The value of the Euro jumped to a five-month high, after the first round of voting in the French presidential election on Sunday. Results indicate that independent pro Europe pro deregulation Emmanuel Macron, and far-right Marine Le Pen are through to the final round.
French centrist Emmanuel Macron is set to come out on top in the first round of France's presidential election on Sunday as far right leader Marine Le Pen fell further behind him in an Elabe poll published on Friday. However, neither is totally assured a spot in the May 7 runoff round as both conservative Francois Fillon and hard-left candidate Jean-Luc Melenchon were seen narrowing Macron and Le Pen's lead over them.
Far-right French presidential candidate Marine Le Pen called for a moratorium on legal immigration in a Paris campaign speech. As her campaign reaches its final week before the first round of elections, it was the first time Le Pen said she would, as president, suspend all immigration to France.
Two Frenchmen arrested in Marseille on Tuesday planned an “imminent and violent attack” ahead of the first round of the presidential election on Sunday, France's interior minister said. France's internal intelligence agency, which had been looking for the two suspects for more than a week, had warned main candidates in the election that there was a threat to their security, campaign officials said.
France's presidential election moves into high gear this Monday when the top five contenders face off in a TV debate that could help sway legions of undecided voters, a month before they go to the polls. Centrist frontrunner Emmanuel Macron and far-right leader Marine Le Pen are expected to come under attack in the first of three debates ahead of the April 23 opening round in France's most unpredictable election in decades.
Britain will not be able to hang on to the benefits of European Union membership once it has left, French president Francois Hollande has warned. Hollande, who leaves office in May, said the UK had made a “bad choice at a bad time” in voting for Brexit.
Former presidential candidate Alain Juppe said on Monday he would not run again despite calls within the conservative Les Republicains party for him to replace the increasingly isolated Francois Fillon, who faces defeat over a phony jobs scandal.
The number of international tourists rose by four percent worldwide to 1.2 billion in 2016 as Asians traveled more, but security fears hit visitor arrivals in Europe, the World Tourism Organization (WTO) said. This represents the seventh consecutive year of growth since 2009, when global tourism figures declined four percent as the financial crisis and an outbreak of swine flu saw cash-strapped people stay at home.
Front National leader Marine Le Pen has called for a new French currency and pledged to hold a referendum on the country’s membership of the European Union if she is elected French President later this year.
A French court on Monday found International Monetary Fund (IMF) chief Christine Lagarde guilty of negligence for her doings as finance minister in 2008, when she failed to challenge a state arbitration payout to a business tycoon in.