The market reaction to Emmanuel Macron’s victory in the French presidential election has been muted so far, with investors having to a large extent anticipated the result. “The euro went up a bit, down a bit and ended pretty much where it was last week. Damp squib would be an overstatement,” as Kit Juckes at Société Générale put it. At pixel time, the euro was trading at […]
Authored by James Holbrooks via TheAntiMedia.org, “It was easy enough to spot my cheerleader: She was the only person shouting in a crowd of quiet, curious, shy supporters. Her visage dug with deep wrinkles, but she was full of energy and smiles. When I saw her, I merged to the right and gave her a high-five. When I did, a group of women started to cheer me, […]
In the early 1990s, the Dubai-based Spanish craftsman Pedro de Aranda was called upon to create a sculpture of a solid-gold falcon for Sheikh Zayed, the founding President of the UAE. De Aranda rendered the piece in his Paris workshop and brought it over to Abu Dhabi. A few months later, the then president of France was gifted the bird when he visited the UAE, and it […]
Emmanuel Macron’s triumph in the French presidential election nudged the euro to a six-month high against the dollar, with analysts and investors predicting that the result could spur a return of money to the eurozone. The euro inched up 0.1 per cent to $1.1021 in the hours after it became clear the centrist had beaten Marine Le Pen, before dipping 0.1 per cent to $1.0977 as Asian trading started. […]
By Patricia Zengerle | WASHINGTON WASHINGTON Two officials in former President Barack Obama’s administration will testify on Monday in a Senate investigation into allegations of Russian meddling in the 2016 U.S. election and possible collusion between President Donald Trump’s campaign and Moscow. James Clapper, the Director of National Intelligence under Obama, and Sally Yates, who was Deputy Attorney General, will testify to the Senate Judiciary subcommittee on […]
BERLIN Europe’s political establishment entered 2017 in a state of panic. Britain had voted to leave the European Union six months before and the United States had just elected a president who was hostile to their grand project and the values it stood for. The same forces that had led to Brexit and Donald Trump – popular anger with distant elites, economic inequality and immigration – threatened […]
WASHINGTON President Donald Trump took aim again on Sunday at Rexnord Corp (RXN.N) for the industrial supplier’s decision to move jobs to Mexico from Indiana. Milwaukee-based Rexnord announced plans in October to move a bearing plant and its 300 jobs from Indianapolis, employees told the Indianapolis Star at the time. “Rexnord of Indiana made a deal during the Obama Administration to move to Mexico. Fired their employees,” […]
By Fumbuka Ng’wanakilala | DAR ES SALAAM DAR ES SALAAM Thirty-two schoolchildren, two teachers and a minibus driver where killed in Tanzania when their vehicle plunged into a roadside ravine in the northern tourist region of Arusha on Saturday, a senior police official said. “The accident happened when the bus was descending on a steep hill in rainy conditions,” Arusha regional police commander Charles Mkumbo told Reuters […]
By Felix Onuah and Ahmed Kingimi | ABUJA/MAIDUGURI, Nigeria ABUJA/MAIDUGURI, Nigeria Boko Haram militants have released 82 schoolgirls out of a group of more than 200 whom they kidnapped from the northeastern town of Chibok three years ago in exchange for prisoners, the presidency said on Saturday. Around 270 girls were kidnapped in April 2014 by the Islamist militant group, which has killed 15,000 people and displaced […]
Sign up to receive FirstFT by email here Emmanuel Macron, an independent centrist, won an emphatic victory in France’s presidential run-off against Marine Le Pen, the far-right Front National leader, on Sunday, taking 65.1 per cent of the vote, according to estimates. Mr Macron’s victory is a phenomenal achievement for the 39-year-old former Rothschild banker, who has never before held elected office and whose political movement En Marche! was […]
With the kick off of Microsoft’s Build 2017 developer conference this week, I’m expecting to hear the phrase “on the edge” more than a few times. Microsoft CEO Satya Nadella set the stage for the coming distributed computing/edge computing talk during the company’s recent earnings call with press and analysts. “When everyone’s talking about the cloud, the most interesting part is the edge of the cloud,” Nadella […]
Phil Schiller, Apple’s senior vice president of worldwide marketing, mocked the Amazon Echo and Google Home devices before hinting that the rumored Siri-powered smart speaker will come with a display. With the shots fired and the hinted feature, Apple’s pending entry into the smart speaker market has suddenly become even more interesting. Schiller Fires Shots at Amazon Echo, Google Home In an interview with India’s Gadgets 360, Schiller […]
DUBAI Iran’s supreme leader on Sunday criticised the government of President Hassan Rouhani for promoting a “Western-influenced” United Nations education plan which his hardline allies have said contradicts Islamic principles. Ayatollah Ali Khamenei’s remarks came ahead of May 19 polls, in which the president is seeking re-election. “In this country, the basis is Islam and the Koran. This is not a place where the faulty, corrupt and […]
Independent centrist Emmanuel Macron has won an emphatic victory over far-right candidate Marine Le Pen in France’s presidential election, according to preliminary estimates. Macron won 65.1% of the second round vote, according to preliminary estimate by Ipsos-Sopra Steria, while Le Pen secured 34.9% Hackers hit the Macron campaign with a ‘massive’ document leak on Friday night Take a look at the FT’s poll tracker […]
By Noah Barkin and Leigh Thomas | BERLIN/PARIS BERLIN/PARIS After a decade of slow growth, rising unemployment and dwindling competitiveness, France elected a president on Sunday who says he has a plan to pull the country out of its economic malaise. Emmanuel Macron, a former investment banker who quit the government of Francois Hollande twice out of frustration with the slow pace of reforms, is promising […]
A MEMBER of the powerful Commission on Appointments (CA) on Sunday prodded Senate President Aquilino Pimentel 3rd to investigate President Rodrigo Duterte’s claim that the panel rejected the appointment of Regina Lopez as Environment Secretary because of “lobby money.” Rep. Josephine Ramirez-Sato of Occidental Mindoro said Pimentel, the chairman of the CA, should probe the bribery allegations against members of the appointments body and mete out appropriate […]
PARIS France’s far-right National Front must be relaunched, Marine Le Pen said on Sunday after conceding defeat to centrist Emmanuel Macron in France’s presidential election . “The National Front … must deeply renew itself in order to rise to the historic opportunity and meet the French people’s expectations,” Le Pen said in a brief address to supporters shortly after initial projections were released. “I will propose to […]
Live Feed from France 24: After an extraordinary election campaign full of twists and turns, Emmanuel Macron won dramatic victory over Marine Le Pen in the French presidential election, taking 65% of the vote, with Le Pen collecting roughly 35%, according to early estimate from four separate French pollsters. Macron, 39, will become the youngest president of France’s Fifth Republic. As BBG notes, the firms sampled real […]
Paraguay President, Horacio Cartes, has announced plans to open the country’s first commercial representative office in the UAE later this year, which will aim to boost trade and investment flows between the two countries. The announcement came during a recent meeting with a Dubai Chamber delegation in Asuncion, where he expressed his intention to build bridges between business communities on both sides. The meeting was held on […]
The Federal Reserve risks political interference and losing its independence if it maintains a large balance sheet in the longer term, former Fed officials have claimed, as debate over the central bank’s strategy for unwinding its interventions in financial markets intensifies. Kevin Warsh, a visiting fellow at the Hoover Institution at Stanford University and former Fed governor, said permanently holding vast quantities of assets like treasuries was […]
BRUSSELS More than 60 percent of voters have cast or were planning to cast their ballots in French presidential elections for Emmanuel Macron according to surveys carried out on Sunday, Belgian media said. “According to three different institutes, Emmanuel Macron would be first in the presidential election with a result above 60 percent,” Le Soir newspaper said. Belgian public broadcaster RTBF said polls put Macron’s share of […]
BOSTON Former U.S. President Barack Obama is expected in Boston on Sunday to receive the John F. Kennedy Foundation’s annual “Profile in Courage Award,” honoring his accomplishments during his two terms in office in the face of intense political opposition. “President Kennedy called on a new generation of Americans to give their talents to the service of the country,” said Caroline Kennedy, John F. Kennedy’s daughter, who […]
PARIS The courtyard of the Louvre Museum in Paris, where French presidential candidate Emmanuel Macron was due to speak later on Sunday, was briefly evacuated after a suspect bag was found. Police in the French capital said they made security checks of the area as a precaution and later added that the situation there had returned to normal. Centrist Macron, who is tipped to beat the far […]
By John Ruwitch | SHANGHAI SHANGHAI Organisers barred journalists on Sunday from a publicly advertised event in Shanghai to attract Chinese investment in a U.S. real estate project linked to the family of President Donald Trump’s son-in-law in exchange for immigrant visas. The two-tower luxury apartment complex in New Jersey, One Journal Square, is being developed by KABR Group and the Kushner Companies, which until recently was […]
