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Putin Urges France's Macron to Overcome Mutual Mistrust After Election Win
20 May 2017, 04:43 | Terri Saunders
Emmanuel Macron Declared French President In Early Vote Counts
European stocks and the euro pulled back on Monday from highs touched after Emmanuel Macron's emphatic but well-flagged victory in France's presidential election as investors' focus shifted from politics to monetary policy.
Hollande smiled and clasped the arms of his one-time economy minister as the two men attended a ceremony at Paris's Arc de Triomphe to commemorate victory over the Nazis in World War II.
39-year-old centrist liberal Macron who ran as the candidate of En Marche!
Macron defeated the far-right leader Le Pen.Le Pen's decisive defeat, with an estimated 35 per cent votes, has put Trump in a slightly tricky spot after he had indicated support for her ahead of the first round of the polls.
Downing Street praised "the United Kingdom and France's unique partnership providing a strong foundation for future co-operation", ahead of Britain starting talks to end its membership of the European Union.
A crowd of Macron supporters roared with delight, jubilantly waving red, white and blue tricolour flags at a victory party outside the Louvre Museum in Paris.
If Macron's presidency were to follow a similar pathway to his two predecessors, the public mood could turn against him rapidly.
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Steps taken by President Trump on trade and regulation since taking office have left foreign counterparts jittery. The gathering paved the way for a meeting of national leaders in Taormina, Sicily, on May 26-27.
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The current share price indicates that stock is -4.59% away from its one year high and is moving 63.93% ahead of its 52-week low. COPYRIGHT VIOLATION NOTICE: This news story was first published by The Cerbat Gem and is the property of of The Cerbat Gem.
Mr Macron faces the huge task of delivering growth by sweeping reforms while preserving most of the current social model.
"A new page of history is starting today". That means many of them may be burdened by the handicap of being largely unknown to voters in constituencies they compete for.
The European Commission President, Jean-Claude Juncker, also congratulated president-elect Macron in a letter he posted on Twitter.
Macron won 66.1% of the vote to the 33.9% of his adversary, Marine Le Pen. The world of arts has been anti-Le Pen throughout the contentious campaign.
Many people did not agree with what he was doing and became cross with him. But years of French economic underperformance, ambivalence about reforms and repeated violations of European Union fiscal rules have sapped German confidence in its neighbour, dimming prospects for a deal.
The National Front's interim president, named while Le Pen campaigned for Sunday's runoff, said the changes include giving the party a new name.
This accelerated procedure, bypassing parliament, could mean a fiery start to his term as France's highly activist unions would likely bring protests out onto the streets, as they did previous year when Socialist Prime Minister Manuel Valls used the tactic. Other indexes across Europe were also trading lower, while the euro, which briefly hit a six-month high above $1.10 overnight, was down 0.4 percent at $1.0955.
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There has also been a significant uptake in its movie ticketing, and travel booking (rail, bus and flight tickets) businesses. Investors like Softbank are betting big on Paytm as they expect to re-write the Alipay success story in China here in India.
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The EIA forecast that US oil demand for 2017 will grow 290,000 bpd, up from its previous forecast for 250,000 bpd growth. Brent crude was up 57 cents, hovering at $50.79 per barrel, while US West Texas Intermediate jumped 61 cents to $47.94.