French Election Soothes Sentiments: ETFs Likely to Benefit

French President Francois Hollande and French newly elected president Emmanuel Macron attend a ceremony to mark the anniversary of the abolition of slavery and to pay tribute to the victims of the slave trade

PARIS French President-elect Emmanuel Macron laid the groundwork Monday for his transition to power, announcing a visit to Germany and a name change for his political movement and appearing with his predecessor at a solemn World War II commemoration. The French media might hate her, but they'll cover her every pronouncement, her every controversy, and you can be sure she'll dredge them up, lacerating Macron after every terrorist attack and faulting the globalists for any and all economic disruptions.

Emmanuel Macron won the 2017 runoff French presidential election on Sunday, defeating his rival Marine Le Pen.

Here in the U.S., President Trump is weighing in on the French vote.

Macron rejected Le Pen's plan to strip dual-nationals convicted of terror offenses of French nationality on rights grounds.

After winning the first round two weeks ago, Macron had been accused of behaving as if he was already president.

Symbolically, Macron also said German Chancellor Angela Merkel will be the first foreign leader he will meet as president. Le Pen isn't about to vanish into the historical footnotes and she knows it.

On the eve of the election Macron stated in a French television interview that he backs a two-state solution to the Israeli-Palestinian conflict and that unilaterally recognizing Palestine would cause instability and would harm France's relations with Israel.

"The voting trends in Bengaluru for the elections was representative of the global trends, with most votes for Emmanuel Macron", she said, adding that Le Pen played with people's fears and insecurities.


The Republicans are gearing up to try and gain a majority in parliament, in which case Macron would be reduced to not much more than a figurehead of France's government.

The CGT's Michael Wamen said: "He is no an elected president, he is like a president-CEO".

If Macron wants to reform labour laws - and he said he will do by decree - then he can expect more uprisings in the months and years to come.

Mr Macron said after his win that a new page is being turned in French history, stating: "I want it to be a page of hope and renewed trust".

In 13 districts, Le Pen scored more than 55 per cent of the vote leading many to believe the party will pick up seats in those areas at a minimum.

"The National Front must also renew itself", Le Pen told supporters near Paris after initial exit polls put her at 34% of the vote. "She is from now on the strongest opposition force against Macron".

In Britain, Prime Minister Theresa May said Macron's election makes it even more important for British voters to back her Conservatives and strengthen Britain's hand in European Union exit talks.

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