free to carry out its hard-line anti-migrant agenda. The more likely scenario, however, is that National Rally falls short of a majority, leaving France with a hung parliament. With a weakened Mr. Macron atop a fractious and uncooperative assembly, France would enter a profound political crisis with no remedy in sight. In the event of a hung parliament, Mr. Macron would have very few options.

Persons: Emmanuel Macron, Macron, Jordan Bardella Organizations: Popular Front, National Assembly, National, Republicans, New Locations: France, Sunday’s, Vichy

☆ The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming
▼ + stars: | 2024-07-02 | by ( Hanna Ziady | ) edition.cnn.com time to read: +8 min

Yet, in a year of elections around the world, politicians are largely ignoring the problem, unwilling to level with voters about the tax increases and spending cuts needed to tackle the deluge of borrowing. In France, political turmoil has exacerbated concerns about the country’s debt, sending bond yields, or returns demanded by investors, soaring. “Many (politicians) are not willing to talk about the hard choices that are going to need to be made. Despite growing alarm over the federal government’s debt pile, neither Joe Biden nor Donald Trump, the main 2024 presidential candidates, are promising fiscal discipline ahead of the election. Former Prime Minister Liz Truss triggered a collapse in the pound in 2022 when she tried to force through big tax cuts funded by increased borrowing.

Persons: ” Roger Hallam, Karen Dynan, ” Kenneth Rogoff, ”, don’t, Joe Biden, Donald Trump, Biden, Paul Johnson, William Ruto, Liz Truss, hasn’t, Emmanuel Macron, Dynan, it’s Organizations: London CNN, Monetary Fund, Investors, Vanguard, CNN, US Treasury, Harvard Kennedy School, Harvard University, “, Congressional, CBO, Trump, Fiscal Studies, United Kingdom, Former Locations: United States, France, Germany, Kenya

☆ What is Canada Day and how is it celebrated? The answer is more complicated than some might think
▼ + stars: | 2024-07-01 | by ( Karla Cripps | ) edition.cnn.com time to read: +7 min

Meanwhile, the July 1 holiday to commemorate Canada’s Confederation became official in 1879, and was originally called Dominion Day. The late Queen Elizabeth II, seen here joining the Canada Day celebrations in Ottawa in 1997, visited Canada 22 times during her reign. Some early Dominion Day celebrations featured a ‘Dominion Salute’ of one gun for each province. Cole Burston/Getty ImagesIt wasn’t until 1982 that Dominion Day officially became Canada Day. For more information on the event, visit the official Canada Day website.

Persons: Matthew Hayday, don’t, ”, Hill, Mark Horton, Forrest, –, ’ ”, Queen Elizabeth II, Carlo Allegri, “, King, Cole Burston, Hayday Organizations: CNN, Canada, Canadian Forces, Department, Ontario’s Guelph University, Royal Canadian Air Force, Independence, Canada’s, Dominion, British North America, United Province of, “, Archives, Toronto Globe, Globe, Ottawa, of Canada, National Capital Locations: Canada, Vancouver, Toronto, Charlottetown, Ottawa, British, United Province, United Province of Canada, Ontario, Quebec, Brunswick, Nova Scotia, Independence, AFP, Canadian, United States, Union, “, American, ”, LeBreton

☆ Australia restricts vape sales to pharmacies in ‘world-leading’ move to cut nicotine use
▼ + stars: | 2024-07-01 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +4 min

Brisbane, Australia CNN —Buying a vape just got harder in Australia with the introduction of some of the world’s toughest anti-vaping laws that limit the sale of vapes with nicotine to pharmacies. From Monday, users will need to present a doctor’s prescription to a pharmacist to buy vapes, and the choice will be limited to three flavors: mint, menthol and tobacco. Dozens of countries have banned disposable vapes, but with the ban on vape sales in shops, service stations and other small retailers, Australia has introduced “world leading” laws, according to the government. Adults will be able to buy vapes in pharmacies, without a prescription – but the devices may be hard to find after some leading pharmacy chains declared they would refuse to stock them. Despite the rising cost of cigarettes, some fear that young vapers – having been locked out of the vape market – will turn to cigarettes to get their nicotine fix.

Persons: It’s, ”, Mark Butler, Anthony Tassone, Jordon Steele, John, vapers, ’ ” Hester Wilson Organizations: Australia CNN, Pharmacy Guild of Australia, Australia’s Greens Party, Greens, ” Greens, vapes, Royal Australian College of General, ABC, US Food and Drug Administration, FDA, Justice Department Locations: Brisbane, Australia, United States, United Kingdom

☆ French stocks and the euro boosted by election results
▼ + stars: | 2024-07-01 | by ( Hanna Ziady | ) edition.cnn.com time to read: +1 min

London CNN —French stocks and the euro rallied Monday after results from the first round of elections suggested the far right will inflict a heavy defeat on President Emmanual Macron but fall short of winning an outright majority in parliament. France’s CAC 40 index, which represents 40 of the biggest companies listed in Paris, rose 2.7% at the open. The euro, which tumbled after Macron called the snap election on June 9, touched the strongest level against the dollar in more than two weeks. Macron’s Ensemble alliance slumped to a dismal third with 20.76%, according to final results published Monday by France’s Interior Ministry. “The immediate reaction is one of a relief rally.”This is a developing story and will be updated.

Persons: Emmanual Macron, Macron, Le, ” Mohit Kumar, Jefferies, “ Organizations: London CNN, Popular Front, France’s Interior Ministry Locations: Paris, Europe

☆ We're looking at chaos in the French Parliament in the year ahead, analyst says
▼ + stars: | 2024-07-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're looking at chaos in the French Parliament in the year ahead, analyst saysGeorge Dyson, senior analyst at Control Risks, discusses the likely outcome of the French snap election, saying "whatever happens, you're going to have a government that's not aligned with the president" and probably "quite a shaky coalition."

Persons: George Dyson Organizations: Control

☆ Here’s What to Know About France’s Snap Election
▼ + stars: | 2024-07-01 | by ( Aurelien Breeden | ) www.nytimes.com time to read: +1 min

President Emmanuel Macron’s risky decision to call snap legislative elections in France has backfired badly, enabling the far right to dominate the first round of voting held on Sunday. France is in unpredictable territory, with the future of Mr. Macron’s second term at stake. Why did Macron call for snap elections? When Mr. Macron was elected to a second term in 2022, his party failed to win an outright majority. The centrist coalition he formed has since governed with a slim majority, but it has struggled to pass certain bills.

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

☆ France’s far right may be on the brink of power after Macron’s gamble backfired. Here’s what comes next
▼ + stars: | 2024-07-01 | by ( Saskya Vandoorne | Camille Knight | ) edition.cnn.com time to read: +5 min

French President Emmanuel Macron’s centrist alliance was crushed on Sunday after the far-right National Rally (RN) party surged in the first round of the country’s parliamentary elections. It would then become the first far-right party to enter the French government since World War II – although nothing is certain ahead of Sunday’s second round. “Tonight is not a night like any other,” Prime Minister Gabriel Attal said solemnly in an address to the French. The left-wing New Popular Front has announced that it will withdraw all candidates who came in third to help prevent far-right candidates from getting elected. A loss would force Macron to nominate a prime minister from whichever party wins – putting a political opponent in charge of running the government.

Persons: Emmanuel Macron’s, Gabriel Attal, It’s, “, Italy’s Giorgia, Hungary’s Viktor Orban, Vladmir Putin, Le Pen, Vladimir Putin, Macron, Jordan Bardella, Bardella Organizations: Paris CNN, New, Ensemble, ”, European Union, Russian, NATO, National Assembly Locations: Sunday’s, Europe, Ukraine, Russian, France

☆ French stocks jump 2.5% as far right takes election lead but seen falling short of majority
▼ + stars: | 2024-07-01 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Dimitar Dilkoff | Afp | Getty ImagesFrench stocks staged a relief rally early Monday after results from the first round of the nation's snap election raised expectations of a hung parliament. The far-right National Rally party and its allies won 33.1% of the vote, the left-wing NFP alliance was second with 28% and Macron's coalition secured 20%, France's Interior Ministry said Monday. Stock Chart Icon Stock chart icon CAC 40 index. Stock Chart Icon Stock chart icon Euro/U.S. National Rally is hoping it will be the party's 28-year-old leader, Jordan Bardella.

Persons: Jordan Bardella, Gabriel Attal, Manuel Bompard, Dimitar Dilkoff, Sebastian Paris Horvitz, CNBC's, Matthew Ryan, —, Emmanuel Macron, Macron, Horvitz Organizations: Rassemblement National, France's, France, TF1, Afp, Getty, NFP, La Banque Postale Asset Management, Citi, National, U.S ., National Assembly, — Locations: London, France, Europe

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