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☆ Opinion: Why you should pay attention to the role of race in sport during this summer’s Olympics
▼ + stars: | 2024-07-23 | by ( Opinion Keith Magee | ) edition.cnn.com time to read: +9 min

CNN —For many nations — not least the US — the upcoming Paris Olympics will take place against a background of deep political and social division. If you saw any of the European Athletics Championships events last month, you may well have been struck, as I was, by just how many Black athletes featured on podiums. At the Summer Olympics, the USA team will also feature numerous Black athletes, including gymnast Simone Biles, sprinter Sha’Carri Richardson and the (current) fastest man on earth, Noah Lyles. As you watch the Olympics this summer, take note of the sports in which Black people represent the USA and European countries. So no, Black athletes are not naturally better at some sports — they take the narrower opportunities open to them and work incredibly hard on their self-belief to make it to that podium.

Persons: Keith Magee, Keith Magee Arron Dunworth Terry Shoemaker, Emmanuel Karalis, Malaika Mihambo, Nikolas Liepins, Simone Biles, Sha’Carri Richardson, Noah Lyles, Mujinga Kambundji, Italy's Zaynab, Ewa Swoboda, Artur Widak, Zaynab Dosso, Ana Peleteiro, Owen Ansah, Paola Egonu, Le, Aya Nakamura, Edith Piaf, disheartening misogynoir, Lewis Hamilton, Tiger Woods, Venus Williams, you’ll, —, laud Organizations: University College London Institute for Innovation, Newcastle University Law School, CNN, Arizona State University, European Athletics, women's U.S, Getty, Summer, USA, Trump, European Union Agency for Fundamental Rights, Paris Olympics, Franco, United Nations, Serena Locations: Swiss, women's, Anadolu, Europe, Italy, Poland, Paris, France, Spanish, Italian, Nigerian, Malian

☆ After French Election, Voters Are Resigned to Cost-of-Living Crisis
▼ + stars: | 2024-07-11 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

Celine Gallois is more careful these days about what she puts in her shopping basket. The cost to fill up the gas tank of her small car jumped to €90 a week from €60. And Ms. Gallois’s electricity bills, which President Emmanuel Macron’s government had capped during an energy crisis last year, shot up again last month after the subsidy ended. All of this led her to cast a vote for Marine Le Pen’s far-right National Rally party for the first time during France’s parliamentary elections this weekend. “People are struggling, and there seems to be no relief in sight,” said Ms. Gallois, her frustration clear as she wandered through an artisanal market in the northern French city of Beauvais with her fiancé, but refrained from buying.

Persons: Celine Gallois, Emmanuel Macron’s, ”, Gallois, they’ve Locations: French, Beauvais

☆ France’s Emmanuel Macron urges new mainstream coalition, appearing to rule out working with the far left
▼ + stars: | 2024-07-11 | by ( Christian Edwards | ) edition.cnn.com time to read: +4 min

Macron said it was “in light of these principles” that he will decide on the appointment of France’s next prime minister. The NFP won 182 seats in the National Assembly, making it the largest group in the 577-seat parliament. In a victory speech Sunday evening near Stalingrad Square in Paris, he said Macron “has the duty” to ask the NFP to form a government. Jean-Luc Mélenchon (right), leader of the far-left France Unbowed party, celebrates the second-round results at a rally in Paris, July 7, 2024. French Prime Minister Gabriel Attal’s offer to resign was on Monday rejected by Macron, leaving him in place in a caretaker role until the new government is formed.

Persons: Emmanuel Macron, Macron, Marine Le, ”, France’s, Jean, Luc Mélenchon, France Unbowed, Mélenchon, Macron “, Thomas Padilla, Gabriel Attal’s, ” Macron Organizations: CNN, National Assembly, Marine, Front, NFP, Ensemble, France Unbowed, Socialist, AP, Macron, Olympic Locations: gridlock, Sunday’s, France, Stalingrad, Paris, Italy, Germany

☆ Euro and French stocks subdued as France plunged into political limbo
▼ + stars: | 2024-07-08 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —French stocks and government bonds struggled to find direction Monday following surprise results in France’s parliamentary elections, which saw left-wing parties outperform the far right Sunday, leaving the country’s parliament facing gridlock. The yield, or return sought by investors, on benchmark 10-year bonds rose by a fraction of a percentage point to 3.22% by 8.09 a.m. But the premium traders demand to hold French bonds instead of the ultra-safe German equivalents was lower on the day. However, it was still a lot higher than before French President Emmanuel Macron called the snap elections on June 9. The value of the currency, which is shared by 19 other countries in the EU, has swung wildly since June 9.

Persons: Emmanuel Macron, Macron, France’s, “, ”, Holger Schmieding, “ unaffordable, Schmieding, Hanna Ziady Organizations: London CNN, European Union, Rabobank, EU Locations: gridlock, Europe’s, “, France, Paris, —

☆ French election: What happened and what comes next?
▼ + stars: | 2024-07-08 | by ( Christian Edwards | ) edition.cnn.com time to read: +8 min

While a surge in support for the left-wing New Popular Front (NFP) coalition foiled Marine Le Pen’s far-right National Rally (RN) party, French politics is now more disordered than it was before the vote. The NFP won 182 seats in the National Assembly, making it the largest group in the 577-seat parliament. And the RN and its allies, despite leading the first round, won 143 seats. Does that mean the NFP “won” the election? Now, it is the largest bloc in the French parliament and could provide France with its next prime minister.

Persons: Emmanuel Macron, Le, “, NFP “, Jordan Bardella, Le Pen, ”, ” Bardella, Kevin Coombs, Macron, Publique, – Jean, Luc Mélenchon, Raphael Glucksmann, Emmanuel Dunand, Éduoard Philippe, France’s, Brigitte Macron, Mohammed Badra, Gabriel Attal’s, France Unbowed, Mario Draghi, Benito Mussolini Organizations: CNN, Front, NFP, National Assembly, Ensemble, “, Reuters, Socialists, Getty Locations: Vichy, France, Paris, AFP, Le Touquet, –, Italy

☆ Global elections in 2024: A guide in maps and charts
▼ + stars: | 2024-07-08 | by ( Lou Robinson | ) edition.cnn.com time to read: +4 min

CNN —As the presidential race in the United States heats up, many other countries around the world are also conducting pivotal elections in 2024. Here’s a closer look at the countries holding elections, in maps and charts. The election took 44 days, with more than one million polling stations, and its voters represented about 12% of the world’s population. In recent European Parliament elections, far-right parties performed well — with the National Rally gaining seven seats — and were particularly popular with young people. In 2023, 76% of Americans aged 18 to 29 said that Biden, 81, is too old to run for president, according to an Associated Press-NORC Center for Public Affairs Research poll.

Persons: —, Vladamir Putin, Putin, Masoud Pezeshkian, Saeed Jalili, Le, Emmanuel Macron’s, Ipsos Mori, Biden Organizations: CNN, International Foundation, Electoral Systems, Here’s, European Union, North America, Voters, Emmanuel Macron’s Ensemble, National Rally, Pew Research, Associated Press, NORC, for Public Affairs Research Locations: United States, India, North, Mexico, Latin America, Russian, Iran, Islamic Republic, Pakistan, Bangladesh, France

Aurelien Morissard/Pool/AFP/Getty ImagesThe result of Sunday’s parliamentary election runoff comes as a huge surprise, with France appearing to be on the verge of a major political shift – but not the one everyone was expecting. No pollster predicted before Sunday that a left-wing alliance would win and that the far right would come in third place. The political maneuvering by French President Emmanuel Macron’s centrist party and the left-wing alliance this week was clearly successful. But the left-wing alliance, which has seemed shaky, is going to have a hard time speaking with one voice. While it appears to have partially worked by keeping the far right from power, it has also plunged France into unprecedented political chaos.

Persons: Emmanuel Macron, Aurelien, Emmanuel Macron’s, Macron’s Organizations: Getty Locations: Paris, France

☆ French Election Yields Deadlock as Left Surges and Far Right Comes Up Short
▼ + stars: | 2024-07-07 | by ( Roger Cohen | ) www.nytimes.com time to read: 1 min

France faced a hung parliament and deep political uncertainty after the three main political groups of the left, center and right emerged from snap legislative elections on Sunday with large shares of the vote but nothing approaching an absolute majority. The preliminary results upended widespread predictions of a clear victory for the National Rally, Marine Le Pen’s anti-immigrant party that dominated the first round of voting a week ago. Instead, the left-wing New Popular Front won 178 seats. The centrist coalition of President Emmanuel Macron, who cast the country into turmoil a month ago by calling the election, was in second place with 150 seats. Trailing it was the National Rally and its allies, which took 142 seats.

Persons: Emmanuel Macron Organizations: National Rally, Popular Front Locations: France

☆ What is the NFP and who will be France’s next prime minister?
▼ + stars: | 2024-07-07 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

Now, it looks set to win the most seats in the French parliament and could provide France with its next prime minister. The NFP is made up of several parties: the far-left France Unbowed party; the more moderate Socialist Party; the green Ecologist party; the French Communist Party; the center-left Place Publique, and other small parties. Going into the second round, it was not clear who the coalition would nominate to be its prime minister. Its most prominent – and divisive – figure is Jean-Luc Mélenchon, a 72-year-old populist firebrand and longtime leader of the France Unbowed party. Announcing his intention to resign Monday as prime minister, Gabriel Attal said, in an apparent swipe to France Unbowed: “No absolute majority can be led by the extremes.

Persons: Emmanuel Macron, “, Olivier Faure, ”, Emmanuel Dunand, Jean, Luc Mélenchon, France Unbowed, Gabriel Attal, Faure, Louise Delmotte, –, Macron Organizations: CNN, Front, NFP, Socialist Party, Ecologist, French Communist Party, Vichy, Getty, Macron’s, Ifop, Parliament, Hamas Locations: France, Paris, AFP, –, Republic, Republique, Palestinian, Israel, Gaza

☆ French left-wing coalition projected to beat the far right in surprise second-round result
▼ + stars: | 2024-07-07 | by ( Christian Edwards | Xiaofei Xu | ) edition.cnn.com time to read: +2 min

CNN —In a surprise second-round result, the left-wing New Popular Front is projected to finish ahead of Marine Le Pen’s far-right party in French parliamentary elections, according to an IPSOS estimate. Despite leading after the first round of votes, the far-right National Rally (RN) was projected to win between 132 and 152 seats. But Sunday’s projection comes as a huge upset and shows French voters’ overwhelming desire to keep the far right from gaining power. After the first round, an unprecedented number of seats – over 300 – went to a three-way runoff between Ensemble, the NFP and the RN. By Tuesday, more than 200 centrist and left-wing candidates withdrew from the second round, in a bid to avoid splitting the vote.

Persons: Le, –, Emmanuel Macron’s, Cheers, Luc Mélenchon, France Unbowed, ” Mélenchon, Bois de Vincennes, Jordan Bardella, Macron Organizations: CNN, NFP, Socialists, National Assembly, Ensemble Locations: France, Vichy, Paris, Stalingrad, Bois de

☆ In the French Countryside, a Deep Discontent Takes Root
▼ + stars: | 2024-07-06 | by ( Roger Cohen | ) www.nytimes.com time to read: +1 min

Last month, Sophie-Laurence Roy, a conservative Paris lawyer with roots in Burgundy, decided to cross the political dividing line that defined postwar France and dedicate herself to a nationalist, far-right political movement that seems poised to dominate parliamentary elections on Sunday. “I realized I would reproach myself for the rest of my life if I did not offer my services to the great movement of change that is the National Rally,” she said as she ate a sausage of pork intestines in a cafe in Chablis, the northern Burgundy town known for its fine white wine. “It was now or never.”So, on June 9, Ms. Roy, 68, deserted her longtime center-right political family, the Republicans, who trace their beliefs to the wartime hero Charles de Gaulle, to support Marine Le Pen’s far-right party whose quasi-fascist roots lie with the collaborationist Vichy regime against which De Gaulle fought to liberate France.

Persons: Sophie, Laurence Roy, “, ”, Roy, Charles de Gaulle, De Gaulle Organizations: National, Republicans Locations: Paris, Burgundy, France, Chablis, Vichy

☆ Le Pen promises French far-right will rein in aid to Ukraine, slams soccer star Mbappé
▼ + stars: | 2024-07-05 | by ( Joseph Ataman | ) edition.cnn.com time to read: +9 min

Le Pen: Mbappé not representativeLe Pen directed most of her ire closer to home. “I’m not contesting the existence of these comments,” Le Pen said, referring to the accusations levelled against her candidates. Top of the list of sensitivities is likely to be foreign policy, where Le Pen and Macron rarely see eye to eye. Many held similar suspicions ahead of the election of hard-right culture warrior Italian Prime Minister Giorgia Meloni in 2022. “It’s a form of interference, and in that sense, I find it unacceptable,” Le Pen said of the post.

Persons: Emmanuel Macron’s, Emmanuel Macron, ”, CNN’s Christiane Amanpour, Kylian Mbappé, Le Pen, Macron, Le, Jordan Bardella, CAESAR, Roman Pilpey, Pen, Mbappé, “, ” Mbappé, “ It’s, Kylian, Franck Fife, ” Le Pen, Bardella, CNN Le, Florent de Kersauson, Daniel Grenon, Grenon, “ I’m, “ That’s, Francois Lo Presti, Vladimir Putin, She’s, Putin, Giorgia Meloni, she’s Organizations: Paris CNN —, CNN, Macron, soccer side’s, Ukraine, National Rally, National Assembly, National, 55th Artillery Brigade, Getty, CNN Le Pen’s, BFMTV, Kyiv, ” Locations: Ukraine, Russia, France’s, Donetsk, AFP, Washington, Kyiv, France, Paris, Hamburg, Germany, Algeria, Cameroon, United States, Brittany, “, ”, Henin, Beaumont, Brussels, Crimea, 2014, Russian, Italian, There’s, Moscow

☆ 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

☆ Far Right’s Surge in France Lays Bare Deep Divisions
▼ + stars: | 2024-07-01 | by ( Catherine Porter | ) www.nytimes.com time to read: +1 min

For many, France feels like a very different place on Monday. The results from the first round of legislative elections, held on Sunday, revealed a country deeply fractured, with a surging far right winning a record number of votes and the near collapse of President Emmanuel Macron’s centrist party. “The far right at power’s door,” the cover of Le Parisien, a daily newspaper, pronounced the morning after the first half of the snap election called by Mr. Macron. “Twelve million of our fellow citizens have voted for a far right party that is clearly racist and anti-Republican,” the left-leaning Libération newspaper declared in an editorial, referring to Marine Le Pen’s National Rally party. If the National Rally takes an absolute majority in the runoff on Sunday, Mr. Macron will be forced to appoint a prime minister from its ranks, who will in turn form a cabinet.

Persons: Emmanuel Macron’s, Le Parisien, Macron, ” Organizations: Republican, Rally Locations: France

☆ 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

☆ 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 elections: Macron on course to lose big as far right surges in first round
▼ + stars: | 2024-06-30 | by ( Saskya Vandoorne | ) edition.cnn.com time to read: +3 min

CNN —Marine Le Pen’s far-right National Rally (RN) party has taken the lead in the first round of France’s parliamentary elections on Sunday, initial projections showed, as President Emmanuel Macron’s party slumped to third place. The RN election party in the northern town of Henin Beaumont erupted in celebration as the results were announced. “Nothing has been won – and the second round will be decisive,” she said. Sunday’s vote was held three years earlier than necessary and just three weeks after Macron’s party was trounced by the RN at the European Parliament elections. Total voter turnout on Sunday is expected to be 65.5%, the highest in a first round of parliamentary elections since 1997 – according to Ipsos estimates.

Persons: Emmanuel Macron’s, IPSOS, Pen, Jean, Marie Le Pen, Henin Beaumont, Le Pen, ”, Jordan Bardella, –, – France’s, Macron Organizations: CNN, Front, Rally, National Assembly Locations: Henin, France

☆ 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

☆ 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

☆ 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

☆ Barricades, betrayal and bust-ups: Macron triggers a wild week in French politics
▼ + stars: | 2024-06-15 | by ( Joseph Ataman | ) edition.cnn.com time to read: +8 min

French President Emmanuel Macron promptly turned the country on its head by announcing a snap legislative election. Marine Le Pen addresses her supporters alongside National Rally President Jordan Bardella during an event on Sunday following the European elections. Marion Marechal addresses supporters of her party, Reconquest, alongside party president Eric Zemmour, left, on Sunday. In his statement on X, formerly Twitter, he refuted Marechal’s accusations that he had sunk a deal with National Rally. The fact of Ciotti’s endorsement, even if rejected by others in his traditionalist party, indicates how far National Rally has moved into mainstream politics.

Persons: defenestrated, Emmanuel Macron, “, ”, there’s, acolyte Jordan Bardella, Macron’s, Jordan Bardella, Julien de Rosa, Eric Ciotti, Republicans –, –, Le Pen’s, Valerie Pecresse, Ciotti, Stephane de Sakutin, Marion Marechal, Eric Zemmour, Marechal, Zemmour, “ Let’s, BFMTV, “ She’s, Ian Langsdon, Le, Julen Chavin Organizations: Paris CNN —, National, National Rally, Republicans, Paris, Facebook, “, Getty Locations: France, France’s, AFP, Paris, Thusrday

☆ French Stocks Tumble to Worst Week in Two Years Over Election Fears
▼ + stars: | 2024-06-14 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

A growing realization that President Emmanuel Macron’s decision to hold snap elections in France may backfire sent the French stock market tumbling on Friday to its lowest level in two years, and prompted warnings from the French finance minister that the economy risks stumbling into a financial crisis. Amid growing signs that Marine Le Pen’s far-right party may be ushered to the brink of power, France’s benchmark stock index, the CAC 40, slumped 2.7 percent. The losses capped a weeklong losing streak that sent shares down more than 6 percent, wiping out all the bourse’s gains since the start of the year. Among the hardest hit stocks were France’s biggest banks, including BNP Paribas and Société Générale, which hold hefty amounts of French sovereign debt. Equally worrisome, the risk premium that investors demand to hold French government bonds over Germany’s, a eurozone benchmark, rose to the highest since 2017, the biggest weekly jump since 2012, when the euro debt crisis was underway.

Persons: Emmanuel Macron’s, Société Organizations: CAC, BNP Locations: France

☆ France, With Elections, Is in Danger - The New York Times
▼ + stars: | 2024-06-13 | by ( Cole Stangler | ) www.nytimes.com time to read: +2 min

President Emmanuel Macron’s decision to dissolve the National Assembly and hold snap legislative elections on June 30 and July 7 has given the far right its best shot at governing France for the first time since the Vichy regime of World War II. The move stunned the country’s political class, including high-ranking Macronists from whom the president’s plans were reportedly heavily guarded. And for much of France, the decision remains perplexing. But make no mistake: France is in danger. Since the 2022 legislative elections denied his electoral alliance a majority in the National Assembly, his coalition has been forced to seek support from other parties, namely the right-wing Republicans.

Persons: it’ll, Emmanuel Macron’s, Macronists, Macron Organizations: National Assembly, France, Republicans, Republican Locations: Vichy, France

☆ How Jordan Bardella has helped give the far right an acceptable face in France
▼ + stars: | 2024-06-12 | by ( Saskya Vandoorne | ) edition.cnn.com time to read: +6 min

He’s poised to become the next prime minister if the French president loses his gamble in the upcoming snap election. Bardella, the National Rally party leader, grew up an only child in social housing in Seine-Saint-Denis, a working-class suburb in the northeast of Paris. Le Pen handpicked the young politician to head the party in 2022 – ending a 50-year-rule by the Le Pen dynasty – and bring a fresh boost to the French populist right. Le Pen, a self-described Bardella groupie, has said she’s always been a great admirer of his and that he shows great maturity. Bardella and Le Pen attend the National Rally party's Congress in Paris, France, November 5, 2022.

Persons: Jordan Bardella, Emmanuel Macron’s, He’s, Denis, ” Bardella, ”, Macron, Le Pen, Le, Marine’s, Jean, Marie Le Pen, Bardella, Jeff Pachoud, Dominique Moisi, “, relatable, Luc Mélenchon, Critics, Eric Ciotti, France’s, Pen, Bardella –, –, she’s, Christian Hartmann, Emma Leyo Organizations: Paris CNN —, National Rally, Sorbonne, France, National, Macron’s, BFMTV, Republicans, Rally party's Locations: French, Seine, Paris, France, AFP, East, Africa

☆ France’s Conservative Leader Calls for Alliance With Far Right
▼ + stars: | 2024-06-11 | by ( Aurelien Breeden | ) www.nytimes.com time to read: +1 min

The head of France’s mainstream conservative party on Tuesday called for an alliance with the far right in upcoming snap elections, throwing his party into deep turmoil as the shock waves from President Emmanuel Macron’s decision to dissolve the lower house of Parliament continue to course through French politics. The announcement, by Éric Ciotti, the head of the Republicans, was a historic break with the party’s longstanding line and its ties to former President Charles de Gaulle. Mr. Ciotti’s call was immediately met with a chorus of angry disapproval from within his own ranks. No leader of any mainstream French political party has ever previously embraced a possible alliance with Marine Le Pen’s National Rally, or its predecessor, the National Front. The elections for the National Assembly, the lower and more powerful house of France’s Parliament, are scheduled for June 30 and July 7.

Persons: Emmanuel Macron’s, Éric Ciotti, Charles de Gaulle, Ciotti’s, Macron, Ms, Le Pen’s protégé, Jordan Bardella Organizations: Republicans, Marine, National Assembly, National Rally Locations: Europe

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