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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
French President Emmanuel Macron broke his silence on the political earthquake that took place in France last weekend, calling on mainstream parties to work together to form a coalition government. In an open letter to regional newspapers on Wednesday, Macron said "no one won" the parliamentary election and called on mainstream parties with "republican values" to form a governing alliance. With just 180 seats, the NFP fell short of achieving an absolute majority of 289 in the 577-seat National Assembly, France's lower house of parliament. Macron's centrist 'Together' bloc came second in the ballot with 163 seats, and RN and its allies won 143 seats. They can reject the nomination of a party, if it's not seen to have enough seats to form a stable government.
Persons: Emmanuel Macron, Macron, France's, That's, Luc Mélenchon —, it's Organizations: CNBC, Front, NFP, National Assembly, French Communist Party, Socialist Party, Greens, France Unbowed Locations: France, Le Touquet
Aides to the president told CNN that not only are they no longer interested in discussing Biden’s on-stage fiasco last month, and there are simply no outstanding questions about the president’s political future to debate. “We’re done talking about the debate and focused on a singular mission: Defeating Donald Trump in November,” one Biden aide told CNN. Tuesday’s White House press briefing was once again dominated by questions about Biden’s health, mental fitness and the political fallout of the debate. “Jill and Valerie won’t let him go down in flames,” this adviser told CNN, referencing the president’s wife and sister by their first names. Michael Bennet of Colorado, Sherrod Brown of Ohio and Jon Tester of Montana all said they thought Biden cannot win the election, a source familiar told CNN.
Persons: Joe Biden’s, Biden, Donald Trump, , , Trump, It’s, Jill, Valerie won’t, Hakeem Jeffries, Jeffries, Jim Clyburn, Michael Bennet of Colorado, Sherrod Brown of, Jon Tester, Chuck Schumer, Karine Jean, Pierre, Jean, ” CNN’s Nikki Carvajal, Annie Grayer, Dana Bash, Ted Barrett, Michael Williams Organizations: Washington CNN, CNN, Diplomats, NATO, Biden, Capitol, Democratic, Monday, Democratic Convention, Trump, Democrat, Capitol Hill, Democrats ’, Democratic Rep, Sens, Locations: Biden’s, Tuesday’s, Washington, Sherrod Brown of Ohio, Montana
But the president’s abject debate performance and defiance in the aftermath have badly weakened his standing in a party already unenthusiastic about his campaign. Any slip ups or confusion would rip off the fragile patch Biden has fixed on the dam of Democratic Party support. Biden needs one of his classic comebacks more than everStill, it’s too early to count Biden out. “We concluded that Joe Biden is old; we found out, and the polling came back that he’s old,” Fetterman told CNN. Many of the CBC’s members are in solid blue districts and may be under less pressure than frontline Democrats who have criticized the president’s debate performance.
Persons: Joe Biden’s, Donald Trump, Biden’s, , , Biden, Trump, Karine Jean, Pierre, , America’s, CNN’s Kayla Tausche, it’s, CNN’s Dana Bash, — Michael Bennet of Colorado, Sherrod Brown of, Jon Tester, ” Bennet, CNN’s Kaitlan Collins, “ Donald Trump, ” Sen, Angus King, King, Pennsylvania Sen, John Fetterman, Joe Biden, ” Fetterman, Chuck Schumer, Joe, Jerrold Nadler, he’d, “ I’m, He’s, I’m, ” Nadler, Marc Veasey, ” Veasey, CNN’s Manu Raju, he’s, Mikie Sherrill, Pete Aguilar, Kamala Harris, stokes, ” Harris, Harris Organizations: CNN, Democratic, Republican, party’s, NATO, Biden, Democratic Party, Russia, Republican National Convention, Trump, Montana, Pennsylvania, New York Rep, New, Democrat, Congressional Black Caucus, House Democratic Caucus, Texas, , Office, California Democrat Locations: Florida, Washington, Ukraine, Milwaukee, Sherrod Brown of Ohio, Maine, Mikie Sherrill of New Jersey, California, Las Vegas, United States
Read previewA Navy sailor was disciplined after he tried to access President Joe Biden's medical records. On February 23, he looked up "Joseph Biden" on the military's Genesis Medical Health System three times, an official familiar with the situation told CBS News. "He did not pull up the right Joe Biden," the official told CBS News. Related storiesThe official told the outlet that the sailor admitted to the act, and said he had tried to access the records "out of curiosity." And a Monday White House press briefing turned heated when reporters probed Press Secretary Karine Jean-Pierre for details of a neurologist's visits to the White House.
Persons: , Joe Biden's, Joseph Biden, Joe Biden, Tim Hawkins, Donald Trump, Sen, Lindsey Graham, Karine Jean, Pierre, Biden, Kevin O'Connor, Kevin Cannard, Navy didn't Organizations: Service, Navy, CBS News, Health, CBS, Business, Associated Press, White, Politico, Democrats Locations: Fort Belvoir, Virginia
watch nowFrench borrowing costs still face a "blowout" over those of Germany, as political and economic reality sets in following the country's parliamentary election, according to veteran investor David Roche. Bond yields move inversely to prices and represent the change in borrowing costs for a government — also indicating long-term investor confidence in the economy. Now, my view is that it will happen," Roche told CNBC's "Squawk Box Europe" on Tuesday. watch nowAlong with economic growth prospects, a key watch-point for investors is France's hefty budget deficit and high debt-to-GDP ratio of 110%. There are about seven major pillars, they suddenly will go absolutely nowhere, which is disastrous for Europe," Roche told CNBC.
Persons: David Roche, Jean, Claude Trichet, , Emmanuel Macron, Roche, CNBC's, shorting, Macron, " Roche Organizations: European Central Bank, CNBC, Quantum, French National Assembly, European Commission, National Locations: Germany, France, Europe, Italy, Ukraine
Read previewThere is perhaps no better example of the hedge fund industry's maturation than Brevan Howard. The $35 billion firm has changed considerably since 60-year-old Alan Howard stepped back from running its day-to-day operations in 2019. Now, Howard — the firm's majority owner — no longer manages money at Brevan. The firm's two biggest funds — the long-running, $11.9 billion Master Fund and the younger, $12.2 billion Alpha Fund — each manage more money now than the entire firm did five years ago. Advertisement"The real challenge is keeping the trading talent," said Nagi Kawkabani, a former Brevan Howard co-CEO told Institutional Investor in 2019.
Persons: , Brevan Howard, Alan Howard, Howard, Howard —, Rishi Shah, Fash, Minal Bathwal, Trifon Natsis, Aron Landry, James Vernon, Jean, Philippe Blochet, Chris Rokos —, Natsis, Landry, Brevan, Nagi Kawkabani, Shah, Shaw, He's, he's Organizations: Service, Business, Fund, Alpha, Credit Suisse, Alpha Fund, Citadel, Bloomberg, Investor, United Arab, Winton Group Locations: Brevan, Ville, Natsis, Abu Dhabi, United Arab Emirates
Read previewJoe Biden is facing mounting pressure to prove he's medically fit to run for a second term, but experts say a cognitive test could set a dangerous precedent. Speaking on CBS's "Face the Nation," Sen. Lindsey Graham said all presidential nominees, including Biden and Trump, should take a cognitive test. Cognitive tests are usually quick and simple and can check for functions such as concentration, abstract thinking, language, and memory. He told ABC's Stephanopoulos on Friday: "I have a cognitive test every single day." According to White House press secretary Karine Jean-Pierre, after Biden's physical in February, his doctors decided he didn't need a cognitive test.
Persons: , Joe Biden, Biden, Donald Trump, ABC's George Stephanopoulos, Sen, Lindsey Graham, Trump, Kevin O'Connor, Dr, Kenneth Boockvar, Biden hasn't, ABC's Stephanopoulos, Karine Jean, Pierre, Thomas, it's, Andrew Payne, I'm, Charan Ranganath, Payne Organizations: Service, Business, Reuters, Biden, Washington Post, Gerontology, Geriatrics, University of Alabama, White, University College London, Mensa, City University, University of California, BI Locations: Birmingham
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Bank of France President Trichet: Reasonably confident France will find political solution, no current party can rule aloneJean-Claude Trichet, former Governor of the Bank of France and former president of the European Central Bank, shares his outlook for the French hung parliament and mentions which economic plan he sees as a 'catastrophe' for the country.
Persons: Trichet, Jean, Claude Trichet Organizations: Former Bank of France, Bank of France, European Central Bank Locations: France
CNN —President Joe Biden saw a neurologist at the White House in January as part of his annual physical, White House press secretary Karine Jean-Pierre said in a new statement Tuesday evening, correcting her comment from earlier in the day that the specialist’s visit earlier this year had not been related to the president. “It was one of the three times the President has seen Dr. Cannard, each time for his physical. The findings from each exam have been released to the public.”Jean-Pierre had been asked in Tuesday’s White House press briefing whether neurologist Dr. Kevin Cannard’s meeting with the president’s physician, Dr. Kevin O’Connor, on January 17 was “related to care for the president himself.” (CNN previously confirmed via White House visitors’ logs that the two men had met in January at the White House.) Cannard was listed on the White House visitors logs multiple times over the past year, but only once – in January – shown to have met with O’Connor. The reason for that particular visit had been a focus of multiple questions in Monday’s White House press briefing.
Persons: Joe Biden, Karine Jean, Pierre, O’Connor, Cannard, ” Jean, Pierre said, Kevin Cannard’s, Kevin O’Connor, , Jean, , Pierre’s, Biden Organizations: CNN, White, , White House Locations: White, Jean
A Parkinson's Disease expert repeatedly visited the White House between last summer and this spring. On at least one occasion, Dr. Kevin Cannard met with President Joe Biden's White House doctor. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe White House is refusing to say why a Parkinson's Disease expert met with President Joe Biden's doctor earlier this year. In fact, White House press secretary Karine Jean-Pierre won't even confirm that the meeting took place — even though due to Biden's own policy, the doctor's eight visits are public information.
Persons: Kevin Cannard, Joe Biden's, It's, , Karine Jean, Pierre won't, I'm, Jean, Pierre, Ed O'Keefe Organizations: White, Service, CBS
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCentrist parties won't allow Jean-Luc Melenchon to become France's PM, analyst saysAntonio Barroso, deputy director of research at Teneo, says centrist parties will not allow a divisive, far-left figure like France Unbowed's Jean-Luc Melenchon to lead a future government.
Persons: Jean, Luc Melenchon, Antonio Barroso, France Unbowed's Jean Locations: France
The White House briefing room devolved into shouting on Monday as the press secretary, Karine Jean-Pierre, repeatedly dodged and refused to answer questions about the president’s health, and whether visits to the White House by a Parkinson’s doctor were about the president. Dr. Kevin Cannard, a neurologist at Walter Reed National Military Medical Center who specializes in movement disorders, visited the White House eight times in eight months, according to official visitor logs. But at Monday’s daily briefing, Ms. Jean-Pierre refused to talk about Dr. Cannard or to acknowledge his visits to the White House, even after The New York Times and other news organizations reported on the logs. Several reporters in the briefing room accused Ms. Jean-Pierre of withholding important information about the president’s health. The White House has been under growing criticism from fellow Democrats as well as the news media for not being more forthcoming about Mr. Biden’s physical and mental state.
Persons: Karine Jean, Pierre, Kevin Cannard, Jean Organizations: Walter Reed National Military Medical Center, White House, White, The New York Times, Mr
Washington CNN —A top Parkinson’s disease specialist held a meeting with President Joe Biden’s physician at the White House earlier this year, according to records, though the circumstances of the meeting are unclear. Dr. Kevin Cannard, a neurologist at the Walter Reed National Military Medical Center, met with White House physician Dr. Kevin O’Connor at the White House in mid-January, according to White House visitor logs. Cannard has visited the White House at least eight times over the past year, according to the logs, beginning last August and ending with the March 28 meeting. Publicly available profiles name Cannard as a neurology specialist supporting the White House Medical Unit. Both the White House and Biden have repeatedly been asked about tests and doctors visits in the months before the debate and the moments after.
Persons: Joe Biden’s, Kevin Cannard, Kevin O’Connor, Cannard, O’Connor, Andrew Bates, Walter Reed, Bates, Biden, Karine Jean, Pierre, , , Jean, I’m, ” Jean, — who’s, , Donald Trump, , “ You’re, ” Biden, , Mika Brzezinski, – Biden, Biden wasn’t, CNN’s Arlette Saenz Organizations: Washington CNN, White, Walter Reed National Military Medical Center, White House, Press, Medical Unit, Democratic, ABC, Parkinson’s, MSNBC Locations: White, Cannard, France, Italy
Hong Kong CNN —Beijing has intensified its anti-dumping investigation into imports of European brandy. The announcement came on the same day as the European Commission’s additional provisional tariffs on imports of Chinese-made electric vehicles came into effect. On Saturday, the China Association of Automobile Manufacturers, a state-backed auto association, said it was “strongly dissatisfied” with the additional EU tariffs on Chinese EVs and considered them “unacceptable.”Major stakeholders are bracing for retaliatory moves by Beijing. China’s probe into Europe’s cognac is a tit-for-tat reaction to EU action on Chinese EVs, said Jean-Jacques Guiony, chief financial officer of LVMH (LVMH), at an economic conference on Saturday, according to a Reuters report. The European Commission, the EU’s executive arm, announced last month that it would hike tariffs on Chinese EVs.
Persons: , Jean, Jacques Guiony, LVMH, Hennessy, Organizations: Hong Kong CNN —, EU, China Association of Automobile Manufacturers, EV, European Commission, of America Locations: Hong Kong, Hong Kong CNN — Beijing, China, Beijing, French, France, “ Beijing
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
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFrance is more divided than ever after run-off vote, professor saysArmin Steinbach, Jean Monnet professor of EU Law and economics at HEC Paris, comments on the outcome of the second round of the French election.
Persons: Armin Steinbach, Jean Monnet Organizations: EU Law, HEC Paris
And at some Chipotle locations, customers filmed workers to try to make sure they didn't skimp on their burrito bowls. The three joined a growing list of consumer brands contending with customers' deep frustration over high prices — and wariness that prices will only rise more. Walmart, on the other hand, said the new price tags will cut a tedious task from store workers' to-do lists. They eliminate the need for store workers to swap out traditional paper tags. Shoppers at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024.
Persons: Wendy's, Jean, Pierre Dubé, David Chavern, Donald Trump, Joe Biden, Kevin Lamarque, hasn't, Dianna Campbell, she's, Campbell isn't, Biden, skimping, Sen, Bob Casey, Andrea Foote, Tricia Moriarty, it's, Jim Cramer, CNBC's, Brian Niccol, Chipotle, We've, Wells, Zachary Fadem, Brandon Bell, It's, Kirk Tanner, Yuki Iwamura, Cristina Rodrigues, Gabby Jones Organizations: Walmart, University of Chicago Booth School of Business, Consumers, U.S . Bureau of Labor Statistics, Consumer Brands Association, Procter, Gamble, Pew Research, Pew, Reuters Shrinkflation, Federal Reserve, Customers, Gatorade, PepsiCo, CNBC, Chipotle, New York, Mexican Grill, Getty, American Farm Bureau Federation, Bloomberg, University of Chicago Locations: U.S, Goffstown , New Hampshire, Manhattan, New York City, Mexican, Austin , Texas, Queens, New York, Europe, Secaucus , New Jersey, US
Founder of left-wing party La France Insoumise (LFI) Jean-Luc Melenchon reacts during the election night of left-wing party La France Insoumise (LFI) following the first results of the second round of France's legislative election at La Rotonde Stalingrad in Paris on July 7, 2024. After the left-wing's election success in France on Sunday, all eyes are now on radical firebrand Jean-Luc Mélenchon who has demanded the left be given the premiership and a chance to govern following its unexpected election win. The New Popular Front (NFP) coalition — of which Mélenchon is the self-appointed figurehead — won the largest number of seats in the second round of France's snap parliamentary election. Europe had braced itself for France's far-right to win the largest number of votes in the second round of France's snap election. French President Emmanuel Macron's centrist "Together" bloc came in second with 163 seats and the far-right National Rally and its allies won 143 seats.
Persons: Jean, Luc Melenchon, Luc Mélenchon, , Mélenchon, Emmanuel Macron's, Gabriel Attal, Mélenchon —, Hugo Chavez, he'd Organizations: France, La Rotonde, Front, NFP, France Unbowed, Socialist Party, French Communist Party, National Assembly, NATO Locations: La, La Rotonde Stalingrad, Paris, France, Europe
Macron had called for a new legislative nationwide vote in France after the country's far-right party made significant gains in the European Union election last month. The gamble that French President Emmanuel Macron took when he called a snap election has not paid off, according to Armin Steinbach, Jean Monnet professor of EU Law and economics at HEC Paris. Macron's centrist Ensemble bloc is set to make up the second-largest group in parliament, followed by the RN and its allies. Just because the far-right did not perform as they had hoped in this election does not mean they should be discounted for the presidential election in 2027, Steinbach added. "For today it's a loss for them, … but it doesn't tell us anything about the 2027 presidential election.
Persons: Macron, Steinbach, CNBC's Charlotte Reed, Emmanuel Macron, Armin Steinbach, Jean Monnet, Tina Fordham, CNBC's, Fordham, HEC's Steinbach Organizations: Popular Front, Interior Ministry, Union, EU Law, HEC Paris, Fordham Global Insight, European Union Locations: Paris, France, Steinbach
CNN —Two flintlock Gossard pistols once owned by French Emperor Napoleon Bonaparte have sold at auction for €1.69 million ($1.83 million). They were originally valued at an estimated €1.2 million-€1.5 million ($1.3 million- $1.63 million). According to the auctioneer, they were given to Napoleon’s friend and squire Armand de Caulaincourt just after the emperor attempted suicide in April 1814. The emperor “had frequently examined his pistols, removing bullets from his nécessaire” during this time, Osenat reports Caulaincourt as saying. Last November, Osenat sold one of Napoleon’s famous black hats for a record €1.932 million ($2.1 million).
Persons: French Emperor Napoleon Bonaparte, Armand de Caulaincourt, Michel Bury, Osenat, Napoleon, Caulaincourt, “ Napoleon, , Jean, Pierre Osenat, Organizations: CNN, Sunday Locations: French, Fontainebleau, Paris, Russia, Elba, Burr, France
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
A woman steps out of a polling booth prior to cast her vote in the first round of parliamentary elections in Le Touquet, northwestern France, on June 30, 2024. LONDON — France's left-wing New Popular Front coalition is set to unexpectedly win the most seats in the second round of the country's parliamentary election but fail to clinch an absolute majority, early data showed. By offering voters a starker choice and fewer candidates, RN's opponents hoped that the electorate would choose the non-RN candidate. The prime minister must leave," Jean-Luc Melenchon, leader of the France Unbowed party, said in a CNBC-translated social media update after the release of the early poll data. The final round of the election shows that voters, ultimately, have rejected Macron.
Persons: France's, France Unbowed, Ipsos, Emmanuel Macron's, , pollster Ipsos, Jean, Luc Melenchon, Macron, Melenchon, Macron's Organizations: LONDON, Popular Front, Socialists, CNBC, NFP, National Rally Locations: Le Touquet, France, Europe's
CNN —Paris’ iconic Moulin Rouge windmill has been fitted with new blades, nearly three months after they fell off the landmark. Jean-Victor Clerico, General Manager of Moulin Rouge Paris, said that the aim was to reinstall the blades before July 15, when the Olympic flame passes the venue on its way to the opening of the Summer Games. Located in Paris’ Montmartre district and established in 1889, the Moulin Rouge is one of the world’s most famous cabaret clubs. Over the years, the venue has endured fires and undergone renovations to maintain its grandeur, according to the Moulin Rouge website. The unveiling of the new Moulin Rouge windmill comes as another iconic Parisian venue closes.
Persons: Jean, Victor Clerico, de Maismont, BFMTV, Michou, Liza Minnelli, Serge Gainsbourg Organizations: CNN, Paris, BFMTV, Summer Locations: Moulin Rouge, Moulin Rouge Paris, AFP, Paris, Paris ’ Montmartre
By doing so, Macron hoped the voters would establish a stronger mandate in the lower house and strengthen his influence on the world stage. AdvertisementThe New York Times reported that Macron, without a majority in the lower house and relegated to political maneuvering, said his decision was inevitable. On June 30, the National Rally Party again dealt a huge blow to Macron's Renaissance party and its allies by securing 33% of votes in the first round of voting, which saw a high turnout. AdvertisementMacron's centrist coalition, the Ensemble, which includes the Renaissance party, came in second with a projected 148 seats, while the far-right National Rally came in third with 142 seats. Jean-Luc Mélenchon, leader of the left-wing alliance, called the results an "immense relief for a majority of people in our country," the AP reported.
Persons: , Emmanuel Macron's, Macron, Pen, Jean, Luc Mélenchon Organizations: Service, Rally, National, Marine, Renaissance, Business, National Assembly, New York Times, National Rally Party, Associated Press, Times, New, The Times, AP Locations: France, Nazi
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