Pound V euro: GBP strengthens against EUR after Macron French election victory

19 Mai, 2017, 18:25 | Author: Marc Bacque
  • Pound V euro: GBP strengthens against EUR after Macron French election victory

Emmanuel Macron has won a resounding victory in the French presidential election but the focus will shift immediately to whether he can govern the country without the support of a traditional party.

Macron has vowed to strengthen the European Union and euro and to reform France's economy, which hasn't grown quickly enough in recent years to bring unemployment decisively below 10 percent.

The notion that a new movement under Le Pen could lead to political alliances and entice new voters poses a challenge to Macron, who said during his victory speech that the anger and despair of far-right voters must be acknowledged.

Before the first round of the election last month, he said a deadly attack against a police officer in Paris would have a "big effect" on the vote and he praised Le Pen on immigration, calling her "the strongest on what's been going on in France".

Mr Macron now becomes not only France's youngest president, but also one of its most unlikely.

The election of Macron will undoubtedly make this task more hard. The runoff Sunday saw a sharp spike in voters who abstained or handed in blank or spoiled ballots - representing a third of the electorate.

Marine Le Penn says National Front is now the French opposition.

President-elect Macron had floated the idea of introducing a dose of proportional representation that favours smaller parties or those locked out. His team was also the victim of a hack, which a cybersecurity firm has said bears the hallmarks of Russian involvement.

Le Pen's loss to centrist Emmanuel Macron still gave her a historic number of votes, reflecting the changing image of her once-pariah National Front party from fringe force to a political heavyweight. "The growing threat of terrorism and violent extremism is accompanied by an escalation of local conflicts and the destabilisation of entire regions", Putin said in a congratulatory telegram released by the Kremlin. "In spite of allegations of Russian interference similar to that seen in our country a year ago, democratic institutions across France proved resilient", he said.

Ce que compte faire Emmanuel Macron — Rythmes scolaires
La mesure aurait un effet immédiat puisqu'elle pourrait s'appliquer dès la rentrée de septembre prochain. Les communes et conseils d'école auront jusqu'en 2019 pour trancher.


Antarctica is greening due to global warming
Annual temperatures there have crept up about 0.5 degrees Celsius each decade since the 1950s. We did say 'Go green, ' but this is really not what we had in mind.


Autodesk, Inc. (ADSK) Given Buy Rating at Evercore ISI
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Zacks Investment Research raised Autodesk from a "sell" rating to a "hold" rating in a research note on Tuesday, February 7th.


Macron's victory has therefore pushed back any fear that France was on a road that could have led to the breakup of the European Union and the euro itself.

European Commission chief Jean-Claude Juncker wrote on Twitter that he was "happy that the French chose a European future".

"The French people have chosen hope over fear, chosen to look forward rather than backward".

Whatever Le Pen's defeat means for populism's long-term future, Macron's victory can not disguise the fact that France remains a deeply-riven society on a number of issues and those divisions are not going to go away anytime soon.

Hollande also called Macron to "warmly" congratulate him on his victory.

"In these conditions it is especially important to overcome mutual mistrust and unite efforts to ensure global stability and security", Putin told Macron.

If another party wins a majority, Macron could be pressured to choose a prime minister from that party in a situation called "co-habitation".

"We congratulate President-elect Macron and the people of France on their successful presidential election", said Press Secretary Sean Spicer.

Conseillé:

  • Facebook Live gets into eSports, will stream ESL matches

    Facebook Live gets into eSports, will stream ESL matches

    The deal with ESL comes after the company secured deals with five esport teams (including G2 Esports, Echo Fox, and Team Dignitas) who will broadcast their practices and competitions exclusively to the site.
    North Korea threat: USA  'monitoring' claim missile could carry nuclear warhead

    North Korea threat: USA 'monitoring' claim missile could carry nuclear warhead

    The mid-to-long range test was supervised by leader Kim Jong Un, reported North Korea's official KCNA news agency. Han also said that the North's defense proliferation was advancing faster than originally expected .

    Bella Hadid and Emily Ratajkowski show leg at Cannes International Film Festival

    On second day of the 70th Cannes Film Festival , the Tamasha girl made a bold statement with graphic eyes in antique green. He suggested they were "two different forms of entertainment" and that Netflix "brings a great amount of connectivity".
  • Carrie Underwood stuns New Kids fans with Nashville surprise

    Carrie Underwood stuns New Kids fans with Nashville surprise

    The NKOTB guys reciprocated with a birthday tune for Underwood ... even though her birthday is in March. The country singer also reunited with former American Idol judge Paula Abdul .

    Rohit Sharma returns in India's Champions Trophy squad

    He will have the support of MS Dhoni and Kedar Jadhav , who impressed a lot in the recent time with his batting performance. Kept faith in 15 Members Squad which will be defeated in England against arch-rivals Pakistan on June 4.
    Leeds United fans react to Jordan Botaka's exit

    Leeds United fans react to Jordan Botaka's exit

    Taylor had recently being linked with a move away from the club, with West Brom one of the teams interested . His loan move was made permanent in January when Leeds paid an undisclosed fee to Qatari side Al-Arabi.
  • Pour ses recommandations musicales, Spotify rachète le parisien Niland

    Pour ses recommandations musicales, Spotify rachète le parisien Niland

    Elle partage la passion de Spotify pour faire apparaître le bon contenu, au bon utilisateur et au bon moment", explique l'entreprise suédoise dans un communiqué .

    Oops! Bella Hadid suffers wardrobe malfunction at Cannes

    This year, the 20-year-old fashion model decide to wear a nude satin dress, opened as much as possible. She also took to Instagram to share a shot with the blue waters of the French Riveira in the backdrop.

    Saudi says Trump visit to bolster security, trade ties

    In 2014, Saudi warplanes joined the US-led coalition fighting Sunni militants from the Islamic State group in Syria and Iraq. This comes on the heels of Trump reportedly sharing classified Israeli intelligence on ISIS with Russian Federation .
  • Trump decries 'single greatest witch hunt' in USA history

    But Trump himself has already said that he was going to fire Comey regardless - and the revelation from McCaskill appeared to bolster that version of events.

    How to Shield Your System Against WannaCry Ransomware Attack

    Even though Microsoft no longer provides updates for Windows XP, it is still widely used in Europe and Asia. But users of older software, such as Windows XP, have to pay hefty fees for so-called "custom" support.

    President Trump: I Didn't Ask Comey to Drop The Flynn Investigation

    He said in a later interview that any talk of impeachment would be premature. Some stories that were massive in Washington did not seem to concern voters.


Populaire

Champions Trophy: India will play in competition
Manish Pandey: Manish Pandey aka Pandey Ji is a stylish and a world class batsman who also plays for KKR. Along with Kuldeep, they are on Standby list.

Rohit, Shami back in 15-member squad for Champions Trophy
Premier off-spinner Ashwin, who has skipped the IPL owing to a sports hernia injury, has been included in the squad . As far as Virat kohli is concerned, he had a break after injury".

Plusieurs médias l'accusent de faire le tri parmi les journalistes — Emmanuel Macron
Nouvelle ministre des Armées, la députée européenne centriste Sylvie Goulard , prend leur suite dans l'ordre protocolaire. Les ministres candidats devront, du reste, démissionner de leur poste s'ils ne sont pas élus.

New Orleans Removes Third Confederate Monument Amid Threats
In a statement , the New Orleans City Park Improvement Association said it's not aware of any evidence that it owns the monument. The area that formerly housed the Jefferson Davis statue will soon feature an American flag, the city announced Thursday night.

Chaffetz resigning from Congress as of June 30
The news conference was held before Chaffetz officially announced his resignation date. Chaffetz wrote on his Twitter account that "I have my subpoena pen ready".

SC suggests govt bring law to address triple talaq issue
"The only remedy is to come before this constitutional court", he told the bench that also included Justices R.F. He said it was not the domain of the court to declare the practice illegal or unconstitutional.

James Wan shares picture of Amber Heard in new 'Mera' costume
When Justice League hits theaters later this year, fans will finally have the chance to see Aquaman and Mera on the big screen. Earlier set photos from the location revealed the film crew building Amnesty Bay, the hometown of Arthur Curry.

Chances of Trump impeachment are low, says Nomura
On Wednesday, the president reportedly interviewed four candidates for Comey's former position at the White House. He took a more cautious tone about Democratic party calls for broader investigations of the Trump administration.

US Extends Iran Nuke Deal Sanctions Relief, Imposes New Ballistic Missile Sanctions
The Syrian agency produces non-conventional weapons such as the chemical weapons that Assad's forces used earlier this year. This may be meant to "undercut the impression that Trump is softening on Iran", The Associated Press wrote.

NBC Hopes Special Counsel Subpoenas Trump Tax Returns
During the 2016 presidential campaign, Trump repeatedly vowed to instruct a special prosecutor to investigate Clinton if he won. But the lingering question hanging over the press conference was what the appointment of Mueller meant for his presidency.