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French far-right projected to win snap election without absolute majority

The far-right National Rally was forecast to win a snap election in France but fall short of an absolute majority in the first opinion poll published after President Emmanuel Macron’s shock decision to dissolve parliament. Following a massive loss for his Renaissance party in Sunday’s European Parliament election, Macron announced snap elections for the lower […]

Europe jolted by Macron’s snap election call

A look at the day ahead in U.S. and global markets by Samuel Indyk The expected rightward shift in the European Parliament after a four-day election has still managed to jolt European markets as gains for the far-right in France prompted French President Emmanuel Macron to call a snap parliamentary election. French bonds and stocks […]

Euro Slumps as European Politics Raises Market Uncertainty

(Bloomberg) — Heightened political uncertainty in Europe is piling pressure on the euro. Most Read from Bloomberg The common currency slid to its lowest in a month against the dollar after French President Emmanuel Macron and German Chancellor Olaf Scholz were trounced by far right parties in European elections Sunday. With the results leading the […]

Opinion | Is Europe seeking to accelerate its move away from US influence?

Josep Borrell, the European Union’s high representative for foreign affairs and security policy, said at the Munich Security Conference in February that accusations of double standards against the West “is something that we need to address, and not only with nice words”. By choosing to recognise a Palestinian state, Ireland, Norway and Spain have gone […]

Russia starts tactical nuclear drills near Ukraine, citing Western ‘threats’

Russia on Tuesday announced the start of tactical nuclear weapons drills close to Ukraine, in what it said was a response to Western “threats”. Throughout its two-year offensive on Ukraine, Moscow has repeatedly talked-up its arsenal of nuclear weapons and its readiness to deploy them if it senses an existential threat. The West has accused […]

Opinion | China won’t help EU relations by befriending unpopular European leaders

In Serbia, Xi met his counterpart, President Aleksandar Vucic, a friendly leader who has opened the country’s economic doors wide to China through infrastructure projects such as the takeover of Smederevo steelworks, building of Pupin Bridge and development of Zijin Mining’s copper basin. Serbia’s economy is small but its welcome for the Chinese president was […]

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